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Chicago IL Real Estate & Commercial for Sale

34 Properties Found

The median home value in Chicago, IL is $312,000. This is higher than the county median home value of $285,000. The national median home value is $308,980. The average price of homes sold in Chicago, IL is $312,000. Approximately 40% of Chicago homes are owned, compared to 48% rented, while 12% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Chicago real estate agent to arrange a tour today!
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1–25 of 34 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
12063065
Type:
Multi-Family, Business Opportunities
Year built:
1914
A broker reciprocity listing Courtesy: Kiser Group Realty Inc
View additional info

9901 S. Ewing Ave is an Eleven (11) unit building in the East Side neighborhood of Chicago. The building is located a block from I-90, providing quick access to Chicago's downtown. The building also sits three blocks west of Calumet Park, which provides beautiful views of Lake Michigan. 9901 S. Ewing is conveniently comprised of two (2) retail spaces, five (5) 2Bd/1Ba, and four (4) 3Bd/1Ba units. Two (2) of the 2Bd/1Ba units are located in the coach house in the rear of the building. The building is fully vacant, presenting a potential buyer with the opportunity to gut renovate the property and assume rents at market.

Beds:
n/a
Baths:
Sq.Ft.:
3,132
Status:
Active
MLS#:
12034374
Type:
Multi-Family, Business Opportunities
Lot size:
0.07 Acres
Year built:
1888
A broker reciprocity listing Courtesy: Compass
View additional info

((Motivated Sellers just Dropped the price!)) Really Decent looking property with some Good Value Add, (still needs a bit of work)... ((8 unit / But its a Legal 6 unit & There's 2 Buildings on the property)). The property is located in South Chicago directly across the street from Bessemer Park with a great swimming pool and tennis courts and right around the corner from Baker College Prep. Several units have been renovated being unit 1B, 2B, 3A, 3B and the coach house units. All the decks have been updated and are to code. The building has some newer windows that have been installed over the past few years. The property does not have any violations and will pass all inspections. All utilities are separate and paid for by the tenants. The building is sitting at a decent cap rate of 7.14% now and that's with only 4 of the 8 units rented & occupied. If all units are rented & occupied the cap rate would be at least a solid 14% conservatively. ((48 HOURS NOTICE IS REQUIRED FOR ALL SHOWINGS PER ILLINOIS TENANTS RIGHTS))

Beds:
n/a
Baths:
Sq.Ft.:
11,000
Status:
Active
MLS#:
12025707
Type:
Retail, Business Opportunities
Lot size:
0.13 Acres
Year built:
1955
A broker reciprocity listing Courtesy: Pearson Realty Group
View additional info

We are offering a 11,000 square foot (5,500 1st floor, 5,500 lower level), completely renovated and secured, single story, brick freestanding building with full basement. Renovations include first-floor open floor plan with retail space- incredible heights! The lower level features a dry basement, a 23x14 private office with full bath, 23x11 file room, 20x16 cooler, and 2,500 square feet of storage space. Additional upgraded features new electrical, plumbing, HVAC, security cameras and shutters. New power (800 amp), new heating, new air. Currently vacant, great opportunity to start your own business. Great for a retailer, restaurant, dollar store or grocery store. The property sits on the corner of S. Baltimore Avenue & E. 92nd Street, with easy access from the CTA, Skyway and S. Lake Shore Drive and next door to Metra.

Beds:
n/a
Baths:
Sq.Ft.:
1,800
Status:
Active
MLS#:
12029033
Type:
Retail, Business Opportunities
Lot size:
0.28 Acres
Year built:
1955
A broker reciprocity listing Courtesy: Charles Rutenberg Realty
View additional info

First time on the market, a spacious lot currently used as an auto sales and automotive/mechanic shop. This auto sales lot holds at least 50 vehicles, has a very nice office, updated bathroom, separate mechanic's garage, huge storage both with overhead garage doors plus 3 additional storage areas. Entire lot including buildings measures approximately 13,800 square feet. Easy access to Chicago Skyway, Industrial area of South Chicago Avenue and high traffic area of South Stony Island on the southbound side. Currently an auto sales and mechanic shop, property is surrounded by large wrought iron fence and high 15+ foot iron/metal fencing along alley way. Very clean property with great exposure and ready for any new business opportunity. Electrical, propane heating and water access on property. No central heating but propane heating in place for space heaters. Listing agent is related to owner. PROPERTY IS SOLD "AS IS".

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12020924
Type:
Mixed Use, Business Opportunities
Lot size:
0.07 Acres
Year built:
1947
A broker reciprocity listing Courtesy: Keller Williams Preferred Rlty
View additional info

Attention Investors: Don't miss this chance to invest in a spacious 2-unit property with a full basement. 2 Car Detached Garage. This property is ripe for renovation, perfect for launching a new business. With two new 100 AMP electrical boxes to segregate residential and commercial power usage, this property offers a promising opportunity. Each unit will be able to be set up so they pay their own utilities. Sold AS-IS. Cash offers require proof of funds, Conventional financing requires a pre-approval. This property holds significant income potential. Great Location Near Metra, Shops, Dining, and the Beach!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12019743
Type:
Multi-Family, Business Opportunities
Lot size:
0.96 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Alliance Associates Realtors
View additional info

INVESTORS NICE AREA. (8016-8022 S YATES) CONVENIENTLY LOCATED NEAR LAKESHORE DRIVE OR EASY ACCESS TO EXPRESSWAYS AND PUBLIC TRANSPORTATION. BEAUTIFULLY REHABBED CALIFORNIA STYLE BUILDING. THIS PROPERTY WAS REHABBED IN 2021. FULLY OCCUPIED. THIS PROPERTY OFFERS 5 (1 BEDROOMS) AND 6 (2 BEDROOMS). NEW FRONT & BACK PORCH; NEWER ROOF; COIN-OPERATED LAUNDRY; ASSIGNED PARKING. 11 WALL-UNIT A/C; TENANTS PAY COOKING, HEAT AND ELECTRIC. UPDATED IN-UNIT SERVICE PANELS. MAKE YOUR APPOINTMENT TODAY. GREAT INVESTMENT!!

Beds:
n/a
Baths:
Sq.Ft.:
4,229
Status:
Active
MLS#:
12015845
Type:
Multi-Family, Business Opportunities
Year built:
1903
A broker reciprocity listing Courtesy: Grinker & Garcia Real Estate
View additional info

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

Beds:
n/a
Baths:
Sq.Ft.:
4,000
Status:
Active
MLS#:
11886052
Type:
Retail, Business Opportunities
Lot size:
0.14 Acres
Year built:
1958
A broker reciprocity listing Courtesy: EXIT Strategy Realty
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
2,000
Status:
Active
MLS#:
12017412
Type:
Retail, Business Opportunities
Lot size:
0.09 Acres
Year built:
1913
A broker reciprocity listing Courtesy: Realty Executives Elite
View additional info

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!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12007910
Type:
Multi-Family, Business Opportunities
Lot size:
0.26 Acres
Year built:
1930
A broker reciprocity listing Courtesy: Compass
View additional info

****THIS BUILDING IS PART OF AN REO PORTFOLIO SALE AND INCLUDES 5 BUILDINGS (118 TOTAL UNITS): (1) 8100-8110 S Paulina St, Chicago IL 60620, (2) 8200 S Paulina St, Chicago IL 60620, (3) 8102 S Maryland Ave, Chicago IL 60619, (4) 7157 S Yale Ave, Chicago IL 60621, (5) 7849 S Escanaba Ave, Chicago IL 60617.******/// 7849 S Escanaba Ave is a 24-unit building in Chicago's South-Lakefront South Shore neighborhood. Property is also located in TIF district. This property has a unit mix of six (6) storefronts, twelve (12) one bed/one bath units, three (3) two bed/one bath units, and nine (9) 3 bed/1 bath units. This beautiful masonry building will require moderate renovation. Built in 1930 and boasting 27,000 sq ft of space, 7849 S Escanaba Ave offers a unique opportunity to contribute to the continued enrichment of the South Shore neighborhood.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12008374
Type:
Multi-Family, Business Opportunities
Year built:
1928
A broker reciprocity listing Courtesy: Kiser Group Realty Inc
View additional info

1656 E. 83rd Pl is a pristine and meticulously maintained nine (9) unit building located in the Avalon Park neighborhood of South Chicago. The building is situated on a premier tree-lined street and nestled amongst an abundance of single-family residential homes and just blocks away from both the highway an abundance of retail and grocery options along 83rd Street. Furthermore, the building sits just five (5) blocks from Avalon Park, featuring playground, pools, along with an outdoor fieldhouse with basketball courts. 1656 E. 83rd Pl is currently comprised of nine (9) total units. The building is comprised of four (4) 2bd/1ba units and five (5) 1bd/1ba units. All of which, however, are incredibly spacious, feature hardwood flooring throughout, and contain both living and dining rooms. Moreover, all of the units have been renovated with updated kitchens and baths, and all of the units are equipped with individual furnaces, as well. Additional updates to the building include, but not limited to: a newer roof, updated copper plumbing, an updated exterior porch system, along with individual furnaces. 1656 E. 83rd Pl presents an investor with the unique opportunity to acquire a positive cash flowing asset in one Chicago's premier South Chicago neighborhoods. Additionally, given the majority of the tenants are long term, there's significant room to increase rents to current market rates. Should a new investor elect to stabilize the rent roll at current rental rates, there's an opportunity to achieve a near double digit cap rate.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12002538
Type:
Multi-Family, Business Opportunities
Year built:
1901
A broker reciprocity listing Courtesy: Realty Advisors Elite LLC
View additional info

GREAT INVESTMENT! FULLY RENTED 5 UNITS (WITH POTENTIAL FOR 6TH GROUND UNIT/IN LAW UNIT)! RECENTLY REHABBED 2 BUILDINGS ON THE SAME LOT! FRONT BUILDING HAS 2 UNITS (POSSIBLE 3RD)! BACK BUILDING HAS 3 UNITS! 4-2 BEDROOMS UNITS AND 1-3 BEDROOM UNIT! TENANTS PAY FOR GAS AND ELECTRIC! TENANTS IN 3 UNITS ARE THE LONG TERM TENANTS! 2 UNITS JUST RENTED! INCOME COULD BE HIGHER! BUILDING IS CONVENIENTLY LOCATED CLOSE TO THE STORES, HIGHWAYS AND PUBLIC TRANSPORTATION!

Beds:
n/a
Baths:
Sq.Ft.:
3,050
Status:
Active
MLS#:
11996029
Type:
Mixed Use, Business Opportunities
Lot size:
0.08 Acres
Year built:
1887
A broker reciprocity listing Courtesy: Bloom/Sanchez Realty, Inc.
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
3,840
Status:
Active
MLS#:
11981551
Type:
Mixed Use, Business Opportunities
Lot size:
0.07 Acres
Year built:
1890
A broker reciprocity listing Courtesy: Chicagoland Brokers, Inc.
View additional info

"ATTENTION INVESTORS" Property is currently fully occupied with four apartments and one commercial (barber shop) Number of residential units will be confirmed once the zoning certificate is received, being sold "AS IS" Motivated seller bring your best offers.

Beds:
n/a
Baths:
Sq.Ft.:
2,900
Status:
Active
MLS#:
11983600
Type:
Mixed Use, Business Opportunities
Lot size:
0.09 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Keller Williams Preferred Rlty
View additional info

Prime Chicago Commercial Investment Opportunity !!!!! This is your chance to invest in the heart of Chicago! Presenting a unique and lucrative investment property that combines the best of both worlds: Six spacious, well-appointed apartments and Six versatile storefronts, all under one roof! This property offers the perfect blend of residential and commercial income. This South Side property has excellent foot traffic, it's located on a main well known Street. This location is surrounded by numerous restaurants, shops, and public transpiration !! All 6 apartments feature 1 bedroom, 1 bath and all similar updates. All 6 apartments are rented and are bringing in income .All 6 versatile storefronts feature large display windows, ideal for entrepreneurs and business looking for prime retail or office space .Each storefront features high visibility and great rental income. 4 Storefronts are leased , 2 are ready for you to bring your vision to life . There are currently two beauty shops, a real estate office, and a mailing center. With a strong rental history and the thriving location, this property promises excellent cash flow and long-term growth potential for investors .The combination of residential and commercial spaces diversifies your income streams, making a robust investment opportunity. Don't miss out on this amazing investment opportunity . Contact me today to schedule a viewing and explore the the potential of this unique property. This property is being sold as is !!!

Beds:
n/a
Baths:
Sq.Ft.:
3,660
Status:
Active
MLS#:
11980555
Type:
Office, Business Opportunities
Lot size:
0.84 Acres
Year built:
1954
A broker reciprocity listing Courtesy: Grinker & Garcia Real Estate
View additional info

Excellent all brick office building in the heart of Chicago's east side neighborhood. It has been used as a medical office for decades. Keep the same use or it can be used for professional offices. There are 7 treatment rooms, Reception areas, waiting areas, a conference room, file rooms, a copy room and other utility rooms. It has one full bath and two half baths. The 2 car garage is attached.

Beds:
n/a
Baths:
Sq.Ft.:
2,165
Status:
Active
MLS#:
11972680
Type:
Retail, Business Opportunities
Lot size:
0.06 Acres
Year built:
1926
A broker reciprocity listing Courtesy: Cynthia Frye
View additional info

Location, Location, Location Great Location on 8rd Street It's currently being use as a Daycare and Owner is willing to talk about selling the business. But this property can be 3 separate offices each unit has it own bathroom and front and back exit door, shared kitchen. A//C on the roof. Being SOLD AS IS but in good condition. Cash or Conventional Only.

Beds:
n/a
Baths:
Sq.Ft.:
10,000
Status:
Active
MLS#:
11979203
Type:
Mixed Use, Business Opportunities
Lot size:
0.8 Acres
Year built:
1952
A broker reciprocity listing Courtesy: RE/MAX Premier
View additional info

RAW OPEN SQUARE FOOTAGE! READY FOR YOUR BUILD OUT! This 2-unit building is accompanied with two adjacent lots (2 separate pins). Being Sold As-Is! Some serious plumbing improvements have been made for its original purpose for a restaurant! But could make an excellent office/medical, warehouse whatever your dream purpose are! Comes with 2 parking lots on either side of building! Drive by first or schedule for private showing! Permit rendering included on mls. Owner has verbal approval for a liquor license for the property call me for details.

Beds:
n/a
Baths:
Sq.Ft.:
1,254
Status:
Active
MLS#:
11967705
Type:
Retail, Business Opportunities
Lot size:
0.07 Acres
Year built:
1960
A broker reciprocity listing Courtesy: F.J. Williams Realty LLC
View additional info

Excellent retail area. Four-Store Fronts, single story, 3 occupied and 1 vacancies. The interior is in turn-key condition. The buildings are being sold as a package. Additional PINS# 25011000060000; 25011000080000. Individual acquisition can be discussed with broker. High traffic area, neighbors include Walgreens, CVS, High income households and more. Seller will consider ALL OFFERS!!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11962843
Type:
Multi-Family, Business Opportunities
Year built:
1926
A broker reciprocity listing Courtesy: Kiser Group Realty Inc
View additional info

7931 S. Manistee is a seven (7) unit building in Chicago's historic South Shore neighborhood. Nestled on a one-way, tree lined street, the building sits within walking distance to an abundance of public transportation options, Lake Michigan, and Rainbow Beach Park. Over the past few years, South Shore has seen a wealth of new developments due to its proximity to Lake Michigan, the upcoming and developing Obama Presidential Library, along with $100 million project located at 79th & Exchange, Thrive Exchange, located just two (2) blocks away from the subject property. 7931 S. Manistee has an incredibly desirable unit mix comprised of seven (7) 3bd/1ba units. Each unit features hardwood floors and spacious floor plans with separate living and dining rooms. Recent improvements to the building include, but are not limited to: copper plumbing, modern boiler with R&D control system, an abundance of masonry & tuckpointing work, along with newer windows. 7931 S. Manistee presents an investor with the opportunity to acquire a stabilized, cash flowing building with a significant value-add component. At list price, the building performs at a 9.2% cap rate. However, solely by raising rents to current market rate levels, an investor could achieve an 11.37% cap rate and cash return of nearly 22%.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11954851
Type:
Multi-Family, Business Opportunities
Year built:
1927
A broker reciprocity listing Courtesy: Exit Strategy Realty / EMA Management
View additional info

Beautifully maintained vintage 7-unit building on a nice tree lined street. All the charming details are there - excellent woodwork, nice fireplaces, and stained glass. The units are spacious with separate dining rooms and generous living rooms. The 8100 block is a pleasant mix of single family homes and small apartment buildings. The building is in good shape, with a new boiler in the basement. 8th unit possible on the north side of the garden level. Lots of long term tenants. Broker Owned. As is 8.6% Cap Rate, Pro Forma 12.6%.

Beds:
n/a
Baths:
Sq.Ft.:
20,000
Status:
Active
MLS#:
11938284
Type:
Business Opportunities
Lot size:
17.28 Acres
Year built:
1945
A broker reciprocity listing Courtesy: EXIT Strategy Realty
View additional info

Industrial building situated on approximately 5.5 acres of land in the Pill Hill neighborhood of the City of Chicago. Built in 1946, the one-story masonry constructed building on 9336 S. Jeffery measures approximately 13,709 SF. It has 10 offices with 2 Kitchenettes located on the 1st and 2nd floors. 3 oversized Garage openings for shipping and receiving. The property offers parking in an open parking lot. The warehouse provides an opportunity for a multitude of uses, including but not limited to automotive, office, and retail. This property has a completed Environmental Protection Agency report done and ready to be sold today!

Beds:
n/a
Baths:
Sq.Ft.:
8,220
Status:
Active
MLS#:
11938283
Type:
Business Opportunities
Year built:
1911
A broker reciprocity listing Courtesy: EXIT Strategy Realty
View additional info

Brick building/Zoned RT-4. Last usage- A Community Center and office space. Can be used as residential property, per appraisal. Building has updated Office space. It has a Gymnaisum and Parking Lot! Being sold AS-IS. Majority of the building has been rehabbed and other half needs to be rehabbed. Sellers will review all offers. Buyers must be pre-approved, have loan commitment, if cash buyer(s) please have proof of funds.

Beds:
n/a
Baths:
Sq.Ft.:
12,000
Status:
Active
MLS#:
11937906
Type:
Retail, Business Opportunities
Lot size:
0.14 Acres
Year built:
1906
A broker reciprocity listing Courtesy: Chicagoland Brokers, Inc.
View additional info

motivated seller, Spaces available for retail or offices

Beds:
n/a
Baths:
Sq.Ft.:
3,200
Status:
Active
MLS#:
11932819
Type:
Mixed Use, Business Opportunities
Lot size:
0.14 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Horizon Realty Brokers, Inc.
View additional info

Great Retail space and apartment on busy 87th Street. Can also be used as a commercial store front, childcare and many other uses. . Second Floors Needs Rehab , Minutes from lake & RT 41. Two Solid Blocks Garage in the Back with Extra Lot East of the building , Can be a great location for TIRE SHOP BUSINESS , Two TAX PIN NUMBERS : 21314270360000 BUILDING 21314270370000 LOT

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Listings courtesy of MRED as distributed by MLS GRID

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