Channel Lake Multifamily Investment
For Sale
Contact for pricing
Pending
26196-98 W Spring Grove, Antioch, IL 60002
Eight-unit multifamily property with lakefront frontage and income potential.
Property SizeContact for details
Days on Market108
Property Features for 26196-98 W Spring Grove
General Information
Standard status
Pending
Total Parking Spaces
13
Property subtype
Multifamily
Occupancy
100%
Investment Type
Value Add
Building Details
Buildings
2
Units
8
Tenancy
Multi
Listing Agency:
EXP Realty
(630) 379-7464
Listed By:
Jake Fugman · License #IL 475.181407
Source:
Crexi
Added: May 14
Changed: Aug 8
Last Checked: Aug 5 at 10:32AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 60002, IL
24,086
Population
10,526
Households
2.3
Avg Household Size
42
Median Age
38%
College-Educated
95%
High-School Grad
33.3 sq mi
ZIP Area
723
Density / Sq Mi
$109,047
Median Household Income
$55,070
Median Earnings
$1,176
Median Rent
$287,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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
