Residential Income

Mchenry, IL Residential Income Properties for Sale

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Legal Three-Unit Building in McHenry
Updated: Apr 14
Legal Three-Unit Building in McHenry

3807 Main Street, Mchenry, IL 60050

$490,000
0.20 AC lot
Legal 3‑unit building built in 1988
Vinyl siding construction with forced‑air natural gas heating
Public water and public sewer service
Each unit includes its own laundry area
Long driveway plus additional parking in front of the building
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Two-Parcel Industrial Land Site
Updated: Jul 15
Two-Parcel Industrial Land Site

1519 S IL Route 31, Mchenry, IL 60050

$495,000
1.20 AC lot
Two‑parcel property (1519 S IL Route 31 and 4404 Hi‑Point Road) totaling 1.20 acres
1519 S IL Route 31: 1,890 SF residence with 3 bedrooms and 1.5 baths, currently used as income property
4404 Hi‑Point Rd: barn with office plus a freestanding garage
Each parcel has an independent septic and a shared well
Zoned industrial on both parcels, with utilities including natural gas available
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McHenry Investment Property Near Downtown
McHenry Investment Property Near Downtown

3937 Main Street, Mchenry, IL 60050

$649,000

Excellent investment property near Metra, shops, and restaurants.

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Upgraded Two-Unit Residential Property
Upgraded Two-Unit Residential Property

2604 Fair Oak Lane, Mchenry, IL 60051

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Upgraded two-unit building with shared laundry, a large second-floor terrace, one-car garage, and recent major systems.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

3807 Main Street, Mchenry, IL 60050

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Legal three-unit triplex built in 1988 with individual laundry areas and separate tenant responsibility for utilities.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 Active listings in Mchenry, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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

21 S US Highway 12, Fox Lake, IL 60020

$399,900
0.34 AC lot

Four-unit mixed-use property with two main-level commercial suites, an efficiency apartment, and rooftop patio.

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Spacious Duplex in Desirable Community
Spacious Duplex in Desirable Community

627 Chardonnay Lane, Crystal Lake, IL 60014

Contact for pricing
3,000 sqft

Well-maintained duplex with investment potential in Crystal Lake, Illinois.

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Crystal Lake Two-Unit Investment Property
Crystal Lake Two-Unit Investment Property

40 S WALKUP Avenue, Crystal Lake, IL 60014

$321,815
0.27 AC lot

Two-unit property near downtown Crystal Lake amenities and transportation.

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Lakefront Tavern and Apartment Complex
Lakefront Tavern and Apartment Complex

137-139 Arthur Avenue, Fox Lake, IL 60020

$579,000

Vacant lakefront property with a former tavern and seven apartments, including piers and a deck; requires work.

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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.

Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Land in Bull Valley
Land in Bull Valley

Sudburg Court lot: 23, Bull Valley, IL 60098

$299,000
3.05 AC lot

3.05 acre homesite in Bull Valley Pine Ridge Subdivision.

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Vacant Lot in Heritage Hills
Vacant Lot in Heritage Hills

4315 S Heritage Hills Road, Crystal Lake, IL 60012

$92,500
1.85 AC lot

1.85-acre vacant lot in a desirable Crystal Lake neighborhood.

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Residential Land in Timberhills
Residential Land in Timberhills

4353 Carlisle Drive, Crystal Lake, IL 60012

$125,000
1.02 AC lot

Residential land for sale in Crystal Lake, Illinois.

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Off-Market Properties in Mchenry, IL

Consider similar Off-Market properties in Mchenry, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1909 State Rte
Farms

1909 State Rte, McHenry, IL 60050

Value Estimation by Request
234.63 AC lot
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2212 Richmond Rd
Land

2212 Richmond Rd, McHenry, IL 60051

Value Estimation by Request
2.00 AC lot
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7111 Forest Oak Dr
Land

7111 Forest Oak Dr, McHenry, IL 60050

Value Estimation by Request
0.84 AC lot
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Mchenry, IL Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Mchenry, IL, showcased through 5 active listings on our real estate platform.

Sale prices for residential income properties in Mchenry, IL start at $490,000, averaging $544,666, and reaching up to $649,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 4
Triplexes 2
Duplexes 1

Demographics Overview

Population 56K
Population Growth (5Y) +0.0%
Median Household Income $93,997
College Educated 38.0%

High-Yield Neighborhoods for Investment

Identify Mchenry submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60050 $569.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McHenry County

New Delisted

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