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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Tremendous opportunity in this Mixed-use, 4 unit building in the heart of Palmer/ Logan Square. Located just off the BLVD and steps to amazing restaurants/ parks/ nightlife. Easy walk to the Blue Line and 2 blocks North of the 606 entrance. This solid brick building has been well maintained with updates to the major building components (Mechanicals/ Electric/ Pluming), and recent concrete parking pad off the alley. Plenty of room to increase rents with some cosmetic updates. The units consists of 3 large- 3 bedroom- 1 bath apartments plus a retail space on the street level. Apartment 1- 3 bedroom/ 1 bath. Hardwood floors throughout, updated kitchen, AC, w/d in- unit. $2000/mo Apartment 2- 3bd, 1ba features hardwood floors throughout. excellent light, large deck, rent $1550 Apartment 3- 3bd, 1ba- Harwood floors throughout, newer kitchen, AC, W/D in unit, large deck. Rent $1950 (lease just expired) Commercial unit has been fully rehabbed and turn key office suite. Current rent $1842/ mo 3% annual escalations.
Desirable Bucktown location. New construction all brick 9 unit building. Elevator and attached garage. Six 2bd/2bth, two 3bd/2bth and one commercial unit. Highest quality finishes include designer kitchens with quartz countertops, full backsplash, stainless appliances, in unit full size w/d, custom closets etc. 100 % occupancy. Each unit has a large balcony, 4th floor units have roof top decks. Ideally located just steps away from Damen/North Ave intersection, Blue line Damen station and 90/94 expressway.
Located in the heart of Chicago's West Town. This property offers over 6000 square feet of space! Great location to develop, re-purpose, or keep as is. R-3 Zoning. Solid building features 3 separate levels of workspace with seating for 300+ in the main auditorium. An extra multipurpose area seats an additional 50+. Perfect youth center space for screen and raised soundboard area. Lower level houses a large open space for group sessions and or dining hall, outfitted with a commercial kitchen that offers 3 stoves and 3 refrigerators, a huge pantry & storage, A Clothes Pantry, separate children's classroom, and 2 updated bathrooms. There are 5 New furnaces and Central Air Conditioners were added that make the entire building zone-controlled with gas forced HV/AC. The roof is approximately 14 years old rates for 30 years. Street parking is available on Richmond, Wabansia, Humboldt Blvd and also has been an arrangement with a nearby lot. If that wasn't enough the property features a 5 bedroom home, that has recently been updated, hardwood floors refinished which is rents for $2,500 per month.
Bucktown/Wicker Park New Construction Ground Level Retail 1560 square feet set on Vibrant and Dynamic North Ave, 2.5 blocks from the epicenter of North/Damen and Milwaukee. Soaring 11 ft 8' ceilings, Wide Expansive Layout Delivered Vanilla Box. Zoned B3-2, Strong Traffic Count 23,900 cars per day, Excellent Visibility, Stunning Luxury Boutique Residences above. Builder may consider participating in future build out.
Rare opportunity to acquire a storefront property with three apartments located in a high-traffic area on North Ave. The property, which includes a bicycle repair shop owned by the current owner, is in need of renovation. Two spacious one-bedroom apartments are currently rented, while the third requires a complete overhaul. Situated mere blocks from the anticipated multi-million dollar revitalization project of the historic Pioneer Bank building into a mixed-use space with offices, a cafe, and apartments. Don't miss out on this unique investment opportunity.
Amazing location for a savvy investor! Humboldt Park area, just a couple of blocks from the 606. 3 legal units include one 2 bath storefront (with basement), one 2 bed/1 bath apartment, and one 3 bed/2 bath apartment. Excellent tenants, rents have room to increase. Store has open loft feel with exposed brick, hardwood floors throughout, two bathrooms, central air, high ceilings. Includes full unfinished basement for storage. Apartments have been rehabbed with updated kitchens, baths, and dedicated laundry. Second floor (3 bed/2 bath apartment) also has central air and in-unit laundry. Fenced backyard offers many possibilities for summer enjoyment.
Investors Prime location for this three-story mixed-use building. The spacious storefront, currently unoccupied, presents a blank canvas for entrepreneurs looking to establish their presence in a thriving community. Take advantage of the B-3-2 zoning to unleash the full potential of this prime commercial space. The second-floor apartment, recently renovated, offers modern living spaces and is currently occupied, providing immediate rental income. The third-floor apartment, awaiting your finishing touches, presents an exciting opportunity to add further value and increase rental yields. Parking for 4 cars. Don't miss out on this chance to capitalize on a prime location and a property poised for growth.
Perfect opportunity of Commercial/Retail space of 1000 square foot, finished with one bathroom and kitchenette. Located on Armitage and Kedzi in Logan Square neighborhood. Zoned B3, Currently being used as an office space but has potential for many other businesses use. Do not miss the opportunity to purchase this great cash flowing retail asset.
Turnkey mixed use property located on the popular and heavily trafficked Damen Ave! Property consists of a remodeled 2BD/ 2BA upstairs unit with in-unit W/D rented at $2,600/ mo and a 1st floor retail space currently leased at $2,800/ mo or $22/ sf. Property also has a full basement offering additional cooking or storage space. Property features a 2-car garage with 1 space currently rented at $160/ mo. Both units offer modern mechanicals with central air and gas forced air heating. Seller Financing is available here! Sellers are willing to hold paper so come with your ideas on how to structure. This property is close to everything including the Damen blue line stop, Clybourn metra station, restuarants, shopping, nightlife, while also offering easy access to the 90/94 expressway.
Presenting two retail spaces in one investment portfolio right on Damen Avenue in Bucktown. Offering excellent exposure with high visibility, vehicle, and foot traffic, each individual space with storefront floor to ceiling windows. Occupied by two separate spa service businesses. 1915 is comprised of 1,674 SF with reception/waiting area, 8 treatment rooms (1 includes plumbing), 1 laundry room, and 1 ADA restroom. 1917 is comprised of 1,486 SF with reception/waiting area, 1 treatment room, 3 hair style stations, 4 eyelash/eyebrow stations, 2 shampoo stations, kitchen and 1 ADA restroom. Distinctively remodeled with a sharp black and white aesthetic with complementary marble epoxy floors. The building was built in 2006. The fully leased portfolio is offering a 7% cap based on triple net leases (net operating income of $90,890 with annual increases). Each unit is separately metered for gas, electric, and water and individual HVAC systems. Zoned B3-2. VPD 21,258. Demographics: POP 244,691 | HHI $$146,207 | POP AGE 19, 25-54. Join A'Pied Shoe Boutique and Truce by David Mor, joining Le Bouchon, Pompette, CLAUDIA and The Red Balloon Co through the Bucktown retail corridor of Damen Avenue. Portfolio includes both spaces 1915 and 1917. Please do not disturb operating businesses.
Outstanding location to live and work! Open your own business in the heart of Logan Square. High visibility area. 1rst Floor store front with approximately 1,500 SF of commercial space suitable for many business purposes. Currently leased for $1,500. until 11/30/2023. Central heating and A/C. 2nd floor 7 room 3-bedroom apartment with hardwood floors. Rented on a m2m for $1050. 2 car brick garage rented for $200 per month.
Outstanding location to live and work! Open your own business in the heart of Logan Square. High visibility area. 1rst Floor store front with approximately 1,600 SF of commercial space suitable for many business purposes. Currently leased for $1,500. until 11/30/2023. Central heating and A/C. 2nd floor 7 room 3-bedroom apartment with hardwood floors. Rented on a m2m for $1050. 2 car brick garage rented for $200 per month.
The space is currently configured for office use and features abundant natural light, 12' ceilings, and modern-industrial finishes that fit right in with the urban-cool aesthetic of the neighborhood. This property presents an exceptional opportunity for either a new owner/user aiming to establish their presence or an astute investor seeking to capitalize on its prime location along Milwaukee Avenue.
I am pleased to present a mixed-use investment opportunity located in the vibrant Logan Square neighborhood. This property boasts both financial and physical attributes, making it an attractive prospect for savvy investors and business owners seeking a strategically positioned and well-maintained asset. Property Details: - Building Size - 15,600 Square Feet; Lot Size: 5,250 Square Feet; Zoning: B3-1; Location: Corner of Armitage Ave. and Mozart St., Logan Square; Floors: Three; Composition: One commercial space and four residential units; Stabilization: 100% Stabilized. Key Highlights: Renowned Dos Urban Cantina Lease; The property includes a leased commercial space occupied by the well-established and renowned Dos Urban Cantina. This esteemed tenant brings stability to the investment and adds value to the property due to its popularity and established reputation within the community. Desirable Residential Units: The four residential units, thoughtfully designed as two units of two beds and one bath each, offer comfortable living spaces complemented by in-unit washer/dryer facilities. The residential units present a steady income stream and cater to the increasing demand for quality housing in the Logan Square neighborhood. Modern Amenities and Infrastructure: The property stands out with its contemporary features, including individual furnaces and water tanks for each unit, full HVAC systems for hot and cold forced air throughout the entire building, and copper plumbing. These modern amenities ensure tenant comfort and convenience, adding to the property's appeal. Recent Capital Improvements: Extensive capital expense investments, totaling over $275,000 dollars in 2022, demonstrate the property's commitment to maintaining its value and ensuring a hassle-free ownership experience for the future buyer. Recent updates, such as tuck-pointing and a new tear-off roof, enhance the building's structural integrity and longevity. Excellent Traffic Exposure: With an average daily traffic of 21,688 cars passing by on the corner of Armitage Ave. and Mozart St., the property enjoys significant exposure, providing ample visibility for the commercial space and increasing the potential for attracting new customers. Outdoor Deck: An existing outside deck of 500 SF adds a valuable amenity for tenants and patrons, creating an inviting space for leisure and entertainment. As a discerning investor, this commercial property presents an opportunity to capitalize on the thriving Logan Square market and its continued growth potential. I am confident that the property's prime location, versatile composition, and recent capital improvements will yield long-term benefits and a strong return on investment. Commercial Lease - Presently at a monthly rate of $8,234, it carries 3% annual increases, is responsible for 50% of the taxes for the building, and 50% of the building's water-use. Offering Memorandum / Sales Booklet - Contact Listing Agent directly to receive our offering booklet, providing detailed income, expenses, market study, financial analysis, images, demographics, maps, etc.
Attention restauranteurs. Newly available restaurant with full build out and all of its contents available on the main floor and two apartments above, one a licensed Airbnb that can be transferred along with 4.5 star rating and management in place. 2 car garage parking onsite or use it as storage. Apartment 2F: Fully Furnished 2bd 1 bath with pullout couch, full kitchen. Apartment 2R: Fully Furnished 2b 1bth, full kitchen. Amazing location steps from Logan Blvd and across the street from Starbucks. Close to public transportation. Building being sold As Is.
Great location in Bucktown on North Western Ave. This mix use vintage brick building zoned for B3-2 has huge upside with options for 1st floor storefront/office space and 2nd floor apartments. Large backyard with enormous potential for living and work. Close proximity to Bucktown nightlife, restaurants, shopping and highway. Bring your idea's and plans.
Amazing 8,000 SF ground level commercial condo available in West Bucktown. Ideal for office use. 14' Ceiling Height. 2 Dedicated Parking Spaces. Located in an architecturally unique, Pappageorge-Haymes designed timber-loft building. Vacant upon sale. One block to the 606 trail and walking distance to the many shops and restaurants in Bucktown/Wicker Park neighborhood. Blocks to either Western Blue Line stop and Milwaukee Blue Line stop. NNN Lease Type. Population of 68,936 within 1 mile with average household income of $131,626.
Gut renovated 6-unit in the heart of Bucktown! Just a quick walk to the Milwaukee Corridor shopping, bars, restaurants, and more! This 2015 gut renovation includes a unit mix of 2 bed, 3 bed, and 4 bed apartments. Renovation included all new plumbing, electrical, individual HVAC, new windows, flooring, kitchens & baths, back deck, and more! The property presents an investor with a rare opportunity to acquire a turn key asset in an irreplaceable north side of Chicago location, with very high renter demand and long term value. (Loan must be assumed, new 10 year debt at 5.52%)
Large Price Reduction. Owner Financing Available. Logan Square mixed use property. Excellent opportunity to rehab and enjoy the profits for many years to come plus a profitable resale value. Needs complete rehab or tear down. Currently all units are used for storage.
Great office or retail space on busy Western Ave in the heart of Bucktown. High foot & street traffic. Approx 1000 sqft w/ 10' ceilings and large storefront windows for tons of natural light. Zoned B3-2 which allows for a variety of uses. No food or Liquor business allowed. Just north of the Blue-Line and a few blocks to I-94/I-90. 4 commercial condo units on ground floor. Monthly assessment is $188. Current tenant has a lease til April of 2025. Owner has appealed taxes and 2023 have been reduced to $8,144.
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