View All Skokie IL Multi-Family Homes Listings

$677,500
6 Beds 3 Baths 12704328 MLS CLOSED Status
Rare opportunity to own an updated and exceptionally versatile brick 2-flat in a prime Skokie location. Whether you're an investor seeking strong cash flow potential or a savvy owner-occupant looking to house hack (live in one unit and rent out the other), this property offers flexibility, income potential, and major capital improvements already completed. Each of the two main units features 3 bedrooms, 1 full bathroom, spacious living areas, hardwood flooring throughout, and modern kitchens and baths. The kitchens are highlighted by stainless steel appliances, white shaker cabinets, and granite countertops. Attached to each unit are enclosed porches which could be used for extra storage space or an office/den. Since purchasing the property in 2021, the current owner has continued to improve the building with significant upgrades, including a water heater replacement (2022), new roof (2024), new siding (2024), newer A/C unit (2024), and more! The basement, non-conforming unit offers additional finished living space with a separate entrance, bedroom, bathroom, kitchen, and living area, presenting outstanding flexibility for extended family, guests, home office use, storage, or potential future income opportunities. Additional features include separate utilities for the two main units, coin-operated laundry, flood control system/sump pump, detached 2-car garage, and an additional exterior parking space. Conveniently located near Downtown Skokie (shopping, restaurants, bars, etc), parks, I-94, and public transportation (buses and CTA yellow line).

8156 Knox Avenue, Skokie

$799,900
8 Beds 5 Baths 12682834 MLS CONTINGENT Status
This is an absolute rare-find triplex located on a beautiful tree-lined residential street. Offering over 4,200 square feet across three fully self-contained units, this highly updated property presents an exceptional opportunity for both investors and owner-occupants. The first and second floors each feature spacious 3-bedroom, 2-bath layouts with full kitchens and private living spaces. The lower level offers an additional 2-bedroom, 2-bath apartment, providing tremendous flexibility and income potential. Outside, enjoy a charming courtyard area, plus an incredible combination of a 2-car attached garage and an additional 1-car attached garage accessed from the alley-an uncommon amenity for a multi-family property. All three units are currently occupied by related family members, but the possibilities are endless. Whether you're looking to maximize rental income, create a multigenerational living arrangement, or add a turnkey asset to your portfolio, this meticulously maintained and updated triplex is truly one of a kind. Property is being shown by appointment and each occupant does need proper notice to be able to view the entire building. This property does require a 1 lender short sale however, all the heavy lifting related to the short sale including the application, review, lender value have all been completed. Lender is now considering reasonable offers. Do not allow the short sale to deter you as this is not your typical short sale.

7941 Karlov Avenue, Skokie

$510,000
4 Beds 6 Baths 12627226 MLS CLOSED Status
Exceptionally rare opportunity to own a combined 2-unit mixed use townhouses in downtown Skokie, steps from restaurants and shops. Excellent access to public transit at your doorsteps, bus, train, and easy access to highway. Perfect for an investor or large family/small business owner, multi-generational living or a combination of all. Extremely flexible space. This 3-level property contains the double COMMERCIAL /FLEX SPACE on the first floor with 2 half baths that can be used as commercial or professional office for any client-facing business (medical office, spa, yoga studio, law office, real estate office, retail, tech office, accounting ... use your imagination - opportunities are truly endless. Can also be rented out to produce income as 1 commercial space or 2 commercial spaces if separated back to original floor plan. The ground floor has a direct indoor access to 3 owned parking spots in the attached secured garage. The SECOND and THIRD LEVEL - PERFECT FOR RESIDENTIAL LIVING & ENTERTAINING. The Second level offers 2 living rooms with fireplaces and sliding doors leading to a private patio/s with a gazebo perfect for relaxing outdoors. Two eat-in kitchens facing each other are light and functional with direct access to the interior courtyard adding light and convenience as well as additional outside access that allows separate entry to the residential space for family or potential residential space tenants. The second floor also features a dining room, den and other flexible space. The third level has 4 large bedrooms with 2 en suite full bathrooms and 2 additional full bathrooms so nobody needs to share. The 2 super convenient upper-level laundries make laundry days a breeze. And if you still have more things to store, there are 2 generous size attics. This rare and unique property offers endless lifestyle options: - Live upstairs and run your business downstairs - Live upstairs and rent 1 or 2 commercial spaces - Convert the first level into additional living space. - Rent everything - 2 commercial spaces downstairs and a large residential property upstairs or separate the 2 units back to the original floor plan and sell one/keep the other.... we can keep going but you get the point... A rare mix of convenience, income potential, and modern day living. Don't miss the opportunity to own this one-of-a-kind offering. The property can be used as is or divided/updated by buyers looking to add their own equity or investment potential. Sold AS IS

8019/8021 Lincoln Avenue, Skokie

$550,000
6 Beds 5 Baths 12498517 MLS CLOSED Status
Spacious all-brick two-flat in the heart of Skokie. Ideal for investors or owner-occupants seeking strong rental potential. Built in 1960, this solid property features two nearly identical units, each offering three generously sized bedrooms, one full bath, and an additional powder room. Enter through a private side entrance into a foyer that opens to a large combined living and dining area, complete with a built-in wall A/C unit and classic oak hardwood floors throughout. Each unit includes a compact yet functional eat-in kitchen with metal cabinets and wood fronts, as well as vintage tile finishes in both the full and half baths that add character and charm. Both units feature eight-foot ceilings and thoughtful built-in storage throughout, including three linen closets per unit. The full basement offers incredible flexibility, with a bright and spacious paneled family room, a large workroom, a utility room, and an additional powder room with space to add a shower or tub. With existing plumbing and layout, the basement holds potential for an in-law suite or additional living space (not a legal unit). Separate mechanicals and electric panel for each unit. Outside, enjoy a backyard with a concrete patio, partial and space for grilling, along with a detached two-car garage. Solid building but needs some updating. Conveniently located near transportation, shopping, and schools, this is a rare opportunity to own a solid, income property with vintage charm and endless potential.

3452 Main Street, Skokie

$575,000
4 Beds 2 Baths 12472992 MLS CLOSED Status
On the market for the first time in decades, this solid vintage brick two-flat presents a rare opportunity in Skokie. Offered as an estate sale, the property has been lovingly maintained by the same family for many years and now awaits its next chapter. Each unit offers over 1,400 sq ft of living space with a spacious layout featuring 2 bedrooms, a tandem room, and 1 bath, along with generous living rooms, formal dining rooms, and eat-in kitchens with ample cabinet space. Sunlight fills the interiors, enhancing the building's classic vintage character. Important improvements include a five-year-old roof, ensuring peace of mind for years to come. A detached two-car garage adds convenience, and the backyard offers green space for outdoor enjoyment. The building is currently occupied by long-time tenants, providing stable income while you plan updates or reimagine the property. Adding to its appeal, this block has only four two-flats total, creating a warm and homey neighborhood feel that sets it apart from denser streets. Because this is an estate sale, the heirs have limited information about the property. This is a fantastic opportunity for investors, rehabbers, or owner-occupants to unlock tremendous potential in one of Skokie's most convenient and desirable locations. Close to schools, parks, shopping, dining, and transportation, this property offers both location and promise. With its solid construction, quiet setting, and untapped potential, this two-flat is a true investment gem ready to be transformed. A true Skokie investment gem!

8130 Kenneth Avenue, Skokie

$810,000
6 Beds 4 Baths 12383578 MLS CLOSED Status
Luxury New Renovation - Modern 2-Flat in Prime Skokie Location Across from the Park This is not just a remodel - it's a top-to-bottom transformation. Welcome to a brand new, high-end 2-flat in the heart of Skokie, offering unmatched quality, design, and location. Each expansive unit features 3 bedrooms and 2 full designer bathrooms, thoughtfully crafted with today's modern lifestyle in mind with the basement left as a blank canvas. Short distance inside to find gleaming refinished oak floors, state-of-the-art kitchens with premium cabinetry, quartz countertops, and all brand-new stainless steel appliances. Every detail has been elevated - from the sleek fixtures to the custom tile work and finishes throughout. Both units feel like brand-new construction. Behind the walls, everything is new too: all-new electrical systems, plumbing, panels, and separate meters - fully permitted and inspected by the Village of Skokie, giving you peace of mind and long-term value. The full basement is offering a blank canvas to create a third luxury unit or expand the first floor's living space - a rare opportunity to add value and income potential. The property also includes a newly updated 2-car garage. Located directly across from McNally Park, and just close to John Middleton Elementary and Ida Crown Jewish Academy, this home combines luxury living with unbeatable convenience. Whether you're an investor looking for high-end rental income or a homeowner seeking living, this is Skokie's premier turnkey opportunity.

3542 Main Street, Skokie

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Skokie, IL · Curated MLS Search

Multi-Family Homes in Skokie, IL

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

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