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.
5005 W Ferdinand St is a handsome classic Chicago corner all-brick apartment building. This cash-flowing investment opportunity in Chicago's South Austin neighborhood boasts eight two-bedroom units featuring attractive floor plans, newer windows, newer roofs (back porches and porch roofs need work), mostly updated kitchens and baths, and hardwood and laminate flooring. This is a smart investment, with tenant-paid gas (for heating, cooking, and hot water), and tenant-paid electricity for all eight apartments. 6 of 8 units are rented to excellent long-term tenants (some as long as 25+ years). 2 easily rentable apartments are intentionally left empty right now for easy marketing of building. Apartments have been well-maintained and some have been rehabbed. Classic vintage common hallways, some original woodwork and moldings intact, hardwood flooring, lots of natural light from plentiful large windows. Ample street parking. Tremendous commuter location for your tenants by car (8-mile drive to Loop), bicycle (6.8-mile ride along designated bicycle routes), or public transportation (.4-miles to Laramie Green Line el stop, .3-miles to #54 Cicero Ave or .4-miles to #66 Chicago Ave bus stops). Building is a cash machine, a clean investment property that has had many updates by the long-term owner and has a very low expense roll. Net Operating Income $47,574 (Projected Gross Rental Income $110,400 & Projected Net Operating Income $81,174)
GREAT INVESTMENT PROPERTY. THE PROPERTY SITS ON A QUIET, TREE LINED STREET JUST BLOCKS FROM CHICAGO'S CTA GREEN LINE. GUT REHABBED IN 2012 IMPROVEMENTS CONSIST OF, BUT NOT LIMITED TO: HVAC, ELECTRIC, PLUMBING, PORCH. CORNER LOT HAS TWO (2) BUILDINGS ONE (1) PIN. SIX (6) UNITS IN TOTAL. THREE (3) UNITS WITH TWO (2) BEDS AND THREE (3) UNITS WITH FOUR (4) BEDS AND DUPLEX DOWN. RENTS ARE UNDER MARKET. 2024 IMPROVMENTS: WINDOW CAPPING, CATCH BASIN & UPDATED LOWER LEVEL UNITS. WON'T LAST LONG!
Investment Opportunity! This 8-unit property is a cash cow, generating $8,457 in monthly gross income. Consisting of four 2-bed, 1-bath units and four 1-bed, 1-bath units, all currently occupied by CHA Section 8 tenants, ensuring a steady, government-backed income stream. Each unit features separate utilities and gas forced air. Well-maintained and situated in a prime location. Don't miss this chance for a reliable investment in a thriving area!
Great vintage courtyard building consists of 25 apartments and 4 retail spaces. Large potential, building is about 70% occupied! Roof, windows, tuckpointing, storefront windows and doors all done 10 years ago. Newer porches with stairs, 4 year old furnace and water heater. All units are rewired, upgraded with circuit breaker panels, 1100 Amps electrical service. 2 inch copper water service. 6 two bedroom, 6 one bedroom and 13 studios. All units have wood floors. Building addresses: 1149 - 1155 S Mason, 5918 - 5924 W Roosevelt. Easy to operate!
Proud to present 5701 W. Washington Blvd, Chicago, IL 60644. The following executive summary provides a comprehensive overview of a prime multifamily property located at 5701 W. Washington Blvd, Chicago, IL 60644, situated within the vibrant Austin community. This property presents a unique investment opportunity in the thriving Chicago real estate market. The 16-unit multifamily property at 5701 W. Washington Blvd strategically located in the heart of the Austin community, offers a mix of well-designed residential units catering to diverse housing needs. The property is conveniently positioned to provide easy access to essential amenities, transportation, and local attractions.
great building was updated few years back, with very good income,all heating and electric are separate **could be sold as a package of more than 40 units***
Presenting a rare opportunity to acquire a multi-tenant retail investment property positioned in a strong transit oriented location in the city of Chicago. 5225 W Madison Street contains 20,034 square feet across two buildings and is situated on approximately 0.90 acres. Near the lighted intersection of Madison Street and Laramie Avenue just north of I-290, the center benefits greatly from its position across from Walgreens among several other retailers on one of the city's main thoroughfares. The center is fully occupied by many internet-resistant tenants on long-term leases. Recently anchoring the center, University of Illinois Chicago Outreach Center has just signed a long-term lease at the two-story endcap east building. Differentiated businesses and contrasting rush hours allow for an ideal synergy and mutual benefit across the property. The brick construction building has been beautifully maintained and offers its visitors 54 parking spots in a secure and well-kept rear lot. Madison Street provides street parking and bike lanes as well. This asset is being offered at a 9.25% CAP with tremendous cash flow and continued growth.
NOW LEASING AS WELL! Completely rehabbed retail opportunity in South Austin, minutes from I-290. Truss building, 11 ft. ceilings with fully open floor plan and 50'+ frontage along Madison Street. Newly finished epoxied concrete floors, two brand-new HVAC units on the roof, all major systems are brand new. Perfect for any business and floor plan design. Walls are insulated for custom installation of outlets, fixtures and wall finishes. Metered for single or divided use. Potential to occupy 51% of the space and lease out the rest for SBA loans. Daily traffic count 14,500+ with easy street parking. Handicap accessible restrooms. Targeted growth area with a new senior center and a community center. Perfect for walk-in business, storage or corporate/office space. Convenient location for any business and CTA accessible. Mayor's Invest South/West initiative opportunity zone.
Solid investment in a newer building on busy Cicero Avenue with off-street parking and many build-outs. Fully rented, 7% cap rate,below market rents with upside potential. Building is near CTA El station.
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