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.
$161,160/year Gross Income | $124,171.00/year Net Income | 6.9% Cap Rate - Impressive for being 1.6 Miles East of Western Ave! | THEE Quintessential Turn Key Investment at 1309 West Ohio Street | Nestled between the Fulton Market District & River West Neighborhoods, this Multi-Family Building in HOT WEST TOWN has 8 Units designed with (8) One Bedroom Apartments | Unique & Money Making Floor Plans | Rear Apartments have their own Decks! | Wood-Planked Sundeck with Spectacular Views of the Downtown Chicago Skyline | Coin-Operated Laundry Facilities | HVAC Systems in all the Apartments | Tenants responsible for Gas (Heat & Cooking) and Electricity - LOW OPERATING EXPENSES | FULLY LEASED/Occupied with Solid Leases | Separate Water Heaters | 3 Leasable Exterior Parking Spaces (1 Tandem & 2 Single) | Well-Maintained & Professional Self-Managed throughout its ownership | View all 41 images (including Floor Plans) | Video tours and OM available upon request.
$233,460/year Gross Income | $185,472/year Net Income | 7.0% Cap Rate - Impressive for being 1.5 Miles East of Western Ave! | THEE Quintessential Turn Key Investment at 1500 West Walton Street & 940 North Greenview Avenue | Nestled between the Wicker Park & River West Neighborhoods, these 2 Multi-Family Buildings in HOT WEST TOWN have a Total of 10 Units designed with (6) One Bedrooms & (4) Three Bedroom / 2 Bathroom Apartments | Unique & Money Making Floor Plans | 2 Apartments with In-Unit Laundry | 2 Coin-Operated Laundry Facilities | Gas Forced Heat in all the Apartments, Central A/C at 1500 W Walton and Window A/C Units at 940 N Greenview | Tenants responsible for Gas (Heat & Cooking) and Electricity - LOW OPERATING EXPENSES | FULLY LEASED/Occupied with Solid Leases | Separate Water Heaters | Well-Maintained & Professionally Self-Managed throughout its ownership | View all 57 images (including Floor Plans) | Video tours and OM available upon request.
Unicorn Alert set in The Brooklyn of Fulton Market on the confluence of the West Loop in River West nurtured and cherished by the long-term owner occupants for 40 years. This value-add classic tandem brick legal 6-unit workhorse building could be packaged with an urban garden side lot for collective campus of 47.98' of frontage on a 127.48' deep lot. Hyper-convenient burgeoning with independent and cultural boutiques, restaurants, commerce and connected minutes to multiple gateways of transit set on a whimsical Iconic Chicago Streetscape. The building has been family occupied throughout ownership and is the perfect canvas for your next project, investment, multi-generational play or home offering a significant value-add opportunity. The playbook is open on what you can do here with limitless potential for creative configurations. Interior stairs to the rooftop with absolutely jaw-dropping views of the Loop. Savvy investors can purchase the side lot for enhanced living or develop to maximize their investment and income potential as sellers are willing to consider a zoning contingency. The building features separate utilities and a full basement. 1318 W Ohio Lot (Garden) $550,000. Seller will consider a zoning contingency for redevelopment of the lot having abundant precedence in immediate area. Sold in "As Is , As Seen Condition" . Sellers will require up to 90 days of post-closing possession for 4 units . Balance of units are leased to month-to-month tenants @ 1100 per month. Some exclusions apply. See brokers private remarks. Actual income 24K annual AS IS. No expenses reported. taxes are senior freeze and home stead. Side deck attached the building is not necessary and was added for sellers use related to psuedo combined use of 1S and 1N . Building is 1322 W Ohio and Garden/Lot is 1318 W Ohio. Building Department lists property as 6 dwelling units.
Unicorn Alert set in The Brooklyn of Fulton Market on the confluence of the West Loop in River West nurtured and cherished by the long-term owner occupants for 40 years. This value-add classic tandem brick legal 6-unit workhorse building is packaged with an urban garden side lot for collective campus of 47.98' of frontage on a 127.48' deep lot. Hyper-convenient burgeoning with independent and cultural boutiques, restaurants, commerce and connected minutes to multiple gateways of transit set on a whimsical Iconic Chicago Streetscape. The building has been family occupied throughout ownership and is the perfect canvas for your next project, investment, multi-generational living or home offering a significant value-add opportunity. The playbook is open on what you can do here with limitless potential for creative configurations. Interior stairs to the rooftop with absolutely jaw-dropping views of the Loop. Savvy investors can keep the side lot for enhanced living or develop to maximize their investment and income potential as sellers are willing to consider a zoning contingency. The building features separate utilities and a full basement. The Garden is an urban oasis populated by mature pear and quince trees- where the easy dance of nature unfolds, featuring a mesmerizing koi pond ten-feet in diameter complete with fountain for meditative immersion. Lose yourself in the garden, adorned with established ornamental vines, fruiting trees, and shrubs, and dedicated raised bed vegetable garden. Wander beneath the 12' x 12' pergola poised gracefully over a cement patio with room to sit and observe. This side yard seamlessly blends urban living with the enchantment of nature, offering a unique haven. Building can be sold separate at $1,200,000 and Garden $550,000 Sold in "As Is , As Seen Condition" . Sellers will require up to 90 days of 4 units plus basement post-closing possession Balance of units are leased to month-to-month tenants @ 1100 per month each. Some exclusions apply. Taxes are reflective of senior freeze and senior homestead exception. 2 pins. If properties are split, side deck/stairs attached the building encroaching on the lot is not necessary and was added for sellers use related to psuedo combined use of 1S and 1N . Building is 1322 Ohio and Department of Buildings Records indicates 6 Dwelling units. Garden/Side Lot is 1318 Ohio.
Gut rehabbed in 2016-17 unit Multi-Family apartment building in Chicago's popular Noble Square/ West Town area! This building had undergone a complete remodel featuring brand new hardwood floors, upscale stainless steel & granite kitchens, lavish bathrooms finishes, lighting fixtures, all electric, HVAC, plumbing, underground sewer and floor prevention systems & in unit washer/ dryer installation! The building offers front, middle & rear separate buildings with apartments from 1 Bed/ 1 Bath to 3 Bed/ 2 Bath options! Close to Wicker Park, Fulton Market, the el, expressways, shopping, restaurants and bars, parks, and more!
Unique mixed use building located in Chicago's well known River West neighborhood. The building is comprised of Three (3) Two (2) bedroom One (1) bathroom units. All have central heat and air. Two of the three residential units have in unit laundry. The second floor unit has laundry located in the basement. The ground floor unit is currently occupied by an established book store with a lease in place until 2024. All of the units include one parking spot. The general area has seen significant developments due to its proximity to the Loop and public transportation. The location benifits from C1-3 zoning which allows for a number of different uses for the commercial space. The building is fully occupied.
1374 W. Grand Avenue is a three-story mixed-use building located in Chicago's West Town Neighborhood. The property was originally constructed in 1878 and extensively renovated in 2006, with 7,830 SF of space on three floors above grade and a full height 2,750 SF basement. The property has been operated for the past 22 years as Bella Notte Restaurant and Bar, a popular neighborhood establishment. The restaurant occupies the first and second floors and the third floor is configured as a 2,346 SF apartment. 1374 W. Grand is immediately north of Chicago's Fulton Market Neighborhood and proximate to the proposed Bally's Casino slated to be developed in the former Chicago Tribune site on the Chicago River. With numerous commercial, hospitality, and multifamily developments in immediate surrounding areas 1374 W. Grand is well positioned to capitalize on local growth. This offering presents an investor or operator the chance to acquire a highly improved property with a turn-key restaurant business for a basis far below replacement cost, or capitalize on the B3-2 zoning and create additional multifamily dwelling units.
Gateway to the Lincoln Yards Development! Extremely visible 12,500 SF corner commercial building located directly across from one of the city's largest Home Depot locations. Sale Price of building has been price reduced! High traffic North Avenue sees 33,200+ vehicles per day. This location is home to nuEra Dispensary. There is a total of 3 units in the building. Two spaces are coming available for lease soon: 7,593 SF corner space of Grand Appliance & TV store and 1,782 SF of Lumber Liquidators (with 1 drive-in door). These two spaces can be combined for total of 9,375 SF available for lease. $25 PSF NNN. Population of 290,190 within 2 mile radius with 149,877 households and average household income of $148,842. Do not miss this flagship opportunity!
Huge duplex down commercial condo in the heart of River West bordering the exploding West Loop, West Town, and Fulton Market neighborhoods! This beautifully rehabbed unit was updated in 2021 and boasts 2 floors, a well thought out floor plan, and beautiful finishes. The open concept first floor has hardwood floors, dramatic ceiling height, tons of natural light, a snack station, extra storage areas, and a bathroom. The lower level layout was expertly designed with a gathering area, a gorgeous glass enclosed conference room and office, kitchen, bathroom, and hidden server room. Floor to ceiling windows on the first floor allow tons of light to both levels through the large atrium. There's space for 3 parking spots in the rear of the building. The property is located in a highly dense residential and commercial area with strong vehicular traffic counts. Area tenants include My Chicago Golf, Orange Theory, CVS, Dunkin' Donuts, Urban Market, Matchbox, Starbucks, Erie Street Auto Body, and many more. You're only 2 blocks to the Blue Line L stop and access to Kennedy Expressway. This is the perfect space to showcase your business!
The subject property is located at 1046 North Milwaukee Avenue, Chicago, IL 60642 (the "Property"), this Storefront/Retail Residential building - investment/owner-user/re-development opportunity. This is an urban mixed-use building located in Chicago's dense West Town/Noble Square neighborhood. Featuring a 3-story building, 3,900 SF GLA, and 1,554 SF site. The subject property is zoned B3-1. The building consists of one commercial/retail space, two large apartments, and a private rooftop with magnificent views. 1050 North Milwaukee Avenue (the "Property") - next door is also listed and available for sale. The subject property is situated in a mixed retail/office and residential city setting.
Location, Location, Location, Church building for sale in the hearth of Noble Square neighborhood, one story brick building about 1850 sqf. with a full basement. This building has been a blessing to the current congregation for many years and now is time to move on. Continue using as a place of worship or convert to commercial or residential use. Location is booming with lots of new construction. potential uses could be but not limited to; 2 story single family home or multi family building (RT4) already in place, convert to a neighborhood specialty restaurant, coffee shop, bakery, breakfast place, or neighborhood convenience store, use as a live-in artist art studio, or professional services office. Very family and pet friendly neighborhood with good foot traffic. property is just a block away from Pulaski park , 2 minutes to I90, Ashland Ave and Milwaukee Ave.
Location, Location, Location, Church building for sale in the hearth of Noble Square neighborhood, one story brick building about 1850 sqf. with a full basement. This building has been a blessing to the current congregation for many years and now is time to move on. Continue using as a place of worship or convert to commercial or residential use. Location is booming with lots of new construction. potential uses could be but not limited to; 2 story single family home or multi family building (RT4) already in place, convert to a neighborhood specialty restaurant, coffee shop, bakery, breakfast place, or neighborhood convenience store, use as a live-in artist art studio, or professional services office. Very family and pet friendly neighborhood with good foot traffic. property is just a block away from Pulaski park , 2 minutes to I90, Ashland Ave and Milwaukee Ave.
Attractive, solid, large, single-story truss warehouse building. Perfect for distribution, art gallery, restaurant, Showroom, fitness center, etc. Great location near the Kennedy, Elston Corridor, Lincoln Yards, Salt Shed, Bucktown, Lincoln Park. Tall ceilings, overhead door and 6 skylights.
Fantastic brick multi-unit building in Wicker Park. This well cared for building has a patio in the front and green space in the rear plus parking for 3 cars. Tenants pay their own gas and electric. Vacant attic with possible room to expand. Tenants pay their own gas and electric. Close to shopping, Pulaski Park, The 606 trail, Blue line, and 90/94 Dan Ryan Expressway.
The subject property is located at 838-840 West Grand Ave., Chicago, IL 60642 (the "Property"). This is an urban mixed-use investment located in Chicago's dense and affluent River West neighborhood. The subject property is zoned DX-3 and situated in a mixed commercial and residential city setting. Featuring a two-story building, 6,243 SF GLA, 3,092 SF (76.74 x 40.29) lot, and 4 plus car parking. The latest neighborhood investments such as new construction condos/rentals, restaurants, nightlife, supermarkets have steadily brought in new homeowners and tenants to this thrilling neighborhood of Chicago. The subject property presents the unique opportunity to acquire a stand-alone building in Fulton Market District. This is an excellent investment and potential future development opportunity.
HOT "WEST LOOP" GARAGE STYLE BUILDING WITH SECOND FLOOR OFFICE. CURRENTLY USED AS A CONTRACTORS SPACE. EXCELLENT REDEVELOPMENT OPPORTUNITY FOR BOUTIQUE/CREATIVE OFFICE SPACE OR LIGHT PRODUCTION/MANUFACTURING SPACE. A MUST SEE!
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