Wonder Lake, IL Apartment buildings for sale

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

26198 W Spring Grove Road, Antioch, IL 60002

$895,000

0.45 AC lot

Eight-unit income property with direct lakefront frontage and tenant-paid utilities, offering a mix of unit sizes and established occupancy.

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Lakefront Tavern and Rental Units

139 Arthur Avenue, Fox Lake, IL 60020

$579,000

4,400 sqft

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

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Lakefront Multifamily Investment Opportunity

26198 W Spring Grove Road, Antioch, IL 60002

$895,000

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.

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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Wonder Lake, IL Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Wonder Lake, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $199,000.

Sale prices for two-family homes in Wonder Lake, IL start at $199,000, averaging $199,000, and reaching up to $199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60097	$199K

Neighborhood

Average Price

60097

$199K

Wonder Lake, IL Apartment Buildings for Sale

7165 Barnard Mill Road, Wonder Lake, IL 60097