The median home value in Chicago, IL is $400,000.
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 $400,000.
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!
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Introducing an exceptional new construction investment opportunity, this sleek and sophisticated six-unit building offers the perfect combination of luxury and functionality. Oversized deep lot creates expansive layouts, providing large living and bedroom spaces. The building comprises of Two 4-bedroom, 2.5-bath duplex down homes -Two 2-bedroom, 2-bath simplex middle floor units - and Two 2-bedroom, 2-bath penthouse units with interior staircases to private roof decks including an oversized doghouse with wet bars. Each unit is thoughtfully designed with an emphasis on quality and style, featuring: Brand-new gourmet kitchens equipped with professional-grade appliances, stone countertops, and full-height backsplashes. Custom bathrooms with luxurious finishes including heated floors and steam showers. The building is secured with gated, private parking, offering a designated space for each unit, including power for electric vehicles. The standout facade combines timeless brick and limestone, creating a visually stunning exterior that makes a statement. Top-tier construction with concrete soundproofing, hardwood floors throughout, and custom trim in every detail. Built to condo-quality standards, this property offers durability and luxury in one investment package. Whether for long-term rental or future resale, this is an unparalleled opportunity for premium urban living.
Here's a cleaner, more professional version of your listing post: 7,500 SF Office/Warehouse Building with M1-1 Zoning on heavy traffic street of Fullerton Ave. Versatile 7,500 square foot building zoned M1-1, featuring a mix of office space and industrial warehouse space with high ceilings, ample utilities and power, and two drive-in doors. The property includes gated rear parking with additional spaces available, and potential for indoor parking if needed. Ideal for a wide range of businesses seeking a combination of office and warehouse/industrial space. Located on high-traffic Fullerton Avenue, close to multiple public transportation options.
JAMESON COMMERCIAL IS PLEASED TO OFFER FOR LEASE 16,633 SF OF PRIME WAREHOUSE/OFFICE/RETAIL SPACE IN EAST LOGAN SQUARE, WITH EASY ACCESS TO I-90/94 (297K ADV) AND METRA UNION PACIFIC NORTHWEST LINE, WITH POTENTIAL FOR SIGNAGE/BILLBOARD ON BUILDING AND/OR AFFIXED CELL TOWER. BUILDING ORIGINALLY CONSTRUCTED IN 1909, WITH CONCRETE FOUNDATION, BRICK EXTREIOR AND TIMBER & RUBBER FLAT ROOF. INTERIOR COMPRISED OF APPOXIMATELY 12,000 SF OF WAREHOUSE & 6,600 OFFICE/RETAIL SPACE, WITH VARIANT 12' TO 23' CEILING HEIGHTS THROUGHOUT. POTENTIAL FOR UP TO 12 OFFICES (ASIS), AND ROUGHLY 200' OF RETAIL FRONTAGE. INCLUDES 3 DRIVE-IN BAY DOORS, AND 1 FLUSH LOADING DOCK. GARAGE PARKING ACROSS THE STREET, OR EASY STREET PARKING. ADJACENT TO MAPLEWOOD BREWERY & KITCHEN, AND WALK TO TARGET, HOME DEPOT, REGAL CINEMA NORTH, XSPORT FITNESS +++
Jameson Commercial is pleased to offer for lease 16,633 sf of prime warehouse/office/retail space in east Logan Square, with easy access to I-90/94, and public transportation. Excellent visibility from I-90/94 (297k ADV) and Metra Union Pacific Northwest line, with potential for signage/billboard on building and/or affixed cell tower. Building originally constructed in 1908, with concrete foundation, brick exterior and timber & rubber flat roof. Interior comprised of approximately 12,000sf of warehouse & 6,600 office/retail space, with variant 12' to 23' ceiling heights throughout. Potential for up to 12 offices (as-is), and roughly 200' of retail frontage. Includes 3 drive-in bay doors, and 1 flush loading dock. Garage parking across the street, or permit street parking. Adjacent to Maplewood Brewery & Kitchen, and walk to Target, Home Depot, Regal Cinema City North, XSport Fitness +++
Introducing 2916 w 25th place a legal 5 unit property with an all-brick 4-unit building in the front and a coach house in the rear. Conveniently located close to all that little village has to offer. It is perfect for either an owner-occupant or an investor. this property is a fantastic investment. The building is commuter-friendly, with nearby shopping, dining, and recreational options. It's within walking distance to schools and public transportation, and just minutes from I-55 and I-290, providing easy access to downtown. this is an amazing income maker that is professionally managed grossing nearly 54k a year will all unit rented below market and room to raise rents significantly without doing much of anything. This is the unique multi-unit property you've been searching for. Schedule your tour today!
FIRST TIME ON THE MARKET IN 40 YEARS!---SIX UNITS---great investment opportunity in super-hot Pilsen! Well maintained property with three 2-bedrooms and three one-bedrooms. FIVE of the six units are very nicely rehabbed, the sixth one in decent condition, all have separate heat, 2R has actual AC. **The fourth level has the front half finished with a vacant studio, the rest is semi-finished--this could be a large seventh unit**, rear deck is also FOUR stories. Most mechanicals have been updated including plumbing, electrical, heating, hot water tanks, tuckpointing. Roof is in good condition as well. The rents are currently below market, cap rate at 4.3. 4 tenants are M-T-M, two are on leases. Two car garage will also add additional income. There is room to improve. Owner constantly get requests from the locals to rent there as well. At pro-forma numbers a cap rate of about 9.8 with the existing units OR about 10.3 if the fourth level is made into an additional unit. The Pink Line L is only a half block away, Both the Eisenhower and the Stevenson are only about 10 minutes away as well. This is a very accessible location, lots of shopping and restaurants are near by. ADDITIONAL DETAILS AVAILABLE BY EMAIL---just ask.
The subject property is improved with a 55,440 sf, two-story building formerly occupied by religious and day care facilities on just under an acre of land. Located on Fullerton Avenue, just west of the Logan Square Neighborhood, this property offers the ideal setup for another church, daycare, and/or redevelopment. This is a rare opportunity to find a building with a full-size indoor basketball court, banquet hall with commercial kitchen, sanctuary space for several hundred people and church offices. 7,480 SF of the first floor is also built out as a day care facility with its own private entrance on Fullerton Ave. The property includes a gated parking lot for 36 cars and is just down the street from the Healy Metra Stop.
Priced to sell brick 3 flat mixed-use building in the hot North Lawndale community!! Located near transportation, shopping, within a short walk to Altus and Menta Academies and 2.5 miles from STEM Magnet Academy. The property could qualify for numerous development, financial incentives or Community Recovery Act tax credit programs. The building offers a very nice commercial office/entertainment space with a meeting room/kitchenette and a 1/2 bathroom on the 1st floor, currently operated by the seller. The 2nd and 3rd floor have 2br/1ba apartments, the tenants pay their own utilities, each apartment has its own furnace, water heater, washer and dryer. Both are M/Month for flexibility for investors or owner occupant buyers. Unfinished full basement. Some repairs have been completed, roof has been sealed but interior ceilings and floors have not been repaired. The property has great potential and at the revenue indicated it is a great buy. Sold as-is. Show and write ASAP!
This is one of those rare buildings that tells a story the moment you walk through the door. Each unit holds onto original features like beautiful woodwork and hardwood floors-now waiting for someone with a good eye and a little craftsmanship to bring them back to life. Sun porches in every unit fill the rooms with natural light throughout the day and add a warm, relaxing feel in the evenings.One of the units includes 1.1 baths, offering a flexible layout, and the first-floor apartments could be duplexed into the basement, which really would add value for additional rental income. Whether you're thinking rental income, owner-occupied with rental support, or even exploring a condo conversion, this building gives you the space and structure to build out your vision.The property also features six parking spots in the rear and a neat, well-kept back entryway. It's being sold as-is, and the buyer will be responsible for clearing out any remaining items in the units-but that also means a clean slate to make it their own.Your buyer must be able to see the potential where others may just see work, this building might be exactly what the buyer has been looking for. South Shore is rapidly evolving-with renewed interest from investors and developers, improved infrastructure, and cultural landmarks drawing attention from all over the city and beyond.
Corporately held Tavern & Retail Food licenses with real estate operating for 4 decades with the same ownership. The Alderman's office has agreed to go through a vetting process with a potential buyer regarding lifting the moratorium to allow for the grandfathering of the licenses though the purchase of the business' corporate stock. 44 feet of frontage on Addison & 125 feet deep; the building is adjacent to the CTA Brown Line Addison stop which had 373,330 commuters in 2024. CTA Addison Bus #152 had 2,135,761 commuters in 2024 going to and from Wrigley Field. The 2024 daily traffic count on Addison had 15,200 vehicles and 10,300 vehicles on Lincoln Ave. Interior ceiling height is 12 feet; the bar is 39 feet long. The Cork Lounge is on the east side of the building; the restaurant on the west side is on a month-to-month lease with the Cork Lounge's owner. The real estate is to be sold AS-IS. Proof of funds is required prior to scheduling a showing. Do not disturb the business and its employees.
Commercial Condo Listing - Old Town Chicago PRIME CORNER OPPORTUNITY: Turnkey Medical Spa in Prestigious Old Town.Discover this exceptional first-floor corner commercial condo, meticulously finished and currently configured as a sophisticated medical spa. This versatile space presents an extraordinary opportunity for healthcare professionals, wellness practitioners, or service-oriented businesses looking to establish a presence in one of Chicago's most coveted neighborhoods. Property Highlights:Impressive 12'-13' soaring ceilings create an expansive atmosphere. Premium corner location providing abundant natural light and superior visibility. Dedicated private restroom and additional service sink Independent HVAC system for personalized climate control Robust electrical infrastructure with 200 amp service Comprehensive security system for peace of mind Perfect for medical professionals, wellness providers, accounting firms, dental practices, legal offices, beauty enterprises, retail businesses, culinary ventures, or creative studios. Unmatched Location:Situated in a high-traffic corridor of Old Town with exceptional visibility, convenient access to public transportation, and surrounded by Chicago's finest dining, shopping, and entertainment destinations.Available FOR SALE OR LEASE - Inquire today to secure your business's future in this distinguished Old Town location.
Great investment opportunity in Back of the Yards! Solid brick mixed-use building featuring 6 residential units-four 2-bed units and two 1-bed units-plus 2 spacious storefronts and a full basement. This commercial property is being sold as-is, with no warranties or representations made by the seller. No survey will be provided, and the buyer is responsible for conducting all due diligence. Cash only. Buyer to verify all information. Property access is at the buyer's discretion.
Four rental units NOT subject to Northwest Side Housing Preservation Ordinance AND it's in Chicago Enterprise Zone #4. The Best of Avondale, walk to Kumas Korner, Dark Matter Coffee, Avondale Coffee, TriBeccas, Honey Butter Fried Chicken - TOO MUCH TO LIST! Approx 3000 sqft parking lot in rear to boot. See pertinent LISTING INFO in DOCUMENTS NO SHOWINGS UNTIL JUNE 2, 2025 Please have "Source of Funds" available for showings
Prime location for a restaurant in the B3-3 zoned property. Some equipment remains from the previous owner / operator. Possible construction of 4 units max in a 5384 sf building w/ minimum 800 sf ground floor commecial with 1600 sf of FAR on first floor, 1260 sf gross per floor in a 4 story building 3 units at 1000 sf net each. First floor restaurant is now vacant (with leftover equipment), and the second floor offers a spacious 3 bedroom 1 bathroom apartment that is currently rented on a M/M basis.
Two tenant retail center. Fully leased to the City of Chicago. Tenants are the Chicago Public Library and the Dept. of Family and Support Services.Library has been a tenant for 29 years. The Dept.of Family Services for 9 years. Property is well maintained.Newer 6 HVAC roof top units on service contract.Newer gutter and dowmspouts. Newer Library upgrades include: all new lighting fixtures, carpeting and painting. Library has a large kitchen area, and well used large meeting room.Family Services had 190k+ recent buildout.Pride of ownership. Ideal candidate for 1031 exchange.
LARGE CORNER LAND PARCEL OF 6 CITY LOTS. USE AS EXISTING OR CONVERT (TEAR-DOWN). 2 BRICK BUILDINGS :BUILDING-A (2-LEVEL CHURCH W SPACE FOR ABOUT 180 ATTENDEES,WITH 2 OFFICES, KITCHEN AND 3 BATHROOMS), IS CONNECTED TO BUILDING-B (3-LEVEL SCHOOL WITH BANQUET HALL, 7 BATHROOMS, 4 BRS & KITCHEN AND 2.5 BATHS ON SECOND FLOOR), BUILDINGS APPROX. 12,000 SQ - PLENTY OF PARKING, CURRENTLY 21 PARKING SPOTS BUT SPACE FOR MORE. LOT SIZE 19,228 ASF. PROPERTY NEEDS UPDATING OR PERFECT DEVELOPMENT OPPORTUNITY. CURRENT ZONING RS-2. MINUTES FROM SHABBONAH PARK WHICH OFFERS INDOOR POOL. LOCATED BETWEEN BELMONT/CENTRAL, SCHORSCH VILLAGE AND PORTAGE PARK. SOLD ASIS.
Beautiful brick 6-unit apartment building waiting for the right investor! Individual heating and electric. The owner only pays for common area.
Attention Serious Rehabbers and Investors! Enter into a true testament of a bygone era. This historic 5-unit Greystone in East Garfield offers incredible potential for the right visionary. The expansive 4-bedroom owner's unit showcases striking original features-gorgeous leaded and art glass windows, intricately carved woodwork, massive rooms with ornate columns, and stunning built-in cabinetry in the dining room. This is not a project for the meek or inexperienced. A full-scale renovation is required, and we are seeking serious, seasoned contractors only. But for those ready to take on the challenge, the reward is the opportunity to restore this diamond in the rough into a property you'll be proud of. Located near parks, public schools, and transportation, this Greystone combines rich history with great urban access. Important Notes: *Shown by appointment only on designated days. *Extreme caution must be used when touring. *The seller also owns the lot directly east of the building, which is not for sale at this time.
Email listing agent for full marketing package. The rarity of this boutique apartment building in Chicago's prestigious Gold Coast presents a unique opportunity. Few buildings of similar size exist in such a prime location, and they almost never come to market. This is an opportunity to acquire a legacy building. Just a 5-minute walk to the Magnificent Mile, Rush Street, Oak Street, and the Chicago Ave Red Line, and a 15-minute walk to Oak Street Beach, this location is unbeatable. Featuring 10-foot ceilings and bay windows with views of tree-lined Chestnut Street, this building exudes hard-to-find old-world charm. The well-maintained 8-unit property, complete with 4 exterior parking spaces, offers value-add investors the chance to enhance its value by modernizing the units. Situated on a 4,082 sq ft lot zoned DR-3, consult your zoning attorney, architect, and contractor to explore the potential of adding basement units for additional income.
Commercial Opportunity at 717 N Cicero Ave, Chicago, IL 60644 Located in a high-traffic area with excellent visibility, this property offers a place ideal for various commercial uses. The zoning allows for a range of applications, including retail businesses, offices, warehouses, and potential mixed-use developments, making it a versatile investment. Additionally, its location on Cicero Avenue provides immediate access to a wide variety of services, businesses, and public transportation, ensuring strong connectivity and customer flow. With its combination of space, strategic location, and flexible usage options, this property presents an excellent opportunity for investors and entrepreneurs looking to maximize their potential in the Chicago market. Contact CO-listing Agent for more details!
7500 sq foot brick commercial building on Ogden directly next to the Central Park Metra stop. 6 exterior docs and parking capacity for up to 30 vehicles.
Hunter's Realty, Inc is pleased to announce this rare opportunity to own this large commercial space inclusive of 6 - 1200 sq ft store fronts combined into over 7200 sq ft sitting on a 15,762 sq ft Lot. Could be converted back to 6 individual spaces or continue to use as an open contiguous space. Zoned C1-1 for a variety of uses with a 26k daily traffic count makes this commercial highly visible, plus parking for up to 25 cars in rear 8500 sq ft parking lot. Property has new roof in 2024 and 14'5 ceiling height. Currently used as a church
Hunter's Realty, Inc is pleased to announce this rare opportunity to own this large commercial space inclusive of 6 - 1200 sq ft store fronts combined into over 7200 sq ft sitting on a 15,762 sq ft Lot. Could be converted back to 6 individual spaces or continue to use as an open contiguous space. Zoned C1-1 for a variety of uses with a 26k daily traffic count makes this commercial highly visible, plus parking for up to 25 cars in rear 8500 sq ft parking lot. Property has new roof in 2024 and 14'5 ceiling height. Currently used as a church
Essex 312, LLC has been exclusively engaged to market the sale of 1725 N Burling St., a three-story commercial office building in the heart of Lincoln Park neighborhood. This well-equipped and highly functional commercial office building presents a rare opportunity for investors or owner-users seeking a modern, infrastructure-rich office. The property offers a large conference room for meetings, as well as shared workspace and personal desks on both the second and basement levels. Common space includes 2 bathrooms, a kitchen, and ample storage closets throughout. A shared elevator with the condo building next door offers ADA-compliant wheelchair entry from the main lobby, as well as integrated keypad security and a fire annunciator system also connected to the neighboring building for enhanced safety and compliance. The interior offers a professional environment enhanced by radiant floor heating beneath hardwood on the first floor, modern LED recessed and track lighting, and individual HVAC controls on the first and second floor, and an additional split HVAC system for the lower level. Utility infrastructure is robust, featuring a main water shut-off, individual gas and electric meters, and both ejector and sump pumps for wastewater and rain drainage. Technology needs are well accommodated with Cat6 network cabling throughout all levels, a central server setup in the lower level, and a dedicated Comcast cable line that runs from the rear of the building. Shared elements include garbage service and building systems tied into the adjacent property, including elevator access to a shared rooftop.