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.
4 UNIT VALUE ADD OPPORTUNITY IN THE PRIME WICKER PARK/BUCKTOWN AREA! Brick, Mixed Use Building with 3 residential apartments - 1/1 each, 1 commercial storefront that operated as a pick up/drop off cleaners by the seller for over 40 years, 2 car attached garage, full unfinished basement with very high ceilings, an expansive patio/rooftop deck/sundeck. Family occupied building, so rents are well below market and ready for new owner to maximize revenue and value on this great investment via stabilization and strategic improvents! Cash or Reno Financing ONLY, Lis Pendens from the City of Chicago Case#20231401774, seller has an estimate of approximately $68K for the masonry work, permits applied for; however, seller chose to let the new owner decide the work to be done as part of their own reno plan. Scafolding already in place, permits and violations will transfer with sale. Sold AS IS WHERE IS. Neither seller, seller's agent or seller's brokerage make any respresentations, warranties or guarantess expressed or implied. Conduct independent due diligence. 48 hour notice to view required, POF/PRE APPROVED BUYERS. NOTE: 1826 N Ashland a 2 UNIT recently sold for $549K, this is a 4 UNIT do the math!
LOCATION! LOCATION! LOCATION! Highly business Downtown Edgebrook, 2100 square foot building, very well maintained inside and outside, perfect set-up for most business like medical/dental office, attorney office, day care, insurance companies, real estate office and more. LED Lights, sound surround system, updated 3 rest rooms, newly painted and with kitchen. Many local businesses, restaurants, Edgebrook Library and Metra strip on Devon/Lehigh. Near Highway exits I-90.94 Expressways. Shows very well!
Large 7-unit brick apartment building at the coveted corner of Throop Street and 29th Street, offering a rare investment opportunity. This well-maintained property features spacious 1, 2, and 3-bedroom units, recently updated to attract quality tenants while retaining a few long-term residents for stability. With an annual rental income above 110,000, the below-market rents present significant upside potential for immediate revenue growth through strategic increases. Tenant-paid utilities and low operating expenses ensure strong cash flow, making this a low-maintenance, high-yield asset. The building's financial appeal is further enhanced by a successful 2024 tax appeal, resulting in a reduced property tax burden. Its corner location provides excellent visibility and accessibility, ideal for sustained tenant demand. With modern updates already in place and minimal upkeep required, this property is positioned for both short-term gains and long-term appreciation. Don't miss the chance to acquire a turnkey multifamily investment with immediate value-add potential in a thriving rental market.
Unlock the potential of this expansive 8,000+ sq. ft. commercial building, ideally located just seconds from Stoney Island and directly across from the historic former Sears Roebuck site. Featuring all-new underground plumbing and the ability to be configured into up to 7 separate units, this is a rare opportunity for developers or investors seeking a versatile space in a high-traffic, high-visibility area. Whether you're envisioning retail, office, or mixed-use development, the possibilities are vast. Immediate possession upon closing. Submit your best offer - all proposals will be carefully evaluated. Serious inquiries only.
Loft space at 824 West Superior #312. Move-in ready! Ideal for OFFICE (with option for Work/Live). We are located in the hot River West area of Chicago, with easy access to all highways. Our building has an elevator and package receiving room. This open concept loft space is filled with character, approximately 13 ft high ceilings, with oversized windows and great light. One of the 3 office suites has a balcony. There is a private 1/2 bathroom and built-in kitchenette. Unit has central air conditioning and gas forced heat, in a professionally managed building. HOA dues include water, gas, snow removal, trash removal, common hallway cleaning, and building insurance. Great River West location is close to the Loop, West Loop, Fulton Market, and the new Bally's Casino development, with easy access to bike to work routes from Ukrainian Village, Wicker Park, Bucktown and Logan Square. Street or pay-to-park parking in lot across the street.
This massive warehouse distribution site is the perfect place to store and distribute your products. With its high ceilings, ample truck bays, and overhead traveling crane, it can accommodate a wide range of businesses. The property also features a spacious office area with executive office and private bathroom. Located in a prime industrial area of Chicago, this property is easily accessible from major highways and airports. It is also close to a variety of amenities, including restaurants, hotels, and shopping centers. Imagine the possibilities: Use the warehouse space to store your inventory and ship products to customers all over the world. Set up a manufacturing or assembly operation in the warehouse. Use the office space for your administrative and sales teams. Lease out the extra space to other businesses. No matter what your needs are, this warehouse distribution site has something to offer. Property Features: 55,000 sq ft warehouse with 35' ceiling height, 3,200 sq ft office, 480 Volts/400 Amps electric, 10-ton overhead traveling crane, 4 truck bays measuring 16 x 16, 15 x 18, 10 x 8, 12 x 10, 2 rooftop HVAC units (1 new AC 6 months old), 2 gas forced air units (MAIN UNFINISHED WAREHOUSE AREA UNHEATED), Vinyl windows in office (10 years old), Executive office with private bathroom, Second 2-ton crane, Close to train, highways, airports, and downtown Chicago, 0.9 miles to Union Pacific Railroad, 0.5 miles to I-290 and 2.5 miles to I-55, 7.7 miles to Midway International Airport, 2.5 miles to downtown Chicago. STREET PARKING ONLY.
New construction, all masonry building in Avondale with four apartments and one retail storefront. This is a BRAND NEW, condo-quality rental building, perfect for an armchair investor or savvy owner occupant who is looking for a turnkey investment. Each unit has an excellent floorplan with a covered balcony, large kitchen with island and quartz countertops, spacious living areas, washer/dryer in-unit, and separate HVAC and utilities. 3 outdoor parking spaces. Great Avondale location with development all around. 1/2 block walk to Avondale Coffee Club, The Beer Temple, Kuma's Corner, and much more. Just a couple blocks to the Chicago River with a great bike path, and super easy highway access. Three - 3 bed 2 bath apartments. One - 2 bed 2.1 bath apartment. One Storefront.
Great investment opportunity! It offers a spacious 3 bedroom apartment on the second level with a large porch room. The store is currently leased with an established business to provide stability for owner.
IDEAL OFFICE/RETAIL SPACE in this Commercial condo located on bustling Irving Park Rd in prime Lakeview location! At 1138 sqft, this unit includes a dedicated front entry, comfortable reception area, 3 private large offices w/ closets, a kitchenette, and one powder room. Entire office space built out in 2001. Zoned B3-1. New HVAC 2024, water heater 2020. 200 amp electric installed. TWO DEEDED PARKING SPACES included! Common ROOFTOP DECK available for owner use! Excellent walkability close to Wrigleyville and Southport Corridor. Steps from public transportation and near Lake Shore Dr.
This unique build-out is suitable for all types of businesses or customize to suit. The 14 ft. ceilings off so much versatility. There is a kitchenette and extra storage. Sunny southern exposure. Located in beautiful Roscoe Village. Bring you vision here and be a part of a growing business community.
New construction, all masonry building in Avondale with four apartments and one retail storefront. This is a BRAND NEW, condo-quality rental building, perfect for an armchair investor or savvy owner occupant who is looking for a turnkey investment. Each unit has an excellent floorplan with a covered balcony, large kitchen with island and quartz countertops, spacious living areas, washer/dryer in-unit, and separate HVAC and utilities. 3 outdoor parking spaces. Great Avondale location with development all around. 1/2 block walk to Avondale Coffee Club, The Beer Temple, Kuma's Corner, and much more. Just a couple blocks to the Chicago River with a great bike path, and super easy highway access. Three - 3 bed 2 bath apartments. One - 2 bed 2.1 bath apartment. One Storefront.
Professionally designed street level office space. This is a fantastic opportunity to purchase a MOVE-IN-READY 18+ years established medical spa with a larger loyal clientele or to reimagine the space for your venture - Medical/Dental Practice, Health/Fitness, Service/Misc. The space includes a beautiful reception and client waiting area, 4 private exam rooms (2 with sinks), a semi private business office, bathroom, kitchenette, and a utility/storage area with washer and dryer. This commercial condo has great ground floor visibility on a busy street in the Lakeview neighborhood.
Amazing Mixed-Use Building!! VERY LOW PROPERTY TAX!! This exceptional mixed-use property, located in the vibrant Portage Park area, offers a prime opportunity for both business and residential living. Spanning across four levels, the building features: - Ground Floor Commercial Space: The main floor presents expansive commercial space perfect for retail, office, or service-based businesses, currently occupied by a restaurant. With high visibility along the bustling N Milwaukee Ave corridor, this area enjoys heavy foot traffic and easy accessibility for customers. - Lower-Level Commercial Space: The lower level offers additional versatile space, ideal for storage, office expansion, or further commercial ventures, with convenient access and great potential for diverse use. - 4 Luxury Residential Units: Above the commercial spaces, find four beautifully appointed residential units, each featuring high-end finishes, modern appliances, and spacious layouts. Designed with comfort and sophistication in mind, these units provide an ideal living experience in one of Chicago's most desirable neighborhoods. - Prime Location in Portage Park: Situated in the sought-after Portage Park neighborhood, this property is within walking distance of parks, restaurants, cafes, and public transit, offering residents and businesses alike an unparalleled convenience of living and working in this dynamic community. This property presents a unique opportunity to own a piece of the thriving Portage Park area, combining residential luxury with commercial potential. Whether you're looking to expand your business or invest in a high-quality residential development, this property has it all.
Ideal location for a new retail store, boutique, bakery, barber shop, salon, restaurant, convenience store, dry cleaners, or community center. The front room is ideal for use as dining or retail, and has been recently rehabbed with new recessed lighting, two half-baths (men's/women's), new entryway doors and windows, and is large enough to seat 80+ guests. Back room and basement could be converted to a kitchen, office space, or storage, if running a retail business. Space could also be divided to allow for multiple tenants. B1-3 zoning is one of Chicago's most powerful and flexible zoning designations for neighborhood-scale development. Ideal for both investors and owner-occupants, B1-3 zoning offers a blend of commercial exposure and residential density, allowing for ground-floor retail, service, or office use with residential units above, all without the costly delays of a zoning change.
Fully renovated twostory mixeduse masonry building of approximately 3,100 square feet plus full dry basement at 1745 N Cicero Avenue. First floor is an open, columnfree commercial showroom ideal for retail, office, studio, gallery, boutique fitness, light auto service or liquor sales under flexible C21 zoning; brandnew insulated glass storefront scheduled for installation prior to closing. Second floor offers a condoquality apartment of roughly 1,550 square feet with two large bedrooms, one full bath, separate living and dining rooms, eatin chef's kitchen with shaker cabinets, quartz counters and stainless appliances, and hardwood floors throughout. Both floors have new HVAC, plumbing, electrical and separate utilities, plus two highefficiency water heaters. Full painted basement includes washer and dryer and abundant storage. Fenced rear yard and gated offalley parking for two to three cars. Hightraffic location on Cicero Avenue with bus service at the door, 0.4 miles to Metra Grand/Cicero station and strong neighborhood demographics supporting longterm appreciation. Ideal for livework owner, investor or creative business seeking turnkey condition and zero deferred maintenance. All information deemed reliable but not guaranteed; buyers and agents to verify measurements, zoning and permitted uses. New storefront glass will be installed before close.
Incredible 5 unit investment opportunity in exceptionally well maintained condition- 3 unit building in front, along with another 2 unit coach house, including on-sight laundry, in rear. Both buildings have plenty of unfinished attic space for potential ideas or projects. Each unit has their own water heater and furnace, 2 br 1 bath and move in ready. Rents can easily be much higher in the rapidly appreciating Little Village. Plenty of plus' for tenants- walking distance from 26th st, with plenty of commuter resources (CTA, divvy, Pink line, shopping, restaurants, entertainment, schools) Schedule your showing today.
Located in the South Chicago neighborhood, the building has 7-units, all consisting of 3 bedrooms and 1 bathroom. The backyard is fully fenced, with 4 parking spaces available if new owner wants to open the fence. The building has been well maintained over the last 6 years of ownership, setting things up like two washers and dryers and storage units for all apartments in the basement, as well as a private storage for owner. The 7 units all consist of 3 bedrooms and 1 bathroom with dining room and large living rooms with faux fireplaces and lots of natural light. 1 unit has been fully renovated with new kitchen, 5 of 7 have their hardwood floor completely refinished, and various units have refurbished stainless steel appliances and new bathroom vanities.
A rare investment opportunity to own a high-visibility, mixed-use property in a prime location along bustling Montrose Avenue. This versatile building is ideal for owner-occupants, investors, or business owners looking to maximize exposure and generate rental income. Currently utilized as a physical therapy office, the spacious 6-room, 1.5-bath commercial space on the main floor is well-suited for a variety of business uses. Features include a welcoming reception area, private office, full and half bath, utility room with two furnaces (HVAC), water heater, laundry facilities, and ample storage, and a flexible layout to accommodate different business needs. A separate entrance (interior and exterior access) leads to the second-floor 3-bedroom, 1-bathroom apartment, featuring a bright living room with access to a front balcony, kitchen with dining area, back deck overlooking a large backyard, two-car garage for added convenience. B3-2 Zoning - More flexibility for businesses compared to B1 and B2 districts. Maximum street visibility - High foot and vehicle traffic ensures steady exposure for any business. Don't miss this exceptional opportunity to own a property in a thriving commercial corridor! Note: Zoning information is sourced from the city zoning map. Broker makes no representation as to actual zoning or buildability. Buyer to verify all zoning and development potential.
EXCELLENT LOCATION AND VISIBILITY, 2-STORY OFFC BLDG, JUST ACROSS LINCOLN VILLAGE SHOPPING COMPLEX,1ST FLR: 1875 SF CURRENTLY LEASED TO A KUMON MATH AND READING CENTER, 2ND FLR: GEN. OFFICE AREA, 8 PRVT OFFICES, CONFERENCE ROOM, WAITING AREA, 2 WASHROOMS, AND STORAGE ROOM, SOLD AS-IS CONDITION, GOLDEN OPPORTUNITY FOR INVESTOR OR OWNER USERS.
A great investment property in the heart of the Bucktown neighborhood in Chicago. Over 3/4 of the monthly income comes from @properties and Christies International Real Estate. In January 2025, @propeties was acquired for over $440 million by Compass, one of the largest US residential real estate companies with over $180 billion in sales volume and publicly traded on the NYSE with a market cap of approximately $3 billion. @properties has been at this location for over 18 years and recently extended their lease until 2030, showing their commitment to this office. The remaining income comes from two residential units. Strong income demographics.
Located in the heart of affluent Lakeview, this 2,400 SF newer-construction retail space presents a rare, turnkey investment opportunity with a stable, long-term tenant operating a thriving luxury nail salon. Ideally situated at the high-traffic intersection of W Belmont Ave and N Southport Ave-just steps from the lively Southport Corridor and within walking distance of the Red, Purple, and Brown Lines-this premium ground-floor commercial condo sits beneath six upscale residential units. The space features nine expansive floor-to-ceiling storefront windows (over 30 feet of sidewalk storefront) , elegant white tile flooring, high-end modern finishes, newer mechanical systems, and a heated sidewalk. The layout includes two half bathrooms and three built-out office rooms including onsite washer and dryer. Surrounded by dense residential developments, acclaimed restaurants, and top-tier retailers, the property benefits from consistent foot traffic and high visibility. One outdoor parking space is included. The existing business plans to remain and is open to signing a negotiable 5+5 year lease, offering both immediate rental income and long-term stability. There is also an option to purchase real estate and have the current tenant vacate the premises for an additional $160,000.
WOW! Long time (30+ year) owner offers this large 5400 square foot, well maintained, well managed and fully occupied all brick Mixed Use property that generates a solid $3,346/month ($40,152/year) positive cash flow (using accurate numbers including all operating expenses, taxes, etc.)! Long time tenants are three commercial spaces (barber school, a take-out restaurant, office) and four apartments consisting of a 2-bedroom unit and three studios. The commercial tenants pay their own electric. Fully fenced lot with plenty of parking. Plenty of road and foot traffic on Madison Street.
Prime Northcenter Double (50'x125') Lot - Mixed Use Property - Consists of large 3-unit apartment building and approximately 2000 sqft, bow-truss commercial garage with Irving Park curb-cut, side-drive and alley access. Large apartments in good condition, hardwood floors under carpet. Minor updates would yield great rental income. 3-bedroom top floor with possible attic expansion could be a great owner's unit. Formerly an auto repair shop the heated garage features, lift & 1/2 bath. Tons of additional parking on side drive. Zoned B1-1
Modern and versatile first-floor condo in the heart of Ukrainian Village. This 1,500-square-foot space offers a clean, modern aesthetic and a range of approved uses, including cafe, retail, or office space. Currently built out as an office, the space features partial walls that create functional work areas while maintaining an open and airy feel. Additional features include an ADA-compliant bathroom, a utility closet with a mop sink and water connection, and a convenient kitchenette. Located in the vibrant neighborhood, you'll enjoy close proximity to shops, restaurants, and plenty of foot traffic-making this an excellent opportunity for your business to thrive. Discover the potential of this adaptable space today!
GREAT INVESTMENT OPPORTUNITY!!! THIS COMMERCIAL PROPERTY IS LOCATED STEPS FROM BUSTLING 87TH & STONEY ISLAND CORRIDOR, WITH NEIGHBORING NATIONAL RETAILERS INCLUDING WALGREENS, CITIBANK, CVS, DUNKIN DONUTS AND MANY OTHERS. THIS AREA HAS OVER 11,700 DAILY TRAFFIC COUNTS. THIS AREA ALSO EARNS HIGH RANKINGS AS ONE OF CHICAGO'S BEST NEIGHBORHOODS FOR BUSINESSES, DIVERSITY, COMMUTE AND JOBS. THIS ASSET PROVIDES 2 UNITS. ONE UNIT IS CURRENLY OUTFITTED FOR HAIR SALON OR BARBERSHOP, WITH TONS OF ADDITIONAL UNUSED SPACE. THE OTHER UNIT IS CURRENLY OCCUPIED BY TENANT. THE LOCATION OF THIS PROPERTY ALSO OFFERS SIGNAGE INCOME AS WELL. PARKING IN REAR, ALONG WITH EASY STREET PARKING FOR PATRONS AND HIGH VISIBILITY. PRICED TO SELL! DO NOT DISTURB TENANTS.
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