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.
Come see this beautiful office space, this space can have multiple uses. This space used to be a dental office and Chiropractor office, and there are sinks and plumbing in all offices. This space contains a large open area and three separate offices and two bathrooms, which are both remodeled. This space also contains parking in the back of the bldg. This would be an excellent physical therapy center or a mixed use office space. Seller willing to consider some rehab or addition of offices as there used to be five offices. This is a high traffic zone with mixed use in the area, come see it while it lasts.
Calling all savvy investors and house hackers-this versatile mixed-use property is the opportunity you've been waiting for! Whether you're looking to generate rental income, run a business, or both, this property offers endless possibilities. The main level is currently being used as a convenience store, providing a great opportunity for continued use or potential conversion into a residential rental unit to maximize your cash flow. The second floor features a spacious living and dining area, three generously sized bedrooms, and a full bath, offering comfortable living space. The finished duplexed attic adds even more value, featuring an additional room and a dedicated office space-ideal for working from home or extra rental potential. For added convenience, the fenced backyard provides parking for 4+ vehicles, a major perk for tenants. Plus, low property taxes make this an even smarter investment! Whether you're looking to expand your portfolio or find a property that can generate income while you live in it, this is an opportunity you don't want to miss. Schedule your showing today!
GREAT INVESTMENT OPPORTUNITY! This spacious mixed-use building offers incredible potential with multiple income streams. Featuring three commercial spaces - perfect for any business - including a fully equipped, operational BBQ restaurant (all fixtures included), salon suites, and a banquet hall. Above, you'll find two 2BR/2BTH apartments that need some work - a fantastic value-add opportunity. The property also includes a 10-car parking lot and sits on a high-traffic, high-visibility street in the vibrant Austin community. Ideal for investors, business owners, and those seeking prime real estate with strong income potential. Don't miss this exceptional opportunity!
Attention INVESTORS: Discover a fantastic investment opportunity in the heart of Albany Park! This mixed-use property features three fully leased storefronts on the ground floor, providing a steady income stream, along with six modern residential units on the second floor, perfect for urban living. The residential units are new construction! - **Type:** Mixed-Use Property - **Storefronts:** 3 Fully Leased Retail Spaces - **Residential Units:** 6 New Construction Apartments - **Vacancies:** Only 4 Units Available **Residential Features:** - Central Air Conditioning - In-Unit Washer & Dryer - Modern Finishes - Spacious Layouts **Location Highlights:** - Convenient access to public transportation - Close proximity to the Brown Line train station - Vibrant community with numerous amenities nearby Don't miss out on this exceptional opportunity to invest in a thriving area! Whether you're looking to expand your portfolio or start your journey in real estate, this property is a must-see. **Contact us today for more information and to schedule a viewing!**
1619 E. 70th represents a turn-key investment opportunity in the desirable Jackson Park Highlands neighborhood. The building consists of seven units: six 2-bedroom, 1-bathroom apartments and a garden studio. It also has a 1-car garage that has been consistently rented for over four years. In 2021, the Property underwent an extensive gut renovation, including updates to all building mechanicals, common areas, and systems, with permits and a certificate of occupancy issued by the City of Chicago. Each unit is equipped with central heating and air conditioning, with tenants responsible for their own gas and electric utilities. Additionally, on-site coin laundry provides additional income. 1619 E. 70th is a five-minute walk from the Stony Island Metra stop, offering a seamless 20-minute commute into downtown Chicago. This Property offers a straightforward investment opportunity with projected cash-on-cash returns that are realistic as all major capital improvements are complete. Your management effort is simply keeping the building leased and keeping pace with market rent increases. -- BROKER OWNED --
This striking mixed-use building on Wicker Park's premier Division Street offers a unique blend of residential and commercial space. The property features two spacious, condo-quality finished apartments, each boasting three bedrooms, two bathrooms, and generous outdoor areas. The ground-level retail space, currently occupied by a kickboxing gym, features soaring 16-foot ceilings and the potential for a mezzanine level, significantly increasing its footprint. The building's modern steel and glass design creates a contemporary aesthetic, attracting discerning tenants and customers alike. Situated in the heart of Wicker Park's entertainment district, residents and businesses benefit from immediate access to the Blue Line, multiple bus routes, Divvy stations, and expressway access. This property presents an ideal investment opportunity or a perfect owner-user scenario, combining the convenience of urban living with the potential for strong rental income.
This exceptional mixed-use property, located in the vibrant Portage Park area, offers a prime opportunity for both business and residential living. Spanning across four levels, the building features: - Ground Floor Commercial Space: The main floor presents expansive commercial space perfect for retail, office, or service-based businesses, currently occupied by a restaurant. With high visibility along the bustling N Milwaukee Ave corridor, this area enjoys heavy foot traffic and easy accessibility for customers. - Lower-Level Commercial Space: The lower level offers additional versatile space, ideal for storage, office expansion, or further commercial ventures, with convenient access and great potential for diverse use. - 4 Luxury Residential Units: Above the commercial spaces, find four beautifully appointed residential units, each featuring high-end finishes, modern appliances, and spacious layouts. Designed with comfort and sophistication in mind, these units provide an ideal living experience in one of Chicago's most desirable neighborhoods. - Prime Location in Portage Park: Situated in the sought-after Portage Park neighborhood, this property is within walking distance of parks, restaurants, cafes, and public transit, offering residents and businesses alike an unparalleled convenience of living and working in this dynamic community. This property presents a unique opportunity to own a piece of the thriving Portage Park area, combining residential luxury with commercial potential. Whether you're looking to expand your business or invest in a high-quality residential development, this property has it all.
"Ukrainian Village" Great opportunity, price right for a quick sale.Newly remodeled mixed use building located on high traffic Chicago Ave near Damen. First floor has a beautiful Barbershop.Second floor apt has 2 bedrooms and even a jacuzzi tub, third floor exactly the same. Back porch has all been renovated. Very nice 2 car garage.Two refrigerators, two ovens.two microwaves, two washers, and dryers are four years old,air conditioners are brand new to two years old, two hot water tanks are one year old and the other one is six years old. Building is a legal three flat with no city violations, city recently inspected and certified the whole building. Come look and see this incredible opportunity.
COMPLETELY RENOVATED SOLID BRICK 11 UNIT APARTMENT BUILDING, INCLUDES 1`COMMERCIAL SPACE, IN THE HEART OF THE BRIDGEPORT NEIGHBORHOOD. INCREDIBLE INVESTMENT OPPORTUNITY. NO WORK NEEDED - BUY AND COLLECT CASH FLOW RIGHT AWAY. TURN KEY INVESTMENT. ALL 11 UNITS HAVE BEEN BEAUTIFULLY RENOVATED AND INCLUDE 2 BEDROOMS, 8 OF THE UNITS HAVE 2 BATHROOMS, WASHER & DRYER IN UNITS. STORAGE UNITS. SEPARATE GAS AND ELECTRIC. SOME PARKING AVAILABLE. WALK TO US CELLULAR FIELD, RED LINE, HALSTED STREET BUS AND CLOSE TO THE ORANGE LINE. PLEASE CHECK BROKER NOTES REGARDING ASSUMABLE MORTAGE.
Discover an exceptional commercial investment opportunity in the thriving Belmont Cragin neighborhood. 5814 W Grand Ave, Chicago, IL 60639, offers a versatile and open-concept 2,625 SF retail/commercial space with 13-foot ceilings, exposed brick walls, and modern industrial finishes that create a unique and stylish atmosphere for businesses. Zoned B3-1, this property provides flexibility for retail, office, studio, medical, service-oriented businesses, and even potential mixed-use redevelopment. Located on Grand Avenue, one of Chicago's major commercial corridors, this free-standing retail building enjoys exceptional street frontage and exposure to high foot and vehicle traffic. The 25-foot-wide frontage allows for a prominent business presence, making it ideal for a variety of users looking for branding and visibility. With floor-to-ceiling windows, natural light enhances the inviting interior space, making it ideal for retail and showroom concepts. Step inside to find an expansive open floor plan, offering endless layout possibilities. The high 13-foot ceilings, exposed ductwork, and exposed brick walls create a modern and inviting industrial aesthetic, perfect for businesses seeking a contemporary and stylish space. The newly installed HVAC system ensures comfort for customers and employees year-round. Belmont Cragin is undergoing major revitalization, with increasing commercial investments, new mixed-use developments, and expanding retail offerings. The area continues to attract small businesses, entrepreneurs, and national retailers, positioning it as a strategic location for investment. This location offers seamless connectivity via multiple CTA bus routes, including the Grand Ave (#65), Austin (#91), and Diversey (#76) lines, making it easily accessible to customers and employees. Additionally, the property is within a short commute to the Metra station and offers quick access to I-290 (Eisenhower Expressway) and I-94, making it highly accessible from Downtown Chicago, O'Hare Airport, and nearby suburbs. Ideal for retail shops, professional services, creative studios, medical offices, fitness centers, and more, B3-1 zoning allows for mixed-use potential, including the opportunity to build residential units above the existing structure. Surrounded by major retailers, restaurants, and growing residential developments, ensuring consistent foot traffic and customer engagement. Ample street parking provides convenience for visitors and tenants. This is a rare chance to own prime commercial real estate in an up-and-coming district at an incredibly competitive price. Whether you're an owner-user or investor, this property offers exceptional potential for long-term growth and appreciation. Schedule a private tour today and explore the possibilities.
Situated in Chicago's vibrant Lakeview neighborhood, this property boasts high visibility on North Lincoln Avenue, a bustling street renowned for its diverse dining, shopping, and entertainment options. This impressive 2-story masonry building spans approximately 3,052 square feet and includes a basement and a rear paved area that may be turned into patio dining space. The space features exposed brick walls, hardwood floors, and a large wood bar, complemented by custom-designed stone restrooms. The 2nd level offers floor-to-ceiling windows, an expansive open layout with custom hardwood flooring, a beautifully-crafted stone powder room, and a convenient service bar. With B3-3 zoning, the property allows for a versatile range of commercial and residential developments, offering investors the flexibility to adapt the space to various business needs or mixed-use projects. Located in a high-demand area with a strong demographic profile, 3115 N Lincoln Ave represents a prime investment opportunity in one of Chicago's most sought-after neighborhoods. Convenient to public transportation. Its strategic location and ongoing transformation into a new dining establishment further enhance its appeal, making it an exceptional prospect for investors and business owners alike.
The Auburn Gresham neighborhood is known for its strong sense of community and convenient access to the public transportation. Making it an ideal location for investors seeking a promising rental or booming business. Nearby amenities include local shops, parks and dining options, providing a comfortable and connected business environment. Building updates include New roof updated floors and modern designs. Perfect for a Hair Salon or a barber shop. All appliances in great condition. Ready to go condition. Calling all investors and entrepreneurs seeking success. Parking in rear or on main street. Lets turn your ideas into reality.
Great Edgewater opportunity - commercial, retail space, mixed use. Excellent thriving location for retail store, restaurant facility, so many options! Living quarters could also be a possibility for owner operator. Both floors have been updated and upgraded within the last 5 years. Second floor is a professional and quiet environment for offices. The lower level, currently has one side as offices and the other side as a production area. 14 car, onsite parking. Turnkey operation, or bring plans for re-development, in this flourishing vibrant community. This property sits in one the best neighborhoods Chicago has to offer!
Fully rehabbed in 2024, this mixed-use property in Austin offers incredible versatility! The first-floor commercial unit features an open layout with hardwood floors, a full bathroom, and a kitchen area-perfect for a retail store, medical office, or other business uses. The second-floor apartment boasts 3 bedrooms, 1 bathroom, hardwood floors, and a modern kitchen with white cabinetry, stainless steel appliances, and granite countertops. Bonus room ideal for an office or play area, plus a bright enclosed porch perfect for dining. Additional highlights include a full, unfinished basement for storage, a newly poured concrete driveway with ample parking, separate utilities, and central A/C for both units. Conveniently located within walking distance to public transportation. Low taxes make this property an excellent investment for both residential and commercial purposes. Don't miss this opportunity!
Discover an exceptional commercial investment opportunity in the thriving Belmont Cragin neighborhood. 5814 W Grand Ave, Chicago, IL 60639, offers a versatile and open-concept 2,625 SF retail/commercial space with 13-foot ceilings, exposed brick walls, and modern industrial finishes that create a unique and stylish atmosphere for businesses. Zoned B3-1, this property provides flexibility for retail, office, studio, medical, service-oriented businesses, and even potential mixed-use redevelopment. Located on Grand Avenue, one of Chicago's major commercial corridors, this free-standing retail building enjoys exceptional street frontage and exposure to high foot and vehicle traffic. The 25-foot-wide frontage allows for a prominent business presence, making it ideal for a variety of users looking for branding and visibility. With floor-to-ceiling windows, natural light enhances the inviting interior space, making it ideal for retail and showroom concepts. Step inside to find an expansive open floor plan, offering endless layout possibilities. The high 13-foot ceilings, exposed ductwork, and exposed brick walls create a modern and inviting industrial aesthetic, perfect for businesses seeking a contemporary and stylish space. The newly installed HVAC system ensures comfort for customers and employees year-round. Belmont Cragin is undergoing major revitalization, with increasing commercial investments, new mixed-use developments, and expanding retail offerings. The area continues to attract small businesses, entrepreneurs, and national retailers, positioning it as a strategic location for investment. This location offers seamless connectivity via multiple CTA bus routes, including the Grand Ave (#65), Austin (#91), and Diversey (#76) lines, making it easily accessible to customers and employees. Additionally, the property is within a short commute to the Metra station and offers quick access to I-290 (Eisenhower Expressway) and I-94, making it highly accessible from Downtown Chicago, O'Hare Airport, and nearby suburbs. Ideal for retail shops, professional services, creative studios, medical offices, fitness centers, and more, B3-1 zoning allows for mixed-use potential, including the opportunity to build residential units above the existing structure. Surrounded by major retailers, restaurants, and growing residential developments, ensuring consistent foot traffic and customer engagement. Ample street parking provides convenience for visitors and tenants. This is a rare chance to own prime commercial real estate in an up-and-coming district at an incredibly competitive price. Whether you're an owner-user or investor, this property offers exceptional potential for long-term growth and appreciation. Schedule a private tour today and explore the possibilities.
SPECTACULAR OPPORTUNITY! RETAIL OFFICE COMMERCIAL CONDO ON HI-TRAFFIC BUSY LAWRENCE AVENUE, TERRIFIC BUSINESS LOCATION CONVENIENT TO PUBLIC TRANSPORT & CLOSE TO THE EXPRESSWAY! SUPERIOR BUILDING WITH LOTS OF CURB APPEAL. YOUR BUSINESS WILL LOOK GOOD HERE! AVAILABLE FOR PURCHASE OR RENT. DETACHED DEEDED 1 CAR GARAGE COMES WITH THE STORE. CALL NOW OR TEXT TO SEE IT!
SPECTACULAR OPPORTUNITY! RETAIL OFFICE COMMERCIAL CONDO ON HI-TRAFFIC BUSY LAWRENCE AVENUE, TERRIFIC BUSINESS LOCATION CONVENIENT TO PUBLIC TRANSPORT & CLOSE TO THE EXPRESSWAY! SUPERIOR BUILDING WITH LOTS OF CURB APPEAL. YOUR BUSINESS WILL LOOK GOOD HERE! AVAILABLE FOR PURCHASE OR RENT. DETACHED DEEDED 1 CAR GARAGE COMES WITH THE STORE. CALL NOW OR TEXT TO SEE IT!
Prime Corner Mixed-Use Investment Opportunity in Humboldt Park! Take advantage of this incredible value-add opportunity with this historic two-story brick building located on the high-traffic corner of Chicago Avenue and Hamlin. Built in 1881 and offering 3,200 sq. ft., this B3-2 zoned property is ideal for investors or owner-operators looking for a strategic location with ample street parking and strong visibility, estimated 19,000 VPD. The first floor is currently leased to "Chicago Best Burrito," a well-established and successful restaurant paying 1,350/month, with a lease in place until April 1, 2026, plus a two-year renewal option-providing immediate cash flow. The second floor features an expansive 4-bedroom, multi-bathroom apartment in need of rehab. With updates, this unit could generate an estimated rental income of 2,600/month, significantly increasing the property's overall revenue potential. At the rear of the property, you'll find a sturdy wooden porch, as well as green space enclosed by a well-maintained black iron fence, offering added security and privacy. While the building does require some repairs, including tuckpointing and a potential roof replacement, the long-term potential is enormous. With its high-visibility corner lot, strong rental upside, and a mix of residential and commercial space, this property presents an exceptional investment opportunity in a growing neighborhood. Schedule your showing today and explore the possibilities!
Discover a rare gem in the heart of Chicago! This mixed-use property boasts two impeccably maintained 2-bedroom condos, featuring hardwood flooring, wood panel cabinetry, and granite countertops. The highlight of this property is the fully renovated, professional office space available for immediate occupancy, complemented by an expansive garage providing unrivaled storage and parking for up to 6 vehicles - an ideal solution for businesses with substantial storage needs. In addition to the office space, the building offers individual bath and kitchen facilities designed to accommodate a variety of professional uses. Nestled in a highly sought-after Northwest Chicago location, this property guarantees unparalleled exposure and accessibility, making it the perfect spot for businesses and residents alike. Don't miss out on this extraordinary investment opportunity - call today to schedule a private tour and claim your place in this thriving community.
For Sale: Prime Commercial & Residential Property in Humboldt Park Exceptional investment opportunity! This mixed-use property offers a high-visibility commercial space (2,250 SF) in the front and a fully renovated 3-bedroom, 2-bath single-family attached home (1,650 SF) in the rear-ideal for an owner-occupant, rental income, or live/work setup. The commercial space is perfect for a retail store, office, or business venture. Property Highlights: * Prime Location on busy Division St., ensuring excellent visibility and foot traffic. * Spacious (2,250 SF) Commercial Space in front, and storage offering endless business possibilities. * Newly Renovated Home (1,650 SF)in the back with modern finishes. * 3 Bedrooms | 2 Full Bathrooms in the residential unit. * Gorgeous Remodeled Kitchen with all-new appliances with quartz counter tops and shaker style cabinetry * Open Concept Living & Dining, and Kitchen Areas with stylish updates. * Warehouse/Storage Space for added functionality. * Everything is New! Move-in ready with fresh updates throughout. Whether you're an investor, entrepreneur, or looking for a live/workspace, this property offers exceptional potential in a thriving neighborhood. Great location! Humbolt Park - CHICAGO neighborhood, steps away from parks, schools, shopping, and public transportation. The neighborhood's growth and revitalization make this an even more compelling investment opportunity. Don't miss out on this mix-use, income-generating property-schedule your showing today and secure your place in one of Chicago's most exciting neighborhoods!
Spacious ground-floor commercial condo located in vibrant North Center. Lots of new construction in an established community that continues to grow with many new businesses, and the need for many more. The B3-2 zoning allows for a wide variety of retail and office uses. It currently has a main open area, one office, a full kitchen, restroom, mechanical room and storage. Freshly painted and ready for your new business. Owner is open to contributing toward the potential for getting it approved for a live/work space as well. Excellent average daily traffic count along Irving of 29,000 cars per day. Good foot traffic also with excellent demographics. There are some uses not allowed under the by-laws.
PLEASE NOTE THAT MOST OF THE PHOTOS WERE TAKEN BEFORE THE UNITS WERE OCCUPIED BY TENANTS. Rehabbed in 2023, Fully rented 5 unit (With a potential for 6th ground unit/in law unit! 2 buildings on the same lot. Front building has 2 units (possible 3rd) and the back building has 3 units! Tenants pay for their own gas and Electric! 4- 2 bedroom units and 1-3 bedroom unit! Close to the, Stores, Highways, and Public Transportation! Income can and should be much higher. Only 2 units have been turned over as the other tenants are long term tenants with low monthly rents.
Beautiful 8 unit building 2 blocks from Loyola and half a block from the Lake. First floor is the original 4 bedroom layout. 3 bedroom garden apartment plus six other units on 2nd and 3rd floors created in 1954-55 complete the living spaces. All units have been recently updated tastefully. The building is heated with a hot water system also recently updated. A cute backyard and four car garage round out this unique offering. Contact listing agent for rent roll and expenses.
Looking for a great investment? Look no further! This mixed-use building features a commercial space on the main floor and a 3-bed, 1-bath apartment above. The apartment can be accessed from both the front and back. The main floor was previously a laundromat. There's a small backyard with access to the alley, and the water tank was replaced just 3 years ago. Great location with plenty of foot traffic. Don't miss out on this opportunity!
This versatile storefront/office space in the heart of Bridgeport offers exceptional visibility and limitless potential. Ideal for a professional office, salon, boutique, or small business. It is also well-suited for generating rental income. Situated in a high-traffic area, the property benefits from strong foot traffic and excellent accessibility. The space features 3 divided offices to suit your business needs. Whether you're looking to establish a new venture or expand an existing one, this location provides the perfect setting. The seller is highly motivated and will consider all reasonable offers.
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