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    Fox River Grove, IL
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    Fox River Grove, IL Multifamily Properties for Sale

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    Cary, IL Lake Barrington, IL Barrington, IL
    Mixed-Use Building with Owner Financing
    Updated: Apr 9, 2025
    Mixed-Use Building with Owner Financing

    700 Northwest Highway, Fox River Grove, IL 60021

    $790,000
    4,428 sqft · 0.50 AC lot
    Owner financing available.
    Versatile mixed‑use building with retail, warehouse/garage, and residential apartments.
    Fully equipped 2,400 sqft restaurant/bar with 81' frontage, including pizza oven, hood system, and walk‑in cooler.
    Three residential apartments: two 2‑bed/1‑bath and one 1‑bed/1‑bath.
    1,400 sqft warehouse/garage area with additional 1‑bed/1‑bath apartment.
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    This listing looks promising.

    Here's a quick look at some key insights for

    700 Northwest Highway, Fox River Grove, IL 60021

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $46K
      Annual

    • Price @ 7% Cap

      $655K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Fox River Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Cottages with Fox River Views
    Cottages with Fox River Views

    320-380 Highland Avenue, Algonquin, IL 60102

    $900,000
    1.40 AC lot

    Seven unique cottages on a wooded parcel offer Fox River views for residential income in a MULTI-zoned setting.

    View details
    Historic Algonquin Office Building For Sale
    Historic Algonquin Office Building For Sale

    329 Jefferson Street, Algonquin, IL 60102

    $280,000
    0.16 AC lot

    Two-unit commercial office building in Algonquin's historic district.

    View details
    Spacious Duplex in Desirable Community
    Spacious Duplex in Desirable Community

    627 Chardonnay Lane, Crystal Lake, IL 60014

    $585,000
    3,000 sqft

    Well-maintained duplex with investment potential in Crystal Lake, Illinois.

    View details
    Crystal Lake Two-Unit Investment Property
    Crystal Lake Two-Unit Investment Property

    40 S WALKUP Avenue, Crystal Lake, IL 60014

    $321,815
    0.27 AC lot

    Two-unit property near downtown Crystal Lake amenities and transportation.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details
    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details
    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

    View details
    Recreational Land Bordering National Forest
    Recreational Land Bordering National Forest

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    RV recreational lot bordering Manistee National Forest.

    View details

    Fox River Grove, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Fox River Grove, IL on our real estate platform. These investment opportunities span a total of 4,428 square feet of properties for sale, with an estimated market value of $790,000.

    Sale prices for multifamily properties in Fox River Grove, IL start at $790,000, averaging $790,000, and reaching up to $790,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 5,108
    Population Growth (5Y) -7.9%
    Median Household Income $122,005
    College Educated 55.2%

    High-Yield Neighborhoods for Investment

    Identify Fox River Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60021 $790K

    Taxes & Financing

    Tax Rate (average for all types) 10.46%
    Property Tax per SF $77.38 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McHenry County

    New Delisted

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