Multifamily

Lake Zurich, IL Multifamily Properties for Sale

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Wauconda, IL Algonquin, IL Bartlett, IL
9 properties
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Two-Flat Duplex with Finished Basement
Updated: Jul 1
Two-Flat Duplex with Finished Basement

1000 Dundee Avenue, East Dundee, IL 60118

$390,000
Well‑maintained 2‑flat built in 1946 with aluminum siding and an asphalt roof
Each unit includes multiple bedrooms, plus additional flexible space from a finished basement
2‑car garage provides off‑street parking
Heating uses natural gas
Water is provided by a private well, with a city water hookup available at the street
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Duplex-Style Multi-Unit Residence
Updated: Mar 8
Duplex-Style Multi-Unit Residence

217 W Main Street, Lake Zurich, IL 60047

$1,499,999
Permit‑approved 2026 fully rebuilt residence across from Lake Zurich with lake‑adjacent access to the promenade and marina
3,435 sq ft home with 5 bedrooms and 4 bathrooms
Designed as two fully independent units with dual kitchens, laundry, and separate systems (convertible to single‑family)
Natural gas forced‑air heating; public water and public sewer
Aluminum siding exterior; owned parking
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Six-Unit All-Electric Multifamily Building
Six-Unit All-Electric Multifamily Building

75 N Lyle Avenue, Elgin, IL 60123

$930,000
0.27 AC lot

For sale six-unit multifamily building with all-electric setup, located on a small lot under MULTI zoning.

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Mixed-Use Building with Office Units
Mixed-Use Building with Office Units

215 S Northwest Highway, Barrington, IL 60010

$999,000
0.73 AC lot

Mixed-use building with nine office units and an approved second-floor residential conversion plan.

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Five-Unit Apartment Building
Five-Unit Apartment Building

316 Lawrence Avenue, Elgin, IL 60123

$500,000

Five-unit residential income building with a basement and attached 5-car garage, including recent roof and unit updates.

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Lake Zurich Mixed-Use Redevelopment
Lake Zurich Mixed-Use Redevelopment

Hoffman Estates, IL 60047

$1,400,000
1.45 AC lot

Mixed-use property in high-traffic area with redevelopment potential.

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Elgin Development Opportunity
Elgin Development Opportunity

880 Summit St, Elgin, IL 60120

$2,499,000
17,000 sqft

Approved for residential and retail development in Elgin, Illinois.

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Lake Zurich Redevelopment Opportunity
Lake Zurich Redevelopment Opportunity

898 S Rand Road, Lake Zurich, IL 60047

$1,400,000
6,259 sqft · 1.45 AC lot

Prime 1.45-acre site with mixed-use building for redevelopment.

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Spacious Duplex with Updated Unit
Spacious Duplex with Updated Unit

1583-1585 Sheffield Drive, Elgin, IL 60123

$489,900

Large side-by-side duplex with updated unit, near park.

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Based on your search, we've compiled 57 Potential Opportunities for your consideration. Besides 9 Active listings in Lake Zurich, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 40 Off-Market properties to explore as potential leads, 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.

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24-Unit Multifamily Property For Sale
24-Unit Multifamily Property For Sale

2460 Leslie Ln, Hanover Park, IL 60133

$3,200,000

Well-maintained 24-unit multifamily property in Hanover Park, Illinois.

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Hanover Park Multifamily Investment Opportunity
Hanover Park Multifamily Investment Opportunity

2460 Leslie Ln, Hanover Park, IL 60133

$3,200,000

24-unit multifamily property in Hanover Park, Illinois for sale.

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Seven-Cottage Residential Income Property
Seven-Cottage Residential Income Property

320-380 Highland Avenue, Algonquin, IL 60102

Contact for pricing
1.45 AC lot

Seven distinct cottages on a wooded parcel with Fox River views, offering an investor-oriented multifamily configuration.

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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.

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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.

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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.

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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.

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Off-Market Properties in Lake Zurich, IL

Consider similar Off-Market properties in Lake Zurich, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3 Old Rand Rd
Individual retail properties

3 Old Rand Rd, Lake Zurich, IL 60047

Value Estimation by Request
6,685 sqft
View details
240 Whitney Rd Lot, Unit 9
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-2299

Unit 9
Value Estimation by Request
257.48 AC lot
View details
240 Whitney Rd Lot, Unit 8
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-2299

Unit 8
Value Estimation by Request
View details
240 Whitney Rd Lot, Unit 7
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-2299

Unit 7
Value Estimation by Request
View details
240 Whitney Rd Lot, Unit 6
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-2299

Unit 6
Value Estimation by Request
View details
240 Whitney Rd Lot, Unit 5
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-2299

Unit 5
Value Estimation by Request
View details
240 Whitney Rd Lot, Unit 40
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-7020

Unit 40
Value Estimation by Request
View details
240 Whitney Rd Lot, Unit 4
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-2299

Unit 4
Value Estimation by Request
View details
240 Whitney Rd Lot, Unit 39
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-7020

Unit 39
Value Estimation by Request
View details
240 Whitney Rd Lot, Unit 38
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-7020

Unit 38
Value Estimation by Request
View details
240 Whitney Rd Lot, Unit 37
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-7020

Unit 37
Value Estimation by Request
View details
240 Whitney Rd Lot, Unit 36
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-7006

Unit 36
Value Estimation by Request
0.07 AC lot
View details
240 Whitney Rd Lot, Unit 35
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-7006

Unit 35
Value Estimation by Request
View details
240 Whitney Rd Lot, Unit 34
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-7006

Unit 34
Value Estimation by Request
View details
240 Whitney Rd Lot, Unit 32
MOBILE HOME PARK, TRAILER PARK

240 Whitney Rd Lot, Lake Zurich, IL 60047-7006

Unit 32
Value Estimation by Request
View details

Lake Zurich, IL Multifamily Properties Market Trends and Statistics

Explore 49 multifamily properties for sale in Lake Zurich, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 23,259 square feet of properties for sale, with an estimated market value of $3,899,000.

Sale prices for multifamily properties in Lake Zurich, IL start at $1,400,000, averaging $1,949,500, and reaching up to $2,499,000 — 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 2
Duplexes 1

Demographics Overview

Population 44K
Population Growth (5Y) +3.4%
Median Household Income $173,043
College Educated 48.7%

High-Yield Neighborhoods for Investment

Identify Lake Zurich submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60047 $1.4M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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