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
7934 Lotus Avenue MORTON GROVE, IL New Price! You'll feel right at home as you walk in the front door viewing this open floor...	4 beds \| 3 baths \| 2,300 sq.ft.	$689,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 3.48% Airbnb Rental Income: $1505 Traditional Rental Income: $3525 Airbnb ROI: -0.35% Traditional ROI: 3.48%
8936 Ozark Avenue MORTON GROVE, IL Charming Bi-Level home in a Prime Morton Grove location featuring an open living room/dini...	3 beds \| 2 baths \| 1,210 sq.ft.	$449,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 3.82% Airbnb Rental Income: $1676 Traditional Rental Income: $2999 Airbnb ROI: -0.44% Traditional ROI: 3.82%
5533 LINCOLN Avenue MORTON GROVE, IL Welcome to 5533 Lincoln Ave - a four-level custom brick residence offering elevated design...	4 beds \| 6 baths \| 5,700 sq.ft.	$824,900	Airbnb cash on cash: -1.74% Traditional cash on cash: 4.83% Airbnb Rental Income: $1505 Traditional Rental Income: $6115 Airbnb ROI: -1.74% Traditional ROI: 4.83%
9317 Olcott Avenue MORTON GROVE, IL LOCATION, LOCATION, LOCATION !!! BRIGHT MODERN AESTHETIC STUNNINGLY RENOVATED ALL-BRICK RA...	3 beds \| 2 baths \| 2,050 sq.ft.	$595,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 2.66% Airbnb Rental Income: $1676 Traditional Rental Income: $2814 Airbnb ROI: -0.23% Traditional ROI: 2.66%
7315 Arcadia Street MORTON GROVE, IL Sold AS-IS. Home needs updating and is priced accordingly.	4 beds \| 3 baths \| 1,890 sq.ft.	$549,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 3.7% Airbnb Rental Income: $1505 Traditional Rental Income: $2878 Airbnb ROI: 0.16% Traditional ROI: 3.7%
5945 Cleveland Street MORTON GROVE, IL Set on an oversized corner lot in Morton Grove, this home delivers something you almost ne...	4 beds \| 2 baths \| 1,800 sq.ft.	$649,999	Airbnb cash on cash: -1.18% Traditional cash on cash: 1.41% Airbnb Rental Income: $1505 Traditional Rental Income: $2637 Airbnb ROI: -1.18% Traditional ROI: 1.41%
8620 Waukegan Road unit: 408 MORTON GROVE, IL This beautiful condo in sought-after Morton Grove Estates can now be YOURS! Walk into the ...	1 beds \| 1 baths \| N/A	$224,900	Airbnb cash on cash: -2.09% Traditional cash on cash: 0.04% Airbnb Rental Income: $980 Traditional Rental Income: $1081 Airbnb ROI: -2.09% Traditional ROI: 0.04%
9229 NATCHEZ Avenue MORTON GROVE, IL Welcome to this spacious and inviting 5-bedroom, 3 full bath home offering approximately 3...	5 beds \| 3 baths \| 3,500 sq.ft.	$919,999	Airbnb cash on cash: -1.51% Traditional cash on cash: N/A Airbnb Rental Income: $1806 Traditional Rental Income: $0 Airbnb ROI: -1.51% Traditional ROI: N/A
5714 Crain Street MORTON GROVE, IL Beautiful 3 beds 2 baths Split level single family home. Solar panel on roof for heat, sky...	3 beds \| 2 baths \| 3,000 sq.ft.	$425,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 5.6% Airbnb Rental Income: $1676 Traditional Rental Income: $3138 Airbnb ROI: 0.75% Traditional ROI: 5.6%
8535 Callie Avenue 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: -0.24% Traditional cash on cash: 2.73% Airbnb Rental Income: $1806 Traditional Rental Income: $2565 Airbnb ROI: -0.24% Traditional ROI: 2.73%
7710 Dempster unit: 404 MORTON GROVE, IL	2 beds \| 2 baths \| 1,300 sq.ft.	$335,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 3.55% Airbnb Rental Income: $1408 Traditional Rental Income: $2444 Airbnb ROI: -1.08% Traditional ROI: 3.55%
8206 Mango Avenue MORTON GROVE, IL Welcome to this warm and inviting Colonial, where classic charm meets modern convenience. ...	4 beds \| 4 baths \| 3,150 sq.ft.	$650,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 2.77% Airbnb Rental Income: $1505 Traditional Rental Income: $3525 Airbnb ROI: -1.29% Traditional ROI: 2.77%
7128 Emerson Street MORTON GROVE, IL Gorgeous custom home on an oversized corner lot just steps from the park. This spacious ho...	4 beds \| 5 baths \| 3,800 sq.ft.	$739,500	Airbnb cash on cash: -1.44% Traditional cash on cash: 2.13% Airbnb Rental Income: $1505 Traditional Rental Income: $3525 Airbnb ROI: -1.44% Traditional ROI: 2.13%
7710 Dempster Street unit: 408 MORTON GROVE, IL	2 beds \| 2 baths \| 1,200 sq.ft.	$340,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 4.97% Airbnb Rental Income: $1408 Traditional Rental Income: $2444 Airbnb ROI: 0.4% Traditional ROI: 4.97%

Real Estate investment in Morton-grove, IL

There are 18 properties for sale in the city of Morton Grove . The median list price in Morton Grove is $549,000 and the average price per square foot is $207. In March 2026, the average monthly cash on cash return in Morton Grove is 4.00%. The average monthly rental income in Morton Grove is $2,771.

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

There are 18 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 $1,505.

Your search for investment property begins and ends here

Investment Property for Sale in Morton Grove, IL

7934 Lotus Avenue

MORTON GROVE, IL

4 beds | 3 baths | 2,300 sq.ft.

$689,900

Airbnb cash on cash: -0.35%

Traditional cash on cash: 3.48%

Airbnb Rental Income: $1505

Traditional Rental Income: $3525

Airbnb ROI: -0.35%

Traditional ROI: 3.48%

8936 Ozark Avenue

MORTON GROVE, IL

3 beds | 2 baths | 1,210 sq.ft.

$449,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 3.82%

Airbnb Rental Income: $1676

Traditional Rental Income: $2999

Airbnb ROI: -0.44%

Traditional ROI: 3.82%

5533 LINCOLN Avenue

MORTON GROVE, IL

4 beds | 6 baths | 5,700 sq.ft.

$824,900

Airbnb cash on cash: -1.74%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $1505

Traditional Rental Income: $6115

Airbnb ROI: -1.74%

Traditional ROI: 4.83%

9317 Olcott Avenue

MORTON GROVE, IL

3 beds | 2 baths | 2,050 sq.ft.

$595,000

Airbnb cash on cash: -0.23%

Traditional cash on cash: 2.66%

Airbnb Rental Income: $1676

Traditional Rental Income: $2814

Airbnb ROI: -0.23%

Traditional ROI: 2.66%

7315 Arcadia Street

MORTON GROVE, IL

4 beds | 3 baths | 1,890 sq.ft.

$549,000

Airbnb cash on cash: 0.16%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $1505

Traditional Rental Income: $2878

Airbnb ROI: 0.16%

Traditional ROI: 3.7%

5945 Cleveland Street

MORTON GROVE, IL

4 beds | 2 baths | 1,800 sq.ft.

$649,999

Airbnb cash on cash: -1.18%

Traditional cash on cash: 1.41%

Airbnb Rental Income: $1505

Traditional Rental Income: $2637

Airbnb ROI: -1.18%

Traditional ROI: 1.41%

8620 Waukegan Road unit: 408

MORTON GROVE, IL

1 beds | 1 baths | N/A

$224,900

Airbnb cash on cash: -2.09%

Traditional cash on cash: 0.04%

Airbnb Rental Income: $980

Traditional Rental Income: $1081

Airbnb ROI: -2.09%

Traditional ROI: 0.04%

9229 NATCHEZ Avenue

MORTON GROVE, IL

5 beds | 3 baths | 3,500 sq.ft.

$919,999

Airbnb cash on cash: -1.51%

Traditional cash on cash: N/A

Airbnb Rental Income: $1806

Traditional Rental Income: $0

Airbnb ROI: -1.51%