Alsip, IL Multifamily Properties for Sale

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West Chicago, IL Cicero, IL Oak Park, IL David City, NE Berwyn, IL River Forest, IL Forest Park, IL Evanston, IL

2,553 properties

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Updated: Aug 17

Remodeled Mixed-Use Building

3511 S Halsted St, Chicago, IL 60609

$825,000

5,000 sqft

One retail storefront plus 2 residential units
Both residential units offer 2 bedrooms and 1 bathroom
Remodeled in 2019; original construction dates to 1886
100% leased with long‑term tenants in place
COMMR zoning

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3511 S Halsted St, Chicago, IL 60609

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Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$69K
Annual
Price @ 7% Cap

$988K
Above asking
Property Type

Apartments (Generic)
Built 1888

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Updated: Aug 26

Duplex with Two-Car Garage

1936 N Tripp Avenue, Chicago, IL 60639

$599,000

0.49 AC lot

Two three‑bedroom, one‑bathroom units with private front and rear entrances
0.49‑acre double lot with rear patio and backyard
Two‑car garage, side driveway, and additional guest parking
Full walk‑out basement with laundry room, workshop, and storage
Second‑floor unit updated with cabinets, appliances, and flooring

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Brick Duplex with Two-Car Garage

2924 N 75th Court, Elmwood Park, IL 60707

$630,800

0.25 AC lot

Vacant two-unit property with refreshed interiors, updated mechanical systems, and flexible lower-level configuration.

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Renovated Mixed-Use Brick Building

965 W 18th Street, Chicago, IL 60608

$1,475,000

0.06 AC lot

COMMR-zoned property combines updated apartments with built-out commercial suites along a Chicago retail corridor.

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Mixed-Use Property with Residential Units

4445-4447 N Broadway St, Chicago, IL 60640

$1,350,000

5,146 sqft 0.12 AC lot

Two adjacent buildings combine street-level retail, residential apartments, and an occupied restaurant space.

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Three-Unit Mixed-Use Brick Building

4351 N Western Avenue, Chicago, IL 60618

$889,500

0.06 AC lot

Remodeled commercial property combines a storefront with two upper-level apartments in a brick building.

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6-Unit Brick Apartment Building

1838 W 65th Street, Chicago, IL 60636

$575,000

0.10 AC lot

Corner property with two three-bedroom homes and four two-bedroom homes, each with one bath and recent interior modernization.

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Renovated 3-Unit Property

2050 N Kenneth Avenue, Chicago, IL 60639

$599,900

0.10 AC lot

Legal three-flat with updated interiors, MULTI zoning, and dedicated off-street parking improvements.

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Five-Unit Apartment Building

1841 N Hermitage Ave, Chicago, IL 60622

$1,200,000

4,025 sqft

Uniform one-bedroom residences support straightforward multifamily operations near Bucktown shopping, dining, and transit connections.

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Renovated Apartment Building with Gated Parking

4240 S Calumet Avenue, Chicago, IL 60653

$1,705,000

0.15 AC lot

Masonry multifamily property with duplex residences, in-unit laundry, individual HVAC, and landscaped common grounds near the Green Line.

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Six-Unit Greystone Apartment Building

1264 S Saint Louis Avenue, Chicago, IL 60623

$739,000

0.78 AC lot

Fully leased multifamily property with updated major components, refreshed interiors, and building-wide CHA/Section 8 approval.

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9-Unit Apartment Building with Storefront

2701 S Saint Louis Avenue, Chicago, IL 60623

$995,000

7,950 sqft

Fully occupied multifamily property with updated units, garages, a finished basement, and an adjacent side lot.

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20-Unit Apartment Building

6751 S Chappel Avenue, Chicago, IL 60649

$1,050,000

0.29 AC lot

Multifamily property with one-bedroom residences, MULTI zoning, and access to lakefront amenities and public transportation.

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Mixed-Use Property with Adjacent Street-Level Businesses

4445-4447 N Broadway Street, Chicago, IL 60640

$1,350,000

0.12 AC lot

Brick mixed-use property zoned COMMR, offering street-level retail and two residential units plus an adjacent restaurant tenant.

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Six-Unit Greystone Apartment Building

736 N Spaulding Avenue, Chicago, IL 60624

$650,000

4,956 sqft

Three-story masonry property with in-unit laundry, separate utility metering, and a fenced rear yard.

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24-Unit Apartment Building

9110 S Dauphin Avenue, Chicago, IL 60619

$1,600,000

0.25 AC lot

Apartment property offers one-, two-, and three-bedroom floor plans with occupied and renovated units.

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Rehabilitated Two-Flat Duplex

2843 W Fletcher Street, Chicago, IL 60618

$799,900

0.07 AC lot

Fully rented brick duplex with updated kitchens, bathrooms, and core building systems.

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6-Unit Apartment Building

1264 S Saint Louis Ave, Chicago, IL 60623

$739,000

5,900 sqft

Fully leased apartment property with fixed-term agreements extending into 2027.

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Five-Unit Mixed-Use Building

3421 W Armitage Avenue, Chicago, IL 60647

$1,650,000

0.09 AC lot

Updated property combines residential units with a ground-floor commercial space.

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Mixed-Use Building with Retail Space

3034 W Montrose Avenue, Chicago, IL 60618

$1,429,000

6,500 sqft

Corner commercial property combines multiple storefronts with two upper-level residential units.

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Four-Unit Brick Quadplex

6418 S VERNON Avenue, Chicago, IL 60637

$1,399,000

0.09 AC lot

Brick multifamily property with in-unit laundry, garage parking, and additional spaces along the alley and side drive.

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Mixed-Use Building with Commercial Space

5154 W Wolfram St, Chicago, IL 60641

$699,000

8,984 sqft

Two residential units complement commercial space along Laramie Avenue at Diversey Avenue.

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Four-Unit Multifamily Building

2040 W Charleston Street, Chicago, IL 60647

$1,200,000

0.05 AC lot

Full-floor layouts include hardwood floors and in-unit laundry.

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Mixed-Use Building with Coach House

3243 N Western Avenue, Chicago, IL 60618

$750,000

0.06 AC lot

Three-unit property combines commercial space with two residential dwellings.

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Alsip, IL Multifamily Properties Market Trends and Statistics

Explore 2553 multifamily properties for sale in Alsip, IL, showcased through 2553 active listings on our real estate platform. These investment opportunities span a total of 4,015,313 square feet of properties for sale, with an estimated market value of $1,291,219,973.

Sale prices for multifamily properties in Alsip, IL start at $45,000, averaging $801,999, and reaching up to $21,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 22K

Population Growth (5Y) -1.3%

Median Household Income $66,555

College Educated 28.1%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Alsip fall within the 100,000+ square foot range.

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