Illinois Residential income properties for Rent & Lease

Updated: Mar 2

Chicago Multifamily Property For Rent

816 W Cullerton Street, Chicago, IL 60608

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Built in 2024 (New Construction)
Central Air Conditioning

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Updated: Oct 13, 2025

Prime Location on 47th Street

1745 W 47TH Street, Chicago, IL 60609

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Prime location on 47th Street in New City, a high‑traffic area ideal for business.
Flexible main level space suitable for various professional or retail uses.
Spacious 4‑bedroom apartment on the second floor, offering live/work option or rental income.
Includes a 2‑car garage and 2 additional parking spaces.
Full basement provides ample storage space.

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Remodeled 1BR Apartment Rental

2409 W Jarvis Avenue #2W, Chicago, IL 60645

$1,550/Mo

Second-floor 1BR unit faces the front courtyard and includes heat, water, scavenger, and common area maintenance.

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Studio Apartment with Separate Kitchen

3412 W Montrose Avenue #209, Chicago, IL 60618

$1,275/Mo

Large studio with separate kitchen and dining area, located in the back of the building.

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Mobile Home Park and Storage Building

3721 Wollesen Lane, Springfield, IL 62702

$250,000 SF/Yr

1,152 sqft

Mixed-use B-1 property with CPU for a mobile home park, featuring a vacant business building and multiple rental units.

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Pet-Friendly 2BR/2BA Rental Unit

2042 W Irving Park Road #303, Chicago, IL 60618

$3,195/Mo

Newly constructed 2-bedroom, 2-bath unit with in-unit washer/dryer, walk-in closets, and pet-friendly building access.

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Luxury Apartment with City Views

1400 S Michigan Avenue #1709, Chicago, IL 60605

$2,950/Mo

1,027 sqft

South Loop 2-bedroom with amenities, parking, and convenient location.

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Dearborn Tower Apartment with Balcony

1530 S State Street #15Q, Chicago, IL 60605

$2,500/Mo

1,200 sqft

Stylish 1-bedroom apartment with balcony and city views.

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First-Floor Studio Apartment

3153 N Long Avenue #2, Chicago, IL 60641

$1,025/Mo

First-floor studio available with heat included; tenant pays electric and cooking gas, with cats permitted.

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Eastlake Terrace Condo with Lake Access

7639 N Eastlake Terrace #2C, Chicago, IL 60626

$1,900/Mo

834 sqft

Spacious 2-bedroom condo with private beach and lake access.

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Upgraded Apartment with Modern Finishes

241 Deerpath Court #B2, Schaumburg, IL 60193

$2,500/Mo

1,100 sqft

Renovated apartment with modern amenities, garage, and community pool.

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Modern Unit in Old Irving

3709 N Kenneth Avenue #117, Chicago, IL 60641

$1,800/Mo

950 sqft

Modern apartment in upscale neighborhood, near transportation and amenities.

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Spacious Condo with Pond Views

730 N Briar Hill Lane #5, Addison, IL 60101

$1,850/Mo

1,000 sqft

Third-floor condo featuring pond views, updated interiors, and in-unit laundry.

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Studio Apartment with In-Unit Laundry

4700 N Racine Avenue #108, Chicago, IL 60640

$1,095/Mo

Studio features a brand-new kitchen and bath, stainless appliances, and in-unit laundry in a pet-friendly building.

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Loop Apartment with Parking Included

208 W Washington Street #1606, Chicago, IL 60606

$2,500/Mo

1,140 sqft

Two-bedroom apartment in The Loop with indoor parking.

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Spacious Condo with Den/Office

2419 S GOEBBERT Road #210, Arlington Heights, IL 60005

$1,900/Mo

1,200 sqft

Two-bedroom, two-bathroom condo with den/office and private balcony.

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Spacious Condo with Loft near Park

1319 SUGAR Court #1319, Naperville, IL 60563

$2,150/Mo

1,428 sqft

Two-bedroom condo with oversized loft, close to amenities and transportation.

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Downtown Naperville Riverwalk Condo

511 Aurora Avenue #116, Naperville, IL 60540

$1,975/Mo

Updated condo in downtown Naperville with all-inclusive utilities.

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Spacious Condo with City Views

2413 W Madison Street #4, Chicago, IL 60612

$2,700/Mo

1,700 sqft

Three-bed, two-bath condo with balconies, parking, and city views.

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West Loop Condo with Parking

1000 W ADAMS Street #703, Chicago, IL 60607

$3,500/Mo

Renovated condo in West Loop with parking and storage.

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Updated Condo Near O'Hare Blue

5555 N Cumberland Avenue #604, Chicago, IL 60656

$2,500/Mo

1,404 sqft

Two bedroom condo with updated kitchen and included parking.

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West Chicago Townhome Rental

966 Ainsley Drive #966, West, Chicago, IL 60185

$2,200/Mo

Two-story townhome with loft, pond views, and great location.

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Office-Retail Mixed-Use with Attached Garage

1614 SECOND AVE, Rock Island, IL 61201

$7.67 SF/Yr

Office and retail space includes reception, three private offices, two restrooms, plus a 630 SF attached garage.

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Medical District Apartment with Laundry

1412 W Flournoy Street #2, Chicago, IL 60607

$1,900/Mo

Two-bedroom apartment near UIC Medical Center, available October 1st.

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Illinois Residential income properties Market Trends and Statistics

Explore Residential income properties leasing options in Illinois with 59 listings featured on our commercial real estate exchange. The current inventory includes 14,135 square feet of properties with an estimated lease value of $250,262.

Estimated lease rates for Residential income properties in Illinois begin at $18.07 SF/Yr, with an average of $20,855 and extend to $250,000.