Arlington Heights, IL Apartment buildings for sale

Updated: Mar 4

Springfield Multifamily Investment Opportunity

2510 & 2518 W JEFFERSON Street, Springfield, IL 62702

$749,800

6.60 AC lot

Fully occupied 10‑unit multifamily on 6.5 acres in Springfield High School District
Two 5‑unit buildings at 2510 & 2518 W Jefferson; monthly income of $7,965
Tenants pay electric and gas; owner pays water, sewer, trash, and mowing
R3 County zoning with creek, wooded areas, and a gazebo on the property
Central air cooling and natural gas/baseboard heating

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Updated: May 1

Six-Unit Apartment Building

824 E Ridgely Avenue, Springfield, IL 62702

$379,900

4,500 SF, six‑unit apartment building built in 1993
Roof and all new siding completed in 2021
All six units have been renovated
Includes multiple new HVAC systems and water heaters; forced‑air natural gas heat with central air
Public water service and shingle roof

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Springfield Multifamily Investment Opportunity

629 W WASHINGTON Street, Springfield, IL 62702

$385,000

Six-unit complex with high occupancy and recent renovations.

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Springfield Multifamily Investment Opportunity

524 E Ridgely Avenue, Springfield, IL 62702

$250,000

Six-unit multifamily property near Lincoln Park, fully occupied.

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Springfield Multifamily Investment Opportunity

1546 E CORNELL Street, Springfield, IL 62703

$160,000

Six-unit, all-brick apartment building in Springfield, Illinois.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Arlington Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Pekin Multifamily Property Near Lake

740 E SHORE Drive, Pekin, IL 61554

$674,900

0.64 AC lot

Well-maintained 8-unit apartment building near Lake Arlann.

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Decatur Multifamily Investment Opportunity

105, 111, 117, & 133 Elder Lane, Decatur, IL 62522

$2,130,000

35-unit multifamily property in Decatur, Illinois with value-add potential.

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Multifamily Property with Redevelopment Potential

417-461 W Wood St, Decatur, IL 62522

$800,000

16,248 sqft

Converted multifamily property with value-add opportunity in Decatur, Illinois.

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Ten-Unit Apartment Complex For Sale

429 SOUTH Street, Pekin, IL 61554

$479,900

Ten-unit apartment complex with on-site laundry facility.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Norman Land For Luxury Condos

801 NW 36th Avenue, Norman, OK 73072

$285,000

0.74 AC lot

Prime Norman land suitable for luxury condos development.

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Arlington Heights, IL Apartment Buildings Market Trends and Statistics

Explore 5 apartment buildings for sale in Arlington Heights, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 57,185 square feet of properties for sale, with an estimated market value of $1,924,701.

Sale prices for two-family homes in Arlington Heights, IL start at $1.00, averaging $320,783, and reaching up to $749,800 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60004	$192K

Neighborhood

Average Price

60004

$192K

Arlington Heights, IL Apartment Buildings for Sale

2510 & 2518 W JEFFERSON Street, Springfield, IL 62702

824 E Ridgely Avenue, Springfield, IL 62702

629 W WASHINGTON Street, Springfield, IL 62702

524 E Ridgely Avenue, Springfield, IL 62702

1546 E CORNELL Street, Springfield, IL 62703