Chicago multifamily for sale

While the rest of the Chicago real estate market was going down in value over the past few years, Chicago multifamily properties were going up in value. The quarterly median sale price of 2 to 4 unit properties more than doubled between 4th quarter 2009 and 4th quarter 2012. The median sale price for properties with 5 or more units rose 9%.

Finding Chicago multifamily for sale can take some digging. Multifamily properties aren’t all listed in the same place. Multifamily with 2 to 4 units are considered residential real estate while multifamily with 5 or more units are considered commercial real estate.

CHICAGO MULTIFAMILY FOR SALE 5+ UNITS

Click below to see Chicago multifamily for sale with 5 or more units by price range.

$1M & Above$900K to $1M$800K to $900K$700K to $800K
$600K to $700K$500K to $600K$400K to $500K$300K to $400K

CHICAGO MULTIFAMILY FOR SALE 2 TO 4 UNITS

Click below to see Chicago multifamily for sale with 2 to 4 units by price range.

$1M & Above$900K to $1M$800K to $900K$700K to $800K
$600K to $700K$500K to $600K$400K to $500K$300K to $400K

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ABOUT THE AUTHOR

Fran Bailey Fran Bailey is a Realtor who has been quoted in numerous Chicago and national publications. To schedule showings for any listings, get a free market analysis for your home or to contact Fran email her at fran.bailey@bairdwarner.com or call 773-793-4516. Learn More