Chicago IL Real Estate & Commercial for Sale

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. ACT NOW!

1750 N. Springfield Avenue, a 33,203 square foot industrial building on the north side of Chicago at the intersection of the Humboldt Park, Logan Square, and Hermosa neighborhoods (the "Property"). Currently improved as a showroom and light manufacturing facility, the Property is beautifully appointed with high-end finishes, including modern bathrooms, concrete floors, and oversized skylights providing abundant natural light throughout the building. The building is fully climate controlled and consists of four (4) interconnected barrel truss bays with minimal columns, providing tons of operational flexibility. Located adjacent to the western trailhead of The 606 Property also includes a separate 6,000 SF gated parking lot that accommodates 25+ vehicles.

Discover this exceptional doctors' office with multiple private rooms, nestled on a spacious 40' x 197' lot. With 12 dedicated parking spaces, recent tuckpointing, and a rooftop HVAC system, this property ensures a turnkey opportunity for the local entrepreneur. Whether launching or expanding your practice, this meticulously maintained space offers versatility and a conducive environment for any type of medical professional. Own this promising office space, envisioning the vast potential it holds for your business's growth. Schedule a visit today and seize this opportunity for success.

Beautifully maintained with high income and major recent capital improvements. New $26k boiler in 2019, all new front lentils $24k in 2020, new garage roof, $6k this year. Two new kitchens 2014, new overhead garage door, 2016. All newer windows. Large apts with two bedrooms, dining room and sunroom. Enclosed back porches, four car brick garage. Two coin washers and dryers in bright laundry. Owner's office with full bath in basement. 2 new water heaters (2017). 3 blocks north of I-290, entrance and exit at 5600 west. Bus stops front of property, two block walk to buses on Central and Laramie.

AMAZING VALUE ADD OPPURTUNITY IN CHATHAM! Beautiful brick 12 unit. All 1bd/1ba units. 6 parking spots. Central boiler with radiator heat. In building laundry as well as tenant storage. Newer boiler and windows. Updated electric and plumbing. Four units are currently vacant and ready for renovations. Four tenants are delinquent and currently in eviction proceedings. All financials provided here are projections. Property is being sold "as-is."

GREAT LOCATION OF BRIGHTON PARK!! OPEN YOUR BUSNESS IN THE FRONT UNIT AND LIVE IN NEWLY REMODELED BACK UINIT WITH 2 BEDROOMS AND 1 BATHROOM WITH A NEW SET CENTER HEATER AND AIR. THE STORE FRONT IS SPACIOUS AT ABOUT 25 X 40 WITH ANOTHER SET CENTER HEATER AND AIR. THE FRONTSTORE HAS BEEN OPEN FOR OVER 50 YEARS, AND IT CAN REOPEN INTO A COFFEE SHOP, BAKERY, AGROCERY STORE, AND A LAUNDRYMAT BUSINESS! THE REAR UNIT HAS A GREAT KITCHEN, LIVING ROOM, AND A LAUNDRY SET. NICELY SIZED BACKYARD WITH 2.5 CAR GARAGE SPACE. NEXT BLOCK TO THE ART AND DUAL LANGUAGE CALMECA ACADMA NEW SCHOOL. STEP TO 39 BUS , 52 KEDZIE BUS AND I55 HIGHWAY. DON'T MISS THE AMAZING DOUBLE OPPURTUNITY!!!

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!

Unique property with a total of 9 residential apartments, a church and a storefront property previously used as a beauty salon and 4 small odd units. Some of the residential units are in need of many repairs from fire damage, but a great opportunity to own this massive building. Property has three addresses but one pin. (935 E. 75th, 937 E. 75th & 7507-09 Ingleside).

Discover an exceptional investment opportunity in Logan Square, situated at 2455 W Armitage Ave, just moments away from the bustling intersections of Milwaukee and Western. This versatile property features a ground-floor commercial unit, complemented by three residential apartments. Among these, a recently renovated three-bedroom apartment stands alongside two inviting two-bedroom residences. Additionally, a separate basement area extends under the entirety of the building, offering further potential for development or storage. Each unit boasts individual utilities, ensuring convenience and flexibility for both tenants and owners alike. The two vacant two-bedroom apartments present an enticing blank canvas, awaiting your creative vision to transform them into vibrant living spaces. Adding to its appeal, the property includes a covered parking area with a sturdy steel frame, a valuable amenity for residents in this bustling urban locale. Nestled on a desirable street, the property enjoys easy access to an array of amenities including shopping centers, public transportation links, and major highways. Offered in its current condition, this property presents a prime opportunity for investors or owner-occupiers seeking a versatile and strategically located asset in the heart of Logan Square.

Currently rented as a Dog grooming Business on a Lease. 1600 Sq. feet rentable area with a 1/2 basement. Parking at rear of building for about 6 cars, plus on street parking. Estimated building size 24 x 67- Flat roof.

Turnkey new construction investment centrally located on the Taylor Street corridor between Illinois Medical District to the West and University of Illinois Chicago to the East. 2019 construction with a desirable unit-mix, modern in-unit amenities and luxury finishes including in-unit laundry, granite countertops, individual HVAC, private balconies, etc. The first floor is leased to a national tenant - Insomnia Cookies - on a new 10-year net lease providing stable, long-term cash flow with annual increases. Value-add potential with increases in rent to reflect recent rental comps in the area, finishing out the rooftop deck and monetizing the basement storage area. All three apartments are large 4BR/2BA units. Low expense ratio with Insomnia responsible for 50% of the property taxes and building insurance. Excellent area tenant base to draw from with UIC (34,000 undergrad and post graduate students - largest university in the Chicago Metro Area) and Illinois Medical District (29,000 employees, 50,000 daily visitors and $3.4 billion in economic opportunity - the largest medical district in North America).

Incredible Hermosa location bordering Logan Square! Enjoy a pristine & profitable 7-unit! This beautiful turnkey building is located across the street from Sharon Christa McAuliffe Elementary School & Playground with easy access to the 606 Trail, public transportation, shopping, restaurants, and multiple parks! Enjoy a well-maintained property consisting of (3) 1-bedroom units, (3) 2-bedroom units, (1) 3-bedroom unit, (4) coin laundry machines, (6) tandem parking spaces, & (2) bonus storage rooms! As you approach this home, note the ample off-street parking for guests, stunning brick curb appeal, gated lot, and easy-to-maintain landscaping. Step into the main entrance to be greeted by a formal foyer with durable tile flooring, built-in mailboxes, stunning woodwork, & security doors. Proceed to the sunny lower-level unit offering 3 bedrooms (with potential for 4th) & 1 bathroom; all the while boasting tall ceiling heights, above-grade views, & sunny windows throughout. Proceed up the main foyer to access upper-level units; each updated and pridefully well-kept by responsible tenants. Each floor boasts a mix of one (1) bedroom and one (2) bedroom apartments featuring beautiful wood flooring/wood laminate flooring, fresh paint, upgraded appliances, updated fixtures, upgraded kitchens/baths, upgraded windows, updated mechanicals, & MORE! Each apartment offers 2 separate entrances, a dedicated in-unit furnace, and 2 apartments feature central air. All apartments are spacious, feature stunning restored woodwork, and offer abundant natural light. All units are separately metered and tenants are responsible for their own gas and electric. Perfect opportunity for a savvy investor. Current rents are under market value with area for improvement! Prime location within walking distance to dining, shopping, the "606 trail", and entertainment will ensure a strong rental demand. Don't miss this opportunity to secure a reliable and attractive addition to your investment portfolio in one of Chicago's most up-and-coming neighborhoods. Contact us today to seize this prime real estate investment in Hermosa! Pre-approval/proof of funds required for showings. Please do not walk grounds or disturb tenants. Tours by appointments with minimum 48hr notice required; Line up your Sunday tour with the listing agent.

2 contiguous fully leased storefront medical offices, located in trendy East Lakeview. Sale price $1.900.000. Cap rate 6.0%. Current NOI $113,372 (May 2024). Tenants: Wellness Homes of Chicago - 4 year NNN lease; and Vesper Aesthetics - 5 year NNN lease. 3% annual rent escalations. Taxes & Opex are tenants' responsibility. B3-1 zoning. 46th Ward / Ald. Clay. Walker's Paradise (91 Walk Score). Each suite is recently renovated with upscale kitchenettes, stylish modern LED lighting, new HVAC systems with touchscreen, independently-controlled thermostats; 2 large ADA restreooms; new flooring and paint. 1 block from Starbucks. 2-3 blocks from Thorek Memorial Hospital and Howard Brown Clinic. Daily VPD = 10,103.

LOOKING TO EXPAND OPERATIONS OR SEEKING A PRIME LOCATION FOR YOUR NEW VENTURE? This building offers the perfect canvas to elevate your business to new heights! Situated on 2 oversized city lots in the heart of Chicago, this distinguished 5,882 sqft all-brick building stands tall as a USDA FSIS Inspected Establishment, ensuring the highest standards of quality and safety for your business operations. Step inside to discover a meticulously designed space, boasting 4 interior dock doors facilitating seamless logistics and efficient movement of goods. With an 811 sqft refrigerated shipping and receiving dock, freshness is guaranteed from the moment products arrive to departure. Allocated 253 sqft office space, providing a hub for administrative tasks and managerial operations. A 453 sqft freezer space stands ready to accommodate your needs. But that's not all - a generous 1,291 sqft of cooler space ensures optimal temperature control for perishable items, maintaining their quality until they reach their destination. Convenience is key, highlighted by the presence of an exterior drive-in door, facilitating effortless loading and unloading of goods, streamlining your processes. THREE ADJOINING VACANT CITY LOTS ARE ALSO FOR SALE AND AVAILABLE ACROSS THE STREET AT 3639-3645 S Halsted St. Don't miss the opportunity to make this esteemed establishment the cornerstone of your success.

BEST LAKE AND CITY VIEWS... Move right into this amazing suite in the Garland completely furnished and ready to expand or start your business. Previously a Therapist office and includes a waiting room, Therapist office, private office, sink and 2 private entrances. This is absolutley a fantastic opportunity to expand or start your business in one of the best locations downtown Chicago! The historic and iconic Garland Building is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. Low Assessments and Taxes. (Also, just listed For Sale is Suite 1220 next door... fully furnished Dental office with waiting room, private bathroom, exam room with 3 dental chairs, 2 private offices and work room with Lake and City Views... a great investments to purchase both!)

Excellent opportunity to lease a former restaurant space in the highly desirable Taylor St area. High foot traffic neighborhood. Close proximity to I94 expressway and minutes to downtown. All existing trade fixtures will stay. Black iron in place. Basement storage is included. Private parking in the rear. This property is also available for sale and the 2nd and 3rd floors having student tenants with excellent cash flow.

BEST LAKE AND CITY VIEWS... Calling all Dentists... Move right into this amazing suite in the Garland Building in downtown Chicago in Prime Locale! Completely furnished and ready to operate with all equipment included! Waiting room, private bathroom, private offices, work room and 3 dental chairs included in this amazing "rare to find" suite. This is absolutley a fantastic opportunity to expand or start your business in one of the best locations in downtown Chicago! The historic and iconic Garland Building is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. Low taxes and assessments! (Unit 1221 next door with Lake and City views... fully furnished Therapist office with 2 entrances, sink, waiting room, Therapist room and private office. $125,000... A great investment to purchase both... inquire within!)