Austin, Chicago IL · Curated MLS Search

Multi-Family Homes in Austin, Chicago IL

An editorially curated view of every active multi-family homes listing in Austin, Chicago IL. Updated in real time from the local MLS, presented without the noise.

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Austin Market — Multi-Family Homes Comparison

Live MLS data — Austin vs. Multi-Family Homes

Austin
Multi-Family Homes
inventory
Active Listings
142
40
Sold (Past 6 Mo.)
275
88
Under Contract
77
37
pricing
Avg. List Price
$355,058
$454,550 ↑ 28%
Cost / Sq. Ft.
$201
—
typical home
Living Area
1,982 ft²
—
Avg. Beds
4.6
6.3 ↑ 38%
Avg. Baths
2.6
2.9
Days on Market
228
51 ↓ 78%

Multi-Family Homes in Austin: Market Data

Data as of (MLS snapshot; listings below update live)

Chicago Real Estate Source's review of MLS data as of October 20, 2026 shows 40 active listings for Austin multi-family homes, with a median of 37 days on the market. These listings made up about 28% of the 142 active listings in Austin, across every property type. In addition, 37 listings were under contract, and 88 sold over the past six months, roughly 15 a month. At that pace, there are about 2.7 months of supply, which is generally considered a seller's market. The median asking price was $431,950. That price was $81,950 above the $350,000 median for all active listings in Austin, across every property type. The middle half of these listings was priced between $364,000 and $534,000. The average listing had 6.3 bedrooms and 2.9 bathrooms. If you're buying, it pays to be ready when a new listing comes up. If you're selling, well-priced homes have been moving quickly.

Multi-Family Homes in Austin, Chicago IL, October 20, 2026
MeasureValue
Active listings40
All active listings in Austin, every property type142
Under contract37
Sold, past six months88
Months of supply2.7
Median list price$431,950
Middle half of list prices$364,000 to $534,000
Median list price, all Austin listings$350,000
Median days on market37

Multi-Family Homes in other neighborhoods

Market questions

How many Austin multi-family homes are for sale?

There were 40 Austin multi-family homes for sale as of October 20, 2026, based on Chicago Real Estate Source's review of MLS data.

What do Austin multi-family homes typically list for?

The median list price of Austin multi-family homes was $431,950 as of October 20, 2026.

Where do most asking prices for Austin multi-family homes fall?

The middle half of active listings for Austin multi-family homes was priced between $364,000 and $534,000.

What is the typical time on market for Austin multi-family homes?

The median listing for Austin multi-family homes had been on the market 37 days as of October 20, 2026.

How do Austin multi-family homes compare with other neighborhoods?

As of October 20, 2026, there were 40 Austin multi-family homes for sale. In the same search, Chicago had 849 multi-family homes for sale at a median list price of $450,000, North Lawndale had 66 multi-family homes for sale at a median list price of $462,500 and Cicero had 35 multi-family homes for sale at a median list price of $429,000.

How do prices of Austin multi-family homes compare with the rest of Austin?

The median list price of Austin multi-family homes, $431,950, was $81,950 above the $350,000 median for all active listings in Austin, across every property type.

Does the market for Austin multi-family homes favor buyers or sellers?

With 40 active listings and roughly 15 sales a month, supply of Austin multi-family homes stood at about 2.7 months, which is generally considered a seller's market.

Listing data courtesy of Midwest Real Estate Data LLC.

Next Steps in Austin, Chicago IL

View All Austin Chicago IL Multi-Family Homes Listings

5539 W Adams Street, Chicago
$419,900
6 Beds ⋅ 3 Baths ⋅ 12790948 MLS ⋅ ACTIVE Status
Discover the possibilities at 5539 W Adams Street in Chicago's Austin neighborhood! This brick two-unit property offers a unique opportunity for investors and owner-occupants alike, featuring two spacious apartments plus a beautifully updated garden-level living space. Each level offers two bedrooms and one bathroom, providing flexible living arrangements and income potential. The first-floor apartment features modern updates, while the finished garden level showcases contemporary finishes, updated flooring, a stylish kitchen with stainless steel appliances, and comfortable living areas. The second-floor apartment is occupied by a long-term tenant and retains its original vintage finishes and presents a tremendous renovation opportunity for a buyer ready to bring their vision to life and add equity over time. With modernization throughout, the second floor offers the potential to complement the property's already updated spaces. Additional highlights include three separate furnaces for each living level, a roof replaced in 2020, and a detached garage. The property is being offered in its current condition, allowing the next owner to determine the improvements that best suit their goals. Whether you're looking to expand your investment portfolio, explore owner-occupancy opportunities, or invest in a property with room for future improvements, 5539 W Adams offers an exciting combination of existing updates and untapped potential. Schedule your showing and explore the possibilities!

5539 W Adams Street, Chicago

1810 N Linder Avenue, Chicago
$410,000
4 Beds ⋅ 3 Baths ⋅ 12785685 MLS ⋅ ACTIVE Status
SERIOUS BUYERS ONLY! Welcome to this well-maintained classic Chicago brick Two Flat in the highly desirable North Austin neighborhood, offering an outstanding opportunity for both investors and owner-occupants. The 1st and 2nd floor provide spacious units that features 2 bedrooms, 1 bathroom, generous living and dining rooms, large kitchens, hardwood floors throughout, and an additional flex room that can serve as a sunroom, walk-in closet, home office, or extra living space, while the finished basement is a studio style unit w/ a kitchen, living area, full bath and front/rear entry and exit. The property also includes a rear deck, private two car garage parking, and separately metered utilities with individual furnaces, water heaters, and utility billing for each unit. The building is fully occupied with Unit 1 leased month-to-month at $1,250, Unit 2 will be vacant upon closing, and the garden unit leased through 3/2027 at $800. Electrical for the entire building was updated in 2025. Austin continues to emerge as one of Chicago's most promising investment corridors, offering affordability, strong rental demand, and convenient access to CTA buses, Metra, parks, schools, shopping, grocery stores, Walmart, Galewood Theatre, fitness centers, and more. Whether you're seeking immediate cash flow with future upside or looking to supplement your mortgage through rental income, this property delivers exceptional long-term potential. Seller and broker do not represent the legality of the garden unit. Don't miss this opportunity to invest in one of Chicago's rapidly appreciating neighborhoods. Selling "As Is"

1810 N Linder Avenue, Chicago

1702 N Meade Avenue, Chicago
$479,000
4 Beds ⋅ 2 Baths ⋅ 12783728 MLS ⋅ CONTINGENT Status
WOW! This COMPLETELY RENOVATED brick two-flat provides the PERFECT union of family living and income potential. This traditionally designed apartment home was renovated, restored and upgraded in 2022. The impeccable move-in condition gives you a great start from day one! NEW systems installed at renovation include: individual gas forced air heat & central air conditioning, NEW thermostats, individual NEW hot water heaters, NEW electric service and circuit boxes, NEW gutters & downspouts, NEW back staircase and landings and NEW exterior lighting. The apartments offer spacious and sunlit interiors and both units have: NEW thermal pane windows, NEWLY refinished oak floors throughout, NEW UPGRADED kitchens and dining spaces with an open concept floor plan, all NEW kitchen appliances, quartz counters and lighting, NEW UPGRADED baths with vanity sinks, tile tub surrounds, tile flooring & lighting, NEW ceiling fans and recessed lighting, and the primary bedrooms include a HUGE walk-in closet. The full basement is neat as a pin and houses the laundry room. There is also tons of room for storage! Enjoy Amundsen Park, a beloved neighborhood park that offers a field house equipped with a gym, fitness center & club rooms. The park's green space includes baseball, softball, football & soccer fields, a volleyball & basketball court and a playground. It's the perfect spot to get your steps in and to cheer for the home team! Oversized 2 car garage has 2 overhead doors, each equipped with an automatic opener. This home is an excellent option for generational living or for an owner resident to enjoy as a home and an investment. The desirable Galewood neighborhood is so convenient at the edge of the city and the setting of this apartment home boasts a coveted walk to the Metra train location, with service to the Loop and the western suburbs. All of the 2022 renovation work was conducted by an experienced professional renovation contractor. Take advantage of this GOLDEN OPPORTUNITY NOW!

1702 N Meade Avenue, Chicago

1015 N Laramie Avenue, Chicago
$650,000
8 Beds ⋅ 3 Baths ⋅ 12767655 MLS ⋅ CONTINGENT Status
Multiple offers have been received. Please submit your highest and best offer by Tuesday, September 29th at 5:00 PM CDT. Stunning, fully renovated 2-flat with an updated additional in-law suite, offering modern design, beautiful finishes, and extensive upgrades throughout. Thoughtfully updated from top to bottom, this move-in-ready property combines style, comfort, and functionality. The first-floor unit features a spacious living room that flows into an open-concept kitchen and dining area, creating a bright and inviting main living space. The beautifully renovated kitchen features modern cabinetry, quartz countertops, new hardwood flooring, and contemporary finishes. Completing the first-floor layout are three generously sized bedrooms and a beautifully updated full bathroom with a tub. The second-floor unit offers a similar thoughtfully designed layout, featuring a spacious living room, open-concept kitchen and dining area, three generous bedrooms, and a renovated full bathroom with a tub. The finished basement features an updated additional in-law suite with two additional rooms and one full bathroom, providing versatile additional living space. Each unit is equipped with its own HVAC system, electrical panel, water heater, and washer and dryer hookups, providing independent comfort, convenience, and efficiency. Extensive improvements throughout the property include new electrical, new plumbing, new windows, central air, new mechanicals, new flooring, new tuckpointing, a new roof, new sump pump, and new ejector pump. The property also features a newly constructed wood porch with deck, providing additional outdoor space. A spacious concrete parking area accommodates at least four vehicles, offering excellent off-street parking and added convenience. Beautifully redesigned with attention to detail throughout, this impressive 2-flat with an additional in-law suite presents an excellent opportunity for owner-occupants or investors. A must-see property that is ready for its new owner. Schedule your showing today!

1015 N Laramie Avenue, Chicago

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