Commercial Real Estate in Illinois available for sale
Airbnb Properties For Sale

Airbnb Properties for Sale in Illinois, USA

More details for 1326 W Ohio St, Chicago, IL - Multifamily for Sale

1326 W Ohio St

Chicago, IL 60642

  • Airbnb Property
  • Multifamily for Sale
  • $1,719,250 CAD
  • 2,700 SF
See More
More details for Randolph Hotel Lakefront Portfolio – for Sale, Fox Lake, IL

Randolph Hotel Lakefront Portfolio

  • Airbnb Property
  • Mixed Types for Sale
  • $2,063,100 CAD
  • 2 Properties | Mixed Types

Fox Lake Portfolio of properties for Sale - Central Northwest

Prime Waterfront Investment Portfolio | Iconic Randolph Hotel + 5-Unit Lakefront Rental Property Property Overview Rare opportunity to acquire two adjacent waterfront investment properties in the heart of Fox Lake, directly on Nippersink Lake and the Chain O’ Lakes. Offered together or separately, 115 and 117 Nippersink Rd present a unique combination of hospitality, multifamily, short-term rental, restaurant/bar tenancy, and lakefront redevelopment upside. Located just steps from Fox Lake’s newly developed lakefront park, beach, amphitheater, splash pad, boardwalk, fishing access, and community event space, these properties are positioned in one of the most walkable and highly visible lakefront locations in the market. 115 Nippersink Rd, Fox Lake, IL For Sale: $950,000 Approx. 4,916 SF Property Description 115 Nippersink Rd, known as the historic Randolph Hotel, is one of Fox Lake’s most recognizable and storied lakefront landmarks. This recently updated mixed-use waterfront property includes a fully furnished and operating 13-room hotel/hostel with shared bathrooms, a 2-bedroom, 1-bath apartment with full kitchen and private bathroom, and a first-floor commercial space leased to Black Lung Brewing. The property features approximately 53 feet of prime Nippersink Lake frontage, outstanding lake views, and direct proximity to boating, fishing, dining, entertainment, and the Chain O’ Lakes lifestyle. The first-floor brewery/bar space provides an established commercial tenant, while the hotel/hostel rooms and apartment create multiple income streams within one iconic asset. With its waterfront setting, operating hospitality component, commercial tenancy, and landmark character, 115 Nippersink Rd offers investors a rare opportunity to own a highly visible lakefront property in the center of Fox Lake’s continued waterfront revitalization. Investment Highlights Iconic Randolph Hotel waterfront landmark Approx. 4,916 SF mixed-use investment property Fully furnished and operating 13-room hotel/hostel Shared bathroom hotel/hostel layout First-floor commercial space leased to Black Lung Brewing Additional 2-bedroom, 1-bath apartment with full kitchen Approx. 53 feet of Nippersink Lake frontage Excellent lake views and Chain O’ Lakes exposure Steps from Fox Lake’s new lakefront park, amphitheater, beach, splash pad, and boardwalk Multiple income streams: hospitality, residential, and commercial lease income Can be purchased separately or together with adjacent 117 Nippersink Rd 117 Nippersink Rd, Fox Lake, IL For Sale: $550,000 Approx. 3,608 SF Property Description 117 Nippersink Rd is a fully furnished 5-unit lakefront rental property located directly on the serene shores of Nippersink Lake, part of the Chain O’ Lakes in northern Illinois.? The property has been operating as short-term rentals and is currently in the process of transitioning to long-term rentals, offering investors flexibility between hospitality-style income, stabilized residential income, or a hybrid rental strategy. The unit mix includes three spacious 2-bedroom units and two charming 1-bedroom units, each with a private entrance, open-concept layout, updated kitchen, and modern bath finishes. Outdoor seating areas provide guests and residents with lakefront atmosphere, water views, and easy access to boating, fishing, and waterfront recreation. Located minutes from downtown Fox Lake, shopping, dining, and the Metra station, 117 Nippersink Rd offers a strong blend of lakefront lifestyle, rental demand, and convenience. The property is also located just up the road from Fox Lake’s new lakefront park, adding significant nearby amenity value for residents and guests. Investment Highlights Approx. 3,608 SF 5-unit lakefront rental property Located directly on Nippersink Lake / Chain O’ Lakes Fully furnished, plug-and-play investment opportunity Unit mix: three 2-bedroom units and two 1-bedroom units Each unit features private entrance, open layout, updated kitchen, and updated bath Currently transitioning from short-term rentals to long-term rentals Outdoor seating areas with lakefront atmosphere and water views Minutes to downtown Fox Lake, dining, shopping, and Metra Strong rental demand in a highly desirable lakefront setting Can be purchased separately or together with adjacent 115 Nippersink Rd Combined Portfolio Opportunity 115 and 117 Nippersink Rd may be purchased together as a rare adjacent lakefront investment portfolio totaling approximately 8,524 SF across two properties. Together, the offering includes a historic hotel/hostel, leased brewery/bar space, apartment, and 5-unit rental property, all positioned directly along Nippersink Lake in the heart of Fox Lake. This is a unique opportunity for an investor, hospitality operator, lakefront property owner, or value-add buyer to control a meaningful lakefront footprint with multiple existing income streams and future upside. Combined Asking Price 115 Nippersink Rd: $950,000 117 Nippersink Rd: $550,000 Combined Price: $1,500,000 Combined Portfolio Highlights Two adjacent lakefront investment properties Approx. 8,524 SF combined Hotel/hostel, brewery/bar tenant, apartment, and 5 rental units Direct Nippersink Lake / Chain O’ Lakes frontage Rare walkable lakefront location in downtown Fox Lake Steps from new public lakefront park and entertainment amenities Flexible investment strategy: hospitality, multifamily, short-term rental, long-term rental, or mixed-use income Strong visibility, lakefront appeal, and long-term ownership upside Summary Rare opportunity to acquire two adjacent waterfront investment properties on Nippersink Lake in the heart of Fox Lake. 115 Nippersink Rd, the historic Randolph Hotel, is an approx. 4,916 SF mixed-use lakefront property featuring a fully furnished and operating 13-room hotel/hostel, a 2-bedroom apartment, and first-floor commercial space leased to Black Lung Brewing. 117 Nippersink Rd is an approx. 3,608 SF fully furnished 5-unit lakefront rental property with three 2-bedroom units and two 1-bedroom units, currently transitioning from short-term rentals to long-term rentals. The properties may be purchased separately or together for a combined 8,524 SF lakefront investment portfolio steps from Fox Lake’s new lakefront park, beach, amphitheater, splash pad, boardwalk, fishing access, downtown Fox Lake, dining, shopping, and Metra.

Contact:

Remax Commercial

Property Subtype:

Mixed Types

Date on Market:

2026-04-27

Hide
See More
More details for 163 W. Division / 1143 N. Wells – Retail, Flex for Sale, Chicago, IL

163 W. Division / 1143 N. Wells

  • Airbnb Property
  • Multifamily for Sale
  • $4,504,435 CAD
  • 6,145 SF
  • 7 Multifamily Properties

Chicago Portfolio of properties for Sale - Gold Coast/Old Town

Portfolio investment comprised of 5 Super Host Airbnb units and 2 Commercial Condos. 7.6% Cap Rate. ($247,503 Net Income) Perfect for long term investor or 1031 Exchange. Positioned at the intersection of the Gold Coast and Old Town - two of Chicago's most coveted submarkets, this offering at 163 Division Street represents a rare opportunity to acquire a scaled, mixed-use asset in the heart of these neighborhoods. The portfolio consists of five fully furnished residential condominium units and two street-level commercial spaces, collectively comprising significant ownership percentage of the condominium association-providing meaningful influence over governance and long-term asset strategy. With limited remaining development parcels in the immediate vicinity, the property offers both durable in-place income and compelling embedded land value. The commercial component, totaling approximately 1,560 square feet, is a busy Asian wok-dish sit-in and take out restaurant. The residential units-comprising a mix of one- and two-bedroom layouts-are currently operated as high-performing Super Host Airbnb short-term rentals (of month plus tenancy), benefiting from strong occupancy and premium nightly rates driven by the property's premiere location and turnkey positioning. This dual-income stream provides diversification across tenant profiles and revenue sources.

Contact:

Dream Town Realty

Property Subtype:

Multi Family

Date on Market:

2026-04-24

Hide
See More
More details for 1162 School St, Percy, IL - Retail for Sale

1162 School St

Percy, IL 62272

  • Airbnb Property
  • Retail for Sale
  • $378,235 CAD
  • 3,032 SF
  • Air Conditioning
  • Conferencing Facility
  • Restaurant
  • Wheelchair Accessible

Percy Retail for Sale

Formerly the well-known Pioneer’s Cabin, this rare and versatile property sits on 2.04 acres and offers multiple potential uses. Rich in history and rustic character, the building is ideally suited for a hunter’s and fisherman’s retreat, private lodge, or income-producing Airbnb catering to duck, goose, and deer hunters as well as anglers. Located near Pyramid State Park and just 20 minutes from the World Shooting & Recreational Complex, this property is positioned in the heart of Southern Illinois outdoor recreation. The property also presents the opportunity to revive Pioneer’s Cabin as a destination restaurant, bringing back the family-style dining experience it was once known for. Alternatively, the space could be reimagined as a single-family residence or transformed into a standalone bourbon room or rustic entertaining venue, preserving the lodge-style atmosphere. These uses are presented as separate options, allowing a buyer to tailor the property to their vision. Equipped with extensive commercial-grade features, the property includes one walk-in freezer, two walk-in coolers, Ansul fire suppression system, salad bar prep table, two 5-steam-burner tables, metal prep tables, fryer, 6-burner commercial stove, Turbo Air freezer, three-door commercial refrigerator, and two three-tub sinks. Recent updates include new plumbing and a new deck, with three sheds providing additional storage. With its strong recreational draw, established infrastructure, and flexible potential, this unique property is ready for its next chapter. Age of the building: 1984 Square Footage: 3530 (source: County) Lot Size: 2.04 (source: County) Heating: Gas Cooling: Gas Water Heater: Gas Roof: Shingle Fireplace: Wood Utility Providers: Water ~ Village of Willisville Sewer ~ Septic Electric ~ Ameren Gas ~ Ameren Drive Times: SIU College: 36 minutes World Shooting Complex: 28 minutes Pyramid State Recreation Area: 21 minutes Room Dimensions: Room 44’ x 23’1” Kitchen 19’7” x 15’ Utility Room 11’3” x 5’8” Hall 3’5” x 4’7” Bathroom 11’3” x 4’1” Bathroom 7’6” x 4’7” Serving Area 35’2” x 23’1” Pantry 8’9” x 5’11” Laundry 7’8” x 5’11” Hall 4’4” x 4’ Bathroom 5’11” x 5’11” Bathroom 6’4” x 5’11” Room 29’9” x 14’11” Room 8’3” x 7’4” Room 18’6” x 8’4” Room 11’6” x 16’4” Room 6’11” x 16’4” Title Company: Arbeiter Law Office Financing: Cash Conventional Directions: GPS Friendly Legal Description: TWN 06 RNG 04 SECTION 30 PT NE NE Parcel(s): 1-64-0210-311 Taxes: $3102.20

Contact:

Property Peddler Inc

Property Subtype:

Restaurant

Date on Market:

2026-01-21

Hide
See More
More details for 642 N Dearborn St, Chicago, IL - Multifamily for Sale

642 N Dearborn St

Chicago, IL 60654

  • Airbnb Property
  • Multifamily for Sale
  • $2,819,570 CAD
  • 6,100 SF
See More
More details for 140 Washington Sq, Washington, IL - Retail for Sale

Tangled Roots Craft Beer & Kitchen - Tenant - 140 Washington Sq

Washington, IL 61571

  • Airbnb Property
  • Retail for Sale
  • $7,014,538 CAD
  • 10,510 SF

Washington Retail for Sale - Outlying Tazewell County

**Investment Opportunity: Tangled Roots Beverage Company Triple Net Leased Building - Washington, Illinois** Presenting a premier investment opportunity in the heart of downtown Washington, Illinois: the Tangled Roots Beverage Company building. This stunning property, undergoing a multimillion-dollar renovation, stands as a testament to modern design while contributing to the vibrant character of the town square. At the forefront of this investment is the first-floor restaurant, designed to attract a diverse clientele with its upscale finishes and inviting ambiance. The extensive renovations promise not only aesthetic appeal but also functionality, ensuring that the restaurant thrives in a competitive market. The second floor hosts a lively brew pub complemented by a rooftop bar that offers breathtaking views and a unique social atmosphere. These spaces are designed to maximize foot traffic and patron engagement, providing a robust revenue stream for years to come. One of the standout features of this property is the eight-year lease agreement with Tangled Roots, beginning April 20, 2025, which includes a five-year option for renewal. This long-term commitment provides stability and peace of mind for any investor, ensuring a steady income source while reducing tenant turnover risks. Additionally, the building houses four luxurious Airbnb residential units, each meticulously renovated to provide guests with upscale accommodations in a prime location. With high demand for short-term rentals in the area, these units promise consistent occupancy and profitability. Surrounded by a variety of businesses in a bustling square, this investment property is not just a restaurant; it is a multifaceted hub designed for growth and profitability. With Tangled Roots Beverage Company as your tenant, this investment assures sound returns in a thriving community. Explore the potential of this remarkable piece of architecture—an investment that embodies both aesthetic appeal and lucrative opportunities in Washington, Illinois.

Contact:

Brummel Properties

Date on Market:

2025-11-25

Hide
See More
More details for 876 W State St, Jacksonville, IL - Hospitality for Sale

Villa DeWolf - 876 W State St

Jacksonville, IL 62650

  • Airbnb Property
  • Hospitality for Sale
  • $1,100,182 CAD
  • 11,982 SF

Jacksonville Hospitality for Sale

Villa DeWolf – Historic Italianate Estate | 876 W State Street, Jacksonville, IL 62650 Step into history with Villa DeWolf, a masterfully restored 1857 Italianate mansion located in the heart of Jacksonville, Illinois. With over 7,100 square feet of refined living and hospitality space, this iconic property blends architectural grandeur, modern systems, and strong investment potential. This stately estate features seven en-suite suites, ten fireplaces, and a sweeping grand foyer anchored by a suspended staircase and ornate millwork. Originally built as a private residence and later operated as Villa DeWolf Bed & Breakfast, the property has hosted guests from around the world. Each room tells its own story, adorned with intricate detail - from the rare “Monuments of Paris, 1820” wallpaper to the timeless brick façade and manicured 1-acre grounds. Investment Opportunity - Villa DeWolf offers multiple pathways for income and appreciation, making it ideal for investors seeking a 1031 Exchange property, value-add hospitality asset, or unique portfolio acquisition. 1031 Exchange Eligible: Because the property has been operated as a Bed & Breakfast, producing consistent annual revenue, it fully qualifies as an income-producing asset under IRS 1031 Exchange guidelines. Buyers looking to defer capital gains through the acquisition of a like-kind property can do so while investing in a historic, income-generating estate. High-Vacancy Value-Add Potential: The property is currently underutilized, operating well below its capacity — classifying it as a high-vacancy opportunity with significant upside. With seven rentable suites, event space, and grounds suitable for weddings or retreats, there’s potential to expand operations dramatically through professional management, marketing, and partnerships with local tourism boards or universities. Bed & Breakfast or Boutique Hospitality Use: For owner-operators, Villa DeWolf presents a turnkey opportunity to revive or rebrand the existing Bed & Breakfast business. The estate’s layout supports both private living quarters and guest accommodations. Common areas such as the great hall, library, and sunroom offer multiple hosting spaces, while the updated kitchen, dining areas, and carriage house enhance operational flexibility. Property Highlights 7,104± sq. ft. of finished space on 1.08 acres 7 private suites, each with a unique layout and restored bath 10 fireplaces, original millwork, and Italianate detailing throughout Historic suspended staircase and imported wall coverings Updated systems, roof, and mechanicals for modern functionality Detached 3-car garage and carriage house with additional potential Zoned for mixed or residential use, allowing continued hospitality operations Located near Illinois College, healthcare facilities, and historic downtown Jacksonville Financial Overview: According to 2023 financials, Villa DeWolf Bed & Breakfast generated approximately $49,840 in gross revenue, with $22,206 in operating expenses, resulting in a Net Operating Income (NOI) of $27,634 At the current asking price of $989,876, this reflects an approximate cap rate of 2.8% - with clear opportunity to increase revenue through improved occupancy and diversified event offerings. Potential pro forma models show that with modest increases in bookings and utilization of the estate for weddings, corporate retreats, or weekend events, the NOI could realistically double or triple within two years under active management. Market & Location: Jacksonville, Illinois, located approximately 35 miles west of Springfield, is a vibrant small city known for its deep historical roots, universities, and cultural attractions. Its stable tourism sector, combined with proximity to major highways and regional population centers, provides a sustainable foundation for boutique hospitality ventures. The surrounding area supports consistent visitor traffic from alumni events, weddings, and business travel tied to Illinois College and nearby Memorial Health facilities. Investors can take advantage of both short-term rental platforms and traditional hospitality channels to expand reach. Operational Flexibility, Villa DeWolf can serve as: A turnkey Bed & Breakfast or boutique inn, A luxury short-term rental or corporate retreat venue, A private residence with event-hosting income, A strategic 1031 replacement property with tangible appreciation potential The property’s zoning and condition allow immediate operation under multiple investment strategies, whether owner-managed or professionally staffed. Villa DeWolf represents a rare combination of history, beauty, and financial potential. With its proven income track record, high-vacancy repositioning opportunity, and eligibility for 1031 Exchange acquisition, it offers exceptional upside for discerning investors and hospitality entrepreneurs. Whether reimagined as a boutique inn, luxury retreat, or landmark residence, Villa DeWolf stands ready for its next chapter — an opportunity to own a piece of Illinois history that also performs as a modern investment.

Contact:

L. Merrick Group | Keller Williams Pinnacle

Property Subtype:

Bed and Breakfast

Date on Market:

2025-10-29

Hide
See More
More details for 5017 S Drexel Blvd, Chicago, IL - Multifamily for Sale

5017 S Drexel Blvd

Chicago, IL 60615

  • Airbnb Property
  • Multifamily for Sale
  • $5,776,680 CAD
  • 17,800 SF
See More
More details for 2022-2026 W 95th St, Chicago, IL - Office for Sale

2022-2026 W 95th St

Chicago, IL 60643

  • Airbnb Property
  • Office for Sale
  • $1,299,753 CAD
  • 7,575 SF
See More
More details for 160-190 160-190 N. Merchant Street, Decatur, IL - Retail for Sale

160-190 N. Merchant Street - 160-190 160-190 N. Merchant Street

Decatur, IL 62523

  • Airbnb Property
  • Retail for Sale
  • $749,593 CAD
  • 12,480 SF

Decatur Retail for Sale

Historic mixed-use investment opportunity in the heart of Downtown Decatur. Located at 160–190 N. Merchant Street, the 'Post Building', originally constructed in 1888, is a three-story brick storefront property situated at the corner of Merchant Street and Prairie Avenue, surrounded by downtown dining, boutiques, entertainment, offices, public services, and civic activity. The building includes a mix of restaurant, retail, office, and residential uses, offering both stabilized income potential and upside through lease-up of available space. The property totals approximately 12,291 square feet and features multiple street-level commercial spaces, upper-floor office/flex space, and a furnished apartment currently used for corporate housing and short-term rental guests. The first floor is configured for two storefront commercial spaces and common area with elevator and staircase. Street level spaces include Goodfella's Cigars and a vacant restaurant space that was longtime home to downtown pizza and pub operation. Upper levels spaces include an office lease, Taproot Restaurant, and residential loft. Existing tenants and uses create a diversified income profile, while the vacant restaurant space provides an immediate value-add opportunity. The second floor includes restaurant/bar improvements and dining areas, while the third floor offers flexible office or studio space with strong natural light, downtown views, elevator access, and walk-up stair access. The furnished apartment includes modern finishes, kitchen, bathroom, and living space, supporting continued use as corporate housing, short-term rental, or traditional residential tenancy. The building benefits from recent updates, functional mixed-use layout, separately metered gas and electric service. Situated in the Decatur Central TIF District - the downtown area has seen continued public and private reinvestment, including streetscape improvements, parking enhancements, and ongoing redevelopment activity. The buildings historic character, central location, multiple income streams, and available lease-up upside, the Post Building offers a rare opportunity to acquire a recognizable downtown asset with both current utility and long-term repositioning potential.

Contact:

Main Place Real Estate

Date on Market:

2026-05-14

Hide
See More
More details for 18967 N US Highway 51, Elkville, IL - Flex for Sale

Route 51 Brewing Company - 18967 N US Highway 51

Elkville, IL 62932

  • Airbnb Property
  • Flex for Sale
  • $2,468,843 CAD
  • 23,500 SF

Elkville Flex for Sale

Route 51 Brewing Company is a 19,000 SF two-level brewery, concert venue, and banquet center with an attached 4,500 SF lean-to beer garden, situated on 7.37 acres along the high-visibility IL Route 51 corridor in Southern Illinois — a rare, turnkey, cash-flowing entertainment complex including all real estate, furniture, fixtures, and equipment. The facility features ADA-compliant men’s and women’s restrooms with custom keg urinals and ceramic tile flooring, an 800-amp 3-phase electrical service, a 10’×10' overhead recessed loading dock, 200 LED-lit parking spaces, and a 10 BBL direct-fire brewhouse complete with a 20-tap custom tap tower, an additional 14-tap tower, a 44-foot custom copper bar with drain pans and rinsers, and all custom saw blade and pipe-threaded furniture throughout. The fully equipped commercial kitchen includes two 40 lb deep fryers, a 6-burner stove, a Blodgett double-stack convection oven, a 1,600 lb/day Manitowoc ice machine, a 32’×15' walk-in cooler, and a custom food truck pickup window — with proven on- and off-site catering capacity for events exceeding 1,000 guests. The 6,300 SF banquet hall accommodates up to 299 licensed guests with 12-foot ceilings, a 32-foot Brazilian granite bar, direct commercial kitchen access, and a proven track record hosting hundreds of weddings, corporate events, and community gatherings. The nationally recognized concert venue boasts a 12’×28' permanent stage, a Midas M32 professional digital mixing console, a 8 box line array sound system, full DMX-controlled stage lighting with iPad controls, established relationships with national touring agencies, and three on-site furnished short-term rental suites with electronic keypad entry and Airbnb/VRBO income potential. With five distinct operational revenue streams and all FF&E included from day one, this is a truly turnkey opportunity — contact broker for financials. Located off of IL Route 51, a well-traveled corridor connecting the Du Quoin and Carbondale markets. This site is home to Route 51 Brewing Company & Banquet Center, giving the property an established hospitality presence and destination appeal. Its inclusion in Southern Illinois beer-tourism promotions and proximity to the broader Wine & Beer Trail of Southern Illinois further enhance its visibility, drawing both local and regional visitors traveling the area’s popular brewery and winery routes.

Contact:

BarberMurphy Group

Date on Market:

2026-04-15

Hide
See More
More details for 11489 E Clarksville Rd, Marshall, IL - Retail for Sale

11489 E Clarksville Rd

Marshall, IL 62441

  • Airbnb Property
  • Retail for Sale
  • $255,687 CAD
  • 2,276 SF
See More
1-13 of 13

Airbnb Properties For Sale

Airbnb Properties

Looking to lease a Airbnb Property? View Airbnb Properties for lease