Chicago, IL Senior Housing / Retirement Homes for sale

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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1 active listing matches your search: Senior Housing for sale in Chicago, IL. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Historic Assisted Living Facility

1301 Northeast Glendale Avenue, Peoria, IL 61603

$999,900

100,810 sqft 5.85 acres Built 1900

A stained-glass cathedral room, elevator, and multiple garage bays are among the property’s existing features.

Cathedral room with original stained glass windows Elevator

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Senior Housing Property with Rotunda

2681 Rte 394, Crete, IL 60417

$2,000,000

A high-rise building and attached rotunda sit on a substantial acreage parcel with asphalt parking.

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Senior Housing Portfolio

1511 N Bigelow St, Peoria, IL 61604

Contact for pricing

Multi-tenant

Highway access

Two Illinois communities offer independent living, with one also licensed for assisted living.

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Historic Retirement Home Complex

2681 Route 394, Crete, IL 60417

$2,000,000

51 acres

Highway access

Historic retirement home property with a high-rise building, attached rotunda, and ample on-site parking.

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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

8764 Archer Avenue, Willow Springs, IL 60480

$895,000

2.06 acres

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.

Retirement homes

5345 University Ave, Chicago, IL 60615

Estimated value: by Request

12,954 sqft 0.22 AC lot

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Featured Chicago Real Estate Agencies

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

Dream Town Realty

1950 North Sedgwick Chicago, IL 60614

Phone: (312) 265-8000

www.dreamtown.com

Chicago Realty Partners

345 N. Canal Street, Suite 805 Chicago, IL 60606

Phone: (312) 575-0100

www.foreclosureillinois.com

American International Realty Corp.

6138 N.Lincoln Ave. Chicago, IL 60659

Phone: (773) 509-9493

Chicago, IL Senior Housing / Retirement Homes for Sale

525 North Austin Boulevard, Chicago, IL 60644