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Fox River Grove, IL Apartment Buildings for Sale

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Mixed-Use Building with Restaurant/Bar
Updated: Apr 9, 2025
Mixed-Use Building with Restaurant/Bar

700 Northwest Highway, Fox River Grove, IL 60021

$790,000
0.50 AC lot
4,428 sqft two‑story mixed‑use building on a 0.4976‑acre lot
2,400 sqft restaurant/bar with 81' frontage on Northwest Hwy
Restaurant kitchen includes pizza oven, Ansul hood, stove, fryers, walk‑in cooler, grease trap
Full 1,235 sqft basement for additional storage
Three apartments upstairs: two 2‑bed/1‑bath units and one 1‑bed/1‑bath unit
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Fox River Grove, 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.

Historic Mixed-Use Building
Historic Mixed-Use Building

115 S Main Street, Algonquin, IL 60102

$1,695,000
0.20 AC lot

Six apartments and two storefronts create a flexible combination of residential and commercial space.

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Palatine Condo Deconversion Opportunity
Palatine Condo Deconversion Opportunity

140 W Wood St, Palatine, IL 60067

$20,000,000
112,000 sqft

132-unit condo deconversion opportunity in downtown Palatine, Illinois.

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Cottages with Fox River Views
Cottages with Fox River Views

320-380 Highland Avenue, Algonquin, IL 60102

$900,000
1.40 AC lot

Seven unique cottages on a wooded parcel offer Fox River views for residential income in a MULTI-zoned setting.

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Garden-Style Multifamily Building with Balconies
Garden-Style Multifamily Building with Balconies

1875 N Green Lane N, Palatine, IL 60074

Contact for pricing

Spacious 3- and 4-bedroom-style units with balconies, supported by on-site parking and shared exterior maintenance expenses.

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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.

Asheville Development Opportunity: 5.94 Acres
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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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$650,000
1.33 AC lot

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

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Fox River Grove, IL Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Fox River Grove, IL on our real estate platform.

Sale prices for two-family homes in Fox River Grove, IL average $790,000 — 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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Demographics Overview

Population 5,108
Population Growth (5Y) -7.9%
Median Household Income $122,005
College Educated 55.2%

High-Yield Neighborhoods for Investment

Identify Fox River Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60021 $790K

Taxes & Financing

Tax Rate (average for all types) 10.46%
Property Tax per SF $77.38 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McHenry County

New Delisted

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