Lake Villa, Illinois — top rental deal at 17.4% ROI

We analyze 35 active listings in Lake Villa and surface the strongest rental-return candidates below, each with its cap rate, cash flow, and estimated rent.

35 Active listings whole market
1.91% Median ROI investment-grade deals
6.46% Median cap rate investment-grade deals
$3200-3400 Typical rent investment-grade deals
100.0% Rentable share whole market
Top ROI

37061 N Bonnie Brae Road Lake Villa IL 60046

September 21st, 2026

  • 4 Beds
  • 2.1 Baths
  • 2862 Sq Ft
ROI 17.42%
Cap Rate 10.34%
Cash Flow $1,997
Est. Rent: $7000
Listing Price $550,000
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34904 N Carvis Drive Lake Villa IL 60046

July 19th, 2026

  • 3 Beds
  • 1 Baths
  • 1133 Sq Ft
ROI 15.11%
Cap Rate 9.76%
Cash Flow $866
Est. Rent: $2800-3400
Listing Price $275,000
View Details

38785 N West Park Avenue Lake Villa IL 60046

October 29th, 2026

  • 3 Beds
  • 1 Baths
  • 1320 Sq Ft
ROI 1.91%
Cap Rate 6.46%
Cash Flow $94
Est. Rent: $1900-2000
Listing Price $234,900
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752 Sun Lake Road Lake Villa IL 60046

October 26th, 2026

  • 3 Beds
  • 2.1 Baths
  • 2744 Sq Ft
ROI 1.48%
Cap Rate 6.35%
Cash Flow $147
Est. Rent: $4200
Listing Price $475,000
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10 Sheenan Drive Lake Villa IL 60046

October 29th, 2026

  • 4 Beds
  • 2.1 Baths
  • 2040 Sq Ft
ROI 0.47%
Cap Rate 6.1%
Cash Flow $39
Est. Rent: $3200
Listing Price $399,900
View Details
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity℠ Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Panda Nook Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the MLS GRID for MRED as of 11/6/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

©2026 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data is refreshed every 15 minutes. Listing last updated 8:45 PM CT on 11/6/2026.