# 26198 W Spring Grove Road, Antioch, IL 60002

> **TL;DR:** 14bd/8ba residential multi family, $895,000, built 1930.
> Fireplace, A/C. Est. $3,878/mo. Listed 18 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $895,000 |
| Bedrooms | 14 |
| Bathrooms | 8 full |
| Year Built | 1930 |
| Lot Size | 19,602 sqft (0.45 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 18 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,878 |
| **Total** | **$3,878** |

## Key Amenities

- Fireplace
- A/C

## Property Highlights

- Built in 1930
- 0.45 acre lot
- 2 stories
- Fireplace

## Description

### Agent Description
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.

## Location

- **Address:** 26198 W Spring Grove Road, Antioch, IL 60002
- **County:** Lake
- **Coordinates:** 42.475158, -88.144324
- **Google Maps:** https://www.google.com/maps?q=42.475158,-88.144324

## Listing Agent

- **Name:** Michael Scanlon
- **Brokerage:** eXp Realty
- **Phone:** (888) 574-9405
- **Email:** michael.scanlon@exprealty.com

## Primary Photo

![26198 W Spring Grove Road - Primary Photo](http://lh.rdcpix.com/51b96061e3152b1697c6830143e4f8fdl-f3169874536r.jpg)

*20 total photos available on [listing page](https://www.propertysimple.com/listing/26198-w-spring-grove-road-antioch-il-60002-12644046)*

---

**MLS#:** 12644046 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/26198-w-spring-grove-road-antioch-il-60002-12644046)

---

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