Courtesy: Compass
312-733-7201
Fantastic opportunity to buy in a very versatile commercial space. Meticulously taken care of, this space offers 2 levels with 2 exits/entrances. Hardwood throughout main level with one huge light filled corner office, walk into your open reception area and Kitchenette, with an additional office on the same level. Head downstairs with a separate entrance and enjoy 2 more office spaces and sitting area. This space is perfect for a variety of options. Shared office, counseling space, yoga, chiropractor, and so much more. 1 deeded spot is included in the price. A fabulous location in Ravenswood, near LincolnSquare. Walk 2 blocks to the Metra, coffee, grocery, restaurants. Plenty of street parking as well. Just a wonderful find.
Courtesy: Delta Realty, Corp.
773-284-2020
Cash Flow around 13 Cap!! Stable 6 unit building. All tenants subsidized rent. Great returns on this Turn Key building! Potential to increase rents for higher returns!
Courtesy: Delta Realty, Corp.
773-284-2020
Cash Flow Around 13 cap!!! BRICK 6 UNIT (3) 2 BDRM &(3) 1 BDRM. ALL HAVE FORMAL DINING ROOMS. 1BR units can be converted to 2brs. Updated Kitchen and Bathrooms. NEW 400 AMP SERVICE, Recent boiler. Newer Tuckpointing AND 3 CAR GARAGE.
Courtesy: @properties Christie's International Real Estate
312-254-0200
First time ever on the market! Recipient of the American Institute of Architects' Distinguished Building Award in 1998, this truly one-of-a-kind contemporary live/work space in the heart of Bucktown was designed by renowned architect Wheeler Kearns. Custom designed and built for the owners with form + function in mind, this double lot duplex architectural stunner houses both offices and personal residence with 3 bedrooms, 2 full bathrooms, powder room, and wet bar/coffee station within towering 11+ foot raw concrete ceilings and exposed industrial chic ductwork and pigmented floors throughout. The street side of the property serves as a fully functioning creative office (4 large offices, library, conference room and dual seating areas with windows outfitted with both blackout + light-diffusing shades), while the north side (or back side) serves as the private residence with an expansive open plan living/dining room and kitchen with huge window facing the private garden. Both spaces showcase open air steel staircases and custom furniture designed to complement the dramatic and oversized MDF pivot doors that ingeniously divide the office from the living space. Groundbreaking design and use of space, this unique building can be kept as is - an ideal live/work situation for an architect, photographer, or other creative agency, as it has served for the last almost 30 years, easily converted to a sprawling full single-family home, or one very cool commercial space. The options are endless and the design timeless. Currently zoned B3-2 and ideally located steps from the Milwaukee or Damen CTA stops, I-94, Bucktown shops and restaurants, and the 606. Landscaped garden oasis, fire pit, seating area, 2+ car garage with storage room, and engineered to build up. Loads of wow factor and value-add. WELCOME HOME.
Courtesy: American International Realty
773-509-9493
Commercial building in North Center, Chicago offers a prime location for businesses looking to establish a presence in a vibrant and one of Chicago's most sought out neighborhoods. This multi unit building currently houses a successful restaurant in the lower unit with basement storage area and 1 bedroom unit on the top floor. Building was fully renovated in 2007 and featured a modern designed with ample space for offices, retail shops, or restaurant. With its proximity to public transportation and major thoroughfares, this property is easily accessible for employees and customers alike. Don't miss out on this opportunity to purchase commercial space in one of Chicago's most sought-after neighborhoods, Contact us today to schedule a showing.
Courtesy: Coldwell Banker Realty
312-981-5500
Golden opportunity in the coveted Jefferson Park neighborhood of Chicago! Presenting a prime commercial property that combines an income-generating martial arts school with immense potential for owner-occupancy or rental income. The property features two units, with the first unit currently occupied by a successful martial arts school, providing a steady rental income. The second unit is owner-occupied and is currently utilized as a printing center, offering the flexibility for the new owner to continue operating their own business or to lease it out for additional income. This versatile property caters to a range of possibilities and investment strategies. The property enjoys excellent visibility and benefits from the neighborhood's thriving commercial landscape.
Courtesy: Coldwell Banker Realty
312-266-7000
Beautifully Renovated 6-Unit Multi-Family in Prime Wicker Park Location This stunning 6-unit building in the heart of Wicker Park offers an incredible investment opportunity. Fully gut-rehabbed in 2016, no detail was overlooked-everything was updated, including plumbing, electric, HVAC systems, roof, tuckpointing, siding, and more. Each unit boasts condo-quality finishes, featuring granite countertops, stainless steel appliances, contemporary baths, hardwood floors, and subway tile backsplashes. With individual HVAC systems and in-unit laundry for each residence, tenants enjoy modern conveniences alongside timeless charm. Spacious bedrooms and ample storage add to the property's appeal. This is a true turnkey investment-professionally managed with a proactive approach, allowing for seamless rent collection and potential for increased income. Unbeatable Wicker Park Location. Nestled in one of Chicago's most vibrant neighborhoods, this building is just steps from everything that makes Wicker Park so desirable. You're a short walk from the Blue Line El, Division Street's trendy bars, restaurants, and boutiques, and minutes from the expressways. Nearby, you'll also find popular shopping destinations, grocery stores, and parks. Wicker Park's rich cultural scene, combined with its proximity to downtown, ensures high demand from renters, making this property a solid investment in one of the city's hottest areas.
Courtesy: HomeSmart Connect LLC
847-495-5000
Great opportunity to add a multi use building to your real estate portfolio. 6 apartment units updated in 2013. Three units are 3 Bed 2 bath, and three units are 2 Bed 2 bath. The top floor units have beautiful skyline views and access to a rooftop deck. All units have hardwood floors, updated kitchens with quartz counters and stainless steel appliances, in unit washers and dryers. The main floor is an open retail space currently leased into Feb 2026.
Courtesy: RE/MAX LOYALTY
773-772-6969
COMMERCIAL PROPERTY ON A DOUBLE LOT READY FOR YOUR DESIGN IN NORTH AUSTIN AREA. PROPERTY IS IN A PERFECT LOCATION WITH GREAT COMMERCIAL EXPOSURE. ADDRESS IS 4942-44 COMMERCIAL SPACE WAS PREVIOUSLY USED AS A AUTO SHOP. THE SECOND FLOOR IS A LARGE 2,700 VACANT LOFT READY FOR YOUR BUILD OUT PLANS. PROPERTY HAS 2 DRIVE IN'S, HANGING HEATERS, HVAC IN THE FRONT SPACE. SPACIOUS FULL BASEMENT. PLEASE NOTE PROPERTY TAX TOTAL IS $19,954.85- PROPERTY HAS TWO PARCEL TAX ID NUMBERS: 13334220420000 TOTAL: $9,977.32 AND ID: 13334220430000 TOTAL: $9,977.53
Courtesy: Arc Red Inc Arc Realty Group
773-236-6943
Newly Remodeled for sale - 848 N Ashland Avenue, Chicago Looking for a versatile property in a prime location? Check out this amazing opportunity in East Village. Welcome to 848 N Ashland Avenue - a two-unit property perfect for both living and business. The 1st floor offers a flexible office or retail space (currently leased for $2500/mth), while the 2nd floor features a spacious 3-bedroom apartment. There's also a basement and an attic, giving you plenty of room for storage or expansion. This property now boasts a complete remodel with new kitchen cabinets, a new central air system, new appliances, new floors, a new bath, new windows, and more! The brick 4-car garage (garage can bring at list $800/mth extra income) and backyard offer ample storage or extra parking. The elegant brick construction adds a timeless touch. The 1st-floor retail space, previously used by a dentist, is adaptable for various businesses. The modernized residential space on the upper floors is perfect for today's market. Don't miss out on this rare opportunity to own a highly desirable piece of real estate in East Village. Take advantage of this excellent investment opportunity at 848 N Ashland Avenue b/f be Gone!
Courtesy: Epique Realty Inc
888-893-3537
Exceptional mixed-use property in prime Wicker Park/Bucktown location. Featuring two high-visibility storefronts and a spacious 3 bed/2 bath duplex apartment above, this 5,000 sq. ft. building offers endless potential for business and living. The duplex has the ability to be divided into two separate residential units, providing great potential rental income. Zoned B3-2, perfect for retail, office, or restaurant use in a super desirable neighborhood. Recent updates include a new roof (2 years old) central air, and a private deck with skyline views. Plenty of dining, shopping, entertainment, and easy access to public transit. Don't miss this rare investment opportunity in one of Chicago's most sought-after areas!
Courtesy: Century 21 Circle
630-543-5640
Discover the perfect opportunity to own a prime commercial property that's ready for transformation. This exceptional space, now available for sale, features a stunning all-glass front that ensures maximum visibility and creates an inviting atmosphere ideal for any retail business. With demolition work already completed down to the studs, this property offers a fresh start for your business endeavors. The open layout allows you to customize and design the space to fit your unique vision, whether you're planning a cutting-edge retail store, a stylish boutique, or a dynamic showroom. Located in a high-traffic area, this property boasts excellent street presence, attracting customers and enhancing your business's exposure. The modern glass facade not only elevates the building's aesthetic appeal but also provides a contemporary edge that will set your business apart. Don't miss this opportunity to own a versatile commercial property with incredible potential. Contact us today to schedule a viewing and take the first step toward making your business dreams a reality!
Courtesy: @properties Christie's International Real Estate
773-432-0200
This building consists of 5 office suites, a reception/waiting area, a kitchenette/pantry, 2 bathrooms, and janitor closet with sink, and a 2nd floor two bed apartment. The first floor commercial area consist of separate offices ready to lease out. The exterior of the building and commercial area is well qualified for the city's Neighborhood Opportunity Fund. This allows for substantial grant to improve the commercial/exterior of the property. The commercial space was most recently used as a NFP community center and second hand store. The full basement is well lit with about 6 foot ceilings. The second floor has a two bedroom split floor plan with eat in kitchen and spacious living room. Recent building updates include back (Western elevation) tuckpointing 2023, northern elevation tuckpointing 2021, 2022 HVAC on second level, 2021 HVAC on 1st level, updated electrical in last 3 years. Commercial Avenue Business Cooridor recent updates include outdoor vendor stalls, art stacks, raised bike lane, and permanent ground art. Proposed Commercial Avenue neighborhood reinvestments include a continuation of raised bike lanes, art stacks up to 8500 S. Commercial and a neighborhood revitalization at 8600 S. Commercial and 8900 S Commercial.
Courtesy: Metropolitan Realty & Invest.
312-953-0896
UNIQUE OPPORTUNITY! FOUR LARGE BRICK BUILDINGS, A CHURCH/ SCHOOL WITH 14 CLASSROOMS, A CONVENT, RECTORY AND GARAGE. AMPLE PARKING SPACE, 2 LOTS. ONSITE SANCTUARY ( BUILT OUT), MEETING ROOMS, YOUTH ROOMS , BASEMENT WITH REC/ KITCHEN AREA 54,000 SQUARE FEET OF SPACE. REAL ESTATE TAXES EXEMPT RELIGIOUS/ SCHOOL NO SURVEY PROVIDED SOLD AS-IS ALL OFFERS MUST HAVE PROOF OF FUNDS/ FINANCING APPROVAL LETTER
Courtesy: YBRS Realty Inc.
847-757-2777
Prime corner location in Garfield Ridge for your new business! The left unit, occupied by Fyzical Therapy & Balance Centers, provides a steady income of 2,589.42 per month. Long term reliable tenant. The right unit, offering 2,880 square feet, is currently vacant. Previously leased by a medical spa, it became available due to unexpected personal issues of the former tenant. This newly rehabbed space boasts large storefront windows, new drywall, updated HVAC and plumbing, and fresh concrete. Only finishing touches are needed. This property is an excellent opportunity for both owner-occupants and investors in a high-traffic area. Sold as is.
Courtesy: Sperry Van Ness
312-676-1866
A 2-story mixed-use building with two (2) residential units, one (1) retail unit, and a 2-car garage. New 5-year lease on the retail space. Apartments can be cosmetically updated to achieve increased rents. This property is owned by an Illinois Real estate broker.
Courtesy: Dream Town Real Estate
773-326-6500
4,400 sq ft of office/tech space previously used as dental lab. Double lot with 50' of frontage on Lincoln Ave with high traffic also has 6 parking spaces out back lot totalling approx. 5850 sqft with B3-2 Zoning. New water heater in 2018, recent roof, hvac and other updates. Desirable Northwest side close to North Park and Northeastern University. 30 minutes from downtown, 20 minutes to O'Hare. Parking lot in rear of building.
Courtesy: Sperry Van Ness
312-676-1866
A single-story, single-tenant retail storefront building. The lease was recently extended to October of 2030. Full NNN lease with an established tenant, School of Rock. This property is owned by an Illinois Real estate broker.
Courtesy: Sperry Van Ness
312-676-1866
A 2-story mixed-use building with two (2) residential units, one (1) retail unit, and a 2-car garage. New 5-year lease on the retail space. Apartments can be cosmetically updated to achieve increased rents. This property is owned by an Illinois Real estate broker.
Courtesy: Baird & Warner
847-491-1855
Large, well maintained solid brick building zoned R-3 across from Piotrowski Park on bustling 31st St. Family owned since the 1960s, the building consists of 3 residential units plus a 900 sq ft first floor storefront. Full walk up expandable attic and full basement with separate meters. New tear off roofs on both the garage and main building 2020, new gutters, soffits and boiler 2021 and new water heater in 2023. Home Run Inn is next door, and Piotrowski Park has a public swimming pool and skate park so the location is ideal with plenty of foot traffic. Target, Home Depot and Walmart are around the corner. Great opportunity for multi-generational living or investment. Being sold as-is.
Courtesy: Great Lakes Realty Central Inc
773-616-8700
BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site with a 17 car parking lot! The ground floor is leased to long term tenants and the second floor ready for your ideas. Previously 2nd flr housed 17 apts. Remarkable possibilities! Ground floor fully leased to long term tenants for instant cash flow. The 9,180 SF second floor is wide open, with soaring ceiling heights to 14 feet. Additional possibilities to add square footage include adding 3rd floor loft space in a portion of the second floor and building out an existing very cool all masonry roof penthouse. Architectural plans available to construct a lobby, stair and elevator on Michigan Avenue with direct access to the concrete 17 car fenced, landscaped & irrigated parking lot. The possible uses are endless and include but are not limited to apartments, dramatic office space, medical, gym, basketball, pickleball, dance studio, restaurant, theater, doggie daycare, gallery and many other possibilities. Transit Oriented Development site, potential TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.
Courtesy: 4 Sale Realty, Inc.
630-669-6830
LARGE CORNER LAND PARCEL. USE AS EXISTING OR CONVERT (OR TEAR DOWN) 2 BRICK BUILDINGS - CURRENTLY A 2 LEVEL CHURCH WITH 3 LEVEL SCHOOL BUILDING WITH BANQUET HALL AND FULL KITCHEN IN LOWER LEVEL. APPROXIMATELY 12,000 SF. PROVIDES FOR ABOUT 180 ATTENDEES. PLENTY OF PARKING. CONSISTS OF 6 CITY LOTS 152 X 126.50. PROPERTY NEEDS UPDATING OR PERFECT DEVELOPMENT OPPORTUNITY. CURRENT ZONING RS-2. MINUTES FROM SHABBONAH PARK WHICH OFFERS AN INDOOR POOL. BORDERING BETWEEN BELMONT/CENTRAL, SCHORSCH VILLAGE, AND PORTAGE PARK NEIGHBORHOODS. SOLD AS IS.
Courtesy: Compass
312-733-7201
Versatile commercial condo ideally located and adjacent to bustling West Town, Wicker Park, Bucktown and Ukrainian Village! Ground level access with tall ceilings and many recent improvements including newer flooring and updated bathroom. Great space ready for your ideas with easy access to all forms of public transportation and the expressways as well as the vibrant retail on both Division St and North Ave. Electric, Heat & Internet included in lease as well as Yoga equipment if appropriate for end user! Street parking. Longtime attentive Landlord. Easy to show with notice.
Courtesy: Land Fairy Realty Corp.
312-694-5039
Great opportunity in a brand new 2-story retail plaza located at heavy traffic interaction of Archer Ave and Canal Ave, on the edge of expanding Chinatown area. Great location for business.
Courtesy: Keller Williams ONEChicago
312-216-2422
Pleased to present a multifamily property located at 5957 S. Indiana Ave in the vibrant Washington Park neighborhood of Chicago. This 31-unit building is strategically positioned to capitalize on the strong rental market in the area, offering an attractive opportunity for investors. Current Purchase Price: 2,480,000 Current Cap Rate: 7.58 Pro Forma Cap Rate (6-12 months): 11.02 Pro Forma Cap Rate (12-18 months): 12.07 Value-Add Opportunity: The property presents a compelling value-add opportunity through rent increases to market levels. Current ownership has already implemented rental increases across 35percent of the units, with an additional 23percent scheduled for increases between May and September 2024. This strategy is expected to drive the overall cash-on-cash return from the current 9.73 to 20.83 within the next 6-12 months, and up to 23.87 in the next 12-18 months. Regulatory Agreement: The property is subject to a regulatory agreement that will run until 2030, requiring an investor to rent 29 of the 31 units to tenants with incomes no more than 60percent of the area median income, at rent levels restricted to those income limits. No Major Capital Expenditures Needed: The property is well-maintained, and no major capital expenditures are required, allowing new ownership to focus on rent optimization and revenue growth. Financing Advantage: Investors can benefit from a 2-year interest-only multifamily loan, providing financial flexibility to maximize returns during the rent increase phase. Unit Mix: 3 Bedroom - 1 Bathroom: 8 Units 2 Bedroom - 1 Bathroom: 18 Units 1 Bedroom - 1 Bathroom: 5 Units The property is located in the Washington Park neighborhood, a thriving area with easy access to public transportation, parks, educational institutions, and a wide range of retail and dining options. This prime location enhances the property's attractiveness to a diverse tenant base, including small families, professionals, and singles.
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.
