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    Richmond, IL Residential Income Properties for Sale

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    Genoa City, WI Spring Grove, IL Ringwood, IL
    Richmond Commercial Property with Residence
    $224,990
    2,145 SF

    Richmond Commercial Property with Residence

    8621 US Highway 12, Richmond, IL 60071

    Commercial space attached to a 2-bedroom home on 0.5-acre 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.
    Updated: Jan 8
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    Richmond Commercial Property with Residence
    $224,990
    0.50 Acres

    Richmond Commercial Property with Residence

    8621 US Highway 12, Richmond, IL 60071

    Commercial space with attached 2-bedroom home on 0.5 acres.

    • 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.
    Updated: Jan 8
    View details
    Based on your search, we've compiled 3 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, IL, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads

    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

    5313 Grouse Ln

    APARTMENT HOUSE (5+ UNITS) • 0.34 Acres
    Value Estimation
    $530,000
    5313 Grouse Ln, Richmond, IL 60071-9257
    View details

    Richmond, IL Residential Income Properties Investment Opportunities Market Analysis

    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

    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 Strategic Investment

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

    Neighborhood Average Price
    60071 $239K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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    Browse Residential income properties for Sale Near Richmond, IL

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