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    Turnkey Six-Unit Multifamily
    Updated: Nov 6, 2024
    Turnkey Six-Unit Multifamily

    1542 Victoria Avenue, North Chicago, IL 60064

    $1,289,900
    9,495 sqft
    Fully renovated 6‑unit multifamily property professionally rebuilt from the studs up
    All‑new plumbing with new drain and copper water lines plus two 50‑gallon water heaters (2024)
    New electrical throughout, including conduit, wiring, individual metering, and updated service panels/circuit breakers in each unit
    HVAC replaced with six new gas furnaces, A/C units, ductwork, thermostats, plus seven new gas meters
    Exterior and interiors updated: new roof, gutters, fascia/soffits, energy‑efficient windows, new kitchens with stainless appliances, and LVP flooring
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in North Chicago, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, 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.

    Multifamily Apartment Building with Balconies
    Multifamily Apartment Building with Balconies

    1875 N Green Lane N, Palatine, IL 60074

    $999,000
    0.06 AC lot

    Spacious 2- and 1-bath units with balconies, with association-managed site services and plenty of parking.

    View details
    Sandpebble Walk Condo with Balcony
    Sandpebble Walk Condo with Balcony

    1550 Sandpebble Drive #307, Wheeling, IL 60090

    $215,000
    1,280 sqft

    Spacious 2-bedroom condo with balcony and community amenities.

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    All-Brick Six-Unit Multifamily Building
    All-Brick Six-Unit Multifamily Building

    269 7th Street, Wheeling, IL 60090

    Contact for pricing

    All-brick six-unit building with three 2-bedroom and three 1-bedroom units, all currently occupied.

    View details
    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.

    View details

    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.

    Retail-Zoned Development Land Opportunity
    Retail-Zoned Development Land Opportunity

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

    View details
    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.

    View details
    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.

    View details
    Greenville Development Opportunity: 1.33 Acres
    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.

    View details

    Off-Market Properties in North Chicago, IL

    Consider similar Off-Market properties in North Chicago, 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.

    1111 Broadway Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1111 Broadway Ave, North Chicago, IL 60064-2726

    $1,365,000
    Estimated value
    5,751 sqft 0.18 AC lot
    View details
    2400 24th Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    2400 24th Pl, North Chicago, IL 60064-3025

    $685,000
    Estimated value
    11,340 sqft 0.30 AC lot
    View details
    1521 Broadway Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1521 Broadway Ave, North Chicago, IL 60064-2733

    Value Estimation by Request
    5,043 sqft 0.36 AC lot
    View details

    North Chicago, IL Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in North Chicago, IL on our real estate platform. These investment opportunities span a total of 9,495 square feet of properties for sale, with an estimated market value of $1,289,900.

    Sale prices for two-family homes in North Chicago, IL average $1,289,900 — 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 29K
    Population Growth (5Y) +4.3%
    Median Household Income $55,730
    College Educated 13.9%

    High-Yield Neighborhoods for Investment

    Identify North Chicago submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60064 $1.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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