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    Chicago, IL Multifamily Properties for Sale

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    Found 1,858 multifamily property listings for sale in Chicago, IL, averaging $214/sq ft. Use valuation data to compare deals faster.
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    32-Unit Brick Apartment Building
    Updated: Nov 4
    32-Unit Brick Apartment Building

    7801 South Shore Drive, Chicago, IL 60649

    $2,895,000
    0.39 AC lot
    32 apartments: 4 studios, 10 1‑bedroom/1‑bathroom, 15 2‑bedroom/1‑bathroom, and 3 3‑bedroom/1‑bathroom units
    Roof, porches, masonry/tuckpointing, and electrical work completed within the last 5–8 years
    Renovated kitchens and bathrooms in every apartment
    Basement laundry and outdoor rear parking for 16–20 cars
    0.3874‑acre site, one‑half block from Rainbow Beach Park and Rainbow Beach
    View details
    Multifamily Property
    Updated: Oct 30
    Multifamily Property

    5414 S Wood St, Chicago, IL 60609

    $198,000
    2,152 sqft 0.08 AC lot
    2,152 square feet of property size
    Six bedrooms and two bathrooms
    0.0824‑acre lot
    Built in 1910
    Offered through an online auction; no showings or site entry permitted
    View details
    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    3034-3042 W Montrose Avenue, Chicago, IL 60618

    North Side
    $1,399,000
    6,500 sqft  0.26 acres  1 building  Built 1921  Multi-tenant
    Highway access + Road access

    Five storefronts and two upper-level apartments combine commercial and residential space at a signalized corner.

    15 parking spaces
    View details
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    4-Unit Apartment Building
    4-Unit Apartment Building

    4440 N Saint Louis Avenue, Chicago, IL 60625

    Albany Park
    $1,100,000
    5,120 sqft  Built 1928

    Four legal apartments are occupied under month-to-month leases, with a two-car garage and shared coin-operated laundry.

    View details
    10-Unit Apartment Building
    10-Unit Apartment Building

    1629-1631 W Estes Avenue, Chicago, IL 60626

    Rogers Park
    $2,225,000
    10 units  2 buildings  Built 1917  0.2 acres
    100% occupied  Transit access

    The property pairs a front apartment building with a separate two-unit coach house and gated parking.

    3 spaces  5 x 2BR/1BA  3 x 1BR/1BA  2 x studio/1BA  Large decks  Beautiful backyard  Basement coin laundry  Remote-controlled gated parking
    View details
    5-Unit Apartment Building with Elevator
    5-Unit Apartment Building with Elevator

    3967 S Drexel Boulevard, Chicago, IL 60653

    Oakland
    $2,150,000
    5 units  1 building  Built 1900  Gothic Greystone  0.2 acres
    6.5% cap rate / $141,525 NOI  Road access

    Full-floor residences include private terraces, with a landscaped garden and garage serving the property.

    Elevator  9 spaces  Formal lobby  Laundry center  Exotic botanical gardens
    View details
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    Mixed-Use Banquet Hall with Apartments
    Mixed-Use Banquet Hall with Apartments

    6155 W FULLERTON Avenue, Chicago, IL 60639

    Belmont Central
    $1,199,500
    Business included  6,000 sqft  0.2 acres  1 building

    The second floor has two apartments above an established event business.

    View details
    10-Unit Apartment Property
    10-Unit Apartment Property

    1629-1631 W Estes Avenue, Chicago, IL 60626

    Rogers Park
    $2,225,000
    10 units  7,908 sqft  2 buildings  Built 1917
    90% occupied  Transit access

    A front apartment building and separate coach house offer a mix of studios, one-bedroom, and two-bedroom layouts.

    5 spaces  4 x 2BR/1BA  4 x 1BR/1BA  2 x studio/1BA  Deck  Backyard  Laundry  Gated parking
    View details
    4-Unit Brick Multifamily Property
    4-Unit Brick Multifamily Property

    4749 N Dover Street, Chicago, IL 60640

    Uptown
    $1,200,000
    4 units  2 buildings  Built 1912  brick  0.14 acres
    Transit access

    Four residences include a detached coach house, a finished garden apartment, and two upper-level apartments.

    2 x 3BR/1BA  1 x 2BR/2BA  1 x 2BR/1BA  Pool  Patio  Pergola  Gardens  Shared laundry
    View details
    Two-Unit Duplex with Garden Apartment
    Two-Unit Duplex with Garden Apartment

    4037 S Ellis Avenue, Chicago, IL 60653

    Oakland
    $649,900
    2 units  1 building  Built 1997 / renov 2011  0.07 acres
    Transit access

    Each residence has its own laundry, dedicated HVAC, and separate utility metering.

    2 spaces  1 x 3BR/2BA  1 x 1BR/1BA  Courtyard  Fireplace  Hardwood floors  Granite countertops  Stainless steel appliances
    View details
    4-Unit Brick Apartment Building
    4-Unit Brick Apartment Building

    3700 S Honore Street, Chicago, IL 60609

    McKinley Park
    $625,000
    4 units  6,000 sqft  1 building  Built 1917  brick
    Road access  Transit access

    Individual heating systems serve each residence, and tenants cover their own heat costs.

    3 spaces  1 x studio  1 x 3BR  1 x 1BR+den  1 x 2BR  Laundry
    View details
    Three-Unit Greystone Building
    Three-Unit Greystone Building

    4448 N Tripp Avenue, Chicago, IL 60630

    Mayfair
    $1,099,000
    3 units  1 building  Built 1910  Greystone  0.09 acres
    Transit access

    Three separate residences offer flexible living arrangements, with kitchens and laundry facilities throughout.

    2 x 2BR/2BA  1 x studio  Landscaping  Fenced backyard  Brick paver patio  Private balcony  Rooftop access  Fireplace
    View details
    Three-Unit Brick Apartment Building
    Three-Unit Brick Apartment Building

    5824 N Ridge Avenue, Chicago, IL 60660

    Edgewater
    $950,000
    3 units  1 building  3-story  Built 1900  brick  0.11 acres
    100% occupied / $69,900 gross income  Transit access  RT4

    Three full-floor residences are complemented by a basement, coin-operated laundry, individual storage lockers, and a detached garage.

    Utilities to site  3 spaces  1 x 2BR/1BA  2 x 3BR/1BA  Coin laundry  Storage lockers
    View details
    Four-Unit Brick Apartment Building
    Four-Unit Brick Apartment Building

    3128 W Warren Boulevard, Chicago, IL 60612

    East Garfield Park
    $749,500
    4 units  5,000 sqft  1 building  4-story  Built 1909  brick  Multi-tenant
    Transit access

    Separate meters, in-unit laundry and individual furnaces serve the residences.

    2 spaces  Washer & dryer in units  Central air  Tankless water heaters  Wood flooring  Granite counter tops  Stone baths  Soaking tub
    View details
    Duplex with Lower-Level Living Space
    Duplex with Lower-Level Living Space

    5856 N Mobile Avenue, Chicago, IL 60646

    North Side
    $654,900
    2 units  3,000 sqft  Built 1920  0.84 acres
    Highway access  Transit access

    The two-flat includes additional related living space on the lower level and public water and sewer service.

    View details
    Duplex with In-Unit Laundry
    Duplex with In-Unit Laundry

    5028 W Lawrence Avenue, Chicago, IL 60630

    Jefferson Park
    $535,000
    2 units  Built 1912  0.07 acres
    Highway access  Transit access

    Both residences have central heating and cooling, with laundry facilities inside each unit.

    4 spaces  2 x 2BR/1BA  In-unit laundry  Central heating and cooling  Shared yard  Privacy fencing  Sliding gates  Step-free access
    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    1634 W Fargo Avenue, Chicago, IL 60626

    Rogers Park
    $1,199,000
    6 units  8,310 sqft  1 building  Built 1915
    100% occupied

    Six occupied apartments feature two bedrooms and a sunroom, with an additional vacant garden-level unit.

    2 spaces  6 x 2BR with sunroom  Coin laundry  Lockable storage closet  Tiled rec area  Secure enclosed yard and patio
    View details
    Brick Triplex with Garage
    Brick Triplex with Garage

    7741 S Yates Boulevard, Chicago, IL 60649

    South Shore
    $585,000
    3 units  1 building  Built 1921  brick  0.09 acres
    Highway access  Transit access

    Shared coin-operated laundry and off-street parking serve the three-unit property.

    3 spaces  Coin-operated laundry  Rear porch  Storage
    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    4819 S Calumet Avenue, Chicago, IL 60615

    Near South Side
    $889,900
    6 units  10,296 sqft  Built 1900

    The Chicago property contains six four-bedroom apartments, with potential to rework layouts and add bathrooms.

    6 x 4BR
    View details
    12-Unit Brick Apartment Buildings
    12-Unit Brick Apartment Buildings

    7839 S Kingston Avenue, Chicago, IL 60649

    South Shore
    $950,000
    12 units  2 buildings  Built 1929  brick  0.17 acres
    10.5% cap rate  GRM 5.0  Transit access

    Two six-unit buildings offer remodeled apartments, rear parking, central air, and a defined multifamily layout.

    9 x 2BR/1BA  3 x 3BR/1BA
    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    1723 W Foster Ave, Chicago, IL 60640

    Ravenswood
    $2,400,000
    12,440 sqft  Built 1923

    Six occupied residences include four standard apartments and two duplexes, with laundry facilities and a four-car garage.

    View details
    Mixed-Use Building with Rooftop Deck
    Mixed-Use Building with Rooftop Deck

    2256 W Grand Avenue, Chicago, IL 60612

    West Town
    $1,000,000
    0.06 acres  1 building  3-story  Built 1912  brick  Multi-tenant

    The vacant property pairs ground-floor commercial space with two full-floor apartments and additional storage.

    Rooftop deck  Backyard  Irrigated raised-bed garden  Lower-level storage
    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    4400 W Jackson Boulevard, Chicago, IL 60624

    West Garfield Park
    $699,900
    6 units  6,161 sqft  1 building  Built 1900 / renov 2019
    Highway access

    Spacious four-bedroom residences include private decks, in-unit laundry, and kitchens with granite countertops and stainless-steel appliances.

    6 x 4BR/1BA  Hardwood/laminate floors  Central heat and window air conditioning  Updated kitchen  Granite countertops  Stainless-steel appliances  In-unit washer/dryer  Outdoor deck
    View details
    23-Unit Apartment Building
    23-Unit Apartment Building

    4952 W Madison Street, Chicago, IL 60644

    $2,450,000
    23 units  Built 1924  0.3 acres  Single tenant

    A master lease with a nonprofit tenant includes annual rent escalations and defined responsibility for utilities and repairs.

    View details
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    Chicago, IL Multifamily Properties Market Trends and Statistics

    Explore 1858 multifamily properties for sale in Chicago, IL, showcased through 1858 active listings on our real estate platform. These investment opportunities span a total of 2,362,144 square feet of properties for sale, with an estimated market value of $1,272,772,332.

    Sale prices for multifamily properties in Chicago, IL start at $45,000, averaging $745,619, 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

    Duplexes 820
    Apartment buildings 454
    Triplexes 366
    Quadplexes 167
    Short term rental properties 18

    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
    Elmwood Park - 60707 $581.6K
    Chicago - 60601 $800.5K

    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.

    How Realmo verifies these figures

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    Browse Multifamily properties for Sale Near Chicago, IL

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    Most Searched ZIP Codes in Chicago, IL

    • 60623
    • 60619
    • 60637
    • 60624
    • 60621
    • 60620
    • 60651
    • 60617
    • 60609
    • 60649
    • 60644
    • 60647

    Featured Chicago Real Estate Agencies

    Realmo connects you with licensed Chicago CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Dream Town Realty
    1950 North Sedgwick Chicago, IL 60614
    Phone: (312) 265-8000
    www.dreamtown.com
    American International Realty Corp.
    6138 N.Lincoln Ave. Chicago, IL 60659
    Phone: (773) 509-9493
    www.airealtyco.com
    Chicago Realty Partners
    345 N. Canal Street, Suite 805 Chicago, IL 60606
    Phone: (312) 575-0100
    www.foreclosureillinois.com
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