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    Island Lake, IL
    Residential Income

    Island Lake, IL Residential Income Properties for Sale

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    Mchenry, IL Crystal Lake, IL Holiday Hills, IL Wauconda, IL Port Barrington, IL Volo, IL Prairie Grove, IL Lakemoor, IL
    4-Unit Quadplex with Attached Garage
    Updated: Sep 11
    4-Unit Quadplex with Attached Garage

    106 W State Rd, Island Lake, IL 60042

    $850,000
    Four residential units, all occupied under leases extending through 2027
    Business zoning
    Attached garage
    Corner location at Route 176 and Midway Road (Roberts Road)
    Building previously operated as a professional office
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Island Lake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Mixed-Use Portfolio with Office Suites
    Mixed-Use Portfolio with Office Suites

    110 N Main St, Wauconda, IL

    $945,000

    The leased holdings combine professional offices, service retail, and residential apartments in a downtown setting.

    View details
    Residential Income Triplex
    Residential Income Triplex

    330 Park Avenue, Cary, IL 60013

    $425,000

    Income-producing property with three units across two detached buildings, including private garages for the second building’s units.

    View details
    Penthouse Residential Income Property
    Penthouse Residential Income Property

    326 Stillwater Court #0, Wauconda, IL 60084

    $272,500

    End-unit layout includes a private ground-level entry and a balcony off the kitchen.

    View details
    Downtown Development Land Portfolio
    Downtown Development Land Portfolio

    104 High Rd, Cary, IL 60013

    $300,000

    Portfolio includes multiple adjacent parcels with a double lot, a revenue parking lot, and an occupied 4-unit building.

    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.

    Wauconda Land Near Slocum Lake
    Wauconda Land Near Slocum Lake

    28331 W Main Street, Wauconda, IL 60084

    $105,000
    0.77 AC lot

    Six contiguous lots near Slocum and Bangs Lakes.

    View details
    Vacant Lot with Water View
    Vacant Lot with Water View

    138 Eastwood Avenue, Port Barrington, IL 60010

    $149,000

    Vacant lot ready for building with Fox River channel view.

    View details
    Residential Land in Timberhills
    Residential Land in Timberhills

    4353 Carlisle Drive, Crystal Lake, IL 60012

    $125,000
    1.02 AC lot

    Residential land for sale in Crystal Lake, Illinois.

    View details
    Cleared Lot Ready to Build
    Cleared Lot Ready to Build

    3408 Royal Woods Drive, Crystal Lake, IL 60014

    $99,900
    0.75 AC lot

    Residential land for sale, convenient location, award winning schools.

    View details

    Island Lake, IL Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Island Lake, IL on our real estate platform.

    Sale prices for residential investment properties in Island Lake, IL average $850,000 — 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

    Multifamily properties 1
    Quadplexes 1

    Demographics Overview

    Population 8,630
    Population Growth (5Y) +2.5%
    Median Household Income $94,613
    College Educated 34.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60042 $850K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Island Lake, IL

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