Chicago Multi-Family Homes & Flats for Sale
The two-flat and three-flat are Chicago’s signature building type, and they are the reason house hacking works so well here. Live in one unit, rent the others, and the building carries a large share of the mortgage.
Owner-occupied financing is the lever. A two-to-four unit building you live in can often be bought with far less down than an investment purchase of the same property, which is what makes this a realistic first move rather than a later one.
The listings below are active Chicago residential income properties, pulled live from the MLS.