The median home value in Chicago, IL is $312,000.
This is
higher than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Chicago, IL is $312,000.
Approximately 40% of Chicago homes are owned,
compared to 48% rented, while
12% are vacant.
Chicago real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Chicago real estate agent to arrange a tour today! Learn more about Chicago.
Amazing location for a savvy investor! Humboldt Park area, just a couple of blocks from the 606. 3 legal units include one 2 bath storefront (with basement), one 2 bed/1 bath apartment, and one 3 bed/2 bath apartment. Excellent tenants, rents have room to increase. Store has open loft feel with exposed brick, hardwood floors throughout, two bathrooms, central air, high ceilings. Includes full unfinished basement for storage. Apartments have been rehabbed with updated kitchens, baths, and dedicated laundry. Second floor (3 bed/2 bath apartment) also has central air and in-unit laundry. Fenced backyard offers many possibilities for summer enjoyment.
Located just minutes from the desirable Beverly neighborhood and I-57, this commercial storefront offers a prime location for your business endeavors. Currently configured as a dual turnkey barbershop, this property features a fully equipped space with 6 chairs, 4 stations, 2 washbowls, and 3 dryers, making it ideal for established barbers or stylists looking to expand their operations. The spacious layout includes 2 bathrooms and a generous basement for additional storage. Additionally, an adjacent 700 sq ft space with separate utilities and a bathroom provides flexibility for expansion or alternative uses. This property presents a great opportunity for entrepreneurs seeking to capitalize on the bustling local area. Whether you're looking to continue the barbershop tradition or transform the space for your own unique venture, the possibilities are endless. With the seller retiring, immediate occupancy is available upon closing. Don't miss out on this fantastic opportunity - schedule your showing today!
HEART OF WRIGLEYVILLE! Fantastic investment opportunity. 7.9% cap rate! High visibility storefront is currently Lucky Sandwich Company and bar featuring a full commercial kitchen and full basement with a current lease of $6500 (modified gross) per month. 4 nicely renovated and easy to lease apartments on levels 2 and 3. One 3 bedroom and three 2 bedroom apartments with leases as follows: 2F $1770 2R$2305 3F $1870 3R $2250 ALSO, four outdoor parking spaces rented through spot hero for an average of $1500/ month. All units pay their own (gas forced) heat and electricity. A true blue chip property in Chicago's favorite neighborhood!
The Ruble Portfolio, located in the Pilsen neighborhood of Chicago. The portfolio includes five contiguous properties ideally positioned for redevelopment at 2021-2029 South Ruble Street. Currently, there are four multifamily apartment buildings (2-flats) and two garages situated on the offering. The units are a mix of studio and 1-bedroom apartments in various stages of updates and are currently leased. The gross land area is approximately 12,000 square feet and is presently zoned RT-4. The Pilsen neighborhood is one of the most active and vibrant markets in Chicago, and it is extremely rare to have the opportunity to acquire approximately 12,000 CONTIGUOUS SQUARE FEET. The current zoning allows an investor or developer a vast array of development options in this prime location.
INTRODUCING your dream space on BUSY 79th Street! This SPACIOUS 1600-square-foot gem is tailor-made for your retail or office needs. CONVENIENTLY located in a HIGH-TRAFFIC area, your business will thrive with MAXIMUM exposure. As an ADDED touch, the property features a high efficiency HVAC system for added comfort and convenience. The POSSIBILITIES for this space are endless. Don't miss out on this OPPORTUNITY to create a thriving hub that reflects your unique vision and ATTRACTS customers or clients!! SELLER WILLING TO WORK WITH REASONABLE OFFERS!
Welcome to 4254 N Milwaukee Ave, where opportunity awaits. Discover the allure of this versatile mixed-use space, boasting a vibrant commercial area on the ground floor and a cozy apartment unit above, perfectly blending convenience and comfort. But that's not all! With six exterior parking spaces, parking headaches are a thing of the past. Plus, financial details are at your fingertips upon request, ensuring transparency and ease in decision-making. Ready to explore your next venture? This exceptional listing is ready and waiting, beckoning you to schedule a showing and unlock its full potential. Reach out today for more details and take the first step toward realizing your vision!
Prime Retail/Office Condo for Sale: This magnificent well-built new construction 3581 SF ground-floor commercial condo sits a block from the newly renovated Chase Park on the Clark Street corridor between Sunnyside and Wilson Avenues, connecting the Ravenswood, Uptown, and Andersonville neighborhoods. Perfect for daycare, medical office, veterinary services, soft goods, or service retail. The unit is vertically separate from the HOA with minimal fees, and its rare C zoning designation permits various business uses "By Right." Multiple indoor garage spaces are also available for sale, and this property features an 623 SF private outdoor space and over 100' of frontage. Be a part of the incredible revitalization of the North Clark Street corridor, which is experiencing an explosion in new business and property development.Three Indoor attached heated parking spaces available @ $30k each.
Prime Retail/Office Condo for Sale: This magnificent well-built new construction 3581 SF ground-floor commercial condo sits a block from the newly renovated Chase Park on the Clark Street corridor between Sunnyside and Wilson Avenues, connecting the Ravenswood, Uptown, and Andersonville neighborhoods. Perfect for daycare, medical office, veterinary services, soft goods, or service retail. The unit is vertically separate from the HOA with minimal fees, and its rare C zoning designation permits various business uses "By Right." Multiple indoor garage spaces are also available for sale, and this property features an 623 SF private outdoor space and over 100' of frontage. Be a part of the incredible revitalization of the North Clark Street corridor, which is experiencing an explosion in new business and property development.Three Indoor attached heated parking spaces available @ $30k each.
The subject investment property is an 8 unit multifamily building in an up and coming Chicago's Albany Park. Rehabbed building features 6 two bedroom/one bath units and 2 three bedroom/1 bath units, 4 car garage and laundry facility for extra income. All units feature Central heat and AC, newer kitchens with granite countertops, newer bathrooms. Building features new roof, upgraded electric, mostly coper plumbing, newer porch. It is a great opportunity to acquire a rehabbed multifamily building with ability to increase rents.
Tremendous opportunity in this Mixed-use, 4 unit building in the heart of Palmer/ Logan Square. Located just off the BLVD and steps to amazing restaurants/ parks/ nightlife. Easy walk to the Blue Line and 2 blocks North of the 606 entrance. This solid brick building has been well maintained with updates to the major building components (Mechanicals/ Electric/ Pluming), and recent concrete parking pad off the alley. Plenty of room to increase rents with some cosmetic updates. The units consists of 3 large- 3 bedroom- 1 bath apartments plus a retail space on the street level. Apartment 1- 3 bedroom/ 1 bath. Hardwood floors throughout, updated kitchen, AC, w/d in- unit. $2000/mo Apartment 2- 3bd, 1ba features hardwood floors throughout. excellent light, large deck, rent $1550 Apartment 3- 3bd, 1ba- Harwood floors throughout, newer kitchen, AC, W/D in unit, large deck. Rent $1950 (lease just expired) Commercial unit has been fully rehabbed and turn key office suite. Current rent $1842/ mo 3% annual escalations.
Welcome to a golden opportunity where your entrepreneurial dreams can come to life! Situated on a spacious double lot, this substantial commercial property offers endless possibilities, whether you envision opening a restaurant, bar, warehouse, or salon. The main attraction is a versatile commercial space that invites a multitude of business ideas to flourish. Adding to its appeal, the property includes a two-unit building positioned at the rear of the lot, each featuring a well-equipped kitchen, a full bathroom, and three bedrooms. These units provide excellent potential for private offices, staff accommodation, or rental opportunities, enhancing the value and utility of your investment. With this prime setup, you can enjoy the convenience of living close to your business or generate additional income through residential leasing. Don't miss out on this exceptional property where location and versatility converge to offer a unique business opportunity. Turn your vision into reality and never worry about being late to work again!
TURNKEY Large 6 unit apartment building for sale. This is a NEWLY renovated property with numerous updates throughout including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, newly built out laundry room and many more updates throughout. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated and modern including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. This is a tenant paid utility set up that allows the owner to have very low operating costs. The building is a large corner building with excellent curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The building is fully rented post apartment rehabs and is stable and cash flowing
Rare find 3 apartments plus a store front building for sale. Two apartments are recently remodeled with stainless steal appliances, and new bathrooms. All three apartments are 2 bedrooms and 1 bath. First floor has central air, 2nd floor uses window AC units. Live in one and let the rest pay for your mortgage or buy as a pure investment opportunity. Tenants pay all their utilities including heat, water, and trash. Pictures are showing 2nd floor units. 1st floor unit is upgraded and will be shown during the tours.
Turnkey Office/Retail space fully rehabbed. Visibility and direct access to the street and lobby of the doorman monitored building. Prime location on Wacker Dr. with access to all the loop and river north has to offer. Directly across from the merchandise mart and easy access to the river walk. Unit has modern Italian kitchen area with SS fridge and microwave and eat in counters. Tech features include surround sound system run by Alexa and echo mini with access to Spotify etc. Unit had fiber optic with new data closet with Cisco Meraki components. 24-hour access. doorman during business hours and full access to bike room and loading dock. Building has gone through extensive updating in the last few years including updating elevators and tuckpointing the building. CTA and L stops with walking distance and easy access to both LSD and Kennedy/Dan Ryan Expressways. Property surrounded by endless restaurant and bar options as well a countless hotel brands for out-of-town guests. Step to theater district and all loop buildings and Millenium Park is half mile.
INTRODUCING A REMARKABLE MIXED-USE COMMERCIAL PROPERTY LOCATED IN SOUTHWEST CHICAGO. THIS ENTICING LISTING OFFERS A PRIME OPPORTUNITY FOR INVESTORS OR BUSINESS OWNERS SEEKING A TURNKEY OPERATION. THE FIRST FLOOR IS A THRIVING BARBER SHOP, CURRENTLY IN USE AND SUCCESSFULLY OWNED, BOASTING BRAND NEW ELECTRICAL WIRING. ABOVE, A SPACIOUS THREE-BEDROOM, ONE-BATHROOM APARTMENT AWAITS, PROVIDING COMFORTABLE LIVING QUARTERS. THE ENTIRE PROPERTY HAS BEEN METICULOUSLY MAINTAINED, WITH RECENT UPGRADES. WITH LOW TAXES AND THE POTENTIAL TO GENERATE $4,000 PER MONTH IN RENTAL INCOME, THIS PROPERTY PRESENTS AN ENTICING INVESTMENT OPPORTUNITY.
Turnkey Office space fully rehabbed. Prime location on Wacker Dr. with access to all the loop and river north has to offer. Directly across from the merchandise mart and easy access to the river walk. Unit has modern Italian kitchen area with SS fridge and microwave and eat in counters. Tech features include surround sound system run by Alexa and echo mini with access to Spotify etc. Unit had fiber optic with new data closet with Cisco Meraki components. 24-hour access. doorman during business hours and full access to bike room and loading dock. Building has gone through extensive updating in the last few years including updating elevators and tuckpointing the building. CTA and L stops with walking distance and easy access to both LSD and Kennedy/Dan Ryan Expressways. Property surrounded by endless restaurant and bar options as well a countless hotel brands for out-of-town guests. Step to theater district and all loop buildings and Millenium Park is half mile.
Turnkey Office space fully rehabbed. Prime location on Wacker Dr. with access to all the loop and river north has to offer. Directly across from the merchandise mart and easy access to the river walk. Unit is separated in many private offices from former shared office environment but can be fully opened up for collaborative environment. Unit had fiber optic with new data closet with Cisco Meraki components. 24-hour access. Doorman during business hours and full access to bike room and loading dock. Building has gone through extensive updating in the last few years including updating elevators and tuckpointing the building. CTA and L stops with walking distance and easy access to both LSD and Kennedy/Dan Ryan Expressways. Property surrounded by endless restaurant and bar options as well a countless hotel brands for out-of-town guests. Step to theater district and all loop buildings and Millenium Park is half mile.
Turnkey Office space fully rehabbed. Prime location on Wacker Dr. with access to all the loop and river north has to offer. Directly across from the merchandise mart and easy access to the river walk. Unit has modern Italian kitchen area with SS fridge and microwave and eat in counters. Tech features include surround sound system run by Alexa and echo mini with access to Spotify etc. Unit had fiber optic with new data closet with Cisco Meraki components. 24-hour access. doorman during business hours and full access to bike room and loading dock. Building has gone through extensive updating in the last few years including updating elevators and tuckpointing the building. CTA and L stops with walking distance and easy access to both LSD and Kennedy/Dan Ryan Expressways. Property surrounded by endless restaurant and bar options as well a countless hotel brands for out-of-town guests. Step to theater district and all loop buildings and Millenium Park is half mile.
This former 9,000 sqft grocery store is a blank slate, perfect for your retail or industrial needs. Zoned B3-1 allows you to transform this space to fit your usage. Nestled on Division, both blocks away from N Cicero Ave and La Follette Park, this corner lot space will have high traffic year-round for your next establishment. Owners spent over $144,000 last year on roof, masonry, and other upgrades!
Introducing a unique opportunity to own a six unit brick building in highly desirable East Woodlawn. This property offers significant potential for the savvy developer or investor, with endless possibilities for transformation. This property is a blank canvas awaiting your vision: these units can be converted into luxurious condos, perfect for resale in a high demand market. Convert them into modern rental units, providing a reliable income stream or renovate and create an incredible short term rental property. With a large unfinished basement, the building can be converted to (4) 2 bed/2 bath units + (2) 4 bed/3 bath duplex down units. It can also be converted to have (2) full floor units and (2) duplex down units. There are many options. The building features a classic brick exterior with lovely front balconies, adding to its charm and appeal. Situated on a deep lot, there's potential to extend the structure and still provide green space and parking. Currently there's a 3 car garage at the rear of the lot. The roof was replaced in 2022. The location is unbeatable, with easy access to public transportation, Lake Shore Drive, shopping, and dining options. It's also conveniently located near parks and steps away from the University of Chicago campus, making it attractive to a broad range of potential buyers or tenants.
7236 S University is a center entrance apartment building in the Pocket town neighborhood. The building consists of three (3) three-bedroom / one-bathroom units, three (3) two-bedroom / one-bathroom units. Many updates including newer furnace, updated kitchens and baths, in-building laundry. Large units with partial subsidized rents.
Welcome to WOODLAWN! This lucrative 8-unit building in Chicago's highly desirable Woodlawn neighborhood is just what you have been waiting for! 7 units features 2 bedrooms, 1 bathroom, and an additional versatile space suitable for an office or bedroom. The 8th unit is a studio. Seize the opportunity with two vacant units, offering potential for immediate occupancy or customization for an instant increase in CASHFLOW. This property combines modern comfort with investment potential in a vibrant community. This property is a no brainer investment. Schedule your showing today! SOLD AS IS.
Listings courtesy of MRED as distributed by MLS GRID
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