Real Estate Investment Properties for Sale in Olney, IL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2303 Mimosa Dr. Olney, IL This 3 bed 1.5 bath home is situated on a low traffic street(cul-de-sac) offering a nice s...	3 beds \| 2 baths \| 1,988 sq.ft.	$128,900	Airbnb cash on cash: 3.27% Traditional cash on cash: 10.94% Airbnb Rental Income: $1309 Traditional Rental Income: $1853 Airbnb ROI: 3.27% Traditional ROI: 10.94%
429 S Morgan St Olney, IL 429 S Morgan St, Olney, IL 62450 \| Single Family Residential	1 beds \| 1 baths \| 2,534 sq.ft.	$95,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 3.79% Airbnb Rental Income: $617 Traditional Rental Income: $740 Airbnb ROI: -0.68% Traditional ROI: 3.79%
4990 N Collins Dr Olney, IL New Listing! 4990 N Collins Dr. $699,900 Olney, IL Boasting over 5000 ft.Â² of living ...	3 beds \| 2 baths \| 2,515 sq.ft.	$625,000	Airbnb cash on cash: -1.87% Traditional cash on cash: 1.25% Airbnb Rental Income: $1309 Traditional Rental Income: $2720 Airbnb ROI: -1.87% Traditional ROI: 1.25%
439 E Glenwood Ave Olney, IL 439 E Glenwood Ave, Olney, IL 62450 \| Single Family Residential	4 beds \| 2 baths \| 2,626 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.76% Airbnb Rental Income: $null Traditional Rental Income: $2148 Airbnb ROI: N/A Traditional ROI: 2.76%
119 W Mack Ave Olney, IL	4 beds \| 4 baths \| 3,072 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.82% Airbnb Rental Income: $null Traditional Rental Income: $3406 Airbnb ROI: N/A Traditional ROI: 8.82%
3918 N Saint Marie Rd Olney, IL 3918 N Saint Marie Rd, Olney, IL 62450 \| Single Family Residential	3 beds \| 2 baths \| 3,564 sq.ft.	$1,222,000	Airbnb cash on cash: -2.55% Traditional cash on cash: -1.92% Airbnb Rental Income: $1309 Traditional Rental Income: $1618 Airbnb ROI: -2.55% Traditional ROI: -1.92%
3966 N Elmdale Rd Olney, IL Enjoy the perfect blend of country living and modern convenience at this beautiful home lo...	2 beds \| 2 baths \| 1,596 sq.ft.	$175,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 10.43% Airbnb Rental Income: $903 Traditional Rental Income: $2175 Airbnb ROI: 0.76% Traditional ROI: 10.43%
5615 N Sugar Creek Rd Olney, IL Waterfront Opportunity on Borah Lake! Bring your vision and transform this spacious lakef...	2 beds \| 2 baths \| 1,685 sq.ft.	$199,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 9.4% Airbnb Rental Income: $903 Traditional Rental Income: $2385 Airbnb ROI: -0.2% Traditional ROI: 9.4%

Real Estate investment in Olney, IL

There are 8 properties for sale in the city of Olney . The median list price in Olney is $118,189 and the average price per square foot is $55. In June 2026, the average monthly cash on cash return in Olney is 13.00%. The average monthly rental income in Olney is $1,608.

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

There are 8 investment properties available for sale in Olney.

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

The ROI for Short-Term is higher than the Long-Term in Olney with average rental income of $1,309.

Your search for investment property begins and ends here

Investment Property for Sale in Olney, IL

2303 Mimosa Dr.

Olney, IL

3 beds | 2 baths | 1,988 sq.ft.

$128,900

Airbnb cash on cash: 3.27%

Traditional cash on cash: 10.94%

Airbnb Rental Income: $1309

Traditional Rental Income: $1853

Airbnb ROI: 3.27%

Traditional ROI: 10.94%

429 S Morgan St

Olney, IL

1 beds | 1 baths | 2,534 sq.ft.

$95,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $617

Traditional Rental Income: $740

Airbnb ROI: -0.68%

Traditional ROI: 3.79%

4990 N Collins Dr

Olney, IL

3 beds | 2 baths | 2,515 sq.ft.

$625,000

Airbnb cash on cash: -1.87%

Traditional cash on cash: 1.25%

Airbnb Rental Income: $1309

Traditional Rental Income: $2720

Airbnb ROI: -1.87%

Traditional ROI: 1.25%

439 E Glenwood Ave

Olney, IL

4 beds | 2 baths | 2,626 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2148

Airbnb ROI: N/A

Traditional ROI: 2.76%

119 W Mack Ave

Olney, IL

4 beds | 4 baths | 3,072 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.82%

Airbnb Rental Income: $null

Traditional Rental Income: $3406

Airbnb ROI: N/A

Traditional ROI: 8.82%

3918 N Saint Marie Rd

Olney, IL

3 beds | 2 baths | 3,564 sq.ft.

$1,222,000

Airbnb cash on cash: -2.55%

Traditional cash on cash: -1.92%

Airbnb Rental Income: $1309

Traditional Rental Income: $1618

Airbnb ROI: -2.55%

Traditional ROI: -1.92%

3966 N Elmdale Rd

Olney, IL

2 beds | 2 baths | 1,596 sq.ft.

$175,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 10.43%

Airbnb Rental Income: $903

Traditional Rental Income: $2175

Airbnb ROI: 0.76%

Traditional ROI: 10.43%

5615 N Sugar Creek Rd

Olney, IL

2 beds | 2 baths | 1,685 sq.ft.

$199,900

Airbnb cash on cash: -0.2%

Traditional cash on cash: 9.4%

Airbnb Rental Income: $903

Traditional Rental Income: $2385

Airbnb ROI: -0.2%