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.
33 Realty is pleased to present 1264 S. Saint Louis Avenue, a 6-unit multi-family investment property opportunity in Homan Square. The property was extensively rehabbed in 2017 and consists of three 2-bed / 1-bath and three 3-bed / 1-bath apartments with individual gas-forced heat and hot water tanks. The residents are responsible for individual electric and gas responsibilities. 2017 rehab included: electric upgrade to 400 amp, new masthead, plumbing, waste & supply lines, HVAC, masonry, meters, replaced joists where needed, windows, unit interiors - all per plans permits approved by city of Chicago. Please request offering memorandum for full financials and additional property information
Incredible business opportunity to own a massive commercial building in the booming Little Village neighborhood in Chicago! This property is located in an ideal location on the extremely busy Pulaski Rd and only blocks from the famous 26th Street! Be ready to grow your business here with very little marketing expense needed! Extremely profitable tire shop occupies this space with new walk-in customers daily due to the location and the density of this community! You can continue to operate the tire shop, acquire a loyal book of business, and make money on the first day as an owner! You simply won't find another location like this one! This property is a money maker for all kinds of businesses including the existing tire shop, auto shop, car wash or any idea you can think of! Close to 8,000 sq ft which includes a large working space, office space, waiting area, storage space, partial basement and a second floor space for additional offices! High ceilings allow for lifts and other industrial equipment. Property consists of front and rear entrances for vehicle drive throughs. All brick structure, with recent roof replacement, extensive work to truss system, electrical upgrades, and proper heating throughout. Property has low taxes for a commercial property of this size. Property is also fit for an investor looking to develop. Similar structures in the area have sold for over a million dollars. Little Village is one of the highest appreciating neighborhoods in Chicago with a variety of successful businesses due to the density, central location, and popularity of the neighborhood. Tons of new investment in the area from national to local businessinesses as well as from the city. Schedule your showing now!
Attention Investors!! This is a fully remodeled, fully occupied six-unit building. It has a 10 cap rate and a 22-25 return on investment!! The building has many new updates: copper plumbing, individual hot water tanks, rubber roof covering, laminate flooring, updated kitchens and baths, newer windows, electrical, duct work, and separate high-efficiency furnaces in each unit. all units are 3 bedrooms. Total income 115,200/year. Each unit is metered individually for gas and electric. Taxes are low. Check the ATTACHED DOCUMENT FOR CURRENT NUMBERS AND RETURNS. Only 1-2 units will be available to view until after under contract
Investment Summary The 2 Greystone buildings and dedicated parking lot are located in what many consider the best neighborhood in Chicago for investment right now. The near term appreciation is expected to be huge. The East Little Village/ West Pilsen neighborhood is the hottest up and coming in Chicago due to it's close proximity to Downtown Chicago along with the amenities of the public transportation, a diverse shopping district, along with the connection to the city's boulevard and park systems. Think "Logan Square South". Many buildings in the area are being rehabbed and several new construction projects have already begun. There is Pink Line EL train stop approximately 2 blocks from this location. Douglas Park, which is one block from the subject property, is a gem in the park system and hosts several music fests that have helped bring about positive economic change to areas on the north side of the city. Chicago has recently replaced much of the infrastructure in the neighborhood including water mains, sewer lines, sidewalks/ curbs, and added trees to the street city-scape in anticipation. Both residential and commercial rents are on the rise with tenants moving in from other parts of the city. This is expected to continue for the foreseeable future. Chicago, as a whole, also continues to experience people moving in from other parts of the country looking to become part of the rich and diverse employment opportunities the city has to offer. The subject property is fully stabilized and has been well maintained. The property features 3 adjoining properties. There are 2 grey stone mixed-use buildings and 1 vacant lot containing a 3 car garage. There 4 commercial tenants and 4 residential tenants occupancies. On the first floor is a 2 storefronts rented for artist use. The second and third floors contain 4-two bedroom apartments and 2-one bedroom apartments. Every unit on both floors are spacious, comfortable and easily rented. Each apartment has good sized bedrooms, which is a critical factor in renting in the city. All mechanicals have been updated. There are with full 6 HVAC systems and 2 units with just furnace systems. Every space is fully updated with newer kitchen and bath finishes. Residential tenants also enjoy shared outdoor space. There is a 7 outdoor, off-street parking parking spots and a 3-car garage for a total of 10 spots. There are 3 separate PIN's associated with this listing. This listing is part of a larger portfolio which consists of 4 buildings (8 Commercial / 16 Residential Units) and 6 vacant lots that are primarily located on the same block (2 double vacant lots are a block away). The seller group is doing principal management and are looking to retire. The other properties are available as active listings. Please contact the listing agent for more details.
This address is located in what many consider the best neighborhood to invest in right now, the Up and Coming East Little Village neighborhood. think "Logan Square South"! This listing has great rehabbed apartments over a large, historic storefront with an original tin ceiling in good condition and hard wood maple floors. the storefront will need some work in the rear. the location is about 1 block to Pink Line EL stop, in a great shopping district and 2 blocks to Douglass Park and /Marshall Blvd. Storefront can easily be divided. It also has great installed mechanical systems that will make dividing the commercial easier than similar projects elsewhere. New Roof installed in January 2024 with a 5 year labor warranty. Apartment income will allow owner to deliver goods and services to this trending community for a huge profit. Apartments rent easily rarely but are below current market due to long term occupancies so there will be additional upside for future income. Building is priced to sell and will be a money maker for years. The city has rebuilt the streets, sidewalks, curbs, water/ sewer mains in addition to planting tree boxes in the public landscaping. The building is principal managed so the expenses reported are as such. The seller has listed 3 other buildings within a block as retirement is calling. All listings on the block are walkable distance from each other and all are available for showings. Contact the listing agent for more information. The parking for this address is at 1936 s Kedzie - a double, fenced lot which is also available for purchase in connection with this building. This Kedzie lot 6250 sq ft and is zoned a B3-2 which carries a FAR of 2.2! All this means a 13,750 sq ft (Condo) building can be built there in the future. If the vacant lot is not purchased with this address, it will be available for purchase separately.
Excellent opportunity to add instant equity to this this solid brick mixed-use property in Lawndale. This property is comprised of 1 commercial storefront and 3 residential units. Property is being sold in as is condition, dimensions and information are approximate and buyer/representation responsibility to verify. Seller does not provide survey. Partially occupied. Do not disturb occupants.
Investment Summary The building and dedicated parking lot are located in what many consider the best neighborhood in Chicago for investment right now. The near term appreciation is expected to be huge. The East Little Village/ West Pilsen neighborhood is the hottest up and coming in Chicago due to it's close proximity to Downtown Chicago along with the amenities of the public transportation, a diverse shopping district, along with the connection to the city's boulevard and park systems. Think "Logan Square South". Many buildings in the area are being rehabbed and several new construction projects have already begun. There is Pink Line EL train stop approximately 1 1/2 blocks from this location. Douglas Park, which is one block from the subject property, is a gem in the park system and hosts several music fests that has helped bring about positive economic change to areas on the north side of the city. Chicago has recently replaced much of the infrastructure in the neighborhood including water mains, sewer lines, sidewalks/ curbs, and added trees to the street city-scape in anticipation. Both residential and commercial rents are on the rise with tenants moving in from other parts of the city. It's expected to continue for the foreseeable future. Chicago, as a whole, also continues to experience people moving in from other parts of the US looking to become part of the rich and diverse employment opportunities the city has to offer. The subject property is fully stabilized and has been well maintained. It features 4 commercial tenants and 4 residential tenants occupancies. On the first floor is a Cricket Communications phone store as well as 3 locally owned offices. The second floor contains 3-two bedroom apartments and 1-three bedroom apartment. Every unit on both floors are spacious, comfortable and easily rented. The apartments have large bedrooms, which is a critical factor in renting in the city. . All mechanicals have been updated with full HVAC systems as has every kitchen and bath finish. Residential tenants also enjoy a shared 825 sq ft outdoor deck area. There is a 12 car, off-street parking lot and a 2-car brick garage for a total of 14 spots. The zoning on this separate lot is positive and it can be expected that new construction can built on it in the future. This listing is part of a 4 building (8 Commercial / 16 Residential Units) and 6 vacant lot portfolio that are located on the same block (2 double vacant lots are a block away). Seller group is doing principal management and are looking to retire. The other properties are active listings now. Please contact the listing agent for more details.
Introducing an exceptional opportunity for multifamily/mid-rise investors in the vibrant city of Chicago. This newly renovated 4,050 SF property, built in 1909 and updated in 2022, features 6 units and enjoys full occupancy, making it an attractive addition to any portfolio. Located in heart of Little Village Area, the property offers significant potential for rental increases, appreciation in a prime urban location. Don't miss the chance to acquire this impressive property with a strong rental history and ample room for continued growth and prosperity. -6 Unit Fully Renovated Property -Full Occupied w/Strong Income History -Tremendous Upside Offering Both Rental Growth and Appreciation -Below Market Rents -Conveniently Located! Next to Cermak, Kedzie & Ogden CTA bus lines, CTA Train (Pink Line) and I290 & I55 Expressways
1500 S. Lawndale is a recently remodeled and upgraded 9-unit building plus a nonconforming 10th apartment! Currently configured with a pair of big 3BR 1BA units, 6 nicely sized 2BR/1BA apartments, a compact 1/1 and a cozy studio located in the former retail storefront (now legalized as ADUs). PLEASE NOTE: The storefront units are framed-out and require completion. All units are separately metered and the property boasts a new (2 yr) roof, plumbing, electrical, individual GFAs and original stained hardwood flooring. This building is being sold 'as-is' with no city violations. There's a LOT of rental upside and equity creation potential for the right value-add investor!
This 9-unit building is in need of a full gut rehab and offers incredible potential for restoration or redevelopment. The warehouse portion of the building was originally a cookie factory and offers ample space for creative use or future expansion. The building retains unique industrial elements such as exposed brick, steel beams, and original architectural features. Additionally, the property features two large attached 3-car garages, providing parking for up to 6 vehicles-ideal for tenants or development use. Currently uninhabitable - Perfect for investors looking to breathe new life into a historic space with substantial upside.
Unlock unparalleled investment potential with this mixed-use property, featuring two renovated apartments and a storefront equipped with tens of thousands of dollars in equipment. This cash-generating property includes an adjacent vacant lot, currently used for parking but offering limitless development possibilities. For those looking to maximize returns, consider redeveloping both the existing structure and the adjacent lot. Together, the combined double lot could accommodate a brand-new development with up to six units-four residential and two commercial storefronts-transforming the site into a high-yield, mixed-use property. Alternatively, keep the current structure, make necessary updates, and continue to use the vacant lot for additional parking. With options for immediate income and future growth, this property is an outstanding investment opportunity.
Mixed use property for sale! The first floor offers a 1,000-square-foot storefront, along with a 2 bed 1 bath unit in the back w/ in-unit laundry! The second floor features a massive 4 bed, 2 bath w/ in unit laundry. The property also includes an open basement with great potential! Come in and finish the project! Start your own business at the storefront and live upstairs! Many updates have already been completed, including a new roof (2 years old), plumbing (2024), HVAC (2024), and framing (2024).Plus, it's just minutes from the 290 expressway, making it easy to get around the city. Don't miss out-schedule your showing today!
Long-time owner looking to sell to the right buyer. There is plenty of potential for increasing the income of this property-long-time tenants with low rental fees and the tenants paying their utility fees.
Large, well maintained solid brick building zoned R-3 across from Piotrowski Park on bustling 31st St. Family owned since the 1960s, the building consists of 3 residential units plus a 900 sq ft first floor storefront. Full walk up expandable attic and full basement with separate meters. New tear off roofs on both the garage and main building 2020, new gutters, soffits and boiler 2021 and new water heater in 2023. Home Run Inn is next door, and Piotrowski Park has a public swimming pool and skate park so the location is ideal with plenty of foot traffic. Target, Home Depot and Walmart are around the corner. Great opportunity for multi-generational living or investment. Being sold as-is.
Welcome to 2821 west 25th in marshall square. A Nicely Maintained and professionally managed 6 unit rental brick multifamily property which underwent a complete renovation 3 years ago. This is a Very successful income producing property conveniently located near an el station, shopping and douglass park. 1st appointment to show 2 sample apartments. with some notice. Upcoming area just west of pilsen and convenient to getting downtown and the highway
Prime Mixed-Use Property with Exceptional Investment Potential. Introducing an outstanding mixed-use property package located in the highly desirable Southwest Chicago area. This offering includes two well-maintained buildings situated in a high-traffic location, perfect for maximizing visibility and income potential. Property Highlights Dual-Building Package: Versatile Storefront: The first floor of both buildings features a shared, expansive storefront space currently utilized as a church. This space offers significant flexibility for various commercial uses, making it an ideal setting for retail, office space, or other business ventures. Residential Units: Building One: Houses two large apartments, each with three bedrooms, providing ample living space and rental income opportunities. Building Two: Features a spacious four-bedroom apartment, further enhancing the property's residential appeal and rental potential. Additional Features: High-Traffic Location: Situated in a bustling area, ensuring excellent exposure and accessibility for both commercial and residential tenants. Well-Maintained: Both buildings have been diligently cared for, reflecting the pride of ownership and attention to detail. This prime mixed-use property presents a unique investment opportunity, offering a blend of commercial and residential spaces that cater to a diverse range of tenants. With its strategic location and versatile layout, the potential for income growth and property appreciation is substantial. For more information or to arrange a viewing, please contact us. Don't miss this chance to invest in a property that combines excellent cash flow, strong growth potential, and a prime location in Southwest Chicago.
Located on the corner of Cermark Rd and Sawyer Avenue, two attached commercial auto or wholesale spaces are available for sale. With a combined total of 10,300 square feet, this unique combination could be used for auto use, retail, or distribution, and is located in a thriving community. 3233 W. Cermak, the corner space, is a restaurant in front and truck shop space in the rear. The auto shop can accommodate between 20-25 vehicles. The adjacent space is a recently renovated storefront with a second floor, that flows through to the adjoining building, and a second floor loft.
Introducing a newly renovated multifamily unit building, an exceptional investment opportunity with immediate income potential. This meticulously updated property comprises eight units and boasts a high occupancy rate of 95%, with only one unit currently available. The building includes three spacious 3-bedroom units, four comfortable 2-bedroom units, and one cozy 1-bedroom unit. With modern upgrades and attractive living spaces, this property is designed to appeal to discerning tenants, ensuring a steady stream of rental income. Perfectly suited for both seasoned investors and those new to the market, this multifamily building is a turnkey investment in a thriving rental market. Don't miss out on the chance to secure this lucrative asset and enjoy the benefits of a well-maintained, income-generating property.
Discover a prime investment opportunity in the heart of North Lawndale. This versatile building spans over 2,900 square feet, offering a spacious, light-filled interior ideal for transforming into office space, retail, or a creative venture. Situated in a thriving neighborhood with convenient access to transportation, this property is perfect for entrepreneurs and investors looking to establish or expand their presence. Its flexible layout can be tailored to suit a variety of business needs, making it a valuable asset with endless potential. Easy to show-schedule your viewing today and explore the possibilities!
Copyright © 2024 MREDSelectSites.com
Website designed by Constellation1, a division of Constellation Web Solutions, Inc.