Investment opportunity with fully remodeled turnkey 8 unit brick building in Bronzeville neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to high efficiency individual HVAC (air compressors on the roof), a new roof, new 400-amp electric service, and updated plumbing, apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near downtown and expressways I-90/94 plus proximity to an abundance of shopping and retail in Bronzeville, Kenwood, and the Hyde Park neighborhoods. Some value add opportunities. Cash flowing asset. Interior photos will be added soon. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.
10212 S. King is a twelve (12) unit courtyard building located in Chicago's historic Rosemoor neighborhood. Nestled amongst an abundance of single-family homes, and across the street from St. John De LaSalle Catholic School, this property offers easy access to local amenities, public transportation, and friendly community living. 10212 S. King is currently comprised of five (5) 1BD/1BA, six (6) 2BD/1BA, and one (1) 3BD/1BA units, with the first-floor 3BD/1BA recently converted into a spacious duplex-down unit. Recent improvements to the building include, but are not limited to, updated porches, copper plumbing, individual furnaces & hot water tanks, and central air conditioning in five (5) of the twelve (12) units. Furthermore, the building include six (6) garage spots in the rear. Current ownership is presently not capitalizing on the garage. 10212 S. King presents an investor with the unique opportunity to acquire a stabilized, positive cash flowing asset with an in-place cap rate of just over 10%. Through raising rents to figures already being achieved in the building, there is an opportunity to gain a cap rate north of 12.5% and a cash on cash return of over 27%.
Prime 1200 sq. foot space available for lease or for sale in a highly sought-after location near Belmont/Lincoln/Ashland. This versatile space, previously used as a nail salon, offers an ideal opportunity for businesses seeking a strategic location with ample foot traffic. Whether it's for an office, nail salon, or spa, this space provides a blank canvas for entrepreneurs to bring their vision to life. Don't miss the chance to establish your business in this bustling area
Investment opportunity 6% cap to own a rare turnkey 13 unit brick building with coach house and garages on oversized lot in hot Edgewater neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to new roof and hot water heaters apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near university, restaurants, retail, lake and more. Some value add opportunities. Cash flowing asset. Contact agent for more photos. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.
Check out this solid brick building in the busy South Western Avenue area of Chicago. It's a great investment with a shop on the ground floor that catches lots of foot traffic. There's also a cozy studio apartment that's been updated for comfort. Upstairs, you'll find Single Room Occupancy (SRO) units that are all set according to city rules, making it a safe bet for you and a reliable place for tenants. These SRO units are almost full, bringing in $2,405 a month. Plus, the studio and the shop each add $900 a month to your earnings. ($4205/m Total) This property is in a neighborhood that's getting more valuable, so it's not just a buy; it's a smart move for growing your investment. With a strong income stream, it stands out as a great choice for anyone looking to invest in a growing area. Come see why this property could be a key part of your investment future. Book your visit today!
Don't miss out on this remarkable chance to craft something truly extraordinary! The expansive first floor extends all the way to the back alley, offering 3,000+ sqft of versatile space primed for your creative vision, complete with two convenient half baths. Upstairs, discover a full bath and a spacious apartment comprising seven rooms. Over $25k has been invested in essential repairs, including a new roof and water remediation, laying a solid foundation for your endeavors. HUGE Full basement. With a touch of vision and tender loving care, this property has the potential to evolve into a lucrative long-term investment. Boasting zoning for apartments, the possibilities are limitless-let your imagination soar!
Beverly Commercial Office For Sale ~ Prime Location ~ Equipped with a Comfortable Lobby Space ~ Large Reception Office ~ Five Separate Well Spaced Offices ~ Kitchenette Area ~ Conference Room ~ 2 Full Bathrooms, one with a private shower ~ Huge Attached Garage with a Newly installed Garage Door Opener ~ Plenty of Garage Shelving in Place for additional Storage ~ Approximate 3200 Total Building Square Footage ~ Roof Replaced Two Years Ago ~ Property Being Sold As-Is ~ Show & Sell Today.
Incredible opportunity to own in this sought after location. Great for a multitude of businesses. Free standing building, Signalized intersection, 4441 sf retail/office 4 units, all separate utilities, one story commercial brick building with a partial basement for 4158 corner, electrical 2 years, roof approx. 3 years. Potential to own your own business or rent. Daily traffic count per IDOT 17,300 (VPD), Nearby many restaurants, shopping, public transportation Orange Line and Midway airport. property well maintained but sold As-Is.
Fantastic opportunity to own this mixed-use building located in an Opportunity Zone. With a projected NOI of almost $200k/yr upon completion, this property consists of ten residential units and four commercial units. The rare gated courtyard design of the property provides an insulated, safe environment for the residents. The four commercial units, with fantastic visibility and access to Ashland Ave are the perfect size for entrepreneurs to get their new businesses off the ground with a bang. The spaces are open, airy and offer flexible layouts that serve a wide range of businesses. The makeup of the residential units is four 1 bedroom units and six 2 bedroom units, each with 1 bathroom. They are all great sized units with big windows and lots of natural light. This is a two story building, convenient for the all tenant types, and also convenient for finishing the rehab (residential plumbing can be PVC, for example). The 4 commercial units will be very easy to fill given their size. They are perfect for NNN tenants like a quick serve restaurant (sandwich shop), barber shop, nail salon, tax/insurance shop etc. The property has been fully demo'd, a new full tear-off roof has been installed, most masonry work is completed and is fully framed out and ready for MEP. Plans have been approved with the city and permits are imminent.
Larger 8 Unit all brick Multi- Family building in up-and- coming Avondale right by South Old Irving Park and the Villa. All eight apartments have 1 Bedrm, 1 Bathrm and Living Rm. Four units have updated kitchens. Whole building is fully occupied by tenants. Most tenants on M/ M basis currently. Basement is full and has four unfinished parts with mechanicals, coin washer and dryer, all 9 meters and plenty of storage areas. Ages of some of components/ mechanicals per the owner: Newer hot water tank (2015). Newer Furnace (2014). Newer vinyl windows. Mix of copper and galvanized plumbing. Roof: total complete new layer after complete repair was done in (2017). Little backyard. Rent Roll is available in Add'l info on MLS. Currently it brings annual rental Income of: $ 143,580! And expenses per the owner are: $ 15,145 plus real estate taxes: $ 16,056 *** SELLERS MOTIVATED. BRING ME AN OFFER *** Convenient location close to Blue line train on Addison St and Expressway I-90.
17,000sq ft, 3 story WAREHOUSE with 2 lots available! The property is situated on a prominent street with heavy daytime traffic. The site benefits from nearby direct on/off ramp access to Interstate 90 & 94, a major expressway averaging over 318,000 vehicles passing by daily. The 2 additional lots are over 11,800 sq ft and can be used for parking or outdoor storage. The ceiling heights on the 2nd and 3rd floor are approximately 15 feet. The warehouse is concrete with concrete floors and brick walls. There is a roll up door in the back of the building as well as a freight elevator shaft.
A mixed use Commercial/Residential property on 63rd St. just west of Oak Park. The property is well maintained and set up for a live in investor who is motivated to self manage the rentals in individual cluster offices. There are 10 offices on the first floor with 2 restrooms. There are 2 more offices on the 2nd floor with private baths. central heat and a/c. This is a great concept for new businesses looking for affordable office rent. The 2 offices are expandable on the second floor with a separate neighboring updated 2 bedroom apartment. There is a lot of income opportunity in the location. Some of the many uses are: Real Estate Office, Accountant, Satelite corporate office, etc.
50' or 2-25' storefronts on busy 63rd st just west of Central ave. Approximately 4200 sq ft of main level storefront plus full basement. Currently used as a resale/thrift store warehouse. The business and inventory is negotiable. A great service building for Midway Airport.
Don't miss out this fantastic opportunity to own and operate your business at the busy area on Irving Park Rd. Owner is retiring and hates to leave this beloved building, and willing to convey the business at no additional fee. Corner lot building offers 12+ parking spaces. Current zoning is B3-1, which allows more types of businesses than B1 & B2 districts. B3-1 allows shopping centers, large stores, and retail storefronts, often along major streets; apartments permitted above the ground floor.
Washington Park-7 Stores (4 Restaurants, 3 stores) High quality Washington Park Retail Center with 4 restaurants & 3 stores. Two blocks from the 51st Street CTA Green Line Station at the intersection of 51st & S Michigan. Excellent visibility corner lot with popular restaurants and good traffic. 9 parking spaces with room for more. 16,257 square foot lot zoned B3-3, approximately 7,833 square foot building, built in 2005. Annual PGI of $182,507 & value-add potential. $2.3 Billion Annual Consumer Spending Ideal post-covid restaurant layouts, primarily take-out with limited dine-in & large kitchens with hoods. Single story building, amply plumbed for additional light food service &/or easily install hoods. 3-mile radius population of 281,310. Average household income of $60,288 & annual consumer spending of $2.3 Billion. Average retail rent is $20.64NNN with a vacancy rate of 4.9%.
Former Medical Office Bldg in HOT Ukranian Village. Needs some TLC, but not a complete reno. First floor is longer (from front sidewalk to alley in the rear) than 2nd floor. Unfinished basement. Working elevator in front lobby services the first and second floors. Both floors are split up into several smaller offices/exam rooms. This property could be made rent ready quite easily, or - like so many other properties in this hot area - could be redeveloped into condos or a mixed use bldg. Sold "as-is".
Attention, Investors, Rehabbers, and Home Owners.... Rarely Available! Hot, Bronzeville Development Opportunity! Beautiful Brick Church Zoned RM-5 (RESIDENTIAL) on 50x162 lot. This property has tons of potential. Current Zoning allows for Single Family or Multi-Unit development. The existing structure can be converted to a Beautiful Single family or multi-Unit. The Lot is buildable for up to 20 units. Selling As-Is, Cash or renovation loans only. No Tax proration, No Survey, all room sizes estimated. Need some notice prior to showing. Surrounded by New Construction. Excellent Prime Development Location with /Great Exposure, Minutes from Mariano's and Expressway, and Hot Bronzeville Commercial Development.
Brick 5-unit apartment building steps away from the incoming Peterson Ridge Metro Station, Hayt Elementary School and Sean High School. The building has newer windows INCLUDING all INTERIOR WINDOW TRIM & CASING throughout the ENTIRE BUILDING. NEWER DECKING & STAIRS. Refreshed Unit 5 when a long term tenant moved out (long-term tenants residing the other 4 units). BUILDING CONSISTS OF ONE 2 BEDROOM 1 BATH UNIT AND FOUR 1 BEDROOM, 1 BATH UNITS. 1ST FLOOR COIN OP LAUNDRY ROOM WITH STORAGE CLOSETS. PICTURES ARE OF Units 1 & 5. SIGNIFICANT CASH FLOW ON THIS BUILDING WITH TREMENDOUS UPSIDE POTENTIAL. Pro-forma rents could be much higher with the new owner. 2 detached car garage. Built 1968, 25x162.8 lot size. As-Is, Where-Is.
Excellent opportunity to own this updated, 5 unit walk up in Ukrainian Village. The building is well maintained and 100% occupancy. New roof 2021, Replaced electrical panels for full building 2023, New furnace in 2F 2023. This turnkey building is easy to operate & manage and includes, come tour with confidence!
Built in 2021 Mixed Use 4-Unit Building in West Town. First floor retail storefront, currently used as a restaurant on a NNN lease and 3 condo quality 2Bed apartments. Sleek, modern interiors designed with an eye for both style and functionality. From open-concept layouts to high-end finishes. Hardwood floors throughout, central HVAC, Washer&Dryer, modern cabinets and tile selections, private outdoor space. Smart turn key newer construction investment building grossing over $200,000 in income with 6.5% cap rate Low Expenses, NNN Lease on Retail Space, Prime Location. Conveniently located in the heart of Chicago this building offer easy access to the city's best dining, shopping, and entertainment options.
Nestled in Englewood's heart, the historic church at 5600 S Green St, Chicago, blends timeless elegance with modern utility, making it an ideal hub for spiritual growth and community outreach. This 10,000 sq ft sanctuary not only accommodates 300 worshippers but also features a fellowship hall for 150, classrooms, a nursery, and offices, equipped with a kitchen and updated facilities. This facility is brimming with comprehensive features: classrooms to nurture educational endeavors, a nursery for the youngest attendees, and ample office space for seamless administration. Key amenities like a fully equipped kitchen, modern bathrooms, and extensive storage ensure every event is catered to perfection. Recent upgrades, including a HVAC system installed in 2016 and a roof renewal a decade ago, underscore the commitment to comfort and peace of mind. Englewood, known for its economic resurgence and cultural vibrancy, offers a rich backdrop for impactful ministry and community engagement. Strategically located for unmatched accessibility, this property is a gateway to downtown Chicago, thanks to nearby CTA Train Line and bus connections. Englewood's renaissance, marked by diversity and a burgeoning cultural scene, presents a unique opportunity for visionary leadership. This community's economic growth and commitment to cultural enrichment make it a fertile ground for new and established congregations or community agencies looking to deepen their impact. 5600 S Green St stands as a testament to faith, hope, and community, offering more than just a physical space-it's a chance to be at the forefront of Englewood's thriving community and economic development. 5600 S Green St represents not just a property, but a portal to impactful leadership in community service.
ALL BRICK 5 UNIT MULTIFAMILY BUILDING FOR SALE IN CHICAGO HUMBOLDT PARK NEIGHBORHOOD.THIS IS A GOOD INVESTMENT PROPERTY FOR AN INVESTOR WITH GOOD VISION TO UPDATE AND MAKE PROFIT OFF MAXIMIZED MARKET RENT.GOOD FEATURE TO NOTE IS THIS PROPERTY IS DIRECTLY ACROSS FROM THE NEW LYFT INNOVATION TERMINAL IN HUMBOLDT PARK WHICH IS CURRENTLY BEING BUILT.LOOK IT UP AND YOU WILL GET AN IDEA OF IT WILL DO FOR THE AREA. CURRENTLY THE PROPERTY IS VACANT. BUILDING BEING SOLD AS IS CONDITION.MOTTIVATED SELLER.BRING ME AN OFFER. IT IS NEGOTIABLE.
Rare find, amazing legacy building with 10 residential apartments and 2 storefront retail/office spaces. Building is fully occupied with no issues with vacancy and long term tenants due to the great location and condition of the building and units. Each of the residential apartments are all being used at 2 bedroom/ 1 bathroom units all with hardwood floors. One of the commercial storefronts is a long time accounting firm who wants to stay on for a year or two with the new owner. The second store front recently became vacant; a "vanilla box" ready for the next tenant. This building has very little deferred maintenance, great condition and a longtime owner who is ready to retire soon. Offering Memorandum could be provided with request.
Introducing an exceptional investment opportunity in the heart of Chicago - a stately greystone 6-unit building that exudes pride of ownership. This remarkable property offers views of downtown from the third floor, while being conveniently located just minutes away from the vibrant dining and shopping scenes of both Bridgeport and Hyde Park. This building boasts tall ceilings that create a sense of spaciousness, complemented by tastefully updated kitchens and bathrooms in each unit. With a full, unfinished basement, there is potential for further expansion or customization to meet specific needs. These units are designed for modern living, providing a turnkey solution for both tenants and investors. Convenience is key, and this property includes parking in the back of the building. There is also opportunity to raise the rents for greater income. This greystone beauty is a rare find in a prime location! Pre-Approved buyers only - Owner will consider all reasonable offers.
Wicker Park/Bucktown store with apartment. Great Brick building with Granite front. Nicely updated apartment and store. Hardwood floors throughout both units. Each unit has 1.5 baths. Apartment has 2 bedrooms, living room dining area and kitchen with laundry in unit. Newer kitchen and baths. Store owns washer & dryer in basement. Parking in rear.
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.