The median home value in Chicago, IL is $274,000.
the county median home value of $225,000.
The national median home value is $209,892.
The average price of homes sold in Chicago, IL is $274,000.
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
Learn more about Chicago Real Estate.
Beautiful brick six flat located on quiet, tree-lined street in the Chatham neighborhood, this Historic Brick building has so much charm Gated front area leads you to building. Over 8,496 square feet of living space. Totally renovated in 2016 new kitchen, bathroom, hardwood flooring ALL NEW mechanicals, HVAC new porch built in back with deck area on each level, New windows (96 to be exact ) + new doors & 21 ceiling fans ..This is truly a must see. Fantastic investment opportunity for additional income. 4 of the 6 units are currently rented out. Run by off site management company . 3 units are 2 bedrooms 1 bath 3 units are 1 bedroom 1 bath. Security system paid by owners. Come take a look at all this multi unit has to offer.
Two-story, psuedo-California style, masonry building that sits on a quiet, residential stretch of the typically busy and vibrant Cottage Grove Avenue. The unit mix is as follows: 4 1bed/1bath units 4 2bed/1bath units Ownership acquired the Subject in 2013 and it is currently 100% leased, with one unit expected to turn in March-2019. Four of the eight units have undergone renovation since acquisition. Rehab finishes include refinishing of hardwood flooring, granite countertops, new appliances, new kitchen cabinetry, new bathroom vanities and tile floors (only two units have had bathrooms remodeled). The other four units remain occupied with legacy tenants inherited from previous ownership. Those unit finishes consist of formica countertops, a mixture of kitchen appliances, and hardwood floors. The building has central boiler heating system and a central hot water tank located in the building's basement area. There are five surface parking spaces located in the rear.
***9.5% cash on cash or 20.7 with 25% down conventional loan*** Stable 6 flat brick building in Chicago's Chatham neighborhood. All 6 units are occupied but seller left one unit vacant for showing purposes. All 6 units available for viewing once property is under contract. Current tenants not aware property is for sale so please don't share with them. Building currently grosses $4685 with potential additional garage and laundry income available. Building has 6 units with 5 (2) bedrooms and 1 (1) bedroom. See attached proforma for the property.
Greater Grand Crossing neighborhood 27 unit opportunity. Building consists of 8 studios, 9 one bedrooms, 5 two bedrooms, and 5 retail spaces. Currently listed around an 8% CAP rate, a new investor can raise rents with unit improvements and/or rent out two vacant retail spaces and improve the CAP rate north of 10%. Capital improvements in new porch, boiler (2014), hot water heater (2016), storage tank (2019), R&D controls (2014), and newer windows/electric. Most heavy lifting complete, so more cosmetics to raise the rents and improve cash flow. Area seeing a number of improvements. Easy access to city and highways.
8,800 sq.ft. industrial building with 1,500 sq.ft office. Updates include windows, conference room, bathroom, kitchen, tuck pointing, fenced parking lot, and more. Just blocks from the 87th Street Dan Ryan Expressway.Property is much larger than it looks like from the outside. Plenty of street parking.
Did you see this HUGE price reduction? Don't miss this opportunity. This is the money maker you've been looking for. 12 units with long term tenants. 12 large units; 6@ studios and 6@ 1 bedrooms. Update the units and start collecting your rent. Show and sell.
Great investment opportunity in the Park Manor Neighborhood. All twelve (12) condo quality units have been completely gut renovated including, building mechanicals and common areas. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is for serious long-term investors that understand the value in quality construction and asset stability. Buildings of this quality and location are extremely rare and are positioned for lifelong investors looking for consistency and financial stability. This large corner property is located blocks away from local shopping and public transportation. Property Highlights Include: Fully gut renovated large units, new building mechanicals throughout including framing, HVAC, insulation, electrical, plumbing, roof, and masonry. Separate utilities. New coin operated machines in laundry room. New plumbing throughout including water main and underground plumbing system. New vinyl windows/capping. New hardwood floors throughout. Sold with all new stainless-steel appliances. New 600-amp electrical service. Fully renovated common areas, fencing and sidewalks.
AMAZING OPPORTUNITY TO OWN 13 UNIT BRICK BUILDING IN CHATAM! THE BUILDING WAS REHABBED RECENTLY, NEW PLUMBING, NEW ELECTRIC, ALL INDIVIDUAL FURNACES, TUCKPOINTED! THERE ARE 6 2BD, AND 7 1BD APARTMENTS. QUIET BLOCK! SECURITY FENCE IN FRONT!
This type of property is rarely available in this area. It is currently divided to house two businesses. The north side of the property currently houses a law office, which will vacate once sold. The south side is currently vacant. There are so many options for one or more organizations. This property has fifteen parking spaces and ample land surrounding the building.
Mixed Used building located in the South Shore/Woodlawn neighborhood. Spacious storefront on main level with apartment above. The property is in a prime location, it is located near public transportation, restaurants and shopping, convenient to schools, the Dan Ryan Expwy (I-94) and many other amenities!
We are pleased to present for sale this Turn-Key 6 Unit Investment Property in one of Chicago's Hottest Neighborhoods, the South Shore. Completely rehabbed in 2013 this building consists of Two  bedrooms and Two  bathrooms. Each apartment features condo-quality kitchens, individual heat, hardwood throughout, and In-unit Washer and Dryers. The tenants pay all utilities. Sales Brochure in Additional Docs.
Opportunity to purchase 10 units in Chatham with individually heated GFA furnaces and all two bedroom units. New windows in last 2 years. Very well maintained property with ability to raise rents. Current CAP 8.4% with room to move to a 10% CAP. The subject property is just blocks from major retail and shopping corridor on 79th street. New investor should have opportunity to raise rents $100 per unit to get rents toward average rents in the area. Stabilized building with plenty of room to grow!
Building for sales. Nails Salon equipment can also be sold with additional price. Very good location, great opportunity to own both business and building, but still pay less than rent or lease. Motivated seller. Bring all offers. Sold " As-Is"
This single story commercial property has tons of potential and is ready for a new owner. This location is idea for retail, office, medical or restaurant business. Street parking is available along with a rear parking lot and attached indoor parking for one vehicle. This area has great street traffic, and good foot traffic. Property is vacant, and sold as is condition. No surveys or disclosures available.
GREAT INVESTMENT OPPORTUNIY LOCATED IN GROWING CHATHAM!! 3 UNIT- MIXED USED BUILDING, ON SOUGHT AFTER COTTAGE GROVE AVENUE. CREATE POSITIVE CASH FLOW....GREAT FOR OWNER OCCUPANT OR INVESTOR. THE BUILDING CONSIST OF 2 STORE FRONTS, AND 1 LARGE 3 BEDROOM APARTMENT. ONE STORE FRONT WAS PREVIOUSLY A BEAUTY SALON, AND THE OTHER A RESTUARANT. GREAT FOOT TRAFFIC, ALSO NEAR PUBLIC TRANSPORTATION AND MINUTES FROM THE EXPRESSWAY. TAXES PAID CURRENT NO PRORATION, SOLD AS-IS.
Prime Chatham's Location.....This mix use 6 unit is an investors delight! 4 -2 bedrooms, 2 commerical...100% occupied, Individual heating, each unit has air condition, spacious units, enclosed back porch,hardwood floors, some updates, Wrought iron fence, security cameras on the front, side back and entrance hall, Circuit Breakers Sump Pump 5+ yrs, newer windows, Building also features a 4 car garage, and a parking lot on the south side of bldg. w/10 parking spaces...WOW additional income, Truly a turn key bldg. Easy walk to shopping, public transportation and expressway 100% tax proration, "sold as is" NOT A FORCLOSURE, REO OR SHORT SALE
MoHall Commercial & Urban Development LLC is pleased to present an 18-unit mixed-use building, East of Chicago's south side historic neighborhood of Chatham. This building includes  1Bed/1Bath  2Bedroom/1Bath  2 Bedroom/2Bath  Retail Spaces. Recent updates to the building include a new porch, roof, tuckpointing, electrical and windows. Units are individually heated. Do not miss the opportunity to add this turn-key income-producing building to your portfolio.
This property is prefect for your business or investment located on busy 79th Street. The unit next to it is also available for purchase. This is not a drive by, it is a must see. Property is priced to sell.
This property is great for your business or wonderful investment property. Property is located on busy 79th street. The unit next door is also available. This is not a simple drive by it is a must see. Property is price to sell
INDUSTRIAL/WAREHOUSE FACILITY SITS ON APPROXIMATELY 53,000 SQUARE FOOT LOT AND HAS A 20,000 SQUARE FOOT 2-STORY BUILDING WITH ADDITIONAL SPACE IN THE BASEMENT. THERE IS ALSO A 10,000 SQUARE FOOT GARAGE. THERE IS PLENTY OF PARKING IN THE FRONT LOT. IDEAL FOR STORAGE, TRUCKING, MANUFACTURING OR WAREHOUSING. MAY ALSO BE PURCHASED WITH 1232 E 75TH ST MLS # 10476019.
PRAIRIE STYLE HISTORIC LANDMARK BUILDING WAS DESIGNED BY FRANK LLOYD WRIGHT PROTEGE, WALTER BURLEY GRIFFIN. IT IS IN NEED OF A COMPLETE REHAB. THERE ARE 7,000 SQUARE FEET OF SPACE TO TURN THIS PROPERTY INTO A MASTERPIECE. THIS PROJECT IS FOR THE SEASONED INVESTOR. THERE ARES SOME RESTRICTIONS ON CHANGES TO THE FACADE BUT INTERIOR CAN BE CONFIGURED ANY WAY THAT MEETS YOUR NEEDS. CASH ONLY. USE EXTREME CAUTION WHEN VIEWING THIS BUILDING ESPECIALLY ON THE SECOND FLOOR. NO LIGHTS, BRING FLASHLIGHT. FLOOR PLAN AND SURVEY ARE IN ADDITIONAL INFORMATION.