The median home value in Chicago, IL is $310,000.
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 $310,000.
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.
Brand new gut renovated 6 unit turn key multi family property in up and coming Roseland neighborhood. All 6 units are rented with quality tenants at a strong rent roll. Recent updates include the following: New roof, new porch, new electrical, new plumbing, laundry room in building, new appliances, new kitchens and bathrooms, and much more. Invest and start collecting a return on your investment from day 1. This is a true arm chair investment with no further capital required after acquisition and a strong CAP rate.
Majestic legal 5-unit building in a sizzling hot location in Logan Square. 1M new construction homes all around and a huge influx of residents looking for luxury rentals! This vintage beauty has been in one family for many years and could use some TLC but many of the major projects have been completed: new roof in 2012, new back porches in 2009, new windows in 2012. The building has 11'ceilings, vintage trim and doors, fireplaces, some updates in the kitchen and bathrooms. The apartments are extra wide and flooded with light. The coach house includes large storage areas on the ground level and could be easily expanded (buyer should do his own due diligence on zoning and permits). Prime location 4 blocks from the blue line, 2 blocks to Logan Blvd. Sold in "as-is" condition.
BUSINESS ONLY!!! MINI-GROCERY STORE IN GREAT LOCATION, BUSINESS OWNER HAS BEEN HERE FOR TEN YEARS AROUND; PRICE INCLUDE INVENTORY. CIGARETTE AND CONVENIENT STORE, ENOUGH PARKING, PLEASE DO NOT DISTURB EMPLOYEES, CALL LISTING AGENT FOR APPOINTMENT. FOR PERSONAL HEALTH ISSUES OWNER MUST TO SELL!
Perfect opportunity in South Shore to own 4 retail/office storefronts on the established 71st Street Corridor, easily accessible by public transit including Metra and heavy traveled main streets. In current capacity 3 of the 4 storefronts have been used for the Acme Orthotic & Prosthetic Labs. Property can be converted back to 4 sep retail spaces.The property is near shopping and restaurants. Property Sold AS-IS. OWNER WILL MAKE NO REPAIRS
VERY RARE to market mixed use 3 unit building in absolutely PRIME Little Italy location in between UIC East Campus and UIC/Rush Medical District. First floor storefront built out and leased to restaurant. Two huge 3 bed 1 bath apartments upstairs w/central air and heat and in unit laundry both leased for $2400/month. Solid brick construction w/greystone facade and front bay windows. New back porch w/large decks and skyline views. Off street parking for 5 cars. Full basement.
Gorgeous commercial space in River West. Includes front lobby, conference room, private office, private bathroom, kitchenette and lounge. Floor to ceiling windows, corner location, and hardwood & tile floors throughout. Unlimited potential for this space. Perfect for meetings, remote office location, or drop in office site. Space can be bought to rent out as well. Potential parking space for rent. Street parking. Close to EL Train and Commuter Bus.
One-of-a-kind building. The most unique floorplan you'll find. All units are duplexed, or they take even three floors. First-floor units have 2 beds/1.1 baths. The top floor units have 3 beds/1.1 baths. 6 parking spots. Individual utilities. Fully leased with one-year leases for 5 units & 2 units coming for renewal. Upgrades include new roof in 2017, new front porch in 2016, & 1 new boiler in 2016.
ONE OF A KIND OPPORTUNITY!! VERY HOT AREA - BY SIX CORNERS)!! 1ST FLOOR OFFICE SPACE (WAS DOCTOR OFFICE) 2ND FLOOR VERY NICE and LARGE 2 BR APARTMENT ( can be rented or you can live there and run your business off the first floor); PRIVATE BACKYARD; 2 CAR GARAGE* FENCED YARD
Please do not enter the restaurant without an appointment with listing broker! Business only at the Kedzie Lawrence Ave., commercial corridor! High traffic of vehicles and pedestrians! Operation hours are 11 a.m.-10 p.m. 7-days a week. Average ComEd bill per month is about $500.
Rarely available total of 8 Luxury units and 2 commercial units, 8 indoor spots & 4 outdoor spots located in Bridgeport. Walking distance to Chinatown. 9 units fully leased (On Contract and M/M). Each unit built with Marble floors throughout, Stainless Steel Appliances, Jacuzzi, balconies, fireplace, 2 large walk-in closets and indoor parking included. Walking distance to Orange Line or bus station. Features Microwave Air conditioning Refrigerator Dishwasher Walk-in closets Balcony, deck, patio, Fireplace, Oven/range Heat - gas, Laundry room. Elevator in the building. New buyers have many options like Condominium, Airbnb, live/work spaces, Coworking office...etc.
FOR LEASE AND/OR SALE. IDEAL FOR RETAIL OR OFFICE. 1 UNIT MONTH TO MONTH & AVAILABLE FOR RENT, PARKING IN REAR, 3 UNIT BLDG, OWNER LOOKING TO SALE AND LEASE BACK. $45K/YEAR REVENUE, 11% CAP RATE, HIGH TRAFFIC COUNT. 2 LONG TERM TENANTS, 1 M2M. OWNER IN THIRD UNIT WILL SIGN LEASE BACK GREAT CASH FLOW AND HIGH CAP RATE. LOW MAINTENANCE AND TAXES. SITS ON 2 CITY LOTS 50 X 125 TOTAL. 50 FEET OF FRONTAGE ON BUSY KEDZIE. 2 PINS
Offered at a 13.69% CAP rate. The asset presents an opportunity for an investor who is looking for a stabilized asset consisting of (6) 2 Bedrooms 1 Bath & (5) 1 Bedroom 1 Bath. This mid-1960's building comes fully rehabbed within the last year. There is upside potential with increasing rents and additional untapped income available through parking and adding washer and dryers. Each unit has separate electric. The exterior was tuckpointed and lentils were replaced approximately two years ago. The roof was silver coated within the last year. The property is fully equipped with an HD security system. The building is walking distance to the South Shore train line and the stop is 87th. This property and 2748 E. 83rd St. can be purchased as a package deal; both in South Chicago. An investor could own a total of 19 units within a five minute drive of each building.
Opportunity knocks in South Shore. Chicago's most sought after growing south side neighborhood. This 8 unit building presents an opportunity for an investor to add value while still acquiring solid cash flow. The late 1950's building comes fully equipped with separate heat and five fully remodeled units. Five of the units were remodeled this year. There is upside potential to raise current rents. An investor can add value by upgrading the remaining three units with modern finishes and adding laundry to the building. The exterior was tuckpointed in December 2016. A brand new 75 gallon water heater was installed in 2015. New gutter fascias, soffits and downsprouts were added this past year. This property is walking distance to the South Shore train line and the stop is 83rd and Exchange. This property and 8956 S. Escanaba can be purchased as a package deal; both in South Chicago. An investor could own a total of 19 units within a five minute drive of each building.
Fully Rented with an NOI of $42642 & Cap Rate is at 11.22%. All brick mixed use building located approximate 200' to Cicero. Techspot has a lease until 12/20, 1R (rear apartment behind Techspot) has 2 bedrooms/1 bath. Second floor has a front and a rear apartment all have 2 bedrooms/1 bath. Finished basement offers a 1 bedroom/1 bath. All residential apartments are on month-to-month tenancy. All separate entrances. Hardwood floors, Skylight, 9' ceilings... All central heat, but some window AC, newer roof & tuck-pointing, 5 gas meters. 2 Parking Garages.
Mixed use building in Andersonville/Edgewater on a busy foot traffic, between Clark & Glenwood. This building features two retail stores currently occupied by a barber shop and a vacant unit waiting for your idea. The first apartment is duplexed to the basement and has three bedrooms and one bath. The second apartment on the second floor has three bedrooms and one bath, living room with double glass doors leading you to a huge deck. The apartments had been remodeled and show nicely. The tenant pays for heat and electric. There are two outdoor parking spaces. Total rental incomes are $50400/year, NOI $36791, Cap Rate is at 8.7% ! It's truly a great buy!
20 year landmark established business. Just steps from Lane Tech High school and Bell school.Very busy sports, comics, gaming ,collectibles turn key operation. Selling business only. Everything you need from day one including name,distrubitors,phone number,facebook account' all fixtures,showcases,glass fridge,arcade machine. Large inventory included in sale price with all fixtures, long time employees will stay. Make money from day 1 .Hosting theme based Birthday parties, weekly gaming tournaments.Good client based sales and walk ins
GREAT OPPORTUNITY TO OWN YOUR OWN BUSINESS AND REAL ESTATE ON A BUSY STREET. CURRENTLY AUTO BODY SHOP AND CAR LOT /USED CARD DEALERSHIP FOR OVER 27 YEARS. BUILDING OF 3,725 SF IS ONLY 14 YEARS OLD WITH CEILINGS HIGHT OF 14 FT. OFFICE SPACE 300 SF WITH A FULL BATHROOM. AMAZING EXPOSURE, HIGH VEHICLE TRAFFIC. PARKING SPACE FOR OVER 16 CARS AT FRONT AND 4 ON THE BACK. BUILDING IS READY FOR SECOND FLOOR ADDITION( OWNER CAN PROVIDE COPY OF THE PLANS). LOTS OF POSSIBILITIES. CALL FOR APPOINTMENT.DO NOT DISTURB THE OWNER.
8 Unit apartment building located in Auburn Gresham neighborhood. Individually heated and fully occupied. Great location close to schools and public transportation. Sold as-is, Owner is an IL licensed Real Estate Broker
PRIME location! WALK TO KIMBALL BROWN LINE (CTA L) TERMINAL. All BRICK mixed use building features a 75' Frontage on Lawrence with 21175 VPD. 4 retail stores with separate central HVAC units & 14' ceilings. 4 apartments with 2 to 3 bedrooms on the second level, separate entrances, back doors to a large unfinished roof deck, central heating but no A/C. Brand new roof, & porch. Tenants pay for all utilities. NOI: $88137. 7 Parking GARAGE spaces. Large unfinished basement for additional storages.