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Two-Unit Duplex With Separate Entrances
For Sale
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23761 N Cottage Road, Lake Zurich, IL 60047

Flexible two-level configuration with private kitchens, bedrooms, bathrooms, and shared laundry facilities.

Property SizeContact for details
Days on Market140

Property Features for 23761 N Cottage Road

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2

Amenities

lake access
parks
playgrounds
community center
year-round family events
washer/dryer
Listing Agency: Keller Williams Preferred Rlty
Listed By: Jamie Lemmons-Svoboda · License #475162394
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 8:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Preferred Rlty

Investment Insights

Based on property information with market context.

This duplex offers two distinct living arrangements within one residential property. The main level includes two bedrooms, a full bathroom, and living space, while the upper level has its own entrance, kitchen, two bedrooms, and one bathroom. The separate-entry layout supports independent occupancy between the levels.

A basement laundry area with a washer and dryer serves the property. Ownership includes membership in the Forest Lake Community Association, with access to the lake, parks, playgrounds, community center, and year-round family events. The property is located at 23761 N Cottage Road in Lake Zurich, Illinois.

Key Highlights

  • Two‑unit duplex with separate living areas
  • Main level includes 2 bedrooms and a full bathroom
  • Upper level has a separate entrance, kitchen, 2 bedrooms, and 1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Bakery Furniture & Home Goods Carpet & Flooring Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

Demographics for 60047, IL

43,944
Population
15,877
Households
2.8
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,259
Density / Sq Mi
$173,043
Median Household Income
$82,803
Median Earnings
$1,817
Median Rent
$510,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Flexible two-level configuration with private kitchens, bedrooms, bathrooms, and shared laundry facilities.
Where is this duplex located?
The property is located at 23761 N Cottage Road Lake Zurich, IL.
What are key features of this property?
This property features: Two‑unit duplex with separate living areas; Main level includes 2 bedrooms and a full bathroom; Upper level has a separate entrance, kitchen, 2 bedrooms, and 1 bath
(708) 798-1111 Call to check price and availability
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