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.
Property consists of 2 store fronts and 4 small apts. One store occupied is a Food market. The apts. are 1 bedroom with a kitchen, dining area, living room and bath and are currently rented. All units have separate heating. Recent upgrades are new windows across the front and new electric boxes. Building generally is in fair condition. There is a 4 car garage that needs additional repairs. When done can bring more income. Building is being sold "As Is".
Offered is a bustling strip mall nestled within a nearly fully occupied brick building, situated in the dynamic heart of West Chatham. This presents an exceptional investment prospect, capitalizing on substantial pedestrian flow. Erected in 2005, the retail hub houses six thriving storefronts. Its prime position ensures exceptional visibility, augmented by prominent pylon signage, and an expansive on-site parking area accommodating up to 29 vehicles. Recent enhancements include a partial roof replacement and resurfaced parking lot. With an expansive 7,550 square feet of space, the structure boasts robust all-brick construction. Lease arrangements operate on a modified gross basis, with tenants accountable for utilities, rendering it a highly lucrative venture.
1502 W. 79th St is a vacant three-story brick mixed-use commercial building. Located in the midst of a wide variety of retail stores, this property will be a good choice for many different uses. Located near the busy intersection of 79th and Ashland, this property boasts a large storefront that is waiting for a complete renovation, The two large apartments on the upper floors each feature 3 spacious bedrooms, 1.5 baths, a living room, dining room, and kitchen for a complete renovation. With its prime location in a heavily trafficked area, this property is ideal for a wide range of businesses, from restaurants to retail stores to professional offices. The possibilities are endless, and the potential for growth is immense.
This income-producing property in Washington Heights is a dream come true for investors seeking a stable and profitable addition to their portfolio! This beautifully maintained 6-unit building boasts spacious 2-bedroom, 1-bathroom apartments, each featuring a formal dining room and an enclosed back porch. Enjoy peace of mind with a recently updated Rubberized Aluminum coated roof (under 10 years old!) and completely updated electrical systems throughout the building. Five out of six units are currently occupied by reliable tenants who have called this building home for over 4 years. The current rents are well below market value. A detached 4-car garage provides additional income potential or extra storage space for your tenants. Additionally, the common space is well-maintained and inviting, creating a positive first impression for potential renters. Check it out today.
"As-Is Sale" This is a opportunity to own a unique commercial property. This versatile office style building, situated in a prime location, which offers a remarkable opportunity for savvy investors or business owners. Positioned on Western Avenue, this property benefits from high visibility and accessibility, thanks to its proximity to major retail outlets like Menards and Walmart. This strategic location not only guarantees a steady flow of potential clients but also provides excellent convenience and exposure. With the property dual-side layout, the property caters to a diverse range of business needs-from office spaces to specialized services like barber shops or dental practices. The 8941 side boasts a waiting and reception area, four offices, and two bathrooms while the 8943 side features a spacious main area, four individual offices, and a bathroom. Both sections share a convenient kitchen and a compact file room, making it ideal for various ventures. Due to recent water damage caused by burst pipes, the property requires a comprehensive gutting and rehabilitation. This presents a unique chance for investors to remodel and customize the space. Prior to the water damage, the roof was completely redone in 2021, AC (2021), and the furnace has been enhanced with a new control board. This property represents a blend of opportunities-ideal for those looking to invest in a space with potential for high returns through refurbishment and strategic location. Whether you're aiming to establish your own business or lease spaces to others, this commercial building offers the flexibility and potential to realize your vision. It is incumbent upon the buyer to conduct their own comprehensive due diligence regarding the property.
Property tours available by appointment ONLY. Contact List Agent Tameka via text or call. Retail asset presents Investors a ground lease which presents no landlord responsibilities with value add. Traffic volume for this location exceeds 5k vehicles per day. This desirable location is in a very dense area of Chicago zone C2-1.
****THIS BUILDING IS PART OF AN REO PORTFOLIO SALE AND INCLUDES 5 BUILDINGS (118 TOTAL UNITS): (1) 8100-8110 S Paulina St, Chicago IL 60620, (2) 8200 S Paulina St, Chicago IL 60620, (3) 8102 S Maryland Ave, Chicago IL 60619, (4) 7157 S Yale Ave, Chicago IL 60621, (5) 7849 S Escanaba Ave, Chicago IL 60617.******/// 8200 S Paulina St is a 19-unit building in Chicago's Southwest Auburn Gresham neighborhood. This building has a unit mix of six (6) one bed/one bath units, and thirteen (13) two bed/one bath units. Beautiful masonry building will require renovation. Built in 1927 and boasting 15,000 sq ft of space, 8200 S Paulina St offers a unique investment opportunity to contribute to the revitalization of Auburn Gresham.
****THIS BUILDING IS PART OF AN REO PORTFOLIO SALE AND INCLUDES 5 BUILDINGS (118 TOTAL UNITS): (1) 8100-8110 S Paulina St, Chicago IL 60620, (2) 8200 S Paulina St, Chicago IL 60620, (3) 8102 S Maryland Ave, Chicago IL 60619, (4) 7157 S Yale Ave, Chicago IL 60621, (5) 7849 S Escanaba Ave, Chicago IL 60617.****** /// 8100-8110 S Paulina St is a 31-unit building in Chicago's Southwest Auburn Gresham neighborhood. This building has a unit mix of 28 one bed/one bath units, and three (3) two bed/one bath units. This solid masonry building will require full renovation. Built in 1928 and boasting 32,404 sq ft of space, 8100-8110 S Paulina St offers a unique investment opportunity to contribute to the revitalization of Auburn Gresham.
INVEST IN BEVERLY VIEW!---- Great opportunity to invest or set up your own storefront business with two apartments above to help pay for the mortgage. This is a three-lot, 3 pin property with 75 foot frontage on Western Ave. 23,000 car per day traffic count, this property is highly visible and next to the very active 79th street intersection with mostly new retail and fast food too. It consists of a 3 story building, has one occupied remodeled store--$2050/month-to-month---will vacate with 90 day notice. Two 2-bedroom apartments in good condition, currently vacant, lease value is about 1000/apartment. There is a full basement below for storage/commercial use plus a 2 car parking pad out back. Included is the adjoining 50x106 lot which can be paved for parking or to build more space. This address is part of the GREATER SOUTHWEST INDUSTRIAL TIF DISTRICT.
Clean and solid two story brick building located in the Industrial Corridor System Fund district (PMD) and qualifies for TIF grants. Current owner has outgrown the space and is selling the building only. This 12,000 sq. ft. building is split between two floors. The first floor has 2 garage doors with access from the street & alley, 2 bathrooms, office and a new car lift. The second floor is 6,000 sq/ft of open space and is great for storage. The second floor also has updated windows and an alley accessible second floor dock door with electric & manual hoist lift system. You can load pallets from the alley to the second floor with ease. The building's sewer system has been updated and there is a 10 camera security system included. The taxes are friendly and the zoning allows for a variety of uses like Cannabis. Please contact Adam for more information and do not disturb the business.
Discover the perfect investment with this 15-unit brick property, currently bringing in $15,680/month in gross rents. This property features a desirable mix of two-bedroom, one-bedroom, and studio apartments, plus an adjacent parking lot for tenant use. Located on a desirable block, this property boasts spacious living spaces that cater to a wide range of tenants. Meticulously maintained, it demonstrates the owners' commitment to quality, with a gas forced air system for efficient heating and separate utilities to minimize landlord expenses. Situated in a safe, quiet area just 20 minutes from the loop, tenants enjoy proximity to amenities, including shopping, dining, parks, and public transport. Offering a mix of rehabbed, updated, and vintage units, this property presents a significant value-add opportunity through potential rent increases, further renovations, and additional income streams like paid parking. An exceptional chance for both seasoned investors and newcomers, this property promises stability and significant growth potential. May be purchased as a portfolio with 6221-6235 W Wabansia, Chicago, MLS#11984243.
GREAT OPPORTUNITY TO OPEN YOUR OWN BUSINESS ON THE MAIN LEVEL AND LIVE OR RENT THE SECOND FLOOR APARTMENT. MAIN LEVEL WAS BEING USED AS A BAR WITH FULL COMMERCIAL KITCHEN AND TWO HALF BATHROOMS. FULL UNFINISHED BASEMENT. SECOND FLOOR APARTMENT FEATURES 2 BEDROOMS, LIVING ROOM, SEPARATE DINING ROOM, KITCHEN, DEN, BONUS ROOM IN THE FINISHED REAR PORCH, AND FULL BATHROOM. HUGE BACK GATED YARD. TAKE ADVANTAGE AND PURCHASE THE PROPERTY NEXT DOOR (8512 S RACINE AVE) AS A BUNDLE PACKAGE. SUBJECT PROPERTY IS AN ESTATE SALE AND SOLD AS IS.
TURNKEY INCOME - GENERATING 2 UNIT BUILDING FOR SALE! GREAT LOCATION! VERY WELL KEPT! LOW PROPERTY TAXES A YEAR - LESS THAN $4000. THE PROPERTY CURRENTLY GENERATES $1,550 A MONTH IN RENTAL INCOME. FIRST FLOOR CONSISTS OF A LARGE RECEPTION AREA AND SEVERAL OFFICE SPACES THAT WERE USED AS DENTIST'S OFFICE AND IS NOW RENTED BY A BOILER HEATING SPECIALIST. THE SECOND FLOOR CONSISTS OF A 2 BEDROOM APARTMENT, A LIVING ROOM WITH LARGE WINDOWS, AND A SPACIOUS KITCHEN WITH BUILT-IN CABINETS, AND OVEN AND REFRIGERATOR. THERE IS A SEPARATE DINING ROOM. BATHROOM IS CHARMING WITH A TUB AND SHOWER COMBINATION. THE GARAGE NEEDS LITTLE TLC. A LAUNDROMAT IS LOCATED ACROSS THE STREET CLOSE TO MANY SHOPS AND RESTAURANTS AND PUBLIC TRANSPORTATION. FINANCING IS ACCEPTED. SOLD AS IS, PROPERTY IS ELIGIBLE FOR TIF AND NOF GRANT FUNDING. THAT'S MONEY IN YOUR POCKET!
~6,000 Sq Ft freestanding retail / commercial building for sale on a 7,188 Sq Ft lot. Property needs complete rehab and is priced to move. Property being sold AS-IS, 100% Tax prorations, no survey provided. High- visibility location with traffic of over 22,000 vehicles per day and a Walk Score of 81. Easily accessible to public transportation, located on CTA #79 79th bus route, 0.1 miles from CTA #9 Ashland / Ashland Express bus route, and 0.1 miles CTA #169 169th / UPS Express bus route. Please review CCLBA Offer Checklist before inquiring and please note that all offers must be submitted via the CCBLA link. OFFERS DUE BY JANUARY 25, 2024 AT 5:00 PM, AWARD DATE FEBRUARY 8, 2024 BY 5:00 PM.
**Exceptional Ashburn Storefront Property** - Immaculately updated in 2023, this prime commercial space in the Ashburn neighborhood offers a turnkey solution for your business. Boasting new drywall and flooring, providing a fresh canvas for your enterprise, complemented by upgraded lighting, two new modern bathrooms, a welcoming waiting area, three private offices, storage room, a versatile training room/classroom, and a convenient break room with a kitchenette, this property is thoughtfully designed to meet your business needs. Additional highlights include secure parking for three cars, abundant street parking, fully furnished with new office furniture, forced air head and central air, equipped with audio/visual amenities and wired for Google office use, complete with training monitors and security cameras. With an impressive 2022 average daily traffic count exceeding 27,000, B1-1 zoning, immediate public transportation access, and a recently installed median barrier by CDOT, this location offers both visibility and convenience for your business. Elevate your operations with this exceptional opportunity today.
FANTASTIC OPPORTUNITY ON A EXCELLENT LOCATED STRIP MALL 5,500 TOTAL SQFT **NEAR MAJOR MALLS AND EXPRESSWAY CORNER OF 93RD AND HALSTED***LONG TERM TENANTS OCCUPIED PAY ALL UTILITIES**TOTAL INCOME YRLY $75,600 COULD BE MUCH HIGHER***9304-9305 OCCUPIED BYA POPULAR RESTAURANT 2,000SQFT RENT $2,500 MONTHLY 10YR LEASE WITH 5YR OPTIONAL REMAINING**9301 OCCUPIED BY FLORAL SHOP $1,300 MONTHLY RENT MONTH TO MONTH READY TO SIGN 5YR LEASE***9307 OCCUPIED BY LONG TERM COMMUNITY GROCERY STORE 2,000SQFT RENT $2,500 MONTHLY RENT MONTH TO MONTH READY TO SIGN 5YR LEASE***MOTIVATED SELLER READY TO MAKE A DEAL***
Freestanding 3 story building. Approximately 7500sf on first floor and 15000 combined with upper levels. Lot size is approximately 7,850sf Footprint of building covers the entire (75' x 105')t. Additional 9,375 sf of land located at 1529 W 79th St land for parking can be acquired for an additional $125,000. Formerly occupied by Bank Complete. Interior short of a raw shell no interior improvements exist. The property is being sold in "as is" condition. Site has many possibilities as the roof appears to be in good shape (see photos) and the building is solid block construction. allow 24hr notice for showings.
This corner property located on the intersection of Western and 78th St. This property is situated on 5 City lots (18,900 SF) and consists of a 1322 SF building. The building has two front drive-in doors, there is an additional over-sized 2+ car garage on 78th St. and an additional 2 car garage with alley access. This secured fenced property has curb cuts on Western, 78th St. and from the alley. The highly visible property has a traffic count of over 29,300 vehicles per day, is minutes to I-90/94/57 Expressways and 6 miles to Midway Airport. The current use is a landscaping business but can be used for a multitude of different business opportunities, including automotive, outside storage, Store fronts etc. Along with being completely redeveloped. The property is located in the Chicago Greater Southwest Growth Zone and TIF district. It is directly across the street from St. Rita's College Prep and is located on South Western Automobile Row.
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