Real Estate Investment Properties for Sale in Niles, IL

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
9810 N Lauren Lane NILES, IL Welcome to 9810 Lauren Lane. Completely rehabbed in 2023! Pull up on the new concrete cir...	4 beds \| 3 baths \| 2,600 sq.ft.	$579,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 1.76% Airbnb Rental Income: $1997 Traditional Rental Income: $2291 Airbnb ROI: 0.26% Traditional ROI: 1.76%
9246 N Courtland Drive NILES, IL Nothing to do in this totally rehabbed and excellent maintain 2 flat on a quiet street. 2 ...	7 beds \| N/A baths \| N/A	$669,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 1.89% Airbnb Rental Income: $2637 Traditional Rental Income: $2748 Airbnb ROI: 0.7% Traditional ROI: 1.89%
9078 W Heathwood Drive #1M NILES, IL Step into this freshly painted, beautifully remodeled first-floor corner unit in the highl...	2 beds \| 2 baths \| 1,286 sq.ft.	$249,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 3.67% Airbnb Rental Income: $1839 Traditional Rental Income: $2189 Airbnb ROI: 0.09% Traditional ROI: 3.67%
8209 N Oleander Avenue NILES, IL One-of-a-Kind 4-Bedroom Home in Niles! Set on an 8,500 sq. ft. lot with 3,400 sq. ft. of ...	4 beds \| 3 baths \| 3,400 sq.ft.	$799,500	Airbnb cash on cash: -0.55% Traditional cash on cash: 2.07% Airbnb Rental Income: $1997 Traditional Rental Income: $3429 Airbnb ROI: -0.55% Traditional ROI: 2.07%
8313 W Ballard Road NILES, IL This beautifully updated home is one of Niles' best! Fully renovated in 2021, it features ...	4 beds \| 4 baths \| 1,823 sq.ft.	$599,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 3.17% Airbnb Rental Income: $1997 Traditional Rental Income: $3261 Airbnb ROI: -0.02% Traditional ROI: 3.17%
6801 N Milwaukee Avenue #202 NILES, IL Exceptional Value in a Prime Location! Welcome to this beautifully maintained 2-bedroom co...	2 beds \| 1 baths \| N/A	$289,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 2.64% Airbnb Rental Income: $1839 Traditional Rental Income: $1877 Airbnb ROI: 0.68% Traditional ROI: 2.64%
8966 W Heathwood Circle NILES, IL Beautiful Waterfront Townhouse in Sought-After Concord Lake, Niles! Welcome to this well-m...	3 beds \| 3 baths \| 1,591 sq.ft.	$374,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 5.16% Airbnb Rental Income: $2055 Traditional Rental Income: $2735 Airbnb ROI: 1.72% Traditional ROI: 5.16%
7939 N Neva Avenue NILES, IL Welcome to 7939 N Neva Ave, a classic brick ranch nestled in the highly desirable West Nil...	3 beds \| 2 baths \| 1,394 sq.ft.	$425,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 4.5% Airbnb Rental Income: $2055 Traditional Rental Income: $2504 Airbnb ROI: 2.04% Traditional ROI: 4.5%
8426 W Betty Terrace NILES, IL Welcome to 8426 W Betty Terrace - a gem nestled in a peaceful corner of Niles! This beauti...	3 beds \| 3 baths \| 1,400 sq.ft.	$639,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.76% Airbnb Rental Income: $2055 Traditional Rental Income: $2569 Airbnb ROI: 0.01% Traditional ROI: 1.76%
7120 N Milwaukee Avenue #702 NILES, IL Start your next chapter here! You will fall in love with this 2 bedroom, 2 bath condo i...	2 beds \| 2 baths \| N/A	$300,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.51% Airbnb Rental Income: $1839 Traditional Rental Income: $2431 Airbnb ROI: 0.66% Traditional ROI: 4.51%
8045 N Ozanam Avenue NILES, IL PROPERTY BEING SOLD AS-IS NO EXCEPTIONS! CASH ONLY! NO SHOWINGS! NO INSPECTIONS! Due to p...	3 beds \| 2 baths \| 1,235 sq.ft.	$200,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 7.2% Airbnb Rental Income: $2055 Traditional Rental Income: $2413 Airbnb ROI: 2.51% Traditional ROI: 7.2%
8748 N Olcott Avenue NILES, IL *MULTIPLE OFFERS RECEIVED - Highest and Best due Monday 9/15 at 7:00PM* Attention Inve...	3 beds \| 3 baths \| 1,252 sq.ft.	$369,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 5.72% Airbnb Rental Income: $2055 Traditional Rental Income: $2550 Airbnb ROI: 2.75% Traditional ROI: 5.72%
7401 W Main Street NILES, IL Spacious two-story Georgian home situated in a corner lot in the desirable location of Gre...	3 beds \| 3 baths \| 2,526 sq.ft.	$495,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 4.49% Airbnb Rental Income: $2055 Traditional Rental Income: $3357 Airbnb ROI: 0.53% Traditional ROI: 4.49%
7645 N Nora Avenue NILES, IL We're in multiple offers situations. An amazing opportunity to own a nice house in Niles/L...	2 beds \| 2 baths \| 1,251 sq.ft.	$399,777	Airbnb cash on cash: 0.78% Traditional cash on cash: 3.4% Airbnb Rental Income: $1839 Traditional Rental Income: $2323 Airbnb ROI: 0.78% Traditional ROI: 3.4%
7450 Waukegan Road #206 NILES, IL Welcome to this sun-filled 2-bedroom, 1-bath condo nestled in the charming Abbey Manor com...	2 beds \| 1 baths \| N/A	$285,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.63% Airbnb Rental Income: $1839 Traditional Rental Income: $1809 Airbnb ROI: 0.9% Traditional ROI: 2.63%
7524 W Jonquil Ter NILES, IL 7524 W Jonquil Ter, NILES, IL 60714 \| Single Family Residential	4 beds \| 4 baths \| 2,922 sq.ft.	$965,000	Airbnb cash on cash: -1.72% Traditional cash on cash: 0.06% Airbnb Rental Income: $1997 Traditional Rental Income: $3073 Airbnb ROI: -1.72% Traditional ROI: 0.06%
8809 Golf Road #10-C NILES, IL Offered AS-IS for the first time in 35 years, this rarely available 10th-floor condo in Hi...	1 beds \| 1 baths \| 1,050 sq.ft.	$169,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 3.9% Airbnb Rental Income: $1841 Traditional Rental Income: $1617 Airbnb ROI: 2.21% Traditional ROI: 3.9%
8815 W GOLF Road #6D NILES, IL ABSOLUTELY GORGEOUS, UPDATED & FULL OF SUNLIGHT HUGE 1 BEDROOM + 1 BATH CONDO ON 6TH FLOOR...	1 beds \| 1 baths \| 1,150 sq.ft.	$194,900	Airbnb cash on cash: 1.37% Traditional cash on cash: 2.95% Airbnb Rental Income: $1841 Traditional Rental Income: $1637 Airbnb ROI: 1.37% Traditional ROI: 2.95%

Real Estate investment in Niles, IL

There are 36 properties for sale in the city of Niles . The median list price in Niles is $349,900 and the average price per square foot is $204. In October 2025, the average monthly cash on cash return in Niles is 4.00%. The average monthly rental income in Niles is $2,413.

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

There are 36 investment properties available for sale in Niles.

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

The ROI for Long-Term is higher than the Short-Term in Niles with average rental income of $2,413.

Your search for investment property begins and ends here

Investment Property for Sale in Niles, IL

9810 N Lauren Lane

NILES, IL

4 beds | 3 baths | 2,600 sq.ft.

$579,900

Airbnb cash on cash: 0.26%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $1997

Traditional Rental Income: $2291

Airbnb ROI: 0.26%

Traditional ROI: 1.76%

9246 N Courtland Drive

NILES, IL

7 beds | N/A baths | N/A

$669,900

Airbnb cash on cash: 0.7%

Traditional cash on cash: 1.89%

Airbnb Rental Income: $2637

Traditional Rental Income: $2748

Airbnb ROI: 0.7%

Traditional ROI: 1.89%

9078 W Heathwood Drive #1M

NILES, IL

2 beds | 2 baths | 1,286 sq.ft.

$249,900

Airbnb cash on cash: 0.09%

Traditional cash on cash: 3.67%

Airbnb Rental Income: $1839

Traditional Rental Income: $2189

Airbnb ROI: 0.09%

Traditional ROI: 3.67%

8209 N Oleander Avenue

NILES, IL

4 beds | 3 baths | 3,400 sq.ft.

$799,500

Airbnb cash on cash: -0.55%

Traditional cash on cash: 2.07%

Airbnb Rental Income: $1997

Traditional Rental Income: $3429

Airbnb ROI: -0.55%

Traditional ROI: 2.07%

8313 W Ballard Road

NILES, IL

4 beds | 4 baths | 1,823 sq.ft.

$599,900

Airbnb cash on cash: -0.02%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $1997

Traditional Rental Income: $3261

Airbnb ROI: -0.02%

Traditional ROI: 3.17%

6801 N Milwaukee Avenue #202

NILES, IL

2 beds | 1 baths | N/A

$289,000

Airbnb cash on cash: 0.68%

Traditional cash on cash: 2.64%

Airbnb Rental Income: $1839

Traditional Rental Income: $1877

Airbnb ROI: 0.68%

Traditional ROI: 2.64%

8966 W Heathwood Circle

NILES, IL

3 beds | 3 baths | 1,591 sq.ft.

$374,900

Airbnb cash on cash: 1.72%

Traditional cash on cash: 5.16%

Airbnb Rental Income: $2055

Traditional Rental Income: $2735

Airbnb ROI: 1.72%

Traditional ROI: 5.16%

7939 N Neva Avenue

NILES, IL

3 beds | 2 baths | 1,394 sq.ft.

$425,000

Airbnb cash on cash: 2.04%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $2055

Traditional Rental Income: $2504

Airbnb ROI: 2.04%