Chicago IL Real Estate & Commercial for Sale

SVN Chicago Commercial is pleased to present 291 N Union Ave for lease or sale. The recently updated 623 SF retail storefront offers an open layout suitable for a range of small retail concepts. The space has 14' high ceilings, brand-new tile floors and repainted walls. Additionally, the space has a large bathroom and is move-in ready, however, can be easily partitioned. Conveniently located in the Fulton River District, this retail space benefits from a dynamic local community and easy accessibility. Located steps away from the Clinton Blue Line stop as well as near Interstate 90/94 and downtown Metra Stations, this storefront is accessible via multiple modes of transportation.

Built-out ready, newly remodeled turn-key Office condo available in west loop close to Fulton Market, 9+ ft ceiling, with LED light tracks in all rooms, two private office rooms, one conference room, front desk and waiting area, one shared bathroom with (2/3 ownership), independent central heating/cooling system, parking spaces can be leased from the building, around 200 each month, no waiting list. Brand new waterproof laminating flooring throughout the space. High ceiling. Large windows surrounding, bringing natural lights. The building facilitates exercise room and party room. Front desk security service and package receiving room service. The main entrance of the office is from 325 N Des Plaines St, the other entrance is from the building of 330 N Jefferson St. Across street is Jewel-Osco, Chase bank, two blocks away from Subway station (Clinton pink/green line), Ogilvie train station. The building HOA covers water/cable/internet/exercise room. Booming Fulton Market commercial area. Suitable for accounting/attorney/civil engineering or consulting services.

The ground floor corner retail condo located at 657 W Fulton Market offers a prime investment opportunity with high visibility at the base of a 75-unit condo development. The property is 100% leased to the international daycare operator Kids & Company, which has 170 locations across the U.S. and Canada. The lease has over 8 years remaining on a 15-year initial term, with scheduled annual rent increases and a 5-year renewal option. The 5,142 SF commercial condo includes three deeded parking spaces and is surrounded by major corporate headquarters and luxury residential developments. The property benefits from excellent transportation access via the Clinton CTA Station and nearby I-90/94.

565 W. Randolph St offers investors a unique opportunity to acquire a prime asset in Chicago's West Loop, a neighborhood celebrated for its dynamic blend of commercial and residential growth. This 59,981 SF Class C office building, constructed in 1872, combines historical charm with modern functionality, featuring both a passenger elevator and a freight elevator. At $250 per SF with a purchase price of $14,995,000, this asset provides immediate stable cash flow along with significant value-add potential through a strategic conversion plan. The property is currently 98% occupied, with nine tenants, including ground-floor anchors Proxi and Sepia-two Michelin-starred dining establishments that recently renewed their leases for another five years with additional renewal options. This established retail presence ensures strong income stability for investors. Key Conversion Opportunity: Office to Multifamily Apartments This asset presents a compelling opportunity for an office-to-residential conversion, allowing investors to capitalize on the increasing demand for multifamily units in the West Loop. The property offers a phased approach to conversion: 43,624 SF (72.8% of the building) can become available by the end of December 2024, providing the majority of the building for potential apartment conversion immediately after acquisition. An additional 1,642 SF (2.7% of the building) will become available between March and November 2026 as leases expire, offering further flexibility for phased redevelopment. The final 5,550 SF (9.2% of the building) will become available between January and April 2029 upon lease expirations, enabling investors to continue generating income from office leases while gradually converting spaces to residential use. Strategic Investment Potential This asset allows for a phased redevelopment strategy, maximizing cash flow while taking advantage of conversion opportunities as leases roll over. The property's prime location offers proximity to top-tier transportation, shopping, dining, and green spaces, making it highly attractive to prospective residential tenants. By converting the office floors to apartments, investors can tap into the strong rental market in the West Loop, while still benefiting from the stable income of long-term retail tenants. With strategic upgrades and a phased conversion plan, investors can elevate rental rates, attract premium residential tenants, and significantly enhance the property's value. The unique combination of historical architecture, Michelin-starred retail tenants, and conversion flexibility positions 565 W. Randolph St as a standout investment in one of Chicago's most sought-after neighborhoods.

Office condo steps from union station, the loop business district and Kennedy Expressway. Clean highly updated loft office space in Elevator building. Entry/reception desk, glass walled conference room, 7 private offices, large kitchenette with dishwasher and room for table. Furnishing available for purchase. Phone room or small additional office. Maintenance staff on sight during work hours. Owner and employees have 24-hour access to building. Intercom and buzzed system in place for security. Reasonable assessments. Great space in even better location. Parking can be also purchased in property across the street that's owned by the seller.

Office condo steps from union station, the loop business district and Kennedy Expressway. Clean updated loft office space in Elevator building. Entry, conference room, kitchenette with dishwasher and lots of large windows along Jefferson for natural light. Large open room that could house multiple office if needed otherwise great collaborative work environment. Fully furnished. Maintenance staff on sight during work hours. Owner and employees have 24-hour access to building. Intercom and buzzed system in place for security. Reasonable assessments. Great space in even better location. Parking can be also purchased in property across the street that's owned by the seller.