Courtesy: Keller Williams ONEChicago
312-216-2422
Solid mixed-use opportunity in the heart of Chicago Lawn featuring a 2-story brick building with strong income potential and excellent exposure along busy South Western Avenue with high traffic counts. The main level offers a cash-flowing commercial space currently operating as a barber/salon, featuring an open layout, 1 bath, and access to the backyard-ideal for a growing business or continued tenant use. A full unfinished basement provides additional storage and operational flexibility. Upstairs, you'll find a spacious 3-bedroom, 2-bath residential unit, perfect for owner-occupancy or additional rental income. The residential unit benefits from CHA-backed income, offering consistent and reliable cash flow. The property also includes a large backyard and 2-car brick garage, adding convenience, tenant appeal, and overall value. Perfect for investors seeking stable returns or entrepreneurs looking to operate their business while building equity, this property offers flexible use-live upstairs and run your business below, or lease both units for maximum income. Located in a high-visibility corridor with strong neighborhood demand, this is a hybrid investment opportunity combining commercial income with residential stability.
Courtesy: A & G Realty Inc.
708-777-1124
Thinking about starting a business or expanding it? You can make this hidden gem from an office setting, to standard store front to a party venue to starting your practice to a warehouse to whatever zoning permits. The time is now! It is a two bathroom 2575 SQFT. It is a well kept commercial building on a heavily transit street. It is Ready for you to put the finishing touches with your layout the way you dreamed! Ceiling heights are estimates
Courtesy: Urban Abodes Chicago
773-676-9000
AMAZING INVESTMENT OPPORTUNITY IN THE HEART OF UKRAINIAN VILLAGE ON HISTORIC CHICAGO AVENUE! BUILDING CONSISTS OF 6 UNITS; 5 TWO BEDROOM, ONE BATH UNITS AND THE GROUND FLOOR COMMERCIAL SPACE. ALL UNITS HAVE BEEN UPDATED WITH CENTRAL AIR, GAS FORCED AIR HEATING, MODERN KITCHENS WITH DISHWASHERS, OPEN LIVING/DINING ROOMS, SPACIOUS BEDROOMS, GOOD CLOSET AND STORAGE SPACE, UPDATED BATHROOMS, OUTDOOR PARKING, TOO! THE GROUND FLOOR COMMERCIAL SPACE IS IDEAL FOR AN OFFICE OR RETAIL.
Courtesy: Gil & Gil Group Corp.
773-457-6502
This versatile commercial condo offers excellent visibility on a high-traffic main street, providing ideal exposure for any type of business. Featuring an open layout, the space is a blank canvas with great potential to suit a variety of business concepts-perfect for an office, retail shop, studio, or service-based business. Don't miss this opportunity to establish your brand in a prime, accessible location!
Courtesy: Triton Realty Group LLC
312-788-9379
Legal 9-unit brick multifamily building in the heart of vibrant Logan Square, one of Chicago's most sought-after neighborhoods. This property offers a compelling blend of stabilized income and value-add potential, making it an ideal acquisition for savvy investors. With eight fully rehabbed units generating strong current performance and a ninth unit ready for redevelopment, the building positions the next owner for immediate cash flow and future upside. The building is comprised of (2) 3-bedroom / 1-bathroom apartments and (6) 2- bedroom/ 1-bathroom and has been maintained by professional management. The eight existing units were rehabbed in 2018, boasting modern finishes such as white shaker-style cabinets, quartz countertops, stainless steel appliances, gleaming hardwood floors, and updated bathrooms, while the ninth unit presents a blank canvas for renovation to match the others and boost rental income. Building located in ADU zone and has basement space for 10th unit as well.
Courtesy: @properties Christie's International Real Estate
773-472-0200
GREAT DEVELOPMENT OR CONVERSION OPPORTUNITY IN ANDERSONVILLE ON AN OVERSIZED LOT! THREE STORY MIXED-USE BRICK AND CONCRETE 12,200 SF LOFT-LIKE BUILDING WITH LARGE FREIGHT ELEVATOR. FULL BASEMENT WITH 8' CEILINGS. UPPER FLOORS HAVE UPWARDS OF 13' CEILINGS AND STAIR ACCESS TO THE ROOF. SIDE DRIVE LEADS TO 8+ OUTDOOR CAR PARKING AND A 4 CAR GARAGE. CURRENT C2-2 ZONING ALLOWS FOR 11 DU'S ON THE UPPER FLOORS AND COMMERCIAL UNITS ON THE FIRST FLOOR. THE F.A.R. ALLOWS FOR A MAX INTERIOR SQUARE FOOTAGE OF 24,200 SF AND A BUILDING HEIGHT OF 50'. THE PROPERTY IS IDEALLY SUITED FOR A CREATIVE INVESTOR, DEVELOPER OR END-USER. THE BUILDING IS VACANT AND IS BEING SOLD "AS-IS".
Courtesy: Compass
773-598-7388
1337 W. Walton Street, a newly constructed five-unit multifamily asset prominently situated just off Chicago Avenue in one of the city's most sought- after residential markets. The Property offers a diverse and attractive unit mix comprising one (1) 1 Bed / 1 Bath, one (1) 2 Bed / 1 Bath, two (2) 3 Bed / 2 Bath Duplexes, and one (1) 4 Bed / 2 Bath Duplex. All utilities are separately metered and paid directly by tenants, providing a lean expense structure and predictable cash flow for ownership. Each residence is finished to a condominium-quality standard featuring hardwood flooring, stainless steel appliances, quartz countertops, modern white cabinetry, tiled bathrooms, private rear decks, and in-unit laundry. Built to the highest modern standard, the Property features separately metered 100-amp electrical service per unit, individual high-efficiency furnaces, tankless water heaters, copper plumbing, high-performance windows, and a new roof - delivering an essentially maintenance-free asset with no near-term capital requirements and a long runway before any meaningful reinvestment is needed. With spacious floor plans, brand-new finishes, and rents that remain meaningfully below market, 1337 W. Walton Street offers investors a rare combination of day-one cash flow and compelling upside through a measured rent growth strategy. Underpinned by strong neighborhood fundamentals, light operating expenses, and a truly turnkey physical plant, this offering represents an exceptional opportunity for an investor seeking long-term stability and durable value creation in Chicago's Noble Square neighborhood.
Courtesy: Kale Realty
312-939-5253
Professionally designed street level office space. This is a fantastic opportunity to purchase a MOVE-IN-READY medical spa or to reimagine the space for your venture - Medical/Dental Practice, Health/Fitness, Service/Misc. The space includes a beautiful reception and client waiting area, 4 private exam rooms (2 with sinks), a semi private business office, bathroom, kitchenette, and a utility/storage area with washer and dryer. This commercial condo has great ground floor visibility on a busy street in the Lakeview neighborhood.
Courtesy: RE/MAX LOYALTY
773-772-6969
This versatile property offers a functional layout suitable for a variety of business uses. Located on a well-trafficked street with strong visibility and easy access to public transportation and major roadways. Ideal for retail, office, or service-based businesses seeking a convenient South Side location.
Courtesy: RE/MAX LOYALTY
773-772-6969
This versatile property offers a functional layout suitable for a variety of business uses. Located on a well-trafficked street with strong visibility and easy access to public transportation and major roadways. Ideal for retail, office, or service-based businesses seeking a convenient South Side location.
Courtesy: Avenue 1 Realty Group
773-622-4663
Turnkey 9-unit mixed-use property in one of Chicago's strongest rental markets of Bridgeport!. Excellent unit mix: three (3) 2BD/1BA, four (4) 1BD/1BA, and two (2) retail storefronts. The 3222 storefront and 1R unit are currently combined and leased to one tenant, easily converted back to separate spaces if desired. Each unit separately metered for gas and electric. Heating includes a mix of furnaces and Williams heaters; commercial units and 2F have furnaces with A/C condensers. Major capital improvements include full gut rehab of Unit 2F with all new plumbing, electrical, and HVAC, storefront cosmetic updates (2024), two new furnaces (2024), new water heaters, copper plumbing in select areas, electrical upgrades, and new basement coin laundry (2 washers/2 dryers). Located just off I-55 & I-90/94, minutes from Downtown, and walking distance to Guaranteed Rate Field and public transit. Strong rental history, updated systems, and minimal deferred maintenance make this an ideal turnkey addition to any investment portfolio.**Investor Upside: Add a concrete parking pad in the rear (gate already in place) and generate additional parking income, install furnaces and A/C in remaining units, add a doorbell/buzzer system for convenience and security, and raise all rents to market levels-current rents are below market.
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.
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.
