Residential Income

Phoenix, IL Residential Income Properties for Sale

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Posen, IL Riverdale, IL Midlothian, IL
30 properties
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Studio Apartment Building
Updated: Jun 16
Studio Apartment Building

184 W 147th Street, Harvey, IL 60426

$1,100,000
0.33 AC lot
20‑unit studio apartment building built in 1964 in Harvey, IL
Located on busy 147th Street with approximately 23,000 vehicles per day
Owned and maintained by the same ownership since 2012
Current rents average approximately $750 per month with potential for future growth
Parking lot repaving to be completed prior to closing or a credit provided to the purchaser
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Mixed-Use Building with Service Doors
Updated: Mar 2
Mixed-Use Building with Service Doors

12522 Western Avenue, Blue Island, IL 60406

$425,000
2,882 sqft · 0.21 AC lot
2,882 sq. ft. commercially zoned mixed‑use building with first‑floor office and retail space
First floor includes three oversized service doors for automotive, warehousing, or other commercial uses
Second floor has a large separate apartment
Separate gas and electric meters allow tenants to cover their own utilities
Exterior lot provides ample parking and storage
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Six-Unit Apartment Building
Six-Unit Apartment Building

2526 Broadway Street, Blue Island, IL 60406

$459,900
0.77 AC lot

Six well-appointed units with tenant-paid heating and hot water, plus a finished basement and private parking lot.

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Updated Two-Flat Multifamily
Updated Two-Flat Multifamily

2718 Union Street, Blue Island, IL 60406

$284,900

Move-in-ready two-unit building with in-unit laundry, full basement storage, and paved backyard parking.

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Four-Unit Income Property with Garage
Four-Unit Income Property with Garage

15736 Lathrop Avenue, Harvey, IL 60426

$180,000

Rented quadplex with side lot, oversized two-car garage, and five electrical meters for flexible utility billing.

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Warehouse with Fenced Yard and Offices
Warehouse with Fenced Yard and Offices

17005 Lathrop Avenue, Harvey, IL 60426

$184,900
0.45 AC lot

A 2,475 sq. ft. warehouse with offices, a 16-foot overhead door, and a fenced backyard, plus an income-producing home.

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Blue Island Multifamily Investment Opportunity
Blue Island Multifamily Investment Opportunity

12934 Page Court, Blue Island, IL 60406

$529,000

Six-unit building with value-add potential in Blue Island, Illinois.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

1917 High Street, Blue Island, IL 60406

$350,000

Well-maintained three-unit building with updated kitchen cabinets and a roof replacement about eight years ago.

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Blue Island Multifamily Investment Property
Blue Island Multifamily Investment Property

12909 Page Street, Blue Island, IL 60406

$609,900

Six-unit multifamily property with recent upgrades near transportation and shopping.

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Blue Island Multifamily Investment
Blue Island Multifamily Investment

1949 BURR OAK Avenue, Blue Island, IL 60406

$209,900

Multifamily property with income potential near I-57 and I-294.

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Blue Island Multifamily Investment Opportunity
Blue Island Multifamily Investment Opportunity

2412 HIGH Street, Blue Island, IL 60406

$200,000
0.09 AC lot

Two-unit property in Blue Island, ready for renovation.

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Spacious Harvey Two-Unit Property
Spacious Harvey Two-Unit Property

15616 Loomis Avenue, Harvey, IL 60426

$109,900
0.07 AC lot

Two-unit property with hardwood floors and separate utilities.

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Harvey Multifamily Investment Opportunity
Harvey Multifamily Investment Opportunity

15633 Lexington Avenue, Harvey, IL 60426

$499,999

Six-unit brick building with income and value-add potential.

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Studio Apartment Building with Parking
Studio Apartment Building with Parking

184 W 147TH ST, Harvey, IL 60426

$1,100,000
6,686 sqft

20-unit studio apartment building near major interstates, with a recently repaved asphalt parking lot.

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Well-Maintained Multi-Family Investment Opportunity
Well-Maintained Multi-Family Investment Opportunity

12815 Clinton Street, Blue Island, IL 60406

$250,000
1,000 sqft · 0.14 AC lot

Two-unit building with updates, flexible occupancy, and income potential.

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Blue Island Multifamily Investment Opportunity
Blue Island Multifamily Investment Opportunity

13039 S Wood St, Blue Island, IL 60406

$1,100,000
12,000 sqft

12-unit multifamily property in Blue Island with parking.

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Blue Island Multifamily Investment Property
Blue Island Multifamily Investment Property

12456 Fairview Avenue, Blue Island, IL 60406

$545,000

Six-unit multifamily property in a good rental area.

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Blue Island Multifamily Investment
Blue Island Multifamily Investment

12452 Fairview Avenue, Blue Island, IL 60406

$545,000

Six-unit multifamily property in a good rental area.

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

15416 MYRTLE Avenue, Harvey, IL 60426

$95,000

Two units with 3 bedrooms and 1 bath each, plus an unfinished basement for storage or future improvements.

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Warehouse with Attached Residential Home
Warehouse with Attached Residential Home

17005 Lathrop Avenue, Harvey, IL 60426

$184,900
2,475 sqft

Industrial warehouse with offices, bathroom, and loft storage plus a long-term tenant residence at the front of the lot.

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Mixed-Use Property in Downtown Harvey
Mixed-Use Property in Downtown Harvey

Dixmoor, IL 60426

$350,000
12,000 sqft

Mixed-use property with retail and multi-family units in Harvey, Illinois.

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COMMERCIAL - Blue Island, IL
COMMERCIAL - Blue Island, IL

13341 Olde Western Ave, Blue Island, IL 60406

$375,000
0.15 AC lot

Two-story building with retail, apartment, lot, and income.

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Turnkey Multifamily Investment Opportunity
Turnkey Multifamily Investment Opportunity

12926 Page Ct, Blue Island, IL 60406

$539,900
6,145 sqft

Six-unit property in Blue Island with immediate rental upside.

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

630 Belle Court, Phoenix, IL 60426

$32,000

Two-unit residential income property sold as-is, requiring full rehab and subject to municipal or code compliance requirements.

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Phoenix, IL Residential Income Properties Market Trends and Statistics

Explore 64 residential income properties for sale in Phoenix, IL, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 224,311 square feet of properties for sale, with an estimated market value of $29,324,800.

Sale prices for residential income properties in Phoenix, IL start at $184,900, averaging $2,932,480, and reaching up to $24,500,000 — 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

Duplexes 1
Multifamily properties 1

Demographics Overview

Population 23K
Population Growth (5Y) -20.3%
Median Household Income $40,995
College Educated 12.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Harvey - 60426 $32K

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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