Courtesy: Real Broker LLC
217-960-8605
Logan Square/Hermosa Good looking Brick (3) Unit Building generating $5,275 per month / $63,300 per year in income. THIS IS A LEGAL (2) UNIT zoned (RS-3) and gets really great income from the tenants plus the property receives extra income for parking, (see brokers private remarks). Top floor tenant is on a lease and the other 2 units are month to month. The basement unit is the non-conforming unit and has proper Ingress and egress. Both first and second floors have great looking hardwood floors, good looking windows, granite countertops. The garden unit has attractive tiles throughout the unit for their floors. All 3 units were updated about 5 years ago. All 3 units have super cute bathrooms. The building was last tuck pointed 2 years ago. The roof is 6 years new. The 2 furnaces and 2 AC units are 6 years new. This Multi-Unit property will not last long in this Market. Come check it out asap!
Courtesy: Compass
773-466-7150
FULLY rehabbed approximately two years ago and FULLY occupied, this turn-key 3-unit building sits on one of West Town's BEST blocks, surrounded by new construction and continued development. Each unit was thoughtfully updated with new flooring, appliances, cabinetry, countertops, HVAC systems (3), AC units (3), in-unit washers and dryers (3), dishwashers (2), windows, siding, closet organizers, and high-speed internet wiring, offering a modern, low-maintenance investment opportunity. Unit 1 is a spacious 3 bed + office, 1 bath leased for $3,040/month; Unit 2 is a large 3 bed, 1 bath leased for $2,800/month; and Unit 3 is a bright 2 bed, 1 bath leased for $2,750/month. Each tenant pays their own utilities and internet, helping keep ownership expenses streamlined. Each unit also enjoys HUGE private rear outdoor balcony. The backyard was recently redone and now features a new concrete parking pad along with a grassy yard, creating a clean, functional outdoor space for both residents and future owners. A prime investment opportunity in a rapidly growing area! Add this high-income, low-maintenance property to your portfolio! Also offers excellent future short-term rental potential once tenants vacate, subject to applicable regulations. Incredible location- close to shops, grocery, and restaurants all along chicago and Grand Av! Please provide at least a 48-hour notice required for showings.
Courtesy: Compass
312-319-1168
Best and final due 9/13 at 10AM. JUMBO BRICK LEGAL 3-FLAT on an EXTRA-WIDE 31' x 126' LOT! An exceptional opportunity for both investors and owner-occupants, this well-maintained three-unit property offers 7 total bedrooms and 3 bathrooms with generously sized interiors throughout. The building features a 1-bedroom/1-bath garden unit and two spacious 3-bedroom/1-bath residences on the first and second floors. All three units underwent extensive renovations in late 2020, including remodeled kitchens and bathrooms and updated appliances, creating move-in-ready spaces while maintaining the building's original character and woodwork. Each residence offers an extra-wide floor plan, spacious rooms and large eat-in kitchens. Three separate HVAC systems allow tenants to control their own gas and electric, while water, sewer and garbage are included. Additional features include coin-operated laundry, basement and rear-stairwell storage, a fenced backyard with patio space, and a 2-car garage with covered parking. Ideally located just three blocks from the Addison Blue Line with convenient access to I-90/94, shopping, dining and neighborhood amenities. With strong rental appeal, potential for increased rents, an extra-wide lot and substantial updates already completed, this is a compelling opportunity to live in one unit while generating income from the others or add a turnkey multi-unit property to an investment portfolio. All units are currently tenant-occupied; therefore, the property is not available for immediate owner occupancy. Lease dates posted.
Courtesy: Americorp, Ltd
773-585-5385
Fantastic investment opportunity in highly sought-after Noble Square/East Village! This solid brick 4-flat offers a full basement with laundry, 2-car garage plus an additional parking pad, and four fully occupied units with month-to-month tenants. The property features one 1-bedroom/1-bath unit and three spacious 1-bedroom + den/1-bath units. Tenants pay their own utilities, with each unit featuring individual gas heat, window A/C units, and a dedicated hot water tank located in the basement. Currently 100% occupied with rents below market, offering excellent potential for increased rental income. Units have historically rented quickly, making this a great opportunity for investors looking to add a well-located, income-producing property to their portfolio!
Courtesy: First In Realty, Inc.
773-779-3473
BEAUTIFUL WEST TOWN/NOBLE SQUARE NEIGHBORHOOD 2-UNIT WITH 7 BEDROOMS / 5.5 BATHROOMS AND ENDLESS OPPORTUNITIES. NESTLED ON A QUIET TREE LINED STREET - UNIT 1 IS A 3 BED/2 BATH FULLY UPDATED UNIT WITH IN-UNIT LAUNDRY AND A LARGE PRIVATE PATIO SPACE. UNIT 2 IS A MASSIVE DUPLEX-UP 4 BEDROOM/3.5 BATH UNIT WITH 3 ENSUITES - IMMENSE PRIMARY SUITE WITH ITS OWN PRIVATE BALCONY - ZONED HVAC - AMAZING EXTERIOR ENTERTAINMENT SPACES WITH 4 TOTAL BALCONIES, A ROOFTOP DECK WITH SKYLINE VIEWS - AND A 2.5 CAR GARAGE. IDEAL LOCATION CLOSE TO HIGHWAY/PUBLIC TRANSPORTATION, PARKS, RESTAURANTS, SHOPPING, NIGHTLIFE, AND GREAT NEIGHBORHOOD FESTIVALS! INVESTMENT OPTIONS WITH POSITIVE CASH FLOW, EITHER RENTING OUT BOTH UNITS, AIRBNB, SHORT-TERM PROFESSIONAL RENTALS - OR AS AN OWNER OCCUPANT AND RENTING OUT THE OTHER UNIT. INVESTOR CLIENTS OR ANY CLIENT LOOKING AS AN OWNER OCCUPANT WITH INCOME POTENTIAL, WOULD BE A GREAT FIT FOR THIS OPPORTUNITY. SELLER HAS REPLACED THE ROOF, ADDED ALL NEW COMPOSITE DECKING ON THE BALCONIES AND WALKWAYS, AND SCRAPED AND REFINISHED ALL THE WROUGHT-IRON FENCING AND STAICASES THROUGHOUT. DUPLEX UNIT TO REMAIN VACANT TO ALLOW MAXIMUM FLEXIBILITY FOR BUYERS - PLEASE ALLOW 24 HRS NOTICE TO ALLOW FOR SHOWINGS IN OCCUPIED UNIT 1. SCHEDULE TODAY!!
Courtesy: Essex 312, LLC
773-305-4858
1512 N Maplewood is a 2-unit building on a 3,024 SF parcel with favorable RT-4 zoning. The 2 Bed / 1 Bath units have central air conditioning, common-area laundry, and generate $48,430 in annual gross revenue. Ownership previously engaged Hanna Architects to design a 3-unit, 3,900 SF building on the site, and drawings are available for review in the additional information tab. The building offers a buyer two distinct paths for value creation: a long-term covered land play or immediate redevelopment. Long-Term Covered Land Play: In-place income reflects $31,487 of NOI, a 4.87 cap rate, and 13.4x GRM. In-place rents are well below the $2,224 market average, a 21.8 percent mark-to-market opportunity. This allows a new owner to stabilize the building at a 6.01 cap rate while awaiting future redevelopment. Redevelopment: The parcel is zoned RT-4, Chicago's low-to-medium-density multiunit zoning. This allows development of a 1.2 FAR building up to 42 feet tall where 25 percent of units are Type A accessible. These entitlements support the development of up to 3 units by right. The land is listed at $179 per buildable SF against an average land sale of $181 per buildable SF. In addition, the 2-unit building produces interim income of $31,631 per year as a developer finalizes architecture and permits.
Courtesy: HomeSmart Connect LLC
847-495-5000
Multiple offers received, seller requests Best & Final. Sight-unseen offers will be considered. Fully Renovated & High-Performing 3-Flat in Prime West Ridge Location. Turnkey investment opportunity in the heart of West Ridge! This fully renovated and high-performing 3-flat features true 3-bedroom layouts in all three units, an upgraded configuration that consistently commands strong tenant demand compared with typical vintage layouts in the area. The property offers a strong and diversified income profile, with current monthly rents of $2,620, $2,530, and $2,475, plus an additional $1,400/month from the garden unit. The 3-car garage provides further income potential at approximately $150 per space. Potential rent, including parking, is approximately $9,475/month or $113,700 annually. Units feature spacious floor plans, updated kitchens, hardwood floors, and functional living spaces designed to appeal to long-term tenants. Recent capital improvements include a new boiler/heating system, kitchen reconfigurations, commercial Speed Queen laundry, garage masonry improvements, pest remediation and sealing, two window replacements, and new stoves in two of the three units. The property has demonstrated leasing performance and benefits from strong tenant demand in a desirable West Ridge location near transportation, schools, shopping, dining, and everyday conveniences. The garden unit is non-conforming and currently provides an additional $1,400/month in rental income. A rare opportunity to acquire a renovated, income-producing multifamily property with strong rental performance, multiple income streams, and significant capital improvements already completed.
Courtesy: EXIT Strategy Realty
312-554-5478
LOCATION. GOOD NEIGHBORS. POTENTIAL. IT ALL MATTERS! Rare Chicago Greystone on a quiet block with working neighbors, featuring a unique side DRIVEWAY, garage, fenced yard, central A/C, and a finished basement with in-law arrangement and 2 separate exits. Rehabbed in 2020 with convenient first-floor in-unit laundry. Just steps from Ogden Ave and exciting new development coming soon, and only minutes from the West Loop and Downtown Chicago. Strong income potential with rents currently below market-THE MATH DOESN'T LIE! Have your agent run the numbers for you! This is a rare opportunity to own in a location with room for growth, strong rental potential, and incredible upside. Don't miss this one!
Courtesy: Optimus Realty Inc
773-561-3585
Turnkey Investment Opportunity! Updated multi-unit property. The building is fully tenant occupied and already generating rental income, making it an excellent opportunity for investors looking to add an income-producing property to their portfolio. Updated units, spacious layouts, and established tenants make this a great investment with rental income already in place. Need 48-hour notice required for all showings due to tenant occupancy.
Courtesy: Avenue 1 Realty Group
773-622-4663
Exceptional opportunity to own a beautifully updated 3-flat in the highly sought-after Logan Square neighborhood! This well-maintained, income-generating property offers a perfect blend of modern updates and classic charm, making it ideal for both investors and owner-occupants. Each unit features gleaming hardwood floors throughout, thoughtfully updated kitchens with stainless steel appliances, and stylishly renovated bathrooms complete with ceramic tile finishes. High ceilings and oversized windows create bright, airy living spaces filled with natural light, while all bedrooms are generously sized to comfortably accommodate a variety of living arrangements. The building is designed for convenience and privacy, offering separate entrances for each unit along with individually metered utilities-allowing tenants to pay their own gas, electric, and other services. Outdoor amenities include a rear patio, private backyard, and balcony/deck space-perfect for relaxing, entertaining, or enjoying Chicago's warmer months. A 2-car garage adds even more value, with one parking space already rented for $100/month, presenting an additional stream of income. Situated in a prime Logan Square location, this property is just steps away from a vibrant mix of local shops, popular restaurants, cafes, and nightlife. Enjoy easy access to the 606 Trail for walking, running, and biking. Commuting is a breeze with nearby public transportation options and quick access to major expressways. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property checks all the boxes-location, condition, and income potential.
Courtesy: Coldwell Banker Realty
773-631-8300
Great investment opportunity featuring four total units across two separate buildings, including a front building and a separate rear building. Each unit offers 2 bedrooms and 1 full bathroom, providing a consistent and functional layout throughout the property. All utilities are separately metered. The first floor unit in the rear building features a new furnace, hot water heater, and central air conditioning unit. The property also includes a 2 car garage. All units are currently occupied by month to month tenants, offering flexibility for the next owner. An excellent opportunity for an investor looking to add a multi building property to their portfolio.
Courtesy: RE/MAX Top Performers
847-295-0800
Exceptional investment opportunity in the heart of historic Bronzeville. Welcome to 4040 S. Calumet Ave, a distinctive property offering classic Chicago architecture, beautifully updated interiors, outdoor space, and an outstanding location just minutes from downtown Chicago and the lakefront. Units are currently occupied, giving an investor the opportunity to acquire an established multifamily property with existing tenancy. The building features spacious living areas, contemporary kitchens, stainless steel appliances, modern cabinetry, hardwood flooring, updated baths, multiple rear decks, and a gated entry. The location adds tremendous appeal with convenient access to downtown Chicago, the Lake Michigan lakefront, McCormick Place, the Obama Presidential Center, Washington Park, the DuSable Black History Museum and Education Center, public transportation, major expressways, and the many cultural, dining, and recreational destinations surrounding historic Bronzeville. 4040 S. Calumet brings together the features investors want most: location, character, updated interiors, existing occupancy, outdoor space, and multifamily income potential. Opportunities like this deserve a closer look. Schedule your private showing and come see what 4040 S. Calumet has to offer.
Courtesy: Consumer Realty Group, Inc.
312-253-7474
Beautifully maintained and recently updated 4-unit investment property located in the rapidly developing South Shore neighborhood! This solid brick building features four spacious 2-bedroom, 1-bathroom units, offering an excellent opportunity for both investors and owner-occupants seeking strong rental potential and long-term appreciation. Each unit offers hardwood floors, forced heating and central A/C, along with individual laundry hookups for added tenant convenience. Additional laundry hookups are also available in the basement. The property includes dedicated storage space in the basement for each unit, providing extra functionality and value for residents. Two units is currently rented and generating $1,550/month in rental income, giving the next owner immediate cash flow with additional upside potential. Investors will also appreciate the possibility to duplex-up the two second-floor units, creating larger units and increasing future value and rental income potential. Property is equipped with privately owned security cameras that can transfer with the sale. Situated near the exciting future developments taking place throughout South Shore, including the highly anticipated Quantum Shore project, this property is positioned in an area experiencing major investment and revitalization. Excellent opportunity to own a cash-flowing multi-unit property in one of Chicago's emerging lakefront communities!
Courtesy: Inter-City Realty, Inc.
773-862-5500
Location, location, location! Situated in the desirable Roscoe Village neighborhood within the Clybourn Corridor, this RT-4 zoned area is ideally located approximately half a block north of the Damen Ave, Clybourn Ave and Diversey Ave intersection. Enjoy close proximity to the vibrant, tree-lined Roscoe Street shopping and dining district, along with convenient access to the Kennedy Expressway (I-90/94) and multiple CTA bus routes, including Damen Ave and Diversey Ave. The property features hardwood floors, granite countertops. A great opportunity in a highly convenient Chicago location close to shopping, dining, transportation and neighborhood amenities. 1st floor is vacant and in need of updated. Total of 6 bedrooms and 3 full bathrooms. 2 car garage. Fenced Yard. Laundry hook up in utility room. No owner nor broker warranty legality of number of units in building.
Courtesy: Century 21 IMPACT
815-221-8400
This fully compliant legal 3-unit property delivers immediate income potential paired with the owner-occupant flexibility that savvy buyers pursue. Seven bedrooms and three bathrooms across three independently rented units create multiple revenue streams-whether you're owner-occupying one unit and collecting rent from two, or maximizing return on all three. Recent renovations and modern updates throughout mean minimal turnover delays and strong tenant appeal. Off-street rear parking adds convenience and property value in competitive markets. The structure is straightforward and the legal compliance eliminates the regulatory risk that haunts many multi-unit deals. Each unit has its own water heater and furnace. Each unit pays its own gas & electric, owner pays water. For investors seeking cash flow, owner-occupants building equity through rental revenue, or those exploring the house-hack model, this property delivers solid fundamentals and genuine opportunity.
Courtesy: Realty of America, LLC
708-788-1900
Great Opportunity! Beautiful 2-unit building, completely gutted to the studs and fully rehabbed in 2017, and meticulously maintained ever since! Both units feature forced-air heating, with central A/C on the second floor. The kitchens offer beautiful 42" cabinets, granite countertops, and plenty of space. The property also features beautiful flooring throughout both units and three updated bathrooms. 1st Floor: 3 bedrooms, 1 bathroom 2nd Floor: Beautiful bi-level unit with 3 bedrooms and 2 bathrooms This is a great opportunity for an owner-occupant or investor looking for a well-maintained, move-in-ready 2-unit property!
Courtesy: eXp Realty
888-574-9405
Opportunity meets flexibility in this classic Chicago two-flat in Woodlawn. Offering five total bedrooms and two full baths, the property has historically been configured with a two-bedroom first-floor residence and a three-bedroom second-floor residence, making it an attractive option for owner-occupants, extended-family living or investors. Inside, you'll find hardwood flooring, spacious living areas, functional kitchens with updated cabinetry and appliances, and plenty of room to make the property your own. A full unfinished basement provides valuable storage and additional possibilities, while the building's distinctive masonry exterior adds timeless Chicago character. With convenient access to public transportation and neighborhood amenities, this property offers the chance to move in, generate income and add value over time. Whether you're house hacking, expanding your rental portfolio or seeking flexible multi-generational living, 6620 S Marquette Rd presents a compelling opportunity.
Courtesy: New Harvest Investments, LLC
773-507-0241
Investor Special in West Englewood! Great opportunity to restore this 3 bedroom/1 bath each unit 2 flat with enclosed porch, finished basement with exterior exit, and side lot to south of the property for additional land space. Sold in "AS-IS" condition, no repairs will be done by seller, no survey provided. Separate force air furnace systems, large backyard to large 2 car garage. Pride of ownership throughout the community.
Courtesy: Realty of America
708-788-1900
Courtesy: HomeSmart Connect LLC
847-495-5000
4-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY FEATURING 10 BEDROOMS AND 4 BATHROOMS WITH ESTABLISHED RENTAL INCOME. EXTENSIVE RENOVATIONS AND IMPROVEMENTS COMPLETED IN 2021-2022, INCLUDING NEW WINDOWS AND WINDOW LINTELS, UPDATED ELECTRICAL SERVICE WITH INDIVIDUAL CIRCUIT BREAKERS FOR EACH UNIT, ALL-COPPER PLUMBING, HIGH-EFFICIENCY HVAC, AND INDIVIDUAL 40-GALLON POWER-VENT WATER HEATERS. ADDITIONAL IMPROVEMENTS INCLUDE HARDWOOD FLOORING, UPDATED KITCHENS WITH GRANITE AND QUARTZ COUNTERTOPS, FENCING, REAR PORCH, CONCRETE WORK, AND AN UPDATED MAIN ENTRANCE. CLEAN BASEMENT WITH POTENTIAL FOR FUTURE USE, SUBJECT TO ZONING AND APPROVALS. WELL-MAINTAINED, SUBSTANTIALLY IMPROVED PROPERTY WITH MULTIPLE INCOME-PRODUCING UNITS AND LONG-TERM INVESTMENT POTENTIAL.
Courtesy: @properties Christie's International Real Estate
773-472-0200
Simply the best 2-Flat! Unique 2023 full gut rehab created 2 duplex units, each with the feel of a single-family home. Property boasts two, 3-bedroom 2.5 & 2.0 bath luxury apartments. Corner lot provides incredible natural light via casement windows with top-down blinds for privacy. Welcoming Living Rooms have gas fireplaces. Large modern Kitchens have sizable islands, high-end Samsung appliances, hot water taps, and an extraordinary amount of storage space. Custom marble-tiled bathrooms with Grohe fixtures. Full-size front-loading washers and dryers. Primary Bedrooms have large walk-in closets and double vanity ensuite Bathrooms. LED lighting, Central heat and Air conditioning, Smart thermostats and door locks. Two car Garage parking wired for 240 EV charging and extra parking on driveway apron. Beautifully landscaped front and back yard with patios and a huge front porch. Solid lease, in Unit 2, may allow buyers to qualify for more than you think; check with your lender! This is a turn-key property; move in or lease Unit 1. Excellent location: Near Metra, CTA Brown + Red Line stations, and multiple dining & shopping districts. Walk to highly ranked/exemplary public schools (Chappell, Amundsen) or several excellent private schools: Lycee Francais de Chicago, Rogers Park Montessori, Chicago Waldorf, North Park Elementary. Close to Winnemac Park, West Ridge Nature Park, and beautiful city and lake-front parks. Enjoy Bowmanville's tranquility while being close to Andersonville/Lincoln Square.
Courtesy: Enterprise Realty Power Broker
773-221-8550
Rarely Available Greystone 2-Flat! This Gem has the original wood work thru-out along with gorgeous hardwood flooring. The built-in on the first level adds character that blends with the remodeled upgrades perfectly. All units feature remodeled kitchen and baths with stainless steel appliances, dishwasher and granite countertops with ceramic style modern flooring and new vinyl windows (2022)Newer roof with silver coating. Seperate heat in all units. First floor has 3 bedrooms and Second floor has 3 bedrooms. Partially finished basement with laundry and storage. Detached 2 Car Garage and conveniently located near transportation and the Obama Presidential Library.
Courtesy: RE/MAX 10
708-429-4300
BRICK 2 UNIT WITH LOTS OF UPGRADES, HALF BLOCK FROM PUBLIC TRANSPORTATION FOR EASY COMMUTE. PROPERTY IS NOT FOR RENT.
Courtesy: Tapia Realty, Inc.
773-736-2460
EXCELLENT INVESTMENT OPPORTUNITY IN THE MARKET!!! Beautiful three flat building plus full finished basement duplexed with first floor.
Courtesy: RE/MAX SUBURBAN
630-513-6100
Rare opportunity to own a spacious, well maintained 3-unit multifamily property in Chicago's West Garfield Park! Built in 2006 and situated on a desirable corner lot, this approximately 3,744 SF building offers three generously sized 3 bedroom, 2 bathroom units, each featuring a private primary suite bathroom, spacious living and kitchen areas, in unit laundry, rear mudroom space, and its own private patio or balcony. The first floor unit offers convenient private front and rear entrances, while the second and third floor units feature individual rear access in addition to the shared front entrance. Enjoy the added value of two legally owned parking spaces in the rear, plus abundant street parking along the front and side of the property. The owner has intentionally kept two units vacant, creating an incredible opportunity for an investor to bring in new tenants and establish fresh leases or for an owner occupant to live in one unit while generating rental income from the others. The third floor unit is currently rented for $1,500/month, with tenants paying their own electric, cooking gas, and heating gas. Each unit has its own furnace and water heater, and two exterior security cameras will remain.The units are wired for central air conditioning, with ductwork already in place; however, air conditioning condensers still need to be installed to complete the central A/C systems. The building has been consistently maintained and the units are in good condition and move in ready, offering a solid foundation with the opportunity for a new owner to make cosmetic updates and increase value over time. Recent improvements include gutter replacement in 2024. Zoned multifamily and offering an exceptional combination of space, parking, outdoor areas, in-unit laundry, and immediate rental flexibility, this is a property you won't want to miss!
Chicago is located in Illinois. Chicago, Illinois has a population of 2,742,119. Chicago is less family-centric than the surrounding county with 27.11% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago, Illinois is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago is 35.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.
