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    Arlington Heights, IL Apartment Buildings for Sale

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    Six-Unit Brick Apartment Building
    Updated: Mar 31
    Six-Unit Brick Apartment Building

    1546 E CORNELL Street, Springfield, IL 62703

    $160,000
    Six occupied apartment units in a single‑story building
    All‑brick construction completed in 1968
    Individual electric meters for each unit
    Tenants pay electric and gas costs
    House meter for water and sewer; landlord pays those utilities
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    Apartment Building
    Updated: Aug 10, 2020
    Apartment Building

    820 Converse Avenue, Springfield, IL 62702

    $540,000
    Apartment building offering in Springfield, Illinois
    Includes 820 Converse Avenue
    Additional property identified at 1339 N 9th
    Springfield ZIP code 62702
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    Historic Apartment Community
    Historic Apartment Community

    631 South 4th Street, Springfield, IL 62703

    Contact for pricing
    53,265 sqft

    Two-building multifamily property with studios, one-bedroom units, ancillary structures, and an R-5(B) zoning designation.

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    See hot listings in Arlington Heights

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Three-Building Apartment Portfolio
    Three-Building Apartment Portfolio

    604-614 South 4th Street, Springfield, IL 62703

    $540,000

    As-is multifamily property near downtown Springfield and two prominent civic landmarks.

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    Historic Multifamily Apartment Community
    Historic Multifamily Apartment Community

    631 S 4th St, Springfield, IL 62703

    $3,500,000

    Historic property with 75 studio and one-bedroom units across two buildings, plus detached garage and outbuilding.

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    264-Unit Apartment Community
    264-Unit Apartment Community

    2473 Ladley Ct, Springfield, IL 62703

    $17,000,000

    Multifamily community with a mix of one- and two-bedroom units, including updated kitchens, bathrooms, flooring, and fixtures.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Lincoln Tower High-Rise Apartments
    Lincoln Tower High-Rise Apartments

    520 South Second Street, Springfield, IL 62701

    Contact for pricing

    Downtown apartment property with one-, two-, and three-bedroom layouts plus resident-focused amenities.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Arlington Heights, 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.

    9-Unit Apartment Building
    9-Unit Apartment Building

    102 ELM Street, Dawson, IL 62520

    $435,000
    0.86 AC lot

    Full occupancy includes two additional lots with tenant-owned mobile homes and shared coin-operated laundry.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    102 ELM Street, Dawson, IL 62520

    $435,000

    Fully occupied multifamily property with tenant-owned mobile homes and shared coin-operated laundry facilities.

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    Mixed-Use Building with Gymnasium
    Mixed-Use Building with Gymnasium

    352 FRANKLIN Street, Jacksonville, IL 62650

    $415,000
    4.22 AC lot

    Tenant-occupied residential units occupy the main floor, with a commercially zoned lower level and substantial interior amenities.

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    Apartment Building with Gymnasium
    Apartment Building with Gymnasium

    352 FRANKLIN Street, Jacksonville, IL 62650

    $415,000
    4.22 AC lot

    Former school property combines occupied residential units with a commercially zoned lower level and oversized parking.

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    Arlington Heights, IL Apartment Buildings Market Trends and Statistics

    Explore 7 apartment buildings for sale in Arlington Heights, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 53,265 square feet of properties for sale, with an estimated market value of $21,740,000.

    Sale prices for two-family homes in Arlington Heights, IL start at $160,000, averaging $4,348,000, and reaching up to $17,000,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Small apartment buildings 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Arlington Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60004 $192K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sangamon County

    New Delisted

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