The median home value in Chicago, IL is $370,000This 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 $370,000.
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! Learn more about Chicago.
Heart of Wicker Park! Currently vacant, this 2 unit building is set up for a retail/salon on the ground level and a large 2 bed + den and full bath apartment on the 2nd floor. Updated powder room on the ground level. Large basement, great for storage and laundry hook up. Individual HVAC. Well taken care of building with a long time owner. Deck, yard and 2 car exterior parking in the rear. Sold as-is.
SELLER SAYS "Make me an offer": Nestled in the heart of the south side of town, this grand turn-of-the-century property stands as a testament to timeless architecture and unlimited potential. Welcoming a visionary investor seeking to restore its original splendor, this building encompasses 13 residential units, each exuding a unique charm, alongside a versatile commercial space poised for transformation.Potential Billboard Revenue: The expansive side of the building provides a unique opportunity for additional income through billboard advertising, capitalizing on high foot traffic and visibility.
FANTASTIC OPPORTUNITY TO REDEVELOP AND REVITALIZE A MASSIVE CHICAGO MIXED USE PROPERTY. THIS PROPERTY WAS ONCE USED AS A CHURCH AND HAD 13 ADDITIONAL APARTMENTS. NEW OWNER CAN RE IMAGINE AND BRING THE PROPERTY BACK TO LIFE. CHICAGO LAWN COMMUNITY FEATURES MANY AMENITIES SUCH AS MARQUETTE PARK, BUSTLING COMMERCIAL CORRIDORS DOWN WESTERN AVE AND 63RD STREET AND MARQUETTE BOULEVARD. ALSO A GREAT OPPORTUNITY FOR BILLBOARD SPACE ON THE PROPERTY AS IT IS CENTRALLY LOCATED ON WESTERN AVE.
Office condo steps from union station, the loop business district and Kennedy Expressway. Clean highly updated loft office space in Elevator building. Entry/reception desk, glass walled conference room, 7 private offices, large kitchenette with dishwasher and room for table. Furnishing available for purchase. Phone room or small additional office. Maintenance staff on sight during work hours. Owner and employees have 24-hour access to building. Intercom and buzzed system in place for security. Reasonable assessments. Great space in even better location. Parking can be also purchased in property across the street that's owned by the seller.
Office condo steps from union station, the loop business district and Kennedy Expressway. Clean updated loft office space in Elevator building. Entry, conference room, kitchenette with dishwasher and lots of large windows along Jefferson for natural light. Large open room that could house multiple office if needed otherwise great collaborative work environment. Fully furnished. Maintenance staff on sight during work hours. Owner and employees have 24-hour access to building. Intercom and buzzed system in place for security. Reasonable assessments. Great space in even better location. Parking can be also purchased in property across the street that's owned by the seller.
Discover a prime investment opportunity in the heart of North Lawndale. This versatile building spans over 2,900 square feet, offering a spacious, light-filled interior ideal for transforming into office space, retail, or a creative venture. Situated in a thriving neighborhood with convenient access to transportation, this property is perfect for entrepreneurs and investors looking to establish or expand their presence. Its flexible layout can be tailored to suit a variety of business needs, making it a valuable asset with endless potential. Easy to show-schedule your viewing today and explore the possibilities!
Mixed use building for sale or lease! Bottom is leased out and top office floors are vacant. Top floors needs complete rehab, no plumbing, no electrical, etc. Seller is willing to lease each floor for $1200 per month and tenant takes care of rehab, or sell for $550k! Each floor is 9000 sq ft! BUILDING IS IN NEED OF TLC/REHAB!
Storefront for sale or lease! Building needs complete rehab, no plumbing, no electrical, etc. Seller is willing to lease for $1500 per month and tenant takes care of rehab, or sell for $140k! BUILDING IS IN NEED OF TLC/REHAB!
Retail/Medtail Space in Ukrainian Village in West Town at the corner of Western Avenue and Rice Street, just north of Chicago Avenue comprised of approximately 4,100 square feet, completely built out as medical office space with full frontage on Western Avenue with a curved glass corner utilized as a large treatment/surgical room. Entryway with reception area, a total of 15 rooms (3 with sinks), surgical room, nurses station, 3 window line offices, 10 treatment rooms, 1 kitchen area, 3 restrooms, 3 storage rooms, and multiple closets. This layout was designed for veterinary efficiency and long term tenant, fully leased with options, currently offering a 7% cap. Parkings: 2 surface spaces. Western Avenue sees 19,739 VPD. Zoned C1-2. Demographics include: HHI $120,196 | POP 191,491 | MED Age 35-44
THIS IS THE PLACE YOU WANT TO OPEN YOUR OWN BUSSINES AND LIVE IN, THIS PLACE HAS A BUSSINES SPACE AND APARTMENT ON THE SECOND FLOOR, SERIOUS BUYERS ONLY.
Located in a desirable Milwaukee corridor on two lots (separate pin numbers: 13224110100000 and 13224110090000) with separate retail addresses: 3542 and 3544 N. Milwaukee Ave. Two 25 feet lots for a total frontage of 50 feet. Gated backyard offers additional parking. Area is being re-developed. I90 access only a mile away. Must see to appreciate it. Sold "AS IS".
Discover this stunning 13-unit multi-family property nestled in the vibrant South Shore neighborhood of Chicago. Each of the thirteen units boasts two spacious bedrooms, a separate living room, a dedicated kitchen, and beautiful hardwood flooring throughout. With all units currently rented, this property offers immediate income for the savvy investor, or a wonderful value-add opportunity. Convenience is key! The property is within walking distance to the Windsor Park Metra Station and CTA buses, making public transportation a breeze. Enjoy the best of South Shore's recreational offerings with Rainbow Beach, the South Shore Cultural Center, and the picturesque Lakefront just a short stroll away. This property is not only a beautiful place to live but also a lucrative investment. With an effective gross income of $138,510.00 and a Net Operating Income of $97,153.99, it promises attractive investor returns and a great addition to a portfolio. The current owner has thoughtfully updated the units and installed individual furnaces, allowing tenants to manage their own heating costs, further enhancing the property's appeal. Each unit has been meticulously updated to ensure modern comforts while retaining classic charm. The property is move-in ready, offering a seamless transition for new owners and tenants alike. Seize this fantastic opportunity to own a piece of South Shore's thriving real estate market. Schedule your visit today and envision the endless potential this property holds for your investment portfolio. For more information or to arrange a viewing, contact us now!
Schwalb Realty Group, Inc. has been exclusively engaged to market for sale 3820 South Lowe Avenue, a 6 unit multi-family property with an additional Coach House 7th unit located in the heart of Chicago's Bridgeport neighborhood. The property sits on a standard Chicago lot (25 x 124 SF) and features 2 garage spaces at the rear of the building. The 6 units in the main building are currently tenant occupied, and the coachhouse is currently vacant. Bridgeport, located approximately 4.5 miles south of Chicago's Loop, boasts a vibrant cultural tapestry and a diverse community. It holds significant political significance in Chicago's history, being the residence of five former mayors of the city. Additionally, Bridgeport is home to the Chicago White Sox, who play their games at Guaranteed Rate Field. Established as a major league baseball team in 1901, the White Sox have made the stadium their home since 1991, serving as a central hub for fans. In recent times, the neighborhood has emerged as a hub for artistic and cultural expression, housing renowned establishments such as the Bridgeport Art Center and the Zhou B Art Center, which are esteemed venues for events and art in the city.
Rare Pre-Construction purchase opportunity in hot Pilsen! This mixed-use masonry building boasts a prime location just one block south of University Village. With 1 storefront, 3 spacious apartments, a 3-car garage, and outdoor parking, it's a versatile investment or use like rental/ owner occupied purposes. Key Features, 1) Location: Situated in the vibrant Pilsen area, surrounded by restaurants, bakeries, banks, and convenient bus stops. 2) Architectural Plan: Available upon request, showcasing thoughtful design and functionality. 3) Soundproofing: Upgraded with four advanced techniques for walls and ceilings, ensuring peace and privacy. 4) Delivery Timeframe: Within 18 months from signing the purchase contract. Don't miss out on this exceptional opportunity! Act now while it's still available.
4,500sf strip center with parking.The area is densely populated with high traffic counts along Kedzie and surrounding east and west streets. This intersection also has a high day time traffic. Access to I-290 and Public Transportation are in the immediate area. Ideal for retail, office, fast food, medical offices, etc.
Welcome to this exceptional multi-unit investment opportunity! This property boasts 12 units, each offering a unique charm and amenities. Each unit features a different layout, not all units are renovated and tenants will appreciate the convenience of having a laundry facility in the basement. The exterior of the property includes ample off-street parking, and this property is a short distance to public transportation, shopping, dining, and entertainment options, making it highly attractive to prospective tenants. Each unit is individually metered for utilities, providing ease of management. This investment has excellent cash flow potential, don't miss out on this prime investment opportunity in a high-demand rental market. Schedule your showing today and envision the possibilities this property has to offer!
Exceptional investment opportunity in Bronzeville. Fully stabilized 6 unit building with high-end condo quality finishes. 2022 New Construction, intelligently designed all brick building, boasting an impressive 6.7% Cap Rate with $238,000+ gross income and NOI of $193,000. This property offers an absolute turnkey experience at the confluence of Bronzeville/Kenwood with all leases running into Spring 2024. Unit breakdown of (2) 1800 sqft three bed/two bath residences, (2) Penthouse 1950 sqft three bed/two bath residences and (2) 3000 sqft four bed/two & a half bath duplex residences. Each unit boasts private outdoor space with penthouse units getting private rooftop decks and garage roof rights for duplex units. 6 car garage (1:1) and exterior storage. The units in this luxury boutique building are distinguished by the finishes & details; hardwood floors, in unit laundry, central air/gas forced heat, video intercom, custom closets, window treatments throughout, and fireplaces with built-in shelving. Kitchens are all finished with quartz countertops & backsplash, breakfast bar overhang, stainless steel appliances, and custom cabinetry. Elevated primary suites with walk-in closets and double vanity with quartz countertops, and walk-in shower with rain shower head and bench. Both guest bedrooms have closets built out with custom organizers and guest bathroom has shower/tub combo. Duplex units include butler pantry on main level and heated floors in lower level. Happy tenants with sound barrier between floors with open cell foam, 1:1 garage parking, and exterior storage. The property is home to AAA tenants, ensuring a stabilized asset for investors seeking a secure and lucrative venture in the thriving Bronzeville real estate market.
46-unit multifamily asset in the rapidly developing neighborhood of United Center/Near West Side. Professionally managed and Fully staibilized this property has approximately 40,500 RSF, containing a mixture of two-bedroom/two bath and one-bedroom/ one bath apartments, with two elevator bays, 1:1 attached garage parking and common rooftop deck. Gross Monthly Income of $99,799 priced at 6.2% Cap Rate. Pro Forma at 7.1% Cap Rate. Completed in 2020 to an elevated standard all units are inclusive of stainless-steel appliances, quartz countertops, all new plumbing and electrical systems, in-unit laundry, custom outfitted closets, window treatments and more. With the United Center and Medical District just blocks away and the new Green Line stop at Damen and Lake opening late summer 2024, the Near West Side is a highly trafficked area that includes easy access to grocery stores, bars, restaurants, hotels, and various other entertainment options with much upside on the horizon. In addition to the new Green Line Station and being on a major bus route, the subject property offers tenants excellent transportation options via the Dan Ryan, Eisenhower & Blue Line stations.
Bucktown/Wicker Park New Construction Ground Level Retail 1560 square feet set on Vibrant and Dynamic North Ave, 2.5 blocks from the epicenter of North/Damen and Milwaukee. Soaring 11 ft 8' ceilings, Wide Expansive Layout Delivered Vanilla Box. Zoned B3-2, Strong Traffic Count 23,900 cars per day, Excellent Visibility, Stunning Luxury Boutique Residences above. Builder may consider participating in future build out.
"Ukrainian Village" Newly remodeled mixed use building located on high traffic Chicago Ave near Damen. First floor has a beautiful Barbershop.Second floor apt has 2 bedrooms and even a jacuzzi tub, third floor exactly the same. Back porch has all been renovated. Very nice 2 car garage.Two washers and dryers are four years old,air conditioners are brand new to two years old, two hot water tanks are one year old and the other one is six years old. Building is a legal three flat with no city violations, city recently inspected and certified the whole building. Come look and see this incredible opportunity. Photos with be showing shortly.
*SOLD BEFORE PRINT * Industrial building situated with approximately 40,500 sf of interior space in the Pullman neighborhood of the City of Chicago. This property has a completed Environmental Protection Agency report done and ready to be sold today!
Welcome to this prime location mixed-use building zoned C1-2, offering endless possibilities for renovation and development. This versatile property features a perfect blend of commercial and residential space, making it ideal for a variety of businesses and living arrangements. Located in a highly sought-after location of West Town/ California Corridor, this building is surrounded by bustling shops, restaurants, and entertainment venues, ensuring a steady flow of foot traffic and potential customers. The C1-2 zoning allows for a wide range of uses, including retail, office space, and residential units, providing the opportunity to create a dynamic and profitable space. Whether you envision a trendy retail space on the ground floor with modern loft apartments above or a sleek office building with luxury condos, the possibilities are endless. Don't miss this chance to own a prime location mixed-use building with unlimited potential.
Listings courtesy of MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 6/13/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
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