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Multi-Family Homes for Sale

Scroll down to browse multi-family homes for sale in Northwest Indiana, Central Illinois, and the Chicago Southland. Select a listing below to learn more about it. Create an account with McColly Real Estate to save your favorite multi-family home listings and to receive email notifications when similar properties become available. 

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3644 North ALBANY Chicago IL 60618

Chicago, IL3644 North ALBANY Avenue

Price$500,000

Est. Mortgage: $/month

Active With Contract

MLS Number 10327421

  • MultiFamily Residential Income
  • Bedrooms 6
  • Bathroom 3
  • Square Feet 2,646
  • Garage Spaces 2

Welcome home to an immaculately maintained, all brick, 2-unit building that is move-in ready condition, and in an excellent area! You can live in one unit and rent out the other units to reduce your mortgage payment, or you can rent out all units! Each unit features h/w flooring, a formal LR/DR, two (2) spacious bedrooms with generous closet space, an in-unit washer/dryer, and many large windows for that natural, crisp sunlight. Then, enjoy the large kitchen with its beautiful cabinetry and its s/s appliance set! Each unit can easily rent for $1,400 per month. Go with FHA financing at 3.5% down for a mortgage payment of about $3,025/month and then subtract out the rental income from one of the units for a net payment of $1,625/month. Go with conventional financing at 20% down for a mortgage payment of about $2,650/month and then subtract out the rental income from one of the units for a net payment of $1,250/month. NOTE: All highest-and-best offers are due by 8 pm on April 7, 2019.

Listed by Keller Williams Chicago-O'Hare

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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2123 West 110th Chicago IL 60643

Chicago, IL2123 West 110th Street

Price$299,000

Est. Mortgage: $/month

MLS Number 10325062

  • MultiFamily Residential Income
  • Bedrooms 4
  • Bathroom 2
  • Year Built 1897

Come and see the beautiful work that has been done to the second floor unit!! Unique opportunity to own this fabulous 2-flat in a quiet, residential neighborhood! This property is located on a beautiful beverly/morgan park tree-lined street.50x150 ft lot! Keep it as an income producing 2-flat...Move in one unit and rent the other or transform it into a wonderful single family home (originally built as sfr)...Possibilities are endless and waiting for your ideas!!

Listed by Fitzgerald Real Estate Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1650 North Mayfield Chicago IL 60639
Active With Contract

MLS Number 10315119

  • MultiFamily Residential Income
  • Bedrooms 8
  • Bathroom 3
  • Year Built 1919

Wow! Amazing huge legal 2 flat !! Come & cash flow right away! Great for investment or family nothing to do! All re-done !Features two large 3br,1 bths units w/den, beautiful living and dinning room plus large updated kitchens & baths.Newer roof, tuck pointing, mechanicals and much more!! Exterior & interior is maintenance free ! All utilities paid my tenants, everyone has own furnace,water heater,laundry in unit ! 3 of each ! 3 incomes ! Admire that amazing yard & huge 2 garage! Close to all, shopping, schools. Parks ! Too much to say. Come & see this !! You will love it !! Priced to sell! Hurry bring an offer !!

Listed by Interdome Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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3347-49 West Pierce Chicago IL 60651

MLS Number 10280004

  • MultiFamily Residential Income
  • Bedrooms 10
  • Bathroom 4
  • Year Built 1920

Solid brick four flat with off street parking for three units (could easily be modified to accommodate 4 cars), just steps from Humboldt Park and the 606 trail. Unusual two entrance design creates the intimacy of two two flats. Each unit has individual central heating and air conditioning, granite counters, stainless appliances, hardwood floors. Windows were replaced in 2005. Upper floor units each have private balconies. Leased laundry equipment in full basement. All rents are well below market. Units are all month to month, allowing for new owner flexibility. First floor apartment at 3049 Pierce offers opportunity to duplex to basement for large owner's unit.

Listed by Phoenix Partners 2, LLC.

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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536 CHAMBERS Ottawa IL 61350

Ottawa, IL536 CHAMBERS Street

Price$84,000

Est. Mortgage: $/month

MLS Number 10277950

  • MultiFamily Residential Income
  • Bedrooms 2
  • Bathroom 2
  • Square Feet 2,166

Ideal Investment property. 2-Unit on Ottawa's south side. Each unit has 2 bedrooms (11x12), Dining room, (14x13) large kitchen with table space. Front and back entrance. Large enclosed porch. Separate fenced in back yards. Separate off street parking. AC and gas forced air heat. Separate meters for gas and electric. Water paid by landlord. Newer roof and siding (2011). All dimensions are approximate.

Listed by HomeSmart Realty Group

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1059 North Ridgeway Chicago IL 60651
Active With Contract

MLS Number 10256988

  • MultiFamily Residential Income
  • Bedrooms 5
  • Bathroom 2
  • Year Built 1905
  • Garage Spaces 4

Excellent investment opportunity . Two flat plus full basement.

Listed by Prestige Realty, Inc

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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6337 South Francisco Chicago IL 60629
Active With Contract

MLS Number 10254238

  • MultiFamily Residential Income
  • Bedrooms 6
  • Bathroom 3
  • Year Built 1914
  • Garage Spaces 2

Brick Bungalow with 2 units. Income generator. Main level features 3 bedrooms with hardwood floors. 2nd unit has 3 bedrooms and finished basement has 2 bedrooms and full bath. Buyer to assume any violations or liens if any. This property is being Sold As-Is. SHORT SALE. Bank Approved Price

Listed by Extreme Realty LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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4543 South Drake Chicago IL 60632

Chicago, IL4543 South Drake Avenue

Price$429,900

Est. Mortgage: $/month

MLS Number 10159787

  • MultiFamily Residential Income
  • Bedrooms 6
  • Bathroom 3
  • Year Built 1977
  • Garage Spaces 2

Owner wants quick sale!! Bring in all reasonable offers!! Gorgeous brick 2 flat w/2 car garage!! Fin base w/ 3 rms-1 bed-1 bath-poss rel liv!! Each apt. Has its own boiler, elect, & hwt!! Buyer must be pre-approved!! Drive by outside before setting appts!! Close to everything!!

Listed by Americorp, Ltd

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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8123 South Escanaba Chicago IL 60617

MLS Number 10158562

  • MultiFamily Residential Income
  • Bedrooms 6
  • Bathroom 3
  • Year Built 1890
  • Square Feet 2,000

Great 2 flat with additional living space in the basement. 2 car detached garage with fenced yard. Very spacious apartments. Great investment opportunity.

Listed by RE/MAX 10

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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3515 E 9th Avenue Gary IN 46409

Gary, IN3515 E 9th Avenue

Price$85,000

Est. Mortgage: $/month

MLS Number 447318

  • MultiFamily
  • Year Built 1924
  • Acreage 0.19
  • Bedrooms 8
  • County Lake

A solid brick 4 unit building featuring 4 2 bedroom units, all on a large lot, with a 2 car detached garage. Each unit has its own gas forced air heating system, window air conditioner, and hot water heater. The tenant pays all utilities, except water

Listed by Century 21 Affiliated

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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5109 MCCULLOM LAKE Mchenry IL 60050

Mchenry, IL5109 MCCULLOM LAKE Road

Price$450,000

Est. Mortgage: $/month

MLS Number 10150813

  • MultiFamily Residential Income
  • Bedrooms 6
  • Bathroom 4
  • Square Feet 4,320
  • Garage Spaces 1

Looking for an investment? Well maintained 4 unit building with 1.5 car attached garage for each 2 bedroom unit and off street parking. Many new upgrades that include 25 year shingles, hot water, air conditioning, and much more this building has been well cared for and is easy to rent. All units currently rented! Washer dryer hook-ups. Everything is electric.

Listed by RE/MAX Plaza

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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3941 West Polk Chicago IL 60624

Chicago, IL3941 West Polk Street

Price$84,900

Est. Mortgage: $/month

Pending

MLS Number 10144985

  • MultiFamily Residential Income
  • Bedrooms 7
  • Bathroom 2
  • Year Built 1893
  • Garage Spaces 2

Strong grey stone solid neighbor shows well agent available to show short notice. Needs t.L.C.

Listed by Citywide Investor Inc

$
$
%
$/month over payments
Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

Based on information submitted to MRED  as of October 19, 2020 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

© 2020 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®

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