Chicago IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1908
Baths:
3.00
MLS#:
12221491

ADDITIONAL INFORMATION

Charming and beautifully updated vintage 2-Flat located on a one-way dead-end street with a park at the end, in a highly desirable neighborhood! The kitchen has been remodeled, and the baths have been updated, blending modern convenience with timeless charm. This property is an ideal investment opportunity for those looking to live in one unit while renting or Airbnbing the other, with a proven Airbnb and rental history. Walking distance to Roscoe Village, Southport Corridor, and Wrigley Field. Offers excellent potential for conversion to a single-family home. The private gated backyard provides a peaceful retreat in the heart of a vibrant area. The second floor spans two levels with vaulted ceilings. Features include hardwood floors, in-unit W/Ds, and ample zoned street parking. Just steps from the CTA Brown Line and perfectly situated for urban convenience and neighborhood charm.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Baths:
2.00
MLS#:
12257950

ADDITIONAL INFORMATION

Situated in the heart of Lakeview, on a truly stunning street renowned for its beautiful homes, this classic two-flat awaits its next chapter. This solid, legal two unit building offers a remarkable opportunity for both homeowners and investors alike. Envision transforming this residence into a stunning single-family home or maintaining its current configuration for rental income. The possibilities are endless. With a spacious layout and a full basement offering additional potential living space, this property provides a blank slate for customization. Located within close proximity to public transportation, parks, and the lakefront, this is a prime location for enjoying all that Chicago has to offer. Sold As-is

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1900
Baths:
4.00
MLS#:
12256911

ADDITIONAL INFORMATION

Welcome to this meticulously maintained, income-generating 3-flat in the heart of Lakeview! This prime property offers a rare blend of vintage charm and modern convenience, ideally located near local shops, restaurants, parks, and public transportation. Located in a sought-after, highly desirable neighborhood with excellent schools and vibrant community spaces. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking a beautiful home with rental income, this 3-flat is a perfect fit. Don't miss the opportunity to own a piece of Lakeview in one of Chicago's most popular neighborhoods! Unit 1: 2-bedroom, 1-bath with original character, hardwood floors, large windows that flood the space with natural light, private balcony. Unit 2: 2-bedroom, 1-bath, with private balcony. Renovated in 2022. Unit 3: 2-bedroom, 1-bath, with private balcony. Renovated in 2023. (Unit 4) Lower Level : Brand new 1-bed, 1-bath non-conforming unit that is currently leased. Courtyard + two-car garage + coin laundry in lower-level

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Baths:
4.00
MLS#:
12216715

ADDITIONAL INFORMATION

Prime Location Roscoe Village 2 Flat + Coach House in Immaculate Condition! Perfect "Live-In" and/or investment property. Recently rehabbed 3br/2ba Coach House with Front Porch could be perfect as eventual owner unit. All 3 units have high ceilings, ample outdoor space & central air. Possibility to duplex up or down in main building. First floor rehabbed in last couple of years and second floor in great shape. Close to EL stop, shopping and all Roscoe Village has to offer.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Year built:
1906
Baths:
5.00
MLS#:
12220064

ADDITIONAL INFORMATION

This multi-family property offers an unbeatable combination of space, location, and investment potential. Whether you're looking for a spacious family home with income-generating possibilities or a pure investment opportunity, this property deserves your serious consideration. Don't miss out on the chance to own a trophy property in one of the most sought-after neighborhoods. Schedule your viewing today and prepare to fall in love with your new home or investment property! Boasting an impressive 3,972 square feet of living space on a 33 x 133 lot, this legal 4-unit property has an annual gross income of $134,460 a year. RM-4.5 zoning potentially allows for expansion opportunities in this prime location. The owner has lovingly restored and maintained the vintage character of this timeless Greystone while making modern updates. With its multiple bedrooms and bathrooms, this multi-family home presents an excellent opportunity for generating rental income and never has a vacancy. The Lakeview area is highly sought-after by young professionals, students, and families alike, ensuring a steady stream of potential tenants. Whether you choose to live in one unit and rent out the others or utilize the entire property as a rental, the possibilities for creating a lucrative income stream are substantial. Unit 1F is a 3-bedroom duplex down with 2 bathrooms currently rented for $4,590. It features 1 bedroom on the main floor with 10-foot ceilings and original woodwork with inlay floors and restored iron glass in the living room. The expansive renovated kitchen features endless quartz counters and built-in pantry and updated bathroom. The lower level has 7'8 foot ceilings and features two additional bedrooms including a large master bedroom with walk in closet. The large, updated bathroom has heated floors and includes in unit laundry. Unit 1R is a 2-bedroom apartment with 1 bathroom and long term tenants currently rented for $1,975. Unit 2F is a 2-bedroom apartment with 1 bathroom with long term tenants currently rented for $1,950. Unit 2R is a 2-bedroom apartment with 1 bathroom and an updated kitchen and bathroom that is currently rented for $2,690. All units have 10-foot ceilings with inlay floors and restored original woodwork. Step outside into the amazing backyard oasis featuring mature greenery and a paver patio with a firepit and multiple seating arrangements. The landlocked lot offers a quaint and private outdoor space that is serene and makes you forget you are in the center of a bustling city. All units are rented until spring/summer 2025 and the seller is willing to consider a lease buyout to allow for an owner-occupied buyer. There is a huge opportunity to increase rents by $700-$800 in two of the units by performing cosmetic updates. Potential expansion opportunity in the basement as over half of it is currently used for utilities and tenant storage rooms and it has a ceiling height of 7'8. Updated plumbing and flood control system installed 3 years ago. Common laundry for the remaining three units is located in the basement and leased out. Each unit has its own gas and electric meter with HVAC and the owner pays for common service which includes one hot water heater for all units. One of the most alluring aspects of this property is its prime location. Situated in the bustling Lakeview neighborhood, residents will find themselves at the epicenter of Chicago's dynamic urban lifestyle. The area is renowned for its eclectic mix of trendy boutiques, diverse dining options, award winning schools, and lively entertainment venues. Whether you're in the mood for a quiet coffee shop or a night out on the town, you'll find it all just steps from your front door. Imagine starting your day with a refreshing jog along the lakefront or enjoying a picnic in one of the many nearby parks. Located just a short stroll away is the Belmont CTA as well as the express buses on LSD. Schedule your showing today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Baths:
5.00
MLS#:
12201297

ADDITIONAL INFORMATION

Located on a 30 ft lot on the best block in the Southport Corridor this is one of the biggest brick 2 flats you will ever see. This fully rented rehabbed building is a CASH MACHINE with almost 10,000 dollars a month income! The top floor offers super wide and long 4 bed with 1 full & 1 1/2 bath unit, with in unit laundry, central air and hardwood floors throughout. The first floor provides a massive 6 bed 3 full and 1 1/2 bath duplex down with in unit Laundry and HVAC. All separate utilities keep owner expenses to a minimum. A 2 car Garage and 1 outdoor space bring in an additional 400/mth

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1910
Baths:
3.00
MLS#:
12205308

ADDITIONAL INFORMATION

Move right into this stunning 2-unit in prime Lakeview! Extensive updating! 2 new HAVC units, New roof, windows, doors, out door irrigation system, tuckpointing, eletrical panels, 2 sets of NEW appliances & W/D. List of updates added in additional documents. Unit one, spacious 1bed, 1bath featuring modern finishes, hardwood floors, open concept kitchen,SS appliances, natural stone countertops makes a great space for existing rental or working from home. The Second floor duplex unit up is filled with a abundance of natural light streaming through the NEW windows and top floor skylights. Enjoy the tranquil open air space, cozy up to the fireplace, and enjoy the gracious primary suite with separate tub and shower. 1890 carriage house garage. 3 beautiful decks overlook the yard space. Full basement for storage. 200amp service, the whole house is wired for sound/audio, and has an integrated security system. Close to, Whole Foods, Starbucks, Red/Purple lines, lakefront, you can enjoy both Southport corridor and Lakeview shops and restaurants. Don't miss your opportunity! Last there is a value add! , the area is in the new ADU (Augmented Dwelling Unit zone). Make add'l income with a build-out.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Year built:
1900
Baths:
6.00
MLS#:
12188936

ADDITIONAL INFORMATION

Stunning Rehabbed Greystone 3-flat + tall basement on a quiet 1-way street steps from Wrigley Field & Halsted! Great investment or perfect for a live-in owner. Exceptional income and 2 of the 3 units have been tastefully rehabbed including 2 newer kitchens with modern, flat-panel & shaker-style cabinets, granite countertops & stainless-steel appliances, and newer baths. ALL 3 UNITS HAVE 3 BEDROOMS, IN-UNIT LAUNDRY, GFA w/ CENTRAL-AIR CONDITIONING & 2 BATHROOMS, Large formal living room & dining rooms with Hardwood Floors throughout. All New Windows in 2011, newer Mechanicals (newer plumbing supply, some new electric, etc) & more! VERY Tall Basement and GENEROUS RM-5 ZONING (FAR = FLOOR AREA RATION OF 2.0) will allow for further income by expanding up (for a large duplex-up apartment) and/or down into the tall basement for a 4th, legal apartment OR combine with the first-floor unit to create a very large duplex-down unit! A unique side & back alley allows for 4 full exterior parking spots (with room to expand for a 5th parking spot) all 4 are currently rented through Spot-Hero with an outstanding annual income of $23K! (each spot averages $479 per month per spot). Excellent location with a short walk to Wrigley Field and steps from all the Wrigleyville & Lakeview amenities on Halsted & Clark including great area restaurants, coffeehouses, shopping, nightlife, parks, lakefront, EL stop, schools & more! - Top Floor/UNIT #3; 3-bed/1.5-bath (can easily add a shower for 2nd full bath) - lease exp 7/31/25 @ $2,990 per month...UNIT #2; 2-bed/2-bath and was just rented @ $3,200 per month ...UNIT #1; 3-bed/2-bath (lease exp 7/31/25 @ $2,670 per month). 4 gas meters and 4 electric panels. ***EXCELLENT TOTAL ANNUAL INCOME of $129,320 minus - $31,354 in total expenses = $97,966 (NOI) TOTAL ANNUAL NET OPERATING INCOME for a Solid 6.1% CAP rate.***Also, investing an additional $120K in creating a legal 4th garden unit which is allowed under the current R5 zoning (existing ceiling height is very tall @ 7'-8") & 5th parking spot brings the CAP rate up to 8%!!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Year built:
1881
Baths:
6.00
MLS#:
12170250

ADDITIONAL INFORMATION

This historic Chicago 3-flat blends classic architectural charm with modern convenience. Situated on a corner lot line with no setbacks, the over 8,000-square-foot building features expansive units and a detached two-car garage accessible via a curb cut on Nelson Street. Enjoy outdoor living with a bluestone patio and two large decks. Formerly a storefront, Unit #1 offers more than 2,000 square feet of living space, featuring soaring 12-foot tin ceilings, 3 bedrooms plus an office, and 1.5 baths. The building's largest and most updated unit, #2-R (the owner's unit) spans the rear portion of the second floor and the entire third level. It includes a living/dining room with plaster ceiling medallion, an eat-in kitchen with newer appliances, a huge family room, an office, a lofted primary suite with ample closets and spa bath, a second bedroom, another full bath, and in-unit laundry. Unit #2-F offers spacious living space, an eat-in kitchen, two bedrooms + an office, and a full bath. The 1,650 sqft unfinished basement provides generous storage and coin laundry. Each unit has newer a/c units and newer water heaters, including a 100-gallon tank for the owner's unit. The roof was a full tear-off in 2005 and has new vents. The garage generates extra income, with tenants paying $250 per space with tandem spots on the outdoor pad ($6k annually). The coin laundry generates an additional $2,400 annually.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1904
Baths:
4.00
MLS#:
12168653

ADDITIONAL INFORMATION

Fantastic investment property in prime Wrigleyville location! This 3 unit building with a non conforming basement unit ($1,400 rent is per mo) all brick building in a highly sought after Lakeview location with historically steady rents and low vacancy. Building features updated units with central air, gas forced heat, newer kitchens and baths, dishwashers, original oak trim/doors and hardwood floors. Each unit has their own laundry allowing for premium rents. Tenants pay their own utilities and the property has exterior parking available for 3 cars. Well maintained property with newer mechanicals makes this the perfect turnkey property for any investor or owner looking for the perfect house hack! Convenient Wrigleyville location puts you in walking distance to restaurants, bars & nightlife, CTA, and the lakefront. Please note neither the owner or broker make any representation of the legality of the garden unit.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Year built:
1893
Baths:
7.00
MLS#:
12167913

ADDITIONAL INFORMATION

Exceptional investment opportunity in heart of ROSCOE VILLAGE. Fully stabilized 4 unit building with high-end condo quality finishes. 2018 new gut rehab, this property offers an absolute turnkey experience. Unit breakdown of (1) three bed/one bath residences with washer/dryer in unit, (1) four bed /two bath duplex down residence(1)3 BED 1.5 bath, with in unit laundry,(1) 2 BED 1 BATH. The units in this luxury boutique building are distinguished by the finishes & details; hardwood floors, in unit laundry, individual central air units/individual furnaces gas forced heat, custom closets, window treatments throughout. Most are all finished with quartz countertops, white shaker ,soft close cabinets, breakfast bar overhang, stainless steel appliances, and custom cabinetry. walk-in showers, dining room /living room combo, new hardwood floors, bathrooms fully tiled. Each unit is unique ,with 2 units in front building and 2 units in coach house with shared garden large enough for everyone to have their own space No work to be done on this building- OWNER IS A LICENSED REAL ESTATE BROKER

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1994
Baths:
7.00
MLS#:
12144840

ADDITIONAL INFORMATION

Turnkey investment opportunity in fantastic Lakeview location! This is a well maintained 3 unit building with a non-conforming garden unit (rented for $2200). Well maintained building features recently updated units with central air/heat, newer kitchens and baths, dishwashers, hardwood floors and large decks. Cathedral ceilings on the 3rd floor. Each unit has its own laundry allowing for premium rents. Tenants responsible for their own utilities and the property has exterior parking available for 6 cars. Opportunity to duplex 1st floor unit down to garden level to create an awesome owner's unit. Please note neither the owner nor broker make any representation of the legality of the garden unit.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Year built:
1912
Baths:
6.00
MLS#:
11993923

ADDITIONAL INFORMATION

Beautiful BRICK 3 unit building (with all units being 3 bed/2 bath!) in the heart of Lakeview! Walking distance to shopping, restaurants, public transportation and even Wrigley Field! Full basement for possible duplexing, 2 car garage, cute yard and on a block with million dollar homes all around! Two of the three units have been updated, the third is occupied and will be vacated for buyer to finish up to their own taste. * Two of the 3 units have central a/c - first floor has window units for buyer to duplex or add central a/c to it etc...

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Chicago Real Estate

The median home value in Chicago, IL is $284,100. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago, IL is $284,100. Approximately 40.54% of Chicago homes are owned, compared to 48.29% rented, while 11.17% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!

Chicago, Illinois 60657 has a population of 2,742,119. Chicago 60657 is less family-centric than the surrounding county with 24.86% 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 60657 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 60657 is 35.1 years.

Chicago Weather

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.

Chicago Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    166
    30-day change

Chicago Schools and Demographics

Education near Chicago, IL

Metric City County
High School Graduates 86.3 87.97
College Degree - 2 year 5.75 6.73
College Degree - 4 year 41.67 40.75
Graduate Degree 12.15 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Agassiz Elementary School PK - 08 501 14.3 60657
Blaine Elementary School PK - 08 891 20.6 60613
Burley Elementary School PK - 08 517 16.4 60657
Disney Elementary Magnet School PK - 08 1,650 19.5 60613
Eberhart Elementary School PK - 08 1,545 19.7 60629
Goudy Technology Academy PK - 08 752 16.4 60640
Greeley Elementary School PK - 08 678 16.2 60613
Hamilton Elementary School PK - 08 418 15.3 60657
Hanson Park Elementary School PK - 08 1,491 16.9 60639
Hawthorne Elementary Scholastic Academy KG - 08 576 16.9 60657
Inter-American Elementary Magnet School PK - 08 652 17.1 60613
JAHN Elementary School PK - 08 335 12.2 60657
Lincoln Elementary School KG - 08 824 17.7 60614
Mayer Elementary School PK - 08 656 16.9 60614
McPherson Elementary School PK - 08 770 13.9 60640
Nettelhorst Elementary School PK - 08 829 18.3 60657
Newberry Elementary Math & Science Academy PK - 08 570 17.5 60614
Ogden Elementary School PK - 05 856 60610
Peck Elementary School PK - 08 1,633 19.6 60629
Sawyer Elementary School KG - 08 1,800 21.9 60632

Middle Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Albany Park Multicultural Elementary School 07 - 08 269 19.2 60625
Castellanos Elementary School 04 - 08 574 18.9 60623
Chicago Talent Development High School 09 - 12 276 25 60612
Evergreen Academy Elementary School 06 - 08 365 15.4 60609
Field Elementary School 04 - 08 342 15.8 60626
Frazier Prep Acad Elementary School PK - 08 439 60624
Hernandez Middle School 06 - 08 942 19.5 60632
KIPP Create Charter School 05 - 07 234 16.7 60644
Madero Middle School 06 - 08 323 17.9 60623
Northwest Middle School 06 - 08 566 16.5 60639
School of Leadership High School 11 - 12 395 13.2 60649
Shields Middle School 05 - 08 706 18.4 60632

High Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Curie Metropolitan High School 09 - 12 3,040 17 60632
Kelly High School 09 - 12 2,152 15.1 60632
Kenwood Academy High School 07 - 12 1,749 17.3 60615
Lake View High School 09 - 12 1,339 15.8 60613
Lane Technical High School 07 - 12 4,057 19.4 60618
Lincoln Park High School 09 - 12 2,261 18.1 60614
Perspectives Charter High School 06 - 12 2,007 15.8 60616
Schurz High School 09 - 12 2,283 16 60641
Taft High School 07 - 12 3,185 17.5 60631
Von Steuben Metro Science High School 09 - 12 1,686 17.8 60625
Young Magnet High School 07 - 12 2,205 19.1 60607
Youth Connections Charter High School 10 - 12 3,906 18.9 60616

Ungraded Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
* Jefferson Alternative High School 07 - 12 273 3.6 60612
* York Alternative High School 09 - 12 254 2.7 60608
Amandla Charter School 05 - 11 325 12.5 60621
Aspira Charter Schools 06 - 12 1,165 15.5 60647
Brunson Math & Sci Specialty Elementary PK - 08 614 20.9 60651
Camelot Safe Academy - Garfield Park 06 - 12 0 60624
Catalyst Charter - Maria ES KG - 12 955 36.7 60629
Chalmers Elementary Specialty School PK - 08 358 14.7 60608
Chicago International Charter School KG - 12 8,347 16.7 60603
Chicago Math & Sci Elementary Charter 06 - 12 606 14.2 60626
Chicago Virtual Charter School KG - 12 675 21.4 60607
Disney II Magnet HS 07 - 10 490 9.4 60618
Excel Academy - Southwest HS 10 - 10 2 60620
Excel Academy - Woodlawn HS 09 - 09 3 0.3 60637
Goode Stem Academy HS 09 - 11 643 16.6 60652
Intrinsic Charter High School 07 - 10 448 20.9 60602
Learn Charter Schools PK - 12 3,031 19.8 60624
Legal Prep Academy High School 09 - 11 249 14.6 60612
Montefiore Special Elementary School 05 - 08 24 2.8 60608
Noble Street Charter Schools 06 - 12 10,195 16.8 60602
Piccolo Elementary Specialty School PK - 08 523 19.8 60651
Reavis Elementary Math & Science Special School PK - 08 242 14.1 60615
Ryder Elementary Math & Science Special School PK - 08 375 14.4 60620
Shabazz International Charter Schls KG - 12 706 20.8 60619
Swift Elementary Specialty School PK - 08 703 16.8 60660
Univ of Chicago Charter Schools PK - 12 1,913 17.5 60637
Uno Academy Charter Schools KG - 12 7,923 19.6 60607

Demographics near Chicago, IL 60657

Metric Zip Code City
Neighborhood Type Inner City
Population 2,742,119 5,265,398
Population Density 12,060 5,572
Median Age 35.1 37.3
People per Household 2.4 2.5
Median Household Income 65,781 72,121
Average Income per Capita 41,821 41,706