Chicago IL Real Estate & Commercial for Sale

MASSIVE AND BEAUTIFUL CHURCH WITH SEPARATE SCHOOL BUILDING ON A 6 CITY LOTS. PLENTY OF PARKING. SANCTUARY SEATS ABOUT 120 WORSHIPERS. PROPERTY NEEDS REHAB OR CAN BE REDEVELOPED. SOLD AS IS WHERE IS. ACT NOW!

North Mayfair Legal 5 Flat- Spacious (2) 5rm-2bdrm-1bth and (3) 4rm-1bdrm-1bth apartments- (3) updated kitchens- (4)C Brick and 2.5C Frame Garages- Hardwood floors thru out- Two separate staircases- Basement coin laundry- Storage unit for each apartment- Separate work room w full bath, storage and exit door- (6) GFA furnaces and (4) C/A units- Two tankless water heaters, one used as back up- Pressure booster pump- Tear off building roof, tuckpointed parapets & recoated brick garage roofs 2015- Front tuckpointed/ lintels repaired 2021- Building/ garage electric completely rewired- Copper horizontal water pipes- Chimney Liner- Appliances include (6) refrigerators, (5) stoves, (3) dishwashers, (2) washers and (2) dryers- Large yard.

46-unit multifamily asset in the rapidly developing neighborhood of United Center/Near West Side. Professionally managed and Fully staibilized this property has approximately 40,500 RSF, containing a mixture of two-bedroom/two bath and one-bedroom/ one bath apartments, with two elevator bays, 1:1 attached garage parking and common rooftop deck. Gross Monthly Income of $99,799 priced at 6.2% Cap Rate. Pro Forma at 7.1% Cap Rate. Completed in 2020 to an elevated standard all units are inclusive of stainless-steel appliances, quartz countertops, all new plumbing and electrical systems, in-unit laundry, custom outfitted closets, window treatments and more. With the United Center and Medical District just blocks away and the new Green Line stop at Damen and Lake opening late summer 2024, the Near West Side is a highly trafficked area that includes easy access to grocery stores, bars, restaurants, hotels, and various other entertainment options with much upside on the horizon. In addition to the new Green Line Station and being on a major bus route, the subject property offers tenants excellent transportation options via the Dan Ryan, Eisenhower & Blue Line stations.

Discover an extraordinary investment opportunity in the heart of Chatham with this classic Chicago-style brick six-unit building. Each unit features 2 bedrooms and 1 bathroom, offering a versatile layout perfect for a variety of tenants. This property is brimming with potential, awaiting your vision to restore it to its former glory. Key Features: Prime Location: Situated in the vibrant Chatham neighborhood, known for its strong community and rich history. Spacious Units: Six well-designed 2-bedroom, 1-bathroom units. Investment Potential: Ideal for renovation and value-add strategies, offering substantial ROI. AFTER REHAB VALUE $500K+ Vacant Units Available for Viewing: Two units are currently vacant and available for showing. Please respect tenant privacy in occupied units. Important Details: Buyer Responsibility: The buyer is responsible for addressing city code violations. As-Is Sale: The property is being sold in as-is, where-is condition. Additional Information: For more details, please refer to the "Additional Information" tab in the MLS. This is a rare opportunity for serious investors to acquire a property with significant upside potential. Bring your ideas and expertise to transform this distressed asset into a prized income-producing property.

Presenting an exciting opportunity to acquire a recently rehabilitated mechanic shop, meticulously renovated and ready for a new owner's vision. This extensively refurbished facility exudes a fresh, contemporary appeal, with updated flooring, lighting, and infrastructure enhancements throughout. The layout has been optimized for workflow efficiency, offering a blank canvas for customization to suit your specific business model. Located in a prime area with high visibility, this turnkey space is ideal for aspiring entrepreneurs looking to establish their presence in the automotive service sector. Embrace the chance to put your stamp on this revitalized establishment and capitalize on its potential for growth and success.

Amazing opportunity to acquire a well-established restaurant and building with over 30 years of history. This fully equipped establishment includes all fixtures and a robust online presence. Running a restaurant requires dedication and hard work, so be prepared for the challenges ahead. However, with proper planning and execution, you can turn this into a highly successful and lucrative venture. The decisions are in your hands! Please do not disturb the dedicated employees. Located at the southwest corner of Lawrence and Keeler, this property is ideal for various types of businesses. It is very well-maintained and over 10 parking spaces. The seller is retiring.

Attention investors! Great investment property to add to your portfolio. Commercial building located on a corner that has two store fronts that are both occupied with great tenants and businesses. Located on busy Archer Ave. with lots of traffic and business all around. 1st store front is 1400 square feet and is currently a tattoo shop and the 2nd store front is 1800 square feet and is currently Edible Arrangements. Building also comes with the largest signage on Archer Ave. There are 2 parking spaces behind the building and 12 slanted City parking spaces on side of building along with additional city parking on west side of street. Both tenants have 5-year leases and are currently in their 3rd year of lease. Tenants also have optional to renew for another 5-year lease when current leases expire. Each store front has separate utilities which tenants are responsible for paying. Owners pay water bill, insurance and taxes. The building is for sale only not the businesses. Please do not approach or disturb the tenants.

WELCOME to this mixed-use money making machine! This unique brick building is now ready for a new owner. Located in a large corner double lot in an up and coming area. It offers 2 successful businesses with long-time leases and 4 apartments with long-time tenants. First store is a grocery store with restaurant in the back, second store is a cell phone/clothing store. All apartments have been very well maintained. Each unit has its own updated electrical panel. Every tenant in the 4 apartments own their refrigerator and stove/microwave. Newer roof, updated deck, large privacy iron fence with 3-4 Parking spaces. Full basement, partially finished. Plus take advantage of the LOW PROPERTY TAXES on this massive building! Schedule your private showing today!

Solid Brick 6 flat, corner building. 3 two bedrooms and 3 three bedroom units. 4 of 5 units have been rehabbed within in last year with new appliances. Property in process of tenant stabilization and 2 units currently vacant. Large units with great potential rent, currently marketing one of vacancies.

Mixed use building in Ukrainian Village. Perfect for owner user. This well maintained developer owned building is an excellent opportunity to maximize your rental income potential. First floor commercial unit connected to large heated bi-level storage/warehouse space and 4 car brick heated garage. Two residential units above are 2bedroom one bath remodeled with new kitchens and bath. In unit washer/dryer. Central heat and AC.

Desired Lincoln Park mixed-use building with rehab opportunity in A+ location. The property has been in the family for more than four decades and well taken care of, but the two residential units are in need of updates. Zoned B3-2, in the heart of restaurants, retail stores, single family homes and condominiums, and just a few blocks away from DePaul University. The building is situated on a 25' x 125' lot with alley access in the back and 2 tandem parking spaces (4 spaces). 2 residential units and 1 remodeled, commercial retail space. The first floor is currently occupied by an established business with long term potential. The second floor apartment consists of 3 bedrooms, 1 bath, separate dining room, and a large, private outdoor deck! The third floor apartment was updated in 2022; could be a great owner's unit! The open floor plan with 2 bedrooms, 1 bath, plus a den is outfitted with granite counters and white cabinets. Both residential units feature high ceilings, hardwood floors, in-unit washer & dryer hook up, and large windows. Excellent transportation options within walking distance. Great for investment and/or owner-occupied. Check out the floor plans to see how much space this building has to offer! Sold As-Is.

Great Location on Busy Ashland Avenue! Free standing store w/Alley Access, Plenty of Parking. Perfect for strip Mall, use it for parking lot or business office Building! Close to shopping, transportation. You can build up inside as you wish. **Sold As-Is**.

One of Brighton Park's finest mixed-use property with excellent income! Property is made up of 4 fully occupied retail storefronts and 6 residential apartment above all offering 1 bedroom and 1 bath. All units have individual forced air and hot water tanks. Tenants pay electric and gas. Building has new roof, new windows, new furnaces, a/c units. New tuckpointing and a rebuilt East wall. 10 parking spaces available along with ample street parking. All units have separate pins.

Investment opportunity! Brick 6-unit building close to Chicago State University. Nicely updated 3 bed/1 bath units. Enclosed yard with front gate intercom. Kitchens includes fridge, range, microwave, and dishwasher. Furnace/water heater in each unit. Common laundry. 4-car garage. Easy access to shopping, public tran, parks, and the lake!

Welcome to a prime investment opportunity! This newer brick 12-unit apartment building boasts a smart mix of 10 spacious 2-bedroom units and 2 cozy 1-bedroom units, ensuring a steady cash flow. Situated in a desirable location, tenants enjoy modern living with balconies. Recent upgrades including a newer boiler and carpet ensure low maintenance costs. Whether you're a seasoned investor or a newcomer to real estate, this property promises excellent returns and long-term value. Act fast - opportunities like this don't last long!

Allow us to introduce our newest listing!! With a total of 10 parking spaces on the exterior and 7 units in the building, this property is the PERFECT investment!! 4/5 RESIDENTIAL UNITS BEING RENTED OUT PLUS 2 MORE COMMERCIAL UNITS! As you enter, notice the fully gutted-out commercial spaces which one can modify to their liking and lease out, as well as the staircase to all the other various units in the building. with a total of 7 units, 5 are residential units and 4 are already rented out for $825. on top of this, the 2 extra units are commercial spaces that are fully empty. ALL apartments have passed city HVAC, Electrical, and plumbing inspections in 2019. The NEW porch passed city inspection in 2019 Located conveniently near public transportation, local grocery stores, many retail shops, and expressways, this property will match perfectly with any tenants looking to lease or rent their new apartment!! Even with some areas of the property needing work, the majority of the units have already been retouched and move-in ready for your convenience!!! Come and schedule your private showing!!

Heart of Wicker Park! Currently vacant, this 2 unit building is set up for a retail/salon with an updated powder room on the 1st floor and a large 2 bed+ den with 1 full bath apartment on the 2nd floor. Large basement, great for storage and laundry hook up. Individual HVAC. Well taken care of building with a long time owner. Deck, yard and 2 car exterior parking in the rear.

Key Details: Building Type: Multifamily Units: 7 total (4) units: 4-bedroom (2)units: 3-bedroom (1) unit: 2-bedroom Listing Price: $965,000 Net Operating Income (NOI): $77,980 Capitalization Rate (Cap Rate): 8.08% Location & Market Insights The property is situated in a vibrant area of Chicago with ongoing urban development, making it highly desirable for potential renters. It is conveniently located near essential amenities such as grocery stores, restaurants, schools, and parks, which enhance the quality of life for residents. Additionally, its proximity to major transit routes ensures easy commutes, making it an ideal location for working professionals. The neighborhood boasts various cultural attractions, further adding to its appeal. The tenant demographics are diverse, ranging from families to young professionals, reducing the risk of vacancies. Market trends indicate that the cap rate aligns well with average rates in the area, signaling a well-priced investment opportunity relative to its income generation potential. Investment Highlights Investing in this property offers the potential for a steady income stream due to its diverse unit mix, which reduces vacancy risk and increases rental appeal. The competitive cap rate of 8.08% reflects a strong return on investment. Additionally, the property's proximity to ongoing developments supports long-term capital growth, offering prospects for value appreciation. The building's potential for rental rate increases and improved occupancy rates adds to its investment appeal. Its strategic location enhances its desirability for potential renters and supports stable demand, making it an excellent choice for those looking to expand their real estate portfolio with a multifamily residence that provides immediate rental returns and promising long-term capital growth prospects.

This is an open spacious retail/office space ready to fix into a great space! This space has recently been opened up, renovated, and would be a perfect office or practice! Recently painted walls don't miss out! This space boasts a great 1800 sq ft which is an amazing amount of space for any office such as travel agencies, insurance/medical office, and beauty salons. Located in a busy area that gets tons of foot traffic. Close to Aldi, shopping, laundromat, food, and public transportation!

Introducing a promising 5-unit building with a variety of living configurations. The property comprises the following: 1F - 1-bedroom unit, 1R - 2-bedroom unit, 2F - 1-bedroom unit, 2R 2-bedroom, and 3 - a spacious 3-bedroom unit with central AC on the third floor. Residents benefit from convenient coin-operated laundry facilities located in the basement. There is also 3 additional storage spaces in the basement that tenants can rent out, and space for at least 4 cars to park in the rear of the property. With separate gas and electric utility meters for each unit and low property taxes, this investment offers financial stability and ease of management. All units are currently occupied by carefully screened, reliable tenants, ensuring a consistent income stream for investors. This is an excellent opportunity for investors seeking a solid return on investment. Schedule a viewing today to explore the potential of this property!

Ideal location for Mixed-Use, Retail, Office, Medical or Restaurant business. Priced to Move. Property needs complete rehab. Vacant & Easy to show. Short notice OK. Immediate possession at closing. Property being sold AS-IS, 100% 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.

BEAUTIFUL 8 UNITS BUILDING THAT NEEDS REHAB. IT SITS ON A HUGE LOT WITH SIDE DRIVE AND VERY NICE STREET. GARDEN UNIT WITH 2 BEDROOMS, 1 BATH; FIRST FLOOR WITH 4 BEDROOMS AND 2 BATHS; SECOND AND THIRD FLOORS WITH THREE 1 BEDROOM AND 1 BATH UNITS. 9 ELECTRICAL METERS, 8 GAS METERS. PLENTY OF PARKING SPACE. SOLD AS IS WHERE IS. ALL UTILITIES ARE TURNED OFF EXCEPT WATER AND SELLER WILL NOT BE TURNING THEM ON. SHOWINGS BEFORE 2PM. ACT NOW!