Residential Income

North Chicago, IL Residential Income Properties for Sale

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Chicago, IL Waukegan, IL Park City, IL Lake Bluff, IL Gurnee, IL Green Oaks, IL Libertyville, IL Lake Forest, IL
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Two-Unit Duplex with Finished Basement
Updated: Feb 16
Two-Unit Duplex with Finished Basement

1919 16th Street, North Chicago, IL 60064

$250,000
0.14 AC lot
Two‑unit duplex with separate entrances for each unit and the finished basement
Finished basement includes two bedrooms, one bathroom, and a separate entrance
6 exterior parking spaces
0.14‑acre lot
Built in 1922 with aluminum siding
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Two-Unit Duplex with Separate Utilities
Updated: Nov 17, 2025
Two-Unit Duplex with Separate Utilities

706 BROADWAY Avenue, North Chicago, IL 60064

$246,900
0.07 AC lot
Two‑unit duplex with 3‑bedroom units on each floor
Separate utilities with 2 gas furnaces, 2 hot water heaters, and electric meters
Full unfinished basement with lots of storage
Lot size 0.07 acres
Frame construction with asphalt roof
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Two-Unit Duplex with Finished Basement
Two-Unit Duplex with Finished Basement

1025 Lincoln Street, North Chicago, IL 60064

$279,900
0.15 AC lot

Two-unit duplex built in 1928 with finished attic and basement, four full bathrooms, and a fenced yard plus detached two-car garage.

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Duplex With Two Units
Duplex With Two Units

1617 Grove Avenue, North Chicago, IL 60064

$144,400
0.28 AC lot

Brick and stucco 2-flat with natural gas heat, public sewer, and two units totaling five bedrooms and two bathrooms.

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Renovated Brick Duplex
Renovated Brick Duplex

1016 Park Avenue, North Chicago, IL 60064

$310,000

Two-unit layout includes updated kitchens, garage parking, and a basement.

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Renovated Duplex with Garage
Renovated Duplex with Garage

1026 Victoria Avenue, North Chicago, IL 60064

$300,000

Fully updated two-unit property with garage parking, separate residential layouts, and basement space.

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Four-Unit Quadplex with Vinyl Siding
Four-Unit Quadplex with Vinyl Siding

1309 Jackson Street, North Chicago, IL 60064

$365,999

Four separate rental units in an R3-zoned quadplex built in 1932 with natural gas heat, public water, and public sewer.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 7 Active listings in North Chicago, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

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 Brick Building
Mixed-Use Brick Building

818 10th Street, Waukegan, IL 60085

Contact for pricing
4,538 sqft

Brick mixed-use building with two upstairs apartments and a first-floor Mexican restaurant plus space for gambling machines.

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Two Homes on Large Lot
Two Homes on Large Lot

11471 W Leland Avenue, Beach Park, IL 60099

Contact for pricing
0.67 AC lot

Two homes on one property with income potential.

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Mixed-Use Brick Building
Mixed-Use Brick Building

818 10th Street, Waukegan, IL 60085

$449,900
0.16 AC lot

Two-level property combines a Mexican restaurant with two upstairs apartments and additional commercial space.

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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 Lot with Partial Lake View
Land Lot with Partial Lake View

312 Oak Street, Waukegan, IL 60085

Contact for pricing
0.16 AC lot

Buildable lot with partial Lake Michigan views and updated surveyed dimensions near the lakefront and downtown.

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Waukegan Wooded Residential Land
Waukegan Wooded Residential Land

1507 W York House Road, Waukegan, IL 60087

$60,000
1.11 AC lot

1.114-acre wooded residential site ideal for builders.

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Wadsworth Buildable Wooded Homesite
Wadsworth Buildable Wooded Homesite

13388 W Wadsworth Road, Wadsworth, IL 60083

$200,000

3+ acre wooded homesite in desirable Wadsworth area.

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Agricultural Land Along Mill Creek
Agricultural Land Along Mill Creek

17925 W Stearns School Road, Gurnee, IL 60031

$725,000
18.91 AC lot

Agricultural acreage with Mill Creek crossing the parcel and residential homes bordering its southern portion.

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Off-Market Properties in North Chicago, IL

Consider similar Off-Market properties in North Chicago, 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.

1111 Broadway Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1111 Broadway Ave, North Chicago, IL 60064-2726

$1,500,000
Estimated value
5,751 sqft 0.18 AC lot
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2400 24th Pl
APARTMENT HOUSE (UNDER 5 UNITS)

2400 24th Pl, North Chicago, IL 60064-3025

$685,000
Estimated value
11,340 sqft 0.30 AC lot
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2011 Kemble Ave
Multifamily properties

2011 Kemble Ave, North Chicago, IL 60064

Value Estimation by Request
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2600 14Th St
Land

2600 14Th St, North Chicago, IL 60064

Value Estimation by Request
7.86 AC lot
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1521 Broadway Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1521 Broadway Ave, North Chicago, IL 60064-2733

$310,000
Estimated value
5,043 sqft 0.36 AC lot
View details

North Chicago, IL Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in North Chicago, IL, showcased through 7 active listings on our real estate platform.

Sale prices for residential income properties in North Chicago, IL start at $144,400, averaging $271,028, and reaching up to $365,999 — 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 7
Duplexes 6
Quadplexes 1

Demographics Overview

Population 29K
Population Growth (5Y) +4.3%
Median Household Income $55,730
College Educated 13.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60064 $399.4K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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