The median home value in Chicago, IL is $320,000.
the county median home value of $228,000.
The national median home value is $231,815.
The average price of homes sold in Chicago, IL is $320,000.
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
Learn more about Chicago Real Estate.
An excellent business opportunity in this prime, convenient and heavy traffic location. This great commercial space features 2500 square feet of versatility for your business ideas, a new roof (2016), new HVAC (2016), new flooring (2016) and updated electrical fixtures. Great condition, two bathrooms, street front parking, private parking in the back and conveniently located on a major street. 24 Hr. Notice Required.
Incredible opportunity to buy an 8 CAP! This solid brick 6 unit building has everything you could ask for in today's buy and hold investment market! Currently occupied by long term tenants on month to month leases who are paying under market rents. The current cash flow is off the charts and if you do some light house cleaning you should easily be able to raise the rents by another 20%-30%! Get in now since this is clearly a property that cannot be found in the area and marketplace today! The property is huge and offers (3) 3bd/1bath units at 1,050 SF, (2) 2bd/1bath units at 900 SF, and then (1) garden one-bedroom ($900/month, 750 SF, non-conforming). 3 car garage and laundry on-site. Well kept units. This property sits right across the street from Smyser Elementary School. The building is heated by hot water baseboard heat, there is a newer 127-gallon hot water tank, and each unit has its individual circuit breaker. Tenants are responsible for cooking gas and electricity. Portage Park 5 legal units and 1 non-conforming unit for a total of 6 units in the building. Agent-Broker Interest
3900 S Western Ave features a .99-acre site with a 4,000-sf building and fenced parking lot. The site is on a hard corner offering unparalleled exposure to 12 lanes of traffic (23,000 VPD) and the Metra tracks overhead. The site is directly across from McKinley Park, which drives local traffic to the site. Zoned B301, the site is ideal for retail, restaurant, medical, and service-oriented users.
Amazing opportunity awaits!! A GREAT LOCATION RIGHT OFF THE I-90 SKYWAY ON THE INTERSECTIONS OF SOUTH CHICAGO AVE. COMMERCIAL AVE. AND JUST NORTH OF 95TH ST. CURRENTLY BEING USED AS A BODY SHOP AND A CAR WASH. . ONLY BUILDING IS FOR SALE, NOT BUSINESS. Office space, two restrooms. Roof is new as of 2019.
Rare find! Very nice mixed use building with a extra legal vacant lot 25x120. The store front is 1920 Sq Ft as well as the 6 room, 2 bedroom unit with a super roof deck. This is an opportunity to do a restaurant build out.
The street-level has an operational bar & restaurant with a full kitchen. All kitchen & bar equipment is included, not the inventory. 2nd level has a barbershop with 7 chairs and 5 office spaces. 2nd level can also be deconverted to a 3/BR, 1/Bath apartment, already plumbed for gas/water/electrical. 3rd level has a 3/BR, 1/Bath apartment with 2 outdoor spaces. The building has 3 parking spots in the rear. Basic stats: 3/bedrooms, 1/bath apartment on 3rd floor, currently vacant, past rent was $2500; 5 office spaces on 2nd floor all vacant; Barbershop with 7 chairs on 2nd level - vacant. Bar/restaurant on the main level with storage and office space in the basement currently leased, rent is $4300, tenant pays all own utilities [except water], lease expires 3/14/2024. Zoned C1-2 [commercial/residential]. The lot size is a standard 25 X 125. Great location and condition! Near 90/94. Surrounding businesses include Hyatt Place Hotel, Audi Fletcher Jones, Mercedes-Benz of Chicago, Hollywood Grill, MB Financial Bank, 5/3 Bank, Home Depot and 5 minutes to the Clybourn Corridor.
Well maintained mixed-use brick building in Schorsch Village. The building has 3 residential units, a storefront currently used as a hair salon with a private basement and a powder room, and a 25X125 vacant adjacent lot. Each residential unit has an in-wall air conditioner, individual heat, and extra storage space. All three units are 2bd/1bath, two of the units have enclosed porches, the owner's unit is the largest with a spacious formal dining room, and a private entrance. Full basement with washer and dryer and a full bathroom. There is a two-car brick garage plus additional exterior parking spaces for each unit. Convenient location, close to public transportation, Shabbona Park, and five minutes from Harlem Irving Plaza.
TERRIFIC OPPORTUNITY TO OWN A 1,050 SQFT 2015 CONSTRUCTION GROUND LEVEL COMMERCIAL CONDO IN PRIME LAKEVIEW LOCATION STEPS FROM THE BELMONT/LINCOLN/ASHLAND INTERSECTION WITH OUTSTANDING VISIBILITY/HIGH VPD COUNT OFFERING ENDLESS OPTIONS; TALL CEILINGS, SOUTHERN EXPOSURE, CENTRAL HVAC & BATH; ZONED B1-3 FOR NUMEROUS USES INCL RETAIL/OFFICE/MEDICAL/DENTAL; LOW ASSESSMENTS; START YOUR NEW BUSINESS, SCALE UP/DOWN, WORK FROM HOME ALTERNATIVE OR INVEST AND LEASE IN A STABLE AREA FOR GREAT RETURNS!
Brick commercial building for sale. Good price, good location. This building with three store fronts is located in the heart of Little Village in Chicago. Little Village is the 2nd highest grossing retail strip in entire Chicago behind only Michigan Ave. The building is located on 26th Street, between Pulaski and Kedzie Ave, which is on a prime location of Little Village with many walk by and car traffics. The building has well maintained by long time owner. Just show your client will like this.
MUST BE CASH or HARD MONEY due to underground heating oil tanks. Currently ground fl is a church & top floor is a 3bd apt converted into a large office. Property close to public transportation, I94, I57 & retail shopping mall. Newly tuckpointed, recently reinforced back porch, gated parking in the back & security system. Soil testing has been done & report can be provided.
Investor/user mixed use building centrally located along visibly desirable Milwaukee Avenue in Gladstone/Jefferson Park. Close to Kennedy Expressway, Blue line, Metra, and minutes from Downtown, O'Hare and Interstate. Well maintained all masonry building. It's a MONEY MAKER!
Lincoln Square newest opportunity. 117 linear feet of front retail prime space. Over 17,000 square feet of retail space. Not interested in just retail not a problem, preliminary plans available for 9,100 SF of retail space with 32 investment units or 21 condo unit development. Let us share with you the possibilities this pristine location has to offer. Schedule you appointment today. Please don't visit during business hours and do not inquire with staff about availability.
Currently, a fast-food convince shop. Look at reviews online almost a perfect 5. This shop is located inside the CTA Blueline before you actually entering the train on the ground level. Over 1.2 million in foot traffic per year. All equipment stays, ready to go. New Ac/heating system. Extremely clean facility. Build out options available with the CTA's permission. Consideration of selling the name with all the recipes. Or take the lease over for $3,000.00 current monthly rent is $950.
Handsome Brick Building on busy Peterson Ave. High traffic counts, great visibility in densely populated and desirable Arcadia Terrace/West Ridge neighborhood. Everything is updated - circuit breakers, brand new roof w/warranty, HVAC and water heater within within last 7 years. This is a versatile space of approximately 3,000 square feet clear span, and can be configured for your needs. Ceilings are 11' and clear span. Well-planned current layout features large showroom/waiting room, reception area, three private offices, and two large storage/production areas in the rear. Men's and Women's bathrooms. This space works very well for medical/dental office, restaurant, retail, or many other uses.
You don't want to miss out on the opportunity to invest in this brick mixed used building. Rent out the bottom unit for commercial space and you could live in the top unit. The top unit features 2 bedrooms, 1 bath, hardwood floors/carpet throughout. The commercial space includes a half bath, stand alone shower, an office and a full kitchen with a washer and dryer hookup. So many features that can make this space very versatile for many opportunities. This is a must see for a great price. Schedule your private showing today!!
1130-1144 N Ashland Development Opportunity! Wicker Park TOD Opportunity - 18500 sq. ft+ of Land Direct exposure to Kennedy Express Way and surrounding thoroughways. Immediate access to local public parks, CTA Division Blue Line, Milwaukee Bus.
Beautiful 7-unit, brick building for sale in Noble Square. Fully leased through June 2021 with $12,050 in total monthly rent. All units were fully renovated in 2018. Kitchens feature dark maple cabinets, white quartz countertops, and stainless steel appliances. Hardwood floors throughout spacious living rooms and queen sized bedrooms. Nice fenced yard in rear of building for tenants to share. High-visibility location to over 19,129 VPD on Chicago Ave and a Walk Score of 97. Nearby parks include Eckhart Park, Park 456 and Bickerdike Square Park. Conveniently located just steps away from #66 Chicago & #9 Ashland bus routes and 0.6 miles from the Chicago Blue Line station.
Great opportunity and location! This auto body shop has been in business for 30 years and still running strong. Approximately 9500 sq ft of building plus an owners apartment. New buyer will have to bring new name and own equipment. Selling as is. Don't let this great deal pass you by, always busy.
Property Description 4520 W North Avenue, Chicago, IL 60639 - Motivated Seller Manufacturing/Industrial/Commercial Property Excellent Redevelopment opportunities; with the likes of national banks, new public storage, Menards across the street, etc. Bring your concept and let's talk. 10,375 +/- Building Square Feet 125' x 83' plus additional parking in the rear of the building 3,125 +/- Square Feet 125' x 25', 13,500 +/- Land Square Feet Zoned M2-2 Light Manufacturing/Industrial/Commercial, PMD 9 The building is split into two tenants, West half of the building is free standing 5187.5 +/-, The warehouse area 1200 amp, 220 three phase electrical. , one drive in door 10W x 11H, ceiling height is 12 +/- feet in the warehouse. The office area is approximately 800 +/- square feet; office entry, two bathrooms, one office, a lunch room, one small production manager office for the warehouse. The East side of the building is also 5,187.5 +/-, 220 three phase as well as 110 electrical, The warehouse area 14 +/- foot warehouse has four walls, clear span steel truss and small office area 15 x 25 office, one bathroom, sink and shower. The warehouse also enjoys three metal sliding doors (2) 10 x12 (1) 15 x12 tenant clear span. The property is conveniently located just a few miles north from the Eisenhower expressway (290) and a few miles south from I-90 Kennedy expressway, 30 mins from Midway airport. 35 minutes O'hare.
THIS SPACE IS A LIVE AND WORK SPACE. Utilities are included: Heat, Water, AC, Cable TV, Internet. Great for office space. 1900 Sq Ft, Sunny south west corner Live/work 3 bedroom + den, could create a 4th or 5th office. Upgraded Kitchen w/Granite, Cherry Cabs, S/S Appls, Brkfst Bar, Separate dining area. Home has 2 master suites, each w/ private bath and large walk in closet for storage. Building features; 21st floor roof top sun deck with 2 hot tubs and Party Room, Health Club, 24 hr door staff, Dry Cleaners. Near; CTA, Lake, Loop, Target, Jewel, Parks. Heated Garage parking included in the price.
Corner lot retail building one block away from Pershing Road near Guaranteed Rate Field. High-visibility location to over 3,575 vehicles per day and a Walk Score of 62. Property is gutted and ready for your ideas. Ideal location for retail, boutique, or office. Nearby retail tenants include U.S. Bank, Shinniks Pub, The Stockyard Coffeehouse, Kevin's Hamburger Heaven, Life Storage, Taqueria Mi Lindo Mexico, Pershing Road Express $3 Car Wash and many more. Easily accessible to public transportation, 0.2 mile from CTA Bus #44 Wallace- Racine, 0.9 mile from CTA 35th Street Red Line station, and less than 0.5 mile from I-90.
Located in the heart of Woodlawn, there is not an opportunity such as this on the entire south side and this is one you will not want to pass on! This building is a true 6 unit building, first floor unit on the north side is duplexed into the basement unit, would be a great owners unit while collecting amazing cash flow from the other units. The large center entrance splits the building allowing each unit to truly use the most of the space. Each unit is a full floor unit, large classic living room with decorative fireplaces, sun drenched sun rooms in each unit as well as formal dining room with built ins that provide an extra level of character in each unit. There are two bedrooms in all units, large dining rooms, nice size kitchens and four of the 6 units have separate furnaces, individual heat in each unit! Huge value add! The basement on the south side of the building is great for storage and coin laundry, the building is a diamond in the ruff and will need a buyer who has the vision to bring this back to the original glory days! The location should not be overlooked, less than 4 blocks from Washington Park, minutes from University of Chicago, minutes from Jackson Park and the lakefront, blocks from the Dan Ryan and Red Line! this building offers tremendous upside, amazing cash flow potential, repairs are needed, this is an as-is sale but opportunity does not knock like this very often! Get inside as it will not sit on the market for long at this value!
Phenomenal 6-unit all brick Multi Family in East Chatham is looking for a savvy investor. This property is an Investors Dream that has been gutted to the studs and is in need of creative ideas to transform this shell into a cashflow generating investment. All Buyers who are interested purchasing this building must abide by a regulatory agreement that will require that 51% of the units be kept at 80% AMI rents and income for a period of 10 years. In addition, this property is corporate owned and is being sold "As-Is", tax proration will be at 100%, no survey or disclosures will be provided to the buyer. All city violations (if any) will be the responsibility of the new owner. To submit your offer, please have your agent download the Bidders package found in the Additional Information tab on the MLS. All Buyers MUST show proof of funds to purchase as well as to Rehab! Don't miss out on this great opportunity. Call your broker and schedule a showing today! Let's GO!