Courtesy: Keller Williams ONEChicago
312-216-2422
Excited to present a unique investment opportunity located at 601 N. Wells St., Chicago, IL 60654, in the heart of the River North neighborhood of Downtown Chicago. This prime real estate offering includes a retail property with 2,800 square feet of space, currently outfitted as a restaurant, and an advantageous billboard lease adding to its income potential.KW Commercial and Keller Williams ONEChicago are excited to present a unique investment opportunity located at 601 N. Wells St., Chicago, IL 60654, in the heart of the River North neighborhood of Downtown Chicago. This prime real estate offering includes a retail property with 2,800 square feet of space, currently outfitted as a restaurant, and an advantageous billboard lease adding to its income potential. The total land size of the property is 2,722 square feet, under Downtown Mixed-Use (DX-5) zoning, which accommodates a high-density mix of commercial, residential, and office spaces. This flexibility provides a wide array of redevelopment opportunities, making it an attractive proposition for investors looking to maximize the site's utility and revenue. Significantly enhancing this property's value is a billboard lease with an annual income of $89,165.72, which has 20 years remaining, expiring in 2046. The lease income is set to increase by 3.5% annually, offering a steady growth in revenue over time. This additional income stream contributes to the property's overall attractiveness and potential for high returns on investment. Previously operated as a Latin American, seafood, and Mexican restaurant, the retail space is well-suited for similar future uses. It suggests that the space is fully equipped for food service operations, potentially including a bar or lounge area. The existing kitchen, dining, and service areas are presumably in a condition that would support continued use without significant renovations if well maintained. The property's DX-5 zoning enables a multitude of redevelopment possibilities: Mixed-Use Development: Combining retail with residential or office spaces above to leverage the property's location and zoning for maximum income. Exclusive Restaurant/Bar: The space could continue serving as a premium dining venue or bar, drawing in clientele from River North and the broader Downtown Chicago area. Boutique Retail or Gallery Space: Aligning with the neighborhood's cultural scene, the space could be transformed into a boutique retail store or art gallery catering to River North's affluent demographics. River North is renowned for its dynamic art galleries, vibrant nightlife, and dining scene, making it a coveted location for any retail or mixed-use development. The neighborhood's affluence, high foot traffic, and excellent visibility and accessibility to locals and tourists alike underscore the strategic value of investing in 601 N. Wells St.
Courtesy: Century 21 S.G.R., Inc.
312-326-3697
Welcome to an exceptional opportunity in the neighborhood of Belmont Cragin, presenting a versatile 7,500 square feet of retail with parking in the rear of the lot. Located on at the corner of Addison Street and Nagle Avenue-block end to end, just west of Austin Avenue. This property offers a blend of lucrative tenancy and enticing vacancies for potential expansion, lease, and owner operations. Spanning an expansive 7,500 square feet of, sitting on approximately 11,337 square feet of land with 123' feet frontage on Addison Avenue, seeing 17,724 vehicles per day. This property is zoned B3-1 and provides ample space to accommodate diverse business ventures. The layout includes a total of four tenant spaces along with two vacant areas, strategically designed to maximize functionality and profitability. Strip center with 4 spaces. Tenant 1: Automotive business occupying 2,800 SF. Equipped with a convenient drive-in door, this space caters to the automotive industry's demands with efficiency. Tenant 2: Another automotive enterprise encompasses 2,300 SF, also facilitated with a drive-in door. With two vacant adjacent spaces with approximately 900 SF and 1500 SF ready to be customized according to the discerning needs of prospective tenants, this property offers endless possibilities for expansion and diversification. Whether for additional automotive services, retail ventures, or office setups, the vacant areas present an enticing canvas for entrepreneurial endeavors. Please do not disturb businesses.
Courtesy: Kiser Group Realty Inc
773-293-5000
Courtesy: Fulton Grace Realty
773-698-6648
Exceptional investment opportunity awaits in East Garfield Park, strategically positioned just steps away from the Conservatory and the Kedzie Green Line. This meticulously maintained 5-unit Mixed Use building boasts a diverse portfolio of four commercial units alongside one residential unit, all currently leased. The commercial spaces cater to a variety of needs, featuring a beauty salon, a barbershop, a religious institution, and an automobile tint shop. With the beauty salon secured on a lease until August 2028 and the remaining units on a month-to-month basis, this investment offers both stability and potential for future optimization. Benefiting from M1-3 zoning and a clean bill of health with no current building violations, this property has undergone extensive recent renovations, including plumbing updates, reinforced basement supports, tuckpointing, flashing enhancements, and electrical improvements. Moreover, the investment is bolstered by a streamlined utility structure, with tenants responsible for all expenses except water/sewer/trash, which are managed through two separate water bills. Positioned directly across from the scenic Garfield Park and boasting easy access to transportation hubs such as the Kedzie Green Line and Metra UP-W, as well as proximity to the 290 expressway, this property offers investors an unparalleled blend of convenience and potential for long-term growth. With its prime location near the iconic United Center and a mere 10-minute drive to Downtown, this investment opportunity promises lucrative returns in a rapidly evolving neighborhood ripe with potential.
Courtesy: F.J. Williams Realty LLC
708-499-5600
Are you dreaming of owning a unique property full of charm and history? Look no further than this remarkable church, a true gem in the real estate market! With all of the major renovations already taken care of, this 7,500 sqft building invites you to bring your creative decorating ideas to life and make it your own. Fully renovated in 2014, this property boasts modern upgrades while preserving its original beauty and character. And to top it off, a brand new tear-off roof was added in 2024, ensuring that you'll be moving into a worry-free and secure environment. The building features ample classrooms, a large fellowship hall perfect for gatherings and events, and a spacious kitchen that can cater to any need. This church is not just a building; it's a canvas awaiting your personal touch. It's a must-see for anyone with a dream and a desire for a space that offers both vast potential and a solid foundation. Don't miss out on this incredible opportunity to own a piece of history and a place for future memories. Come see for yourself why this church is the perfect setting for your next big adventure!
Courtesy: Sky High Real Estate Inc.
847-568-1650
In the South Loop on the North East corner of Cermak and State, its also adjacent and just West of the Green Line CTA Train Station. 6 retail store Fronts and 1 Residential 1 Bed 1 bath apartment. Zoning DX-5. 2137 S State 1000 sq. Ft, 2 E Cermak 800 sq. Ft, 4 E Cermak, 1000 Sq. Ft, 6 E Cermak 1000 Sq. Ft, 8 E Cermak 1200 Sq. Ft, 10 E Cermak 1500 Sq. Ft, 10 E Cermak #2b 1300 Sq. Feet. Plenty of opportunity and potential, the existing commercial leases are both Triple Net leases. Come see this for yourself. Proof of funds Or Prequal prior to scheduling a showing.
Courtesy: Z.A.S. Consulting, Inc.
773-614-6677
"As-Is Sale" This is a opportunity to own a unique commercial property. This versatile office style building, situated in a prime location, which offers a remarkable opportunity for savvy investors or business owners. Positioned on Western Avenue, this property benefits from high visibility and accessibility, thanks to its proximity to major retail outlets like Menards and Walmart. This strategic location not only guarantees a steady flow of potential clients but also provides excellent convenience and exposure. With the property dual-side layout, the property caters to a diverse range of business needs-from office spaces to specialized services like barber shops or dental practices. The 8941 side boasts a waiting and reception area, four offices, and two bathrooms while the 8943 side features a spacious main area, four individual offices, and a bathroom. Both sections share a convenient kitchen and a compact file room, making it ideal for various ventures. Due to recent water damage caused by burst pipes, the property requires a comprehensive gutting and rehabilitation. This presents a unique chance for investors to remodel and customize the space. Prior to the water damage, the roof was completely redone in 2021, AC (2021), and the furnace has been enhanced with a new control board. This property represents a blend of opportunities-ideal for those looking to invest in a space with potential for high returns through refurbishment and strategic location. Whether you're aiming to establish your own business or lease spaces to others, this commercial building offers the flexibility and potential to realize your vision. It is incumbent upon the buyer to conduct their own comprehensive due diligence regarding the property.
Courtesy: Inter-City Realty, Inc.
773-862-5500
Commercial brick building in the heart of La Hermosa. Three storefronts fully leased out, making it particularly appealing for investors seeking immediate rental income. It's a great purchasing point, highlighting the property's income generating potential and minimizing risk associated with vacancies. These kinds of listings often attract investors looking for stable, passive income streams. Tenans pays all utilities.
Courtesy: Hunter's Realty, Inc.
708-628-2900
This two-story retail building offers an amazing turn-key business opportunity! Second floor is beautifully renovated and sectioned into 8 suites of which 4 are rented accruing $3800 monthly income. Over 2500 sq ft of retail space, Huge ceilings, newer windows, coverings and fixtures. Newly built back porch, Huge basement and garage can be used for storage or parking. 1st floor is a huge blank canvas ready for your business ideas (restaurant, cafe, shop, etc.) There is endless potential in this high-traffic, highly sought-after location. Adjacent lot included!
Courtesy: Village Realty, Inc
773-478-1212
This property, meticulously maintained for over 25 years by an on-site owner, features a solid brick walk-up with six 2-bedroom/1-bathroom apartments. Conveniently located a short distance from public transportation, including Metra, and surrounded by numerous grocery stores and shops, this multifamily opportunity offers immediate value-add potential from the moment of acquisition. Additionally, the property boasts a 5-car brick garage.
Courtesy: Betancourt Realty
773-342-7211
Logan Square Unique find. Not many left an existing S.R.O. with a Hotel License. 67 Studios. Could be a big money maker. Needs TLC. New $60,000 boiler being installed. Please do not disturb tenants or employees. Only contact the Listing Agent.
Courtesy: New Concept Realty
773-858-7257
FOR SALE OR FOR RENT Highly visible retail commercial condominium located along North Western Ave, offering an excellent location suitable for various commercial or retail purposes. The property boasts 1650 square feet on the first floor and an additional 900 square feet of basement space suitable for storage or extra inventory. With 14-foot high ceilings, the space includes a bathroom and a 2-car garage suitable for commercial vehicles. This retail condominium comes with a monthly assessment of $191.00 covering insurance, water, garbage, and snow removal. Owner financing may be available. The seller is a licensed Real Estate Broker in the state of Illinois. POSSIBLE OWNER FINANCE TO A QUALIFIED BUYER WITH A GOOD DOWN PAYMENT !!!!!!
Courtesy: Sasco Realty Group
773-698-8454
Attention investor/business owners this wonderful mix-use building with 2,462 sf ft on a 3,125 sq ft lot. Building is ready to move in. New furnace, heating for each unit. First floor (Store front) with new flooring, an updated half bathroom ideal for all professional services. Second floor has of a living area with a combined dining room,2 bedrooms, 1 bath and beautiful kitchen with all new, Includes a detached 2 car garage and full unfinished basement.
Courtesy: Bluestone Asset Management LLC
773-478-5000
Retail/Office building available for Sale or Lease on Bryn Mawr Ave. Currently divided into two units, the rear portion and partial second floor is occupied by a dental lab. The front section facing Bryn Mawr is a vacant second-generation dental office that currently has 4 fully equipped exam rooms, a lab, breakroom/ lounge, and formal waiting room, reception area and updated bathrooms. Amazing opportunity for a startup or an experienced dental practice or any other medical user to move right in to this space or for another retail or office user at a attractive rental rate. Full basement. Great signage opportunity and ample street parking available directly in front of the building.
Courtesy: Kiser Group Realty Inc
773-293-5000
Courtesy: First Western Properties
773-545-2000
Welcome to an exclusive sale featuring two prime commercial store fronts in the bustling commercial district of Roseland! This is a golden opportunity for entrepreneurs looking to establish their presence in a high-traffic area with great potential. 1st unit consists of 3000 sq. ft. perfect for, Clothing Boutique, Electronics Store, Lifestyle Retail. Perfect for creating an immersive shopping experience. The expansive space allows for creative visual merchandising and versatile layouts to showcase your products. Capture the attention of passersby with large storefront windows. Second unit is next door that consists of 1500 Sf with an open lay out ideal for any business.
Courtesy: HomeSmart Realty Group
708-320-0002
Located in the heart of Chicago's West Town. This property offers over 6000 square feet of space! Great location to develop, re-purpose, or keep as is. R-3 Zoning. Solid building features 3 separate levels of workspace with seating for 300+ in the main auditorium. An extra multipurpose area seats an additional 50+. Perfect youth center space for screen and raised soundboard area. Lower level houses a large open space for group sessions and or dining hall, outfitted with a commercial kitchen that offers 3 stoves and 3 refrigerators, a huge pantry & storage, A Clothes Pantry, separate children's classroom, and 2 updated bathrooms. There are 5 New furnaces and Central Air Conditioners were added that make the entire building zone-controlled with gas forced HV/AC. The roof is approximately 14 years old rates for 30 years. Street parking is available on Richmond, Wabansia, Humboldt Blvd and also has been an arrangement with a nearby lot. If that wasn't enough the property features a 5 bedroom home, that has recently been updated, hardwood floors refinished which is rents for $2,500 per month.
Courtesy: Listing Leaders Northwest, Inc
219-961-5478
Please contact listing agent for all showings and questions. Facility currently being used a church but has other possibilities for use. Rental income provided upon request. Listing agent Shaleeka Gunn
Courtesy: @properties Christie's International Real Estate
773-432-0200
Rare opportunity to own a great income producing mixed use building, close to Wrigleyville in Lakeview & Halsted just south of Addison. There are long term tenants for the commercial space( Diva Restaurant) with full basement and the second floor apartment. (Restaurant tenant pays 60% of water bill plus all utility bills). The second and the third floor apartments each feature 3 bedrooms/2 baths. (Tenants pay electricity, gas and internet). New upgraded unit on the third floor: freshly painted, kitchens with granite countertops, stainless steel appliances, kitchen island, large formal dining & living and office areas with skylights, central heat/ac, huge back section for in unit washer/dryer side by side, primary bedroom suite; Close to Whole Foods, Wrigley Field, Restaurants and Entertainment Centers. The third floor tenants moved in December 1st, 2022.
Courtesy: Keller Williams Preferred Rlty
708-798-1111
Attention Investors: Don't miss this chance to invest in a spacious 2-unit property with a full basement. 2 Car Detached Garage. This property is ripe for renovation, perfect for launching a new business. With two new 100 AMP electrical boxes to segregate residential and commercial power usage, this property offers a promising opportunity. Each unit will be able to be set up so they pay their own utilities. Sold AS-IS. Cash offers require proof of funds, Conventional financing requires a pre-approval. This property holds significant income potential. Great Location Near Metra, Shops, Dining, and the Beach!
Courtesy: Berkshire Hathaway HomeServices Starck Real Estate
708-448-6100
This is your opportunity to start your new business endeavor. Great redevelopment space in a high traffic area, close to highway, public transportation and other businesses. Vacant. Sold AS-IS. Previously used as a gas station. Make your appointment today!
Courtesy: Blue Door Dave Inc
312-344-1487
Property tours available by appointment ONLY. Contact List Agent Tameka via text or call. Retail asset presents Investors a ground lease which presents no landlord responsibilities with value add. Traffic volume for this location exceeds 5k vehicles per day. This desirable location is in a very dense area of Chicago zone C2-1.
Courtesy: eXp Realty, LLC
888-574-9405
ATTENTION INVESTORS, REHABBERS - COMMERCIAL ZONED B3-2 3192 SQFT BUILDING WITH BACK YARD ACCESS TO ALLEY. HEAVY RENOVATION REQUIRED. Permitted businesses include but not limited to Art, Artist Live work, Animal Services, Automotive, Building Maintenance & Cleaning, Business Services, Construction Retail / Hardware / Locksmith, Education & Child Care, Food & Beverage, Indoor Special Events, Laundry & Dry Cleaning, Lodging, Media, Medical, Orthopedic Appliance Stores, Tanning Salon, Recreation, Postal Service, Residential Storage, Retail Sales, Entertainment & Spectator Sports, Tobacco Shops.
Courtesy: Keller Williams Preferred Rlty
708-798-1111
An exceptional commercial property for sale! This commercial property, formerly operated as a medical office, presents an unparalleled investment or business venture. The property offers immense potential for various professional practices or savvy investors. Conveniently located in Chicago, this property enjoys excellent visibility and accessibility. Originally constructed to serve as a medical facility, this property boasts a layout tailored for efficient functionality and patient comfort. The property has been thoughtfully divided into individual offices and exam rooms, ideal for accommodating a single comprehensive medical practice or leasing out to multiple practitioners or businesses. With its flexible layout, this property caters to a wide range of medical specialties or professional services. Whether it's a dental clinic, dermatology practice, counseling center, or any other healthcare or professional service, the possibilities are endless. Equipped with modern amenities and infrastructure, including waiting areas, reception desks, examination rooms with plumbing provisions, and administrative spaces, this property ensures a seamless transition for prospective occupants. For investors seeking a lucrative opportunity, the property offers the potential for multiple rental incomes from diverse tenants. Suited for a single medical practice or subdivided for multiple tenants, offering versatility and income potential. Benefit from a turnkey operation with existing infrastructure, saving time and resources on renovations. Whether you're an entrepreneur looking to establish your practice or an investor seeking a lucrative venture, this prime commercial property offers the perfect canvas for success. Seize the chance to own a piece of Chicago's thriving commercial landscape and unlock the potential of this remarkable property.
Courtesy: Alliance Associates Realtors
708-344-1150
INVESTORS NICE AREA. (8016-8022 S YATES) CONVENIENTLY LOCATED NEAR LAKESHORE DRIVE OR EASY ACCESS TO EXPRESSWAYS AND PUBLIC TRANSPORTATION. BEAUTIFULLY REHABBED CALIFORNIA STYLE BUILDING. THIS PROPERTY WAS REHABBED IN 2021. FULLY OCCUPIED. THIS PROPERTY OFFERS 5 (1 BEDROOMS) AND 6 (2 BEDROOMS). NEW FRONT & BACK PORCH; NEWER ROOF; COIN-OPERATED LAUNDRY; ASSIGNED PARKING. 11 WALL-UNIT A/C; TENANTS PAY COOKING, HEAT AND ELECTRIC. UPDATED IN-UNIT SERVICE PANELS. MAKE YOUR APPOINTMENT TODAY. GREAT INVESTMENT!!
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.
