Mchenry County, IL Apartment buildings for sale

Updated: Apr 9, 2025

Mixed-Use Building with Owner Financing

700 Northwest Highway, Fox River Grove, IL 60021

$790,000

4,428 sqft · 0.50 AC lot

Owner financing available.
Versatile mixed‑use building with retail, warehouse/garage, and residential apartments.
Fully equipped 2,400 sqft restaurant/bar with 81' frontage, including pizza oven, hood system, and walk‑in cooler.
Three residential apartments: two 2‑bed/1‑bath and one 1‑bed/1‑bath.
1,400 sqft warehouse/garage area with additional 1‑bed/1‑bath apartment.

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This listing looks promising.

Here's a quick look at some key insights for

700 Northwest Highway, Fox River Grove, IL 60021

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Est. Cap Rate

5.8%
NOI ÷ price
Est. NOI

$46K
Annual
Price @ 7% Cap

$655K
Suggested

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Updated: Oct 2, 2025

Wonder Lake Commercial Opportunity

7165 Barnard Mill Road, Wonder Lake, IL 60097

$199,000

0.55 AC lot

Zoned for Business with potential for apartment house conversion (with proper design).
Two‑story office building included in the sale.
Two of the three units in a separate single‑story building are included.
Multiple electric panels (4) and meters (6) present.
Seller states gravel exists under the grass in front for parking.

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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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Seven-Cottage Residential Income Property

320-380 Highland Avenue, Algonquin, IL 60102

Contact for pricing

1.45 AC lot

Seven distinct cottages on a wooded parcel with Fox River views, offering an investor-oriented multifamily configuration.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Mchenry County, IL, we suggest exploring several alternatives: similar 5 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.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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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

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

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

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

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Off-Market Properties in Mchenry County, IL

Consider similar Off-Market properties in Mchenry 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.

APARTMENT HOUSE (5+ UNITS)

5313 Grouse Ln, Richmond, IL 60071-9257

$530,000

Estimated value

0.34 AC lot

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Multifamily properties

604 Grant Hwy, Marengo, IL 60152

Value Estimation by Request

49,680 sqft · 2.42 AC lot

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Residential income properties

265 Stonegate Rd, Algonquin, IL 60102

Value Estimation by Request

2,476 sqft · 1.30 AC lot

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Multifamily properties

109 Cary St, Cary, IL 60013

Value Estimation by Request

3,668 sqft · 0.13 AC lot

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Multifamily properties

9260 Haligus Rd, Lake In The Hills, IL 60156

Value Estimation by Request

2.77 AC lot

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Mchenry County, IL Apartment Buildings Market Trends and Statistics

Explore 9 apartment buildings for sale in Mchenry County, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,428 square feet of properties for sale, with an estimated market value of $790,000.

Sale prices for two-family homes in Mchenry County, IL start at $790,000, averaging $790,000, and reaching up to $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.

Mchenry County, IL Apartment Buildings for Sale

700 Northwest Highway, Fox River Grove, IL 60021

7165 Barnard Mill Road, Wonder Lake, IL 60097

320-380 Highland Avenue, Algonquin, IL 60102

320-380 Highland Avenue, Algonquin, IL 60102