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    Lake County, IL Residential Income Properties for Sale

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    48 properties
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    Mixed-Use Building with Apartments
    Updated: May 27
    Mixed-Use Building with Apartments

    21 S US Highway 12, Fox Lake, IL 60020

    $399,900
    0.34 AC lot
    Two adjoining commercial spaces and two apartments, including an efficiency unit
    One commercial space has a barber tenant who would like to remain; the other is leased
    About 440 square feet of finished basement office or storage area connected to one commercial space
    Second‑floor apartment includes two bedrooms, one full bath, and a rooftop patio
    Two lots totaling 0.3444 acres with parking for around 25 cars
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    Duplex with Full Basement
    Updated: Sep 4
    Duplex with Full Basement

    1919 16th Street, North Chicago, IL 60064

    $230,000
    0.14 AC lot
    Duplex with six bedrooms and three bathrooms overall
    Full unfinished basement for storage or future expansion
    Two dedicated parking spaces assigned to each unit
    Separate utilities for the two residential units
    Exterior aluminum siding painted in September 2026
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    Commercially Zoned Single-Family Home
    Commercially Zoned Single-Family Home

    140 E Acre Court, Round Lake Beach, IL 60073

    $499,900
    0.89 AC lot

    3BR/2BA residence on commercially zoned land with a 2-car garage, exterior parking, walkout basement, and deck.

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    2-Unit Residential Income Property
    2-Unit Residential Income Property

    124 South Central Avenue, Highwood, IL 60040

    $549,000
    1,680 sqft

    Ranch-style 2 flat with two 2-bed, 1-bath units, oversized garage parking, and basement laundry and storage.

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    Commercially Zoned Residential Property
    Commercially Zoned Residential Property

    168 E Acre Court, Round Lake Beach, IL 60073

    $499,900
    0.89 AC lot

    3BR/2BA home on 0.89 acres with a 2-car garage, deck, walkout basement, and parking for 6+ vehicles.

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    Lakefront Apartment Building
    Lakefront Apartment Building

    26198 W Spring Grove Road, Antioch, IL 60002

    $865,000
    0.45 AC lot

    Eight-unit multifamily property with varied layouts, a detached brick cottage, and direct shoreline access.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    21 S US Highway 12, Fox Lake, IL 60020

    $399,900
    0.34 AC lot

    Two commercial suites and two apartments are arranged across the main and second floors.

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    Duplex with Three-Car Garage
    Duplex with Three-Car Garage

    372 Alta St, Grayslake, IL 60030

    $789,900
    0.25 AC lot

    The two residences have separate utility meters, with one unit vacant and the other currently rented.

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    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    33125 N US Highway 45, Grayslake, IL 60030

    $495,900
    0.29 AC lot

    Brick commercial property combines multiple main-level storefronts with an upper-level apartment and on-site customer parking.

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    Brick Tri-Level Duplex
    Brick Tri-Level Duplex

    2623 Gilboa Avenue, Zion, IL 60099

    $419,900

    Side-by-side units feature hardwood floors, eat-in kitchens, and dedicated laundry rooms.

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    Business-Zoned Land with Curb Cuts
    Business-Zoned Land with Curb Cuts

    1207 Main Street, Antioch, IL 60002

    $738,000
    1.90 AC lot

    Commercially zoned land with existing curb cuts and city sewer and water on site, plus rented month-to-month income units.

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    Two-Unit Duplex with Basement
    Two-Unit Duplex with Basement

    525 SOUTH Avenue, Waukegan, IL 60085

    $265,000

    Both residences have two bedrooms and one full bath, with separate occupancy arrangements.

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    Two-Unit Duplex with Basement
    Two-Unit Duplex with Basement

    517 N Jackson Street, Waukegan, IL 60085

    $165,000
    0.12 AC lot

    Two residences offer separate layouts, rear vehicle parking, and public water and sewer service.

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    Lakefront 8-Unit Apartment Building
    Lakefront 8-Unit Apartment Building

    26198 Spring Grove Road, Antioch, IL 60002

    $865,000
    19,820 sqft

    Multifamily property offering varied unit layouts, direct waterfront frontage, and a separate brick cottage.

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    2-Unit Duplex with Garage
    2-Unit Duplex with Garage

    372 Alta Drive, Grayslake, IL 60030

    $789,900
    0.24 AC lot

    Two separately metered residences include one vacant unit and one currently occupied by a tenant.

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    Brick Side-by-Side Duplex
    Brick Side-by-Side Duplex

    3240 Elisha Avenue, Zion, IL 60099

    $279,900

    Updated two-unit ranch with separate three-bedroom and two-bedroom layouts, appliances, and laundry hookups.

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    Lakefront Tavern and Rental Units
    Lakefront Tavern and Rental Units

    139 Arthur Avenue, Fox Lake, IL 60020

    Contact for pricing
    4,400 sqft

    Lakefront property combining a former tavern space with seven rental units in Fox Lake.

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    Two-Unit Frame Duplex
    Two-Unit Frame Duplex

    706 BROADWAY Avenue, North Chicago, IL 60064

    $246,900
    0.07 AC lot

    Each dwelling includes three bedrooms, a full bathroom, an eat-in kitchen, and a formal living room.

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    Side-by-Side Duplex with Basement
    Side-by-Side Duplex with Basement

    9905 West Oak Forest Drive, Beach Park, IL 60099

    $399,000
    4,000 sqft

    Two-story side-by-side duplex with 3 bedrooms, 1.5 baths per unit, unfinished basement, large yard, and AC.

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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    1025 Lincoln Street, North Chicago, IL 60064

    $279,900
    0.15 AC lot

    Finished attic and basement areas provide additional rooms and bathrooms beyond the primary living spaces.

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    Top Floor Lake View Condo
    Top Floor Lake View Condo

    200 Lake Boulevard #452, Buffalo Grove, IL 60089

    $325,000
    1,800 sqft

    Spacious 3-bedroom condo with lake views and updated features.

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    Renovated Brick Duplex
    Renovated Brick Duplex

    1016 Park Avenue, North Chicago, IL 60064

    $310,000

    Two-unit residential property with updated interiors, major system improvements, and an attached garage.

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    4-Unit Quadplex with Attached Garage
    4-Unit Quadplex with Attached Garage

    106 W State Rd, Island Lake, IL 60042

    $850,000

    Four occupied residences provide lease income through 2027, with Business zoning and an attached garage.

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    Brick Two-Unit Duplex
    Brick Two-Unit Duplex

    1617 Grove Avenue, North Chicago, IL 60064

    $144,400
    0.28 AC lot

    Two residential units provide a five-bedroom, two-bathroom configuration with basement space and owned parking.

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    Lake County, IL Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Lake County, IL, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 31,700 square feet of properties for sale, with an estimated market value of $17,560,439.

    Sale prices for residential income properties in Lake County, IL start at $144,400, averaging $418,105, and reaching up to $945,000 — 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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    Featured Lake County Real Estate Agencies

    Realmo connects you with licensed Lake County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    NetGar Investments Inc.
    3563 Grand Ave. Gurnee, IL 60031
    Phone: 18472638100
    netgarrealty.com
    Helen Oliveri Real Estate
    101 W Gilmer Rd. Hoffman Estates, IL 60047
    Phone: 18479670022
    www.helenoliveri.com
    Blue Fence Real Estate Inc
    29 S Old Rand Road Hoffman Estates, IL 60047
    Phone: 18475570106
    www.bluefence.com
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