Recently Sold Multifamily Homes in Chicago

Wondering what your home or multi-family property is worth? The simple answer to your question is that it’s worth whatever someone will pay for it. But how is that determined?

Say you’re getting ready to sell your three-flat. If you are looking to sell a property, you can determine a good selling price by looking at similar, recently sold properties in your neighborhood. This gives you an idea of a good listing price for your property that will generate interest from buyers.

Need to Determine Your Property Value?

Googling “My property’s value” will generate a lot of search results from all over the internet. Our Advanced Search feature provides a filter that allows you to view sold properties in any neighborhood in Chicago to provide an accurate picture of local property values.

If you’re a motivated seller with a listing agent already in place, they will use a database to help determine a good listing price. You can conduct your own search on sold homes, multifamily or condos in the area with these easy step-by-step instructions. on our website

1. Go to Advanced Search

Find the Advanced Search button on the top toolbar on our website or linked throughout our web pages.

Sold Apartment Buildings in Chicago

2. Select “Sold Search”

Sold Multifamily Properties

3. Narrow your search:

To get an accurate picture of your property’s value, search for homes that are similar to it.

Find the neighborhood of your property.
If you have a residential multi-family property (two-flat, three-flat, or four-flat), select the “Multi-res” option under the Property Type category and choose the total amount of units below.

Sold Chicago Multi-family Homes

To get a good read on the most recent property values, search for properties sold within the past 6 or 12 months under the “Sold Within” category.

Sold multifamily within 6 months

Enter the correct amount of bedrooms and bathrooms.

Results

Your narrowed search results will show the selling prices of properties like yours. If a number is in red, the property sold at or below the asking price. If it’s green, it sold for over the asking price.

Recently sold 2 flats near me

Valuing a Multi-Family Property

A potential buyer for your residential multi-family will most likely compare your property’s current rental income with properties nearby. To see rental income of properties that have sold, you can select a home and look under the section “Additional Information.” The listing agent will usually list either the gross rental income or the separate rent for each unit.

Chicago Investment properties Gross Income

If you own a residential multi-family, your property’s proximity to amenities like public transportation or shopping impacts its value for generating rental income, so it’s good to look at properties with similar accessibility to predict a good selling price. To get a better idea of where properties are situated, use the map view and click and drag.

Multi-family Home Prices

What is My Property Worth?

Although our Advanced Search feature is a great start to determining your property’s value, it only takes into account the final numbers in an ever-changing market. A professional opinion from a licensed real estate agent can give a more in-depth look into the many factors that determine your property’s value, such as shifting market demands, fluctuations in price, and home valuation. If you want a concrete, accurate home value estimate, we would be happy to help. Contact us to get in touch with one of our seasoned real estate agents and get started.

Latest Sold Listings in Chicago

$1,125,000

8 Beds ⋅ 4 Baths ⋅ 12672333 MLS ⋅ CLOSED Status

Here it is, a red brick 4-unit located just one block north of Historic Logan Boulevard in hot Logan Square! This wonderful building is situated on the corner of Francisco and Schubert, which commands amazing sunlight. This income property has been with the same owner for over 30 years. The front two sun filled units feature separate living rooms, separate dining rooms, 2 bedrooms with 1 bath, and plenty of closet space. The rear two sun filled units feature separate living rooms, separate dining rooms, 2 bedrooms and 1 bath and have a center entrance on Schubert (2905 W Schubert) for mailing purposes. The four units feature original vintage woodwork and hardwood floors, one with crown molding. The four units have separate hot water tanks and separate furnaces with central air conditioning! Tenants pay gas and electric. Coin laundry in basement. Nice big yard to enjoy and a 1 car garage with curb cut on Schubert. Building had a tear off roof installed about 14 years ago, garage roof is new. The partially finished basement has a nonconforming In-Law unit. Neither seller nor listing broker represent the legality of the In-Law unit. Unbeatable location...situated just blocks to the blue line, Kennedy expressway, Elston and Clybourn corridors, shopping, great restaurants, and of course, Logan Boulevard. Enjoy all that Logan Square has to offer. Zoned RS3 residential.

2648 N Francisco Avenue, Chicago

$805,000

3 Beds ⋅ 2 Baths ⋅ 12717863 MLS ⋅ CLOSED Status

Situated on an oversized lot in the heart of Avondale, this well-maintained two-flat has been lovingly cared for by the same long-term owners and offers exceptional flexibility for both owner-occupants and investors. The spacious owner's duplex features three bedrooms plus den, two full baths, two living spaces, and in-unit laundry. First floor unit offers two bedrooms plus a den and one full bath, making it ideal for rental income, multigenerational living, or a home office setup. The wide, deep lot provides generous outdoor space with endless possibilities for gardening, entertaining, and potential future expansion. Basement is unfinished housing mechanicals and second washer/dryer. Two car garage. Conveniently located near Avondale's vibrant restaurants, shops, parks, and public transportation. This is a rare opportunity to own a well-maintained property in one of Chicago's most sought-after neighborhoods. Zoned B3-2.

3650 W Oakdale Avenue, Chicago

$632,000

6 Beds ⋅ 3 Baths ⋅ 12684731 MLS ⋅ CLOSED Status

Here's your chance to unlock the potential of a solid multi-family property in the heart of an A+ location at the crossroads of Bucktown and Logan Square, one of Chicago's most vibrant and desirable areas. Sitting on a generous lot, this property is brimming with possibilities-whether you're an investor, developer, or a DIY enthusiast ready to bring your vision to life. The property consists of three units, two of which are currently rented, providing immediate income potential while you plan your next steps. The home offers significant potential for renovation or repositioning, with options ranging from light updates to a full transformation depending on your goals and budget. It's a fantastic opportunity to add value and maximize future income potential. Sold AS-IS. The location couldn't be better-just moments from the Bloomingdale 606 Trail, the Western Blue Line CTA station (offering direct access to O'Hare Airport), commuter rail lines, and downtown Chicago, as well as easy access to I-290. Plus, you'll be steps away from the incredible dining scene, buzzing nightlife, lush parks, and a host of beloved neighborhood amenities that make this area so sought after. Don't miss this rare opportunity to create something truly special in one of Chicago's hottest markets!

2434 W Cortland Street, Chicago

$559,000

4 Beds ⋅ 2 Baths ⋅ 12684896 MLS ⋅ CLOSED Status

Beautiful well taken care of 2 flat in the heart of Chicago's booming Avondale neighborhood! this lovingly maintained building offers an incredible opportunity for homeowners and investors alike. Located in one of Chicago's fastest-growing and most desirable neighborhoods, this property puts you minutes from trendy restaurants, breweries, shopping, parks, public transit, and easy access to the highway. Avondale continues to surge with development and appreciation-making this an exceptional investment opportunity whether you're looking to renovate, rent, or hold long-term. Don't miss out-opportunities like this. Sold as-is

3031 N Davlin Court, Chicago

$925,000

4 Beds ⋅ 2 Baths ⋅ 12737825 MLS ⋅ CLOSED Status

Here it is, a very nice brick 2-flat on a beautiful highly desired tree lined block, just steps from Historic Logan Boulevard! This building has been very well cared for and maintained by the current owner for over three decades. Roof was a tear off 15 years ago and newly coated. Second floor unit was rehabbed in 2008 and features two bedrooms, updated bath with separate shower, updated kitchen with newer appliances, nice oak hardwood floors, office/sunroom, separate living room and dining room, separate furnace with central air. This light filled unit enjoys an open concept design. First floor unit was rehabbed in 2018 and features two bedrooms, updated bath with separate shower, updated kitchen, newer floors, office/sunroom, separate living room and dining room, separate furnace, and also enjoys an open concept design. Property is ideal to owner occupy, rent, duplex down into the Semi- finished basement. Enjoy the nice backyard with brick pavers, new fence, large deck that leads into the party garage door for your gatherings and a big 2 car garage. Enjoy all that Logan Square has to offer. Close to the 90/94, Blue line, restaurants, farmers market, Elston and Clybourn corridors, and so much more, welcome to serenity.

2625 N Richmond Street, Chicago

$564,500

6 Beds ⋅ 4 Baths ⋅ 12710213 MLS ⋅ CLOSED Status

Exceptional Multi-Unit Investment Opportunity in Logan Square Don't miss this outstanding opportunity to own a classic multi-unit building in the heart of Chicago's highly sought-after Logan Square neighborhood. Built in the late 1800s, this well-maintained property offers approximately 2,398 square feet of living space on a 25' x 125' lot, making it ideal for investors or owner-occupants looking to generate rental income. Perfectly situated on a tree-lined street, the property is just minutes from neighborhood restaurants, shopping, parks, schools, public transportation, and everything Logan Square has to offer. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this property offers incredible long-term potential in one of Chicago's strongest rental markets. With its classic Chicago character, desirable location, and income-producing possibilities, this is a rare opportunity to own a multi-unit building in a thriving neighborhood. Schedule your private showing today and discover the possibilities this property has to offer! Property is being sold AS IS

1922 N Central Park Avenue, Chicago

$1,336,000

7 Beds ⋅ 4 Baths ⋅ 12690154 MLS ⋅ CLOSED Status

Fully renovated legal 3-flat in Avondale offering the flexibility to owner-occupy the duplex-down while generating rental income from the upper units or lease all three units for investment purposes. Located steps from Milwaukee Avenue's restaurants, coffee shops, shopping, nightlife, and transit, this turnkey property features extensive improvements, including new electrical, plumbing, furnaces, A/C, windows, gutters, tuckpointing, and electrical panels. Each unit blends modern finishes with timeless character, featuring exposed brick, high ceilings, abundant natural light, recessed lighting, open-concept living spaces, quartz countertops, new SS appliances and washer/dryers, white oak shaker-style cabinetry, under-cabinet lighting, and beautifully finished bathrooms with custom tile and gold fixtures. Additional highlights include an updated common hallway, fenced backyard, parking pad, and attractive neighborhood views from the upper units. Be the first to occupy this one-of-a-kind building!

3608 W Wolfram Street, Chicago

$1,200,000

4 Beds ⋅ 5 Baths ⋅ 12686705 MLS ⋅ CLOSED Status

2422 N Seminary Avenue, Chicago

$535,000

4 Beds ⋅ 2 Baths ⋅ 12588254 MLS ⋅ CLOSED Status

Lovely 2 flat in Portage Park! This well-maintained corner lot home offers exceptional value for both owner-occupants and investors. The first floor has newer stainless steel appliances, a range hood, and an in-unit washer and dryer. 2nd floor vacant by 6/30, 1st floor can be vacant by closing. The second floor was fully updated in 2019 and has been well maintained. Both units have central A/C and separate utility meters. This property also includes a 2-car garage, plenty of free street parking, and a private backyard space. Each unit has 2 separate entrances. Full unfinished basement with lots of potential. Located steps from parks, shops, restaurants, public transit and schools. AS-IS!

5758 W Warwick Avenue, Chicago

$790,000

4 Beds ⋅ 2 Baths ⋅ 12712028 MLS ⋅ CLOSED Status

Located in the heart of Avondale, 2926 N Avers Avenue is a full brick masonry two-flat that beautifully blends vintage charm with modern updates. Both spacious apartments feature 2 bedrooms and 1 bathroom, along with separate dining rooms, oversized bedrooms, large pantries, and generous three-season rooms. Original details can be found throughout the property, including beautiful wood trim, stained-glass windows, vintage doors, fireplaces, and other timeless architectural features. Updated windows add modern comfort while preserving the building's classic character. The second-floor unit features an updated kitchen with quartz countertops, custom cabinetry, and stainless steel appliances, along with an updated bathroom. The full basement offers excellent possibilities for additional storage or the potential to duplex down from the first-floor unit. Situated on an oversized lot, the property features a massive backyard with plenty of room to relax, garden, or entertain, as well as a two-car garage. This is an excellent opportunity for an owner-occupant, multigenerational household, or investor. Live in one unit while generating rental income from the other, or add a well-located multifamily property to your portfolio. Enjoy everything Avondale has to offer, with convenient access to Milwaukee Avenue, neighborhood restaurants, cafes, shopping, public transportation, the CTA Blue Line, and the Kennedy Expressway. A rare opportunity to own a spacious Chicago two-flat filled with original character, thoughtful updates, incredible outdoor space, and long-term potential.

2926 N Avers Avenue, Chicago

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