diff --git a/compiler/util-io/src/org/jetbrains/kotlin/konan/properties/Properties.kt b/compiler/util-io/src/org/jetbrains/kotlin/konan/properties/Properties.kt
index f8a88cfe804..c4924226a69 100644
--- a/compiler/util-io/src/org/jetbrains/kotlin/konan/properties/Properties.kt
+++ b/compiler/util-io/src/org/jetbrains/kotlin/konan/properties/Properties.kt
@@ -69,3 +69,51 @@ fun Properties.keepOnlyDefaultProfiles() {
     // TODO: it actually affects only resolution made in :dependencies,
     // that's why we assume that 'default' profile comes first (and check this above).
 }
+
+
+/**
+ * Wraps [propertyList] with resolving mechanism. See [String.resolveValue].
+ */
+fun Properties.resolvablePropertyList(
+    key: String, suffix: String? = null, escapeInQuotes: Boolean = false,
+    visitedProperties: MutableSet<String> = mutableSetOf()
+): List<String> = propertyList(key, suffix, escapeInQuotes).flatMap {
+    // We need to create a copy of a visitedProperties to avoid collisions
+    // between different elements of the list.
+    it.resolveValue(this, visitedProperties.toMutableSet())
+}
+
+/**
+ * Wraps [propertyString] with resolving mechanism. See [String.resolveValue].
+ */
+fun Properties.resolvablePropertyString(
+    key: String, suffix: String? = null,
+    visitedProperties: MutableSet<String> = mutableSetOf()
+): String? = propertyString(key, suffix)
+    ?.split(' ')
+    ?.flatMap { it.resolveValue(this, visitedProperties) }
+    ?.joinToString(" ")
+
+/**
+ * Adds trivial symbol resolving mechanism to properties files.
+ *
+ * Given the following properties file:
+ *
+ *      key0 = value1 value2
+ *      key1 = value3 $key0
+ *      key2 = $key1
+ *
+ * "$key1".resolveValue(properties) will return List("value3", "value1", "value2")
+ */
+private fun String.resolveValue(properties: Properties, visitedProperties: MutableSet<String> = mutableSetOf()): List<String> =
+    when {
+        startsWith("$") -> {
+            val property = this.substringAfter('$')
+            // Keep track of visited properties to avoid running in circles.
+            if (!visitedProperties.add(property)) {
+                error("Circular dependency: ${visitedProperties.joinToString()}")
+            }
+            properties.resolvablePropertyList(property, visitedProperties = visitedProperties)
+        }
+        else -> listOf(this)
+    }
diff --git a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/compilerRunner/nativeToolRunners.kt b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/compilerRunner/nativeToolRunners.kt
index c6f56b999bf..27328d5d5eb 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/compilerRunner/nativeToolRunners.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/compilerRunner/nativeToolRunners.kt
@@ -12,6 +12,7 @@ import org.jetbrains.kotlin.gradle.plugin.PropertiesProvider
 import org.jetbrains.kotlin.gradle.plugin.mpp.isAtLeast
 import org.jetbrains.kotlin.gradle.utils.NativeCompilerDownloader
 import org.jetbrains.kotlin.konan.CompilerVersion
+import org.jetbrains.kotlin.konan.properties.resolvablePropertyString
 import org.jetbrains.kotlin.konan.target.HostManager
 import org.jetbrains.kotlin.konan.target.KonanTarget
 import org.jetbrains.kotlin.konan.util.DependencyDirectories
@@ -104,7 +105,7 @@ internal abstract class AbstractKotlinNativeCInteropRunner(toolName: String, pro
                 project.file("${project.konanHome}/konan/konan.properties").inputStream().use(::load)
             }
 
-            konanProperties.getProperty("llvmHome.mingw_x64")?.let { toolchainDir ->
+            konanProperties.resolvablePropertyString("llvmHome.mingw_x64")?.let { toolchainDir ->
                 DependencyDirectories.defaultDependenciesRoot
                     .resolve("$toolchainDir/bin")
                     .absolutePath
diff --git a/native/utils/src/org/jetbrains/kotlin/konan/target/Distribution.kt b/native/utils/src/org/jetbrains/kotlin/konan/target/Distribution.kt
index 2c22e4c53a0..a5be1693e31 100644
--- a/native/utils/src/org/jetbrains/kotlin/konan/target/Distribution.kt
+++ b/native/utils/src/org/jetbrains/kotlin/konan/target/Distribution.kt
@@ -43,6 +43,10 @@ class Distribution(
     fun additionalPropertyFiles(genericName: String) =
         preconfiguredPropertyFiles(genericName) + userPropertyFiles(genericName)
 
+    /**
+     * Please note that konan.properties uses simple resolving mechanism.
+     * See [org.jetbrains.kotlin.konan.properties.resolveValue].
+     */
     val properties by lazy {
         val result = Properties()