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    Richmond, IL
    Residential Income

    Richmond, IL Residential Income Properties for Sale

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    Genoa City, WI Spring Grove, IL Twin Lakes, WI
    Richmond Commercial Property with Residence
    Updated: Jan 8
    Richmond Commercial Property with Residence

    8621 US Highway 12, Richmond, IL 60071

    $224,990
    2,145 sqft · 0.50 AC lot
    B‑2 Zoning allows for a wide range of commercial and residential uses (Live/Work).
    High‑visibility location on heavily trafficked US RT 12.
    Commercial space (23x33) with potential for a bathroom, can be rented separately.
    Attached 2‑bedroom home with ample storage.
    Newer 200 AMP electric service, 2 meters, and 2 HVAC systems.
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    Richmond Commercial Property with Residence
    Updated: Jan 8
    Richmond Commercial Property with Residence

    8621 US Highway 12, Richmond, IL 60071

    $224,990
    0.50 AC lot
    High‑visibility location on heavily trafficked US RT 12.
    B‑2 zoning allows for a wide range of live/work commercial uses.
    Includes a 2‑bedroom home attached to a 23x33 commercial space with potential for a bathroom.
    Commercial space is separately metered and rentable.
    Newer insulation and 200 AMP electric service in conduit.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Lakefront Tavern and Apartment Property
    Lakefront Tavern and Apartment Property

    137-139 Arthur Avenue, Fox Lake, IL 60020

    $579,000
    0.31 AC lot

    Vacant, lakefront mixed-use site with a former tavern and seven apartments, including piers and deck space.

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    Side-by-Side Duplex With Separate Entrances
    Side-by-Side Duplex With Separate Entrances

    437 Swanson Ct, Twin Lakes, WI 53181

    $535,000
    0.47 AC lot

    Well maintained two-unit duplex offers separate entrances and outdoor space on an additional parcel in Twin Lakes.

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    Side-by-Side Duplex with Separate Entrances
    Side-by-Side Duplex with Separate Entrances

    437 Swanson Court, Twin Lakes, WI 53181

    $535,000
    0.47 AC lot

    Well-maintained two-unit duplex in Twin Lakes with separate entrances and outdoor space on an approximately 0.47-acre lot.

    View details
    Lakefront Tavern and Rental Units
    Lakefront Tavern and Rental Units

    139 Arthur Avenue, Fox Lake, IL 60020

    $579,000
    4,400 sqft

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

    View details

    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.

    Spacious Lot in Country Crossings
    Spacious Lot in Country Crossings

    4914 Patty Lane, Ringwood, IL 60072

    $64,900
    2.12 AC lot

    2.12-acre lot in Ringwood's Country Crossings neighborhood.

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    Genoa City Residential Land
    Genoa City Residential Land

    Lt2 Gifford St, Genoa City, WI 53128

    $175,000
    2.00 AC lot

    Two-acre residential lot in established Genoa City neighborhood.

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    Residential Land in Genoa City
    Residential Land in Genoa City

    Lt3 Gifford St, Genoa City, WI 53128

    $200,000
    2.65 AC lot

    2.65 acre residential lot for custom home construction.

    View details
    Genoa City Residential Land
    Genoa City Residential Land

    Lt4 Gifford St, Genoa City, WI 53128

    $220,000
    3.15 AC lot

    Residential land available in established Genoa City neighborhood.

    View details

    Off-Market Properties in Richmond, IL

    Consider similar Off-Market properties in Richmond, 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.

    5313 Grouse Ln
    APARTMENT HOUSE (5+ UNITS)

    5313 Grouse Ln, Richmond, IL 60071-9257

    $530,000
    Estimated value
    0.34 AC lot
    View details

    Richmond, IL Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Richmond, IL on our real estate platform. These investment opportunities span a total of 2,145 square feet of properties for sale, with an estimated market value of $224,990.

    Sale prices for residential income properties in Richmond, IL start at $224,990, averaging $224,990, and reaching up to $224,990 — 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

    Single family properties 2

    Demographics Overview

    Population 3,946
    Population Growth (5Y) +10.2%
    Median Household Income $77,593
    College Educated 38.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60071 $225K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McHenry County

    New Delisted

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