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    Chicago, IL Residential Income Properties for Sale

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    Bronzeville Greystone Investment Opportunity
    Updated: May 7
    Bronzeville Greystone Investment Opportunity

    4529 S Vincennes Avenue, Chicago, IL 60653

    $580,000
    5,200 sqft 0.70 AC lot
    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.
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    Chatham 11-Unit Investment Opportunity
    Updated: Mar 25
    Chatham 11-Unit Investment Opportunity

    431 E 79th Street, Chicago, IL 60619

    $725,000
    13,205 sqft 0.16 AC lot
    11‑unit investment property on the 79th Street commercial corridor in Chicago’s Chatham neighborhood
    Brick construction; built in 1926
    Approx. 13,205 SF total improvements
    Current annual gross income of approximately $126,600
    Boiler heat provided by owner; tenants pay their own electricity and cooking gas
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    Mixed-Use Property in Chicago
    Mixed-Use Property in Chicago

    3612 W Roosevelt Road, Chicago, IL 60624

    $799,000
    9,300 sqft 0.27 AC lot

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

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    11-Unit Multifamily Investment
    11-Unit Multifamily Investment

    431 E 79th Street, Chicago, IL 60619

    $725,000
    13,205 sqft 0.16 AC lot

    Chatham multifamily with 11 units and flexible bonus rooms; tenants handle electricity and cooking gas.

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    Mixed-Use Building on High-Traffic Street
    Mixed-Use Building on High-Traffic Street

    601 W 47th Street, Chicago, IL 60609

    $615,000
    5,780 sqft 0.07 AC lot

    Versatile mixed-use building with commercial storefront and residential units.

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    Mixed-Use Investment Opportunity, Chicago
    Mixed-Use Investment Opportunity, Chicago

    163 W Division Street, Chicago, IL 60610

    $3,275,000
    1,560 sqft 0.34 AC lot

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

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    Turnkey Six-Unit Greystone
    Turnkey Six-Unit Greystone

    1264 S Saint Louis Avenue, Chicago, IL 60623

    $739,000
    0.78 AC lot

    Fully leased six-unit building with fixed-term leases into 2027 and updated exterior and interior finishes.

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    Corner Mixed-Use Building with Restaurant
    Corner Mixed-Use Building with Restaurant

    2506 N Clybourn Avenue, Chicago, IL 60614

    $1,475,000
    0.23 AC lot

    Vacant solid-brick mixed-use corner property with a main-level restaurant/bar, residential units, and detached garage.

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    New Construction 3-Unit Residential Building
    New Construction 3-Unit Residential Building

    4130 S calumet Avenue, Chicago, IL 60653

    $1,225,000

    New construction 3-flat with three 3-bedroom, 2-bath units, including covered carport and outdoor deck amenities.

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    Brick 3-Flat with 2-Car Garage
    Brick 3-Flat with 2-Car Garage

    1841 W Superior Street, Chicago, IL 60622

    $969,900

    Solid brick 3-flat with central air and oversized 2-car garage, offering a multi-unit rental setup with one tenant in place.

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    Restored Historic Quadplex Residence
    Restored Historic Quadplex Residence

    4541 S Forrestville Avenue, Chicago, IL 60653

    $1,250,000

    Four renovated luxury apartments inside a 1903 mansion, updated with new utilities, separate meters, and individual HVAC systems.

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    Legal 3-Flat with Parking
    Legal 3-Flat with Parking

    2050 N Kenneth Avenue, Chicago, IL 60639

    $625,000
    0.10 AC lot

    Legal three-flat with renovated interiors, updated roofs, and multiple parking options on a compact Chicago lot.

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    Vacant 3-Flat with Detached Garage
    Vacant 3-Flat with Detached Garage

    327 S Richmond Street, Chicago, IL 60612

    $500,000

    Vacant 3-Flat with three 2-bedroom, 2-bath units, private laundry, and a detached 2.5-car garage with alley access.

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    Mixed-Use Property with Storefronts
    Mixed-Use Property with Storefronts

    5120 W Grand Avenue, Chicago, IL 60639

    $1,900,000
    0.39 AC lot

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

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    Three-Unit Greystone Income Property
    Three-Unit Greystone Income Property

    4736 S Prairie Avenue, Chicago, IL 60615

    $799,000

    Classic Chicago-style triplex with three 3-bedroom, 2-bath units, in-unit washer/dryers, and full basements.

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    Updated Two-Flat with Garden Unit
    Updated Two-Flat with Garden Unit

    3402 W Beach Avenue, Chicago, IL 60651

    $630,000

    Updated two-flat plus finished garden unit with private rear decks, shared laundry, and two rear parking spaces.

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

    6044 N Mozart Street, Chicago, IL 60659

    $998,000
    0.19 AC lot

    Well-maintained legal 5-unit multifamily building with a rear laundry/storage addition, parking, and updated building systems.

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    Multi-Building Mixed-Use Redevelopment Site
    Multi-Building Mixed-Use Redevelopment Site

    2135 W Armitage Avenue, Chicago, IL 60647

    $6,500,000
    0.33 AC lot

    Redevelopment site with six buildings and 144 feet of Armitage Avenue frontage, suited for mixed-use or multifamily conversion.

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

    7441 N Rogers Avenue, Chicago, IL 60626

    $1,690,000
    0.15 AC lot

    Fully occupied brick six-unit building offering large two-bedroom layouts with in-unit laundry and dedicated parking.

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    Turnkey Residential Income Duplex
    Turnkey Residential Income Duplex

    7234 N Hamilton Avenue, Chicago, IL 60645

    $757,000

    Fully rehabbed, rented two-flat with an additional finished lower level and off-street parking for both units.

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    Chicago Multi-Unit Residential Income
    Chicago Multi-Unit Residential Income

    2205 N Melvina Avenue, Chicago, IL 60639

    $659,000

    Well-maintained multi-unit property with separate living and dining areas across three units plus a coach house apartment.

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    Three-Unit New Construction with 3-Car Garage
    Three-Unit New Construction with 3-Car Garage

    4841 S Prairie Avenue, Chicago, IL 60615

    $1,125,000

    Newly built three-unit with 3-bedroom, 2-bath layouts and a 3-car garage, offered turnkey with warranty.

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    Turnkey 4-Unit Multifamily Building
    Turnkey 4-Unit Multifamily Building

    1702 N Campbell Avenue, Chicago, IL 60647

    $1,100,000
    0.07 AC lot

    Turnkey 4-unit multifamily property with potential for additional unit(s) via ADU in an unfinished basement.

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    Three-Unit Residential Income Building
    Three-Unit Residential Income Building

    3311 N Kostner Avenue, Chicago, IL 60641

    $594,999
    0.07 AC lot

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

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    Chicago, IL Residential Income Properties Market Trends and Statistics

    Explore 1177 residential income properties for sale in Chicago, IL, showcased through 1177 active listings on our real estate platform. These investment opportunities span a total of 2,915,209 square feet of properties for sale, with an estimated market value of $493,789,973.

    Sale prices for residential income properties in Chicago, IL start at $71,250, averaging $1,835,650, 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

    Multifamily properties 1225
    Apartment buildings 454
    Duplexes 438
    Triplexes 182
    Quadplexes 84

    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 $434.9K
    Chicago $994.9K

    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
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    • 60649
    • 60637
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    • 60620
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    • 60617
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