Chicago, IL Multifamily Properties for Sale

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Carbondale, IL West Chicago, IL Cicero, IL Oak Park, IL Berwyn, IL River Forest, IL Forest Park, IL Evanston, IL

1,746 properties

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Updated: Sep 8

Five-Unit Apartment Building with Elevator

3967 S Drexel Boulevard, Chicago, IL 60653

$2,150,000

0.20 AC lot

Five full‑floor apartment residences with 3‑4 bedrooms and 2‑3 bathrooms each
Elevator access opens directly into private foyers in most apartments
Nine‑car garage, including 2 tandem spaces
0.2009‑acre site with 70 feet of frontage
Irrigated botanical gardens with specimen trees and shrubs

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Updated: Sep 12

Duplex with Multiple Garages

2924 N 75th Court, Elmwood Park, IL 60707

$599,000

0.25 AC lot

Two‑unit property with three‑bedroom and two‑bedroom residences
0.25‑acre parcel in Elmwood Park, IL
First‑floor unit includes refinished hardwood floors and updated heating and A/C
Lower level includes two egress windows, updated plumbing, and laundry
Newer two‑car garage with high ceilings and radiant floor heat

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Four-Unit Mixed-Use Property

5550 S PULASKI Road, Chicago, IL 60629

$689,900

0.14 AC lot

Brick building combines three updated apartments with a leased storefront and rear parking.

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Mixed-Use Building with Two Commercial Spaces

5256 W Irving Park Rd, Chicago, IL 60641

$1,350,000

9,472 sqft

Residential units and commercial suites share a corner-lot building with full basements and a recently completed tear-off roof.

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Six-Unit Apartment Building

7441 N Rogers Avenue, Chicago, IL 60626

$1,625,000

0.15 AC lot

2020 masonry construction offers central air, in-unit laundry, stainless steel appliances, and dedicated resident parking.

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6-Unit Mixed-Use Building

6431 N California Avenue, Chicago, IL 60645

$1,250,000

0.14 AC lot

Updated brick property combines remodeled apartments, street-level commercial space, unfinished basements, and garage parking.

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Duplex with Two-Car Garage

1936 N Tripp Avenue, Chicago, IL 60639

$599,000

0.49 AC lot

Two spacious units offer private entrances, separate living areas, and substantial storage across the property.

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Six-Unit Mixed-Use Apartment Building

6431 N California Avenue, Chicago, IL 60645

$1,250,000

9,691 sqft

Updated apartments, two occupied commercial suites, unfinished basements, and five garage spaces support varied income-producing uses.

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Updated Two-Flat Duplex

5942 W Thorndale Avenue, Chicago, IL 60646

$575,000

0.08 AC lot

Flexible two-unit property with remodeled interiors, basement living space, and a rehabbed garage.

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Renovated Mixed-Use Brick Building

965 W 18th Street, Chicago, IL 60608

$1,425,000

0.06 AC lot

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

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11-Unit Renovated Apartment Building

1334 W 18th Place, Chicago, IL 60608

$2,575,000

7,235 sqft

Renovated masonry apartments feature in-unit laundry, central A/C, and individual gas forced-air furnaces.

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Brick Quadplex with Garage

1656 E 84th Street, Chicago, IL 60617

$545,000

0.10 AC lot

Occupied four-unit property with updated interiors, separate utility billing, and additional garage and storage income sources.

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Updated Mixed-Use Building

6431 N California Avenue, Chicago, IL 60645

$1,250,000

0.14 AC lot

Brick mixed-use property with residential apartments, commercial storefronts, basements, and garage parking.

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Renovated 5-Unit Mixed-Use Building

965 W 18th Street, Chicago, IL 60608

$1,425,000

6,025 sqft

Masonry property combines updated apartments with three finished commercial spaces along a Chicago retail corridor.

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Updated Two-Unit Duplex

5631 N Parkside Avenue, Chicago, IL 60646

$655,000

0.08 AC lot

Two updated residences with private laundry, a fenced backyard, and additional basement living space.

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Renovated Mixed-Use Building

965 W 18th Street, Chicago, IL 60608

$1,425,000

0.06 AC lot

Gut-renovated masonry construction combines residential apartments with three built-out commercial units.

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4-Unit Mixed-Use Property

5550 S Pulaski Rd, Chicago, IL 60629

$699,900

5,698 sqft

Multi-unit building combining three apartments with a storefront and rear parking.

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Greystone Duplex with Garden Studio

4448 N Tripp Avenue, Chicago, IL 60630

$1,150,000

0.09 AC lot

Historic stone construction offers two primary residences, a lower-level studio, and fenced outdoor space.

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6-Unit Brick Apartment Building

7441 N Rogers Avenue, Chicago, IL 60626

$1,625,000

5,017 sqft

Fully occupied masonry property with in-unit laundry, central heating and air conditioning, and dedicated resident parking.

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Brick Multifamily Building with Garage

2328 N Lawndale Avenue, Chicago, IL 60647

$739,000

0.08 AC lot

Three-level brick multifamily property with separate utility systems, a rear yard, and detached garage parking.

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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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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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Brick 4-Unit Apartment Building

1433 W Superior Street, Chicago, IL 60642

$999,999

0.07 AC lot

Four occupied apartments offer a residential income property with flexible month-to-month tenancy and separately metered utility responsibility.

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Chicago, IL Multifamily Properties Market Trends and Statistics

Explore 1746 multifamily properties for sale in Chicago, IL, showcased through 1746 active listings on our real estate platform. These investment opportunities span a total of 2,892,497 square feet of properties for sale, with an estimated market value of $1,190,392,751.

Sale prices for multifamily properties in Chicago, IL start at $45,000, averaging $781,097, 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 2.91M

Population Growth (5Y) +0.6%

Median Household Income $76,477

College Educated 44.3%

High-Yield Neighborhoods for Investment

Identify Chicago submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Riverdale - 60827	$280K
Chicago - 60601	$833.1K
Elmwood Park - 60707	$924.5K

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 Chicago fall within the 10,000+ square foot range.

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