Courtesy: eXp Realty
888-574-9405
Turnkey 6-unit multifamily property delivering immediate cash flow with significant upside potential. Four units are currently occupied with tenants paying their own utilities, keeping operating costs lean from day one. Major capital improvements have already been addressed including a new roof, porch, fence, and updated unit interiors - removing the heavy lifting for the next owner. Two vacant units are ready to lease for instant income upside, and the unfinished basement presents an opportunity to add additional units. A 4-car garage and coin laundry installation potential offer even more ways to maximize NOI. Major CapEx done, a stabilized tenant base in place, and multiple levers to force appreciation - 8022 S Paulina is a disciplined investor's dream. Properties with this profile don't last.
Courtesy: Berman Anguiano Team LLC
312-610-1700
8000 S Hermitage is a 12-unit apartment building located in Chicago's Auburn Gresham neighborhood. Featuring an attractive unit mix of [6] 2BD/1BA and [6] 3BD/1BA units, the property is producing stabilized in place cash flow at a 9.5% cap rate with room for upside by increasing currently below market rents. The property is in great physical condition and ideally located near the Dan Ryan Woods and many national retailers
Courtesy: Essex 312, LLC
773-305-4858
This 10-unit multifamily asset, comprised of three buildings on a single oversized parcel, offers stabilized cash flow with recent capital improvements that significantly reduce near-term expenditures. Ownership has completed upgrades to electrical, plumbing, and mechanical systems, along with exterior improvements, positioning the asset as a low-maintenance investment. Units feature renovated interiors with updated kitchens and baths, supporting strong tenant demand and rental stability. Enjoy strong cash flow with very little capex for several years to come.
Courtesy: Compass
630-974-6750
Here's your chance for an EXCEPTIONAL opportunity to acquire a versatile institutional / redevelopment property in a prime Chicago corridor. Currently configured as a church, this substantial building offers a 300-seat sanctuary, dedicated business office, and welcoming reception area, making it ideal for continued religious or community use. The lower level expands the functionality with a spacious dining hall accommodating approximately 75 guests with tables and chairs, a full kitchen, and separate men's and women's restrooms-perfect for events, gatherings, meetings, or support operations. Calling all investors, developers, entrepreneurs, and creative visionaries-this is your chance to transform a property with exceptional potential. Whether you envision maintaining it as a house of worship, converting it to an income-producing rental property, redeveloping into retail storefronts, office suites, event space, educational use, or another creative concept, this property offers endless possibilities for investors, developers, nonprofits, and owner-users alike. Bring your vision and unlock the potential of this unique asset. A separate nearby parking lot is also available and may be acquired individually or together as part of a portfolio package with this property. Ideal for expanded parking, or added investment value. Contact listing agent for additional details.
Courtesy: eXp Realty
888-574-9405
Prime Southport Corridor storefront opportunity. Located in the heart of one of Chicago's most sought-after retail districts, this 1,900 SF ground-level commercial condo offers exceptional potential for both an owner-user or investor. Positioned along a high-traffic stretch of Southport Avenue, the property benefits from strong foot traffic, excellent street visibility, and a dense surrounding residential and retail base. The space features a flexible layout suitable for a wide range of uses, including retail, office, medical, wellness, or service-based businesses. Zoned B1-2, the property allows for significant versatility, making it an ideal option for a variety of commercial applications. Large storefront windows provide abundant natural light and strong exposure to passing pedestrian and vehicle traffic. The unit includes 1.5 bathrooms (including one full bath) and independent HVAC, offering efficiency and control. Delivered vacant, the property presents an excellent opportunity for immediate occupancy or lease-up strategy in a well-established corridor with a strong mix of national brands, local boutiques, and destination dining. Convenient access to the Brown and Purple Lines further enhances accessibility and consistent consumer flow. A rare opportunity to acquire a well-positioned commercial asset in the highly desirable Southport Corridor.
Courtesy: Landmark Realtors
773-467-8500
Prime Investment Opportunity in the Heart of Ukrainian Village! Well-maintained mixed-use property located in one of Chicago's most desirable neighborhoods. This income-producing building features a fully leased retail storefront on the ground level and two residential apartments on the 2nd and 3rd floors - both currently rented, offering immediate cash flow. Situated on high-visibility N Western Ave, this property benefits from strong foot and vehicle traffic, making it ideal for long-term investment or future value appreciation. The residential units provide steady rental income, while the commercial space adds diversification to your portfolio. Unbeatable location in vibrant Ukrainian Village, surrounded by restaurants, cafes, shops, and convenient access to public transportation. Perfect for investors seeking a turnkey property in a prime Chicago location!
Courtesy: Koral Realty
773-907-8300
Outstanding Location! Commercial condo in very busy area- surrounded w/restaurants, banks, schools, and clinics. Close to everything. Excellent opportunity to run your own business and to grow in very busy area! Hardwood Floors throughout. Double front windows. Building has conference room, fitness room and deck. Available immediately. Rarely available and hard to miss!
Courtesy: Century 21 S.G.R., Inc.
312-326-3697
Office/creative storefront space with a brick facade adorned with steel and glass with architectural 18" LED wall sconce with flood beam spread lighting. Sharp and modern design, Key Award nominated Commercial Property Design by HBAGC. Open reception, meeting, presentation, double ring LED pendant lighting, lounge area with fireplace and wet bar, 3 private offices/treatment rooms/sound studio, side by side built in desk alcove, kitchenette, custom built-ins and shelving, storage room, closets and a private restroom arranged with wall cabinetry. 3 camera security video system with remote recording and video doorbell with remote entry. Located on Roscoe Village's Belmont Avenue with over 17,000 VPD. Zoned C1-2 allowing for personal service businesses and a variety of uses. Parking included and abundant street parking available. Available For Sale and Lease.
Courtesy: Century 21 S.G.R., Inc.
312-326-3697
Office/creative storefront space with a brick facade adorned with steel and glass with architectural 18" LED wall sconce with flood beam spread lighting. Sharp and modern design, Key Award nominated Commercial Property Design by HBAGC. Open reception, meeting, presentation, double ring LED pendant lighting, lounge area with fireplace and wet bar, 3 private offices/treatment rooms/sound studio, side by side built in desk alcove, kitchenette, custom built-ins and shelving, storage room, closets and a private restroom arranged with wall cabinetry. 3 camera security video system with remote recording and video doorbell with remote entry. Located on Roscoe Village's Belmont Avenue with over 17,000 VPD. Zoned C1-2 allowing for personal service businesses and a variety of uses. Parking included and abundant street parking available. Available For Sale and Lease.
Courtesy: Marblestone Property Group LLC
312-376-8753
Six 3BR/2BA units 5/6 units occupied rents $1,150-$1,700/mo 2025 rent income $81,418 NOI ~$38,500 Current rents below market with clear upside as leases roll. Solid brick building, hardwood floors throughout, gated front yard, on-site parking. City violations on record - all repair work completed by seller in 2025; re-inspection pending only, no repair cost to buyer. Strong in-place income with value-add upside. Sold as-is. Proof of funds required.
Courtesy: Granada Realty LLC
773-733-0936
Welcome to 5656 W Marshfield, a well-maintained multi-family property offering a fantastic opportunity for both investors and owner-occupants. This property features 8 units with spacious layouts, abundant natural light, and functional floor plans designed for comfortable living. Each unit offers well-sized bedrooms, bright living areas, and kitchens with ample cabinet space, making it ideal for long-term tenants or extended family living. The property provides strong income potential while also allowing the option to live in one unit and rent out the others. Situated on a generous lot, the exterior offers space for outdoor enjoyment and added convenience. Located near schools, parks, shopping, and public transportation, this property combines accessibility with neighborhood appeal-an excellent addition to any portfolio. 7800 finished sqft. All units on 5656 S Marshfield updated 2016. All units on 1638 W 57th updated 2023. New roof installed 2016.
Courtesy: United Real Estate-Chicago
630-748-4660
SELLING AS-IS - CONTRACTOR SPECIAL. A rare opportunity to own a high-yield, all-brick 5-unit investment property. This versatile building features three spacious 2-bedroom units, each offering the potential to convert the sunroom into a third bedroom. These units include large living rooms, separate dining rooms, generous bedrooms, and kitchens with oversized pantries, along with full bathrooms featuring soaking tubs. The property also includes two well-designed 1-bedroom units, each with a comfortable living room, separate dining area, large kitchen, and ample pantry space. Each unit is configured for individual HVAC systems, with installation already underway in four of the five units, making it easy to complete and add individual A/C. Additional amenities include a shared laundry room, individual storage spaces in the basement, a 2-car attached garage, and two additional driveway parking spaces. Ideally located just minutes from shopping, dining, entertainment, and convenient access to I-290, this property presents incredible potential for investors or contractors looking to add value.
Courtesy: Sperry Van Ness
312-676-1866
This well-maintained brick multifamily property presents a compelling investment opportunity with both strong in-place income and significant upside potential. The asset is currently configured as a 6-unit building with a 7th non-conforming unit (4R), which is presently duplexed into the 3rd-floor rear unit (3R), creating an expansive 4-bedroom, 2-bath residence. The remaining units offer a desirable unit mix, with two units already renovated, allowing investors to immediately benefit from increased rents while continuing to execute a value-add strategy across the balance of the property. Additional features include a 2-car garage, basement storage, and common laundry, further enhancing tenant appeal and operational efficiency. Located just steps from the CTA Pink Line, the property offers excellent accessibility and strong rental demand driven by proximity to public transit and surrounding neighborhood amenities. Ownership has secured approvals to expand the property to a total of 9 units, including the addition of two affordable units, providing a clear path to increased density and long-term value creation. With the ability to further renovate units and capitalize on the approved expansion, this offering represents an attractive opportunity for investors seeking both stabilized cash flow and meaningful upside in a transit-oriented location.
Courtesy: RE/MAX Mi Casa
773-767-1616
Excellent opportunity in the McKinley Park area! Well-maintained 6-unit brick building featuring spacious 3-bedroom units with formal dining rooms, offering comfortable layouts that appeal to a wide range of tenants. The property is fully occupied with month-to-month tenancies, providing immediate rental income along with flexibility for future adjustments. Current rents are below market value, presenting strong upside potential for increased cash flow. Conveniently located near the Orange Line and Ashland bus, with easy access to transportation, shopping, and neighborhood amenities. Showings will begin with two units, with additional access provided upon accepted offer. A solid investment opportunity with long-term growth potential in a prime location.
Courtesy: Century 21 Circle
773-465-4200
1753, 1755, and 1759 Corner of 3 single-story buildings consisting of: A. Leased retail/grocery store about 3,000 Sq. ft., A. Vacant space about 2,500 Sq. ft, and B. Day-car space in process of being occupied about 2,500 Sq. ft. with B 1-1 zoning allowing retail and apartment on top of main floor. A busy neighborhood retail location surrounded by local businesses, food places, apartments and well-connected by public transit. Typical of Chicago's South Side commercial strips
Courtesy: Castelli Management LLC
773-851-7636
Classic Chicago Greystone in Tri-Taylor, ideally located near the Illinois Medical District. The building features a 6-unit layout plus additional garden unit. Unit mix includes two front 3BR units (2F, 3F) and one front 2BR unit (1F), along with three rear 2BR units. Garden level provides additional 3BR living space, with rear lower-level storage. All units have separate gas and electric meters, with tenants responsible for utilities. Rents are currently below market with all tenants on month-to-month leases, offering strong value-add potential. Conveniently located near UIC, Rush, Stroger Hospital, public transportation, and major expressways. Ideal opportunity for investors seeking upside in a high-demand rental location.
Courtesy: Compass
773-482-1917
Attention investors and operators! This is an excellent opportunity featuring two charming storefronts located near the lakefront and Loyola University. The property also includes two apartments above the commercial spaces, with tenants responsible for their own utilities. Additional highlights include two rear parking spaces. This location is ideal for local businesses such as insurance, accounting, or law offices. The building is fully rented and generates strong income. Don't miss this promising investment.
Courtesy: Chicago Real Estate Resources
773-327-9300
1,730 SF corner storefront on high-traffic Chicago Avenue * B1-2 zoning with flexible use potential * Two ADA-compliant restrooms * Strong visibility with excellent signage/branding opportunity * No HOA or assessments. * Ideal for owner-user or investment, supported by dense surrounding residential base. Excellent candidate for 1031 Approximate good cap rate.
Courtesy: Baird & Warner
773-326-6500
Portfolio investment comprised of 5 apartment units and 2 Commercial Condos. Perfect for long term investor or 1031 Exchange. Positioned at the intersection of the Gold Coast and Old Town - two of Chicago's most coveted submarkets, this offering at 163 Division Street represents a rare opportunity to acquire a scaled, mixed-use asset in the heart of these neighborhoods. The portfolio consists of five fully furnished residential condominium units and two street-level commercial spaces, collectively comprising significant ownership percentage of the condominium association-providing meaningful influence over governance and long-term asset strategy. With limited remaining development parcels in the immediate vicinity, the property offers both durable in-place income and compelling embedded land value. The commercial component, totaling approximately 1,560 square feet, is a busy Asian Wok sit-in and take out restaurant. The residential units-comprising a mix of one- and two-bedroom layouts. This dual-income stream provides diversification across tenant profiles and revenue sources.
Courtesy: Mark B. Weiss Real Estate, LLC
773-871-1818
6,000 sq foot lot. 50" x 12)'. Zoned B3-3. Located in the heart of Lincoln Park. North of the intersection of Lincoln/Fullerton and Halsted. Across from the Biograph Theatre, steps from the campus of DePaul University. This is one of the best buildable sites in Lincoln Park. One tenant M-M one tenant with a lease expiring Aug 30, 2028. Highest & Best Use Description - 2440-42 N. Lincoln Avenue 2440-42 N. Lincoln Avenue represents one of Lincoln Park's strongest boutique redevelopment opportunities: a 6,000 SF, 50' x 120' site zoned B3-3 Community Shopping District, positioned just north of Lincoln/Fullerton/Halsted, across from the Biograph Theatre and steps from DePaul University. The zoning supports a high-value mixed-use concept, with ground-floor retail, restaurant, service, medical, boutique fitness, showroom, or creative commercial use, and apartments or condominiums above. Under B3-3 zoning, residential units are permitted above the ground floor, with a base 3.0 FAR, which on a 6,000 SF lot suggests approximately 18,000 buildable square feet before any applicable bonuses. The dash-3 density standard allows one dwelling unit per 400 SF of lot area, indicating a potential base density of approximately 15 residential units, subject to final zoning, design, parking, open-space, rear-yard, ARO, and building-code review. Chicago's zoning code also allows Transit-Served Location incentives for qualifying B3-3 sites near CTA rail stations or eligible CTA bus corridors, including reduced minimum lot area per unit and potential FAR increases up to 4.0 when applicable affordable-housing requirements are met. The property is especially relevant under Chicago's Transit-Oriented Development / Transit-Served Location ordinance because Lincoln Avenue is a dense, walkable commercial corridor with immediate access to CTA bus service and nearby rail connectivity. For a developer, this can materially improve feasibility by reducing parking burdens, encouraging higher-density housing near transit, and supporting a pedestrian-oriented building with active retail frontage. This is exactly the type of corridor the ordinance is intended to strengthen: more housing, less auto dependency, stronger neighborhood retail, and better use of land near transit. The strongest new-construction uses include: Mixed-use apartments over retail: ground-floor commercial space with boutique rental apartments above, appealing to DePaul students, young professionals, medical users, neighborhood renters, and residents seeking a walkable Lincoln Park lifestyle. Condominiums over retail: larger luxury condo units above a premium retail base, positioned for buyers who want new construction in a high-income, supply-constrained Lincoln Park location. Boutique office or medical over retail: creative office, wellness, dental, therapy, design, or professional suites above street-level retail, benefiting from visibility, transit access, and the Lincoln Park customer base. All-residential upper-floor development with active commercial frontage: a modern mixed-use building that preserves Lincoln Avenue's storefront character while adding needed housing density. The demographics strongly support residential and retail demand. Lincoln Park has approximately 67,831 residents, 33,145 households, a young median age of 31.3, and a highly educated population, with 45.4 percent holding a bachelor's degree and 40.3 percent holding a graduate or professional degree. Median household income is approximately $137,505, with 46.1 percent of households earning $150,000 or more. The area is also renter-friendly, with 54.5 percent renter-occupied households, and transit-oriented, with strong transit, walking, biking, and work-from-home patterns. In short, the highest and best use is a new-construction mixed-use development with retail at grade and luxury apartments or condominiums above, taking advantage of the site's width, B3-3 zoning, Lincoln Park demograp
Courtesy: Kawash Group
630-337-9126
High-visibility retail property on Sheridan Rd. 5,257 SF with flexible layout suitable for retail, medical, fitness, or service use. Strong foot and vehicle traffic. Vacant and ideal for owner-user or investment.
Courtesy: Infiniti Properties, Inc.
708-206-3000
Brick Commercial Building 4400 Sq. Ft. Zoned PMD 13. Currently Vacant Ready For New Owner(s) Use. Featuring: Owners Office (2) Bathroom(s) Rear Parking For Approx. 15+Vehicles. Great Location!!! Multiple Use Building . Zoned For Automobile Related Business(s)
Courtesy: Kawash Group
630-337-9126
The space was formerly operated as a medical clinic and features an existing buildout suitable for medical, wellness, or professional office users, with the flexibility to be reconfigured for retail use. The existing improvements provide a turnkey foundation for an owneruser while also supporting investor demand for adaptable streetlevel space. The Patten Building is a professionally managed mixeduse condominium property with residential units above, providing builtin foot traffic and consistent daily activity. The surrounding area is characterized by dense residential development, proximity to downtown employment centers, and excellent public transportation access. This offering is well suited for an owneruser seeking a longterm downtown presence or an investor pursuing a stabilized or valueadd commercial condominium in one of Chicago's most established urban neighborhoods.
Courtesy: T.K. Realty Inc
630-543-7000
Amazing opportunity to own this 22,355 SQF free standing building. Three separate PIN numbers and addresses make it ideal to occupy or lease individually. EPA phase I and II have been completed and passed October 2023. New roof installed 2019. 12 parking spots plus street parking. Excellent shipping and receiving set up with 3 doc doors. Great demographics, conventionally located near main streets and highways. Next to strip shopping center and many new developments in the area. Some of the permitted uses but not limited to include general manufacturing, industrial class one, freight terminal and movement, car wash, vehicle sales, repair shop and storage warehouse.
Courtesy: Keller Williams Preferred Realty
708-798-1111
Beautiful Graystone with a gated driveway! From outside it looks like a 2-unit structure with a finished basement, but Property is currently being used and is set up as a Turnkey SRO (Single Room Occupancy). You can either continue collecting rents with the existing 8 tenants and increase revenue by adding a 9th tenant in the basement (bsmt will be available when owner sells) OR do your updates and convert the property to a legal 2-4 unit building. (If you are not planning on keeping it an SRO, please know walking in there will be updates and upgrades to be had). Schedule your showing today and explore the possibilities!
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.
