Chicago IL Real Estate & Commercial for Sale

Excellent opportunity to own this all brick 6 unit building. It is Fully rented. and ideally located just blocks from Lake Shore Drive to Downtown Chicago

Welcome to an exceptional development opportunity located at the southeast corner of Division & Kimball. This prime site, measuring 48x111, presents the perfect canvas for a lucrative real estate venture. Proposed is a center entrance 6-unit condominium building, promising an attractive finished gross sale projection of $2,000,000. This project offers the potential for substantial returns on investment. Furthermore, environmental concerns have been addressed, with underground storage tanks responsibly removed in 1999. Removal reports are available upon request, ensuring transparency and compliance with regulations. Currently occupying the premises is a auto repair shop featuring 5 bays, a lobby, and a half bath. It is important to note that the property is tenant-occupied on a month-to-month basis, and therefore, discretion is advised to not disturb the tenant.

Located at a busy corner, this property offers great visibility, especially with its close proximity to a hospital and just 10 minutes from Ukrainian Village. It's an attractive investment, with residential units potentially renting for $1,650 each and commercial spaces at about $15/sq ft monthly. Take advantage of zoning for outdoor ads to boost income. There's also room to increase profits with short-term rentals or Airbnb, ideal for nearby medical staff. Consider a ghost kitchen to serve the hospital crowd. This is a prime opportunity for a high-earning investment. This is a total gut - Sold AS IS. Lot next door included in the price!

New construction investment! Perfect to buy and hold this cash flowing property with no work needed. Rents are great- listed at a 6% cap rate. Solid commercial tenant on the first floor Glow with long term lease in place. 6 units, 5 residential and one commercial, 2-3 parking spaces. Mix of 2 bed/2 bath and 3 bed/2 bath apartments. All have central AC, laundry in unit, walk in closets, king size bedrooms. High end modern finishes throughout. Full unfinished basement with room to expand.

This mixed used property in Humboldt Park is a great investment opportunity. This mixed used property retail space is currently occupied by a beauty supply store. The property's prime location in one of Chicago's most vibrant neighborhoods, busy area with diverse range of amenities, restaurants and more.

The unique opportunity to acquire a meticulously maintained 19-unit walk-up building in the Greater Grand Crossing neighborhood of Chicago. This exceptional property features spacious all two-bedroom units, each offering 1,000 sq f of living space adorned with beautiful hardwood floors. The property has undergone several notable improvements, including newer windows, all copper plumbing, a high-efficiency boiler, updated electric systems, a new fence, and recent tuckpointing and security cameras. There is potential for a significant increase in rent amount achieving a 12.2 cap rate, with the possibility to use an existing management company Taty Management. Conveniently situated just 9.3 miles south of Chicago's downtown loop area. It is located near "Chicago Transportation Authority" (CTA) 69th Street Red Line train station, ensuring easy commuting options for residents. Additionally, the proximity to the I-94 Expressway and several CTA bus stops, including 24, 67, and 167 routes.

Great opportunity for the new or seasoned investor to acquire this 6-unit income-generating property. This property offers solid cash flow, has upward potential of 14% cap rate, and an upward potential of cash on cash return of 32%. The property has a new back porch (1-year old). The adjacent parking lot with separate PIN, 5 parking spaces, and a 2.5-car garage can generate additional income. Professionally managed. Being sold as-is. Four of the 6 units are currently leased. Perfect for the owner-occupant situation! Showings by appointment only. The property won't last long, schedule a showing today!

Fabulous corner location in residential neighborhood. Great visibility. Beautiful half-round windows are echoed on the interior as architectural features of the property's walls. This potential-filled location is distressed, and awaits your purpose. City services of electricity, heat, water are not connected. Bring your flashlight to tour. Buyer responsible for back taxes and any city fines. Taxes Due for Multiple Years. Due as of 4/1/24: 2021 - $17,005; 2022 - $14,514; 2023 - $7,152

Incredible Opportunity to Own a Value-Add Mixed Use Property on an Oversized Chicago Lot in rapidly appreciating North Center and coveted Coonley School District!!! This property currently consists of Two Individual Storefronts and Four Residential Apartment Units. East Storefront is vacant as well as 1 studio apartment. All four other units including one commercial space and three residential apartments are Month-To Month. Great site for tear down and new development construction in highly desirable CPS Coonley School District!!! Residential Units are a mix of 1 Bedroom and Studio Units!!

Two storefront located in high traffic area! Ready to set up new business in former laundromat with great tenant already in place. Has Central A/C & Heat. Parking lot behind building. Roof redone every 4 years by owner. Has lots of potential!

One of the spaces available for rent and four parcels for sale in high traffic area by expressways and airport. Excellent place to rent and/or income-producing property. * For Sale or Lease * Industrial/Flex Zoning * High Traffic Laurence Road * On-Site and Street Parking * Near Expressways and O'Hare Airport * Four parcels in the portfolio * Flex Terms * Set-up for Printing or Customize for your business or Redevelopment Potential Contact LA for details.

Great location! Modern style retail/office condo For sale on Ashland Ave. Approx. 1700 square feet, zoned B1-2. High end, modern finishes. Full bathroom with shower ,12 foot+ ceilings. Large storefront windows provide great visibility. neighborhoods. Perfect for small retail/office/services. This unit also features a lofted living space in the back perfect for work live space! Must See contact listing agent for showings!

Perfect Property For New And Experienced Investors! Don't miss out on this newly remodeled building that features 6 apartments and 8 retail/office storefronts equalling 15 income producing units. The 6 residential units are one 2bed/1bath, and five 1 bed/1bath. 5 apartment units have been renovated with individual gas forced heat and hot water heaters. 8 storefronts also have gas forced heat and central air. Tenant Pays cooking gas, heat, elec. Owner pays ins, tax, water. Conveniently located to Metra 79th St Station and Interstate. Walk into this deal with equity! Property located in a opportunity zone area so there are many city grants available. There is potential for more income once the 2 vacancies are filled. 2 apartments are vacant. There has been a ton of work and repair done due to the city of Chicago violations. There is still a few repairs and updates the new owner will need to take over which is why we are selling at a discount. please contact me if you have any questions.... we have started the process with attorney to challenge the taxes and get a reduction in yearly taxes.... Opportunity Zone and tons of Equity! buildings are selling for close to 1 million plus attached is the OM with the rent roll and comps

Two-story commercial building for sale/redevelopment. High visibility with 150' of frontage on high traffic North Avenue (22,700 vehicles per day). 24,352 SF above-grade building. The building includes 5 ground-level retail spaces (3 leased and 2 vacant). H&R Block is a tenant at this location. Second level is unfinished, raw space with 3 washrooms. Convert the second level into apartments for additional income! There is also an unfinished basement for storage and mechanicals. 15 to 20 parking spaces in rear. Explore the possibilities of this dynamic property!

Significant investment opportunity ideally located in Heart of Lakeview. Situated just steps from a countless number of national big box retailers and local hot spots this mixed-use property is ideal for investors and end users alike. The immediate location is an A+, high traffic area, ideal for foot traffic, signage & advertising. The property consists of a 2000ft commercial storefront with multiple office areas, 2 bathrooms, a kitchen space and a finish lower lvl. The upper floor floors consist of two Newly Renovated 3 bed/2bath rental units with access to private outdoor space. The 2 car attached garage is located on-site in the rear of the building with an oversized door for extra large vehicles. Amazing opportunity!

Located in a Trending Neighborhood near Rogers Park, on Touhy, just west of Rockwell. Self-managed, single story, brick building with ample parking in the rear (12 spaces) and five storefronts on Touhy Avenue. Current tenants in place: R&B Tire Shop (16+ years), Menchies (16+ years), Aiki Budo Center (Brand New Build out) and one vacant storefront to lease or owner/user. Utilities are separately metered, renters pay for gas and electric; each unit has individual HVAC; Landlord is responsible for snow removal and landscaping. Well maintained building with recent updates: two storefront roofs were replaced, recently tuckpointed, exterior was repainted in 2020, recently repaved parking lot. 1.2 Miles to the Rogers Park Green line train station, multiple bus stops and Divvy stations plus close access to the Expressway and Lake Shore Drive. Area tenants include: Autozone, Buckingham Rehabilitation Care, Ann Blitstein Teachers Institute, North View Dry Cleaners, Pearly Whites Dental, Andres Roofing, A Gentle Wind Florist, 7-Eleven and much more!

This small storefront is located on busy corner on 87th st! This building is need of a full rehab. Building includes some Kitchen Equipment, Ansul System, and Exhaust Fan hood. A great start for any new restaurant or catering kitchen! It also features a side gate with private parking for easy loading/unloading or employee parking. Come check out this small space with BIG possibilities!

Get ready to embark on an exhilarating investment journey or fulfill your dreams of becoming a successful owner-user! This exceptional property in the heart of Chicago presents an exciting opportunity in the retail sector, specifically tailored for a dynamic restaurant concept. Spanning an impressive 8,036 square feet and boasting a charming vintage charm dating back to 1928, this property offers the perfect canvas for your culinary vision. With its prime location and versatile layout spread across two stories, the possibilities are endless. Imagine the thrill of transforming this vacant space into a thriving culinary hotspot, drawing in patrons with its unique ambiance and delectable offerings. Whether you're an experienced investor seeking to add to your portfolio or an ambitious entrepreneur ready to make your mark, this property is your ticket to success. Priced at $3,500,000 with a competitive price per square foot of $436, this gem awaits its next visionary owner. With zoning permits in place (B4-2, Chicago) and ample parking for 10 vehicles, including 1.24 spaces per 1,000 square feet leased, convenience meets opportunity on Fullerton Ave. Don't miss out on this chance to own a piece of Chicago's culinary landscape and carve your path to prosperity. Seize the moment and turn your restaurant dreams into reality at this iconic address with 75 feet of frontage on bustling Fullerton Avenue.

Great investment! First time on the market in 35 years. Recently remodeled interior. Vacant! Edison Park business district! This huge and vacant property is easy show. 2500 sq ft of space. Two full baths with storage. Two parking spaces in back of building (new concrete driveway recently done), alley access. Newer roof! Close to highway, and Metra. Easy to show!

7322 S. Kingston, a legal 5-unit located in Chicago's South Shore neighborhood. The subject property comprises five spacious 1 bedroom 1 bath units. The units offer predominantly hardwood floors and standard finishes in the kitchen and bathrooms. The second-floor units have individual furnaces, while the first-floor units have baseboard hot water with individual boilers, resulting in all tenants paying for their separate heat. The property has been maintained on a need-by-need basis, and the porches were replaced in 2018. The rent has not been raised since the property was purchased in 2016. 7322 S. Kingston presents a value-add opportunity to a qualified investor by updating the units with modern finishes and bringing the rents up to market. This has the potential to increase the existing CAP Rate to over 8.5% and a CoC return of 11%. *Note* The pictures show a vacant unit renovated in early 2024. It has remained vacant for showing purposes. This is to give the buyer a vision of what the other units can look like. The other units have not been renovated to this caliber. The Offering Memorandum is available upon request. Please email or call listing agent.

Excellent chance for investors! Located in the sought-after Northside area of Chicago, this Starbucks presents a prime investment opportunity. Total rentable area of 2,149 square feet on a 0.62-acre of land. The property is fully leased to Starbucks with a lease term of 10 years with four 5 year renewal options. Its advantageous corner position is complemented by 14 parking spaces and a convenient drive-thru.