Welcome to the ultimate blend of business and pleasure! This five-bedroom apartment with a storefront is your ticket to passive income paradise. With five spacious bedrooms, this building offers ample living space for both you and your tenants. Whether you're an entrepreneur looking to expand your portfolio or a savvy investor seeking lucrative opportunities, this property is a golden ticket to financial freedom. Located in a vibrant, growing area, this gem is poised for success. Watch your investment blossom as the neighborhood flourishes, attracting more customers and tenants alike. Don't miss out on this chance to turn your dreams into reality and let passive income pave the way to prosperity!
Spectacular renovated investment building now graces the market, offering an exceptional opportunity to own a modern building that promises to deliver impressive returns. This property includes four beautiful (4) apartments and a huge storefront. This beautifully renovated mixed use brick building has separate central AC, furnaces and water heaters for each unit. There are two 2-bedroom and 1- bathroom apartments and two 3-bedroom and 1- bathroom apartments. The building boasts wood finishes and beautiful exposed brick throughout which make these rentals warm and cozy. Schedule your showing soon!!!
Excellent opportunity to give your business exposure on busy 63rd ST with great traffic count! This property is ideal for a growing business. Commercial space is nearly 2000sqft with a great open layout, 2 baths, and access to backyard. Full unfinished basement for additional storage. 2nd floor is a 3 bed 2 bath apartment ready for your finishing touches. Large backyard with 1 car brick garage. Recent upgrades include: NEWER FURNACE, NEWER PLUMBING, NEWER ROOF. Zoning allows for a variety of businesses. LOW taxes and great rental income is ideal for any small business looking to expand! Schedule your showing before it's gone.
Ravenswood Office Building for lease or sale directly across from the Metra UP-N station. The building is comprised of 47,266 square feet on 29,284 square feet of land and offers 3 to 6 parking spaces onsite. The first floor is made up of 28,047 SF and 2nd is 16,137 SF. There is also 3,248 SF available on a partial 3rd floor. Easy access to public transportation options including two Brown Line CTA stops (Damen & Montrose) and the Metra. Nearby amenities such as Mariano's, Cultivate by Forbidden Root Brewery, The Raven Room, Gold Nugget Pancake House and more.
Awesome Storefront in an awesome Location. Just west of downtown and the west loop. This location in the medical district offers the value of location, location, location. With over 1600 sq ft. of space that can be customized, an additional 1200 sq ft. of basement storage, clear visibility from the street and plenty of street parking, this is the perfect space for many business types.
PERFECT FOR OWNER OPERATOR! $35K INCOME-UP AND GOING BEAUTY SALON INCLUDED WITH SALE OF THIS SOLID BRICK BUILDING FOR ONLY ONE PRICE. FULLY-EQUIPPED SALON ON 1ST FLR., 3 BEDROOM APARTMENT WITH UPDATED KITCHEN & BATH ON 2ND FLR. ADJACENT LOT ALSO INCLUDED. OWNER WILL ALSO SELL AS A PACKAGE W/5145 DIVISION FOR A DISCOUNTED PRICE! OWNER LIQUIDATING PORTFOLIO WHICH INCLUDES 5135 DIVISION & 5256 CHICAGO-FOR SMART OPERATOR
GREAT OPPORTUNITY FOR BUSINESS OWNER/OPERATOR! 1250 SQ. FT. OF RETAIL SPACE ON 1ST FLR. BASEMENT FOR STORAGE. LARGE 3 BEDROOM APARTMENT ON 2ND FLR. WITH UPDATED KITCHEN & BATH. CAN BE PURCHASED TOGETHER WITH '5145 DIVISION' FOR EVEN GREATER SAVINGS! RENTS ARE BELOW MARKET!
This two story mixed use building is ideally situated on a corner lot in the heart of Austin! Building consists of 6 residential apartments and 2 stores and currently generating $75,600. 3-1bed/1 bath and 3-2 bed/2 bath. All are currently occupied. Gross rent multiplier of 6.6!!!
Prime commercial unit for sale! Immediate availability in a high-visibility location, visible from Dan Ryan. Just off the 31st St exit, ideal for retail, service, or office space. Proximity to Chinatown, White Sox Park, Downtown, and IIT make it a strategic investment. Don't miss out on this bustling opportunity!
The property located at 8031-35 S. Drexel Ave. in the Chatham neighborhood of Chicago, Illinois, represents a significant investment opportunity within the real estate market. This 12-unit residential building, fully renovated in 2014, offers a balanced mix of one and two-bedroom units, all benefiting from a subsidy arrangement with the Chicago Housing Authority (CHA). The property is under a 30-year contract with CHA, ensuring stable and secure revenue until at least 2044. Renovation: Full gut renovation in 2014 Units: 12 total 6 one-bedroom/one-bathroom units 6 two-bedroom/one-bathroom units Subsidy: All rents subsidized by CHA Contract: 30-year agreement with CHA, initial term until 2044 Financial Overview Purchase Price: $892,000 Cap Rate: 8.75% Net Operating Income (NOI): $78,067 Gross Rent Multiplier (GRM): 5.79 Investment Highlights Stable Income Stream: The CHA subsidy and long-term contract offer a secure and predictable income, minimizing vacancy risks and financial fluctuations. Favorable Financial Metrics: With a cap rate of 8.75% and a GRM of 5.79, the property presents a compelling investment opportunity, indicating strong income potential relative to the purchase price. 8031-35 S. Drexel Ave. offers a unique and lucrative investment opportunity in the Chatham neighborhood of Chicago. With all rents subsidized by CHA, a favorable unit mix, and solid financial indicators, this property is well-positioned for investors seeking stable returns and long-term capital growth. The recent renovation and ongoing CHA contract further underscore the attractiveness of this investment, promising a blend of immediate income generation and future value appreciation.
**Prime Office Space Available!** Elevate your business with this exceptional property in the heart of Ukrainian Village. Featuring 1500 square feet of Grade A quality space, this office is equipped with 4 spacious rooms including a kitchen and bathroom with shower facilities. Enjoy the convenience of a private foyer entry, central air, washer/ dryer in unit, and ample storage space. With its prime location and versatile layout, this property offers endless possibilities for your business needs. Don't miss out on this opportunity - inquire now!
Great investment store front building in the heart of Belmont-Central area. The building is zoned B3-2 and consists of three individual stores (approx 1250 SF each) within two parcels totalling approximately 3750 SF of building space on a 50x126 lot. 3131 is rented through September 2025 and 3135 & 3137 are leased through December 2028 with interest in future renewals. Please allow 48 hour notice for listing agent to accompany showings.
Clean and updated 7 unit building. Large storefront and 6 apartments. Storefront remodeled a year ago and has newer bathroom and furnace. Six apartments above which are easy to rent. Close to transportation and business. Easy to manage, just hold and collect your rent. Show and sell.
GREAT OPPORTUNITY! 2 unit - mixed use property on the corner lot in Humboldt Park! Needs updating of apartment rental unit of 1500 sq ft. Long standing first floor commercial tenant lease $1350 with two year remaining that would love to stay. Rent is under market because no increases over the last several years. There are many developments by both the city and private investors happening in the immediate area. There are NO city code violations on property. Property being sold "As-Is"
Spacious long time ownership West Ridge Corner building with 11 Apartments and 9 Parking spaces.. Jumbo apartments consisting of 7 -2BDRM 1BTH 3-3 BDRM 1.5 BTH and 1 Studio...Laundry Room with 2 washers and 2 dryers Owned and storage rooms and 9 parking spaces Newer 3 years Rubber roof with Silver coating...Boiler and H2o Tank replaced approx. 8-10 years ...Apts have hardwood flooring under carpet...Updated Back porches... Rents are below market a lot of room for increase.... Parking is included in rent... Sold in as is Condition...Owner retiring... Showings only WEEKDAYS BETWEEN 1-4 pm building is fully occupied... for appointment use Showing Assist Please.
Rarely available opportunity for a live-work space. The building at 3632 N. Western currently features a ground floor medical office, which can easily be adapted to whatever use you need, and a second floor, 2-bedroom, 2-bathroom apartment of 3,783 square feet. The apartment has a full-sized jacuzzi as a bathtub and bidet. Additional features include 2-indoor, heated parking spaces, a sun porch and balcony. The building's AC is new (2021). Newer roof. Situated at the corner of Western and Addison, the building is conveniently close to transportation. Nearby locations include Western Addison Plaza, Lane Tech and Alexander Graham Bell School, Waveland Bowl, Clark (Richard) Park.
Thriving cash flow at this investor's dream in Garfield Park! Exceptionally large 5-unit, all brick building includes 5 updated apartments, with newer kitchens, bathrooms, windows, plumbing, and electrical. Each unit is supplied with appliances, W/D, water heater, and furnace. There are two 4-Bed/2-bath apartments, showcasing vintage fireplace charm, a sunroom with an open southern view, and additional living space/closets throughout. Two apartments (1-bed/1-bath, 2-bed/1.5-bath) share the 3rd floor and were also recently updated, with newer utilities, appliances, and washer/dryer. The legal garden unit (1 bed/1 bath) off the front entranceway was rehabbed as well and is a solid income earner. All-brick two-car garage in back. Sold AS-IS. Great location for long/short term tenants-Steps from the Pulaski Blue-line, 290, and Garfield Park.
Great building, Prime Location, suitable for a variety of business, property has had many updates in recent years. Electrical and Garage Doors (2019), Roof & Gutters (2021), parking space for 10 to 12 cars in back of building, great exposure with tons of potential, near Midway Airport and I-55. Please allow 24hr for Showings.
Great retail space now available in the Galewood/Oak Park North Ave business corridor. This property is being sold AS IS. Approximately 1800 square feet of space that is ready for your custom retail buildout. There is convenient customer parking in back lot that comes with the sale. Good location next to Serrelli's Finer Foods and across from Wonder Works Children's Museum and just one block up the street from the new Urban Lofts apartment complex.
Impeccable all brick, 2019 build, 12 unit apartment building in Lincoln Park. Built by an experienced builder with over 30 years experience building in the Chicagoland area. Built as a condo building, this property was finished to the highest quality, including quartz counters, stainless appliances, fire places, in-unit washer/dryer, garage parking and rooftop decks. Fantastic rental units, never vacant. Turn key property. The seller has never allowed pets, so the units have stayed in fantastic condition. // $586,500 Gross Yearly Rental Income // 5.63% CAP Rate // Upside Potential Bringing Rents to Market Rates (Number of long term tenants)
A must see commercial property. Great use for all kinds of professional office use, Insurance, Brokerage, Medical user, Doctor/Dentist, Photo Studio, Architect or Retail Business. Also great use for Contractors, Electricians, Plumbers. Good Size Warehouse w/12' overhead garage door & Gated truck/car parking. Don't miss out on this great deal in great location.
A prime commercial storefront is now available for sale in the bustling heart of Chicago's vibrant Chinatown. Situated in a high visibility area, this property offers an ideal location for various businesses such as offices, shops, or clinics. Its proximity to all major transportation hubs and highways ensures easy accessibility for both customers and employees. With countless restaurants, shops, and public transportation options nearby, the storefront is conveniently nestled within the pulse of the city. Additionally, for added convenience, parking is available for sale separately, making this an exceptional opportunity for entrepreneurs seeking a strategic location in one of Chicago's most dynamic neighborhoods. PLEASE DO NOT disturb the tenant, thanks!
This one of a kind mixed-use property is back on the market after being completely owner-used for 26 years. It consists of a commercial space on the first floor with access to the unfinished basement including washer and and recently purchased dryer. The commercial space is comprised of a large window display storefront, reception area, conference/training room and 4 offices, two 1/2 bathrooms, and a kitchenette. The second floor is a 2- bedroom plus den, 1 bathroom apartment with a lovely mantel, hardwood floors throughout and designated dining room. The unit has two separate entry-ways with one leading to the rooftop, which has potential to add a deck. There is an additional non-conforming attached two-story coach-house which consists of two separate living spaces, full kitchen, 1 bedroom and 1 bath. The charm of this property lies in its potential. The owner has made major upgrades to the mechanical components of the property like the roof, electrical, rehab of the coach house. With such an stellar location, a light facelift would offer an opportunity to add significant value. The busy Clark-Devon intersection is full of shops, restaurants, and convenience right at the doorstep. It is minutes away from Loyola University, the lakefront, the Andersonville Shopping Strip and more! The property will be completely vacant at the time of closing. The owner is selling "AS-IS".
Stunning seven unit property in the heart of historic Lincoln Park. Unit count consists of six one bedroom apartments and one studio. Recent improvements include adding central heat/air, renovating kitchens and baths in five of the apartments, and improving the common area hallways. Three parking spaces in the rear for additional revenue as well as coin laundry. Professional management in place and can be transferred to new buyer. Sales packet with more information available upon request. Current rent roll of $11,750 with room to easily push past $13k by end of 2024.
Incredible opportunity to either tear down or remodel 6 a 6 unit condo deconversion in Hot Logan Square. New construction all around it. Possibility to add additional dwelling units on adjacent parking area. Great air bnb candidate. Newer porch but property has been vacant for several years so will need a full renovation. Owners can get creative with financing. All 2 bedroom units. Great value add opportunity. Show and sell!
Chicago is located in Illinois. Chicago, Illinois has a population of 2,722,586. Chicago is less family-centric than the surrounding county with 27.56% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Chicago, Illinois is $52,497. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Chicago is 34.1 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 38.2 inches per year, with 37.1 inches of snow per year.