Residential Income

Franklin Park, IL Residential Income Properties for Sale

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Chicago, IL River Grove, IL Melrose Park, IL
Franklin Park Multi-Unit Building
Updated: May 27
Franklin Park Multi-Unit Building

3034 Houston Street, Franklin Park, IL 60131

$550,000
Fully rented 3‑unit building offers immediate rental income.
Each unit features 2 bedrooms, 1 bathroom, living room, and kitchen.
New kitchens with new countertops and updated bathrooms in all units.
New heater and A/C system installed.
New windows throughout the property.
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New Construction Mixed-Use Building
Updated: Apr 7
New Construction Mixed-Use Building

9600 Franklin Ave, Franklin Park, IL 60131

$38,999,000
8,180 sqft
New construction luxury apartments with high‑end finishes including face ID entry, stainless steel appliances, and quartz countertops.
Convenient location across from Metra station, near major highways and O'Hare Airport.
Extensive amenity package: fitness center, club room, rooftop deck with skyline views, conference room, pet spa, and heated garage parking.
Mixed‑use building with 110 apartments and approximately 8,180 square feet of retail space.
Variety of unit sizes: junior one‑bedroom, one‑bedroom, and two‑bedroom units.
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Franklin Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Duplex with Basement Laundry
Renovated Duplex with Basement Laundry

1310 N 24th Avenue, Melrose Park, IL 60160

$449,900
0.07 AC lot

Two move-in-ready units with 2024 upgrades, plus a basement laundry area and added mechanical improvements.

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Commercial Property with Established Business
Commercial Property with Established Business

9011 Grand Avenue, River Grove, IL 60171

$419,000
0.07 AC lot

Live and work in this River Grove commercial property.

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River Grove Commercial Investment Opportunity
River Grove Commercial Investment Opportunity

8517 W Grand Avenue, River Grove, IL 60171

$375,000
0.30 AC lot

Versatile property with potential for rental units or business operations.

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Renovated Duplex with Basement Space
Renovated Duplex with Basement Space

1310 N 24th Avenue, Melrose Park, IL 60160

$449,900

Move-in ready first and second-floor units with 2024 renovations, plus basement laundry and flexible storage or work area.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Lot in River Forest
Vacant Lot in River Forest

1101 Bonnie Brae Place, River Forest, IL 60305

$1,200,000
0.42 AC lot

Vacant lot suitable for condos or townhomes development.

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Oversized Lot in Chicago
Oversized Lot in Chicago

4106 N MOBILE Avenue, Chicago, IL 60634

$650,000
0.39 AC lot

Exceptional double lot suitable for development or rehabilitation.

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Harwood Heights Corner Lot
Harwood Heights Corner Lot

6420 W Gunnison Street, Harwood Heights, IL 60706

$269,000
0.10 AC lot

Prime corner lot suitable for multi-family or single-family construction.

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Elmhurst Vacant Lot Opportunity
Elmhurst Vacant Lot Opportunity

426 E Harrison Street, Elmhurst, IL 60126

$390,000
0.23 AC lot

Ready-to-build lot in Elmhurst with convenient access to Chicagoland.

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Off-Market Properties in Franklin Park, IL

Consider similar Off-Market properties in Franklin Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

9410 Schiller Blvd
GARDEN APT, COURT APT (5+ UNITS)

9410 Schiller Blvd, Franklin Park, IL 60131-2958

$870,000
Estimated value
0.07 AC lot
View details
9832 Grand Ave
GARDEN APT, COURT APT (5+ UNITS)

9832 Grand Ave, Franklin Park, IL 60131-2639

$755,000
Estimated value
0.06 AC lot
View details
9832 Grand Ave
GARDEN APT, COURT APT (5+ UNITS)

9832 Grand Ave, Franklin Park, IL 60131-2639

$755,000
Estimated value
0.07 AC lot
View details
3049 Scott St
APARTMENT HOUSE (UNDER 5 UNITS)

3049 Scott St, Franklin Park, IL 60131-2584

Value Estimation by Request
2,112 sqft · 0.11 AC lot
View details
9606 Schiller Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

9606 Schiller Blvd, Franklin Park, IL 60131-2969

Value Estimation by Request
2,956 sqft · 0.09 AC lot
View details
10221 Chestnut Ave
GARDEN APT, COURT APT (5+ UNITS)

10221 Chestnut Ave, Franklin Park, IL 60131-2492

$965,000
Estimated value
10,984 sqft · 0.26 AC lot
View details
10151 Chestnut Ave
GARDEN APT, COURT APT (5+ UNITS)

10151 Chestnut Ave, Franklin Park, IL 60131-2484

$3,570,000
Estimated value
0.18 AC lot
View details
10531 Crown Rd
GARDEN APT, COURT APT (5+ UNITS)

10531 Crown Rd, Franklin Park, IL 60131-3712

$775,000
Estimated value
0.25 AC lot
View details
3026 Bright St
APARTMENT HOUSE (UNDER 5 UNITS)

3026 Bright St, Franklin Park, IL 60131-2316

Value Estimation by Request
2,250 sqft · 0.11 AC lot
View details
9817 Schiller Blvd
GARDEN APT, COURT APT (5+ UNITS)

9817 Schiller Blvd, Franklin Park, IL 60131-2660

$1,150,000
Estimated value
0.17 AC lot
View details
3001 Emerson St
GARDEN APT, COURT APT (5+ UNITS)

3001 Emerson St, Franklin Park, IL 60131-2641

$790,000
Estimated value
0.07 AC lot
View details
10549 Crown Rd
GARDEN APT, COURT APT (5+ UNITS)

10549 Crown Rd, Franklin Park, IL 60131-3719

$750,000
Estimated value
0.25 AC lot
View details
3030 Pr St
APARTMENT HOUSE (UNDER 5 UNITS)

3030 Pr St, Franklin Park, IL 60131-2346

Value Estimation by Request
2,856 sqft · 0.11 AC lot
View details
9815 Schiller Blvd
GARDEN APT, COURT APT (5+ UNITS)

9815 Schiller Blvd, Franklin Park, IL 60131-2659

$1,325,000
Estimated value
0.09 AC lot
View details
9813 Schiller Blvd
GARDEN APT, COURT APT (5+ UNITS)

9813 Schiller Blvd, Franklin Park, IL 60131-2658

$1,325,000
Estimated value
0.09 AC lot
View details
10067 Franklin Ave
APARTMENT HOUSE (UNDER 5 UNITS)

10067 Franklin Ave, Franklin Park, IL 60131-1839

Value Estimation by Request
3,588 sqft · 0.08 AC lot
View details
10067 Franklin Ave
APARTMENT HOUSE (UNDER 5 UNITS)

10067 Franklin Ave, Franklin Park, IL 60131-1839

Value Estimation by Request
3,588 sqft · 0.24 AC lot
View details
3026 Ruth St
APARTMENT HOUSE (UNDER 5 UNITS)

3026 Ruth St, Franklin Park, IL 60131-2367

Value Estimation by Request
2,250 sqft · 0.12 AC lot
View details
3026 Houston St
APARTMENT HOUSE (UNDER 5 UNITS)

3026 Houston St, Franklin Park, IL 60131-2469

Value Estimation by Request
2,250 sqft · 0.11 AC lot
View details
9613 Nevada Ave
GARDEN APT, COURT APT (5+ UNITS)

9613 Nevada Ave, Franklin Park, IL 60131-3348

$1,045,000
Estimated value
0.39 AC lot
View details
9462 Schiller Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

9462 Schiller Blvd, Franklin Park, IL 60131-2950

Value Estimation by Request
1,869 sqft · 0.16 AC lot
View details
9520 Franklin Ave
APARTMENT HOUSE (UNDER 5 UNITS)

9520 Franklin Ave, Franklin Park, IL 60131-2741

Value Estimation by Request
4,428 sqft · 0.07 AC lot
View details

Franklin Park, IL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Franklin Park, IL on our real estate platform. These investment opportunities span a total of 8,180 square feet of properties for sale, with an estimated market value of $38,999,000.

Sale prices for residential income properties in Franklin Park, IL start at $38,999,000, averaging $38,999,000, and reaching up to $38,999,000 — 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 3
Apartment buildings 2
Triplexes 1

Demographics Overview

Population 18K
Population Growth (5Y) +0.2%
Median Household Income $76,404
College Educated 22.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60131 $19.8M

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 Franklin Park fall within the 100,000+ square foot range.

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