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.
Prime investment opportunity in Auburn Gresham! Well maintained 14-unit building featuring 14 1bed/ 1bath units with average rents of $968/ unit. Building has been professionally managed and units well maintained allowing next investor ability to increase rents 15-20% without unit renovations. Building is individually metered for gas and electric. On-site common laundry available to tenants.
Discover the exceptional investment opportunity at 2036 W 79th St, Chicago, IL 60620. This strategically located two-story commercial facility boasts a generous 12,690 square feet of building area on a sprawling 0.76-acre lot. Built in 1960, this versatile property includes a large chapel, multiple viewing rooms, office spaces, and a substantial parking lot, offering unparalleled operational efficiency and convenience. Situated in the bustling Auburn Gresham neighborhood, this property enjoys outstanding visibility and accessibility from major thoroughfares, including 79th Street, Western Avenue, and Ashland Avenue, with easy access to Interstate-94. The expansive 33,174 square foot site provides ample space for potential expansion or redevelopment, making it a prime candidate for a variety of commercial uses. Currently utilized as a funeral facility, this turnkey opportunity is perfect for similar service providers or can be easily adapted for other commercial ventures. The property's B1-1 Neighborhood Shopping District zoning supports a wide range of retail and commercial activities, making it an ideal choice for real estate developers seeking to diversify their portfolio. Investors and government agencies will appreciate the property's redevelopment potential for community-enhancing projects. The City of Chicago offers significant incentives to buyers, including the Neighborhood Opportunity Fund, which finances commercial and cultural projects in neighborhoods that lack private investment, using revenue generated from downtown development. Additionally, this property qualifies for the City of Chicago's Small Business Improvement Fund (SBIF), promoting economic development by providing small businesses and property owners with reimbursement grants for permanent building improvement costs. Seize this unparalleled opportunity to invest in a property with both immediate operational benefits and long-term developmental prospects. DO NOT DISTURB STAFF.
Pleased to present the 8-unit mixed-use/multifamily located in Chicago's Auburn Gresham neighborhood. The property unit mix includes (6) one-bedroom, one-bathroom units,(1) two bedroom, one bathroom unit and a retail unit occupied by a Salon. All units are beautifully maintained hardwood floors and nicely appointed kitchen and baths. The salon benefits from having been recently remodeled with freshly painted walls, new flooring and recessed lighting. A newly installed furnace provides separate forced air heat to the salon, and a refurbished boiler provides heat to the residential units.New plumbing risers recently installed. There's a laundry hook up in the basement that can provide extra profits with a coin operated washer and dryer and there's 7 parking spaces in the rear of the building to designate as you like. This building is self managed by ownership. Pride of ownership truly shows here! Conveniently located to public transportation, Midway Airport and the Loop makes this location attractive to commuters.
46,000 SQFT Warehouse with 18' ceilings has tons of potential! Freight elevator, Sprinkler System, Office Space (Approx 2,000 sqft) with 1 DID, and 2 TL docks. This property is situated in a strategic location, offering easy access to highways and public transportation options including the Metra. Truck routes to Midway and O'Hare International Airports, the Port of Chicago, and the regional freight network. M1-2 zoning lends itself to a wide variety of warehouse uses including light manufacturing, distribution, E-commerce fulfillment center, Logistics and transportation operations and more! Neighboring Green Era Campus is revitalizing a 9-acre area, transforming it into a renewable energy hub and green space that supports economic empowerment, clean energy, fresh produce, and a thriving community.
Right across from a newly constructed 30 unit mix use building as part of the INVEST South/WEST initiative. High demand location! Totally renovated 5,000 square foot commercial building ( 2,500sq storefront + 2,500sq basement) is available for sale near the corner of 79th and Halsted. Current tenant is a Martial Arts/Karate store; paying 2,100 per month with a month to month lease. Previously used as a medical office, this storefront has great potential for retail or office use. The building features a good window line on 79th, high ceilings, a large skylight and exposed brick. There is also a full basement for storage. The intersection of 79th and Halsted is a key commercial corner for the neighborhood anchored by national businesses such as Save-A-Lot, Bank of America and CVS. Lots of new construction projects nearby initiated by Invest South/West City of Chicago program.
Has been used as a church for over 50 years. Also used as a daycare in recent years. The package for sale is one older church building and a recently built church addition. There are two lots included in the sale. Buildings secured with wrought iron fence. Six recently rehabbed bathrooms, two offices, two kitchens, finished lower level, and large fellowship hall. Older building has recently constructed ramp. Well maintained and ready for a new owner. Show with confidence.
Discover the potential of this exceptional mixed-use building, perfect for launching your business! The first floor commercial space offers ample space ideal for various uses and was previously utilized as barbershop and hair salon. On the second floor residential level you have two units, each offering 2 spacious bedrooms and one full bath that provides an excellent opportunity for additional rental income. The property also features a convenient 1-5 car concrete pad in the rear for ample parking. Property has a new roof that is less than 5 years old. With a total of ~3,000 sq. ft., this versatile property is ready for your next great venture with a some TLC. Don't miss out on the chance to make it your own! Schedule your private showing today to view the potential this property has for your investment purposes!
Discover the potential of this exceptional mixed-use building, perfect for launching your business! The first floor offers ample space ideal for various uses and was previously utilized as a chiropractic practice. Upstairs, a spacious 3-bedroom apartment provides an excellent opportunity for additional rental income. The property also features a convenient two-car brick garage and new concrete in the rear. Recent updates include new plumbing, electrical systems, and a hot water tank. With a total of 3,100 sq. ft., this versatile property is ready for your next great venture. Don't miss out on the chance to make it your own! Rental income estimate: * Commercial: $3,375/month * Residential: $1,500/month * Total Monthly Rent: $3,375 + $1,500 = $4,875 * Total Annual Rent: $4,875 * 12 = $58,500
Three story building inclusive of 2 lots available now. Approximately 7500 sf on the first floor and 15000 for second and third levels combined. Lot size 8548 sq ft for building. Building was once used as a bank. This is almost a shell so bring your plans to build out. Selling "AS IS."
A unique opportunity - an entire city block available in Chicago's Auburn-Gresham community! The site of the former St. Kilian's Parish, this 3.52-acre parcel includes the church building, the former rectory, a modernized and leased school along with 6-car garage parking, a private paved parking lot and ample green space. Bordered by 87th Street, May Street, 88th Street, and Aberdeen Street. The church (1111 W. 87 Street), with approximately 12,688 sq ft of floor space, was built in 1936-37, and designed by Joe W. McCarthy in an imposing Italian Renaissance style with interior Celtic motifs on the walls and stained-glass windows. Imposing ceilings with custom wood trusses, ample pew space, carpeted and tiled flooring, some paneling, and a partial unfinished basement which houses the boiler/steam heat system for the church. Two additional side rooms served as a sacristy and preparation area. There is a private entrance/breezeway to the church from the rectory. The 5,534 sq ft rectory (8725 S. May Street), built in the late 1920's, is a towering all brick two-story building with a full partially finished basement. The main level consists of 3 offices, kitchen, dining room, 3 bedroom/living quarters, and 3 bathrooms. The upper level has 10 rooms (bedroom & living quarter suites) and 5 bathrooms. The rectory heating system, a boiler for radiator heat, is about five years old. The original school building (8748 S. Aberdeen) was recently updated and expanded (over 50,000 sq ft) along the entire length of South Aberdeen by the current lessee, Noble Network of Charter Schools with state-of-the-art classrooms, laboratories, gymnasium, full restaurant-style kitchen, and so much more. The existence of the school with a long-term lease makes this an excellent investment with immediate income. Truly a commodity property with a once-in-a-lifetime opportunity to make this parcel something special!
Discover the exceptional investment opportunity at 2036 W 79th St, Chicago, IL 60620. This strategically located two-story commercial facility boasts a generous 12,690 square feet of gross building area on a sprawling 0.76-acre lot. Built in 1960, this versatile property includes a large chapel, multiple viewing rooms, office spaces, and a substantial parking lot, offering unparalleled operational efficiency and convenience. Situated in the bustling Auburn Gresham neighborhood, this property enjoys outstanding visibility and accessibility from major thoroughfares, including 79th Street, Western Avenue, and Ashland Avenue, with easy access to Interstate-94. The expansive 33,174 square foot site provides ample space for potential expansion or redevelopment, making it a prime candidate for a variety of commercial uses. Currently utilized as a funeral facility, this turnkey opportunity is perfect for similar service providers or can be easily adapted for other commercial ventures. The property's B1-1 Neighborhood Shopping District zoning supports a wide range of retail and commercial activities, making it an ideal choice for real estate developers seeking to diversify their portfolio. Investors and government agencies will appreciate the property's redevelopment potential for community-enhancing projects. The City of Chicago offers significant incentives to buyers, including the Neighborhood Opportunity Fund, which finances commercial and cultural projects in neighborhoods that lack private investment, using revenue generated from downtown development. Additionally, this property qualifies for the City of Chicago's Small Business Improvement Fund (SBIF), promoting economic development by providing small businesses and property owners with reimbursement grants for permanent building improvement costs. Seize this unparalleled opportunity to invest in a property with both immediate operational benefits and long-term developmental prospects. DO NOT DISTURB STAFF.
GREAT INVESTMENT OPPORTUNITY!! AUBURN GRESHAM - 6 UNIT BLDG- BEAUTIFUL SOLID BRICK EXTERIOR w STONE ACCENTS- 2 CAR GARAGE! BOILER HEAT -BOILER IS 1 YEAR YOUNG- ROOF is APPROX 5 YEARS OLD - WINDOWS APPROX 10 YEARS OLD- EACH UNIT ELECTRIC is SEPARATELY METERED - BASEMENT FOR STORAGE ****"As-Is" Sale***NO FHA or VA LOANS ACCEPTED*** Convenient access to the Dan Ryan Expressway, Public Transportation that includes the CTA Red Line, and Metra Train Station. Minutes away from Foster Park and newly developed shopping areas. Tenants responsible for their own electric.
Discover the exceptional investment opportunity at 2036 W 79th St, Chicago, IL 60620. This strategically located two-story commercial facility boasts a generous 12,690 square feet of gross building area on a sprawling 0.76-acre lot. Built in 1960, this versatile property includes a large chapel, multiple viewing rooms, office spaces, and a substantial parking lot, offering unparalleled operational efficiency and convenience. Situated in the bustling Auburn Gresham neighborhood, this property enjoys outstanding visibility and accessibility from major thoroughfares, including 79th Street, Western Avenue, and Ashland Avenue, with easy access to Interstate-94. The expansive 33,174 square foot site provides ample space for potential expansion or redevelopment, making it a prime candidate for a variety of commercial uses. Currently utilized as a funeral facility, this turnkey opportunity is perfect for similar service providers or can be easily adapted for other commercial ventures. The property's B1-1 Neighborhood Shopping District zoning supports a wide range of retail and commercial activities, making it an ideal choice for real estate developers seeking to diversify their portfolio. Investors and government agencies will appreciate the property's redevelopment potential for community-enhancing projects. The City of Chicago offers significant incentives to buyers, including the Neighborhood Opportunity Fund, which finances commercial and cultural projects in neighborhoods that lack private investment, using revenue generated from downtown development. Additionally, this property qualifies for the City of Chicago's Small Business Improvement Fund (SBIF), promoting economic development by providing small businesses and property owners with reimbursement grants for permanent building improvement costs. Seize this unparalleled opportunity to invest in a property with both immediate operational benefits and long-term developmental prospects. DO NOT DISTURB STAFF.
GREAT INVESTMENT OPPORTUNITY! MIXED USE AUBURN GRESHAM GEM ON 79th STREET. BRICK BUILDING WITH 2 UNITS. 1st FlOOR CONSIST OF OPEN CONCEPT COMMERCIAL SPACE, WITH 2 SEPARATE OFFICE SPACES. 2nd FLOOR HAS HUGE APARTMENT WITH 2 BEDROOMS AND 2 BATHS, PLUS MASTER SUITE, AND PRIVATE ROOFTOP DECK. HUGE BASEMENT WITH TONS OF STORAGE SPACE. BUILDING NEEDS SOME WORK BUT HAS TONS OF POTENTIAL. GREAT FOR DAYCARE, RESTAURANT, OFFICE, CELL PHONE STORE, BAKERY, GROCERY SOTRE, INSURANCE/REAL ESTATE OFFICE ETC. GREAT EXPOSURE ON BUSY 79th STREET. CORRIDOR. 79th STREET IS THRIVING WITH PLENTY OF NEW CONSTRUCTION. LOCATED CONVENIENTLY NEAR PUBLIC TRANSPORTATION AND EXPRESSWAY. CASH OFFERS ONLY! SOLD AS-IS. NO SURVEY OR TAX PRORATION. SOME NOTICE NEEDED FOR SHOWINGS.
Exciting Investment Opportunity! Discover the potential of this impressive 3-story mixed-use commercial building in the heart of Chicago. Featuring 8 apartments (6- 2 Bedrooms & 2- 3 Bedrooms) and 3 storefronts, this all brick property is a diamond in the rough, waiting for the right investor to unlock its full value. Despite needing some TLC, this property guarantees substantial returns with the right management. Imagine the possibilities of transforming this space into a thriving hub, located conveniently across from the Chicago Police Department. The long-time owner has cleared the property, paving the way for a seamless remodeling process. This is your chance to start or add to your real estate portfolio.
Excellent opportunity for an investor looking to start a business or rent out office space.
9.9% Cap Rate. $98,928 Annual Gross Income. Individual Furnaces. Property is a ten (10) unit, walk-up apartment building located in the Park Manor neighborhood of Chicago. The property is located less than one block away from the I-94 Express, which provides tenants a quick and easy access for transportation. With a unit mix, eight 1bd/1ba units and two 0Bd/1Ba studios await your investment plans. All of the units are equipped with hardwood flooring throughout and each contain individual heat and gas. Property is being sold As-Is.
IDEAL BUSINESS OPPORTUNITY FOR INVESTORS OR BUSINESS OWNER IN AUBURN GRESHAM. THE PROPERTY IS LOCATED ON BUSY ASHLAND AVE WITH PLENTY OF DAILY TRAFFIC. THIS COMMERCIAL PROPERTY ON A 29,000 SQUARE FOOT LOT HAS THREE BUSINESSES THAT ARE FULLY LEASED. SET UP AS A TURNKEY INVESTMENT BUT CAN BE PERFECT FOR AN OWNER OPERATOR. THE BUSINESSES ARE THE ESTABLISHED MECHANIC SHOP/AUTOMOTIVE CENTER, HAIR SALON, FAST FOOD RESTAURANT. THE MECHANIC SHOP FEATURES 5 MECHANIC BAYS, AN OFFICE, EMPLOYEE ROOM,STORAGE BACKROOM, AND A BATHROOM. THE SALON HAS A CUSTOMER WAITING AREA, A LOUNGE AREA WITH WASH STATION AND (4) PRIVATE ROOMS THAT HOLD (2) STATIONS EACH AND A BATHROOM. THE RESTAURANT IS SET UP AS TAKE OUT , TO GO FOOD RESTAURANT WITH COUNTER TOP SPACE FOR MINIMAL DINING. BIG KITCHEN HAS REAR STORAGE, WALK IN FREEZER, MANAGER OFFICE AND COOKING STATION FOR 3 PEOPLE, ALONG WITH SPACIOUS CUSTOMER SERVICE COUNTER. THIS COMMERCIAL PROPERTY OFFERS AN EXCEPTIONAL OPPORTUNITY FOR BUSINESS OWNERS AND INVESTORS. THIS MIXED USE COMMERCIAL SPACE IS IDEAL FOR A VARIETY OF BUSINESS VENTURES. EXTERIOR OF THE BUILDING HAS PLENTY OF PARKING FOR OVER 20 CARS. ENOUGH SPACE FOR CLIENTS. THE PROPERTY ALSO HAS A SECURITY GATE. PROPERTY PREVIOUSLY HAD A CARWASH AND CAN ALWAYS BE REPURPOSED. NEW 25K MARQUEE SIGN WITH LIGHTS. ALSO NEW BLACK TOP.
FANTASTIC OPPORTUNITY ON A EXCELLENT LOCATED STRIP MALL 5,500 TOTAL SQFT **NEAR MAJOR MALLS AND EXPRESSWAY CORNER OF 93RD AND HALSTED***LONG TERM TENANTS OCCUPIED PAY ALL UTILITIES**TOTAL INCOME YRLY $75,600 COULD BE MUCH HIGHER***9304-9305 OCCUPIED BYA POPULAR RESTAURANT 2,000SQFT RENT $2,500 MONTHLY 10YR LEASE WITH 5YR OPTIONAL REMAINING**9301 OCCUPIED BY FLORAL SHOP $1,300 MONTHLY RENT MONTH TO MONTH READY TO SIGN 5YR LEASE***9307 OCCUPIED BY LONG TERM COMMUNITY GROCERY STORE 2,000SQFT RENT $2,500 MONTHLY RENT MONTH TO MONTH READY TO SIGN 5YR LEASE***MOTIVATED SELLER READY TO MAKE A DEAL***
GREAT INVESTMENT PROPERTY . NEWLY REMODELED .GOOD FOR CHAIROPRACTOR CENTER , THERAPY , MEDICAL CENTER , OFFICES , EVENT PLACE ,ETC
Seller financing available to qualified buyers with a substantial down-payment. High grossing liquor store with real estate in the Washington Heights neighborhood with Package Goods, Retail Food, & Tobacco licenses. Lot size: 165.26 Ft. wide X 111 Ft. deep. 2,600 SF single story building on 18,343.86 SF of land. 3 illuminated billboards on month-to-month leases with ample land available for the installation of rent paying cell tower providers. Parking for approximately 25 cars. The real estate is to be sold AS-IS. Proof of funds is required prior to scheduling a showing. Do not disturb the business and its employees
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