Courtesy: Keller Williams ONEChicago
312-216-2422
Pleased to present the multifamily property and land parcel located at 6919-25 S. Yale Ave. in the vibrant Greater Grand Cross neighborhood of Chicago. This investment opportunity, located in Chicago's growing Greater Grand Crossing neighborhood, consists of a six-unit multifamily property and an additional 4,389 square foot land parcel, both offered at a competitive price of $550,000. The multifamily property comprises (2) three-bedroom, one-bathroom units and (4) two-bedroom, one-bathroom units, providing a diverse mix that appeals to families and professionals alike. The current net operating income (NOI) is $55,505, generating a robust cap rate of 10.09%. With potential value-add improvements and rent increases, the pro forma NOI is projected to reach $62,715 increasing the cap rate to a strong 11.40%. The property benefits from its location in Greater Grand Crossing, a neighborhood experiencing revitalization and increased demand for rental housing. With close proximity to public transportation, schools, parks, and local amenities, it offers tenants a desirable living environment while ensuring high occupancy and stable rental income for investors. The larger units cater to families seeking spacious accommodations, which can result in longer-term tenancy and reduced turnover. One of the standout features of this investment is the included 4,389 square foot land parcel, which provides additional flexibility and growth potential. Investors can explore various development options, such as constructing additional residential units, creating parking or green space, or pursuing commercial development, depending on zoning and market demand. This land parcel adds substantial long-term value to the investment, offering opportunities for further income generation or capital appreciation through development. The current cap rate of 10.09% offers immediate cash flow, and with strategic management, the property's income can be further enhanced. Rent increases, unit upgrades, and operational improvements can drive up the NOI, boosting profitability and return on investment. Additionally, the property's location in a growing neighborhood positions it for future appreciation as the area continues to develop. In summary, this investment opportunity offers a combination of immediate income, value-add potential, and development upside with the included land parcel. At a purchase price of $550,000, the property is attractively priced for investors seeking strong returns, stable cash flow, and long-term growth potential. With the potential to increase rents, enhance property value, and capitalize on the land's development possibilities, 6919 - 25 S. Yale Ave. presents a highly compelling opportunity in Chicago's evolving multifamily market.
Courtesy: Century 21 Realty Associates
312-428-9123
Ground Floor... NEW COMMERCIAL CONDO for sale in prime Lakeview location..1,119 SF...1 car parking garage space included. Great street exposure on Halsted. The layout consists of a front reception with an open area and an enclosed room. There is a single bathroom and utility closet in the rear. Close to public transportation, Walgreens, and FedEx. Great office, retail or fitness location for major street exposure. Immediate area is affluent with high pedestrian traffic. Nearby retailers include Dom's Kitchen & Market (1 block away), Trader Joes' Home Depot, TJ Maxx and Target.
Courtesy: Jameson Sotheby's Intl Realty
312-751-0300
Investment opportunity! Brick 6-unit building close to Chicago State University. Nicely updated 3 bed/1 bath units. Enclosed yard with front gate intercom. Kitchens includes fridge, range, microwave, and dishwasher. Furnace/water heater in each unit. Common laundry. 4-car garage. Easy access to shopping, public tran, parks, and the lake!
Courtesy: Strauss Realty Ltd
773-736-3600
Exceptional Investment Opportunity in Ravenswood! This expansive 44,900 SF office building complex is ideally situated directly across from the Ravenswood Metra Station. Currently, there is a 6.5% vacancy rate with 3,070 SF of office space available for lease. The property features four contiguous buildings on a 29,284 SF lot, with a ground level of 26,050 SF and a second level of 15,874 SF. The third floor boasts a 2,976 SF conference room, complete with bathrooms and a rooftop deck. An elevator services the first and second floors. Onsite parking includes a 40'x35' lot, accommodating 3 to 6 vehicles. Current tenants include Nemera (lease expiring July 2030 with a 5-year renewal option) and Cosmodent (lease expiring March 2027 without renewal option). Enjoy convenient access to public transportation, including Ravenswood Metra and two Brown Line CTA stops at Damen & Montrose. Nearby amenities include Mariano's, LA Fitness, and Starbucks. Rent roll and expenses available upon request.
Courtesy: Baird & Warner
708-460-1400
13,130 square foot RBA industrial property with a total of 9 buildings including a 2 flat, office and 2 apartments, 2 car garage and an apartment, 5 warehouses with one warehouse including an apartment, 2 car garage with yard space, 2 car garage and in addition 16 storage spaces including 10 containers and 6 storage bins. Property has a coal trestle that can be disassembled and moved to a new location or sold to another user. Updated lighting includes energy efficient LED. Truck scale conveys with the property. Radiant heat flooring in rear building. All leases are MTM which allows the flexibility for the new owner to suit his business needs. Great opportunity that doesn't come along very often.
Courtesy: Baird & Warner
708-491-4155
This value-add historic bar/restaurant property at the high-traffic Wabash and Roosevelt intersection offers significant potential with air rights and DX-7 zoning. LARGE price correction was made to bring all considerable offers to the table. Located in the vibrant South Loop/Museum Campus area, it's within walking distance to Grant Park, Soldier Field, museums, and Millennium Park's iconic "Bean." The location is easily accessible, with an L stop one block away and grocery stores (Jewel-Osco, Trader Joe's) across the street. Formerly the "Wabash Tap" and Koko Taylor's blues club, the 4,275 SF ground floor features a second-generation bar/restaurant space with substantial infrastructure for a new operator. The upper floors can be converted into apartments or office space. Zoned DX-7, the property allows for up to +/- 30,000 buildable SF, with potential for residential, mixed-use, hotel, office, or retail/restaurant development. Situated in a Transit-Oriented Development (TOD) area, it benefits from reduced parking requirements and is just one block from the Roosevelt CTA station, which serves 3.8 million riders annually. The property is available for sale, with ground floor and upper floors also available for your ideas to begin work on immediately. Contact today before its gone!
Courtesy: Keller Williams Preferred Rlty
708-798-1111
Great location for a mixed/use, storefront in the city's North Park area. Check out this maintained commercial space offers a business space and an apartment with 1 bed 1 bath for. Basement is ideal for extra storage. Property being sold AS-IS. Schedule your showing today!
Courtesy: Fulton Grace Realty
773-698-6648
This mixed-use property offers a fantastic investment opportunity, featuring a retail space on the first floor and a spacious 4-bedroom, 2-bath apartment on the upper level. Situated on a corner lot, this property also includes a detached garage. While the building requires renovation, it's the perfect canvas to bring your vision to life, whether you're starting a new business or customizing the residential space. With floor plans attached, this property offers flexibility and endless potential. Don't miss the chance to turn this space into something remarkable!
Courtesy: Century 21 S.G.R., Inc.
312-326-3697
We are proud to present a premier retail space investment opportunity located at the prestigious 110 E Delaware Place in Chicago, home to a luxury clothing retailer. Situated in the heart of Chicago's upscale retail corridor, surrounded by high-end shops, restaurants, and cultural landmarks. This high-traffic area attracts affluent clientele, enhancing the tenant's business performance and ensuring a stable investment environment. This opportunity offers an excellent combination of a prime location, a long-standing tenant demonstrating significant commitment to the location having invested high-quality retail improvements in two major updates over the course of the initial lease term, making it an ideal acquisition for discerning investors looking to diversify or expand their portfolio with a premium asset in one of Chicago's most sought-after shopping districts. We are offering this investment making it an attractive opportunity for investors seeking long-term financial growth.
Courtesy: The Wilcox Company
773-583-0800
9300 SF flex / retail building for sale or lease. 12,500 SF land. Clear height 11' & 16'. 2 DIDs - drive-thru capability. 220 amps power. 3200 SF parking in rear fenced lot. Boiler and forced air heat. Air conditioned office. Very good condition. C1-1 zoning. 39th Ward / Ald. Nugent. Mayfair neighborhood. Very close to Edens and Kennedy Expressways. NORTH SECTION: 1,300 sf cooler with trench drains. Curb cut on Elston. Clear span - bow truss construction. 16' clear height. 1870 sf mezzanine (not included in building sf) with finished offices. Floor drains. Sprinkler system. 2 restrooms including 1 in office. SOUTH SECTION: 840 sf freezer. 11' clear height. Kitchenette and restroom.
Courtesy: Jameson Commercial
312-216-8000
Introducing an exclusive opportunity located at 1533-1537 North Wieland St in Chicago's vibrant Old Town neighborhood. This impressive 10,740 SF multi-family building, fully renovated in January 2023 and originally built in 1968, stands prominently near the intersection of N Wieland St and W North Ave. The property features a total of 20 units across five stories, offering a mix of 8 studio apartments with one bathroom each and 12 one-bedroom apartments with one bathroom each. Each unit at 1533-1537 North Wieland St boasts modern amenities including stainless steel appliances, dishwashers, and elegantly tiled bathrooms. Central heating and air conditioning ensure year-round comfort, while the convenience of in-unit laundry adds to the appeal for tenants. Residents benefit from proximity to the Sedgwick Brown Line CTA stop, providing easy access to transportation. Garage parking is available on-site, further enhancing convenience for tenants. This fully renovated property presents an attractive investment opportunity, positioned for strong returns with its desirable location and modern amenities.
Courtesy: Americorp, Ltd
773-585-5385
Well-maintained 6-unit multi-family property, located in Chicago's desirable Clearing neighborhood. The building features a mix of three 2-bedroom/1-bath and three 1-bedroom/1-bath units, occupied by long-term tenants paying under market rates. The property includes five parking spaces behind the building and coin-operated laundry. Situated in Clearing, a quiet and friendly area known for its proximity to Midway Airport, major highways, parks, and schools, this location ensures steady tenant demand. At the asking price and with rents adjusted to market levels, the property will generate over a 7% cap rate without the need for improvements. Offering Memorandum available upon request.
Courtesy: MoHall Commerical & Urban Development
312-826-9925
MoHall Commercial proudly presents an unparalleled opportunity to own a piece of Chicago's storied Bronzeville neighborhood, an area undergoing a transformative renaissance. This is an extraordinary chance to purchase a historic landmark in the heart of Chicago's burgeoning Bronzeville neighborhood, an area at the forefront of urban revitalization and growth. Built in 1922 as the South Side Trust and Savings Bank, this iconic 20,171 square foot building showcases stunning Classical Revival architecture by renowned architect Albert A. Schwartz, featuring limestone facades, grand Corinthian columns, and intricate architectural details that make this a standout property for any visionary developer. The property's B1-1 zoning allows for a wide array of potential uses, including mixed-use development, retail, office space, or even a residential conversion. Situated on a highly visible corner lot, the building benefits from dual street frontage, offering exceptional exposure to both vehicle and foot traffic. The property is further enhanced by two adjacent parking lots, providing significant value for future commercial tenants or customers seeking convenience. The strategic location and flexibility of this property make it ideal for developers looking to capitalize on the ongoing transformation of Bronzeville. Bronzeville, historically significant and culturally rich, is undergoing a resurgence driven by major public and private investments, including the Bronzeville Lakefront megadevelopment just minutes away. This major project will bring an influx of new residential units, retail spaces, and life sciences facilities, cementing the area as a hub for innovation and growth. The property is also close to several cultural landmarks, including the DuSable Museum of African American History and the forthcoming Obama Presidential Center, ensuring that this location will continue to benefit from increasing foot traffic, tourism, and community investment. The area is home to thriving businesses, restaurants, and retail, and developers will appreciate its proximity to major transportation routes. The property is easily accessible via CTA bus routes, the Green Line station, and is a short drive from Lake Shore Drive, I-90/94, and I-55, making travel to and from downtown Chicago and the surrounding areas seamless. In addition, the proximity to the University of Chicago and the Medical District positions the property at the intersection of education, healthcare, and business, making it an attractive location for a wide range of potential tenants or buyers. For developers, this site offers limitless possibilities. Whether you envision creating a mixed-use hub, a luxury residential conversion, or a corporate office space, 4659 S Cottage Grove Ave stands ready for a transformative project that will add value to the already flourishing Bronzeville neighborhood. As the Bronzeville area continues to see heightened development and economic activity, the opportunity to own a historic, well-located property like this is truly rare. Take advantage of this opportunity to shape the future of Bronzeville. With its historic charm, prime location, and proximity to major investments and cultural landmarks, 4659 S Cottage Grove Avenue is poised for its next chapter.
Courtesy: MoHall Commerical & Urban Development
312-826-9925
Proudly presenting an unparalleled opportunity to own a piece of Chicago's storied Bronzeville neighborhood, an area undergoing a transformative renaissance. This is an extraordinary chance to purchase a historic landmark in the heart of Chicago's burgeoning Bronzeville neighborhood, an area at the forefront of urban revitalization and growth. Built in 1922 as the South Side Trust and Savings Bank, this iconic 20,171 square foot building showcases stunning Classical Revival architecture by renowned architect Albert A. Schwartz, featuring limestone facades, grand Corinthian columns, and intricate architectural details that make this a standout property for any visionary developer. The property's B1-1 zoning allows for a wide array of potential uses, including mixed-use development, retail, office space, or even a residential conversion. Situated on a highly visible corner lot, the building benefits from dual street frontage, offering exceptional exposure to both vehicle and foot traffic. The property is further enhanced by two adjacent parking lots, providing significant value for future commercial tenants or customers seeking convenience. The strategic location and flexibility of this property make it ideal for developers looking to capitalize on the ongoing transformation of Bronzeville. Bronzeville, historically significant and culturally rich, is undergoing a resurgence driven by major public and private investments, including the Bronzeville Lakefront megadevelopment just minutes away. This major project will bring an influx of new residential units, retail spaces, and life sciences facilities, cementing the area as a hub for innovation and growth. The property is also close to several cultural landmarks, including the DuSable Museum of African American History and the forthcoming Obama Presidential Center, ensuring that this location will continue to benefit from increasing foot traffic, tourism, and community investment. The area is home to thriving businesses, restaurants, and retail, and developers will appreciate its proximity to major transportation routes. The property is easily accessible via CTA bus routes, the Green Line station, and is a short drive from Lake Shore Drive, I-90/94, and I-55, making travel to and from downtown Chicago and the surrounding areas seamless. In addition, the proximity to the University of Chicago and the Medical District positions the property at the intersection of education, healthcare, and business, making it an attractive location for a wide range of potential tenants or buyers. For developers, this site offers limitless possibilities. Whether you envision creating a mixed-use hub, a luxury residential conversion, or a corporate office space, 4659 S Cottage Grove Ave stands ready for a transformative project that will add value to the already flourishing Bronzeville neighborhood. As the Bronzeville area continues to see heightened development and economic activity, the opportunity to own a historic, well-located property like this is truly rare. Take advantage of this opportunity to shape the future of Bronzeville. With its historic charm, prime location, and proximity to major investments and cultural landmarks, 4659 S Cottage Grove Avenue is poised for its next chapter.
Courtesy: Vision Real Estate II Inc
312-880-8543
Looking for an established medical office space? Look no further than this location. Would you like to avoid renegotiating your lease every few years or interested in creating an additional revenue stream for your medical business? The solution is within these walls. The 2,500 square feet on the first floor is currently used for a medical and dental business with meeting rooms. A savvy entrepreneur can use the additional 5,000 square feet for multiple purposes. Here is an exceptional opportunity to own a good building with maximum visibility on a main street, ensuring a steady flow of foot traffic and potential customers. The building is suitable for a variety of businesses, including retail outlets, offices or service-based establishments. Situated with easy access to Interstate 94. Sold As-Is and includes dental equipment.
Courtesy: Cagan's Realty, Inc.
847-324-8966
This beautifully maintained built in 2008 brick 8-unit mixed-use building is located in the vibrant Avondale neighborhood of Chicago, with easy access to the expressway and CTA Blue Line. The property includes six expansive, full-floor 3-bed/2-bath apartments, each about 2,000 SF, featuring high-end finishes like fireplaces, granite countertops, stainless steel appliances, and private balconies. Two retail spaces are leased to established medical tenants with long-term leases, providing stable income. Fully occupied, the building offers opportunities to raise rents with many long term below market tenants and add rooftop decks with downtown skyline views. Additional amenities include indoor parking for six cars and an elevator. An excellent investment opportunity.
Courtesy: Prodan Realty Inc
773-273-9208
Introducing an exceptional turn-key investment opportunity in the heart of the highly desirable Peterson Park Neighborhood. This new construction 8-unit rental property is fully occupied, making it the ideal choice for 1031 exchanges. Each of the spacious 1,800 sq. ft. units features 3 bedrooms and 2 bathrooms, offering a luxurious living experience with condo-quality finishes throughout. Designed with meticulous attention to detail, these rental units feature an open-concept layout, highlighted by a magnificent kitchen featuring a large 10ft island, sleek quartz countertops, and a premium stainless steel appliance package. Custom cabinetry and a beautifully tiled backsplash add an extra touch of elegance to this culinary haven. Retreat to the spacious primary bedroom, complete with a generous walk-in closet and an ensuite bath with heated floors that exudes sophistication. Refresh in the double vanity and unwind in the walk-in rainfall shower, enhanced by a glass enclosure for a spa-like experience. Each unit offers an oversized private walk-out balcony, and access to the common area rooftop deck space perfect for enjoying outdoor living. With low maintenance and operational costs, this property represents a rare and outstanding investment in a family-friendly community. Don't miss the opportunity to own this turn-key asset designed for long-term profitability and growth
Courtesy: eXp Realty, LLC
888-574-9405
Excellent investment opportunity in the Greater Grand Crossing / Park Manor area. Mixed Residential and Commercial building consisting of 3 Commercial spaces and 7 residential units. The residential unit mix is (2) 3 bedroom units and (5) 2 bedroom units. The commercial unit mix is currently an occupied church, occupied restaurant and an occupied not for profit organization. The church has been there for 5 years and is considered a building hub and staple to the community. There are 6 residential units fully occupied and 1 unit recently renovated and soon to be occupied. There are individual furnaces (7 yrs old), water heaters and electrical panels for all commercial and residential units and 3 AC units for the commercial spaces. The roof was re-coated 3 years ago and the porches and electrical were upgraded to City of Chicago building code 3 years ago The building has 3 separate PIN numbers and is currently cash flowing with potential growth. There is an 18,070 square foot lot adjacent to the building that can be negotiated and included in this deal. Awesome investment for the seasoned investor looking to grow their portfolio.
Courtesy: Century 21 Circle
708-424-1199
2 Storefronts in Archer Heights on busy Archer Avenue!! Newer Furnace. Circuit Breakers. Parking in the rear approximately 15 parking spots. Zoned C2-1. Property is currently being rented as a gym, workout center. Buildings are not for rent! Buildings to be sold together. 2 separate pin numbers. Please Do Not Disturb the tenants!! Properties 4881 and 4883 S Archer Ave.
Courtesy: Baird & Warner
773-697-5555
Courtesy: Strauss Realty Ltd
773-736-3600
Jefferson Park User/Investment Opportunity! Partial 2-story multi-tenant industrial building for sale... 80% of property is occupied. Building is 41,432 SF on 24,436 SF of Land. 2 interior recessed docks and 2 drive-in doors. Fully sprinklered. NEW LED lights, windows, bathrooms and roof. New electric service fully distributed within the space. Skylights throughout. Freight elevator located across from loading. 24/7/365 access to building, controlled by Brivo. Onsite parking and abundance of street parking. M1-1 zoning allows for a wide variety of tenant uses. Located 0.5 miles from CTA & Metra. Located 0.5 miles from I-90 & I-94.
Courtesy: Chicagoland Brokers Inc.
773-745-1000
Mixed use property grocery store in front apartment building in the back
Courtesy: Equity Market Realty Inc.
773-743-7700
Exceptional opportunity to own an investment property in the heart of the International market in Devon. Most desirable business area in Chicago. an incredible amount of foot traffic and high visibility this investment property offers a great investment opportunity. To own an investment property in the Devon area is a great future value. Very motivated seller willing to hear any offers.
Courtesy: 312Homes INC
773-217-8555
This is a fantastic opportunity to acquire a substantial 4000 sqft commercial building, currently utilized as a dental office. The property is thoughtfully divided, featuring two baths and over six office spaces, providing ample room for various professional services. Parking is conveniently available on the side of the building, along with a one-car garage. Additionally, the property boasts a one-bedroom, one-bathroom apartment attached to the commercial space, offering the potential for on-site living. The building also includes an unfinished basement, providing extra storage space or the potential for future expansion. This versatile space is well-suited for a variety of commercial uses, making it an exceptional investment opportunity.
Courtesy: Strauss Realty Ltd
773-736-3600
Avondale - 12,000 SF total two-story timber loft building for sale. 6,000 SF per floor for warehouse, office, flex or creative use. Located on busy Belmont Avenue (20,100 vehicles per day) with new construction building adjacent. 12' clear ceiling height and 1 drive-in door. Wet sprinklers. There is approx. 1,400 SF of outdoor space/ parking for 4/5 cars. Tons of natural light in the space. Area tenants include Chicago Strength Gym, The Avondale Tap, Sleeping Village, Dunkin, Shell, Walgreens and more. Close proximity to I-90 (5 minute drive) and the Belmont Blue Line (10 minute walk).
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.
