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    Mchenry County, IL Multifamily Properties for Sale

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    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
    Waterfront Short-Term Rental Compound
    Updated: Jun 22
    Waterfront Short-Term Rental Compound

    27717 W Grass Lake Drive, Spring Grove, IL 60081

    $749,900
    1.13 AC lot
    Three fully furnished short‑term‑rental units that sleep up to 12 people
    About 131' of private walk‑in sand beach on Grass Lake (Fox Chain O'Lakes) plus private pier
    Approximately 1.1 acres with gazebo, firepit patio, RV/boat storage, and canoe/kayak access
    Seller‑provided 2025 Airbnb total of about $60,423 (+25% YoY) for income‑producing STR use
    Home offers four full baths plus a bonus room, with an arrangement for up to 5 BR / 4 BA
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    Four-Unit Income Property
    Four-Unit Income Property

    722/724 W Grant Highway, Marengo, IL 60152

    $385,000
    0.60 AC lot

    Four rental units with separate electric bills on a sizable lot with substantial frontage.

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    Two-Unit Property with Heated Garage
    Two-Unit Property with Heated Garage

    311 Marengo Road, Harvard, IL 60033

    $230,000
    1.60 AC lot

    Two separately metered units on a large lot, plus a heated three-car garage/workshop for year-round use.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Ranch Duplex with Two Units
    Ranch Duplex with Two Units

    709 W Mckinley Street, Harvard, IL 60033

    $279,000

    Two 2-bedroom, 1-bath ranch units with new interior updates, including a shared two-car garage and included appliances.

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    Wonder Lake Commercial Opportunity
    Wonder Lake Commercial Opportunity

    7165 Barnard Mill Road, Wonder Lake, IL 60097

    $199,000
    0.55 AC lot

    Two-story office building with potential for apartment conversion.

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    Legal Three-Unit Building in McHenry
    Legal Three-Unit Building in McHenry

    3807 Main Street, Mchenry, IL 60050

    $490,000
    0.20 AC lot

    Three-unit building in McHenry's historic district, built in 1988.

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    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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    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.

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    Spacious Duplex in Desirable Community
    Spacious Duplex in Desirable Community

    627 Chardonnay Lane, Crystal Lake, IL 60014

    $629,000
    3,000 sqft

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

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    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.

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    McHenry Investment Property Near Downtown
    McHenry Investment Property Near Downtown

    3937 Main Street, Mchenry, IL 60050

    $649,000

    Excellent investment property near Metra, shops, and restaurants.

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    Four-Unit Income Property
    Four-Unit Income Property

    722/724 W Grant Highway, Marengo, IL 60152

    $395,000
    0.60 AC lot

    Four rental units on a sizable frontage parcel with separate electric billing, offered for sale as-is in a B2 area.

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    Up-Down Duplex with Private Garages
    Up-Down Duplex with Private Garages

    855-857 Rhodes Street, Woodstock, IL 60098

    $335,000

    Well maintained duplex with separate decks and private garages, with recent major systems and shared property upkeep support.

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    Renovated Downtown Huntley Multifamily Investment
    Renovated Downtown Huntley Multifamily Investment

    11611 Main Street, Huntley, IL 60142

    $500,000

    Three units across two lots, fully renovated in 2024.

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    Side-by-Side Duplex with Two 3BR Units
    Side-by-Side Duplex with Two 3BR Units

    1952-1954 Sheila Street, Woodstock, IL 60098

    Contact for pricing

    Updated duplex offers two 3-bedroom homes with walkout lower levels and separate fenced backyards.

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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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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Mchenry County, IL, we suggest to view alternatives - similar 5 Off-Market properties to explore as potential leads.

    Off-Market Properties in Mchenry County, IL

    Consider similar Off-Market properties in Mchenry County, 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.

    5313 Grouse Ln
    APARTMENT HOUSE (5+ UNITS)

    5313 Grouse Ln, Richmond, IL 60071-9257

    $530,000
    Estimated value
    0.34 AC lot
    View details
    604 Grant Hwy
    Multifamily properties

    604 Grant Hwy, Marengo, IL 60152

    Value Estimation by Request
    49,680 sqft · 2.42 AC lot
    View details
    265 Stonegate Rd
    Residential income properties

    265 Stonegate Rd, Algonquin, IL 60102

    Value Estimation by Request
    2,476 sqft · 1.30 AC lot
    View details
    109 Cary St
    Multifamily properties

    109 Cary St, Cary, IL 60013

    Value Estimation by Request
    3,668 sqft · 0.13 AC lot
    View details
    9260 Haligus Rd
    Multifamily properties

    9260 Haligus Rd, Lake In The Hills, IL 60156

    Value Estimation by Request
    2.77 AC lot
    View details

    Mchenry County, IL Multifamily Properties Market Trends and Statistics

    Explore 22 multifamily properties for sale in Mchenry County, IL, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 7,428 square feet of properties for sale, with an estimated market value of $1,419,000.

    Sale prices for multifamily properties in Mchenry County, IL start at $629,000, averaging $709,500, 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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