We welcome you to come tour this storefront simplex located in Chicago's Lincoln Park community. This unit offers multiple offices as well as a large common office space & reception area. Schedule a tour today.
We welcome you to come tour this storefront duplex located in Chicago's Lincoln Park community. This duplex offers 5 large partitioned offices on the first floor as well as an upscale kitchen. The lower level offers additional office space as well as ample storage. Schedule a tour today.
Fantastic opportunity to own this mixed-use building located in an Opportunity Zone. With a projected NOI of almost $200k/yr upon completion, this property consists of ten residential units and four commercial units. The rare gated courtyard design of the property provides an insulated, safe environment for the residents. The four commercial units, with fantastic visibility and access to Ashland Ave are the perfect size for entrepreneurs to get their new businesses off the ground with a bang. The spaces are open, airy and offer flexible layouts that serve a wide range of businesses. The makeup of the residential units is four 1 bedroom units and six 2 bedroom units, each with 1 bathroom. They are all great sized units with big windows and lots of natural light. This is a two story building, convenient for the all tenant types, and also convenient for finishing the rehab (residential plumbing can be PVC, for example). The 4 commercial units will be very easy to fill given their size. They are perfect for NNN tenants like a quick serve restaurant (sandwich shop), barber shop, nail salon, tax/insurance shop etc. The property has been fully demo'd, a new full tear-off roof has been installed, most masonry work is completed and is fully framed out and ready for MEP. Plans have been approved with the city and permits are imminent.
Great location with new contruction homes being built in surrounding area. Location has quick direct access to I 290 Expressway and public transportation. This is a mixed-use residential property. It comprises four (4) two bedroom/1 bath and 1 studio/1 bath rental apartments plus one ground level space ready for development for as an office, service or retail business. Located just south of the I-290 and steps away from the CTA Blue line subway station at Kedzie (just 1/2 block north of Harrison on Kedzie) Great public transit (CTA) to Downtown Chicago and to O'Hare airport and west to Forest Park. With transfers in Chicago's loop to connect to far north, south sides of the City along with Midway Airport and connections to Amtrak.
9901 S. Ewing Ave is an Eleven (11) unit building plus a 2 unit coach house! The building is located a block from I-90, providing quick access to Chicago's downtown. The building also sits three blocks west of Calumet Park, which provides beautiful views of Lake Michigan. 9901 S. Ewing is conveniently comprised of two (2) retail spaces, five (5) 2Bd/1Ba, and four (4) 3Bd/1Ba units. Two (2) of the 2Bd/1Ba units are located in the coach house in the rear of the building. The building is fully vacant, presenting a potential buyer with the opportunity to gut renovate the property and assume rents at market.
ASSESSOR HAS REDUCED ASSESSED VALUE BY APPROXIMATELY 32% FOR THE 2024 TAX YEAR! 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 (Newer framing, newer copper plumbing, newer 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! Owner is in the process of consolidating PINs. Higher Rents and Less Expenses will equal higher income!!! Email listing agent for any questions.
This building has 12 units. 10 units are 1 bedroom. 2 units are studios. 1 bedroom units rent for 850/month and the studios are 700/month. Some newer windows. Roof is 10 years old. Has great potential. Rents can be much higher.
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. Owners are responsible for water bill, insurance and taxes. The building is for sale only not the businesses. Please do not approach or disturb the tenants.
LOCATION! LOCATION! LOCATION! HOT CLYBOURN CORRIDOR SOLID BRICK, MIXED-USE BUILDING AVAILABLE FOR THE FIRST TIME IN 40 YEARS! LONGTIME BUSINESS OWNER WANTS TO RETIRE, SO THIS IS YOUR OPPORTUNITY TO INVEST IN LOVELY LINCOLN PARK. THE CURRENT BUILDING CONSISTS OF A PRINTING BUSINESS ON THE FIRST FLOOR WHICH DUPLEXES DOWN. GREAT SPACE FOR MEDICAL, DENTAL, SPA, OR JUST ABOUT ANY RETAIL. SPACIOUS 2 BEDROOM, 1 BATHROOM UNIT ON 2ND FLOOR. THIS PROPERTY HAS TONS OF POTENTIAL. MUST SEE THE SIZE OF THE COMMERCIAL SPACE TO GET AN IDEA OF FUTURE POSSIBILITIES. TONS OF DEVELOPMENT IN THIS HOT AREA. PLEASE SEE BROKER REMARKS.
Excellent opportunity to add instant equity to this this solid brick mixed-use property in Lawndale. This property is comprised of 1 commercial storefront and 3 residential units. Property is being sold in as is condition, dimensions and information are approximate and buyer/representation responsibility to verify. Seller does not provide survey.
Fantastic property for sale on bustling Lawrence Avenue, featuring large retail windows that provide excellent natural light. This spacious 2,000-square-foot building sits on a 4,375 square-foot lot. A month-to-month tenant (used car dealership) is currently in place. The building includes one drive-in door and parking in the rear and an open floor plan, making it versatile for virtually any type of user.
This property sits on a 6250 sq ft lot, with loft style storefronts 12 ft ceilings, hardwood floors, separate utilities and 2 baths. Modern 2nd level apartments features a 4 bedroom and 1.5 bath and a 3 bedroom 1.5 bath apartments. Basement is partial finished which expands the entire length of the of building including laundry-room, and bath and storage space. Attached garage hold 4 cars
Located in the vibrant and sought-after Loop district, this stunning condo offers the perfect blend of modern design and urban convenience. Completely renovated in 2017, the unit features a spacious and open layout with hardwood floors, glass sliding doors, elegant light fixtures, a kitchenette, and plumbing hookups to add an in-unit washroom. These elements give the unit the versatility to meet all of your needs, including a private office space with its own entry door, separate from the rest of the unit. In the heart of the Loop, this condo offers unparalleled access to dining, shopping, cultural landmarks, public transportation, and all that downtown Chicago has to offer. With modern upgrades, a private office space, and a location that puts you at the center of it all, this condo is a rare find. Don't miss the opportunity to make it yours!
919-927 S Loomis St, 15-unit Trophy Asset located in one of Chicago's most historic neighborhoods, Little Italy. 9.94 GRM / 7.12 CAP. Value-add opportunity with below average rents for 10 residential units comprised of (8) 2 bed/1 bath and (2) 3 bed/1 bath. Coin laundry in basement. Additionally, 5 ground level retail with high 12 ft ceilings, central a/c, duplex down storage rooms and bathrooms. Roof tear off, new sewers, and new deck over the past decade. Short walk to the Pink and Blue Line trains and many boutiques, restaurants and nightlife on Taylor Street. The location is attractive to tenants because of the close proximity to Chicago's trendiest areas, walking distance to UIC with over 30,000 students enrolled, Illinois Medical District and Pilsen neighborhoods. This building represents a unique opportunity to acquire solid real estate in a prime location with a good unit mix in an area that has constant rental demand and very few transactions. Offering Memorandum and Floor Plans under "Additional Documents" and check out the exclusive Drone video. Successful 2024 Tax Appeal from 256,900 proposed assessed value to revised 228,300 (18,000 savings).
MoHall Commercial is proud to present 11240 S. Western Ave, part of the exclusive Western Medical Office Portfolio, a rare opportunity to acquire a property in one of Chicago's most sought-after areas for healthcare providers and professional tenants. Nestled in the heart of the thriving Beverly neighborhood, this 2,064-square-foot medical office building sits on a generous 6,250-square-foot lot and is priced at 689,000. With a pro forma CAP rate of 9 and projected NOI of 62,000 once fully leased, this property promises strong returns and long-term value for savvy investors. Healthcare providers are increasingly drawn to this area due to its growing population, affluent residential base, and unmatched accessibility. Beverly, known for its tree-lined streets, historic charm, and vibrant community, offers a prime location for medical and professional tenants seeking a strong presence in a well-established neighborhood. The property's strategic location on Western Avenue provides excellent visibility and access to major expressways such as I-57 and I-94. Public transit options abound, with the CTA bus lines and the nearby Metra Rock Island District line ensuring convenient commutes for both tenants and their clients. As part of the Western Medical Office Portfolio, this property stands out for its potential to serve as a hub for healthcare services, professional offices, or a mixed-use development. Zoned B1-1, it offers the flexibility to cater to retail and office needs while also allowing for future expansion with residential units above. Its location places it within easy reach of Beverly's bustling commercial corridors, schools, and parks, creating an ideal ecosystem for businesses and their clients. Medical tenants are drawn to Beverly not only for its stable demographics but also for its commitment to fostering local businesses and access to essential amenities. With a growing demand for healthcare and professional services, 11240 S. Western Ave represents a rare chance to invest in a property that meets the needs of today's tenants while offering room for future growth. Don't miss your opportunity to own a cornerstone of the Western Medical Office Portfolio. With its unbeatable location, versatile layout, and potential for exceptional income, this property is an investor's dream in one of Chicago's most desirable neighborhoods.
Attention Investors! FIRE DAMAGED PROPERTY. Solid 6-unit brick building in Auburn Gresham. Conveniently located within walking distance of public transportation, restaurants, shopping, and just minutes from major expressways and conveniences, this property is a rare find. Features Include: Basement W/D hookups Separate space in basement could be garden unit. This property has sustained fire damage. The fire from the neighboring building caused: Second Floor: Front and rear units have fire damage, including a roof hole; the middle unit has minor damage. First Floor: Front unit has water damage to the flooring and some fire damage; other units remain in good shape. The structure is solid with no visible damage to the joists aside from the roof. Walkable decking, but replacement is needed. This property offers tremendous potential for the savvy investor with vision. Buyer Requirements: Cash or Hard Money Only, Quick Close Price reflects condition. Serious buyers only. Please use caution when viewing the property. Text Derek for showing instructions.
Previously serving as the first art gallery on Chicago Avenue, 1303 W Chicago is a classic mixed use property with first floor storefront (complete with restored white tin ceilings, plus bathroom and operable photo darkroom) and a vintage-yet-recently-updated 2 bed 1 bath apartment on the second floor which enjoys central air and heat. 24'x95' lot zoned B1-2. Each level is 1,040 square feet. Back yard features a 12'x15' raised deck and has space for a garage where there was formerly a coach house. Located just north of Chicago's bustling Fulton Market district and moments from a variety of commercial, hospitality, and multifamily projects rising in the surrounding neighborhood, this property is ideally situated to take full advantage of local investment and expansion. Property is in the Chicago Transit-Oriented Development (TOD) area.
Positioned in the heart of Chicago's historic Beverly neighborhood, 11238 S Western Ave is a premier investment opportunity for savvy medical investors seeking stability, growth, and community impact. As part of the exclusive Western Medical Office Portfolio, this meticulously maintained 5,272-square-foot, two-story masonry building delivers both financial performance and strategic location. Anchored by well-established tenants-Life Source Pharmacy, Today's Dental Beverly, and Dr. Theodore James, MD-this property generates a robust (NOI) of 95,655.45 annually with an impressive 7.5 CAP rate. Its dividable layout, equipped with modern exam rooms, offices, and reception areas, offers flexibility for current and future healthcare providers, ensuring a consistent tenant base. Located on bustling Western Avenue, a primary commercial corridor, this property benefits from exceptional visibility and accessibility. The Beverly neighborhood is renowned for its strong residential base, rich cultural history, and growing commercial developments, creating a vibrant community for both tenants and visitors. Nearby access to major expressways, including I-57 and I-94, ensures seamless connectivity to downtown Chicago and surrounding suburbs. The 111th Street Metra Station, just minutes away, adds to the convenience, while Chicago Midway International Airport is only a 19-minute drive. The healthcare sector remains one of the most stable and rapidly growing industries, with increasing demand for outpatient services and community-based care. Medical office properties in Chicago, particularly in neighborhoods like Beverly, are highly sought after due to their consistent tenant base and essential role in the community. As part of the Western Medical Office Portfolio, this property represents a unique opportunity to invest in a proven market with a history of resilience and high returns. For investors, 11238 S Western Ave is more than a stable, income-producing asset-it's a key player in a thriving medical hub with long-term growth potential. The healthcare industry's shift towards outpatient services makes strategically located properties like this an indispensable part of any investment portfolio. With a Walk Score of 73, this "very walkable" property is surrounded by a mix of residential, retail, and cultural amenities, ensuring a steady flow of demand from tenants and the community. Invest in Beverly, invest in growth, and invest in a future-proof medical office market. As part of the Western Medical Office Portfolio, this property offers a unique opportunity to secure a foothold in one of Chicago's most dynamic sectors.
INVESTORS, GREAT INVESTMENT PROPERTY!!!! SECTION 8 OCCUPIED UNITS , FRONT UNITS HAVE 2-3 BR'S, BACK UNITS ALL HAVE 3 BR'S, SOLD AS-IS WITH MINOR COSMETIC REPAIRS AS REPAIRS WERE DONE THROUGHOUT OWNERSHIP, ALL UNITS HAVE INDIVIDUAL FURNACE AND HOT WATER TANK.
Introducing a prime income-producing investment opportunity in the Back of the Yards neighborhood at 4748 South Ashland Avenue, Chicago, IL, 60609. This 10,000 SF, 2-story building offers a spacious and versatile layout on the 1st floor with a long-term daycare tenant, ideal for an office on the second floor, ready for your design. 3 city lots of crucial & suburb parking-2,228 SF. Situated in the vibrant Chicago area, this property presents a compelling opportunity for investors seeking a strategic addition to their portfolio. With its prime location and ample space, this property is prepped to meet the demands of modern businesses. Take advantage of this rare chance to secure a valuable asset in a thriving commercial real estate market. -Versatile office space in a high-demand area. -Recently renovated and well-maintained building. -Excellent visibility and accessibility with a high walk score of 85/100. -City Reinvestment Opportunity. -Invest in the west corridor. -Potential for customization & value-added potential to suit specific business needs. -Ample parking lot for employees and visitors. -Proximity to critical amenities and transportation options. -Strong potential for rental income or owner-occupation. -Potential for value appreciation in a thriving market.
Fantastic property for sale on bustling Lawrence Avenue, featuring large retail windows that provide excellent natural light. This spacious 2,000-square-foot building sits on a 4,375-square-foot lot. A month-to-month tenant (used car dealership) is currently in place. The building includes one drive-in door and parking in the rear and an open floor plan, making it versatile for virtually any type of user.
C1-2 Zoning. Roughly 2700 square feet. Tear down or build up or keep this 1-Story storefront brick building currently rented to an established business. Building only for sale. Blocks from Addison Brown line. Located on popular Ashland avenue!
Fantastic property for sale on bustling Lawrence Avenue, featuring large retail windows that provide excellent natural light. This spacious 2,000-square-foot building sits on a 4,375-square-foot lot. A month-to-month tenant (used car dealership) is currently in place. The building includes one drive-in door and parking in the rear and an open floor plan, making it versatile for virtually any type of user.
Exceptional Mixed-Use Property in Lincoln Park - Prime Investment Opportunity Discover this incredible mixed-use property in the heart of Lincoln Park, offering unmatched potential for investors or business owners. First Floor: Commercial Space Fully customized for a tire business, but versatile for other uses. Features brand-new flooring, modern lighting, updated fixtures, fresh paint, and central AC/heat. Includes a large detached commercial garage with easy alley access. Second Floor: Residential Unit Beautifully updated 2-bedroom, 2-bathroom apartment. Highlights include stylish flooring, stainless steel appliances, in-unit laundry, and a private balcony. Additional Features Secured by a state-of-the-art security system. Turn-key setup for both commercial and residential use. Unbeatable Location Situated in Lincoln Park, one of Chicago's most sought-after neighborhoods. Steps from DePaul University, major bus lines, and the Kennedy Expressway. Minutes to Wrightwood Park, Whole Foods, Mariano's, CTA, Metra, and other key amenities. This property combines modern functionality with a prime location, making it perfect for investors seeking a high-yield opportunity or business owners ready to hit the ground running. Don't miss this chance to own a piece of Chicago real estate in one of its most vibrant neighborhoods!
Mixed use building situated on a corner/oversized lot in Lincoln Park, measuring 30x125 and zoned RT-4. The property comprises three units: two apartments and one commercial tenant, with no vacancy in over 30 years. The commercial lease (Tapster), operates under a modified lease, with the tenant responsible for real estate tax and insurance costs proportional for increases over the 2018 base year rates. Additionally, the commercial tenant is accountable for all mechanicals in their space and snow removal for the building. Apartment 2F, a 3-bed 2-bath duplex with a true primary suite, is leased until April 2025 for 2700/month. Apartment 2R, a condo-quality 2-bed 2-bath duplex with a rain shower and fireplace, is rented for 2700/month until September 1, 2025. Both units offer considerable potential for increased rental income. The property enjoys proximity to Jonquil Park and DePaul University. Tapster, the commercial tenant, pays 5,402 per month plus any water bill costs exceeding 200 (billed every 2 months), with the lease expiring in June 2027 and an option to renew for an additional 5 years thereafter. The lease renews annually every July with a 2.5 increase per annum. Tapster also contributes additional rent proportional to insurance and tax increases as stated above. The property's expenses include 2022 taxes amounting to 21,597, insurance costs of 11,412 (potentially lower if shopped), and an annual water expense of 1200. The property currently operates with a Tavern license. The license is permanently affixed to the property, meaning the current tenant will need to either transfer it to a new tenant (subject to landlord approval) or to the building owner upon vacancy. Tenants cover all heat and gas expenses, while Tapster manages snow removal and landscaping. The furnaces in both units are new, with the 2R unit's furnace being just 2 months old and the 2F unit's furnace being 2 years old. Additionally, all three AC condensers are from 2017 or newer. With recent developments such as Avli Taverna and Love Street joining the block, and Lincoln Commons nearby, the location is hard to beat.
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.