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 mixed-use building includes 5 units in total, with two retail spaces on the bottom floor and 3 residential units on the upper floor. The two retail units can be separated, but have been occupied by a single bakery tenant since 1986. The property is zoned B1-1, and the retail units feature black iron, a partial basement, ample storage space, and high foot traffic that bodes well for a thriving retail business. The property includes 3 residential units above the retail space, all of which are 2-bedroom 1-bath units. In the rear of the property, there are a total of 3 parking spaces, consisting of 1 garage spot and two pad parking spaces. With all leases being month-to-month and below market rate, this presents an excellent opportunity for any value-add investor or owner/user to add a cash-flowing property to their portfolio.
Amazing Mixed-Use Building!! SUPER LOW PROPERTY TAX!! This exceptional mixed-use property, located in the vibrant Portage Park area, offers a prime opportunity for both business and residential living. Spanning across four levels, the building features: - Ground Floor Commercial Space: The main floor presents expansive commercial space perfect for retail, office, or service-based businesses, currently occupied by a restaurant. With high visibility along the bustling N Milwaukee Ave corridor, this area enjoys heavy foot traffic and easy accessibility for customers. - Lower-Level Commercial Space: The lower level offers additional versatile space, ideal for storage, office expansion, or further commercial ventures, with convenient access and great potential for diverse use. - 4 Luxury Residential Units: Above the commercial spaces, find four beautifully appointed residential units, each featuring high-end finishes, modern appliances, and spacious layouts. Designed with comfort and sophistication in mind, these units provide an ideal living experience in one of Chicago's most desirable neighborhoods. - Prime Location in Portage Park: Situated in the sought-after Portage Park neighborhood, this property is within walking distance of parks, restaurants, cafes, and public transit, offering residents and businesses alike an unparalleled convenience of living and working in this dynamic community. This property presents a unique opportunity to own a piece of the thriving Portage Park area, combining residential luxury with commercial potential. Whether you're looking to expand your business or invest in a high-quality residential development, this property has it all.
1,000 sq ft Store Front plus 100 sq ft storage in the basement and parking for 4 cars in the Back. store was remodeled in 2021. Plenty of parking in front, also plenty of FREE covered parking for owner or clients in Belmont/Central parking garage. New or existing businesses this is a great location.
Ideal development site for multifamily or mixed-use. Signalized hard corner of Addison and Long. Motivated Seller
Charming Multi-Use Property with Income Potential! Welcome to this one-of-a-kind, income-generating gem in a prime location! Offering just over 4,000 square feet of versatile space, this beautifully maintained property includes one commercial unit and two residential units, making it a rare find for savvy investors or business owners looking for flexibility and strong returns. The third floor features a bright and inviting 2-bedroom, 1-bath residential unit, ideal for tenants or a comfortable owner's retreat. Enjoy deck access and in-unit laundry. (Currently leased through August.) On the second floor, you'll find a stylish 2-bedroom, 1-bath unit, fully remodeled in 2023 and now vacant-ready for your next tenant or personal use. This unit also enjoys private deck access, with laundry conveniently located just downstairs. The first floor commercial space is a standout, offering prime visibility and thoughtful design for any business. It includes three private offices, a spacious conference room, an open front office area, and a fully-equipped kitchen with a stove, fridge, and sink. The bathroom is smartly split into separate rooms for the toilet, sink, and shower-perfect for client-facing businesses. Recent updates include: Second floor remodel (2023), Brand new front deck (2024), Commercial space flooring (2020), Two-car garage (approx. 10 years old), currently used for storage, New roof (rolled tar, 2017), Completed tuck-pointing in recent years. This property blends classic charm with thoughtful updates, offering a unique opportunity for owner-occupants, investors, or business owners seeking multi-use flexibility. With existing rental income and commercial potential, this is a rare chance to secure a strong return in a highly desirable location!
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
EXCELLENT OPPORTUNITY IN BELMONT CRAGIN AREA. TONS OF POSSIBILITIES FOR RESTAURANT, CHURCH, ETC. PROPERTY HAS TWO FURNACES, AIR CONDITIONING. TABLES AND CHAIRS INCLUDED. LARGE KITCHEN, BEAUTIFUL WOOD WET BAR, COMMERCIAL REFRIGERATOR, STOVE RANGE, COOKING HOOD AND EXHAUST, THREE COMPARTMENT SINKS, FREEZER, GRIDLE, STEAM TABLE, ALL PREPARATION TABLES. SMALL COOKWARE, SHELVES, SECURITY CAMERAS, 2 TV AND SIGN . GREAT OPPORTUNITY FOR INVESTORS OR A NEW BUSINESS VENTURE. ASK FOR OWNER FINANCING.
Two blocks south of the intersection of Cicero, Belmont and Diversey Avenues, a 6,000 square foot warehouse is available for sale. This property is fully rehabbed and is perfect or a private entertainment space. The property has good frontage on Cicero Avenue with easy access to bustling Six Corners. The Belmont Cragin community has benefited from steady growth in population and renewed investment. Local businesses enjoy a strong residential consumer base, great public transportation, and quick access to the Expressway.
Just off the corner of Cicero and Diversey Avenues, this 24,500 square foot parcel is available for sale. The land is improved with a 5,600 square foot building but could also be developed for a wide variety of retail uses. The site has low taxes for the area with substantial frontage on Cicero Avenue with easy access to bustling Six Corners. Great opportunity for a user or developer. The Belmont Cragin community has benefited from steady growth in population and renewed investment. Local businesses enjoy a strong residential consumer base, great public transportation, and quick access to the Expressway
Exceptional Opportunity: Own a Piece of History! This is your chance to acquire the iconic Fortini Garden Supply property, a family-owned gem that has stood the test of time. A prime location with unmatched visibility and high traffic counts, this property boasts access from two bustling streets (Elston and Montrose) ensuring maximum exposure for your business or investment. This unique offering includes three PINS, opening the door to a myriad of possibilities for development or renovation. The potential is limitless! Don't miss out on this once-in-a-lifetime opportunity to own a popular property in a vibrant area. Act fast, properties like this are rare and won't last long! Sold "as is"
Exceptional Opportunity: Own a Piece of History! This is your chance to acquire the iconic Fortini Garden Supply property, a family-owned gem that has stood the test of time. A prime location with unmatched visibility and high traffic counts, this property boasts access from two bustling streets (Elston and Montrose) ensuring maximum exposure for your business or investment. This unique offering includes three PINS, opening the door to a myriad of possibilities for development or renovation. The potential is limitless! Don't miss out on this once-in-a-lifetime opportunity to own a popular property in a vibrant area. Act fast, properties like this are rare and won't last long! Sold "as is.
This is a 1,700 SF, open floor plan, commercial condominium, in the well located Irving Park Neighborhood! The space is equipped with a state-of-the-art cook's kitchen equipped with ultra-premium appliances. These include a remote Wi-Fi-controlled double oven, a built-in microwave, a dishwasher, and a stunning 42" Franke sink with a garbage disposal. The space is visually striking with 14" loft style ceilings, a gourmet kitchen (see photos), a private office, a storage/utility room and a private washroom. Recent uses have included it being an event space, a private dining venue, a food video production location, there have been private meeting (with catering), marketing shoots, private parties and theme dinners. The ambiance here is expansive and luxurious, making it perfect for meetings, entertaining, and creative endeavors. The space includes a Nest thermostat, recently upgraded 50 gallon water heater (2023), an industrial dishwasher hookup, alarm and video systems and ample storage space in the back room. Future uses can be for office, events, client or corporate functions or vision your thoughts on how to use this dynamic venue.
This move-in-ready storefront/office is ideally located in the heart of Old Irving Park, at the bustling intersection of Elston Ave., Montrose Ave., and Pulaski Rd. Just a short distance from the iconic Six Corners shopping district, this space is perfectly suited for various professional uses, such as medical offices, accounting firms, law practices, therapy centers, or even a convenience store. The unit features a finished basement with over 500 square feet of additional space and a separate back entrance, making it perfect for storage or other purposes. Conveniently accessible via major roads and highways, including I-90 and I-94, the location offers excellent visibility and ease of access. Included with the unit is one assigned parking space in the rear, ensuring convenient parking for tenants or customers. Ready for immediate occupancy, this space presents a fantastic opportunity for new owners or investors. The monthly association fee of $226 covers water, garbage removal, and snow removal, offering a hassle-free, low-maintenance experience for the occupant.
Solid Investment in Old Irving Park Neighborhood. Commercial Store fronts and offices on high visible corner . Excellent tenants in place with term on their leases. The Art of Being, Edible Arrangements, Medical well funded non for profit CEDA WIC. Close to 9,500 square feet completely rehabbed. New city streets-cape improvements with old city style lighting. High cap rate and professionally managed.
Located 1 block from the Irving Park Blue Line Stop. Easy access to I-90/94. The subject property consits of 6 apartments, four two bedroom/one bath units and two, one bedroom/one bath units. Immediate rental upside as the current tenants are M-T-M. Heat is provided through base board hot water heat. the boiler was replaced within the past 5 year. There are also 6 parking parking spoots at the rear of the property, currently included in the rent.
Amazing opportunity at the corner of N Pulaski and N Milwaukee in Chicago, IL. This property, with B3-2 zoning, offers the potential for a variety of uses, including retail, office, and medical, with the added benefit of apartment space permitted above the ground floor. For decades, this location has served as the home of the National College of Naprapathic Medicine, making it a well-established and trusted address. The space includes a welcoming reception area, multiple private offices, specialized treatment rooms, ample storage, and a kitchenette, making it ideal for healthcare services, office tenants, or other commercial ventures. The building provides great visibility from N Milwaukee Ave and is easily accessible by public transportation. Nearby amenities, such as retail stores and dining options, enhance the property's appeal. The property is ready for immediate occupancy and offers excellent potential for both retail and residential investment, making it a fantastic opportunity for businesses or developers looking for a prime location in a high-traffic area. Text or email the listing Brokers for showings and floor plans please.
Rare opportunity. Northwest side plaza available for sale now. Fully rented. Busy traffic on Belmont ave. Brand new Taco Bell across the street and Popeye's across the corner for many years. The area is booming again. Do NOT bother employees. CALL LISTING AGENT FOR MORE INFORMATION.
Located in the bustling **city center** of Chicago, this prime real estate opportunity is a dream come true for any automotive business owner. With almost 9,000 square feet of space, this versatile property can be transformed into a dealership, body shop, or automatic shop. The location can also be-reimagined for another retail use that's much needed in the area. The second level of this property is currently leased out for residential apartments (renter is willing and happy to stay for continual income), to providing a steady source of income for the savvy investor. This property boasts ample storage space on the main level as well as in the basement (note basement pics), making it convenient for storing inventory and equipment. Some of the highlights of this property are the drive-through doors, allowing for easy access and maneuverability for large vehicles and machinery, storage space for up to 40 vehicles, space for office and showroom, and absolutely fantastic location for automotive everything This is a rare and hot opportunity for anyone looking to capitalize on the thriving automotive industry in Chicago. Don't miss out on the chance to make a lucrative investment and establish a successful automotive business in this high-demand location.
Unique opportunity to purchase this property with almost 9,000 sf lot that consists a 7,145 sf one story warehouse with a 2,084 sq ft warehouse/storage facility. The larger warehouse is equipped with super high ceilings and 2 overhead doors that allow for easy truck/van drive thru operations, 1 dock with hydraulic lift, 2 separate offices, 3 bathrooms, large storage area above the offices. This could be perfect for your business needs of Brewery, Distillery, Warehouse, Manufacturing, Automotive sales or repairs. Located on one of Chicago's bustling commercial corridors in the ideal Chicago neighborhood.
Great opportunity to run a Bakery. Fully equiped, small store front, security system with cameras rental income 2500, second floor apartment is rented 1600, bakery is for lease also. Cal LA for appointments. Short notice for store, 24 hrs for apt.
Exceptional commercial development opportunity located on the highly sought-after Irving Park Rd and Keeler intersection in the heart of Old Irving Park. Next to and highly visible from Kennedy Expressway, Metra, and CTA Blue line with high walk transit and bike scores. Single story building 3,040 sq. ft. with over 40 ft. of frontage zoned B3-2. Perfect site for a three-story restaurant building with a rooftop deck for outdoor dining with two parking spaces. Can have residential units if desired.
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