Lake Bluff, IL Residential income properties for sale

$740,000

Mixed-Use Building with Leased Ground Retail

208 N Waukegan Rd, Lake Bluff, IL 60044

Six residential units above two fully leased commercial spaces provide diversified, long-term income potential.

Mixed‑use building built in 1992 with six residential units over two ground‑floor commercial spaces
Commercial spaces are fully leased to long‑term tenants
Unit mix includes four 1 bed/1 bath units, one studio, and one 2 bed/2.5 bath unit
Office space includes 19 parking spots
Total unit count: 6 residential units (4 conforming and 4 nonconforming units listed)

Updated: Jun 2

Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Bluff, 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.

$250,000

0.14 Acres

Two-Unit Residential Income Property

Duplex with separate entrances, two-bedroom units, and a finished basement offering additional living space.

1919 16th Street, North Chicago, IL 60064

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$283,975

1,740 SF

Mixed-Use Property in Waukegan, IL

Mixed-use property with retail storefront and apartments in Waukegan.

726 10th Street, Waukegan, IL 60085

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2,246 SF

Spacious North Chicago Two-Flat Home

Two-unit property near schools, shopping, and highways, ideal for investors.

1617 Grove Avenue, North Chicago, IL 60064

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$449,900

0.16 Acres

Mixed-Use Building in Waukegan

Mixed-use building with restaurant and apartments in active commercial area.

818 10th Street, Waukegan, IL 60085

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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.

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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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$1,490,000

1.33 Acres

Highland Park Land For Sale

1.33 acre commercial land available in Highland Park, Illinois.

Patten Road, Highland Park, IL 60035

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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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$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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Off-Market Properties in Lake Bluff, IL

Consider similar Off-Market properties in Lake Bluff, 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.