The median home value in Chicago, IL is $270,000.
the county median home value of $197,800.
The national median home value is $185,800.
The average price of homes sold in Chicago, IL is $270,000.
Approximately 38.58% of Chicago homes are owned,
compared to 47.81% rented, while
13.62% are vacant.
Chicago real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today! Learn more about Chicago Real Estate.
Rarely available brick mixed-use on corner double lot in an up & coming area. 2 businesses w/ long-time leases, plus 4 apartments w/ long-time tenants. All updated apartments have been very well maintained, nothing left to do but start collecting rents! Huge privacy iron fence all around. Note the LOW TAXES!
This property needs work and is being sold AS IS. Perfect opportunity for value add investor to build sweat equity. Located in the Avalon Park neighborhood of Chicago walking distance to the 79th Street Metra train station and a short drive to I(90). Great opportunity to rehab units and increase rents. The property has parking for (4) cars to the back of the site.
Opportunity knocks! Thriving restaurant space is located on super busy Milwaukee Avenue which thousands of cars drive by daily. Building has spacious L-shaped dining area with ceramic tile floor. All kitchen equipment stays including brand new dishwasher and exhaust system. New roof was completed in 2015. There is a dual zoned air conditioning system. Parking lot located in the back of the building has 4-6 spaces. His and hers separate bathrooms have ceramic tile floor and newer fixtures. Front window exposure is perfect for advertising your product/menu. Ample street parking awaits your customers.Tremendous location, high traffic street, great visibility! Come see for yourself! Hurry!
The property is a 12,000 +/- garage building with an additional side lot north of the property with 50' frontage on Cicero. 18,250 land aggregate. 3 overhead doors, paint booth, 14' clearspan ceilings. Call listing agent for appointment or information.
Updated Commercial Condo in Great area near Belmont train station and Wrigley Field. Great opportunity to Buy this Commercial Condo in Lakeview. Floor plan has conference room plus a 3 Private offices, 1 1/2 bathrooms and kitchen area.
An armchair investment, the subject property is a 5 unit apartment building w/ coach house. 6 Units total. Located on corner lot, all units have been rehabbed few years ago. All separate mechanicals. In unit furnaces, water heaters. New kitchen cabinets, new Windows, hardwood floors and updated electrical. Strong cash flow with long term tenants. 4 subsidized rentals and 2 market. Property manger is willing to stay if new owner is interested.
This cash flow machine is up for election and looking for a new President! This 8 unit brick multi-family in the Marquette Park neighborhood of Chicago is newly renovated with only 3 vacant units! All units are 1 bed, 1 bath! $5,145 per month in rental revenue! 10.3% cap rate! $61,740 in gross annual rental income! Over $33,000 in net operating income! Tenants pay their own water and electric! Located in an excellent area that is surrounded by single family homes! Investors, the numbers speak for themselves, please act swiftly as this opportunity is priced to sell quickly!
Medical space on Central Avenue in the Clearing neighborhood of Chicago. Near Midway airport. Approximately, 2,600 total square feet. Endless opportunities. This brick building features five examination room, waiting and reception area with bathroom, and two private bathrooms. Three staff parking spaces in the rear of the building. All furniture and medical equipment stays and is included in the listing price. Take a tour and bring your entrepreneurial vision.
This well cared for, clean, recently updated building sits on one of Belmont Cragin neighborhood's main business thoroughfare streets and is zoned B3-1. Buy and collect rental income of $3100/month or reconfigure space for your own business needs. Large 3bed / 2bath apartment upstairs, full basement for extra storage, newer hvac, and up to 6 parking spots in the rear. Great location!
TRUE 13% CAP RATE on quality, stable single tenant property on high traffic stoplight corner. Tenant has been there for 10 years and just signed new 5-year lease at $4,000/month. Owner pays taxes and insurance - estimated at $15,000/year. Tenant pays all other expenses. $40 sf with tons of upside and painless management. 7 blocks from the Lake.
Mixed use building in the heart of downtown / loop near state street and Michigan Ave. 3 story building with restaurant and offices. Building and restaurant Business for sale. Fully built out basement and roof top access. Building has elevator to all floors, sprinkler system and much more. Building fully occupied and updated in the last few years. Contact broker for NDA to acquire additional info.
A Perfect investment on a quiet street in the Chatham community. Renovations taking place now! Good cash flow that will increase! This stunning nine unit multi family building is well maintained building is across the street from Metra, easy access to downtown Chicago on a beautifully landscaped park like street! This property is walking distance to Chicago State and to the 87th and Cottage grove shopping district. Tenants pay their own cooking gas and electricity. This multi family is perfect for your special touches to create an income generator for years to come. Let's make a deal. Qualified buyers only!
Come take over a professionally managed cash-flowing business ready for a new CEO! This 6 unit brick multi-family in the Englewood neighborhood of Chicago is fully leased and completely renovated! All units are 2 bed, 1 bath with one 3 bed, 1 bath unit! $5,000 per month in rental revenue! 11.7% cap rate! Over $32,000 in net operating income! All units have separate meters, tenants pay their own heating, water and electric! Located in an excellent area and in a high demand rental pocket! Investors, the numbers speak for themselves, please act swiftly as this opportunity is priced to sell quickly!
Great investment property occupied by a well established restaurant for sale . Buyer can not assume the existing business name or logo (No Transfer of Name or Corporate Name as N.O.K Or Noon O Kabab . All the restaurant equipment are included in the sale except 2 of them. The new Buyer can keep it as a restaurant with a different name & menu . This building is located at a very busy & high traffic intersection of Milwaukee ave & Elston ave. Plenty of Parking . Great Location for A Cafe, Hookah Lounge or Starbucks Coffee .
Opportunity is knocking!! Long time owner selling this fabulous 5 unit building!! Located in great area of other multi-family buildings. Walk to Blue line/CTA. Easy access to I-90 and O'Hare. 1 block from park. Rents can be higher -- long term tenants. All month to month but will stay! Note: 2 units currently vacant -- perfect for an owner who wants to occupy! If not, the units rent very quickly due to the convenience of the building and the well-maintained units. Hardwood floors throughout! 2 car attached garage off alley with additional parking spots. Basement with coin laundry and storage unit for each tenant. What a great investment!! Won't last long!!
This three story brick building will surprise you! It has five income producing units...An awesome opportunity for a "savvy" investor. Full basement with space galore... plenty of storage, full bath, great for entertaining and additional living space, Huge back yard, two car garage for potential extra income, 75 gallon Richmond Water tank, Peerless Furnace, Circuit Breakers..This building is Vacant and need some updating, Sold As Is, 100% tax proration, No disclosures, Rents are projected.. 24 hour notice required, Showings before 6:00 P.M. bring a flash light