The median home value in Chicago, IL is $280,250.
This is
higher than
the county median home value of $267,250.
The national median home value is $277,796.
The average price of homes sold in Chicago, IL is $280,250.
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.
Frame 2 Flat building sitting on 2,952 SqFt lot w/ B1-2 Zoning with prime retail frontage centrally located in Noble Square/River North. Mixed Use property currently consists of Two - 2 Bedroom/ 1 Bath spacious residential rental apartments. Full basement with Bathroom and currently used plenty of storage space. Both units feature: hardwood flooring throughout, updated kitchens with Stainless Steel appliances, dishwashers, in-unit washer & dryer and central heat and A/C. Both units currently rented: 1st Floor current rent is $ 1,700 and 2nd Floor rent is $ 1,600. Tenants pay for: Gas and Electricity. Both leases expire on 06/22. Two parking spaces in the rear of the building. Located right by I- 90 & 94 Expressway and Milwaukee Ave. *** B1-2 Zoning allows for 3 dwelling units, and an additional business live-work dwelling unit on the 1st floor as well as a garden unit in the lower level with a special use permit ***
6 Units Multifamily building in Belmont Cragin area. All six apartments are above the grade/ground (no basement units) on 1st and 2nd Floor And unfinished open basement ready for ideas. There are four larger 1 Bedrm units with formal Living Rm & separate Dining Rm (w/ closets). Original hardwood floors and nice woodwork throughout the whole building. Recent improvements: all windows (2012). Roof was replaced (about 2007). Full unfinished open space basement with mechanical room, laundry room, storage areas for all tenant. All units are occupied by long term steady tenants so the rents are below the current market rents and with upside potential*** First time on the market!*** Please send all reasonable offers***
PERFECT OPPORTUNITY FOR THE SMART INVESTOR. MIXED USE BUILDING CURRENTLY USED AS A CHURCH. SOLID BRICK BUILDING LARGER THAN YOU MAY THINK. 1ST FLOOR HOUSES THE SANCTUARY, MENS & WOMENS RESTROOMS, INCLUDING ROOMS FOR OFFICES. 2ND FLOOR IS A SPACIOUS 6 ROOM -2 BEDROOM APARTMENT INCLUDING AN ATTACHED GARAGE.
LOOKING FOR A CHURCH HOME? STOP HERE! SOLID BRICK BUILDING LARGER THAN YOU MAY THINK. 1ST FLOOR HOUSES THE SANCTUARY, MENS & WOMENS RESTROOMS AND LOUNGES, AMONG 3 ADDITIONAL ROOMS FOR OFFICES. 2ND FLOOR IS A SPACIOUS 6 ROOM -2 BEDROOM APARTMENT. THERE IS AN ATTACHED GARAGE. CURRENTLY CHURCH IS TAX EXEMPT.
THREE-WAY OPPORTUNITY FEATURES 2 STORY BUILDING WITH 2 COMMERCIAL SPACES: 1) FORMER CHURCH W SEATING, STAGE, SOUND AND MUSIC EQUIPMENT, 2) HAIR SALON, 3) 3 BEDROOM AND 1 BATH APARTMENT ON SECOND FLOOR. EACH COMMERCIAL SPACE HAS SEPARATE ENTRANCE/EXIT, WASHROOMS. PARKING. STURDY BUILDING BUILT IN 1953. DOUBLE WIDE LOT FRONTAGE. READY FOR OPERATION AND RENTAL.
Beautiful brick six unit building located on California facing Humboldt Park. The property features six nicely appointed units, all with rear porches and access to a spacious grass backyard. The building sits on an oversized lot and under went a complete gut rehab in 2015. All units feature granite countertops and stainless steel appliance packages in the kitchens. Hardwood and plank tile flooring through out, individual gas forced air furnaces and central air conditioning. New separately metered electrical and copper plumbing thought out the building. The basement has storage, bike storage, and laundry room. Great tenants in-place, with consistently strong rental interest. Irreplaceable location on the park and great long-term investment.
Englewood Jumbo 6 flat. All units are three bed/one bath. Individual heat. Hot water is common for the building. Large four car detached garage. Steel Porches. No violations. Ownership has spent $73,000 on renovations to the units and common areas including new flooring, drywall, electric, and plumbing. Unit 3N received renovations to the bathroom and the kitchen and 1N was renovated as well, the renovated units are currently vacant. ***can be sold as a package with 7957 S. Sangamon and 6131 S. Michigan**
Jumbo 6 flat located in Washington Park. 100% occupied. All two bed units. 4 car detached garage in the rear. Individual Heat and hot water. Steel Porches. No Violations. Ownership has completed renovations totaling $50,000 which include new drywall and paint in the common areas, new paint in all units, and various cosmetic renovations as needed throughout the units. Electricity, heat/hot water, and cooking gas is separately metered and charged to tenant. Landlord is responsible for water/sewer, trash, and common area electricity.
CRER is proud to present 4425 S. Archer Ave, Chicago IL 60632. A multiunit commercial building consisting of 4 (four) storefronts and 6 (six) residential one bedroom units above. Recent upgrades include new windows, tuckpointing, Roth iron railings, and a new roof. The building also features new furnaces. Building consists of ten pin numbers.
DEPAUL/LINCOLN PARK (MOST SOUGHT OUT NEIGHBORHOOD FOR RENTERS): THE VERY BEST LOCATION IN ALL OF CHICAGO. GUT REHABBED 6-UNIT IN THE HEART OF EVERYTHING ON THE ARMITAGE RETAIL CORRIDOR! STEPS TO THE CTA PURPLE/BROWN LINE. EASY RENTING, GREAT INCOME, OVERSIZED LOT. UPGRADES INCLUDE NEW ELECTRICAL, PLUMBING, SS APPLIANCES, HVAC, QUARTZ COUNTERTOPS, HARDOOD FLOORS, IN-UNIT WASHER/DRYER ETC. STRONG CASH FLOW WITH SOME VALUE-ADD OPPORTUNITY.
In the heart of "Belmont Cragin" commercial area, Belmont Ave & Central Ave. Four Commercial front stores with B1-2 Zoning in one Pin #. Fully rented with very well stablished tenants. Great visibility, great pedestrian traffic. All brick. All flat roof. Two Stores with 2,000 sf each and two stores with 1,000 sf each. All with forced air central heating and A/C. In excellent condition, Aluminum/glass fronts. Do not disturb tenants, inside showings only with appointment.
OWNER FINANCING AVAILABLE. Presenting 222-36 E. 61st St. A commercial/Retail storefront property located in the fast up and coming Washington Park/West Woodlawn neighborhoods. Land Frontage is 128.35 width by 95 deep. Formerly a child care center with licensing approved for 94 students. Building currently offers 18,000 sq. ft. of interior space. Building is in great condition. Tons of new development in the area including the new $800 million Obama Library just east of this location. This property possesses excellent re-development potential. Zoning is B3-2 and this property can be repurposed to accommodate commercial retail or mixed use apartments above storefronts. Conveniently located within 3 blocks of the Green line King Dr. stop. Located very close to Washington Park, The University of Chicago, Hyde Park, Jackson Park, future Obama presidential library, South Lake Shore Dr., Museum of Science and Industry, I-90 and much much more. Owner Financing Available with Heavy Down Payment, minimum $300,000 with 5.5% fixed rate.
OWNER FINACING AVAILABLE! Presenting 222-36 E. 61st St. A commercial/Retail storefront property located in the fast up and coming Washington Park/West Woodlawn neighborhoods. Land Frontage is 128.35 width by 95 deep. Formerly a child care center with licensing approved for 94 students. It is set up as a daycare and it would be perfect for another daycare, huge potential for someone in this business. Building currently offers 18,000 sq. ft. of interior space. Building is in great condition. Tons of new development in the area including the new $800 million Obama Library just east of this location. This property possesses excellent re-development potential. Zoning is B3-2 and this property can be repurposed to accommodate commercial retail or mixed use apartments above storefronts. Conveniently located within 3 blocks of the Green line King Dr. stop. Located very close to Washington Park, The University of Chicago, Hyde Park, Jackson Park, future Obama presidential library, South Lake Shore Dr., Museum of Science and Industry, I-90 and much much more. Owner Financing Available with Heavy Down Payment, owner looking for at least $300,000 and will finance at 5.5% with a fixed interest rate.
Excellent opportunity!! solid 1 story brick building located on Grand Avenue. C1-1 Zoning. Currently, operating a as body shop and auto repair business. Price includes all of the automobile repair equipment. Including 4 car lifts. 5715 W Grand can be purchased as a Package !!!! This is a money maker!!!! great high traffic street for many business applications !! Owner financing will be considered.
Marcus & Millichap is pleased to present a seven-unit apartment building located at 5200 North Winthrop Avenue in the Edgewater neighborhood of Chicago, Illinois. The exact unit mix is comprised of five (5) two-bedroom/one-bath and two (2) three-bedroom/one-bath. The property is also a (3) three-minute walk too the Berwyn CTA Red Line and a (6)six-minute walk to the Argyle CTA Red Line. The neighborhood of Edgewater, as the name would suggest, hugs the Lake Michigan lakefront. There is an abundance of parks in the area along with the Bryn Mawr Historic District that celebrates 1920's era architecture. Edgewater is also known for its authentic delis, boutique grocery stores, antique stores, and local farmers market stands. The area draws in Chicagoans to the quiet, walkable streets while still being easily accessible to downtown.
No stone left unturned on this stunning renovation of a classic center entrance eight (8) unit apartment building. 6331-33 N. Wayne is a turnkey investment property located in the desirable Edgewater neighborhood and is essentially on-campus to Loyola University. This high-end renovation offers an incredible investment return and is priced to sell at over a 6% cap on actual rents. The building was gut renovated and completed in 2022. The building is now fully occupied with solid tenants paying over $21,000 per month in rent. These jumbo apartments cater to both the local Edgewater population and to the Loyola University student population. 6331-33 N. Wayne is comprised of seven (7) 3 bedroom 2 bathroom units, one (1) 2 bedroom 1 bathroom unit and four (4) garage spaces. All apartments feature oversized layouts with designer styled chef kitchens, bathrooms with high end finishes, master suites, abundant, private outdoor space, and modern floor plans. Unique designer touches also include built in breakfast nooks, streak free graphite appliances with beautiful Quartz counter tops and classy hardwood floors. All new electric service, plumbing, central HVAC systems, water main, flood control systems, and in-unit W/D in all units. There is a new exterior porch with large balconies offering residents a private and ample outdoor space. A new owner has the rare opportunity to acquire a stabilized multifamily asset with a nice cash-on-cash return upon acquisition.
Prime Lakeview First Floor Commercial Condo with 60 ft of frontage. Currently an office use however great retail Opportunity. Professionally managed association. Near Belmont CTA red/brown/purple lines, Wrigley, Lakefront and so much more! Steps to Target, Starbucks and Chicago's first new 36k sf Amazon Fresh Store at Clark/Belmont.
AVONDALE/LOGAN SQUARE. LOT SIZE APPROXIMATELY 25X228X32X207. PROPERTY CONSISTS OF TWO BRICK STRUCTURES PLUS A 2-CAR GARAGE. THE FRONT BUILDING IS A STREET LEVEL STOREFRONT WITH A 2ND-FLOOR APT (APP 1200 SF EACH UNIT). THE REAR BUILDING IS A 6-UNIT STRUCTURE, 2 APTS ON EACH FLOOR. ALL UNITS HAVE LR, KIT, AND 2 BEDS AND 1 BATH. EACH UNIT PAYS ITS OWN UTILITIES. FULL BASEMENTS IN EACH BUILDING
This brick six flat in historic Chatham has been well maintained by a live in owner for the last two decades. All six apartments in the building feature formal dining rooms, large bedrooms and living rooms. The North side of the building includes (3) 2-bedroom one bath units, and the South side is (3) 1-bedroom 1-bathroom units. Tenants will enjoy the backyard in the warm months and the three-car garage will generate extra income. The roof is about 8 years old, new windows and tuckpointing as needed. Rent as is or complete cosmetic renovations to boost rents even higher. There is extra storage and coin laundry in the full unfinished basement. Minutes to the 79th Street commercial corridor for shopping, the CTA Red Line, the Metra, the highway, and parks while still being tucked away on a beautiful tree lined street. Pro-forma financials available on request.
6-UNIT MONEYMAKER. Building is in good shape, fully rented and cash flow is fantastic. Rents are also slightly under market rents with upside. Building sits a double lot in booming Woodlawn. With rising interest rates this will make a great inflation hedge for all savvy investors.
***MUST SEE SPACE!*** Beautiful Commercial Condo, bright, large front room - perfect for events or art shows. The big workspace in the back features a beautiful bathroom and small kitchen. This would be ideal as a Studio for a budding artist or event venue. Currently home of "The Lotus Den"Great location in the bustling South Loop. ~1500sq ft.
CLICK THE VIRTUAL TOUR FOR A VIDEO WALK THROUGH! This is an incredible 8,000 sq ft commercial space ideal for any office or business! Current tenants expire January 2022. Idea for user, re-tenanting or increasing rents to market rent. Great opportunity for a user of the entire building or just half while renting the other floor. It has a ton of sunlight and an open layout. The space is currently being used as a tattoo shop and production studio. Seller is a builder and can help with transforming the space to fit the needs of the business.
Fabulous mixed use building in River West/West Town location. First floor commercial space has over 2400SF, partially vanilla boxed plus basement, with 2 brand new/gutted 3 BR apartments with killer decks above. All white and ssteel kitchens, ceramic/glass backsplash, in unit washer/dryer. Tenants are eligible for parking permit in the neighborhood. Steps to the blue line and Kennedy expressway and many restaurants and bars. Additional income from signage on side of building.
Live, Work, Build, create what you have always wanted in This Prime West Bucktown Mixed Use Building. Large Retail space allows for Restaurant, Office Space or Store Front , While 2 Residential Units give you the Financial Income Producing Security you Want! TLC needed and Development opportunity with $5-7k monthly cashflow possible. First floor unit can be converted to 2 separate units! See floorplans for more inspiration! 2 Parking Spaces in the back .