The median home value in Chicago, IL is $320,000.
the county median home value of $228,000.
The national median home value is $231,815.
The average price of homes sold in Chicago, IL is $320,000.
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.
A great opportunity to own a Mixed-use property in the heart of Chicago's Austin Neighborhood. The building is fully occupied with long-term tenants, making it a great cash flow opportunity for an owner-occupant, a seasoned Investor, or someone looking to acquire their 1st investment property. Seller is very motivated, so make an offer today. All showings require a 24-hour advanced notice. Please do not disturb the existing tenants. Property is being sold as is.
GREAT INVESTMENT PROPERTY WITH INSTANT CASH FLOW WAITING FOR YOU IN THIS FULL OCCUPIED 6 UNIT BUILDING. LONG-TERM TENANCY. UNITS ARE 1 BEDROOM 1 BATH APARTMENTS. PROPERTY ALSO HAS A 4 CAR GARAGE WHICH CAN GENERATOR ADDITIONAL INCOME. THIS BUILDING FOR THE INVESTOR LOOKING FOR IMMEDIATE CASH FLOW! THE BUILDING IS FULLY OCCUPIED AND LONG TERM TENANTS IN ALMOST ALL UNITS. WELL MAINTAINED BUILDING TUCK POINTING 2018, NEW ROOF, 2018, NEW WINDOWS 2018 AS WELL AS ALL COMMON AREAS/HALLWAYS UPDATED. MECHANICS UPDATED OR IN GOOD WORKING CONDITION. ALL PROPERTY IS CONVENIENTLY LOCATED OFF OF EXPRESSWAY AND ONE BLOCK AWAY FROM CTA BUS STOP.
Free Standing 6000 square foot Commercial Store front, Currently rented out at $6000 per month. 26th Street location in the middle of Little Village commercial district. Ready for owner operator, Bank, offices, National Chain etc.
HOT AVONDALE/LOGAN SQUARE NEIGHBORHOOD. TOTAL 5 UNITS COMPLETELLY REHABBED.(2 BLDS) W/PARKING SPOT DREAM OPPORTUNITY FOR INVESTORS OR LIVE IN AND LET YOUR TENANTS PAY YOUR MOTGAGE. LOWER UNITS HAS FLOOR RADIANT HEATINGS. NEW KITCHENS, NEW BATHS,NEW FLOORS,NEW WINDOWS,NEW DOORS,HEATING/COOLING SYSTEMS/ROOFS ETC. MUST SEE BEFORE YOU DECIDED BUY ANY INCOME BULDING. WALKING DISTANCE TO NIGHTLIFE AND LOGAN SQUARE THEATER.EASY ACCESS TO CTA BELMONT AND LOGAN SQUARE BLUE LINE. MULTIPLE CTA BUS ROUTES, AND I-90/94 INTERSTATE ACCESS.
Exceptional Gem Da la Gem. 1928 Craftsman Masonry, Terra Cotta and Concrete Mixed use 3-unit property on bustling North Ave at the gateway to Wicker Park. This special building footprint expands the length and width of the entire lot. Soaring ceilings and exposed brick throughout. Storefront clear span space leased through 2021 NET Lease and auto door in rear opens to alleyway, access to unfinished basement that mirrors the size of the storefront. Two top floor Loft 2bd/1bth leased through 7/2020 open layouts from kitchen to living spaces, large picture windows, hardwood floors central air, GFA, Individual H20 washer/dryer on site. Numerous improvements include but not limited to roof, window, HVAC, electric and plumbing. Turn key opportunity fully leased $76K+ annual income, low operating expenses.
SEE OR REQUEST SALE FLYER FOR FULL FINANCIALS, FLOOR PLANS, AND ADDITIONAL INFORMATION. Perfect for owner-occupant or investor! First floor occupancy opportunity & two quality tenants in-place. Three-unit property on Lincoln Avenue in Lakeview - all spaces are commercial. Property was extensively rehabbed in 2012 - all major components. 2nd and 3rd floor are occupied; first floor is currently marketed for lease for $22.50/SF modified gross. Tenants pay electric & gas; landlord pays water/sewer, insurance, real estate taxes, common repairs & maintenance, and common electric. Additional income through parking ($325/month leased to 3rd floor tenant) and three storage units in basement: one leased for $200/month; two others currently vacant.
One story Brick commercial building, on a high traffic commercial business zone on the iconic south Lawndale Great opportunity to invest in this building. Huge open lay out 2800 sq.ft First Main level with full basement space for storage use (2,600 sq.ft). Retail store is currently general merchandise sold separately. Can be converted to Retail store, office, dollar store, general store. Steps from public transportation, shops, schools. Parking off street.
Turnkey investment opportunity in excellent Uptown area on on Montrose, just west of Clark Street. Building is currently rented by long-term tenant who is in the 2nd year or a 5-year lease renewal, which expires on January 14, 2024. Rent payments increase by 3% per year and tenant is responsible for all utilities. Tenant currently uses building for office space and meeting rooms. Building is in excellent condition with approximate NOI before debt service of $14,895.
Half of whole main storefront -with own entrance and separate bath. Large open space with lots of potential - Suitable for Storefront, warehousing or storage with large rear access door leading to parking lot - or any type of business - 4 parkings available/$75 per spot additional - central air and heat/tenant pays. Back area storage- small car drive in and basement storage additional 400 sq ft .Newly painted, new plywood floor ready for any finish you like .Can be rented with 3021 Belmont.
CLASSIC BRICK BUILDING 25' X123' WITH MANY USES AND TONS OF POTENTIAL!! OUTSTANDING LOCATION IN THIS HIGH TRAFFIC STREET WITH FAST ACCESS TO DOWNTOWN! LOW PROPERTY TAXES!! BUILDING WAS USED AS A MECHANIC SHOP A FEW YEARS BACK. BUILDING IS IDEAL FOR STORAGE, CARWASH, MECHANIC SHOP, TIRE SHOP ETC.. NEW ROOF INSTALLED A FEW MONTHS AGO. READY FOR YOUR BUSINESS & IDEAS!!
Great investment opportunity on the very hot Elston Corridor in Avondale. 6300sqft. of space in 2 buildings that have been joined together. First floor consists of 2 large rooms used for live theater, a reception area, 2 ADA approved bathrooms and an office. Second floor has 1.1 baths, offices/apartments and large storage area. Lower level was used as dressing rooms for the theaters. Building has 2 store fronts facing Elston, zoned C1-1. Floor plans and survey in Additional Information.
Turnkey, mixed use, beautiful 5 unit Greystone building. Excellent investment opportunity in prime Lakeview location on a double lot and zoned B1-2. Fully occupied building, which consists of one ground floor commercial space, comedy club, plus four 3 Bedroom 1 Bath apartments and long term tenants. The property also includes 3 garage spaces & two exterior parking spaces for additional income. The residential units offer an enormous amount of living space for the tenants, separate dining areas, large rear decks, common rear patio, and security fence in the rear. Some units have recently updated bathrooms, kitchens, and new hardwood flooring. All the units have newer individual HVAC units, feature in unit laundry and hot water heaters and utilities are tenant paid. Building has been maintained and well cared for with necessary updates over time. Call agent for additional financial information and any additional questions.
Exceptional opportunity to own this corner-lot multi-family dwelling with unlimited potential! Brick exterior with dedicated tenant parking, and professionally landscaped grounds create the warm and inviting interior your tenants will love.
Rare opportunity to own and/or live in a 5 unit building in historic Norwood Park ** Recent home sale $1.4 million 2 blocks away ** Beautiful setting with large private backyard & 3 car garage ** Recent improvements include new deck, staircase & roof under deck ($40,000), new hot water heater ($8,500) & unit remodeling ($26,000) ** Very unique units - all have private deck/balcony or patio ** Vintage charm including hardwood floors ** Tenants pay their own heat & electric ** Long time owner 40 years ** Low rents - income could be $71,700 ** Full basement partially finished with laundry room ** Private parking for 5 cars -- 3 garage spaces & 2 outdoor spaces * 3 minute walk to train ** Being sold as is"
The opportunities are endless! Fantastic location!! Long time neighborhood bar which is currently closed due to COVID. Bar could be re-opened and even expanded. 25' vacant lot adjacent to existing building. Add outdoor seating or increase the service area of the bar. 3 apartments are all occupied by family but would rent for $1200, $1100 and $1100! Owner currently takes $2000/mo rent from bar. Residential tenants may sign lease with new owner. 5 garage parking spots could be used for tenants or could be rented.
Heart of Albany Park. Fully occupied all brick 3 story building with 4 apartments and 2 commercial stores. Walking distance to brown line station at Kedzie great location with parking for 4 cars All separate utilities, new porches new water heater Property located at the south east corner of Lawrence and Albany. Sold "As-Is". No electric or gas bill to the landlord. Tenants pay for utilities. 2 large 1 bedroom back of the building 2 two bedrooms with living room and dining room with hardwood floors separate heat Restaurant appox 2,000 sq ft Zumba appox 1100 sq ft
Big and beautiful corner tandem six. Easy to rent. Easy to run. Makes excellent first-time buy or portfolio addition. Big, open floorplans with big bedrooms. Three-car garage. Garage spaces rented for $125 each MTM. Property in good, clean condition. Excellent location in Chicago Ave corridor - West Village/West Town. Also near Augusta & California entertainment component. Walk to Metra at Western and Kinzie.
Completely renovated 6 unit building in West Town. Units features: newer kitchen with stainless appliances and dishwasher, granite counters, quartz counter tops, subway tile back splash, 42-inch maple counters, gas stove with microwave hood. Classic walk-up building with coin laundry in basement. Newer electrical, plumbing and windows. Classic walk-up building with coin laundry in basement. Tons of dining and entertainment options nearby including: Twisted Spoke, Roots Pizza, Black Dog Gelato, Smoke Daddy, Sip Cafe, Dark Matter Coffee, Empty Bottle, The Matchbox, etc. 3 blocks to Mariano's grocery. 2 blocks to Commercial Park. Half a mile to Green, Blue and Pink CTA train and 2 blocks to Grand Avenue bus. Never any vacancies in demanding location. Airbnb study done on increasing income. by 70%. on one of the units.
Excellent Investment Opportunity, Legal 6-Unit , Corner Lot-Extra Wide 30x125 w/ Center Entrance. 100% leased with Annual Gross Income over $115k & NOI of $92k, selling at over a 7% cap rate with tons of upside on current rent amounts. Oversized apartments btwn 1200-2400 sqft, 3 of 6 units recently rehabbed with hardwood floors, new kitchens and baths. Building unit mix (1) 4 bd/ 2 bt duplex down, (1) 3 bd/ 2 bt duplex down, (4) 2 bd / 1bt. Well maintained building with newer roof and back porch, Full Masonry TuckPointing & Sealing recently completed, brand new front slabbed entrance. Coin laundry in basement for add monthly income. Rent-Roll & Financials in Add Documents tab. 48hr notice for all showings.
8 unit brick multifamily property located in the Auburn Gresham neighborhood. Unit mix consists of 4-2BR/1BA and 4-1BR/1BA. Heat is provided by a steam boiler. Building has been improved and occupants are long term. Great turn key investment. Annual Gross rent roughly 83k. Bring your offers today, seller is listing broker and offer response time is quick.
Excellent opportunity for this commercial condo, featuring high ceilings, large living area and spacious bedrooms. Bathroom and kitchen have modern updates. Unit was originally designed as a live work space. Studio or gallery area in the front of the unit and living space in the back. Unit would be affordable condo in a great area or solid investment property. The owner is in the process of re-zoning the unit to allow for a live/work space.