Multifamily Property for Sale in Chicago, IL

  • Price: $450K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Chicago, IL 60623
  • Size: 4,100 SF

Description

Building SF: 4100 | Listing Type: FOR SALE

Market Context

This multifamily in Chicago, IL is listed for sale at $450,000 across 4,100 SF. It has been on the market for 38 days. Compare it against other multifamily listings for sale in Chicago, IL — <a href="/search/sale/multifamily/illinois/chicago">view the full market</a>.

As of Q1 2026, the Chicago multifamily market showed rents up 9.3% year over year, and cap rates around 4.9%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

What is the typical cap rate for multifamily in Chicago?
About 4.9% as of Q1 2026, per Consensus.

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