The median home value in Chicago, IL is $312,000.
This is
higher than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Chicago, IL is $312,000.
Approximately 40% of Chicago homes are owned,
compared to 48% rented, while
12% are vacant.
Chicago real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Chicago real estate agent to arrange a tour today! Learn more about Chicago.
Prime garage parking space located in Museum Park's 1841 S. Calumet! *Note, only residents/owners of 1841 and 1901 S. Calumet can purchase parking spaces within these buildings.*
In the heart of Bronzeville, this 124 foot deep lot is less than a half block to the Illinois College of Optometry and the future National Museum of Gospel Music, two blocks from Illinois Institute of Technology, 35th St Green line stop, and is close-by to McCormick Place, Insight Hospital , as well as the Dan Ryan and Stevenson Expressways. Zoned RS-3
Located in Armour Square, 3246 S. Wells Street sits on one of the area's most highly sought-after blocks. Just blocks from Guaranteed Rate Field, this R4-zoned lot presents a fantastic opportunity for development or investment in one of Chicago's most established and centrally located neighborhoods. With easy access to major intersections, expressways, and public transportation, getting around the city is effortless. Plus, renowned Armour Square Park is just down the block, offering green space, sports fields, and recreational facilities. Armour Square is known for its historic character, proximity to downtown, and strong sense of community-making this an ideal location for your next project. An unbeatable opportunity in a prime location!
We are thrilled to present an exceptional investment opportunity in Chicago's dynamic Douglas neighborhood, just one block south of the South Loop. This expansive 21,300 sq. ft. corner lot with 163' of frontage on historic State Street is ideally positioned minutes from McCormick Place, Illinois Institute of Technology, and downtown Chicago. With immediate access to I-55, I-94, and Lake Shore Drive, this prime location offers unparalleled potential for development. Although Douglas has seen limited residential expansion, this site presents a rare chance to introduce luxury yet attainable housing in a high-demand market. Imagine 60 upscale apartments renting at $2,000 per month, generating an impressive $120,000 in monthly revenue. With an average cap rate of 7.68% in the 60616 zip code, this translates to a potential valuation of $18,750,000. Zoned C2-3, the property allows for a wide range of commercial uses, including retail, auto-related businesses, liquor stores, and warehouses, while also offering potential for rezoning to accommodate a high-density residential project. State Street has long been a cornerstone of Chicago's history, and this site offers investors the chance to be part of its next evolution. With the South Loop's continued expansion and the demand for high-end residential units on the rise, this property is a rare gem in one of the city's most exciting and rapidly transforming neighborhoods. Don't miss this incredible opportunity-contact us today to learn more!
Secure, premium parking spot on the fourth floor of heated garage. Note, only residents of 1841 and 1901 S. Calumet Ave can purchase parking spaces within these buildings. GU-212 is also available for sale for an additional $32,000.
LOCATION!! 3 LOTS TOGETHER. !! LOCATION!! Zoned B1-3!! 3 vacant lots available in the heart of Chinatown. Total 75x125 is zoned for a mix-used storefront and Condo/apartments (please verify it with the city of Chicago). Great location within Chinatown. Next to thousand of cars travel 90/94 plus 55, downtown, and all major highways. The Chicago White Sox Guaranteed Rate Field is less than one mile and few minutes away.
Seller has relocated and now this rarely available lot has come to the market. This 2304sqft buildable Lot is located in The Gap Historic District of Bronzeville. 48X48 Lot located near the 48-acre mega-development site of the former Michael Reese Hospital, 31st street Harbor, Lake Shore Drive and minutes from Downtown Chicago.
Prime Location Alert!! This vacant lot in the vibrant heart of Bridgeport is an absolute gem! It is zoned B1-2 and offers immense potential for a mix of commercial storefronts and residential apartments (please don't forget to verify the zoning details with the city of Chicago). You'll be thrilled to know that the City of Chicago executed an impressive 3.5 million street-scaping project on Morgan Street between 31st Street and 35th Street back in 2017, enhancing the area's charm and aesthetics. And that's not all! Sports enthusiasts will rejoice as the renowned Chicago White Sox Guaranteed Rate Field is merely a quick 5-minute drive away. This outstanding location also boasts close proximity to Chinatown, downtown, and major highways, making it a truly convenient and desirable spot. Don't miss out on this extraordinary opportunity to establish your dreams in the heart of Bridgeport!
TWO LOTS TOTALING 48 X 101. EACH LOT ZONED FOR RT-4!!. BUILDINGS ON LOT HAS M/M RENTERS THAT PAYING BELOW MARKET RENT. GREAT FOR DEVELOPMENT IN HOT AREA! Includes 1816 S Jefferson.
Listings courtesy of MRED as distributed by MLS GRID
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