Now reduced to 670k with an impressive 8.74 CAP. Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Established tenants since 2019 with newer 5 year leases until 2030. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Both spaces were built out in 2019-2020 with updated flooring, bathrooms, paint, etc. The building also had a new full tear-off roof installed in 2021. Management company already in place if new owner wishes to continue. There are also two deeded garage parking spaces included in the price . Offered with a very attractive CAP rate and annual rent escalations. Ideally situated just 1 mile west of Wrigley field and a six minute walk to Addison brown line. Please do not disturb or make any inquiries from current tenants. All inquiries should be made only to the listing broker
This 3,300 sq/ft all-brick mixed-use building is priced to sell and presents a fantastic opportunity for business owners or investors seeking to diversify their portfolio. Situated on a high-traffic corner in bustling Humboldt Park bordering Logan Square, the property is ideally suited for retail, convenience store, or restaurant use. The main level offers a flexible commercial layout featuring five offices, a kitchen, bathroom and ample storage. Legally zoned a 3 unit, there is also an efficiency behind the commercial space. The second level includes a spacious 4-bedroom, 1-bath apartment, providing excellent potential for owner-occupancy or rental income. The basement offers additional storage space and includes a bank vault. An attached two-car garage with high ceilings and overhead doors adds further functionality and value. Please note the property has experienced fire damage and requires renovation. Exercise caution when touring. This property may qualify for a grant of up to 250K thru the Neighborhood Opportunity Fund. Website detailed in broker remarks.
Unbelievable trophy-piece opportunity, three 8 unit boutique buildings, 24 Units fully stabilized, condo-quality and developed in 2025 in the Heart of Bronzeville. Each building features TWO front and back 3 bed 3 bath duplex units and SIX front and back 2 bed/2 bath simplex units. Many high-design details, from hallway accents to primary suite wall details meant to set this apart. Highlights include sleek profile shaker cabinet in eye-catching earth tone, stainless steel appliances, quartz island with full backsplash and an abundance of countertop space for entertaining, cooking and dining space. LVT flooring throughout is stylish and easy to maintain. Abundant natural light in all units with walk-out terraces. Design features make this a desirable rental with thoughtful walk-in closets, elevated bath finishes & designer lighting. Maintenance will be eased with high-efficiency furnaces, tankless water heater, In-unit washer/dryer, intercom system and professionally managed premises. 4 outdoor parking spaces available per building. 6.3 Cap Rate, perfect for 1031 exchange.
For Sale or Rent. Highly visible Commercial opportunity on corner of S. Ogden and S. Western in Tri-Taylor neighborhood. Property has C1-2 zoning with flexible range of business possibilities. Property currently has a small restaurant with MTM tenant. Keep the tenant or property can be delivered vacant at closing. High vehicle traffic street with plenty of street parking. Convenient location which is located right off of I-290 and Blue Line with a lot of shopping plaza and other small businesses nearby.
ESTATE SALE - PROPERTY SOLD AS-IS. Unique value-add opportunity in the heart of Little Italy / University Village. Rare offering consisting of three separate buildings on one parcel, currently configured with seven total units (buyer to verify). The property requires extensive renovation, making it ideal for an investor or developer seeking a true repositioning opportunity. Outstanding long-term upside driven by irreplaceable location, strong rental demand, and proximity to UIC, downtown Chicago, and major transportation corridors. A compelling opportunity to re-imagine and unlock the full potential of this well-located asset. No warranties or representations are provided, as the seller has limited knowledge of the property.
Mixed-use investment opportunity in Belmont Cragin with adjacent vacant lot vacant lot. Masonry brick 6-unit building consisting of four residential apartment units and two street-level retail units. The residential units are all 2-bedroom / 1-bath layouts, while each retail space is approximately 1,850 square feet. The property features separate in-unit furnaces, central air conditioning, in-unit electrical panels, and separate utilities with tenant-paid electric and gas. Additional features include owner-owned coin-operated laundry, and six rear surface parking spaces. Zoned B3-1 and renovated approximately in 2015. 25x125 lot next door is included in price and can be used or parking/storage or future development. Sold as-is.
6229-31 W. Belmont is a 6-unit multifamily asset offered as part of the Gary R. Carlson Northwest Side Portfolio, located in Chicago's Belmont Cragin neighborhood. The building features six residential units, consisting of two 1-bedroom apartments and four 2-bedroom apartments, offering a desirable and efficient unit mix for this renter-driven corridor. Built in 1959, the property includes 6 rear surface parking spaces and features a clean, functional layout supported by tenant-paid electric and cooking gas and a building-owned laundry setup. Tear off roof - 2014; Newer boilers (replaced in the last 4 years). 6 new heating pumps; all newer circuit-breakers and other electrical components (2017). Positioned along the active Belmont Avenue commercial strip, the asset benefits from strong neighborhood amenities, public transit access, and consistent rental demand, making it a compelling opportunity for investors seeking stable cash flow with operational upside
Classic 3-story Chicago Greystone 6-unit investment property in prime Little Italy and UIC Medical District location. Fully stabilized with significant capital improvements. This is not a deferred maintenance project. Extensive structural and systems upgrades substantially reduce near-term capital exposure. Improvements include a full tear-off roof, rebuilt parapet and coping, masonry restoration, new brickwork at the rear of the building where the covered porch stairway was removed, and a new rear 3-story steel stairway, as well as private decks for the rear units and easy ladder-roof access, sewer line replacement, upgraded electrical service (600+ amps to the building and 100-amp breakers in each unit), copper plumbing, steel electrical conduit, 5 of the 6 units have been beautifully renovated with consistent finishes: hardwood floors, granite countertops in kitchens and baths, stainless steel appliances (refrigerator, oven/range, microwave, and dishwasher), soaring 9'9" ceilings, recessed lighting, crown molding, ceiling fans, large pantry closets (many with windows). Five of the 6 units include separate, energy-efficient mechanicals: (3-year-old Trane central air conditioning systems and individually controlled Trane gas furnaces) vented vertically through the chimney raceway, along with a dedicated water heater in each residence. All systems are serviced annually. All new windows include upgraded treatments. Kitchen and bath exhaust systems vent vertically through the roof. Ownership has prioritized long-term tenant stability over aggressive rent increases, resulting in strong occupancy and below-market in-place rents. On-site laundry, six private storage bins included in rent. Rear 2-car parking has never been offered for rent, providing immediate income potential. The 1-Front unit offers optional duplex expansion utilizing the front basement area, which includes existing toilet plumbing and front windows, creating potential for additional bedrooms and expanded living space (buyer to verify zoning and feasibility). Strong in-place income with upside through parking monetization and gradual rent optimization. Family-managed with consistent operating performance. Full financial documentation, including rent roll, income and expense statements, and capital improvement summary, is provided in the Additional Information section of the MLS listing. Most showings will be limited to once per week, with at least 48 hours' notice to accommodate current residents.
This two-story mixed-use property offers a fantastic opportunity for both investors and owner-occupants. The upper level features a fully functional 2-bedroom, 2-bath apartment with hardwood floors, an eat-in kitchen, and generously sized rooms throughout. The ground level includes a versatile storefront space-perfect for retail, office, or creative business use-ready for you to bring your vision to life. Located in Chicago's Chatham neighborhood, this property sits in a high-traffic corridor between 79th Street and 87th Street, offering excellent visibility and accessibility. Don't miss your chance to own this unique multi-use gem-schedule your showing today!
TURN KEY, HIGH-Income producing gem in West Garfield Park area right across an elementary school. All 8 units are occupied with long-term strong tenants at maximum market rents. Full rehab in 2017 from top to bottom. 4 units are 4bedroom 1bath and 4 units are 5bedroom 1 bath. Each unit is 1400sqft. All units have Separate utilities (gas and electric). The property also features a gated parking lot in the back generating additional income. It also comes with a security system with cameras and a key fob system. Easy access to DOWNTOWN! Close to I290 expressway, shopping, restaurants and parks. CHECK ADDITIONAL DOCUMENTS FOR ALL FINANCIALS 2024-2025. WITH 20-30 down, your investment will have high-yield returns. The building has a high cost segregation opportunity as well for high deductions.
Prime 8-Unit Income Property in Woodlawn just steps from University of Chicago. Invest in one of Woodlawn's most desirable locations with this well-maintained 8-unit building, just three blocks from the University of Chicago Hospital and approximately one mile from the Obama Presidential Center. Strong, consistent rental demand makes this an exceptional income-generating opportunity. The property features six spacious 3-bedroom/1-bath units and two 2-bedroom/1-bath units, appealing to a wide range of tenants. Fully renovated down to the studs 30 years ago and meticulously maintained by long-term ownership. The building offers a hassle-free investment with tenants responsible for their own gas and electricity. Each unit can be easily converted to include in-unit laundry, as a drain, gas line, hot and cold water connections, and a dryer vent are already in place, allowing for straightforward installation. The property has no lead pipes with new sewage lines installed in December 2023. Additional highlights include a spacious, fenced concrete backyard with handicap-accessible ramps. The backyard can also be easily converted into multiple parking spaces. This is a rare opportunity to acquire a stable, income-producing property in a rapidly appreciating Woodlawn neighborhood.
Available for lease: approximately 2,500 SF of vacant, raw commercial space located along the Belmont Ave corridor. The property is zoned C1-2 Neighborhood Commercial District, permitting a wide range of uses including retail storefronts, liquor-related uses (subject to licensing), warehouse/light storage, auto-related uses, and other neighborhood-serving businesses. Residential apartments and live/work office configurations are permitted above the ground floor. The commercial space is separately metered with its own dedicated water main, with water usage to be the responsibility of the Lessee. Space is delivered vacant and ready for tenant build-out. Excellent opportunity for a variety of commercial concepts seeking a strong neighborhood location. Zoning and permitted use subject to tenant due diligence and City approval. Asking rent $29/SF annually; NNN expenses additional"
INVESTOR ALERT! Rare East Pilsen mixed-use opportunity at the prime corner of Jefferson & 18th Street. This beautifully renovated 4-unit residential building plus an approximately 400 SF front-corner commercial space (not included in unit count) offers multiple income streams in one of Chicago's most in-demand neighborhoods. The property features 7 bedrooms and 5.5 bathrooms, updated kitchens with wood cabinetry and stainless steel appliances, and renovated baths with ceramic finishes. Strong urban location with immediate access to I-90/94, CTA, Halsted Street, 18th Street corridor, UIC University Village, and the South Loop. Steps to a dog-friendly park, with Divvy bikes and Zipcar nearby. Tenants pay all utilities except water, enhancing cash flow. A rare corner asset in a thriving location with long-term upside. Sold As Is.
Arcadia Terrace / West Ridge, Chicago's most ethnically diverse neighborhoods steps away from Lincoln Square and Devon Ave. corridors served by CTA buses that connect to the Red, Purple, and Brown Lines plus Metra access nearby. Offering 2-Story mixed-use building and adjacent vacant lot 25X110 on Western Ave. Mixed commercial and residential districts featuring large main level commercial space and 2nd level 2-residntial units. Building in need of work/rehab from A-Z. Outstanding visibility, exposure and foot traffic on Western Ave. Full basement with ample storage space to support commercial operations. Location surrounded by dense residential/commercial traffic, with nearby retailers including Walgreens, walkable amenities and within steps of public transportation, shops, dining, and nightlife. Life and work property with income potential and significant upside in one of Chicago's most dynamic neighborhoods.
Historic Garland Building Lake & Millennium Park Views Turnkey Office Condo Exceptional turnkey office condominium for sale in the iconic Garland Building, steps from Millennium Park and Lake Michigan. This fully built-out, cash-flowing space is ideal for professionals seeking a prestigious downtown presence - whether as an owner-user or investment property. Located on the 12th floor of this landmark 1920s structure, Unit 1203 offers breathtaking, unobstructed views of Lake Michigan and the park, natural light throughout, and a sophisticated, move-in-ready interior. The reception area shown in photos is just the beginning - a detailed floor plan is available upon request. The Garland Building is CTA-adjacent with direct access to the Red, Blue, and Brown Lines, plus multiple bus routes, making it one of Chicago's most accessible downtown locations. As a commercial condominium, this unit offers full ownership control, flexible use, and long-term value - perfect for law firms, consultants, architects, or growing businesses seeking a premium address. Units are contiguous - ideal for expansion. Don't miss this rare opportunity to own a turnkey office in one of Chicago's most desirable downtown buildings.
Presented for sale is a 17-unit corner multi-family property located at 6305 N Oakley Ave and 2250 W Rosemont Ave in Chicago's desirable North Side neighborhood, West Rogers Park. The property has been family-owned and owner-operated for over 40 years, representing a rare opportunity to acquire a generational asset that has been carefully maintained with a long-term ownership mindset. The corner location property provides strong curb appeal and benefits from its position with excellent light exposure, in a desirable North Side neighborhood known for strong renter demand, access to public transportation, proximity to neighborhood retail, dining, and community amenities. Corner assets in this submarket are increasingly rare with limited new multi-family supply, adding long-term value and defensibility. This offering combines stable in-place cash flow, a strong neighborhood location, and meaningful upside through operational and rental optimization, making it well-suited for investors seeking a core-plus or long-term hold opportunity. Value-add and upside potential, this property offers clear pathways for value creation. Gradual rental growth creating 2-bedroom units from the 13 one-bedroom units and 4 two-bedroom units, coin laundry, and garage parking rental increasing rents to be aligned with market conditions. Operational efficiencies under professional management. Strategic capital improvements to enhance long-term performance. Investors benefit from acquiring an asset with proven stability while retaining flexibility to implement modernization strategies over time.
Extraordinary Lakeview Opportunity. Seize a premier owner-user or investment opportunity in the heart of Lakeview's most exciting growth zone. This stunning brick commercial condo offers approximately 4,000 SF of versatile, high-impact space. Currently configured as a sweeping, open-concept retail flagship, the layout features three storefront entrances and three separately metered units, providing effortless flexibility to occupy the full footprint or subdivide for multiple income streams. The interior impresses with dramatic ceiling heights, modern track lighting, and a comprehensive security system. While currently retail-ready, the "bones" are perfectly suited for creative office, fitness, high-end showroom use, or use your imagination. Key Assets Include: 4 deeded indoor spaces + 2 deeded outdoor spaces (rare for the area), 3 finished bathrooms (including one full bath with tub/shower), and a kitchenette - Massive frontage on the rapidly evolving Clark Street corridor with high daily traffic counts. Position your business or portfolio in Lakeview's hottest developing hub
Recently Rehabbed & Turnkey 8-Unit building in Booming Chatham. Listed at an 11 CAP, perfect for long-term investors seeking to maximise cash flow and upside appreciation. A mix of 1 and 2 bedroom units with a monthly rent roll of $9,200.
Upscale, Elevator building with condo-quality finishes. total 12 spacious apartments with 4 High-Visibility Commercial Units . minutes from Downtown, Chinatown, Bridgeport, U of C campus and expressway. each unit have two large bedrooms and 2-baths with open floor plan. beautifully maintained commercial units in a prime, high-traffic location with excellent visibility and curb appeal. Whether you're opening a wellness studio, boutique, professional office, or creative space, this property offers the flexibility and presence your business needs to thrive. With large, open interiors and plenty of natural light, each unit provides a professional, welcoming environment for your clients. The location is ideal for attracting walk-in traffic and building a strong local presence-perfect for businesses ready to grow.
Commercial space for sale in Lake View area. Ground floor commercial space with glass walls and doors maximize visibility and natural light. The commercial space is facing the street and easy for street parking. Currently tenant occupied of massage and spa business. Height ceiling approximately 11' feet. Central air and heat. Zoned C1-2. Nearby Wrigley Field, Jewel-Osco, Whole Foods Market, CTA Bus #9 / Ashland & Addison. Train Station: Brown Line, Addison and Irving Park. Thorek Memorial Hospital, Kindred Hospital Chicago North, McDonald's, and Crosby's Kitchen. Highway I-90 and DuSable Lakeshore Drive. Great Location.
TURNKEY Investment Opportunity! FULLY LEASED with two, high quality, long-term tenants. NNN leases with 9- and 4-year remaining terms make this an armchair investment for many years to come. NOI $112,785 and a CAP RATE of 6.1 in 2026 and both leases have yearly escalations. Combined, they total 3,004 square feet of 13' tall retail space with high quality buildouts. Also included is 1 indoor parking space. Both stores have outdoor seating areas in the summer months. This premium space is on the ground floor of a 25-unit high-end condo building built in 2004. It has its own tax PIN and IS NOT PART OF THE CONDO ASSOCIATION. Prominent corner location with 137' frontage at the high traffic stop-sign corner of Halsted and Cornelia, one block south of Addison, in the East Lakeview neighborhood. 1-mile population radius 92K, 3-mile 410K. Average Household Income is $148K, daily traffic 13K, Walk Score 96, Transit Score 86. The new 71,000 SF Howard Brown Health Center is across the street and Wrigley Field, Whole Foods, and Target are all within three blocks of the property. Halsted #8 bus stop is on the corner, and the CTA Red line stop is 2.5 blocks away. PLEASE DO NOT DISTURB TENANTS
RARE OPPORTUNITY TO ACQUIRE THIS 2,400 SQUARE FEET BRICK DISTRIBUTION WAREHOUSE ZONED B3-2 WITH OFFICES IN THE DESIRABLE WEST TOWN AREA. THIS COMMERCIAL PROPERTY FEATURES 4 OFFICES (3 SPACIOUS OFFICES ON THE 1ST LEVEL & 1 LARGE OFFICE ON THE 2ND LEVEL), STORAGE, WAREHOUSE & 1 FULL & 2 HALF BATHROOMS. CURRENTLY LEASED. RECENT UPGRADES INCLUDE NEW FRONT DOOR IN 2020, NEW HVAC & A/C IN 2023, NEW WATER HEATER IN 2020, NEW GARAGE DOOR OPENER IN 2024, AND NEW RUBBER ROOF IN 2022. WHETHER YOU CHOOSE TO OCCUPY THE PROPERTY OR INVEST IN ITS FULL POTENTIAL, THE POSSIBILITIES ARE ENDLESS. WITH RENTAL INCOME, THIS INVESTMENT IS SURE TO THRIVE. ENJOY CLOSE PROXIMITY TO GROCERY STORES (MARIANOS), COFFEE SHOPS, ENTERTAINMENT, DINING, METRA & I90.
Well-maintained mixed-use or (live-work opportunity) in Lincoln Park offering immediate income with long-term flexibility. The property generates approximately $5,000 per month in gross income ($60,000 annually) Roughly a 5.7 CAP. The second floor features a fully remodeled designer one-bedroom apartment leased at $1,800/month, with in-unit washer and dryer. The lease runs through the end of May, providing near-term flexibility The ground-floor commercial space offers strong visibility along Ashland Avenue and is suitable for office, retail, or studio use. Major capital improvements already completed: Two furnaces, both under one year old Roof and siding approximately four years old Updated electrical Separate systems improve operating efficiency and risk profile This asset is well-positioned for: An investor targeting stable mixed-use cash flow in a core neighborhood A live-work buyer wanting long-term flexibility in a high-demand corridor Strong location, meaningful recent upgrades, and clear income make this a clean, financeable mixed-use opportunity.
Welcome to this beautifully gut-rehabbed mixed-use building in the heart of Irving Park! Attention investors and business owners! Your fear of investing in a money pit ends here. This property has been meticulously gutted and rebuilt with thoughtful attention to every detail. Enjoy peace of mind with all-new plumbing, electrical, HVAC, a tankless water heater, and top-of-the-line finishes throughout both the commercial and residential spaces. No shortcuts were taken - there is truly nothing to do but move in and start generating revenue. The building is zoned B3-1, allowing for a wide range of commercial uses including salon, office, or retail, making it ideal for an owner-user or investor. Additional highlights include ample gated parking in the rear and a fully-finished basement ideal for storage, with the potential to convert into an in-law suite or expand commercial business if desired. Prime location in the sought-after Irving Park neighborhood, surrounded by new developments, family-owned restaurants, charming local shops, and thriving residential neighborhood. Commuting is a breeze with convenient access to expressways, public transportation, and outdoor enthusiasts will love being near Horner Park with its scenic riverside trail. Sports fans will also appreciate being just 2.5 miles from Wrigley Field. This exceptional property offers endless possibilities in a thriving, growing neighborhood! Schedule your showing today before the market takes it away.

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.