Illinois Multi-Family For Sale

Six - 4 unit apartment buildings for sale in the Pullman neighborhood. Walking Distance (0.5-mile) from the Metra Train Station and 20-minutes to downtown Chicago (Loop). President Obama declared the Pullman historic district a U.S. National Monument in 2015, making it Chicago’s first and only unit of the National Park Service. PORTFOLIO SALE - A total of 24-apartments over 6 buildings near the Historical Pullman District. The Portfolio consists of (3) - 3 Bedrooms, (6) - 2 Bedroom and (15) - 1 Bedroom apartments. 22 of the 24 apartments are separately metered (Gas/Electric). Landlord pays Water. Various improvements includes: Roof is 8-10 years old, Updated Electrical, Tuck-pointing completed and New Siding on all garages

HARDEBECKS SUB LOTS 1-2 BLK 7 33-31-12E eXp Commercial is pleased to present to market a fully occupied two-building 23-unit multifamily offering on the North side of Kankakee, IL near Bradley and Bourbonnais, IL. The offering is comprised of one 11-unit building at 924 E Willow St and one 12-unit building at 163 N Rosewood Ave. The properties in this offering are in an opportunity zone. The unit mix is comprised of 8 one-bedrooms, 14 two-bedrooms, and one four-bedroom unit that could be de-converted back to two adjacent two-bedroom units if desired to make this a 24-unit offering. Current rents are 10+ percent below market rents. As well, there is no on-site laundry or separately metered or billed water and sewer providing considerable upside in this offering. 924 E Willow St has tenant-paid electric baseboard heating and tenant-paid electric hot water heaters and 163 N Rosewood has newer efficient set gas boilers and gas hot water tanks run in series. Kankakee is the county seat of Kankakee County, located approximately 60 miles southwest of the downtown Chicago Loop. The area provides convenient access to Route 52 and Interstate 57. Public transportation is readily available at the Kankakee Amtrak Station, just over one mile southeast of the buildings, which is served by River Valley Metro for transportation by bus.

27,000 SF building for sale

Just 2-Block north of the 159th & Burnham Ave intersection. 1-Mile from River Oaks Mall. Excellent Opportunity to own a 100% masonry, 7-unit apartment building with OWNER'S APARTMENT SUITE! Mixture of 1-bed, 1-bath and 2-bed, 1-bath and Studio apartments with an additional OWNER APARTMENT featuring 2-Bedroom, 2-Bathrooms, large Living Room, Full Kitchen and access to private garage (4-stalls). Original hardwood throughout! Lots of upside!

North on Prospect, right at Leaves N Beans, one block off Prospect Brand new condo development in Peoria Heights! Within walking distance of amazing restaurants, parks, Grandview Drive, the Rock Island Trail, Country Club of Peoria , great shopping and the library. Private laundry in each unit as well as a walk in closet and a private out door space with each unit! Do not miss out on this chance to live in the Peoria Heights!

US 45 / 52 S to IL 49 to Main St. to W. Walnut to N Eighth to E Elm to N. Clarence.

Rogers Park is the first of Chicago's 77 community areas. Located 9 miles from the Loop, it is on the city's far north side on the shore of Lake Michigan. The neighborhood is commonly known for its cultural diversity, lush green public spaces, early 20th century architecture, live theater, unique bars/restaurants, beaches, and progressive mindset. It is bounded by the city of Evanston along Juneway Terrace and Howard Street to the north, Ridge Boulevard to the west, Devon Avenue and the Edgewater neighborhood to the south, and Lake Michigan to the east. FOR SALE Colliers is pleased to present 7603-09 N. Greenview Ave for sale. The property is an 11-unit multifamily investment property located in Rogers Park. This 7,700 SF building is located on the corner of Greenview and Rogers. The property contains eleven (11) single bed single bath units that have all been fully renovated. Renovations include granite countertops, upgraded sink and plumbing in the kitchen, beautifully tiled flooring throughout the apartment, and a crisp remodeling of the bathroom.

Elgin is a City in Cook and Kane counties, located in northern Illinois. It is roughly 35 miles northwest of Chicago and lies along the Fox River. With a population of 114,797 as of 2020, this makes it the 6th largest city in Illinois. The City can be accessed via Metra Train, as well as I-90 to the north with direct access off of Lake Street (IL Rt. 20), a major North-South highway, and from the south via IL Route 31 which also easily accesses Lake Street. The City of Elgin is bordered by South Elgin, Streamwood, Bartlett, and West Dundee. Downtown Elgin is a robust area currently making a turnaround economically with several new multi-family housing projects, a beautiful River Walk along the Fox River and the largest riverboat revenue producer in the state, The Grand Victoria Riverboat Casino. In 2013, Elgin ranked number one in the Chicago metropolitan area in new home starts, while ranking second in new home closings. Elgin’s downtown has also been the center of city renovations and new developments, new townhouses, condo towers, loft spaces and art galleries have all opened over the past decade, adding to a bustling and revived downtown district. Elgin is part of the Northern Fox Valley communities including 11 towns that run along the Fox River. Elgin, known as the Northern Fox Valley hub, has a distinctive heritage that is reflected with the well-maintained museums, historic districts, and parks. The City is also well known for its significant efforts in preserving and maintaining its downtown and riverfront area. This is evidenced in the increased draw for new, multi-family developments in the downtown district and along the riverfront. The downtown district of Elgin also boasts a two time award winning Elgin Symphony Orchestra, which has a significant draw for surrounding areas. Additionally, The Hemmens Cultural Center and Elgin’s Community College’s Visual and Performing Arts Center provides for a wellrounded cultural center.

I-57 to IL-54 to E 1200N / E 3rd St. to IL-47 to IL-165 to N Harrison to E Main. The property is part of the Section 515 program through the U.S. Dept. of Agriculture. The rents are subsidized through this program. All buyers should be knowledgeable and qualified to purchase. Qualified buyers should have working knowledge of these types of government subsidized programs and qualified with the USDA to purchase. Financials available for qualified buyers. This property is being sold as a package with 34 additional units in Gibson City, Illinois. The MLS# for that property is MLS#11617011.

I-57 to IL-54 to Melvin St. The property is part of the Section 515 program through the U.S. Dept. of Agriculture. The rents are subsidized through this program. All buyers should be knowledgeable and qualified to purchase. Qualified buyers should have working knowledge of these types of government subsidized programs and qualified with the USDA to purchase. Financials available for qualified buyers. This property is being sold as a package with 10 additional units in Colfax, Illinois. The MLS# for that property is MLS#11617016.

tbd Ideal for Investors looking to add to their portfolios and for first-time Investors seeking a lower-risk, secure entry to the Investment Market

The site is located at the northwest corner of 66th Place & Kedzie Ave in the Chicago Lawn Community. Properties along Kedzie Ave consist of multifamily , mixed use properties and small businesses. Marquette Park is also in the immediate area. The interior neighborhoods are comprised with single and multifamily properties. Well Maintained 100% leased 12 unit building. Each unit has its own PINS making the building easy to convert to condos should the need arise. All electric building. Units are separately metered. Heating is electric so heating is tenant's responsibility. Low maintenance building. Many long term tenants. Currently there are 5 section 8 tenants in the building. Unit mix is 9- 2 bedrooms and 3- 1 bedrooms. Recently Remodeled.

The property is located at the NEC of 77th St & Hermitage in the Auburn Gresham Community refrerred to as "Gresham". It is one of the 77 official community areas of the city of Chicago, Illinois. It is located on the far south side of Chicago. Auburn-Gresham is a historic community on the South Side of Chicago. While the neighborhood has witnessed ongoing development over the past century, it has remained rooted in its distinct history and culture. Though the area is primarily residential, several parks and small venues break up the pockets of homes. With a rapidly urbanizing commercial area in the neighborhood's southeast edge, locals can easily access a broad range of shopping, dining, and entertainment. Homes in this area come in a wide range of prices, styles, and sizes. INVESTORS: well-performing property w/low RE Taxes - Attractive, fully-occupied 16-unit building updated by $425,000 CIC-funded rehab in 2004. Newer Windows, Roof, Porches & Updated Kitchens, Baths, Plumbing and Electric. On-site Janitor handles tenants' daily needs. Must provide financing capability prior to showing.

This listing is for a portfolio of 5 multi-family investment properties located throughout Bloomington and Normal, IL. 504 E. Locust Street, Normal 3 & 5 Flora Way, Normal 11 & 13 Flora Way, Normal 318 E. Vernon Ave., Normal 1224 Orchard Road, Bloomington This listing is for a portfolio of 5 multi-family investment properties located throughout Bloomington and Normal, IL. There are four properties with 2 units and there is one property with 4 units. All units are currently rented on month-to month leases. The properties being sold are: 504 E. Locust Street, 3 & 5 Flora Way, 11 & 13 Flora Way, and 318 E. Vernon Ave, all in Normal and then 1224 Orchard Road in Bloomington. All properties are being sold as-is. Fully leased with potential to raise rents based on market. 24-hour notice is required to view the properties. Information deemed accurate but not guaranteed.

Located South of Downtown Chicago and near McCormick Place, the Bronzeville, The neighborhood offers visitors solid food and drink options, several artistic and historic assets to explore, ample lakefront space, and the pride and resilience of its residents. Incredible three-unit building located in Chicago's booming Bronzeville neighborhood that has quickly become a center for investment and development. The building is conveniently located just south of Chicago's Downtown with close proximity to Hyde Park, University of Chicago and the Lakefront. The building was built in 1895 and was recently fully renovated. The property consists of two 2-bed/2-bath units, and one 4-bed/3-bath duplex unit. All units are equipped with modern kitchens and in-unit washer and dryers. This is a turn-key investment as recent rehab includes: a complete update to the building’s electric, all new plumbing, HVAC, windows, masonry and tuckpointing and a new steel porch in the back of the building with secure/gated parking. 4525 S. Evans offers an owner occupant the perfect opportunity to live rent free in one unit while the monthly rental income from the other two units covers most if not all overhead expenses. The provided floorplan showcases the Duplex Unit and Unit 2 which is identical to Unit 3. This property is being sold in conjunction with 8618 S Ingleside Ave., Chicago, IL 60619 and we will consider a portfolio offer for both properties.

Chatham is one of the 77 community areas of the city of Chicago, Illinois. It is located on the city's South Side. It includes the neighborhoods of Chatham-Avalon, Chatham Club, Chesterfield, East Chatham, West Chatham, and the northern portion of West Chesterfield. Living in Chatham offers residents an urban suburban mix feel, and most residents rent their homes. In Chatham there are a lot of parks. Many families and young professionals live in Chatham. Vintage six-unit building located in the historic Chatham neighborhood of Chicago's South Side. This center entranced building sits on a quiet tree-lined residential street just blocks away from Avalon Park, 87th St./Woodruff Metra stop and the Dan Ryan Expressway. The building consists of three 2-Bed/1-Bath units on the south side of the building and three 1-Bed/1-Bath units on the north side of the building. All the units feature spacious floorplans, hardwood floors throughout, and separate living and dining rooms. The building was recently partially renovated include new individual furnaces and updated porched. Current rents are below the area market rates so there is a value-add upside possibly for a new owner. Floor plans depict one south side two bed unit and one north side one bed unit. All respective units on the north and south sides have same footprint. This property is being sold in conjunction with 4525 S. Evans Ave. Chicago, IL 60653 and we will consider a portfolio offer for both properties.

Auburn Park 33 Realty is pleased to present for sale 622-624 W 74th Street, an 8-unit 2021 gut-rehabbed mixed-use property in the Auburn Park neighborhood of Chicago.

The subject is located at the southeast corner of intersection of Lincoln Ave. and Indiana Ave. The site is in a prime section of campus, near University facilities and directly across the street from McKinley Health Center. University facilities exist to the west along with minor retail shops and a church adjacent to the south. Single family residential use dominates to the east. Site is 18,900 SF rectangular lot. The building is 17,255 SF. It is 3 story brick fraternity house for Kappa Delta. It is legally conforming use of the R-7 zoning, University Residential. The site is served by public utilities. 12 parking spaces on concrete lot. It was build in 1918 with significant improvements in 1927, 1963 and 1982. The unit mix consist of 1 single, 15 doubles, 4 triples, and 5 quads. It has finished basement designed with a meeting room, laundry and storage space. The NOI is pro forma $204,000 annually($17,000/month) absolute NNN, which will make it a 7.57% cap rate. Brief Legal: North 25 feet of Lot 2 and all of Lots 3 and 4 in Lincoln Place Subdivision, Champaign County, Urbana, Illinois Real Estate Taxes 2019: $32,346.94

North of Dempster on Gross Point Rd in Skokie. Prime free standing new construction medical facility is perfect solution for various medical uses, site offers excellent street exposure, access & parking. Developer can delivery turn-key buildout. Included in the price is site work, architecturals and entitlements.

Chicago's "Midway" neighborhood. 5124 S. Nagle is a two-story, brick, single family home located in Chicago's “Midway” neighborhood. The home is in a quiet community surrounded by a mix of industrial & residential properties. This home has a detached garage that is accessible via rear alleyway. The property & rear yard is fenced in and offers limited visibility to neighbors. Included in the rear is a wood deck with a paved common area. This property has a French balcony on the second floor overlooking the deck. I-55 is just a few blocks North, allowing convenient access to “The Loop” Estimated travel time to "The Loop" is 20 minutes.

824-826 S. 17th Ave., is located in Maywood. IL. It is only a 5 min walk to Maywood Metra Station and there is easy access to Chicago's Loop Area via I-290 (Eisenhower Expressway). 824-26 S. 17th Ave., is a residential building that includes 13 units. Built in 1931, the property is located in Maywood's "West Village." The neighborhood is a mix of single-family residential homes and apartments. There is effective demand for affordable housing in Maywood. The high demand ensures this building will have consistent, high occupancy. The adjacent lot is currently vacant. However, there is opportunity to repurpose the lot for private, and secure tenant parking.

Chicago's "Midway" neighborhood. 5637-39 S. Natchez Ave., is a two-story single family home in Chicago’s “Midway” neighborhood. The subject property is 1,525 SF with a detached garage in the yard. This property is in a quiet neighborhood located 2.7 miles away from Midway International Airport, 1.5 miles South of I-55, and 20 minutes from “The Loop.” Given the listing’s proximity to Archer Ave. (A major E/W thoroughfare) & I-55 The property is ideal for commuting residents or that desire effortless travel to & from downtown. The lot adjacent to this home is included in this listing.

Located in Chicago's "Englewood" Neighborhood. Chicago's Loop is accessible via CTA Red Line (69th station) or the I-94 expressway. There are several retail and restaurant establishments along W. 69th Street. Midway International airport is 6.5 miles. Ogden Park and Lily Gardens Park is a short walk from the subject property. 6933 S. Carpenter St. is located in the Chicago's "Englewood" neighborhood. The subject property is 2,344 SF building that occupies a standard 3,750 SF lot. The building has been divided into two separate units. The 2nd floor unit is 2BD/1BR, and the first floor unit is 3 BD/1BR. Chicago's Loop is accessible via CTA Red Line (69th station) or the I-94 expressway. There are several retail and restaurant establishments along W. 69th Street. Midway International airport is 6.5 miles. Ogden Park and Lily Gardens Park is a short walk from the subject property.

Vanilla box retail space with additional basement space in beautiful gray stone mixed-use 3 unit building along hot Logan Sq./ Avondale Milwaukee Ave corridor (hipster highway). All building systems completely updated, room for sidewalk cafe. Perfect for restaurant, coffee shop, yoga studio, gallery, gym and more

Northwest corner of W. Roscoe Street & Greenview Avenue, two blocks west of N. Southport Avenue and one block east of N. Ashland Avenue. Within the Chicago Transit Orientation Development Roscoeview is an excellent rental property as it competes with a rental subsection just beneath new construction, Class-A luxury rentals in the immediate area. It offers a significantly more affordable option for renters in a high demand location while not compromising on interior finishes. As a full-renovation in 2008, the property requires significantly less management for a passive investor. - 2008 gut-renovation condominium conversion. Perfect candidate to be deconverted. - Each unit features in-unit laundry, central air conditioning, and gas-forced heat - Building has common hot water included in monthly association dues - Kitchens feature varying types & styles of stainless steel appliances: stove/range, refrigerator, dishwasher, and microwave - Hardwood floors throughout with tile in bathrooms - Granite counters in kitchens and bathrooms - Ample basement storage for each unit - Rear porches - One garden unit - Located within Chicago's Transit-Oriented Development (T.O.D.) zone - needs variance to B-zoning. - Potential opportunity to add multiple units in basement or duplex from first floor units

West Wicker Park ATTENTION INVESTORS / OWNER OCCUPIERS! LOCATED IN HOT WEST WICKER PARK. LEGAL 5-UNITS WITHIN TWO SOLID BRICK BUILDINGS - 3 UNITS IN FRONT (TWO 2BD/1BTH + ONE 1BD/1BTH), AND 2 UNITS IN REAR COACH HOUSE (3BD/1BTH + 1BD/1BTH). FULL BASEMENT IN FRONT WITH POTENTIAL TO DUPLEX DOWN GROUND LEVEL UNIT. VALUE ADD POTENTIAL IN ALL 5 UNITS, BUT ZERO VACANCIES IN 10+ YEARS AS-IS. ALL UNITS CURRENTLY MONTH-TO-MONTH TERMS, BUT TENANTS WILLING TO SIGN 1+ YEAR LEASES IF DESIRED. IDEAL FOR OWNER OCCUPIER SEEKING RENTAL INCOME TO COVER MORTGAGE/EXPENSES. **3-D VIRTUAL TOUR + ADDITIONAL PHOTOS AVAILABLE UPON REQUEST**

Lakeview ATTN INVESTORS - 6.4% CAP well maintained 3-Flat in AAA+ Lakeview location ideal for renters or convert to SFH (early termination clauses on all leases). Features top floor 4BD/3BTH duplex-up with master suite; 1st floor 2BD/1BTH + Study/Den; and 2BD/1BTH Garden unit. Spacious Floor Plans with improvements throughout - HDWD Floors, Newer Baths/Kitchen, Mechanicals and Roof within last 10-years. Solid Building w/great tenants & strong income. All 3 units have been fully leased for 15+ years, with zero vacancy. Easy to rent. 2-Car Garage + Rear Garden.

All three locations (Gibson City, Paxton, Hoopston) on Route 9, within 30 minutes of each other.

Wheeler Rd. Facility across street from Pembroke School All under one roof, these 40 units are full and there is a waiting list of for residents. Listed at an 8 CAP equal to $33,750/unit. Currently owned with an assumable Rural Development Loan. 70% of rent collect with Gov. rental assistance. To maintain occupancy and rental assistance, certain guidelines apply for purchase structure. Property in "Good" condition. Management in place could possibly stay on after sale.

Incredible investment opportunity for this B class Mixed Used 25 unit! The owner has updated the roof, windows, mechanicals, and modernized apartments. The property consists of 21 residential units, 19 two bedroom units, 2 three bedroom units, and 4 office or store front units. Developer renovated, professionally managed, great condition, stable financials with upside potential. Only serious and qualified purchasers will be considered and financed offers must be accompanied by a minimum of 25% proof of funds.

Wonderful 6-Flat with many of the larger items updated.

Sale

Close to Metra, I-94, Shopping. This income Generating Property Features 100% Occupancy, Long Term Tenants, Newer Roof, Windows, and Water Heater. Property is a cash cow! GRM = 3.9! CAP = 17.7%

Very Desirable Location Makes this 6 Unit a Solid Property for any Investor! Only 2 Blocks to Metra and Minutes to I-294 and I-57!Property is Fully Leased!

Newer Rehabbed 3 Unit in South Shore! Units Features 3 Bedrooms, 2 Baths, and Stainless Steel Appliances. Perfect for Owner Occupant or Rent All 3!

Great opportunity to own a solid 11 unit apartment complex. The 11 units are one bedroom; 4 total rooms in each unit. $550 mo rent. Great location, one block off of Prospect.Roof is approx. 5 years old. All units come with a lockable storage unit. All units have newer carpet, hallways are freshly painted with newer carpet & new light fixtures.All units have parking spots available. All units are currently rented. Owner advises as soon as he advertises vacancy, he fills them. Extra income from Washer and Dryer approx $300 a month. All appliance are 3 years old or less.

South Suburban's Best Brick Flexicore 12 Unit Building! All Units have 2 Bedrooms 1 Bath! The Property is 100% Leased and Extremely Well Maintained!

Located walking distance to Lake Zurich. Fully leased with potential storage garage in back for added income. Located in central business district and DownTown TIF District.

Jackson Boulevard between St. Louis Avenue and Central Park Avenue, one block from Garfield Park

Incredible opportunity to own a turn-key legal three-unit condo quality investment property in the heart of Bucktown. Incredibly well maintained all brick two-flat + garden was recently converted from a 3-unit condo building into a single owner. Garden 1bd/1ba fully gut rehabbed in 2016 to the studs/foundation. Unit includes modern & sleek wide-open concept, custom sliding glass bedroom doors, radiant heat polished concrete floors, in-unit W/D, high efficiency tankless water heater and SS appliances. Unit 1 1 bd/1 ba + den features HW floors, gas FP, high ceilings, granite counters/floors, original pocket shutters, built in's in office/dining, private deck, new W/D in 2016. Unit 2 1bd/1ba + den features bamboo floors, wainscoting throughout, high ceilings, built in's in office/living room/mudroom. Never an issue to find tenants on this quiet tree-lined street located steps to boutique stores, award winning restaurants and public transportation including L and Metra.