O'Neil Property Group
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$895,000
12 Days On Site

26198 W Spring Grove Road
Antioch, IL 60002

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1930
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty
26198 W Spring Grove Road26198 W Spring Grove Road26198 W Spring Grove Road26198 W Spring Grove Road
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Monthly Payment (Est.)

$4,083
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ยฉ2026 Information is deemed reliable but not guaranteed.

This exceptional 8-unit multifamily property on Channel Lake offers stable in-place income, proven occupancy, and significant embedded upside through below-market rents and irreplaceable direct lakefront frontage. Situated on a quiet street with 140 feet of Lake Catherine shoreline, the asset provides long-term tenancy, conservative rent growth potential, and an attractive basis relative to both current cash flow and the underlying waterfront land value. The property features a thoughtfully configured mix of units: 2 Three-Bedroom units, 2 Two-Bedroom units, 4 One-Bedroom units, including a charming standalone brick cottage A spacious backyard with mature trees creates a serene, picturesque setting for residents to enjoy. Additional income opportunities include pier space available to tenants from May through September for $55 per month. Tenant-Paid Utilities, all tenants are responsible for their own electric. Tenants contribute a set amount toward heat from November through April (the standalone brick cottage is responsible for both heat and electric). This rare lakefront multifamily asset combines reliable cash flow, strong tenant retention, and substantial future appreciation potential in one of Antioch's most desirable waterfront locations. Whether for an investor seeking portfolio stability or growth, this property represents a compelling opportunity in the Chicago-area market. Ideal for serious investors, contact us today for complete financials, rent roll, and a private showing.

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Listing Snapshot
Priceย 
$895,000
Days On Siteย 
12 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
N/A
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
0.45 Acres
Year Builtย 
1930
MLSยฎ Numberย 
12644046
Statusย 
Active
Property Taxย 
$17,672.32
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLSยฎ
7 days agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acresย 
0.45
Additional Property Useย 
Multi-Family
Foundationย 
Block
Number Of Storiesย 
2
Property Sub Typeย 
Multi Family
Sewerย 
Septic Tank
Water Sourceย 
Well
Zoningย 
OTHER
Interior Features
Basementย 
Unfinished
Coolingย 
Window Unit(s)
Electricย 
Circuit Breakers
Fireplaceย 
Yes
Fireplacesย 
1
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Exterior Features
Construction Detailsย 
StoneVinyl SidingStucco
Roofย 
Composition
Community Features
MLS Areaย 
Antioch
Townshipย 
Antioch
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty



Based on information submitted to the MLS GRID as of 2026-05-27 12:38 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-05-27 12:38 AM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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