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.
This property has a huge upside with minimal work. Long term owner with below market rents that can be substantially increased. The property consists of 16 residential units of which 10 have been remodeled within the last 2 years. 5 stores are all rented. 2 warehouse units in the back total around 6,300 square feet can be utilized for many different businesses. The warehouses connect to one of the front stores and can potentially be used as a showroom in the store and storage in the warehouse. Separate heating and tenants pay all of their utilities. This building has been historically at 100% occupancy for years. Located on Irving Park Rd. (route 19), this property is close to I90 as well as public transportation.
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!!
Investment opportunity with remodeled turnkey 14 unit brick building west of loop in Humboldt Park. Mix of bed/bath counts al renovated in last 2 years. In addition to new roof, new porch system, updated plumbing and a new exterior security camera system apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Located on massive lot proximity to numerous bus stops, CTA and Metra. Some value add opportunities. Cash flowing asset. Interior pictures forthcoming. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.
Investment opportunity with fully remodeled turnkey 8 unit brick building in Bronzeville neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to high efficiency individual HVAC (air compressors on the roof), a new roof, new 400-amp electric service, and updated plumbing, apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near downtown and expressways I-90/94 plus proximity to an abundance of shopping and retail in Bronzeville, Kenwood, and the Hyde Park neighborhoods. Some value add opportunities. Cash flowing asset. Interior photos will be added soon. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.
Located heart of Logan Square/West Bucktown, this prominent six unit sits next to Walgreens on the corner of Campbell and Milwaukee. All units were gut renovated in 2013, 3 of the units had cosmetic updates in 2022. New roof and tuckpointing work done in 2023. All units feature impeccable condo quality finishes, excellent open layouts, bright units, mix of 2 and 3 bedrooms, hardwood floors throughout, in-unit laundry, granite/stainless kitchens w/ backsplash. The building is steps away from Western Blue Line L Stop, both the 56 and 73 bus routes, restaurants, shopping and nightlife in Logan Square and Bucktown. Tenants pay bundled services of $85/unit/month for additional income. Offered at a 6.7% cap rate on in-place revenue. Ability to do cosmetic updates to three units and move to 7.0%+ cap rate. Assumable debt in place at 4.26% with UPB of $1,170,511.
Investment opportunity with a rare turnkey 13 unit brick building with coach house and garages on oversized lot in hot Edgewater neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to new roof and hot water heaters apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near university, restaurants, retail, lake and more. Some value add opportunities. Cash flowing asset. Additional properties for sale in portfolio. More photos and info forthcoming. Please send POF and sign NDA for financials.
Prime 1200 sq. foot space available for lease or for sale in a highly sought-after location near Belmont/Lincoln/Ashland. This versatile space, previously used as a nail salon, offers an ideal opportunity for businesses seeking a strategic location with ample foot traffic. Whether it's for an office, nail salon, or spa, this space provides a blank canvas for entrepreneurs to bring their vision to life. Don't miss the chance to establish your business in this bustling area
Explore the opportunity this sturdy, all-brick building presents, right in the lively South Western Avenue of Chicago. It features a storefront on the ground floor that's ideal for any business to draw in the area's steady stream of people. Plus, there's a renovated studio apartment, offering convenience and comfort. Head upstairs to see the Single Room Occupancy (SRO) units, all up to code with city inspections and approvals, providing a secure investment for you and reliable housing for tenants. The SRO floor is currently bringing in $2,405/M (7 out of 8 rooms occupied.) Located in a neighborhood that's growing in value, this property isn't just another purchase; it's a smart choice for anyone looking to grow their investment in a promising market. It's set to bring in strong cash flow, making it a standout option for anyone ready to invest in a flourishing area. Come see what makes this property a key piece for your investment future. Book your visit today!
Don't miss out on this remarkable chance to craft something truly extraordinary! The expansive first floor extends all the way to the back alley, offering 3,000+ sqft of versatile space primed for your creative vision, complete with two convenient half baths. Upstairs, discover a full bath and a spacious apartment comprising seven rooms. Over $25k has been invested in essential repairs, including a new roof and water remediation, laying a solid foundation for your endeavors. HUGE Full basement. With a touch of vision and tender loving care, this property has the potential to evolve into a lucrative long-term investment. Boasting zoning for apartments, the possibilities are limitless-let your imagination soar!
Excellent opportunity to give your business exposure on busy 63rd ST with great traffic count! This property is ideal for a growing business. Commercial space is nearly 2000sqft with a great open layout, 2 baths, and access to backyard. Full unfinished basement for additional storage. 2nd floor is a 3 bed 2 bath apartment ready for your finishing touches. Large backyard with 1 car brick garage. Recent upgrades include: NEWER FURNACE, NEWER PLUMBING, NEWER ROOF. Zoning allows for a variety of businesses. LOW taxes and great rental income is ideal for any small business looking to expand! Schedule your showing before it's gone.
Beverly Commercial Office For Sale ~ Prime Location ~ Equipped with a Comfortable Lobby Space ~ Large Reception Office ~ Five Separate Well Spaced Offices ~ Kitchenette Area ~ Conference Room ~ 2 Full Bathrooms, one with a private shower ~ Huge Attached Garage with a Newly installed Garage Door Opener ~ Plenty of Garage Shelving in Place for additional Storage ~ Approximate 3200 Total Building Square Footage ~ Roof Replaced Two Years Ago ~ Property Being Sold As-Is ~ Show & Sell Today.
Incredible opportunity to own in this sought after location. Great for a multitude of businesses. Free standing building, Signalized intersection, 4441 sf retail/office building with 8-10 parking lot spaces on east side, 4 units, all separate utilities, one story commercial brick building with a partial basement, roof 3 years, electrical 2 years, Potential to own your own business or rent. Daily traffic count per IDOT 17,300 (VPD), Nearby many restaurants, shopping, public transportation Orange Line and Midway airport. property well maintained but sold As-Is.
Fantastic opportunity to own this mixed-use building located in an Opportunity Zone. With a projected NOI of almost $200k/yr upon completion, this property consists of ten residential units and four commercial units. The rare gated courtyard design of the property provides an insulated, safe environment for the residents. The four commercial units, with fantastic visibility and access to Ashland Ave are the perfect size for entrepreneurs to get their new businesses off the ground with a bang. The spaces are open, airy and offer flexible layouts that serve a wide range of businesses. The makeup of the residential units is four 1 bedroom units and six 2 bedroom units, each with 1 bathroom. They are all great sized units with big windows and lots of natural light. This is a two story building, convenient for the all tenant types, and also convenient for finishing the rehab (residential plumbing can be PVC, for example). The 4 commercial units will be very easy to fill given their size. They are perfect for NNN tenants like a quick serve restaurant (sandwich shop), barber shop, nail salon, tax/insurance shop etc. The property has been fully demo'd, a new full tear-off roof has been installed, most masonry work is completed and is fully framed out and ready for MEP. Plans have been approved with the city and permits are imminent.
Welcome to this exceptional investment opportunity nestled in the vibrant North Center neighborhood. This well-maintained multi-unit building offers hardwood floors throughout, in-unit washer/dryer and access to public transit, restaurants, shops and local amenities, making it an ideal location for investors, homeowners and tenants alike. (Tenants pay all utilities.) Don't miss out on this incredible opportunity to own a turn-key ready multi-unit gem.
Allow us to introduce our newest listing!! With a total of 10 parking spaces on the exterior and 7 units in the building, this property is the PERFECT investment!! 4/5 RESIDENTIAL UNITS BEING RENTED OUT PLUS 2 MORE COMMERCIAL UNITS! As you enter, notice the fully gutted-out commercial spaces which one can modify to their liking and lease out, as well as the staircase to all the other various units in the building. with a total of 7 units, 5 are residential units and 4 are already rented out for $825. on top of this, the 2 extra units are commercial spaces that are fully empty. ALL apartments have passed city HVAC, Electrical, and plumbing inspections in 2019. The NEW porch passed city inspection in 2019 Located conveniently near public transportation, local grocery stores, many retail shops, and expressways, this property will match perfectly with any tenants looking to lease or rent their new apartment!! Even with some areas of the property needing work, the majority of the units have already been retouched and move-in ready for your convenience!!! Come and schedule your private showing!!
Larger 8 Unit all brick Multi- Family building in up-and- coming Avondale right by South Old Irving Park and the Villa. All eight apartments have 1 Bedrm, 1 Bathrm and Living Rm. Four units have updated kitchens. Whole building is fully occupied by tenants. Most tenants on M/ M basis currently. Basement is full and has four unfinished parts. Components per the owner: Newer hot water tank (2015). Newer Furnace (2014). Newer vinyl windows. Mix of copper and galvanized plumbing. Coin Laundry. Little backyard. Rent Roll is available in Add'l info on MLS. Currently it brings annual rental Income of: $ 143,580! And expenses per the owner are: $ 15,145 plus real estate taxes: $ 16,056. Convenient location close to Blue line train on Addison St and Expressway I-90.
A mixed use Commercial/Residential property on 63rd St. just west of Oak Park. The property is well maintained and set up for a live in investor who is motivated to self manage the rentals in individual cluster offices. There are 10 offices on the first floor with 2 restrooms. There are 2 more offices on the 2nd floor with private baths. central heat and a/c. This is a great concept for new businesses looking for affordable office rent. The 2 offices are expandable on the second floor with a separate neighboring updated 2 bedroom apartment. There is a lot of income opportunity in the location. Some of the many uses are: Real Estate Office, Accountant, Satelite corporate office, etc.
50' or 2-25' storefronts on busy 63rd st just west of Central ave. Approximately 4200 sq ft of main level storefront plus full basement. Currently used as a resale/thrift store warehouse. The business and inventory is negotiable. A great service building for Midway Airport.
Charming Brick 6-Flat with Potential for 7th Unit in Basement! Prime location, minutes from Cumberland Train Station, and easy access to I-90 and I-294 Expressways. Features all 2-bedroom 1 bath apartments, 7 parking spots, and long-time tenants. Note: Property requires renovation. A great investment opportunity for the savvy investor. Sold As-Is.
Located in a desirable Milwaukee corridor in C1-1 zoning on two lots (separate pin numbers: 13224110100000 and 13224110090000) with separate retail addresses: 3542 and 3544 N. Milwaukee Ave. Two 25 feet lots for a total frontage of 50 feet. This solid, cinder block building offers 2 offices, 2 bathrooms, conference room, open concept shop/work areas, 2 overhead garage doors with access from main street and from alley. Gated backyard offers additional parking. Area is being re-developed. I90 access only a mile away. Must see to appreciate it. Sold "AS IS".
Don't miss out this fantastic opportunity to own and operate your business at the busy area on Irving Park Rd. Owner is retiring and hates to leave this beloved building, and willing to convey the business at no additional fee. Corner lot building offers 12+ parking spaces. Current zoning is B3-1, which allows more types of businesses than B1 & B2 districts. B3-1 allows shopping centers, large stores, and retail storefronts, often along major streets; apartments permitted above the ground floor.
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