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.
Check out this solid brick building in the busy South Western Avenue area of Chicago. It's a great investment with a shop on the ground floor that catches lots of foot traffic. There's also a cozy studio apartment that's been updated for comfort. Upstairs, you'll find Single Room Occupancy (SRO) units that are all set according to city rules, making it a safe bet for you and a reliable place for tenants. These SRO units are almost full, bringing in $2,405 a month. Plus, the studio and the shop each add $900 a month to your earnings. ($4205/m Total) This property is in a neighborhood that's getting more valuable, so it's not just a buy; it's a smart move for growing your investment. With a strong income stream, it stands out as a great choice for anyone looking to invest in a growing area. Come see why this property could be a key part of your investment future. Book your visit today!
Welcome to check out this mixed use properties with 5 lots and a commercial building with 2 stores in a corner of prime location of Canaryville. The long-time owner decides to retire and sell the Auto Repairs business and the commercial building, the vacant lots all together. Improvement is needed for the unfinished store and the second-floor apartment. It is lots of potential in this area! This area is composed of some retail stores, some with second and third floor apartments, single family homes, and two to four flats. Good traffic flow with a mix of commercial and some industrial properties, near to Chicago White Sox Park and Interstate I-94. It is ideal for the business of auto shops, fast food restaurants with drive through and franchises. Great opportunity for investment developers!
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.
This mixed-use building on busy Ashland with multiple income streams and a desirable location presents an attractive investment opportunity with the potential for long-term growth and profitability. It combines the convenience of a storefront with the comfort of a 3 bedroom apartment on the second floor. The 3-car garage ensures ample parking, eliminating the hassle of searching for street parking and potentially providing added income. There is a partial basement for extra storage. The building is being sold AS IS
Excellent opportunity in Back Of The Yards! Large commercial space on ground floor, 4 residential apartments, full unfinished basement, plus full finished attic. Nearly $200K worth of work already completed including brand new roof, windows, and tuckpointing. Commercial space is approximately 1525sqft with 2 half baths. Space can be easily divisible into 2 storefronts - perfect size for a local nail salon, hairdresser, etc. Storefront rents projected at $1200 each and have access to full basement for additional storage. Residential apartments are currently 2-3 beds, 1 bath each. Take advantage of the full finished attic by creating duplex up apartments! Potential for (1) 2 bed 1 bath (Projected Rent: $1250) on 1st floor, and (3) 3 bed 2 bath duplex up units (Projected Rent: $2000) on 2nd floor. Projected Gross Annual Income of $115,800. Great location within close proximity to multiple supermarkets, shopping on 47th and Ashland, Davis Park, I-90 Expressway, Western Orange Line just 1 mile away.
Presenting an exceptional income-generating mixed-use multi-family property situated in the sought-after Back of the Yards neighborhood. Comprising two spacious 2-bedroom apartments, an large unfinished attic, and a generously sized open storefront, this property offers diverse revenue streams. Additionally, a full basement with high ceilings currently serves as a workshop for the commercial space tenants. The storefront is presently leased on a month-to-month basis to a neighboring school, utilized for enriching art classes. Enhancing its appeal, the property includes a two-car brick garage. Ideal for investment purposes, this property accommodates various strategies, whether as an owner-occupied residence with rental income, or full tenancy across all units. Contact your local agent to arrange showings. Tenants are responsible for all utilities, and the property is sold as-is. Notably, the adjacent vacant lot, owned by 'The City of Chicago,' presents a compelling opportunity for potential expansion, enriching the value proposition of this exceptional investment.
Come check out this beauty brick property. This mix-use property located in the sought out neighborhood of back of the yards, conveniently located near by the Amazon warehouse, offers a 30+years of an established beauty salon business. The beauty salon is located on the first floor front of the building. This property offers 3 units on the second floor with 1 bedroom 1 bathroom each unit and 1 non-conforming living unit in the first floor located in the back of the beauty salon. Easy to show, come check it out and make your offers. Photos coming soon.
Come check this beautiful mix use property in the sought out neighborhood of back of the yards (New City). Conveniently located near the Amazon warehouse. The commercial space provides a long term tenant Metro PCS. The front store (metro pcs) provides a non-conforming unit on the second floor, with a 1 bedroom and 1 bathroom. The coach house in the back offers 2 units, with 2 bedrooms, 1 bathroom, kitchen and living room in each unit. Currently the coach house is owner occupied and it is very clean and well kept property. Easy to show. Come check it out and make your offers. Photos coming soon.
INTRODUCING A REMARKABLE MIXED-USE COMMERCIAL PROPERTY LOCATED IN SOUTHWEST CHICAGO. THIS ENTICING LISTING OFFERS A PRIME OPPORTUNITY FOR INVESTORS OR BUSINESS OWNERS SEEKING A TURNKEY OPERATION. THE FIRST FLOOR IS A THRIVING BARBER SHOP, CURRENTLY IN USE AND SUCCESSFULLY OWNED, BOASTING BRAND NEW ELECTRICAL WIRING. ABOVE, A SPACIOUS THREE-BEDROOM, ONE-BATHROOM APARTMENT AWAITS, PROVIDING COMFORTABLE LIVING QUARTERS. THE ENTIRE PROPERTY HAS BEEN METICULOUSLY MAINTAINED, WITH RECENT UPGRADES. WITH LOW TAXES AND THE POTENTIAL TO GENERATE $4,000 PER MONTH IN RENTAL INCOME, THIS PROPERTY PRESENTS AN ENTICING INVESTMENT OPPORTUNITY.
The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this industrial/warehouse building opportunity. The subject property is located at 1335 West 47th Str., Chicago, IL 60609 (the "Property"). This is an urban industrial building located in Chicago's South Side dense "Back of the Yards" neighborhood. It features a three-story masonry-constructed building, 42,823 SF GLA including basement, and 14,474 SF or 0.33 AC site, a 10-foot clear ceiling, a flat-rubber roof, fixed insulated glass windows in aluminum frames and glass block, loading dock with two bays and masonry construction throughout all three floors and basement, and a single common freight elevator that feeds all four levels of the building. The subject property is zoned C3-3 (Commercial, Manufacturing, and Employment district). The building's first floor includes a small 600 SF office buildout. The remainder of the first floor has a relatively higher-end finish and is considered to be in good condition for industrial property. The basement unit is connected to all other floors via the common freight elevator and would have the same finish and utility to a typical occupant as the second and third floors. The basement, second, and third floors are in more or less average condition for this type of industrial property and are currently under-utilized as additional storage space for ownership. Easy access to I-90/I-94 and I-55 expressways, public transportation, the Loop, and Midway International Airport. The subject property is situated in a mixed commercial and residential city setting. Excellent opportunity for a user, investor, or developer.
Investment Opportunity | Part 1-story and 3-story industrial/office/flex building complex for sale. Buildings Total 46,000 SF. Newly renovated in 2017 with exposed brick, air ducts, and large windows. Mixed studio and office spaces house a variety of creative tenants. 2 Drive-In doors cater to the larger tenant spaces at the front. Spaces can be leased for warehouse, industrial, office or retail use. Current tenants include HVAC, Photography, Beauty & Wellness. Potential to add value through leasing of parking spaces. There is a 5% escalation clause for tenant rental agreements. 924 38th Pl has two vacant units. 928 38th Pl has 5 total vacancies in the newly constructed basement level (Floors 1 and 2 have 0 vacancies). Don't miss this great opportunity just a mile from Chicago White Sox Field!
Two-story building for sale. This vacant property boasts 15,000 square feet of newly constructed space (built in 2018), with 7,500 square feet per floor. Great user property! The property features custom build-to-suit spaces, owned parking spaces, two 14' clear overhead doors, 17' clear height on the first floor and 13' second floor. New roof and new RTU's (15-ton 2nd floor and 12-ton 1st floor).
A retail or restaurant zoned building with a rear apartment and garden unit located on the corner of 35th and Ashland. Business front was previously a restaurant but can also be converted to an office space. The storefront consists of a bathroom, dedicated HVAC system, and basement storage. Rear apartment consists of 3 bedrooms, 1 bathroom, kitchen, and living room. Hardwood floors throughout all the bedrooms and living room. The garden unit consists of a 1 bedroom, kitchen, eating area, living room, and 1 bathroom. Porcelain tile flooring throughout the garden unit. The exterior yellow brick facade and tuckpointing is in great condition. Building roof is in good condition and maintained over the years. Included in the sale the adjacent vacant lot currently used as extra parking and yard space for the tenants in the rear apartment. Building is located in a high traffic area, across the street from the Amazon distribution center, nearby the I-55, and many other businesses. Property has two pins: 3554 S. Ashland: 17-31-407-037 with lot dimensions 25ft x 91ft and 3556 S. Ashland: 17-31-407-038 with lot dimensions 25ft x 91ft. Reach out for more information.
Nestled at the bustling crossroads of 47th Street and Laflin Avenue, this MASSIVE BUILDING unveils a world of possibilities in a prime corner location. A versatile mixed-use gem, it seamlessly blends the best of commercial and residential living, making it an enticing prospect for the savvy investor. The property's charm is evident from the outset, with a spacious storefront that stands ready to accommodate an array of business ventures. Positioned strategically at a corner, it enjoys a high-visibility presence, drawing attention from the steady stream of passersby. Moving beyond the commercial aspect, the true essence of this property comes to life in the MASSIVE apartment at the rear - it's like a single-family home, boasting a bit over 1,600 square feet of living space. With three generously sized bedrooms and two full bathrooms, it offers an unparalleled haven of comfort. The separate kitchen, formal living room, family room, and huge dining room exude an air of sophistication and cater to various lifestyle needs. Descend to the basement, and you'll find a space brimming with potential. While currently unfinished, its impressive size and well-maintained condition present a blank canvas for creative transformation. What sets this property apart is its rich history and cherished ownership. With over two decades of family stewardship, it has been thoughtfully and lovingly maintained. Now, it stands ready to welcome a new chapter, offering the perfect opportunity to continue its legacy while creating something uniquely yours. Seize the chance to be a part of this remarkable narrative and make your mark on this cherished corner.
4 1/2 STORY WAREHOUSE BUILDING WITH 137,500 SQ FT, 17 LOADING DUCKS, 34 PARKING SPACES. REAR METAL BUILDING NOT INCLUDED. GREAT PRICE FOR LOTS OF REAL ESTATE. FEDERAL EMPOWERMENT ZONE, TIFF DISTRICT (LOW PROPERTY TAXES).
Right on Truck route . FOR SALE with tenant in business. Seller is motivated; property offers many possibilities. The property is approx. 2000 Sq. Ft with exhaust hood system, pizza oven, walk in cooler, For sale includes some equipment's and fixtures. Rental income is $2000 /m (gross rent) Inside with walk-in cooler and pizza over and exhausted hood. It has office, storage room, bathroom and front good for fast food dining. Parking spaces available at the back.
Great opportunity on this mixed-use property. Commercial space downstairs with possibility of residential units upstairs. In need of updating. new roof . brick garage .
Here is a great opportunity to establish your business in a great Chicago location in the Brighton Park neighborhood. 5,800 square foot building on 3 levels. 5 separate parcels. Plenty of parking. 18,700 vehicles per day. Less than 2 miles from I55. Less than 3 miles from I90. Perfect for an owner-user or re-developer.
Beautiful Building in close to everything location. Three 3 Bedroom, Two Bath residential units and One commercial unit offered for immediate sale. All units have individual PINs and utility meters. High end finishes. Have your business, live in one unit and collect the rent from other two, rent them all - it's your call. Parking in the back for all residential units. Owner never occupied the building. Sold AS - IS.
Investors, Business Owners, and Developers Read! Great opportunity to own a mixed use property in Chicago's New City. Bring your vision to this 5 unit building; per previous listings, unit breakdown is 3 apartments and two storefronts. Seller is Cook County Land Bank Authority. All interested parties must register with at their website prior to viewing. Being sold in AS IS / WHERE IS condition with no representations, warranties. Buyer responsible for and must perform ALL due diligence. Please refer to Cook County Land Bank website for offer deadline.
Listings courtesy of MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 4/18/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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