Lakefront Apartment
For Sale
Under Contract
$895,000
26198 W Spring Grove Road, Antioch, IL 60002
MULTI_FAMILY - Antioch, IL
Lot Size0.45 Acres
Days on Market11
Property Features for 26198 W Spring Grove Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
14
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 6, Bedroom 4, Bedroom 8, Bathroom 8, Bedroom 14, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 11, Bathroom 7, Bedroom 2, Bedroom 5, Basement, Bedroom 12, Bedroom 10, Bedroom 13, Bedroom 3, Bedroom 9, Bedroom 7, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 6
Fireplace
1
Basement
Unfinished
Directions
173 and 59 West to Maple, Right to Spring Grove Rd, Left to property (no sign on property)
Subdivision
Antioch
Standard status
Active Under Contract
APN
01114060240000
Lot size
0.45 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
17672
Utilities
Sewer type
Septic Tank
Cooling system
Window Unit(s)
Water source
Well
Building Details
Year built
1930
Floors in Building
2
Number of units
8
Building materials
Stone, Wood, Vinyl Siding, Stucco
Roof type
Composition
Listing Agency:
eXp Realty
(888) 574-9405
Listed By:
Michael Scanlon · License #475188240
(888) 574-9405
Added: Jul 21
Changed: Jul 31
Last Checked: Jul 31 at 11:06PM
MLS# 12711070
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Lakefront apartment building with 8 units on Channel Lake, configured as 2 three-bedroom units, 2 two-bedroom units, and 4 one-bedroom units, plus a standalone brick cottage. The property sits on a 0.45-acre site and includes a spacious backyard with mature trees. Construction materials include stone, wood, vinyl siding, and stucco. The home is heated and cooled with window unit(s), and a fireplace is present.
Water source is provided by a well and wastewater is handled by a septic tank. Tenant-paid utilities are in place: tenants are responsible for their own electric, and tenants contribute a set amount toward heat from November through April. The standalone brick cottage is responsible for both heat and electric. Built in 1930 with a composition roof, the property includes direct lakefront frontage with 140 feet of Lake Catherine shoreline.
The layout supports long-term tenancy with a mix of unit sizes for varied household needs, complemented by the private outdoor setting and cottage-style unit option.
Water source is provided by a well and wastewater is handled by a septic tank. Tenant-paid utilities are in place: tenants are responsible for their own electric, and tenants contribute a set amount toward heat from November through April. The standalone brick cottage is responsible for both heat and electric. Built in 1930 with a composition roof, the property includes direct lakefront frontage with 140 feet of Lake Catherine shoreline.
The layout supports long-term tenancy with a mix of unit sizes for varied household needs, complemented by the private outdoor setting and cottage-style unit option.
Key Highlights
- 8‑unit apartment building with 140 feet of Lake Catherine shoreline on Channel Lake
- Unit mix: 2 three‑bedroom, 2 two‑bedroom, and 4 one‑bedroom units
- Standalone brick cottage on‑site; tenants pay electric and contribute to heat Nov–Apr
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Paved road access
Yes
Utilities to site
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 - An 8-unit apartment building with direct lakefront frontage on Channel Lake, including a standalone brick cottage.
Where is this apartment building located?
The property is located at 26198 W Spring Grove Road 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: 8‑unit apartment building with 140 feet of Lake Catherine shoreline on Channel Lake; Unit mix: 2 three‑bedroom, 2 two‑bedroom, and 4 one‑bedroom units; Standalone brick cottage on‑site; tenants pay electric and contribute to heat Nov–Apr
