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Lake County, IL Apartment Buildings for Sale

15 results
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Mixed-Use Building on Hwy 45
$549,900
0.29 Acres

Mixed-Use Building on Hwy 45

33125 N Us Highway 45, Grayslake, IL 60030

Versatile commercial/residential building in high-visibility location on Hwy 45.

  • High‑visibility location on busy Hwy 45.
  • Mixed‑use commercial/residential building offering versatile investment options.
  • Five storefronts/offices on the main level suitable for retail or professional use.
  • Spacious upper‑level apartment for owner‑occupancy or rental income.
  • Multiple income streams possible through various leasing configurations.
Updated: Oct 8, 2025
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Turnkey Multifamily Property, North Chicago
$1,289,900
0.21 Acres

Turnkey Multifamily Property, North Chicago

1542 Victoria Ave, 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: Oct 21, 2025
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Multifamily Property with Parking Lot
$329,975
0.08 Acres

Multifamily Property with Parking Lot

Multifamily property with five units and parking lot.

724 10Th St, Waukegan, IL 60085
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Antioch Multifamily Investment Opportunity
$900,000

Antioch Multifamily Investment Opportunity

Six-unit brick building with updated features and long-term tenants.

431 Filweber Ct, Antioch, IL 60002
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Mixed-Use Property in Business District
$283,975
0.08 Acres

Mixed-Use Property in Business District

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

726 10Th St, Waukegan, IL 60085
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Mixed-Use Building in Waukegan
$449,900
0.15 Acres

Mixed-Use Building in Waukegan

Mixed-use brick building with restaurant and apartments in Waukegan.

818 10Th St, Waukegan, IL 60085
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Libertyville Townhome Development Opportunity
$4,025,000

Libertyville Townhome Development Opportunity

Cash-flowing 7-unit townhome development near Libertyville's shopping and dining.

601 Broadway St, Libertyville, IL 60048
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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 Blvd, Buffalo Grove, IL 60089
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Penthouse Condo in Stevenson District
$524,900

Penthouse Condo in Stevenson District

Top-floor condo with upgrades, views, and access to top schools.

1199 E Port Clinton Rd, Vernon Hills, IL 60061
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Updated Ranch Unit with Basement
$350,000
1,164 SF

Updated Ranch Unit with Basement

Charming 2-bedroom condo with pond views and finished basement.

314 Satinwood Ter, Buffalo Grove, IL 60089
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Spacious Buffalo Grove First-Floor Condo
$240,000

Spacious Buffalo Grove First-Floor Condo

3-bedroom, 2-bathroom condo in prime Buffalo Grove location.

705 Grove Dr, Buffalo Grove, IL 60089
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Luxurious Condo Backing to Open Space
$495,000

Luxurious Condo Backing to Open Space

Upgraded two-bedroom condo with deeded storage and garage parking.

425 Benjamin Dr, Vernon Hills, IL 60061
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Grayslake Office Condo - Prime Location
$299,900
2,734 SF

Grayslake Office Condo - Prime Location

Turn-key office condo, Route 120 visibility.

4 Deer Point Rd, Grayslake, IL 60030
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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 Rd, Libertyville, IL 60048
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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 Lk Rd, Mundelein, IL
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Based on your search, we've compiled 131 Potential Opportunities for your consideration. Besides 15 Active listings in Lake County, IL, we suggest exploring several alternatives: similar 116 Off-Market properties to explore as potential leads

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.

3 Old Rand Rd

3 Old Rand Rd

Individual retail properties • 6,685 SF
Value Estimation by Request
3 Old Rand Rd, Lake Zurich, IL 60047
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2116 Williamsburg Dr

2116 Williamsburg Dr

Multifamily properties
Value Estimation by Request
2116 Williamsburg Dr, Waukegan, IL 60085
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4 Deer Point Rd

4 Deer Point Rd

Residential income properties • 2,734 SF
Value Estimation by Request
4 Deer Point Rd, Grayslake, IL 60030
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11 Genesee St

11 Genesee St

Restaurants • 8,120 SF
Value Estimation by Request
11 Genesee St, Waukegan, IL 60085
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1109 Morningside Dr

1109 Morningside Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 6,200 SF
Value Estimation
$360,000
1109 Morningside Dr, Round Lake Beach, IL 60073-1581
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2400 24th Pl

2400 24th Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 11,340 SF
Value Estimation
$460,000
2400 24th Pl, North Chicago, IL 60064-3025
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534 Carol Ln

534 Carol Ln

APARTMENT HOUSE (UNDER 5 UNITS) • 5,464 SF
Value Estimation
$920,000
534 Carol Ln, Round Lake, IL 60073-2861
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61 Pne St

61 Pne St

APARTMENT HOUSE (UNDER 5 UNITS) • 10,836 SF
Value Estimation
$475,000
61 Pne St, Grayslake, IL 60030-1477
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149 Westerfield Pl

149 Westerfield Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 4,620 SF
Value Estimation
$435,000
149 Westerfield Pl, Grayslake, IL 60030-2366
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Lake County, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 131 apartment buildings for sale in Lake County, IL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 1,251,418 square feet of properties for sale, with an estimated market value of $40,327,550.

Prices for two-family homes in Lake County, IL start at $283,975, averaging $537,700, and reaching up to $2,360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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