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.
Excellent all brick office building in the heart of Chicago's east side neighborhood. It has been used as a medical office for decades. Keep the same use or it can be used for professional offices. There are 7 treatment rooms, Reception areas, waiting areas, a conference room, file rooms, a copy room and other utility rooms. It has one full bath and two half baths. The 2 car garage is attached.
This exceptional two-unit building in the vibrant Stony Island/Burnside TIF District offers an unbeatable combination of location, versatility, and potential. Strategically positioned near the bustling Stoney Island Avenue thoroughfare, the property enjoys excellent visibility and accessibility. Boasting approximately 3,000 square feet of adaptable space, this building presents a wealth of possibilities. Currently configured as a medical office, it can easily be repurposed to accommodate a variety of uses, including retail space, hair salon, restaurant, co-working hub, educational center, wellness spa, or venue space. Each unit features its own private entrance, providing flexibility and convenience for tenants. Unit 1 offers direct frontage on 87th Street and includes a reception area, a spacious open workspace, private offices, and a full bathroom. Unit 2 features a vehicle drop-off area, a waiting room, four individual rooms, a private office, a kitchenette, and two bathrooms. The property provides ample parking, ensuring easy access for patrons and staff. Don't miss this opportunity to own a versatile and strategically located property in the heart of the Stony Island/Burnside TIF District.
This exceptional two-unit building in the vibrant Stony Island/Burnside TIF District offers an unbeatable combination of location, versatility, and potential. Strategically positioned near the bustling Stoney Island Avenue thoroughfare, the property enjoys excellent visibility and accessibility. Boasting approximately 3,000 square feet of adaptable space, this building presents a wealth of possibilities. Currently configured as a medical office, it can easily be repurposed to accommodate a variety of uses, including retail space, hair salon, restaurant, co-working hub, educational center, wellness spa, or venue space. Each unit features its own private entrance, providing flexibility and convenience for tenants. Unit 1 offers direct frontage on 87th Street and includes a reception area, a spacious open workspace, private offices, and a full bathroom. Unit 2 features a vehicle drop-off area, a waiting room, four individual rooms, a private office, a kitchenette, and two bathrooms. The property provides ample parking, ensuring easy access for patrons and staff. Don't miss this opportunity to own a versatile and strategically located property in the heart of the Stony Island/Burnside TIF District.
Beautiful Two-story rock solid brick mixed use building with newer thermal pane windows, roof/skylight, rolling retail shutters in front and electric gate in back. Both main ground floor and 1st floor are set up are open space. Each floor is approx. 6,250 sq/ft. There is also a full basement for additional usage or storage. The space is currently a blank canvas. Includes unused freight elevator at rear. Located in South Chicago's Commercial Ave., which from 83rd to 87th boasts flourishing mom and pop stores, and various ethnic cuisines. 87th to 95th are home to a growing number of corporations, businesses, non-profits and banks. Located in Special Business Area 5 and eligible for interior buildout grants, front facade and security grants. This building has many potentials uses from a thriving retail business or restaurant business on the main ground floor to an Art gallery on the 1st floor. Under additional Information you will find blueprints to build out the space for 25 incubator work booths, a dining area and two prep kitchens. (one of many potential uses for this building) The new Quantum computing and Microelectronics Park project has just been announced and stands to transform the U.S. Steel South Works property and the overall area into a hive of activity - see Crain's news articles in additional information. The Quantum site is 5 mins from this building. The 87th street South Chicago Metra line is only a 5 mins walk away from the building and runs to downtown Chicago. This huge building offers a great opportunity at a really really affordable price. Seller is open to offering owner financing.
This building consists of 5 office suites, a reception/waiting area, a kitchenette/pantry, 2 bathrooms, and janitor closet with sink, and a 2nd floor two bed apartment. The first floor commercial area consist of separate offices ready to lease out. The exterior of the building and commercial area is well qualified for the city's Neighborhood Opportunity Fund. This allows for substantial grant to improve the commercial/exterior of the property. The commercial space was most recently used as a NFP community center and second hand store. The full basement is well lit with about 6 foot ceilings. The second floor has a two bedroom split floor plan with eat in kitchen and spacious living room. Recent building updates include back (Western elevation) tuckpointing 2023, northern elevation tuckpointing 2021, 2022 HVAC on second level, 2021 HVAC on 1st level, updated electrical in last 3 years. Commercial Avenue Business Cooridor recent updates include outdoor vendor stalls, art stacks, raised bike lane, and permanent ground art. Proposed Commercial Avenue neighborhood reinvestments include a continuation of raised bike lanes, art stacks up to 8500 S. Commercial and a neighborhood revitalization at 8600 S. Commercial and 8900 S Commercial.
Incredible Investment Opportunity! This all-brick, mixed-use corner building offers approximately 2,700 square feet of total space, perfect for the existing restaurant or your new business venture. The second floor features a spacious 3-bedroom apartment, ideal for owner occupancy or additional rental income. Enjoy the benefits of a newer roof, updated electrical system, furnace, and hot water tank. The property also boasts a massive unfinished basement for potential expansion, an enclosed back porch, and a fenced backyard for privacy.
The Miracle on 93rd Street is for Sale. Great one story commercial property with endless possibilities. Power Circle Center is a 17,830 sq. ft. Building w/13,980 sq. ft. of Administrative Space (14 offices), 3,850 sq. ft. Auditorium/Banquet Hall/Multi Purpose Room holds 457 Persons, 8 Bathrooms, Shower Room with 8 Lockers, and 2 Parking Lots one on each side of building. There are 4 Lots totally fenced in. Need new HVAC System. Property is being sold in its as-is condition. Located adjacent to the US Postal Office in South Chicago. Contact me for your private showing.
Located in the heart of South Chicago this One story brick building is ideal for the business that requires high exposure. It has approximately 2700 Sq ft with about 115 linear ft of frontage on busy Commercial Ave. It is currently vacant and was formerly used as a dry cleaners but can be used for a variety of businesses. There is a full unfinished basement and plenty parking.
Clean and updated 7 unit building. Large storefront and 6 apartments. Storefront remodeled a year ago and has newer bathroom and furnace. Six apartments above which are easy to rent. Close to transportation and business. Easy to manage, just hold and collect your rent. Show and sell.
Unlock the potential of this prime mixed-use property located in the thriving South Chicago neighborhood! This unique offering sits on a double lot, providing ample space for a variety of business opportunities and residential living. The property features a well-maintained space on the ground floor that is currently utilized as a local community place of worship. Future use is ideal for retail, office, or service-oriented businesses. With large windows that allow for excellent visibility and natural light, this versatile space is ready for your creative vision. The interior boasts an open layout, which can easily be customized to suit your needs. Above the commercial area, you'll find a spacious residential unit complete with 3 bedrooms and 1 bathroom. This charming apartment features an open comfortable living area, perfect for tenants or owner-occupants. Enjoy the convenience of separate entrances for both the commercial and residential sections, ensuring privacy and functionality. The expansive double lot offers plenty of outdoor space for potential expansion, parking, or landscaping. Imagine creating a patio area for outdoor dining or a garden oasis in the heart of the city! Located in a bustling community, this property is just steps away from the lakefront, local amenities, public transportation, and major roadways, providing easy access to downtown Chicago and surrounding neighborhoods. Whether you're looking to invest, start your own business, or generate rental income, this mixed-use property presents a fantastic opportunity. Don't miss out on this rare find in South Chicago-schedule your exclusive showing today and explore the possibilities this property has to offer! Conveyed as-is. Property taxes prorated at 100% of most recent full year tax bill. Buyer will assume any/all violations.
AMAZING INVESTMENT OPPORTUNITY. True Armchair investment - Every Inch of the building has been improved and renovated to todays design and finishes and all quality craftsmanship. 6 Unit Building. 5 Apartments (All 3 Bedroom/2 Bath) and 1 Storefront. ALL WORK WAS PERMITTED THROUGH THE CITY OF CHICAGO. BRAND NEW CONCRETE AROUND PROPERTY. BRAND NEW ROOF. BRAND NEW WINDOWS, ALL BRAND NEW MECHANICALS. OFFICE HAS 2 BATHROOMS AND IS 1200 SQ FT WITH 400 SQ FT OF STORAGE IN THE BASEMENT AND HANDICAP ACCESSIBLE. All Units will be conveyed vacant to give new owner(s) the opportunity to place tenants and maximize income. ALL APPLIANCES WILL BE INSTALLED PRIOR TO INSPECTION. HUGE INCOME OPPORTUNITY.
Unique opportunity to acquire a cash-flowing asset that realizes a 9% cap rate. Managing company Taty Management LLC. Full occupancy! Long-term tenants. Low rents with room to increase. It's a must-see! Brick 6 units building with six 2b/1ba apartments with a large eat-in kitchens! All units are equipped with updated kitchens and bathrooms featuring modern appliances, and granite countertops. Separate heat and water tanks for every unit. Updated electric, and copper plumbing. Everything is up to the new code. Parking is plenty on the street and a two cars brick garage in the rear. Great location close to transportation on a quiet block.
Brick, center entrance, 6 unit apartment building located in the South Chicago neighborhood. This property boasts six 2 bed/1bath units, with each unit having large bedrooms and an extra bonus room in the rear of the 2nd bedroom. Heat is provided by a central boiler and radiator system. The units are in good condition, but there are outstanding violations on the building and it will be sold subject to those violations. This property is being sold "AS-IS". Conveniently situated 1/2 block north of the main diagonal street of S. Chicago Ave (serviced by the #30 CTA bus), and approximately 6 blocks south of the entrance/exit ramps for the I-90 Chicago Skyway. Situated in a quiet neighborhood on S. Yates Blvd, in an area of small apartment buildings and well kept SF homes. Located 15 miles from the center of downtown Chicago and just 2 miles (#87 CTA bus) from the beautiful Lake Michigan lakefront at Steel Worker's Park and Climbing Wall.
This Beautiful two story brick building has much to offer and can be a great investment. The first floor is hosts to a well established sports bar with dine in food. There is a billiard/ game area plus there is a bocce ball court on the side lot. The entire second floor is setup with a large apartment with 2 full baths and 6 bedrooms. There is a large attached 2 car garage and additional space that can be used by the property owner. Mechanicals have been updated and the entire building is in great shape. Note that with more than 50% of the building being residential living space it is possible that this can be approved for FHA loans permitting a low down payment (CHECK WITH YOUR LENDERS). There are approximately 6 off street parking spots and plenty of street parking as well. Property taxes are based on both parcels with 2 addresses.
We are offering a 11,000 square foot (5,500 1st floor, 5,500 lower level), completely renovated and secured, single story, brick freestanding building with full basement. Renovations include first-floor open floor plan with retail space- incredible heights! The lower level features a dry basement, a 23x14 private office with full bath, 23x11 file room, 20x16 cooler, and 2,500 square feet of storage space. Additional upgraded features new electrical, plumbing, HVAC, security cameras and shutters. New power (800 amp), new heating, new air. Currently vacant, great opportunity to start your own business. Great for a retailer, restaurant, dollar store or grocery store. The property sits on the corner of S. Baltimore Avenue & E. 92nd Street, with easy access from the CTA, Skyway and S. Lake Shore Drive and next door to Metra.
PRICE REDUCED!! First time on the market, a spacious lot currently used as an auto sales and automotive/mechanic shop. This auto sales lot holds at least 50 vehicles, has a very nice office, updated bathroom, separate mechanic's garage, huge storage both with overhead garage doors plus 3 additional storage areas. Entire lot including buildings measures approximately 13,800 square feet. Easy access to Chicago Skyway, Industrial area of South Chicago Avenue and high traffic area of South Stony Island on the southbound side. Currently an auto sales and mechanic shop, property is surrounded by large wrought iron fence and high 15+ foot iron/metal fencing along alley way. Very clean property with great exposure and ready for any new business opportunity. Electrical, propane heating and water access on property. No central heating but propane heating in place for space heaters. Listing agent is related to owner. PROPERTY IS SOLD "AS IS".
Attention Investors: Don't miss this chance to invest in a spacious 2-unit property with a full basement. 2 Car Detached Garage. This property is ripe for renovation, perfect for launching a new business. With two new 100 AMP electrical boxes to segregate residential and commercial power usage, this property offers a promising opportunity. Each unit will be able to be set up so they settle their own utilities. Sold AS-IS. Cash offers require proof of funds, Conventional financing requires a pre-approval. This property holds significant income potential. Great Location Near Metra, Shops, Dining, and the Beach!
INVESTORS NICE AREA. (8016-8022 S YATES) CONVENIENTLY LOCATED NEAR LAKESHORE DRIVE OR EASY ACCESS TO EXPRESSWAYS AND PUBLIC TRANSPORTATION. BEAUTIFULLY REHABBED CALIFORNIA STYLE BUILDING. THIS PROPERTY WAS REHABBED IN 2021. FULLY OCCUPIED. THIS PROPERTY OFFERS 5 (1 BEDROOMS) AND 6 (2 BEDROOMS). NEW FRONT & BACK PORCH; NEWER ROOF; COIN-OPERATED LAUNDRY; ASSIGNED PARKING. 11 WALL-UNIT A/C; TENANTS PAY COOKING, HEAT AND ELECTRIC. UPDATED IN-UNIT SERVICE PANELS. MAKE YOUR APPOINTMENT TODAY. GREAT INVESTMENT!!
This small storefront is located on busy corner on 87th st! This building is need of a full rehab. Building includes some Kitchen Equipment, Ansul System, and Exhaust Fan hood. A great start for any new restaurant or catering kitchen! It also features a side gate with private parking for easy loading/unloading or employee parking. Come check out this small space with BIG possibilities!
GREAT INVESTMENT! FULLY RENTED 5 UNITS (WITH POTENTIAL FOR 6TH GROUND UNIT/IN LAW UNIT)! RECENTLY REHABBED 2 BUILDINGS ON THE SAME LOT! FRONT BUILDING HAS 2 UNITS (POSSIBLE 3RD)! BACK BUILDING HAS 3 UNITS! 4-2 BEDROOMS UNITS AND 1-3 BEDROOM UNIT! TENANTS PAY FOR GAS AND ELECTRIC! TENANTS IN 3 UNITS ARE THE LONG TERM TENANTS! 2 UNITS JUST RENTED! INCOME COULD BE HIGHER! BUILDING IS CONVENIENTLY LOCATED CLOSE TO THE STORES, HIGHWAYS AND PUBLIC TRANSPORTATION!
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