The median home value in Chicago, IL is $360,000.
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 $360,000.
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.
TURNKEY INCOME - GENERATING 2 UNIT BUILDING FOR SALE! GREAT LOCATION! VERY WELL KEPT! LOW PROPERTY TAXES A YEAR - LESS THAN $4000. THE PROPERTY CURRENTLY GENERATES $1,550 A MONTH IN RENTAL INCOME. FIRST FLOOR CONSISTS OF A LARGE RECEPTION AREA AND SEVERAL OFFICE SPACES THAT WERE USED AS DENTIST'S OFFICE AND IS NOW RENTED BY A BOILER HEATING SPECIALIST. THE SECOND FLOOR CONSISTS OF A 2 BEDROOM APARTMENT, A LIVING ROOM WITH LARGE WINDOWS, AND A SPACIOUS KITCHEN WITH BUILT-IN CABINETS, AND OVEN AND REFRIGERATOR. THERE IS A SEPARATE DINING ROOM. BATHROOM IS CHARMING WITH A TUB AND SHOWER COMBINATION. THE GARAGE NEEDS LITTLE TLC. A LAUNDROMAT IS LOCATED ACROSS THE STREET CLOSE TO MANY SHOPS AND RESTAURANTS AND PUBLIC TRANSPORTATION. FINANCING IS ACCEPTED. SOLD AS IS, PROPERTY IS ELIGIBLE FOR TIF AND NOF GRANT FUNDING. THAT'S MONEY IN YOUR POCKET!
1820 Sq Ft building on busy street. Current use: dental office. 2 restrooms, lunchroom. Plus a private restroom in owner's office. Bring your business and decorating ideas. Sold AS IS! Private parking behind building. Perfect for a hair salon, child care services, office space, retail store, tatoo space, etc. Current use: Dental Office
Currently rented as a Dog grooming Business on a Lease. 1600 Sq. feet rentable area with a 1/2 basement. Parking at rear of building for about 6 cars, plus on street parking. Estimated building size 24 x 67- Flat roof.
Turnkey new construction investment centrally located on the Taylor Street corridor between Illinois Medical District to the West and University of Illinois Chicago to the East. 2019 construction with a desirable unit-mix, modern in-unit amenities and luxury finishes including in-unit laundry, granite countertops, individual HVAC, private balconies, etc. The first floor is leased to a national tenant - Insomnia Cookies - on a new 10-year net lease providing stable, long-term cash flow with annual increases. Value-add potential with increases in rent to reflect recent rental comps in the area, finishing out the rooftop deck and monetizing the basement storage area. All three apartments are large 4BR/2BA units. Low expense ratio with Insomnia responsible for 50% of the property taxes and building insurance. Excellent area tenant base to draw from with UIC (34,000 undergrad and post graduate students - largest university in the Chicago Metro Area) and Illinois Medical District (29,000 employees, 50,000 daily visitors and $3.4 billion in economic opportunity - the largest medical district in North America).
Incredible Hermosa location bordering Logan Square! Enjoy a pristine & profitable 7-unit! This beautiful turnkey building is located across the street from Sharon Christa McAuliffe Elementary School & Playground with easy access to the 606 Trail, public transportation, shopping, restaurants, and multiple parks! Enjoy a well-maintained property consisting of (3) 1-bedroom units, (3) 2-bedroom units, (1) 3-bedroom unit, (4) coin laundry machines, (6) tandem parking spaces, & (2) bonus storage rooms! As you approach this home, note the ample off-street parking for guests, stunning brick curb appeal, gated lot, and easy-to-maintain landscaping. Step into the main entrance to be greeted by a formal foyer with durable tile flooring, built-in mailboxes, stunning woodwork, & security doors. Proceed to the sunny lower-level unit offering 3 bedrooms (with potential for 4th) & 1 bathroom; all the while boasting tall ceiling heights, above-grade views, & sunny windows throughout. Proceed up the main foyer to access upper-level units; each updated and pridefully well-kept by responsible tenants. Each floor boasts a mix of one (1) bedroom and one (2) bedroom apartments featuring beautiful wood flooring/wood laminate flooring, fresh paint, upgraded appliances, updated fixtures, upgraded kitchens/baths, upgraded windows, updated mechanicals, & MORE! Each apartment offers 2 separate entrances, a dedicated in-unit furnace, and 2 apartments feature central air. All apartments are spacious, feature stunning restored woodwork, and offer abundant natural light. All units are separately metered and tenants are responsible for their own gas and electric. Perfect opportunity for a savvy investor. Current rents are under market value with area for improvement! Prime location within walking distance to dining, shopping, the "606 trail", and entertainment will ensure a strong rental demand. Don't miss this opportunity to secure a reliable and attractive addition to your investment portfolio in one of Chicago's most up-and-coming neighborhoods. Contact us today to seize this prime real estate investment in Hermosa! Pre-approval/proof of funds required for showings. Please do not walk grounds or disturb tenants. Tours by appointments with minimum 48hr notice required; Line up your Sunday tour with the listing agent.
2 contiguous fully leased storefront medical offices, located in trendy East Lakeview. Sale price $1.900.000. Cap rate 6.0%. Current NOI $113,372 (May 2024). Tenants: Wellness Homes of Chicago - 4 year NNN lease; and Vesper Aesthetics - 5 year NNN lease. 3% annual rent escalations. Taxes & Opex are tenants' responsibility. B3-1 zoning. 46th Ward / Ald. Clay. Walker's Paradise (91 Walk Score). Each suite is recently renovated with upscale kitchenettes, stylish modern LED lighting, new HVAC systems with touchscreen, independently-controlled thermostats; 2 large ADA restreooms; new flooring and paint. 1 block from Starbucks. 2-3 blocks from Thorek Memorial Hospital and Howard Brown Clinic. Daily VPD = 10,103.
LOOKING TO EXPAND OPERATIONS OR SEEKING A PRIME LOCATION FOR YOUR NEW VENTURE? This building offers the perfect canvas to elevate your business to new heights! Situated on 2 oversized city lots in the heart of Chicago, this distinguished 5,882 sqft all-brick building stands tall as a USDA FSIS Inspected Establishment, ensuring the highest standards of quality and safety for your business operations. Step inside to discover a meticulously designed space, boasting 4 interior dock doors facilitating seamless logistics and efficient movement of goods. With an 811 sqft refrigerated shipping and receiving dock, freshness is guaranteed from the moment products arrive to departure. Allocated 253 sqft office space, providing a hub for administrative tasks and managerial operations. A 453 sqft freezer space stands ready to accommodate your needs. But that's not all - a generous 1,291 sqft of cooler space ensures optimal temperature control for perishable items, maintaining their quality until they reach their destination. Convenience is key, highlighted by the presence of an exterior drive-in door, facilitating effortless loading and unloading of goods, streamlining your processes. THREE ADJOINING VACANT CITY LOTS ARE ALSO FOR SALE AND AVAILABLE ACROSS THE STREET AT 3639-3645 S Halsted St. Don't miss the opportunity to make this esteemed establishment the cornerstone of your success.
BEST LAKE AND CITY VIEWS... Move right into this amazing suite in the Garland completely furnished and ready to expand or start your business. Previously a Therapist office and includes a waiting room, Therapist office, private office, sink and 2 private entrances. This is absolutley a fantastic opportunity to expand or start your business in one of the best locations downtown Chicago! The historic and iconic Garland Building is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. Low Assessments and Taxes. (Also, just listed For Sale is Suite 1220 next door... fully furnished Dental office with waiting room, private bathroom, exam room with 3 dental chairs, 2 private offices and work room with Lake and City Views... a great investments to purchase both!)
Excellent opportunity to lease a former restaurant space in the highly desirable Taylor St area. High foot traffic neighborhood. Close proximity to I94 expressway and minutes to downtown. All existing trade fixtures will stay. Black iron in place. Basement storage is included. Private parking in the rear. This property is also available for sale and the 2nd and 3rd floors having student tenants with excellent cash flow.
BEST LAKE AND CITY VIEWS... Calling all Dentists... Move right into this amazing suite in the Garland Building in downtown Chicago in Prime Locale! Completely furnished and ready to operate with all equipment included! Waiting room, private bathroom, private offices, work room and 3 dental chairs included in this amazing "rare to find" suite. This is absolutley a fantastic opportunity to expand or start your business in one of the best locations in downtown Chicago! The historic and iconic Garland Building is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. Low taxes and assessments! (Unit 1221 next door with Lake and City views... fully furnished Therapist office with 2 entrances, sink, waiting room, Therapist room and private office. $125,000... A great investment to purchase both... inquire within!)
Fabulous turnkey new construction 4-unit mixed use building that is fully leased with strong financials. Three 3 bedroom 2 bath condo quality units with in-suite primary bath with freestanding tub, fireplaces hardwood throughout, and modern Italian kitchens with stainless steel appliances. Each unit has rear deck with skyline views. Every floor is about 1600 sq ft. Common roof deck and parking for each unit in rear. Retail space fully leased. Strong NOI. Near public transportation and multiple restaurant and bar options as well as grocery store on the next block.
5960 square feet of mixed-use commercial property currently upstairs is used as a residential two apartments 2 bedrooms 2 bath 1500 square feet each. 4 bathrooms and a building Main level front is used for a tax relief office, There are 4 offices approximately 11 by 11 on the main floor a kitchenette and 2 half bats, 2 offices are currently vacant and not used owner is currently using as storage. Oversized 2 level warehouse in a rear of building totaling of 2500+ square feet with a 8 foot overhead commercial door.
Fabulous opportunity in South Shore! This striking mixed-use building boasts a charming yellow brick facade and intricate tile roof accents. Now offers four 2-bedroom, 1-bathroom apartments above. With a brand new roof and recent renovations on the 2nd and 3rd floors, including added flooring and a garage, this property presents an ideal canvas for your vision. Architectural plans included, Schedule your Showing now and make this space into something truly special.
1253 N. Rockwell building is a charming vintage building located in the east humnoldt park neighborhood of Chicago, IL.. It features five 2 bed / 2 bath units + two 1 bed units, all of which have been updated with modern amenities while still retaining their original character. The units are spacious and bright, with hardwood floors throughout and large windows that let in plenty of natural light. Each unit also has its own in-unit laundry for added convenience. The building is situated in a great location that's close to everything you need. It's walking distance from restaurants, grocery stores, nightlife, and public transportation (Bus #70 Division and Rockwell stop). It's also just a short walk from Humboldt Park, which is a great place to relax and enjoy the outdoors.
WELL MAINTAINED RETAIL SPACE ON A CONVENIENT LOCATION. FULLY EQUIPED KITCHEN. CURRENTLY RUNNING A RESTRAURANT/BANQUET. CURRENT RENT IS $4,900.00.
Six units, all four room, two bedroom apartments. Full unfinished basement. Separate forced air heat. Tenants spay gas, heat, electric. 3 car garage. New porches in 2012. Water heater 5 years old. 2 furnaces replaced 2 years ego. Fully rented. Current rents are below market value. Sold As Is.
Presenting 3572 West Cortland Avenue FOR SALE. A rehabbed, center-entrance, legal 9-unit. 7 units in the front and 2 units in the coach house on an oversized lot. With potential for capital improvements, it's a turnkey investment primed for value appreciation. Each unit combines modern convenience with historic charm, providing tenants with the best of both worlds. This property's prime location, within walking distance to dining, shopping, the "606 trail", and entertainment, ensures strong rental demand. Don't miss this opportunity to secure a reliable and attractive addition to your investment portfolio in one of Chicago's most sought-after neighborhoods.
Prime location on Stony Island, not far from the Obama Library, minutes from Jackson Park, this multi-use building was being used as a church but can easily be converted into a Daycare center or other use. It has two-bedroom apartments on the second floor that are move-in ready and a finished basement. There are 3 bathrooms. The church sanctuary can be converted into a visible business. There is ample parking as the church owns the 7 adjacent lots (which can be sold separately. Additional income is made from the Clear Channel Billboard that sits on top of the building because of its prime location. Newer roof. This is a tax-exempt property. Sold as-is. Additional pins for lots to be provided.
Overall, this mixed-use building in Arcadia Terrace offers a blend of modern comforts, historic charm, and potential for both residential and commercial use, making it a desirable investment opportunity in the vibrant Chicago real estate market. Modernized Living: 3rd floor unit boasts contemporary updates with 2 bedrooms and 1 1/2 baths. The renovations include new plumbing, electricals, drywall, paint, in-unit washer and dryer and all new appliances, ensuring a comfortable and convenient lifestyle for residents with central a/c, gas forced heat. Spacious and Versatile: The 2nd floor unit offers ample space with 3 bedrooms and 1 1/2 baths, complemented by an outdoor area adjacent to the dining space. This outdoor retreat adds a touch of tranquility to urban living. Historic Charm with Potential: The 1st floor, formerly a beloved restaurant that operated for 45 years, holds nostalgic charm and presents an exciting opportunity for a new venture. Its full basement offers versatility for various business endeavors. Enhanced Structural Integrity: Recent updates in 2021 include a new roof on the building, as well as renovations to the 2nd-floor porch and garage. Reinforced floor and new carpet on 1st floor. Some Tuckpointing on both the building and garage ensures structural integrity and longevity. The newly installed lentil on the second floor adds architectural interest and durability. Energy-Efficient Features: The installation of thermal windows on the second floor enhances energy efficiency and promotes sustainability, contributing to lower utility costs for residents. Convenient Parking: A spacious 2 and 1/2 car brick garage provides ample parking space, a coveted feature in urban settings like West Rogers Park Arcadia Terrace. Zoning B3-2 AGENT AND BUYER TO VERIFY ALL LISTING INFORMATION. THANK YOU FOR SHOWING. SOLD AS IS.
Located in the heart of Bucktown on a 34X100 extra wide lot, sits this wonderful five unit building. Comprised of three units in the front building, with room to expand 1st floor unit into the lower level and 3rd floor up into the attic with amazing ceiling height. In the back you have a lovely two story coach-house with two nicely updated one bedroom units. Both with in-unit washer and dryer. On this market for the first time in 30 years!
Bucktown/Wicker Park New Construction Ground Level Retail 1560 square feet set on Vibrant and Dynamic North Ave, 2.5 blocks from the epicenter of North/Damen and Milwaukee. Soaring 11 ft 8' ceilings, Wide Expansive Layout Delivered Vanilla Box. Zoned B3-2, Strong Traffic Count 23,900 cars per day, Excellent Visibility, Stunning Luxury Boutique Residences above. Builder may consider participating in future build out.
Prime Mixed-Use Property for Sale Located in the dynamic Ukrainian Village, this 1,386 square foot mixed-use space offers endless potential nestled right on Chicago Avenue. With excellent frontage, robust traffic count, and high visibility, this property is a gem in the heart of Chicago. Property Highlights: Size: 1,386 square feet of adaptable space, ready for customization. Zoning: C1-C2, supporting a variety of commercial and residential uses. Location: Ukrainian Village on bustling Chicago Avenue ensures constant foot traffic and great visibility. Frontage: Prime frontage on Chicago Avenue enhances exposure to passing traffic. Permitted Uses Include: Residential: Artist live/work spaces and dwelling units above the ground floor. Commercial: Retail, limited-service restaurants, business support, and personal services like salons. Public and Civic: Facilities such as colleges, daycares, and libraries. Health Services: Medical and veterinary clinics. C2 Specific: More extensive commercial activities, including taverns, larger restaurants, auto services, light manufacturing, and recycling facilities. This property offers the flexibility to maximize your investment, whether establishing a new business, creating a unique live/work setup, or developing a lucrative rental property.
Century 21 Universal Real Estate
7300 N. Western Ave.
Chicago, IL 60645
Phone: 773-465-0300
Email: [email protected]
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