Elmwood Park, 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

2,042 properties

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Updated: Aug 4

11-Unit Mixed-Use Building

2957 N Cicero Avenue, Chicago, IL 60641

$1,250,000

8,200 sqft

11‑unit mixed‑use building with 9 apartments and 2 ground‑floor storefronts
8,200 SF masonry brick building constructed in 1927
Apartment mix includes 4 studios, 1 one‑bedroom, and 4 two‑bedrooms
Two vacant storefronts totaling 3,000 SF
Corner position at Cicero Avenue and Wellington Avenue

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2957 N Cicero Avenue, Chicago, IL 60641

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$113K
Annual
Price @ 7% Cap

$1.62M
Above asking
Property Type

Stores & Apartments
Built 1927

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Updated: Jul 28

Brick Triplex with Gated Parking

1337 S Fairfield Avenue, Chicago, IL 60608

$529,000

0.72 AC lot

Brick construction with three residential units, built in 1889
Two of three units are vacant
Gated parking for three vehicles on a newly poured concrete pad
Roof work completed in 2023
0.72‑acre lot with fully enclosed backyard and green space

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2-Unit Brick Duplex

2924 N 75th Court, Elmwood Park, IL 60707

$645,800

0.25 AC lot

Vacant two-story residence with updated systems, a detached garage, and separate living spaces.

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Six-Unit Greystone Apartment Building

1264 S Saint Louis Avenue, Chicago, IL 60623

$739,000

0.78 AC lot

Turnkey six-unit rental building with all units leased and fixed-term leases in place through 2027.

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Four-Unit Mixed-Use Property

4152 S Western Avenue, Chicago, IL 60609

$775,000

5,600 sqft

Four-story building combining three residential apartments with a vacant first-floor commercial suite.

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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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Renovated Six-Unit Apartment Building

4240 S Calumet Avenue, Chicago, IL 60653

$1,705,000

0.15 AC lot

Masonry property combines duplex residences with in-unit laundry and central air.

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34-Unit Apartment Building

7908 S Ingleside Avenue, Chicago, IL 60619

$1,000,000

0.31 AC lot

Brick construction, central radiator heating, and a mix of one- and two-bedroom apartments define the property.

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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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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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Two-Story Mixed-Use Building

7922 S Pulaski Road, Chicago, IL 60652

$1,100,000

9,000 sqft 0.26 AC lot

Six leased apartments accompany two commercial suites, fenced parking, and on-site laundry.

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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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Legal Three-Flat with Finished Attic

2050 N Kenneth Avenue, Chicago, IL 60639

$625,000

0.10 AC lot

Legal three-flat with a finished attic accessed from the third unit, plus a detached one-car garage and renovated interior.

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Renovated 7-Unit Apartment Building

4934-36 W Jackson Boulevard, Chicago, IL 60644

$975,000

11,040 sqft

Seven renovated apartments feature separate utilities, updated interiors, and individual heating systems prepared for central air conditioning.

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Apartment Building Redevelopment Site

446 N Pine Avenue, Chicago, IL 60644

$675,000

0.29 AC lot

Apartment building redevelopment site on 0.2925 acres, zoned MULTI, with a new roof and gut renovation framing in place.

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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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Historic Church Conversion Apartment Building

1457 N Talman Avenue, Chicago, IL 60622

$950,000

3,000 sqft

Vacant RM-5-zoned shell with architectural plans for an apartment conversion and exterior terraces.

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Brick Quadplex With Storefront

5550 S PULASKI Road, Chicago, IL 60629

$729,900

0.14 AC lot

Mixed-use building with updated apartment kitchens, rear parking, and access to Chicago’s Orange Line station.

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Six-Unit Brick Apartment Building

1449 - 51 W Garfield Boulevard, Chicago, IL 60636

$674,900

8,028 sqft 0.14 AC lot

Legal multifamily asset with six two-bedroom apartments, individual heating systems, tenant-paid utilities, basement, yard, and off-street parking.

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Updated Two-Unit Duplex

5942 W Thorndale Avenue, Chicago, IL 60646

$599,999

0.08 AC lot

City-certified property with remodeled kitchens and baths, a finished basement suite, and a rehabilitated garage.

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Brick Apartment Building

5501 W Quincy Street, Chicago, IL 60644

$649,900

14,000 sqft

Nine-unit brick multifamily property with a two-bedroom and one-bedroom unit mix, offered in its existing condition.

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Four-Unit Quadplex

2040 W Charleston Street, Chicago, IL 60647

$1,200,000

0.05 AC lot

Four full-floor units with in-unit laundry and independently served mechanicals, including HVAC, electrical, and plumbing upgrades.

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Detached Coach House Quadplex

4749 N Dover Street, Chicago, IL 60640

$1,300,000

4,613 sqft

Brick two-flat with a finished walk-out garden unit and detached multi-level coach house, providing four income streams.

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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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Elmwood Park, IL Multifamily Properties Market Trends and Statistics

Explore 2042 multifamily properties for sale in Elmwood Park, IL, showcased through 2042 active listings on our real estate platform. These investment opportunities span a total of 3,349,409 square feet of properties for sale, with an estimated market value of $1,001,070,229.

Sale prices for multifamily properties in Elmwood Park, IL start at $37,500, averaging $768,871, 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

Demographics Overview

Population 41K

Population Growth (5Y) -4.9%

Median Household Income $82,746

College Educated 45.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
60707	$681.3K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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