The median home value in Chicago, IL is $367,250.
This 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 $367,250.
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!
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This beautifully updated brick, mixed-use building is ready for your business ideas and offers the opportunity to live and work under one roof. Each floor features spacious three-bedroom apartments with new carpet in the bedrooms, new ceiling fans, and modern light fixtures. The kitchens are finished with ceramic floors, and both units include new A/C systems and furnaces for comfort. The property also includes a full basement for additional storage and a two-car garage. Take advantage of the potential this building offers to seamlessly combine your home and business in one convenient location!
Prime commercial office space located at 1452 W Fullerton Ave in the heart of Chicago's bustling Lincoln Park neighborhood. This property offers high visibility and excellent foot traffic along Fullerton Avenue. The building is a modern and well-maintained commercial space with large windows that allow natural light to flood the interior. Inside, you'll find a spacious, professional layout ideal for an office or retail business, with open workspaces and a welcoming reception area.With approximately 800 square feet of functional space, the property is designed for efficiency and convenience. Ample street parking and proximity to major roadways, including the Fullerton and Ashland intersections, make this location easily accessible for clients and staff alike. Surrounded by a mix of retail, dining, and residential properties, this office is perfect for a business looking to expand or establish a presence in one of Chicago's most desirable areas.
612 West Stratford Place an architectural gem located in the heart of Chicago's popular Lakeview neighborhood. The property consists primarily of massive 3 bedroom apartments that live like single family homes including an office and a separate dining room. The second floor is divided into two large apartments including a large one bedroom + office and a beautiful 2 bedroom/2 bathroom apartment in the rear with an open layout, huge windows, and outdoor space. The building underwent a complete gut-renovation completed in 2020 including new electric service, wiring and in-unit 100 AMP panels, new copper plumbing risers, individual HVAC, in-unit laundry and new kitchens & bathrooms. The spacious units all feature hardwood floors, stainless steel appliances, quartz counters, subway tiled backsplash & showers, generously sized bedrooms, individual HVAC, laundry in-unit, private outdoor space and a shared backyard. The 3 bed/2 bath apartments are oversized between 1,600-2,000 SF and include massive living rooms, separate dining rooms, and office space. The units receive a substantial amount of light due to their large windows on the building's curved front.
Invest in the vibrant South Loop /Museum Campus area. Walk to Grant Park, Soldier field, Museums and the famous " Bean" sculpture in Millennium Park, boasting 5 million visitors a year. Incredible opportunity to acquire a historic bar/restaurant building with air rights. Located at the busy Wabash & Roosevelt intersection, with an L stop only a block away. This building has been the location of the local favorite "Wabash Tap" with the historically significance of formerly being the famous Blues singer Koko Taylor's blues club. The 4,275 SF ground floor is a 2nd generation bar/restaurant with substantial infrastructure and equipment for a new operator. The upper two floors could be re-positioned as either apartments or office space. DX-7 zoning allows for a complete re-development of up to +/- 30,000 buildable SF and is located in a Transit-Oriented Development (TOD) area allowing for reduced/limited parking. The site has potential for residential, mixed-use, hotel/hospitality, office, or retail/restaurant development. One of the busiest locations in Chicago, the property is one block from the Roosevelt CTA station, which boasts over 3.8 million riders annually. Offered for sale, The ground floor restaurant space is also available for lease . Owner would also consider leasing out the 2nd and 3rd floor at a reasonable lease rate.
This mixed-use property offers a fantastic investment opportunity, featuring a retail space on the first floor and a spacious 4-bedroom, 2-bath apartment on the upper level. Situated on a corner lot, this property also includes a detached garage. While the building requires renovation, it's the perfect canvas to bring your vision to life, whether you're starting a new business or customizing the residential space. With floor plans attached, this property offers flexibility and endless potential. Don't miss the chance to turn this space into something remarkable!
Great location for a mixed/use, storefront in the city's North Park area. Check out this maintained commercial space offers a business space and an apartment with 1 bed 1 bath for. Basement is ideal for extra storage. Property being sold AS-IS. Schedule your showing today!
We are proud to present a premier retail space investment opportunity located at the prestigious 110 E Delaware Place in Chicago, home to a luxury clothing retailer. Situated in the heart of Chicago's upscale retail corridor, surrounded by high-end shops, restaurants, and cultural landmarks. This high-traffic area attracts affluent clientele, enhancing the tenant's business performance and ensuring a stable investment environment. This opportunity offers an excellent combination of a prime location, a long-standing tenant demonstrating significant commitment to the location having invested high-quality retail improvements in two major updates over the course of the initial lease term, making it an ideal acquisition for discerning investors looking to diversify or expand their portfolio with a premium asset in one of Chicago's most sought-after shopping districts. We are offering this investment making it an attractive opportunity for investors seeking long-term financial growth.
GREAT INVESTMENT OPPORTUNITY! LEGAL 6 UNIT SOLID BRICK BUILDING IN GOOD CONDITION. ALL UNITS ARE 2 BEDROOM, 1 BATH. 5 OUT OF 6 UNITS HAVE BEEN REMODELED. ALL UNITS HAVE SEPARATE NEW WATER HEATERS. SEPARATE UTILITIES FOR EACH UNIT. SIGNIFICANT POTENTIAL TO INCREASE RENTAL INCOME! CLOSE TO PUBLIC TRANSPORTATION. JUST MINUTES TO THE DOWNTOWN BUSINESS DISTRICT. WALKING DISTANCE TO PINK LINE AND METRA. PRICED TO SELL FAST!
Mixed use building in Ukrainian Village. Perfect for owner user. This well maintained developer owned building is an excellent opportunity to maximize your rental income potential. Firs floor commercial unit connected to large heated bi-level storage/warehouse space and 4 car brick heated garage. Two residential units above are 2bedroom one bath remodeled with new kitchens and bath.In unit washer/dryer. Central heat and AC.
Discover the exceptional investment opportunity at 2036 W 79th St, Chicago, IL 60620. This strategically located two-story commercial facility boasts a generous 12,690 square feet of building area on a sprawling 0.76-acre lot. Built in 1960, this versatile property includes a large chapel, multiple viewing rooms, office spaces, and a substantial parking lot, offering unparalleled operational efficiency and convenience. Situated in the bustling Auburn Gresham neighborhood, this property enjoys outstanding visibility and accessibility from major thoroughfares, including 79th Street, Western Avenue, and Ashland Avenue, with easy access to Interstate-94. The expansive 33,174 square foot site provides ample space for potential expansion or redevelopment, making it a prime candidate for a variety of commercial uses. Currently utilized as a funeral facility, this turnkey opportunity is perfect for similar service providers or can be easily adapted for other commercial ventures. The property's B1-1 Neighborhood Shopping District zoning supports a wide range of retail and commercial activities, making it an ideal choice for real estate developers seeking to diversify their portfolio. Investors and government agencies will appreciate the property's redevelopment potential for community-enhancing projects. The City of Chicago offers significant incentives to buyers, including the Neighborhood Opportunity Fund, which finances commercial and cultural projects in neighborhoods that lack private investment, using revenue generated from downtown development. Additionally, this property qualifies for the City of Chicago's Small Business Improvement Fund (SBIF), promoting economic development by providing small businesses and property owners with reimbursement grants for permanent building improvement costs. Seize this unparalleled opportunity to invest in a property with both immediate operational benefits and long-term developmental prospects. DO NOT DISTURB STAFF.
9300 SF food grade building for sale or lease. 12,500 SF land. Clear height 11' & 16'. 2 DIDs - drive-thru capability. 220 amps power. 3200 SF parking in rear fenced lot. Boiler and forced air heat. Air conditioned office. Very good condition. C1-1 zoning. 39th Ward / Ald. Nugent. Mayfair neighborhood. Very close to Edens and Kennedy Expressways. NORTH SECTION: 1,300 sf cooler with trench drains. Curb cut on Elston. Clear span - bow truss construction. 16' clear height. 1870 sf mezzanine (not included in building sf) with finished offices. Floor drains. Sprinkler system. 2 restrooms including 1 in office. SOUTH SECTION: 840 sf freezer. 11' clear height. Kitchenette and restroom.
*PRIME OPPORTUNITY!*DON'T MISS YOUR RARE CHANCE TO PLACE YOUR VISION AT THIS 5 UNIT STRIP CENTER MINUTES FROM OAK PARK, IL!*VISIONARIES, RESTAURANT OWNERS AND INVESTORS-THIS LOCATION IS A MUST SEE!*NEWER CONSTRUCTION BUILDING BUILT IN 2006 OFFERS MULTIPLE USES TO GENERATE GREAT INCOME!*THE RESTAURANT, WHICH WILL BE DELIEVERED VACANT, OFFERS AN UPSCALE URBAN EXPERIENCE!*FULLY APPLIANCED KITCHEN ALLOWS IMMEDIATE OPERATION TO YOUR BUSINESS WHICH INCLUDES A DINING HALL WHERE GUEST CAN ENJOY YOUR MENU!*UPGRADED FEATURES IN THE RESTAURANT INCLUDE OUTDOOR PATIO, 3 MINI FRIDGES, ICE MACHINE, OFFICE SPACE, CAMERA SYSTEM, 3 FRYERS, HEATED PREP TABLE, 2 OVENS, A GRILL, 2 COOKING OIL DRAIN SYSTEMS, 4 SINKS, 10 BOOTH TABLES IN THE MAIN DINING AREA, 4 LARGE FLAT SCREEN TVS, HIS AND HERS RESTROOMS AND A VIP ROOM WITH 5 ADDITIONAL BOOTH TABLES AND 5 MORE FLAT SCREEN TVS!*THE RESTAURANT OCCUPIES 2 SPACES OF THE 5 UNITS*THERE IS ALSO AN ANCHOR TENANT THAT'S BEEN IN BUSINESS FOR 13YRS WITH A NEW 5 YEAR LEASE SIGNED WITHIN THE STRIP*THE NAIL SHOP IS AN UPGRADED UNIT AND HAS ITS OWN KITCHENETTE AND RESTROOM*THE STRIP HAS A VACANT RENTABLE OPEN EVENT SPACE TO GENERATE INCOME WITH KITCHEN AREA AND RESTROOMS*STORAGE FOR THE RESTAURANT OCCUPIES THE LAST SPACE*THERE IS PARKING FOR THE BUSINESSES WITHIN THE CENTER OF THIS DEVELOPMENT WHICH CAN FIT 15 CARS*MINOR TLC NEEDED, PROPERTY BEING SOLD AS-IS*THIS INVESTMENT IS A GREAT ADD TO YOUR PORTFOLIO!*SCHEDULE FOR YOUR PRIVATE TOUR*
Office space with attached two car garage and parking in back for up to six cars (three side by side and three more behind). Main office front area and two additional semi-private offices, half bath.
Welcome to 1435 W Lexington St, an oversized 6 unit all brick building in the heart of Little Italy! RARELY available, this meticulously maintained building has undergone significant updates including complete tuckpointing, updated plumbing / electrical, new windows with aluminum wrap on the front, newer central heating systems / furnaces, updated kitchens and bathrooms, re-faced chimneys, caulked / seal-coated roof, and paint throughout just to highlight a short list! The common areas are in impeccable condition, with the patio and balconies recently brushed down to the base concrete / wood and repainted. Each updated unit exudes charm, featuring hardwood floors, abundant natural light from numerous windows, soaring 9-foot ceilings, crown molding, spacious kitchens, AC units, ceiling fans, and storage. Rear residents can enjoy their own balconies with sitting area and the whole building has the convenience of an on-site full laundry room, with ample street parking available, and the potential for the future owner to build out a rooftop deck with downtown skyline views. Situated on a picturesque, tree-lined street with dollar homes, this prime location is within walking distance Taylor St, Rush Medical, UIC, an array of restaurants / bars that Little Italy offers, and the beautiful Arrigo Park. Just moments away from the Blue / Pink Lines, CTA Bus, 290, 90/94, The Loop, and everything else the city offers! Don't miss out on this incredible investment opportunity that offers a great return, it will not last! Make it yours today!
Hello investors and owner occupiers---- this Classic Chicago brick 6 + units building in the Ravenswood neighborhood, every well-kept and fully rented to a long-time tenant All large units with 2 bedrooms and 1 bath, hardwood floors throughout. low rents that can be increased with time large Livingroom and Dining room. enclosed porch, beautiful back yard for summer enjoyment. the seventh unit is in garden apt with 1 Br and 1 bath fully remodeled bathroom. full basement with storage area and a 4-car garage that can be rented for an extra income. the park across the street is another fact of enjoying living in this building, FREE parking on the street and there is a public parking across the street , this one a must see before it is to late.
Very unique brick building 4300 sqft with truss roof. At front small office section and big open area in back. Perfect for body shop, warehouse, galery etc. In back overhead door. Property sold "as is" condition
Incredible investment opportunity in West Chatham! Well maintained building with opportunity to increase rents significantly with unit improvements. Building has 2 commercial units rented to a religous organization and tshirt retailer paying 1,050 and 1,300 respectively. 8 residential 1bed/ 1bath units above that are all on month-to-month leases paying rents of 675/ month on average. Recent tuckpointing project completed. Separetly metered gas and electric with 400 amp service to building. Water heater just 4 years old. Income producing basement serving as storage. Parking pad in rear of building not being monetized.
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 7 Cap Rate with 237,000+ gr income and NOI of 192,010. This property offers an absolute turnkey experience at the confluence of Bronzeville/Kenwood with all leases running into Spring 2025. 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.
Well-maintained 6-unit multi-family property, located in Chicago's desirable Clearing neighborhood. The building features a mix of three 2-bedroom/1-bath and three 1-bedroom/1-bath units, occupied by long-term tenants paying under market rates. The property includes five parking spaces behind the building and coin-operated laundry. Situated in Clearing, a quiet and friendly area known for its proximity to Midway Airport, major highways, parks, and schools, this location ensures steady tenant demand. At the asking price and with rents adjusted to market levels, the property will generate over a 7% cap rate without the need for improvements. Offering Memorandum available upon request.
Introducing an exclusive opportunity located at 1533-1537 North Wieland St in Chicago's vibrant Old Town neighborhood. This impressive 10,740 SF multi-family building, fully renovated in January 2023 and originally built in 1968, stands prominently near the intersection of N Wieland St and W North Ave. The property features a total of 20 units across five stories, offering a mix of 8 studio apartments with one bathroom each and 12 one-bedroom apartments with one bathroom each. Each unit at 1533-1537 North Wieland St boasts modern amenities including stainless steel appliances, dishwashers, and elegantly tiled bathrooms. Central heating and air conditioning ensure year-round comfort, while the convenience of in-unit laundry adds to the appeal for tenants. Residents benefit from proximity to the Sedgwick Brown Line CTA stop, providing easy access to transportation. Garage parking is available on-site, further enhancing convenience for tenants. This fully renovated property presents an attractive investment opportunity, positioned for strong returns with its desirable location and modern amenities.
Proudly presenting an unparalleled opportunity to own a piece of Chicago's storied Bronzeville neighborhood, an area undergoing a transformative renaissance. This is an extraordinary chance to purchase a historic landmark in the heart of Chicago's burgeoning Bronzeville neighborhood, an area at the forefront of urban revitalization and growth. Built in 1922 as the South Side Trust and Savings Bank, this iconic 20,171 square foot building showcases stunning Classical Revival architecture by renowned architect Albert A. Schwartz, featuring limestone facades, grand Corinthian columns, and intricate architectural details that make this a standout property for any visionary developer. The property's B1-1 zoning allows for a wide array of potential uses, including mixed-use development, retail, office space, or even a residential conversion. Situated on a highly visible corner lot, the building benefits from dual street frontage, offering exceptional exposure to both vehicle and foot traffic. The property is further enhanced by two adjacent parking lots, providing significant value for future commercial tenants or customers seeking convenience. The strategic location and flexibility of this property make it ideal for developers looking to capitalize on the ongoing transformation of Bronzeville. Bronzeville, historically significant and culturally rich, is undergoing a resurgence driven by major public and private investments, including the Bronzeville Lakefront megadevelopment just minutes away. This major project will bring an influx of new residential units, retail spaces, and life sciences facilities, cementing the area as a hub for innovation and growth. The property is also close to several cultural landmarks, including the DuSable Museum of African American History and the forthcoming Obama Presidential Center, ensuring that this location will continue to benefit from increasing foot traffic, tourism, and community investment. The area is home to thriving businesses, restaurants, and retail, and developers will appreciate its proximity to major transportation routes. The property is easily accessible via CTA bus routes, the Green Line station, and is a short drive from Lake Shore Drive, I-90/94, and I-55, making travel to and from downtown Chicago and the surrounding areas seamless. In addition, the proximity to the University of Chicago and the Medical District positions the property at the intersection of education, healthcare, and business, making it an attractive location for a wide range of potential tenants or buyers. For developers, this site offers limitless possibilities. Whether you envision creating a mixed-use hub, a luxury residential conversion, or a corporate office space, 4659 S Cottage Grove Ave stands ready for a transformative project that will add value to the already flourishing Bronzeville neighborhood. As the Bronzeville area continues to see heightened development and economic activity, the opportunity to own a historic, well-located property like this is truly rare. Take advantage of this opportunity to shape the future of Bronzeville. With its historic charm, prime location, and proximity to major investments and cultural landmarks, 4659 S Cottage Grove Avenue is poised for its next chapter.
MoHall Commercial proudly presents an unparalleled opportunity to own a piece of Chicago's storied Bronzeville neighborhood, an area undergoing a transformative renaissance. This is an extraordinary chance to purchase a historic landmark in the heart of Chicago's burgeoning Bronzeville neighborhood, an area at the forefront of urban revitalization and growth. Built in 1922 as the South Side Trust and Savings Bank, this iconic 20,171 square foot building showcases stunning Classical Revival architecture by renowned architect Albert A. Schwartz, featuring limestone facades, grand Corinthian columns, and intricate architectural details that make this a standout property for any visionary developer. The property's B1-1 zoning allows for a wide array of potential uses, including mixed-use development, retail, office space, or even a residential conversion. Situated on a highly visible corner lot, the building benefits from dual street frontage, offering exceptional exposure to both vehicle and foot traffic. The property is further enhanced by two adjacent parking lots, providing significant value for future commercial tenants or customers seeking convenience. The strategic location and flexibility of this property make it ideal for developers looking to capitalize on the ongoing transformation of Bronzeville. Bronzeville, historically significant and culturally rich, is undergoing a resurgence driven by major public and private investments, including the Bronzeville Lakefront megadevelopment just minutes away. This major project will bring an influx of new residential units, retail spaces, and life sciences facilities, cementing the area as a hub for innovation and growth. The property is also close to several cultural landmarks, including the DuSable Museum of African American History and the forthcoming Obama Presidential Center, ensuring that this location will continue to benefit from increasing foot traffic, tourism, and community investment. The area is home to thriving businesses, restaurants, and retail, and developers will appreciate its proximity to major transportation routes. The property is easily accessible via CTA bus routes, the Green Line station, and is a short drive from Lake Shore Drive, I-90/94, and I-55, making travel to and from downtown Chicago and the surrounding areas seamless. In addition, the proximity to the University of Chicago and the Medical District positions the property at the intersection of education, healthcare, and business, making it an attractive location for a wide range of potential tenants or buyers. For developers, this site offers limitless possibilities. Whether you envision creating a mixed-use hub, a luxury residential conversion, or a corporate office space, 4659 S Cottage Grove Ave stands ready for a transformative project that will add value to the already flourishing Bronzeville neighborhood. As the Bronzeville area continues to see heightened development and economic activity, the opportunity to own a historic, well-located property like this is truly rare. Take advantage of this opportunity to shape the future of Bronzeville. With its historic charm, prime location, and proximity to major investments and cultural landmarks, 4659 S Cottage Grove Avenue is poised for its next chapter.
Opportunity Awaits! Don't miss out on this exceptional opportunity to own a good building with great exposure on main street location. Situated with easy access to Interstate 94. The property offers an ideal investment for savvy entrepreneurs. This building enjoys maximum visibility and exposure, ensuring a steady flow of foot traffic and potential customers. Rooms of the building include medical offices, meeting rooms and storage. The commercial site offers an established business for a dentist and podiatrist. This building is suitable for a variety of businesses, including retail outlets, offices or service-based establishments, offering flexibility and potential for diverse revenue streams.
This beautifully maintained 2008 brick 8-unit mixed-use building is located in the vibrant Avondale neighborhood of Chicago, with easy access to the expressway and CTA Blue Line. The property includes six expansive, full-floor 3-bed/2-bath apartments, each about 2,000 SF, featuring high-end finishes like fireplaces, granite countertops, stainless steel appliances, and private balconies. Two retail spaces are leased to established medical tenants with long-term leases, providing stable income. Fully occupied, the building offers opportunities to raise rents with many long term below market tenants and add rooftop decks with downtown skyline views. Additional amenities include indoor parking for six cars and an elevator. An excellent investment opportunity.