Chicago IL Real Estate & Commercial for Sale

Recently Rehabbed - See Below For Details! Available For Sale Or Lease ($4500/Mo). Excellent opportunity to give your business exposure on Pulaski Road with great traffic counts! Commercial space is nearly 2000sqft with 2 baths, private office, and access to backyard. Most demolition has already been completed. Full unfinished basement for additional storage. 2nd floor is a 3 bed 2 bath apartment ready for your finishing touches. Apartment features a modern layout with an open kitchen with ample room for an island. Large backyard with 2 car garage. Recent upgrades include: 1) Load bearing, clear span beam added to properly distribute the load on the 2nd floor apartment. A new footing was cut into the basement floor, post added to carry the load to the footing, and new floor joists were 'sistered' to the existing ones. 2) Electrical was separated to provide the commercial space and residential space separate services. 3) New garage roof. 4) Separate entryway added to the rear of the building (inside rear common area) to provide private entrances to the residential and commercial spaces. 5) Most demo work has already been done. Great location within close proximity to Pulaski Orange Line, Target, Pete's Fresh Market, I-55, and Midway Airport. Zoned B3-1. Recent Fall 2023 upgrades include: (1) Demolish and replace subfloor in two locations of existing damage: (1A) on first floor where previous bar was located, and (1B) on first floor in the back hallway. (2) Restructure rear wall, including new lumber, reframing for new windows and insulation. (3) Replace roof, facia and gutters. (4) Repair damaged floor joists in rear commercial space where existing joists have been compromised by plumbing cut outs. (5) Replace siding on rear of building and garage. Replace improperly installed gutters and downspouts. (6) Replace 4 windows, repair broken glass block, and replace 4 louvered glass vents on rear wall. (7) Replace 2 exterior doors, thresholds and door frames. (8) Repair and reside garage. Also available for lease for $4,500 a month for the entire building.

A beloved DePaul fixture in the Heart of Lincoln Park, overlooking the Quad at DePaul University with spectacular downtown views from above. 2-story brick building, home to Branko's Sandwich Shop since 1976. Huge 25 X 151.3 lot, RT-4 zoning. The counter service restaurant has seating for 26 and everything needed for food prep, cooking, and holding. Office, (2) half baths, W/D, and access to unfinished full basement that runs the length of the building. Expansive 2nd-floor apartment with 3-4 BRs, formal DR, natural woodwork, tiled kitchen & bath, transom window, and back porch. Terraced backyard includes gardens and 2-car garage. Estate Sale, sold in "AS-IS" condition. In Sept the City Council adopted a Resolution honoring the family & restaurant for their contributions to the community.

Proud to present a contemporary 9 unit multifamily property situated at 1444 S. Trumbull Ave in the vibrant North Lawndale neighborhood of Chicago, IL. The property is situated in the thriving North Dawndale community of Chicago, IL, a strategically located area with potential for growth. The neighborhood offers a mix of residential and commercial spaces, providing a balanced and desirable living environment. The property presents a moderate value-add opportunity, allowing for strategic improvements to enhance overall asset value. Implementing targeted renovations and upgrades can lead to increased rental income and improved tenant satisfaction. A diverse unit mix of 2-bedroom and 3-bedroom units caters to a broad tenant demographic, providing flexibility in attracting and retaining residents. The property's attractive 9.10% cap rate positions it as a promising investment for stable and consistent cash flow. The North Lawndale community strategic location ensures proximity to key amenities, transportation hubs, and employment centers, contributing to sustained tenant demand.

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

Enormous Commercial Space and Excellent Location! Family owned and Operated on heavily traveled Harlem Ave, in the Heart of a Large Business and Shopping District. Building provides 3 Levels of office, work, or your new ideas. Building provides customer/employee parking in the rear. 2 Newly installed 2023 Carrier AC units w/10 year warranty, front north office just remodeled **Minutes to O'Hare airport, Blocks from the Blue Line train station, CTA bus stops right on the block, and multiple Metra Stops. Bordering Neighborhoods are Harwood Heights, Oriole Park, Old Norwood Park, Norwood Park, Jefferson Park, and Big Oaks. This purchase is a No Brainer Investment, So Many Angles and Possibilities! Come By, Easy to show, Take a tour and see for yourself.

Charming church property accommodating 120 individuals with the potential for rezoning to expand commercial possibilities. Additional adjacent lot, currently a parking space, offers development potential. Second floor boasts an expansive open floor, perfect for a studio, housing, or educational classes. Close to stores, parks, schools and public transportation. Call your local real estate agent for a showing today!

Great location of Albany Park, (Lawrence Pointe Tower) at the heavy pedestrian traffic corridor of Lawrence Ave. between California Ave and Kedzie Ave. busy business corridor. Approximately 1,400 Sq. ft. of street level store/office in great condition/move in ready. Annual assessment amount is about $1,000. Central location to Downtown, I-90 and I-94, Lake Shore Dr. and to O'Hair Airport.

A 14,705 square foot corner redevelopment site in Jefferson Park is available for sale. Currently, the site is improved with a muffler/auto-repair shop, a commercial storefront with a 750 square foot garage and a fenced area for outdoor storage. The property can potentially be redeveloped as a mixed-use building with retail and apartments or as a multi-tenant commercial building. The location benefits from the easy access to I-90, the Jefferson Park Transit Center and excellent visibility. The neighborhood features several commercial corridors including along Elston Ave., Milwaukee Ave. and Northwest Highway.

Discover the untapped potential of Little Village with this exclusive nine-unit with the potential for expansion to 12 units, all-brick building! Set against the backdrop of Little Village, a thriving community poised to become the next Pilsen, this property stands as one of the largest multi-unit buildings in the vicinity. Included is a former 2,400 sq ft Cookie Factory, adding an extra layer of versatility to the property, complemented by two generously sized, attached three-car garages that provide secure accommodation for a total of six cars. This is an exclusive, opportunity for investors and rehabbers seeking their next profitable venture! Don't miss out on this rare opportunity to secure a prominent stake in the evolving real estate landscape of Little Village. Bring your strategic vision and seize the potential for growth and profitability in this expanding community!

A retail or restaurant zoned building with a rear apartment and garden unit located on the corner of 35th and Ashland. Business front was previously a restaurant but can also be converted to an office space. The storefront consists of a bathroom, dedicated HVAC system, and basement storage. Rear apartment consists of 3 bedrooms, 1 bathroom, kitchen, and living room. Hardwood floors throughout all the bedrooms and living room. The garden unit consists of a 1 bedroom, kitchen, eating area, living room, and 1 bathroom. Porcelain tile flooring throughout the garden unit. The exterior yellow brick facade and tuckpointing is in great condition. Building roof is in good condition and maintained over the years. Included in the sale the adjacent vacant lot currently used as extra parking and yard space for the tenants in the rear apartment. Building is located in a high traffic area, across the street from the Amazon distribution center, nearby the I-55, and many other businesses. Property has two pins: 3554 S. Ashland: 17-31-407-037 with lot dimensions 25ft x 91ft and 3556 S. Ashland: 17-31-407-038 with lot dimensions 25ft x 91ft. Reach out for more information.

Presenting two retail spaces in one investment portfolio right on Damen Avenue in Bucktown. Offering excellent exposure with high visibility, vehicle, and foot traffic, each individual space with storefront floor to ceiling windows. Occupied by two separate spa service businesses. 1915 is comprised of 1,674 SF with reception/waiting area, 8 treatment rooms (1 includes plumbing), 1 laundry room, and 1 ADA restroom. 1917 is comprised of 1,486 SF with reception/waiting area, 1 treatment room, 3 hair style stations, 4 eyelash/eyebrow stations, 2 shampoo stations, kitchen and 1 ADA restroom. Distinctively remodeled with a sharp black and white aesthetic with complementary marble epoxy floors. The building was built in 2006. The fully leased portfolio is offering a 7% cap based on triple net leases (net operating income of $90,890 with annual increases). Each unit is separately metered for gas, electric, and water and individual HVAC systems. Zoned B3-2. VPD 21,258. Demographics: POP 244,691 | HHI $$146,207 | POP AGE 19, 25-54. Join A'Pied Shoe Boutique and Truce by David Mor, joining Le Bouchon, Pompette, CLAUDIA and The Red Balloon Co through the Bucktown retail corridor of Damen Avenue. Portfolio includes both spaces 1915 and 1917. Please do not disturb operating businesses.

A unique opportunity in the vibrant Fulton Market - Introducing a three-story, live/work corner edifice nestled amidst the district's dynamic growth, opposite the famed 1k Fulton (Google's Chicago home). This exclusive offering is one of just six buildings on the block that benefits from a secluded alley. Imagine the convenience of a two-level penthouse dwelling above your own commercial space. The first floor boasts an expansive 14-foot high ceiling, a full bathroom, a kitchenette, and generously sized windows drawing in the north and west light-ideal for businesses seeking to capitalize on the area's burgeoning pedestrian presence. Ascend to the private residence above, where the second and third floors unfold like a stand-alone home, complete with a spacious loft boasting western vistas, four well-appointed bedrooms, ample walk-in closets, 2.5 bathrooms, and lofty 10-foot ceilings. Luxurious touches include gleaming hardwood floors, a suite of security cameras, and the convenience of an elevator. Outdoors, two expansive decks present the perfect setting to revel in Chicago's summer ambiance. This property comes complete with seven parking spaces, offering ample accommodation for both staff and visitors. All this with the added benefit of no HOA fees. Be sure to explore the 3D tour for a closer look at what could be your new business and home in Chicago's most sought-after neighborhood.

Enormous 6-Flat with 9-foot ceilings from the basement through the third floor. This building is larger than ANY MLS sale of 5,6 or 7-Unit buildings in Roger's Park or Edgewater since 2018. All 6 apartments have around 1900 square feet and boasts 3 bedrooms and 2 full baths with one of the baths being a shared ensuite. All units have Living rooms that are huge with tons of light since their orientation is south. The formal dining rooms could comfortably accommodate a dinner for ten or twelve. Two of the units were wonderfully renovated to condo quality standards and gross $2,100/mo. respectively. The other units will require updating to maximize their rent potential. Updating for those apartments will range from 1) full renovation floor to ceiling in the vacant unit; 2) kitchens and some bath upgrading; 3) mostly paint or cosmetic touches. The minor to major updating of 4 of the apartments will go a long way to raise all units to minimally $2100 monthly rentals. Conservatively, this multiunit should exceed $150,000 Annually as a 6-unit. Major building improvements include new windows (2018), water heater (2017), boiler (2018) and wrought iron fencing. Roofs for both the building and garages were replaced around 2015, and the tuckpointing has been properly maintained over the years. There are two self-contained garage spaces and 2 or 3 exterior spaces for additional revenue. The back stairs enclosed a number of years ago, with aluminum siding inside and out. With some vision money and skill, this building has the phenomenal long-term potential. Nestled between Northwestern and Loyola, this building has had many student-tenants over the years. A "Walk Score of 89" makes this a very accessible option for tenants. It's only a few blocks from Touhy or Pottawattomie Parks and the Jarvis Red-Line stop. Less than a half mile to the Metra at Lunt or the Lake Michigan and Leone Park & Beach. Two shared washers and dryers as well as storage lockers are available in the basement. Property income numbers belie the true value of this gem since the owner lives in one and one other is vacant, awaiting renovation. Rent numbers are derived from only 4 of the 6 units. This property, held in a land trust is being sold AS-IS. First showings should allow for access to 2 to 3 units & the common areas.

Excellent rehab project for an experienced investor or developer. Rarely available 6 unit brick building in Chicago's South Shore neighborhood. City approved and transferrable plans include two duplexed first floor (4) bedroom (2) bath units and four (3) bedroom units. 4 car garage. Fantastic location with easy access to shops, parks and public transportation.

Prime three unit commercial corner property successfully run as a neighborhood street level retail center with longtime laundromat, nail salon and beauty supply tenants. Two tenants just executed three-year leases with 4% annual escalation while the third just signed a five-year lease with 3% annual escalations. Tenants pay for all utilities. This 100% occupied 4,800 SF freestanding three-unit building has 148 ft 71st Street frontage. Located in the Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Easy access to the Edens Expressway and The Skyway. Nearby intersection has 25,000+ VPD. Zoned B3-1 - Community Shopping District. Located in the 67th/Wentworth TIF District. The district is intended to foster new residential, commercial, and mixed-use development investment opportunities. Other grant options are possible, such as the Neighborhood Opportunity Fund and the R3 Grant.

Proud to present a unique opportunity to acquire an exquisite single-office condominium nestled within the lively and dynamic Uptown neighborhood of Chicago. This alluring office condo, situated at 4704 N. Kenmore Ave., Unit C, spans an expansive 1200 square feet within a well-maintained building boasting secure entry, lofty ceilings, and elegant custom lighting. Meticulously designed to blend functionality with contemporary style, this office space provides an optimal setting for businesses to flourish. The property highlights a generously sized conference room and abundant storage space, ensuring the fulfillment of essential business requirements. The sprawling lower level fosters limitless possibilities, offering flexibility to tailor the area to precise specifications. Strategically positioned near the Wilson Red and Purple line, this property guarantees seamless access to transportation, facilitating convenient commutes for both clients and employees alike. Its proximity to the vibrant Uptown entertainment district, the picturesque lakefront, and an array of renowned dining establishments further enhances its appeal. Prospective buyers will appreciate the versatility of this office condominium, catering to diverse professional endeavors such as service-based businesses, health and wellness practices, marketing and media firms, and pioneering entrepreneurial ventures. Boasting the advantages of a well-managed condo association, nominal monthly dues, and substantial building reserves, this property presents an enticing investment opportunity. Envisioned as an ideal investment prospect, this premier office condo invites prospective buyers to schedule a tour and seize the opportunity to secure a strategically positioned and customizable office space in the heart of Uptown Chicago. Don't miss out on this chance to elevate your business presence in one of Chicago's most sought-after neighborhoods

Astor Street opportunity to create your own luxury residence! Classic limestone structure currently 8 total units on 4 floors! Lot size is 110x25.5 (Parcel = 2,805 sqft). Two(2) studio apts., Five(5) one-bedroom apts., One (1) one-bed/two-bath apt. = 6,000+ square feet, 4-story apartment building! Central outdoor garden space and 11-13 foot ceiling heights! This is an incredible project to convert back to a single family home or 2 large luxury units... an architects dream!! Stellar Gold Coast location on the best street in the city and a block from the lake, park, beach, and restaurants!

Don't miss this extraordinary and rare investment opportunity with a 6.86% CAP RATE in the highly sought-after Lincoln Park neighborhood! This fully stabilized, recently gut-renovated mixed-use property offers a premier investment experience, featuring four residential apartments and one retail space. Strategically located on a desirable street, the property boasts a prime position directly across from the Chicago Transit Authority's (CTA) Brown Line L Train Stop at Armitage. With 100% occupancy and strong rental income, this investment presents the potential for rent increases while keeping operating expenses low. The commercial tenant covers 40% of CAM (including property tax and insurance), while residential tenants pay for utilities (gas and electricity). Significant recent upgrades, such as a new roof and AC condensers installed in 2022, contribute to the property's long-term value. Each residential unit features hardwood floors, in-unit laundry, quartz countertops, stainless steel appliances, and individual HVAC units, ensuring maximum comfort and appeal for tenants. Take advantage of this exceptional mixed-use property in the heart of Lincoln Park, offering stability, growth potential, and an impressive return on investment for discerning investors.

Very rare & premier investment opportunity! fully stabilized, gutted, mixed-use investment property located on the most desirable LINCOLN PARK Street with 6.84% CAP Rate . 4 APRARMENTS and 1 Retail Space * 100% Leased * Located just across the street from the Chicago Transit Authority's (CTA) Brown Line L Train Stop at Armitage. * Stable Operating Income with Potential for Rent Increase * Tenants Pay All Utilities * 2022 Completed New Roof * 2022 New AC Condenser. For Each Unit Features Hardwood Floors, In-unit Laundry, Quartz Countertops, Stainless Steel Appliances, and Individual HVAC Units.

Large corner L shape 10 Units Multi- Family building in rapidly appreciating Belmont Cragin. Above the ground has Eight (8) Units on 1st and 2nd floor that are all 1 Bedrm / 1 Bath Apartments with Living Room and formal Dining Room. Two (2) additional apartments (the listing broker does not represent or guarantee their legality) Garden Units in the basement have 2 Bedroom and 1 Bath. Apartments have its INDIVIDUAL FURNACE units as seen on photos and have also Central Air A/C. Tenants pay for their heat, gas and electric bill. A whole building has 10 separate gas meters and 11 separate electric boxes seen on photo. Based on the info from owner: Roof was fixed (not complete) in 2017 and well maintained. Newer windows (Approx. 2013). Hot water tank 100 Gal. (2014). And there are Two Additional rooms/spaces in the basement: one is unfinished space and the other is a mechanical/ storage area next to Coin laundry Rm w/ 2 washers and 2 dryers seen on photos with the meters. 3 car garage can yield EXTRA income. Most tenants on M/ M basis and a few on lease. Some lower rents due to stable long term tenants. Total Annual is: Rental income, parking plus coin laundry: $ 142,296 *** Currently garage spaces included in rents *** SELLERS MOTIVATED *** Great and rare income producing investment property *** RENT ROLL in Add'l Info ***

BIG PRICE DROP OWNER RETIRING-- BRING ALL OFFERS!!! The property has operated as a restaurant and grocery store over the last several decades. The tenant, Diana's Restaurant has operated in this location for approximately 15 years and is on a month-to-month lease. The owner is prepared to relocate or sell the business with all equipment. The property is comprised of a 3,179 SF landsite improved with a 1,950 SF building, located on the northwest corner of Augusta Blvd (1000 N) and Francisco Avenue (2950 W), half a block east of Humboldt Park, and immediately south of Humboldt Health (formerly known as Norweigan Hospital). The east portion of the building is masonry on slab construction, and the west portion is masonry and frame with wood joist construction over a shallow crawlspace. The building is configured as a full-service restaurant with black iron hood, full kitchen, private office and two prep/storage rooms. The site is well known in the neighborhood as a restaurant and benefits from 125 feet of frontage on Augusta Blvd. in addition to corner exposure at Francisco Avenue. This offering presents an purchaser to acquire a well-located property in close proximity to Humboldt Park and and Humboldt Health Medical Campus, below replacement cost. Bring ALL offers this property will be sold.

Commercial space in Lincoln Square on busy Lincoln Avenue. This 940 square foot commercial condo in Lincoln Square is currently leased and is being used as a hair salon.

~6,000 Sq Ft freestanding retail / commercial building for sale on a 7,188 Sq Ft lot. Property needs complete rehab and is priced to move. Property being sold AS-IS, 100% Tax prorations, no survey provided. High- visibility location with traffic of over 22,000 vehicles per day and a Walk Score of 81. Easily accessible to public transportation, located on CTA #79 79th bus route, 0.1 miles from CTA #9 Ashland / Ashland Express bus route, and 0.1 miles CTA #169 169th / UPS Express bus route. Please review CCLBA Offer Checklist before inquiring and please note that all offers must be submitted via the CCBLA link. OFFERS DUE BY JANUARY 25, 2024 AT 5:00 PM, AWARD DATE FEBRUARY 8, 2024 BY 5:00 PM.

This site is located in a Federal Opportunity Zone, It is 1/4 block from the 63rd & King Drive "EL" stop. There are several options for this location 1) Reuse this +/- 2,376 SF former fast food building with Drive-thru and +/- 40 car parking OR 2) this can be a 27,776 SF (124 x 224) Development site. The property has multiple tax benefits! In addition to the Opportunity Zone it is in a Federal Enterprise Zone and a City of Chicago TIF District. If developed there are anticipated tax credits as a Transit Oriented Development site. It is currently zoned B3-3. The property is vacant and has emptied of all restaurant equipment. This will be an "AS IS" sale.

For-sale great corner office/commercial store front in mixed-use building. High traffic area at Pulaski & Eddy with very good exposure. 12 foot ceilings, 1465 square feet plus additional 150 in basement. Bright space with large windows. Unit has kitchen, 2 bathrooms, separate heating, and central A/C. Located 2 minutes west of the Kennedy Expressway and steps to public transportation. Currently leased month to month by law firm.