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    Chicago, IL Residential Income 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
    2,105 properties
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    11-Unit Mixed-Use Building
    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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    This listing looks promising.

    Here's a quick look at some key insights for

    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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    Brick Duplex with Two-Car Garage
    Updated: Aug 20
    Brick Duplex with Two-Car Garage

    2924 N 75th Court, Elmwood Park, IL 60707

    $630,800
    0.25 AC lot
    Two‑unit residential property on a 0.25‑acre lot
    First‑floor unit includes 3 bedrooms, sunroom, and combined living/dining room
    Second‑floor unit offers 2 bedrooms and balcony access
    Lower level features 2 egress windows, high ceilings, laundry, and updated plumbing and drainage
    Detached two‑car barn garage with high ceiling and adjacent patio
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    Three-Unit Mixed-Use Brick Building
    Three-Unit Mixed-Use Brick Building

    4351 N Western Avenue, Chicago, IL 60618

    $889,500
    0.06 AC lot

    Remodeled commercial property combines a storefront with two upper-level apartments in a brick building.

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    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    1838 W 65th Street, Chicago, IL 60636

    $575,000
    0.10 AC lot

    Corner property with two three-bedroom homes and four two-bedroom homes, each with one bath and recent interior modernization.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Building with Parking
    Mixed-Use Building with Parking

    3034 W Montrose Avenue, Chicago, IL 60618

    $1,429,000
    6,500 sqft 0.26 AC lot

    Corner property combines storefront leasing, residential units, and secured rear parking in a walkable retail setting.

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    Renovated 3-Unit Property
    Renovated 3-Unit Property

    2050 N Kenneth Avenue, Chicago, IL 60639

    $599,900
    0.10 AC lot

    Legal three-flat with updated interiors, MULTI zoning, and dedicated off-street parking improvements.

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    Renovated Apartment Building with Gated Parking
    Renovated Apartment Building with Gated Parking

    4240 S Calumet Avenue, Chicago, IL 60653

    $1,705,000
    0.15 AC lot

    Masonry multifamily property with duplex residences, in-unit laundry, individual HVAC, and landscaped common grounds near the Green Line.

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    Six-Unit Greystone Apartment Building
    Six-Unit Greystone Apartment Building

    1264 S Saint Louis Avenue, Chicago, IL 60623

    $739,000
    0.78 AC lot

    Fully leased multifamily property with updated major components, refreshed interiors, and building-wide CHA/Section 8 approval.

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    9-Unit Apartment Building with Storefront
    9-Unit Apartment Building with Storefront

    2701 S Saint Louis Avenue, Chicago, IL 60623

    $995,000
    7,950 sqft

    Fully occupied multifamily property with updated units, garages, a finished basement, and an adjacent side lot.

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    20-Unit Apartment Building
    20-Unit Apartment Building

    6751 S Chappel Avenue, Chicago, IL 60649

    $1,050,000
    0.29 AC lot

    Multifamily property with one-bedroom residences, MULTI zoning, and access to lakefront amenities and public transportation.

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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 Greystone Apartment Building
    Six-Unit Greystone Apartment Building

    736 N Spaulding Avenue, Chicago, IL 60624

    $650,000
    4,956 sqft

    Three-story masonry property with in-unit laundry, separate utility metering, and a fenced rear yard.

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    24-Unit Apartment Building
    24-Unit Apartment Building

    9110 S Dauphin Avenue, Chicago, IL 60619

    $1,600,000
    0.25 AC lot

    Apartment property offers one-, two-, and three-bedroom floor plans with occupied and renovated units.

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    34-Unit Brick Apartment Building
    34-Unit Brick Apartment Building

    7908 S Ingleside Avenue, Chicago, IL 60619

    $1,000,000
    0.31 AC lot

    Built in 1926 with central radiator heating and one- and two-bedroom units.

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

    6044 N Mozart Street, Chicago, IL 60659

    $900,000
    6,381 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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    Rehabilitated Two-Flat Duplex
    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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    Five-Unit Mixed-Use Building
    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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    Fully Leased Four-Unit Property
    Fully Leased Four-Unit Property

    2040 W Charleston Street, Chicago, IL 60647

    $1,200,000
    0.05 AC lot

    Each residence offers two bedrooms, one bath, hardwood floors, and in-unit laundry.

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    Renovated Six-Unit Apartment Building
    Renovated Six-Unit Apartment Building

    1510 E 73rd Street, Chicago, IL 60619

    $950,000
    8,000 sqft

    Updated residential units feature refreshed kitchens and baths, coin-operated laundry, and a brick garage.

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    Four-Unit Brick Quadplex
    Four-Unit Brick Quadplex

    6418 S VERNON Avenue, Chicago, IL 60637

    $1,399,000
    0.09 AC lot

    Brick multifamily property with in-unit laundry, garage parking, and additional spaces along the alley and side drive.

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    Duplex-Down Residential Income Property
    Duplex-Down Residential Income Property

    3233 N Racine Avenue Unit: 1, Chicago, IL 60657

    $835,000
    2,300 sqft

    Well-maintained home with remodeled finishes, private outdoor areas, garage parking, and extensive storage throughout.

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    Triplex with Updated Kitchens
    Triplex with Updated Kitchens

    3311 N Kostner Avenue, Chicago, IL 60641

    $574,999
    0.07 AC lot

    Three-unit configuration with separate utilities, updated kitchens, hardwood and laminate flooring, and a fenced yard.

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    Three-Level Residential Income Property
    Three-Level Residential Income Property

    2140 W Rice Street Unit: 2E, Chicago, IL 60622

    $1,049,900
    2,500 sqft

    Brick duplex-up residence with three bedrooms, private outdoor areas, high-end finishes, and one garage parking space.

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    Mixed-Use Building with Coach House
    Mixed-Use Building with Coach House

    3243 N Western Avenue, Chicago, IL 60618

    $750,000
    0.06 AC lot

    Three-unit property combines commercial space with two residential dwellings.

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    Chicago, IL Residential Income Properties Market Trends and Statistics

    Explore 2105 residential income properties for sale in Chicago, IL, showcased through 2105 active listings on our real estate platform. These investment opportunities span a total of 4,598,737 square feet of properties for sale, with an estimated market value of $1,170,603,020.

    Sale prices for residential income properties in Chicago, IL start at $37,500, averaging $764,101, 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

    Multifamily properties 2113
    Apartment buildings 729
    Duplexes 704
    Triplexes 346
    Quadplexes 155

    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 - 60707 $503.5K
    Chicago - 60601 $809.8K

    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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    Most Searched ZIP Codes in Chicago, IL

    • 60619
    • 60623
    • 60637
    • 60624
    • 60649
    • 60621
    • 60647
    • 60618
    • 60609
    • 60620
    • 60639
    • 60644

    Featured Chicago Real Estate Agencies

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

    Chicago Real Estate Resources
    932 W. Grace Street Chicago, IL 60613
    Phone: 17733279300
    www.crer.com
    Dream Town Realty
    1950 North Sedgwick Chicago, IL 60614
    Phone: 13122658000
    www.dreamtown.com
    American International Realty Corp.
    6138 N.Lincoln Ave. Chicago, IL 60659
    Phone: 17735099493
    www.airealtyco.com

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