Residential Income

Lake County, IL Residential Income Properties for Sale

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Top Floor Lake View Condo
Updated: Aug 20, 2025
Top Floor Lake View Condo

200 Lake Boulevard #452, Buffalo Grove, IL 60089

$325,000
1,800 sqft
Largest top‑floor unit with 3 bedrooms and 2 baths in the desirable Cambridge on the Lake community.
Serene water views** from every window.
Recently renovated bathrooms and redesigned kitchen with hardwood cabinetry and new refrigerator.
HOA covers water, parking, lawn care, snow removal, and provides access to a pool, clubhouse, fitness center, and landscaped grounds with walking paths.
Spacious bedrooms including a luxurious primary suite, and ample storage throughout.
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200 Lake Boulevard #452, Buffalo Grove, IL 60089

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Lakefront Apartment Building
Updated: Jul 21
Lakefront Apartment Building

26198 W Spring Grove Road, Antioch, IL 60002

$895,000
0.45 AC lot
Eight‑unit apartment property on 0.45 acres
Unit mix includes 2 three‑bedroom, 2 two‑bedroom, and 4 one‑bedroom units
Detached brick cottage included among the four one‑bedroom residences
140 feet of direct lakefront shoreline
Tenant‑paid electric; heat contributions apply November through April
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Waterfront Tavern with Apartments
Waterfront Tavern with Apartments

137-139 Arthur Avenue, Fox Lake, IL 60020

$579,000
0.31 AC lot

Former tavern with seven vacant apartments, lake frontage, piers, and a waterfront deck.

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Duplex With Separate Rear Unit
Duplex With Separate Rear Unit

1910 Elim Avenue, Zion, IL 60099

$253,500
0.20 AC lot

Two living areas provide flexible occupancy, with private access and off-street parking.

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Libertyville Multifamily De-Conversion Opportunity
Libertyville Multifamily De-Conversion Opportunity

375 West Winchester Road, Libertyville, IL 60048

$5,200,000
3,100 sqft

32-unit multifamily property in Libertyville, Illinois, near I-94.

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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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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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Mixed-Use Building on Highway
Mixed-Use Building on Highway

21 S US Highway 12, Fox Lake, IL 60020

$399,900
0.34 AC lot

The property combines two main-level commercial spaces with residential areas and basement storage.

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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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Duplex with Finished Basement
Duplex with Finished Basement

1919 16th Street, North Chicago, IL 60064

$250,000
0.14 AC lot

Separate entrances and on-site parking support a flexible residential income configuration.

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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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Lakefront Tavern and Rental Units
Lakefront Tavern and Rental Units

139 Arthur Avenue, Fox Lake, IL 60020

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4,400 sqft

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

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

2406 Pearsall Parkway, Waukegan, IL 60085

$399,000
0.26 AC lot

Two ranch-style residences offer private fenced yards, finished basements, central air, and separate utility responsibility.

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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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Updated Two-Flat Duplex
Updated Two-Flat Duplex

2511 Western Avenue, Waukegan, IL 60087

$330,000
0.13 AC lot

Rented duplex with refreshed interiors, basement laundry hookups, driveway parking, and significant recent improvements.

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Two-Story Side-by-Side Duplex
Two-Story Side-by-Side Duplex

9905 W Oak Forest Drive, Beach Park, IL 60099

$399,000

Income property with separate units, unfinished basement space, air conditioning, and a private yard.

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Mixed-Use Four-Unit Building
Mixed-Use Four-Unit Building

2445 Sheridan Rd, Zion, IL 60099

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6,100 sqft

Four-unit masonry property with two upstairs apartments and two leased commercial spaces below.

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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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Side-by-Side Ranch Duplex
Side-by-Side Ranch Duplex

803 Pine Grove Avenue, Gurnee, IL 60031

$410,000
2,128 sqft

Mirror-image units feature two bedrooms, full basements, and attached one-car garages with private back yards.

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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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Two-Unit Residential Income Property
Two-Unit Residential Income Property

418 Lawn Court, Waukegan, IL 60085

$309,900
2,508 sqft

Two-unit duplex offers a large main unit plus a tenant-occupied one-bedroom unit with central air and forced-air heat.

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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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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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Lake County, IL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Lake County, IL, showcased through 53 active listings on our real estate platform. These investment opportunities span a total of 31,949 square feet of properties for sale, with an estimated market value of $22,125,774.

Sale prices for residential income properties in Lake County, IL start at $144,400, averaging $632,164, and reaching up to $5,200,000 — 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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