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.
Unlock unparalleled business potential with this exclusive owner-user opportunity nestled within the iconic Garland Building in vibrant downtown Chicago. Located at 111 N. Wabash, this commercial condominium unit is primed for sale or lease, offering a versatile canvas for various enterprises. Whether you're a medical professional, a creative powerhouse, a legal eagle, a non-profit trailblazer, or a financial wizard, this space caters to your unique needs. Spanning approximately 2,800 square feet on the prestigious sixteenth floor, this property boasts a strategic position at the nexus of Wabash Avenue and Washington Street, anchoring the bustling heart of the Loop. Seamlessly connected to the pulse of the city, it sits adjacent to the Wabash CTA elevated rail station, mere steps away from Chicago's renowned Magnificent Mile and the cultural haven of Millennium Park. Elevate your business to new heights by seizing this prime commercial condo opportunity. Take command of your occupancy costs and unlock the potential for unparalleled growth and success. Embrace the future of your enterprise with the perfect blend of location, prestige, and functionality.
A true gem! Exquisite 2 bed/2bath live/work loft located right in the heart of Chicago's downtown district. Spectacular views of vibrant State Street from every window. Very high 12.8ft ceilings in the entire home! Professionally remodeled with the aid of an interior designer, this home is appx 1200 sqft of luxury. Kitchen comes with modern new cabinets, appliances and stylish new quartz countertop. Specifically designed for entertaining guests, the kitchen comes with a handsome 9ft island perfect for 4 bar chairs. Expensive vinyl plank flooring in the whole home. High-end light fixtures from Restoration Hardware/CB2/Pottery Barn/West Elm. Condo is completely wired with Smart Home technology. All of the electrical outlets, light fixtures and new remote control roller shades can be voice activated through your phone or iPad. Yes, there is a new washer and dryer in the home. Building has very few rental restrictions (no airbnb) and you may use the condo to live and/or work. The building's fitness center is located on the same floor. Close to Chicago's best restaurants, nightlife, shopping, public trains and buses, beach, Chicago River Walk, Millenium Park, Grant Park, Navy Pier, theaters, museums and much more. Parking can be rented close by. MONTHLY HOA is $938/month
Don't miss this portfolio investment opportunity in the iconic and historic Garland building. This is a great 1031 exchange opportunity. The portfolio consists of 5 units that are diversified under 4 separate leases/tenants. This is an armchair investment with maintenance taken care of by the HOA and by the tenants. The portfolio is positioned to trade at a 6.73 cap rate at the list price. With predetermined rent escalations built into the leases the return will increase over time. The tenants are all well established medical businesses with significant lease term remaining. One significant tenant is a credit tenant with a lease in place until 2034 and options to extend. This is a premier location in the heart of Chicago's Loop. Close to everything including Michigan Avenue, restaurants, retail, Millenium Park and the lakefront. There is valet parking available for a fee. Call for a copy of the rent roll. See MLS #11955091 for Units 1114-1116 or MLS #11955198 for Units 810, 2102 and 2103.
Don't miss this investment opportunity in the iconic and historic Garland building. This is a great 1031 exchange opportunity. The portfolio consists of 2 units that are diversified under 2 separate leases/tenants. This is an armchair investment with maintenance taken care of by the HOA and by the tenants. The portfolio is positioned to trade at a 6.73% cap rate at the list price. With predetermined rent escalations built into the leases the return will increase over time. The tenants are well established medical businesses with significant lease term remaining. One of the tenants is a credit tenant with a lease in place until 2034 and options to extend. This is a premier location in the heart of Chicago's Loop. Close to everything including Michigan Avenue, restaurants, retail, Millenium Park and the lakefront. There is valet parking available for a fee. Call for a copy of the rent roll. See MLS #11955198 for Units 810, 2102, 2103 or MLS #11954596 for Units 810, 2102, 2103, 1114 and 1116 combined.
Don't miss this 100% leased investment opportunity in the iconic and historic Garland building. This is a great 1031 exchange opportunity. The portfolio consists of 3 units that are diversified under 2 separate leases/tenants. This is an armchair investment with maintenance taken care of by the HOA and by the tenants. The portfolio is positioned to trade at a 6.72% cap rate at the list price. With predetermined rent escalations built into the leases the return will increase over time. The tenants are well established dentistry professionals with significant lease term remaining. One of the tenants has a lease in place until 2033 and the other is in place until 2028. Both leases feature options to extend. This is a premier location in the heart of Chicago's Loop. Close to everything including Michigan Avenue, restaurants, retail, Millenium Park and the lakefront. There is valet parking available for a fee. Call for a copy of the rent roll. See MLS #11955091 for Units 1114-1116 or MLS #11954596 for Units 810, 2102, 2103, 1114 and 1116 combined.
Choice office space available in the popular Garland Building. High floor unit. Perfect professional location for an array of business uses. Great light/exposure and in-unit plumbing is a great bonus. Currently configured with a waiting area just outside the main office area, but custom configuration is possible if you choose. Building has 24hr door staff/security, onsite convenience store, plentiful elevator access, recent remodel of interior corridors and bathrooms, valet parking, onside management and engineers. Access to conference room/business center and daily cleaning of unit is included in monthly assessment. Multiple CTA lines right at main entrance on corner of Washington & Wabash. Take advantage of all the heart of Chicago has to offer!
Historic Garland Building in the heart of the Millennium Park Neighborhood. Building offers valet parking and 24/7 security. Unit is just off the 13th floor elevators and close to locked restrooms. Shopping, restaurants, cafes, Millennium Park, and public transportation all within walking distance.
Listings courtesy of MRED as distributed by MLS GRID
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