Skokie, IL Multifamily Homes & Duplexes for Sale
About Skokie



Named for the Potawatomi word for "marsh," the Village of Skokie was primarily farmland before its residential development in the early 20th century. After World War II, thousands of Jewish immigrants took refuge in the predominantly German-Luxembourger community. By 1978, Skokie was home to more than 7,000 Holocaust survivors — more than any other Chicago suburb. This history is reflected today in its locally owned businesses, thriving synagogues and Holocaust museum.
"Skokie today has a diverse range of people, so you'll have neighbors from ...
Home Trends in Skokie, IL
On average, homes in Skokie, IL sell after 22 days on the market compared to the national average of 47 days. The average sale price for homes in Skokie, IL over the last 12 months is $417,648, up 5% from the average home sale price over the previous 12 months.
Home Trends
In Skokie, there are currently 10 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $519,500 to $6,200,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Skokie is $419,900, while the average sale price is $417,648, offering insights into the local housing market. On average, multi-family homes spend 22 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Skokie, IL.
Skokie Types of Homes for Sale
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