Chicago IL Real Estate & Commercial for Sale

Attractive +/- 1,440 sf building has office and/or retail uses. Currently laid out with one oversized office, 4 cubicle spaces, 3 washrooms (one with a shower!). There is a kitchenette and a partial basement. The garage (+/- 384 sf) is connected and convereted into office and storage space. 12+ ft ceiling height with can lighting. The building has rolling security shutters on both doors. The roof looks great. As Is sale. There is office furniture in the building that can be included in the transaction.

Introducing a prime investment opportunity in Chicago, IL - a fully occupied 7,200 SF retail/strip center built in 2008. Zoned B3-1, this property boasts full occupancy, presenting a stable and lucrative income stream. The inclusion of a liquor store in the sale enhances the investment appeal, catering to the diverse needs of the densely populated area. Strategically located in a high-traffic zone, this property offers an exceptional chance for retail/strip center investors to capitalize on a well-maintained, income-producing asset in a thriving market.

FANTASTIC INVESTMENT OPPORTUNITY!! BEAUTIFUL 8 UNIT BRICK BUILDING COMPLETELY UPDATED EXCEPT 1 UNIT ( LONG TERM TENANT THAT DIDN'T WANT HIS UNIT TO BE UPDATED). SEPARATE ELECTRIC/GAS, OWNER PAYS WATER AND HEAT. NEW ROOF, WATER HEATERS, BOILER, BASEMENT LAUNDRY AREA WITH A BATHROOM, NEW CONCRETE PARKING PAD IN THE BACK ALONG WITH A 2 CAR GARAGE, ENCLOSED REAR PORCHES, THE FRONT 4 UNITS HAVE BRICK BALCONIES. NOTHING TO DO BUT TAKE OVER AND COLLECT RENT!!

Chicago's Chatham Neighborhood - Established location Previously Mather Cafe and Ooh We It Is restaurant. Excellent one of a kind location in Chatham at Dan Ryan and 83rd St. 5,053 SF building with 28 car secured parking lot. Property includes 6' hood, large seating areas and 4 bathrooms and private offices. Kitchen only has sinks and no other equipment is included with the property. Potential to convert to Medical office or other office use.

This prime mixed-use building presents an exceptional investment opportunity, featuring eight residential units and three spacious storefronts, all completely vacant and ready for revitalization. Positioned in a sought-after location, this property is perfect for investors looking to maximize returns through strategic renovations or immediate leasing. With significant potential for value-added improvements and diverse revenue streams from both residential and commercial tenants, this property is an ideal canvas for those looking to create a high-yielding asset. Don't miss out on the chance to unlock the immense potential this building offers!

This massive site formerly housed the historic Charles S. Jackson Funeral Home. The possibilities are endless. Located on a busy street with many other Retail businesses. Priced to Move. Property needs complete rehab. Vacant & Easy to show. Short notice OK. OFFERS DUE BY NOVEMBER 14, 2024 AT 3:00 PM, AWARD DATE NOVEMBER 21, 2024 AT 5:00 PM. Immediate possession at closing. Property being sold AS-IS, Tax prorations, No survey provided - Special Warranty Deed conveyance. Please do your own due diligence prior to offer submission. Proof of funds required with all offers. This property is mixed-use and all offers should include a plan to include residential.

Wonderful all brick 6 unit in Chatham. Fully occupied. One 3- bedrooms unit. Two 2-bedrooms units and three 1-bedroom units. Each unit has dining room, living room. 3-car newer garage. Laundry in the basement plus 2 extra rooms for storage. New insulation in the attic. Low Taxes. Great Investment opportunity. Schedule your showing today.

Everybody wants Chatham, but only a few properties come up for sale that are in the heart of Chatham between State and King Drive. This 8-unit gem has been owned by one family since 1956. Has spacious units with dining rooms and large kitchens. There are 4 - 2 bedroom units and 4- 1bdrm units. Most units have dining rooms. Not found in the average commercial buildings. This property was built for family living. Has 4 car garage and ample rear yard for those lazy summer outdoor activities. Let's talk... This is a great building for a family or for an investor looking to get maximum return on investment. Cause everybody want to live in a community that shows the pride of ownership. Let's be clear, the current rents do not reflect earning potential because of long term tenants. The heirs have decided to give another owner the experience and pleasure of Chatham ownership. A Quiet block, close to schools, shopping and transportation. This is the heart of Chatham. A great place to raise a family or spend your retirement. No problem getting good tenants in this area. Come and see why Chatham is the most desirable far southside community in Chicago. This is an area with long term tenants and owners where neighbors really know each other. Buyers must be pre-qualified. No offer accepted without lender approval . This is not your typical apartment building. This property has been lovingly cared for by one family for more than sixty years. Roof was recently re-coated as part of regular maintenance program. Got a big family? This building is the answer to a prayer. This could be your ticket to generational wealth building.

Pleased to present the multifamily property and land parcel located at 6919-25 S. Yale Ave. in the vibrant Greater Grand Cross neighborhood of Chicago. This investment opportunity, located in Chicago's growing Greater Grand Crossing neighborhood, consists of a six-unit multifamily property and an additional 4,389 square foot land parcel, both offered at a competitive price of $550,000. The property is being sold "As-Is". The multifamily property comprises (2) three-bedroom, one-bathroom units and (4) two-bedroom, one-bathroom units, providing a diverse mix that appeals to families and professionals alike. The current net operating income (NOI) is $55,505, generating a robust cap rate of 10.09%. With potential value-add improvements and rent increases, the pro forma NOI is projected to reach $62,715 increasing the cap rate to a strong 11.40%. The property benefits from its location in Greater Grand Crossing, a neighborhood experiencing revitalization and increased demand for rental housing. With close proximity to public transportation, schools, parks, and local amenities, it offers tenants a desirable living environment while ensuring high occupancy and stable rental income for investors. The larger units cater to families seeking spacious accommodations, which can result in longer-term tenancy and reduced turnover. One of the standout features of this investment is the included 4,389 square foot land parcel, which provides additional flexibility and growth potential. Investors can explore various development options, such as constructing additional residential units, creating parking or green space, or pursuing commercial development, depending on zoning and market demand. This land parcel adds substantial long-term value to the investment, offering opportunities for further income generation or capital appreciation through development. The current cap rate of 10.09% offers immediate cash flow, and with strategic management, the property's income can be further enhanced. Rent increases, unit upgrades, and operational improvements can drive up the NOI, boosting profitability and return on investment. Additionally, the property's location in a growing neighborhood positions it for future appreciation as the area continues to develop. In summary, this investment opportunity offers a combination of immediate income, value-add potential, and development upside with the included land parcel. At a purchase price of $550,000, the property is attractively priced for investors seeking strong returns, stable cash flow, and long-term growth potential. With the potential to increase rents, enhance property value, and capitalize on the land's development possibilities, 6919 - 25 S. Yale Ave. presents a highly compelling opportunity in Chicago's evolving multifamily market.

Incredible investment opportunity in West Chatham! Well maintained building with opportunity to increase rents significantly with unit improvements. Building has 2 commercial units rented to a religous organization and tshirt retailer paying 1,050 and 1,300 respectively. 8 residential 1bed/ 1bath units above that are all on month-to-month leases paying rents of 675/ month on average. Recent tuckpointing project completed. Separetly metered gas and electric with 400 amp service to building. Water heater just 4 years old. Income producing basement serving as storage. Parking pad in rear of building not being monetized.

EXCITING COMMERCIAL OPPORTUNITY FOR ASTUTE INVESTORS! Located in the thriving Barack Obama Presidential Library area, this property features a part ownership stake in the renowned Chicago Doughboy Restaurant, a cutting-edge fire suppression system, and owner-owned equipment. Additionally, there's a well-established barbershop and eight 2-bedroom apartments, with tenants responsible for utilities, central air, and recent renovations. The property also includes rear parking. A fantastic cash-flowing investment awaits!

Crerar Memorial Presbyterian Church, is a stunning three story, approximately 32,000 square foot structure. The asset includes a church, school, offices, meeting rooms, a tower structure, fellowship hall with kitchen and gymnasium with a stage. The building(s) has about nine (9) bathrooms, three (3) of which have been updated. The roof and gutters appear to be well-maintained. The center building's roof has HVAC Units. These units heat and cool the two-story office and meeting room of the center building. The church is cooled by central air conditioning and heat with a boiler. Acquire this facility for special use as a church, school, art museum or for new development. Needing a new boiler the asset is being sold as-is. The building structure sits on a 37,518 square foot parcel of land which includes a forty (40+/-) car, asphalt, and parking lot. History: In 1897, the Second Presbyterian Church constructed a facility near 59th and Indiana named Crerar Chapel. In 1908 a newer, larger building was constructed on the corner of 57th and Prairie Avenue to house the officially organized congregation Crerar Memorial Presbyterian Church. It is understood portions of the church were built around 1948 and earlier. The corner stone on the tower structure reads MCMXXVIII or 1928.

Cash Flow Around 13 cap!!! BRICK 6 UNIT (3) 2 BDRM &(3) 1 BDRM. ALL HAVE FORMAL DINING ROOMS. 1BR units can be converted to 2brs. Updated Kitchen and Bathrooms. NEW 400 AMP SERVICE, Recent boiler. Newer Tuckpointing AND 3 CAR GARAGE.

This newly remodeled mixed-use building presents a unique investment opportunity with 14 income-producing units, comprising 6 residential apartments and 8 retail/office storefronts. Residential Units: Total: 6 units Configuration: (5) 1 bed/1 bath units and (1) 2 bed/1 bath unit Retail/Office Storefronts: Total: 8 units Features: Gas, forced heat, and central air Location & Accessibility The property is conveniently located close to Metra 79th St Station Interstate highway Investment Potential Opportunity Zone: Situated in an Opportunity Zone, this property qualifies for various city grants, providing additional financial incentives for investors. Community and Amenities: With its prime location, ample amenities, and a strong sense of community, this property is poised for consistent occupancy and income generation. Building Condition: The building violations with the City of Chicago have been mostly cleared, with the exception of four violations that the owner is actively working on resolving. 7900 S Drexel Ave is a strategically located, newly remodeled mixed-use asset offering significant income potential and long-term growth. Its residential and commercial units, combined with the benefits of being in an Opportunity Zone, make it an excellent investment for those seeking robust returns in the Chicago real estate market. Don't miss the chance to capitalize on this prime investment opportunity.

Two story mixed use property with great upside potential. The 1st floor features 2000 Sq. Ft of vacant office space. The second floor features two -2 BR, 1-Bath units. Both are separately metered. There is also a full unfinished basement. The property is located on a corner lot. Use your imagination on this property ! The property is being sold " as is".

Presenting a beautifully updated, fully occupied 6-unit building, perfect for both investors and homeowners. The property features five 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all with living rooms. Each unit has been tastefully renovated, with modern kitchens and baths, updated plumbing, and individual furnaces. Tenants are responsible for their own electricity, heating, and cooking gas, ensuring a strong cash flow and cap rate. The building also offers potential for additional income by installing a coin-operated laundry and an extra livable unit in the spacious basement. The exterior is well-maintained, featuring new windows and a full perimeter fence. While the 3-car detached garage requires some work, it provides excellent on-site parking opportunities. Sold "AS IS." Please refer to the additional documents for the Financial Pro Forma.

Presenting a beautifully updated 6-unit building in East Chatham, ideal for both investors and homeowners alike. Each unit has been tastefully renovated with modern kitchens and baths, featuring new electrical service and panels, updated plumbing, and individual furnaces. Tenants cover their own electricity, heating, and cooking gas. The building is 5 out of 6 units occupied, consisting of three (3) 2-bedroom/1-bath units and three (3) 3-bedroom/1-bath units, all offering living rooms. There's potential for additional income by installing a coin-operated laundry in the spacious basement. The exterior is well-maintained with a full perimeter fence, new windows, a new porch, and extensive tuckpointing. The 4-car detached garage, which requires some work, offers excellent on-site parking opportunities. This property is preferred to be sold as part of a portfolio with another property located just 50 feet away. Sold "AS IS." Please refer to additional documents for more information. Please select "Additional Information" for the Pro Forma.

Beautiful multi-family brick building with six units, located in the historic Chatham. All six apartments in the building feature formal dining room, large bedrooms and living rooms. The building includes (3) one bedroom/ one bathroom units and (3) two bedrooms/ one bathroom units. The full size basement comes with an extra storage for each unit, a party room with wet bar, an additional room and a half bathroom that could be used for additional income. The property comes with 4 car garage that can be rented and generate extra income. Decent size backyard for tenants to enjoy in the warm weather. Conveniently located close to shopping area, public transportation, schools and parks while being tucked away on a beautiful tree lined street. Sold AS IS !

Stop by this well maintained 10 unit in the Chatham community.Current cap rate is 10.21% with the opportunity to raise rent and increase your profit. Location is central to local retail stores and transportation. This property boast individual heating, spacious units, and is ready for an owner occupant or investor. Property is being sold As-Is.

9.7% In-Place Cap Rate with potential to increase current below market rents. Gross Income $82.464. All brick 8 unit in Grand Crossing neighborhood. Less than block away from the 71st & Eberhart bus stop, blocks away from Chicago's 69th train stop, this property sits between the I-94 Express and I-90 interstate which both provide for quick and convenient transportation. This 8 unit has a unique unit mix of apartments and is comprised of two 3Bd/2Ba units, two 2Bd/1Ba unit, and four 0/1Ba studios. All have hardwood flooring throughout with an open style concept. This property has been well kept and is ready for its next investor or owner occupant. Property is being sold As-Is.

CHURCH WITH DAYCARE CENTER BUILDING. This beautiful 300 seated Church Sanctuary in Park Manor has Gorgeous Cathedral Ceilings with stunning Stained Glass Chandeliers and Beautiful Kneeling Communion Railing, a Baptism Pool, Hammond Organ, Baby Grand Piano, Large Choir Loft, a Pastors Office and a ground level Handicapped Bathroom. Fellowship Hall with a Stage in lower level with a Women's Restroom, Men's Restroom, two offices, and a Kitchen area. The Church sits on 13,000 sq feet of land with an adjacent parking lot.

7236 S University is a center entrance apartment building in the Pocket town neighborhood. The building consists of three (3) three-bedroom / one-bathroom units, three (3) two-bedroom / one-bathroom units. Many updates including newer furnace, updated kitchens and baths, in-building laundry. Large units with partial subsidized rents.

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 6/6/24: 2021 - $17,005; 2022 - $15,095; 2023 - $7,312