Westchester, IL
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    Westchester, IL Short Term Rental Properties for Sale

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    Chicago, IL Grandview, IL Southern View, IL
    Furnished Historic Apartment Building Investment
    $675,000

    Furnished Historic Apartment Building Investment

    520 E S Grand Avenue, Springfield, IL 62703

    Turnkey, furnished 12-unit apartment building with income potential.

    • Listed under appraised value, presenting an immediate investment advantage.
    • Turnkey investment with 12 fully furnished 1‑bedroom units, ready for immediate rental income.
    • Recent upgrades in select units (2025) including new furnishings, modern cabinetry, updated appliances, and refreshed bathrooms.
    • Historic brick building with newer windows and roof (approx. 2016) ensuring durability and energy efficiency.
    • Each unit is move‑in ready with complete furniture package, kitchen essentials, and flat‑screen TVs.
    Updated: Jan 4
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    Furnished Historic Apartment Building Investment
    $650,000

    Furnished Historic Apartment Building Investment

    520 E S Grand Avenue, Springfield, IL 62703

    Well-maintained, furnished 12-unit historic building with income potential.

    • Listed under appraised value, presenting an immediate investment advantage.
    • Turnkey operation with 12 fully furnished 1‑bedroom units, ready for immediate rental income.
    • Recent upgrades in multiple units (2025) including new furnishings, modern cabinetry, updated appliances, and refreshed bathrooms.
    • Durable construction with newer windows and roof replacement (around 2016) ensuring long‑term reliability and energy efficiency.
    • Historic brick building with unique character and appeal.
    Updated: Jan 4
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Westchester, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Ranch-Style Home Near Lake
    $274,900

    New Ranch-Style Home Near Lake

    New ranch home near Lake Shelbyville with Airbnb potential.

    104 E North 2nd Street, Findlay, IL 62534
    View details
    Updated Duplex Near Geospatial Campus
    $160,000
    3,156 SF

    Updated Duplex Near Geospatial Campus

    Updated duplex with income potential near major redevelopment project.

    3858 Greer Avenue, St, Louis, MO 63107
    View details
    Downtown St. Louis Multifamily Lofts
    $2,500,000

    Downtown St. Louis Multifamily Lofts

    Value-add multifamily investment opportunity in downtown St. Louis.

    315 N 10th St, St., Louis, MO 63101
    View details
    Versailles-Inspired Airbnb in Downtown St. Louis
    $1,054,080
    14,400 SF

    Versailles-Inspired Airbnb in Downtown St. Louis

    Turn-key Airbnb opportunity in Downtown St. Louis.

    Saint Louis, MO
    View details

    Westchester, IL Short Term Rental Properties Investment Opportunities Market Analysis

    Explore 2 short term rental properties for sale in Westchester, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,325,000.

    Sale prices for short term rental properties in Westchester, IL start at $650,000, averaging $662,500, and reaching up to $675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Westchester.

    Leading Commercial Asset Segments

    Duplexes 1

    Westchester Demographics Overview

    Population 17K
    Population Growth (5Y) -0.3%
    Median Household Income $103,561
    College Educated 59.6%

    Top Neighborhoods for Investment

    Discover the areas of Westchester with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    60154 $280K - 2.2M $1.2M

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