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    Lake County, IL Residential Income Properties for Sale

    68 results
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    Two Homes on One Lot
    $239,900
    0.11 Acres

    Two Homes on One Lot

    515 May St, Waukegan, IL 60085

    Unique investment opportunity with two homes on one lot.

    • Two homes on one lot: Ideal for investors or owner‑occupants seeking rental income or multi‑generational living.
    • Immediate rental income potential from the tenant‑occupied second home.
    • Main home features 3 bedrooms, 1.5 bathrooms, spacious living areas, and a full basement.
    • Second home offers 2 bedrooms and 1 bathroom.
    • New roof & siding (2025) on the main home.
    Updated: Jan 9
    View details
    Waukegan Two-Unit Property For Sale
    $260,000
    0.17 Acres

    Waukegan Two-Unit Property For Sale

    920 Adams St, Waukegan, IL 60085

    Well-maintained two-unit property with a detached two-car garage.

    • Two identical units, ideal for owner‑occupancy with rental income or investment.
    • Two‑car detached garage.
    • Full, unfinished basement offering storage or potential for future development.
    • Each unit features two bedrooms and one full bath.
    • Built in 1903 with aluminum, vinyl, and steel siding.
    Updated: Jan 7
    View details
    Waukegan Two-Unit Income Property
    $260,000
    0.12 Acres

    Waukegan Two-Unit Income Property

    Two-unit building with income potential in Waukegan, Illinois.

    832 Lenox Ave, Waukegan, IL 60085
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    Lake Marie Lakefront Investment Property
    $1,099,000
    0.39 Acres

    Lake Marie Lakefront Investment Property

    Lakefront property with two rental units, pier, and pole barn.

    26048 W Forest Ave, Antioch, IL 60002
    View details
    Zion Investment Property For Sale
    $425,000
    0.34 Acres

    Zion Investment Property For Sale

    Turn-key investment property with full occupancy near downtown Zion.

    2103 Galilee Ave, Zion, IL 60099
    View details
    Renovated Duplex in Quiet Neighborhood
    $379,900

    Renovated Duplex in Quiet Neighborhood

    Vacant, renovated duplex with finished basement and large yard.

    2504 9Th Pkwy, Waukegan, IL 60085
    View details
    Waterfront Cottages on Loon Lake
    $299,000
    0.19 Acres

    Waterfront Cottages on Loon Lake

    Rare waterfront property with three cottages and income potential.

    40286 West Shore Dr, Antioch, IL 60002
    View details
    North Chicago Turnkey Multi-Unit Building
    $425,000
    0.28 Acres

    North Chicago Turnkey Multi-Unit Building

    Rare, well-kept 4-unit building with income and upside potential.

    2137 Dickey Ave, North Chicago, IL 60064
    View details
    North Chicago Four-Unit Apartment Building
    Contact for pricing

    North Chicago Four-Unit Apartment Building

    Four-unit apartment building in North Chicago, ideal for investors.

    417 10Th St, North Chicago, IL 60064
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    Mixed-Use Building on Hwy 45
    $549,900
    0.29 Acres

    Mixed-Use Building on Hwy 45

    Versatile commercial/residential building in high-visibility location on Hwy 45.

    33125 N Us Highway 45, Grayslake, IL 60030
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    Brick Duplex in Zion
    $240,000

    Brick Duplex in Zion

    Well-maintained brick duplex, great investment opportunity, new roof.

    2311 Elisha Ave, Zion, IL 60099
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    Lake Marie Lakefront Investment Property
    $899,000
    0.39 Acres

    Lake Marie Lakefront Investment Property

    Two rental units with 115 feet of Lake Marie frontage.

    26048 W Forest Ave, Antioch, IL 60002
    View details
    Lake Villa Commercial Opportunity
    $289,000
    0.39 Acres

    Lake Villa Commercial Opportunity

    Restaurant/bar with apartment and multiple income streams for sale.

    211 W Grass Lake Rd, Lake Villa, IL 60046
    View details
    Mixed-Use Income Property Opportunity
    $450,000
    0.37 Acres

    Mixed-Use Income Property Opportunity

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

    2275 Sheridan Rd, Zion, IL 60099
    View details
    Turnkey Multifamily Property, North Chicago
    $1,289,900
    0.21 Acres

    Turnkey Multifamily Property, North Chicago

    Fully renovated 6-unit building with a 9% cap rate.

    1542 Victoria Ave, North Chicago, IL 60064
    View details
    Multifamily Property with Parking Lot
    $329,975
    0.08 Acres

    Multifamily Property with Parking Lot

    Multifamily property with five units and parking lot.

    724 10Th St, Waukegan, IL 60085
    View details
    Antioch Multifamily Investment Opportunity
    $900,000

    Antioch Multifamily Investment Opportunity

    Six-unit brick building with updated features and long-term tenants.

    431 Filweber Ct, Antioch, IL 60002
    View details
    Mixed-Use Property in Business District
    $283,975
    0.08 Acres

    Mixed-Use Property in Business District

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

    726 10Th St, Waukegan, IL 60085
    View details
    Mixed-Use Building in Waukegan
    $449,900
    0.15 Acres

    Mixed-Use Building in Waukegan

    Mixed-use brick building with restaurant and apartments in Waukegan.

    818 10Th St, Waukegan, IL 60085
    View details
    Well-Maintained Duplex on Corner Lot
    $250,000

    Well-Maintained Duplex on Corner Lot

    Solid brick duplex, ideal for investors or owner-occupants.

    3244 Elisha Ave, Zion, IL 60099
    View details
    Waukegan Residential Income Opportunity
    $309,900

    Waukegan Residential Income Opportunity

    Two-unit property with spacious units and garage on corner lot.

    1525 North Ave, Waukegan, IL 60085
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    Waukegan Residential Income Property
    $325,000

    Waukegan Residential Income Property

    Well-maintained two-unit residential income property in Waukegan, Illinois.

    600 Sunderlin St, Waukegan, IL 60085
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    Residential Income Property in Zion
    $180,000

    Residential Income Property in Zion

    Two-unit residential income property with detached garage in Zion, Illinois.

    2609 Gilboa Ave, Zion, IL 60099
    View details
    Fox Lake Waterfront Multi-Unit Property
    $549,873
    0.24 Acres

    Fox Lake Waterfront Multi-Unit Property

    Multi-unit property with 40 feet of lake frontage.

    50 N Lk Ave, Fox Lake, IL 60020
    View details

    Lake County, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 2159 residential income properties for sale in Lake County, IL, showcased through 68 active listings on our real estate platform. These investment opportunities span a total of 6,657,331,613 square feet of properties for sale, with an estimated market value of $178,134,062.

    Prices for residential income properties in Lake County, IL start at $150,000, averaging $425,140, and reaching up to $8,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Residential income properties by market

    Browse Residential income properties for Sale Near Lake, IL

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