Real Estate Investment Properties for Sale in Neoga, IL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7 Prahls Dr NEOGA, IL Welcome to your lakefront retreat on stunning Lake Mattoon! Enjoy the best of lake living...	3 beds \| 2 baths \| 1,404 sq.ft.	$445,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.67% Airbnb Rental Income: $1900 Traditional Rental Income: $2729 Airbnb ROI: 0.47% Traditional ROI: 3.67%
474 W 9th St NEOGA, IL 474 W 9th St, NEOGA, IL 62447 \| Single Family Residential	2 beds \| 1 baths \| 1,056 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.41% Airbnb Rental Income: $null Traditional Rental Income: $1385 Airbnb ROI: N/A Traditional ROI: 6.41%
2 Clear Creek Dr NEOGA, IL 2 Clear Creek Dr, NEOGA, IL 62447 \| Single Family Residential	1 beds \| 1 baths \| N/A	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.53% Airbnb Rental Income: $null Traditional Rental Income: $891 Airbnb ROI: N/A Traditional ROI: 2.53%
9 Oak Pt NEOGA, IL 9 Oak Pt, NEOGA, IL 62447 \| Single Family Residential	4 beds \| 3 baths \| 2,172 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $2689 Airbnb ROI: N/A Traditional ROI: 3.76%
108 Shorts Dr NEOGA, IL Life is better on Lake Mattoon! This 2 bedroom cozy cabin on the water with the most beaut...	2 beds \| 1 baths \| 442 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $1366 Airbnb ROI: N/A Traditional ROI: 4.85%
3082 E 300 North Rd NEOGA, IL 3082 E 300 North Rd, NEOGA, IL 62463 \| Single Family Residential	4 beds \| 2 baths \| 2,833 sq.ft.	$678,500	Airbnb cash on cash: N/A Traditional cash on cash: 0.68% Airbnb Rental Income: $null Traditional Rental Income: $2581 Airbnb ROI: N/A Traditional ROI: 0.68%
1209 N Hickory Dr NEOGA, IL Fabulous Location, Country Subdivision Large Corner Lot *3 Bedroom, 2.5 Bath Contempor...	3 beds \| 2 baths \| 2,034 sq.ft.	$280,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 9.76% Airbnb Rental Income: $1900 Traditional Rental Income: $3276 Airbnb ROI: 2.63% Traditional ROI: 9.76%
104 E Harrison St NEOGA, IL 104 E Harrison St, NEOGA, IL 62462 \| Single Family Residential	3 beds \| 1 baths \| 1,120 sq.ft.	$240,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 3.4% Airbnb Rental Income: $1900 Traditional Rental Income: $1599 Airbnb ROI: 2.5% Traditional ROI: 3.4%
41 Clear Creek Dr NEOGA, IL 41 Clear Creek Dr, NEOGA, IL 62447 \| Other	N/A beds \| N/A baths \| N/A	$105,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.45% Airbnb Rental Income: $null Traditional Rental Income: $872 Airbnb ROI: N/A Traditional ROI: 4.45%
76 Clear Creek Drive NEOGA, IL Life is better at the lake! Breathtaking open-water views create the perfect backdrop for ...	3 beds \| 2 baths \| 1,775 sq.ft.	$399,900	Airbnb cash on cash: 1.44% Traditional cash on cash: 5.11% Airbnb Rental Income: $1900 Traditional Rental Income: $2769 Airbnb ROI: 1.44% Traditional ROI: 5.11%
573 W 7th St NEOGA, IL 573 W 7th St, NEOGA, IL 62447 \| Single Family Residential	2 beds \| 1 baths \| 960 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $1316 Airbnb ROI: N/A Traditional ROI: 5.04%
612 County Road 800 N NEOGA, IL 612 County Road 800 N, NEOGA, IL 62447 \| Single Family Residential	4 beds \| 2 baths \| 2,637 sq.ft.	$309,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $2458 Airbnb ROI: N/A Traditional ROI: 4.89%
301 E Main St NEOGA, IL 301 E Main St, NEOGA, IL 62463 \| Single Family Residential	4 beds \| 2 baths \| 2,000 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $2363 Airbnb ROI: N/A Traditional ROI: 6.38%
1209 Hickory Dr NEOGA, IL 1209 Hickory Dr, NEOGA, IL 62447 \| Single Family Residential	3 beds \| 2 baths \| 1,931 sq.ft.	$259,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 5.33% Airbnb Rental Income: $1900 Traditional Rental Income: $2188 Airbnb ROI: 2.09% Traditional ROI: 5.33%
439 County Road 200 Ave E NEOGA, IL 439 County Road 200 Ave E, NEOGA, IL 62462 \| Single Family Residential	6 beds \| 3 baths \| 3,200 sq.ft.	$334,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $3073 Airbnb ROI: N/A Traditional ROI: 6.22%
505 North 2nd St NEOGA, IL 505 North 2nd St, NEOGA, IL 62463 \| Single Family Residential	2 beds \| 2 baths \| 1,467 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.55% Airbnb Rental Income: $null Traditional Rental Income: $1768 Airbnb ROI: N/A Traditional ROI: 6.55%
470 Elm Ave NEOGA, IL 470 Elm Ave, NEOGA, IL 62447 \| Single Family Residential	2 beds \| 1 baths \| 944 sq.ft.	$80,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.92% Airbnb Rental Income: $null Traditional Rental Income: $1281 Airbnb ROI: N/A Traditional ROI: 11.92%

Real Estate investment in Neoga, IL

There are 17 properties for sale in the city of Neoga . The median list price in Neoga is $164,102 and the average price per square foot is $94. In September 2026, the average monthly cash on cash return in Neoga is 6.00%. The average monthly rental income in Neoga is $1,415.

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

There are 17 investment properties available for sale in Neoga.

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

The ROI for Long-Term is higher than the Short-Term in Neoga with average rental income of $1,415.

Your search for investment property begins and ends here

Investment Property for Sale in Neoga, IL

7 Prahls Dr

NEOGA, IL

3 beds | 2 baths | 1,404 sq.ft.

$445,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 3.67%

Airbnb Rental Income: $1900

Traditional Rental Income: $2729

Airbnb ROI: 0.47%

Traditional ROI: 3.67%

474 W 9th St

NEOGA, IL

2 beds | 1 baths | 1,056 sq.ft.

$139,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.41%

Airbnb Rental Income: $null

Traditional Rental Income: $1385

Airbnb ROI: N/A

Traditional ROI: 6.41%

2 Clear Creek Dr

NEOGA, IL

1 beds | 1 baths | N/A

$145,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.53%

Airbnb Rental Income: $null

Traditional Rental Income: $891

Airbnb ROI: N/A

Traditional ROI: 2.53%

9 Oak Pt

NEOGA, IL

4 beds | 3 baths | 2,172 sq.ft.

$395,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2689

Airbnb ROI: N/A

Traditional ROI: 3.76%

108 Shorts Dr

NEOGA, IL

2 beds | 1 baths | 442 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1366

Airbnb ROI: N/A

Traditional ROI: 4.85%

3082 E 300 North Rd

NEOGA, IL

4 beds | 2 baths | 2,833 sq.ft.

$678,500

Airbnb cash on cash: N/A

Traditional cash on cash: 0.68%

Airbnb Rental Income: $null

Traditional Rental Income: $2581

Airbnb ROI: N/A

Traditional ROI: 0.68%

1209 N Hickory Dr

NEOGA, IL

3 beds | 2 baths | 2,034 sq.ft.

$280,000

Airbnb cash on cash: 2.63%

Traditional cash on cash: 9.76%

Airbnb Rental Income: $1900

Traditional Rental Income: $3276

Airbnb ROI: 2.63%

Traditional ROI: 9.76%

104 E Harrison St

NEOGA, IL

3 beds | 1 baths | 1,120 sq.ft.

$240,000

Airbnb cash on cash: 2.5%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $1900

Traditional Rental Income: $1599

Airbnb ROI: 2.5%