Courtesy: Grinker & Garcia Real Estate
773-731-8500
Excellent opportunity to own this all brick 6 unit building. It is Fully rented. and ideally located just blocks from Lake Shore Drive to Downtown Chicago
Courtesy: Compass
773-466-7150
Located at a busy corner, this property offers great visibility, especially with its close proximity to a hospital and just 10 minutes from Ukrainian Village. It's an attractive investment, with residential units potentially renting for $1,650 each and commercial spaces at about $15/sq ft monthly. Take advantage of zoning for outdoor ads to boost income. There's also room to increase profits with short-term rentals or Airbnb, ideal for nearby medical staff. Consider a ghost kitchen to serve the hospital crowd. This is a prime opportunity for a high-earning investment. This is a total gut - Sold AS IS. Lot next door included in the price!
Courtesy: Berkshire Hathaway HomeServices Chicago
312-642-1400
Welcome to an exceptional development opportunity located at the southeast corner of Division & Kimball. This prime site, measuring 48x111, presents the perfect canvas for a lucrative real estate venture. Proposed is a center entrance 6-unit condominium building, promising an attractive finished gross sale projection of $2,000,000. This project offers the potential for substantial returns on investment. Furthermore, environmental concerns have been addressed, with underground storage tanks responsibly removed in 1999. Removal reports are available upon request, ensuring transparency and compliance with regulations. Currently occupying the premises is a auto repair shop featuring 5 bays, a lobby, and a half bath. It is important to note that the property is tenant-occupied on a month-to-month basis, and therefore, discretion is advised to not disturb the tenant
Courtesy: Arc Red Inc Arc Realty Group
773-236-6943
**Charming Commercial Opportunity in Prime Chicago Location - 5948 W Diversey Ave, Chicago, IL 60639** Nestled on the bustling corner of Diversey Avenue and Austin, this remarkable property presents an unmatched commercial opportunity. Built with enduring brick construction, this establishment is poised for success, whether continuing as a vibrant bar/lounge/night club or transforming into a new venture with potential for a liquor license, catering to a wide array of business aspirations. **Key Features:** - **Address:** 5948 W Diversey Ave, Chicago, IL 60639 - **Zoning:** Commercial (B), allowing for a variety of business uses. - **Building Size:** Generous square footage offers ample space for operation and customization. - **Lot Size:** Spacious lot dimensions provide a substantial footprint in a prime Chicago area. - **Parking:** Available parking spaces ensure convenience for customers and staff alike. - **Outdoor Seating:** An enclosed patio area offers an inviting space for outdoor dining or leisure. - **Utilities:** Separate meters for electricity and central heating, ensuring operational efficiency. - **Amenities:** Central heat throughout, ensuring comfort for all occupants. - **Condition:** Brick construction with shingle composition roofing, promising durability and lasting appeal. **Business Potential:** The property currently operates as a bar/lounge/night club but carries immense potential for a variety of commercial uses. Its prime corner location, coupled with the possibility of retaining a liquor license, opens the door for numerous business opportunities, including restaurants, cafes, specialty stores, or continued use as a nightlife establishment. **Additional Features:** - Enclosed outdoor seating area for enhanced customer experience. - Satellite dish installed, offering diverse entertainment options. - Spacious parking, accommodating both indoor and outdoor needs. **Financial Aspects:** This property represents not only a significant investment in real estate but also the opportunity to own and operate a business in one of Chicago's thriving neighborhoods. Specific financial details and projections are available upon request, ensuring transparency and confidence in your investment. For entrepreneurs and investors alike, 5948 W Diversey Ave offers a rare blend of location, versatility, and potential. Whether you're looking to continue a legacy or forge a new path, this property stands ready to serve as the foundation for your business vision. Contact Information: For more detailed information and to schedule a viewing, please contact Listing Broker. "As-Is" Explore the possibilities and embark on your next commercial venture with this premier Chicago property.
Courtesy: Pioneer Realty Group LLC
773-687-9630
New construction investment! Perfect to buy and hold this cash flowing property with no work needed. Rents are great- listed at a 6% cap rate. Solid commercial tenant on the first floor Glow with long term lease in place. 6 units, 5 residential and one commercial, 2-3 parking spaces. Mix of 2 bed/2 bath and 3 bed/2 bath apartments. All have central AC, laundry in unit, walk in closets, king size bedrooms. High end modern finishes throughout. Full unfinished basement with room to expand.
Courtesy: Engel & Voelkers Chicago
773-797-9500
Fabulous corner location in residential neighborhood. Great visibility. Beautiful half-round windows are echoed on the interior as architectural features of the property's walls. This potential-filled location is distressed, and awaits your purpose. City services of electricity, heat, water are not connected. Bring your flashlight to tour. Buyer responsible for back taxes and any city fines. Taxes Due for Multiple Years. Due as of 6/6/24: 2021 - $17,005; 2022 - $15,095; 2023 - $7,312
Courtesy: Epique Realty Inc
888-893-3537
This mixed used property in Humboldt Park is a great investment opportunity. This mixed used property retail space is currently occupied by a beauty supply store. The property's prime location in one of Chicago's most vibrant neighborhoods, busy area with diverse range of amenities, restaurants and more.
Courtesy: PIP Realty Group
773-233-2301
Great opportunity for the new or seasoned investor to acquire this 6-unit income-generating property. This property offers solid cash flow, has upward potential of 14% cap rate, and an upward potential of cash on cash return of 32%. The property has a new back porch (1-year old). The adjacent parking lot with separate PIN, 5 parking spaces, and a 2.5-car garage can generate additional income. Professionally managed. Being sold as-is. Four of the 6 units are currently leased. Perfect for the owner-occupant situation! Showings by appointment only. The property won't last long, schedule a showing today!
Courtesy: Jakubco Development, Inc
708-744-8617
Incredible Opportunity to Own a Value-Add Mixed Use Property on an Oversized Chicago Lot in rapidly appreciating North Center and coveted Coonley School District!!! This property currently consists of Two Individual Storefronts and Four Residential Apartment Units. East Storefront is vacant as well as 1 studio apartment. All four other units including one commercial space and three residential apartments are Month-To Month. Great site for tear down and new development construction in highly desirable CPS Coonley School District!!! Residential Units are a mix of 1 Bedroom and Studio Units!!
Courtesy: Trelleum LLC
630-715-9999
One of the spaces available for rent and/or four parcels for sale in high traffic area by expressways and airport. Excellent place to rent and/or income-producing property. * For Sale or Lease * Industrial/Flex Zoning * High Traffic Laurence Road * On-Site and Street Parking * Near Expressways and O'Hare Airport * Four parcels in the portfolio * Flex Terms * Set-up for Printing or Customize for your business or Redevelopment Potential Contact LA for details.
Courtesy: EXIT Strategy Realty
312-554-5478
Tremendous Investment opportunity near one of Chicago's busiest and historically solid corridors. Near the corner of Stony Island Avenue and 87th Street your national co-tenants include Walgreens, Citibank, CVS, Checkers and highly respected Chicago local tenants including Mayfair Dance Academy and Harolds Chicken!! Fully occupied asset with solid tenants including a nursing school and clothing retailer. Strong income, low expenses. Parking in rear for more than 8 cars. This Calumet Heights commercial corridor is where your investment or your business with thrive. Easy street parking, high visibility, high population and the Pill Hill neighborhood has one of the South Side's highest income. Great neighbors in a steady retail investment corridor. Do not disturb tenants, but easy to show.
Courtesy: Strauss Realty Ltd
773-736-3600
Two-story commercial building for sale/redevelopment. High visibility with 150' of frontage on high traffic North Avenue (22,700 vehicles per day). 24,352 SF above-grade building. The building includes 5 ground-level retail spaces (3 leased and 2 vacant). H&R Block is a tenant at this location. Second level is unfinished, raw space with 3 washrooms. Convert the second level into apartments for additional income! There is also an unfinished basement for storage and mechanicals. 15 to 20 parking spaces in rear. Explore the possibilities of this dynamic property!
Courtesy: @properties Commercial
312-506-0200
Located in a Trending Neighborhood, Avondale, on the hard corner of N Pulaski Rd (61') and W Nelson St. (64'). Self-managed, single story building with two tenants and three units. Current tenants include Metro PCS by T-Mobile and El Muchacho Alegre (Mexican Restaurant), along with one vacant unit (1,050 SF). Vacant unit, which used to be combined with the current T-Mobile space, has entry from Pulaski and Nelson but needs to be leased or remodeled for owner/user; both spaces used to be a laundry mat and has a lot of infrastructure still in place along the south wall in vacant unit. Utilities are separately metered and tenant is responsible for snow removal/landscaping. Well maintained building since 2009 with recent updates: New Roof (2019), Roof Maintenance (2023), Spot Tuckpointing (2023). 0.9 Miles to the Belmont Blue line train station, multiple bus stops and Divvy stations plus close access to the Expressway and Lake Shore Drive.
Courtesy: @properties Commercial
312-506-0200
Located in a Trending Neighborhood near Rogers Park, on Touhy, just west of Rockwell. Self-managed, single story, brick building with ample parking in the rear (12 spaces) and five storefronts on Touhy Avenue. Current tenants in place: R&B Tire Shop (16+ years), Menchies (16+ years), Aiki Budo Center (Brand New Build out) and one vacant storefront to lease or owner/user. Utilities are separately metered, renters pay for gas and electric; each unit has individual HVAC; Landlord is responsible for snow removal and landscaping. Well maintained building with recent updates: two storefront roofs were replaced, recently tuckpointed, exterior was repainted in 2020, recently repaved parking lot. 1.2 Miles to the Rogers Park Green line train station, multiple bus stops and Divvy stations plus close access to the Expressway and Lake Shore Drive. Area tenants include: Autozone, Buckingham Rehabilitation Care, Ann Blitstein Teachers Institute, North View Dry Cleaners, Pearly Whites Dental, Andres Roofing, A Gentle Wind Florist, 7-Eleven and much more!
Courtesy: Realty Executives Elite
630-243-9500
This small storefront is located on busy corner on 87th st! This building is need of a full rehab. Building includes some Kitchen Equipment, Ansul System, and Exhaust Fan hood. A great start for any new restaurant or catering kitchen! It also features a side gate with private parking for easy loading/unloading or employee parking. Come check out this small space with BIG possibilities!
Courtesy: Sheehan Real Estate
773-368-1977
Significant investment opportunity ideally located in Heart of Lakeview. Situated just steps from a countless number of national big box retailers and local hot spots this mixed-use property is ideal for investors and end users alike. The immediate location is an A+, high traffic area, ideal for foot traffic, signage & advertising. The property consists of a 2000ft commercial storefront with multiple office areas, 2 bathrooms, a kitchen space and a finish lower lvl. The upper floor floors consist of two Newly Renovated 3 bed/2bath rental units with access to private outdoor space. The 2 car attached garage is located on-site in the rear of the building with an oversized door for extra large vehicles. Amazing opportunity!
Courtesy: Lakeside Properties Group, LLC
312-285-2948
ALL BRICK SOLID MULTI UNITS IN THE HEART OF HYDEPARK. TOTAL 8 UNITS. MAKE IT YOUR SOLID & GREAT INVESTMENT OPPORTUNITY FOR LONG TERM INVESTMENT IN THE UNIVERSITY OF CHICAGO AREA. FEATURES TOTAL OF 6 OF THE 2 BEDROOMS, 1 FULL BATH UNIT WITH 1300SF/UNIT. 2 OF THE GARDEN 1 BEDROOM 1 BATH UNIT. ORGINAL HARDWOOD FLOORS, STAINLESS STEEL APPLIANCES (MOST OF THEM NEWER), IN UNIT WASHER & DRYER AND PUBLIC WASHWER & DRYER AS WELL. IN UNIT LAUNDRY & COMMON SHARE LAUNDRY UNIT IN THE BASEMENT. 1 WATER HEATING SYSTEM & HOT WATER SUPPLIES TO ALL UNITS, TENANT PAYS FOR COOKING GAS AND ELETRIC. WINDOW AIR CONDITIONING, BRAND NEW TEAR OFF FLAT ROOF IN 2021, 8 PARKING SPACES & FENCE COMPLETED IN 2022, MOST OF APPLIANCES ARE STAINLESS STEEL. GOOD AND STABLE TENANTS. RENT BELOW MARKET. ALL UNITS CURRENT ON LEASE EXPIRES IN THE SUMMER TIME, FULLY RENTED ONLY 1 UNIT VACANT FOR SHOWING. WALKING DISTANCE TO University of Chicago Hospital and School. PREAPPROVED INVESTOR ONLY. This opportunity won't last long.
Courtesy: BLUE STAR HOMES
312-315-8315
Get ready to embark on an exhilarating investment journey or fulfill your dreams of becoming a successful owner-user! This exceptional property in the heart of Chicago presents an exciting opportunity in the retail sector, specifically tailored for a dynamic restaurant concept. Spanning an impressive 8,036 square feet and boasting a charming vintage charm dating back to 1928, this property offers the perfect canvas for your culinary vision. With its prime location and versatile layout spread across two stories, the possibilities are endless. Imagine the thrill of transforming this vacant space into a thriving culinary hotspot, drawing in patrons with its unique ambiance and delectable offerings. Whether you're an experienced investor seeking to add to your portfolio or an ambitious entrepreneur ready to make your mark, this property is your ticket to success. Priced at $3,500,000 with a competitive price per square foot of $436, this gem awaits its next visionary owner. With zoning permits in place (B4-2, Chicago) and ample parking for 10 vehicles, including 1.24 spaces per 1,000 square feet leased, convenience meets opportunity on Fullerton Ave. Don't miss out on this chance to own a piece of Chicago's culinary landscape and carve your path to prosperity. Seize the moment and turn your restaurant dreams into reality at this iconic address with 75 feet of frontage on bustling Fullerton Avenue.
Courtesy: Century 21 S.G.R
312-326-7972
Excellent chance for investors! Located in the sought-after Northside area of Chicago, this Starbucks presents a prime investment opportunity. Total rentable area of 2,149 square feet on a 0.62-acre of land. The property is fully leased to Starbucks with a lease term of 10 years with four 5 year renewal options. Its advantageous corner position is complemented by 14 parking spaces and a convenient drive-thru.
Courtesy: Re/Max In The Village
708-386-1400
Versatile multi-use property in North Lawndale, IL. Spacious interior with natural light, offering endless possibilities for office space, retail, or creative ventures. Prime location with easy access to transportation and a thriving community. Ideal investment opportunity for entrepreneurs and investors seeking a promising asset. Don't miss this chance to make your mark in this vibrant neighborhood! Easy to show , lets make a deal very motivated seller!
Courtesy: CR Realty Partners
312-332-7100
1048 N Ashland - a mixed-use value-add opportunity in the Wicker Park / East Village neighborhood. The property unit mix is - (5) apartments and (1) storefront: (2) 3bed/1baths, (2) 1bed/1baths, (1) 2bed/2bath duplex unit featuring radiant heat and a brick 2-car garage. The glass storefront has high timber exposed ceilings and brick details. All the apartments feature renovated kitchens and bathrooms, individual HVAC, and high ceilings. Located on a corner with soaring windows, the building has east, south, and west exposure creating a light-drenched interior with views of the Chicago skyline - especially from the rooftop. Constructed in 1896, the building boasts attractive brick and stone accents, along with a turret adorned with copper details on its southern side. During the early 2000s, the building underwent a complete gut rehabilitation, preserving its timeless charm while updating all electrical, plumbing, and mechanical systems to modern standards, utilizing copper materials and proper conduit throughout. All units are individually metered. Please call the listing broker with any questions.
Courtesy: Baird & Warner
773-549-1855
A true gem! Exquisite 2 bed/2bath live/work loft located right in the heart of Chicago's downtown district. Spectacular views of vibrant State Street from every window. Very high 12.8ft ceilings in the entire home! Professionally remodeled with the aid of an interior designer, this home is appx 1200 sqft of luxury. Kitchen comes with modern new cabinets, appliances and stylish new quartz countertop. Specifically designed for entertaining guests, the kitchen comes with a handsome 9ft island perfect for 4 bar chairs. Expensive vinyl plank flooring in the whole home. High-end light fixtures from Restoration Hardware/CB2/Pottery Barn/West Elm. Condo is completely wired with Smart Home technology. All of the electrical outlets, light fixtures and new remote control roller shades can be voice activated through your phone or iPad. Yes, there is a new washer and dryer in the home. Building has very few rental restrictions (no airbnb) and you may use the condo to live and/or work. The building's fitness center is located on the same floor. Close to Chicago's best restaurants, nightlife, shopping, public trains and buses, beach, Chicago River Walk, Millenium Park, Grant Park, Navy Pier, theaters, museums and much more. Parking can be rented close by. MONTHLY HOA is $938/month. For Sale $425,000 or Rent $4,500 (gross) per month. THERE ARE WEEKLY OPEN HOUSES, PLEASE CONTACT REALTOR FOR MORE INFORMATION.
Courtesy: Golden City Realty, Inc.
773-267-2444
Great investment opportunity! Tenants pay heating, hot water and electric costs. Three 3 bedroom units and Three 2 bedroom units. 48 hour notice for all showings.
Courtesy: Chicago Realty Professionals
773-339-2058
This property has a huge upside with minimal work. Long term owner with below market rents that can be substantially increased. The property consists of 16 residential units of which 10 have been remodeled within the last 2 years. 5 stores are all rented. 2 warehouse units in the back total around 6,300 square feet can be utilized for many different businesses. The warehouses connect to one of the front stores and can potentially be used as a showroom in the store and storage in the warehouse. Separate heating and tenants pay all of their utilities. This building has been historically at 100% occupancy for years. Located on Irving Park Rd. (route 19), this property is close to I90 as well as public transportation.
Courtesy: Trelleum LLC
630-715-9999
Investment opportunity 8 cap in fully remodeled turnkey 14 unit brick building west of loop in Humboldt Park. Mix of bed/bath counts all renovated in last 2 years. In addition to new roof, new porch system, updated plumbing and a new exterior security camera system apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Located on massive lot with proximity to numerous bus stops, CTA and Metra. Some value add opportunities. Cash flowing asset with above average rents and below price per unit. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.
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.
