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Lake County, IL Residential Income Properties for Sale

66 results
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Zion Multifamily Investment Opportunity
$269,900
0.20 Acres

Zion Multifamily Investment Opportunity

3013 Elim Ave, Zion, IL 60099

Two-unit property near Illinois Beach State Park and downtown Zion.

  • Strong income potential as a legal nonconforming two‑unit property.
  • Ideally located near Illinois Beach State Park, schools, parks, shops, restaurants, Metra, and historic downtown Zion.
  • Ample off‑street parking for up to six vehicles and a garage with newly installed garage doors.
  • Fully fenced yard for privacy and outdoor enjoyment.
  • Separate electric meters for each unit, plus shared laundry room.
Updated: Jan 22
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Antioch Multifamily Investment Opportunity
$900,000

Antioch Multifamily Investment Opportunity

431 Filweber Ct, Antioch, IL 60002

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

  • Six 2‑bedroom units, ideal for investors.
  • Newer roof, boiler, windows, and doors.
  • Updated units with new flooring, kitchens, and dishwashers.
  • Newly paved parking for 10 cars.
  • In‑town location close to shopping, Metra, and Chain of Lakes.
Updated: Dec 2, 2025
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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
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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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Waukegan Multifamily Property For Sale
$325,000
2,400 SF

Waukegan Multifamily Property For Sale

Well-maintained duplex featuring two independent units, each with 1,200 sq. ft.

600 Sunderlin St, Waukegan, IL 60085
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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
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Waukegan Two-Unit Property For Sale
$260,000
0.17 Acres

Waukegan Two-Unit Property For Sale

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

920 Adams St, Waukegan, IL 60085
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Spacious North Chicago Two-Flat Home
Contact for pricing
2,246 SF

Spacious North Chicago Two-Flat Home

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

1617 Grove Ave, North Chicago, IL 60064
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North Chicago Multifamily Property
$269,900
0.15 Acres

North Chicago Multifamily Property

Two-unit property with finished attic and basement, fenced yard.

1025 Lincoln St, North Chicago, IL 60064
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North Chicago Multifamily Property
$259,900
0.07 Acres

North Chicago Multifamily Property

Spacious 2-unit property near Navy base and train station.

706 Broadway Ave, 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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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
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Zion Two-Flat with Garage
$180,000

Zion Two-Flat with Garage

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

2609 Gilboa Ave, Zion, IL 60099
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Two Homes on One Lot
$239,900
0.11 Acres

Two Homes on One Lot

Unique investment opportunity with two homes on one lot.

515 May St, Waukegan, IL 60085
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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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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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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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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
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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
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Highland Park Mixed-Use Development Site
$1,600,000
0.83 Acres

Highland Park Mixed-Use Development Site

36,438 SF mixed-use development site near downtown Highwood, IL.

417-429 Temple Ave, Highland Park, IL 60035
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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
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Waterfront Cottages on Loon Lake
$299,000
0.19 Acres

Waterfront Cottages on Loon Lake

Three waterfront cottages on Loon Lake, ideal for family or investment.

40286 West Shore Dr, Antioch, IL 60002
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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
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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
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Lake County, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 2158 residential income properties for sale in Lake County, IL, showcased through 66 active listings on our real estate platform. These investment opportunities span a total of 6,657,339,018 square feet of properties for sale, with an estimated market value of $178,113,062.

Prices for residential income properties in Lake County, IL start at $150,000, averaging $425,090, 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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