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    Lake County, IL Multifamily Properties for Sale

    39 results
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    Waterfront Cottages on Loon Lake
    $299,000
    0.19 Acres

    Waterfront Cottages on Loon Lake

    40286 West Shore Dr, Antioch, IL 60002

    Rare waterfront property with three cottages and income potential.

    • Rare waterfront property on Loon Lake featuring three cottages.
    • Excellent income potential through cottage rentals.
    • Ideal family retreat with shared space and individual privacy.
    • Low annual HOA includes access to communal park and boat pier.
    • Loon Lake is renowned for exceptionally clear water, perfect for boating and fishing.
    Updated: Jan 3
    View details
    North Chicago Turnkey Multi-Unit Building
    $425,000
    0.28 Acres

    North Chicago Turnkey Multi-Unit Building

    2137 Dickey Ave, North Chicago, IL 60064

    Rare, well-kept 4-unit building with income and upside potential.

    • Turnkey 4‑unit building in North Chicago, ready for immediate occupancy or rental.
    • Two vacant units are primed for market rent ($1,000-$1,100), providing immediate cash flow and upside potential.
    • Projected ~9% cap rate at full occupancy.
    • All units are 2 bed/1 bath apartments in great condition.
    • Suitable for investors or 'house hackers'.
    Updated: Jan 2
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    North Chicago Four-Unit Apartment Building
    Contact for pricing

    North Chicago Four-Unit Apartment Building

    Four-unit apartment building in North Chicago, ideal for investors.

    417 10Th St, North Chicago, IL 60064
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    Renovated Duplex in Quiet Neighborhood
    $379,900

    Renovated Duplex in Quiet Neighborhood

    Vacant, renovated duplex with finished basement and large yard.

    2504 9Th Pkwy, Waukegan, IL 60085
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    Mixed-Use Building on Hwy 45
    $549,900
    0.29 Acres

    Mixed-Use Building on Hwy 45

    Versatile commercial/residential building in high-visibility location on Hwy 45.

    33125 N Us Highway 45, Grayslake, IL 60030
    View details
    Waukegan Two-Unit Income Property
    $260,000
    0.12 Acres

    Waukegan Two-Unit Income Property

    Two-unit building with income potential in Waukegan, Illinois.

    832 Lenox Ave, Waukegan, IL 60085
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    Brick Duplex in Zion
    $240,000

    Brick Duplex in Zion

    Well-maintained brick duplex, great investment opportunity, new roof.

    2311 Elisha Ave, Zion, IL 60099
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    Waukegan Two-Unit Property For Sale
    $260,000
    0.17 Acres

    Waukegan Two-Unit Property For Sale

    Well-maintained two-unit property with a detached two-car garage.

    920 Adams St, Waukegan, IL 60085
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    Two Homes on One Lot
    $239,900
    0.11 Acres

    Two Homes on One Lot

    Unique investment opportunity with two homes on one lot.

    515 May St, Waukegan, IL 60085
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    Lake Marie Lakefront Investment Property
    $899,000
    0.39 Acres

    Lake Marie Lakefront Investment Property

    Two rental units with 115 feet of Lake Marie frontage.

    26048 W Forest Ave, Antioch, IL 60002
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    Turnkey Multifamily Property, North Chicago
    $1,289,900
    0.21 Acres

    Turnkey Multifamily Property, North Chicago

    Fully renovated 6-unit building with a 9% cap rate.

    1542 Victoria Ave, North Chicago, IL 60064
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    Multifamily Property with Parking Lot
    $329,975
    0.08 Acres

    Multifamily Property with Parking Lot

    Multifamily property with five units and parking lot.

    724 10Th St, Waukegan, IL 60085
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    Antioch Multifamily Investment Opportunity
    $900,000

    Antioch Multifamily Investment Opportunity

    Six-unit brick building with updated features and long-term tenants.

    431 Filweber Ct, Antioch, IL 60002
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    Mixed-Use Property in Business District
    $283,975
    0.08 Acres

    Mixed-Use Property in Business District

    Mixed-use property with retail storefront and apartments in Waukegan.

    726 10Th St, Waukegan, IL 60085
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    Mixed-Use Building in Waukegan
    $449,900
    0.15 Acres

    Mixed-Use Building in Waukegan

    Mixed-use brick building with restaurant and apartments in Waukegan.

    818 10Th St, Waukegan, IL 60085
    View details
    Well-Maintained Duplex on Corner Lot
    $250,000

    Well-Maintained Duplex on Corner Lot

    Solid brick duplex, ideal for investors or owner-occupants.

    3244 Elisha Ave, Zion, IL 60099
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    Waukegan Residential Income Opportunity
    $309,900

    Waukegan Residential Income Opportunity

    Two-unit property with spacious units and garage on corner lot.

    1525 North Ave, Waukegan, IL 60085
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    Waukegan Residential Income Property
    $325,000

    Waukegan Residential Income Property

    Well-maintained two-unit residential income property in Waukegan, Illinois.

    600 Sunderlin St, Waukegan, IL 60085
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    Residential Income Property in Zion
    $180,000

    Residential Income Property in Zion

    Two-unit residential income property with detached garage in Zion, Illinois.

    2609 Gilboa Ave, Zion, IL 60099
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    Fox Lake Waterfront Multi-Unit Property
    $549,873
    0.24 Acres

    Fox Lake Waterfront Multi-Unit Property

    Multi-unit property with 40 feet of lake frontage.

    50 N Lk Ave, Fox Lake, IL 60020
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    New Two-Story Duplex in Volo
    $336,490

    New Two-Story Duplex in Volo

    New construction duplex with modern amenities in a walkable neighborhood.

    259 Red Oak Cir, Volo, IL 60020
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    North Chicago Residential Income Property
    $269,900
    0.15 Acres

    North Chicago Residential Income Property

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

    1025 Lincoln St, North Chicago, IL 60064
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    North Chicago Income Property
    $259,900
    0.07 Acres

    North Chicago Income Property

    Spacious two-unit property near the Navy base.

    706 Broadway Ave, North Chicago, IL 60064
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    Waukegan Four-Unit Income Property
    $320,000
    0.08 Acres

    Waukegan Four-Unit Income Property

    Well-maintained four-unit building in Waukegan, ideal for investment or owner-occupancy.

    613 Washington St, Waukegan, IL 60085
    View details

    Lake County, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 2147 multifamily properties for sale in Lake County, IL, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 6,651,527,243 square feet of properties for sale, with an estimated market value of $155,065,123.

    Prices for multifamily properties in Lake County, IL start at $150,000, averaging $382,876, and reaching up to $2,360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Multifamily properties by market

    Browse Multifamily properties for Sale Near Lake, IL

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