Spring Grove, IL Apartment buildings for sale

Updated: Apr 12

Five-Unit Apartment Building

38185 N State Park Rd, Spring Grove, IL 60081

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Fully leased 5‑unit building with a unit mix of two 4‑bed units, one 3‑bed, one 2‑bed, and one 1‑bed unit
Separate 3‑car garage plus a circle drive with plenty of parking
Huge basement includes a laundry room and large storage room
Tenants pay their own electric service
Currently on well & septic; public water and sewer hookups are available

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Spring 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.

Lakefront Tavern and Apartment Property

137-139 Arthur Avenue, Fox Lake, IL 60020

$579,000

0.31 AC lot

Vacant, lakefront mixed-use site with a former tavern and seven apartments, including piers and deck space.

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Lakefront Tavern and Rental Units

139 Arthur Avenue, Fox Lake, IL 60020

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4,400 sqft

Lakefront property combining a former tavern space with seven rental units in Fox Lake.

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Lakefront Apartment Building

26198 W Spring Grove Road, Antioch, IL 60002

$895,000

0.45 AC lot

An 8-unit apartment building with direct lakefront frontage on Channel Lake, including a standalone brick cottage.

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Lakefront Multifamily Investment Opportunity

26198 W Spring Grove Road, Antioch, IL 60002

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Eight-unit multifamily property with lake frontage and income potential.

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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

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

$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

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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Spring Grove, IL Apartment Buildings for Sale

38185 N State Park Rd, Spring Grove, IL 60081