Chicago, IL Multifamily Homes & Duplexes for Sale

• 

  

  

  /22

  $389,999

  • 5 Beds
  • 2 Baths

  5726 S Elizabeth St, Chicago, IL 60636

  Discover this completely rehabbed 2-unit brick building in West Englewood. Gutted down to the studs, this property boasts brand new everything-roof, electrical, plumbing, and more! Rest peacefully knowing all city permits were pulled. Unit 1 (Duplex-Down): A spacious 2-bedroom, 1-bath layout with hardwood flooring, elegant wainscoting, and a modern kitchen featuring stainless steel appliances.

  

  Tina Hollins

  Coldwell Banker Realty

  (312) 313-4613

  5726 S Elizabeth St, Chicago, IL 60636
• 

  

  

  /20

  $415,000 Open Sat 11AM - 12PM

  • 6 Beds
  • 3 Baths

  1547 S Kolin Ave, Chicago, IL 60623

  Elevate your investment portfolio with this impressive income generating three unit property in the heart of North Lawndale. Each unit boasts a comfortable layout, featuring two bedrooms and a full bathroom, complemented by modern stainless steel appliances for a touch of sophistication. Notably, two of the units underwent a comprehensive rehabilitation in 2024, showcasing updated kitchens and

  

  Danisha Jones

  Coldwell Banker Realty

  (773) 250-3638

  1547 S Kolin Ave, Chicago, IL 60623
• 

  

  

  /28

  $168,000

  • 7 Beds
  • 3 Baths

  7043 S Yale Ave, Chicago, IL 60621

  Brick 2-Unit with 8 Bedrooms & Expandable Basement Space! If you're ready to boost your portfolio, you don't want to sleep on this cash-flow opportunity! This well-positioned two-flat in the popular Englewood community, offers generous space and excellent rental upside! With 4 spacious bedrooms in each unit, you'll have a total of 8 bedrooms-ideal for maximizing rental income. The partially

  

  Tamika Marks

  Trademarks & Associates

  (312) 313-8205

  7043 S Yale Ave, Chicago, IL 60621
• 

  

  

  /8

  $400,000

  • 6 Beds
  • 2 Baths

  6621 S Marquette Dr, Chicago, IL 60637

  Renovated Two-Unit Greystone in West Woodlawn! This classic Chicago Greystone features two spacious 3 bed, 1 bath units, each updated with hardwood floors, stainless steel appliances, countertops, and modern finishes. Renovated in 2024 before the current tenants moved in. Underground plumbing replaced and updated in 2023 from the building to street. The unfinished basement offers potential for a

  

  Devin Burks

  @properties Christie's International Real Estate

  (312) 815-2038

  6621 S Marquette Dr, Chicago, IL 60637
• 

  

  

  /46

  $350,000

  • 6 Beds
  • 3 Baths

  7305 S Harvard Ave, Chicago, IL 60621

  Don't miss out on this incredible money-maker! This spacious multi-family home is now available-and it won't last long. Nestled in a desirable neighborhood, this property features two generous 3-bedroom units, making it ideal for investors looking for strong rental income or for those seeking a flexible layout for multi-generational living. Sitting proudly on a rare double lot, this home provides

  

  Rafay Qamar

  Real Broker LLC

  (312) 663-8232

  7305 S Harvard Ave, Chicago, IL 60621
• 

  

  /22

  $425,000

  • 7 Beds
  • 2 Baths

  4251 W Jackson Blvd, Chicago, IL 60624

  Welcome to Jackson. This solid brick 2-unit building features two spacious units - perfect for investors or multigenerational living. The first-floor unit offers 3 bedrooms and 1 full bath, currently leased to a reliable tenant. The second-floor unit, previously owner-occupied, boasts 4 bedrooms and 1 full bath with generous living space and natural light. Both units feature separate utilities

  

  Sohe Reyes

  Smart Home Realty

  (312) 681-7489

  4251 W Jackson Blvd, Chicago, IL 60624
• 

  

  /31

  $769,000

  • 11 Beds
  • 5 Baths

  5943 S Indiana Ave, Chicago, IL 60637

  Timeless Greystone 3 flat building is now available for you in RED HOT Washington Park neighborhood of Chicago. As the owner, you have the flexibility of living in the top floor unit while collecting stable market rents from the tenants on first and second floor, or rent the top floor unit and max out your income!!! Hardwood floors THROUGHOUT each unit. First floor unit is a Duplex down and

  

  John Wright

  Keller Williams Premiere Properties

  (312) 997-5039

  5943 S Indiana Ave, Chicago, IL 60637
• 

  

  /17

  $750,000

  • 9 Beds
  • 6 Baths

  450 W 29th St, Chicago, IL 60616

  Solid brick legal 2-unit located in the heart of Bridgeport! This well-maintained masonry home features a finished basement and offers great flexibility for owner-occupants or investors. Each unit has its own spacious layout, and the property includes a washer and dryer on both the second floor and basement levels for added convenience. Perfect for multigenerational living or rental income, this

  

  Cinny Chui

  Century 21 Realty Associates

  (312) 579-0894

  450 W 29th St, Chicago, IL 60616
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  /38

  $429,900

  • 5 Beds
  • 3 Baths

  8030 S Trumbull Ave, Chicago, IL 60652

  Newly Listed! Rare Opportunity in Ashburn Rarely available and impeccably maintained, this solid brick 2-flat with a fully finished basement in-law suite presents an incredible opportunity for both savvy investors and owner-occupants. Located in the heart of a Mobility Area, this property is ideal for maximizing rental income and long-term value. Each unit features a spacious layout with

  

  Shanara Carter

  eXp Realty

  (312) 284-3231

  8030 S Trumbull Ave, Chicago, IL 60652
• 

  

  /9

  $450,000

  • 6 Beds
  • 4 Baths

  3960 S Western Ave, Chicago, IL 60609

  Wow! This property has been upgraded, rehabbed and reimagined creating 4 units of living space. First floor has 2 units( Front 2 bedroom & 1 bathroom) (Back unit is 1 bedroom & 1 bathroom), Second floor has a 2 bedroom & 1 bathroom, lower level is 1 bedroom and 1 bathroom. Units were all gut rehabbed, new kitchens, new bathrooms and hardwood floors. Tons of opportunity to live in a unit

  

  Mary Aloisio

  @properties Christie's International Real Estate

  (312) 462-1703

  3960 S Western Ave, Chicago, IL 60609
• 

  

  /34

  $325,000

  • 4 Beds
  • 2 Baths

  1022 N Leamington Ave, Chicago, IL 60651

  Don't miss this great investment opportunity with this well-maintained and nicely updated 2-flat. The property features separate utilities for each unit, including a high-efficiency furnace and water heater rated at over 90% efficiency. Recent upgrades include modernized plumbing and electrical systems, offering peace of mind and long-term value. With separate heating and hot water systems

  

  Rafay Qamar

  Real Broker LLC

  (312) 313-6870

  1022 N Leamington Ave, Chicago, IL 60651
• 

  

  /43

  $285,000

  • 5 Beds
  • 2 Baths

  7240 S Langley Ave, Chicago, IL 60619

  This exceptional investor property features two units, making it a perfect opportunity for those looking to expand their portfolio. Located in growing neighborhood, the property offers consistent rental income potential with its spacious layout and prime location. Each unit boasts generous living spaces, updated kitchens, and ample natural light, offering tenants a comfortable and attractive

  

  Rafay Qamar

  Real Broker LLC

  (312) 313-0970

  7240 S Langley Ave, Chicago, IL 60619
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  /2

  $549,900

  5612 S King Dr, Chicago, IL 60637

  9+ Cap Rate in Woodlawn Neighborhood across the street from Washington Park and the Park District! Multi Unit building owned by sellers for almost 70 years. Invest in your future! Real estate!

  

  Kimberly Chase-Harding

  Berkshire Hathaway HomeServices Chicago

  (312) 820-9459

  5612 S King Dr, Chicago, IL 60637
• 

  

  /13

  $249,900

  • 6 Beds
  • 2 Baths

  7948 S Union Ave, Chicago, IL 60620

  Discover a fantastic investment opportunity in the heart of the vibrant Auburn Gresham neighborhood, this property offers easy access to local amenities, schools, parks, and public transportation! Whether you're an investor looking for rental income or a homeowner interested in house hacking and living in one unit while renting out the other, this property provides a fantastic opportunity. The

  

  Reginald Patterson

  eXp Realty

  (312) 313-3018

  7948 S Union Ave, Chicago, IL 60620
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  /29

  $509,000

  • 5 Beds
  • 3 Baths

  5443 S Nottingham Ave, Chicago, IL 60638

  DESIREABLE GARFIELD RIDGE. LEGAL 2 UNIT. 3 BEDROOM 1ST FLOOR. 2 BEDROOMS ON 2ND FLOOR. TOTAL 3 BATHROOMS WITH BATHROOM IN BASEMENT. BASEMNT IS FINISHED AND HAS KITCHEN. GREAT FOR FAMILY ENTERTAINMENT OR STORAGE. NEWER GARAGE WITH PARTY DOOR TO FENCED BACKYARD. CLOSE TO SCHOOLS, SHOPPING., TRANSPORTATION, & AIRPORT.HOUSE IS BEING SOLD AS IS BUT HAS GREAT BONES. CALL AND MAKE YOUR APPOINTMENT.

  

  John Wanda

  Century 21 Circle

  (312) 477-2224

  5443 S Nottingham Ave, Chicago, IL 60638
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  /45

  $855,000

  • 6 Beds
  • 4 Baths

  3322 N Kostner Ave, Chicago, IL 60641

  Opportunity awaits with this rare 2-flat plus newly converted coach house, situated on two full lots in the highly desirable Irving Park community of Chicago. The main two-story building features a spacious first-floor unit with 2 bedrooms and 1 bath, ideal for families or rental income. The second-floor unit is duplexed and offers 3 bedrooms and 1.5 baths with a comfortable and functional

  

  Rafay Qamar

  Real Broker LLC

  (312) 313-8736

  3322 N Kostner Ave, Chicago, IL 60641
• 

  

  /19

  $250,000

  • 2 Beds
  • 2 Baths

  13545 S Brandon Ave, Chicago, IL 60633

  Fully Rehabbed. Prime Mixed-Use Opportunity in Hegewisch! Seize this incredible investment opportunity in the heart of Hegewisch, Chicago! This well-maintained mixed-use building features a fully finished restaurant on the ground floor, ready for business, and a spacious 4-bedroom apartment upstairs-perfect for an owner-occupant or rental income. The restaurant space is designed for

  

  Mike Musa

  Keller Williams Preferred Rlty

  (312) 847-4248

  13545 S Brandon Ave, Chicago, IL 60633
• 

  

  /28

  $585,000 Open Sat 1PM - 3PM

  • 4 Beds
  • 2 Baths

  5028 W Lawrence Ave, Chicago, IL 60630

  Welcome to this beautifully renovated 2-unit building in the desirable Jefferson Park/Mayfair neighborhood. Perfect for investors or owner-occupants, this property offers two updated units with thoughtful design and modern finishes. The first-floor unit features 2 bedrooms and 1 bathroom, with a bright and open living area that flows seamlessly into the updated kitchen, complete with sleek

  

  Rafay Qamar

  Real Broker LLC

  (312) 945-0230

  5028 W Lawrence Ave, Chicago, IL 60630
• 

  

  /23

  $470,000

  • 4 Beds
  • 2 Baths

  1009 N Harding Ave, Chicago, IL 60651

  Investors Dream! Beautiful blonde brick building with 2 units and a full basement that blends classic charm with modern luxury! Located in a highly desirable neighborhood, this stunning property has been upgraded, offering two spacious 2bed/1bath units. Fully updated kitchens with sleek stainless steel appliances, custom countertops, cabinetry and gorgeous hardwood flooring spanning throughout.

  

  Rafay Qamar

  Real Broker LLC

  (312) 757-7683

  1009 N Harding Ave, Chicago, IL 60651
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  /48

  $1,625,000

  • 6 Beds
  • 2 Baths

  2732 W Belmont Ave, Chicago, IL 60618

  Incredibly Rare opportunity to own this multifaceted one-of-a-kind property with unmatched potential and versatility offering a fully Stabilized All Brick 2-Unit building updated to modern standards and fully renovated with contemporary condo quality finishes + a Huge 1,800 sqft All Brick original carriage house/garage w/16.5' ceiling height offering extensive/creative use potential + an

  

  Cyrus Seraj

  Compass

  (312) 313-3508

  2732 W Belmont Ave, Chicago, IL 60618
• 

  

  /51

  $650,000

  • 4 Beds
  • 4 Baths

  4854 W Addison St, Chicago, IL 60641

  Multiple Offers Received - Calling for highest and best by Wednesday 7/23 - 12pm cst. Charming Multi-Use Property with Income Potential! Welcome to this one-of-a-kind, income-generating gem in a prime location! Offering just over 4,000 square feet of versatile space, this beautifully maintained property includes one commercial unit and two residential units, making it a rare find for savvy

  

  Rafay Qamar

  Real Broker LLC

  (773) 830-3448

  4854 W Addison St, Chicago, IL 60641
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  /29

  $289,000

  • 6 Beds
  • 2 Baths

  817 W 54th St, Chicago, IL 60609

  Solid Brick Two-Unit Income Property in New City! This well-maintained building features two spacious 3-bedroom units, each offering a bright living room, formal dining room, and full bath. Updated mechanicals and separate heating systems mean tenants pay all utilities-a smart setup for investors or owner-occupants seeking added income. The full open basement currently serves as the laundry and

  

  Tamika Marks

  Trademarks & Associates

  (872) 328-4127

  817 W 54th St, Chicago, IL 60609
• 

  

  /14

  $114,900

  • 5 Beds
  • 2 Baths

  6812 S Hermitage Ave, Chicago, IL 60636

  The property here is a frame 2 flat with plenty of upswing potential. Bring your TLC ideas to this property and make it your own. Great rental potential and walking distance to school. Location, location, location this is the one set your appointment Today as this one is a must see. Bring all offers and the property is sold in "AS IS" condition. My seller has multiple offers and is

  

  Otis Lazich

  Capital Investment Realty Group Inc

  (872) 326-1473

  6812 S Hermitage Ave, Chicago, IL 60636
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  /3

  $100,000

  • 9 Beds
  • 3 Baths

  5427 S Princeton Ave, Chicago, IL 60609

  Excellent investment opportunity in the heart of Back of the Yards! This 3 Unit Building is in need of a full rehab and offers a solid foundation for your next project. City-approved plans and permits are already in place, saving you time and hassle. Great potential to customize and add value. Buyers are encouraged to do their due diligence. Ideal for seasoned investors or rehabbers looking for a

  

  Randy Aucapina

  Smart Home Realty

  (872) 326-8738

  5427 S Princeton Ave, Chicago, IL 60609
• 

  

  /19

  $255,000

  • 6 Beds
  • 3 Baths

  12256 S Union Ave, Chicago, IL 60628

  Don't miss this fantastic two-unit property located in the heart of West Pullman, Chicago-an excellent find for both homeowners and savvy investors. The first-floor unit features a cozy 2-bedroom layout, perfect for individuals or small families. Upstairs, the second unit offers 4 spacious bedrooms, ideal for larger families or multiple tenants. Situated near public transportation and interstate,

  

  James Morris

  JMRI Corp

  (872) 253-7909

  12256 S Union Ave, Chicago, IL 60628
• 

  

  /147

  $499,000

  • 9 Beds
  • 6 Baths

  6331 S Throop St, Chicago, IL 60636

  Well-maintained 4-unit building with all units recently updated. Great opportunity to live in one unit and rent the others, or add to your investment portfolio. Exterior improvements include new windows and some tuckpointing. Each unit features updated kitchens with granite countertops, hardwood floors, new doors and trim, and modern bathrooms with ceramic tile. Freshly painted throughout. A

  

  David Hernandez

  Coldwell Banker Realty

  (773) 570-1041

  6331 S Throop St, Chicago, IL 60636
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  /76

  $12,500,000

  • 22,000 Sq Ft

  3335 N Sheffield Ave, Chicago, IL 60657

  Introducing The Sheffield Collection - a rare trophy acquisition opportunity featuring newly constructed luxury apartment buildings in Chicago's highly sought-after East Lakeview neighborhood. Completed in 2023 and 2024, this best-in-class multifamily portfolio exemplifies the height of modern design, lifestyle appeal, and long-term investment potential. Each building offers a collection of

  

  Cyrus Seraj

  Compass

  (872) 327-4014

  3335 N Sheffield Ave, Chicago, IL 60657
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  /34

  $349,500

  • 8 Beds
  • 3 Baths

  6927 S Hermitage Ave, Chicago, IL 60636

  This Recently Renovated (2020) 2 flat + Garden offers flexibility to the investor that adds this property to their portfolio. With one unit newly vacant and freshly painted - FHA or owner occupied Buyers are welcomed! The two occupied units are current and at or near Market Rates w/ MTM leases. This building has been well maintained to date, all three units feature Condo Quality Finishes, SS

  

  Brandy Bell

  Baird & Warner

  (312) 584-1447

  6927 S Hermitage Ave, Chicago, IL 60636
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  /35

  $390,000

  • 5 Beds
  • 3 Baths

  2814 W 25th Place, Chicago, IL 60623

  Perfect for the savvy Investor! Rehabbed Brick 2 flat! 1st floor offers 3 bedrooms, 1.5 baths, spacious living room and kitchen. Currently rented. The second floor unit offers 2 bedrooms, 1 bath, living room and dining room. The unfinished attic space is ideal for a duplex up for an additional bedroom, living space or storage. Currently rented. New flooring throughout. 2022 and 2023 new

  

  Rafay Qamar

  Real Broker LLC

  (872) 253-7954

  2814 W 25th Place, Chicago, IL 60623
• 

  /2

  $319,000

  • 6 Beds
  • 2 Baths

  3637 S Hermitage Ave, Chicago, IL 60609

  FHA REHAB LOAN, CONVENTIONAL ,CASH

  

  Ernestina Preciado

  RE/MAX 10

  (872) 278-6238

  3637 S Hermitage Ave, Chicago, IL 60609
• 

  

  /14

  $340,000

  • 7 Beds
  • 2 Baths

  2849 S Kolin Ave, Chicago, IL 60623

  2 flat located in the heart of Little Village. 5 minutes from Shopping area, park and restaurants. Roof, Furnace on 1st floor and 2nd floor all installed in 2019 A/C 2020 Water tank on 2nd floor 2024. The attic has one bedroom, and planty of storage,' Only Stove and Refrigerator on first floor stay.

  

  George Medina

  Realty of America

  (773) 570-7360

  2849 S Kolin Ave, Chicago, IL 60623
• 

  

  /16

  $579,900

  • 6 Beds
  • 3 Baths

  2014 N Western Ave, Chicago, IL 60647

  Rare two-flat with in-law unit in prime Chicago location! Situated on B3-2 zoning, this property offers excellent redevelopment potential-whether as a retail storefront with residential units above or other mixed-use possibilities. Property is in need of TLC and is priced accordingly. Home has been professionally appraised and will be sold as-is. Excellent access to I-90/94, the Blue Line, and

  

  Karina Hiselman

  Compass

  (773) 300-4968

  2014 N Western Ave, Chicago, IL 60647
• 

  

  /28

  $429,900

  • 7 Beds
  • 2 Baths

  6932 S Green St, Chicago, IL 60621

  Welcome to this beautifully updated multi-unit property in the heart of Englewood. Fully renovated in 2020, this home features gleaming hardwood floors throughout, updated kitchens, modern baths, and thoughtful finishes that blend comfort with style. Each unit offers spacious layouts filled with natural light, while the unfinished basement is a blank canvas with a roughed-in bathroom, perfect

  

  LaToya Moore

  Baird & Warner

  (312) 605-1908

  6932 S Green St, Chicago, IL 60621
• 

  

  /44

  $789,000

  • 8 Beds
  • 5 Baths

  5706 N Saint Louis Ave, Chicago, IL 60659

  WOW! Rare 3-Flat in North Park! Incredible opportunity to own a solid, income-producing property in one of Chicago's most sought-after neighborhoods! This meticulously maintained building features two expansive 3-bedroom units plus a fully finished 2-bedroom garden apartment-perfect for multigenerational living or maximizing rental income. Each unit includes a refrigerator, oven, and

  Gregorio Cirone xr realty

  5706 N Saint Louis Ave, Chicago, IL 60659
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  /60

  $1,150,000

  • 9 Beds
  • 7 Baths

  8729 W Summerdale Ave, Chicago, IL 60656

  WOW! Rare, Custom-Built Jumbo 3-Flat Near O'Hare! Over 8,500 Sq Ft of Living Space! Incredible opportunity to own a one-of-a-kind, oversized building featuring three huge 3-bedroom units plus a finished in-law garden unit. Meticulously maintained by long-time owners. Each unit is updated and includes a refrigerator, oven, dishwasher, and microwave. Perfect for an owner-occupant or investor.

  Gregorio Cirone xr realty

  8729 W Summerdale Ave, Chicago, IL 60656
• 

  

  /23

  $625,000 Open Fri 4PM - 6PM

  • 5 Beds
  • 3 Baths

  5917 N Campbell Ave, Chicago, IL 60659

  On a wonderful tree lined street sits this beautifully maintained brick 2-flat that stands as an example of a great home and a solid investment. The first floor unit offers a spacious 3-bedroom 2-bathroom layout and the second floor has 3-bedroom and 1-bathroom, both with gleaming hardwood floors and plush newer carpet that adds warmth and comfort. The updated electrical system ensures modern

  Vicki Vranas Berkshire Hathaway HomeServices Chicago

  5917 N Campbell Ave, Chicago, IL 60659
• 

  

  /32

  $624,999

  • 4 Beds
  • 3 Baths

  4125 W School St, Chicago, IL 60641

  A Fully Renovated Farmhouse-Style 2-Flat with Bonus Garden Unit on Oversized Lot! Attention investors and house hackers-this beautifully property sits on a rare 37.5' wide lot, offering ample space and versatility. Current rental income is $4,575 with room to improve. Unit 2 is a 2 bed with 1 bath rented for $1,875 through March 2026. Unit 1 is a 2 bed with 1 bath rented for $1,750 on a MTM

  Brianna Schmidt Second City Real Estate

  4125 W School St, Chicago, IL 60641
• 

  

  /43

  $639,999 Open Sat 11AM - 3PM

  • 6 Beds
  • 3 Baths

  3140 N Ridgeway Ave, Chicago, IL 60618

  Three-Unit Building for Sale - Avondale, Chicago Incredible investment opportunity in the vibrant Avondale neighborhood! This solid three-unit building offers tons of potential and endless ideas to upgrade, modernize, or customize to your style. Whether you're looking to live in one unit and rent out the others or fully renovate for strong rental income, this property is full of possibilities.

  Maria Gutierrez Golden City Realty, Inc.

  3140 N Ridgeway Ave, Chicago, IL 60618
• 

  

  /51

  $575,000 Open Sat 11AM - 12:30PM

  • 5 Beds
  • 3 Baths

  4737 W Warwick Ave, Chicago, IL 60641

  Beautifully updated and move in ready brick 2 flat, on a wide lot in highly sought after Portage Park. This turnkey multi-unit property features newly refinished hardwood floors, updated bathrooms, and fresh paint throughout. Each of the spacious and sun filled units offers generous closet space, large living/dining common areas, stainless steel appliances (including dishwashers), and all new

  Michelle Schroeder Berkshire Hathaway HomeServices Chicago

  4737 W Warwick Ave, Chicago, IL 60641
• 

  

  /51

  $1,200,000

  • 13 Beds
  • 8 Baths

  4734 N Drake Ave, Chicago, IL 60625

  Excellent investment in Albany Park! Well-maintained legal 4-unit building with extra-large units. Unit 1/Garden: 3 beds, 2 baths, and tall ceilings throughout. Units 2-4: approximately 1,600 sq ft units with 3-4 beds and 1.5 baths each. Apartments feature spacious kitchens, extra-large living rooms & sunrooms, formal dining rooms in original layouts, plus enclosed porch/dens on each level.

  Ledio Samarxhiu Real Broker LLC

  4734 N Drake Ave, Chicago, IL 60625

Showing Results 1 - 40, Page 1 of 18

Why Live in Chicago

Chicago's cultural landmarks create an exceptional urban experience, from the iconic Cloud Gate sculpture in Millennium Park to panoramic views at the Willis Tower Skydeck. The Art Institute of Chicago houses masterpieces spanning centuries, while the Chicago Riverwalk provides a scenic path lined with cafes and bars along the water. The city's culinary scene features acclaimed restaurants like the Michelin-starred Alinea and Girl & The Goat in the West Loop, plus beloved institutions like Pequod's Pizza, known for its caramelized crust deep dish. The housing market includes diverse options across 77 community areas. In Lincoln Park, one bedroom condos have a median price of $288,500, while two bedroom units reach $460,000. Lakeview commands higher prices with two bedroom condos at a median of $577,500. More affordable options exist in Lincoln Square, where two bedroom condos have a median price of $275,000. The overall median sale price in Chicago is $368,000, with townhomes at $575,000 and single family homes at $335,000. Chicago's cost of living runs 15.6% above the national average. A family with school-age children needs approximately $123,000 annually to live comfortably, while renters should aim for $85,000. Property taxes stand at 1.98%, with a combined sales tax rate of 8.89%. The city maintains excellent public transportation via the "L" train system and CTA buses. Top-rated schools include Whitney M. Young Magnet High School and Jones College Prep High School. Major universities like the University of Chicago and DePaul University add to the educational landscape. The city experiences distinct seasons, with warm summers averaging 80°F and winters dropping to around 18°F.

Learn more about living in Chicago

Home Trends in Chicago, IL

On average, homes in Chicago, IL sell after 35 days on the market compared to the national average of 69 days. The median sale price for homes in Chicago, IL over the last 12 months is $520,000, up 22% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$520,000

Median Single Family Sale Price

$927,000

Median Townhouse Sale Price

$670,000

Median 2 Bedroom Sale Price

$381,000

Median 1 Bedroom Sale Price

$228,000

Average Price Per Sq Ft

$348

Number of Homes for Sale

558

Last 12 months Home Sales

9,664

Months of Supply

0.70

Median List Price

$527,000

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

22%