The median home value in Chicago, IL is $360,000.
the county median home value of $267,250.
The national median home value is $277,796.
The average price of homes sold in Chicago, IL is $360,000.
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.
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This is a GREAT Investment in a GREAT location! So many changes coming to the area don't miss out on owning a solid property! This building has been owned by the same person for over 30 years and has been kept in good condition. The apartments have nice size bedrooms and spacious living rooms and dining rooms. The total square footage for each apartment is about 1200. There are newer windows and all the lintels were replaced on the front of the building; which also has been tuckpointed. The roof is 9 years old and a new boiler and a hot water tank have all been replaced in the last 5 years. The owner is in the process of revamping two vacancies for rental. The hallway and entrance to the building are being painted. The property has two nice basements and a four-car brick garage. With the Obama center coming and the close proximity to Lake Michigan and easy access to Downtown, this is an area not to be missed for the savvy investor!! Current rents are below the market rate for the area... I see the future and this is an ideal property for condo conversion. SHOW AND SELL! THIS IS THE ONE!
4 Unit mixed use building in the heart of Lincoln Park across from Francis Parker School and steps to Lincoln Park Zoo and the lake. 3 residential units and 1 retail space. Building updated in the last few years with new porch/deck system, and rehabbed kitchens and bathrooms. Parking in rear for 2 cars tandem. 1st floor unit set as live work. Easy access to all restaurants, bars and activities making this a great location for tenants. Building always leased with room to grow in rents. Easy access to Lake Shore drive and bus stops directly outside with Divvy stations within a block.
Excellent opportunity to give your business exposure on busy 63rd ST with great traffic count! This property is ideal for a growing business. Commercial space is nearly 2000sqft with a great open layout, 2 baths, and access to backyard. Full unfinished basement for additional storage. 2nd floor is a 3 bed 2 bath apartment ready for your finishing touches. Large backyard with 1 car brick garage. Recent upgrades include: NEWER FURNACE, NEWER PLUMBING, NEWER ROOF. Zoning allows for a variety of businesses. LOW taxes and great rental income is ideal for any small business looking to expand! Schedule your showing before it's gone.
NEWLY RENOVATED OFFICE or Medical- Commercial condo in the Outer Drive East Condominium building. The unit has been completely gutted concrete to concrete - drywall/plaster to drywall/plaster: new lights, new ceilings, new floors, newly resurfaced walls, new LVP flooring. Owners have the right to use the building amenities. Building amenities include a 5-star "resort-like" health club and spa. Basketball, racquetball, ping-pong, free weights, machine weights, cardio, winter garden, child's playroom, famous geodesic year-round sunny pool, saunas, and steam rooms. A new multi-function room with an open kitchen and media space. Past owners/renters used as a hair salon and an appraisal office.
Live, Work, Build, create what you have always wanted in This Prime West Bucktown Mixed Use Building. Large Retail space allows for Restaurant, Office Space or Store Front , While 2 Residential Units give you the Financial Income Producing Security you Want! TLC needed and Development opportunity with $5-7k monthly cashflow possible. First floor unit can be converted to 2 separate units! See floorplans for more inspiration! 2 Parking Spaces in the back .
Investors - Developers - Entrepreneurs - Speculators - Small Business Owner/Operators! Existing single-story structure. Ideal Chicago northwest side location for existing retail - or - redevelopment with retail ground floor & 2 apartments above or 3 dwelling units with no commercial ground floor. If you decide commercial, it has great visibility. The daily traffic count passing the building on Irving Park Rd. is roughly 31,000. If you decide to add dwelling units, the building already has a strong foundation and the building is structurally strong to give you a great start to the redevelopment. Your tenants will have a beautiful view overlooking expansive Merrimac Park, which is located across the street. Very conducive to an active lifestyle and/or family with kids. Also located across Narragansett Ave. from a large Shopping Plaza that includes Jewel, Bank of America, Josephs Jewelers, AthletiCo H&D Nail Salon, Dunkin Donuts, Subway & more. It's also located just one mile from the iconic Harlem-Irving Plaza Mall and its dozens of boutique shops. Zoning was changed from B3-1 to B2-2 in Feb. 2021. If you're not familiar with Chicago zoning and the opportunity for redevelopment, please consult a trusted source that is familiar with those ordinances before requesting a showing. The building has approximately 2,500 sq. ft. with the added value of a basement with the same sq. ft. Being offered AS-IS. Serious inquiries only please. Must provide POF or preapproval before showing is confirmed. 24 hour notice required as LA must attend.
Rare find 6 flat, the second floor until has been converted to 1 unit on both sides, Perfect for investor who wants to live at property and rent out other 4 units. The building has two address 5828 and 5830 both with separate basement units. The other four units are fully occupied with long term tenants. Scheduled your appt before it gone.
GREAT INVESTMENT OPPORTUNITY! 2 story brick mixed-use building. 1st floor commercial storefront with open layout. 2nd floor has two 2-bedroom/1-bathroom apartments. Property in need of full renovation and to be sold "As Is". Property information is not guaranteed. Buyer must perform their own due diligence and verify room counts and sizes. Utilities are off and won't be turned on for inspections. MOTIVATED SELLER, ALL REASONABLE OFFERS WILL BE CONSIDERED. Cash or line of credit offers only. Proof of funds and signed waiver required prior to scheduling showing. ENTER AT YOUR OWN RISK.
Great opportunity to own a Large Frame multi unit, 2 Car Garage
Rehabbed six flat, Condo Deconversion with all separate heating and air conditioning, in unbeatable Bucktown location. All units have granite counters, stainless steel appliances, oak hardwood floors and washer/dryer in unit. All units above grade with huge basement for additional tenant storage. Newer electricity, tuckpointing, walls, floors, windows, appliances throughout the building. Three 3 BR/2 bath units. Three 2 BR/1 bath units.
Beautiful Brick 6 unit in the heart of Ukrainian Village! 2bd/1ba each, this property has tremendous upside rental potential. Dine-in kitchens, hardwood floors, separate living and dining rooms, central HVAC, and enclosed balconies. Located minutes from the Blue Line CTA, Big Star, Wicker Park, and just blocks from Division Street and all the amazing dining, nightlife, and shopping options. This is the ideal arm chair investment and watch as it continues to increase in rents and appreciate in value!
NICE MIXED USE PROPERTY LOCATED IN THE ROSELAND AREA CONSISTING OF 1 COMMERCIAL SPACE AND 2 RESIDENTIAL UNITS. 1ST FLOOR UNIT - 3 BEDROOMS, 1 BATHROOM. 2ND FLOOR UNIT - CURRENTLY 6 BEDROOMS, 1 BATHROOM. OWNER WAS RENTING OUT INDIVIDUAL ROOMS ON 2ND FLOOR, CAN BE CONVERTED. DOUBLE BASEMENT, 2 CAR GARAGE DETACHED, SOME NEWER WINDOWS, FORCED AIR HEATING. LOTS OF USES FOR COMMERCIAL SPACE. IN NEED OF REPAIRS, THE RIGHT BUYER CAN TURN THIS INTO A GREAT INVESTMENT PROPERTY. GOOD TRAFFIC ON 107TH. Greater Roseland is one of 10 priority communities selected as a part of the initial phase of Mayor Lightfoot's INVEST South/West commercial corridor improvement strategy. Article under "Additional Info" tab. MINUTES AWAY FROM THE PULLMAN NATIONAL MONUMENT AND I94 EXPRESSWAY. MAKE AN OFFER TODAY!!
ESTATE SALE, SOLD AS IS! FANTASTIC TURN-KEY INVESTMENT OPPORTUNITY IN A VERY HOT AREA ON CONSTANTLY BUSY CAR TRAFFIC MILWAUKEE AVE, BETWEEN SIX CORNES & POPULAR JEFFERSON PARK!!!GREAT BUILDING OF TOTAL 3 UNITS; HUGE 1st FL FRONT COMMERCIAL SPACE (CURRENTLY BEAUTY SALON), TWO APARTMENTS AND FULL UNFINISHED BASEMENT. 2 CAR GARAGE AT REAR/OFF ALLEY. CLOSE TO SHOPPING, DINING, AND PUBLIC TRANSPORTATION. PROPERTY SOLD "AS IS" CONDITION.
INVESTOR SPECIAL! Store front with an apt upstairs! Would be great investment property! Sold AS IS
Clean and updated 7 unit building. Large storefront and 6 apartments. storefront has newer bathroom and furnace and was remodeled a few months ago. Six apartments above which are easy to rent. Close to transportation and business. Easy to manage, just hold and collect your rent.
Condo storefront in beautiful historic building located in the thriving West Ridge neighborhood. Low electric, assessments and taxes. Across the street from Warren Park, and the brand new Northtown Branch Public Library.
**Investor Special!~Amazing Opportunity to Own 7 Unit Building~Each Unit Has a Spacious Living Room, Eat-In Kitchen, 2 Good Sized Bedrooms, and Full Bathroom!~This Property Need a Complete Renovation But It Has Plenty Of Potential to Bring Your Ideal 7 Unit Property to Life~Don't Miss This Investment Opportunity, Close to Expressway!~SOLD AS IS** Click On Virtual Tour To Explore!**
Once in a lifetime opportunity to buy a large building in historic Motor Row in a qualified opportunity zone (and possibly other wonderful financial incentive programs). This 35,000 sq ft beauty is mere minutes away to multiple transportation options, interstate/highway access as well as shopping/nightlife. Situated right behind McCormick Place and close to restaurants/shopping. Brick, high ceilings (15-17ft depending on which floor), a 6000 lb freight elevator with a drive in door and amazing views from the rooftop.
Multi-purpose, commercial office building, 36,000+ sqft with soaring ceilings, 3 stories with a full size basement. Existing uses include an enormous gymnasium, music studio, cafeteria and kitchen, a multitude of offices, waiting areas, conference rooms, and storage areas. Commercial bathrooms located on every floor. Basement level is approximately 9000 sq ft and the ceiling height is 10 ft. Incredible views of the park and skyline from the rooftop. 2 blocks to the 606 and beautiful Humboldt Park. Direct access to North Avenue and California bus lines, and the Western Blue Line stop is a short walk away. I-90/94 is a 7 minute drive away. Walgreens, Family Dollar, Pizza Hut, Burger King, Metro PCS, AutoZone, GameStop, Cermak Fresh Grocery, Canine Crews, Wright College all within 4 blocks of the property. THIS PROPERTY IS LOCATED IN A TIF DISTRICT.
One-of-A-Kind Legacy Investment Opportunity set in Vibrant Bronzeville on Historic King Drive Offering 90%+ controlling majority stake. NOI $149939 represents 65% Stabilized Contiguous corner comprised of 14 residential units + + with significant separate 17 car secured parking lot offers abundant choice for numerous investment objectives. Intelligent design, expansive and diverse floorplans, unit mix offering includes but not limited to (5) extraordinary, sprawling 6 room 2 bedroom 2 baths (3) unbelievably enormous 3 bedroom 3 baths simplexes. Superior attention to detail in all aspects realized in high tenant retention rates. Refined living, endless appointments with unsurpassed opulence, premium millwork, professional grade kitchens, fireplaces, resort inspired bathrooms, individual HVAC, washer dryers in unit, custom closets, window treatments, dimmers, designer lighting, full slab and mitered edging are a soft sampling of the exhausting list of unit features. Apartment reviews yielded a maintenance level rarely encountered. Sale is inclusive of immediately adjacent @ 4945 S Calumet (behind 4954-58 King) expertly over-engineered 17 car parking lot, cement paved, lined, remote secured access, professionally landscaped with irrigation system prep. Parking System built-out with full plans and permits for permitted use. Palpable expansion opportunities for 2-3 ADU's. Center entry side by side 6 unit @350 E 50th. This value add hybrid requires complete renovation , all 2-bedroom 2.1 Bath inclusive of architectural plans designed as 8 envisioning 2 additional units below grade.The opportunity to scale further can be packaged with neighboring fully stablized 22 units + 10 parking spaces @ 4950 S King NOI $279,236/7 CAP and/or 4953-55 S Calumet Center Entry 8 units + 8 parking spaces. NOI $124,873 / 6.9 CAP Meticulous attention to detail in all aspects from skilled scaled veteran ownership team. Transparent, comprehensive scope of work, capital improvements rent roll, lease schedules and full financials available on request. Exceptional location provides urban intimacy coupled with hyper-convenience and strong proximity to U of C, Lakefront, Rush Medical Center, Loop, Green Line, Expressways. 48 hours notice to show. Rare opportunity to obtain a sizeable AA turnkey footprint strategically positioned for continue long term growth. See Agent Remarks for additional information
Attention Investors - ProForma Cap Rate 6.2! Extremely rare opportunity to acquire this trophy property fully leased (most leases end 2023). Come seize the opportunity to obtain this all brick, center-entry 6 flat beauty that speaks of yesteryear era! Impeccably maintained and the cleanest building you'll find. Same family ownership for nearly 50 years which shows in the pride of how well the building is kept. Investor's dream with strong financials (6.2 CAP Rate). These apartments are super-appealing, easy-to-rent apartments that appeal to a vast population of renters. All units have newly renovated kitchens with fresh white shaker cabinets and granite countertops. Further updates/improvements could significantly increase rents or keep as it is now as the perfect arm-chair investment! All six units are 2-bedroom/one-bath. Clean, bright apartments with original hardwood floors, generous room sizes and storage galore! There are 2 different floorplans. Both are seven-room layouts with enchanting light-filled treetop sunrooms, defined living spaces with separate living rooms highlighted by decorative fireplaces flanked by built-in bookcases. Full formal dining rooms and enclosed 3 season backporches that function as additional living space or even more storage! Also, each apartment includes an enormous private storage room in the basement. High, clean, dry basement with owned coin-operated laundry. Picturesque garden with grilling and seating areas. Corner, all brick six-car garage! Property is on an over-sized corner lot on a beautiful tree-lined street in the residential Edgewater neighborhood! Near all the shops and restaurants of super-hip Andersonville within walking distance to the new Metra station coming at Peterson/Ridge!
NEWLY RENOVATED OFFICE- Commercial condo with water access in the Outer Drive East Condominium building. The unit has been completely gutted concrete to concrete - drywall/plaster to drywall/plaster: new lights, new ceilings, new floors, newly resurfaced walls, new LVP flooring. The unit has water hookups, and an unfinished kitchen can be built out as a kitchen, small office, or storage. Owners have the right to use the building amenities. Building amenities include a 5-star "resort-like" health club and spa. Basketball, racquetball, ping-pong, free weights, machine weights, cardio, winter garden, child's playroom, famous geodesic year-round sunny pool, saunas, and steam rooms. A new multi-function room with an open kitchen and media space. Past owners/renters used as a hair salon and an appraisal office.
Southport Corridor commercial condo for sale across from Blaine Elementary School. Spacious 1,400 SF store space for your business need at affordable price. Why pay rent? Unit features open retail space with high ceiling and a bathroom with shower and kitchnette. Many improvements on the building in the last few years --- 8/2019 North wall gutter repair and concrete sealer, flashing between buildings ---- 6/2019 - Tuckpointing, caulking, masonry sealer water proofing brick, more new flashing ---- 4/2019 - New roof ---- 3/2019 - whole building exterior stone sealed ---- 3/2016 - entire common area retiled, stairs recarpeted, and all levels painted ---- 5/2015 - exterior back stairs rehabbed and painted.
Five residential Apartments/ and /one Store front all brick building investment in one of Chicago's growing neighborhoods Humboldt Park. Conveniently located steps away from public transportation and shopping. Five 2-bedroom/1-bath, Lv Rm apartments with 5 individual furnaces & hot water tanks in-unit and decorative fireplaces. All five (5) residential units similar in layout and condition. Updates in units has been done over years. The Store front on 1st floor is currently "a beauty salon" leased and has been by the same tenant for past 4 years or so. ALL current rents are WAY below market because of stable, LONG- time tenants (as long as 15 years) and No vacancies. All utilities paid by tenants. 7 meters and electric boxes as seen on photos. All mechanicals in good condition including some new furnaces and water heaters. Updated copper plumbing, electric circuit breakers. Well maintained rubber roof w/ silver coating. All plastic windows. Needs still some cosmetics. Full unfinished basement with utilities and for storage. 2- 3 parking spots on back yard. Same owner-occupied for 30+ years and has been taking care of his building.