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.
((Motivated Sellers just Dropped the price!)) Decent looking property with some Great Value Add, (still needs a bit of work)... ((8 unit / But its a Legal 6 unit & There's 2 Buildings on the property)). The property is located in South Chicago directly across the street from Bessemer Park with a great swimming pool and tennis courts and right around the corner from Baker College Prep. Several units have been renovated being unit 1B, 2B, 3A, 3B and the coach house units. All the decks have been updated and are to code. The building has some newer windows that have been installed over the past few years. The property does not have any violations and will pass all inspections. All utilities are separate and paid for by the tenants. The building is sitting at a decent cap rate of 7.14% now and that's with only 4 of the 8 units rented & occupied. If all units are rented & occupied the cap rate would be at least a solid 14% conservatively. ((48 HOURS NOTICE IS REQUIRED FOR ALL SHOWINGS PER ILLINOIS TENANTS RIGHTS))
****THIS BUILDING IS PART OF AN REO PORTFOLIO SALE AND INCLUDES 5 BUILDINGS (118 TOTAL UNITS): (1) 8100-8110 S Paulina St, Chicago IL 60620, (2) 8200 S Paulina St, Chicago IL 60620, (3) 8102 S Maryland Ave, Chicago IL 60619, (4) 7157 S Yale Ave, Chicago IL 60621, (5) 7849 S Escanaba Ave, Chicago IL 60617.******/// 7849 S Escanaba Ave is a 24-unit building in Chicago's South-Lakefront South Shore neighborhood. Property is also located in TIF district. This property has a unit mix of six (6) storefronts, twelve (12) one bed/one bath units, three (3) two bed/one bath units, and nine (9) 3 bed/1 bath units. This beautiful masonry building will require moderate renovation. Built in 1930 and boasting 27,000 sq ft of space, 7849 S Escanaba Ave offers a unique opportunity to contribute to the continued enrichment of the South Shore neighborhood.
GREAT INVESTMENT! FULLY RENTED 5 UNITS (WITH POTENTIAL FOR 6TH GROUND UNIT/IN LAW UNIT)! RECENTLY REHABBED 2 BUILDINGS ON THE SAME LOT! FRONT BUILDING HAS 2 UNITS (POSSIBLE 3RD)! BACK BUILDING HAS 3 UNITS! 4-2 BEDROOMS UNITS AND 1-3 BEDROOM UNIT! TENANTS PAY FOR GAS AND ELECTRIC! TENANTS IN 3 UNITS ARE THE LONG TERM TENANTS! 2 UNITS JUST RENTED! INCOME COULD BE HIGHER! BUILDING IS CONVENIENTLY LOCATED CLOSE TO THE STORES, HIGHWAYS AND PUBLIC TRANSPORTATION!
1710-1714 E 87th St Phenomenal Opportunity to own this solid well built 3 unit commercial building zoned B3-1 for a variety of uses. 3 units could easily be converted to one single large 2600 sq ft unit. Parking in rear and currently occupied by one occupant. Available for immediate occupancy. Situated near busy corridor of 87th and Stoney island with over 11,700 daily traffic counts. Separate utilities and 3 separate Central Air units.
Calling all potential investors! Great space to live where you work! Check out this well maintained mixed-use property in the South Shore neighborhood. First floor has separate heat and A/C. Can be used for any retail store recreational, office space etc. The upstairs unit boasts 3 beds and 1.5 baths. Perfect for for the ideal shop owner or perhaps another source of income. Property being sold AS-IS. Waiting for you to bring back to life! Schedule your showing today!
"ATTENTION INVESTORS" Property is currently fully occupied with four apartments and one commercial (barber shop) Number of residential units will be confirmed once the zoning certificate is received, being sold "AS IS" Motivated seller bring your best offers.
Prime Chicago Commercial Investment Opportunity !!!!! This is your chance to invest in the heart of Chicago! Presenting a unique and lucrative investment property that combines the best of both worlds: Six spacious, well-appointed apartments and Six versatile storefronts, all under one roof! This property offers the perfect blend of residential and commercial income. This South Side property has excellent foot traffic, it's located on a main well known Street. This location is surrounded by numerous restaurants, shops, and public transpiration !! All 6 apartments feature 1 bedroom, 1 bath and all similar updates. All 6 apartments are rented and are bringing in income .All 6 versatile storefronts feature large display windows, ideal for entrepreneurs and business looking for prime retail or office space .Each storefront features high visibility and great rental income. 3 Storefronts are leased , 3 are ready for you to bring your vision to life . There are currently two beauty shops and one barbershop. With a strong rental history and the thriving location, this property promises excellent cash flow and long-term growth potential for investors .The combination of residential and commercial spaces diversifies your income streams, making a robust investment opportunity. Don't miss out on this amazing investment opportunity . Contact me today to schedule a viewing and explore the the potential of this unique property. This property is being sold as is !!!
Excellent all brick office building in the heart of Chicago's east side neighborhood. It has been used as a medical office for decades. Keep the same use or it can be used for professional offices. There are 7 treatment rooms, Reception areas, waiting areas, a conference room, file rooms, a copy room and other utility rooms. It has one full bath and two half baths. The 2 car garage is attached.
Location, Location, Location Great Location on 8rd Street It's currently being use as a Daycare and Owner is willing to talk about selling the business. But this property can be 3 separate offices each unit has it own bathroom and front and back exit door, shared kitchen. A//C on the roof. Being SOLD AS IS but in good condition. Cash or Conventional Only.
RAW OPEN SQUARE FOOTAGE! READY FOR YOUR BUILD OUT! This 2-unit building is accompanied with two adjacent lots (2 separate pins). Being Sold As-Is! Some serious plumbing improvements have been made for its original purpose for a restaurant! But could make an excellent office/medical, warehouse whatever your dream purpose are! Comes with 2 parking lots on either side of building! Drive by first or schedule for private showing! Permit rendering included on mls. Owner has verbal approval for a liquor license for the property call me for details.
GREAT INCOME OPPORTUNITY ON THIS HUGE ONE STORY OVER 10,000SF COMMERCIAL BUILDING W/3 SEPARATE OPERATING BUSINESSES .... CAR WASH-AUDIO STORE- TIRE SHOP. LOCATED BLOCKS FROM THE CHICAGO SKYWAY IN UP AND COMING EAST SIDE OF CHICAGO. ALSO, NEED MORE PARKING? OWNER HAS 5 VACANT LOTS AVAILABLE RIGHT ACROSS THE STREET AND CAN PROVIDE A PACKAGE DEAL. 1(9712 S AVE L) 2(9654 S EWING) 3(9656 S EWING) . PLEASE DO NOT DISTURB TENANTS AND ANY QUESTIONS ON FINANCIALS CONTACT LISTING AGENT
Excellent retail area. Four-Store Fronts, single story, 3 occupied and 1 vacancies. The interior is in turn-key condition. The buildings are being sold as a package. Additional PINS# 25011000060000; 25011000080000. Individual acquisition can be discussed with broker. High traffic area, neighbors include Walgreens, CVS, High income households and more. Seller will consider ALL OFFERS!!
7931 S. Manistee is a seven (7) unit building in Chicago's historic South Shore neighborhood. Nestled on a one-way, tree lined street, the building sits within walking distance to an abundance of public transportation options, Lake Michigan, and Rainbow Beach Park. Over the past few years, South Shore has seen a wealth of new developments due to its proximity to Lake Michigan, the upcoming and developing Obama Presidential Library, along with $100 million project located at 79th & Exchange, Thrive Exchange, located just two (2) blocks away from the subject property. 7931 S. Manistee has an incredibly desirable unit mix comprised of seven (7) 3bd/1ba units. Each unit features hardwood floors and spacious floor plans with separate living and dining rooms. Recent improvements to the building include, but are not limited to: copper plumbing, modern boiler with R&D control system, an abundance of masonry & tuckpointing work, along with newer windows. 7931 S. Manistee presents an investor with the opportunity to acquire a stabilized, cash flowing building with a significant value-add component. At list price, the building performs at a 9.2% cap rate. However, solely by raising rents to current market rate levels, an investor could achieve an 11.37% cap rate and cash return of nearly 22%.
Beautifully maintained vintage 7-unit building on a nice tree lined street. All the charming details are there - excellent woodwork, nice fireplaces, and stained glass. The units are spacious with separate dining rooms and generous living rooms. The 8100 block is a pleasant mix of single family homes and small apartment buildings. The building is in good shape, with a new boiler in the basement. 8th unit possible on the north side of the garden level. Lots of long term tenants. Broker Owned. As is 8.6% Cap Rate, Pro Forma 12.6%.
Large commercial property on a double lot. The 2nd level has been gutted, but some framing is left for the next owner to utilize. Its prior use was a business on the ground level with 3 apartments on the 2nd level. It's spacious inside and sits on two lots. The second lot and space infront of the building can be used for parking. It's close enough to walk to Calumet Park and minutes from the Indiana border. SCHEDULE A SHOWING TODAY!
Industrial building situated on approximately 5.5 acres of land in the Pill Hill neighborhood of the City of Chicago. Built in 1946, the one-story masonry constructed building on 9336 S. Jeffery measures approximately 13,709 SF. It has 10 offices with 2 Kitchenettes located on the 1st and 2nd floors. 3 oversized Garage openings for shipping and receiving. The property offers parking in an open parking lot. The warehouse provides an opportunity for a multitude of uses, including but not limited to automotive, office, and retail. This property has a completed Environmental Protection Agency report done and ready to be sold today!
Brick building/Zoned RT-4. Last usage- A Community Center and office space. Can be used as residential property, per appraisal. Building has updated Office space. It has a Gymnaisum and Parking Lot! Being sold AS-IS. Majority of the building has been rehabbed and other half needs to be rehabbed. Sellers will review all offers. Buyers must be pre-approved, have loan commitment, if cash buyer(s) please have proof of funds.
Great Retail space and apartment on busy 87th Street. Can also be used as a commercial store front, childcare and many other uses. . Second Floors Needs Rehab , Minutes from lake & RT 41. Two Solid Blocks Garage in the Back with Extra Lot East of the building , Can be a great location for TIRE SHOP BUSINESS , Two TAX PIN NUMBERS : 21314270360000 BUILDING 21314270370000 LOT
Excellent rehab project for an experienced investor or developer. Rarely available 6 unit brick building in Chicago's South Shore neighborhood. City approved and transferrable plans include two duplexed first floor (4) bedroom (2) bath units and four (3) bedroom units. 4 car garage. Fantastic location with easy access to shops, parks and public transportation.
Good Investment or Business Opportunity. High traffic area! Great location with numerous updates over the years. very well maintained. 2 Store Fronts with long term tenants, A month to month tenant, and a yearly lease for the 2nd tenant. Don't miss a Great Opportunity!!!
Two buildings on one lot. The front building is an exceptionally large single family brick house. Sales Price includes both buildings. (Business is not included.) It has hardwood floors throughout most of the building. The main floor has 3 bedrooms, living rm. kitchen, large dining room and a full bath. The second floor has 2 bedrooms. The rear building is rented out as a restaurant, the current lease is month to month. This is a well sought location and can be an excellent opportunity to overlook your business from home. Or have the rental income help pay the building. Property has 2 addresses on one pin #. Taxes are based on no exemptions. Make this your dream come true!
Listings courtesy of MRED as distributed by MLS GRID
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