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Channel Lake Multifamily Investment Property

26196-98 W Spring Grove Antioch, IL 60002

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

Type:Multifamily
Added:
May 14, 2026
Days on Market:
61
Last Refresh:
Jun 25 at 11:14 am

Property Features for 26196-98 W Spring Grove

General Information

Standard status
Active
Property subtype
Multifamily

Listing office EXP Realty

Listing date May 14, 2026

Source Crexi

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 EXP Realty


Investment Insights

Based on property information with market context.

This is an eight-unit multifamily property located on Channel Lake. The property features stable in-place income and proven occupancy. There is potential for increased income through adjustments to below-market rents. The property benefits from long-term tenancy and conservative rent growth. The property offers lakefront frontage and is offered at a price that reflects both cash flow and the underlying waterfront land value.

Key Highlights

  • Irreplaceable lakefront frontage
  • Stable in‑place income
  • Proven occupancy

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Building Supply Grocery & Convenience Store Furniture & Home Goods Bakery Garden Center Big Box & Wholesale Store Electrical Service Carpet & Flooring Store Grocery & Convenience Store Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Eight-unit multifamily property with lakefront frontage and income potential.
Where is this apartment building located?
The property is located at 26196-98 W Spring Grove Antioch, IL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Irreplaceable lakefront frontage; Stable in‑place income; Proven occupancy
Contact an agent
(630) 379-7464 Call to check price and availability
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