This established restaurant, bar, and nightclub on Archer Avenue in Garfield Ridge is a rare investment opportunity with a proven track record. Built and in business for 28 years, the venue offers seating for 150 people downstairs and 60 people upstairs. The property is fully equipped with a DJ booth, fully operational kitchen, arcade games, and slot machines, making it a turnkey operation. Located in a high-traffic area with strong visibility, this versatile space is ready to continue its legacy or evolve into something new. Ideal for seasoned operators or investors, this is a chance to own a thriving business in a vibrant neighborhood.
Discover the potential of this exceptional mixed-use building, perfect for launching your business! The first floor offers ample space ideal for various uses and was previously utilized as a chiropractic practice. Upstairs, a spacious 3-bedroom apartment provides an excellent opportunity for additional rental income. The property also features a convenient two-car brick garage and new concrete in the rear. Recent updates include new plumbing, electrical systems, and a hot water tank. With a total of 3,100 sq. ft., this versatile property is ready for your next great venture. Don't miss out on the chance to make it your own! Rental income estimate: * Commercial: $3,375/month * Residential: $1,500/month * Total Monthly Rent: $3,375 + $1,500 = $4,875 * Total Annual Rent: $4,875 * 12 = $58,500
Don't let your investors or owner-occupied clients miss out on this one! Presenting a legal 5-unit building in the highly desirable West Ridge neighborhood in the city of Chicago. This meticulously maintained building has had the same owner since 1988, who has taken amazing care of it! His family occupied the entire building for more than half of the time of ownership. Copper pipes and newer electrical wiring. Newer windows throughout the building. Brand new 116 gallon water heater. Separate electric for each unit, so tenants pay for electric & cooking gas. The building contains four 2 bedroom 1 bath units, and one legal 1 bedroom 1 bath garden unit. Two of the units have nice balconies/patios in the back. Hardwood floors in all of the units. All units are occupied on a month-to-month basis, and all rents are below market value, leaving plenty of room to raise rents and increase cash flow! Current owner does not charge tenants extra for parking; 4 spaces in the back. Coin laundry provides additional income and convenience for your tenants. There is an extra full bathroom & two good-sized rooms w/doors and storage closets in the basement. This one won't last long, schedule your showing today!
Located in the heart of South Chicago this One story brick building is ideal for the business that requires high exposure. It has approximately 2700 Sq ft with about 115 linear ft of frontage on busy Commercial Ave. It is currently vacant and was formerly used as a dry cleaners but can be used for a variety of businesses. There is a full unfinished basement and plenty parking.
Fabulous 3-unit Mixed use building with 2 loft style residential units and 1 retail unit with long term tenant. Roof and tuckpointing been done in last 5-6 years as well as retail level fully rehabbed. Centrally located in the heart of Wicker Park along the bust Milwaukee Ave retail corridor. Steps to the blue line entry at Division Street and Ashland Ave. with access to Kennedy express way withing 1/4 mile and bus and Divvy stops right outside building. N issue leasing Area tenants include Dunkin Donuts, Jewel, Lowes, Pet Supplies Plus, Den Theater and many more.
Three commercial tenants in place; space available is former daycare, updated with new copper water lines, new led lighting, new expansion tank for hot water heater. Can be leased for any commercial/office use
Introducing 5437-5439 S. Harper, a rarely available center entrance six (6) unit apartment building located in a prime Hyde Park location. This irreplaceable address is next door to Trader Joe's, walking distance to 53rd shopping, the University of Chicago shuttle at Lake Park & 54th Street, Metra and 90/94 Expressway for easy commuting. Renovated in 2022-2023, the property features all 2-bed/2-bath apartments showcasing meticulously designed floor plans. Updates include new kitchens, stainless-steel appliances, dishwashers, in-unit laundry, refinished hardwood flooring, and modern bathroom finishes. In addition to its cosmetic finishes, the building also has new individual HVAC, new plumbing and electric service, rebuilt porches and a well-maintained roof. 5437-39 S. Harper is an incredible investment opportunity to acquire a renovated turn-key property in one of Chicago's most desirable neighborhoods. With exceptional cash-flow and minimal expenses this cash flowing asset generates strong income from day one. In an A+ Hyde Park location, nestled by the University of Chicago's campus, new ownership has the rare opportunity to acquire a stabilized investment providing a solid cash-on-cash return for many years to come.
Located in the convenient South Loop community near Motor Row District, do not miss the opportunity to purchase this ~15,000 sq ft warehouse space. With immediate access to U.S. Route 41 (Lakeshore Drive) and Interstates 90/94, 290 and 55, and proximity to the loop, this is a perfect location for your business. Zoned as M1-3, this warehouse building features private offices, a conference space, and shared common kitchen and bathroom areas. Tenants are responsible for all utilities except water/trash. 3 offices and ~5000 sqft of warehouse are currently rented, with ~8100 sqft of warehouse and 4 office spaces available to utilize for your business. Three 12' doors for loading are available for loading into the warehouse spaces, accessed by a private driveway and a rear courtyard loading area. Ceiling height through warehouse varies from 12'-14'. Highly efficient commercial wood burning furnace heats the entire building. See floorplan in photos for building layout.
Discover a rare investment opportunity with this well-maintained 6-unit building, with the potential to generate an annual income of $100,000 and beyond. Each spacious unit features 2 bedrooms and 1 bath, thoughtfully designed with separate dining and living spaces, both offering access to a front sunroom that floods the space with natural light. Down the hallway, you'll find generously sized bedrooms, each with access to a second sunroom, providing additional living space and flexibility. This thoughtfully-designed layout also offers the potential for a 3rd bedroom, maximizing rental income possibilities. The basement presents an exciting opportunity for expansion, with ample space to build out two additional units, significantly increasing the potential for rental income. The units are equipped with individual heating systems, which can reduce costs for the owner. Gleaming hardwood floors run throughout, adding a touch of elegance and durability. The building's water heater, windows, and rear porches have been recently updated, enhancing efficiency and reducing maintenance concerns. Additionally, the property features garage parking in the rear with six dedicated spaces, providing yet another opportunity to generate additional income. Whether you're looking to expand your investment portfolio or seek an owner-occupant scenario with rental income, this income-generating gem is not to be missed!
Located in the Historic Motor Row District of Chicago, this property blends historic charm with modern convenience. Known for its stunning early 20th-century architecture and restored buildings, Motor Row offers a vibrant atmosphere in the South Loop sub-market. The area features landmark showrooms with ornate facades and is minutes from downtown attractions like McCormick Place, the Museum Campus, Grant Park, Millennium Park, and Chinatown. The property benefits from excellent connectivity with direct access to the I-55 Expressway, Lake Shore Drive, and CTA Cermak Green and Red Line stations, making it ideal for both commercial and residential use. Zoning Potential: Within a TIF district and the Motor Row Historic District, the property is primed for development with potential rezoning to DX or DR for mixed-use projects. Note that historic district use restrictions apply; contact us for the full list.
Discover an exceptional investment opportunity with these unique income-producing properties. Comprising 5 units spread across 2 buildings, this offering features a stunning 2-story penthouse with a balcony that boasts breathtaking views of the ever-evolving Chicago downtown skyline. Owned by a long-term landlord who is ready to pass the torch to the next generation. 4 units occupied currently rent below market rates while the penthouse is owner occupied. The flexibility of month-to-month leases allows for easy adjustments and renewals, maximizing potential income. Additional on-site laundry facilities provide extra revenue streams. Each unit comes equipped with individual heating and cooling systems, and all tenants are responsible for their electricity and gas. Sold AS-IS.
2 story, 5 unit building. 3 Units on first floor and 2 units on second floor. Four of the five have been newly renovated with stainless steel appliances. Back of the yards neighborhood, convenient location with many amenities such as public transportation and grocery stores,bank and various shopping centers near by.
Prime investment opportunity in the perfect Lincoln Park location. This 3 story classic brick building is extremely well maintained and is currently home to a long term residential tenant in unit 3, an amazing income producing Airbnb in unit 2, and a stunning Jewelry company in the commercial space which has access to the massive basement that runs the length of the building. Both residential units have been updated and well kept, featuring brick interior walls, hardwood floors, central AC/heat and share a large back yard area. Unit 3 is 3 bedrooms, 1 bath and has in-unit washer and drier. Unit 2 is also 3 bedrooms, 1 bath and benefits from shared laundry in the basement. Building includes 6 exterior parking spaces! High density area, just blocks to both Red and brown line L trains as well as easy access to all transportation options. Area tenant include Summerhouse/Stella Barra, Blue Door farm kitchen, Cafe-Baba-Reeba, Lori's Shoes, Walgreens, Barry boot camp, Warby Parker, Interior Define and much more
Recently Rehabbed - See Below For Details! Available For Sale Or Lease ($4500/Mo). Excellent opportunity to give your business exposure on Pulaski Road with great traffic counts! Commercial space is nearly 2000sqft with 2 baths, private office, and access to backyard. Most demolition has already been completed. Full unfinished basement for additional storage. 2nd floor is a 3 bed 2 bath apartment ready for your finishing touches. Apartment features a modern layout with an open kitchen with ample room for an island. Large backyard with 2 car garage. Recent upgrades include: 1) Load bearing, clear span beam added to properly distribute the load on the 2nd floor apartment. A new footing was cut into the basement floor, post added to carry the load to the footing, and new floor joists were 'sistered' to the existing ones. 2) Electrical was separated to provide the commercial space and residential space separate services. 3) New garage roof. 4) Separate entryway added to the rear of the building (inside rear common area) to provide private entrances to the residential and commercial spaces. 5) Most demo work has already been done. Great location within close proximity to Pulaski Orange Line, Target, Pete's Fresh Market, I-55, and Midway Airport. Zoned B3-1. Recent Fall 2023 upgrades include: (1) Demolish and replace subfloor in two locations of existing damage: (1A) on first floor where previous bar was located, and (1B) on first floor in the back hallway. (2) Restructure rear wall, including new lumber, reframing for new windows and insulation. (3) Replace roof, facia and gutters. (4) Repair damaged floor joists in rear commercial space where existing joists have been compromised by plumbing cut outs. (5) Replace siding on rear of building and garage. Replace improperly installed gutters and downspouts. (6) Replace 4 windows, repair broken glass block, and replace 4 louvered glass vents on rear wall. (7) Replace 2 exterior doors, thresholds and door frames. (8) Repair and reside garage. Also available for lease for $4,500 a month for the entire building.
ATTENTION ALL INVESTORS!! Here is a fantastic opportunity to generate unlimited cash creating generational wealth with ease. Main floor features; remodeled open area that is currently utilized for a barber shop, and the rear of the main floor has a 3 bedroom, 1 bathroom apartment. Full walk out basement that leads to a great relaxing yard to unwind. Furniture such as; barber chairs and equipment are not included with the sale. This property is conveniently located near expressway, schools, and parks. Don't let this great opportunity slip away....
Prime Property for Sale Located in the dynamic Ukrainian Village, this 1,386 square-foot mixed-use space offers endless potential nestled right on Chicago Avenue. With excellent frontage, robust traffic count, and high visibility, this property is a gem in the heart of Chicago. Property Highlights: Size: 1,386 square feet of adaptable space, ready for customization. Zoning: C1-C2, supporting a variety of commercial and residential uses. Location: Ukrainian Village on bustling Chicago Avenue ensures constant foot traffic and great visibility. Frontage: Prime frontage on Chicago Avenue enhances exposure to passing traffic. Permitted Uses Include Residential: Artist live/work spaces and dwelling units above the ground floor. Commercial: Retail, limited-service restaurants, business support, and personal services like salons. Public and Civic: Facilities such as colleges, daycares, and libraries. Health Services: Medical and veterinary clinics. C2 Specific: More extensive commercial activities, including taverns, larger restaurants, auto services, light manufacturing, and recycling facilities. This property offers the flexibility to maximize your investment, whether establishing a new business, creating a unique live/work setup, or developing a lucrative rental property.
Solid Industrial space w/ rear rolling overhead garage door. Can be subdivided easily, Bathroom and office/meeting room on-site. Concrete floors throughout. Two separated indoor parking spaces, Tear off roof in 2021. LOW taxes, Easy access to I-290 and Cicero Ave., close to the Loop and adjacent to the Green Line. Property is zoned for PMD-9. Fmr. Harley Davidson metal shop. Expansion and urban development headed this way. Act quickly and submit all offers before it's too late! AS-IS
OFFERS DUES THURSDAY Sept 9th! Court Ordered Receivership Sale: Six large beautifully finished condo quality units in Pilsen near UIC / Rush Medical district. The units feature contemporary finishes, custom cabinetry, SS Appliances, quartz countertops, Balconies, Washer/dryer, etc. This property is being sold in conjunction with 1752 W 18th Pl (Listing ID 12152035). The properties can be purchased individually or as a package.
Great opportunity to own a multiuse building . Expand, start or rent out the ground floor that has been updated to include epoxied flooring, updated bathroom, industrial grade sinks and ready for a variety of uses. Upstairs apartment is in need of a gut rehab. Bring your ideas and offers. Property supports a variety of uses in the area. Extensive back area has enclosed garage/ work space area. Taxes reflected exemption of property formerly used as a church.
6506-6508 S. Ellis Avenue is a rarely available, beautiful condo building with 6 individual condominiums being sold together as a package. Located just blocks from the prestigious University of Chicago and the construction site of the future Obama Presidential Library. All units are currently being rented out. Building underwent major renovation in approximately 2012 (New framing, new 100% copper plumbing, new electrical in all units, individual furnaces and hot water heaters in each unit). Hardwood floors in 5 of the 6 units. There are four (4) 2 bedroom, 1 bath units (located on the second and third floors), and two (2) 4 bedroom, 3 bath units on the first floor that are condo units that UTILIZE THE FIRST FLOOR AND THE LOWER LEVEL! FLOOR PLANS AVAILABLE FROM LISTING AGENT! Each unit has in-unit laundry, a dishwasher, and one (1) parking space per unit in the rear of the building. Units also have their own furnaces and TENANTS responsible for their own heat and electric. Water is not individually metered. Gated access to the building. Fenced-in yard space in the rear. Tenants also have access to a newer balcony in the rear of each unit. Common areas also remodeled. Because this neighborhood is being sought-after, two single family homes directly across the street (6501 & 6503 S. Ellis Avenue) from this building have sold for $739,000!!! And more to come with New Construction being built all around! Much more value to add to this building by stabilizing rents to current market value! Once purchased, new owner can sell as individual condos, or combine PINs and request reduction in taxes. Assessor has reduced assessed value by approx 24% for the 2024 tax year!!! Higher Rents and Less Expenses will equal higher income!!! Email listing agent for any questions.
Clean and updated 7 unit building. Large storefront and 6 apartments. Storefront remodeled a year ago and has newer bathroom and furnace. Six apartments above which are easy to rent. Close to transportation and business. Easy to manage, just hold and collect your rent. Show and sell.
WE ARE EXCITED TO OFFER THIS RETAIL PROPERTY LOCATED IN A BUSY AREA PRIME FOR LOTS OF FOOT AND TRAFFIC BUSINESS. THE BUILDING CONSISTS OF 6 SEPARATE, ONE LEVEL STORE FRONT UNITS ALONG WITH A SEPARATE ENTRANCE TO THE UNFINISHED BASEMENT. CURRENT OCCUPANTS INCLUDE A RESTAURANT AND THRIVING, FAMILY OWNED HARDWARE STORE. SOME OF THE UNITS ARE AVAILABLE TO REHAB MAKING IT ATTRACTIVE TO A DIVERSE MIX OF STORES AND SERVICES.
Welcome to 175 W. Washington St in the heart of Chicago's Central Loop district. This three-story building has approx 22,820 sf. of office and retail space with an average of 7500 sf on the first two floors, a mezzanine area of 5200 sf, and 2450 sf on the third floor. Desirable investment due to it's attractive location and it's "Orange-tag" designation by the Chicago Landmarks Association. Prime location near City Hall, El and Metra stations, restaurants, and so much more.
Welcome to 175 W. Washington St in the heart of Chicago's Central Loop district. This three-story building has approx 22,820 sf. of office and retail space with an average of 7500 sf on the first two floors, a mezzanine area of 5200 sf, and 2450 sf on the third floor. Desirable investment due to it's attractive location and it's "Orange-tag" designation by the Chicago Landmarks Association. Prime location near City Hall, El and Metra stations, restaurants, and so much more.
Chicago is located in Illinois. Chicago, Illinois has a population of 2,722,586. Chicago is less family-centric than the surrounding county with 27.56% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Chicago, Illinois is $52,497. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Chicago is 34.1 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 38.2 inches per year, with 37.1 inches of snow per year.