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    Arlington Heights, IL Apartment Buildings for Sale

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    Chicago, IL Grandview, IL Southern View, IL
    6 results
    Six-Unit Apartment Building with Upgrades
    $399,900
    4,500 SF

    Six-Unit Apartment Building with Upgrades

    824 E Ridgely Avenue, Springfield, IL 62702

    Updated six-unit apartment building with expansion potential in Springfield, IL.

    • Six renovated units in a 4,500 sq ft apartment building
    • Additional parcel included, with potential to rebuild another six‑unit structure
    • Significant recent upgrades: new roof and siding (2021)
    • Multiple new HVAC systems and water heaters
    • Minimal initial maintenance required
    Updated: May 1
    View details
    Springfield Multifamily Investment Opportunity
    $749,800
    6.60 Acres

    Springfield Multifamily Investment Opportunity

    2510 & 2518 W JEFFERSON Street, Springfield, IL 62702

    Fully occupied 10-unit property on 6.5 acres with development potential.

    • Fully occupied 10‑unit property generating $7,965 monthly income.
    • Significant development potential on 6.5 acres with R3 zoning.
    • Opportunity to rebuild a multi‑unit structure (duplex previously existed).
    • Located in the desirable Springfield High School District.
    • Tenants pay electric and gas, reducing owner expenses.
    Updated: Mar 4
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    Springfield Multifamily Investment Opportunity
    $385,000

    Springfield Multifamily Investment Opportunity

    Six-unit complex with high occupancy and recent renovations.

    629 W WASHINGTON Street, Springfield, IL 62702
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    Springfield Multifamily Investment Opportunity
    $250,000

    Springfield Multifamily Investment Opportunity

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

    524 E Ridgely Avenue, Springfield, IL 62702
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    Historic Ridgely Building Redevelopment Opportunity
    Contact for pricing
    57,185 SF

    Historic Ridgely Building Redevelopment Opportunity

    Twelve-story building suitable for office, retail, or multifamily redevelopment.

    500 E Monroe St, Springfield, IL 62701
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    Springfield Multifamily Investment Opportunity
    $160,000

    Springfield Multifamily Investment Opportunity

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

    1546 E CORNELL Street, Springfield, IL 62703
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Arlington Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, 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.

    Historic Mixed-Use Building For Sale
    $149,900
    6,412 SF

    Historic Mixed-Use Building For Sale

    All-brick historic building with garage, ideal for mixed-use development.

    326 West State Street, Jacksonville, IL 62650
    View details
    Multifamily Property with Redevelopment Potential
    $800,000
    16,248 SF

    Multifamily Property with Redevelopment Potential

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

    417-461 W Wood St, Decatur, IL 62522
    View details
    Decatur Multifamily Investment Opportunity
    $2,340,000

    Decatur Multifamily Investment Opportunity

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

    105, 111, 117, & 133 Elder Lane, Decatur, IL 62522
    View details
    Historic Mixed-Use Building in Jacksonville
    $149,900
    7,976 SF

    Historic Mixed-Use Building in Jacksonville

    All-brick building near courthouse, ideal for mixed-use development.

    326 W STATE Street, Jacksonville, IL 62650
    View details

    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
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

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

    N West Bypass, Springfield, MO 65802
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

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

    71 Salters Road, Greenville, SC 29607
    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
    View details

    Off-Market Properties in Arlington Heights, IL

    Consider similar Off-Market properties in Arlington Heights, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    805 Wilke Rd

    805 Wilke Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,970 SF
    Value Estimation
    $1,100,000
    805 Wilke Rd, Arlington Heights, IL 60005-5029
    View details
    1520 Arlington Hts Rd

    1520 Arlington Hts Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 11,737 SF
    Value Estimation
    $2,200,000
    1520 Arlington Hts Rd, Arlington Heights, IL 60004-3906
    View details
    1520 Arlington Hts Rd

    1520 Arlington Hts Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 11,737 SF
    Value Estimation
    $2,200,000
    1520 Arlington Hts Rd, Arlington Heights, IL 60004-3906
    View details
    1520 Arlington Hts Rd

    1520 Arlington Hts Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 11,737 SF
    Value Estimation
    $2,200,000
    1520 Arlington Hts Rd, Arlington Heights, IL 60004-3906
    View details
    1 Vail Ave

    1 Vail Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,491 SF
    Value Estimation
    $515,000
    1 Vail Ave, Arlington Heights, IL 60005-1477
    View details
    203 5th E Vly Ln

    203 5th E Vly Ln

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,280 SF
    Value Estimation
    $645,000
    203 5th E Vly Ln, Arlington Heights, IL 60004
    View details
    1204 Rand Rd

    1204 Rand Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,290 SF
    Value Estimation
    $2,000,000
    1204 Rand Rd, Arlington Heights, IL 60004-2078
    View details
    208 Dunton Ave

    208 Dunton Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,260 SF
    Value Estimation
    $530,000
    208 Dunton Ave, Arlington Heights, IL 60004-5958
    View details
    1045 Evergreen Ave, Unit 47

    1045 Evergreen Ave, Unit 47

    GARDEN APT, COURT APT (5+ UNITS) • 0.92 Acres
    Value Estimation
    $1,050,000
    1045 Evergreen Ave, Arlington Heights, IL 60005-3144
    View details
    1440 Arlington Hts Rd

    1440 Arlington Hts Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,608 SF
    Value Estimation by Request
    1440 Arlington Hts Rd, Arlington Heights, IL 60004-4828
    View details
    303 5th E Vly Ln

    303 5th E Vly Ln

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,893 SF
    Value Estimation
    $580,000
    303 5th E Vly Ln, Arlington Heights, IL 60004
    View details
    7 Miner St

    7 Miner St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,426 SF
    Value Estimation
    $555,000
    7 Miner St, Arlington Heights, IL 60004-6011
    View details
    237 Highland Ave

    237 Highland Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,618 SF
    Value Estimation by Request
    237 Highland Ave, Arlington Heights, IL 60005-1878
    View details
    119 Evergreen Ave Fl, Unit 1

    119 Evergreen Ave Fl, Unit 1

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,020 SF
    Value Estimation by Request
    119 Evergreen Ave Fl, Arlington Heights, IL 60005-1962
    View details
    807 Wilke Rd

    807 Wilke Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,970 SF
    Value Estimation by Request
    807 Wilke Rd, Arlington Heights, IL 60005-5030
    View details
    843 Mckinley Ave

    843 Mckinley Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,800 SF
    Value Estimation by Request
    843 Mckinley Ave, Arlington Heights, IL 60005-2870
    View details
    307 Vly Ln

    307 Vly Ln

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,759 SF
    Value Estimation
    $610,000
    307 Vly Ln, Arlington Heights, IL 60004-3127
    View details
    207 9th E Vly Ln

    207 9th E Vly Ln

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,797 SF
    Value Estimation
    $635,000
    207 9th E Vly Ln, Arlington Heights, IL 60004
    View details

    Arlington Heights, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Arlington Heights, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 4,500 square feet of properties for sale, with an estimated market value of $399,900.

    Sale prices for two-family homes in Arlington Heights, IL start at $399,900, averaging $399,900, and reaching up to $399,900 — 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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    Top Commercial Asset Segments

    Small apartment buildings 1

    Demographics Overview

    Population 81K
    Population Growth (5Y) +0.1%
    Median Household Income $116,117
    College Educated 54.8%

    Taxes & Financing

    Average Loan-to-Value 65.0%

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