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Chicago IL Real Estate & Commercial for Sale

6 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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1–6 of 6 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12008591
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Pearson Realty Group
View additional info

Attention, Investors, Rehabbers, and Home Owners.... Rarely Available! Hot, Bronzeville Development Opportunity! Beautiful Brick Church Zoned RM-5 (RESIDENTIAL) on 50x162 lot. This property has tons of potential. Current Zoning allows for Single Family or Multi-Unit development. The existing structure can be converted to a Beautiful Single family or multi-Unit. The Lot is buildable for up to 20 units. Selling As-Is, Cash or renovation loans only. No Tax proration, No Survey, all room sizes estimated. Need some notice prior to showing. Surrounded by New Construction. Excellent Prime Development Location with /Great Exposure, Minutes from Mariano's and Expressway, and Hot Bronzeville Commercial Development.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11976342
Type:
Multi-Family, Business Opportunities
Year built:
1916
A broker reciprocity listing Courtesy: Kiser Group Realty Inc
View additional info

4220 S. Michigan is a 26-unit property located Chicago's historic Bronzeville neighborhood. The asset is ideally situated on a beautiful, tree-lined street just blocks away from Metcalfe Park, providing easy access I-90 and Chicago's downtown. 4220 S. Michigan is comprised of an incredibly desirable unit mix, consisting of one (1) studio, seven (7)2BD/1BA, and eighteen (18) 3BD/1BA units. All Units are incredibly spacious and have gone through updates both cosmetically and mechanically. Recent improvements to the building includes but are not limited to, newer roofs, renovated kitchens & bathrooms, in-unit HVAC, and copper plumbing. 4220 S. Michigan provides investors with the unique opportunity to obtain a stabilized, cash flowing asses in one of Chicago's most rapidly appreciating neighborhoods. From day one, an investor will realize an in-place cap rate over 6.05% and a cash return of just under 7%. Additionally, an investor has the option to assume the existing debt (terms below) through Freddie Mac. 4220 S Michigan Ave: - $2,464,000 - 3.67% Rate -2 Years Remaining

Beds:
n/a
Baths:
Sq.Ft.:
14,000
Status:
Active
MLS#:
11971037
Type:
Retail, Business Opportunities
Lot size:
0.47 Acres
Year built:
1948
A broker reciprocity listing Courtesy: @properties Commercial
View additional info

Welcome to a fantastic opportunity to own or lease a commercial retail space in the vibrant Bronzeville neighborhood of Chicago. This spacious 14,000 square foot retail building, located at 4650 S Indiana Ave, boasts 5 storefronts and is currently being remodeled to meet the modern standards of today's businesses. The property offers flexible leasing options, with the ability to divide the space as small as 1,200 square feet or as large as 7,500 square feet. The zoning of B3-3 allows for a variety of uses. This retail space is perfectly situated for easy access to transportation options, including the CTA Green and Red Line, making it a convenient location for both customers and employees. The property also has multiple access points to the 90/94 interstate, making it easy for customers to reach your business from anywhere in the city. Onsite parking is available, making it easy for your customers to visit your store. The property's high traffic location and great visibility make it an ideal location for new and existing businesses alike. Bronzeville is a vibrant community that has undergone a significant revitalization in recent years, with many new businesses and developments opening in the area. The neighborhood is known for its rich cultural history, beautiful architecture, and a thriving business community. Located just minutes from the Loop, Bronzeville is also home to many popular tourist destinations, including the DuSable Museum of African American History and the Illinois Institute of Technology. The neighborhood is also famous for its annual Bud Billiken Parade, which attracts more than one million attendees every year. In addition to its rich cultural history, Bronzeville is also home to the Bronzeville Lakefront development, a massive redevelopment project that will bring new parks, retail spaces, and residential units to the area. This exciting new development will further enhance the neighborhood's already thriving business community, making it the perfect location for your business to grow and succeed. Don't miss out on this excellent opportunity to lease a prime retail space in one of Chicago's most vibrant neighborhoods. There are two leases in place currently, Grocery store & a Daycare. Contact us today to schedule a viewing and take the first step towards your new business location.

Beds:
n/a
Baths:
Sq.Ft.:
12,580
Status:
Active
MLS#:
11969286
Type:
Retail, Business Opportunities
Lot size:
0.25 Acres
Year built:
1930
A broker reciprocity listing Courtesy: MoHall Commerical & Urban Development
View additional info

Introducing the Iconic Theodore "T.K." Lawless Building - A Bronzeville Historic Canvas for Creative Visionaries. A testament to the pioneering spirit of Dr. Theodore "T.K." Lawless, the T.K. Lawless Building at 4301 -4309 S. King Drive stands as a living tribute to a trailblazing dermatologist whose contributions to medicine continue to resonate. The north side of the building proudly showcases a stunning mural of the legendary Nat King Cole, a nod to the rich cultural tapestry of Bronzeville. Dr. Lawless's legacy is etched in the annals of Chicago's medical history. His clinics, housed in the T.K. Lawless Professional Building, drew patients from across the nation, establishing him as a luminary in dermatology. This remarkable site spans 10,900 SF (0.25 acres) and boasts 109 feet of frontage along East 43rd Street and 100 feet along S. King Drive, ensuring optimal accessibility and visibility. With an average daily vehicle count of 11,700 along S. King Drive, this location is primed for success. The vintage two-story commercial office building, with a gross building area of 12,580 SF, provides an expansive canvas for redevelopment. The first floor, spanning 6,290 SF, features conference rooms and administrative offices, while the second floor mirrors this layout, augmented by additional offices, conference rooms, restrooms, and a training room. Although the property currently functions as administrative offices, the dated condition offers a blank slate for a visionary developer. Zoned B3-3, Community Shopping District, by the City of Chicago, the T.K. Lawless Building presents a rare opportunity for a visionary developer. The building, constructed between the 1930s and 1940s, exudes historic charm with its concrete block structure, masonry exterior walls, and flat composite roof. Though currently in dated condition, this canvas holds immense potential for a creative revival. Its rich history combined with the burgeoning arts scene in Bronzeville make it an ideal canvas for conversion into artist lofts or a creative hub, breathing new life into this venerable space. Beyond its rich history, this property offers strategic access to area expressways. The Dan Ryan Expressway (I-94) lies a mere 1.20 miles to the west, while Lake Shore Drive is conveniently located just 0.50 miles to the east. Moreover, the property is a mere 5 miles south of the bustling Chicago Downtown Central Business District. Embark on a transformative journey with the T.K. Lawless Building, where history meets opportunity. This is your chance to breathe new life into a cornerstone of Bronzeville's legacy.

Beds:
n/a
Baths:
Sq.Ft.:
12,580
Status:
Active
MLS#:
11969278
Type:
Office, Business Opportunities
Lot size:
0.25 Acres
Year built:
1930
A broker reciprocity listing Courtesy: MoHall Commerical & Urban Development
View additional info

Introducing the Iconic Theodore "T.K." Lawless Building - A Bronzeville Historic Canvas for Creative Visionaries. A testament to the pioneering spirit of Dr. Theodore "T.K." Lawless, the T.K. Lawless Building at 4301 -4309 S. King Drive stands as a living tribute to a trailblazing dermatologist whose contributions to medicine continue to resonate. The north side of the building proudly showcases a stunning mural of the legendary Nat King Cole, a nod to the rich cultural tapestry of Bronzeville. Dr. Lawless's legacy is etched in the annals of Chicago's medical history. His clinics, housed in the T.K. Lawless Professional Building, drew patients from across the nation, establishing him as a luminary in dermatology. This remarkable site spans 10,900 SF (0.25 acres) and boasts 109 feet of frontage along East 43rd Street and 100 feet along S. King Drive, ensuring optimal accessibility and visibility. With an average daily vehicle count of 11,700 along S. King Drive, this location is primed for success. The vintage two-story commercial office building, with a gross building area of 12,580 SF, provides an expansive canvas for redevelopment. The first floor, spanning 6,290 SF, features conference rooms and administrative offices, while the second floor mirrors this layout, augmented by additional offices, conference rooms, restrooms, and a training room. Although the property currently functions as administrative offices, the dated condition offers a blank slate for a visionary developer. Zoned B3-3, Community Shopping District, by the City of Chicago, the T.K. Lawless Building presents a rare opportunity for a visionary developer. The building, constructed between the 1930s and 1940s, exudes historic charm with its concrete block structure, masonry exterior walls, and flat composite roof. Though currently in dated condition, this canvas holds immense potential for a creative revival. Its rich history combined with the burgeoning arts scene in Bronzeville make it an ideal canvas for conversion into artist lofts or a creative hub, breathing new life into this venerable space. Beyond its rich history, this property offers strategic access to area expressways. The Dan Ryan Expressway (I-94) lies a mere 1.20 miles to the west, while Lake Shore Drive is conveniently located just 0.50 miles to the east. Moreover, the property is a mere 5 miles south of the bustling Chicago Downtown Central Business District. Embark on a transformative journey with the T.K. Lawless Building, where history meets opportunity. This is your chance to breathe new life into a cornerstone of Bronzeville's legacy.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11944346
Type:
Mixed Use, Business Opportunities
Lot size:
0.06 Acres
Year built:
2010
A broker reciprocity listing Courtesy: Keller Williams ONEChicago
View additional info

This is a place of great opportunity. Take over at the restaurant that has been established as a neighborhood favorite or reimagine the space for your business. Developers the opportunity is there for you to develop a new space on the east lot 60 E. Pershing which is included with the sale. The building has a 3300 sq foot duplex condo that you can call home or make an outstanding Air BNB

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Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/24/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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