Courtesy: Compass
312-319-1168
River North Commercial Condo - Turn-Key Nail Salon/ Spa Approximately 1,000 SF Prime opportunity to own a street-level commercial condo in the heart of River North, currently built out for a nail salon/spa. The approximately 1,000 SF space offers excellent visibility with floor-to-ceiling storefront windows, making it ideal for a beauty, wellness, retail, or professional service business. The thoughtfully designed space features hardwood and tile flooring, new lighting fixtures, fresh paint, a new hot water heater, separate gas and electric, washer/dryer hookup, and additional storage. The existing salon/spa build-out provides an excellent opportunity for an owner-user to move in and begin operating with minimal renovation. River North continues to offer strong demand for street-level retail and service businesses, with numerous beauty, wellness, restaurant, and professional uses throughout the neighborhood. Comparable approximately 1,000 SF River North spaces are currently being marketed for lease, underscoring the appeal of this size and location. 2024 Real Estate Taxes: $12,704.02 Assessment: Approximately $111/month Ideal for an owner-user or investor seeking a highly visible commercial condominium in one of Chicago's most vibrant neighborhoods.
Courtesy: Baird & Warner
847-724-1855
Located in the highly desirable Edgewater community on Broadway, this property presents an exceptional opportunity for investors, developers, and those looking to create a high-demand rental property. The location offers outstanding convenience, with Aldi and McDonald's directly across the street, providing everyday essentials and dining options just steps from the property. One of the property's biggest advantages is its proximity to Loyola University Chicago, located just a couple of blocks away. This makes the property particularly attractive for students seeking convenient off-campus housing close to campus, creating strong potential for a student-oriented rental development. The property is also a potential tear-down and redevelopment opportunity, with B3-5 zoning allowing for development of up to five stories, subject to applicable City of Chicago requirements and approvals. The zoning and location provide developers with the flexibility to explore a variety of concepts and maximize the property's potential. Whether you envision a modern multi-unit apartment building, a student-focused rental property, or another residential investment concept, this is an opportunity to take advantage of a prime location in one of Chicago's established neighborhoods. Bring your vision and explore the possibilities this property has to offer.
Courtesy: Coldwell Banker Realty
708-424-4000
Own your building instead of renting it. Free-standing two-suite commercial property with private fenced parking lot on busy Cottage Grove Ave. Occupy the 1,500 SF suite - five private offices, reception, bath, separate entrance - and lease the adjoining 1,900 SF suite to supplement mortgage. Wrought iron fencing and on-site parking set this apart from storefront space in the area, and the private office layout is ready for professional, medical, insurance, tax or service-business use with minimal buildout. Excellent visibility and daily traffic. [SBA 504 financing may be available to qualified owner-occupants.] Creative Financing Strategies Available. Contact Listing Agent. Motivated seller. Sold as-is.
Courtesy: Duarte Realty Company
708-589-5855
2500 W Walton features a brick 6-unit residential building with significant value-add potential. The property includes five 2-bedroom units and one 3-bedroom unit. Two units are currently occupied at below-market rents, while four units are vacant, providing an incoming owner the opportunity to renovate, reposition, and lease at current market rents. 2504 W Walton is a standard 25' x 125' adjacent lot improved with a brick garage, offering additional rental income potential. Excellent West Town location near dining, public transportation, parks, and neighborhood amenities. Properties are being sold together strictly AS-IS, WHERE-IS. Seller and listing broker make no representations or warranties regarding zoning or code compliance, legal use or unit count, or the future development or independent buildability of 2504 W Walton. Buyer is solely responsible for conducting all due diligence and verifying zoning, permitted use, development potential, and applicable municipal requirements prior to purchase.
Courtesy: Century 21 Universal
773-465-0300
Located in an area seeing exciting growth and investment, this property is just steps from new residential development and minutes from the city's new public safety training campus which houses the Chicago Police Department and the Chicago Fire Department training site. The neighborhood continues to benefit from new construction, business investment and convenient access to shopping ,dining transportation. It's 2 different businesses in the building (not currently being used for a daycare) SOLD "AS-IS"
Courtesy: 33 Realty
773-327-4975
Well-maintained - turn-key 6 Flat - with tenant paid utilities and in-unit GFA - Fully Occupied with below market rents..
Courtesy: ProCasa Realty, Ltd.
773-304-1700
Highly Desirable Bucktown Location - SIX units, armchair investment in high-demand area with beautifully rehabbed two-bedroom units. Professionally rehabbed in 2016 with central AC, new kitchens, baths, hardwood floors throughout, and windows. Gorgeous kitchens upgraded with granite counters, subway tile backsplashes, and white shaker cabinets. Fully equipped with stainless steel dishwashers, microwaves, stoves, fridges, and disposals. Updated baths feature porcelain tile floors, subway tile surrounds and high end finishes. Coin laundry in basement, all separate utilities. Rents under market with room to increase. Exterior is very low maintenance, no landscaping needed. B3-2 zoning offers live/work possibilities. Trendy area 6 minute walk to Blue Line El, near shopping, parks, restaurants, movie theater, and more! Not in 606 Tenant Opportunity to Purchase area.
Courtesy: Baird & Warner
312-640-7010
RARE OPPORTUNITY. Fully operational Hostel/Rooming house which has gone an extensive renovation that rivals a modest hotel accommodation. This is a four story building with full basement originally erected in 1864, pre-dating the Great Chicago Fire of 1871. First floor is a 5,000 square foot restaurant space, formerly the Parthenon Restaurant. Restaurant kitchen is completely intact and fully equipped, black iron exhaust, all equipment is operational for turnkey operation. The upper three floors are a European Hostel which have been completely gut renovated into contemporary luxury rooms, shared bathrooms. All rooms have modern, contemporary beds, linens, furniture, cell phone charging stations, locker storage or built in surface tables for desk areas or computer stations. Over 140 beds. Capital improvements include tuck pointing, complete west side brick wall replacement, tar coated rubber roof with silver coating, all copper plumbing, newer mechanical systems, some separation of gas, electric and water meters. Three huge hot water tanks. Housekeeping washer and dryers. Restaurant storage in full basement; cooler, abundant storage, specific liquor storage, freezer, two sump pumps. Sophisticated camera/security system throughout premises. RMS run booking/accounting system for hostel already built and turnkey for next user/operator. DX-5 ZONING. 6,250 land square feet. Building is 27,404 square feet. Real Estate taxes successfully have been contested and reduced. Ask for additional information on financials, P/L, reduced tax bill, etc.
Courtesy: Real Broker LLC
217-960-8605
(((!!BIG PRICE DROP IN LITTLE VILLAGE!!))) Great looking Mixed Use Property. Property consists of (1) large lightly renovated commercial space with ((14 ft ceilings)) that is currently occupied, and gets $1800 per month for rent with a lease for 2 years ending 01/2028. And (1) 1 bed 1 bath apartment currently occupied as well getting $1250 for rent with a lease ending 08/2026. The commercial space was lightly renovated and the following work was completed: New paint, New bathroom, Furnace was recently serviced, New LED lights installed throughout, Tuckpointed the rear of the building and Installed new tempered glass windows in the front. In the 1 bedroom 1 bathroom apartment the work that was completed is as follows: New paint, New hardwood floors, New plumbing, New bathroom sink, New toilet, New appliances and New kitchen sink. ((THERE'S NO PARKING)). There are a total of 1.5 bathrooms. The basement is a half basement, about 400 sq ft and it is unfinished.
Courtesy: Del Sol Realty
312-829-7812
Great investment in upcoming area. Large building has 4 ( 2 ) bedroom units. Coach house need some work but has lots of potential with 3 levels including enclosed parking. Close to Schools, public transportation and shopping on 47th and Ashland St.
Courtesy: Keller Williams Preferred Rlty
708-798-1111
Rare Mixed-Use / Automotive Opportunity Currently being utilized as a successful car dealership and offers two Parcels - 7419 & 7417 S. Western Ave. 7407 S. Western Ave. is also being offered for sale and may be purchased together with this property as a combined acquisition (See MLS #: 12736712) This unique property offers a main floor office space with three nicely designed offices and a re-designed kitchen and bath as well as a 2nd floor beautifully updated two bedroom, one bath apartment. Excellent opportunity on highly traveled Western Avenue in Chicago. This versatile C2-2 zoned mixed-use property was fully updated in 2022 including a new roof, HVAC, two water heaters and features a semi-finished basement with laundry and excellent storage. The two parcels provide approximately 6,300 SF of total land with room for approximately 40-50 vehicles making the property well suited for automotive, contractor, service, retail, office or other commercial uses. The property is currently configured for automotive use and includes a dedicated garage/service building with an automotive lift. The first-floor commercial space is currently owner occupied, so no rent is presently being collected. The space includes a full kitchen and bathroom with shower, offering added convenience for an owner-user or future tenant. The remodeled second-floor apartment is currently rented for $1,200 per month, providing immediate income. C2-2 zoning allows for a broad range of commercial and service uses while supporting the existing mixed-use configuration. Business name, operations and inventory not included.
Courtesy: North Clybourn Group, Inc.
773-252-0600
Ideal Adaptive Re-Use Development site below market rate owner financing offered to qualified buyers. Exceptional Logan Square Location Existing Structure appx 13,500 2 story warehouse that sits virtually lot line to lot line. 46.5 x 150 zoned C1-2 1st floor 14-15 ft ceilings, and floor 12 ft ceilings Loading Dock, and Freight elevator. Long time owner is planning to relocate their main headquarters and warehouse spaces. Currently used as non-climate controlled storage for inventory. Have old survey and phase one. Luxury condo and retail, apartments building or adaptive reuse. Existing structure has no residential, no tenants.
Courtesy: Prime Real Estate Group Inc
708-691-0833
$600,000 INVESTMENT PACKAGE - THREE PROPERTIES BEING SOLD TOGETHER AS ONE PACKAGE! RARE OPPORTUNITY TO ACQUIRE MULTIPLE NEIGHBORING INCOME-PRODUCING AND VALUE-ADD PROPERTIES IN ONE TRANSACTION. ANCHORED BY THE CORNER PROPERTY AT 1801-1803 W 51ST ST, FEATURING 5 RESIDENTIAL APARTMENTS PLUS 2 STREET-LEVEL STOREFRONTS, HIGH-VISIBILITY CORNER EXPOSURE, AND A HUGE PARKING LOT IN THE REAR. RESIDENTIAL UNIT MIX CONSISTS OF (1) 1-BEDROOM, (3) 2-BEDROOM AND (1) 3-BEDROOM APARTMENT. THE APARTMENTS ARE CURRENTLY RENTED AND GENERATING INCOME, WHILE BOTH COMMERCIAL STOREFRONTS REQUIRE COMPLETE REHAB AND OFFER MAJOR UPSIDE FOR ADDITIONAL FUTURE INCOME. NEXT DOOR, 1805 W 51ST ST IS A COACH HOUSE FEATURING A 1-BEDROOM/1-BATH UNIT THAT IS CURRENTLY RENTED. DIRECTLY BEHIND THE CORNER PROPERTY, 5112 S WOOD ST IS A 2-UNIT BUILDING CONSISTING OF (2) 2-BEDROOM/1-BATH UNITS THAT REQUIRE COMPLETE REHAB. THIS PACKAGE OFFERS A UNIQUE COMBINATION OF EXISTING CASH FLOW, 8 TOTAL RESIDENTIAL UNITS, 2 COMMERCIAL STOREFRONTS, CORNER EXPOSURE, A LARGE REAR PARKING LOT, AND SIGNIFICANT VALUE-ADD POTENTIAL. IDEAL FOR AN INVESTOR OR DEVELOPER LOOKING TO RENOVATE, STABILIZE, INCREASE RENTS AND MAXIMIZE THE INCOME POTENTIAL OF AN ENTIRE GROUP OF NEIGHBORING PROPERTIES. SOLD AS A PACKAGE FOR $600,000 - CASH FLOW IN PLACE WITH SUBSTANTIAL UPSIDE! SERIOUS BUYERS ONLY. PROOF OF FUNDS REQUIRED PRIOR TO ANY SHOWING REQUEST BEING APPROVED. PLEASE DO NOT DISTURB TENANTS.
Courtesy: Realty of America, LLC
708-788-1900
High-exposure commercial opportunity along the busy S. Ashland Avenue corridor! This versatile 3,740 sq. ft. building featuring a full basement is available for sale or lease, offering maximum flexibility for owner-operators, retail tenants, or real estate investors. Benefiting from flexible B3-2 Community Shopping District zoning, the property easily accommodates a wide range of uses, including retail storefronts, service businesses, professional office space, restaurants, or multi-family mixed-use redevelopment with ground-floor commercial space. Positioned in Chicago's Back of the Yards area with heavy daily vehicle and foot traffic, seamless transit access, and incredible storage/operational space in the full basement, this listing delivers ideal visibility and utility for your next business move.
Courtesy: Realty of America, LLC
708-788-1900
Outstanding mixed-use investment opportunity in Chicago's vibrant Gage Park neighborhood! Located along the busy 51st Street commercial corridor, this versatile property features a high-visibility ground-floor commercial space paired with two residential units above. Benefiting from flexible B3-1 Community Shopping District zoning, the main-level commercial footprint is ideally suited for a storefront retail business, professional office, neighborhood service shop, or medical space. The upper-level apartment units deliver steady supplemental rental income, making this an ideal asset for an owner-operator seeking to run a business on-site or a value-add investor looking for consistent cash flow. Conveniently positioned near Kedzie Avenue, public transit options, and local neighborhood anchor businesses, this high-exposure asset presents excellent long-term upside in an established Chicago corridor.
Courtesy: @properties Christie's International Real Estate
773-432-0200
Fantastic opportunity for institutional user or developer. Solid, brick, rectangular, vintage school plus excess land. This offering includes 9 lots (lots 9, 10, 11, 35, 38, 41,44, 47, 50) plus the parking lot to the immediate south of those lots (paved area between the one-story mobile classroom and the school building), and the portion of the school building including lots 5, 6, 7 and 8, which is the gymnasium. The building and gymnasium are in good general condition. Great located on the developing north end of Bridgeport in the vicinity of Archer Ave & Halsted St. Low density area and zoning RS3 with RT4 adjacent. Easy access to L (about two blocks) and expressway on/off. This is the entire Quinn side of St Barbara school and gym plus lots available.
Courtesy: Kale Realty
312-939-5253
Exceptional opportunity to acquire a landmark commercial property in a high-visibility Chicago corridor just east of Oak Park. Spanning approximately 52,555 square feet on nearly one acre, this multi-level building offers incredible flexibility for an owner-user, investor, or redevelopment vision. The property is currently configured as a religious facility, but its history extends beyond its current use. Prior ownership utilized the property as an event venue, demonstrating the building's versatility. Buyers should perform their own due diligence regarding zoning, approvals, and any intended future use. Inside you'll find expansive assembly space, multiple classrooms and offices, an elevator, large gathering areas, restrooms, storage, and an underground/interior parking garage, complemented by additional surface parking. Its prominent Chicago Avenue frontage, substantial size, and adaptable layout create opportunities for a variety of commercial uses where permitted. Whether you're looking to continue its current use or explore a new vision, this is a rare chance to acquire a signature property in one of Chicago's most visible commercial corridors.
Courtesy: Luxe Group Real Estate
312-900-6649
Welcome to 5630 S Albany Ave, a classic Chicago brick home bursting with potential! This charming property offers a bright, inviting layout, generous room sizes, and a backyard perfect for summer fun - all sitting on a quiet, treelined block full of pride and community. Inside, you'll find a home with great bones and plenty of character. While it does need some TLC, the updates already in place give you a strong head start. Whether you're a firsttime buyer looking to build equity or an investor seeking a solid opportunity, this home is ready for your vision. With its timeless brick exterior, welcoming front porch, and spacious yard, this property is the perfect canvas to create the home you've always imagined. Come see the potential waiting for you.
Courtesy: Atlas Asset Management Realty LLC
312-617-8095
Prime 79th Street Commercial Opportunity! Located on a highly visible stretch of W 79th Street in Chicago's 60620 community, this commercial property presents an excellent opportunity for an owner-user, investor, or entrepreneur looking to establish or expand a business in a well-established South Side corridor. The property offers strong street presence and convenient accessibility, making it well suited for a variety of commercial uses, subject to zoning and city approval. The location has historically been utilized for beauty and personal-care services, providing an attractive opportunity for an operator seeking a storefront with an established commercial identity.
Courtesy: Compass
773-598-7388
Prime Bridgeport investment opportunity! Well-maintained six-unit property featuring all 2-bedroom apartments, including two garden units and a 2-bed/2-bath duplex-up penthouse. Top-floor units offer in-unit laundry and dishwashers. Highlights include individual HVAC and water heaters, separately metered utilities, vinyl windows, a recently replaced wood porch system, and a two-car garage with income potential. Ownership is currently replacing the roof. With rents below projected market levels, the property offers compelling value-add potential or the opportunity to operate as-is while pursuing significant rental-income growth.
Courtesy: Keller Williams ONEChicago
312-216-2422
All Brick, corner, 6-unit apartment building featuring two 3-bed/1-bath units and four 2-bed/1-bath units. Many updates throughout. All six units have been modernized in the last five years. The building has a new roof and partial parapet rebuild. Individual furnaces, tenants pay their own gas and electric. Pro-forma rents of $90,000/year and low overall expenses generate $69,883 NOI ~ which translates to a 12.2 CAP rate. Coin-operated laundry in basement. Several new furnaces. Contact Broker for more details. Agent Owned.
Courtesy: Compass
773-598-7388
Fully occupied, gut-renovated six-unit investment property in prime Bridgeport. The diverse unit mix includes one 1-bed + den/1-bath, three 2-bed/1-bath units, one 2-bed/2-bath duplex-down and one 3-bed/2-bath duplex-down. Features condominium-quality finishes, stainless-steel appliances, stone countertops, in-unit laundry, copper plumbing, updated electrical service, individual HVAC, tankless water heaters, vinyl windows, a modified-bitumen tear-off roof and a new wood porch system. Current rents are below projected market levels, offering mark-to-market upside without the typical value-add renovation headaches. Two rear surface parking spaces provide additional income potential.
Courtesy: North Clybourn Group, Inc.
773-252-0600
Excellent investment opportunity at 5644 N California Avenue! This well-maintained, newer-construction 6-unit multifamily building offers an attractive opportunity for investors looking to add a strong income-producing asset to their portfolio or buyers seeking a potential 1031 exchange property. The building features six spacious units with desirable layouts, quality finishes, in-unit laundry, individual HVAC, outdoor space, and on-site parking. Tenants are responsible for their own utilities, helping keep owner-paid operating expenses manageable. The property has been thoughtfully maintained, with the owner utilizing a dedicated GC for ongoing maintenance and improvements. Recent capital and turnover work have included some appliance and mechanical replacements, railings, as well as roof and tuckpointing work. With a desirable unit mix, and the potential to benefit from future rent growth, this is an appealing long-term investment. Ideal for a seasoned investor, portfolio buyer, or 1031 exchange purchaser looking for a quality Chicago multifamily asset. Conveniently located near shopping, dining, transportation, parks, and neighborhood amenities. Please inquire for rent roll, operating expenses, and additional investment information.
Courtesy: Area Wide Realty
708-656-3333
UNLIMITED POTENTIAL & MASSIVE VALUE-ADD OPPORTUNITY IN PRIME SOUTH SHORE! Heavy-hitting investment package featuring a 31-unit mixed-use building in a rapidly developing neighborhood. Fantastic scale with 28 residential units (24 studios and 4 one-bedroom apartments) plus 3 street-level commercial retail spaces offering high visibility and foot traffic. Perfect for an experienced investor or developer looking to execute a full renovation, add value, and stabilize for maximum cash flow or long-term portfolio growth. Conveniently situated near public transportation, major thoroughfares, shopping, and lakefront amenities. Property needs work and is being sold in AS-IS / WHERE-IS condition. Seller will not provide surveys or disclosures; real estate taxes will be prorated. Bring your vision to unlock this property's true potential!
Courtesy: Coldwell Banker Realty
815-933-9700
Live above the store! Income Opportunity! Mixed-use, previously a three unit building. This unique property has residential access off Elston and commercial access off Hamlin. It features a three bedroom residential unit in addition to a warehouse space with a heated workshop and a storefront. This Property has 3-phase electrical service, which is ideal for a wide variety of equipment. This could be an amazing income opportunity for a live-in business owner or an investor. This property was formerly a 1,800 sf multi-level tool & die shop with offices, storefront,400 AMP electric, drive-in garage, plus basement before the current owner. CURRENTLY USED AS a 3-bedroom, 1,500 sf apartment which offers a large kitchen, dining room, living room, in-unit laundry, central heat/air & family room w/sliding doors leading to a huge rooftop deck. Rear entrance to shop located on Hamlin Ave, not an alley. Nice high visibility. CAPITAL IMPROVEMENTS INCLUDE: Furnace & air conditioning 2015, Windows 2013 & 2017, Bathrooms renovated in 2013 & 2018, Kitchen remodeling in 2014, Water heater 2016, City required exit signs hardwired for business area. 2022, Second floor air conditioner replaced 2022, Tuck pointing 2023, Furnace installed in garage 2023, New sump pump 2025, Roof serviced in 2023/2026, New commercial entry door to second floor. Extremely well cared for a very versatile property!
Chicago is located in Illinois. Chicago, Illinois has a population of 2,742,119. Chicago is less family-centric than the surrounding county with 27.11% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago, Illinois is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago is 35.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.
