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    Gurnee, IL Residential Income Properties for Sale

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    Waukegan, IL Park City, IL North Chicago, IL
    Side-by-Side Ranch Duplex
    $410,000
    0.24 Acres
    Side-by-Side Ranch Duplex

    803 Pine Grove Avenue, Gurnee, IL 60031

    A two-unit ranch duplex with updated flooring, private yards, garages, and separate basements.
    • Side‑by‑side ranch duplex built in 1989 with vinyl siding and asphalt roof.
    • Each unit is approximately 1,064 SF with two bedrooms on the main level and a full basement.
    • North unit reportedly updated with wood laminate flooring and features a large living room open to the eat‑in kitchen.
    • Full basements include mechanics and laundry; south unit basement is partially finished.
    • Forced air natural gas heat with central air, plus attached one‑car garage and fenced private back yard.
    Updated: Jun 21
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    Gurnee Duplex: Investment Opportunity
    $438,000
    0.29 Acres
    Gurnee Duplex: Investment Opportunity

    855 Belle Plaine Avenue, Gurnee, IL 60031

    Well-maintained duplex in Gurnee with income potential.
    • Strong income potential with long‑term tenant paying $1,800/month through 8/31/2026.
    • Recent exterior updates including new siding, roof, flashing, gutters, and windows.
    • Second unit offers flexibility for owner‑occupancy or additional rental income.
    • Convenient location minutes from Route 41 and I‑94, with easy access to amenities.
    • Both units have private entrances, garages, basements, and decks.
    Updated: May 21
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Gurnee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Two-Unit Duplex with Full Basement
    $214,900
    0.13 Acres
    Two-Unit Duplex with Full Basement

    Two-unit duplex near major commuter routes with separate utilities and a full basement for storage and utility access.

    1015 Glenn Drive, North Chicago, IL 60064

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    Two-Unit Residential Income Duplex
    $279,900
    0.15 Acres
    Two-Unit Residential Income Duplex

    Two-unit income property with finished attic and basement space, four full baths, and a fenced yard with detached parking.

    1025 Lincoln Street, North Chicago, IL 60064

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    Updated Duplex with Two 2BR Units
    $330,000
    Updated Duplex with Two 2BR Units

    Well-maintained duplex with two spacious 2-bedroom units, including recent first-floor updates and tenant-paid gas and electric.

    143 N Butrick Street, Waukegan, IL 60085

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    Storefront and Two-Flat Building
    $460,000
    Storefront and Two-Flat Building

    Two buildings: storefront and two-flat, ample parking.

    1809 Washington Street, Waukegan, IL 60085

    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.

    Residential Lot in Waukegan, IL
    Contact for pricing
    0.37 Acres
    Residential Lot in Waukegan, IL

    Residential land for sale in Waukegan, Illinois.

    12352 W Atlantic Avenue, Waukegan, IL 60085

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    Waukegan Land Opportunity
    $150,000
    3.60 Acres
    Waukegan Land Opportunity

    3+ acre lot for custom home in Waukegan, Illinois.

    3101 Country Club Lane, Waukegan, IL 60087

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    Land Lot with Partial Lake View
    Contact for pricing
    0.16 Acres
    Land Lot with Partial Lake View

    Buildable lot with partial Lake Michigan views and updated surveyed dimensions near the lakefront and downtown.

    312 Oak Street, Waukegan, IL 60085

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    Waukegan Wooded Residential Land
    $60,000
    1.11 Acres
    Waukegan Wooded Residential Land

    1.114-acre wooded residential site ideal for builders.

    1507 W York House Road, Waukegan, IL 60087

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    Off-Market Properties in Gurnee, IL

    Consider similar Off-Market properties in Gurnee, 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.

    34850 Delany Rd
    Land
    Lot: 22.73 Acres
    Value Estimation by Request

    34850 Delany Rd, Gurnee, IL 60031

    View details
    36396 Skokie Hwy
    Land
    Lot: 17.53 Acres

    36396 Skokie Hwy, Gurnee, IL 60031

    View details

    Gurnee, IL Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Gurnee, IL 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 $438,000.

    Sale prices for residential income properties in Gurnee, IL start at $438,000, averaging $438,000, and reaching up to $438,000 — 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

    Duplexes 2
    Multifamily properties 2

    Demographics Overview

    Population 37K
    Population Growth (5Y) +0.1%
    Median Household Income $114,008
    College Educated 73.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60031 $438K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Gurnee fall within the 50,000 to 100,000 square foot range.

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