Senior Housing

Chicago, IL Senior Housing / Retirement Homes for Sale

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Carbondale, IL West Chicago, IL Cicero, IL Oak Park, IL Berwyn, IL River Forest, IL Forest Park, IL Evanston, IL
Senior Housing Apartment Building
Updated: May 9
Senior Housing Apartment Building

525 North Austin Boulevard, Chicago, IL 60644

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6‑story, 57‑unit subsidized senior apartment building constructed in 1930 on 0.34 acres
Unit mix includes 40 studios, 16 1‑bedroom units, and 1 2‑bedroom unit
89% occupied with 19 parking spaces, elevator, and on‑site laundry
All but one unit subsidized through the Chicago Housing Authority (CHA)
Located at 525 N. Austin Boulevard, just over 1 mile north of I‑290
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Chicago, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

Carillon Community Condo For Sale
Carillon Community Condo For Sale

13750 Bristlecone Drive S #208, Plainfield, IL 60544

$170,000
918 sqft

55+ community condo with 1 bedroom and resort-style amenities.

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Bright Condo in 55+ Community
Bright Condo in 55+ Community

4920 W 134th Court #207, Crestwood, IL 60418

$189,000

Spacious 2-bedroom condo with southern exposure in Crestwood, Illinois.

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Updated Condo in 55+ Building
Updated Condo in 55+ Building

6320 Pine Ridge Drive #1B, Tinley Park, IL 60477

$264,000

Move-in ready, updated 2-bedroom, 2-bath condo in Tinley Park.

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53 Acre Development Parcel
53 Acre Development Parcel

Hoffman Estates, IL 60010

Contact for pricing
53.00 AC lot

Rare infill parcel in South Barrington, A+ rated school district.

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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.

Commercial Land with Road Frontage
Commercial Land with Road Frontage

8764 Archer Avenue, Willow Springs, IL 60480

$895,000
2.06 AC lot

VC PD zoning supports community, retail, service, residential, and institutional uses.

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Off-Market Properties in Chicago, IL

Consider similar Off-Market properties in Chicago, 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.

5345 University Ave
Retirement homes

5345 University Ave, Chicago, IL 60615

Estimated value:
No data
12,954 sqft 0.22 AC lot
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Chicago, IL Senior Housing / Retirement Homes Market Trends and Statistics

Explore 2 senior housing / retirement homes for sale in Chicago, IL on our real estate platform.

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Demographics Overview

Population 2.91M
Population Growth (5Y) +0.6%
Median Household Income $76,477
College Educated 44.3%

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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