Real Estate Investment Properties for Sale in Morton Grove, IL

Looking for investment property in Morton Grove, IL with high ROI ?

Explore a variety of short-term homes & houses in Morton Grove, IL. Invest wisely with VRBO & Morton Grove, 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 Morton Grove, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5500 Lincoln Ave #407-W MORTON GROVE, IL Beautiful one-bedroom condo in Morton Grove with plenty of sunshine, central air/central h...	1 beds \| 1 baths \| 750 sq.ft.	$179,999	Airbnb cash on cash: -1.75% Traditional cash on cash: 3.28% Airbnb Rental Income: $980 Traditional Rental Income: $1490 Airbnb ROI: -1.75% Traditional ROI: 3.28%
7313 Lyons St MORTON GROVE, IL Remarks: Welcome to this beautifully maintained 4-bedroom, 2. bath ranch home offering a p...	4 beds \| 2 baths \| 1,700 sq.ft.	$529,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 3.64% Airbnb Rental Income: $1676 Traditional Rental Income: $3090 Airbnb ROI: -0.02% Traditional ROI: 3.64%
8535 Callie Ave MORTON GROVE, IL This is a non-conforming two unit in Morton Grove. First floor has open floor plan with tw...	5 beds \| 2 baths \| N/A	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.73% Airbnb Rental Income: $null Traditional Rental Income: $2565 Airbnb ROI: N/A Traditional ROI: 2.73%
5501 Lincoln Avenue unit: 203 #203 MORTON GROVE, IL Bright & Airy Corner Unit with Balcony and Modern Upgrades! Spacious 2BR/2BA with open liv...	2 beds \| 2 baths \| 1,565 sq.ft.	$299,900	Airbnb cash on cash: -1.24% Traditional cash on cash: 3.99% Airbnb Rental Income: $1408 Traditional Rental Income: $2460 Airbnb ROI: -1.24% Traditional ROI: 3.99%
5510 Lincoln Ave #101 MORTON GROVE, IL First floor 2 bedroom, 2 bath condo in Morton Grove offering a spacious layout and excelle...	2 beds \| 2 baths \| N/A	$255,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 6.61% Airbnb Rental Income: $1408 Traditional Rental Income: $2361 Airbnb ROI: -1.02% Traditional ROI: 6.61%
8300 Callie Ave #311 MORTON GROVE, IL YOU WILL IMMEDIATELY FALL IN LOVE WITH THIS GRACIOUSLY ,COZY, AND BEAUTIFUL 2- BED 2- BATH...	2 beds \| 2 baths \| 1,627 sq.ft.	$399,998	Airbnb cash on cash: -2.08% Traditional cash on cash: 2.1% Airbnb Rental Income: $1408 Traditional Rental Income: $2550 Airbnb ROI: -2.08% Traditional ROI: 2.1%
7434 Emerson St MORTON GROVE, IL Welcome to your dream home. Beautifully updated, freshly painted and move-in ready, this s...	5 beds \| 2 baths \| 2,135 sq.ft.	$569,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.67% Airbnb Rental Income: $1806 Traditional Rental Income: $2771 Airbnb ROI: 0.93% Traditional ROI: 3.67%
5701 Emerson St MORTON GROVE, IL Beautiful home in Morton Grove. Park View Elementary School District. This home has 4 bedr...	3 beds \| 2 baths \| N/A	$455,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 3.24% Airbnb Rental Income: $1676 Traditional Rental Income: $2774 Airbnb ROI: -0.44% Traditional ROI: 3.24%
5533 Lincoln Ave MORTON GROVE, IL Welcome to 5533 Lincoln Ave, a striking, custom all-brick residence offering four expansiv...	4 beds \| 5 baths \| 5,500 sq.ft.	$849,000	Airbnb cash on cash: -1.72% Traditional cash on cash: 4.66% Airbnb Rental Income: $1505 Traditional Rental Income: $6115 Airbnb ROI: -1.72% Traditional ROI: 4.66%
9317 Olcott Ave MORTON GROVE, IL LOCATION, LOCATION, LOCATION !!! BRIGHT MODERN AESTHETIC STUNNINGLY RENOVATED ALL-BRICK RA...	4 beds \| 2 baths \| 2,050 sq.ft.	$620,100	Airbnb cash on cash: -0.27% Traditional cash on cash: 2.51% Airbnb Rental Income: $1676 Traditional Rental Income: $2814 Airbnb ROI: -0.27% Traditional ROI: 2.51%
8640 Waukegan Rd #123 MORTON GROVE, IL COMFORTABLE & CONVENIENT 1ST FLOOR CONDO WITH SUNNY EAST COURTYARD EXPOSURE! This spacious...	2 beds \| 2 baths \| N/A	$250,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 4.15% Airbnb Rental Income: $1408 Traditional Rental Income: $2231 Airbnb ROI: -1.13% Traditional ROI: 4.15%
8377 Mulberry Ave MORTON GROVE, IL Be the first to live in this brand new, never been lived in 3 bedroom in Metro on Main tow...	3 beds \| 2 baths \| 1,780 sq.ft.	$539,900	Airbnb cash on cash: -1.81% Traditional cash on cash: 2.02% Airbnb Rental Income: $1676 Traditional Rental Income: $3138 Airbnb ROI: -1.81% Traditional ROI: 2.02%
9416 Oliphant Ave MORTON GROVE, IL Coming soon! This beautifully maintained 3-bedroom, 2-bath split-level home welcomes you w...	3 beds \| 2 baths \| 1,942 sq.ft.	$499,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.72% Airbnb Rental Income: $1676 Traditional Rental Income: $3138 Airbnb ROI: -0.42% Traditional ROI: 3.72%
7315 Arcadia St MORTON GROVE, IL Sold AS-IS. Home needs updating and is priced accordingly.	4 beds \| 2 baths \| 1,890 sq.ft.	$596,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 3.33% Airbnb Rental Income: $1505 Traditional Rental Income: $2878 Airbnb ROI: 0.07% Traditional ROI: 3.33%
7441 Lyons St MORTON GROVE, IL 7441 Lyons St, MORTON GROVE, IL 60053 \| Single Family Residential	3 beds \| 2 baths \| 1,786 sq.ft.	$430,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 4.31% Airbnb Rental Income: $1676 Traditional Rental Income: $3138 Airbnb ROI: -0.48% Traditional ROI: 4.31%
8723 Callie Ave MORTON GROVE, IL 8723 Callie Ave, MORTON GROVE, IL 60053 \| Single Family Residential	3 beds \| 2 baths \| 1,154 sq.ft.	$459,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 3.84% Airbnb Rental Income: $1676 Traditional Rental Income: $3138 Airbnb ROI: -0.65% Traditional ROI: 3.84%
8548 Grove St MORTON GROVE, IL Well-appointed CORNER UNIT and built in 2018, this modern townhouse offers 3 bedrooms, 2.1...	3 beds \| 2 baths \| 1,756 sq.ft.	$496,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 3.42% Airbnb Rental Income: $1676 Traditional Rental Income: $3138 Airbnb ROI: -0.75% Traditional ROI: 3.42%
8918 Parkside Avenue MORTON GROVE, IL Single level living at its finest! Close to everything, this brick 2-bedroom home has it a...	2 beds \| 2 baths \| 1,142 sq.ft.	$338,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 3.69% Airbnb Rental Income: $1408 Traditional Rental Income: $2352 Airbnb ROI: -0.61% Traditional ROI: 3.69%
8538 Mason Avenue MORTON GROVE, IL Welcome to this meticulously maintained 4-bedroom, 2-bath home, lovingly cared for by only...	4 beds \| 2 baths \| 2,200 sq.ft.	$550,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 2.9% Airbnb Rental Income: $1505 Traditional Rental Income: $2713 Airbnb ROI: -0.31% Traditional ROI: 2.9%

Real Estate investment in Morton-grove, IL

There are 35 properties for sale in the city of Morton Grove . The median list price in Morton Grove is $520,000 and the average price per square foot is $206. In February 2026, the average monthly cash on cash return in Morton Grove is 4.00%. The average monthly rental income in Morton Grove is $2,774.

Morton-grove, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 35 investment properties available for sale in Morton-grove.

In 2026, the best neighborhood to buy investment property is MORTON GROVE.

The ROI for Short-Term is higher than the Long-Term in Morton-grove with average rental income of $1,676.

Your search for investment property begins and ends here

Investment Property for Sale in Morton Grove, IL

5500 Lincoln Ave #407-W

MORTON GROVE, IL

1 beds | 1 baths | 750 sq.ft.

$179,999

Airbnb cash on cash: -1.75%

Traditional cash on cash: 3.28%

Airbnb Rental Income: $980

Traditional Rental Income: $1490

Airbnb ROI: -1.75%

Traditional ROI: 3.28%

7313 Lyons St

MORTON GROVE, IL

4 beds | 2 baths | 1,700 sq.ft.

$529,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 3.64%

Airbnb Rental Income: $1676

Traditional Rental Income: $3090

Airbnb ROI: -0.02%

Traditional ROI: 3.64%

8535 Callie Ave

MORTON GROVE, IL

5 beds | 2 baths | N/A

$449,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2565

Airbnb ROI: N/A

Traditional ROI: 2.73%

5501 Lincoln Avenue unit: 203 #203

MORTON GROVE, IL

2 beds | 2 baths | 1,565 sq.ft.

$299,900

Airbnb cash on cash: -1.24%

Traditional cash on cash: 3.99%

Airbnb Rental Income: $1408

Traditional Rental Income: $2460

Airbnb ROI: -1.24%

Traditional ROI: 3.99%

5510 Lincoln Ave #101

MORTON GROVE, IL

2 beds | 2 baths | N/A

$255,000

Airbnb cash on cash: -1.02%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $1408

Traditional Rental Income: $2361

Airbnb ROI: -1.02%

Traditional ROI: 6.61%

8300 Callie Ave #311

MORTON GROVE, IL

2 beds | 2 baths | 1,627 sq.ft.

$399,998

Airbnb cash on cash: -2.08%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $1408

Traditional Rental Income: $2550

Airbnb ROI: -2.08%

Traditional ROI: 2.1%

7434 Emerson St

MORTON GROVE, IL

5 beds | 2 baths | 2,135 sq.ft.

$569,000

Airbnb cash on cash: 0.93%

Traditional cash on cash: 3.67%

Airbnb Rental Income: $1806

Traditional Rental Income: $2771

Airbnb ROI: 0.93%

Traditional ROI: 3.67%

5701 Emerson St

MORTON GROVE, IL

3 beds | 2 baths | N/A

$455,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 3.24%

Airbnb Rental Income: $1676

Traditional Rental Income: $2774

Airbnb ROI: -0.44%