Multifamily

Chicago, 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
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Mixed-Use Property in Chicago
Updated: Dec 15, 2025
Mixed-Use Property in Chicago

3612 W Roosevelt Road, Chicago, IL 60624

$799,000
9,300 sqft 0.27 AC lot
Large mixed‑use property with 4 addresses on 5 city lots.
Approximately 9,300 sq ft of office and warehouse space.
Two renovated apartment units totaling approximately 2,700 sq ft (3 bed/1 bath and 2 bed/1 bath).
Approx. 2,600 sq ft of land used for loading area and truck parking.
Cold storage space available within the warehouse.
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3612 W Roosevelt Road, Chicago, IL 60624

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Mixed-Use Investment Opportunity, Chicago
Updated: Apr 23
Mixed-Use Investment Opportunity, Chicago

163 W Division Street, Chicago, IL 60610

$3,275,000
1,560 sqft 0.34 AC lot
Portfolio investment opportunity with 5 apartment units and 2 commercial condos.
Located at the intersection of the Gold Coast and Old Town, two highly desirable Chicago submarkets.
Significant ownership percentage in the condominium association, allowing influence over governance.
Dual‑income stream from residential and commercial tenants provides revenue diversification.
Limited development parcels nearby offer durable income and embedded land value.
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Established Banquet Hall with Apartments
Established Banquet Hall with Apartments

6155 W FULLERTON Avenue, Chicago, IL 60639

$1,249,500
6,000 sqft 0.20 AC lot

Banquet hall with apartments for additional income in Chicago.

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Legal 5-Unit Apartment Building
Legal 5-Unit Apartment Building

6044 North Mozart Street, Chicago, IL 60659

$900,000
8,184 sqft 0.19 AC lot

Legal 5-unit building with updated mechanicals, rear laundry addition, and multiple exterior parking options on an extra-wide lot.

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Established Banquet Hall with Apartments
Established Banquet Hall with Apartments

6155 W FULLERTON Avenue, Chicago, IL 60639

$1,249,500
6,000 sqft 0.20 AC lot

Banquet hall with apartments for additional income in Chicago.

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Brick Three-Flat with Central A/C
Brick Three-Flat with Central A/C

1337 S Fairfield Avenue, Chicago, IL 60608

$529,000
0.72 AC lot

Turnkey three-unit brick triplex with in-unit laundry, central A/C, and gated parking for three vehicles.

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Apartment Building with 20 Units
Apartment Building with 20 Units

6751 S Chappel Avenue, Chicago, IL 60649

$1,050,000
0.29 AC lot

20-unit apartment building with one-bedroom, one-bath units built in 1916, sold in AS IS condition.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

6128 North Francisco Avenue, Chicago, IL 60659

$950,000
4,944 sqft

Three-flat building plus garden unit with hardwood floors, coin laundry, detached 3-car garage, and a fenced backyard.

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Turnkey 6-Unit Greystone
Turnkey 6-Unit Greystone

1264 S Saint Louis Avenue, Chicago, IL 60623

$739,000
0.78 AC lot

Turnkey 6-unit greystone with all units leased and recent exterior and unit refreshes.

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Mixed-Use Property with Adjacent Street-Level Businesses
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 Apartment Building
Six-Unit Apartment Building

1509 East 69th Place, Chicago, IL 60637

$799,900
6,250 sqft

Six well-maintained units include five two-bedrooms and one one-bedroom, with in-unit laundry and tenant-paid heat.

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Three-Unit Multifamily with Fenced Yard
Three-Unit Multifamily with Fenced Yard

3311 N Kostner Avenue, Chicago, IL 60641

$574,999
0.07 AC lot

Triplex with a fenced yard and separate electric and gas utilities for each of the three units.

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Recently Rehabbed Two-Flat
Recently Rehabbed Two-Flat

2843 W Fletcher Street, Chicago, IL 60618

$799,900
0.07 AC lot

Fully rented two-flat with updated kitchens, bathrooms, HVAC, windows, roof, and exterior improvements.

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Vintage 13-Unit Brick Walk-Up
Vintage 13-Unit Brick Walk-Up

7914 South Dobson Avenue, Chicago, IL 60619

$1,100,000
9,700 sqft

Thirteen vintage walk-up apartments in a 9,700 SF brick building featuring castle-style masonry details.

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Renovated Three-Unit Income Property
Renovated Three-Unit Income Property

2050 N Kenneth Avenue, Chicago, IL 60639

$625,000
0.10 AC lot

Legal 3-flat with renovated units, updated roofs, and off-street parking plus a detached one-car garage.

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Updated Two-Flat with Private Yard
Updated Two-Flat with Private Yard

5942 W Thorndale Avenue, Chicago, IL 60646

$599,999
0.08 AC lot

City-certified two-flat with remodeled kitchens and baths, a partially finished basement in-law suite, and an updated 2.5-car garage.

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Redevelopment Multifamily Site
Redevelopment Multifamily Site

446 North Pine Avenue, Chicago, IL 60644

$675,000
12,740 sqft

Two PINs totaling a gut-renovated multifamily shell with a new roof and zoning for up to 14 units.

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Brick Four-Flat with In-Unit Laundry
Brick Four-Flat with In-Unit Laundry

2040 W Charleston Street, Chicago, IL 60647

$1,200,000
0.05 AC lot

Four fully occupied full-floor units with in-unit laundry, hardwood floors, and separately served mechanicals.

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Three-Unit Residential Building
Three-Unit Residential Building

1309 S Avers Avenue, Chicago, IL 60623

$750,000
5,115 sqft

New three-unit property offers modern 3-bedroom, 2-bath residences with energy-efficient HVAC and contemporary finishes.

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Multifamily Redevelopment Site
Multifamily Redevelopment Site

446 N Pine Avenue, Chicago, IL 60644

$675,000
0.29 AC lot

Multifamily property on two PINs with a brand-new roof and interior gut renovation, zoned MULTI for up to 14 units.

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Mixed-Use Building with Retail
Mixed-Use Building with Retail

3519 West Montrose Avenue, Chicago, IL 60618

$700,000
5,850 sqft 0.13 AC lot

Brick mixed-use building offers four residential units and two commercial spaces with back alley access and parking for eight.

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Corner Mixed-Use Building with Restaurant/Bar
Corner Mixed-Use Building with Restaurant/Bar

2506 N Clybourn Avenue, Chicago, IL 60614

$1,475,000
0.23 AC lot

Vacant brick corner mixed-use building with a main-level restaurant and bar plus residential units upstairs.

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Brick 5-Unit Multifamily Building
Brick 5-Unit Multifamily Building

3912 W Jackson Boulevard, Chicago, IL 60624

$580,000
6,294 sqft

A brick 5-unit with one vacant unit, gated access, enclosed porches, and a 3-car garage with rooftop deck.

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Renovated 13-Unit Apartment Building
Renovated 13-Unit Apartment Building

4501 W Maypole Avenue, Chicago, IL 60624

$1,449,000
0.14 AC lot

Brick 13-unit building renovated in 2023 with a six two-bedroom and six one-bedroom unit mix plus a seventh one-bedroom unit.

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Chicago, IL Multifamily Properties Market Trends and Statistics

Explore 1895 multifamily properties for sale in Chicago, IL, showcased through 1895 active listings on our real estate platform. These investment opportunities span a total of 3,722,865 square feet of properties for sale, with an estimated market value of $1,083,191,030.

Sale prices for multifamily properties in Chicago, IL start at $37,500, averaging $831,943, and reaching up to $19,250,000 — 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

Apartment buildings 667
Duplexes 659
Triplexes 361
Quadplexes 156
Short term rental properties 25

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
Elmwood Park $503.5K
Chicago $815.1K

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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