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Illinois Multifamily Properties for Sale

2,203 results
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North Lawndale Three-Flat Investment Opportunity
$489,000

North Lawndale Three-Flat Investment Opportunity

1632 S Saint Louis Ave, Chicago, IL 60623

Three-unit building in North Lawndale with long-term tenants.

  • Solid brick 3‑flat built in 2009.
  • Each unit features 3 bedrooms and 2 bathrooms.
  • Currently rented by long‑term Section 8 tenants.
  • In‑unit laundry hookups available.
  • Newer central air units.
Updated: Jan 12
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Chicago Two-Unit with Finished Basement
$994,900
0.08 Acres

Chicago Two-Unit with Finished Basement

3847 N Spaulding Ave, Chicago, IL 60618

Completely renovated two-unit property with a finished basement in Chicago.

  • Completely renovated 2‑unit property with a 3rd unit in the finished basement, featuring all‑new electrical, plumbing, kitchens, and bathrooms.
  • Prime location in the highly coveted Irving Park neighborhood, directly across from Chicago International Charter School - Irving Park, and close to transportation (90/94 expressway and Blue Line).
  • First‑floor duplex offers a rare 4‑bedroom, 2‑bath layout with a spacious primary suite and walk‑in closet.
  • Fully finished, heated, and air‑conditioned 2.5‑car garage, suitable for storage, a workshop, or versatile use.
  • Second‑floor unit features an open‑concept design with quartz finishes, rich hardwood floors, and in‑unit laundry (also in the duplex unit).
Updated: Jan 12
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South Shore Four-Unit Building
$129,000

South Shore Four-Unit Building

Four-unit building in Chicago's South Shore neighborhood, needs work.

8414 S Buffalo Ave, Chicago, IL 60617
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Humboldt Park Duplex Down
$989,000

Humboldt Park Duplex Down

Newer construction duplex down with luxurious finishes and income potential.

1336 N Hamlin Ave, Chicago, IL 60651
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Mixed-Use Building in North Center
$889,500
0.06 Acres

Mixed-Use Building in North Center

Mixed-use building in North Center/Lincoln Square with storefront and apartments.

4351 N Western Ave, Chicago, IL 60618
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Brick Two-Flat in Chicago
$210,000

Brick Two-Flat in Chicago

Solid brick two-flat property, sold as-is, drive-by only.

803 S Kolmar Ave, Chicago, IL 60624
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Lincoln Square Two-Flat Residence
$1,175,000

Lincoln Square Two-Flat Residence

Stately Chicago two-flat with updated residences in Lincoln Square.

2700 W Carmen Ave, Chicago, IL 60625
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Woodlawn 2-Flat Renovation Opportunity
$299,000

Woodlawn 2-Flat Renovation Opportunity

Classic 2-flat brick building in Woodlawn, Chicago, needing full renovation.

6351 S Drexel Ave, Chicago, IL 60637
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New Multifamily Property in Ottawa
$640,000
0.68 Acres

New Multifamily Property in Ottawa

Four-unit multifamily property built in 2023, near downtown Ottawa.

201 24Th Ave, Ottawa, IL 61350
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Turnkey 4-Unit Building, Chicago
$1,019,000
0.07 Acres

Turnkey 4-Unit Building, Chicago

Legal 4-unit building in an amazing Chicago location.

3323 W Potomac Ave, Chicago, IL 60651
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Garfield Park Multifamily Investment Opportunity
$509,900

Garfield Park Multifamily Investment Opportunity

Legal 3-unit plus garden unit near Downtown Chicago.

3852 W Gladys Ave, Chicago, IL 60624
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Washington Park Four-Unit Investment Opportunity
$1,045,000

Washington Park Four-Unit Investment Opportunity

Four-unit property in east Washington Park with modern improvements.

5331 S Calumet Ave, Chicago, IL 60615
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Hyde Park Investment Opportunity
$449,000
0.09 Acres

Hyde Park Investment Opportunity

Two-unit building near University of Chicago and future cancer center.

5239 S Ingleside Ave, Chicago, IL 60615
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Income-Producing Triplex in Chicago
$400,000
0.07 Acres

Income-Producing Triplex in Chicago

Fully rented, move-in ready triplex with strong rental income.

4910 W Walton St, Chicago, IL 60651
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Chicago Multifamily Rehab Opportunity
$59,950

Chicago Multifamily Rehab Opportunity

Two-unit property in Chicago requiring full rehabilitation.

8419 S Muskegon Ave, Chicago, IL 60617
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Gold Coast Multifamily Opportunity
$2,250,000
0.06 Acres

Gold Coast Multifamily Opportunity

Classic limestone structure in outstanding Gold Coast location.

1436 N Astor St, Chicago, IL 60610
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Greystone in Chicago Opportunity Zone
$299,000

Greystone in Chicago Opportunity Zone

Classic Greystone in North Lawndale's redevelopment epicenter.

1342 S Fairfield Ave, Chicago, IL 60608
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Chicago Heights Two-Flat For Sale
$46,000

Chicago Heights Two-Flat For Sale

Classic two-flat in Chicago Heights with two units.

1901 Chicago Rd, Chicago Heights, IL 60411
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Two-Flat Near Stony Island Avenue
$259,900

Two-Flat Near Stony Island Avenue

Two-unit building near Stony Island Avenue with hardwood floors.

7713 S Cornell Ave, Chicago, IL 60649
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Berwyn Multi-Unit Investment Opportunity
$449,900

Berwyn Multi-Unit Investment Opportunity

Fully functional multi-unit in prime Berwyn location, ready for tenants.

3636 Oak Park Ave, Berwyn, IL 60402
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Remodeled Three-Unit Building, Logan Square
$995,000
0.25 Acres

Remodeled Three-Unit Building, Logan Square

Fully remodeled three-unit building in vibrant Logan Square neighborhood.

2015 N Bingham St, Chicago, IL 60647
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Aurora, IL Residential Income Property
Pending
$285,000
0.20 Acres

Aurora, IL Residential Income Property

Duplex in West Aurora with strong rental potential.

310-312 Prairie St, Aurora, IL 60506
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Chicago Two-Unit Building For Sale
$349,999

Chicago Two-Unit Building For Sale

Two-unit building with nine bedrooms and three bathrooms in Chicago.

6319 S Troy St, Chicago, IL 60629
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Turnkey Multifamily Building in Rockford
$2,500,000
1.82 Acres

Turnkey Multifamily Building in Rockford

Fully occupied 24-unit building with updated features and growth potential.

4115 Harrison Ave, Rockford, IL 61108
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Illinois Multifamily Properties Investment Opportunities Market Analysis

Explore 5000+ multifamily properties for sale in Illinois, showcased through 2203 active listings on our real estate platform. These investment opportunities span a total of 58,444,874,437 square feet of properties for sale, with an estimated market value of $38,283,409,973.

Prices for multifamily properties in Illinois start at $30,000, averaging $420,138, and reaching up to $32,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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