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.
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Just off the Chicago Skyway, this set of commercial buildings on contiguous lots is available for sale. The property is comprised one brick, single-story building that includes 2,073 SF while the second building is a converted 1,350 SF single-story building. The brick structure contains a waiting room, five private offices, two restrooms and a utility room. The one-story building features three private offices, a kitchen, storage room and one bathroom. Parking is available in the rear of the building. seven vehicles in the rear. On the south side of Chicago, this property is located close to public transportation and numerous shops/retailers 75th Street and Stony Island Avenue.
AMAZING OPPORTUNITY TO OWN ONE OF THE NICEST CONDOMINIUM BUILDINGS IN SOUTH SHORE. Very Attractive Assumable Fannie Mae Debt. Low Property Taxes. See Agent Remarks for Showing Instructions. Offering Memorandum available upon request.
Welcome to this exclusive listing of five residential condominiums and two commercial units at 163 Division, in this A+ location in the busy Gold Coast Intersection. This is an incredible investment portfolio opportunity, as this is one of the last undeveloped properties in the vicinity. The two, recently gut-renovated, street-level commercial spaces are 1560 sq.ft. combined and are currently rented out as a restaurant. The five residential 1&2 bedrooms furnished condominiums are currently set up as AirBnB's - 100% Owner Occupied. This bulk offering represents 19% interest in the entire condominium association which affords the investor unique control. Low property taxes and low monthly association dues enable a high-margin cash flowing investment in an A+ Chicago neighborhood.
Mixed Use 5 Units stone building in East Humboldt Park. 3-story building consists: 1 storefront (2,300 Sq Ft.) and 4 ( four) residential apartments currently all occupied by tenants with leases. Each apartment has its individual furnace, hot water tank and has oak floors throughout. Store front has Gfa/Ac. Basement is full and unfinished space. Quite a few recent improvements: Newer porch (2019). Newer rubber roof (2021). New tack pointing (2023). Furnace (Approx. 2016). Hot water tank (Approx. 2016). Some plumbing updated. Total income $ 101,400. 2 parking spots in the rear of the building. Great for investor or owner occupied *** Rent Roll can be made available upon request ***
Near Westside Church features a parking lot for 50+/-. This two-story building provides a kitchen, sanctuary, baptismal pool, fellowship hall, updated restrooms, meeting/classroom area, and pastoral office space with private bath. Upon entry, you are captivated by a beautiful fountain in the foyer and have access to a chair lift that leads to the 250+/- sanctuary. Seller has not connected fountain, therefore operating condition is uncertain. This property is sold AS-IS.
Rare opportunity to own and create a new retail business accross the street from the 95th Red Line Stop. You do not want to miss out on the marketing opportunities that this location will bring. With 55sqft of frontage any developer or savvy investor can create strong cashflow opportunities here. Contact us for more information or questions regarding zoning, highest and best use, or general information. This listing also comes with the adjoining lot next door, [9422 Lafayette or 9424 Lafayette; Pin # 25044140100000 respectively]
Commercial storefront/condo in HOT Albany Park area at busy intersection of Montrose and Kimball Ave. in Chicago with one car space in the back. Ideal location in high traffic area for boutique retailer, office user, salon/spa, or cafe, along with many other potential tenants. LA related to Seller.
Presenting an exciting opportunity to acquire a recently rehabilitated mechanic shop, meticulously renovated and ready for a new owner's vision. This extensively refurbished facility exudes a fresh, contemporary appeal, with updated flooring, lighting, and infrastructure enhancements throughout. The layout has been optimized for workflow efficiency, offering a blank canvas for customization to suit your specific business model. Located in a prime area with high visibility, this turnkey space is ideal for aspiring entrepreneurs looking to establish their presence in the automotive service sector. Embrace the chance to put your stamp on this revitalized establishment and capitalize on its potential for growth and success.
Unique opportunity to purchase this property with almost 9,000 sf lot that consists a 7,145 sf one story warehouse with a 2,084 sq ft warehouse/storage facility. The larger warehouse is equipped with super high ceilings and 2 overhead doors that allow for easy truck/van drive thru operations, 1 dock with hydraulic lift, 2 separate offices, 3 bathrooms, large storage area above the offices. This could be perfect for your business needs of Brewery, Distillery, Warehouse, Manufacturing, Automotive sales or repairs. Located on one of Chicago's bustling commercial corridors in the ideal Chicago neighborhood.
Behind the handsome Greystone facade exists a 30 room SRO that is ready for redevelopment! The property is currently vacant and requires full gut renovation. This is a graduate-level redevelopment project, but for the visionary developer, unlimited upside awaits. Bring back a 30 room SRO or maybe just deliver a fat 6 or 8 unit MFR. The choice is yours. This is a top-to-bottom, full-gut renovation project that will require going to the brick and replacing everything including all MEPs, etc. so only qualified GCs/renovators/developers need apply! No tire-kickers or first-timers.
Behind the handsome Greystone facade exists a 30 room SRO that is ready for redevelopment! The property is currently vacant and requires full gut renovation. This is a graduate-level redevelopment project, but for the visionary developer, unlimited upside awaits. Bring back a 30 room SRO or maybe just deliver a fat 6 or 8 unit MFR. The choice is yours. This is a top-to-bottom, full-gut renovation project that will require going to the brick and replacing everything including all MEPs, etc. so only qualified GCs/renovators/developers need apply! No tire-kickers or first-timers.
$161,160/year Gross Income | $125,252/year Net Income | 6.9% Cap Rate - Impressive for being 1.6 Miles East of Western Ave! | THEE Quintessential Turn Key Investment at 1309 West Ohio Street | Nestled between the Fulton Market District & River West Neighborhoods, this Multi-Family Building in HOT WEST TOWN has 8 Units designed with (8) One Bedroom Apartments | Unique & Money Making Floor Plans | Rear Apartments have their own Decks! | Wood-Planked Sundeck with Spectacular Views of the Downtown Chicago Skyline | Coin-Operated Laundry Facilities | HVAC Systems in all the Apartments | Tenants responsible for Gas (Heat & Cooking) and Electricity - LOW OPERATING EXPENSES | FULLY LEASED/Occupied with Solid Leases | Separate Water Heaters | 3 Leasable Exterior Parking Spaces (1 Tandem & 2 Single) | Well-Maintained & Professional Self-Managed throughout its ownership | View all 41 images (including Floor Plans) | Video tours and OM available upon request.
$223,460/year Gross Income | $173,810/year Net Income | 6.6% Cap Rate - Impressive for being 1.5 Miles East of Western Ave! | THEE Quintessential Turn Key Investment at 1500 West Walton Street & 940 North Greenview Avenue | Nestled between the Wicker Park & River West Neighborhoods, these 2 Multi-Family Buildings in HOT WEST TOWN have a Total of 10 Units designed with (6) One Bedrooms & (4) Three Bedroom / 2 Bathroom Apartments | Unique & Money Making Floor Plans | 2 Apartments with In-Unit Laundry | 2 Coin-Operated Laundry Facilities | Gas Forced Heat in all the Apartments, Central A/C at 1500 W Walton and Window A/C Units at 940 N Greenview | Tenants responsible for Gas (Heat & Cooking) and Electricity - LOW OPERATING EXPENSES | FULLY LEASED/Occupied with Solid Leases | Separate Water Heaters | Well-Maintained & Professionally Self-Managed throughout its ownership | View all 57 images (including Floor Plans) | Video tours and OM available upon request.
Introducing an all new brick new construction building. Spacious apartments consisting of two duplex ups, two simplexes, and two duplex downs. Condo quality units with just shy of 10 foot ceilings, hardwood floors, quartz countertops, four fireplaces. Spa like bathrooms. Each unit with has a balcony and additional outdoor space on the building roof and garage roof. Insulated with spray foam insulation. Two parking spaces per unit(one garage, one outside). Tenants responsible for electric and gas. Asking price reflects a proforma cap rate of 5.25%. Developer offering a one year limited warranty. Pictures are of previous projects.
Welcome to an extraordinary commercial opportunity at 2840 N Laramie! This spacious storefront boasts an impressive 6188 rentable square footage, providing an expansive canvas for your business aspirations. Nestled in the heart of a vibrant neighborhood, this location offers more than just space; it provides a dynamic environment for your venture to thrive. Imagine your business becoming an integral part of the community's pulse, surrounded by a blend of eclectic shops, bustling cafes, and a diverse array of businesses. The storefront's prime location ensures high visibility and foot traffic, making it an ideal setting for attracting customers. The dynamic energy of the area is sure to enhance your brand presence and contribute to the success of your enterprise. Step into a space that not only meets your business needs but elevates them. The layout is designed to accommodate a variety of business concepts, offering flexibility to bring your vision to life. Whether you're envisioning a chic retail boutique, a trendy cafe, or a dynamic co-working space, the possibilities are endless. This commercial gem is more than just a location; it's an opportunity to be part of a thriving community and establish your brand in a sought-after area. Don't miss the chance to make 2840 N Laramie the home of your business success. Seize the moment and make your mark in this vibrant Chicago neighborhood. Schedule a viewing today and unlock the doors to a commercial space where your dreams can flourish. This is not just a rental; it's an investment in your business's bright future.
AVAILABLE FOR SALE AND FOR RENT!!! Situated in the well-known vibrant center of Chinatown. The Unit is located at the 1st floor. Easy to spot, great traffic exposure. The structure boasts lofty ceilings, abundant natural light, state-of-the-art HVAC systems, and convenient parking facilities. With limitless potential, this space is adaptable for a variety of purposes. HOA fee $349.70/m. For rent is @35/sq.ft. ($3,212/m plus HOA and 100% property tax)
FANTASTIC OPPORTUNITY MIXED-USE BUILDING IN LAKEVIEW. OWN YOUR BUSINESS IN LUXURY HIGH-END COMMERCIAL SPACE OR INVEST. THE STOREFRONT IS DESIGNED WITH HIGH-END LIVING QUARTERS, COLLECTING ADDITIONAL INCOME 2 APARTMENTS EACH UNIT IS 1,200 SQ FT. BLDG. 2ND & 3RD FLOOR APARTMENTS AND STOREFRONT COMPLETED REHAB FROM 2020 UP TO THE PRESENT 2 PARKING SPACES. NEW ROOF, NEW FACADE. NEW LENTILS, NEW TUCKPOINTING, NEW PLUMBING INCLUDING WITH NEW WATER SERVICE. NEW ELECTRIC WITH NEW SERVICE, AND NEW HVAC. WASHER AND DRYER IN COMMON AREA. APT 2 LEASE RENT PER MONTH OF $2.300 EXPIRES 6/30/24. APT 3 LEASE RENT PER MONTH $2,139 EXPIRES 5/31/24. FIGURES ARE INCLUDED WITH PROJECTED COMMERCIAL SPACE BEING RENTED. NEARBY SHOPS, TRANSPORTATION, AND MORE.
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