Real Estate Investment Properties for Sale in Illinois

Looking for investment property in Illinois with high ROI ?

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

Multi Family for Sale in Illinois

Search for Multi Family for Sale in Illinois. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 2,553 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6955 S Honore St Chicago, IL SOLID 2 FLAT WITH FIRST FLOOR DUPLEX. TENANT INCOME IN BOTH UNITS. BUILDING IN GREAT SHAP...	6 beds \| 2 baths \| 2,124 sq.ft.	$364,700	Airbnb cash on cash: 1.87% Traditional cash on cash: 5.67% Airbnb Rental Income: $1525 Traditional Rental Income: $2384 Airbnb ROI: 1.87% Traditional ROI: 5.67%
4836 S Dorchester Ave Chicago, IL Looking for a Stunning 3-Flat Georgian Style Multi-Family Building or convert to your Sing...	7 beds \| 3 baths \| N/A	$925,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 0.63% Airbnb Rental Income: $5639 Traditional Rental Income: $2659 Airbnb ROI: 2.78% Traditional ROI: 0.63%
57 E Cedar St Chicago, IL 57 E Cedar St, Chicago, IL 60611 \| Multi Family	4 beds \| 4 baths \| 3,600 sq.ft.	$1,699,990	Airbnb cash on cash: -0.26% Traditional cash on cash: -1.04% Airbnb Rental Income: $6014 Traditional Rental Income: $3594 Airbnb ROI: -0.26% Traditional ROI: -1.04%
8330 S Buffalo Ave Chicago, IL	9 beds \| 4 baths \| N/A	$399,999	Airbnb cash on cash: 2.04% Traditional cash on cash: 6.72% Airbnb Rental Income: $2004 Traditional Rental Income: $3237 Airbnb ROI: 2.04% Traditional ROI: 6.72%
33 E Division St Chicago, IL 33 E Division was originally constructed in 1881. This historic Potter Palmer Greystone si...	7 beds \| 7 baths \| N/A	$3,600,000	Airbnb cash on cash: -0.17% Traditional cash on cash: -0.94% Airbnb Rental Income: $5565 Traditional Rental Income: $1874 Airbnb ROI: -0.17% Traditional ROI: -0.94%
1813 W Cermak Rd Chicago, IL 1813 W Cermak Rd, Chicago, IL 60608 \| Multi Family	9 beds \| 6 baths \| N/A	$1,050,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.6% Airbnb Rental Income: $null Traditional Rental Income: $5817 Airbnb ROI: N/A Traditional ROI: 2.6%
4736 S Prairie Ave Chicago, IL Bronzeville Exceptionally Striking, Classic Iconic Chicago, 3 unit 3 Story 1890's Greyston...	9 beds \| 6 baths \| N/A	$799,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 6.29% Airbnb Rental Income: $2463 Traditional Rental Income: $6787 Airbnb ROI: -0.33% Traditional ROI: 6.29%
4914 W Van Buren St Chicago, IL WELCOME SECTION 8. 3 BEDROOMS, 1 BATH, HARDWOOD FLOORS UPDATE KITCHEN SUNDED FLOORS, NEW ...	5 beds \| 3 baths \| 1,200 sq.ft.	$434,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 2.44% Airbnb Rental Income: $2814 Traditional Rental Income: $2410 Airbnb ROI: 1.82% Traditional ROI: 2.44%
6359 S Rhodes Ave Chicago, IL	7 beds \| 2 baths \| 1,500 sq.ft.	$249,999	Airbnb cash on cash: 2.77% Traditional cash on cash: 4.27% Airbnb Rental Income: $2039 Traditional Rental Income: $1864 Airbnb ROI: 2.77% Traditional ROI: 4.27%
7749 S Muskegon Ave Chicago, IL FREE - FREE 32" TV - MOVE RIGHT IN -ONE MONTH FREE RENT!!!- DECEMBER ON US!! TO THIS SPACI...	10 beds \| 3 baths \| 1,000 sq.ft.	$279,900	Airbnb cash on cash: 3.86% Traditional cash on cash: 2.18% Airbnb Rental Income: $2585 Traditional Rental Income: $1523 Airbnb ROI: 3.86% Traditional ROI: 2.18%
4749 S Prairie Ave Chicago, IL Rare original gray-stone in Heart of Bronzeville. Be part of the Renaissance. Large apar...	11 beds \| 3 baths \| 3,792 sq.ft.	$875,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 1.33% Airbnb Rental Income: $1500 Traditional Rental Income: $2317 Airbnb ROI: -0.22% Traditional ROI: 1.33%
5139 W Washington Blvd Chicago, IL Turn key investment opportunity available now! Two unit plus a garden unit building with a...	8 beds \| 3 baths \| 3,792 sq.ft.	$495,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 4.23% Airbnb Rental Income: $2191 Traditional Rental Income: $2891 Airbnb ROI: 1.52% Traditional ROI: 4.23%
1512 N Maplewood Ave Chicago, IL An amazing investment/redevelopment opportunity in the hot Humboldt Park/West Bucktown nei...	4 beds \| 2 baths \| 1,344 sq.ft.	$649,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 1.9% Airbnb Rental Income: $2147 Traditional Rental Income: $2282 Airbnb ROI: 0.77% Traditional ROI: 1.9%
117 W Pine St Broadwell, IL Perfect property for investor or live in one unit and reap the benefits of extra income. W...	6 beds \| 3 baths \| 2,352 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $1164 Airbnb ROI: N/A Traditional ROI: 3.96%
9043 Skokie Blvd SKOKIE, IL	7 beds \| 3 baths \| N/A	$650,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 2.58% Airbnb Rental Income: $3150 Traditional Rental Income: $3142 Airbnb ROI: 1.42% Traditional ROI: 2.58%
119 E Superior St OTTAWA, IL Well-maintained 4-unit apartment complex in a convenient Ottawa location within walking di...	4 beds \| 4 baths \| N/A	$269,900	Airbnb cash on cash: 5.79% Traditional cash on cash: 5.64% Airbnb Rental Income: $2769 Traditional Rental Income: $2082 Airbnb ROI: 5.79% Traditional ROI: 5.64%
7445 W 64th St SUMMIT, IL ARM CHAIR INVESTMENT. 4 UNITS FULLY OCCUPIED AND TENANTS PAYING THEIR OWN UTILITIES. LIVE ...	9 beds \| 4 baths \| 3,168 sq.ft.	$390,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 5% Airbnb Rental Income: $2991 Traditional Rental Income: $3092 Airbnb ROI: 2.85% Traditional ROI: 5%
6630 S Washtenaw Ave Chicago, IL Nothing to do in this gorgeous rehabbed 2 unit. Two bedrooms with 1 bath in each unit w/in...	6 beds \| 3 baths \| 2,300 sq.ft.	$425,999	Airbnb cash on cash: 4.68% Traditional cash on cash: 4.4% Airbnb Rental Income: $3496 Traditional Rental Income: $2610 Airbnb ROI: 4.68% Traditional ROI: 4.4%
4149 N Wolcott Ave Chicago, IL Attractive 3 unit investment property in sought after North Center neighborhood. The uniqu...	4 beds \| 3 baths \| N/A	$965,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.2% Airbnb Rental Income: $2247 Traditional Rental Income: $2840 Airbnb ROI: -0.09% Traditional ROI: 1.2%
625 N Monticello Ave Chicago, IL Beautiful move-in ready brick 2-flat is a must see!! The 1ST Fl is duplexed into the lower...	9 beds \| 4 baths \| 1,795 sq.ft.	$409,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 6.23% Airbnb Rental Income: $1649 Traditional Rental Income: $3085 Airbnb ROI: 1.28% Traditional ROI: 6.23%
11317 S Edbrooke Ave Chicago, IL	5 beds \| 2 baths \| N/A	$179,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 10.71% Airbnb Rental Income: $1490 Traditional Rental Income: $2377 Airbnb ROI: 2.97% Traditional ROI: 10.71%
5760 S Wells St Chicago, IL	7 beds \| 3 baths \| 2,236 sq.ft.	$175,000	Airbnb cash on cash: 7.92% Traditional cash on cash: 10.46% Airbnb Rental Income: $2567 Traditional Rental Income: $2374 Airbnb ROI: 7.92% Traditional ROI: 10.46%
1421 N Austin Blvd Chicago, IL This is a fantastic brick 2 unit building each unit features 3 bedrooms, undated kitchen, ...	6 beds \| 2 baths \| N/A	$374,000	Airbnb cash on cash: 8.08% Traditional cash on cash: 5.83% Airbnb Rental Income: $4737 Traditional Rental Income: $2969 Airbnb ROI: 8.08% Traditional ROI: 5.83%
6711 S Paxton Ave Chicago, IL Jumbo three flat, just steps off Jackson Park golf course, harbor and lakefront. Over 6000...	12 beds \| 6 baths \| N/A	$949,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 5.38% Airbnb Rental Income: $2771 Traditional Rental Income: $6337 Airbnb ROI: 0.61% Traditional ROI: 5.38%
7065 N Wolcott Ave Chicago, IL Amazing Greystone 2 flat with a finished lower level for additional living space in East R...	7 beds \| 5 baths \| N/A	$749,995	Airbnb cash on cash: 0.41% Traditional cash on cash: 5.4% Airbnb Rental Income: $2136 Traditional Rental Income: $5083 Airbnb ROI: 0.41% Traditional ROI: 5.4%
2037 N Tripp Ave Chicago, IL Turnkey investment opportunity in the Hermosa Neighborhood! This fully rented, income-prod...	4 beds \| 3 baths \| N/A	$449,900	Airbnb cash on cash: 3.16% Traditional cash on cash: 5.26% Airbnb Rental Income: $3025 Traditional Rental Income: $3218 Airbnb ROI: 3.16% Traditional ROI: 5.26%
7917 S Maryland Ave Chicago, IL This Beautiful building was completely rehabbed in 2020. Gleaming hardwood floors througho...	6 beds \| 3 baths \| N/A	$399,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 3.95% Airbnb Rental Income: $1156 Traditional Rental Income: $2344 Airbnb ROI: -0.24% Traditional ROI: 3.95%
5433 W Melrose St Chicago, IL ANOTHER BRICK 2 FLAT IN GREAT PORTAGE PARK AREA. ALMOST 2,800SF IN BOTH APTS. 1ST FLOOR AN...	8 beds \| 4 baths \| 2,726 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.33% Airbnb Rental Income: $null Traditional Rental Income: $3717 Airbnb ROI: N/A Traditional ROI: 4.33%
7955 S Manistee Ave Chicago, IL	9 beds \| 3 baths \| N/A	$450,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.83% Airbnb Rental Income: $1668 Traditional Rental Income: $2570 Airbnb ROI: 0.59% Traditional ROI: 3.83%
2341 N Merrimac Ave Chicago, IL Brick 2 flat close to Riis Park and to the brick yard, 2nd floor with 2 bedrooms, separate...	5 beds \| 4 baths \| N/A	$489,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 6.02% Airbnb Rental Income: $3384 Traditional Rental Income: $3881 Airbnb ROI: 3.29% Traditional ROI: 6.02%
3103 N Kedzie Ave Chicago, IL LOCATION - LOCATION - LOCATION - POTENTIAL - POTENTIAL - POTENTIAL in high-demand Logan Sq...	6 beds \| 3 baths \| N/A	$685,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 2.21% Airbnb Rental Income: $2126 Traditional Rental Income: $2991 Airbnb ROI: 0.01% Traditional ROI: 2.21%
2843 W Fletcher St Chicago, IL Recently rehabbed fully rented two-flat in the heart of Avondale near Logan Square. Update...	5 beds \| 2 baths \| 2,960 sq.ft.	$799,900	Airbnb cash on cash: -0.45% Traditional cash on cash: 1.02% Airbnb Rental Income: $2126 Traditional Rental Income: $2676 Airbnb ROI: -0.45% Traditional ROI: 1.02%
7348 S Vernon Ave Chicago, IL Come and view this large 4 unit building in sought after Park Manor! The building offers ...	6 beds \| 4 baths \| 3,976 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.67% Airbnb Rental Income: $null Traditional Rental Income: $3698 Airbnb ROI: N/A Traditional ROI: 6.67%
7142 S Lowe Ave Chicago, IL Affordable brick 2 flat featuring a 2 bedroom and 3 bedroom unit. Individual heat, and co...	5 beds \| 2 baths \| 2,442 sq.ft.	$189,999	Airbnb cash on cash: 3.68% Traditional cash on cash: 8.57% Airbnb Rental Income: $1609 Traditional Rental Income: $2035 Airbnb ROI: 3.68% Traditional ROI: 8.57%
1327 W Walton St Chicago, IL West Town/Noble Square Unique XTRA LARGE 2 FLAT with the most desirable floorplans! CAN B...	7 beds \| 5 baths \| N/A	$1,399,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 1.34% Airbnb Rental Income: $3108 Traditional Rental Income: $4778 Airbnb ROI: -0.49% Traditional ROI: 1.34%
2939 N Hamlin Ave Chicago, IL Looking for Multi Unit building in Avondale? Here's a Great Property for Investors/Rehabbe...	8 beds \| 4 baths \| N/A	$899,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 3.1% Airbnb Rental Income: $1794 Traditional Rental Income: $4007 Airbnb ROI: -0.13% Traditional ROI: 3.1%
1250 W End Ave CHICAGO HEIGHTS, IL Welcome to this prime 4-flat multi-unit property nestled in the sought-after Chicago Heigh...	8 beds \| 4 baths \| N/A	$389,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 1.35% Airbnb Rental Income: $2113 Traditional Rental Income: $1745 Airbnb ROI: 0.88% Traditional ROI: 1.35%

Your search for investment property begins and ends here

Multi Family for Sale in Illinois

6955 S Honore St

Chicago, IL

6 beds | 2 baths | 2,124 sq.ft.

$364,700

Airbnb cash on cash: 1.87%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $1525

Traditional Rental Income: $2384

Airbnb ROI: 1.87%

Traditional ROI: 5.67%

4836 S Dorchester Ave

Chicago, IL

7 beds | 3 baths | N/A

$925,000

Airbnb cash on cash: 2.78%

Traditional cash on cash: 0.63%

Airbnb Rental Income: $5639

Traditional Rental Income: $2659

Airbnb ROI: 2.78%

Traditional ROI: 0.63%

57 E Cedar St

Chicago, IL

4 beds | 4 baths | 3,600 sq.ft.

$1,699,990

Airbnb cash on cash: -0.26%

Traditional cash on cash: -1.04%

Airbnb Rental Income: $6014

Traditional Rental Income: $3594

Airbnb ROI: -0.26%

Traditional ROI: -1.04%

8330 S Buffalo Ave

Chicago, IL

9 beds | 4 baths | N/A

$399,999

Airbnb cash on cash: 2.04%

Traditional cash on cash: 6.72%

Airbnb Rental Income: $2004

Traditional Rental Income: $3237

Airbnb ROI: 2.04%

Traditional ROI: 6.72%

33 E Division St

Chicago, IL

7 beds | 7 baths | N/A

$3,600,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: -0.94%

Airbnb Rental Income: $5565

Traditional Rental Income: $1874

Airbnb ROI: -0.17%

Traditional ROI: -0.94%

1813 W Cermak Rd

Chicago, IL

9 beds | 6 baths | N/A

$1,050,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.6%

Airbnb Rental Income: $null

Traditional Rental Income: $5817

Airbnb ROI: N/A

Traditional ROI: 2.6%

4736 S Prairie Ave

Chicago, IL

9 beds | 6 baths | N/A

$799,000

Airbnb cash on cash: -0.33%

Traditional cash on cash: 6.29%

Airbnb Rental Income: $2463

Traditional Rental Income: $6787

Airbnb ROI: -0.33%

Traditional ROI: 6.29%

4914 W Van Buren St

Chicago, IL

5 beds | 3 baths | 1,200 sq.ft.

$434,900

Airbnb cash on cash: 1.82%

Traditional cash on cash: 2.44%

Airbnb Rental Income: $2814

Traditional Rental Income: $2410

Airbnb ROI: 1.82%