The median home value in Chicago, IL is $242,000.
This is
higher than
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 $242,000.
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.
Calling all investors! Take a look at this large, brick, mixed-used property near a major intersection of Ewing Ave and Indianapolis Blvd. Retail space on main level is 2,000 square feet of open space with 15 ft ceilings. Apartment on 2nd floor has 3 bedrooms.
Upgrade or establish your business at a bargain price with this fantastic location in the hot St. Ben-Northcenter-Lakeview-Lincoln Square-Roscoe Village Area. 1,475 SF + 600 SF Basement Storage. First Floor Square footage can be expanded as much as 750 S.F. Parking for 3 cars available (Tandem). 12' ceiling height. Open span floor space can be built to your specs. Currently has a reception area, open office, private office, full kitchen/dining room, and two, half bathrooms. See floor plans. Newer renovation with hardwood floors throughout. Excellent condition. Beautiful Graystone facade with first-floor fine wood detail and large display windows. B1-2 Zoning, General Retail District allows a wide range of businesses. Strong foot traffic and great visibility and just a 1/2 block to the renovated Irving Park Brown line 'L" train stop. 1/4 block from 6 corners intersection (Damen, Lincoln Ave. & Irving Park). Lawerence Ave. Metra Station 1 mile away. Join Starbucks & other national retailers in this thriving area rated one of the best neighborhoods in Chicago. CDOT 2020 Traffic Count: 41,200 vehicles per day on Irving Park Rd, 14,100 on Lincoln Ave, 12,500 on Damen Ave. Brown Line train ridership for 2019 was 947,338 total passengers. Demographics: (2020) 1.0 mi 3.0 mi Population 48,263 to 534,274 Households 22,866 to 242,161 Average Household Income $133,639 to $103,290 Median Household Income $98,497 to $73,149 Median Home Value $624,806 to $375,579 Total Specified Consumer Spending ($000) $655,625 to $5,940,639. It is also in the Western South TIF district. Other neighborhood amenities; 1 mile from Wrigley Field A regional library A regional post office, 9 grade schools, 5 high schools, 5 surrounding Recreational parks, 2 hospitals. Near US 94/90 & Lake Shore Drive. Do your own due diligence on all statistics as information was provided via various sources. They are deemed reliable but not warranted.
Solid Brick 12 Unit Multi-Family Building on a corner lot in the heart of Englewood blocks from Kennedy King College: Building features - Three-(3) Bedroom & (1) bath units, Three-(2) Bedroom & (1) bath units and Six-(1) Bedroom & (1) bath units. Nice size units with the opportunity to increase rents. Owner has completed many repairs in 2015 & 2016, but needs some additional work but overall building in good condition. Unfinished basement opportunity to add coin laundry. Well located off Halsted Street and a couple of blocks from Nicholson Elementary school and close to the CTA Lines. Building almost fully occupied, some long term tenants. Building has been well maintained by long term owner who takes great pride in the property. Great for investor or owner occupant. Not a foreclosure or short sale. Come see this gem.
Outstanding 2-unit commercial corner building on busy Milwaukee Ave. Jefferson Park location! Close to METRA Station and I-90 - between O'Hare and downtown. Beautiful yellow brick building. Great foot and car traffics! Fully renovated with custom crafted furniture and reception desk. New double-pane windows, tear-off roof, tuck-pointing, new sidewalk. 200 AMP electric service and many other improvements. One unit occupied by owner and the second unit occupied by Limo Transportation Services. Great for multiple uses: Attorney, Accountant, IT Company, Start-up or WEB development, Dentist/medical office, Design studio, Coffee shop, flower shop etc. Broker owned. Must view! Sold As-Is.
Outstanding 2-unit commercial corner building on busy Milwaukee Ave. Jefferson Park location! Close to METRA Station and I-90 - between O'Hare and downtown. Beautiful yellow brick building. Great foot and car traffics! Fully renovated with custom crafted furniture and reception desk. New double-pane windows, tear-off roof, tuck-pointing, new sidewalk. 200 AMP electric service and many other improvements. One unit occupied by owner and the second unit occupied by Limo Transportation Services. Great for multiple uses: Attorney, Accountant, IT Company, Start-up or WEB development, Dentist/medical office, Design studio, Coffee shop, flower shop etc. Broker owned. Must view! Sold As-Is.
Fully Renovated building in beautiful Logan Square. 2 renovated apartments with AirBnB approvals and license in place and can be transferred along with 4.5 star rating and management in place. Ground floor and basement are leased by a fully functional restaurant with back patio and 2 car garage parking onsite or use it as storage. Restaurant 1R: Completely furnished turn key and ready to open tomorrow. Tobacco License, Package Goods License, On Premise Beer Wine and Liquor License. Can obtain patio licensing at anytime in a fenced in back patio. Apartment 2F: Fully Furnished 2bd 1 bath with pullout couch, full kitchen. Apartment 2R: Fully Furnished 2b 1bth, full kitchen
For sale is a beautifully updated 5 unit property located in Back of the Yards/Gage park. This home is near a variety of shops, restaurants and a short commute to Downtown Chicago. As you enter each unit, you'll notice fresh paint throughout, updated lighting fixtures, and all new flooring, doors and carpeting. Each of the bathrooms boast beautifully designed tile work,new lighting, new vanity, new bathtub, and new tile flooring. Each kitchen features beautiful granite counter-tops, an under mount sink with modern custom faucet, all new cabinetry, and brand new stainless steel appliances. Additionally, each unit features brand new hot water heaters,furnaces, and brand new air conditioning units. On the exterior, you'll notice a fully enclosed beautifully yard with new fencing, landscaping, and a nice fire pit for relaxing and entertaining. To schedule a viewing, please contact us today.
Free Standing Corner Retail Store Front .. Previously a Long Term Profitable Convenient Store. Property will Require Repairs..Buyer Must Pull Permits, Complete Repairs and Obtain City Inspector Sign-offs... Sold "As-Is" Call for more information..
Newer Construction Fully Leased Center on High Traffic Corner of 87th and Jeffery. Portfolio asset with significant upside for the next investor. The center is tenanted by national, regional, and local retailers. The property is situated on a hard corner with clean lines of visibility.
Ideally situated block from Eisenhower Expressway on Pulaski Road, this warehouse is perfect for teams in many of Chicago's fastest-growing industries. 26,820 square feet of industrial space on two floors with a current plan to subdivide into separate rooms available for lease. The first floor has a range of 11 to 16-foot ceilings. The second floor has 16-foot ceilings, steel-reinforced concrete floors with a section of wooden floors. Electrical is currently a single phase but can be accommodated up to three-phase.
Irving Park-Exceptional opportunity to own 3 unit brick building (store and 2 apts) in mix-use area w good foot and vehicle traffic. B3-2 zoning will allow multiple possibilities. If you are looking for a lot of space this is perfect building. Business and Living space are 4750 Sq. Ft. + 3125 Sq. Ft full high basement.( additional storage space).Property consists of 2 connected bldgs ( one PIN#) w 2 addresses: 4365 N Elston ( 2 story) & 4336 N Pulaski ( 1 story). Business space, currently vacant, is 3125 Sq. Ft (possible can be divided into 2 stores for bringing more income). 2nd Fl, entrance from Elston has 2 units (3 & 5 rooms ). Leases are M/M. Store was previously 25+ yrs a very popular Book store.( pls check pics). Owner pays ONLY: Tax, Insurance, H2O. and Scavenger. Property is well kept but can be updated to suit new owner's needs. With good management Gross Income can easily be $10K higher and increase Cap rate to over 10. Current Cap rate is 8,5. Zoning would allow different types of businesses. Plenty str parking. Turn it into your own CASH flow investment.
Honey stop the car!!!! Rarely available! This beautiful mixed use space will surprise you. Walk into an open floor plan ready for your business ideas (IE; salon, accounting firm, real estate office, doggy daycare, etc.) The building has a bricked back patio area, privacy fence, and unique 3 car garage. Inside includes 1 bathroom, a kitchen sink, and room for washer/dryer in back, all on the main floor. But wait there's more! A separate entrance leads you upstairs to a newly renovated, loft style 2 bed 1 bath apartment with ornate exposed brick and a private balcony getaway. Check out the virtual tour. The whole floor is yours! Now you really CAN work from home while renting out the downstairs and earning your mortgage in peace. Electric and gas are separated. The lot is 3795 Square feet and zoned B3-1. Developers can change zoning to increase the FAR and build huge units. The property is not Landmarked so re-development should not be a problem. We are open to discussing new development. So much to see, call for a showing today! The possibilities are endless!
Location!!!! Location!!! Location!!!! Calling all savi investors and rehabbers, needs a lot work but Amazing income cash cow..... CASH Or hard money ONLY!
WOW OPPORTUNITY KNOCKS ! Mixed use building in Back of the Yards neighborhood ! Storefront & 3 apartments. Needs major work or could be a tear down .Property is being sold subject to building violations and court ordered injunction. Buyer to take subject to *** "AS-IS" !!! MOTIVATED SELLER ! MAKE OFFER !
Fantastic Bucktown turn-key 5 unit investment brick 3 flat plus 2 unit coach house. Many recent improvements. Oversized 38ft wide parcel, in the best part of Bucktown near the 606! Impressive owners triplex with open concept chefs kitchen with SS appliances. Lofted ceilings, exposed brick walls, custom modern metal staircase, exposed wood beams and beautiful hardwood floors. Huge professionally landscaped side and back yard, new decks in 2017. Front units recently renovated with upscale on-trend finishes. Ideally situated near the Metra, Blue Line, and Bloomingdale Trail/606. Solid armchair investment building with fabulous returns. EZ to lease apartments.
Phenomenal 6-8 unit red brick building in a booming Bronzeville location. Property needs complete rehab. The owners have architectural plans to develop it into 8 luxury two bedroom/two bath rentals or condos. Gated parking available for additional cost. Property sold as-is. No survey provided. 100% tax proration.
Phenomenal retail property on the southwest corner of 51st Street & Calumet and the closest building to the Green Line entrance. Total building square footage is 6,649, with 65.90 feet of frontage on 51st Street. One long time tenant in place & another lease signed for a restaurant. One approximately 2,100 SF space still available for lease. Ideal for an investor or owner who wants a fantastic retail location. New roof in 2019 + other improvements. Come purchase on the new 51st Street restaurant row! Sold as-is. Most recent survey provided. 100% tax proration.
Mixed use two story building on busy Commercial Avenue! The property needs complete rehab, but has great potential! Ideal for an investor or owner/user. Extra deep lot allows for parking. Possible owner financing available with $5,000 down payment! Building sold as-is and subject to all building code violations. Owner will provide the existing survey only. 100% tax proration.
This is the gateway building to the new 51st Street Restaurant Row! Three story limestone & yellow brick building. Brand new north facade and over $130,000 invested in the masonry. 3,185 SF of retail and two floors above for development into residential or office space. Ideal for an investor or owner who wants a fantastic retail location. One block to the Green Line & almost adjacent to the MLK buses. Sold as-is. Most recent survey provided. 100% tax proration.
Phenomenal 79.20' X 50' frontage lot on 51st Street, in the new restaurant and retail row being developed on 51st Street. Great opportunity to build a retail building with residential above. One-half block to the Green Line, King Drive and Washington Park. This area is fast developing. Most recent survey provided. 100% tax proration.
Raw retail condo that is part of the Oakwood King Condominium. Gorgeous terra cotta and red brick facade. This was the former ticket office and entrance for a theatre and has super tall ceiling heights. The two residential condos directly above are also for sale! MLS#10860208 & MLS#10860226 AKA 405 E. Oakwood Blvd. Add these and have a 3 story live/work building. Bring your imagination! Sold as-is and 100% tax proration.
Amazing opportunity to own this beautiful ALL BRICK, Mixed use, 3-unit building in the very walk-able California Corridor of Humboldt Park. Storefront is a large open space that runs the entire length of the building and is perfect for those with an artistic flair. The open lofty feeling is currently being used as a live/work space and has 12 foot + ceilings, hardwood floors, exposed brick, large full bathroom (with separate shower), spacious patio and a very usable restaurant style kitchen. Off the kitchen is a very large, gated and bricked patio with a happy fruit bearing peach tree. The two units above are large 3 bedroom 1 bath apartments with eat-in kitchens, formal dining rooms and large inviting decks off the back. All units have individual hot water heaters, Central air conditioning, and GFA heat. A Large, super clean basement allows all the units to have storage. All copper plumbing, 400amp electricity and 2 parking spots round out this beautiful property! Walk to Lucy's, Spinning J's, Rootstock Wine & Beer, Adams and Sons Gardening, the stunning Humboldt Park Lagoon and so much more! Building is zoned B3-2 so new owner has plenty of options. Public transportation easily accessible. Turnkey opportunity fully leased $58K+ annual income, low operating expenses.
Rarely available fully occupied updated classic brick 6 unit building in great condition. Roof was replaced in 2019. Also features 4 car brick garage and coin operated laundry for additional income. Units are all large 2 bedroom 1 bath with formal living and dining rooms. Units feature hardwood floors, modern kitchens , updated baths and heating units. Improvements include exterior brick work, rear porch, main front entry door, plumbing, electric and heating upgrades. Great location steps from Jeffery Express bus to downtown Chicago with close proximity to Lake Shore Drive, South Shore Cultural Center, schools, places of worship and shopping.
One of a kind 3 story red brick & terra cotta building on King Drive and part of the Oakwood King Commercial & Residential Condominium Associations. There are endless possibilities, including a phenomenal 3+ story live/work space. Each floor is approximately 750 SF. The two upper floors have approximately 15' ceiling heights, giving someone the ability to create lofted areas and adding square footage. One can add dual terraces on the south and create majestic window and door walls. Call for more information. Tax appeal in process!
