Chicago IL Real Estate & Commercial for Sale

GREAT RETAIL SPACE IN BUSTLING WICKER PARK COMMUNITY LOCATED ON A VERY BUSY MILWAUKEE AVE WITH HEAVY FOOT TRAFFIC. OPEN UP YOUR BUSINESS, SUCH AS PET CARE, BAR, CAFE, RESTAURANT ETC. UNFINISHED FULL BASEMENT IS WAITING FOR YOUR PERSONAL TOUCH TO MAKE IT COME ALIVE IN CASE MORE SPACE IS NEEDED.

Prime Two-Story Retail Building with plenty of parking - Turn-Key Business Opportunity! Seize this incredible opportunity to own a beautifully renovated, mixed-use building in a high-traffic, highly sought-after location! This two-story gem offers endless possibilities for business owners and investors alike. The second floor has been tastefully renovated and sectioned into eight modern suites, 6 of which are already leased, generating 4,000 in monthly rental income. The Pro Forma cap rate will be around 23 when you finish the first floor and put a tenant or two in there. Should be able to generate 2000 additional income per month. The first floor is a spacious, blank canvas spanning over 2,500 sq. ft., ready to bring your vision to life-whether it's more salon suites, a restaurant, cafe, boutique, office, or retail space. High ceilings, newer windows, modern fixtures, and stylish coverings create an inviting atmosphere for any business concept. Additional features include a newly built back porch, a huge basement and garage ideal for extra storage or parking. This property is a rare find with immense potential in a thriving area-don't miss your chance to make it yours! Schedule a viewing today!

The subject property Rectangular, interior-block site, which is zoned C1-2, Neighborhood Commercial District in Chicago, Illinois. It is improved with a one-story, masonry constructed, single-tenant, retail building that was built in 1913. The subject building is a retail storefront building which has been owner occupied as a bus terminal but is currently vacant.

Presenting a rare chance to acquire a portfolio of five fully furnished residential condominiums and two prime commercial storefronts in a premier Gold Coast location-one of the city's most desirable and high-traffic intersections. This offering includes: Two street-level commercial units totaling 1,560 sq. ft., currently leased to a restaurant. Five 1- and 2-bedroom residential condos fully furnished and operating as successful Airbnb rentals. This grouping comprises over 19% ownership of the entire condominium association, providing a level of control rarely available to investors. With low property taxes and modest HOA dues, this is a high-margin, cash-flowing asset in one of Chicago's most prestigious neighborhoods. Opportunities like this-especially in such a strategic location-are increasingly rare. Don't miss your chance to secure a stake in the future of the Gold Coast.

NEW CONSTRUCTION 14-unit boutique building located in booming Jefferson Park and built by an experienced builder with over ten years' experience building in the Chicagoland area. Built as a condo building, this property was finished to the highest quality, each 2-bed and 2 bath unit including quartz counters, stainless appliances, in-unit washer/dryer, garage parking, and private decks. Ideally located next to parks, public transportation, and just minutes from Jefferson Park Metra, Blue Line, and I-90. Absolutely Turn key property. $515,000 Gross Yearly Rental Income. 6 CAP Rate.

HOT Bucktown Neighborhood offers this wonderful commerical condo storefont for sale! Just north and down the street from Western/Milwaukee Blue Line station and a few blocks from the 90/94. High foot & street traffic block. Large front windows for tons of natural light. 10' ceilings with exposed ductwork. Zoned B3-2 which allows for a variety of uses (previously a hair salon). No food or Liquor business allowed. This space is vacant and available immediately. Don't let this wonderful business opportunity get away!

HOT Bucktown Neighborhood offers this wonderful commerical condo storefont for sale! Just north and down the street from Western/Milwaukee Blue Line station and a few blocks from the 90/94. High foot & street traffic block. Large front windows for tons of natural light. 10' ceilings with exposed ductwork. Zoned B3-2 which allows for a variety of uses (previously a hair salon). No food or Liquor business allowed. This space is vacant and available immediately. Don't let this wonderful business opportunity get away!

RARE OPPORTUNITY TO ACQUIRE THIS 2,400 SQUARE FEET DISTRIBUTION WAREHOUSE ZONED B3-2 WITH OFFICES IN THE DESIRABLE WEST TOWN AREA. THIS PROPERTY FEATURES 4 OFFICES (3 SPACIOUS OFFICES ON THE 1ST LEVEL & 1 LARGE OFFICE ON THE 2ND LEVEL), STORAGE, WAREHOUSE & 1 FULL & 2 HALF BATHROOMS. CURRENTLY LEASED. RECENT UPGRADES INCLUDE NEW FRONT DOOR IN 2020, NEW HVAC & A/C IN 2023, NEW WATER HEATER IN 2020, NEW GARAGE DOOR OPENER IN 2024, AND NEW RUBBER ROOF IN 2022. WHETHER YOU CHOOSE TO OCCUPY THE PROPERTY OR INVEST IN ITS FULL POTENTIAL, THE POSSIBILITIES ARE ENDLESS. WITH RENTAL INCOME, THIS INVESTMENT IS SURE TO THRIVE. ENJOY CLOSE PROXIMITY TO GROCERY STORES (MARIANOS), COFFEE SHOPS, ENTERTAINMENT, DINING, METRA & I90.

This prime mixed-use property is located in Chicago's historic Motor Row District and offers excellent potential for retail, office, or residential use. It boasts high visibility, strong foot and vehicle traffic, and convenient access to CTA transit, Red and Green Lines, and major expressways (I-90/94 and I-55). Just minutes from the South Loop, McCormick Place, Museum Campus, and the University of Chicago, it's surrounded by ongoing development, restaurants, and cultural landmarks-making it a valuable opportunity in a thriving, well-connected neighborhood.

Fully Renovated 15-Unit building in the Heart of Old Town. Everything was done on this property - new roof, windows, massive back decks, water service, electrical service, insulation including gypcrete and blown in insulation between floors, kitchens, baths, plumbing, HVAC, electrical, and more. Truly a turn-key property with additional upside through rental increases and implementing bundles services/internet fees. Easy access to public transit, Old Town shops and restaurants. There is one small commercial tenant in the front of the building on a 5 year lease.

Make your appointment to see this conveniently located mix use building in the center of Lakeview. This building has two separate store fronts on the main level and two apartment units on the 2 and 3 floor. Both apartment units have the same layout. Kitchen / formal dining room / living room with 2 bedrooms each and a full bath. the unfinished basement is ready for your ideas. Large back yard for summer recreation. The building is close to shopping and mass transit.

Attention Investors: Don't miss this chance to invest in a spacious 2-unit property with a full basement. 2 Car Detached Garage. This property is ripe for renovation, perfect for launching a new business. With two new 100 AMP electrical boxes to segregate residential and commercial power usage, this property offers a promising opportunity. Each unit will be able to be set up so they settle their own utilities. Sold in the condition it is currently in. Cash offers require proof of funds, Conventional financing requires a pre-approval. This property holds significant income potential. Great Location Near Metra, Shops, Dining, and the Beach!

33 Realty is pleased to offer a prime investment opportunity at 7250 S Merrill in the heart of the South Shore neighborhood. This well-maintained building features individual gas and electric meters, as well as hot water heaters for each unit, complemented by centralized furnace heating. These features contribute to efficient operation and low operating costs, making management straightforward for investors. The property also includes convenient coinoperated laundry facilities in the basement, enhancing tenant appeal. With updated units boasting modern stainless steel appliances and newer countertops, this investment is ready for immediate occupancy. There is ample parking space available for up to five cars, providing added convenience for residents. Investors will appreciate the stability offered by this property, with solid cash flow potential and room to increase rents. With low operational expenses and minimal renovations needed, this opportunity allows for continued profitability while maximizing returns.

Don't miss this incredible opportunity to own a legal 6-unit building with value-add potential-including space to add a 7th unit in the basement (check with zoning). Two units have already been gutted and are ready for your custom buildout. Recent improvements include a new boiler, water heater, and updated toilets. With solid bones and strong rental upside, this is the perfect canvas for a seasoned investor or rehabber ready to build serious equity and long-term income.

Prime opportunity for investors looking for both immediate cash flow and long-term upside. This well-maintained 8-unit building includes six spacious 3 bed / 1 bath units with hardwood floors, decorative fireplaces, large windows, and private decks, offering plenty of character and natural light throughout. Two garden units round out the mix: one 2 bed / 1 bath, and one 1 bed + office / 1 bath, perfect for added rental flexibility. Tenants enjoy convenient on-site laundry and extra storage in the basement, plus plenty of parking in back. Recent updates include new water heaters (both replaced within the last 2 years) and a modernized boiler system with wireless thermostats. The building is already producing strong cash flow, with room to add value over time. Located just a short walk to the Green Line and Washington Park, and with quick access to 90/94, this property offers a convenient location. Whether you're expanding your portfolio or jumping into multifamily for the first time, this building is a smart, solid play. *Professional photos coming soon*

This 33-unit mixed-use property, a bank-owned asset in Chicago's thriving North Austin neighborhood, presents an attractive investment opportunity in a historic urban setting. Constructed in 1925, the elegant terracotta building features 7 commercial storefronts, 20 one-bedroom/one-bathroom apartments, and 6 two-bedroom/one-bathroom apartments, creating a diverse and stable revenue stream. The property's varied unit mix appeals to a wide range of tenants, from small businesses to residential renters. Significant value-add potential exists through targeted upgrades, including modernizing the commercial spaces (notably the vacant corner unit), enhancing on-site parking, and improving laundry facilities. With strategic renovations and efficient property management, investors can unlock substantial cash flow and long-term appreciation in Chicago's dynamic rental market. Located in a vibrant, historic community with strong demand, this property is ideal for those looking to capitalize on the city's growing real estate opportunities.

Excellent location. This property offers numerous development opportunities. Whether to start your own business, rent it out, or build a new mixed use building. The neighborhood is ideal for commercial & residential development. This is a great opportunity for investors with a broad vision. The property is being sold in its current condition (AS IS), including the restaurant equipment (heating & air conditioning are not working). Due to building condition seller prefers a cash sale. Seller will not make any repairs. He is very motivated & ready to negotiate. Make your showing appointment today.

Welcome to an all brick building just steps away from Humboldt Park, and nestled in the heart of Augusta Boulevard, Kedzie Avenue, Sacramento Boulevard and Grand Avenue. This building boasts nearly 12,000 square feet of space coupled with very high ceilings for additional storage along with four access points. Essentially, there are two attached buildings with two different height clearances. The east building has over a 14 feet ceiling height clearance. The west building has over a 19 feet ceiling height clearance. There are two access points on the south side of the building and there are two additional access points on the north side of the building. All four access points can be reconfigured for additional height and width clearances as a result of additional masonry work. This building is Zoned C1-2 and there are many permitted uses, such as, but not limited to, a storage facility, a day care, animal services facility, artist space, building material sales, a restaurant, a tavern, a liquor store, office space, a hair salon, a nail salon, a laundromat, an amusement facility, a children's play center, a car wash and/or limited manufacturing facility. There are many conditional uses and one can even rezone the subject property. Please feel free to download the C1-2 Zoning guide in the Additional Information tab of this listing. NOTE: The current owners will remove their personal property prior to closing. Easy to show.

Amazing investment opportunity in Albany Park! Own a three-story apartment building with 83' of commercial frontage along Lawrence Avenue. The building includes 5 storefronts, 8 studios, and 2 two-bedroom apartments. The property includes a large fenced lot for parking in the rear for approx. 16 vehicles. Currently there are 2 vacant studios and 2 vacant storefronts. Add value through leasing of vacant units, unit renovations & rent increases. Each unit has individual furnaces. This corner property is located half a mile from the Kimball Station CTA Brown Line (6-minute walk). The immediate area is lined with long term established neighborhood restaurants including Chicago Kalbi, Cardona's Restaurant, Peking Mandarin Restaurant, Great Sea Restaurant, Nighthawk, Kabobi Persian, Lawrence Fish Market, and Noon o Kabob Chicago.

Welcome to an all brick building just steps away from Humboldt Park, and nestled in the heart of Augusta Boulevard, Kedzie Avenue, Sacramento Boulevard and Grand Avenue. This building boasts nearly 12,000 square feet of space coupled with very high ceilings for additional storage along with four access points. Essentially, there are two attached buildings with two different height clearances. The east building has over a 14 feet ceiling height clearance. The west building has over a 19 feet ceiling height clearance. There are two access points on the south side of the building and there are two additional access points on the north side of the building. All four access points can be reconfigured for additional height and width clearances as a result of additional masonry work. This building is Zoned C1-2 and there are many permitted uses, such as, but not limited to, a storage facility, a day care, animal services facility, artist space, building material sales, a restaurant, a tavern, a liquor store, office space, a hair salon, a nail salon, a laundromat, an amusement facility, a children's play center, a car wash and/or limited manufacturing facility. There are many conditional uses and one can even rezone the subject property. Please feel free to download the C1-2 Zoning guide in the Additional Information tab of this listing. NOTE: The current owners will remove their personal property prior to closing. Easy to show.

Welcome to an all brick building just steps away from Humboldt Park, and nestled in the heart of Augusta Boulevard, Kedzie Avenue, Sacramento Boulevard and Grand Avenue. This building boasts nearly 12,000 square feet of space coupled with very high ceilings for additional storage along with four access points. Essentially, there are two attached buildings with two different height clearances. The east building has over a 14 feet ceiling height clearance. The west building has over a 19 feet ceiling height clearance. There are two access points on the south side of the building and there are two additional access points on the north side of the building. All four access points can be reconfigured for additional height and width clearances as a result of additional masonry work. This building is Zoned C1-2 and there are many permitted uses, such as, but not limited to, a storage facility, a day care, animal services facility, artist space, building material sales, a restaurant, a tavern, a liquor store, office space, a hair salon, a nail salon, a laundromat, an amusement facility, a children's play center, a car wash and/or limited manufacturing facility. There are many conditional uses and one can even rezone the subject property. Please feel free to download the C1-2 Zoning guide in the Additional Information tab of this listing. NOTE: The current owners will remove their personal property prior to closing. Easy to show.

This solid 6-unit brick building features six desired 1-bedroom hardwood floor apartments, each offering great space and comfort. Located just minutes from the beach, the new Tiger Woods Golf Course, and the upcoming Obama Center and a highly anticipated Quantum Center, this property sits in one of Chicago's fastest-growing areas. Each unit has beautiful hardwood floors and its own furnace, keeping costs low and making it easy to manage. The front two units are extra large and offer the potential to be converted into 2-bedroom apartments for even more rental income. The full basement provides plenty of extra space, perfect for storage or future improvements. This is a great addition to any investment portfolio-strong cash flow, value-add potential, and a prime location. Don't wait-opportunities like this don't last!

This 12-unit multi-family property at 5449-51 W Quincy in Chicago presents a prime value-add opportunity for savvy investors looking to capitalize on the city's robust rental market. The building features (12) spacious 2-bedroom/1-bathroom units with well-designed layouts, offering ample living space that appeals to a wide range of tenants. Each unit is primed for light rehabilitation, allowing new ownership to enhance interiors and boost rental potential through strategic upgrades. The property's solid structure is a standout feature, with a sound foundation and well-maintained masonry exterior in excellent condition, ensuring long-term durability and low maintenance costs. This sturdy construction provides a reliable base for renovations, making it an ideal canvas for investors aiming to maximize value. With significant potential for increased cash flow through effective management and targeted improvements, this property is perfectly positioned for those seeking to unlock its full potential in Chicago's dynamic multi-family market.

Solid, stabilized, corner brick 6-flat in popular Auburn Gresham, one block north of 79th Street at Honore and 78th Street. On a nice block with many well-cared-for bungalows in an appreciating area and near transportation, shopping and more, this building is worth adding to your portfolio. 5 units are spacious two bedroom, one bath apartments and one unit is a three bedroom, one bath. Improvements made include a new roof in 2020, and tuckpointing and lintel replacement in 2022. Some units have been recently updated. Building has an installed security system in place. Tenants pay their own heat, which means strong financial performance. There is also additional upside for a new owner in higher rents, for charging for 3 off-street parking spaces, and possibly putting in coin laundry. One unit is available for first showing purposes so book now!

Prime commercial opportunity at 626 S Cicero Ave, Chicago, IL 60644! Located just 5 minutes from the I-290 exit, this property offers quick access to downtown Chicago and major business hubs. Positioned in West Garfield Park, a high-traffic area with growing commercial demand, it ensures visibility and accessibility for businesses. Zoned C2-2, it supports a variety of uses, including retail stores, restaurants, offices, auto repair shops, and warehouses. Its proximity to key transportation routes and public transit makes it an ideal investment for entrepreneurs looking to establish a thriving business. Don't miss this chance to secure a prime location! PINs: 16164010320000 / 16164010330000