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Arlington Heights, IL Multifamily Properties for Sale

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Chicago, IL Grandview, IL Southern View, IL

25 results

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Six-Unit Apartment Building with Upgrades

$399,900

4,500 SF

Six-Unit Apartment Building with Upgrades

824 E Ridgely Avenue, Springfield, IL 62702

Updated six-unit apartment building with expansion potential in Springfield, IL.

Six renovated units in a 4,500 sq ft apartment building
Additional parcel included, with potential to rebuild another six‑unit structure
Significant recent upgrades: new roof and siding (2021)
Multiple new HVAC systems and water heaters
Minimal initial maintenance required

Updated: May 1

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Springfield Multifamily Investment Opportunity

$749,800

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 monthly income.
Significant development potential on 6.5 acres with R3 zoning.
Opportunity to rebuild a multi‑unit structure (duplex previously existed).
Located in the desirable Springfield High School District.
Tenants pay electric and gas, reducing owner expenses.

Updated: Mar 4

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$294,900

3,200 SF

Brick Ranch Duplex in Springfield

Spacious duplex with garages, patios, and income potential.

80 CELESTE Court, Springfield, IL 62703

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Income-Producing Duplex in Springfield, IL

$185,000

0.16 Acres

Income-Producing Duplex in Springfield, IL

Well-maintained duplex with strong tenant appeal and convenient location.

141 N DOUGLAS 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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$300,000

Versatile Multifamily/Office Property in Springfield

Unique property near downtown Springfield, suitable for residential or commercial use.

1501 & 1505 S 5TH Street, Springfield, IL 62730

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$385,000

Springfield Multifamily Investment Opportunity

Six-unit complex with high occupancy and recent renovations.

629 W WASHINGTON Street, Springfield, IL 62702

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$99,900

Turnkey Duplex in Springfield, IL

Updated duplex with income potential and owner-occupant flexibility.

1901 S SPRING Street, 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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$250,000

Springfield Multifamily Investment Opportunity

Six-unit multifamily property near Lincoln Park, fully occupied.

524 E Ridgely Avenue, Springfield, IL 62702

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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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$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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Two Historic Springfield Office Buildings

$400,000

130,621 SF

Two Historic Springfield Office Buildings

Two-building office portfolio in Springfield's Capitol District.

424 S 5th St, Springfield, IL 62701

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Springfield Mixed-Use Investment Property

$123,000

0.27 Acres

Springfield Mixed-Use Investment Property

Four-unit, fully rented property with retail potential in Springfield, IL.

212 W LAUREL Street, Springfield, IL 62704

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Contact for pricing

Springfield Duplex: Renovation Opportunity

Duplex in Springfield, IL, ideal for renovation and income generation.

1935 S 5TH Street, Springfield, IL 62703

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Historic Ridgely Building Redevelopment Opportunity

Contact for pricing

57,185 SF

Historic Ridgely Building Redevelopment Opportunity

Twelve-story building suitable for office, retail, or multifamily redevelopment.

500 E Monroe St, Springfield, IL 62701

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$100,000

Duplex Lakefront Lot Opportunity

Desirable duplex lakefront lot in Rochester School District.

329-331 Harbor Point Place, Springfield, IL 62712

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$186,500

Springfield Duplex with Rental History

Duplex in Springfield with excellent rental history and tenants.

1137 N PARK Avenue, Springfield, IL 62702

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$135,000

840 SF

Two Houses on One Property

Two houses on one property, ideal for investors or multi-generational.

3324 S 2ND Street, Springfield, IL 62703

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Historic Springfield Mixed-Use Restoration Opportunity

$49,900

0.28 Acres

Historic Springfield Mixed-Use Restoration Opportunity

Historic mixed-use property near Lincoln's Home needing full restoration.

703 S 8TH Street, Springfield, IL 62703

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$150,000

Like New Springfield Duplex

Recently renovated duplex with new roof, plumbing, and electrical.

318 S STATE Street, Springfield, IL 62704

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$160,000

Springfield Multifamily Investment Opportunity

Six-unit, all-brick apartment building in Springfield, Illinois.

1546 E CORNELL Street, Springfield, IL 62703

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$72,000

0.29 Acres

Springfield, IL Land For Sale

Residential land available in Springfield, Illinois.

4614 Boone Drive, Springfield, IL 62711

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$72,000

Springfield, IL Land For Sale

Duplex property for sale in Springfield, Illinois.

4610 Boone Drive, Springfield, IL 62711

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Arlington Heights, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 72 multifamily properties for sale in Arlington Heights, IL, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 139,161 square feet of properties for sale, with an estimated market value of $1,229,800.

Sale prices for multifamily properties in Arlington Heights, IL start at $135,000, averaging $307,450, and reaching up to $400,000 — 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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Demographics Overview

Population 81K

Population Growth (5Y) +0.1%

Median Household Income $116,117

College Educated 54.8%

Taxes & Financing

Average Loan-to-Value 65.0%

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Arlington Heights, IL Multifamily Properties for Sale

Six-Unit Apartment Building with Upgrades

Updated six-unit apartment building with expansion potential in Springfield, IL.