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.
Opportunity Awaits! Don't miss out on this exceptional opportunity to own a good building with great exposure on main street location. Situated with easy access to Interstate 94. The property offers an ideal investment for savvy entrepreneurs. This building enjoys maximum visibility and exposure, ensuring a steady flow of foot traffic and potential customers. Rooms of the building include medical offices, meeting rooms and storage. The commercial site offers an established business for a dentist and podiatrist. This building is suitable for a variety of businesses, including retail outlets, offices or service-based establishments, offering flexibility and potential for diverse revenue streams.
Introducing an exceptional turn-key investment opportunity in the heart of the highly desirable Peterson Park Neighborhood. This new construction 8-unit rental property is fully occupied, making it the ideal choice for 1031 exchanges. Each of the spacious 1,800 sq. ft. units features 3 bedrooms and 2 bathrooms, offering a luxurious living experience with condo-quality finishes throughout. Designed with meticulous attention to detail, these rental units feature an open-concept layout, highlighted by a magnificent kitchen featuring a large 10ft island, sleek quartz countertops, and a premium stainless steel appliance package. Custom cabinetry and a beautifully tiled backsplash add an extra touch of elegance to this culinary haven. Retreat to the spacious primary bedroom, complete with a generous walk-in closet and an ensuite bath with heated floors that exudes sophistication. Indulge in the double vanity and unwind in the walk-in rainfall shower, enhanced by a glass enclosure for a spa-like experience. Each unit offers an oversized private walk-out balcony, and access to the common area rooftop deck space perfect for enjoying outdoor living. With low maintenance and operational costs, this property represents a rare and outstanding investment in a family-friendly community. Don't miss the opportunity to own this turn-key asset designed for long-term profitability and growth
Excellent investment opportunity in the Greater Grand Crossing / Park Manor area. Mixed Residential and Commercial building consisting of 3 Commercial spaces and 7 residential units. The residential unit mix is (2) 3 bedroom units and (5) 2 bedroom units. The commercial unit mix is currently an occupied church, occupied restaurant and an occupied not for profit organization. The church has been there for 5 years and is considered a building hub and staple to the community. There are 6 residential units fully occupied and 1 unit recently renovated and soon to be occupied. There are individual furnaces (7 yrs old), water heaters and electrical panels for all commercial and residential units and 3 AC units for the commercial spaces. The roof was re-coated 3 years ago and the porches and electrical were upgraded to City of Chicago building code 3 years ago The building has 3 separate PIN numbers and is currently cash flowing with potential growth. There is an 18,070 square foot lot adjacent to the building that can be negotiated and included in this deal. Awesome investment for the seasoned investor looking to grow their portfolio.
2 Storefronts in Archer Heights on busy Archer Avenue!! Newer Furnace. Circuit Breakers. Parking in the rear approximately 15 parking spots. Zoned C2-1. Property is currently being rented as a gym, workout center. Buildings are not for rent! Buildings to be sold together. 2 separate pin numbers. Please Do Not Disturb the tenants!! Properties 4881 and 4883 S Archer Ave.
Jefferson Park User/Investment Opportunity! Partial 2-story multi-tenant industrial building for sale... 80% of property is occupied. Building is 41,432 SF on 24,436 SF of Land. 2 interior recessed docks and 2 drive-in doors. Fully sprinklered. NEW LED lights, windows, bathrooms and roof. New electric service fully distributed within the space. Skylights throughout. Freight elevator located across from loading. 24/7/365 access to building, controlled by Brivo. Onsite parking and abundance of street parking. M1-1 zoning allows for a wide variety of tenant uses. Located 0.5 miles from CTA & Metra. Located 0.5 miles from I-90 & I-94.
Avondale - 12,000 SF total two-story timber loft building for sale. 6,000 SF per floor for warehouse, office, flex or creative use. Located on busy Belmont Avenue (20,100 vehicles per day) with new construction building adjacent. 12' clear ceiling height and 1 drive-in door. Wet sprinklers. There is approx. 1,400 SF of outdoor space/ parking for 4/5 cars. Tons of natural light in the space. Area tenants include Chicago Strength Gym, The Avondale Tap, Sleeping Village, Dunkin, Shell, Walgreens and more. Close proximity to I-90 (5 minute drive) and the Belmont Blue Line (10 minute walk).
NEW CONSTRUCTION! 3,581 (divisible) ground floor retail/office condo available for sale or lease in new luxury condo building built in 2024. Over 100' of prime street frontage along busy Clark Street! Great location just 1 block south of Chase Park, and across from Walgreens and Staples. This property is also only half a mile from the Ravenswood Metra station and several CTA L stops. The rare C1-2 zoning allows for a variety of uses "By Right" including daycare, medical office, veterinary services, soft goods, or service retail. 3 indoor heated garage spaces are available for rent or purchase ($30K each). Additionally, this property includes a generous 623 SF private covered outdoor space. Become a part of the exciting revitalization of the North Clark Street corridor, which is currently experiencing a surge in new businesses and property development.
NEW CONSTRUCTION! 3,581 (divisible) ground floor office/retail condo available for sale or lease in new luxury condo building built in 2024. Over 100' of prime street frontage along busy Clark Street! Great location just 1 block south of Chase Park, and across from Walgreens and Staples. This property is also only half a mile from the Ravenswood Metra station and several CTA L stops. The rare C1-2 zoning allows for a variety of uses "By Right" including daycare, medical office, veterinary services, soft goods, or service retail. 3 indoor heated garage spaces are available for rent or purchase ($30K each). Additionally, this property includes a generous 623 SF private covered outdoor space. Become a part of the exciting revitalization of the North Clark Street corridor, which is currently experiencing a surge in new businesses and property development.
AVAILABLE FOR SALE with tenant. New shopping mall with 1st and 2nd floor with lots of parking spaces in Bridgeport. Unit 205 located on 2nd floor good for restaurant business. Tenant occupied.
NEW CONSTRUCTION FIRST FLOOR COMMERCIAL/RETAIL STOREFRONT IN THE LINCOLN AVE CORRIDOR (LAKEVIEW). THIS COMMERCIAL CONDO IS APPROX 800 SF WITH AN OPEN LAYOUT, 12' CEILING HEIGHT AND FLOOR TO CEILING WINDOWS. WILL BE DELIVERED AS A VANILLA BOX WITH WORKING BATH. HIGH TRAFFIC AREA WITH EXCELLENT STREET PARKING. LUXURY RESIDENTIAL CONDOS ABOVE THE UNIT.
MoHall Commercial proudly presents this rare opportunity to acquire a 2,500 SF vacant medical office building in the heart of Morgan Park, one of Chicago's most accessible and evolving neighborhoods. Located just minutes from major expressways like I-57 and I-94, as well as public transportation options such as the CTA Red Line and multiple bus routes, this property ensures easy access for both clients and staff. The building, previously home to a successful dental practice, offers a flexible layout that includes private offices, a reception area, and on-site parking. Now vacant and ready for new ownership, it presents an excellent opportunity for healthcare providers, developers, or business owners looking to invest in a community ripe for revitalization. Morgan Park has seen an increased demand for redevelopment, with nearby commercial and residential properties benefiting from significant investment. This property is ideal for medical, wellness, or professional services and could also be reimagined as a mixed-use development to meet the needs of the growing local market. Its strategic location in a well-established neighborhood offers high visibility and close proximity to nearby hospitals, schools, and retail centers. The surrounding area is poised for growth, with many businesses and developers recognizing the potential of the community as a hub for new ventures. Don't miss this chance to bring your vision to life in a neighborhood that's embracing change and growth.
MoHall Commercial proudly presents this rare opportunity to acquire a 2,500 SF vacant medical office building in the heart of Morgan Park, one of Chicago's most accessible and evolving neighborhoods. Located just minutes from major expressways like I-57 and I-94, as well as public transportation options such as the CTA Red Line and multiple bus routes, this property ensures easy access for both clients and staff. The building, previously home to a successful dental practice, offers a flexible layout that includes private offices, a reception area, and on-site parking. Now vacant and ready for new ownership, it presents an excellent opportunity for healthcare providers, developers, or business owners looking to invest in a community ripe for revitalization. Morgan Park has seen an increased demand for redevelopment, with nearby commercial and residential properties benefiting from significant investment. This property is ideal for medical, wellness, or professional services and could also be reimagined as a mixed-use development to meet the needs of the growing local market. Its strategic location in a well-established neighborhood offers high visibility and close proximity to nearby hospitals, schools, and retail centers. The surrounding area is poised for growth, with many businesses and developers recognizing the potential of the community as a hub for new ventures. Don't miss this chance to bring your vision to life in a neighborhood that's embracing change and growth.
Significant investment opportunity ideally located in Heart of Lakeview. Situated just steps from a countless number of national big box retailers and local hot spots this mixed-use property is ideal for investors and end users alike. The immediate location is an A+, high traffic area, ideal for foot traffic, signage & advertising. The property consists of a 2000ft commercial storefront with multiple office areas, 2 bathrooms, a kitchen space and a finish lower lvl. The upper floor floors consist of two Newly Renovated 3 bed/2bath rental units with access to private outdoor space. The 2 car attached garage is located on-site in the rear of the building with an oversized door for extra large vehicles. Amazing opportunity!
Three interior lots currently home to the St. John Nepomucene assembly hall with huge stage, basement for large gathers with kitchen and second floor with offices. This building either be preserved and repurposed or redeveloped entirely. Additionally, available is the St. John Nepomucene church parcel. The offering includes a 6-lot parcel featuring a church/sanctuary, an apartment above the sanctuary, top-floor space with individual classrooms, a rectory, and a coach house with an attached two-car garage. The parcel also has a curb cut and dedicated parking. Potential future uses for this property could include educational facilities, non-profit organizations, schools, religious institutions, or redevelopment of the six lots. Available for 1,100,000.
Originally constructed in 1913 as St. John Nepomucene, this property is now on the market for the first time. The offering includes a 6-lot parcel featuring a church/sanctuary, an apartment above the sanctuary, top-floor space with individual classrooms, a rectory, and a coach house with an attached two-car garage. The parcel also has a curb cut and dedicated parking. Potential future uses for this property could include educational facilities, non-profit organizations, schools, religious institutions, or redevelopment of the six lots. Additionally, three adjacent lots across the street, currently home to the St. John Nepomucene assembly hall, are available separately for 550,000. These lots can either be preserved and repurposed or redeveloped entirely. Contract needs time for approval. Please inquire on the process and closing timeline. Please see deed restrictions under additional information tab.
Seize this rare and exceptional opportunity to own a meticulously maintained 3-story commercial-residential mixed-use building, ideally situated in the heart of vibrant Chinatown. Built just 47 years ago, this property combines modern appeal with prime location. The first and second floors, along with the basement, are currently leased to a well-established, featuring multiple private dining rooms on the second floor, ensuring strong rental income potential. The third floor features two residential units, both currently rented below market value, presenting an excellent opportunity for increased rental income. The front unit consists of 2 bedrooms, 1 den, and 2 bathrooms, and has been recently upgraded with new flooring, a new stove, a new refrigerator, and fresh paint. The rear unit includes 2 bedrooms and 1 bathroom. Both units are outfitted with central heating and cooling systems, ensuring year-round comfort. Additionally, the building's roof was replaced six years ago, offering long-term durability and peace of mind for the future owner. Positioned in a highly desirable location with immediate access to popular shops, renowned restaurants, and public transportation, this property is a prime investment opportunity. Chinatown continues to thrive, making this an unmatched chance to capitalize on its growth and energy. Don't miss out on owning a premium piece of real estate in one of the city's most sought-after areas. This is a must-see property for investors or buyers looking for strong returns and long-term value. Contact us today to schedule a viewing and secure this outstanding investment!
Location Location!! Rare find in Austin community close to Oak Park. 6 Spacious apartments. 4 units have 2 bedrooms w/ Country style kitchen dining area. Each unit has its own circuit breakers. 2 Garden units have 1 bedroom with great sunlight!!!. Extra Storage space. Brand new shingle roof, gutters, fascia, soffits!!! Plus 4 spaces in Rear. Concrete Patio in rear. Full Fenced Yard. Priced due to interior work needed. Diamond in the rough. Garden units gutted ready to finish. 1st flr unit needs new Kitchen and bathroom. Proof of funds or Pre Qualification letter required prior to showing. Great rent potential once repairs are complete.
Exceptional Mechanic Shop for Sale - Prime Location and Equipped Unleash the full potential of your entrepreneurial spirit with this outstanding opportunity to acquire a thriving mechanic shop strategically located for success. This meticulously maintained facility spans an impressive 2500 square feet, offering ample space for seamless operations and expansion. Situated in a highly sought-after location, this mechanic shop enjoys excellent visibility and easy accessibility, ensuring a steady flow of customers. Can be use as grocery store, office, warehouse.
Take this opportunity to own a solid brick, 24 unit walk-up apartment building with a very desirable unit mix of all 2bed/1bath units. This property is located in the W. Woodlawn area, and was gutted down to the bricks and completely renovated just a few years ago. In addition to a new roof, new copper plumbing, new electrical, and new gas lines for the building, every unit was rehabbed with hardwood floors, new walls, new kitchens and bathrooms, new windows, in- unit circuit breakers, and individual gas forced air furnaces. There are four separate entrances - one on S. King Drive and the other three on 66th St. - and each one has exposed brick walls and a skylight that floods each entrance and stairway with an abundance of natural light. There are four separate basement entrances accessible through the rear courtyard, and one of these basements has a laundry area with 2 washers and 2 dryers available for tenant use. The Woodlawn area has seen tremendous change over the past few years, with the soon to be completed Obama Presidential Library (2 miles east of this property) driving change in E. Woodlawn, and other developments bringing change to the rest of the community. Just across 66th street from the 3 entrances to this property, the Rev. Corey Brooks and his Project H.O.O.D. are building the new 85,000 sq. ft. Robert R. McCormick Leadership and Economic Opportunity Center. This new community center will teach trades, entrepreneurship, music, and arts. It will also house a swimming pool and have other athletic facilities. There is easily accessible public transportation serving this area, with the CTA green line (light rail line) stop located 2 blocks north of the property and the CTA #3 bus line running north and south down King Drive - with a stop just outside the 6553 entrance to the building.
Introducing 1713 S Jefferson, a turnkey, legal 6 unit building in the rapidly growing East Pilsen/South Loop neighborhood. Gut rehabbed to the studs in 2024, each unit features brand new plumbing, electric, hvac, stainless steel appliances, central air and central heat, with in-unit washer and dryer. The roof was redone in 2024, along with a new water service to the building and a brand new metal back deck with city skyline views. No expense was spared in renovating this luxury, hassle free building! There is storage space in the attic, and there are 2 parking pad spaces in the rear of the building. Low taxes! A hassle-free building in a rapidly growing neighborhood. Don't miss out on this opportunity, schedule a showing today.
NICE BRICK COMMERCIAL STORE FRONTS, 10528, 10530, 10532 (VACANT), and 10534. 4 STORE FRONTS TOTALING ROUGHLY 5000 SQ FT. CURRENT USE - CONSTRUCTION COMPANY (1600), RESTAURANT (1600), AND A SALON (1400), (RENTS ARE BELOW MARKET) THE UPDATES INCLUDE NEWER WINDOWS, ROOF, ELECTRICAL, PLUMBING, FURNACE, HOT WATER HEATER, PRIVACY FENCE AND MORE. HUGE FENCED IN AREA IN THE REAR. GREAT LOCATION ON BUSY TORRENCE AVENUE. ADDRESS IS 10528-10534 TORRENCE. SO MANY POSSIBILITES!!!! LISTING AGENT RELATED TO SELLER.
Pleased to present the 8-unit mixed-use/multifamily located in Chicago's Auburn Gresham neighborhood. The property unit mix includes (6) one-bedroom, one-bathroom units,(1) two bedroom, one bathroom unit and a retail unit occupied by a Salon. All units are beautifully maintained hardwood floors and nicely appointed kitchen and baths. The salon benefits from having been recently remodeled with freshly painted walls, new flooring and recessed lighting. A newly installed furnace provides separate forced air heat to the salon, and a refurbished boiler provides heat to the residential units.New plumbing risers recently installed. There's a laundry hook up in the basement that can provide extra profits with a coin operated washer and dryer and there's 7 parking spaces in the rear of the building to designate as you like. This building is self managed by ownership. Pride of ownership truly shows here! Conveniently located to public transportation, Midway Airport and the Loop makes this location attractive to commuters.
Listings courtesy of MRED as distributed by MLS GRID
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