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
4298 N Midway Rd Olney, IL Situated 2.98 acres on a blacktop road this recently updated home could be the country hom...	3 beds \| 3 baths \| N/A	$269,900	Airbnb cash on cash: 1.36% Traditional cash on cash: 5.66% Airbnb Rental Income: $1742 Traditional Rental Income: $2359 Airbnb ROI: 1.36% Traditional ROI: 5.66%
1104 S Maple St. Olney, IL Rare opportunity to own one of Olney's signature properties! Situated on 2.38 beautifully ...	3 beds \| 2 baths \| 3,253 sq.ft.	$315,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 2.84% Airbnb Rental Income: $1742 Traditional Rental Income: $1966 Airbnb ROI: 0.46% Traditional ROI: 2.84%
4913 N Whitewater Road Olney, IL Custom luxury lakefront home on East Fork Lake offering approximately 6,000 sqft with wate...	3 beds \| 4 baths \| 6,000 sq.ft.	$790,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 0.42% Airbnb Rental Income: $1742 Traditional Rental Income: $1950 Airbnb ROI: -0.51% Traditional ROI: 0.42%
1103 W Mack Avenue Olney, IL This is a 4 bedroom home on the edge of Olney! There are 2 bedrooms on the main floor, ori...	4 beds \| 1 baths \| 1,898 sq.ft.	$109,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.83% Airbnb Rental Income: $null Traditional Rental Income: $1373 Airbnb ROI: N/A Traditional ROI: 8.83%
3547 E Honey Lane Olney, IL Built in 2017 and privately situated on approximately 2.5 acres, this attractive 3-bedroom...	3 beds \| 2 baths \| 1,937 sq.ft.	$279,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 5.1% Airbnb Rental Income: $1742 Traditional Rental Income: $2066 Airbnb ROI: 2.05% Traditional ROI: 5.1%
433 W Elm Olney, IL Completely renovated and move-in ready! This stunning 3-bedroom, 2-bath home has been thou...	3 beds \| 2 baths \| 1,485 sq.ft.	$199,500	Airbnb cash on cash: 4.77% Traditional cash on cash: 8.26% Airbnb Rental Income: $1742 Traditional Rental Income: $1925 Airbnb ROI: 4.77% Traditional ROI: 8.26%
1203 Jonathan Dr Olney, IL Welcome home to this spacious 4-bedroom, 2.5-bath residence nestled in a highly desirable ...	4 beds \| 3 baths \| N/A	$297,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.84% Airbnb Rental Income: $null Traditional Rental Income: $2805 Airbnb ROI: N/A Traditional ROI: 6.84%
325 N Elliott St Olney, IL If you've been watching this property, now is the time to take another look! - 4 Bedrooms ...	4 beds \| 3 baths \| 2,116 sq.ft.	$209,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.19% Airbnb Rental Income: $null Traditional Rental Income: $2699 Airbnb ROI: N/A Traditional ROI: 11.19%
1401 Jason Ln Olney, IL	3 beds \| 2 baths \| 1,536 sq.ft.	$199,900	Airbnb cash on cash: 3.55% Traditional cash on cash: 7.17% Airbnb Rental Income: $1742 Traditional Rental Income: $1950 Airbnb ROI: 3.55% Traditional ROI: 7.17%
1103 Willow Olney, IL You need to check out this 4 bedroom 2 bathroom house. Located near both the high school a...	4 beds \| 2 baths \| N/A	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.22% Airbnb Rental Income: $null Traditional Rental Income: $2212 Airbnb ROI: N/A Traditional ROI: 8.22%
5579 N Fairway Road Olney, IL Enjoy golf course living along the 18th hole of Richland Golf Club! Built in 2012, this at...	3 beds \| 3 baths \| 2,125 sq.ft.	$425,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 3.73% Airbnb Rental Income: $1742 Traditional Rental Income: $2472 Airbnb ROI: 0.7% Traditional ROI: 3.73%
1209 Taylor Dr Olney, IL Fall in love with this inviting ranch-style home in the desirable Taylor Subdivision, conv...	3 beds \| 2 baths \| 1,850 sq.ft.	$229,900	Airbnb cash on cash: 3.58% Traditional cash on cash: 7.57% Airbnb Rental Income: $1742 Traditional Rental Income: $2132 Airbnb ROI: 3.58% Traditional ROI: 7.57%
132 E Locust St Olney, IL This beautiful brick home is ready for its new owners! Move in ready home featuring 4 bedr...	4 beds \| 2 baths \| 1,575 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.19% Airbnb Rental Income: $null Traditional Rental Income: $2033 Airbnb ROI: N/A Traditional ROI: 10.19%
4367 Northshore Lane Olney, IL A picture-perfect retreat! A home nestled on a wooded lot sitting by the lakeside offers a...	2 beds \| 2 baths \| 1,048 sq.ft.	$298,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 3.65% Airbnb Rental Income: $1136 Traditional Rental Income: $1594 Airbnb ROI: 0.68% Traditional ROI: 3.65%
709 W Lafayette Olney, IL Welcome home to this single- level ranch home situated on a desirable corner lot. The invi...	3 beds \| 1 baths \| 1,199 sq.ft.	$115,000	Airbnb cash on cash: 9.2% Traditional cash on cash: 11.72% Airbnb Rental Income: $1742 Traditional Rental Income: $1543 Airbnb ROI: 9.2% Traditional ROI: 11.72%
902 Hall St Olney, IL Fall in love with the space, setting, and location of this charming 2-bedroom, 2-bath home...	2 beds \| 2 baths \| 1,691 sq.ft.	$199,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 7.13% Airbnb Rental Income: $1136 Traditional Rental Income: $2027 Airbnb ROI: 0.43% Traditional ROI: 7.13%

Real Estate investment in Olney, IL

There are 16 properties for sale in the city of Olney . The median list price in Olney is $165,921 and the average price per square foot is $76. In November 2026, the average monthly cash on cash return in Olney is 9.00%. The average monthly rental income in Olney is $1,997.

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

There are 16 investment properties available for sale in Olney.

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

The ROI for Long-Term is higher than the Short-Term in Olney with average rental income of $1,997.

Your search for investment property begins and ends here

Investment Property for Sale in Olney, IL

4298 N Midway Rd

Olney, IL

3 beds | 3 baths | N/A

$269,900

Airbnb cash on cash: 1.36%

Traditional cash on cash: 5.66%

Airbnb Rental Income: $1742

Traditional Rental Income: $2359

Airbnb ROI: 1.36%

Traditional ROI: 5.66%

1104 S Maple St.

Olney, IL

3 beds | 2 baths | 3,253 sq.ft.

$315,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $1742

Traditional Rental Income: $1966

Airbnb ROI: 0.46%

Traditional ROI: 2.84%

4913 N Whitewater Road

Olney, IL

3 beds | 4 baths | 6,000 sq.ft.

$790,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: 0.42%

Airbnb Rental Income: $1742

Traditional Rental Income: $1950

Airbnb ROI: -0.51%

Traditional ROI: 0.42%

1103 W Mack Avenue

Olney, IL

4 beds | 1 baths | 1,898 sq.ft.

$109,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.83%

Airbnb Rental Income: $null

Traditional Rental Income: $1373

Airbnb ROI: N/A

Traditional ROI: 8.83%

3547 E Honey Lane

Olney, IL

3 beds | 2 baths | 1,937 sq.ft.

$279,900

Airbnb cash on cash: 2.05%

Traditional cash on cash: 5.1%

Airbnb Rental Income: $1742

Traditional Rental Income: $2066

Airbnb ROI: 2.05%

Traditional ROI: 5.1%

433 W Elm

Olney, IL

3 beds | 2 baths | 1,485 sq.ft.

$199,500

Airbnb cash on cash: 4.77%

Traditional cash on cash: 8.26%

Airbnb Rental Income: $1742

Traditional Rental Income: $1925

Airbnb ROI: 4.77%

Traditional ROI: 8.26%

1203 Jonathan Dr

Olney, IL

4 beds | 3 baths | N/A

$297,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.84%

Airbnb Rental Income: $null

Traditional Rental Income: $2805

Airbnb ROI: N/A

Traditional ROI: 6.84%

325 N Elliott St

Olney, IL

4 beds | 3 baths | 2,116 sq.ft.

$209,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2699

Airbnb ROI: N/A