Elgin, IL
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    Elgin, IL Residential Income Properties for Sale

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    Wauconda, IL Bartlett, IL Streamwood, IL
    11 results
    Elgin Mixed-Use Investment Opportunity
    $990,000
    14,000 SF

    Elgin Mixed-Use Investment Opportunity

    20-24 Douglas Avenue, Elgin, IL 60120

    Two-story building with retail and office space, potential residential conversion.

    • High‑visibility, recognizable 14,000 SF brick building on a corner lot with multiple storefronts/addresses.
    • Versatile space suitable for office, retail, or residential conversion.
    • Recent upgrades include new roofs with 6" insulation, updated HVAC, updated electrical with copper wiring, and new exterior paint.
    • Features a Generac backup generator and upgraded water main service ready for sprinkler system installation.
    • Original architectural details such as 14'-16' tin ceilings combined with modernized upgrades.
    Updated: Mar 9
    View details
    Mixed-Use Barrington Village Opportunity
    $325,000
    0.20 Acres

    Mixed-Use Barrington Village Opportunity

    130 Harrison Street, Barrington, IL 60010

    Mixed-use property in prime Barrington location, business or residential.

    • Prime Barrington Village location with excellent visibility
    • Mixed‑use property: business/residential potential
    • Five private offices, full and half bath, separate entrances, and reception areas
    • Detached two‑car garage and four additional exterior parking spaces
    • Convertible to single‑family residence
    Updated: Mar 9
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    Lake Zurich Multi-Family Property
    $1,499,999
    3,435 SF

    Lake Zurich Multi-Family Property

    Rebuilt multi-family residence across from Lake Zurich promenade and marina.

    217 W Main Street, Lake Zurich, IL 60047
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    Mixed-Use Investment Opportunity, Barrington, IL
    $999,000
    0.73 Acres

    Mixed-Use Investment Opportunity, Barrington, IL

    Mixed-use property near downtown Barrington with potential for residential conversion.

    215 S Northwest Highway, Barrington, IL 60010
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    Mixed-Use Building in Downtown Barrington
    $799,000
    2,000 SF

    Mixed-Use Building in Downtown Barrington

    Updated commercial space with residential apartments in downtown Barrington.

    320 E Main Street, Barrington, IL 60010
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    Spacious Duplex with Updated Unit
    $489,900

    Spacious Duplex with Updated Unit

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

    1583-1585 Sheffield Drive, Elgin, IL 60123
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    Lake Zurich Mixed-Use Redevelopment
    $1,400,000
    1.45 Acres

    Lake Zurich Mixed-Use Redevelopment

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

    Hoffman Estates, IL 60047
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    Barrington Village Mixed-Use Property
    $150,000
    0.66 Acres

    Barrington Village Mixed-Use Property

    Prime real estate in Barrington Village with mixed-use zoning.

    136 Grant Street, Barrington, IL 60010
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    Elgin Development Opportunity
    $2,499,000
    17,000 SF

    Elgin Development Opportunity

    Approved for residential and retail development in Elgin, Illinois.

    880 Summit St, Elgin, IL 60120
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    Willow Lakes Estates Home
    $39,900

    Willow Lakes Estates Home

    Two-bedroom home in a 55+ community with amenities.

    Hoffman Estates, IL 60123
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    Lake Zurich Redevelopment Opportunity
    $1,400,000
    6,259 SF

    Lake Zurich Redevelopment Opportunity

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

    898 S Rand Road, Lake Zurich, IL 60047
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

    Palatine Ranch Land For Sale
    $619,000
    0.68 Acres

    Palatine Ranch Land For Sale

    Land available in Palatine, Illinois suitable for residential development.

    1485 W Dundee Road, Palatine, IL 60074
    View details
    24-Unit Multifamily Property For Sale
    $3,200,000

    24-Unit Multifamily Property For Sale

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

    2460 Leslie Ln, Hanover Park, IL 60133
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    Palatine Condo Deconversion Opportunity
    $20,000,000
    112,000 SF

    Palatine Condo Deconversion Opportunity

    132-unit condo deconversion opportunity in downtown Palatine, Illinois.

    140 W Wood St, Palatine, IL 60067
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    Hanover Park Multifamily Investment Opportunity
    $3,200,000

    Hanover Park Multifamily Investment Opportunity

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

    2460 Leslie Ln, Hanover Park, IL 60133
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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.

    Residential Lot in Gated Community
    $140,000
    0.13 Acres

    Residential Lot in Gated Community

    Ready-to-build lot in a convenient Barrington location.

    1419 Somerset Place, Barrington, IL 60010
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    Inverness Land with Lake View
    $490,000
    1.09 Acres

    Inverness Land with Lake View

    Premium 1-acre lot with lake view in Braymore Hills.

    1340 Macalpin Drive lot: 17, Inverness, IL 60010
    View details
    South Barrington Pond View Lot
    $465,000
    1.32 Acres

    South Barrington Pond View Lot

    One-acre pond view lot in gated Falcon Lakes community.

    8 Falcon Lakes Drive, South Barrington, IL 60010
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    Barrington Commercial Land Opportunity
    $4,250,000
    2.01 Acres

    Barrington Commercial Land Opportunity

    2.01-acre commercial site in downtown Barrington, Illinois.

    206 N Cook Street, Barrington, IL 60010
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    Off-Market Properties in Elgin, IL

    Consider similar Off-Market properties in Elgin, 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.

    286 Silver Ct

    286 Silver Ct

    APARTMENT HOUSE (5+ UNITS) • 9,330 SF
    Value Estimation by Request
    286 Silver Ct, Elgin, IL 60123-3563
    View details
    401 Chicago St

    401 Chicago St

    APARTMENT HOUSE (5+ UNITS) • 47,760 SF
    Value Estimation
    $5,010,000
    401 Chicago St, Elgin, IL 60120-5772
    View details
    1274 Getzelman Dr

    1274 Getzelman Dr

    APARTMENT HOUSE (5+ UNITS) • 6,396 SF
    Value Estimation
    $835,000
    1274 Getzelman Dr, Elgin, IL 60123-2002
    View details
    1596 Mark Ave

    1596 Mark Ave

    APARTMENT HOUSE (5+ UNITS) • 4,992 SF
    Value Estimation by Request
    1596 Mark Ave, Elgin, IL 60123-2902
    View details
    Mclean Blvd

    Mclean Blvd

    APARTMENT HOUSE (5+ UNITS) • 5.88 Acres
    Value Estimation by Request
    Mclean Blvd, Elgin, IL 60123
    View details
    1236 Robinwood Dr, Unit 40

    1236 Robinwood Dr, Unit 40

    APARTMENT HOUSE (5+ UNITS) • 16,785 SF
    Value Estimation
    $735,000
    1236 Robinwood Dr, Elgin, IL 60123-1301
    View details
    510 Autumn Ct

    510 Autumn Ct

    APARTMENT HOUSE (5+ UNITS) • 16,378 SF
    Value Estimation
    $2,800,000
    510 Autumn Ct, Elgin, IL 60123-2574
    View details
    505 Autumn Ct

    505 Autumn Ct

    APARTMENT HOUSE (5+ UNITS) • 16,378 SF
    Value Estimation
    $2,800,000
    505 Autumn Ct, Elgin, IL 60123-2544
    View details
    515 Autumn Ct

    515 Autumn Ct

    APARTMENT HOUSE (5+ UNITS) • 16,330 SF
    Value Estimation
    $2,800,000
    515 Autumn Ct, Elgin, IL 60123-2577
    View details
    1856 Mark Ave

    1856 Mark Ave

    APARTMENT HOUSE (5+ UNITS) • 7,504 SF
    Value Estimation
    $775,000
    1856 Mark Ave, Elgin, IL 60123-1979
    View details
    865 Smt St

    865 Smt St

    APARTMENT HOUSE (UNDER 5 UNITS) • 10,292 SF
    Value Estimation
    $875,000
    865 Smt St, Elgin, IL 60120-4315
    View details
    432 Smt St

    432 Smt St

    APARTMENT HOUSE (5+ UNITS) • 3,955 SF
    Value Estimation by Request
    432 Smt St, Elgin, IL 60120-3853
    View details
    470 Douglas Ave

    470 Douglas Ave

    APARTMENT HOUSE (5+ UNITS) • 3,168 SF
    Value Estimation by Request
    470 Douglas Ave, Elgin, IL 60120-3680
    View details

    Elgin, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 72 residential income properties for sale in Elgin, IL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 42,694 square feet of properties for sale, with an estimated market value of $7,187,999.

    Sale prices for residential income properties in Elgin, IL start at $799,000, averaging $1,437,599, 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

    Multifamily properties 3
    Apartment buildings 1
    Duplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Elgin fall within the 100,000+ square foot range.

    Demographics Overview

    Population 124K
    Population Growth (5Y) +2.9%
    Median Household Income $93,679
    College Educated 31.3%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60123 $489.9K
    60120 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 9.70%
    Property Tax per SF $55.97 per sq ft
    Average Loan-to-Value 65.0%

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