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
139 Ridgeway Olney, IL Discover this absolutely charming renovated 3-bedroom, 1-bath 1110 sq. Ft. +/- home situat...	3 beds \| 1 baths \| 1,110 sq.ft.	$137,500	Airbnb cash on cash: 4.89% Traditional cash on cash: 11.5% Airbnb Rental Income: $1621 Traditional Rental Income: $2034 Airbnb ROI: 4.89% Traditional ROI: 11.5%
1911 N Stringtown Road Olney, IL Discover the charm of country living on this incredible 3-acre property in rural Richland ...	3 beds \| 2 baths \| 2,700 sq.ft.	$265,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 6.65% Airbnb Rental Income: $1621 Traditional Rental Income: $2361 Airbnb ROI: 1.85% Traditional ROI: 6.65%
4958 N Watergate Road Olney, IL We are pleased to present this spectacular 4,400 square foot, 3 bedroom, 3 bath stone ranc...	3 beds \| 3 baths \| 4,400 sq.ft.	$800,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.3% Airbnb Rental Income: $1621 Traditional Rental Income: $2737 Airbnb ROI: -0.81% Traditional ROI: 1.3%
318 S Elliott Olney, IL Surrounded by charm and history, this home showcases a great floor plan in an ideal locati...	3 beds \| 2 baths \| 1,533 sq.ft.	$169,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 8.83% Airbnb Rental Income: $1621 Traditional Rental Income: $2045 Airbnb ROI: 3.38% Traditional ROI: 8.83%
Investment Properties for Sale in Other Cities of Illinois
7240 S Oakley Avenue Chicago , IL BRING YOUR CLIENTS! THIS BEAUTHY LOOKS LITTLE BUT IS ENORMOUS! WITH PLANE OF ROOMS IDEAL F...	4 beds \| 2 baths \| 1,016 sq.ft.	$314,990	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.31% Airbnb Rental Income: $761 Traditional Rental Income: $2121 Airbnb ROI: -0.35% Traditional ROI: 5.31%
1722 N Keeler Avenue Chicago , IL Hot Hermosa location! Updated single family home on a great block. House went through ext...	3 beds \| 1 baths \| 842 sq.ft.	$315,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 3.35% Airbnb Rental Income: $1756 Traditional Rental Income: $1632 Airbnb ROI: 2.14% Traditional ROI: 3.35%
4141 N Kedzie Avenue #307 Chicago , IL Come see this stunning 2 bed / 2 bath condo loaded with upgrades! Step inside to a bright,...	2 beds \| 2 baths \| 1,691 sq.ft.	$415,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 2.09% Airbnb Rental Income: $1795 Traditional Rental Income: $2573 Airbnb ROI: -1.17% Traditional ROI: 2.09%
40 E 9th Street #1516 Chicago , IL Discover a unique gem within the South Loop's prominent high-rise community-a stunning thr...	3 beds \| 3 baths \| 2,000 sq.ft.	$400,000	Airbnb cash on cash: -4.13% Traditional cash on cash: 2.44% Airbnb Rental Income: $2210 Traditional Rental Income: $4117 Airbnb ROI: -4.13% Traditional ROI: 2.44%
1528 W Monroe St #200 Chicago , IL 1528 W Monroe St #200, Chicago, IL 60607 \| Condo/Coop	3 beds \| 2 baths \| 1,550 sq.ft.	$585,000	Airbnb cash on cash: -1.92% Traditional cash on cash: 0.11% Airbnb Rental Income: $1910 Traditional Rental Income: $2512 Airbnb ROI: -1.92% Traditional ROI: 0.11%
6929 S Loomis Boulevard Chicago , IL This house has everything your client requested. 5 bedrooms, 3 full bathrooms, Full finis...	4 beds \| 3 baths \| 1,000 sq.ft.	$259,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 7.88% Airbnb Rental Income: $872 Traditional Rental Income: $2322 Airbnb ROI: 0.6% Traditional ROI: 7.88%
7216 S CENTRAL PARK Avenue Chicago , IL Well-maintained brick ranch in move-in condition! Features gleaming hardwood floors, origi...	3 beds \| 2 baths \| N/A	$304,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 5.98% Airbnb Rental Income: $1139 Traditional Rental Income: $2371 Airbnb ROI: 0.36% Traditional ROI: 5.98%
7205 S HAMLIN Avenue Chicago , IL Maintenance free 4 bedroom ranch with finished basement. 3 bedrooms on the main and one in...	3 beds \| 2 baths \| 1,080 sq.ft.	$379,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 3.88% Airbnb Rental Income: $1438 Traditional Rental Income: $1877 Airbnb ROI: 1.45% Traditional ROI: 3.88%

Real Estate investment in Olney, IL

There are 4 properties for sale in the city of Olney . The median list price in Olney is $129,900 and the average price per square foot is $72. In October 2025, the average monthly cash on cash return in Olney is 13.00%. The average monthly rental income in Olney is $2,045.

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

There are 4 investment properties available for sale in Olney.

In 2025, 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 $1,621.

Your search for investment property begins and ends here

Investment Property for Sale in Olney, IL

139 Ridgeway

Olney, IL

3 beds | 1 baths | 1,110 sq.ft.

$137,500

Airbnb cash on cash: 4.89%

Traditional cash on cash: 11.5%

Airbnb Rental Income: $1621

Traditional Rental Income: $2034

Airbnb ROI: 4.89%

Traditional ROI: 11.5%

1911 N Stringtown Road

Olney, IL

3 beds | 2 baths | 2,700 sq.ft.

$265,000

Airbnb cash on cash: 1.85%

Traditional cash on cash: 6.65%

Airbnb Rental Income: $1621

Traditional Rental Income: $2361

Airbnb ROI: 1.85%

Traditional ROI: 6.65%

4958 N Watergate Road

Olney, IL

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

$800,000

Airbnb cash on cash: -0.81%

Traditional cash on cash: 1.3%

Airbnb Rental Income: $1621

Traditional Rental Income: $2737

Airbnb ROI: -0.81%

Traditional ROI: 1.3%

318 S Elliott

Olney, IL

3 beds | 2 baths | 1,533 sq.ft.

$169,900

Airbnb cash on cash: 3.38%

Traditional cash on cash: 8.83%

Airbnb Rental Income: $1621

Traditional Rental Income: $2045

Airbnb ROI: 3.38%

Traditional ROI: 8.83%

Investment Properties for Sale in Other Cities of Illinois

Chicago , IL

4 beds | 2 baths | 1,016 sq.ft.

$314,990

Airbnb cash on cash: -0.35%

Traditional cash on cash: 5.31%

Airbnb Rental Income: $761

Traditional Rental Income: $2121

Airbnb ROI: -0.35%

Traditional ROI: 5.31%

Chicago , IL

3 beds | 1 baths | 842 sq.ft.

$315,000

Airbnb cash on cash: 2.14%

Traditional cash on cash: 3.35%

Airbnb Rental Income: $1756

Traditional Rental Income: $1632

Airbnb ROI: 2.14%

Traditional ROI: 3.35%

Chicago , IL

2 beds | 2 baths | 1,691 sq.ft.

$415,000

Airbnb cash on cash: -1.17%

Traditional cash on cash: 2.09%

Airbnb Rental Income: $1795

Traditional Rental Income: $2573

Airbnb ROI: -1.17%

Traditional ROI: 2.09%

Chicago , IL

3 beds | 3 baths | 2,000 sq.ft.

$400,000

Airbnb cash on cash: -4.13%

Traditional cash on cash: 2.44%

Airbnb Rental Income: $2210

Traditional Rental Income: $4117

Airbnb ROI: -4.13%

Traditional ROI: 2.44%

Chicago , IL

3 beds | 2 baths | 1,550 sq.ft.