The median home value in Chicago, IL is $349,700.
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 $349,700.
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.
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Located heart of Logan Square/West Bucktown, this prominent six unit sits next to Walgreens on the corner of Campbell and Milwaukee. All units were gut renovated in 2013, 3 of the units had cosmetic updates in 2022. New roof and tuckpointing work done in 2023. All units feature impeccable condo quality finishes, excellent open layouts, bright units, mix of 2 and 3 bedrooms, hardwood floors throughout, in-unit laundry, granite/stainless kitchens w/ backsplash. The building is steps away from Western Blue Line L Stop, both the 56 and 73 bus routes, restaurants, shopping and nightlife in Logan Square and Bucktown. Tenants pay bundled services of $85/unit/month for additional income. Offered at a 6.7% cap rate on in-place revenue. Ability to do cosmetic updates to three units and move to 7.0%+ cap rate. Assumable debt in place at 4.26% with UPB of $1,170,511.
Rare opportunity to acquire a storefront property with three apartments located in a high-traffic area on North Ave. The property, which includes a bicycle repair shop owned by the current owner, is in need of renovation. Two spacious one-bedroom apartments are currently rented, while the third requires a complete overhaul. Situated mere blocks from the anticipated multi-million dollar revitalization project of the historic Pioneer Bank building into a mixed-use space with offices, a cafe, and apartments. Don't miss out on this unique investment opportunity.
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.
Amazing location for a savvy investor! Humboldt Park area, just a couple of blocks from the 606. 3 legal units include one 2 bath storefront (with basement), one 2 bed/1 bath apartment, and one 3 bed/2 bath apartment. Excellent tenants, rents have room to increase. Store has open loft feel with exposed brick, hardwood floors throughout, two bathrooms, central air, high ceilings. Includes full unfinished basement for storage. Apartments have been rehabbed with updated kitchens, baths, and dedicated laundry. Second floor (3 bed/2 bath apartment) also has central air and in-unit laundry. Fenced backyard offers many possibilities for summer enjoyment.
Investors Prime location for this three-story mixed-use building. The spacious storefront, currently unoccupied, presents a blank canvas for entrepreneurs looking to establish their presence in a thriving community. Take advantage of the B-3-2 zoning to unleash the full potential of this prime commercial space. The second-floor apartment, recently renovated, offers modern living spaces and is currently occupied, providing immediate rental income. The third-floor apartment, awaiting your finishing touches, presents an exciting opportunity to add further value and increase rental yields. Parking for 4 cars. Don't miss out on this chance to capitalize on a prime location and a property poised for growth.
Turnkey mixed use property located on the popular and heavily trafficked Damen Ave! Property consists of a remodeled 2BD/ 2BA upstairs unit with in-unit W/D rented at $2,600/ mo and a 1st floor retail space currently leased at $2,800/ mo or $22/ sf. Property also has a full basement offering additional cooking or storage space. Property features a 2-car garage with 1 space currently rented at $160/ mo. Both units offer modern mechanicals with central air and gas forced air heating. Seller Financing is available here! Sellers are willing to hold paper so come with your ideas on how to structure. This property is close to everything including the Damen blue line stop, Clybourn metra station, restuarants, shopping, nightlife, while also offering easy access to the 90/94 expressway.
Prime investment opportunity in Logan Square, Chicago: mixed-use property, two units with 2 bed/1 bath each plus an unfinished attic. This property lies in a strategic location on Armitage and is ideal for residential and commercial development. Zoned as B3-1 (mix-used property). Seize the opportunity in this prime location.
Jameson Commercial is pleased to present 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. Contact us today to seize this prime real estate investment in Logan Square.
Presenting two retail spaces in one investment portfolio right on Damen Avenue in Bucktown. Offering excellent exposure with high visibility, vehicle, and foot traffic, each individual space with storefront floor to ceiling windows. Occupied by two separate spa service businesses. 1915 is comprised of 1,674 SF with reception/waiting area, 8 treatment rooms (1 includes plumbing), 1 laundry room, and 1 ADA restroom. 1917 is comprised of 1,486 SF with reception/waiting area, 1 treatment room, 3 hair style stations, 4 eyelash/eyebrow stations, 2 shampoo stations, kitchen and 1 ADA restroom. Distinctively remodeled with a sharp black and white aesthetic with complementary marble epoxy floors. The building was built in 2006. The fully leased portfolio is offering a 7% cap based on triple net leases (net operating income of $90,890 with annual increases). Each unit is separately metered for gas, electric, and water and individual HVAC systems. Zoned B3-2. VPD 21,258. Demographics: POP 244,691 | HHI $$146,207 | POP AGE 19, 25-54. Join A'Pied Shoe Boutique and Truce by David Mor, joining Le Bouchon, Pompette, CLAUDIA and The Red Balloon Co through the Bucktown retail corridor of Damen Avenue. Portfolio includes both spaces 1915 and 1917. Please do not disturb operating businesses.
Outstanding location to live and work! Open your own business in the heart of Logan Square. High visibility area. 1rst Floor store front with approximately 1,500 SF of commercial space suitable for many business purposes. Currently leased for $1,500. until 11/30/2023. Central heating and A/C. 2nd floor 7 room 3-bedroom apartment with hardwood floors. Rented on a m2m for $1050. 2 car brick garage rented for $200 per month.
Outstanding location to live and work! Open your own business in the heart of Logan Square. High visibility area. 1rst Floor store front with approximately 1,600 SF of commercial space suitable for many business purposes. Currently leased for $1,500. until 11/30/2023. Central heating and A/C. 2nd floor 7 room 3-bedroom apartment with hardwood floors. Rented on a m2m for $1050. 2 car brick garage rented for $200 per month.
The space is currently configured for office use and features abundant natural light, 12' ceilings, and modern-industrial finishes that fit right in with the urban-cool aesthetic of the neighborhood. This property presents an exceptional opportunity for either a new owner/user aiming to establish their presence or an astute investor seeking to capitalize on its prime location along Milwaukee Avenue.
I am pleased to present a mixed-use investment opportunity located in the vibrant Logan Square neighborhood. This property boasts both financial and physical attributes, making it an attractive prospect for savvy investors and business owners seeking a strategically positioned and well-maintained asset. Property Details: - Building Size - 15,600 Square Feet; Lot Size: 5,250 Square Feet; Zoning: B3-1; Location: Corner of Armitage Ave. and Mozart St., Logan Square; Floors: Three; Composition: One commercial space and four residential units; Stabilization: 100% Stabilized. Key Highlights: Renowned Dos Urban Cantina Lease; The property includes a leased commercial space occupied by the well-established and renowned Dos Urban Cantina. This esteemed tenant brings stability to the investment and adds value to the property due to its popularity and established reputation within the community. Desirable Residential Units: The four residential units, thoughtfully designed as two units of two beds and one bath each, offer comfortable living spaces complemented by in-unit washer/dryer facilities. The residential units present a steady income stream and cater to the increasing demand for quality housing in the Logan Square neighborhood. Modern Amenities and Infrastructure: The property stands out with its contemporary features, including individual furnaces and water tanks for each unit, full HVAC systems for hot and cold forced air throughout the entire building, and copper plumbing. These modern amenities ensure tenant comfort and convenience, adding to the property's appeal. Recent Capital Improvements: Extensive capital expense investments, totaling over $275,000 dollars in 2022, demonstrate the property's commitment to maintaining its value and ensuring a hassle-free ownership experience for the future buyer. Recent updates, such as tuck-pointing and a new tear-off roof, enhance the building's structural integrity and longevity. Excellent Traffic Exposure: With an average daily traffic of 21,688 cars passing by on the corner of Armitage Ave. and Mozart St., the property enjoys significant exposure, providing ample visibility for the commercial space and increasing the potential for attracting new customers. Outdoor Deck: An existing outside deck of 500 SF adds a valuable amenity for tenants and patrons, creating an inviting space for leisure and entertainment. As a discerning investor, this commercial property presents an opportunity to capitalize on the thriving Logan Square market and its continued growth potential. I am confident that the property's prime location, versatile composition, and recent capital improvements will yield long-term benefits and a strong return on investment. Commercial Lease - Presently at a monthly rate of $8,234, it carries 3% annual increases, is responsible for 50% of the taxes for the building, and 50% of the building's water-use. Offering Memorandum / Sales Booklet - Contact Listing Agent directly to receive our offering booklet, providing detailed income, expenses, market study, financial analysis, images, demographics, maps, etc.
Attention restauranteurs. Newly available restaurant with full build out and all of its contents available on the main floor and two apartments above, one a licensed Airbnb that can be transferred along with 4.5 star rating and management in place. 2 car garage parking onsite or use it as storage. Apartment 2F: Fully Furnished 2bd 1 bath with pullout couch, full kitchen. Apartment 2R: Fully Furnished 2b 1bth, full kitchen. Amazing location steps from Logan Blvd and across the street from Starbucks. Close to public transportation. Building being sold As Is.
Great location in Bucktown on North Western Ave. This mix use vintage brick building zoned for B3-2 has huge upside with options for 1st floor storefront/office space and 2nd floor apartments. Large backyard with enormous potential for living and work. Close proximity to Bucktown nightlife, restaurants, shopping and highway. Bring your idea's and plans.
Amazing 8,000 SF ground level commercial condo available in West Bucktown. Ideal for office use. 14' Ceiling Height. 2 Dedicated Parking Spaces. Located in an architecturally unique, Pappageorge-Haymes designed timber-loft building. One block to the 606 trail and walking distance to the many shops and restaurants in Bucktown/Wicker Park neighborhood. Blocks to either Western Blue Line stop and Milwaukee Blue Line stop. Vacant upon sale. NNN Lease Type. Population of 68,936 within 1 mile with average household income of $131,626.
Gut renovated 6-unit in the heart of Bucktown! Just a quick walk to the Milwaukee Corridor shopping, bars, restaurants, and more! This 2015 gut renovation includes a unit mix of 2 bed, 3 bed, and 4 bed apartments. Renovation included all new plumbing, electrical, individual HVAC, new windows, flooring, kitchens & baths, back deck, and more! The property presents an investor with a rare opportunity to acquire a turn key asset in an irreplaceable north side of Chicago location, with very high renter demand and long term value. (Loan must be assumed, new 10 year debt at 5.52%)
1st floor commercial condo in a (4) story building with brick exterior Hardwood flooring throughout with tile entryway Large windows look onto Milwaukeee Avenue. Unit features 11 foot ceilings. Bathroom has a shower. Detached garage parking for one car. Across the street from the new Target and walking distance to the CTA Blue Line stop at the square. Many dining options including Andros Taverna, The Whale, Daisies and Lula Cafe!
Large Price Reduction. Logan Square mixed use property. Excellent opportunity to rehab and enjoy the profits for many years to come plus a profitable resale value. Needs complete rehab or tear down. Currently all units are used for storage.
Office or retail space on busy Western Ave in Bucktown. Easy access to I-94/I-90 and public transportation. Building has 4 commercial units on first floor. All three floors above are residential. No food or liquor business establishments allowed in building. Monthly assessment is $188. Tenant has Lease til April of 2025 and will need space until the lease expires.
Century 21 Universal Real Estate
7300 N. Western Ave.
Chicago, IL 60645
Phone: 773-465-0300
Email: [email protected]
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