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
316 Sangamon Street Park Forest, IL Step inside this spacious 4-bedroom, 2-story brick and frame home that's move-in ready wit...	4 beds \| 2 baths \| 2,197 sq.ft.	$199,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 7.64% Airbnb Rental Income: $1594 Traditional Rental Income: $2723 Airbnb ROI: -0.74% Traditional ROI: 7.64%
106 Blackhawk Drive Park Forest, IL Don't miss this beautifully updated 4-bedroom, 2-bath home with a spacious open layout and...	4 beds \| 2 baths \| 1,664 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.95% Airbnb Rental Income: $1594 Traditional Rental Income: $2372 Airbnb ROI: N/A Traditional ROI: 5.95%
417 Lakewood Boulevard Park Forest, IL Move in ready ranch home with 3 bedrooms, 1 bath and an attached 1 car garage! Newer impro...	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%
318 MARQUETTE Street Park Forest, IL Welcome to this updated 3-bedroom, 1-bath ranch home in Park Forest! Renovated in 2024, th...	3 beds \| 1 baths \| 1,088 sq.ft.	$164,900	Airbnb cash on cash: 8.42% Traditional cash on cash: 9.83% Airbnb Rental Income: $2177 Traditional Rental Income: $1848 Airbnb ROI: 8.42% Traditional ROI: 9.83%
142 Marquette Street Park Forest, IL WOW!!! //GREAT INVESTMENT PROPERTY! // HAS LONG TERM TENANT THAT WOULD LIKE TO STAY // GRE...	3 beds \| 1 baths \| 1,000 sq.ft.	$119,000	Airbnb cash on cash: 5.24% Traditional cash on cash: 5.8% Airbnb Rental Income: $2177 Traditional Rental Income: $1690 Airbnb ROI: 5.24% Traditional ROI: 5.8%
458 Tomahawk Street Park Forest, IL Don't miss your chance to spend the holidays in your new home! This refreshed ranch await...	3 beds \| 1 baths \| 1,092 sq.ft.	$170,000	Airbnb cash on cash: 4.76% Traditional cash on cash: 5.76% Airbnb Rental Income: $2177 Traditional Rental Income: $1787 Airbnb ROI: 4.76% Traditional ROI: 5.76%
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%
207 Mantua Street Park Forest, IL Welcome to this beautifully maintained and thoughtfully updated home, updated in 2020 and ...	2 beds \| 1 baths \| 974 sq.ft.	$138,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 3.68% Airbnb Rental Income: $1445 Traditional Rental Income: $1596 Airbnb ROI: -0.71% Traditional ROI: 3.68%
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.	$135,000	Airbnb cash on cash: 4.57% Traditional cash on cash: 8.07% Airbnb Rental Income: $2177 Traditional Rental Income: $2079 Airbnb ROI: 4.57% Traditional ROI: 8.07%
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%
108 Algonquin Street Park Forest, IL EXCELLENT 3 BED/2 BATH SPLIT-LEVEL HOME WITH FULL FINISHED BASEMENT. UPDATED KITCHEN AND B...	3 beds \| 2 baths \| 1,020 sq.ft.	$120,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 9.26% Airbnb Rental Income: $2177 Traditional Rental Income: $2124 Airbnb ROI: 4.96% Traditional ROI: 9.26%
119 Well St Park Forest, IL See RealtyBid for auction, property, and showing details.	3 beds \| 1 baths \| 1,092 sq.ft.	$122,815	Airbnb cash on cash: 5.87% Traditional cash on cash: 6.72% Airbnb Rental Income: $2177 Traditional Rental Income: $1726 Airbnb ROI: 5.87% Traditional ROI: 6.72%
244 Thomas Street Park Forest, IL Step into this thoughtfully remodeled 4-bedroom, 1.5-bath home where every detail has been...	3 beds \| 2 baths \| 1,378 sq.ft.	$234,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 5.79% Airbnb Rental Income: $2177 Traditional Rental Income: $2269 Airbnb ROI: 2.9% Traditional ROI: 5.79%
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.	$169,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.53% Airbnb Rental Income: $1445 Traditional Rental Income: $1791 Airbnb ROI: -0.26% Traditional ROI: 4.53%
409 Wilshire Street Park Forest, IL Welcome to 409 Wilshire Street, a beautifully remodeled single story home in Park Forest t...	3 beds \| 2 baths \| 1,170 sq.ft.	$159,800	Airbnb cash on cash: 5.16% Traditional cash on cash: 7.4% Airbnb Rental Income: $2177 Traditional Rental Income: $1967 Airbnb ROI: 5.16% Traditional ROI: 7.4%
320 Oakwood Street Park Forest, IL Rehabbed and ready to be called home! This spacious 5BD/2.5BA has been tastefully updated ...	5 beds \| 3 baths \| 1,932 sq.ft.	$187,000	Airbnb cash on cash: 5.09% Traditional cash on cash: 9.26% Airbnb Rental Income: $3009 Traditional Rental Income: $3060 Airbnb ROI: 5.09% Traditional ROI: 9.26%
340 Indianwood Boulevard Park Forest, IL Welcome to curb-appeal for days and totally turnkey inside, where all you have to do is mo...	3 beds \| 1 baths \| 1,000 sq.ft.	$174,900	Airbnb cash on cash: 3.3% Traditional cash on cash: 5.64% Airbnb Rental Income: $2177 Traditional Rental Income: $2015 Airbnb ROI: 3.3% Traditional ROI: 5.64%
226 S Orchard Drive Park Forest, IL Property eligible for our lender's 'Rent-to-own' program - ask your real estate broker to ...	4 beds \| 2 baths \| 1,470 sq.ft.	$214,900	Airbnb cash on cash: -0.67% Traditional cash on cash: 5.3% Airbnb Rental Income: $1594 Traditional Rental Income: $2355 Airbnb ROI: -0.67% Traditional ROI: 5.3%
155 Shabbona Drive Park Forest, IL Great value on this updated & expanded ranch home in Monee school district 201U! Total of ...	4 beds \| 2 baths \| 1,840 sq.ft.	$160,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 9.68% Airbnb Rental Income: $1594 Traditional Rental Income: $2351 Airbnb ROI: 1.75% Traditional ROI: 9.68%
206 Monee Road Park Forest, IL Must See! Move in ready 3 bed rooms 1 bath charming ranch home. Fresh paint & new flooring...	3 beds \| 1 baths \| 1,496 sq.ft.	$156,000	Airbnb cash on cash: 4.83% Traditional cash on cash: 5.39% Airbnb Rental Income: $2177 Traditional Rental Income: $1709 Airbnb ROI: 4.83% Traditional ROI: 5.39%
257 Miami Street Park Forest, IL Welcome home to this spacious & move-in-ready gem in Park Forest! Spacious 5 bedrooms / 2 ...	5 beds \| 2 baths \| 1,898 sq.ft.	$205,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 6.58% Airbnb Rental Income: $3009 Traditional Rental Income: $2679 Airbnb ROI: 4.73% Traditional ROI: 6.58%
337 Nassau Street Park Forest, IL Tired of feeling cramped? Step into this massive 2-story home offering 4-5 bedrooms and a ...	4 beds \| 3 baths \| 2,461 sq.ft.	$199,500	Airbnb cash on cash: -2.65% Traditional cash on cash: 8.44% Airbnb Rental Income: $1594 Traditional Rental Income: $3239 Airbnb ROI: -2.65% Traditional ROI: 8.44%
136 Willow Street Park Forest, IL Are you searching for a move-in ready home that offers a fantastic floor plan for relaxing...	3 beds \| 2 baths \| 1,756 sq.ft.	$219,873	Airbnb cash on cash: 0.7% Traditional cash on cash: 4.81% Airbnb Rental Income: $2177 Traditional Rental Income: $2480 Airbnb ROI: 0.7% Traditional ROI: 4.81%
403 Wilshire Street Park Forest, IL This beautifully renovated home is completely move-in ready! Every detail has been updated...	3 beds \| 2 baths \| 1,170 sq.ft.	$185,000	Airbnb cash on cash: 3.71% Traditional cash on cash: 6.25% Airbnb Rental Income: $2177 Traditional Rental Income: $2073 Airbnb ROI: 3.71% Traditional ROI: 6.25%
329 Blackhawk Drive Park Forest, IL Charming, Fully Renovated & Military Friendly Ranch in Park Forest - Being Sold As-Is! Wel...	3 beds \| 1 baths \| 1,274 sq.ft.	$149,900	Airbnb cash on cash: 3% Traditional cash on cash: 4.48% Airbnb Rental Income: $2177 Traditional Rental Income: $1838 Airbnb ROI: 3% Traditional ROI: 4.48%
252 Allegheny Street Park Forest, IL Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap ra...	4 beds \| 1 baths \| 1,197 sq.ft.	$180,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 7.57% Airbnb Rental Income: $1594 Traditional Rental Income: $1884 Airbnb ROI: 3.22% Traditional ROI: 7.57%
103 Shabbona Drive Park Forest, IL Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap ra...	3 beds \| 1 baths \| 1,140 sq.ft.	$179,000	Airbnb cash on cash: 4.33% Traditional cash on cash: 5.43% Airbnb Rental Income: $2177 Traditional Rental Income: $1813 Airbnb ROI: 4.33% Traditional ROI: 5.43%
16 Sauk Trail Park Forest, IL Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap ra...	2 beds \| 1 baths \| 949 sq.ft.	$159,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 4.75% Airbnb Rental Income: $1445 Traditional Rental Income: $1579 Airbnb ROI: 1.04% Traditional ROI: 4.75%
208 Miami Street Park Forest, IL Delightfully renovated, open spaces galore, small yet plenty of space for every one. Brick...	3 beds \| 2 baths \| 1,053 sq.ft.	$175,000	Airbnb cash on cash: 4.42% Traditional cash on cash: 6.56% Airbnb Rental Income: $2177 Traditional Rental Income: $1981 Airbnb ROI: 4.42% Traditional ROI: 6.56%
5 Arrowhead Court Park Forest, IL Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap ra...	4 beds \| 2 baths \| 1,441 sq.ft.	$179,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 9.37% Airbnb Rental Income: $1594 Traditional Rental Income: $2282 Airbnb ROI: 2.66% Traditional ROI: 9.37%
7 Monee Court Park Forest, IL Cozy & Quaint 3-bedroom, 1-bathroom brick home is nestled in the heart of Park Forest, IL....	3 beds \| 1 baths \| 1,092 sq.ft.	$195,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 5.18% Airbnb Rental Income: $2177 Traditional Rental Income: $1807 Airbnb ROI: 4.2% Traditional ROI: 5.18%
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%

Real Estate investment in Park-forest, IL

There are 89 properties for sale in the city of Park Forest . The median list price in Park Forest is $162,450 and the average price per square foot is $128. In December 2025, the average monthly cash on cash return in Park Forest is 6.00%. The average monthly rental income in Park Forest is $1,991.

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

There are 89 investment properties available for sale in Park-forest.

In 2025, 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 $1,991.

Your search for investment property begins and ends here

Investment Property for Sale in Park Forest, IL

316 Sangamon Street

Park Forest, IL

4 beds | 2 baths | 2,197 sq.ft.

$199,000

Airbnb cash on cash: -0.74%

Traditional cash on cash: 7.64%

Airbnb Rental Income: $1594

Traditional Rental Income: $2723

Airbnb ROI: -0.74%

Traditional ROI: 7.64%

106 Blackhawk Drive

Park Forest, IL

4 beds | 2 baths | 1,664 sq.ft.

$219,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.95%

Airbnb Rental Income: $1594

Traditional Rental Income: $2372

Airbnb ROI: N/A

Traditional ROI: 5.95%

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%

318 MARQUETTE Street

Park Forest, IL

3 beds | 1 baths | 1,088 sq.ft.

$164,900

Airbnb cash on cash: 8.42%

Traditional cash on cash: 9.83%

Airbnb Rental Income: $2177

Traditional Rental Income: $1848

Airbnb ROI: 8.42%

Traditional ROI: 9.83%

142 Marquette Street

Park Forest, IL

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

$119,000

Airbnb cash on cash: 5.24%

Traditional cash on cash: 5.8%

Airbnb Rental Income: $2177

Traditional Rental Income: $1690

Airbnb ROI: 5.24%

Traditional ROI: 5.8%

458 Tomahawk Street

Park Forest, IL

3 beds | 1 baths | 1,092 sq.ft.

$170,000

Airbnb cash on cash: 4.76%

Traditional cash on cash: 5.76%

Airbnb Rental Income: $2177

Traditional Rental Income: $1787

Airbnb ROI: 4.76%

Traditional ROI: 5.76%

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%

207 Mantua Street

Park Forest, IL

2 beds | 1 baths | 974 sq.ft.

$138,000

Airbnb cash on cash: -0.71%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $1445

Traditional Rental Income: $1596

Airbnb ROI: -0.71%