The median home value in Chicago, IL is $371,900
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 $371,900.
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!
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Beautifully maintained with high income and major recent capital improvements. New $26k boiler in 2019, all new front lentils $24k in 2020, new garage roof, $6k this year. Two new kitchens 2014, new overhead garage door, 2016. All newer windows. Large apts with two bedrooms, dining room and sunroom. Enclosed back porches, four car brick garage. Two coin washers and dryers in bright laundry. Owner's office with full bath in basement. 2 new water heaters (2017). 3 blocks north of I-290, entrance and exit at 5600 west. Bus stops front of property, two block walk to buses on Central and Laramie.
ALL BRICK STORE AND APARTMENT FOR SALE. THE STORE PORTION IS CURRENTLY SET UP AS A CHURCH AND THE APARTMENT IS 3 BEDROOMS AND 1 BATHROOM. THE BUILDING IS CURRENTLY OCCUPIED BY A SHORT TERM TENANT. FULL BASEMENT AS WELL. THIS IS NOT A BANK SHORT SALE OR FORECLOSURE. GREAT OPPORTUNITY FOR RESTORATION AT THIS PRICE. VACANT AND EASY TO SHOW. PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER SINCE WE ARE SELLING "AS-IS". PLEASE NOTE: 0% TAX PRORATIONS ARE OFFERED, THE SELLER WILL PAY CURRENT AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BILLS. NO SURVEY. FOR FASTER RESPONSE PLEASE USE SELLERS CONTRACT, ADDENDUM AND DISCLOSURES UNDER ADDITIONAL DOCUMENTS.
Investment Opportunity! This 8-unit property is a cash cow, generating $8,457 in monthly gross income. Consisting of four 2-bed, 1-bath units and four 1-bed, 1-bath units, all currently occupied by CHA Section 8 tenants, ensuring a steady, government-backed income stream. Each unit features separate utilities and gas forced air. Well-maintained and situated in a prime location. Don't miss this chance for a reliable investment in a thriving area!
Presenting a rare opportunity to acquire a multi-tenant retail investment property positioned in a strong transit oriented location in the city of Chicago. 5225 W Madison Street contains 20,034 square feet across two buildings and is situated on approximately 0.90 acres. Near the lighted intersection of Madison Street and Laramie Avenue just north of I-290, the center benefits greatly from its position across from Walgreens among several other retailers on one of the city's main thoroughfares. The center is fully occupied by many internet-resistant tenants on long-term leases. Recently anchoring the center, University of Illinois Chicago Outreach Center has just signed a long-term lease at the two-story endcap east building. Differentiated businesses and contrasting rush hours allow for an ideal synergy and mutual benefit across the property. The brick construction building has been beautifully maintained and offers its visitors 54 parking spots in a secure and well-kept rear lot. Madison Street provides street parking and bike lanes as well. This asset is being offered at a 9.25% CAP with tremendous cash flow and continued growth.
NOW LEASING AS WELL! Completely rehabbed retail opportunity in South Austin, minutes from I-290. Truss building, 11 ft. ceilings with fully open floor plan and 50'+ frontage along Madison Street. Newly finished epoxied concrete floors, two brand-new HVAC units on the roof, all major systems are brand new. Perfect for any business and floor plan design. Walls are insulated for custom installation of outlets, fixtures and wall finishes. Metered for single or divided use. Potential to occupy 51% of the space and lease out the rest for SBA loans. Daily traffic count 14,500+ with easy street parking. Handicap accessible restrooms. Targeted growth area with a new senior center and a community center. Perfect for walk-in business, storage or corporate/office space. Convenient location for any business and CTA accessible. Mayor's Invest South/West initiative opportunity zone.
Solid investment in a newer building on busy Cicero Avenue with off-street parking and many build-outs. Fully rented, 7% cap rate,below market rents with upside potential. Building is near CTA El station.
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Beth Kaim 1010 Rohlwing Road, Elk Grove Village, IL 60007 | Phone: (847) 452-1994 | Email: beth@yourpad.com
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