Apartment Building

Arlington Heights, IL Apartment Buildings for Sale

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Grandview, IL Carriere, MS Southern View, IL Williamsville, IL Sherman, IL Riverton, IL Rochester, IL Chatham, IL
6 properties
Renovated Six-Unit Apartment Building
Updated: May 1
Renovated Six-Unit Apartment Building

824 E Ridgely Avenue, Springfield, IL 62702

$369,900
Six‑unit apartment building with 4,500 square feet
All six units have been renovated
New roof and wood siding completed in 2021
Multiple new HVAC systems and water heaters
Additional west parcel may support another six‑unit structure
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All-Brick 6-Unit Apartment Building
Updated: Mar 31
All-Brick 6-Unit Apartment Building

1546 E CORNELL Street, Springfield, IL 62703

$160,000
All‑brick, one‑story 6‑unit apartment building
Built in 1968
Individual electric meters for each unit
Tenants pay electric and gas; landlord pays water and sewer (house meter)
All units occupied and sold as‑is
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Multifamily Property
Multifamily Property

820 Converse Avenue, Springfield, IL 62702

$540,000

The offering includes an additional address identified as 1339 N 9th.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Historic Mixed-Use Building
Historic Mixed-Use Building

501 E Capitol Avenue, Springfield, IL 62701

$2,999,999
50,691 sqft

Historic building converted to 25 apartments with in-unit washer/dryers plus office and commercial spaces.

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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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62-Unit Apartment Complex
62-Unit Apartment Complex

800 Chatham Rd, Springfield, IL 62704

Contact for pricing

Built in 1970, this 62-unit complex features predominantly two-bedroom apartments and is across from Pasfield Golf Course and Washington Park.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

Nine-Unit Multifamily Building
Nine-Unit Multifamily Building

102 ELM Street, Dawson, IL 62520

$435,000
0.86 AC lot

All units are currently full, with tenant-paid electricity and owner-paid utilities for common services.

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9-Unit Apartment Building
9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

$435,000

R3-zoned apartment building with electric heat and window AC, plus two tenant-owned mobile homes on included lots.

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Apartment Building with Gymnasium
Apartment Building with Gymnasium

352 FRANKLIN Street, Jacksonville, IL 62650

$450,000
4.22 AC lot

Brick apartment building with central air, hot water heat, and a full gymnasium on-site.

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Apartment Building with Gymnasium
Apartment Building with Gymnasium

352 FRANKLIN Street, Jacksonville, IL 62650

$450,000
4.22 AC lot

Brick apartment building on a 4.22-acre lot with tenant-occupied units and a full gymnasium, locker rooms, and auditorium space.

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Arlington Heights, IL Apartment Buildings Market Trends and Statistics

Explore 6 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 50,691 square feet of properties for sale, with an estimated market value of $7,569,899.

Sale prices for two-family homes in Arlington Heights, IL start at $160,000, averaging $1,513,979, and reaching up to $3,500,000 — 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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