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Lemont, IL Multifamily Properties for Sale

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Versatile Lemont 2-Flat For Sale
$439,000
0.13 Acres

Versatile Lemont 2-Flat For Sale

16 E Illinois Street, Lemont, IL 60439

Well-maintained 2-flat in historic Lemont with income potential.

  • Strong income potential as a 2‑flat property, ideal for investors or owner‑occupants.
  • Prime location: walking distance to train, dining, and shopping in historic Lemont.
  • Flexible living options: suitable for multi‑generational living or a 'live in one, rent the other' strategy.
  • Each unit features 3 bedrooms, 1 full bath, eat‑in kitchen, living room, formal dining room and in‑unit laundry.
  • Recent updates: Newer windows and roof; boiler replaced in 2023.
Updated: Feb 26
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Based on your search, we've compiled 141 Potential Opportunities for your consideration. Besides 1 Active listings in Lemont, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 132 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Turn-Key Banquet Hall with Apartments
$1,049,000
0.51 Acres

Turn-Key Banquet Hall with Apartments

Mixed-use building with banquet hall and apartments near Chicago.

10140 S Roberts Road, Palos Hills, IL 60465
View details
Downtown Lockport Mixed-Use Investment
$2,000,000
13,541 SF

Downtown Lockport Mixed-Use Investment

Historic mixed-use property with retail and residential income.

1100 S State St, Lockport, IL 60441
View details
First Floor Condo with Garage
$265,000
1,600 SF

First Floor Condo with Garage

Three-bedroom condo with screened porch, garage, and community amenities.

9198 South Road #A, Palos Hills, IL 60465
View details
Downtown Lockport Investment Opportunity
$1,749,900

Downtown Lockport Investment Opportunity

New construction mixed-use property in prime downtown location.

1016 S State St, Lockport, IL 60441
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.

Downtown Lemont Vacant Land Parcel
$799,000
0.38 Acres

Downtown Lemont Vacant Land Parcel

Rare vacant land parcel in downtown Lemont, ideal for development.

523 Talcott Avenue, Lemont, IL 60439
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Commercial Land Development Opportunity
$489,000
0.99 Acres

Commercial Land Development Opportunity

Premier commercial land in fast-growing district near I-355.

15500 E 127th St, Lemont, IL
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Centennial Plaza Outlot Opportunity
$1,500,000
0.55 Acres

Centennial Plaza Outlot Opportunity

Outlot at 100% occupied, jewel-anchored Centennial Plaza.

1240 State St, Lemont, IL
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Centennial Plaza Ground Lease Opportunity
$1,500,000

Centennial Plaza Ground Lease Opportunity

Ground lease opportunity in Lemont's prime retail corridor.

1264 State St, Lemont, IL 60439
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Explore Off-Market Properties in Lemont, IL

Consider similar Off-Market properties in Lemont, 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.

208 Main St, Unit 210

208 Main St, Unit 210

APARTMENT HOUSE (UNDER 5 UNITS) • 2,420 SF
Value Estimation
$650,000
208 Main St, Lemont, IL 60439-4232
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210 Main St

210 Main St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,392 SF
Value Estimation
$650,000
210 Main St, Lemont, IL 60439-4232
View details
923 State St

923 State St

GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres
Value Estimation
$1,380,000
923 State St, Lemont, IL 60439
View details
501 State St

501 State St

APARTMENT HOUSE (UNDER 5 UNITS) • 4,156 SF
Value Estimation by Request
501 State St, Lemont, IL 60439-3829
View details
304 Short St

304 Short St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,017 SF
Value Estimation by Request
304 Short St, Lemont, IL 60439-4275
View details
407 Illinois St

407 Illinois St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,321 SF
Value Estimation by Request
407 Illinois St, Lemont, IL 60439-3705
View details
216 Main St

216 Main St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,800 SF
Value Estimation by Request
216 Main St, Lemont, IL 60439-4668
View details
220 Main St

220 Main St

APARTMENT HOUSE (UNDER 5 UNITS) • 5,918 SF
Value Estimation by Request
220 Main St, Lemont, IL 60439-4672
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220 Main St

220 Main St

APARTMENT HOUSE (UNDER 5 UNITS) • 5,918 SF
Value Estimation by Request
220 Main St, Lemont, IL 60439-4672
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317 Canal St

317 Canal St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,444 SF
Value Estimation by Request
317 Canal St, Lemont, IL 60439-3603
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114 Stephen St

114 Stephen St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,340 SF
Value Estimation by Request
114 Stephen St, Lemont, IL 60439-4299
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332 Short St, Unit 4

332 Short St, Unit 4

APARTMENT HOUSE (UNDER 5 UNITS) • 3,017 SF
Value Estimation
$530,000
332 Short St, Lemont, IL 60439-4282
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542 Czacki St

542 Czacki St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,672 SF
Value Estimation by Request
542 Czacki St, Lemont, IL 60439-5440
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600 Czacki St

600 Czacki St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,938 SF
Value Estimation by Request
600 Czacki St, Lemont, IL 60439-4063
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215 Cass St

215 Cass St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,440 SF
Value Estimation by Request
215 Cass St, Lemont, IL 60439-4692
View details
407 Grant St

407 Grant St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,288 SF
Value Estimation by Request
407 Grant St, Lemont, IL 60439-5463
View details
649 1st St

649 1st St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,198 SF
Value Estimation by Request
649 1st St, Lemont, IL 60439-4103
View details
217 Illinois St

217 Illinois St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,518 SF
Value Estimation by Request
217 Illinois St, Lemont, IL 60439-5400
View details
927 State St

927 State St

GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres
Value Estimation
$1,435,000
927 State St, Lemont, IL 60439
View details
16164 New Ave, Unit 4

16164 New Ave, Unit 4

APARTMENT HOUSE (UNDER 5 UNITS) • 1,920 SF
Value Estimation by Request
16164 New Ave, Lemont, IL 60439-3699
View details
207 Julia St

207 Julia St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,616 SF
Value Estimation by Request
207 Julia St, Lemont, IL 60439-4120
View details
406 Main St

406 Main St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,176 SF
Value Estimation by Request
406 Main St, Lemont, IL 60439-4661
View details
1001 State St

1001 State St

GARDEN APT, COURT APT (5+ UNITS) • 1.35 Acres
Value Estimation by Request
1001 State St, Lemont, IL 60439-4762
View details

Lemont, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 133 multifamily properties for sale in Lemont, IL on our real estate platform. These investment opportunities span a total of 761,296 square feet of properties for sale, with an estimated market value of $41,019,000.

Sale prices for multifamily properties in Lemont, IL start at $105,000, averaging $353,612, and reaching up to $1,490,000 — 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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