Courtesy: Millennium Properties RE, Inc.
312-338-3000
Available for sale is a 5,100 SF two-tenant retail property steps from the 95th/Dan Ryan Red Line station, offering exceptional visibility, strong traffic, and solid income potential. The building includes one stabilized unit leased to an established convenience store operator and a vacant former restaurant space equipped with existing kitchen infrastructure, creating a turnkey opportunity for investors, owner-users, or a new food and beverage concept. Located in a high-traffic corridor on Chicago's south side with direct access to the 95th/Dan Ryan transit hub and immediate proximity to the Dan Ryan Expressway, the property benefits from exceptional connectivity and strong neighborhood activity. This rare transit-oriented corner offers a compelling opportunity for repositioning, new concept deployment, or continued multi-tenant retail use, making it an attractive option for growth-minded investors and operators.
Courtesy: Dralyuk Real Estate Inc.
773-275-8520
Center entrance. Condo quality, 5 unit property that includes 11 bedrooms and 6 bathrooms. Building has updated electrical and plumbing system. Separate energy meters. In unit laundry hook up. Hardwood floors throughout. Six car parking space on site. PROPERTY LISTED ON HUBZU AUCTION. Vacant lot next door is also for sale.
Courtesy: Century 21 IMPACT
815-221-8400
This 6,000+ sq. ft. commercial brick building is currently operating as a fully equipped auto body shop. The sale includes both the business and the real estate, making this a rare turnkey opportunity. Property & Business Features: * Newly installed spray paint booth * Two hydraulic lifts and one ramp * Additional machinery, tools, and equipment included in sale * City ordinances and licenses up-to-date * 6-year new heating system * Basement storage area * Office and customer waiting area Perfect for an owner-operator or investor looking to step into a fully operational business with strong income potential.
Courtesy: Keller Williams Preferred Rlty
708-798-1111
Great buy-and-hold opportunity for an experienced investor familiar with IDHA or nonprofit partnerships. The property includes a regulatory agreement with an AMI requirement, while still offering strong value-add potential and long-term cash flow.
Courtesy: Keller Williams ONEChicago
312-216-2422
Pleased to present 7304 S. Union Avenue, a 6-unit multifamily investment opportunity located on Chicago's South Side. Offered at a purchase price of $430,000, this apartment property provides investors with immediate cash flow, strong in-place returns, and a clear pathway to value enhancement through lease-up and rent optimization. The property consists of a balanced unit mix of (3) one-bedroom / one-bathroom units averaging approximately 1,075 SF and (3) twobedroom / one-bathroom units averaging approximately 1,305 SF, totaling roughly 7,140 rentable square feet on a 0.11-acre lot. Originally constructed in 1914, the building benefits from large floor plans that support competitive rent growth relative to the surrounding market. The asset generates the potential for $80,400 in gross scheduled rent once the remaining 3 units are occupied, producing an effective gross income of $76,380 after a conservative vacancy assumption. Our team is also assisting with backfilling the available units to prove the pathway to profit. At stabilized operations, the property delivers a Net Operating Income (NOI) of $44,032, equating to a compelling 10.24% in-place cap rate. Upon stabilizing occupancy and achieving market rents, projected Year 1 gross scheduled rent increases to $102,508, with NOI growing to approximately $62,246, supporting a pro forma cap rate of 14.48%. Operating expenses are efficiently managed at approximately 42.4% of effective gross income in-place, improving to 36.1% at stabilization, driven by scale efficiencies and increased income rather than aggressive expense assumptions. The investment is underwritten with conservative vacancy, realistic market rents, and no assumed capital expenditures, making it well-suited for both value add and cash-flow-oriented investors. With favorable pricing at approximately $71,667 per unit and $60 per square foot, 7304 S. Union Ave presents an attractive entry point into the Chicago multifamily market, offering strong yield, upside through lease-up, and long-term appreciation potential. This offering represents an ideal opportunity for investors seeking high cash-on-cash returns, operational upside, and a scalable multifamily asset in a supply-constrained urban submarket.
Courtesy: Circle One Realty
630-528-2300
Opportunity to build sweat equity - 2 story brick w/2 apt and 1 store front & s car garage. All steps away from Metra Station. Must see! Property sold in "As-Is" condition - No seller warranties or repair credits - conveyed with special warranty deed & 100% tax prorations. Attached are photos of the building's potential.
Courtesy: Real People Realty
815-469-7449
Listed to sell quickly! Enjoy this one of a kind commercial condo in the illustrious Bronzeville Neighborhood! B3 zoning leaves room for PLENTY of business types. Low HOA and taxes! Perfect for investor or owner occupier.
Courtesy: Fulton Grace Realty
773-698-6648
Presenting 2203-07 S Ridgeway Ave., a well-maintained 8-unit corner apartment building located in Chicago's desirable Little Village neighborhood. The property is comprised entirely of two-bedroom, one-bathroom units, providing consistent layouts that are attractive to both tenants and owners. Many of the apartments have been recently renovated with modern finishes, including granite countertops, new cabinetry, updated bathrooms, individual furnaces and hot water heaters, and new or refinished hardwood flooring. These improvements position the property well for strong rental performance with additional upside potential. Ideally located just one block from the CTA #21 bus line and approximately half a mile from the CTA Pink Line, the building offers excellent access to public transportation, further enhancing tenant demand. This property represents a solid value-add investment opportunity in a growing neighborhood with strong and stable rental demand.
Courtesy: New Millenium Properties
773-529-5090
Unique opportunity in spacious 1462 sq. ft. This is a perfect Live/work property! Where can you find A condo this large for this price! North Center office/retail condo. The space features 2 offices or bedrooms, a flexible open workspace, kitchen, and laundry. Custom high-end closets and built-ins throughout. Excellent location - 1 block away from the Irving Park Brown line. 2 tandem exterior parking spaces immediately adjacent to the condo included. Great opportunity in a great location!
Courtesy: New Millenium Properties
773-529-5090
Unique opportunity in spacious 1462 sq. ft. This is a perfect Live?work property! Where can you find A condo this large for this price! North Center office/retail condo. The space features 2 offices or bedrooms, a flexible open workspace, kitchen, and laundry. Custom high-end closets and built-ins throughout. Excellent location - 1 block away from the Irving Park Brown line. 2 tandem exterior parking spaces immediately adjacent to the condo included. Great opportunity in a great location!
Courtesy: @properties Christie's International Real Estate
847-692-5522
A versatile 3 story office building with 17,250 square feet that has been completely built out. The building consists of reception area's, private offices, open concept work area's, conference rooms, built-out webinar rooms, kitchenette and breakroom/eating area's. An owner user has income in place to off-set expenses or, with the large spectrum of permitted uses, this can be a value add opportunity for an investor. Multi-tenant potential with separate HVAC, gas and electric for each floor, fire sprinklers, generator, freight / passenger elevator, and so much more. Full list of FF&E, survey and floor plans available upon request. Rental income is proforma...second and third floor currently vacant.
Courtesy: Century 21 Circle
708-424-1199
Mt. Greenwood's ideal location for this first floor commercial/office condominium - UNIT 102 - in a mixed-use building on heavily traveled 111th Street. Elevator building - all first-floor units are commercial condos. Upper floors offer residential condos. This unit at the west end of the first floor offers open and updated reception area, two private office spaces, a general work or conference area, full updated bathroom, and a kitchen. Current owner may be willing to include all furniture and built-ins. Professionally well-managed building - Park Management. Longtime owner has kept this office/condo in excellent condition - ideal for the small business owner who prefers to own their own space - no more rental headaches. On-site parking lot for owners and guests. Units can NOT be rented. Invest in YOURSELF and your business...low HOA makes this a most affordable investment.
Courtesy: Pioneer Realty Group LLC
773-687-9630
Fully renovated 6-unit mixed-use building located in the highly desirable Roscoe Village neighborhood. The property underwent a complete gut renovation and reconfiguration in 2020, creating modern layouts with king-sized bedrooms, added closet space, and sleek contemporary finishes throughout. Designed for low maintenance and strong tenant appeal, the building offers a stable monthly rent roll exceeding $18,000. The property also includes a long-term commercial tenant with a national presence, providing additional income stability. A turnkey investment opportunity in a high-demand North Side location with strong income and minimal capital needs.
Courtesy: Coldwell Banker Realty
312-981-5500
Welcome to 1651 N. Karlov Avenue - a cherished and beautifully maintained church nestled in the heart of West Humboldt Park. This special property offers a warm and inviting space for worship, fellowship, and community connection. The spacious sanctuary comfortably seats approximately 375 people and features striking stained-glass windows that fill the room with soft, inspiring light. Behind the scenes, you'll find four private offices and a 14x11 conference room, providing ideal spaces for ministry work, planning, and outreach. The large fellowship hall is perfect for weddings, celebrations, and community events, while the full commercial kitchen-complete with a large stove and refrigerator-makes hosting meals and gatherings easy and enjoyable. Adding exceptional value, the property includes an adjacent parsonage, offering a convenient and comfortable pastor's residence right next door. Additionally, a handicap lift was thoughtfully installed to ensure easy accessibility and comfort for all guests and members. Recent capital improvements include a new heating furnace, a new roof, and fresh tuckpointing throughout the exterior, offering peace of mind and reduced maintenance for years to come. Spacious on-site parking includes 8 dedicated spaces plus an additional 8 spaces along the side of the building, providing ample parking for services and events. Every corner of this property reflects years of care, dedication, and pride. More than a building, this church represents an opportunity to continue a legacy of faith, service, and community in one of Chicago's vibrant neighborhoods.
Courtesy: Chicago Real Estate Resources
773-327-9300
Courtesy: RE/MAX Premier
773-966-5962
Private keyed elevator enters into this 3,000 square foot office condominium .This luxury loft space offers the opportunity to own a full floor in the heart of the city and the flexibility to have an office with high-end appointments or the ability to easily convert to a live/work suite or a two or three-bedroom apartment. The light-filled space boasts a dramatic entry lobby with secure elevator identity, floor-to-ceiling windows providing extensive light, incredible views and access to unit via stairway. There is also a shared rooftop deck, individual storage lockers, bike storage and a gym. This space is ideal for live/work, office, or a private residence. Assessments include all utilities except electricity. Area tenants include The University Club, The Art Institute of Chicago, The Palmer House, Nordstrom Rack, Target, Macy's, DePaul University, The School of the Art Institute of Chicago, Roosevelt University, Silversmith Hotel, Chicago Theater, Chicago Symphony Orchestra, Harris Theater, James M. Nederlander Theatre, restaurants and public transportation.
Courtesy: RE/MAX Mi Casa
773-767-1616
Exceptional mixed-use property in the Roseland area, fully renovated in 2022 and ready for business or owner occupancy. The first floor features a fully equipped commercial space, complete with all necessary fixtures and furnishings to continue the legacy of the Ware Ranch Steak House. The second floor offers a flexible, open-concept area that can be used as additional dining, living space, or a banquet hall. Additional features include parking for 4 cars in the rear, central air, central heat with individual controls, and separate meters for electricity. Most items stay with the property, providing a turnkey opportunity, with only a small cooler and select wall decor excluded. Conveniently located with easy access to Michigan Avenue, this property is ideal for entrepreneurs, investors, or anyone looking to operate a business with residential potential above. Schedule your showing today and explore the possibilities this versatile Roseland property has to offer!
Courtesy: Flats, LLC
312-506-3200
6500-6508 S. Ingleside Ave. for sale. The offering consists of (4) luxury, new construction 3 unit buildings consisting of all 3 BD/2 BA layouts with condo quality finishes. The properties are being offered for sale individually or in a package of 2, 3, or 4. The units feature high end engineered hardwood flooring throughout, quartz countertops, designer cabinetry, stainless steel appliances, washer/dryer in unit and central heat and air. The units have individual furnaces and water tanks. Primary bathrooms come appointed with stand up showers and each bedroom has ample closet space. Each unit also has dedicated gated parking in the rear of the property. The subject investment presents qualified investors the opportunity to acquire a turn key, brand new, high end condo quality product with the ability to achieve rents at the top of the rental market in the fast appreciating Woodlawn
Courtesy: Aaby Realty
773-763-5050
Alert investors, Great opportunity to own the most attractive mixed use building in Norwood Park if not in the Northwest Side and Suburbs. This 35 year old building has 6 one bedroom, one bath apartments with individual utilities, furnaces and storage all rented below market rental rate. Laundry Room with coin operated washer and dryer. !st floor has Real Estate/Builders office since 1991 and a long term Daycare Tenant since 2007. Entire building is fully rented albeit not at today's market value. New roof in 2014. 5 Parking spaces not rented that should be rented.
Courtesy: Coldwell Banker Realty
312-981-5500
Courtesy: Keller Williams ONEChicago
312-216-2422
Prime Value-Add investment opportunity in nice South Shore neighborhood. 12-unit m/u property, comprised of (8) 2 Bedroom/1Bath Units, and (4) 3 Bedroom/1 Bath units. Two 6-unit brick buildings, with center entrances front and back, with rear parking. Each unit with large bright living room, 2 or 3 full bedrooms, dining/family room, and separate kitchen with pantry and leading to back enclosed porch. Over half of the apartments have been completely remodeled to leverage higher market rents. New owner can complete rehab of additional units and leverage appreciation of market rents, or easily convert all remaining 2 bedrooms into 3 bedrooms. The opportunity is here to step into cash flow on day one and to also improve overall performance through leasing and management. Conveniently located a short distance from public transportation, including Metra, beautiful Lake Michigan, and surrounded by numerous grocery stores and shops. This multifamily opportunity offers immediate value-add potential from the moment of acquisition.
Courtesy: Keller Williams ONEChicago
312-216-2422
Prime Value-Add investment opportunity in nice South Shore neighborhood. 6-unit m/u property, comprised of (4) 2 Bedroom/1Bath Units and (2) 3 Bedroom/1 Bath units. (Being offered as discounted package with adjacent 6-unit identical building. MLS#12499606) 6-unit brick building, with center entrances front and back, with rear parking. Each unit with large bright living room, 2 or 3 full bedrooms, dining/family room, and separate kitchen with pantry and leading to back enclosed porch. Over half of the apartments have been completely remodeled to leverage higher market rents. New owner can complete rehab of additional units and leverage appreciation of market rents, or easily convert all remaining 2 bedrooms into 3 bedrooms. The opportunity is here to step into cash flow on day one and to also improve overall performance through leasing and management. Conveniently located a short distance from public transportation, including Metra, beautiful Lake Michigan, and surrounded by numerous grocery stores and shops. This multifamily opportunity offers immediate value-add potential from the moment of acquisition.
Courtesy: Prestige Realty Group
773-647-5570
Seize the opportunity to own a fully rehabbed, income-generating powerhouse in the heart of Brighton Park. This 6-unit apartment building has been meticulously updated from top to bottom, offering investors a rare, "plug-and-play" asset with immediate strong cash flow. Modern luxury meets high yield. Each of the six spacious units features high-end finishes designed to attract and retain premium tenants: Gourmet Kitchens: Brand new cabinetry paired with elegant granite countertops. Refined Interiors: Gleaming, newly refinished hardwood floors throughout. Designer Baths: Fully updated bathrooms with modern fixtures and custom tiling. Worry-Free Maintenance: Updated systems throughout the building ensure low overhead for years to come. This is a true "money maker" in a rapidly appreciating neighborhood. Whether you are looking to expand your portfolio or start with a flagship asset, this Brighton Park gem is ready for its next owner. Schedule your private tour today!
Courtesy: Great Lakes Realty Central Inc
773-616-8700
Introducing a prime income producing investment opportunity plus tremendous development potential in the Back of the Yards neighborhood at 4748 South Ashland Avenue - spread over 5 CITY LOTS - 124 FT of frontage on Ashland Ave & on the corner of 48th Street. This 10,984 SF, 2-story building offers a spacious & versatile layout on the 1st floor with a long-term daycare tenant + a 5,450 SF vacant, ready to build out second floor ideal for offices, medical, apartments, gym or other uses, + three vacant lots for new construction retail, parking or both. This property presents a compelling opportunity for investors seeking a strategic addition to their portfolio with huge upside development potential. With its prime location & 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. The building was gut rehabbed from a shell & in superb condition, with all modern mechanicals. Excellent visibility & accessibility with a high walk score of 85/100. City Reinvestment Opportunity, "INVEST South/West" corridor. Potential for customization & value add potential to suit specific business needs. Ample off street parking potential for employees & visitors. Proximity to critical amenities & transportation options. -Strong potential for rental income growth &/or an owner operator. Unlimited potential offers huge development opportunity, leading to value appreciation in an upcoming neighborhood. Sellers are retiring & are pricing this to sell & way below their cost.
Courtesy: Smart Home Realty
630-870-1000
Discover an exceptional retail opportunity in a high-visibility commercial corridor. This spacious 3,435 Sq Ft storefront-paired with an additional 3,435 sq ft full basement-offers a total of 6,870 sq ft of versatile space ideal for retail, showroom, service, or mixed-use concepts. The main level features an open floor plan with excellent frontage, large display windows and strong foot and vehicle traffic. The equal-sized basement provides valuable storage, production, or back-office capacity, enabling efficient operations and seamless customer flow. Schedule your private showing today!
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.
