The median home value in Chicago, IL is $312,000.
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 $312,000.
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.
No monthly assessment commercial condo. Absolutely incredible, never occupied 2500 sq ft on busy California Avenue. Unique split level construction gives endless possibilities for variety of businesses or live and work arrangement. There is enormous 20X52 main level with hardwood floors, lots of build ins, half bath and sophisticated light fixtures. Few steps up you find 24X24 fully equipped kitchen with huge island, upscale appliances, full bath and balcony. 24X17 lower level could be used fo all kinds of purposes. It`s truly unique property!
No monthly assessment commercial condo. Absolutely incredible new construction, zoned C1-2 on busy California Ave. Huge 2500 sq ft unique split level gives endless possibilities for variety of businesses or live and work arrangement. There is enormous 20X52 main level with hardwood floors, lots of built ins, half bath and sophisticated light fixtures. Few steps up you find 24X24 fully equipped kitchen with huge island, upscale appliances, full bath and balcony. 24X17 lower level could be used for all kind of purposes. It is truly a unique property!
24,400 SF industrial facility on a 1.3-acre lot available for sale. The property is situated off of a frontage road to I-94, with easy access to the Chicago expressway network, including I-90, I-94, I-80, I-57, and I-294. The facility is currently divided into four approximately 6100 SF units - all fully sprinklered with 14' DIDs. Moreover, the neighboring property, 12054 S Doty, a former gentlemen's nightclub that can easily be converted to industrial, with an approximate size of 20,000 SF is also available for purchase. This property can be converted to a myriad of uses on an over 2-acre site. Combining these two properties offers a total of approximately 44,000 SF and over 3 acres. Please see MLS #11945762 for more information on 12054 S Doty.
Approximate 20,000 SF industrial facility offering significant infrastructure improvements conducive to a myriad of uses: adult entertainment/gentlemen's club, nightclub, banquet or large event facility, warehousing, industrial, distribution, cannabis, grow facility, flex, and so much more! Complete renovation in 2009 to a gentlemen's club, this building has been incredibly designed and maintained with a modern build-out and upgraded mechanicals throughout. Can be easily converted back to industrial, warehouse, flex, light manufacturing, or any entertainment type use. Current build-out includes three loading docks, full kitchen, walk-in cooler, walk-in freezer, 8 restroom facilities, showers, courtyard, locker room and more. The entertainment side of the house includes 4 stages, 2 bars, 8 VIP rooms, private entrances, DJ booth, reception, and coat check room. Mechanicals feature eleven RTU'S (ten 20-ton units and one 15-ton unit) offering temperature control, upgraded electric with 1200 amps and 3-phase power, 18' ceilings, fully sprinklered, and a new roof in 2009. Annual maintenance reports available upon request. Tons of value in the infrastructure alone. Security includes security system, retractable gates, and secure fenced site with exterior monitoring systems. Located in a TIF District, this 2-plus acre site with 131 parking stalls offers excellent visibility from I-94 with over 160,000 VPD and pylon signage. Combine this property with an adjacent approximate 24,000 SF industrial facility on 1.3 acres. Please see MLS #11945998 for more information. Loads of potential, incredible value with infrastructure improvements, great visibility and easy access to I-94 make this a must see property.
Approximate 20,000 SF industrial facility offering significant infrastructure improvements conducive to a myriad of uses: adult entertainment/gentlemen's club, nightclub, banquet or large event facility, warehousing, industrial, distribution, cannabis, grow facility, flex, and so much more! Complete renovation in 2009 to a gentlemen's club, this building has been incredibly designed and maintained with a modern build-out and upgraded mechanicals throughout. Can be easily converted back to industrial, warehouse, flex, light manufacturing, or any entertainment type use. Current build-out includes three loading docks, full kitchen, walk-in cooler, walk-in freezer, 8 restroom facilities, showers, courtyard, locker room and more. The entertainment side of the house includes 4 stages, 2 bars, 8 VIP rooms, private entrances, DJ booth, reception, and coat check room. Mechanicals feature eleven RTU'S (ten 20-ton units and one 15-ton unit) offering temperature control, upgraded electric with 1200 amps and 3-phase power, 18' ceilings, fully sprinklered, and a new roof in 2009. Annual maintenance reports available upon request. Tons of value in the infrastructure alone. Security includes security system, retractable gates, and secure fenced site with exterior monitoring systems. Located in a TIF District, this 2-plus acre site with 131 parking stalls offers excellent visibility from I-94 with over 160,000 VPD and pylon signage. Combine this property with an adjacent approximate 24,000 SF industrial facility on 1.3 acres. Please see MLS #11945998 for more information. Loads of potential, incredible value with infrastructure improvements, great visibility and easy access to I-94 make this a must see property.
Amazing Humboldt Park mixed use development/investment opportunity on 49 * 120 lot with C1-1 zoning in a prime location at the corner of two main streets (Chicago Ave. & Homan Ave.) 10-unit building consisting of two storefronts, one 3 bedroom/1 bath apartment, one 1 bedroom/1 bath apartment and six studios. In addition, there is also a 750-sf brick garage. All units are currently vacant except for 2 apartments. Tenants are month to month and the property will be delivered vacant at closing. Income numbers are based on the most recent rents from when it was last fully occupied. The two storefronts were the home of a liquor store and a restaurant @$2,000/month each, the garage was occupied by an auto body shop @$1,000/month, 8 apartments (six studios @$750/month each, one 1 bed/1 bath @$750/month and one 3 bed/1 bath @$850/month.) All units have separate forced air heat and both storefronts also have central air conditioning. Electrical service to the building was upgraded in 2014. There are 11 separate electric meters and three gas meters servicing the storefronts and the three-bedroom apartment. Roof is 5 years old. Cash buyers only. Building needs work and is sold "As is".
Amazing Humboldt Park mixed use development/investment opportunity on 49 * 120 lot with C1-1 zoning in a prime location at the corner of two main streets (Chicago Ave. & Homan Ave.) 10-unit building consisting of two storefronts, one 3 bedroom/1 bath apartment, one 1 bedroom/1 bath apartment and six studios. In addition, there is also a 750-sf brick garage. All units are currently vacant except for 2 apartments. Tenants are month to month and the property will be delivered vacant at closing. Income numbers are based on the most recent rents from when it was last fully occupied. The two storefronts were the home of a liquor store and a restaurant @$2,000/month each, the garage was occupied by an auto body shop @$1,000/month, 8 apartments (six studios @$750/month each, one 1 bed/1 bath @$750/month and one 3 bed/1 bath @$850/month.) All units have separate forced air heat and both storefronts also have central air conditioning. Electrical service to the building was upgraded in 2014. There are 11 separate electric meters and three gas meters servicing the storefronts and the three-bedroom apartment. Roof is 5 years old. Cash buyers only. Building needs work and is sold "As is".
Subject property is a single-story building situated on a 11,569 square foot site at the corner of 17th and State Streets in Chicago's South Loop neighborhood. Currently leased to State Street Hand Car Wash, which is a car wash and detailing services. Positioned amidst a dense commercial area, this property is in close proximity to The Loop, Michigan Avenue shops and restaurants, Jewel-Osco, Whole Foods, Target and Trader Joe's. Landmarks such as Grant Park, Soldier Field, The Art Institute of Chicago, several schools and museums are nearby. Easy accessibility to the CTA Red, Orange and Green lines and the Kennedy, Edens/Dan Ryan and Eisenhower expressways. The site can be redeveloped in conjunction with 1640 S. State Street to develop substantial residential.
West Lawn mixed use with 66.94' frontage on West 63rd Street at the corner of Kolmar Avenue with 125' lot depth. The unique mixed use buildings consist of: 4520 building with (1) retail stores and (1) office space, 4522-4524 building with (2) 2 bedroom apartments, (1) retail stores, 4524 rear building-Unit 4 (1) garage/warehouse with 2nd level storage. Street parking on Kolmar provides 8 spaces and parking lot to the east is not a part of the sale. 22,741 VPD, 1.8 miles from Midway Airport. Zoned B1-1. Across from a park, with 3 parks close by, with an abundance of grocery stores and schools in West Lawn. West to Cicero for restaurants, shopping and hotels. 1 Mile Demographics: POP 30,633 | HHI $75,428
Introducing a prime investment opportunity at 1441 W Cullerton Street, Chicago. This 5,148 SF, 6-unit property, recently renovated in 2020 and featuring modern finishes, is the perfect addition to any multifamily/low-rise/garden investor's portfolio. With in-unit laundry and parking in the rear for additional income, this property offers a hassle-free and lucrative investment. Zoned RT-4 and boasting 100% occupancy, it presents a solid income stream. Located in the sought-after Chicago area, this property is a compelling investment in a thriving market.
Introducing a beautifully renovated 7-Unit East Pilsen Multifamily, located at 2007 S Allport Street in Chicago's dynamic Pilsen neighborhood. This modern, 8,500 SF property includes a beautifully renovated sprinklered brick building with 6 units and a Large coach house featuring a large Duplexed unit and a large 950 SF +/- ground level space used for storage but can easily be converted into an additional unit. The 2019 gut renovation with modern finishes and sprinkler system add to the allure of this investment opportunity that features 2 full floor units. The property holds an attractive 7.65% CAP rate with a current NOI of $130,033 and full occupancy. Ideal for Airbnb with below-market rents and close proximity to Thalia Hall, 18th Street Retail Corridor and public transportation options, this property maximizes income potential. Immerse yourself in Pilsen's cultural vibrancy, artsy ambiance, and diverse entertainment scene with this prime multifamily asset in the heart of Chicago.
1244 N. Cleaver is a six (6) unit turnkey property situated in the vibrant West Town/Noble Square area. All units are updated units with in-unit W/D, radiant heat flooring, split mini AC and tankless water heaters, sleek kitchens featuring stainless steel appliances and granite countertops. Highlights include potential to Duplex up on top floor, reduced property taxes and an assumable loan with favorable terms to enhance cash flow from day one. Two (2) parking spaces in the rear of the building generate additional income. This property is strategically located near transportation hubs and highways, offering both appeal and convenience. Don't miss out-schedule your showing today!
Attention Investors: Desired Lincoln Park mixed-use building. Established salon on ground level, 2 - 3bdrm apts, and 1 - 1bdrm. Each unit is spacious and updated- hardwood floors, in-unit washer/dryers, dishwasher, private updated deck for each apt, 6 car parking in the back. Newer individual HVAC forced air units, newer separate hot water tanks. Blocks from DePaul University - easy to rent. Great for investment and/or owner-occupied. Can't beat the location!
Here's an outstanding investment opportunity: an all-brick 6-unit building nestled in Chicago's vibrant South Shore neighborhood. Positioned on a corner lot, this property basks in natural light and boasts proximity to key attractions like Tiger Woods Golf Course, Rainbow Beach, and convenient transportation hubs. With easy access to CTA bus lines and two Metra-train stations, attracting tenants is a breeze. Additionally, the property features an attached brick 3-car garage, adding value and convenience. What sets this investment apart is its guaranteed rental income and positive cash flow, ensuring a steady return on your investment. Don't miss out on this chance to capitalize on the flourishing real estate market in one of Chicago's most sought-after areas.
Seize a Prime Investment in Austin's Booming Neighborhood! This mixed-use commercial property is a lucrative opportunity for rental income and long-term capital growth. Featuring 4 fully occupied units, including a storefront (currently a thriving grocery store and restaurant), two modern 1-bedroom apartments, and a roomy 2-bedroom unit. Tenants cover their own gas and electric, ensuring low operating costs. The property offers gated parking for 4 vehicles, low taxes, and is strategically located near the I-290 expressway and just blocks from a train station. Recently upgraded in 2023 with a new roof, floors, AC, paint, plumbing, fixtures, and appliances, this is a turnkey investment you don't want to miss!
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!
Listings courtesy of MRED as distributed by MLS GRID
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