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Arlington Heights, IL Multifamily Properties for Sale

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Springfield Multifamily Investment Opportunity

$799,800

6.60 Acres

Springfield Multifamily Investment Opportunity

2510 & 2518 W JEFFERSON Street, Springfield, IL 62702

Fully occupied 10-unit property on 6.5 acres with development potential.

Fully occupied 10‑unit property generating $7,965 in monthly income
Significant development potential on 6.5 acres with R3 zoning
Located in the desirable Springfield High School District
Opportunity to rebuild an additional multi‑unit structure (duplex previously existed)
Tenants pay for electric and gas, reducing owner expenses

Updated: Mar 4

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$675,000

Furnished Historic Apartment Building Investment

520 E S Grand Avenue, Springfield, IL 62703

Turnkey, furnished 12-unit apartment building with income potential.

Listed under appraised value, presenting an immediate investment advantage.
Turnkey investment with 12 fully furnished 1‑bedroom units, ready for immediate rental income.
Recent upgrades in select units (2025) including new furnishings, modern cabinetry, updated appliances, and refreshed bathrooms.
Historic brick building with newer windows and roof (approx. 2016) ensuring durability and energy efficiency.
Each unit is move‑in ready with complete furniture package, kitchen essentials, and flat‑screen TVs.

Updated: Jan 4

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$675,000

Furnished Historic Apartment Building Investment

Well-maintained, fully furnished 12-unit building in Springfield, Illinois.

520 E S Grand Avenue, Springfield, IL 62703

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$965,000

Renovated Multifamily Asset in Springfield

19-unit multifamily property with renovated units and value-add potential.

1025 S 5TH Street, Springfield, IL 62703

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$107,000

Income-Producing Duplex in Springfield, IL

Two single-family homes on one lot, generating consistent cash flow.

432 N DANIELS Avenue, Springfield, IL 62702

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$250,000

Updated Duplex in Downtown Springfield

Two-unit property with modern updates and downtown convenience.

910 S 2ND Street, Springfield, IL 62704

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$599,900

0.48 Acres

Springfield Multifamily Investment Opportunity

Well-maintained 8-unit apartment complex near Medical District.

2875 TAYLOR Avenue, Springfield, IL 62703

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$150,000

Springfield Duplex Near Medical Center

Income-generating duplex near Memorial Medical Center and SIU School of Medicine.

1038 N 1ST Street, Springfield, IL 62702

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$325,000

Springfield Commercial Property with Apartments

Commercial building with office suites and apartments in central location.

983 Clocktower Drive, Springfield, IL 62704

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$425,000

Springfield Multifamily Property For Sale

Four-unit multifamily property with updated interiors and detached garages.

1736-1740 S PARK Avenue, Springfield, IL 62704

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Historic Springfield Mixed-Use Restoration Opportunity

$89,500

0.28 Acres

Historic Springfield Mixed-Use Restoration Opportunity

Historic 3-story building near Lincoln's Home, ideal for restoration.

703 S 8TH Street, Springfield, IL 62703

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$160,000

Three Unit Investment Opportunity

Affordable three-unit property in Springfield, Illinois, perfect for rental portfolio.

817 E Stanford Avenue, Springfield, IL 62704

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$240,000

Fully Occupied Springfield 4-Plex

Stable, cash-flowing investment property in central Springfield.

821 S Pasfield Street, Springfield, IL 62704

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$99,900

Springfield Duplex Near Medical District

Move-in ready duplex in Springfield, ideal for investment.

1224 N RUTLEDGE Street, Springfield, IL 62702

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$225,000

Springfield Multi-Unit Investment Opportunity

Ten-unit brick ranch property in Springfield, Illinois for sale.

1901 S 1ST Street, Springfield, IL 62704

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$55,000

Springfield Two-Unit Income Property

Two-unit property near downtown Springfield, ideal for investors or owner-occupants.

1510 S 6TH Street, Springfield, IL 62703

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$69,900

Springfield Duplex: Investment Opportunity

Centrally located duplex in Springfield, Illinois with strong rental history.

1801 S 1ST Street, Springfield, IL 62704

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Contact for pricing

Springfield Duplex Investment Opportunity

Duplex in need of renovation with income potential.

1935 S 5TH Street, Springfield, IL 62703

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$399,000

Springfield Multifamily Investment Opportunity

Six-unit apartment building near downtown Springfield.

102 W Scarritt Street, Springfield, IL 62704

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$139,751

Turnkey Duplex Investment Opportunity

Fully furnished duplex operating as a high-performing short-term rental.

615 S English Avenue, Springfield, IL 62704

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$94,900

Springfield Multifamily Property with Income

Multifamily property in Springfield, IL with excellent cash flow.

2700 S STATE Street, Springfield, IL 62704

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$849,900

Well-Maintained Apartment Complex Investment

Turnkey 12-unit apartment complex in excellent location.

2309 W LAWRENCE Avenue, Springfield, IL 62704

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$225,000

Income-Producing Duplex Near Downtown

Well-maintained duplex near downtown Springfield, ideal for investors or owner-occupants.

811 W Governor Street, Springfield, IL 62704

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$119,900

Triplex Investment Opportunity in Springfield

Triplex in Harvard Park with income potential.

2339 S 10TH Street, Springfield, IL 62703

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Arlington Heights, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 41 multifamily properties for sale in Arlington Heights, IL, showcased through 41 active listings on our real estate platform. These investment opportunities span a total of 876,416 square feet of properties for sale, with an estimated market value of $40,125,000.

Sale prices for multifamily properties in Arlington Heights, IL start at $300,000, averaging $835,937, and reaching up to $3,855,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Arlington Heights, IL Multifamily Properties for Sale

Springfield Multifamily Investment Opportunity

Fully occupied 10-unit property on 6.5 acres with development potential.

Furnished Historic Apartment Building Investment

Turnkey, furnished 12-unit apartment building with income potential.

Furnished Historic Apartment Building Investment

Renovated Multifamily Asset in Springfield