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.
This is an armchair investment. 12 unit building fully rented and a great income producer. The only 12 unit building on the market in this up and coming area. New construction and conversions all around. 11 apartments and 1 store front. All separate utilities. Wonat last long at this price.
Welcome to 1435 W Lexington St, an oversized 6 unit all brick building in the heart of Little Italy! RARELY available, this meticulously maintained building has undergone significant updates including complete tuckpointing, updated plumbing / electrical, new windows with aluminum wrap on the front, newer central heating systems / furnaces, updated kitchens and bathrooms, re-faced chimneys, caulked / seal-coated roof, and paint throughout just to highlight a short list! The common areas are in impeccable condition, with the patio and balconies recently brushed down to the base concrete / wood and repainted. Each updated unit exudes charm, featuring hardwood floors, abundant natural light from numerous windows, soaring 9-foot ceilings, crown molding, spacious kitchens, AC units, ceiling fans, and storage. Rear residents can enjoy their own balconies with sitting area and the whole building has the convenience of an on-site full laundry room, with ample street parking available, and the potential for the future owner to build out a rooftop deck with downtown skyline views. Situated on a picturesque, tree-lined street with MILLION dollar homes, this prime location is within walking distance Taylor St, Rush Medical, UIC, an array of restaurants / bars that Little Italy offers, and the beautiful Arrigo Park. Just moments away from the Blue / Pink Lines, CTA Bus, 290, 90/94, The Loop, and everything else the city offers! Don't miss out on this incredible investment opportunity that offers a great return, it will not last! Make it yours today!
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!
Taty Management, LLC is pleased to present the exclusive opportunity to acquire to 9000-9004 S Dauphine, a multi-family building comprised of 12 renovated 2 BD/1 BA units ideally located in South Shore Chicago. This well maintained property managed by Taty Management, LLC has hardwood floors, granite countertops, and full-size appliances. All of the 12 units offers specious layouts with radiators for heating
This rare property offers incredible potential and is perfectly situated in one of the most sought-after locations. Spanning 20,000 square feet, this mixed-use site consists of two buildings, providing versatility and countless possibilities for development, owner-occupied or investment under C1-3 zoning. The main building features three fully built-out commercial spaces, currently occupied by established tenants, including Frame Factor, Simes Studio, and Barks N'Rec. The second building, a charming two-story frame structure, is home to a premier and long-standing dog adoption organization, One Tail at A Time. Located on the Wood Street side of the property, this portion includes a double lot, further enhancing its appeal. Additional highlights include ample on-site parking, making it convenient for tenants and customers alike. This property's flexible zoning allows for a variety of uses, including residential, retail, or office space. DOES NOT INCLUDED BILLBOARD.
Great Masonry Commercial Mixed Use Building on Belmont, Comprised of a fully built out medical suite main and lower level, 2625 Sq Ft main floor and additional 300 sq ft in the lower level Reception Desk, Large waiting room, and multiple medical treatment rooms. Very Bright Window Line, 2 residential 3 bed 1 bath units on level 2 and 3, Completely redone. 1500 SQ FT each, Redone Kitchens and Large Bedrooms, This building was completely renovated in 2013 OutStanding Visibility, 50 ft of frontage on Belmont, Building is 5510 SQ FT, Land is 3125 SQ FT Lot Size 25X125 Zoning is R-2 , 16,600 (VPD) Pass this Location Daily, Parking for 2 cars, Just East of the Busy intersection of Central and Belmont, Excellent use for Medical, Dental, Podiatrist, Law Office, Insurance, Accounting Real estate, Appraisal, Or some other Professional use, Retail, Use for your Business and collect rental income from the upstairs units. Area retailers include, Dos De Oro Clothing, Avenida Peru Restaurant, Central Gyros Chicago By Night, Cricket Wireless, T Mobile, Samantha's, Lutnia's Do not bother tenant, Call Listing broker for showings
This rare property offers incredible potential and is perfectly situated in one of the most sought-after locations. Spanning 20,000 square feet, this mixed-use site consists of two buildings, providing versatility and countless possibilities for development, owner-occupied or investment under C1-3 zoning. The main building features three fully built-out commercial spaces, currently occupied by established tenants, including Frame Factor, Simes Studio, and Barks N'Rec. The second building, a charming two-story frame structure, is home to a premier and long-standing dog adoption organization, One Tail at A Time. Located on the Wood Street side of the property, this portion includes a double lot, further enhancing its appeal. Additional highlights include ample on-site parking, making it convenient for tenants and customers alike. This property's flexible zoning allows for a variety of uses, including residential, retail, or office space. DOES NOT INCLUDED BILLBOARD.
Beautiful 13 unit brick building featuring long term tenants. Fantastic armchair investment, or a great first building to purchase. Solid building through and through. Income & Expense sheet in documents section.
Amazing clean building for investors. 13, 2 bed 1 bath apartments. With separate living and dining rooms. Can easily convert units to 3 bedrooms. Building features 3 2 car detached garage in back. Storage for units, laundry in building. Newer boiler, windows, roof, porches, and water heater. A must see, turn-key armchair investment. Plenty of room for increased rents. Income & Expense sheet in documents section.
Stunning Greystone Investment Opportunity - North Lawndale Unlock the potential of this classic greystone in the heart of North Lawndale! This six-unit building is a blank canvas ready for transformation. With three 3-bed, 1-bath units and three 2-bed, 1-bath units, this property offers incredible value for investors looking to renovate and maximize returns. Full Gut Rehab Needed - Endless Possibilities Spacious Layouts - Perfect for Modern Upgrades High Rental Demand - Strong ROI Potential Historic Character - Timeless Curb Appeal Once restored, this high-income-producing property will stand as a premier rental or resale opportunity in a rapidly developing area. Don't miss your chance to bring this gem back to life! SOLD AS-IS
Modern and versatile first-floor condo in the heart of Ukrainian Village. This 1,500-square-foot space offers a clean, modern aesthetic and a range of approved uses, including cafe, retail, or office space. Currently built out as an office, the space features partial walls that create functional work areas while maintaining an open and airy feel. Additional features include an ADA-compliant bathroom, a utility closet with a mop sink and water connection, and a convenient kitchenette. Located in the vibrant neighborhood, you'll enjoy close proximity to shops, restaurants, and plenty of foot traffic-making this an excellent opportunity for your business to thrive. Discover the potential of this adaptable space today!
This Beautiful 17 units features (3) 3bed 2bath Units (9) 2bed 2bath Units (3) 2bed 1bath Units (1) 1bed 1bath (1) Studio with 1bath apartment. The first 12 units are abnormally large with living room, dining room, plenty of closet space and a separate kitchen. Based on completion numbers, the property should generate 26,850/mo after renovation. Thats 322,200 per year. If you put in individual furnaces & individual hot water tanks, conservatively, you would have a back end value of 2.8 million with a cap rate of roughly 10. Property needs full gut renovation with plans and permits to be city compliant. Numbers are ProForma. Court case present, plans and permits required.
This mixed-use building offers tremendous potential for a variety of uses. Located in a highly sought-after area of Chicago, this property is ready for a new owner and offers both residential and commercial space. Features include: Two vacant apartments-perfect for residential rental income or owner-occupancy. A commercial storefront that is ideal for any small business or retail use. A two-car garage, providing added convenience and storage. Located in a vibrant neighborhood with easy access to transportation, dining, shopping, and entertainment. This property offers flexibility for investors looking to generate income from both the residential and commercial spaces. Don't miss out on this prime opportunity in Chicago. Contact us today to schedule a viewing or for more details!
This new renovated Beverly commercial space is located near transportation and a thriving business community. In addition, it has parking for at least six vehicles in the rear.
retail apace for sale in the heart of lake view. less than a mile from Wrigley field . surrounded by neighborhood retails store ,shopping center .
FREE STANDING BUILDING ZONED B1-2 IN PRIME LOCATION WITH NUMEROUS POSSIBILITIES FOR NEW DEVELOPMENT OR TO CONTINUE WITH SAME OR SIMILAR USE. PLEASE DO NOT DISTURBED BUSINESS. THERE DIFFERENT CEILING HIGHTS AND IT COMES WITH 5 BATHROOMS. BUILDING IS VERY WELL MAINTAINED. PROPERTY IS SOLD "AS IS"
FREE STANDING BUILDING ZONED B1-2 IN PRIME LOCATION WITH NUMEROUS POSSIBILITIES FOR NEW DEVELOPMENT OR TO CONTINUE WITH SAME OR SIMILAR USE. PLEASE DO NOT DISTURBED BUSINESS. THERE DIFFERENT CEILING HIGHTS AND IT COMES WITH 5 BATHROOMS. BUILDING IS VERY WELL MAINTAINED. PROPERTY IS SOLD "AS IS"
Prime Logan Square 6-Unit with a 7th non conforming apartment - A Fantastic Investment Opportunity! Located on an oversized 55' x 124.8' lot with a large side lot, this all-brick 7-unit building offers updated apartments with modern amenities. Each unit features individual furnaces and hot water heaters, ensuring tenant comfort and efficiency. Apartments are beautifully finished with hardwood floors, stainless steel appliances, and quartz countertops. Unit Breakdown: 1 One-Bedroom Unit, 1 Two-Bedroom lower level Unit, 5 Two-Bedroom Apartments. Room to increase the rents. Additional features include 6 parking spaces, big open basement for storage, and a common laundry area for added convenience. Prime Location: Steps from Kosciuszko Park, featuring a playground, running trails, and a dog park. Easy access to public transportation: CTA Bus, Blue Line (Diversey & Spaulding), and Healy Station (Metra MD-North Line) for a quick commute to Downtown Chicago. Surrounded by essential retailers: Aldi, Walmart Supercenter, Cermak Fresh Market, Carniceria Jimenez, Tony's Fresh Market, Walgreens, and CVS. Don't miss out on this exceptional investment opportunity in a highly sought-after neighborhood! Seller has an assumable loan with a 4.09 interest rate. Agent Owned.
This building has been completely remodeled 4 years ago. New plumbing, electrical, 2 HVAC rooftop units 10 tons each plus 2 units that are 5 tons each, new subfloors and floors, framing, facade, windows and much more. There are 2 existing businesses occupying the space and 1 additional business that can be opened soon. Deli, grill, and bakery with seating area was opened 4 years ago and this business comes with the building. The entire basement and part of first floor is USDA approved for meat processing and that business would not transfer with the building. However, once that business moves, the new owner can easily start their own USDA production. The deli area also had a packaged goods liquor license that was not renewed, but it can be easily reestablished. There is also a 99 seat restaurant that is not open but it could easily be opened. The current zoning C1-1 allows for many uses. All the equipment, ovens, commercial kitchen, deli cases, reach in coolers, walk in coolers and freezer are in great shape. The second floor is currently a 3,000 square foot office. The owner has a plan to convert the office space into 3 residential rental apartments, this conversion is not included in the price. Real estate taxes are currently under protest but converting office space into residential units would bring the real estate taxes down even further. This property and the business has so much potential and upside. Current owners wish to focus on USDA wholesale production of their meat products and simply do not have enough time to devote to the retail store, deli, grill, bakery, and the restaurant. This property is conveniently located on the corner of Milwaukee and Foster, on a busy street (corner), and near 2 highways and abundance of public transportation.
Brand new construction commercial condo. 1742 Vanilla box, with mechanical closet and 1/2 bath. 44 feet of frontage on Busy Belmont Ave. Not a part of the HOA, so minimal common fees. Includes 1 garage parking space. Close to Wrigley, Southport Corridor, Red line and brown line stations!!
Amazing opportunity located in the central Business District of Chicago East Side neighborhood.This brick faced commercial building has been used for a medical office for many years and remains in great condition. Spacious one level building features multiple rooms 1.5 bathrooms, full basement, and fensed in parking area in the rear. Conveniently located near Lakeshore drive,Indiana border, and access to I-90/94.
FREE STANDING BUILDING ZONED B1-2 IN PRIME LOCATION WITH NUMEROUS POSSIBILITIES FOR NEW DEVELOPMENT OR TO CONTINUE WITH SAME OR SIMILAR USE. PLEASE DO NOT DISTURBED BUSINESS. THERE DIFFERENT CEILING HIGHTS AND IT COMES WITH 5 BATHROOMS. BUILDING IS VERY WELL MAINTAINED. PROPERTY IS SOLD "AS IS"
BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site with a 17 car parking lot! The ground floor is leased to long term tenants and the second floor ready for your ideas. Previously 2nd flr housed 17 apts. Remarkable possibilities! Ground floor fully leased to long term tenants for instant cash flow. The 9,180 SF second floor is wide open, with soaring ceiling heights to 14 feet. Additional possibilities to add square footage include adding 3rd floor loft space in a portion of the second floor and building out an existing very cool all masonry roof penthouse. Architectural plans available to construct a lobby, stair and elevator on Michigan Avenue with direct access to the concrete 17 car fenced, landscaped & irrigated parking lot. The possible uses are endless and include but are not limited to apartments, dramatic office space, medical, gym, basketball, pickleball, dance studio, restaurant, theater, doggie daycare, gallery and many other possibilities. Transit Oriented Development site, potential TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.
4-unit mixed-use owner/user building in the heart of Andersonville. 5140 North Clark was built in 2007 and consists of three 1,800 SF apartments (3 bed/2 bath each), a 1,400 SF vacant retail space, and four parking spaces. Each apartment offers a vaulted ceiling, updated kitchen/bath, hardwood floors, in-unit laundry, gas fireplace, central HVAC, hot water heater, and large private deck. Situated near the bustling Clark & Foster intersection, this high-demand location is next to popular Hopleaf. Walking distance to established restaurants and retailers (for example Starbucks, Chase Bank, La Colombe, Swedish American Museum, Lost Larson, Svea Restaurant, etc.).
Single story brick retail space on Ashland Avenue. Currently used as a hair braiding salon, this property is zoned C2-2 which makes it ideal for several business uses. Close to bustling businesses and public transport, it's the perfect spot for retail, office, or boutique services. Alley access for easy parking in the back. Please do not go to the location without an appointment. Being sold AS-IS
Copyright © 2025 MREDSelectSites.com
Website designed by Constellation1, a division of Constellation Web Solutions, Inc.