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.
Renovated and re-imagined in 2024, this 10,500-square-foot brick and heavy timber flex building offers a modernized and adaptable space in one of Chicago's most vibrant neighborhoods. Positioned along the bustling and highly visible Western Avenue corridor at the nexus of West Town and the Kinzie Corridor, the property combines historic character with contemporary enhancements, creating an exceptional opportunity for owner-users or investors. The ground floor features 8,220 square feet of open warehouse space, boasting one drive-in-door: 11'2"H x 9'W, 75 feet of prime street frontage, and an abundance of natural light-perfect for seamless operations and a variety of commercial uses. Recently renovated, the second floor spans approximately 2,280 square feet and offers a blank canvas for customization, ideal for private offices or creative workspaces. With C1-2 zoning in place, the property offers significant redevelopment potential, including up to eight residential units with ground-floor commercial space. Updated in 2023 with a new TPO roof, tuckpointing, HVAC and distribution, second floor cosmetic upgrades. Situated along a major transit corridor and just steps from the Western Metra Station, the site qualifies for Transit Oriented Development (TOD), adding to its flexibility and broad appeal. Additionally, 526 N. Western Avenue offers seamless connectivity with its strategic location near downtown, major highways, and public transit options. Surrounded by thriving developments and featuring a versatile layout, this property presents a rare opportunity-whether you're looking to establish a headquarters, expand your portfolio, or pursue a transformative redevelopment project.
Commercial Mixed-Use Investment Property with Multiple Income Stream Potential Don't miss this rare opportunity to acquire a fully renovated commercial mixed-use space, with active rental income, and additional leasable space currently available. The property has undergone extensive interior and exterior updates in the last 5 years, and stands alone its' class on the market. Key Features: Fully Rehabbed Warehouse: Updated and ready for business, ensuring minimal maintenance costs. Existing Tenant: One lessee currently occupying 1 of 3 rentable spaces, providing immediate rental income. Additional Leasable Space: With extra square footage still available for lease, you have ample opportunity to cash flow by securing additional tenants. This property is a unique investment for businesses and investors alike to capitalize on multiple income streams in a prime location. Whether you're an experienced investor or looking for your first commercial property, this is an excellent chance to secure a profitable asset.
Commercial Mixed-Use Investment Property with Multiple Income Stream Potential Don't miss this rare opportunity to acquire a fully renovated commercial mixed-use space, with active rental income, and additional leasable space currently available. The property has undergone extensive interior and exterior updates in the last 5 years, and stands alone its' class on the market. Key Features: Fully Rehabbed Warehouse: Updated and ready for business, ensuring minimal maintenance costs. Existing Tenant: One lessee currently occupying 1 of 3 rentable spaces, providing immediate rental income. Additional Leasable Space: With extra square footage still available for lease, you have ample opportunity to cash flow by securing additional tenants. This property is a unique investment for businesses and investors alike to capitalize on multiple income streams in a prime location. Whether you're an experienced investor or looking for your first commercial property, this is an excellent chance to secure a profitable asset.
For Sale or lease!! Gorgeous LIGHT AND BRIGHT corner condo retail or office on first floor of newer building. Has been office and salon as well as retail/showroom. On Grand Avenue in the heart of the Antique/Retail stores ,near the new Green line,Publican,Alliance,etc. 1200 square feet completely built out, 4 separate offices apx 11x11 each with glass panels to let light in,and open area as well. Keep layout as is or open or extra water lines for extra sinks,Private restroom, HVAC,, reception, andwaiting area.Perfect for medical,salon,spa ( may need special use) office, retail or showroom. Front entrance on Grand Ave, T1 lines, phone lines, hardwood floors. easy to show.SBA loan possible or lease with Gross lease/option to purchase. condo association restricts alcohol sales and restaurant.2024 TAX REDUCTION TO $5802.
This all-brick Chicago classic offers 5,500 sq. ft. of versatile space, presenting an incredible opportunity to expand your business or establish a unique community venue. The property features a spacious main hall, two restrooms, a kitchen, a large dining area, and offices. Located in the East Garfield Park neighborhood, the M1-2 zoning provides flexibility for various ventures and the potential for lower long-term operational costs. The rear of the building includes attached storage space and a secure gated entrance in front. Conveniently situated near shopping, downtown Chicago, and major expressways. Schedule your showing today to explore the possibilities this property offers.
All brick mixed use 2 story with value add potential. Currently this is configured to meet the requirements of a live-in owner/user operating their business or an investor renting out the apartment and the first floor retail. Forced air heat and air conditioning serving the first and second floor. The backyard is a tranquil space that is fully fenced. NOTE: A FIRST FLOOR APARTMENT IS PERMITTED UNDER B2-2. Survey, Floor plans and list of permitted uses available upon request. The building will be vacant at the time of sale...no leases.
Vintage 7 unit greystone in emerging west UIC Quadrant. Building houses a favorable unit mix of Three 2 bds, Three 3 bds and One 4 bd. all rehabbed to the highest area. Wood like floors, high quality cabinetry, stainless steel appliances. Three separate entrances provide for tenant privacy. Units rehabbed in the last five years. All units are rented with leases. 3100 Lexington is conveniently located directly west of UIC Quadrant , Chicago Loop, Blue Line , shopping and entertainment.
Great opportunity to add a multi use building to your real estate portfolio. 6 apartment units updated in 2013. Three units are 3 Bed 2 bath, and three units are 2 Bed 2 bath. The top floor units have beautiful skyline views and access to a rooftop deck. All units have hardwood floors, updated kitchens with quartz counters and stainless steel appliances, in unit washers and dryers. The main floor is an open retail space currently leased into Feb 2026.
Copyright © 2025 MREDSelectSites.com
Website designed by Constellation1, a division of Constellation Web Solutions, Inc.