The median home value in Chicago, IL is $208,900.
This is
higher than
the county median home value of $197,800.
The national median home value is $185,800.
The average price of homes sold in Chicago, IL is $208,900.
Approximately 38.58% of Chicago homes are owned,
compared to 47.81% rented, while
13.62% are vacant.
Chicago real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today! Learn more about Chicago Real Estate.
Gorgeous vacant brick center entrance 6-flat on huge 60'x125' lot in hot Woodlawn awaits the savvy value add investor and/or rehabber. 1st floor consists of 2 very large 2 bedroom units with formal living and dining rooms. 2nd and 3rd floors are generous sized 3 bedroom units with formal living and dining rooms and front porches. Needs total rehab but the upside potential is significant as Woodlawn is seeing an amazing amount of investment and the building is close to University of Chicago campus, future Obama Presidential Library, new Jewel at 61st & Cottage Grove, new University of Chicago Charter School and historic Washington Park. Easy walk to Greenline trains and Hyde Park restaurants, shopping and nightlife. Redevelopment all around. Sold "AS-IS".
Great investment property for sale. Building consists of 6 3bed/1baths. Apartments are very spacious with great natural light! Call James for more information.
6161. S Michigan Ave, a center entranced six (6) flat residential building located in Chicago's Washington Park neighborhood. The property is located on a prospering block which includes a retirement community directly next door, and is less than a half mile to both the Greenline and Redline L stops. This 100% occupied turn-key investment underwent major renovations in 2015. Improvements include, but were not limited to new 400A service with six new 100A electric panels and wire, updated in-unit furnaces, refinished hardwood floors, replaced waterlines, updated plumbing, masonry tuck-pointing, roof flashing repairs, updated bathrooms and kitchens, new rear porches, new hot water heaters, and replaced exterior doors. Common area hallways recently painted. Tenants pay electric, individual heat, and cooking gas.
This Property Has Been Newly Updated and Is Fully Occupied With Tenants, Close To Transportation and Sits On Very Quite Block. Located in the beautiful Shore South Area.
Prime commercial property nestled on 6,500 square foot totally fenced in. Currently used as auto/diagnostic center with 6 bay brick garage with air lift, diagnostic equipment, tow truck, snow plot and more. Minutes from Dan Ryan Eway. Built in client base. Senior owner retiring after nearly 40 years in business. Serious inquiries only.
GREAT INVESTMENT! Beautiful lime stone building. Completely rehabbed. Everything is NEW!!! Each tenant pays for electricity and gas. Coin laundry in the building. Gated property with intercom and security cameras. Fully occupied. Monthly income is $10,000!! . Parking in the back. PLUS EXTRA VACANT LOT NEXT TO THE PROPERTY ( 28x163) included in the PRICE!! Many new constructions in the area!! Walking distance to Washington Park. Seller is a licensed IL RE broker.
LOOK NO FURTHER ! MINUTES AWAY FROM THE UNIVERSITY . GUARANTEE RENTS EVERY MONTH . SECTION 8 APPROVED BUILDING . TENANTS PAY ALL UTILITIES. 100% OCCUPIED WITH POSITIVE CASH FLOW .
Beautiful brick cash flowing 7 unit fully rented.. located in the historic Washington Park Neighborhood. Completely rehabbed and 100% occupied. Five 3 bedrooms and 2 bedrooms units. 4 parking spaces in the rear. Individual Heat. No City Violations. Excellent management and collections.
South Park Terrace is a 52 unit apartment building on the boarder of Washington Park and Woodlawn consisting of 46 one bedrooms, 4 two bedrooms, and 2 three bedrooms. The location is 0.2 miles north of the CTA King Drive Green train station. The building is walkable to University of Chicago, 63rd Street Beach, Jackson Park golf course, and well acclaimed Mt. Carmel High School. Capital improvements include roof (3 years old), porches (2 years old), and new water heater. Property being offering at ~9% CAP rate with rental upside.
Highly desirable corner property in upcoming Washington Park secondary consideration location for the Obama Library. B3-2 zoning allows for excellent commercial retail and mixed-use apartments above storefronts. Perfect for new construction or any type of business. Land frontage is excellent with 128' width x 95'. Building has a large first floor and second floor amply providing over 18,000 sq. ft of interior space plus a basement. Currently a prosperous not-for-profit day care with licensing approved for 94 students. Excellent financials. Annual gross receipts in high six figures. Building wraps around on to Prairie Ave., with a catering kitchen. Caterer will lease back for several months or until new location found. First time on market. Truly a fresh offering. Tons of development in area. Next Bronzeville. Photos, floorplans, drone. Very close to Washington Park almost steps away. Soon to be recognized as one of the City's greatest parks. Also close to Hyde Park, due east.
Only 4 years new construction 18 unit fully rented building w/ elevator, walking distance from the University of Chicago Hospital and college campus and 5 minutes from future location of Barack Obama Presidential Library and tons of other developments in the area. All 3 bedroom units. Gorgeous kitchen and bathrooms-master w/ jacuzzi tub and double vanity, separate shower. Quartz countertops, Bosch stainless steel appliances, hardwood floors throughout, prewired for surround sound, recessed lights, balcony, and fireplace and laundry in each unit, all units have separate furnaces and A/C units. Spacious and sunny units with tenants paying separate utilities. The building is a great source of income and investment opportunity. Call today!
