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    Gurnee, IL Multifamily Properties for Sale

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    Waukegan, IL Park City, IL North Chicago, IL
    Gurnee Duplex: Investment Opportunity
    $438,000
    0.29 Acres

    Gurnee Duplex: Investment Opportunity

    855 Belle Plaine Avenue, Gurnee, IL 60031

    Well-maintained duplex in Gurnee with income potential.

    • Strong income potential with long‑term tenant paying $1,800/month through 8/31/2026.
    • Recent exterior updates including new siding, roof, flashing, gutters, and windows.
    • Second unit offers flexibility for owner‑occupancy or additional rental income.
    • Convenient location minutes from Route 41 and I‑94, with easy access to amenities.
    • Both units have private entrances, garages, basements, and decks.
    Updated: May 21
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Gurnee, 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.

    North Chicago Multifamily Investment Opportunity
    $219,000
    0.13 Acres

    North Chicago Multifamily Investment Opportunity

    Two-unit property with reliable tenants and recent rehab.

    822 11th Street, North Chicago, IL 60064
    View details
    Updated Waukegan Two-Flat Investment Property
    $330,000
    0.13 Acres

    Updated Waukegan Two-Flat Investment Property

    Updated two-flat in Waukegan with rental income potential.

    2511 Western Avenue, Waukegan, IL 60087
    View details
    North Chicago Multifamily Property
    $269,900
    0.15 Acres

    North Chicago Multifamily Property

    Two-unit property with finished attic and basement, fenced yard.

    1025 Lincoln Street, North Chicago, IL 60064
    View details
    Storefront and Two-Flat Building
    $460,000

    Storefront and Two-Flat Building

    Two buildings: storefront and two-flat, ample parking.

    1809 Washington Street, Waukegan, IL 60085
    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.

    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details
    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
    View details
    Residential Land in Riverdale
    Contact for pricing
    0.67 Acres

    Residential Land in Riverdale

    Vacant residential land suitable for building or mobile home placement.

    TBD N Lumberjack Road, Riverdale, MI 48877
    View details
    Recreational Land in Gated Community
    $44,000
    0.75 Acres

    Recreational Land in Gated Community

    0.75-acre lot with hookups in White Birch Lakes Association.

    4537 Pine Run, Farwell, MI 48622
    View details

    Gurnee, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Gurnee, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $438,000.

    Sale prices for multifamily properties in Gurnee, IL start at $438,000, averaging $438,000, and reaching up to $438,000 — 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

    Duplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Gurnee fall within the 50,000 to 100,000 square foot range.

    Demographics Overview

    Population 37K
    Population Growth (5Y) +0.1%
    Median Household Income $114,008
    College Educated 73.2%

    Taxes & Financing

    Average Loan-to-Value 65.0%

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