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Chicago, IL Apartment Buildings for Sale

457 results
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North Lawndale Multifamily Investment Opportunity
$374,950
0.09 Acres

North Lawndale Multifamily Investment Opportunity

1912 S Harding Ave, Chicago, IL 60623

Well-maintained 2-flat with finished basement in Chicago's North Lawndale.

  • Strong, stable income from tenant‑occupied units (legal 2‑flat + finished basement apartment).
  • Major capital improvements completed: full tear‑off roof (3 years old), new siding, new water heaters, newer furnaces.
  • Each unit features spacious living with 3 bedrooms and 1 full bath.
  • Includes a detached 2‑car garage and fenced yard.
  • Ideally located near public transportation, schools, parks, and everyday conveniences.
Updated: Jan 27
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Chicago Multifamily Investment Opportunity
$430,000
7,140 SF

Chicago Multifamily Investment Opportunity

7304 S Union Ave, Chicago, IL 60621

Six-unit multifamily property with value-add potential in Chicago's South Side.

  • Potential for a 14.48% pro forma cap rate upon stabilization, with NOI growing to approximately $62,246 and projected Year 1 gross scheduled rent increasing to $102,508.
  • Attractive entry point into the Chicago multifamily market at approximately $71,667 per unit and $60 per square foot.
  • Immediate cash flow and strong in‑place returns with a 10.24% in‑place cap rate and a Net Operating Income (NOI) of $44,032.
  • Clear pathway to value enhancement through lease‑up of the remaining 3 vacant units and rent optimization.
  • Balanced unit mix of (3) one‑bedroom / one‑bathroom units and (3) two‑bedroom / one‑bathroom units with large floor plans (averaging 1,075 SF and 1,305 SF respectively) supporting competitive rent growth.
Updated: Jan 27
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Renovated 24-Unit Apartment Building
$2,250,000

Renovated 24-Unit Apartment Building

Solid brick, fully renovated 24-unit apartment building in Chicago.

6555 S King Dr, Chicago, IL 60637
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South Shore Multifamily Investment Opportunity
$2,895,000
0.39 Acres

South Shore Multifamily Investment Opportunity

32-unit building near Lake Michigan and public transportation.

7801 South Shore Dr, Chicago, IL 60649
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Chicago Multifamily Investment Opportunity
$525,000

Chicago Multifamily Investment Opportunity

Multifamily property for sale in Chicago, Illinois.

605 E 80Th St, Chicago, IL 60619
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Chicago Multifamily Property with Parking
$550,000

Chicago Multifamily Property with Parking

Five-unit building with updated systems, in-unit laundry, and parking.

6741-43 S Eberhart Ave, Chicago, IL 60637
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Chicago Multifamily Investment Opportunity
$719,900

Chicago Multifamily Investment Opportunity

12-unit multifamily building in Auburn Gresham, Chicago. Value-add potential.

8743 S Beverly Ave, Chicago, IL 60620
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Six-Unit Multifamily Near University of Chicago
$1,175,000

Six-Unit Multifamily Near University of Chicago

Rare six-unit building near University of Chicago and future Obama Library.

6506 S Ellis Ave, Chicago, IL 60637
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Mixed-Use Property with Restaurant & Apartments
$1,245,500
0.06 Acres

Mixed-Use Property with Restaurant & Apartments

Mixed-use property with restaurant and apartments near university and hospitals.

1517 W Taylor St, Chicago, IL 60607
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Bronzeville Boutique Multifamily Investment Opportunity
$2,538,000
0.18 Acres

Bronzeville Boutique Multifamily Investment Opportunity

Boutique 8-unit residential building near Green Line and Pendleton Park.

4235 S Calumet Ave, Chicago, IL 60653
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South Shore Multi-Family Opportunity
$325,000

South Shore Multi-Family Opportunity

Well-maintained 3-flat building near Lake Shore Drive and Obama Library.

7824 S Ridgeland Ave, Chicago, IL 60649
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Chicago Multifamily Investment Opportunity
$770,000

Chicago Multifamily Investment Opportunity

Legal three-unit building near Obama Presidential Center.

5330 S Wabash Ave, Chicago, IL 60615
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Well-Maintained Multifamily Investment Opportunity
$630,000

Well-Maintained Multifamily Investment Opportunity

Nine-unit building with consistent revenue in a strong rental market.

7918 S Calumet Ave, Chicago, IL 60619
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New Construction Multifamily in Chicago
$1,199,000
0.09 Acres

New Construction Multifamily in Chicago

New construction 3-flat with 3-bedroom units, exceptional design.

4739 S Indiana Ave, Chicago, IL 60615
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Avondale Three-Flat Investment Opportunity
$650,000
0.10 Acres

Avondale Three-Flat Investment Opportunity

All-brick three-flat in Avondale with immediate cash flow potential.

3008 N Davlin Ct, Chicago, IL 60618
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Chicago Multifamily Property for Sale
Contact for pricing
1.10 Acres

Chicago Multifamily Property for Sale

Multifamily property in Chicago, Illinois, available for purchase.

816 W Cullerton St, Chicago, IL 60608
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Edgewater Multifamily Investment Opportunity
$1,150,000

Edgewater Multifamily Investment Opportunity

Renovated three-unit building near Loyola University and Lake Michigan.

1455 W Highland Ave, Chicago, IL 60660
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Hegewisch Multifamily Investment Opportunity
$219,900

Hegewisch Multifamily Investment Opportunity

Value-add multifamily property near Metra station in Chicago's Hegewisch neighborhood.

13513 S Baltimore Ave, Chicago, IL 60633
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Little Village Multifamily Investment Property
$699,000

Little Village Multifamily Investment Property

Five-unit building in Chicago's Little Village, fully occupied and commuter-friendly.

2419 S Albany Ave, Chicago, IL 60623
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Chicago Greystone Multifamily Property
$300,000
0.25 Acres

Chicago Greystone Multifamily Property

Multifamily greystone in North Lawndale, close to transportation.

4014 W 21St St, Chicago, IL 60623
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Avondale Multifamily Luxury Living
$1,999,900

Avondale Multifamily Luxury Living

Upscale Avondale building featuring modern amenities and sustainable design.

3317 N Avers Ave, Chicago, IL 60618
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Meticulously Maintained Greystone in Chicago
$975,000
0.14 Acres

Meticulously Maintained Greystone in Chicago

Three-unit Greystone near University of Chicago, perfect for owner-occupant.

5319 S Maryland Ave, Chicago, IL 60615
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New Construction Humboldt Park 3-Flat
$719,000

New Construction Humboldt Park 3-Flat

New construction 3-flat in Humboldt Park, Chicago.

530 N Lawndale Ave, Chicago, IL 60624
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Chicago Multifamily Investment Opportunity
$550,000
0.15 Acres

Chicago Multifamily Investment Opportunity

Solid 6-unit income property with cash flow and upside.

7928-30 S Indiana Ave, Chicago, IL 60619
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Chicago, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 5000+ apartment buildings for sale in Chicago, IL, showcased through 457 active listings on our real estate platform. These investment opportunities span a total of 279,158,520 square feet of properties for sale, with an estimated market value of $29,709,119,487.

Prices for two-family homes in Chicago, IL start at $50,000, averaging $406,328, and reaching up to $29,090,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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