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.
Prime Mixed-Use Investment Opportunity in Chicago's Thriving 63rd Street Corridor This fully leased 4-unit B1-1 zoned building offers immediate cash flow and long-term upside. Featuring three commercial storefronts and one residential apartment, the property generating a steady monthly income. Rental Income Breakdown: ask* * Insurance Office -(18-year tenant) * Zumba Studio - * Youth Learning Center - (recently renovated with new A/C) * Upstairs Apartment - (updated kitchen in 2023, remodeled bathroom in 2020) Property Highlights: * B1-1 zoning allows for flexible redevelopment or continued mixed-use investment * All tenants are month-to-month and take care of their own utilities * New windows throughout the building * Quartz countertops with original solid wood cabinets in the apartment * Property sits on two lots * Low taxes -2 lots * Fully leased with long-term, stable tenants Located in a high-traffic, up-and-coming area, this property is ideal for investors seeking strong rental income, future redevelopment potential, or value appreciation. Priced to sell with immediate income in place.
This property is situated in the Chicago Lawn neighborhood, a vibrant area on Chicago's southwest side. The building is zoned for commercial use and is zoned commercial use and is ideal for retail or small business operation. The building is 1000 square feet and the lot size 2,943 square feet. The building has a new roof. Private parking is available in back of the building for several cars plus plenty of street parking.
Located in the heart of the Chicago Lawn community, 2701 W 63rd St presents a unique opportunity for investors, developers, or end users with vision. This 6,939 square foot commercial building sits on a generously sized 17,963 square foot corner lot and includes private parking for 20 vehicles-a rare feature in this densely populated urban corridor. Zoned B1-1 Neighborhood Shopping District, the property allows for commercial storefronts on a low-traffic street and permits residential units above the ground floor, opening doors for a mixed-use redevelopment strategy. The site falls under the jurisdiction of Alderwoman Stephanie D. Coleman of the 16th Ward, a district that has seen increasing interest from commercial and community-driven investors alike. Previously operating as a full-service funeral home, the property was designed with care and functionality, offering two private chapels for services, two administrative offices, a fully equipped preparation room, a casket display area, and two restrooms on the main level. A spacious sitting room at the front of the facility once served as a welcoming space for families and guests. However, the building recently experienced a fire that damaged approximately 1,000 square feet of the front sitting room, leaving visible damage that requires remediation. The structure remains fundamentally sound, and the fire-damaged section presents an opportunity for a buyer to renovate and modernize the space while building equity. Above the commercial area sits a two-bedroom, one-bath residential unit, which could serve as additional income-producing space or on-site staff housing. This flexible layout supports a variety of end uses-whether by an established funeral home operator expanding their footprint, a local church or nonprofit seeking a central and community-oriented location, or a commercial real estate developer looking to transform the property into a mixed-use asset. Strategically positioned along 63rd Street, a major East-West thoroughfare, this site enjoys high visibility and strong traffic counts. The property is easily accessible via nearby CTA bus routes, with close proximity to the 63rd Street Red Line Station and major expressways including I-55 and I-90/94, providing excellent connectivity for both patrons and staff. The surrounding area is home to schools, parks, retail corridors, and a vibrant residential base-making this a smart long-term investment for those who can see beyond the current condition and into the future potential. This is more than just a rehab project-it's a rare value-add commercial opportunity in a neighborhood with momentum, offering size, flexibility, and access in one of Chicago's under-the-radar investment corridors. For the right buyer, 2701 W 63rd St represents the chance to create a meaningful commercial asset with community impact and lasting value.
Located in the heart of the Chicago Lawn community, 2701 W 63rd St presents a unique opportunity for investors, developers, or end users with vision. This 6,939 square foot commercial building sits on a generously sized 17,963 square foot corner lot and includes private parking for 20 vehicles-a rare feature in this densely populated urban corridor. Zoned B1-1 Neighborhood Shopping District, the property allows for commercial storefronts on a low-traffic street and permits residential units above the ground floor, opening doors for a mixed-use redevelopment strategy. The site falls under the jurisdiction of Alderwoman Stephanie D. Coleman of the 16th Ward, a district that has seen increasing interest from commercial and community-driven investors alike. Previously operating as a full-service funeral home, the property was designed with care and functionality, offering two private chapels for services, two administrative offices, a fully equipped preparation room, a casket display area, and two restrooms on the main level. A spacious sitting room at the front of the facility once served as a welcoming space for families and guests. However, the building recently experienced a fire that damaged approximately 1,000 square feet of the front sitting room, leaving visible damage that requires remediation. The structure remains fundamentally sound, and the fire-damaged section presents an opportunity for a buyer to renovate and modernize the space while building equity. Above the commercial area sits a two-bedroom, one-bath residential unit, which could serve as additional income-producing space or on-site staff housing. This flexible layout supports a variety of end uses-whether by an established funeral home operator expanding their footprint, a local church or nonprofit seeking a central and community-oriented location, or a commercial real estate developer looking to transform the property into a mixed-use asset. Strategically positioned along 63rd Street, a major East-West thoroughfare, this site enjoys high visibility and strong traffic counts. The property is easily accessible via nearby CTA bus routes, with close proximity to the 63rd Street Red Line Station and major expressways including I-55 and I-90/94, providing excellent connectivity for both patrons and staff. The surrounding area is home to schools, parks, retail corridors, and a vibrant residential base-making this a smart long-term investment for those who can see beyond the current condition and into the future potential. This is more than just a rehab project-it's a rare value-add commercial opportunity in a neighborhood with momentum, offering size, flexibility, and access in one of Chicago's under-the-radar investment corridors. For the right buyer, 2701 W 63rd St represents the chance to create a meaningful commercial asset with community impact and lasting value.
This prime commercial property, located on a busy street with excellent exposure, offers a wonderful opportunity to start your own small business or expand an existing one. Currently occupied as a daycare, the building is versatile and can be easily adapted for various types of businesses. It has been meticulously maintained and updated, with a fully equipped kitchen in the back, two bathrooms, and a small office. The enclosed backyard features fresh concrete and a privacy fence, providing ample outdoor space for operations or events. Additional amenities include laundry hookups and a flexible layout, where interior walls can be removed or reconfigured to suit your needs. With modern mechanical systems and a roof that's less than five years old, this property is move-in ready, offering peace of mind and a solid foundation for your business.
THIS COMMERCIAL MIXED USE BUILDING IS PERFECT FOR A BUSINESS LOOKING TO MOVE RIGHT IN & DO NOTHING. EVERYTHING HAS BEEN DONE FM TOP TO BOTTOM. THE PROPERTY HAD A TOTAL GUT REHAB IN 2019, TO INCLUDE INCREASED SQ. FOOTAGE ON THE 1ST FL & A NEW 2ND FL. ALL NEW ELECTRICAL & PLUMBING THRU-OUT. NEW FOUNDATION BEAMS. NEW ROOF WH/INCLUDES A FLAT ROOF IN THE FRONT OF BUILDING & RAISED DORMERS OVER THE REAR OF THE PROPERTY TO ACCOMMODATE 2 ADDITIONAL LRG OFFICES UPSTAIRS. 2 FULLY UPDATED BATHROOMS. THE BATH OFF OF THE MAIN OFFICE AREA IS HANDICAP ACCESSIBLE WH/INCLUDES COMMERCIAL GRADE VANITY, TOILET, WALL GRAB BAR HANDLES & HAND BLOW DRYER. THE 2ND BATH HAS AN EXTRA LARGE GLASS WALK IN CERAMIC SHOWER. NEW COMMERCIAL GRADE DOORS & FRAMES THRU-OUT. THE BASEMENT HAS 2 FURNACES, HWT & SUMP PUMPS. NEW DRAIN TILE ALL AROUND THE ENTIRE BASEMENT & NEW CHECK VALVES. THE BASEMENT IS A GREAT SOURCE FOR EXTRA STORAGE. NO COST WAS SPARED IN THIS PROPERTY RENOVATION PROJECT. EVERYTHING WAS DONE BY CITY CODE. THE FRONT EXTERIOR OF THE BUILDING HAS NEW BRICK & THE ENTIRE PROPERTY HAS BEEN TUCK POINTED. NEW 6FT PRIVACY FENCE IN BACK & LARGE POURED CONCRETE SLAB TO ACCOMMODATE PRIVATE PARKING FOR UP TO 4 CARS. THE BACK LOT ALSO INCLUDES 2 CAGED CENTRAL AIR SYSTEMS. THIS PROPERTY IS CURRENTLY USED AS OFFICE SPACE TO RUN A SECURITY BUSINESS. THE FRONT OF THE BUILDING IS THE HUB OF THE BUSINESS & INCLUDES A BATHROOM. THE REAR OF THE PROPERTY INCLUDES A SPACIOUS KITCHEN AREA W/UPDATED CABINETS & GRANITE COUNTER TOP. THERE IS A CONFERENCE ROOM & A LGR COMFORTABLE SEATING AREA WHERE CURRENT EMPLOYEES CAN RELAX WHEN THEY ARE ON BREAK. STAIRS LEADING UP TO THE 2ND FLOOR WHICH INCLUDES 2 ADDITIONAL OFFICES W/CLOSETS, ONE OF WHICH IS A CEDAR CLOSET. THE NEW OWNER CAN RENT OUT THE 1ST FLOOR CONFERENCE ROOM AS AN OFFICE & THE 2 OFFICES ON THE 2ND FLOOR TO RECEIVE IMMEDIATE ADDITIONAL INCOME. THE REAR OF THIS PROPERTY CAN BE EASILY CONVERTED TO A FULL PRIVATE DUPLEX APARTMENT FEATURING 3 BEDROOMS, KITCHEN, LIVING ROOM & BATH. THE POSSIBILITIES FOR THIS INVESTMENT ARE ENDLESS. ALL EQUIPMENT & PERSONAL PROPERTY ARE NOT PART OF THE SALE & DO NOT STAY. THAT INCLUDES TV MONITERS, OFFICE FURNITURE, FRIG, SECURITY CAMERAS ETC. ***PROPERTY SOLD IN AS-IN-CONDITION BUT IS TRULEY IN MOVE IN CONDITION****
Prime Mixed-Use Building in High-Traffic Location - 6832 S Pulaski Ave, Chicago, IL Don't miss this rare opportunity to own a well-maintained mixed-use building in a high-visibility location on Pulaski Ave! This versatile property features a spacious commercial unit on the ground floor, perfect for a variety of businesses. The unit boasts two bathrooms, a small office, a wet bar, and space to build out a full kitchen. Recently renovated and equipped with central air, this space is move-in ready and zoned B1-1-ideal for retail, office, or service-based businesses looking for strong foot traffic. Above the commercial space, you'll find a beautifully updated 2-BEDROOM, 1-bathroom apartment, perfect for an owner-occupant or rental income. This unit features a brand-new renovated kitchen with granite countertops, new cabinetry, and tile flooring, along with hardwood floors throughout. Enjoy the added perk of a rooftop area, offering the potential to create an incredible private deck.Additional highlights include central air in both units, a two-car garage, and a prime location that ensures excellent exposure for your business. Whether you're looking to invest or operate your own business while living on-site, this property offers endless possibilities! Location Perks:High foot traffic for business visibility, close to public transportation & major roadways strong rental potential in a sought-after area by MIDWAY AIRPORT Schedule your showing today and take advantage of this incredible mixed-use investment opportunity!
Location, location, location! Check out this amazing storefront located on Pulaski, great for any business or investor looking in this high traffic area. Building and business can be sold together or only the building. Don't miss out on this amazing investment.
"Investment Opportunity! Versatile automotive property with strong income potential, property located in a high traffic and accessible area. Ideal for auto repair, detailing, or specialty services. Don't miss this opportunity!"
Exceptional Mechanic Shop for Sale - Prime Location and Equipped Unleash the full potential of your entrepreneurial spirit with this outstanding opportunity to acquire a thriving mechanic shop strategically located for success. This meticulously maintained facility spans an impressive 2500 square feet, offering ample space for seamless operations and expansion. Situated in a highly sought-after location, this mechanic shop enjoys excellent visibility and easy accessibility, ensuring a steady flow of customers. Can be use as grocery store, office, warehouse.
BRICK TWO STORY BUILDING IN HIGH TRAFFIC AREA ALONG PULASKI RD. FEATURES ONE FRONT STORE IN THE FIRST LEVEL. THE SECOND FLOOR FEATURES 4 BEDROOMS WITH SKY LIGHTS AND SEPARATE DINING ROOM/OFFICE SPACE. BOTH UNITS ARE RENTED TENANTS PAY ALL UTILITIES. CONVENIENT LOCATION MINUTES AWAY FROM MIDWAY AIRPORT, SHOPPING, RESTAURANTS AND TRANSPORTATION.
Prime Investment Opportunity in Chicago's Sought-After 63rd Street Corridor. Mixed-Use Building with Strong Rental Income! This 8-unit building, with 3 commercial storefronts and 5 residential units, offers tremendous upside with its B1-1 zoning in high traffic area. Currently fully leased with MTM tenants, this property boast steady income potential with significant upside, with long-term growth in a dynamic, up-and -coming area. Ideal for investors seeking cash flow, redevelopment opportunities, or long-term value appreciation. The property is priced to move with immediate income potential. This is your chance to secure a high performing asset in one of Chicago's most promising neighborhoods.
Stunning Chicago Bungalow Brick multi-unit. Investors dream with all units bringing in rental cash flow. Photos of are 1R unit which is a one bedroom, and basement unit which is 3 bedroom. All units boast original hardwood floors, gorgeous original wood work, updated kitchens and baths. Front units have formal living & dining rooms, with two bedrooms. Both second floor units are duplexed up with private and separate attic space. Can be used as studios, offices or extra sleeping rooms. Fifth apartment in basement. One additional in-law space. Two car garage with gated yard space. Sold AS-IS.
Attention all investor Marquette Park great commercial strip with great potential. all brick building, 5 city lots, building approximately 6000 square feet, consists of 4 store fronts, unit 2414 currently a restaurant rental income of $1500, unit 2418 is a barber shop for the past 30 years $1000, (2416- 1,000 sq ft) Vacant Former liquor store 2422-2424 sits on two lots- 3,000 sq ft and has fire damage and needs to be completely updated, it's currently gutted and needs a roof and all new interior. (5 Lots on Separate PINS 2414: 19244280190000 2416: 19244280180000 2418: 19244280170000 2422: 19244280160000 2424: 19244280150000) Great for all investors.
owner is very motivated to sell------------MEDICAL BUILDING WITH PARKING / CAN BE RE-PURPOSED FOR OTHER COMMERCIAL USE /ABOUT 50,000 CARS DAILY TRAFFIC COUNT----EXTREME HIGH VISIBILITY! Great opportunity for a medical or dental group, also office, retail, restaurant use as well /6 lots---108'x150' / 15,117 SF / BUILDING 9720SF / 90'x108'/ FIFTY FIVE rooms / THREE hallways / FIVE bathrooms/ Large re-done main reception area / 2nd reception area for north office/53 rooms on level-1 / Two rooms on level-2---office + storage / 2 basements---1000SF + 900SF / Well maintained, medical grade, good deferred maintenance 5 HVAC units ranging from about 3 to 10 years, replaced as needed /Roof re-coated 2 years ago/NEWER PARKING LOT---5400SF / 50X108 / 20 SPACES / TOTAL 30K RE-SURFACING 3 YEARS AGO/Fully JCAHO formally certified as a surgical facility---can be re-certified/ NOTE---Property sale only, all visible furniture, equipment, etc, belongs to current tenants
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