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    Chicago, IL Multifamily Properties for Sale

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    Cicero, IL Oak Park, IL Stickney, IL
    1,202 listings
    Bronzeville Greystone Investment Opportunity
    $580,000
    5,200 SF
    Bronzeville Greystone Investment Opportunity

    4529 S Vincennes Avenue, Chicago, IL 60653

    Classic Greystone in historic Bronzeville, an income-producing property.
    • Prime investment opportunity in historic Bronzeville, a high‑demand market.
    • Income‑producing Greystone with four spacious apartments totaling over 5,200 square feet.
    • Separate, newer forced‑air heating systems (less than five years old) in each unit.
    • Convenient location near public transportation, Lake Michigan, South Loop, Downtown Chicago, and the future Obama Presidential Center.
    • Current tenants in place, providing immediate rental income.
    Updated: May 7
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    Corner Development Site in Chicago
    $949,000
    4,055 SF
    Corner Development Site in Chicago

    7455 W Irving Park Road, Chicago, IL 60634

    High-visibility corner lot with development potential in Belmont Heights/Dunning.
    • Prime corner development site (6,250 SF) in a high‑traffic location on Irving Park Road (18,000+ VPD).
    • Flexible C1‑2 zoning allows for retail, office, medical, or mixed‑use development with residential potential.
    • Includes a fully renovated (2024) 4,055 SF structure with a turnkey restaurant and apartment, providing immediate income.
    • Rare 15‑car dedicated side parking lot.
    • Located in a dense, high‑income residential area ($92k+ median HHI) near Harlem‑Irving Plaza (HIP).
    Updated: Apr 14
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    Mixed-Use Property in Chicago
    $799,000
    9,300 SF
    Mixed-Use Property in Chicago

    Mixed-use property with warehouse, office, and residential spaces.

    3612 W Roosevelt Road, Chicago, IL 60624

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    Mixed-Use Building in Irving Park
    $799,000
    5,000 SF
    Mixed-Use Building in Irving Park

    Meticulously maintained mixed-use building with income potential and redevelopment flexibility.

    4369 N Elston Avenue, Chicago, IL 60641

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    Chatham Neighborhood Investment Opportunity
    $725,000
    13,205 SF
    Chatham Neighborhood Investment Opportunity

    11-unit multifamily property on 79th Street in Chicago.

    431 E 79th Street, Chicago, IL 60619

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    Chatham 11-Unit Investment Opportunity
    $725,000
    13,205 SF
    Chatham 11-Unit Investment Opportunity

    Chicago's Chatham neighborhood: 11 units, stable income, upside potential.

    431 E 79th Street, Chicago, IL 60619

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    Logan Square Multi-Unit Brick Building
    $779,000
    1,700 SF
    Logan Square Multi-Unit Brick Building

    Spacious units, renovated basement, separate utilities, great location.

    2328 N Lawndale Avenue, Chicago, IL 60647

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    Mixed-Use Investment Opportunity, Chicago
    $3,275,000
    1,560 SF
    Mixed-Use Investment Opportunity, Chicago

    Portfolio investment in prime Chicago location with mixed-use asset.

    163 W Division Street, Chicago, IL 60610

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    Mixed-Use Building in Garfield Ridge
    $750,000
    4,230 SF
    Mixed-Use Building in Garfield Ridge

    Multi-use building with bar, banquet hall, and apartments.

    5788 S Archer Avenue, Chicago, IL 60638

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    Mixed-Use Investment Opportunity, Chicago
    $1,099,000
    0.22 Acres
    Mixed-Use Investment Opportunity, Chicago

    Fully occupied mixed-use property with high traffic and development potential.

    5620 N Western Avenue, Chicago, IL 60659

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    Contemporary Chicago Multifamily Property
    $799,000
    3,150 SF
    Contemporary Chicago Multifamily Property

    Move-in ready, flexible two-flat in West Loop.

    2832 W WILCOX Street, Chicago, IL 60612

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    Georgian Style Multi-Family Building
    $925,000
    1,300 SF
    Georgian Style Multi-Family Building

    Stunning 3-flat in Hyde Park/Kenwood, updated with modern amenities.

    4836 S Dorchester Avenue, Chicago, IL 60615

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    Spacious Turnkey Multi-Family Building
    $600,000
    4,500 SF
    Spacious Turnkey Multi-Family Building

    Three-unit building with updated features and income potential.

    4520 W Jackson Boulevard, Chicago, IL 60624

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    Mixed-Use Property with Income Potential
    $500,000
    1,100 SF
    Mixed-Use Property with Income Potential

    Mixed-use property with retail and residential units, value-add opportunity.

    8714 S COMMERCIAL Avenue, Chicago, IL 60617

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    Mixed-Use Property with Storefronts
    $1,900,000
    0.39 Acres
    Mixed-Use Property with Storefronts

    Mixed-use building featuring 10 residential apartments and 3 commercial storefronts with recent exterior and unit improvements.

    5120 W Grand Avenue, Chicago, IL 60639

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    Bridgeport Mixed-Use Investment Opportunity
    $820,000
    7,012 SF
    Bridgeport Mixed-Use Investment Opportunity

    Mixed-use property with residential units and commercial storefront in Chicago.

    635-637 W 26th Street, Chicago, IL 60616

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    Masonry Multifamily with Gated Parking
    $1,705,000
    0.15 Acres
    Masonry Multifamily with Gated Parking

    Renovated six-unit multifamily featuring gated parking, individual HVAC, and in-unit washer/dryers for resident convenience.

    4240 S Calumet Avenue, Chicago, IL 60653

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    Three-Unit Residential Income Building
    $594,999
    0.07 Acres
    Three-Unit Residential Income Building

    Updated three-unit residential income building with separate utilities and an attic unit configured as a one-bedroom.

    3311 N Kostner Avenue, Chicago, IL 60641

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    New Construction 3-Flat Residence
    $1,225,000
    New Construction 3-Flat Residence

    Turnkey three-unit new construction with modern finishes, multiple outdoor areas, and three-car parking on a multi-zoned site.

    4130 S calumet Avenue, Chicago, IL 60653

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    Newer Construction Three-Flat
    $1,160,000
    Newer Construction Three-Flat

    Turnkey three-unit building with three bedrooms, two baths per unit and attached 3-car garage for owner or investor use.

    4906 S Saint Lawrence Avenue, Chicago, IL 60615

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    Greystone Multifamily with Tandem Parking
    $1,299,000
    Greystone Multifamily with Tandem Parking

    Well-maintained greystone with three rental units, in-unit laundry, central A/C, and tandem parking for up to six.

    1513 W ADDISON Street, Chicago, IL 60613

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    Two-Flat with Garden Unit
    $699,999
    0.07 Acres
    Two-Flat with Garden Unit

    Well-maintained two-flat with in-unit laundry, three-season rooms, a patio, and a detached two-car garage.

    2846 N Elston Avenue, Chicago, IL 60618

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    Turnkey Two-Unit Duplex
    $775,000
    0.07 Acres
    Turnkey Two-Unit Duplex

    Updated duplex with two renovated residences, deck, in-unit laundry, and a three-car concrete parking pad.

    1831 N California Avenue, Chicago, IL 60647

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    Bronzeville Greystone Three-Unit Building
    $799,000
    Bronzeville Greystone Three-Unit Building

    Classic Chicago three-unit greystone near Green Line and lakefront.

    4736 S Prairie Avenue, Chicago, IL 60615

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    Chicago, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 1202 multifamily properties for sale in Chicago, IL, showcased through 1202 active listings on our real estate platform. These investment opportunities span a total of 2,790,206 square feet of properties for sale, with an estimated market value of $485,109,771.

    Sale prices for multifamily properties in Chicago, IL start at $100,000, averaging $1,980,039, and reaching up to $24,000,000 — 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 522
    Duplexes 385
    Triplexes 167
    Quadplexes 77
    Short term rental properties 17

    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 $470K
    Chicago $1.1M

    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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