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    Lake County, IL Apartment Buildings for Sale

    8 results
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    Turnkey Multifamily Property, North Chicago
    $1,289,900
    0.21 Acres

    Turnkey Multifamily Property, North Chicago

    1542 Victoria Avenue, North Chicago, IL 60064

    Fully renovated 6-unit building with a 9% cap rate.

    • High Cap Rate: Turnkey 6‑unit multifamily property with a strong 9% cap rate.
    • Complete Renovation: Professionally rebuilt from the studs up with architectural and structural engineering plans.
    • Modern Unit Updates: Each unit features new kitchens with stainless steel appliances and granite countertops, updated bathrooms with custom tilework, and LVP flooring.
    • New Mechanical Systems: Includes all‑new plumbing, electrical, and HVAC systems.
    • Smart Lock System: Features a smart lock system with remote access control for owners and tenants.
    Updated: May 6, 2025
    View details
    Mixed-Use Property in Waukegan, IL
    $283,975
    0.08 Acres

    Mixed-Use Property in Waukegan, IL

    726 10th Street, Waukegan, IL 60085

    Mixed-use property with retail storefront and apartments in Waukegan.

    • Mixed‑use property with retail storefront and residential apartments provides immediate income potential.
    • High‑traffic corner lot location in a business district offers excellent visibility and customer access.
    • Retail storefront is suitable for various businesses.
    • Solid brick construction ensures durability and low maintenance.
    • Includes a 2‑car attached garage and full basement for ample storage.
    Updated: Sep 20, 2025
    View details
    Libertyville Multifamily De-Conversion Opportunity
    $5,200,000
    3,100 SF

    Libertyville Multifamily De-Conversion Opportunity

    32-unit multifamily property in Libertyville, Illinois, near I-94.

    375 West Winchester Road, Libertyville, IL 60048
    View details
    Top Floor Lake View Condo
    $325,000
    1,800 SF

    Top Floor Lake View Condo

    Spacious 3-bedroom condo with lake views and updated features.

    200 Lake Boulevard #452, Buffalo Grove, IL 60089
    View details
    Renovated Housing Facility with Retail
    Contact for pricing

    Renovated Housing Facility with Retail

    Five-story building with 105 units and retail space in Highwood.

    700 Sheridan Rd, Highwood, IL 60040
    View details
    Fully Occupied Multi-Family Property
    $525,000

    Fully Occupied Multi-Family Property

    Multi-family rental property with lake rights and income potential.

    40523 N IL Route 83, Antioch, IL 60002
    View details
    Mixed-Use Building in Waukegan
    $449,900
    0.16 Acres

    Mixed-Use Building in Waukegan

    Mixed-use building with restaurant and apartments in active commercial area.

    818 10th Street, Waukegan, IL 60085
    View details
    Mundelein Mixed-Use Investment Opportunity
    $1,450,000
    12,875 SF

    Mundelein Mixed-Use Investment Opportunity

    Fully equipped restaurant, convenience store, and residential units for sale.

    1116 Diamond Lake Rd, Mundelein, IL
    View details
    Based on your search, we've compiled 128 Potential Opportunities for your consideration. Besides 8 Active listings in Lake County, IL, we suggest exploring several alternatives: similar 116 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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.

    Entitled Land for Multifamily Development
    $8,550,000
    4.24 Acres

    Entitled Land for Multifamily Development

    4.24 acres approved for 228 units in Nashville.

    7220 Charlotte Pike West, Nashville, TN 37209
    View details
    Prime Development Land Opportunity
    $2,750,000
    29.20 Acres

    Prime Development Land Opportunity

    29.2 acres of retail-zoned land in Springfield, Missouri.

    N West Bypass, Springfield, MO 65802
    View details
    Eureka Springs Commercial Land Opportunity
    $159,900
    5.69 Acres

    Eureka Springs Commercial Land Opportunity

    5.69 acres of commercial land near downtown Eureka Springs.

    TBD E Van Buren, Eureka Springs, AR 72632
    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

    Explore Off-Market Properties in Lake County, IL

    Consider similar Off-Market properties in Lake County, 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.

    534 Washington St

    534 Washington St

    APARTMENT HOUSE (UNDER 5 UNITS) • 9,261 SF
    Value Estimation
    $1,155,000
    534 Washington St, Round Lake Park, IL 60073-3063
    View details
    2301 Sheridan Rd

    2301 Sheridan Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 5,532 SF
    Value Estimation
    $675,000
    2301 Sheridan Rd, Zion, IL 60099-2302
    View details
    604 Avilon Ave

    604 Avilon Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,976 SF
    Value Estimation
    $500,000
    604 Avilon Ave, Round Lake, IL 60073-3298
    View details
    932 Cedar Lk Rd

    932 Cedar Lk Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,120 SF
    Value Estimation by Request
    932 Cedar Lk Rd, Round Lake Beach, IL 60073-2687
    View details
    930 Cedar Lk Rd

    930 Cedar Lk Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,160 SF
    Value Estimation by Request
    930 Cedar Lk Rd, Round Lake Beach, IL 60073-2688
    View details
    928 Cedar Lk Rd

    928 Cedar Lk Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,160 SF
    Value Estimation by Request
    928 Cedar Lk Rd, Round Lake Beach, IL 60073-2689
    View details
    2201 Galilee Ave

    2201 Galilee Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,976 SF
    Value Estimation by Request
    2201 Galilee Ave, Zion, IL 60099-2911
    View details
    2209 Galilee Ave

    2209 Galilee Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,976 SF
    Value Estimation by Request
    2209 Galilee Ave, Zion, IL 60099-2287
    View details
    2717 Galilee Ave

    2717 Galilee Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,840 SF
    Value Estimation by Request
    2717 Galilee Ave, Zion, IL 60099-2497
    View details
    1708 Joppa Ave

    1708 Joppa Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 5,328 SF
    Value Estimation by Request
    1708 Joppa Ave, Zion, IL 60099-1551
    View details
    1415 Fairfield Rd

    1415 Fairfield Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,400 SF
    Value Estimation
    $560,000
    1415 Fairfield Rd, Round Lake Beach, IL 60073-1506
    View details
    1716 Joppa Ave

    1716 Joppa Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 5,760 SF
    Value Estimation by Request
    1716 Joppa Ave, Zion, IL 60099-1576
    View details
    1720 Joppa Ave

    1720 Joppa Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 5,696 SF
    Value Estimation by Request
    1720 Joppa Ave, Zion, IL 60099-1579
    View details
    254 Slusser St

    254 Slusser St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,321 SF
    Value Estimation by Request
    254 Slusser St, Grayslake, IL 60030-1446
    View details
    610 Barron Blvd

    610 Barron Blvd

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,312 SF
    Value Estimation by Request
    610 Barron Blvd, Grayslake, IL 60030-1376
    View details
    720 Barron Blvd

    720 Barron Blvd

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,312 SF
    Value Estimation
    $560,000
    720 Barron Blvd, Grayslake, IL 60030-1377
    View details

    Lake County, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 124 apartment buildings for sale in Lake County, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 990,167 square feet of properties for sale, with an estimated market value of $37,048,775.

    Sale prices for two-family homes in Lake County, IL start at $283,975, averaging $529,268, and reaching up to $2,360,000 — 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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