The median home value in Chicago, IL is $275,000.
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 $275,000.
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.
Stunning Six Unit Multi Family Building in Thriving Bronzeville, Beautiful/Historical Block with new constructions up and down the area. This Six Unit is 100 Percent Occupied, Current Gross Rent is $9940.00 per month. Great Tenants, All Leases Expire 04/30/2020, Large Units, Great Floor Plan, Two, 2 Bedroom / 2 Bathrooms and Four 3 Bedroom / 2 Bathroom. Property was renovated with Plans & Permits. Everything New! 100 Percent Occupied, Great For Your Investor Looking For Passive Income in an Red Hot Expanding Neighborhood! - Very Walkable Location For Tenants, Excellent Transit Location 2 Minutes From the 43rd & 47th CTA Green Line & Bus Station for Easy Commute to Work Downtown.
Excellent investment or development opportunity! This is a great location for a Restaurant, Party Room, and Convenience Store, etc. It is situated right at the 43rd Street "L" Station and there is plenty of foot traffic. Multiple PINs 20033040010000 & 20033040020000. Property sold "as-is", buyer to take on all repairs.
Own this 8-unit condo building located one block east of the historic and picturesque King Drive in the highly sought after Bronzeville neighborhood. Converted to condominiums in the early 2000s, the building's excellent unit mix consists of (4) Three Bed - Two Bath approx 1434 sq ft, (2) Two Bed with Den - Two Bath approx 1345 sq ft and (2) Two Bed - Two Bath approx approx 1300 sq ft. Each unit features hardwood floors throughout, granite counter-tops, stainless steel appliances, in-unit laundry, gas forced heat, central air conditioning and secured gated parking in the rear. An investor can purchase the subject property and deconvert back to an apartment building or with minor cosmetic updates, exit the investment through the sale of individual condos on a retail basis. Easy access to Hyde Park, Lake Shore Drive, Gallery Guichard, 90/94, Mariano's, the University of Chicago, public transportation and 15 minutes from downtown Chicago. Currently 6 units are rented and two are owner occupied. By leasing the two owner-units, you achieve an in-place cap rate of 7.9%. Schedule your private tour today!
Historic and Spectacular Dr. Martin Luther King Dr. Corner lot Greystone is the perfect location for your new dream home or investment opportunity. Over 7000 SF with the possibility of 9+ Bedrooms, 6+ Bathrooms, 4 levels including the basement. King Drive is the Boulevard of Influence and Inspiration! A family home that can offer true luxury and style! Incredible original finishes and carved woodwork offer the possibility of transforming while honoring the spirit of King Drive. High ceilings, original fireplaces, wood floors and staircases await your transformation. King Drive and Bronzeville are the hottest corridors in Chicago! 10 minutes to downtown Chicago, Public transportation is easy and accessible. This home may also be reimagined as a 3, 4, 5, 6 Unit condominium development or Multifamily. This unique AS-IS offering will also transfer full architectural plans & permits for a 3 unit condominium Greystone. King Drive is offering condos from 500K right now! Needs full renovation! MLS suggested I could only list this as a 6 flat..it is a completely open SFH at this time...needs everything. Don't miss this gem!
Attention Investors!! Prepare to be impressed with this absolutely stunning 8 unit building in HOT BRONZEVILLE!! Owners have meticulously maintained this property and with every update have updated to City of Chicago condo code (electrical and plumbing pre-prepped for condo conversion). Huge units - three 4-bedroom, 2 bath units (1950 SF), three 3-bedroom +sun parlor, 2 bath units (1950 SF), 2 smaller basement units. Extremely Rare Brazilian Birch Flooring throughout most of the building (including most molding and built-ins). Super energy efficient heating system and hot water system. Most wooden windows (with storm windows) were retro-fitted, others replaced with double pane vinyl. Solid brick building with two garages, 1 brick 2 car, 1 frame 1 car. $90,000 back porch project - all porches/stairs/cement completely replaced. Restored Italian marble vestibule with mahogany door. Too many great things to list! Come see for yourself. Fantastic investment opportunity!
Incredible commercial corner location currently used as a restaurant in prime Bronzeville commercial corridor. High traffic and walk-up area on major public transportation line. Current tenant is on a 3 year lease to expire in 2022 with a rental amount of $3200/month and pays all utilities. Roof is 10 years old, AC/Furnace and H2O is 5 years old. Great turnkey investment.