South Chicago, Chicago IL · Curated MLS Search

Multi-Family Homes in South Chicago, Chicago IL

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

Browse Active Listings

South Chicago Market — Multi-Family Homes Comparison

Live MLS data — South Chicago vs. Multi-Family Homes

South Chicago
Multi-Family Homes
inventory
Active Listings
119
26
Sold (Past 6 Mo.)
121
44
Under Contract
40
12
pricing
Avg. List Price
$198,303
$281,647 ↑ 42%
Cost / Sq. Ft.
$129
—
typical home
Living Area
1,739 ft²
—
Avg. Beds
4.9
7.0 ↑ 44%
Avg. Baths
2.5
3.2 ↑ 27%
Days on Market
113
94 ↓ 16%

Multi-Family Homes in South Chicago: Market Data

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

As of October 20, 2026, Chicago Real Estate Source's review of MLS data shows 26 active listings for South Chicago multi-family homes, and the median listing had been on the market 56 days. These listings made up about 22% of the 119 active listings in South Chicago, across every property type. At the time, 12 more were pending, and 44 sold in the past six months, roughly 7 a month. At that pace, there are about 3.5 months of supply, which is generally considered a seller's market. The median asking price was $272,000. That price was $107,000 above the $165,000 median for all active listings in South Chicago, across every property type. The middle half of the listings fell between $189,000 and $371,000. The average listing had 7.0 bedrooms and 3.2 bathrooms. If you're buying, it pays to be ready when a new listing comes up. If you're selling, low supply is working in your favor.

Multi-Family Homes in South Chicago, Chicago IL, October 20, 2026
MeasureValue
Active listings26
All active listings in South Chicago, every property type119
Under contract12
Sold, past six months44
Months of supply3.5
Median list price$272,000
Middle half of list prices$189,000 to $371,000
Median list price, all South Chicago listings$165,000
Median days on market56

Multi-Family Homes in other neighborhoods

Market questions

How many South Chicago multi-family homes are on the market?

There were 26 South Chicago multi-family homes for sale as of October 20, 2026, based on Chicago Real Estate Source's review of MLS data.

What is the median price of South Chicago multi-family homes?

The median list price of South Chicago multi-family homes was $272,000 as of October 20, 2026.

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

The middle half of active listings for South Chicago multi-family homes was priced between $189,000 and $371,000.

How long have South Chicago multi-family homes been on the market?

The median listing for South Chicago multi-family homes had been on the market 56 days as of October 20, 2026.

How do South Chicago multi-family homes stack up against other neighborhoods?

As of October 20, 2026, there were 26 South Chicago 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, Cicero had 35 multi-family homes for sale at a median list price of $429,000 and Logan Square had 29 multi-family homes for sale at a median list price of $825,000.

Are South Chicago multi-family homes priced above or below the South Chicago median?

The median list price of South Chicago multi-family homes, $272,000, was $107,000 above the $165,000 median for all active listings in South Chicago, across every property type.

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

With 26 active listings and roughly 7 sales a month, supply of South Chicago multi-family homes stood at about 3.5 months, which is generally considered a seller's market.

Listing data courtesy of Midwest Real Estate Data LLC.

Next Steps in South Chicago, Chicago IL

View All South Chicago Chicago IL Multi-Family Homes Listings

8757 S Marquette Avenue, Chicago
$330,000
9 Beds ⋅ 4 Baths ⋅ 12772409 MLS ⋅ ACTIVE Status
Excellent investment opportunity in the heart of South Chicago! This solid 3-unit building offers strong income potential and long-term value for both seasoned investors and owner-occupants. First floor front unit offers 1 bedroom and 1 bath. First floor rear unit offers 3 bedrooms and 1 bath. While the second floor unit offers 5 bedrooms 1 and half bathrooms, living room and 2 dining rooms, or 2 living rooms and 1 dining room, your choice with the spacious layout with bright living areas. The property provides a versatile setup-live in one unit while renting out the others, or maximize cash flow by leasing all three. The building sits on a quiet, residential block and includes a large backyard space perfect for outdoor enjoyment as the property sits on 3 lots, along with convenient parking options. With separate utilities and well-proportioned units, this property is ideal for easy management and consistent rental income. The roof was done in 2018 and water heaters replaced in the last 3-5 years. Located near schools, parks, shopping, and public transportation, tenants will appreciate the accessibility and neighborhood feel. Easy access to major roadways makes commuting a breeze. In addition to the proximity of only 5 minute drive to QUANTUM SHORE which is a project that is expected to bring thousands of jobs the next decade. Whether you're looking to expand your portfolio or secure a multi-unit property with great upside, this is a fantastic opportunity you won't want to miss!

8757 S Marquette Avenue, Chicago

8612 S Burnham Avenue, Chicago
$489,700
8 Beds ⋅ 4 Baths ⋅ 12734871 MLS ⋅ PRICE CHANGE Status
Calling all HOUSE HACKERS, OWNER-OCCUPANTS & INVESTORS! This legal 3-unit in South Chicago has been completely gut rehabbed, offering the opportunity to step into a finished multifamily property without taking on a renovation project. Live in one unit while generating income from the others or lease all three and add a turnkey property to your rental portfolio. The property features (2) 2-bedroom/1-bath units and (1) spacious 4-bedroom/2-bath unit, totaling 8 bedrooms and 4 bathrooms. Based on projected rents of approximately $1,700/month for each 2-bedroom unit and $2,900/month for the 4-bedroom unit, the property has the potential to generate approximately $6,300/month or $75,600 annually in rental income when fully leased. Immediate equity in the property. Appraised over asking. Projected rents are estimates and should be independently verified by the buyer. The extensive gut renovation includes new electrical, new plumbing, a new HVAC system with central air conditioning, new kitchens and bathrooms, updated flooring and a new rear porch. Kitchens feature a modern two-tone design with white upper cabinetry, black lower cabinetry, granite countertops and stainless-steel appliances. The property is a legal 3-unit with separately metered units. There is also potential to generate income beyond the three residential units. The basement includes three separate storage spaces that could potentially be rented, along with a laundry hookup allowing the next owner to add coin-operated laundry for tenant use. The rear parking pad provides off-street parking and another potential source of income. Beyond the property, South Chicago is in the midst of significant reinvestment and transformation, with major residential, commercial, healthcare and technology projects moving forward throughout the area. Thrive Exchange represents approximately $100 million in community investment around the 79th and Exchange corridor, bringing new housing, homeownership opportunities, retail, healthcare and other neighborhood improvements. The SACRED development at 92nd and Burley is adding 81 apartments, approximately 6,000 square feet of commercial space and additional parking. One of the largest transformations is underway along the South Chicago lakefront at the former U.S. Steel South Works site. The 440-acre Quantum Shore master plan includes the 128-acre Illinois Quantum & Microelectronics Park, with major public and private investment aimed at creating a new technology and innovation district along the lakefront. Adding to that investment, Advocate Health Care has broken ground on a new $300 million state-of-the-art hospital at the former South Works site as part of its broader $1 billion investment in healthcare across Chicago's South Side. The new hospital is planned to provide inpatient, emergency and specialty care and is expected to open in 2029. Together with the quantum campus, new housing, commercial development and other neighborhood investments, these projects represent a substantial long-term commitment to the continued redevelopment of South Chicago. Residents also have convenient access to Rainbow Beach, the lakefront, Metra, public transportation, neighborhood amenities and major roadways. For a house hacker, this is an opportunity to live in one unit while income from the remaining units helps reduce housing costs. For an investor, the property offers three residential income streams plus additional revenue potential through storage, laundry and parking-all within a completely renovated legal 3-unit in a neighborhood experiencing significant ongoing investment.

8612 S Burnham Avenue, Chicago

7955 S Manistee Avenue, Chicago
$395,000
9 Beds ⋅ 3 Baths ⋅ 12726116 MLS ⋅ CLOSED Status
Whether you're looking to grow your investment portfolio or live in one unit while generating rental income from the others, this well-maintained three-unit building is an opportunity you won't want to miss. Each spacious unit features 3 bedrooms, 1 bathroom, a large outdoor space, and functional layouts designed for comfortable living. Unit 2 is vacant and move-in ready, making it ideal for an owner-occupant or for leasing at current market rents. Unit 1 is leased through January 2027, and Unit 3 is leased through August 2027, providing immediate rental income with established tenants already in place. Built in 2007, this newer-construction multi-family property offers many of the benefits buyers appreciate, including more modern systems and finishes than many of Chicago's older multi-unit buildings. The property has been well maintained, allowing the next owner to focus less on major updates and more on enjoying the investment. The location adds even more to the opportunity. Enjoy convenient access to shopping, restaurants, parks, schools, public transportation, major roadways, and Chicago's lakefront, while being positioned near some of the South Side's most significant current and future investments. Nearby developments include the Obama Presidential Center in Jackson Park and Quantum Shore, the massive lakefront redevelopment of the former U.S. Steel South Works site that will include the Illinois Quantum and Microelectronics Park and major technology investment. Combined with established neighborhood amenities and continued investment throughout the surrounding area, there's plenty happening in this part of Chicago. Whether you're house hacking, expanding your rental portfolio, or looking for a turnkey investment with income already in place, 7955 S. Manistee Ave. offers a compelling combination of space, income potential, newer construction, and location. All that's missing is YOU!

7955 S Manistee Avenue, Chicago

Start Your Search



The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2026 MRED LLC. All rights reserved.

Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Some listings have been excluded from this website.