Real Estate Investment Properties for Sale in Spring Grove, IL

Looking for investment property in Spring Grove, IL with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7830 N Pillow Hill Rd Spring Grove, IL	5 beds \| 5 baths \| 9,000 sq.ft.	$1,499,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 1.42% Airbnb Rental Income: $3774 Traditional Rental Income: $5011 Airbnb ROI: -0.06% Traditional ROI: 1.42%
8404 Squirrel Dr Spring Grove, IL The incredibly hard to find ranch home! Lots of special features!! Oversize 3+ car attache...	4 beds \| 4 baths \| 2,475 sq.ft.	$610,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 2.64% Airbnb Rental Income: $4372 Traditional Rental Income: $3029 Airbnb ROI: 3.39% Traditional ROI: 2.64%
1316 Nippersink Dr Spring Grove, IL Raised waterfront home with 3 pins on a channel to the Chain. This updated over time prope...	3 beds \| 2 baths \| 1,602 sq.ft.	$280,000	Airbnb cash on cash: 4.87% Traditional cash on cash: 7.34% Airbnb Rental Income: $2620 Traditional Rental Income: $2646 Airbnb ROI: 4.87% Traditional ROI: 7.34%
115 Muriel Rd Spring Grove, IL You won't want to miss this charming ranch home with an open floor plan, two nice sized be...	2 beds \| 1 baths \| 940 sq.ft.	$250,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 3.23% Airbnb Rental Income: $1657 Traditional Rental Income: $1365 Airbnb ROI: 2.5% Traditional ROI: 3.23%
37648 N Lake Vista Ter Spring Grove, IL This stunning partial brick ranch, located near the serene Nippersink Lake, has been fully...	2 beds \| 1 baths \| 874 sq.ft.	$209,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 2.76% Airbnb Rental Income: $1657 Traditional Rental Income: $1157 Airbnb ROI: 2.94% Traditional ROI: 2.76%
8303 Appaloosa Ln Spring Grove, IL This one is the king of the hill. A charming courtyard brings you into this lovely brick a...	6 beds \| 4 baths \| 5,844 sq.ft.	$649,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 4.55% Airbnb Rental Income: $3774 Traditional Rental Income: $4444 Airbnb ROI: 2.09% Traditional ROI: 4.55%
10605 Red Hawk Ln Spring Grove, IL Discover a beautifully build KLM builders ranch nestled on over an acre lot. This former M...	3 beds \| 3 baths \| 4,954 sq.ft.	$710,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 3.34% Airbnb Rental Income: $2620 Traditional Rental Income: $4006 Airbnb ROI: 0.31% Traditional ROI: 3.34%
2214 Main Street Rd Spring Grove, IL Back on Market! Due to no fault of the sellers. Here's your 2nd chance to own this Truly P...	3 beds \| 2 baths \| 3,620 sq.ft.	$1,000,000	Airbnb cash on cash: -1.9% Traditional cash on cash: -0.94% Airbnb Rental Income: $2620 Traditional Rental Income: $2892 Airbnb ROI: -1.9% Traditional ROI: -0.94%
2909 Briar Dr Spring Grove, IL Build your dream Ranch home on 1.6 acres! Imagine designing a custom ranch home perfectly ...	4 beds \| 3 baths \| 2,720 sq.ft.	$720,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 3.3% Airbnb Rental Income: $4372 Traditional Rental Income: $3024 Airbnb ROI: 3.94% Traditional ROI: 3.3%
9033 Winn Rd Spring Grove, IL Nestled on 5 serene acres in Spring Grove, this rare Terra-Dome home offers a unique oppor...	4 beds \| 3 baths \| 4,536 sq.ft.	$430,000	Airbnb cash on cash: 5.28% Traditional cash on cash: 4.85% Airbnb Rental Income: $4372 Traditional Rental Income: $3281 Airbnb ROI: 5.28% Traditional ROI: 4.85%
38178 N 1st Ave Spring Grove, IL Att flippers and investors, fixer upper, cash offers only! Needs a new well. Estate sale. ...	2 beds \| 1 baths \| 950 sq.ft.	$269,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 4.72% Airbnb Rental Income: $1657 Traditional Rental Income: $1723 Airbnb ROI: 2.63% Traditional ROI: 4.72%
7213 Briar Dr Spring Grove, IL Imagine building your dream home on a spacious, over-an-acre lot for just $15,000 for the ...	4 beds \| 3 baths \| 3,020 sq.ft.	$690,000	Airbnb cash on cash: 4.15% Traditional cash on cash: 3.84% Airbnb Rental Income: $4372 Traditional Rental Income: $3254 Airbnb ROI: 4.15% Traditional ROI: 3.84%
4220 Northgate Dr Spring Grove, IL Once upon a time Lord and Lady Dittmer had a dream, to build a Castle of Love, and they di...	4 beds \| 4 baths \| 3,712 sq.ft.	$899,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 3.15% Airbnb Rental Income: $4372 Traditional Rental Income: $5120 Airbnb ROI: 1.16% Traditional ROI: 3.15%
6415 N Shore Ave Spring Grove, IL Welcome home to this turnkey 2-bedroom property, freshly updated with new paint, new floor...	2 beds \| 1 baths \| 613 sq.ft.	$179,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 2.61% Airbnb Rental Income: $1657 Traditional Rental Income: $979 Airbnb ROI: 3.86% Traditional ROI: 2.61%
8300 Appaloosa Ln Spring Grove, IL 8300 Appaloosa Ln, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$130,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 3.89% Airbnb Rental Income: $978 Traditional Rental Income: $980 Airbnb ROI: 1.06% Traditional ROI: 3.89%
2617 Spring Leaf Dr Spring Grove, IL	N/A beds \| N/A baths \| 0 sq.ft.	$134,853	Airbnb cash on cash: 0.91% Traditional cash on cash: 2.16% Airbnb Rental Income: $978 Traditional Rental Income: $788 Airbnb ROI: 0.91% Traditional ROI: 2.16%
7416 Briar Ct Spring Grove, IL 7416 Briar Ct, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$50,000	Airbnb cash on cash: 7.33% Traditional cash on cash: 8.88% Airbnb Rental Income: $978 Traditional Rental Income: $705 Airbnb ROI: 7.33% Traditional ROI: 8.88%
4223 Northgate Dr Spring Grove, IL 4223 Northgate Dr, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$54,900	Airbnb cash on cash: 6.47% Traditional cash on cash: 7.89% Airbnb Rental Income: $978 Traditional Rental Income: $705 Airbnb ROI: 6.47% Traditional ROI: 7.89%
3012 Rolling Oaks Rd Spring Grove, IL 3012 Rolling Oaks Rd, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$45,000	Airbnb cash on cash: 8.4% Traditional cash on cash: 10.11% Airbnb Rental Income: $978 Traditional Rental Income: $705 Airbnb ROI: 8.4% Traditional ROI: 10.11%
2910 Rolling Oaks Rd Spring Grove, IL 2910 Rolling Oaks Rd, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$40,000	Airbnb cash on cash: 9.69% Traditional cash on cash: 11.58% Airbnb Rental Income: $978 Traditional Rental Income: $705 Airbnb ROI: 9.69% Traditional ROI: 11.58%
3006 Rolling Oaks Rd Spring Grove, IL 3006 Rolling Oaks Rd, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$40,000	Airbnb cash on cash: 9.69% Traditional cash on cash: 11.58% Airbnb Rental Income: $978 Traditional Rental Income: $705 Airbnb ROI: 9.69% Traditional ROI: 11.58%
1979 Red Oak Ln Spring Grove, IL 1979 Red Oak Ln, Spring Grove, IL 60081 \| Single Family Residential	3 beds \| 2 baths \| 2,100 sq.ft.	$699,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 0.43% Airbnb Rental Income: $2620 Traditional Rental Income: $2491 Airbnb ROI: -0.34% Traditional ROI: 0.43%
Lot 65,66,&64 Main St Spring Grove, IL Lot 65,66,&64 Main St, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$77,500	Airbnb cash on cash: 3.8% Traditional cash on cash: 6.1% Airbnb Rental Income: $978 Traditional Rental Income: $802 Airbnb ROI: 3.8% Traditional ROI: 6.1%
8002 Morgan Cir Spring Grove, IL	N/A beds \| N/A baths \| N/A	$87,500	Airbnb cash on cash: 3.04% Traditional cash on cash: 4.92% Airbnb Rental Income: $978 Traditional Rental Income: $788 Airbnb ROI: 3.04% Traditional ROI: 4.92%
1319 Nippersink Dr Spring Grove, IL Welcome to the quiet side of Chain O'Lakes living. Experience unparalleled privacy and sce...	3 beds \| 2 baths \| 1,058 sq.ft.	$374,995	Airbnb cash on cash: 3.21% Traditional cash on cash: 4.1% Airbnb Rental Income: $2620 Traditional Rental Income: $2309 Airbnb ROI: 3.21% Traditional ROI: 4.1%
11601 Emily Ct Spring Grove, IL	N/A beds \| N/A baths \| N/A	$50,000	Airbnb cash on cash: 7.33% Traditional cash on cash: 10.79% Airbnb Rental Income: $978 Traditional Rental Income: $802 Airbnb ROI: 7.33% Traditional ROI: 10.79%
7207 Viscaya Dr Spring Grove, IL Welcome to this expansive 4,328-square-foot estate on Viscaya Drive, perfectly positioned ...	4 beds \| 3 baths \| 4,328 sq.ft.	$779,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 2.44% Airbnb Rental Income: $4372 Traditional Rental Income: $4480 Airbnb ROI: 1.02% Traditional ROI: 2.44%
6911 Prairie Dr Spring Grove, IL A Private Estate Setting with Refined Living & Exceptional Craftsmanship~Scott Miller Buil...	4 beds \| 3 baths \| 3,532 sq.ft.	$600,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 3.14% Airbnb Rental Income: $4372 Traditional Rental Income: $3502 Airbnb ROI: 3.06% Traditional ROI: 3.14%
2601 Sanctuary Ln Spring Grove, IL 2601 Sanctuary Ln, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$50,000	Airbnb cash on cash: 7.33% Traditional cash on cash: 10.8% Airbnb Rental Income: $978 Traditional Rental Income: $803 Airbnb ROI: 7.33% Traditional ROI: 10.8%
8219 Squirrel Dr Spring Grove, IL 8219 Squirrel Dr, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$169,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 1.17% Airbnb Rental Income: $978 Traditional Rental Income: $803 Airbnb ROI: 0.07% Traditional ROI: 1.17%
2600 Sanctuary Ln Spring Grove, IL 2600 Sanctuary Ln, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$50,000	Airbnb cash on cash: 7.33% Traditional cash on cash: 10.8% Airbnb Rental Income: $978 Traditional Rental Income: $803 Airbnb ROI: 7.33% Traditional ROI: 10.8%
38581 N Hillandale Dr Spring Grove, IL 38581 N Hillandale Dr, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$46,000	Airbnb cash on cash: 8.17% Traditional cash on cash: 11.88% Airbnb Rental Income: $978 Traditional Rental Income: $801 Airbnb ROI: 8.17% Traditional ROI: 11.88%
37486 N Terrace Ln Spring Grove, IL Welcome to your charming waterfront retreat on Nippersink Creek! This delightful 3-bedroom...	3 beds \| 1 baths \| 1,272 sq.ft.	$440,000	Airbnb cash on cash: 3.23% Traditional cash on cash: 4.76% Airbnb Rental Income: $2620 Traditional Rental Income: $2625 Airbnb ROI: 3.23% Traditional ROI: 4.76%
7010 Wildflower Ct Spring Grove, IL 7010 Wildflower Ct, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$49,900	Airbnb cash on cash: 7.37% Traditional cash on cash: 10.89% Airbnb Rental Income: $978 Traditional Rental Income: $805 Airbnb ROI: 7.37% Traditional ROI: 10.89%
7509 Villa Vista Ct Spring Grove, IL Welcome home! This beautifully maintained property has so much to offer the next lucky fam...	4 beds \| 1 baths \| 3,048 sq.ft.	$355,000	Airbnb cash on cash: 7.26% Traditional cash on cash: 5.7% Airbnb Rental Income: $4372 Traditional Rental Income: $2936 Airbnb ROI: 7.26% Traditional ROI: 5.7%
8814 Galleria Ct Spring Grove, IL 8814 Galleria Ct, Spring Grove, IL 60081 \| Single Family Residential	4 beds \| 2 baths \| 2,633 sq.ft.	$499,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 1.73% Airbnb Rental Income: $4372 Traditional Rental Income: $2419 Airbnb ROI: 3.95% Traditional ROI: 1.73%
9909 Winn Rd Spring Grove, IL 9909 Winn Rd, Spring Grove, IL 60081 \| Single Family Residential	4 beds \| 2 baths \| 2,850 sq.ft.	$685,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 0.42% Airbnb Rental Income: $4372 Traditional Rental Income: $2439 Airbnb ROI: 2.01% Traditional ROI: 0.42%
28616 W Benjamin Ave Spring Grove, IL Opportunity awaits as we have just reduced 28616 W Benjamin Ave in Spring Grove as the sel...	3 beds \| 1 baths \| 1,220 sq.ft.	$179,000	Airbnb cash on cash: 8.24% Traditional cash on cash: 8.41% Airbnb Rental Income: $2620 Traditional Rental Income: $2024 Airbnb ROI: 8.24% Traditional ROI: 8.41%
8103 Carriage Ln Spring Grove, IL 8103 Carriage Ln, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$89,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 5% Airbnb Rental Income: $978 Traditional Rental Income: $805 Airbnb ROI: 2.95% Traditional ROI: 5%
8411 Sundial Ln Spring Grove, IL 8411 Sundial Ln, Spring Grove, IL 60081 \| Other	N/A beds \| N/A baths \| N/A	$49,000	Airbnb cash on cash: 7.53% Traditional cash on cash: 11.11% Airbnb Rental Income: $978 Traditional Rental Income: $805 Airbnb ROI: 7.53% Traditional ROI: 11.11%

Real Estate investment in Spring-grove, IL

There are 73 properties for sale in the city of Spring Grove . The median list price in Spring Grove is $544,674 and the average price per square foot is $220. In August 2026, the average monthly cash on cash return in Spring Grove is 4.00%. The average monthly rental income in Spring Grove is $2,330.

Spring-grove, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 73 investment properties available for sale in Spring-grove.

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

The ROI for Long-Term is higher than the Short-Term in Spring-grove with average rental income of $2,330.

Your search for investment property begins and ends here

Investment Property for Sale in Spring Grove, IL

7830 N Pillow Hill Rd

Spring Grove, IL

5 beds | 5 baths | 9,000 sq.ft.

$1,499,900

Airbnb cash on cash: -0.06%

Traditional cash on cash: 1.42%

Airbnb Rental Income: $3774

Traditional Rental Income: $5011

Airbnb ROI: -0.06%

Traditional ROI: 1.42%

8404 Squirrel Dr

Spring Grove, IL

4 beds | 4 baths | 2,475 sq.ft.

$610,000

Airbnb cash on cash: 3.39%

Traditional cash on cash: 2.64%

Airbnb Rental Income: $4372

Traditional Rental Income: $3029

Airbnb ROI: 3.39%

Traditional ROI: 2.64%

1316 Nippersink Dr

Spring Grove, IL

3 beds | 2 baths | 1,602 sq.ft.

$280,000

Airbnb cash on cash: 4.87%

Traditional cash on cash: 7.34%

Airbnb Rental Income: $2620

Traditional Rental Income: $2646

Airbnb ROI: 4.87%

Traditional ROI: 7.34%

115 Muriel Rd

Spring Grove, IL

2 beds | 1 baths | 940 sq.ft.

$250,000

Airbnb cash on cash: 2.5%

Traditional cash on cash: 3.23%

Airbnb Rental Income: $1657

Traditional Rental Income: $1365

Airbnb ROI: 2.5%

Traditional ROI: 3.23%

37648 N Lake Vista Ter

Spring Grove, IL

2 beds | 1 baths | 874 sq.ft.

$209,000

Airbnb cash on cash: 2.94%

Traditional cash on cash: 2.76%

Airbnb Rental Income: $1657

Traditional Rental Income: $1157

Airbnb ROI: 2.94%

Traditional ROI: 2.76%

8303 Appaloosa Ln

Spring Grove, IL

6 beds | 4 baths | 5,844 sq.ft.

$649,900

Airbnb cash on cash: 2.09%

Traditional cash on cash: 4.55%

Airbnb Rental Income: $3774

Traditional Rental Income: $4444

Airbnb ROI: 2.09%

Traditional ROI: 4.55%

10605 Red Hawk Ln

Spring Grove, IL

3 beds | 3 baths | 4,954 sq.ft.

$710,000

Airbnb cash on cash: 0.31%

Traditional cash on cash: 3.34%

Airbnb Rental Income: $2620

Traditional Rental Income: $4006

Airbnb ROI: 0.31%

Traditional ROI: 3.34%

2214 Main Street Rd

Spring Grove, IL

3 beds | 2 baths | 3,620 sq.ft.

$1,000,000

Airbnb cash on cash: -1.9%

Traditional cash on cash: -0.94%

Airbnb Rental Income: $2620

Traditional Rental Income: $2892

Airbnb ROI: -1.9%