Chicago, IL Multifamily Homes & Duplexes for Sale

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  /28

  $159,600

  • 7 Beds
  • 3 Baths

  7043 S Yale Ave, Chicago, IL 60621

  Price Drop Alert - Don't Miss This Englewood Multi-Unit Opportunity! Brick 2-Unit with 8 Bedrooms & Expandable Basement Space! Now available at a new, reduced price, this property is primed for investors ready to boost their portfolio. You won't want to sleep on this cash-flow opportunity! Offering 4 spacious bedrooms in each unit for a total of 8 bedrooms, this two-flat is ideal for maximizing

  

  Tamika Marks

  Trademarks & Associates

  (312) 313-8205

  7043 S Yale Ave, Chicago, IL 60621
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  Explore Chicago

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  /33

  $339,900

  • 4 Beds
  • 2 Baths

  4417 S Campbell Ave, Chicago, IL 60632

  **Charming Multi-Unit Opportunity in Brighton Park** This versatile multi-unit property is located in the vibrant Brighton Park neighborhood of Chicago. Featuring two spacious apartments, each offering 2 bedrooms and 1 bathroom, this property provides a solid foundation with excellent income potential. The unfinished attic presents a fantastic opportunity for expansion, perfect for transforming

  

  Maricela Cuevas

  Realty of America, LLC

  (312) 900-8618

  4417 S Campbell Ave, Chicago, IL 60632
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  /23

  $329,999

  • 6 Beds
  • 2 Baths

  7223 S Union Ave, Chicago, IL 60621

  Move right into one unit and start collecting rent from the others immediately! This property features separate forced air heating and separate A/C units with security gate entry/exit doors, spacious rooms, formal dining areas, and beautiful hardwood floors throughout. Property also boasts brand-new front and rear porches, a newly fenced backyard, gated front yard, gazebo, and a brand-new car

  Pierre Mason

  Century 21 IMPACT

  (312) 313-3698

  7223 S Union Ave, Chicago, IL 60621
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  /60

  $1,674,900

  • 8 Beds
  • 6 Baths

  6909 S Chappel Ave, Chicago, IL 60649

  Designed by the famous Chicago architect Edward G McClellan in 1925. Mr McClellan left his artistic imprint on this unique one of a kind property. This architectural marvel combines 17th century English Gothic Revival design with 20th century opulence and 21st century modern convenience and amenities. When you add it all up, you have 100 PERCENT luxury and a true one of a kind property. You will

  

  John Wright

  Keller Williams Premiere Properties

  (312) 516-4314

  6909 S Chappel Ave, Chicago, IL 60649
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  /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
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  /14

  $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
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  /22

  $415,000

  • 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
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  /31

  $689,000

  • 11 Beds
  • 5 Baths

  5943 S Indiana Ave, Chicago, IL 60637

  ENORMOUS PRICE REDUCTION !! 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

  

  John Wright

  Keller Williams Premiere Properties

  (312) 997-5039

  5943 S Indiana Ave, Chicago, IL 60637
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  /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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  /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
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  /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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  /11

  $235,000

  • 6 Beds
  • 2 Baths

  7621 S Lowe Ave, Chicago, IL 60620

  Multi-Family Building featuring 2-3 Bedroom - 1 Bath units! What a great opportunity to house hack, while building equity. Property was fully updated in 2016, along with a new back porch. Unfinished basement offers opportunity for additional living space. This property is being sold in as-is condition and is perfect for either an owner-occupant or outside investor! Property is being Sold

  

  Reginald Patterson

  eXp Realty

  (312) 500-1020

  7621 S Lowe Ave, Chicago, IL 60620
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  /29

  $499,000

  • 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. NEW BOILER 2023. NEW WATER HEATER 2022. 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

  

  John Wanda

  Century 21 Circle

  (312) 477-2224

  5443 S Nottingham Ave, Chicago, IL 60638
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  /29

  $585,000

  • 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
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  /7

  $189,900

  • 6 Beds
  • 2 Baths

  537 W 61st Place, Chicago, IL 60621

  GREAT INVESTMENT OPPORTUNITY. FIRST FLOOR VACANT. upstairs unit rented for 1,000 looking to rent first floor unit for $1,450 3 bedrooms and a full bath on each unit. Basement is perfect for expanding great potential. Exterior has front porch. Property Sold AS IS!! SCHEDULE YOUR SHOWING

  

  Maricela Wilson

  Smart Home Realty

  (312) 948-9641

  537 W 61st Place, Chicago, IL 60621
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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
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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
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  /21

  $269,000

  • 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
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  /146

  $449,900

  • 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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  /2

  $235,000

  • 7 Beds
  • 2 Baths

  7220 S Rhodes Ave, Chicago, IL 60619

  Welcome to 7220 S Rhodes Ave! What an incredible space and layout in this legal 2-unit with 8 total bedrooms and 3 full baths, including a finished basement with a non-conforming 1-bed apartment. Unit 1: 3BR/1BA | Unit 2: 4BR/1BA | Basement: 1BR/1BA. Detached 2.5-car garage, large yard, and strong rent potential. This property provides a great opportunity for house hacking or cash-flow-focused

  

  Reginald Patterson

  eXp Realty

  (773) 639-2139

  7220 S Rhodes Ave, Chicago, IL 60619
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  /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
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  /34

  $250,000

  13346 S Carondolet Ave, Chicago, IL 60633

  Don't miss this RARE opportunity to own a beautifully updated 4-bedroom, 2-bathroom home offering incredible layout flexibility across two finished levels! Whether you're seeking a spacious residence for your family or envision the possibility of separate living quarters for multi-generational living, home office needs, or added privacy-the opportunities here are endless. The main level boasts

  

  Brittany Sanchez

  Realty of America, LLC

  (773) 694-4846

  13346 S Carondolet Ave, Chicago, IL 60633
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  /12

  $550,000

  • 3 Beds
  • 2 Baths

  6500 N Northwest Hwy, Chicago, IL 60631

  EDISON PARK 2 FLAT. Great opportunity to own 2-flat brick building in a fantastic location with hardwood floors throughout both units. Bright living rooms with plenty of natural light, large eat in kitchens, large living room & good size bedrooms. Spacious fenced backyard with great potential to be turned into a place for family gatherings and entertainment. Full Basement with good ceiling

  

  Mary Aloisio

  @properties Christie's International Real Estate

  (773) 902-0735

  6500 N Northwest Hwy, Chicago, IL 60631
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  /28

  $329,900

  • 7 Beds
  • 4 Baths

  5743 S Emerald Ave, Chicago, IL 60621

  Incredible investment property featuring 2 units fully rehabbed. Property offers not just a home but a wise investment for your future!. Highlights include new furnaces for each unit, new water heaters , new kitchen cabinets and appliances, remodeled bathrooms, new floors, new porch and new roof. It presents occupant/investor with the opportunity to take hold of a turnkey asset that has been

  

  Bill Eliopoulos

  Cosmos Realty Investors, Inc.

  (773) 232-6436

  5743 S Emerald Ave, Chicago, IL 60621
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  /27

  $460,000

  • 5 Beds
  • 3 Baths

  5527 W Potomac Ave, Chicago, IL 60651

  Don't miss this ideal investment opportunity-a professionally managed legal 2-flat withs g a garden-level in-law unit in Chicago's growing Austin neighborhood. This classic brick building combines vintage charm with modern updates, making it a great fit for investors or owner-occupants alike. The property includes a 2-bed, 1-bath main-floor unit and a 3-bed, 1-bath upper unit with an enclosed

  

  Kathy Szuba

  REMAX Legends

  (773) 830-2883

  5527 W Potomac Ave, Chicago, IL 60651
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  /14

  $325,000

  • 5 Beds
  • 2 Baths

  6510 S Rhodes Ave, Chicago, IL 60637

  Turnkey Greystone with Additional Lot - Prime West Woodlawn Investment Discover a rare opportunity to own a beautifully kept two-unit Greystone with endless income potential in the fast-growing West Woodlawn community. Ideally located near the University of Chicago, this property offers convenience, stability, and growth for seasoned investors and first-time buyers alike. The first-floor

  

  Kristen Roussev

  Village Realty, Inc.

  (773) 917-0332

  6510 S Rhodes Ave, Chicago, IL 60637
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  /7

  $600,000

  • 8,300 Sq Ft

  7250 S Yale Ave, Chicago, IL 60621

  OPPORTUNITY ZONE SPECIAL - Located in Chicago's South Side Englewood neighborhood, 7250 S Yale is a 7-unit brick walk-up, offering strong value-add potential for improvement in market rents and room for renovation / updates too. The unit mix consists of six spacious 3BD/1BA layouts and one 2BD/1BA garden unit, 8K SF overall, with upside through renovation and rent increases. The property features

  

  Cecil Sabu

  ALLURE Real Estate

  (773) 345-9611

  7250 S Yale Ave, Chicago, IL 60621
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  /48

  $1,500,000

  • 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

  (773) 923-0465

  2732 W Belmont Ave, Chicago, IL 60618
• 

  

  /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) 626-0163

  13545 S Brandon Ave, Chicago, IL 60633
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  /45

  $800,000

  • 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

  (773) 537-4559

  3322 N Kostner Ave, Chicago, IL 60641
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  /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
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  /34

  $499,900

  • 4 Beds
  • 3 Baths

  4130 N Mason Ave, Chicago, IL 60634

  Charming Portage Park 2-flat on a quiet tree-lined street! This well-maintained building features two spacious 2 bed/1 bath units, each offering a classic layout with a bright living room, separate dining room, hardwood floors, and central air. The first-floor unit boasts a cozy fireplace and the second-floor kitchen was updated in 2017, adding modern functionality to vintage charm. The partially

  Nancy Huetteman Redfin Corporation

  4130 N Mason Ave, Chicago, IL 60634
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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
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  /18

  $1,399,500

  • 9 Beds
  • 6 Baths

  1532 N Greenview Ave, Chicago, IL 60642

  HAVE SOMEONE ELSE PAY YOUR MORTGAGE WITH THIS RARE OPPORTUNITY TO LIVE IN A RECENTLY RENOVATED 3BD+FAM RM/3BA SFH COACH HOUSE THAT IS PART OF A UNIQUE LEGAL 4-UNIT PROPERTY ON ONE OF WICKER PARK'S BEST TREE LINED ONE-WAY STREETS PERFECTLY SUITED FOR LIVE/RENT OR PURE INVESTMENT FEATURING AN ALL BRICK 3-UNIT FRONT BUILDING WITH GENEROUS FLOOR PLANS & THOUGHTFUL UPGRADES & THE AFOREMENTIONED COACH

  Mario Greco Compass

  1532 N Greenview Ave, Chicago, IL 60642
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  /26

  $515,000

  • 5 Beds
  • 3 Baths

  2649 W 21st Place, Chicago, IL 60608

  Take advantage of a rare opportunity to assume a 3.125% FHA mortgage on this well-maintained and updated brick 2-flat in the heart of vibrant Pilsen. The first-floor unit offers 2 bedrooms and 1 full bath, while the spacious second unit is a duplex-up featuring 3 bedrooms and 2 full bathrooms across two levels-ideal for maximizing space and flexibility. Both units are move-in ready with modern

  Michael Scanlon eXp Realty

  2649 W 21st Place, Chicago, IL 60608
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  /30

  $599,000 Open Tue 12PM - 12:30PM

  • 7 Beds
  • 3 Baths

  522 N Hamlin Ave, Chicago, IL 60624

  Live Luxuriously. Invest Intelligently. Welcome to 522 N Hamlin - a fully reimagined, all-brick 2-flat on an EXTRA-WIDE 46' lot in red-hot Humboldt Park! This isn't just a rehab - this is a transformation with an extra-wide footprint and high-end finishes throughout. Unit 1 (Duplex Down): 4 spacious bedrooms + 2 full baths with Jacuzzi tubs and room for 2-3 additional bedrooms or flex spaces -

  Don Felton Chicago's Real Estate Agency

  522 N Hamlin Ave, Chicago, IL 60624
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  /43

  $639,999

  • 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
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  /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
• 

  

  /42

  $1,175,000

  • 3 Beds
  • 4 Baths

  328 W Concord Place, Chicago, IL 60614

  Exquisite Old Town Row Home: Nestled on a charming, tree-lined one-block street, this exceptional end-unit row home at 328 W Concord Pl offers a unique blend of sophisticated city living and astute investment opportunity. Spanning three stories, this property is configured as two separate units, appealing to a wide range of buyers, from the savvy investor to the live-in owner seeking

  Victoria Ossorio Compass

  328 W Concord Place, Chicago, IL 60614

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 32 days on the market compared to the national average of 52 days. The median sale price for homes in Chicago, IL over the last 12 months is $370,000, up 7% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$370,000

Median Single Family Sale Price

$335,000

Median Townhouse Sale Price

$575,000

Median 2 Bedroom Sale Price

$410,000

Median 1 Bedroom Sale Price

$253,000

Average Price Per Sq Ft

$302

Number of Homes for Sale

4,520

Last 12 months Home Sales

21,966

Months of Supply

2.50

Median List Price

$375,000

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

7%