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
4990 N Collins Dr Olney, IL New Listing! 4990 N Collins Dr. $699,900 Olney, IL Boasting over 5000 ft.2 of living space...	3 beds \| 2 baths \| 5,030 sq.ft.	$625,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 1.25% Airbnb Rental Income: $1585 Traditional Rental Income: $2720 Airbnb ROI: -1.47% 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 \| N/A	$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%
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.	$169,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 10.76% Airbnb Rental Income: $999 Traditional Rental Income: $2175 Airbnb ROI: 1.31% Traditional ROI: 10.76%
530 S East St Olney, IL 530 S East St, Olney, IL 62450 \| Single Family Residential	3 beds \| 1 baths \| 1,385 sq.ft.	$124,900	Airbnb cash on cash: 5.43% Traditional cash on cash: 6.95% Airbnb Rental Income: $1585 Traditional Rental Income: $1314 Airbnb ROI: 5.43% Traditional ROI: 6.95%
1314 Jonathan Drive Olney, IL Welcome Home to this spacious (3300 sq. ft.) and well-maintained 2-story residence built i...	4 beds \| 3 baths \| 3,293 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $2610 Airbnb ROI: N/A Traditional ROI: 5.83%
613 Ash St. Olney, IL Welcome home to this well-maintained ranch-style residence built in 1970, offering comfort...	3 beds \| 2 baths \| 1,706 sq.ft.	$169,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 9.34% Airbnb Rental Income: $1585 Traditional Rental Income: $2072 Airbnb ROI: 3.5% Traditional ROI: 9.34%
1104 N Van St Olney, IL If you've been looking for a place with room to grow and enjoy the outdoors, this could be...	4 beds \| 3 baths \| 2,100 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $2596 Airbnb ROI: N/A Traditional ROI: 5%
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 \| N/A	$349,500	Airbnb cash on cash: 0.09% Traditional cash on cash: 2.98% Airbnb Rental Income: $999 Traditional Rental Income: $1594 Airbnb ROI: 0.09% Traditional ROI: 2.98%
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: 0.02% Traditional cash on cash: 2.84% Airbnb Rental Income: $1585 Traditional Rental Income: $1966 Airbnb ROI: 0.02% Traditional ROI: 2.84%
1502 N Walnut St Olney, IL 1502 N Walnut St, Olney, IL 62450 \| Single Family Residential	3 beds \| 2 baths \| 1,173 sq.ft.	$149,900	Airbnb cash on cash: 4.02% Traditional cash on cash: 7.13% Airbnb Rental Income: $1585 Traditional Rental Income: $1578 Airbnb ROI: 4.02% Traditional ROI: 7.13%
4913 N Whitewater Rd Olney, IL 4913 N Whitewater Rd, Olney, IL 62450 \| Single Family Residential	3 beds \| 3 baths \| 6,000 sq.ft.	$800,000	Airbnb cash on cash: -1.86% Traditional cash on cash: -0.76% Airbnb Rental Income: $1585 Traditional Rental Income: $1950 Airbnb ROI: -1.86% Traditional ROI: -0.76%
3881 E Tank Farm Lane Olney, IL A Sportsman's paradise near Olney! Escape to your own private retreat on 40 beautiful acre...	2 beds \| 1 baths \| 1,400 sq.ft.	$435,000	Airbnb cash on cash: -1.9% Traditional cash on cash: 0.9% Airbnb Rental Income: $999 Traditional Rental Income: $1781 Airbnb ROI: -1.9% Traditional ROI: 0.9%
428 Vance Dr Olney, IL Exceptional space, functionality, and outdoor living come together in this beautifully mai...	4 beds \| 3 baths \| N/A	$298,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $2707 Airbnb ROI: N/A Traditional ROI: 7.13%
5615 N Sugar Creek Rd Olney, IL Waterfront Opportunity on Borah Lake! Bring your vision and transform this spacious lakefr...	2 beds \| 2 baths \| N/A	$199,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 9.4% Airbnb Rental Income: $999 Traditional Rental Income: $2385 Airbnb ROI: 0.22% Traditional ROI: 9.4%
5320 E South Harbor Ln Olney, IL Rare opportunity to own a premier waterfront property on Borah Lake! Situated on approxima...	2 beds \| 2 baths \| N/A	$297,500	Airbnb cash on cash: -0.13% Traditional cash on cash: 4.91% Airbnb Rental Income: $999 Traditional Rental Income: $2057 Airbnb ROI: -0.13% Traditional ROI: 4.91%

Real Estate investment in Olney, IL

There are 17 properties for sale in the city of Olney . The median list price in Olney is $118,179 and the average price per square foot is $54. In August 2026, the average monthly cash on cash return in Olney is 9.00%. The average monthly rental income in Olney is $1,965.

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

There are 17 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 $1,965.

Your search for investment property begins and ends here

Investment Property for Sale in Olney, IL

4990 N Collins Dr

Olney, IL

3 beds | 2 baths | 5,030 sq.ft.

$625,000

Airbnb cash on cash: -1.47%

Traditional cash on cash: 1.25%

Airbnb Rental Income: $1585

Traditional Rental Income: $2720

Airbnb ROI: -1.47%

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 | N/A

$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%

3966 N Elmdale Rd

Olney, IL

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

$169,900

Airbnb cash on cash: 1.31%

Traditional cash on cash: 10.76%

Airbnb Rental Income: $999

Traditional Rental Income: $2175

Airbnb ROI: 1.31%

Traditional ROI: 10.76%

530 S East St

Olney, IL

3 beds | 1 baths | 1,385 sq.ft.

$124,900

Airbnb cash on cash: 5.43%

Traditional cash on cash: 6.95%

Airbnb Rental Income: $1585

Traditional Rental Income: $1314

Airbnb ROI: 5.43%

Traditional ROI: 6.95%

1314 Jonathan Drive

Olney, IL

4 beds | 3 baths | 3,293 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.83%

Airbnb Rental Income: $null

Traditional Rental Income: $2610

Airbnb ROI: N/A

Traditional ROI: 5.83%

613 Ash St.

Olney, IL

3 beds | 2 baths | 1,706 sq.ft.

$169,000

Airbnb cash on cash: 3.5%

Traditional cash on cash: 9.34%

Airbnb Rental Income: $1585

Traditional Rental Income: $2072

Airbnb ROI: 3.5%

Traditional ROI: 9.34%

1104 N Van St

Olney, IL

4 beds | 3 baths | 2,100 sq.ft.

$329,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5%

Airbnb Rental Income: $null

Traditional Rental Income: $2596

Airbnb ROI: N/A