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Chicago IL Real Estate & Commercial for Sale850 Properties Found
The median home value in Chicago, IL is $400,000
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 $400,000.
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!
1–25 of 850 properties displayed
$629,900526 N Ashland Avenue Chicago, IL 60622![]() View additional infoRARE OPPORTUNITY TO ACQUIRE THIS 2,400 SQUARE FEET DISTRIBUTION WAREHOUSE ZONED B3-2 WITH OFFICES IN THE DESIRABLE WEST TOWN AREA. THIS PROPERTY FEATURES 4 OFFICES (3 SPACIOUS OFFICES ON THE 1ST LEVEL & 1 LARGE OFFICE ON THE 2ND LEVEL), STORAGE, WAREHOUSE & 1 FULL & 2 HALF BATHROOMS. CURRENTLY LEASED. RECENT UPGRADES INCLUDE NEW FRONT DOOR IN 2020, NEW HVAC & A/C IN 2023, NEW WATER HEATER IN 2020, NEW GARAGE DOOR OPENER IN 2024, AND NEW RUBBER ROOF IN 2022. WHETHER YOU CHOOSE TO OCCUPY THE PROPERTY OR INVEST IN ITS FULL POTENTIAL, THE POSSIBILITIES ARE ENDLESS. WITH RENTAL INCOME, THIS INVESTMENT IS SURE TO THRIVE. ENJOY CLOSE PROXIMITY TO GROCERY STORES (MARIANOS), COFFEE SHOPS, ENTERTAINMENT, DINING, METRA & I90. $4,250,0005001 S Michigan Avenue Chicago, IL 60615![]() View additional infoThis prime mixed-use property is located in Chicago's historic Motor Row District and offers excellent potential for retail, office, or residential use. It boasts high visibility, strong foot and vehicle traffic, and convenient access to CTA transit, Red and Green Lines, and major expressways (I-90/94 and I-55). Just minutes from the South Loop, McCormick Place, Museum Campus, and the University of Chicago, it's surrounded by ongoing development, restaurants, and cultural landmarks-making it a valuable opportunity in a thriving, well-connected neighborhood. $5,395,0001645 N Wells Street Chicago, IL 60614![]() View additional infoFully Renovated 15-Unit building in the Heart of Old Town. Everything was done on this property - new roof, windows, massive back decks, water service, electrical service, insulation including gypcrete and blown in insulation between floors, kitchens, baths, plumbing, HVAC, electrical, and more. Truly a turn-key property with additional upside through rental increases and implementing bundles services/internet fees. Easy access to public transit, Old Town shops and restaurants. There is one small commercial tenant in the front of the building on a 5 year lease. $975,0001150 W Belmont Avenue Chicago, IL 60657![]() View additional infoMake your appointment to see this conveniently located mix use building in the center of Lakeview. This building has two separate store fronts on the main level and two apartment units on the 2 and 3 floor. Both apartment units have the same layout. Kitchen / formal dining room / living room with 2 bedrooms each and a full bath. the unfinished basement is ready for your ideas. Large back yard for summer recreation. The building is close to shopping and mass transit. $489,9008409 S Burley Avenue Chicago, IL 60617![]() View additional infoAttention Investors: Don't miss this chance to invest in a spacious 2-unit property with a full basement. 2 Car Detached Garage. This property is ripe for renovation, perfect for launching a new business. With two new 100 AMP electrical boxes to segregate residential and commercial power usage, this property offers a promising opportunity. Each unit will be able to be set up so they settle their own utilities. Sold in the condition it is currently in. Cash offers require proof of funds, Conventional financing requires a pre-approval. This property holds significant income potential. Great Location Near Metra, Shops, Dining, and the Beach! $695,0007250 S Merrill Avenue Chicago, IL 60649![]() View additional info33 Realty is pleased to offer a prime investment opportunity at 7250 S Merrill in the heart of the South Shore neighborhood. This well-maintained building features individual gas and electric meters, as well as hot water heaters for each unit, complemented by centralized furnace heating. These features contribute to efficient operation and low operating costs, making management straightforward for investors. The property also includes convenient coinoperated laundry facilities in the basement, enhancing tenant appeal. With updated units boasting modern stainless steel appliances and newer countertops, this investment is ready for immediate occupancy. There is ample parking space available for up to five cars, providing added convenience for residents. Investors will appreciate the stability offered by this property, with solid cash flow potential and room to increase rents. With low operational expenses and minimal renovations needed, this opportunity allows for continued profitability while maximizing returns. $425,0003127 W 15th Street Chicago, IL 60623![]() View additional infoCalling all investors! Legal 6-flat with potential and space to add a 7th unit in the basement. Four units have already been gutted-ready for your vision and finishing touches. Two units are livable, currently occupied by the seller's family. Recent updates include a new water heater, new boiler and toilets. Furnace is only 5 years old. Solid bones-perfect for an investor or savvy rehabber looking to build equity and rental income. $925,0005849 S Michigan Avenue Chicago, IL 60637![]() View additional infoPrime opportunity for investors looking for both immediate cash flow and long-term upside. This well-maintained 8-unit building includes six spacious 3 bed / 1 bath units with hardwood floors, decorative fireplaces, large windows, and private decks, offering plenty of character and natural light throughout. Two garden units round out the mix: one 2 bed / 1 bath, and one 1 bed + office / 1 bath, perfect for added rental flexibility. Tenants enjoy convenient on-site laundry and extra storage in the basement, plus plenty of parking in back. Recent updates include new water heaters (both replaced within the last 2 years) and a modernized boiler system with wireless thermostats. The building is already producing strong cash flow, with room to add value over time. Located just a short walk to the Green Line and Washington Park, and with quick access to 90/94, this property offers a convenient location. Whether you're expanding your portfolio or jumping into multifamily for the first time, this building is a smart, solid play. *Professional photos coming soon* $2,500,0005636-48 W Division Street Chicago, IL 60651![]() View additional infoThis 33-unit mixed-use property, a bank-owned asset in Chicago's thriving North Austin neighborhood, presents an attractive investment opportunity in a historic urban setting. Constructed in 1925, the elegant terracotta building features 7 commercial storefronts, 20 one-bedroom/one-bathroom apartments, and 6 two-bedroom/one-bathroom apartments, creating a diverse and stable revenue stream. The property's varied unit mix appeals to a wide range of tenants, from small businesses to residential renters. Significant value-add potential exists through targeted upgrades, including modernizing the commercial spaces (notably the vacant corner unit), enhancing on-site parking, and improving laundry facilities. With strategic renovations and efficient property management, investors can unlock substantial cash flow and long-term appreciation in Chicago's dynamic rental market. Located in a vibrant, historic community with strong demand, this property is ideal for those looking to capitalize on the city's growing real estate opportunities. $2,000,0003056 W Walton Street Chicago, IL 60622![]() View additional infoWelcome to an all brick building just steps away from Humboldt Park, and nestled in the heart of Augusta Boulevard, Kedzie Avenue, Sacramento Boulevard and Grand Avenue. This building boasts nearly 12,000 square feet of space coupled with very high ceilings for additional storage along with four access points. Essentially, there are two attached buildings with two different height clearances. The east building has over a 14 feet ceiling height clearance. The west building has over a 19 feet ceiling height clearance. There are two access points on the south side of the building and there are two additional access points on the north side of the building. All four access points can be reconfigured for additional height and width clearances as a result of additional masonry work. This building is Zoned C1-2 and there are many permitted uses, such as, but not limited to, a storage facility, a day care, animal services facility, artist space, building material sales, a restaurant, a tavern, a liquor store, office space, a hair salon, a nail salon, a laundromat, an amusement facility, a children's play center, a car wash and/or limited manufacturing facility. There are many conditional uses and one can even rezone the subject property. Please feel free to download the C1-2 Zoning guide in the Additional Information tab of this listing. NOTE: The current owners will remove their personal property prior to closing. Easy to show. $1,500,0003600 W Lawrence Avenue Chicago, IL 60625![]() View additional infoAmazing investment opportunity in Albany Park! Own a three-story apartment building with 83' of commercial frontage along Lawrence Avenue. The building includes 5 storefronts, 8 studios, and 2 two-bedroom apartments. The property includes a large fenced lot for parking in the rear for approx. 16 vehicles. Currently there are 2 vacant studios and 2 vacant storefronts. Add value through leasing of vacant units, unit renovations & rent increases. Each unit has individual furnaces. This corner property is located half a mile from the Kimball Station CTA Brown Line (6-minute walk). The immediate area is lined with long term established neighborhood restaurants including Chicago Kalbi, Cardona's Restaurant, Peking Mandarin Restaurant, Great Sea Restaurant, Nighthawk, Kabobi Persian, Lawrence Fish Market, and Noon o Kabob Chicago. $2,000,0003056 W Walton Street Chicago, IL 60622![]() View additional infoWelcome to an all brick building just steps away from Humboldt Park, and nestled in the heart of Augusta Boulevard, Kedzie Avenue, Sacramento Boulevard and Grand Avenue. This building boasts nearly 12,000 square feet of space coupled with very high ceilings for additional storage along with four access points. Essentially, there are two attached buildings with two different height clearances. The east building has over a 14 feet ceiling height clearance. The west building has over a 19 feet ceiling height clearance. There are two access points on the south side of the building and there are two additional access points on the north side of the building. All four access points can be reconfigured for additional height and width clearances as a result of additional masonry work. This building is Zoned C1-2 and there are many permitted uses, such as, but not limited to, a storage facility, a day care, animal services facility, artist space, building material sales, a restaurant, a tavern, a liquor store, office space, a hair salon, a nail salon, a laundromat, an amusement facility, a children's play center, a car wash and/or limited manufacturing facility. There are many conditional uses and one can even rezone the subject property. Please feel free to download the C1-2 Zoning guide in the Additional Information tab of this listing. NOTE: The current owners will remove their personal property prior to closing. Easy to show. $2,000,0003056 W Walton Street Chicago, IL 60622![]() View additional infoWelcome to an all brick building just steps away from Humboldt Park, and nestled in the heart of Augusta Boulevard, Kedzie Avenue, Sacramento Boulevard and Grand Avenue. This building boasts nearly 12,000 square feet of space coupled with very high ceilings for additional storage along with four access points. Essentially, there are two attached buildings with two different height clearances. The east building has over a 14 feet ceiling height clearance. The west building has over a 19 feet ceiling height clearance. There are two access points on the south side of the building and there are two additional access points on the north side of the building. All four access points can be reconfigured for additional height and width clearances as a result of additional masonry work. This building is Zoned C1-2 and there are many permitted uses, such as, but not limited to, a storage facility, a day care, animal services facility, artist space, building material sales, a restaurant, a tavern, a liquor store, office space, a hair salon, a nail salon, a laundromat, an amusement facility, a children's play center, a car wash and/or limited manufacturing facility. There are many conditional uses and one can even rezone the subject property. Please feel free to download the C1-2 Zoning guide in the Additional Information tab of this listing. NOTE: The current owners will remove their personal property prior to closing. Easy to show. $399,9007352 S Langley Avenue Chicago, IL 60619![]() View additional infoThis solid 6-unit brick building features six desired 1-bedroom hardwood floor apartments, each offering great space and comfort. Located just minutes from the beach, the new Tiger Woods Golf Course, and the upcoming Obama Center and a highly anticipated Quantum Center, this property sits in one of Chicago's fastest-growing areas. Each unit has beautiful hardwood floors and its own furnace, keeping costs low and making it easy to manage. The front two units are extra large and offer the potential to be converted into 2-bedroom apartments for even more rental income. The full basement provides plenty of extra space, perfect for storage or future improvements. This is a great addition to any investment portfolio-strong cash flow, value-add potential, and a prime location. Don't wait-opportunities like this don't last! $1,200,0005449-51 W Quincy Street Chicago, IL 60644![]() View additional infoThis 12-unit multi-family property at 5449-51 W Quincy in Chicago presents a prime value-add opportunity for savvy investors looking to capitalize on the city's robust rental market. The building features (12) spacious 2-bedroom/1-bathroom units with well-designed layouts, offering ample living space that appeals to a wide range of tenants. Each unit is primed for light rehabilitation, allowing new ownership to enhance interiors and boost rental potential through strategic upgrades. The property's solid structure is a standout feature, with a sound foundation and well-maintained masonry exterior in excellent condition, ensuring long-term durability and low maintenance costs. This sturdy construction provides a reliable base for renovations, making it an ideal canvas for investors aiming to maximize value. With significant potential for increased cash flow through effective management and targeted improvements, this property is perfectly positioned for those seeking to unlock its full potential in Chicago's dynamic multi-family market. $599,0001818 W 78th Street Chicago, IL 60620![]() View additional infoSolid, stabilized, corner brick 6-flat in popular Auburn Gresham, one block north of 79th Street at Honore and 78th Street. On a nice block with many well-cared-for bungalows in an appreciating area and near transportation, shopping and more, this building is worth adding to your portfolio. 5 units are spacious two bedroom, one bath apartments and one unit is a three bedroom, one bath. Improvements made include a new roof in 2020, and tuckpointing and lintel replacement in 2022. Some units have been recently updated. Building has an installed security system in place. Tenants pay their own heat, which means strong financial performance. There is also additional upside for a new owner in higher rents, for charging for 3 off-street parking spaces, and possibly putting in coin laundry. One unit is available for first showing purposes so book now! $525,000628 S Cicero Avenue Chicago, IL 60644![]() View additional infoPrime commercial opportunity at 626 S Cicero Ave, Chicago, IL 60644! Located just 5 minutes from the I-290 exit, this property offers quick access to downtown Chicago and major business hubs. Positioned in West Garfield Park, a high-traffic area with growing commercial demand, it ensures visibility and accessibility for businesses. Zoned C2-2, it supports a variety of uses, including retail stores, restaurants, offices, auto repair shops, and warehouses. Its proximity to key transportation routes and public transit makes it an ideal investment for entrepreneurs looking to establish a thriving business. Don't miss this chance to secure a prime location! PINs: 16164010320000 / 16164010330000 $315,000600-606 S Pulaski Road Chicago, IL 60624![]() View additional infoOwn the Whole Block - 600-606 S Pulaski Rd | $315,000 | Endless Potential on a High-Traffic Corner Incredible opportunity to own an entire stretch of commercial frontage at the bustling intersection of Pulaski Rd and Harrison St. This multi-address, multi-use property package includes 600, 602, 604, and 606 S Pulaski Rd-offered together for just $315,000. That's right-four addresses, multiple structures, and full ownership of the block in a high-visibility location. 600 S Pulaski - Formerly a long-time neighborhood restaurant with loyal clientele. 602 S Pulaski - A second commercial building with a partially completed restaurant build-out. New restaurant equipment is negotiable. Ready for your finishing touches or ideal for conversion to retail, office, or flex use. 604-606 S Pulaski (Corner Building) - A mixed-use structure offering street-level retail potential and the ability to create two residential apartments above, adding immediate income potential and valuable mixed-use zoning flexibility. Parking - Includes off-street parking behind the buildings plus ample street parking for customers, tenants, or staff-an excellent asset for any business or multi-use development. Zoning & Usage: Perfect for owner-users, investors, or developers. Multiple income streams possible-restaurant, retail, and residential. Bring your business vision to life while building long-term wealth through real estate. Prime Location Benefits: Pulaski Rd corridor sees high vehicle and foot traffic, making this a smart spot for food service, neighborhood retail, or community-based services. Strategically positioned near Douglas Park, Kedzie Pink Line Station, and right on the I-290 Eisenhower Expressway ramp for strong commuter and neighborhood access. The surrounding West Garfield Park and North Lawndale neighborhoods are poised for revitalization and community investment, with growing commercial interest and public infrastructure improvements. Whether you're looking to revive a beloved local business, launch something new, or capitalize on development opportunities in an emerging corridor, 600-606 S Pulaski Rd is your rare chance to own a full commercial block in Chicago, approximately 6,000 sq. ft.-at an unbeatable price. $535,0007006 W Diversey Avenue Chicago, IL 60707![]() View additional infoIntroducing a remarkable opportunity that offers endless possibilities in a prime location. This mixed use property ensures excellent visibility, foot traffic, and accessibility, maximizing its potential to attract customers and clients. This property presents three distinct spaces, each with its own unique potential, perfect for the savvy investor or entrepreneur seeking a versatile space to transform their vision into reality. All occupied units are under fully negotiable leases, generating a yearly income of 56,400k. The first space is a 800 sq ft vibrant retail store. Adjacent to this exciting shop is another 800 sq ft turnkey restaurant with a welcoming ambiance and a well-equipped kitchen, making it an enticing option for those seeking a ready-to-go business venture. Nestled at the rear of the property is a charming (approx.2400 sq ft) 3 bed & 1 1/2 bath coach house. Already occupied as well, this income-generating unit adds an additional layer of value to the property, offering a consistent revenue stream. Furthermore, the coach house is complemented by a delightful yard, providing a tranquil retreat. With all of these versatile spaces, this property is a rare find, catering to the aspirations of investors, restaurateurs, and entrepreneurs alike. Don't miss out on this extraordinary opportunity to make your mark in the mixed use property arena. Embrace the possibilities, unlock the potential, and set the stage for your business venture in this remarkable space. Contact me today to schedule a viewing and seize the chance to turn your dreams into reality! $750,000368 W Huron Street #5 Chicago, IL 60654![]() View additional infoWelcome to 368 W Huron St, Unit 5 - A Distinctive River North Loft with Endless Potential. Step into this stunning vintage Prairie-style loft in the heart of River North, where character and opportunity meet. Formerly a law office, this unique condo/loft space offers the flexibility to reimagine it as a stylish residence, creative workspace, or the perfect hybrid for modern living. Featuring classic architectural details, soaring ceilings, and open-concept charm, Unit 5 is brimming with potential and ready for your next chapter. Whether you're an entrepreneur, artist, or someone looking for a one-of-a-kind city space, this unit invites your creativity. Nestled in a prime location, you're just steps from world-class shopping, dining, and River North nightlife-yet comfortably close to major transportation for effortless commuting. Don't miss this rare opportunity to own a piece of timeless Chicago with the freedom to make it your own. $1,500,0001286 N MILWAUKEE Avenue Chicago, IL 60622![]() View additional infoGreat Location On Hot Milwaukee Ave Corridor In Desirable Wicker Park. Fantastic Corner Exposure & Foot Traffic. 2 Levels Plus Basement. Elevator Building. Private Office space on 2nd floor with Conference Room & Kitchenette Generates $5000 monthly rent. The basement is 1180 Sq Ft. Great for storage space. Seller Occupies 1st Floor. Monthly Assessment: $600.00 that includes Water, Garbage & Exterior Maintenance. Close To Expressway, Major Roads & Public Transportation. Owner retiring. Optical is for sale. $129,000 $1,445,0002501 N Drake Avenue Chicago, IL 60647![]() View additional infoCorner brick building on large lot. Easily rentable units with great income. Two car garage plus gated space for one more. Very walkable location in a quiet residential area. Beautiful 3br/3ba on third floor. Four 2br/1ba on first and second floor. Private outdoor space for three front units. All units have in unit washer/dryer. Extra gated parking space can be rented as well for additional income. $460,00011147 S Michigan Avenue Chicago, IL 60628![]() View additional infoRenovated in 2022, Motivated seller.....bring all offers! This staple in Roseland since 1969 on Michigan Avenue. It features a turnkey fully operational store-font restaurant with all the fixtures, furnishings, and equipment needed to continue its legacy of excellence. The reputation of Ware Ranch Steak House ensures a loyal customer base and a smooth transition for the new owner. In addition, the second floor features an open-concept living and dining area with a fully renovated kitchen including Stainless Steel Appliances, a beautiful backsplash with cabinets, and a ton of storage space. This space can also be used as a banquet hall. Parking in the rear fits 4 cars. (Everything stays except a small pop cooler and the pictures on the wall) $1,350,0002256 W Roscoe Street Chicago, IL 60618![]() View additional infoHeart of Roscoe Village Corner, mixed use, five unit. 1st floor Coffee Shop occupies commercial space at 2873 with 12 months left on lease. Rear 1st floor 1/1ba 1385, 2nd floor 3/2 3100 and top floor 1/1 1300. Coach house 1/1 1900 with seperate entrance. Newer kitchens and baths. Very solid rent roll 10758. $2,499,9004212 N Milwaukee Avenue Chicago, IL 60641![]() View additional infoAmazing Mixed-Use Building!! VERY LOW PROPERTY TAX!! This exceptional mixed-use property, located in the vibrant Portage Park area, offers a prime opportunity for both business and residential living. Spanning across four levels, the building features: - Ground Floor Commercial Space: The main floor presents expansive commercial space perfect for retail, office, or service-based businesses, currently occupied by a restaurant. With high visibility along the bustling N Milwaukee Ave corridor, this area enjoys heavy foot traffic and easy accessibility for customers. - Lower-Level Commercial Space: The lower level offers additional versatile space, ideal for storage, office expansion, or further commercial ventures, with convenient access and great potential for diverse use. - 4 Luxury Residential Units: Above the commercial spaces, find four beautifully appointed residential units, each featuring high-end finishes, modern appliances, and spacious layouts. Designed with comfort and sophistication in mind, these units provide an ideal living experience in one of Chicago's most desirable neighborhoods. - Prime Location in Portage Park: Situated in the sought-after Portage Park neighborhood, this property is within walking distance of parks, restaurants, cafes, and public transit, offering residents and businesses alike an unparalleled convenience of living and working in this dynamic community. This property presents a unique opportunity to own a piece of the thriving Portage Park area, combining residential luxury with commercial potential. Whether you're looking to expand your business or invest in a high-quality residential development, this property has it all.
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Chicago IL Real Estate Listings Provided By:Casey Voris How may I help you?Get property information, schedule a showing or find an agentChicago & Nearby CitiesChicago ZIPs
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