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.
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.
Investment opportunity in Portage Park. Recently remodeled mixed use building near Belmont and Central. 1st floor office and 2nd floor apartment with 3 bedrooms that is tenant occupied. New roof, tuck pointing, windows and A/C. Being sold AS-IS
A rare opportunity to own a beautiful, well maintained 6 unit building right in the heart of Andersonville! This building has been family owned for 70 years. The original building layout features 3 two bedroom units and 3 one bedroom units but the top floor units have been combined to create a huge owner's unit. This building still has a a lot of charm with many of the original built-ins and woodwork still intact. There is a large basement that could provide an opportunity for future expansion. There is a 5 car garage for additional income plus a great yard. All units have a separate dining room and an enclosed rear porch. This building could be great for an owner occupant or an investor. The garage was rebuilt, the boiler is approximately 5 years old & new lintels approximately 5 years ago. Rental rates are below market due to long term tenants or family members occupying the units. Garage spaces are rented for an additional $100/each. Approximate dimensions for the one bedroom floor plan: LR 14X13, DR 14X13, Kit 12X11, BR 14X10, Enc. porch 13X8. Approximate dimensions for the two bedroom floor plan: LR 14X11, DR 14X13, Kit 12X11, BR1 15X10, BR2 10X10, Enc. porch 13X8, Panty 6X4. The building is in good shape and will be sold "AS IS".
WOW-BRICK CENTER ENTRANCE 6 FLAT- BEAUTIFUL BUILDING, MANY ORIGINAL FEATURES- ALL 2 BEDROOM APARTMENTS WITH SEPARATE DINING ROOMS & ENCLOSED SUNROOMS (WORKS AS A DEN OR OFFICE). LOTS OF ORIGINAL WOODWORK AND BUILT-IN HUTCHES-4 CAR BRICK GARAGE-GAS-STEAM HEAT- CURRENT RENTS ARE BELOW MARKET-BUILDING IS FULLY OCCUPIED-GREAT BUILDING-GREAT LOCATION-THIS IS A WONDERFUL INVESTMENT OPPORTUNITY!
Location,Location,Location! Great Opportunity to own a 13 Unit Apartment Building in Old Irving Park! 3 stores and 10 units under contractions (mix of 2 large 3 bedrooms, 2 large units of 2bedrooms and 6 standard 2 bedrooms). 4 Units are rented out and 6 units are almost done with renovation. MANY IMPROVEMENTS HAVE BEEN COMPLETED IN THIS PROPERLY MAINTAINED building but whole renovation needs to be finished. Convenient to shops, dining, library. Newer roof. Separate HVAC units, tuckpointing entire building, and new windows. Big court yard on the back.
Spectacular store front location right in the heart of Chicago's Dunning Neighborhood! Property can be divided into 2 store fronts with separate addresses. 2 electrical meters!! 220 electrical!! Property has a basement along with an attached garage! Single family home to the east of this property also for sale for $199,900. MLS number for that property is 10495032. Purchase both and develop! New construction coming right next door!!
Great location. Roscoe Village. 3000 Sq. Ft. Finished commercial space with soaring ceiling height in the rear of the property. Perfect use for a photographer, restaurant, retail, office or use land to develop a mixed use building. Front of building includes: 4 offices, conference room, entrance lobby, kitchen, half bath. Rear of building includes: workshop/open area, alley access, overheard door and full bath. Current zoning B2-2. 2019
Located in the heart of the New Motor Row entertainment district, this standalone building has been fully built out as a bar/restaurant called Bar 22. A newer roof, all new interior, fixtures, brand new build out. The building offers a single unit space that is perfect for any restaurant.
Location, Location, Location!!! Mixed use store front plus 3 units. Needs TLC!! All utilities are separate.Come and see this mixed use in the Irving Park area!!! A lot of new construction in the area.
Amazing commercial condo opportunity in desirable Irving Park neighborhood! Own for less than the cost of renting. Take advantage of the Pulaski/Irving Park business corridor with this spacious storefront space in a newer condo building with large retail windows. This space has an inviting open floor plan with 14' high loft-style ceilings, private back office, storage/utility room, and private bathroom. Currently used as a chef's video production studio showcasing an amazing cook's kitchen with $30k+ of ultra-high-end KitchenAid appliances, remote- wi-fi-controlled double oven, built-in microwave, dishwasher, and stunning 42" Franke sink with garbage disposal. Expansive & luxurious space for meetings and entertaining. Unit has a smart lock system on side door, 6-gallon hot water tank, and plenty of space for storage in back room. Owner currently grosses $33,000+ on the side from commercial shoots and event space rentals in this highly-desirable space. Customer list can be shared for additional income. Perfect for a modern office, retail storefront/cafe, or event space. Just steps to Blue Line, Metra, and easy access to expressway. Minutes to downtown and O'Hare. ACT FAST!
"SOUTHSHORE BEAUTY" This property has been well maintained . No work is needed . This property comes with a lot that is RM5 OPPORTUNITY ZONE . The lot has the potential to build another 6 flat on it . The tuck pointing job has been done within the last 3 months . The electrical service is 400 AMP service . Each unit has individual circuit breakers . The entire building is completely occupied and all tenants are current in rents . There are 3 subsidized tenants , which are the higher rents . There is room to increase the rents for the other 4 units. . (6) 3 bed 1 bath and (1 ) 1 bed 1 bath . This property receive $7315 Gross Per MO . Property come with a parking pad Minutes away from lakeshore drive , 5 minutes away from the beach , minutes away from the tiger woods golf course . Owner is looking to sell to acquire a larger property. Lets a make a deal !
Investors take advantage of this Cash-Flow generating 5-unit (3-flat with 2 unit coach house in the rear). Just blocks away from all 26th st. shopping and stores! This property makes about* $3,000 in Gross monthly income currently. Comparable renovated* units like 10663513 and 10654031, show that rents within .5 miles for $1200-$1300 are not only strong ARV comparable properties, but current rents could be doubled in the right conditions. That's $6500 of projected rent roll!
Remodeled, per plans with city approved permits in 2017, solid 6 unit building with full basement & POSITIVE CASH FLOW; Electrical: All new 400 amp service, new conduits and wiring, new masthead & meters, hard wired Smoke/CO detectors, outlets and switches, light fixtures throughout whole building; Plumbing: All new waste/drain lines, gas lines/meters & water supply copper piping, fixtures & vanities, water meter; HVAC: All new individual High Efficiency gas Furnaces/AC, all new individual water heaters; Kitchen/Bathrooms: all new tiles, cabinets and granite countertops; Drywall: replaced/repaired approximately 250 sheets, painted throughout; Porch: new back porch replaced per plans; Roof: installed new rubber membrane including silver paint, repaired firewalls and copings, new gutter system; Each unit consists of 2 bedrooms, 1 bathroom, individual high efficiency gas furnace/AC, water heater, tiled kitchens with stove, refrigerator and range hood, spacious living rooms, elegant dining rooms {front units only}, refinished hardwood floors, 100 amp electrical panel; Tenants pay: AC/Heat, Electric & Hot Water; Laundry room, fenced front & rear of the building, surveillance camera systems; Located by S California Ave & W Roosevelt Rd, in North Lawndale, within walking distance to Douglas Park, west of Medical District & Tr-Taylor area, near public transportation.
Prime Location. Well known Name-Chicago Tire. Over decade in business. Established auto repair and tire shop on busy street. Pre-approved buyers only. Do not talk or approach employees. 24 HRS please for showing.
ROC Advisory Group - @properties Commercial is pleased to present a 3-story Corner 9-unit Apartment Building located in the Chatham neighborhood of Chicago. The asset provides an opportunity for a qualified investor to purchase a well maintained, well located property with many long-term tenants. An Investor's Dream - this Previously Class 9 Designated Property (2005-2015) is once again eligible as of 11/2019 after undergoing $111,150 (completed 11/2019) in capital improvements and code violations remediation PLUS another $45,000 updating all but one apartment (545-2). 541 E 80th consists of (8) 2beds-1bath units along with (1) 1bed-1bath unit. Eight units underwent remodeling work between tenants. The work entailed the following items: repainting, floor sanding/refinishing, new blinds, ceiling fans, cabinets, vanities, light fixtures, sinks, faucets, closet hardware and new appliances. 2.08 Debt Coverage with 25% Down presents a unique opportunity to own a fully-occupied, well maintained cash cow with current below market rents located in a stable and quiet neighborhood just 1 block south of 79th St transportation and retail hub. * Complete List of Capital Improvements including dates & costs available upon request. ** Class 9 Paperwork available upon request. Email request for Offering Memorandum
Bucktown 1st floor commercial office in a residential building. Keep as an office or can be a great remodel/flip project. The space is appx 3500 Sqft and includes a full finished basement. Monthly assessment is appx $700. Interior features include high ceilings, changeable floor plan, exposed brick, new luxury bathrooms and custom lighting, finished plumbing. Comes with 3 outdoor parking space .Please check out the video, picture, and floor plan attached. Currently on the mls for lease also, 2357 N Damen is occupied by Tenant thru end of September 2020 while 2355 N Damen is vacant.
Six unit brick building in great Ukrainian Village location. Owner has kept the building in good shape and much of the heavy lifting is done on improvements. The rear units are more updated: central heat, AC + washer/dryer. The front units have central heat, but no AC or washer/dryer; value-add opportunity to install AC and washer/dryer on these three units. Common laundry in basement. All six units have outdoor space. 2 car garage behind building off alley. Photos are of one front unit and one rear unit. Building is being sold AS IS.
**BOOMING LOGAN SQUARE** Original 1879 balloon frame construction beer hall in front has full basement. Clear span cement block addition in back on concrete pad. Building occupies entire lot. 14' ceilings. Perfect retail location on busy Milwaukee Ave. Just 2 blocks to California Blue Line station. Current tenant is month-to-month. Occupies as an artist's studio. Pays all utilities (gas, electric, water, scavenger). Owner pays only real estate taxes and fire insurance ($1811/yr). New construction up and down the street. Cozy Corner Cafe on the corner. Colectivo Coffee across the street. Call for your appt today and get in on the action!
8 UNITS CASH COW IN BRIGHTON PARK AREA. 11 CAP INVESTOR'S DREAM PROPERTY. TURN KEY OPERATION. TENANTS PAY THEIR OWN ELECTRICITY. TWO 2 BEDROOM APARTMENTS AND SIX 1 BEDROOM APARTMENTS. ROOF, SUMP PUMP, WATER HEATER & HEATING CONTROL PANELS ARE NEWER. ALL UNITS HAVE BEEN REHABBED/REMODELED WITHIN THE LAST 18 MONTHS, EXCEPT UNIT 3 THAT HAS BEEN THERE FOR YEARS. LOTS OF PARKING SPACE. LOCATED CONVENIENTLY NEAR LAUNDROMAT, SCHOOLS, SHOPPING AND PUBLIC TRANSPORTATION. PROPERTY IS BEING SOLD "AS IS"
Confidential Sale!!! A once in a generation opportunity to acquire the best parcel of real estate in Chicago's pre-eminent Andersonville neighborhood. The property consists of an approx. 22,500 SF land site with an approx. 19,000 Sf existing building with over 150 ft of frontage on Clark St. Located just north of the intersection of Clark St & Foster, the property offers an opportunity to re-develop the site into a higher density retail, residential, or mixed-use development. Existing C1-2 zoning will allow for an approx 50,000 SF building. Currently occupied by long-time tenant Cheetah Gym, and a local tavern, the current operator will also consider leasing the entire building back to provide cash flow to a new owner. One of Chicago's best retail corridors, with an incredible mix of national tenants including Starbucks, Chase, Walgreens, Potbelly, Buffalo Exchange AT& T, as well as iconic local tenants such as Lady Gregory Restaurant, Women and Children First book store, Hopleaf, Hamburger Mary's and many, many others. Do not disturb tenants!
3 unit Brick building with a 2 unit brick and frame coach house in the rear for a total of 5 nice sized apartments. Both the main building and coach house feature full basements with approximately 7' ceilings and both buildings have attics, with the front building attic having approximately 9' - 10" heights at the peak. Great opportunity to duplex up/down for increased unit sizes and rents.
5-unit mixed-use building located on 18th Street in Chicago's Pilsen neighborhood. The building is located on the Northwest corner of 18th Street & Hamilton Avenue for excellent visibility and abundant sunlight. The building has a full basement and a parking pad for 2-3 cars in the rear. The roof is approximately 10 years old and the current zoning is C1-2 allowing for additional density. Great mix of 1 and 2 bedroom units.
Located at the intersection of 18th & Miller, a great mixed-use re-development or renovation site available on Pilsen's 18th Street. The property is comprised of a retail store, formerly Trino's Pizza, a vacant gutted 2nd floor apartment and a large 3 car garage with alley access. Approved plans for renovation are available for the apartment and has new copper, cast iron plumbing and framing completed. The building features a full basement and a newer steel porch connecting the retail. apartment and the three-car garage. Plenty of FAR left to create additional square footage providing a true value-add opportunity.
Mixed Use Perfect for Investor or Owner Occupied Mixed Use Tall Building with 2 large updated units (3 Bed + 1.5 Bath each) on 2nd and 3rd floors. All units have separated Gas forced air furnaces and central air. In-Unit Laundry in both Apts. 2.5 Car Garage (Potential to add another garage door and double your garage space, see length of garage in photos) Common area Deck for entertaining over the north end of Extended Garage. An Additional 8-9 Outdoor Parking Spaces for Residents or Business. Great Unit Tenants and both on MTM and pay own Separated Utilities on gas and electric **Note the Potential of a 2nd Business would be Bonus Income in rear Garage Area (Currently Used as a Shop for Lawnmower repairs) Bring your Ideas!! ** Currently a Neighborhood Hardware store with an Excellent Reputation in the area. Location is conveniently located just east of Halsted and seconds West of 90/94. Property Class: 2-12 Mixed-use commercial/residential building.
Prime commercial corner property successfully run as a neighborhood street level retail center with longtime laundromat and nail salon tenants. This 4,800 SF freestanding three unit building has 148 ft 71st Street frontage. Building is 69% occupied and third unit has just been rehabbed and is ready for vanilla box delivery. The building is available as a portfolio sale with the adjacent building located at 400 E 71st. Here is an opportunity to own the entire block on 71st Street between King Drive and Vernon Ave. . Located in Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Easy access to the Edens Expressway and The Skyway. Nearby intersection has 25,000+ VPD. Zoned B3-1 - Community Shopping District. Located in the 67th/Wentworth TIF District. The district is intended to foster new residential, commercial and mixed-use development investment opportunities.
