Courtesy: Pearson Realty Group
773-325-2800
Two River West condo loft units combined present a rare opportunity to own versatile, move-in-ready Live/Work spaces in one of Chicago's most centrally located neighborhoods. Designed for flexibility and functionality, the layout features 4 rooms, huge open layout, kitchenette, two private balconies, and 2 bathrooms. The space is enhanced with hard-wired Ethernet connectivity & keyless entry. Garage parking is also INCLUDED! Situated in the heart of River West, the property offers close proximity to public transportation, I-90/94, downtown Chicago, and nearby retail, dining, and entertainment options. This is an excellent opportunity for both owner-users and investors seeking a strategically located, adaptable asset in a high-demand Chicago corridor.
Courtesy: Baird & Warner
847-724-1855
GREAT LOCATION ACROSS FROM A HUGE OFFICE BILDING. GREAT FOR A SANDWICH SHOP, COFFEE SHOP, OR EVEN DOG GROOMING PLACE. BRING YOUR IMAGINATION AND LET YOUR BUSINESS THRIVE
Courtesy: @properties Christie's International Real Estate
847-797-0200
Rare turnkey mixed-use opportunity with an adjacent paved and gated lot in Chicago's Norwood Park neighborhood. The approximately 1,375-square-foot commercial space features two private offices, a conference room, reception area, bright front lobby/showroom and two washrooms. An attached approximately 1,000-square-foot warehouse/garage includes an industrial-grade epoxy floor and a 10-foot-high by 14-foot-wide overhead door-ideal for storage, service operations, light industrial use or fleet parking. The second floor offers a spacious, well-maintained approximately 1,700-square-foot apartment with two bedrooms and 1.5 baths, providing excellent rental potential or an ideal live-on-site option for an owner-operator. The sale also includes an approximately 3,000-square-foot paved and gated adjacent lot, offering additional parking, outdoor storage, expansion or future redevelopment potential. Delivered fully vacant for immediate occupancy or leasing, with separate entrances, B3-1 zoning and convenient access to I-90 and I-94. Pro forma projections reflect $76,200 in annual gross income and $54,018 in NOI, representing an estimated 6.36 cap rate at the current asking price. Tenants are responsible for gas and electricity. All income and expense figures are estimates; buyer to independently verify financial information, zoning and permitted uses.
Courtesy: Avondale Realty LLC
773-727-7934
Courtesy: Exit Strategy Realty / EMA Management
312-767-0572
If turnkey cash flow is what you need, this solid investment has it! This 8-unit building is fully leased and generates a strong cash flow of $9,350 per month, which amounts to $112,200 annually. The low overhead costs are due to low taxes and tenant-paid utilities. The building features a clean basement with a coin laundry facility. It has been substantially updated and well-maintained, as evident from the pictures. This is a rare opportunity for an investor seeking a reliable and consistent return on investment. The building is located near Western Avenue and offers great workforce housing. It is surrounded by blocks of single-family brick bungalows. This is an ideal investment opportunity for an investor who wants a solid and consistent ROI. The building is investor-owned and professionally managed, making it an easy investment. Unit 8, the corner storefront, is currently leased for $1,500 per month.
Courtesy: HRE Real Estate Services
708-220-7613
Prime Commercial Opportunity with High VisibilityExceptional 3,000 sq. ft. freestanding commercial building situated on a spacious 6,200 sq. ft. lot, offering unmatched flexibility and exposure for your business. Located on a bustling thoroughfare with over 14,000 vehicles passing per day, this property guarantees maximum brand visibility and a steady stream of potential customers. The highly versatile structure features 3 separate entrances and 3 private bathrooms, allowing the space to be easily divided into multiple distinct retail or office storefronts, or utilized as one expansive single unit. Additionally, the property includes a dedicated, private parking lot in the back with space for 8 cars, providing a rare and highly valuable amenity for both your staff and clients. Whether you are an investor looking to maximize rental income with multiple tenants or an owner-user seeking a prominent flagship location, this high-traffic property is ready to accommodate your vision.
Courtesy: eXp Realty
888-574-9405
Fully Renovated 5-Unit Masonry Brick Mixed-Use Building Located on Pilsen's 18th Street Retail Corridor. The property includes (2) 3 bed, 2 bath residential apartments plus (3) built-out commercial units, offering strong in-place income in a prime Chicago neighborhood. The building was gut renovated in 2017-stripped to the floor joists and completely rebuilt, featuring updated interiors throughout. The residential units offer modern kitchens with stainless steel appliances, exposed brick accents, hardwood flooring, and excellent natural light. Current ownership has completed extensive additional capital improvements, including a new coach house roof, parapet wall reconstruction, Hardy board siding, masonry updates, replacement of multiple water heaters, added windows and lighting, a Doorbird entry system, and further updates to the residential units. Ownership also oversaw the buildout of all three commercial spaces and secured a new long-term tenant, Vela Spa. Ideally located near UIC, downtown Chicago, Cinespace Film Studios, and some of Pilsen's most popular restaurants, retail, and entertainment. Easy access to Metra and CTA transit. The property currently generates $155,112 in annual income, providing investors with a turnkey opportunity in one of Chicago's most sought-after mixed-use corridors at an 8.14% cap rate!
Courtesy: Executive Home Realty, Inc.
773-237-8888
Pride of ownership! Immaculately constructed and fully rebuilt in 2017, this stunning 6-unit multi-family Greystone offers exceptional modern living and investment potential. Two of the six units are spacious duplexes located on the first floor of a deep lot, and all units are finished to a condo-grade standard. Extensive renovations completed in 2017 include a new roof, energy-efficient windows, professional tuckpointing, updated concrete work, new HVAC systems, plumbing, electrical, and beautiful hardwood flooring throughout. Each unit features custom-designed kitchens and bathrooms, a wood-framed back deck with durable steel screen doors, and soundproofing between floors for enhanced privacy. The lower levels boast elegant ceramic tile flooring, and every unit has its own utilities conveniently located on the same floor. All units are currently rented, offering immediate income for investors. This property boasts an extraordinary High cap rate-an exceptional return that is rarely seen in today's market. There is significant upside potential as current rents are well below market value, with at least $200 per unit of additional rental income easily achievable. For more information or to schedule a viewing, please call today.
Courtesy: Network Property Managment LLC
708-873-5540
1,600sf Freestanding Building with possible drive-thru on a 16,362sf site located on the southwest corner of 79th St & Hamlin Ave on busy 79th St. Many national and regional users in the area such. The site was a former Midwest title loan. Great visibility which can accommodate many different business types. Ideal for a restaurant user with a possible drive-thru or office space.
Courtesy: eXp Realty
888-574-9405
Fully Renovated 5-Unit Masonry Brick Mixed-Use Building Located on Pilsen's 18th Street Retail Corridor. The property includes (2) 3 bed, 2 bath residential apartments plus (3) built-out commercial units, offering strong in-place income in a prime Chicago neighborhood. The building was gut renovated in 2017-stripped to the floor joists and completely rebuilt, featuring updated interiors throughout. The residential units offer modern kitchens with stainless steel appliances, exposed brick accents, hardwood flooring, and excellent natural light. Current ownership has completed extensive additional capital improvements, including a new coach house roof, parapet wall reconstruction, Hardy board siding, masonry updates, replacement of multiple water heaters, added windows and lighting, a Doorbird entry system, and further updates to the residential units. Ownership also oversaw the buildout of all three commercial spaces and secured a new long-term tenant, Vela Spa. Ideally located near UIC, downtown Chicago, Cinespace Film Studios, and some of Pilsen's most popular restaurants, retail, and entertainment. Easy access to Metra and CTA transit. The property currently generates $155,112 in annual income, providing investors with a turnkey opportunity in one of Chicago's most sought-after mixed-use corridors at an 8.14% cap rate!
Courtesy: Infiniti Properties, Inc.
708-206-3000
Owner is interested in leasing or selling the outstanding owner-user or investment opportunity at 9133 S Commercial Ave in Chicago. This impressive three-story commercial building is currently operating as a furniture showroom and has been extensively updated and maintained in excellent condition. The property offers a highly functional combination of expansive open showroom/floor space, multiple private offices, numerous restrooms, excellent interior lighting, a loading dock, and freight elevators providing efficient access throughout all three levels. The building's flexible layout, with 20ft ceilings and existing infrastructure make it well suited for a wide range of commercial users, including retail/showroom, furniture, wholesale, office, distribution, storage, light industrial, or other permitted uses. The loading capabilities and freight elevators provide additional functionality rarely found in comparable neighborhood commercial properties. 3 floor building with open floor plan on each level. Prominent Commercial Avenue frontage provides strong visibility and convenient access to the surrounding South Chicago market. With substantial usable space, updated improvements, and a turnkey interior, the property presents an excellent opportunity for a business looking to occupy without undertaking a major build-out, as well as an investor seeking a versatile commercial asset.
Courtesy: Charles Rutenberg Realty
630-929-1100
Very large commercial space for rent at 2,500 per month, ideal for nail and/or pedicure salon. Only one side is for rent, boasting 1,457 square feet of space which currently consist of a spa with 8 NEW Nail Stations and 8 Pedicure Chairs included in this rental and a large size customer waiting area. Access to laundry room, bathroom plus employee area makes this space professional and complete. This property offers adequate storage room for supplies, loads of natural light and 11.5 foot high ceilings. 1 Furnace, (less than 7 years old), 1 A/C unit (less than 7 years old), roof (10 years old), electrical and plumbing were updated in 2017. Floor to ceiling large windows in the front accompanied by rolling front shutters offers great security with built-in security system (keyless alarm pads). Monthly rent includes heat and water. Some furnishings along with a washer and dryer are included in the rental. Security deposit is one month's rent. This property has so many great features and space all in a busy business district. The rental is for one side only, 8206 S. Stony Island Ave. The entire property, both sides is also listed for sale, MLS#12557803 and has 1 PIN number. The business, name and/or affiliates itself are not for RENT or SALE, only the building is available for RENT. PROPERTY IS "AS IS". If interested in the purchase of this entire building space, please contact me for additional details.
Courtesy: Ruiz Realty, Inc.
773-767-9470
Position your business for success with this well-maintained 6,700-square-foot industrial building located in the highly desirable Galewood Industrial Corridor. Offering a versatile layout, this property is ideal for manufacturing, warehousing, distribution, fabrication, or other industrial operations. The building features a recently updated office and restroom, newer roof, energy-efficient LED lighting, and ample fenced parking for employees and customers. High ceilings, drive-in access, and flexible industrial space provide the functionality businesses need to operate efficiently. Currently being used as a die casting manufacturing. Conveniently located near major transportation routes and just minutes from the North Austin Center redevelopment, this property benefits from continued investment and neighborhood growth. Whether you're an owner-user seeking a long-term headquarters or an investor looking for a quality industrial asset, this property offers outstanding value and endless potential. Don't miss this opportunity to own a move-in-ready industrial building in one of Chicago's emerging commercial corridors.
Courtesy: Hometown Real Estate Group
773-625-1121
Courtesy: Century 21 Circle
773-465-4200
Income Producing 3-stores building. Prime Northside commercial opportunity in the Sauganash-Forest Glen/Edgebrook area, bordering Lincolnwood Village. High-visibility location on N. Cicero Ave. serves an established and affluent residential trade area, with strong households reporting income. Surrounded by established neighborhoods, families, professional households, retail, restaurants, grocery and service businesses, creating a strong customer base for neighborhood-oriented uses. Conveniently located near I-94/Edens Expressway with easy access to Chicago's North Side, North Shore and surrounding suburbs. CTA #54 Cicero bus service runs along the corridor, while nearby Jefferson Park Transportation Center provides access to the CTA Blue Line, CTA/Pace bus routes and Metra's Union Pacific Northwest Line. Short distance to O'Hare International Airport. Nearby retail includes Whole Foods Market and a variety of restaurants and service businesses. Excellent location for retail, restaurant, office, medical, personal service, or other neighborhood commercial uses. All 3-stores current are leases Year-year with one tenant been there for decades. 2025 Roof.
Courtesy: Sperry Van Ness
312-676-1866
The property presents an attractive value-add investment opportunity in Chicago's Bridgeport neighborhood. The brick building contains six legal units consisting of five two-bedroom/one-bath apartments and one studio, plus two large non-conforming loft-style studio units. The non-conforming units may offer the potential to be duplexed into existing apartments or converted to legal dwelling units under Chicago's expanded ADU ordinance, subject to zoning and municipal approval. A rear brick structure provides additional flexibility and could potentially be converted into a garage, repurposed as an additional ADU or demolished to create a larger parking pad. The property also includes a full basement with shared laundry and tenant storage. With strong cash flow in place and several opportunities to increase the property's legal unit count and long-term value, this property offers investors a compelling combination of immediate income and future upside.
Courtesy: Compass
312-319-1168
Heart of Portage Park area. Park is literally 2 blocks south of the property. Building consists of 2 stores and 4 apartments plus a 3-car detached garage. All apartments have updated kitchens and baths. Stores are a beauty shop on the corner about 1200 square feet leased till May 2028 at $1450. per month. Store to the east about 1100 square feet is an art studio leased till September 2027 at $1125. per month. Both stores are under rented. Stores were at one time combined and served as a large grocery store and can easily be done again. Apartments in front are 5 room 2 bedroom depending on use can be 3 bedroom. rented at $1540. and $1850. Two apartments in the rear are 4 room one bedroom leased for $1105. and $1140. 3 car garage and part of basement are rented to a contractor for $600. per month. Total income $8810 per month or $105720 yearly. Gross multiplier 9.3. Expenses total $30182. Net income $75538. Cap rate of 7.6%. Newly coated roof with silicone newer boiler heating system and hot water tank. Any questions, concerns or comments regarding this listing please contact Norbert Mika. See broker remarks for contact information. Text or email preferred. Do not contact Matthew Mika.
Courtesy: Compass
312-319-1168
Heart of Portage Park area. Park is literally 2 blocks south of the property. Building consists of 2 stores and 4 apartments plus a 3-car detached garage. All apartments have updated kitchens and baths. Stores are a beauty shop on the corner about 1200 square feet leased till May 2028 at $1450. per month. Store to the east about 1100 square feet is an art studio leased till September 2027 at $1125. per month. Both stores are under rented. Stores were at one time combined and served as a large grocery store and can easily be done again. Apartments in front are 5 room 2 bedroom depending on use can be 3 bedroom. rented at $1540. and $1850. Two apartments in the rear are 4 room one bedroom leased for $1105. and $1140. 3 car garage and part of basement are rented to a contractor for $600. per month. Total income $8810 per month or $105720 yearly. Gross multiplier 9.32. Expenses total $30182. Net income $75538. Cap rate of 7.6%. Newly coated roof with silicone newer boiler heating system and hot water tank. Any questions, concerns or comments regarding this listing please contact: Norbert Mika Text or email preferred. Do not contact Matthew Mika. See broker remarks for contact information.
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: 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.
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.
