Real Estate Investment Properties for Sale in Mattoon, IL

Looking for investment property in Mattoon, IL with high ROI ?

Explore a variety of short-term homes & houses in Mattoon, IL. Invest wisely with VRBO & Mattoon, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Mattoon, IL

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1013 15th Street Mattoon, IL Sitting just minutes from restaurants, shopping and entertainment, you'll love both the co...	3 beds \| 2 baths \| 1,808 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.05% Airbnb Rental Income: $null Traditional Rental Income: $2136 Airbnb ROI: N/A Traditional ROI: 11.05%
2808 Western Avenue Mattoon, IL Bursting the classic character and original charm this three bedroom home on Western Ave i...	3 beds \| 1 baths \| 1,859 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $1593 Airbnb ROI: N/A Traditional ROI: 6.26%
Investment Properties for Sale in Other Cities of Illinois
7240 S Oakley Avenue Chicago , IL BRING YOUR CLIENTS! THIS BEAUTHY LOOKS LITTLE BUT IS ENORMOUS! WITH PLANE OF ROOMS IDEAL F...	4 beds \| 2 baths \| 1,016 sq.ft.	$314,990	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.31% Airbnb Rental Income: $761 Traditional Rental Income: $2121 Airbnb ROI: -0.35% Traditional ROI: 5.31%
1722 N Keeler Avenue Chicago , IL Hot Hermosa location! Updated single family home on a great block. House went through ext...	3 beds \| 1 baths \| 842 sq.ft.	$315,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 3.35% Airbnb Rental Income: $1756 Traditional Rental Income: $1632 Airbnb ROI: 2.14% Traditional ROI: 3.35%
4141 N Kedzie Avenue #307 Chicago , IL Come see this stunning 2 bed / 2 bath condo loaded with upgrades! Step inside to a bright,...	2 beds \| 2 baths \| 1,691 sq.ft.	$415,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 2.09% Airbnb Rental Income: $1795 Traditional Rental Income: $2573 Airbnb ROI: -1.17% Traditional ROI: 2.09%
40 E 9th Street #1516 Chicago , IL Discover a unique gem within the South Loop's prominent high-rise community-a stunning thr...	3 beds \| 3 baths \| 2,000 sq.ft.	$400,000	Airbnb cash on cash: -4.13% Traditional cash on cash: 2.44% Airbnb Rental Income: $2210 Traditional Rental Income: $4117 Airbnb ROI: -4.13% Traditional ROI: 2.44%
1528 W Monroe St #200 Chicago , IL 1528 W Monroe St #200, Chicago, IL 60607 \| Condo/Coop	3 beds \| 2 baths \| 1,550 sq.ft.	$585,000	Airbnb cash on cash: -1.92% Traditional cash on cash: 0.11% Airbnb Rental Income: $1910 Traditional Rental Income: $2512 Airbnb ROI: -1.92% Traditional ROI: 0.11%
6929 S Loomis Boulevard Chicago , IL This house has everything your client requested. 5 bedrooms, 3 full bathrooms, Full finis...	4 beds \| 3 baths \| 1,000 sq.ft.	$259,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 7.88% Airbnb Rental Income: $872 Traditional Rental Income: $2322 Airbnb ROI: 0.6% Traditional ROI: 7.88%
7216 S CENTRAL PARK Avenue Chicago , IL Well-maintained brick ranch in move-in condition! Features gleaming hardwood floors, origi...	3 beds \| 2 baths \| N/A	$304,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 5.98% Airbnb Rental Income: $1139 Traditional Rental Income: $2371 Airbnb ROI: 0.36% Traditional ROI: 5.98%
7205 S HAMLIN Avenue Chicago , IL Maintenance free 4 bedroom ranch with finished basement. 3 bedrooms on the main and one in...	3 beds \| 2 baths \| 1,080 sq.ft.	$379,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 3.88% Airbnb Rental Income: $1438 Traditional Rental Income: $1877 Airbnb ROI: 1.45% Traditional ROI: 3.88%

Real Estate investment in Mattoon, IL

There are 2 properties for sale in the city of Mattoon . The median list price in Mattoon is $154,900 and the average price per square foot is $100. In October 2025, the average monthly cash on cash return in Mattoon is 13.00%. The average monthly rental income in Mattoon is $1,865.

Mattoon, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 2 investment properties available for sale in Mattoon.

In 2025, the best neighborhood to buy investment property is Mattoon.

The ROI for Long-Term is higher than the Short-Term in Mattoon with average rental income of $1,865.

Your search for investment property begins and ends here

Investment Property for Sale in Mattoon, IL

1013 15th Street

Mattoon, IL

3 beds | 2 baths | 1,808 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2136

Airbnb ROI: N/A

Traditional ROI: 11.05%

2808 Western Avenue

Mattoon, IL

3 beds | 1 baths | 1,859 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.26%

Airbnb Rental Income: $null

Traditional Rental Income: $1593

Airbnb ROI: N/A

Traditional ROI: 6.26%

Investment Properties for Sale in Other Cities of Illinois

Chicago , IL

4 beds | 2 baths | 1,016 sq.ft.

$314,990

Airbnb cash on cash: -0.35%

Traditional cash on cash: 5.31%

Airbnb Rental Income: $761

Traditional Rental Income: $2121

Airbnb ROI: -0.35%

Traditional ROI: 5.31%

Chicago , IL

3 beds | 1 baths | 842 sq.ft.

$315,000

Airbnb cash on cash: 2.14%

Traditional cash on cash: 3.35%

Airbnb Rental Income: $1756

Traditional Rental Income: $1632

Airbnb ROI: 2.14%

Traditional ROI: 3.35%

Chicago , IL

2 beds | 2 baths | 1,691 sq.ft.

$415,000

Airbnb cash on cash: -1.17%

Traditional cash on cash: 2.09%

Airbnb Rental Income: $1795

Traditional Rental Income: $2573

Airbnb ROI: -1.17%

Traditional ROI: 2.09%

Chicago , IL

3 beds | 3 baths | 2,000 sq.ft.

$400,000

Airbnb cash on cash: -4.13%

Traditional cash on cash: 2.44%

Airbnb Rental Income: $2210

Traditional Rental Income: $4117

Airbnb ROI: -4.13%

Traditional ROI: 2.44%

Chicago , IL

3 beds | 2 baths | 1,550 sq.ft.

$585,000

Airbnb cash on cash: -1.92%

Traditional cash on cash: 0.11%

Airbnb Rental Income: $1910

Traditional Rental Income: $2512

Airbnb ROI: -1.92%

Traditional ROI: 0.11%

Chicago , IL

4 beds | 3 baths | 1,000 sq.ft.

$259,900

Airbnb cash on cash: 0.6%

Traditional cash on cash: 7.88%

Airbnb Rental Income: $872

Traditional Rental Income: $2322

Airbnb ROI: 0.6%

Traditional ROI: 7.88%

Chicago , IL

3 beds | 2 baths | N/A

$304,900

Airbnb cash on cash: 0.36%