Lee County, IL Residential income properties for sale

Renovated Estate with Limitless Potential

$1,300,000

15,500 SF

Renovated Estate with Limitless Potential

409 N State Street, Franklin Grove, IL 61031

A multi-building estate with a renovated residence and custom homes.

Multi‑building estate: 1913 renovated main house plus two additional custom‑built homes.
Main house: 10,000+ sq ft, 6 bedrooms, meticulously renovated with historic character and modern amenities.
Carriage house: 2,300 sq ft, full kitchen, king suite with spa bath, private deck, and 5‑car heated garage.
Cottage: 3,200 sq ft, vaulted ceilings, open‑design kitchen, full‑length decks, and garden‑style lower level.
Unique features: Stone cellar with sauna, garden pagoda, water garden with koi pond, yoga lawn, and fruit trees.

Updated: Mar 10

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$160,000

2,356 SF

Duplex with Separate Utilities

1004 Hemlock Avenue, Dixon, IL 61021

Two 3-bedroom units with in-unit laundry and separate utilities provide flexible owner-occupant or rental options.

Unique duplex with 2 units, each offering 3 bedrooms and 1 bathroom
Each unit includes living space and an eat‑in kitchen
In‑unit laundry available in both units
Separate utilities for each unit, including separate furnaces, central AC units, and water heaters
Central air and forced air heating; roof is shingle

Updated: Jun 9

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$230,000

0.43 Acres

Mixed-Use Live-Work Property

Live-work building with main-floor and basement commercial space plus an upstairs 2-bedroom apartment for flexible use.

250 Peru Street, Paw Paw, IL 61353

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$230,000

Mixed-Use Multifamily and Daycare Property

Well-maintained property with existing daycare operations and residential unit potential on two village lots.

250 Peru Street, Paw Paw, IL 61353

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$165,000

0.25 Acres

Historic Church and Parsonage

Unique property blending community space and residential living.

103 E Morgan Street, Dixon, IL 61021

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$44,900

Turn-Key Camping Setup with Wooden Deck

Private, turn-key camping unit inside a gated resort, with a custom wooden deck for outdoor dining and guest entertaining.

25-96 Woodhaven, Sublette, IL 61367

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$34,900

Gated RV Park Lot with Travel Trailer

A gated RV park lot featuring a well-maintained 2006 travel trailer with slideouts and guest room addition.

2-256 Woodhaven, Sublette, IL 61367

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$39,900

Gated RV Park Trailer with Deck

Well-maintained 2006 Cherokee trailer with a room addition and covered deck in a gated, amenity-rich lakeside setting.

17/163 Woodhaven, Sublette, IL 61367

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Lee County, IL, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

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.

$32,500

Residential Land in Dixon, Illinois

Building lot available in Dixon, Illinois.

681 SQUIRREL CHASE lot: K, Dixon, IL 61021

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$36,500

1.41 Acres

Residential Land in Country Setting

Large lot near city, golf, park, and river access.

713 Keller Drive lot: 27, Dixon, IL 61021

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Contact for pricing

0.77 Acres

Residential Lot in Country Setting

0.77 acre residential lot near city activities and golf course.

709 Keller Drive lot: 28, Dixon, IL 61021

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Contact for pricing

0.75 Acres

Residential Lot in Country Setting

Residential lot with city water access in a country setting.

716 Yingling Drive lot: 53, Dixon, IL 61021

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Lee County, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 8 residential income properties for sale in Lee County, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 17,856 square feet of properties for sale, with an estimated market value of $1,460,000.

Sale prices for residential income properties in Lee County, IL start at $160,000, averaging $730,000, and reaching up to $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.