How To Find Multi Family Homes For Sale in Chicago And Suburbs


Multi family homes are unique property investments.  However, most multi unit apartment buildings for sale in the Chicago area were not built in every municipality in the Chicago area.   So our team reviewed each municipality in the Northeast Illinois counties of Cook, DuPage, Lake and Will and listed for you the municipalities most likely to contain multi family property listings.  The table below list those results and in doing so answers the question, how to find Chicago area multifamily housing for sale.

Note: Scroll down the page and you will see individual multi family property listings for Chicago, IL, starting with highest price to the lowest.

Chicago Multifamily For Sale Area Market

Cook County DuPage County Lake County Will County
Chicago IL Addison IL Beach Park IL Aurora IL
Calumet City IL Aurora IL Grayslake IL Crete IL
Cicero IL Bensenville IL Highland Park IL Joliet IL
Des Plaines IL Bloomingdale IL Highwood IL Lockport IL
Evanston IL Burr Ridge IL Lake Villa IL Mokena IL 
Forest Park IL Darien IL McHenry IL  Monee IL
Homewood IL Downers Grove IL North Chicago IL Naperville IL
Lansing IL Elmhurst IL Vernon Hills IL Orland Park IL
Oak Park IL Hanover Park IL  Wauconda IL Plainfield IL
River Forest IL St. Charles IL Waukegan IL Steger IL 
Skokie IL Wheaton IL Winthrop Harbor IL Tinley Park IL 
Westchester IL West Chicago IL Zion IL
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Price:$4,000,000
Type:Fourplex
Address:2636 North LAKEWOOD Avenue, CHICAGO Illinois 60614
Built:2010
Tot Units:4
Remarks:The pinnacle of Lincoln Park living, 2636 N Lakewood is an amazing Four Unit condominium building situated on Three city lots. The quality of finishes and construction is unparalleled to anything else in Lincoln Park. The units consist of two (3bedroom) and two (2bedroom) sprawling floor plans with additional lower level including theater room, full bar, 1000 bottle wine cellar, workout room, golf simulator, elevator, private rooftop decks and 6 car garage parking.
 
Price:$3,500,000
Type:Duplex
Address:2159 West Ohio Street, CHICAGO Illinois 60612
Tot Units:2
Remarks:Land deal or rehab in West Town! PRICE IS ACCURATE.
 
Price:$2,947,747
Type:Fourplex
Address:2737 North Hampden Court, CHICAGO Illinois 60614
Built:1912
Tot Units:4
Remarks:VERY RARE OPPORTUNITY TO ACQUIRE ONE OF LINCOLN PARK'S COVETED 4 UNIT BRICK BUILDINGS, WITH RM-5 ZONING, TWO BLOCK FROM THE PARK- 1/2 BLOCK TO DIVERSEY SITUATED ON A 35' X 125' JUMBO LOT W/10,000+ SF OF INTERIOR LIVING SPACE AND AN EXCEPTIONAL 3500SF 3BR + OFFICE/ 3BA PENTHOUSE DUPLEX OWNER'S UNIT WITH AMAZING TOP FLOOR ZEN OASIS DESIGNED BY RENOWNED JAPANESE ARCHITECT MASAMI TAKAYAMA (SEARS TOWER, HOTEL NIKKO) FEATURING A LIGHT-FILLED MASTER SUITE W/FULLY RETRACTABLE WALL OF WINDOWS OPENING TO A TRANQUIL PRIVATE TERRACE W/WATER GARDEN. LOTS OF INVESTMENT OPTIONS HERE: TURN-KEY PROPERTY PROVIDES STABLE INCOME STREAM FROM CLASSICALLY DETAILED VINTAGE APARTMENTS IN HIGH DEMAND ALCOTT SCHOOL DISTRICT OR RE-BUILD INTO MODERN CONDOS OR... THE BUILDING HAS 10BR'S/8BA'S INCLUDING A 1BR/1BA GARDEN UNIT, TWO 2500SF FULL FLOOR APTS EACH WITH GRAND LR + DR, ELEGANT VINTAGE WOODWORK, HW FLOORS, IN-UNIT LAUNDRY, PRIVATE BALCONIES + OWNER'S DUPLEX UNIT. 2 ON-SITE PRIVATE GARAGES PLUS 1 EXTERIOR SPAC
 
Price:$2,499,999
Type:Fourplex
Address:1917 North LARRABEE Street, CHICAGO Illinois 60614
Built:1883
Tot Units:4
Remarks:Gorgeous East Lincoln Park legal 4-flat offers a once in a lifetime opportunity in one of Chicago's most sought-after neighborhoods! The building has been completely renovated in the last 5 years and boasts a luxurious owner's unit with a jetted tub, heated floors, granite countertops, and high-end appliances including Sub-Zero, Bosch, and Miele. Tenant units are all condo-quality with quartz countertops, in-unit W/D, central a/c, and high ceilings. Located just blocks from the lake, Lincoln Park Zoo, shopping, dining, and in the Lincoln School District! Excellent opportunity for investment, owner/operator, or condo conversion. Priced at a 5.9 Cap Rate. All leases have 90-day kick-out clause in place.
 
Price:$2,150,000
Type:Fourplex
Address:1136 West Diversey Parkway, CHICAGO Illinois 60614
Built:2006
Tot Units:4
Remarks:Built in 2006, hardwood, granite, stainless. Building consist of (3) 3 bedroom, 2 bath units and (1) ground floor commercial unit. Easy to maintain and easy to rent. 2 car attached grage plus 1 car detached garage.
 
Price:$2,109,000
Type:Fourplex
Address:5317 South MARYLAND Avenue, CHICAGO Illinois 60615
Built:2018
Tot Units:4
Remarks:NEW CONSTRUCTION 4 UNIT BUILDING WITH TRADITIONAL CURB APPEAL IS A SHORT TWO BLOCKS TO THE UNIVERSITY OF CHICAGO CAMPUS AND MEDICAL CENTER. FOUR DUPLEX CONDOS OFFER 2400 SQ FT. THREE BEDROOM 2.5 BATH FLOOR PLANS WITH ALL BEDROOMS AND LAUNDRY ROOM ON THEIR OWN LEVEL. MAIN LEVELS LAY OUT WITH FORMAL LIVING ROOMS, SEPARATE DINING ROOM, LARGE KITCHEN OPEN TO FAMILY ROOM COMPLETED BY LARGE REAR DECK. HIGH END FINISHES INCLUDE HARDWOOD FLOORS, CROWN MOLDING, FIREPLACE AND GRANITE COUNTERTOPS WITH BOSCH STAINLESS APPLIANCE PACKAGE. MASTER BATHS FEATURE JET TUBS, SEPARATE SHOWERS AND DOUBLE VANITY. ONE GARAGE PARKING SPACE PER UNIT.
 
Price:$1,925,000
Type:Triplex
Address:1420 West Fulton Street, CHICAGO Illinois 60607
Built:1880
Tot Units:3
Remarks:NOTHING LIKE THIS ON THE MARKET! Rare 3 unit fully occupied luxury rental building in Fulton Market in HOT West Loop. No expense spared. Completely rehabbed in 2015. Sleek 2 bed 2 bath units. Quartz counters, Bosch appliances, wine fridge, Kohler fixtures in bathrooms & kitchens. Wide plank wood floors, Hunter Douglas blinds, & tons of closet space throughout units. Quad screen security system monitors, 2 fireplaces, in-unit washer dryer, high-efficiency water heaters, & oversized Trex decks with gas hookups in all units. Like new historic brick building with wall & ceiling fiber glass insulation, R11 quiet zone walls, new plumbing, electric, new roof, & more. 2 car garage. Accessible to multiple CTA transportation lines & highways as well as all the restaurants, bars, & shops the West Loop is famous for! Also in the top-rated Skinner school district. Opportunity to increase rent yet still generating $107,400 a year. New development everywhere, see this become a cash cow!!
 
Price:$1,799,900
Type:Triplex
Address:2430 West Moffat Street, CHICAGO Illinois 60647
Built:2018
Tot Units:3
 
Price:$1,799,000
Type:Duplex
Address:619 West Belden Avenue, CHICAGO Illinois 60614
Built:1886
Tot Units:2
Remarks:This home is a one of a kind! It is a two flat of two owners units...first floor duplex down to lower level which also offers a walk-out entrance, three bedrooms, two and a half baths, two fireplaces, spectacular condition! Upstairs is second floor plus third floor duplex with three bedrooms, two full baths, two half baths, an also in impeccable condition! High end appliances, laundry room, wet bar, incredible decks off each floor, plus huge roof deck over garage with built-in grill plus kitchen, beautiful patio, and large two car heated garage. Lincoln School District. Could be converted to single family home easily. This is what you have been waiting for! Home can also be sold furnished!
 
Price:$1,795,000
Type:Triplex
Address:837 North Leavitt Street, CHICAGO Illinois 60622
Built:2019
Tot Units:3
Remarks:Contemporary 3 unit development!!! Extra-wide layouts. Duplex down has three bedrooms + office, 2.1 baths, lower level with radiant floors, steam shower, multiple decks. Main level with open concept floor plan. Second floor: two bedrooms, 2 full baths, front balcony, rear deck, Penthouse with two bedrooms and two baths. Private roof-top deck with panoramic sky-line views!!! Each unit has separately metered utilities, oversized garage parking with roof-top deck, Rents are market estimates. This is a high income low expense building with everything new at today's luxury levels. Rarely available new construction in the heart of Ukrainian Village! These types of rentals are few and far between. Spring delivery, walk-able now. Call lister for exact finishes specification . Pictures of similar projects from the same developer.
 
Price:$1,700,000
Type:Duplex
Address:1309 North Bosworth Avenue, CHICAGO Illinois 60623
Built:2019
Tot Units:2
Remarks:Brand New Construction 2 Unit Brick Building! Each unit is a duplex and finishes still slightly customizable. Many options available - live in one, rent the other; purchase with friends/family; make a high end rental; etc. See attached floorplans. Construction is underway. Estimated delivery early 2019.
 
Price:$1,685,000
Type:Triplex
Address:3049 North Clybourn Avenue, CHICAGO Illinois 60618
Built:2018
Tot Units:3
Remarks:GREAT OPPORTUNITY FOR A TURN-KEY INVESTMENT IN THE HOT CLYBOURN CORRIDOR. THIS BRAND NEW 3-UNIT MASONRY PROPERTY BUILT BY A LONG TIME NORTH SIDE BUILDER OFFERS CONDO QUALITY HOMES THAT WILL COMMAND TOP MARKET RENTS. ALL BRICK AND LIMESTONE EXTERIOR WITH CLOSED CELL FOAM INSULATION ON EXTERIOR WALLS. INTERIOR SOUNDPROOFING INCLUDES CORK SUB FLOORING AND BLOWN IN CELLULOSE. UNITS INCLUDE A DUPLEX DOWN W 4 BED 2.1 BATH THAT LIVES LIKE A SINGLE FAMILY HOME, 2 BED 2 BATH MIDDLE FLOOR WITH LARGE FRONT TERRACE AND PH UNIT WITH PRIVATE ROOF DECK. ALL HOMES OFFER CUSTOM KITCHENS, HARDWOOD FLOORING, QUARTZ COUNTERS, GORGEOUS BATHS AND GARAGE PARKING. THIS IS A GREAT OPPORTUNITY FOR A LIVE IN OWNER OR ARM CHAIR INVESTOR.
 
Price:$1,675,000
Type:Fourplex
Address:834 West Bradley Place, CHICAGO Illinois 60613
Built:1890
Tot Units:4
Remarks:Majestic tall and extra wide Greystone on quiet Bradley Pl in the heart of Wrigleyville. 3 huge 7 room, 3 bedroom, 1 bath apartments plus bonus 2 bedroom 1 bath garden unit. Newer bathrooms and kitchens with granite counter tops. Building retains its beautiful vintage details: marble entry, etched windows, and trim. Improvements include Roof (2008), new front & back porch, Boiler (2001), some new windows.. Additional income from coin laundry. Magnificent yard on a 35 X 151.75' lot. Zoned RM-5.
 
Price:$1,625,000
Type:Triplex
Address:1538 West GEORGE Street, CHICAGO Illinois 60657
Tot Units:3
Remarks:Prime Lakeview classic 3 unit Victorian frame building with concrete foundation on gorgeous block of $1MM+ single family homes. Two 3BR simplexes and one 4BR duplex up could be owner's unit. Stainless appliances. All apartments have in-unit laundry and private outdoor space. Condo quality finishes. Hardwood floors throughout. Separate utilities. Concrete paver patio. 2 car garage. Fully leased with established tenants.
 
Price:$1,599,900
Type:Triplex
Address:1235 North Cleaver Street, CHICAGO Illinois 60642
Built:2005
Tot Units:3
Remarks:3 unit Newer Construction Building w/ 3 car garage in one of the fastest appreciating areas of Wicker Park/West Town! 2 blocks to Blue Line and Highway! These are Condo quality units being sold as an investment property. Built in 2005. Hardwood Floors throughout. Wood burning fireplaces w/ gas start in each unit. Duplex Down has 3 large bedrooms, 3 full baths. 2nd floor simplex unit has 2beds/2full baths. 3rd floor unit has 2beds/2full baths and entire private rooftdeck w/ city views! Each unit has a large Balcony and Garage Space. Rents are low since owner has family and long term tenants. Short Walk to high end shops/boutiques and amazing bars/restaurants on Division St.
 
Price:$1,599,000
Type:Duplex
Address:2112 West Haddon Avenue, CHICAGO Illinois 60622
Built:2018
Tot Units:2
Remarks:Rare opportunity to purchase new construction in a historic district. Where old world charm meets modern luxuries. This building consists of one duplex up, and one duplex down. Both units feature high end finishes, 10 feet ceilings, with the feel of a single family home. White oak, wide plank floors throughout. 54' cabinets with LED under and upper cabinet lighting, quartz counter tops, Wolf stove, Sub Zero fridge. Built in gas fireplace, Grohe plumbing fixtures, Toto toilets, contemporary light fixtures. Radiant heated floors in the lower level. Pre-wired with a security system, surround sound, HDMI cables ran behind the walls. Spa like master bathrooms offer dual vessel sinks, relaxing soaking tub & glass enclosed shower w/steam. The building is solid masonry constructed, and insulated with spray foam insulation. Sound reducing materials used in between units. Two car garage. Close to shopping, dining, and expressways. Ideal for live in owner, or an arm chair investor.
 
Price:$1,599,000
Type:Triplex
Address:2233 North Halsted Street, CHICAGO Illinois 60614
Built:1886
Tot Units:3
Remarks:Gorgeous, sun-filledLincoln Park two-flat greystone with coach house and two car garage. This property is in immaculate condition. The owner's duplex unit has original stained glass windows and original ornate oak staircase. It includes four bedrooms, four full baths, in-unit laundry, den, library, huge eat-in kitchen, plus closed-in porch. First floor 2br/2ba rental has huge eat-in kitchen. There are washer/dryer hook-ups in basement. The coach house has updated bath and kitchen. The building has two low-maintenance decks - one off first floor and one off second floor kitchen. This property is located very close to DePaul University and is in the Lincoln School district. Currently being lived in by owners the projected monthly rent is $10K. All units are separately metered.
 
Price:$1,595,000
Type:Triplex
Address:1310 West Cornelia Avenue, CHICAGO Illinois 60657
Built:1908
Tot Units:3
Remarks:Amazing vintage 3 flat Greystone in the heart of the Wrigleyville/Southport corridor this is one of the most enviable blocks in the City of Chicago. Completely renovated and upgraded Greystone on an extra wide lot (30 x 124) has 3 units that have been lovingly rehabbed and upgraded with condo quality finishes and utilities. Each unit has modern wiring, plumbing, forced hot air heat, central air conditioning and tank-less hot water. Units boast upgraded appliances, custom cabinetry and hardwood floors, yet many of the vintage architectural details were preserved. Rear porches have been enclosed, insulated and dry walled. Limestone and brick facade has recently been tuck pointed. Property is located in the coveted Blaine School District. INVESTORS: This is a turn-key investment opportunity. All units are leased. DEVELOPERS: Turn these beautiful units into condos or de-convert into a stunning and large single family home. Property is a jewel.
 
Price:$1,550,000
Type:Fourplex
Address:67 West Chestnut Street, Chicago Illinois 60610
Built:1886
Tot Units:4
Remarks:4 Unit Prime Gold Coast Prime Property. Building has been renovated with new roof, windows, kitchens, baths, floors, fixtures etc. In unit laundry in units. Recent Renovation and Newly Decorated 4 Unit all two beds. One of the city's best locations and priced right!. 3 leases and one AirBnB Unit. Furniture and fixtures for registered Airbnb included in the price.---Agents ONE SPECIFIC SHOWING TIME PER WEEK---read notes.
 
Price:$1,550,000
Type:Triplex
Address:3230 North Seminary Avenue, CHICAGO Illinois 60657
Built:1995
Tot Units:3
Remarks:Massive 4 story, 3 unit building located less than 2 blocks to the Belmont train line. This 1995 built consists of a 4 bed/3 bath duplex down with additional living room, 2 bed/2 bath simplex, 3 bed/3 bath duplex up with additional loft space. Huge layouts, all king size bedrooms, back decks, and 3 tandem parking spots. Buy to rent as is or huge potential to upgrade each unit.
 
Price:$1,499,000
Type:Triplex
Address:1244 West Huron Street, CHICAGO Illinois 60642
Built:2018
Tot Units:3
Remarks:Amazing River West new construction multiunit investment opportunity! The three spacious units offer gorgeous kitchens with upgraded stainless steel appliances, white cabinetry, gold hardware, quartz countertops and center island with seating for two. Stylish light hardwood floors & light fixtures, high ceilings, and well appointed bedrooms. Designer inspired bathrooms with great cabinet space & marble tile. All units have a spacious deck and laundry in unit! Unit 1 is a duplex down with 2nd living space/family room. 2 exterior parking spaces available.
 
Price:$1,499,000
Type:Duplex
Address:640 West Belden Avenue, CHICAGO Illinois 60614
Built:1886
Tot Units:2
Remarks:Incredible opportunity to renovate this extra-wide, stately greystone on quiet, tree-lined Belden in the Lincoln School District and easy walking distance to Parker. Perfect for a buyer looking to customize their own home or for an astute spec developer. The building is 22 feet wide and 81 feet deep allowing a 5,400 square foot home without an addition. Main level and second floor have over 10 foot ceilings and basement approximately 8 foot now. Advantageous RM5 zoning would allow a penthouse addition. Actual lot size is 25x134 and the garage features a lofted area above it. The current building has been in the same family for generations and needs a complete renovation. Orange rated and located in the Mid-North historic landmark district.
 
Price:$1,499,000
Type:Duplex
Address:648 West Webster Avenue, CHICAGO Illinois 60614
Built:1886
Tot Units:2
Remarks:This offering consists of a well maintained, two unit, owner occupied building located on Webster Ave. at Orchard St., across the street from Oz Park. The first floor apartment is rented on a month to month basis and the second and third floors were converted to the owners unit in approximately 2001. This brick building has all separate utilities and the first floor apartment was renovated approximately three years ago with a new furnace, hot water heater and more. This is a turn key rental property but with tremendous renovation or redevelopment potential. Please call for additional details.
 
Price:$1,495,000
Type:Duplex
Address:1732 North Hudson Avenue, CHICAGO Illinois 60614
Tot Units:2
Remarks:View our virtual 3D tour! Beautiful complete renovation in one of the city's most desirable neighborhoods. This historic Old Town Triangle 2-flat on an end lot that's flooded with light from all 4 exposures (look at all the windows!) can EASILY be converted to a single family. This home boasts a stunning 3BR/2.5BA owner's duplex-up with open living space, dining room, a granite & stainless steel kitchen with custom cabinetry, GE Cafe series appliances, & a breakfast nook. Living room complete with custom built-ins and gorgeous paneling. The upper level features all 3BRs, a master suite with steam shower, granite vanities, gorgeous tile work & two walk-in-closets. A cute & spacious 1st floor apartment is equally as impressive collects great rent. A gorgeous back yard with large stamped concrete patio & EXTREMELY easy street parking (due to the one way streets) makes this the one you've been waiting for! Walk to lake, park, shops, dining, nightlife, buses & trains.
 
Price:$1,490,000
Type:Fourplex
Address:3059 West Palmer Boulevard, CHICAGO Illinois 60647
Built:1913
Tot Units:4
Remarks:Set on a 37.5 x 150-foot lot, this historic greystone offers a rich blend of well preserved, Art Nouveau style architectural details. Noted as a home of 'special architectural interest' in the Logan Boulevard Historic District, this building is also listed in the National Register of Historic Places. Currently a 9-bedroom legal 2-flat with $103,600 annual gross income, it is ideal as an income property or for conversion to a grand 6,800 sqft single family home. Highlights include oak trim, cove moldings, art glass light fixtures, original carved wood mantles, and stained glass windows. The front and back gardens were professionally landscaped. Other amenities include laundry in the lower level and a detached 2-car garage. This home overlooks beautiful Palmer Square Park, a 3-acre oasis of tranquility directly across the street. A Few blocks away from Logan Square's hottest restaurants and the Humboldt Blvd 606 entrance.


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