Western Suburbs

Selling a Multifamily Property in Chicago’s Western Suburbs

Western Suburbs Multifamily Expertise

If you own a 2–4 unit apartment building in the Western Suburbs of Chicago and are considering selling, the right pricing and marketing strategy can significantly impact your final sale price.

I help multifamily owners understand current market value, buyer demand, and timing, so they can make informed decisions — whether selling now or planning ahead.

Why Owners Are Selling in the Western Suburbs

Multifamily properties in the Western Suburbs (often called the West Suburbs) continue to attract strong interest due to:

  • Consistent rental demand
  • Limited multifamily inventory
  • Access to Metra and major highways
  • Desirable neighborhoods and school districts

This demand creates opportunities for owners looking to capitalize on appreciation.

How I Help Multifamily Owners Sell

Selling a multifamily property is not the same as selling a home. Buyers focus on income, expenses, and long-term value.

My role is to:

  • Price your property based on rent performance and comparable sales
  • Present your property to qualified multifamily buyers
  • Help you maximize value while avoiding common selling mistakes

Thinking About Selling?

Chicago western suburbs multifamily brokerEven if you’re not ready to list, a confidential value review can help you understand your options.

📞 Call or text Jose Hernandez at 312-788-7079

No pressure. Just clear, professional guidance.

Frequently Asked Questions from Multifamily Owners

How do I know what my multifamily property is worth?

Value is based on income, expenses, condition, location, and recent comparable sales. I provide detailed pricing guidance, not guesswork.

Do I need tenants in place to sell?

Not always. Some buyers prefer stabilized properties, while others actively seek value-add opportunities.

Should I make repairs before selling?

That depends on your goals. I’ll help you determine what improves value — and what doesn’t.

Do you work with off-market or quiet listings?

Yes. In some cases, a discreet marketing approach makes sense.

Newest Western Suburbs Multifamily Listings

$525,000
5 Beds ⋅ 3 Baths ⋅ 12756853 MLS ⋅ NEW Status
Great Opportunity to own a cash-flowing rental property in Forest Park! Brick 3-flat with a 2-car garage and additional parking right by Harlem & Roosevelt. Two units rented out with one unit vacant and available for an owner-occupant giving you the option to live in one unit or rent out all three. 1st Floor and 2nd Floor Units are 2 Bedrooms & 1 Bath each. Garden apartment is 1 Bedroom & 1 Bath. Updated kitchens, counter tops and appliances. Each unit has a dishwasher. Laundry located in basement! Storage lockers on the 3rd floor. Huge backyard with 2 car garage and 2 additional outdoor parking spaces. Walk to blue line "L" @ Circle Avenue. Easy access to expressways. Walking distance to elementary schools.

1226 Circle Avenue, Forest Park
$599,900
8 Beds ⋅ 5 Baths ⋅ 12756261 MLS ⋅ NEW Status
** STUNNING BRICK 3-UNIT BUILDING - A MUST SEE! ** **Fantastic opportunity to own this beautiful, massive brick 3-unit building in a highly desirable area!** From the moment you arrive, you will appreciate the impressive size, solid construction, and beautiful character this property has to offer. The **spacious first-floor apartment** features a breathtaking living room with a beautiful bow window, **three generously sized bedrooms**, a magnificent kitchen with a cozy dining area, and **1.5 bathrooms**. The second-floor apartment offers a very similar spacious layout with **three bedrooms, a beautiful living room, large kitchen, dining area, and 1.5 bathrooms**. The **garden apartment** offers two bedrooms and a lovely living room, providing comfortable additional living space. The property also features a **large basement with plenty of storage space and a huge laundry area**, plus a **two-car garage**- very desirable feature! Each apartment has its **own heating system**, and tenants are responsible for their own utilities, making this an attractive investment opportunity. Whether you're looking for a great **income-producing property, owner-occupied 3-flat, or long-term investment**, this property offers incredible potential and space. **Beautiful building, excellent size, great layout, and plenty of possibilities! Don't miss the opportunity to make this one yours.** **Property is being sold AS-IS and will NOT qualify for FHA financing. Buyer to verify all room sizes, dimensions, and property information.** **This is the kind of property you don't want to miss-schedule your showing today!**

1513 Maple Avenue, Berwyn
$1,100,000
8 Beds ⋅ 4 Baths ⋅ 12733311 MLS ⋅ NEW Status
Rare opportunity to own a beautifully renovated two-flat in highly sought-after North Oak Park and the Mann School District! Situated on an exceptionally large 50' x 191' lot, two massive units offer incredible living space, original architectural character, and extensive updates - an exceptional opportunity for a long-term investor or owner-occupant. This easy to rent and low-maintenance building with a prime walkable location has undergone extensive renovations and improvements since 2015, thoughtfully preserving its hardwood floors, rich woodwork, coffered ceilings, and leaded glass while updating kitchens, baths, mechanicals, and living spaces. With 8 bedrooms and 4 full baths across two spacious residences and a finished lower level, the property offers generous, flexible living space and an unusually substantial footprint for an Oak Park two-flat. The oversized lot offers a large backyard, brick paver patio, two-car garage, and additional exterior parking space - an exceptional amount of outdoor space for a multi-unit property. Located in the Mann School District and within walking distance of Oak Park Avenue, with easy access to shops, restaurants, parks, schools, and all that Oak Park has to offer. A rare combination of location, lot size, architectural character, extensive renovation, and strong income potential.

625 N Oak Park Avenue, Oak Park
$540,000
6 Beds ⋅ 2 Baths ⋅ 12750127 MLS ⋅ ACTIVE Status
Updated Brick 2-Flat on an Extra-Wide Lot near the Berwyn/Oak Park Border! This well-maintained property features two spacious 3-bedroom, 1-bath units with hardwood floors, bright living areas, modern fixtures, updated bathrooms, and large kitchens with granite countertops and stainless-steel appliances. Floor-to-ceiling block windows in living rooms provide abundant natural light. The first-floor primary bedroom includes a separate adjoining room ideal for a home office, nursery, study, dressing room, or flex space. Rehabbed in 2018 with updated plumbing and lighting. Roof and 23 windows replaced in 2021, with a new cedar fence added in 2023. The extra-wide lot features a huge fenced yard and detached 2-car garage. A full basement with two exterior exits offers additional storage and flexible-use potential. Utilities are separately metered. Prime location near Roosevelt Road restaurants and shopping, schools, CTA bus and train, Metra, and I-290. A great opportunity for an owner occupant or investor! Don't wait-schedule your private showing today before this one is gone!

1221 Home Avenue, Berwyn
$695,000
6 Beds ⋅ 3 Baths ⋅ 12749781 MLS ⋅ ACTIVE Status
Exceptional investment opportunity or owner-occupant 3-flat in highly desirable Forest Park! This well-maintained property has been thoughtfully updated with many of the major improvements already completed, including a new roof (2019), a new second-floor furnace and central A/C (2019), updated copper plumbing and PVC drain lines, and updated electrical with 100-amp circuit breaker panels serving all three units, supported by a 200-amp underground electrical service. The first-floor boiler is in place (age unknown). A gracious side yard, low-maintenance Trex decking installed in 2023, vinyl siding, 4 outdoor parking spaces plus the oversized 24' x 32' insulated and heated garage offers exceptional flexibility with 10-foot walls and an 8-foot overhead door-perfect for parking, storage, or workshop space. Located in the heart of sought-after Forest Park, this solid, well-cared-for 3-flat offers an outstanding opportunity for investors seeking a turnkey asset or owner-occupants looking for rental income. Quality mechanical updates, durable improvements, and a prime location make this a property not to be missed. Top floor unit is ready for immediate occupancy

Forest Park
$1,050,000
6 Beds ⋅ 2 Baths ⋅ 12748724 MLS ⋅ ACTIVE Status
Outstanding location for this very spacious brick 2 flat! Both units feature 3 spacious bedrooms, hardwood floors and an eat-in kitchen. These bright units have incredible space and great floor plans. Plenty of parking included with a side drive, three car garage and additional parking spaces. Outstanding storage space in the spacious basement. Great potential for owner occupied or as an investment property. Perfect location...close to parks, schools, transportation, shopping and dining.

1123 Bonnie Brae Place, River Forest
$699,000
6 Beds ⋅ 4 Baths ⋅ 12745057 MLS ⋅ ACTIVE Status
Discover brand-new construction and modern luxury in this exceptional legal two-unit building located in a prime Cicero location. Thoughtfully designed with quality, efficiency, and long-term durability in mind, this property offers an outstanding opportunity for owner-occupants, investors, or multi-generational living. The building features a total of six bedrooms and four full bathrooms. Both residences include spacious, open-concept layouts enhanced by 42-inch white shaker cabinetry, quartz countertops, designer fixtures, and stylish, durable finishes. The first-floor unit features impressive 9-foot ceilings, a bright living and dining area, two generously sized bedrooms with a shared full bathroom, and a spacious primary suite with a private bathroom. The second-floor unit offers hardwood flooring throughout and dramatic 12-foot vaulted ceilings in the living room, dining area, and primary suite-creating a bright, expansive atmosphere rarely found in comparable properties. The primary suite also includes a walk-in closet and private bathroom. Additional features include high-efficiency furnaces, central air-conditioning systems, separate 50-gallon water heaters, an attic insulated to R-60 with additional storage for the upper unit, and a large rear parking pad accommodating up to four vehicles, The Property is equipped Pro line 4 sides 24x7 video security system. Built for lasting comfort and lower operating costs. Conveniently located near transportation, shopping, schools, and other neighborhood amenities. There is truly nothing else like it currently available in the area. Schedule your private showing today and experience the quality for yourself!

5326 W 31St Street, Cicero
$580,000
6 Beds ⋅ 5 Baths ⋅ 12744771 MLS ⋅ ACTIVE Status
Investment opportunity in Bellwood. This brick 4-unit property offers four separate units, a full basement, and exterior parking. The property is in need of updates and offers an opportunity for an investor looking to renovate and add value. Conveniently located near local shopping, schools, transportation, and major roadways. Property is being sold as-is.

645 23Rd Avenue, Bellwood
$729,900
4 Beds ⋅ 4 Baths ⋅ 12744243 MLS ⋅ ACTIVE Status
INCREDIBLE Investor opportunity in the heart of highly desirable La Grange! With BOTH UNITS now leased, this well-maintained two-flat offers an excellent opportunity for an investor looking to add an income-producing property in a prime location to their portfolio. Enjoy rental income from day one while owning a property with outstanding long-term appeal and future potential. Just blocks from vibrant downtown La Grange, Metra, award-winning schools, parks, restaurants, and shopping, the location is hard to beat. Each unit offers a spacious and functional layout filled with character and charm. Beautiful hardwood flooring, abundant natural light, and a welcoming fireplace highlight the main living areas, while versatile additional space provides additional flexibility for a home office, reading room, playroom, or hobby area. The second level includes two generously sized bedrooms and an additional full bathroom, while the third floor offers a large partially finished space with numerous possibilities for additional living space, recreation, workspace, fitness, or storage. The unfinished basement provides laundry facilities and an abundance of storage space. Outside, you'll find a spacious backyard with plenty of lawn area for relaxing, entertaining, or enjoying time outdoors. Surrounded by beautifully maintained homes in one of La Grange's most sought-after neighborhoods, this property combines existing rental income, classic character, generous living space, and an unbeatable walk-to-everything location. With both units leased and tenants already in place, this is a fantastic opportunity to acquire an established income-producing property in a community where investment opportunities like this don't come along often.

44 N Spring Avenue, La Grange
$649,900
7 Beds ⋅ 3 Baths ⋅ 12717975 MLS ⋅ ACTIVE Status
Exceptional opportunity to own a substantial two-flat on a rare 53x179-foot-deep lot, one of the largest residential lots in Forest Park. This well-maintained property offers 7 total bedrooms across three finished levels, including a spacious first-floor unit duplexed to the finished basement, creating flexible living space. Both units feature individual forced-air heating and central air conditioning, in-unit washers and dryers, and tenants pay all utilities except water and garbage. The second-floor lease increases to $2,075/month beginning August 1, 2027, through March 2028, providing strong rental income. Outside, the expansive fenced yard is complemented by a HUGE 4-car garage with an attached workshop and a screened patio, offering exceptional storage and outdoor space. Major improvements include the main building roof (2016) and garage roof (2024). Owned and maintained by the same family for decades, this property has a history of long-term tenancy and presents an outstanding opportunity for investors or owner-occupants seeking a large, income-producing property with significant outdoor space and parking in Forest Park.

1034 Dunlop Avenue, Forest Park
$999,000
10 Beds ⋅ 6 Baths ⋅ 12737612 MLS ⋅ ACTIVE Status
Fantastic Long Term Investment Opportunity! Cornerrick Building that has been fully gutted and fully remodeled! About $100,000 in Gross Rents!! Amazing location just 1 block from all the shops and restaurants on the Cermak Retail Corridor and 1.5 blocks from the CTA Train Stop! Easy to get downtown without driving! Great size bedrooms, with brand new kitchens, appliances, bathrooms, windows and so much more!

2301 S Laramie Avenue, Cicero
$550,000
6 Beds ⋅ 2 Baths ⋅ 12734566 MLS ⋅ ACTIVE Status
Welcome to this beautifully fully rehabbed brick multi-unit offering space, versatility, and strong income potential. This thoughtfully renovated property features a bright, open layout with fresh paint, updated flooring, and contemporary fixtures throughout. The brand-new kitchen showcases sleek cabinetry, updated countertops, and modern appliances. 3 Spacious bedrooms in each unit that provide ample natural light and closet space, while the updated bathroom(s) feature clean, modern finishes. All major improvements give peace of mind, making this home ideal for buyers seeking quality craftsmanship and turnkey living. Located near shopping, dining, schools, and public transportation, this home offers both convenience and comfort.

1232 S 51St Avenue, Cicero
$569,000
5 Beds ⋅ 3 Baths ⋅ 12732902 MLS ⋅ ACTIVE Status
Located in a Prime Area, this 3 Flat features a large over sized 3 car garage, new windows/siding, updated baths, deck overlooks wooded lot. 2 units have an additional den off one of the bdrms for more space. plus original fireplaces/built ins/ hardwood floors. 3rd unit is a spacious garden apartment w/ 1 bdrm., updated kitchen, hardwood floors.

3643 Clinton Avenue, Berwyn
$535,000
6 Beds ⋅ 2 Baths ⋅ 12725954 MLS ⋅ ACTIVE Status

1318 S 61St Avenue, Cicero
$550,000
6 Beds ⋅ 2 Baths ⋅ 12729865 MLS ⋅ ACTIVE Status
Don't miss this opportunity to own an investment property to generate extra Income or enjoy multi-family living. Family owned building since 1954. The estate is selling this brick two flat with good bones, which offers many possibilities. Each unit features a convenient layout with three generous sized bedrooms, one bathroom, living room, dining room, and large eat-in kitchen. Basement has a large laundry, utility, and storage area, and a recreation room with a fireplace. The flat has radiant heat flooring in the basement, levels 1 & 2 has radiant heat in the ceiling. Boiler heat, hot water heater (2017) and 2 wall AC units. Exterior has a two-car garage. Convenient location with easy access to major expressways, both airports, commuter trains, parks and bike paths. Minutes from, Westchester Park District & Pool, shopping and restaurants. Estate, sold as-is, buyer is responsible for the village repairs.

10309 Chaucer Street, Westchester
$1,850,000
4 Beds ⋅ 9 Baths ⋅ 12678128 MLS ⋅ ACTIVE Status
No other multifamily properties offer this combination of location, design, construction quality, and financial return. Completely rebuilt in 2016, this architecturally distinctive three-unit property also includes a fourth unit in the English basement, providing additional income potential. Occupying a prime location in one of Elmhurst's most desirable residential neighborhoods, the property features luxury finishes, independent mechanical systems, premium building materials, and exceptional tenant amenities. This is a rare opportunity to acquire a truly distinctive, legacy-quality investment asset. Situated on a beautifully landscaped and irrigated oversized 75' x 170' lot in a quiet neighborhood of predominantly single-family homes, the property is ideally located just five blocks from downtown Elmhurst, the Metra commuter station, and Elmhurst University. This highly sought-after location continues to attract quality tenants and supports long-term value appreciation. With approximately 4,700 square feet of living space, the building offers six bedrooms, six full bathrooms, and three powder rooms across three exceptionally appointed residences. Each unit has been designed with a focus on comfort, privacy, and convenience, featuring independent natural gas HVAC systems, dedicated hot water heaters, natural gas fireplaces, in-unit washers and dryers, ensuite bathrooms, front-door communication systems, and dedicated internet and cable distribution hubs. Interior finishes include oak hardwood flooring, select carpeting in bedrooms, granite countertops, custom cabinetry, premium fixtures, and upgrade appliances throughout. Additional features further distinguish the property, including a detached three-car garage with individual access, parking for two vehicles per unit, front and rear secured entry halls, a pergola with natural gas BBQ connection, an automatic snow-melt system serving the front walk and porch, low-maintenance James Hardie fiber-cement siding, Marvin double-hung windows, and solid wood interior doors. Meticulously maintained and thoughtfully improved, this turnkey asset offers investors the rare opportunity to acquire a high-quality multifamily property with exceptional construction, enduring tenant appeal, and strong financial performance in one of Chicago's most desirable suburban communities. Current operating income provides a CAP of 5.45% at the asking price.

296 N Maple Avenue, Elmhurst
$1,100,000
8 Beds ⋅ 4 Baths ⋅ 12726266 MLS ⋅ PRICE CHANGE Status
Welcome to 534 S East Ave, Oak Park, IL - an outstanding multi-family property on a double lot offering endless potential for investors or owner-occupants alike. Experience an unparalleled blend of high-end design and investment versatility in this meticulously maintained multi-unit residence. The crown jewel of the property is the owner's duplex, a sprawling five-bedroom, three-bathroom sanctuary that has been elegantly curated with designer finishes. At its heart sits a gourmet chef's kitchen, perfectly complemented by soaring ceilings and rich hardwood floors that flow throughout the entire building. The second floor offers a spacious three-bedroom, one-bathroom apartment with in unit laundry ideal for high-end rental income or a multi-generational living arrangement. With expansive closet space and premium architectural details, this property represents a rare opportunity for the discerning buyer looking to secure a sophisticated home with significant equity potential. Located in a sought-after area of Oak Park, this property places you in the heart of a vibrant community with access to local amenities, shopping, dining, and entertainment. The charm and character of the neighborhood are unmatched, perfectly complementing the appeal of this versatile unique residence.

534 S East Avenue, Oak Park
$639,999
5 Beds ⋅ 3 Baths ⋅ 12710234 MLS ⋅ ACTIVE Status
Full Gut Rehab Two-Unit Investment Opportunity! Everything is brand new in this beautifully renovated multi-unit property, including electrical, plumbing, HVAC. The first-floor unit is duplexed to the lower level, featuring 3 spacious bedrooms, 2 full bathrooms, a bright living room, and a large family room in the finished basement. The second floor unit offers 2 bedrooms and 1 full bathroom.

5009 W Ogden Avenue, Cicero
$710,000
7 Beds ⋅ 3 Baths ⋅ 12716444 MLS ⋅ ACTIVE Status
Don't miss this opportunity to own a classic Victorian three-flat in the heart of Oak Park's renowned Frank Lloyd Wright Historic District. Rich in architectural character, each unit features soaring ceilings, original crown molding, hardwood flooring, and updated tile bathrooms. Recent improvements include a new roof and gutters (2017), new boilers (2025), and a freshly painted exterior (2025). Each unit has an assigned washer and dryer, and all utilities are separately metered. Situated on a picturesque, tree-lined street, this exceptional location is just steps from the Green Line, Trader Joe's, Whole Foods, Downtown Lake Street, shopping, dining, and more. While there is no overnight parking on-site, a community parking garage is conveniently located just one-half block south of the building. With no vacancies in the past 15 years and a strong, desirable rent roll, this property presents an excellent opportunity for investors or future owner-occupants. The property is being sold as-is. All units are currently leased through next year, and the existing leases must be honored by the new owner. Owner occupancy is possible once a unit becomes available in accordance with the lease terms. Cash or conventional financing only. This is a rare opportunity to acquire a stable, income-producing property with classic Victorian charm in one of Oak Park's most sought-after historic neighborhoods.

227 N Marion Street, Oak Park
$739,900
9 Beds ⋅ 6 Baths ⋅ 12708661 MLS ⋅ ACTIVE Status
Massive Fully Cicero-Compliant Mixed-Use Building. This impressive mixed-use property offers a perfect blend of residential and commercial opportunities in a highly desirable Cicero location. The building features three spacious residential units on the top floor and a large 3,680 sq. ft. commercial space on the ground level. Residential Units: Front Unit: open-concept kitchen, dining room, and living room with 3 bedrooms and 1 full bathroom. Middle Unit: Comfortable layout with 2 bedrooms, a full kitchen, living room, dining room and 1 full bath. Rear Unit: Generous living space featuring a kitchen, dining room, living room, 4 bedrooms, and 1 full storefront. This property offers exceptional income potential with multiple residential units and versatile commercial space- fully compliant with Cicero building regulations. Perfect for investors or owner-operators looking for a mixed-use opportunity with strong upside.

4915 W 30Th Street, Cicero
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