Real Estate Investment Properties for Sale in Park Forest, IL

Looking for investment property in Park Forest, IL with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
417 Lakewood Boulevard Park Forest, IL Move in ready ranch featuring 3 bedrooms, 1 full bath, and an attached 1 car garage! Recen...	3 beds \| 1 baths \| 1,248 sq.ft.	$149,000	Airbnb cash on cash: 4% Traditional cash on cash: 5.41% Airbnb Rental Income: $2177 Traditional Rental Income: $1826 Airbnb ROI: 4% Traditional ROI: 5.41%
142 Marquette Street Park Forest, IL WOW!!! // GREAT LOCATION! // 3 BEDROOM // 1 BATH // 1 CAR GARAGE // GRANITE COUNTER TOPS /...	3 beds \| 1 baths \| 1,000 sq.ft.	$124,000	Airbnb cash on cash: 4.99% Traditional cash on cash: 5.54% Airbnb Rental Income: $2177 Traditional Rental Income: $1690 Airbnb ROI: 4.99% Traditional ROI: 5.54%
240 Mantua Street Park Forest, IL This charming ranch home sits on a desirable corner lot with a privacy-fenced yard and a t...	3 beds \| 1 baths \| 1,241 sq.ft.	$154,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 5.93% Airbnb Rental Income: $2177 Traditional Rental Income: $2003 Airbnb ROI: 3.38% Traditional ROI: 5.93%
261 Minocqua Street Park Forest, IL A True Park Forest Delight... 261 Minocqua has been fully renovated into an Open Concept w...	3 beds \| 1 baths \| 1,372 sq.ft.	$148,000	Airbnb cash on cash: 7.6% Traditional cash on cash: 8.91% Airbnb Rental Income: $2177 Traditional Rental Income: $1811 Airbnb ROI: 7.6% Traditional ROI: 8.91%
374 Sauk Trail Park Forest, IL ATTENTION INVESTORS! Please DO NOT disturb tenants. Property is also available to be purch...	3 beds \| 2 baths \| 1,170 sq.ft.	$125,000	Airbnb cash on cash: 4.99% Traditional cash on cash: 8.76% Airbnb Rental Income: $2177 Traditional Rental Income: $2079 Airbnb ROI: 4.99% Traditional ROI: 8.76%
236 Tampa Street Park Forest, IL What A Truly Beautiful Home! This Beauty Speaks For Itself! This Home Offers 3 Bedrooms 1 ...	3 beds \| 1 baths \| 1,340 sq.ft.	$143,000	Airbnb cash on cash: 6.28% Traditional cash on cash: 7.46% Airbnb Rental Income: $2177 Traditional Rental Income: $1788 Airbnb ROI: 6.28% Traditional ROI: 7.46%
236 Allegheny Street Park Forest, IL Short Sale Opportunity Recent updates throughout the home including new kitchen cabin...	4 beds \| 1 baths \| 1,214 sq.ft.	$150,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 6.52% Airbnb Rental Income: $1594 Traditional Rental Income: $1713 Airbnb ROI: 2.52% Traditional ROI: 6.52%
433 TALALA ST Park Forest, IL Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 1 baths \| 200 sq.ft.	$136,000	Airbnb cash on cash: 7.69% Traditional cash on cash: 7.18% Airbnb Rental Income: $2177 Traditional Rental Income: $1559 Airbnb ROI: 7.69% Traditional ROI: 7.18%
119 Well St Park Forest, IL Property is available for online auction only. See Realty Bid for property, auction, showi...	3 beds \| 1 baths \| 1,092 sq.ft.	$112,000	Airbnb cash on cash: 6.5% Traditional cash on cash: 7.43% Airbnb Rental Income: $2177 Traditional Rental Income: $1726 Airbnb ROI: 6.5% Traditional ROI: 7.43%
244 Thomas Street Park Forest, IL Welcome to this thoughtfully refreshed 4-bedroom, 1.5-bath home, updated with care and pri...	3 beds \| 2 baths \| 1,378 sq.ft.	$224,900	Airbnb cash on cash: 3.11% Traditional cash on cash: 6.13% Airbnb Rental Income: $2177 Traditional Rental Income: $2269 Airbnb ROI: 3.11% Traditional ROI: 6.13%
74 Marquette Street Park Forest, IL Welcome to this well-maintained 2-bedroom, 1-bath home that offers comfort and convenience...	2 beds \| 1 baths \| 1,249 sq.ft.	$149,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 5.24% Airbnb Rental Income: $1445 Traditional Rental Income: $1791 Airbnb ROI: -0.17% Traditional ROI: 5.24%
2337 Valley View Lane Park Forest, IL Well-maintained single-family home located on a quiet, Cul-de-sac tree-lined street in Par...	3 beds \| 3 baths \| 2,484 sq.ft.	$279,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 8.95% Airbnb Rental Income: $2177 Traditional Rental Income: $3045 Airbnb ROI: 3.57% Traditional ROI: 8.95%
336 Oakwood Street Park Forest, IL Absolutely Lovely 3 Bedroom 2 Bath Renovated Ranch Home with an amazing floor plan! Featur...	3 beds \| 2 baths \| 2,083 sq.ft.	$190,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 4.99% Airbnb Rental Income: $2177 Traditional Rental Income: $2499 Airbnb ROI: 0.15% Traditional ROI: 4.99%
226 S Orchard Drive Park Forest, IL First floor bedroom with direct exterior entrance and adjacent full bath make a perfect in...	4 beds \| 2 baths \| 1,470 sq.ft.	$229,900	Airbnb cash on cash: -0.93% Traditional cash on cash: 4.66% Airbnb Rental Income: $1594 Traditional Rental Income: $2355 Airbnb ROI: -0.93% Traditional ROI: 4.66%
257 Miami Street Park Forest, IL Welcome to this spacious and move-in-ready home in Park Forest! With 5 bedrooms, 2 full ba...	5 beds \| 2 baths \| 1,898 sq.ft.	$199,000	Airbnb cash on cash: 4.9% Traditional cash on cash: 6.81% Airbnb Rental Income: $3009 Traditional Rental Income: $2679 Airbnb ROI: 4.9% Traditional ROI: 6.81%
36 Monee Road Park Forest, IL Priced to sell single family in quiet neighborhood! Great investment for savvy investor or...	3 beds \| 2 baths \| 1,490 sq.ft.	$159,900	Airbnb cash on cash: 3.83% Traditional cash on cash: 8.46% Airbnb Rental Income: $2177 Traditional Rental Income: $2333 Airbnb ROI: 3.83% Traditional ROI: 8.46%
216 Washington St Park Forest, IL Very nice two story cape cod in Park Forest. Located on a quiet street, this renovated 4-b...	4 beds \| 2 baths \| 1,349 sq.ft.	$139,999	Airbnb cash on cash: 1.73% Traditional cash on cash: 10.44% Airbnb Rental Income: $1594 Traditional Rental Income: $2309 Airbnb ROI: 1.73% Traditional ROI: 10.44%
331 Somonauk St Park Forest, IL Investor's Dream - Price Just Reduced! Motivated Seller!! This spacious 4-bedroom, 2-bath ...	4 beds \| 2 baths \| 1,900 sq.ft.	$167,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 8.73% Airbnb Rental Income: $1594 Traditional Rental Income: $2525 Airbnb ROI: 0.03% Traditional ROI: 8.73%
332 Gentry Street Park Forest, IL Welcome to 332 Gentry St, a charming split-level home ideally situated on a beautiful corn...	3 beds \| 2 baths \| 1,188 sq.ft.	$185,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 5.49% Airbnb Rental Income: $2177 Traditional Rental Income: $2172 Airbnb ROI: 2.38% Traditional ROI: 5.49%
109 Walnut Street Park Forest, IL Welcome to 109 Walnut. This well maintained 4-bedroom, 2- bathroom home is awaiting it's n...	4 beds \| 2 baths \| 1,290 sq.ft.	$204,900	Airbnb cash on cash: 0.99% Traditional cash on cash: 6.5% Airbnb Rental Income: $1594 Traditional Rental Income: $2209 Airbnb ROI: 0.99% Traditional ROI: 6.5%
131 Sauk Trail Park Forest, IL This is a beautifully recently renovated (2022) with 3 spacious bedrooms, one full bath. G...	3 beds \| 1 baths \| 1,148 sq.ft.	$144,000	Airbnb cash on cash: 5.71% Traditional cash on cash: 6.75% Airbnb Rental Income: $2177 Traditional Rental Income: $1768 Airbnb ROI: 5.71% Traditional ROI: 6.75%
223 S Orchard Drive Park Forest, IL Welcome to this cozy, move-in-ready 2-bedroom, 1-bath ranch on a quiet street-perfect for ...	2 beds \| 1 baths \| 949 sq.ft.	$109,600	Airbnb cash on cash: 0.74% Traditional cash on cash: 6.52% Airbnb Rental Income: $1445 Traditional Rental Income: $1628 Airbnb ROI: 0.74% Traditional ROI: 6.52%
101 Shabbona Drive Park Forest, IL Step into this charming 3-bedroom, 1-bathroom home set on a spacious lot with a large yard...	3 beds \| 1 baths \| 1,092 sq.ft.	$137,000	Airbnb cash on cash: 5.88% Traditional cash on cash: 6.87% Airbnb Rental Income: $2177 Traditional Rental Income: $1755 Airbnb ROI: 5.88% Traditional ROI: 6.87%
129 Warwick Street Park Forest, IL Welcome to this charming 3 bedroom, 2.5 bathroom home on a quiet tree-lined street. This r...	3 beds \| 3 baths \| 1,265 sq.ft.	$186,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 6.47% Airbnb Rental Income: $2177 Traditional Rental Income: $2426 Airbnb ROI: 1.94% Traditional ROI: 6.47%
329 Somonauk Street Park Forest, IL PRICE IMPROVEMENT!!!!! THIS BEAUTY HAS ALREADY HAD LOTS OF IMPROVEMENTS - AND NOT JUST THE...	3 beds \| 1 baths \| 1,092 sq.ft.	$160,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 4.36% Airbnb Rental Income: $2177 Traditional Rental Income: $1795 Airbnb ROI: 3.24% Traditional ROI: 4.36%
178 Nauvoo Street Park Forest, IL THIS 4 BEDROOM 2 BATH HOME FEATURES: UPDATED KITCHEN WITH WHITE CABINETS, GRANITE COUNTERS...	4 beds \| 2 baths \| 2,132 sq.ft.	$242,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 7.78% Airbnb Rental Income: $1594 Traditional Rental Income: $2780 Airbnb ROI: 0.6% Traditional ROI: 7.78%
22 Apple Lane Park Forest, IL Come see this charming one-story home that blends comfort and modern updates! Featuring 2 ...	2 beds \| 1 baths \| 949 sq.ft.	$120,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 6.14% Airbnb Rental Income: $1445 Traditional Rental Income: $1600 Airbnb ROI: 1.09% Traditional ROI: 6.14%
433 Lakewood Boulevard Park Forest, IL This is a newly rehabbed ranch house on the well appointed Lakewood Blvd. The house is lit...	3 beds \| 2 baths \| 1,248 sq.ft.	$155,000	Airbnb cash on cash: 3.61% Traditional cash on cash: 7.1% Airbnb Rental Income: $2177 Traditional Rental Income: $2143 Airbnb ROI: 3.61% Traditional ROI: 7.1%
18 E Rocket Circle Park Forest, IL Welcome home to this beautifully updated, move-in ready 3 bedroom/1 and a half bath ranch ...	3 beds \| 2 baths \| 1,170 sq.ft.	$155,000	Airbnb cash on cash: 5.35% Traditional cash on cash: 8.14% Airbnb Rental Income: $2177 Traditional Rental Income: $2038 Airbnb ROI: 5.35% Traditional ROI: 8.14%
308 Shabbona Drive Park Forest, IL Discover comfort and convenience in this beautifully kept 3-bedroom, 1-bath ranch set on a...	3 beds \| 1 baths \| 953 sq.ft.	$120,000	Airbnb cash on cash: 5.9% Traditional cash on cash: 6.21% Airbnb Rental Income: $2177 Traditional Rental Income: $1662 Airbnb ROI: 5.9% Traditional ROI: 6.21%
417 New Salem Street Park Forest, IL Welcome to 417 New Salem Street! A move-in ready split-level home nestled in the heart of ...	3 beds \| 2 baths \| 1,188 sq.ft.	$179,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 5.68% Airbnb Rental Income: $2177 Traditional Rental Income: $2043 Airbnb ROI: 3.22% Traditional ROI: 5.68%
55 Apple Lane Park Forest, IL Welcome to this charming ranch-style home offering the perfect blend of comfort and functi...	3 beds \| 1 baths \| 1,374 sq.ft.	$146,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 5.04% Airbnb Rental Income: $2177 Traditional Rental Income: $1821 Airbnb ROI: 3.64% Traditional ROI: 5.04%
338 Waldmann Drive Park Forest, IL Welcome to this charming 3-bedroom, 1-bath home offering comfort, convenience, and plenty ...	3 beds \| 1 baths \| 1,092 sq.ft.	$136,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 5.16% Airbnb Rental Income: $2177 Traditional Rental Income: $1713 Airbnb ROI: 4.49% Traditional ROI: 5.16%
240 Miami Street Park Forest, IL Welcome to 240 Miami St., Park Forest, IL! This charming 2-bedroom, 1-bathroom home perfec...	2 beds \| 1 baths \| 949 sq.ft.	$117,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 6.1% Airbnb Rental Income: $1445 Traditional Rental Income: $1643 Airbnb ROI: 0.54% Traditional ROI: 6.1%
305 Miami Street Park Forest, IL Beautiful ranch home that has been totally rehabbed! This home features large living room ...	3 beds \| 1 baths \| 1,149 sq.ft.	$160,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 4.73% Airbnb Rental Income: $2177 Traditional Rental Income: $1784 Airbnb ROI: 3.69% Traditional ROI: 4.73%
343 Osage Street Park Forest, IL Welcome to this well-maintained 3-bedroom, 1-bathroom home, freshly updated and ready for ...	3 beds \| 1 baths \| 1,490 sq.ft.	$185,000	Airbnb cash on cash: 4.06% Traditional cash on cash: 5.23% Airbnb Rental Income: $2177 Traditional Rental Income: $1832 Airbnb ROI: 4.06% Traditional ROI: 5.23%
338 Indianwood Drive Park Forest, IL Charming Move-In Ready Ranch Home in a Family-Friendly Neighborhood Are you searching ...	4 beds \| 2 baths \| 1,260 sq.ft.	$198,500	Airbnb cash on cash: -0.14% Traditional cash on cash: 5.84% Airbnb Rental Income: $1594 Traditional Rental Income: $2266 Airbnb ROI: -0.14% Traditional ROI: 5.84%
442 Homan Avenue Park Forest, IL Impressive 2 story colonial featuring 5 beds and 2.5 baths on a peaceful Cul de sac in Par...	5 beds \| 3 baths \| 2,443 sq.ft.	$240,000	Airbnb cash on cash: 4.02% Traditional cash on cash: 7.72% Airbnb Rental Income: $3009 Traditional Rental Income: $3158 Airbnb ROI: 4.02% Traditional ROI: 7.72%

Real Estate investment in Park-forest, IL

There are 57 properties for sale in the city of Park Forest . The median list price in Park Forest is $159,950 and the average price per square foot is $120. In March 2026, the average monthly cash on cash return in Park Forest is 6.00%. The average monthly rental income in Park Forest is $2,003.

Park-forest, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 57 investment properties available for sale in Park-forest.

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

The ROI for Long-Term is higher than the Short-Term in Park-forest with average rental income of $2,003.

Your search for investment property begins and ends here

Investment Property for Sale in Park Forest, IL

417 Lakewood Boulevard

Park Forest, IL

3 beds | 1 baths | 1,248 sq.ft.

$149,000

Airbnb cash on cash: 4%

Traditional cash on cash: 5.41%

Airbnb Rental Income: $2177

Traditional Rental Income: $1826

Airbnb ROI: 4%

Traditional ROI: 5.41%

142 Marquette Street

Park Forest, IL

3 beds | 1 baths | 1,000 sq.ft.

$124,000

Airbnb cash on cash: 4.99%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $2177

Traditional Rental Income: $1690

Airbnb ROI: 4.99%

Traditional ROI: 5.54%

240 Mantua Street

Park Forest, IL

3 beds | 1 baths | 1,241 sq.ft.

$154,900

Airbnb cash on cash: 3.38%

Traditional cash on cash: 5.93%

Airbnb Rental Income: $2177

Traditional Rental Income: $2003

Airbnb ROI: 3.38%

Traditional ROI: 5.93%

261 Minocqua Street

Park Forest, IL

3 beds | 1 baths | 1,372 sq.ft.

$148,000

Airbnb cash on cash: 7.6%

Traditional cash on cash: 8.91%

Airbnb Rental Income: $2177

Traditional Rental Income: $1811

Airbnb ROI: 7.6%

Traditional ROI: 8.91%

374 Sauk Trail

Park Forest, IL

3 beds | 2 baths | 1,170 sq.ft.

$125,000

Airbnb cash on cash: 4.99%

Traditional cash on cash: 8.76%

Airbnb Rental Income: $2177

Traditional Rental Income: $2079

Airbnb ROI: 4.99%

Traditional ROI: 8.76%

236 Tampa Street

Park Forest, IL

3 beds | 1 baths | 1,340 sq.ft.

$143,000

Airbnb cash on cash: 6.28%

Traditional cash on cash: 7.46%

Airbnb Rental Income: $2177

Traditional Rental Income: $1788

Airbnb ROI: 6.28%

Traditional ROI: 7.46%

236 Allegheny Street

Park Forest, IL

4 beds | 1 baths | 1,214 sq.ft.

$150,000

Airbnb cash on cash: 2.52%

Traditional cash on cash: 6.52%

Airbnb Rental Income: $1594

Traditional Rental Income: $1713

Airbnb ROI: 2.52%

Traditional ROI: 6.52%

433 TALALA ST

Park Forest, IL

3 beds | 1 baths | 200 sq.ft.

$136,000

Airbnb cash on cash: 7.69%

Traditional cash on cash: 7.18%

Airbnb Rental Income: $2177

Traditional Rental Income: $1559

Airbnb ROI: 7.69%