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Multi-Family Real Estate for Sale


Scroll down to browse multi-family real estate for sale in Northwest Indiana, Central Illinois, and the Chicago Southland. Contact McColly Real Estate to schedule a tour of a property or if you have any questions. Create an account with McColly Real Estate to save your favorite multi-family listings and to receive email notifications when similar properties become available. 

8053 South Hermitage Avenue Chicago IL 60620

MLS Number 10779303

  • Multi-Family Two to Four Units
  • Bedrooms 8
  • Garage 2

Beautifully rehabbed legal three unit. Brand new EVERYTHING! Completely gutted to the studs. New electrical, plumbing, tuckpointing, original hardwood flloors, in unit laundry, large bedrooms, tons of natural light, dining room with seperate living room. Very spacious. There are 2 three bedroom units and there is 1 2bedroom unit in the garden level. Garden level is spacious with high celings and extra storage. 2 Car Garage in back. Live in one an rent out the other. Immediate cashflow! Perfect for an owner occupant investor or investor looking for immediiate cash flow. The garden unit and unit 1 are pending CHA Choice Voucher approval. Live in top floor owners unit mortgage FREE or third unit as cashflow for investor. This is an alreadt rehabbed cash cow! Easy to show

Listed by Chicago Homes Realty Group

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$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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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7943 South Ada Street Chicago IL 60620

Chicago, IL7943 South Ada Street

Price$389,000

Est. Mortgage: $/month

MLS Number 10777107

  • Multi-Family Two to Four Units
  • Bedrooms 10
  • Year Built 1917

This beautifully rehabbed 4-Unit Multifamily in the heart of Auburn Gresham community with all new appliances makes the perfect real estate investment for investors of all levels. Perfect for any house hackers! Utilities are separate, with new furnace installed in each unit. Updated bathrooms and kitchens for optimal space and storage. New Roof, and egress to the rear for all units. The front units are 3bd, 1 ba with fireplace and bonus sun room for additional living space! The rear units are 2bd, 1 ba with a bonus private balcony for outdoor enjoyment. New windows, full unfinished basement that can be utilized for storage or converted into two separate garden units for family living. 4th Unit will be furnished with appliances. Great Tenants and income producing opportunity, book your appointment today!

Listed by Family Pride Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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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2019 West Thomas Street Chicago IL 60622

Chicago, IL2019 West Thomas Street

Price$1,049,500

Est. Mortgage: $/month

MLS Number 10779320

  • Multi-Family Two to Four Units
  • Bedrooms 7
  • Garage 2

Matterport/3d virtual tour link available! Walk to retail/restaurants/nightlife & the blue line from this rarely available all brick wicker park/uk village turnkey legal 3-flat w/all units recently renovated to condo quality on beautiful/historic tree lined one-way street perfect for owner occupant or armchair investor featuring light flooded units w/custom ss/flat panel/quartz modern kitchens opening to huge living areas w/hardwood floors, bay windows + separate dining rooms, independent central heat/air + h20 & private laundry; top floor unit feat 3beds + expanded eat-in kitchen w/viking range; newly coated (2019) flat roof w/stairwell access to add potential deck; new (2019) water heaters; stable cash flow & units rent extremely quickly w/room to increase; large yard/patio w/2-car detached garage!

Listed by Berkshire Hathaway HomeServices Chicago

$
$
%
$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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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5720 North Western Avenue Chicago IL 60659

MLS Number 10779324

  • Multi-Family Two to Four Units
  • Bedrooms 2
  • Garage 4

Matterport/3d virtual tour link available! Incredibly rare opportunity for luxury living & operating your business without leaving home from this one of a kind custom designed all brick mixed use property steps to lincoln square/shops/restaurants, minutes from the expressway & lake shore dr & adjacent to a nature preserve featuring an impeccably maintained ultra versatile 2300 sqft main level commercial (c1-2) space w/13' ceilings currently configured as a general office area w/kitchenette & half bath + private office + private storage room leading to a huge workshop w/additional half bath & large garage bay w/4+ car parking; 2nd story (2008 addition) boasts spectacular 2300 sqft (w/additional 1000 sqft private roof deck) professionally designed 2 bed / 2.5 bath owner's unit featuring massive 50' x 22' open concept living area w/living/dining/rec space w/hardwood floors & wood burning fireplace into prof grade chef's kitchen w/custom island/cabinetry/skylights, large pantry & powder rm; large primary suite offers 2 walk-in closets, gas fireplace & luxe stone bath w/heated floors, double vanities, oversized shower w/steam, separate soaker tub, private w/c; huge guest bedroom (could easily divide for 3rd bedroom) w/en suite bath; 10' ceilings; side x side laundry room; integrated zoned speakers t/o; custom lighting; serene zen-like private roof deck w/treetop and skyline views featuring built-in kitchen, fire pit, pergola & water features; the ultimate live/work space!

Listed by Berkshire Hathaway HomeServices Chicago

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$
%
$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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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1044 West Diversey Parkway Chicago IL 60614

Chicago, IL1044 West Diversey Parkway

Price$2,199,500

Est. Mortgage: $/month

MLS Number 10755802

  • Multi-Family Two to Four Units
  • Bedrooms 8
  • Year Built 2015
  • Garage 3

All Brick Newer Construction 3 unit Investment Property in Lincoln Park! Built in 2015. Condo quality units. Gourmet kitchens with white cabinets, quartz counter tops, Wolf/Viking/Bosch appliances. Built out garage roof deck with pergola. Unit 1 is owner occupied( estimated rent $5250). 3 car garage. None of the garage spaces are currently rented. Roof deck for unit 3. Extra storage. Excellent location, close to the el, shops, and restaurants.

Listed by Compass

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$
%
$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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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2851 North Austin Avenue Chicago IL 60634

Chicago, IL2851 North Austin Avenue

Price$449,900

Est. Mortgage: $/month

MLS Number 10779396

  • Multi-Family Two to Four Units
  • Subdivision Belmont Central
  • Bedrooms 5
  • Year Built 1950
  • Acreage 0.08

Updated Brick 2 Flat with Full finished basement, that can generate high 17%* return on investment. Each apartment has 2 bedrooms plus tandem office, updated kitchens and bathrooms, large living-rooms and formal dining-rooms, hardwood floors, large closets. Basement has large living room updated kitchen with breakfast bar, updated bathroom, large bedrooms and office. Larger back yard due to longer lot 30x130. Fenced yard, 2 car brick garage with recently done tuckpointing, additional gated carport for 1 car. 4-year old roof, 1-year old steam boiler. Many new windows, updated electrical. Great location!!! Steps from Brickyard Shopping mall with many great stores. Walking distance to Riis Park that features Pool, Tennis courts, football filed, running track, park trail. Close to Metra. *17% was calculated for demonstration purposes only. Based on $3700 monthly rental income, 25% down payment, 3.75% 30-year loan, averages of past expenses. Each investor should not relay on this ROI and should calculate their own ROI based on their individual circumstances. Download attached ROI calculations.

Listed by Baird & Warner

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$
%
$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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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2523 West Chicago Avenue Chicago IL 60622

Chicago, IL2523 West Chicago Avenue

Price$740,000

Est. Mortgage: $/month

MLS Number 10779402

  • Multi-Family Two to Four Units
  • Bedrooms 5
  • Year Built 1885
  • Garage 2

Hot Ukrainian Village/West Town: Zoned C1-2, this property has been completely renovated throughout. Two flat, finished basement with built out storage, 2 car garage and landscaped yard. Zoning allows flexibility as a professional office. Quality appointments including 10-foot ceilings, stainless appliances, granite countertops and wood floors allow for clean contemporary living spaces.

Listed by Jameson Sotheby's Int'l Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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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232 West Oak Street Kankakee IL 60901

Kankakee, IL232 West Oak Street

Price$59,000

Est. Mortgage: $/month

MLS Number 10779127

  • Multi-Family Two to Four Units
  • Bedrooms 3
  • Year Built 1900
  • Acreage 0.05

Opportunity at a BARGAIN! This 2-unit home has a spacious 2BR, 1 bath main level apartment w/access to basement & laundry zone, and a studio apartment upstairs. Nice curb appeal, with clean siding & a great front porch; there is also a fenced backyard and sizable storage shed. Studio entrance is at side of house. Both flats need a considerable amount of work, but the property was always a steady income for the owner. Tenants have separate meters for gas & electric; owner pays water & sewer. Fully rented, with long-term tenants. *Estate - sold as is.*

Listed by Coldwell Banker Residential

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$
%
$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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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6442 South Rockwell Street Chicago IL 60629

MLS Number 10779140

  • Multi-Family Two to Four Units
  • Bedrooms 8
  • Garage 4

huge four unit building with two bedrooms in each apartment. Semi finished basement and bathroom. Long term tenants in three apartments and one vacant apartment. Great investment opportunity

Listed by O'Brien Family Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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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1828 North Long Avenue Chicago IL 60639

Chicago, IL1828 North Long Avenue

Price$270,000

Est. Mortgage: $/month

MLS Number 10778895

  • Multi-Family Two to Four Units
  • Bedrooms 4
  • Year Built 1928
  • Acreage 0.08
  • Garage 2

Stop looking and start buying. Take a look at this income property located right next to galewood area! Fresh roof, furnaces, hot water tanks and slight remodeling make this 2 flat with partially finished full basement hard to pass up. As is however sellers will do whatever needs to be done to pass fha.

Listed by eXp Realty, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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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3932 West Fillmore Street Chicago IL 60624

MLS Number 10779004

  • Multi-Family Two to Four Units
  • Bedrooms 5
  • Garage 2

Great investment opportunity in the Lawndale neighborhood. 2 flat Greystone with 5 bedrooms and 2 full baths. Buyer to purchase subject to any and all violations, if any. Property sold as-is. Cash only or Hard money loan.

Listed by Property Consultants Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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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6307 North Richmond Street Chicago IL 60659

MLS Number 10778914

  • Multi-Family Two to Four Units
  • Bedrooms 6
  • Year Built 1951
  • Garage 2

Rarely available extra wide 2 flat with attached 2 car garage and large driveway. Each unit is approx. 2,200 square feet and features large living room/dining room, eat in kitchen, 3 bedrooms, 2 full baths and laundry connections. Excellent investment opportunity for live in owner or to rent out. Lots of additional 'raw' space on main floor to build an "in law" or third apartment. 1st floor is ground level. No basement.

Listed by Special Assets Inc

$
$
%
$/month over payments
Federal 30-year interest rate: 3.03% last updated on Jul 9, 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 July 13, 2020 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.  MRED supplied Open House information is subject to change without notice. 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.

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