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.
Discover an exceptional commercial investment opportunity in the thriving Belmont Cragin neighborhood. 5814 W Grand Ave, Chicago, IL 60639, offers a versatile and open-concept 2,625 SF retail/commercial space with 13-foot ceilings, exposed brick walls, and modern industrial finishes that create a unique and stylish atmosphere for businesses. Zoned B3-1, this property provides flexibility for retail, office, studio, medical, service-oriented businesses, and even potential mixed-use redevelopment. Located on Grand Avenue, one of Chicago's major commercial corridors, this free-standing retail building enjoys exceptional street frontage and exposure to high foot and vehicle traffic. The 25-foot-wide frontage allows for a prominent business presence, making it ideal for a variety of users looking for branding and visibility. With floor-to-ceiling windows, natural light enhances the inviting interior space, making it ideal for retail and showroom concepts. Step inside to find an expansive open floor plan, offering endless layout possibilities. The high 13-foot ceilings, exposed ductwork, and exposed brick walls create a modern and inviting industrial aesthetic, perfect for businesses seeking a contemporary and stylish space. The newly installed HVAC system ensures comfort for customers and employees year-round. Belmont Cragin is undergoing major revitalization, with increasing commercial investments, new mixed-use developments, and expanding retail offerings. The area continues to attract small businesses, entrepreneurs, and national retailers, positioning it as a strategic location for investment. This location offers seamless connectivity via multiple CTA bus routes, including the Grand Ave (#65), Austin (#91), and Diversey (#76) lines, making it easily accessible to customers and employees. Additionally, the property is within a short commute to the Metra station and offers quick access to I-290 (Eisenhower Expressway) and I-94, making it highly accessible from Downtown Chicago, O'Hare Airport, and nearby suburbs. Ideal for retail shops, professional services, creative studios, medical offices, fitness centers, and more, B3-1 zoning allows for mixed-use potential, including the opportunity to build residential units above the existing structure. Surrounded by major retailers, restaurants, and growing residential developments, ensuring consistent foot traffic and customer engagement. Ample street parking provides convenience for visitors and tenants. This is a rare chance to own prime commercial real estate in an up-and-coming district at an incredibly competitive price. Whether you're an owner-user or investor, this property offers exceptional potential for long-term growth and appreciation. Schedule a private tour today and explore the possibilities.
SPECTACULAR OPPORTUNITY! RETAIL OFFICE COMMERCIAL CONDO ON HI-TRAFFIC BUSY LAWRENCE AVENUE, TERRIFIC BUSINESS LOCATION CONVENIENT TO PUBLIC TRANSPORT & CLOSE TO THE EXPRESSWAY! SUPERIOR BUILDING WITH LOTS OF CURB APPEAL. YOUR BUSINESS WILL LOOK GOOD HERE! AVAILABLE FOR PURCHASE OR RENT. DETACHED DEEDED 1 CAR GARAGE COMES WITH THE STORE. CALL NOW OR TEXT TO SEE IT!
SPECTACULAR OPPORTUNITY! RETAIL OFFICE COMMERCIAL CONDO ON HI-TRAFFIC BUSY LAWRENCE AVENUE, TERRIFIC BUSINESS LOCATION CONVENIENT TO PUBLIC TRANSPORT & CLOSE TO THE EXPRESSWAY! SUPERIOR BUILDING WITH LOTS OF CURB APPEAL. YOUR BUSINESS WILL LOOK GOOD HERE! AVAILABLE FOR PURCHASE OR RENT. DETACHED DEEDED 1 CAR GARAGE COMES WITH THE STORE. CALL NOW OR TEXT TO SEE IT!
Prime Corner Mixed-Use Investment Opportunity in Humboldt Park! Take advantage of this incredible value-add opportunity with this historic two-story brick building located on the high-traffic corner of Chicago Avenue and Hamlin. Built in 1881 and offering 3,200 sq. ft., this B3-2 zoned property is ideal for investors or owner-operators looking for a strategic location with ample street parking and strong visibility, estimated 19,000 VPD. The first floor is currently leased to "Chicago Best Burrito," a well-established and successful restaurant paying 1,350/month, with a lease in place until April 1, 2026, plus a two-year renewal option-providing immediate cash flow. The second floor features an expansive 4-bedroom, multi-bathroom apartment in need of rehab. With updates, this unit could generate an estimated rental income of 2,600/month, significantly increasing the property's overall revenue potential. At the rear of the property, you'll find a sturdy wooden porch, as well as green space enclosed by a well-maintained black iron fence, offering added security and privacy. While the building does require some repairs, including tuckpointing and a potential roof replacement, the long-term potential is enormous. With its high-visibility corner lot, strong rental upside, and a mix of residential and commercial space, this property presents an exceptional investment opportunity in a growing neighborhood. Schedule your showing today and explore the possibilities!
Discover a rare gem in the heart of Chicago! This mixed-use property boasts two impeccably maintained 2-bedroom condos, featuring hardwood flooring, wood panel cabinetry, and granite countertops. The highlight of this property is the fully renovated, professional office space available for immediate occupancy, complemented by an expansive garage providing unrivaled storage and parking for up to 6 vehicles - an ideal solution for businesses with substantial storage needs. In addition to the office space, the building offers individual bath and kitchen facilities designed to accommodate a variety of professional uses. Nestled in a highly sought-after Northwest Chicago location, this property guarantees unparalleled exposure and accessibility, making it the perfect spot for businesses and residents alike. Don't miss out on this extraordinary investment opportunity - call today to schedule a private tour and claim your place in this thriving community.
For Sale: Prime Commercial & Residential Property in Humboldt Park Exceptional investment opportunity! This mixed-use property offers a high-visibility commercial space (2,250 SF) in the front and a fully renovated 3-bedroom, 2-bath single-family attached home (1,650 SF) in the rear-ideal for an owner-occupant, rental income, or live/work setup. The commercial space is perfect for a retail store, office, or business venture. Property Highlights: * Prime Location on busy Division St., ensuring excellent visibility and foot traffic. * Spacious (2,250 SF) Commercial Space in front, and storage offering endless business possibilities. * Newly Renovated Home (1,650 SF)in the back with modern finishes. * 3 Bedrooms | 2 Full Bathrooms in the residential unit. * Gorgeous Remodeled Kitchen with all-new appliances with quartz counter tops and shaker style cabinetry * Open Concept Living & Dining, and Kitchen Areas with stylish updates. * Warehouse/Storage Space for added functionality. * Everything is New! Move-in ready with fresh updates throughout. Whether you're an investor, entrepreneur, or looking for a live/workspace, this property offers exceptional potential in a thriving neighborhood. Great location! Humbolt Park - CHICAGO neighborhood, steps away from parks, schools, shopping, and public transportation. The neighborhood's growth and revitalization make this an even more compelling investment opportunity. Don't miss out on this mix-use, income-generating property-schedule your showing today and secure your place in one of Chicago's most exciting neighborhoods!
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 8 unit building 2 blocks from Loyola and half a block from the Lake. First floor is the original 4 bedroom layout. 3 bedroom garden apartment plus six other units on 2nd and 3rd floors created in 1954-55 complete the living spaces. All units have been recently updated tastefully. The building is heated with a hot water system also recently updated. A cute backyard and four car garage round out this unique offering. Contact listing agent for rent roll and expenses.
Looking for a great investment? Look no further! This mixed-use building features a commercial space on the main floor and a 3-bed, 1-bath apartment above. The apartment can be accessed from both the front and back. The main floor was previously a laundromat. There's a small backyard with access to the alley, and the water tank was replaced just 3 years ago. Great location with plenty of foot traffic. Don't miss out on this opportunity!
This versatile storefront/office space in the heart of Bridgeport offers exceptional visibility and limitless potential. Ideal for a professional office, salon, boutique, or small business. It is also well-suited for generating rental income. Situated in a high-traffic area, the property benefits from strong foot traffic and excellent accessibility. The space features 3 divided offices to suit your business needs. Whether you're looking to establish a new venture or expand an existing one, this location provides the perfect setting. The seller is highly motivated and will consider all reasonable offers.
Attention Rehabers, Investors and developers, this mixed used commercial building is a great opportunity, offers 4 storefronts with high ceilings, 4 apartments (2 apts: 3bed/1bath- 2 apts: 1 bed/1bath), 4 car garage plus parking space for 8 cars, good location. Close to Pulaski Rd & Cicero, Malls, CTA pink line within walking distance. All new windows and some electrical piping done as well as some duct work. Bring your ideas.
Completely renovated condo quality 12 unit apartment building in the Irving Park Neighberhood. Individually controlled HVAC systems, attractive floor plans, ready to sell as condos or maintain as rentals. The basement area is partially ready for revenue generating activity. One block to busy Irving Park Road; close to Kennedy Expwy and CTA Blue Line. High demand for apartments in the area makes the units easy to rent. Residential neighborhood, close proximity to shopping and schools.
Spectacular investment opportunity awaits its new owner. Property features a storefront on the main level and 3 spacious apartments upstairs with security entrance. Two 1-bedroom/ 1 bath and a 2 bedroom/1 bath. The storefront and two of the apartments are occupied by long-term tenants and the other apartment is owner-occupied. Store and all three apartments have their own furnace and electric meter, and the tenants are responsible for their gas and electricity. The 2-car garage with a loft has been converted into storage. Spacious 4-car covered carport. Some updates include flooring, painting, and light fixtures. This well cared for property is being sold as is. Don't miss out on this great opportunity. Schedule your showing today!
Prime Investment Opportunity! Explore these two adjacent buildings in a bustling, high-traffic area. This property includes a 5,000 sq. ft. commercial storefront and an additional 3,000 sq. ft. of versatile mixed-use space. Strategically positioned across from a gas station, CVS Pharmacy, a bank, and a major intersection, it offers exceptional visibility and foot traffic. Located in a rapidly growing neighborhood with strong anchor tenants, this is a fantastic income-generating asset. Sold as-is.
The subject property is located at 6122 North Clark Street, Chicago, IL 60660 (the "Property"). This is a unique industrial/manufacturing building - currently owned and operated by Chicago Soccer (CFA) Academy. It is described as a flex industrial/manufacturing brick building with redevelopment potential. The building is one story with a gross leasable area of approximately 27,146.00 square feet and sits on a site of approximately 36,590.00 square feet. The property is zoned B3-2 and features a master kitchen and two bars, 800a/ heavy power, a 15-foot ceiling, a rubber/flat roof, and external 15 parking spaces. Positioned along the west side of Clark Street, the Property has access to multiple forms of public transportation and arterial roads offering easy access to downtown Chicago, and the North Shore suburbs. The combination of excellent demographics, a strong local workforce, and a highly accessible location combine to form an exceptional acquisition opportunity to acquire a standalone industrial building in the Edgewater neighborhood. We believe that this is an exceptional investment opportunity that shouldn't be missed.
Prime investment opportunity at 11844-11856 S Western Ave, Chicago, IL! This 6-unit commercial property is situated in a high-visibility location with strong foot traffic. Anchored by established tenants including Total Wireless, OneMain Financial, Sisters Hair Salon, and DAN Beyond Healing Counseling Center, with one available unit offering additional income potential. Ideal for investors or owner-operators looking for a stable asset in a thriving business corridor. Don't miss this chance to own a versatile retail property in a sought-after area!
Duplex down office condominium in Uptown neighborhood of Chicago. Great quiet location for many business types. 1200 square feet with private entry, high ceilings, custom lighting and AC. Meticulously designed to blend functionality with contemporary style. The property has a generously sized conference room on the 1st level, abundant storage space, full bath and kitchenette. The lower level is a nicely finished open office area. Near the Wilson Red, Purple line and vibrant Uptown entertainment district ideal for any service-based businesses, health and wellness practices, daycare, marketing and media firms, or a good fit for a recording studio due to the lower level. Well-managed condo association, nominal monthly dues, and substantial building reserves. Easy street parking. The unit is zoned 3B, and is currently suitable for artist work/sales, service-based businesses and all retail except food and beverage. A special use designation can be pursued with the City's zoning office for live/work use.
Prime 10-unit investment opportunity in the heart of Hyde Park! This three-story building is just blocks from the University of Chicago, offering strong rental demand in a highly desirable location. With spacious units and proximity to public transportation, parks, and local amenities, this property is ideal for investors looking to expand their portfolio in a thriving community. Don't miss out on this exceptional income-generating asset!
This 5,900 sq. ft. commercial space combines functionality and convenience, making it ideal for a variety of business operations. Located in Chicago's North Lawndale neighborhood on the West Side, this high-demand area offers easy access to I-55, I-290, and is just three blocks from the CTA Pink Line Kostner stop. Spacious warehouse sections, built with masonry and wood, finished with a flat rubber membrane roof. Two overhead drive-in doors with 14' ceilings make it easy to move goods in and out. Equipped with storage racks to streamline your operations. Includes a professional reception area, 3 on-site bathrooms, and a fully fenced boundary for added security. A large, fenced concrete lot with 14 spaces, perfect for operational vehicles or customer access. Current zoning is C1-2 Neighborhood Commercial District, allowing for uses such as automotive, warehouse/distribution, or other flexible business operations. Set on a 12,000 sq. ft. lot with 4 PIN numbers, this property offers ample room to grow your business. The vibrant North Lawndale area is a sought-after location for entrepreneurs looking to combine warehouse, office, and customer-facing spaces in one seamless location. Schedule a showing today to see how this space could work for your business needs. Motivated seller; property sold "as is." Don't miss this unique opportunity to take your business to the next level.
2 FLAT MIXED USE BRICK BUILDING WITH OFFICE/RETAIL & 2ND FLOOR RESIDENTIAL SPACE /RENTAL UNIT. GREAT OPPORTUNITY TO START WITH A RETAIL STORE WITH LOTS OF TRAFFIC EXPOSURE. IT COULD BE THE FOLLOWING , INSURANCE, ACCOUNTING SERVICES, HAIR SALON, CELLPHONE SHOP, PASTRY SHOP, OR ZUMBA CLASSES. 2 REMODELED RESTROOMS.(ONE FOR WOMEN & ONE FOR MEN). THE SPECIAL BACKROOM COULD BE ORIENTATION MEETING ROOM, OR LUNCHEON ROOM FOR EMPLOYEES. PATIO DOORS LEADING TO THE BEAUTIFUL PICTURE/PERFECT BACKYARD TO GRILL & ENJOY. SOME GRASS, BIG ROCK DESIGNS & SMALLER PEBBLES. A SPECIAL SPACE WITH PRIVACY WOOD FENCE ALL AROUND. YOUR BUSINESS ON THE FIRST FLOOR WITH THE ADVANTAGE OF HAVING YOUR OWN HAVEN ON THE SECOND FLOOR TO RELAX. 2ND FLOOR UNIT FEATURES:REMODELED APARTMENT WITH HARDWOOD FLOORS , OPEN FLOOR PLAN, BRIGHT RECESSED LIGHTING THROUGH-OUT ENTIRE APARTMENT. SPACIOUS LIVING ROOM,DINING ROOM WITH WALL UNIT FOR BOOKS OR DECOR. UPDATED KITCHEN, LOTS OF WHITE CABINETRY WITH GRANITE COUNTER TOPS.MASTER BEDROOM WITH DOUBLE CLOSETS ON BOTH SIDES.ONE ON THE LEFT & ONE ON THE RIGHT & CEILING FAN. CERAMIC TILE BATHROOM. 2ND BEDROOM WITH FRENCH DOORS. LAUNDRY ROOM. GREAT PRIVATE WOOD DECK TO SIT & ENJOY READING WHILE VIEWIING THE BACKYARD FROM THE SECOND FLOOR . ALL WINDOWS WERE REPLACED,VINYL SIDING. LOTS OF GREAT WORK. CENTRAL AIR THROUGH OUT. 2 FURNACES & 2 CENTRAL AIR COMPRESSORS. 2 CAR GARAGE. MUST SEE TO APPRECIATE THIS BEAUTY. OWNER LIVING ON THE SECOND FLOOR. GREAT RENTAL PROPERTY IF DESIRED. WALKING DISTANCE TO TRANSPORTATION, RESTAURANTS, & STORES NEARBY.
Pleased to present the opportunity to purchase 1303 W Chicago Ave, Chicago, IL-a mixed-use investment in the heart of West Town, Chicago. Located on Chicago Ave, directly across from Eckhart Park and Field House, and just steps from the Chicago Blue Line stop and Milwaukee Ave, this property offers high visibility and strong rental potential. Commercial Space Features: 1,100 SF open retail space with 11-foot clearance ceilings, white tin ceilings, and original wooden floors, creating a unique and character-rich setting. Previously used as a photographer's studio, the space includes a dark room for film development. Zoned B1-2, it accommodates a variety of business types, including art galleries & studios, boutique retail & showrooms, cafes, specialty coffee or juice bars, creative offices & design studios, wellness & beauty services, tattoo & piercing studios, photography & content creation studios, and specialty retail. The average lease rate for similar commercial spaces in the area is 29.00 dollars per square foot (PSF), with lease types such as MG or NNN, providing flexibility for ownership. In this sought-after area, leases typically start at a five-year minimum term, ensuring stability and long-term rental income. Second-Floor Residential Unit: A spacious two-bedroom, one-bathroom apartment overlooking Chicago Ave, featuring a full HVAC system (forced hot and cold air), original wooden floors, an ample-sized kitchen, and separate living and dining rooms. The layout is designed to maximize openness, allowing natural light and movement to flow seamlessly throughout. A private wooden deck and large backyard provide an inviting space for relaxation or entertaining. Residential rental rates in West Town for similar two-bedroom units typically range between two dollars+ to three dollars+ per square foot, depending on unit size, location, and amenities. Neighborhood Highlights: This rapidly growing area is experiencing significant development, with new projects enhancing the long-term appreciation potential and increasing demand for commercial and residential spaces. The property is steps from popular restaurants, cafes, and local shops, fostering a dynamic atmosphere. Excellent transit access includes the 66 Chicago Avenue CTA bus stopping at the door and the Chicago Blue Line station just two blocks away, with easy access to I-90/I-94 for added convenience. The thriving West Loop, known for its innovation, dining, nightlife, and commercial developments, is within walking distance. Additionally, the property is directly across from Eckhart Park and Field House, offering green space and community amenities. With strong rental potential, high visibility, and a prime location, this property presents a rare opportunity for investors, business owners, and those seeking a dynamic live/work space in one of Chicago's fastest-growing neighborhoods. Don't miss your chance to own this exceptional mixed-use building in the heart of West Town. Note: Rental rates are based on current market listings as of March 1, 2025, and may vary based on specific unit features and market conditions.
Location! Location! Location! In Great North Center / Lincoln Square. Great opportunity to be your own boss. Gorgeous 3 units mix used brick building, first floor features 1 storefront currently used as a church and 2nd floor 2 apartments, front apartment duplex up 4 bedrooms & 2 bathrooms, rear apartment 2 bedrooms & one bath, separate living room and dining room. The entire building was completely remodeled 10 years ago, including the front facade. Great location for your dream business, insurance office, real estate office, mortgage company, ETC. Minutes from the brown line station, supermarkets, restaurants, retail, parks and all that North Center / Lincoln Square has to offer. Too many enhancements to list. Must see to appreciate!
Prime Mixed-Use Investment Opportunity! Don't miss this versatile, income-producing 3-unit mixed-use building in the heart of North Lawndale-fully vacant and ready for its next owner! The expansive ground-floor commercial space offers over 2,500 sq. ft. of open space, perfect for retail, office, or business use. With two bathrooms and original separate entrances, the space was previously configured as two storefronts, providing flexibility for multiple tenants or a single large business. Above the commercial space, the second floor features two newly renovated residential units, each with 2 bedrooms, 1 bathroom, and private entrances for added privacy. Both units have been updated with new electrical, HVAC, flooring, and appliances, making them move-in ready for tenants. Additionally, the property includes an unfinished open basement, ideal for extra storage. A parking pad in the rear provides convenient off-street parking, and the property sits directly in front of public transportation, ensuring easy access for commuters and excellent visibility for businesses. With low property taxes, this is an exceptional opportunity for investors looking to maximize cash flow or an owner-occupant seeking a live/work space. Schedule your showing today!
Strong investment property with 6 large size units in highly desirable Portage Park location. Fully rented building that consists of 5 units with two bedroom & one bath, and 1 unit with one bedroom and one bath. All brick construction, recently tuckpointed, pitched style roof, newer cement parking and sidewalks. All units have great lay-outs and new kitchens and bathrooms hardwood floors sanded. Parking spaces for 4 cars or 8 tandem spots. Pride of ownership and excellent investment opportunity with great income.
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