Real Estate Investment Properties for Sale in Waterman, IL

Looking for investment property in Waterman, IL with high ROI ?

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
245 N Elm Street WATERMAN, IL Step into timeless elegance with this beautifully maintained Victorian home that blends cl...	4 beds \| 2 baths \| 2,800 sq.ft.	$349,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $2978 Airbnb ROI: N/A Traditional ROI: 5.83%
702 E Garfield Street WATERMAN, IL YOU'VE BEEN WAITING FOR THIS.... The Highly Sought After Elder Model Is Now On The Market!...	5 beds \| 3 baths \| 2,203 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $3085 Airbnb ROI: N/A Traditional ROI: 7.41%
206 Buchanan Drive WATERMAN, IL MOVE IN THIS SUMMER!! Homesite #0271. Meet the Aspen-a modern, thoughtfully designed t...	4 beds \| 4 baths \| 1,825 sq.ft.	$359,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $3135 Airbnb ROI: N/A Traditional ROI: 5.76%
208 Buchanan Drive WATERMAN, IL MOVE IN THIS SUMMER!! Homesite #0270. Experience the ideal fusion of contemporary st...	4 beds \| 3 baths \| 2,170 sq.ft.	$384,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $3030 Airbnb ROI: N/A Traditional ROI: 4.89%
211 Buchanan Drive WATERMAN, IL MOVE IN THIS SUMMER!! Homesite #0006. Welcome to the Coleman, a thoughtfully designed...	3 beds \| 3 baths \| 1,507 sq.ft.	$335,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.05% Airbnb Rental Income: $null Traditional Rental Income: $2397 Airbnb ROI: N/A Traditional ROI: 4.05%
209 Buchanan Drive WATERMAN, IL MOVE IN THIS SUMMER!! Homesite #0005. Step into the Brighton, a thoughtfully designed...	3 beds \| 2 baths \| 1,455 sq.ft.	$348,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.79% Airbnb Rental Income: $null Traditional Rental Income: $2397 Airbnb ROI: N/A Traditional ROI: 3.79%
207 Buchanan Drive WATERMAN, IL MOVE IN THIS SUMMER!! Homesite #0004. Discover the Broadmoor-a thoughtfully designed t...	4 beds \| 3 baths \| 1,990 sq.ft.	$358,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $2160 Airbnb ROI: N/A Traditional ROI: 2.89%
11410 Waterman Road WATERMAN, IL Wow! A 5-acre farm under $400,000! This property offers endless possibilities, featuring a...	4 beds \| 1 baths \| 1,700 sq.ft.	$399,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.38% Airbnb Rental Income: $null Traditional Rental Income: $1933 Airbnb ROI: N/A Traditional ROI: 2.38%

Real Estate investment in Waterman, IL

There are 8 properties for sale in the city of Waterman . The median list price in Waterman is $358,990 and the average price per square foot is $187. In December 2025, the average monthly cash on cash return in Waterman is 5.00%. The average monthly rental income in Waterman is $2,397.

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

There are 8 investment properties available for sale in Waterman.

The ROI for Short-Term is higher than the Long-Term in Waterman with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Waterman, IL

245 N Elm Street

WATERMAN, IL

4 beds | 2 baths | 2,800 sq.ft.

$349,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.83%

Airbnb Rental Income: $null

Traditional Rental Income: $2978

Airbnb ROI: N/A

Traditional ROI: 5.83%

702 E Garfield Street

WATERMAN, IL

5 beds | 3 baths | 2,203 sq.ft.

$359,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.41%

Airbnb Rental Income: $null

Traditional Rental Income: $3085

Airbnb ROI: N/A

Traditional ROI: 7.41%

206 Buchanan Drive

WATERMAN, IL

4 beds | 4 baths | 1,825 sq.ft.

$359,990

Airbnb cash on cash: N/A

Traditional cash on cash: 5.76%

Airbnb Rental Income: $null

Traditional Rental Income: $3135

Airbnb ROI: N/A

Traditional ROI: 5.76%

208 Buchanan Drive

WATERMAN, IL

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

$384,990

Airbnb cash on cash: N/A

Traditional cash on cash: 4.89%

Airbnb Rental Income: $null

Traditional Rental Income: $3030

Airbnb ROI: N/A

Traditional ROI: 4.89%

211 Buchanan Drive

WATERMAN, IL

3 beds | 3 baths | 1,507 sq.ft.

$335,990

Airbnb cash on cash: N/A

Traditional cash on cash: 4.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2397

Airbnb ROI: N/A

Traditional ROI: 4.05%

209 Buchanan Drive

WATERMAN, IL

3 beds | 2 baths | 1,455 sq.ft.

$348,990

Airbnb cash on cash: N/A

Traditional cash on cash: 3.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2397

Airbnb ROI: N/A

Traditional ROI: 3.79%

207 Buchanan Drive

WATERMAN, IL

4 beds | 3 baths | 1,990 sq.ft.

$358,990

Airbnb cash on cash: N/A

Traditional cash on cash: 2.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2160

Airbnb ROI: N/A

Traditional ROI: 2.89%

11410 Waterman Road

WATERMAN, IL

4 beds | 1 baths | 1,700 sq.ft.

$399,500

Airbnb cash on cash: N/A

Traditional cash on cash: 2.38%

Airbnb Rental Income: $null

Traditional Rental Income: $1933

Airbnb ROI: N/A