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    Steger, IL Multifamily Properties for Sale

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    University Park, IL Flossmoor, IL Olympia Fields, IL
    13 results
    Renovated Duplex in Central Location
    $229,000
    0.25 Acres
    Renovated Duplex in Central Location

    3706 Chicago Road, Steger, IL 60475

    Two renovated units generating $2,000 monthly income in Steger, IL.
    • Turnkey investment property generating $2,000/month in rental income.
    • Fully renovated units feature modern kitchens and bathrooms, granite countertops, and new flooring.
    • Each unit has its own new furnace and hot water heater (less than one year old).
    • Tenants pay their own electric and gas.
    • Located in a quiet, central location close to restaurants, shopping, and entertainment.
    Updated: Apr 30
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    Historic Queen Anne Victorian Triplex
    $275,000
    0.35 Acres
    Historic Queen Anne Victorian Triplex

    51 W 21st Street, Chicago Heights, IL 60411

    Legal 3-flat in Chicago Heights' Historic District.
    • Legal 3‑flat in Chicago Heights Historic District offering strong investment and income potential.
    • Significant updates completed: lead pipes replaced with copper, boiler reworked, and new water heater installed in 2025.
    • Spacious .35‑acre corner lot with inviting covered front porch.
    • Stunning Queen Anne Victorian architecture with exquisite original woodwork throughout.
    • Built in 1895 by George C. Flanner, a prominent figure and first mayor, adding historical significance.
    Updated: Mar 21
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    Three-Unit Building in Chicago Heights
    $175,000
    0.14 Acres
    Three-Unit Building in Chicago Heights

    Fully rented three-unit building, a great investment opportunity.

    154 E 22nd Street, Chicago Heights, IL 60411

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    Rehabbed Chicago Heights Multifamily Property
    $230,000
    0.07 Acres
    Rehabbed Chicago Heights Multifamily Property

    Fully rehabbed 2-flat in Chicago Heights, turnkey investment opportunity.

    238 E 22 Street, Chicago Heights, IL 60411

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    Updated Duplex in Chicago Heights
    $295,900
    Updated Duplex in Chicago Heights

    Two-unit property with recent updates and investment potential.

    146 E 24th Street, Chicago Heights, IL 60411

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    Updated Multi-Unit in Chicago Heights
    $370,000
    0.08 Acres
    Updated Multi-Unit in Chicago Heights

    Well-maintained four-unit property with updated interiors and modern amenities.

    489 Hickory Street, Chicago Heights, IL 60411

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    Well-Maintained Chicago Heights Multi-Family
    $152,900
    Well-Maintained Chicago Heights Multi-Family

    Two-unit property ideal for owner-occupants or investors.

    1207 Emerald Avenue, Chicago Heights, IL 60411

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    Chicago Heights Multifamily Property
    $235,000
    Chicago Heights Multifamily Property

    Two-unit property with potential for investment or owner-occupancy.

    1308 Vincennes Avenue, Chicago Heights, IL 60411

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    Multi-Unit Investment Opportunity
    $109,999
    Multi-Unit Investment Opportunity

    Vacant two-unit building, updated, ideal for investors.

    72 W 19TH Street, Chicago Heights, IL 60411

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    Chicago Heights Multifamily Investment Opportunity
    $289,000
    0.12 Acres
    Chicago Heights Multifamily Investment Opportunity

    Five-unit building with diverse layouts in Chicago Heights.

    1217 PARK Avenue, Chicago Heights, IL 60411

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    Steger, IL Multi-Family Property
    $165,000
    Steger, IL Multi-Family Property

    Two-unit property on a corner lot with long-term tenants.

    37 W 36th Place, Steger, IL 60475

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    Chicago Heights Two-Unit Building
    $49,000
    0.07 Acres
    Chicago Heights Two-Unit Building

    Two-unit building in Chicago Heights with investment potential.

    1502 Shields Avenue, Chicago Heights, IL 60411

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    Renovated Duplex in Central Location
    $229,000
    Renovated Duplex in Central Location

    Two renovated 1-bedroom apartments generating $2,000 monthly income.

    3706 Chicago Road, Steger, IL 60475

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Steger, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

    Lansing Multifamily Investment Opportunity
    $1,280,000
    12,000 SF
    Lansing Multifamily Investment Opportunity

    12-unit multifamily property in Lansing, Illinois, with excellent visibility.

    18422 Torrence Avenue, Lansing, IL 60438

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    Hazel Crest Multifamily Investment Opportunity
    $275,000
    Hazel Crest Multifamily Investment Opportunity

    Two multi-unit buildings and a vacant lot for sale.

    1307 W 173rd Street, Hazel Crest, IL 60429

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    Multifamily Property in Lansing, Illinois
    $550,000
    5,400 SF
    Multifamily Property in Lansing, Illinois

    Six-unit building with income potential in Chicagoland area.

    18429 Torrence Ave, Lansing, IL 60438

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    Two Multifamily Buildings Opportunity
    Contact for pricing
    Two Multifamily Buildings Opportunity

    Two multifamily buildings for sale in Hazel Crest, Illinois.

    17320 Throop St, Hazel Crest, IL 60429

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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.

    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
    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres
    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392

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    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

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    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres
    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051

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    Off-Market Properties in Steger, IL

    Consider similar Off-Market properties in Steger, 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.

    3311 Un Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,587 SF Lot: 0.07 Acres
    Value Estimation by Request

    3311 Un Ave, Steger, IL 60475-1263

    View details
    3311 Un Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,587 SF Lot: 0.07 Acres
    Value Estimation by Request

    3311 Un Ave, Steger, IL 60475-1263

    View details
    3044 Chicago Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,331 SF Lot: 0.12 Acres
    Value Estimation by Request

    3044 Chicago Rd, Steger, IL 60475-1055

    View details
    3324 Chicago Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,567 SF Lot: 0.10 Acres
    Value Estimation by Request

    3324 Chicago Rd, Steger, IL 60475-1281

    View details
    31 34th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,344 SF Lot: 0.07 Acres
    Value Estimation by Request

    31 34th St, Steger, IL 60475-1666

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    3201 Un Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,200 SF Lot: 0.07 Acres
    Value Estimation by Request

    3201 Un Ave, Steger, IL 60475-1264

    View details
    3201 Un Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,200 SF Lot: 0.07 Acres

    3201 Un Ave, Steger, IL 60475-1264

    View details
    3201 Un Ave, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,200 SF Lot: 0.07 Acres
    Value Estimation by Request
    Unit 1

    3201 Un Ave, Steger, IL 60475-1264

    View details
    3000 Morgan St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,843 SF Lot: 0.10 Acres
    Value Estimation by Request

    3000 Morgan St, Steger, IL 60475-1213

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    3317 Grn St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,496 SF Lot: 0.14 Acres
    Value Estimation by Request

    3317 Grn St, Steger, IL 60475-1082

    View details
    3226 Chicago Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,854 SF Lot: 0.10 Acres
    Value Estimation by Request

    3226 Chicago Rd, Steger, IL 60475-1284

    View details

    Steger, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Steger, IL, showcased through 13 active listings 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 $2,804,799.

    Sale prices for multifamily properties in Steger, IL start at $49,000, averaging $215,753, and reaching up to $370,000 — 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 3

    Demographics Overview

    Population 10K
    Population Growth (5Y) +4.4%
    Median Household Income $61,222
    College Educated 22.6%

    High-Yield Neighborhoods for Investment

    Identify Steger submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60475 $207.7K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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