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.
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Beautifully remodeled mix-use property. Commercial space and tenants each are on a 1 year lease expiring between Nov 2025 and Jan 2026. Central air was added to the units which is rare for apartments in the neighboring apartments. Property is located 2 blocks from the coming soon Roseland Medical district with hospital expansion CTA recline extensions.
The Avondale/Irving Park neighborhood district heavy business traveled and developed corridor at Milwaukee Ave./Belmont Ave., 2-Story mixed-use building approximate gross total building Sq. ft. 18,000. featuring 5-Street level commercial stores with great exposure, leased for a long time, 5-Large residential units on the 2nd level can be converted to more dwelling units. 2nd level residential breakdown units are 2-Units are 5-br, 2-baths.1-unit 2-brs 1-bath.1-unit 1-br/1-bath., and 1-studio unit. Individual utilities and furnaces. Great location within reach to Logon square, Ukrainian and Roscoe village. North Center, Irving Park neighborhoods, public transportation, and expressways. Heavy traveled and traffic mixed USE district combining business, shops, and professional dense corridor. Well populated neighborhood. Parking available through "Parkway" at the building boundary along with metered street parking. Walking distance to all convenient retailers, shops, entertainments, and public transportation. Short distance to major roads, and downtown. Easy access to Kennedy expressway, O'Hare Airport and all other major roads and interstates.
Available For Sale Or Lease ($4500/Mo). Excellent opportunity to give your business exposure on Pulaski Road with great traffic counts! Commercial space is nearly 2000sqft with 2 baths, private office, and access to backyard. Most demolition has already been completed. Full unfinished basement for additional storage. 2nd floor is a 3 bed 2 bath apartment ready for your finishing touches. Apartment features a modern layout with an open kitchen with ample room for an island. Large backyard with 2 car garage. Recent upgrades include: 1) Load bearing, clear span beam added to properly distribute the load on the 2nd floor apartment. A new footing was cut into the basement floor, post added to carry the load to the footing, and new floor joists were 'sistered' to the existing ones. 2) Electrical was separated to provide the commercial space and residential space separate services. 3) New garage roof. 4) Separate entryway added to the rear of the building (inside rear common area) to provide private entrances to the residential and commercial spaces. 5) Most demo work has already been done. Great location within close proximity to Pulaski Orange Line, Target, Pete's Fresh Market, I-55, and Midway Airport. Zoned B3-1. Recent Fall 2023 upgrades include: (1) Demolish and replace subfloor in two locations of existing damage: (1A) on first floor where previous bar was located, and (1B) on first floor in the back hallway. (2) Restructure rear wall, including new lumber, reframing for new windows and insulation. (3) Replace roof, facia and gutters. (4) Repair damaged floor joists in rear commercial space where existing joists have been compromised by plumbing cut outs. (5) Replace siding on rear of building and garage. Replace improperly installed gutters and downspouts. (6) Replace 4 windows, repair broken glass block, and replace 4 louvered glass vents on rear wall. (7) Replace 2 exterior doors, thresholds and door frames. (8) Repair and reside garage. Also available for lease for $4,500 a month for the entire building.
37.5'x148' Lot, Zoned B3-3, TOD, There are 2 Commercial spaces, 4 Studio apartments recently renovated and ready to rent and 4 more units(2- studios and 2- 1bedrooms) that are being gutted and converted to 2- 2bedroom apartments. Bldg Survey and Drawings available for the 2 bedroom renovations under "Additional Info" tab. The entire property is vacant.There is also an additional structure on the back half of the property that was previously rented as a 4 bed 2 bath duplex coach house but is currently not viable/legal to rent. The property has great potential given the location, size and zoning. There is a new 5 story, 46 unit project by Mavrek Development scheduled to break ground in May 2025 located just steps away at 925 W. Belmont.
This is the kind of opportunity serious investors wait for. 4501 W Maypole Ave is a 13-unit multifamily building that underwent a top-to-bottom renovation in 2023-everything from mechanicals to interiors was rebuilt or replaced, transforming this asset into a modern, low-maintenance cash-flow generator. The building combines the durability of solid construction with the appeal of contemporary finishes, positioning it perfectly for long-term appreciation and tenant satisfaction. With six spacious 2-bedroom units and seven efficient 1-bedrooms, the property delivers steady occupancy and broad market appeal. The recent rehab ensures reduced maintenance expenses, stable operations, and strong rent potential from day one. Located in a fast-developing corridor of Chicago, surrounded by public transit, amenities, and community investment, this building checks every box for investors seeking performance and peace of mind. Whether you're scaling your portfolio or securing a long-term, stabilized asset, this one stands out. Turnkey. Fully rehabbed. High demand.
37.5'x148' Lot, Zoned B3-3, TOD, There are 2 Commercial spaces, 4 Studio apartments recently renovated and ready to rent and 4 more units(2- studios and 2- 1bedrooms) that are being gutted and converted to 2- 2bedroom apartments. Bldg Survey and Drawings available for the 2 bedroom renovations under "Additional Info" tab. The entire property is vacant.There is also an additional structure on the back half of the property that was previously rented as a 4 bed 2 bath duplex coach house but is currently not viable/legal to rent. The property has great potential given the location, size and zoning. There is a new 5 story, 46 unit project by Mavrek Development scheduled to break ground in May 2025 located just steps away at 925 W. Belmont.
1333-1343 W. Devon An Exceptional Value Add Opportunity 6 storefronts with Optimal Corner Space 1,200sf available for an Owner/User. Walking distance to Loyola. Potential NOI of 142K Shorter term leases 6,020sf Land (120.4' Frontage x 50') B3-2 FAR avail. Well maintained building among Edgewater's booming new redevelopment.
NEW CONSTRUCTION FIRST FLOOR COMMERCIAL/RETAIL STOREFRONT IN THE LINCOLN AVE CORRIDOR (LAKEVIEW). THIS COMMERCIAL CONDO IS APPROX 800 SF WITH AN OPEN LAYOUT, 12' CEILING HEIGHT AND FLOOR TO CEILING WINDOWS. WILL BE DELIVERED AS A VANILLA BOX WITH WORKING BATH. HIGH TRAFFIC AREA WITH EXCELLENT STREET PARKING. LUXURY RESIDENTIAL CONDOS ABOVE THE UNIT.
7,056 SF 5-Unit Retail Center with parking along W 79th Street. The building's exterior features a gated parking lot with 10 spaces, with the ability to add more. The property's interior features an open floor plan, allowing units to be conjoined depending on the usage
This mixed-use building includes 5 units in total, with two retail spaces on the bottom floor and 3 residential units on the upper floor. The two retail units can be separated, but have been occupied by a single bakery tenant since 1986. The property is zoned B1-1, and the retail units feature black iron, a partial basement, ample storage space, and high foot traffic that bodes well for a thriving retail business. The property includes 3 residential units above the retail space, all of which are 2-bedroom 1-bath units. In the rear of the property, there are a total of 3 parking spaces, consisting of 1 garage spot and two pad parking spaces. With all leases being month-to-month and below market rate, this presents an excellent opportunity for any value-add investor or owner/user to add a cash-flowing property to their portfolio.
Spacious ground-floor commercial condo located in vibrant North Center. Lots of new construction in an established community that continues to grow with many new businesses, and the need for many more. The B3-2 zoning allows for a wide variety of retail and office uses. It currently has a main open area, one office, a full kitchen, restroom, mechanical room and storage. Freshly painted and ready for your new business. Owner is open to contributing toward the potential for getting it approved for a live/work space as well. Excellent average daily traffic count along Irving of 29,000 cars per day. Good foot traffic also with excellent demographics. There are some uses not allowed under the by-laws.
Spacious ground-floor commercial condo located in vibrant North Center. Lots of new construction in an established community that continues to grow with many new businesses, and the need for many more. The B3-2 zoning allows for a wide variety of retail and office uses. It currently has a main open area, one office, a full kitchen, restroom, mechanical room and storage. Freshly painted and ready for your new business. Owner is open to contributing toward the potential for getting it approved for a live/work space as well. Excellent average daily traffic count along Irving of 29,000 cars per day. Good foot traffic also with excellent demographics. There are some uses not allowed under the by-laws.
BEAUTIFUL 6 UNIT BUILDING WITH GREAT POTENTIAL TO ADD 2 GARDEN UNITS. THE GARDEN UNITS ARE ALREADY FRAMED AND WAITING FOR YOUR SPECIAL TOUCH! THIS BUILDING OFFERS AN INVITING FOYER WITH CERAMIC TILE FLOORS, INTERACTIVE ARTWORK AND GLASS SECURE DOORS. INTERCOM SYSTEM FOR GUESTS AND PACKAGE DELIVERY. STAINE STAIRS TAKE YOU TO EACH EXPANSIVE UNIT OFFERING LOADS OF SUNLIGHT THROUGH THE VERY LARGE DOUBLE HUNG VINYL WINDOWS, TO 3 LARGE BEDROOMS, 2 FULL BATHS AND DREAMY CLOSET SPACE. LARGE KITCHEN WITH WALK IN PANTRY (WOULD BE GREAT TO OFFER IN UNIT LAUNDRY). INDIVIDUAL HEAT AND HOT WATER FOR EACH UNIT. MIX OF TENANTS (MARKET & CHAC) ALL GREAT AND WANT TO STAY.
Incredible investment opportunity! This 8-unit property features six spacious residential apartments, each offering 4 bedrooms, 1 bath, and hardwood floors throughout. Two additional commercial units provide extra income potential. With a total proforma gross income of 14,784 per month, this property is a true cash flow generator. Large units, desirable layout, and prime income potential - a must-see for serious investors!
Position yourself for success with this solid 7-unit brick building, ideally located in Chicago's rapidly growing Greater Grand Crossing neighborhood - just minutes from the new Obama Presidential Library, Metra stations, shopping, and public transportation. This is the kind of high-potential investment opportunity that serious buyers move quickly on. The building consists of six spacious 1-bedroom, 1-bath units and one large 3-bedroom, 1-bath unit, offering an excellent rental mix to attract a variety of tenants. Major improvements have already been taken care of, including a brand-new roof in 2023, new front windows installed in 2020, and three new furnaces added the same year, giving you peace of mind and reducing future maintenance costs. Tenants are responsible for their own gas and electric, while the owner covers water, common gas, and lighting expenses. There is also a detached 2-car garage for added convenience, laundry facilities in the basement, and untapped potential to add an additional unit to further boost your income. Currently, three units are rented while four units are vacant, presenting the perfect scenario for both immediate cash flow and future rent growth after light improvements. Some updating has already been completed, allowing you to step in and tailor the property to maximize returns. This property is being sold as-is and offers a golden opportunity to secure a valuable income-producing asset in an area on the brink of major revitalization. With solid fundamentals, prime location, and endless upside, this is the kind of deal that smart investors recognize - and act on - fast. Don't let this opportunity pass you by. Schedule your showing today and start building your future wealth!
Exciting Investment Opportunity in Greater Grand Crossing! Welcome to 7459 S Champlain Ave, a versatile 4-unit building with a coach house-all on a spacious 2.9X oversized lot with one PIN. Located just six blocks from the iconic Lem's BBQ and the James Beard Award-winning Brown Sugar Bakery, this property is perfectly positioned in one of Chicago's up-and-coming neighborhoods. The main building features four residential units, plus a coach house located at 644 E 75th St-included in the sale under the same PIN. Currently, 4 of the 5 total units are occupied, with one tenant preparing to vacate, presenting a perfect opportunity to increase rental income with updated market-rate tenants. All units are equipped with stoves and refrigerators, and one of the vacant unit's bathrooms is currently being updated, offering immediate upside. The property also boasts clean common hallways and has been well-maintained. Also includes a big unfinished basement in the main building. Whether you're a seasoned investor or just starting your portfolio, this multi-unit gem with extra coach house potential is ideal for adding value and increasing cash flow. Don't miss your chance to invest in this appreciating area with built-in income and room for growth.
Offering three versatile office/retail storefronts, each approximately 1,000 square feet. Units can be combined if desired to accommodate larger space requirements. Currently configured as two office suites and one open, finished space. Each unit features separate utilities and individual entrances/exits. Recent improvements include a freshly paved parking lot (2023), all new furnaces installed (2023), and a re-sealed roof (2022). A private parking lot accommodating 10+ vehicles is located at the rear of the building. Owner is seeking to sell the property and lease back one of the units.
Currently used as a sandblasting facility. Owner interested in a leaseback option temporarily, option for seller financing. Additional PIN included 16113120010000
THIS IS YOU RETIREMENT PIECE! VERY LARGE LIGHT FILLED APARTMENTS OFFERING LARGE ROOMS, UPDATED AMENITIES AND FULLY OCCUPIED. SO MANY NEW THINGS: ELECTRICAL, PLUMBING, HEATING, ROOF, PORCH, WINDOWS, KITCHENS, BATHS. ALL THIS AND A BEAUTIFUL COMMON HALL. P O S I T I V E INCOME!! SCHEDULE YOUR VIEWING TODAY.
Unique property with a total of 13 residential apartments, previous church and a storefront property previously used as a beauty salon. Property located in the middle of a proposed revitalization project through the city of Chicago. The proposed plan is said to convert the area into shops and restaurants. Some of the residential units are in need of many repairs from fire damage, but a great opportunity to own this massive building in an up and coming area. Property has three addresses but one pin. (935 E. 75th, 937 E. 75th & 7507-09 Ingleside). Sold AS IS
Exceptional investment opportunity in a high-visibility location! This 6,250 sq ft dual-tenant commercial building at 4235 S Archer Ave is strategically situated on Archer Avenue, boasting a high traffic count of 25,200 vehicles per day, ensuring maximum exposure for your business or tenants. The property features two units: a well-appointed hair salon with a spacious basement offering 7 office spaces, a kitchen with High End Viking appliances, a full bath, a half bath, and a 1-car garage. Unit two has a large open space floorpan with a substantial basement and an office. Significant updates include three new 2024 furnaces and 2022 water heaters. Zoned C1-3 by the City of Chicago, this property offers outstanding flexibility for a wide array of commercial uses allowing for diverse income streams or business operations. Don't miss this chance to capitalize on a prime commercial property with strong income potential and future development possibilities. Selling As-Is.
The address is 3256 & 3258 N. Elston Ave, Chicago, Illinois 60618. These addresses are in accordance with Cook County records. There are two city lots and two PINs. The plat of survey is available. The building is sold "AS IS." The property was utilized as a restaurant for 35 years with a commercial kitchen. The kitchen equipment, to include two commercial ranges and stoves, grill, freezer and refrigerator and commercial hood and exhaust system, will be included in the sale. The commercial pots and pans, meat grinder and other miscellaneous kitchen equipment will also be included. The chairs and tables, the bar and commercial sinks will be included. The commercial cooler behind the bar is included. The property is owner occupied and the financials are projections.
Exceptional Investment or Owner-Occupant Opportunity This brick two-story mixed-use property offers tremendous potential for both investors and owner-occupants alike. The building features a spacious 3,000 sq. ft. of living and commercial space, including a 2-car garage. The second-floor apartment boasts three generously sized bedrooms (with a tandem 3rd bedroom), one bathroom, and in-unit laundry. The unit is finished with laminate flooring throughout and is currently tenant-occupied on a month-to-month basis. The ground floor presents a vacant, well-kept commercial storefront with two restrooms, providing excellent flexibility for a variety of businesses. The full, clean basement offers additional storage and operational space. The property benefits from low property taxes and is ideally located on a high-traffic street, just a short walk to public transportation and only minutes from I-290, ensuring maximum visibility and convenience. Property sold as-is. Don't miss out on this unique opportunity to capitalize on a prime location with solid income potential!
Come and see this beautiful 26,000sq ft property with so many possibilities. First floor alone can hold between 950 and 1200 people, think about opportunities such as Event Center, Commercial size Art Gallery, Church, Offices, Childcare or Adult-care, after-school programs, second-chances programs or a School. The 2nd and 3rd floor consists of 16 huge classrooms about 30x30 sq ft. There a Commercial size Kitchen on the 2nd floor which is about 40x40 st ft. There is another huge hall on the 2nd floor. Must see.
PRIME INVESTMENT OPPORTUNITY LOCATED IN THE HIGHLY DESIRABLE NORTHWEST SIDE OF CHICAGO ACROSS FROM HAUGAN PUBLIC SCHOOL, THIS WELL-MAINTAINED CORNER YELLOW BRICK BUILDING FEATURES TWELVE (12) SPACIOUS UNITS CONSISTING OF THREE (3) 2BD/1BA AND NINE (9) 1BD/1BA APARTMENTS. THIS PROPERTY OFFERS AN ARRAY OF AMENITIES, INCLUDING OVERSIZED RESIDENT STORAGE UNITS, AN ON-SITE LAUNDRY FACILITY WITH TWO (2) COMMERCIAL COIN-OPERATED GAS DRYERS + TWO (2) COMMERCIAL COIN-OPERATED WASHING MACHINES, A BACK COURTYARD AND A 1-CAR DETACHED GARAGE. THE BUILDING IS EQUIPPED WITH OWNER PROVIDED GAS STEAM BOILER HEAT AND HOT WATER WHILE RESIDENTS ARE RESPONSIBLE FOR THIER COOKING GAS AND ELECTRIC UTILITIES. THIS RARE OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW AND LONG-TERM GROWTH IN ONE OF CHICAGO'S ESTABLISHED RESIDENTIAL AREAS. PROPERTY HIGHLIGHTS: - OVERSIZED RESIDENT STORAGE UNITS - BUILDING OWNED LAUNDRY FACILITY - (1) CAR DETACHED PARKING GARAGE - GATED BACK COURTYARD
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