Courtesy: Legacy Brokers Group LLC
708-836-6282
This exceptional two-unit building is on the market in the vibrant Stony Island/Burnside TIF District, offering an unbeatable combination of location, versatility, and potential. Strategically positioned near the bustling Stony Island Avenue thoroughfare, the property enjoys excellent visibility and accessibility. Boasting approximately 3,000 square feet of adaptable space, this building presents a wealth of possibilities. Currently configured as a medical office, it can easily be repurposed for various uses, including retail space, a drive-thru restaurant, a co-working hub, an educational center, a wellness spa, or a venue. Each unit features its own private entrance, providing flexibility and convenience for tenants. Unit 1 has a vehicle drop-off area, a waiting room, multiple rooms, a private office, a kitchen, and two bathrooms. Unit 2 offers direct frontage on 87th Street and includes a reception area, a spacious open workspace, private offices, and a full bathroom. The property provides ample parking, ensuring easy access for patrons and staff. Its prime corner lot location guarantees high visibility, attracting potential clients and tenants.
Courtesy: Alec Realty Group, LLC
708-267-5519
Courtesy: Re/Max Cityview
773-631-8260
Prime Commercial Investment Opportunity in Portage Park! Exceptional corner property featuring two PINs and three leased commercial units along busy Irving Park Road. Well-maintained building with separate utilities: each unit has its own furnace, central air conditioning, and electrical panel. Additional storage in rear lower level of corner unit. Roof sealant applied every 5 years. Private rear parking lot with 9 spaces-a rare find in this area. Corner unit is in excellent condition; the other two units are in good condition. High visibility with 17,400 vehicles per day (per IDOT), offering strong signage exposure and long-term investment appeal. Located in a high-traffic corridor with strong visibility and surrounded by established businesses, this property is ideal for investors seeking long-term upside. Current rents are below market, the projected market rents between $1,800 to $2,300 per month.
Courtesy: Century 21 Circle
773-465-4200
Free standing building with great exposures, street presence and visibility, formerly, a Midas shop located on Archer Ave., at Cicero Ave. major Rd. intersection, about 9-miles southwest of the Chicago Loop, within short distance to Midway Airport offering good public transit access via Pulaski Rd., station on the CTA Orange Line in Archer Heights giving direct service toward Midway and downtown and major roadways, Archer Ave. and Pulaski Rd., are big commercial arteries with the Stevenson expressway being into the north. Recently the subject commercial zoning has changed to residential zoning.
Courtesy: Coldwell Banker Realty
312-266-7000
Prime location featuring a free-standing building on approximately 3,000 square feet clear span and has 2 bathrooms. Has 2 exam rooms for doctor office. The property includes over 20 parking spaces with drive through driveway and sits on a 100x125 lot, totaling approximately 12,500 square feet. It has 2 entrances and exits and sits next to alley Zoned B1-2, this site offers developers potential, from condos and commercial retail spaces to strip centers, banks, and drive-thru restaurants. An outstanding investment opportunity, Conveniently located near national retailers, fitness, restaurant, Circle K, 7 eleven, office, one of the few retail spaces with parking in the area. close to downtown, and easily accessible from the expressway-this property. Seller willing to lease back 6 parking spaces for Tesla super chargers. Owner willing to lease out property
Courtesy: Rae Lynn Realty LLC
773-615-4415
GREAT COMMERCIAL OPPORTUNITY! Spacious storefront with a large open interior and two front entries. Flexible layout - great for retail, office, studio, salon, or service business. Bring you vision and make this space your own! Property is being SOLD AS-IS and will need updates, including roof repair; possible mold in rear bath/utility room. Buyer to verify zoning and intended use. Bikes will be removed: other personal items may remain. Seller will not provide survey. Cash or Commercial lending Only.
Courtesy: Listing Leaders Northwest, Inc
219-961-5478
Prime investment opportunity in Chicago's Clearing neighborhood! This well-maintained commercial storefront at 5840 W 63rd St features four rentable units, all currently leased. A newly signed tenant just secured the 496 SF space at $1,500/month as a tattoo shop-demonstrating strong market demand and proving rental upside for the larger suites. The remaining three units range from 1,000-1,550 SF, offering ample room for future rental growth. With a diverse tenant mix, visible frontage along 63rd Street, and steady neighborhood traffic, this property delivers both stability and upside potential.
Courtesy: Chicago Real Estate Resources
773-327-9300
Located in downtown Chicago across from Chase Tower, 6 S. Clark stands out as a distinctive boutique mixed-use building with rare frontage along a prime section of Clark Street. The property includes a 3,419 Sq. Ft. retail space on the ground floor, along with a 3,487 Sq. Ft. lower level, both currently vacant and in a shell condition with existing black iron from its previous Wendy's occupancy. Floors 2-4, totaling 11,400 Sq. Ft., are leased. Additional income is also generated by a cell antenna on the roof. The building sits on a 4,108 Sq. Ft. lot with coveted DC-16 zoning, presenting an opportunity for high density redevelopment.
Courtesy: Sperry Van Ness
312-676-1866
SVN Chicago is proud to offer for sale a 4,320 SF/4-unit retail/commercial condo property on Sheridan Road in Chicago's beautiful Buena Park neighborhood. Situated on the ground floor of a 59-unit residential condo building, the property is perfect for an owner-user looking to place their own business in the property, or for an investor looking for passive income. Three of the units are leased out, with one vacant and one on a MTM lease. The unit pricing and approximate square footage are as follows: C1: 1,020 SF List Price: $229,500 C2: 900 SF List Price: $205,000 C3: 900 SF List Price: $205,000 C4: 1,500 SF List Price: $339,500 C1-C4: 4320 SF - List Price: $960,500 There is existing income from three of the four units in place. The vacant 1,020 SF space, along with the adjacent 900 SF space, is also available for lease.
Courtesy: @properties Commercial
312-337-0200
43,269 Sq. Ft. of land. 3 bay bow truss building as well as second building with approximately 24,769 Sq. Ft. of space Each bow truss section can be divided creating 6200 Sq. Ft. sections Large parking lot for exterior storage or parking 13' to 20' ceiling heights By-level office area with classrooms, offices, and storage Locker rooms and separated heated garage Four 12' garage doors that drive directly into the space 600 Amp 3 phase electric Great location for easy access to highways and surrounding neighborhoods Currently run as auto body and repair shop but could be warehouse and distribution, goods manufacturing, artist studio or office with retail Favorable zoning for many uses
Courtesy: Century 21 IMPACT
815-221-8400
A long-standing church property, no longer in use, is now available for sale and offers spacious interiors ideal for a medium to large congregation or for repurposing into multiple uses. The property includes an additional lot that provides excellent flexibility for parking, green space, or future expansion. Minimal work is needed as the roof and central air have recently been serviced, making it ready for immediate occupancy or redevelopment. The backyard area offers additional parking options, further enhancing the property's functionality. This is a rare opportunity with a motivated seller, perfect for buyers seeking space, versatility, and long-term potential.
Courtesy: Keller Williams ONEChicago
312-216-2422
Pleased to present the exclusive offering of Central Avenue Apartments, a 17-unit multifamily property located in the Austin neighborhood of northwest Chicago. This well-maintained property represents an attractive investment with strong in-place income, immediate cash flow, and significant upside potential through strategic unit renovations and rent increases.The property is 100% occupied, offering stability for a new investor, with current rents well below market. With a light value-add program ($5,000 per unit upon turnover), rental income can be pushed to market levels, creating strong returns and long-term appreciation. Property Details Address: 1405-13 N. Central Ave., Chicago, IL 60651 Units: 17 Total SF: 10,816 List Price: $1,400,000 Occupancy: 100% Unit Mix & Rents Current Average Rent: $997 Pro Forma Average Rent: $1,291 Current Average PSF: $1.70 Pro Forma Average PSF: $2.18 Pro forma figures incorporate a $5,000 per unit renovation budget as leases naturally turn, enabling backfilling at higher market rent levels. Financial Highlights Current NOI: $113,627 Pro Forma NOI: $164,313 Current Cap Rate: 8.12% Pro Forma Cap Rate: 11.14% Current GRM: 6.88 Pro Forma GRM: 5.60 Price / SF: $129 Price / Unit: $82,353 Investment Highlights Stabilized Occupancy: 100% leased, offering immediate cash flow. Value-Add Upside: Below-market rents with ability to push to pro forma levels through unit turnovers and $5k/unit upgrades. Efficient Size: 17-unit property, manageable for both first-time investors scaling into multifamily or seasoned owners seeking additional cash flow. Northwest Chicago Location: Situated in the Austin neighborhood, with access to strong tenant demand, local employment centers, and public transportation. Attractive Financial Metrics: Opportunity to achieve an 11%+ cap rate and reduce GRM below 6 with modest renovations. Central Avenue Apartments offers investors a stabilized, cash-flowing multifamily asset in one of Chicago's largest neighborhoods. With immediate income, strong financial performance, and clear value-add potential, this property represents a compelling investment for both local and regional buyers seeking strong returns in the Chicago multifamily market.
Courtesy: Millennium Properties RE, Inc.
312-338-3000
Well-located on Belmont Avenue just east of Long Avenue, this 4,892 SF single-story fully occupied neighborhood retail property is available for sale. The building is comprised of five retail storefronts, two have been recently combined. The tenants include a restaurant, law firm, Seattle Sutton and a door company. The facade has been recently updated with new windows that provide excellent visibility and curb appeal. The Belmont Cragin community has benefited from steady growth in population and renewed investment. Local businesses enjoy a strong residential consumer base, great public transportation, and quick access to the Expressway.
Courtesy: Dorazio Real Estate LLC
224-505-4072
HUGE VALUE-ADD OPPORTUNITY - Come check out this ICONIC mixed-use, value-add 12 unit building in Chicago's incredible East Beverly neighborhood! This all-brick, beautiful building was built in 1904 and contains 6 retail storefronts on the main floor and 6 residential apartments on the 2nd floor. Sitting on one of Beverly's main thoroughfares - 103rd street, this property provides retail owners a ton of vehicle and foot traffic to bring in business. Both the apartments and storefronts have been easy to rent quickly with little to no marketing effort. The property sits on a giant lot with a massive garage to the South of the main building. This area provides a ton of opportunity to the new buyer potentially for the addition of more units, storage or covered / enclosed garage space to generate additional revenue. Rents are currently way under market with plenty of room for increases with efficient management. The back of the building is also currently used as a small gathering spot for the tenants to relax, play and / or bbq. All tenants have central HVAC for heating and cooling which was upgraded in the early 2000s. Roofs have been resealed in the past 5 years. Over a dozen parking spots in the rear of the building as well. Currently priced at over an 8 CAP but with better management and getting rents to market this could easily be a 10+ CAP building. This property has unlimited potential and upside with the right plan. Schedule a showing today!
Courtesy: Chicagoland Brokers, Inc.
773-745-1000
No monthly assessment Commercial Condo! Absolutely incredible never occupied property zoned C1-2 on busy California Ave. Huge 2000sq. ft new finished condo gives endless possibilities for variety of businesses or live and work arrangement. There is enormous 47X22 front room, beautifully finished and equipped 16X12 kitchen and huge 27X17 back room with entire wall of closets (could be used as bedroom or even split into 2 rooms). Hardwood floors, 1.1 baths, laundry room and storage. Perfect property for your business!!! or live and work!!!
Courtesy: Century 21 Circle
708-424-1199
Impressive and solid corner brick building formerly used as the Holy Cross rectory. Approximately 6,232 sq ft of interior space set on a larger 74'x124' fenced lot. On-site parking at rear of the building plus a two-car detached brick garage. Currently used as Casa Romero. Main level includes 7 offices/classrooms/meeting areas plus storage and 1 half bath. The second floor offers 8 office/meeting rooms, a dining room, one storage area, and 2 full bathrooms. The full lower level has the large kitchen, meeting or conference room, offices, storage and laundry facilities, along with one half bathroom. There is a full walk-up attic which has two finished rooms and mostly unfinished space. Current zoning is RS3 - this offers many possibilities for repurposing, development, or maybe transition into one or two-family housing??? Ideally located in the Back of the Yards neighborhood and near quality schools, shopping, medical facilities, and transportation. Looking for someone to reimagine this space and add to the rising values in the community.
Courtesy: Baird & Warner
773-326-6500
OPPORTUNITY FOR MANUFACTURING COMPANIES OR LAND WITH THREE CONNECTING BUILDINGS ON PROPERTY. HIGH CEILINGS, 2 LOADING DOCKS, SMALL OUTDOOR AREAFOR STORAGE, OFFICE WITHIN, ONE WASHROOM, OFFICE SPACE WITH CENTRAL AIR CONDITIONING, 2 SKYLIGHTS, HIGH CEILINGS, M3-3 ZONING. SELLER OPEN TO SELLING AS LAND ALSO. GREEN SPACE ON NORTH SIDE OF BUILDING FOR STORAGE. SURVEY ATTACHED IN ADDITIONAL INFORMATION.
Courtesy: M Property Group LLC
630-518-4511
Excellent opportunity to own a 8-unit multifamily property with lots of CashFlow. Separately metered utilities. The building features a mix of (4) units with 5 rooms, 2 beds, 1 bath and (4) units with 4 rooms, 2 beds, 1 bath, totaling 9 rooms, 16 bedrooms, and 8 full bathrooms. Gas furnaces and electric meters are separate for each unit, with tenants responsible for their own gas and electric. Back building includes a separate water heater, also paid by the tenant. Building electricity is minimal at approximately $30/month. All windows were replaced in 2016. Roof is approximately 15 years old. No central AC - window units provided by tenants. No garage on site. This is a well-structured property with great upside for investors seeking strong rental income and minimal landlord-paid utilities. *The property taxes do not represent a Homeowner Exemption.* Note: The units identified as: 5656 S Marshfield Ave (Units 1N & 2N), 5658 S Marshfield Ave (Units 1S & 2S), 1638 W 57th St (Units 1E & 2E), and 1640 W 57th St (Units 1W & 2W). Owner will consider seller financing.
Courtesy: RE/MAX Properties Northwest
847-698-7000
Your opportunity to own an income generating, fully leased mixed-use building in the heart of Gladstone Park. Located on high-visibility Northwest Highway directly across from the Gladstone Park Metra station, this property offers a turnkey investment in a great location. The building includes one commercial space with a full basement, currently operating as a restaurant/cafe, plus three residential apartments and an attached garage. Residential units include one spacious 2 bed/2 bath with the garage and two 1 bed/1bath units. This transit-oriented asset features stable cash flow and a reliable tenant base - an ideal opportunity for investors seeking long-term income in a well-connected Northwest Side location. All residential units have received new HVAC, plumbing, electrical, and water heaters within the past five years. The commercial space features updated plumbing, electric, and HVAC systems (2009) along with a newer water heater. The rubber-coated roof was recoated in 2020, ensuring long-term durability and reduced maintenance costs. Nearby parks, schools, and walkable residential blocks enhance the area's livability, while the building's proximity to downtown Chicago and O'Hare International Airport further amplifies its appeal. This property represents a rare opportunity to invest in a stabilized, mixed-use asset in one of Chicago's most connected and resilient neighborhoods.
Courtesy: Urbanitas Inc.
773-345-9110
Mix use property, Store front located on a main street. Property need full rehab but is a grate opportunity.
Courtesy: Jameson Sotheby's Intl Realty
312-751-0300
Fantastic investment opportunity in Roscoe Village! This three-unit building is anchored by an owner-occupied, classic Chicago neighborhood saloon which is connected to a full, unfinished basement. The sale includes the late-night and tavern licenses. The second story is a two-bedroom/one bath apartment has a 60-day kick-out clause. There bar and apartment have shared laundry in the basement. The two bedroom/2 bath detached coach house is rented also has a 60-day kickout clause. It has a wide-open main living level with space for lounging and dining plus a full bath and office nook. Upstairs boasts two bedrooms and a full bath, vaulted ceilings, skylights and good closet space and the unfinished basement offers lots of storage, laundry and the mechanicals. A sign on the side of the building brings in additional info. Please note, there is no parking on site. 24x100 lot. C1-2 zoning. . Agent owned. DO NOT BOTHER EMPLOYEES...
Courtesy: Keller Williams ONEChicago
312-216-2422
Rare opportunity to find a newer construction apartment building at this price point with upside opportunity. This impressive 7-unit property, originally built as condos in 2004, offers an attractive real estate investment in a prime location. This solid brick and block construction building features elevator service to all floors. The building consists of six spacious 2-bedroom, 2-bathroom units and 1 store front (or 7th apt) and 6 attached garage spaces. The 7th unit features a separate entrance from the sidewalk, making it ideal for a small business office space or short-term rental. Located on the Near West Side of Chicago, walking distance to the United Center Arena, Madison St bus lines, Illinois Medical District, and expressways. Tenants will love the easy commutes and convenient access to amenities, entertainment, and transportation. Rents are considerably below market and present the opportunity to increase cash flow and ultimately property value, with new leases. We project an NOI of $143,006 and corresponding CAP rate of 7.7 when new rents are put in place. With its newer construction, prime location, feature-rich units, and the potential for future rent growth & value enhancement, this 7-unit apartment building represents a solid investment choice. Call today.
Courtesy: Troy Realty Ltd
773-792-3000
Prime Location in Chicago. Solidly constructed 5,500 sf industrial/warehouse building on a 6,500 SF lot. Solid 3-layer masonry walls. Thick concrete floor throughout for heavy duty loads with floor drains. Barrel truss roof provides a clear span of 11'-16' ceiling heights. Electricals are 120-240V/100A/1ph-3ph. 5 parking spaces and 1 drive-in door (10'x10'). Across the street from a Coca-Cola vending facility, Walmart, Home Depot, Menards and Washington Square Mall are all within 1 mile. Perfect for a manufacturer, contractor, warehousing, or many other uses.
Courtesy: Millennium Properties RE, Inc.
312-338-3000
Prime mixed-use opportunity directly across from Marquette Park! This well-maintained building offers approximately 4,500 SF of ground-floor retail/office space, easily divisible into two separate units. The upper level features three residential apartments currently generating $4,000/month in rental income, providing immediate cash flow. Additional highlights include two, 2-car garages on site and B1-1 zoning, offering flexibility for a variety of business and investment uses. Perfect for an owner-user looking to operate their business on the ground floor while offsetting expenses with rental income, or for an investor seeking a stable, income-producing asset in a strong neighborhood location. With high visibility, strong foot and vehicle traffic, and a prime location across from the 318-acre Marquette Park, this property offers a unique blend of business potential and long-term investment upside.
Courtesy: First In Realty, Inc.
773-779-3473
Discover a prime 3,300 SF retail or professional office space for sale on busy Kedzie Avenue, offering exceptional visibility, high traffic exposure and interior garage. This versatile property currently built out with a spacious cafe that flows into a back reception area, along with a private offices, kitchen and two large garages accommodating up to five vehicles each with an overhead door for easy access and suitable for storage. The property also includes a kitchen equipped with a commercial grease trap and a 3-compartment sink, making it well-suited for food-related operations. With its flexible layout, prime street exposure, and adaptable space re-imagined for your use, this location is ideal for retail, professional offices, contracting office or specialty use, providing the perfect setting to grow your business.
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.
