Seven unit center-entrance Greystone apartment building located in the heart of Chicago's booming Uptown neighborhood. Near multiple public transportation options and surrounded by several new-construction apartment buildings. The property features (6) 3Bd/2Ba units as well as a 1Bd/1Ba garden unit. All of the units feature tenant paid forced heat and dishwashers. The property has a 2-car garage and 3 surface parking spaces. Newer electric & mostly copper plumbing, and all of the furnaces have been replaced within the last several years. Current rents are well below market levels.
Prime commercial corner property successfully run as a neighborhood street level retail center with longtime laundromat, nail salon and beauty supply tenants. This 4,800 SF freestanding three unit building produces an 11.6% current cap rate and has 148 ft 71st Street frontage. The building is 100% occupied and each tenant just signed new three or five year leases. Located in Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Easy access to the Edens Expressway and The Skyway. Nearby intersection has 25,000+ VPD. Zoned B3-1 - Community Shopping District. Located in the 67th/Wentworth TIF District and in a Neighborhood Opportunity Grant district.
This mixed-use building on busy Ashland with multiple income streams and a desirable location presents an attractive investment opportunity with the potential for long-term growth and profitability. It combines the convenience of a storefront with the comfort of a 3 bedroom apartment on the second floor. The 3-car garage ensures ample parking, eliminating the hassle of searching for street parking and potentially providing added income. There is a partial basement for extra storage. The building is being sold AS IS
GREAT OPPORTUNITY! 2 income producing STOREFRONTS in sought after area. Located in Archer Heights, off busy, high traffic Archer Avenue! Zoned C2-1. 15 Parking Spaces in the Rear of the building! Property currently rented as a gym. A MUST SEE!
Excellent owner/investor opportunity! Main level w/ offices, conference & waiting room & 2 bathrooms. Approximately 570 SQ. FT. of storage/warehouse space. Private parking for 4 vehicles. 2nd level consists of a 6 room, 3 bedroom updated apartment. Eat-In kitchen , Dinning area & other amenities. Separate utilities , G/F and AC on both floors. High visibility location.
This mixed use corner lot property is the best real estate investment available in Chicago. Become the next to own a long standing restaurant/bar that has been the backbone to the South Chicago neighborhood. Rent the 2nd floor apartments for passive income or live in a unit for easy on-site management. The opportunities to generate income are endless. Location, location, location...this property is conveniently situated just steps from the Metra Train Station and within close proximity to Lake Shore Drive corridor providing swift access to downtown Chicago. Owners are selling the property lock, stock, and barrel. Furniture, fixtures, inventory and equipment are all included. Pick-up deliveries and plenty of regular customers makes for a turnkey investment. TouchTunes and slot machine setup provides additional income. Boiler, (roughly 6 years old) for 2nd floor heat only. Main floor offers central air and heat. Newer hot water heater. Full basement that is used for storage. 40ft shipping container used for storage. Equipped with exterior and interior security cameras. Restaurant/bar seats 55 customers. Receive high profit margins, increase networking opportunities to meet people for both business and pleasure, and be your own boss with this established restaurant/bar today! Being sold "AS-IS". Call/text to schedule your private showing.
Nine apartments all of which are fully rented, five offices three of which are rented, one large hall that is used for parties or meetings as needed and two store front which are vacant at this time. Hall has two bathrooms and 10 parking spots that rented to the tenants, The potential for growth and value appreciation is significant for someone who has a vision. Prime location, walking distance to a variety of restaurants and retailers as well as a CTA bus stop.
Stunning 9-unit Greystone at 1215 S Homan in the growing North Lawndale market! Property features 9 2bed/ 1 bath units with 3 units on each level (Front, Middle, Rear). 4 of 9 units have been recently renovated. Tenant makeup is a mix of 3 subsidized and the remaining market rate with the subsidized units achieving $1,350-1,400 in monthly rent. There is a front and rear basement offering additional storage space for tenants. Building features a mix of copper and galvanized plumbing, gas boiler, and separate electrical meters. Phenomenal opportunity for an investor to increase rents by remodeling the remaining units and occupying with subsidized or market rate tenants.
6557 S. Minerva is a rarely available ten (10) unit walkup located just outside of Hyde Park in Chicago's East Woodlawn neighborhood. The property is located just blocks from the prestigious University of Chicago and the construction site of the future Obama Presidential Library, 6557 S. Minerva is comprised of five (5) 2Bd/2Ba, four (4) 3Bd/2Ba, and one (1) 3Bd/3Ba units. During a complete gut rehab in 2004, all four (4) first floor units were duplexed down and the building was deconverted from twelve (12) to ten (10) units to create two (2) penthouse apartments by consolidating the third floor units in both tiers. All units feature incredibly spacious layouts with updated kitchens and baths. Throughout the years, the building has undergone extensive renovations consisting of, but not limited to: 100% copper plumbing, new electric service w/ in-unit breaker boxes, individual furnaces & hot water tanks, in-unit washer and dryers, and an abundance of cosmetic updates. 6557 S. Minerva presents an investor with the opportunity to acquire a rarely available and highly desirable building in one of Chicago's best neighborhoods. From day one, a new owner will benefit from an incredibly stable and long-term tenant base. However, with most of the building's current rents being substantially below current market levels-there is a tremendous amount of value to be added solely by stabilizing rents to levels already being achieved in the building.
This well-maintained building at the NW corner of Touhy Ave and California Ave is a great investment opportunity. There are seven stores; 3 commercial spaces face Touhy Ave and 4 commercial spaces face California Ave. Please do not disturb tenants; call our office for all questions. Seller is highly motivated and ready to move because of health-related issues.
Near lighted intersection - Belmont Ave / Oak Park Ave in the Schorsch Village neighborhood of Chicago - Fully leased, well maintained (approx.) 6,500 sf multi-tenant neighborhood corner retail strip. Ideal for the long term investor or for redevelopment. 80 feet of storefront on high traffic Belmont Ave. Approx. 10,137 Sf lot. Some parking in the rear. Surrounded by a diverse mix of residential, retail and office: Family Dollar, Insurance, Real Estate, Walgreens, restaurants, condos and single family homes.
* 5 unit building with 4 residential and 1 commercial space * Two 2 bed / 1 bath and two 1 bed / 1 bath with decks * Residential units have had many updates including kitchens and baths as well as washer and dryers in units * Retail operated as longstanding bar/restaurant * Business included in sale * Licenses included: Incidental, Retail food, patio and PPA * Occupancy 99 inside, 40 outside * Main room has full bar with beer taps, DJ booth, dining area, fireplace and 2 multi-stall bathrooms * Kitchen has hood and black iron for full dining operation * Full basement with coolers, storage, prep, office and more * Additional garage area with large walk-In cooler and room for parking or more storage * Roof updated in last 5 years and mechanicals updated within 3 years * Short walk to Division Street Blue Line stop and 1/4 mile to Kennedy expressway * Area tenants include Jimmy Johns, Target, Milk and Honey, Collectivo, Cheba Subs, Fat Pour, Fed Ex, Rainbo Club
Single-story commercial building for sale in Old Irving Park. Excellent signage and visibility on high traffic Irving Park Road (29,700 Vehicles per Day). Former dental office with large reception, offices, and large kitchen. Located next to attractive new library and apartments. Short distance to public transportation and I-90. Street parking is available. Well populated neighborhood, nearby Albany Park, Mayfair neighborhoods.
A TWO BUILDING INVESTMENT PACKAGE and Future Development Opportunity in Wicker Park/Bucktown. Unlock the potential of Chicago's vibrant Wicker Park neighborhood with this two-for-one sale, a prime investment and future development opportunity. Nestled at the corner of North Ave & Hermitage, this mixed-use property comprises two distinct parcels, each with its own PIN #, and is strategically zoned B3-3 perfect for seasoned investors and developers. ****1734 W. North Ave boasts a 2-story structure with a basement, offering approximately 6,200 SF of commercial space. Additionally, it features two apartments, each comprising 2 beds/1 bath. On the adjacent parcel, ****1736 W. North Ave, a 3-story building with a basement provides around 5,250 SF of commercial space. This parcel further includes four apartments, each featuring 2 beds/1 bath, and the added convenience of four dedicated parking spaces. Strategically positioned on the bustling North Avenue, this property capitalizes on high traffic flow, surrounded by an array of bars, eateries, and unique shops. Accessibility is key, with the 90/94 Expressway easily reachable and the Damen Blue Line 'L' Station just 0.6 miles away. This station offers direct routes to the Chicago Loop and O'Hare Airport, ensuring seamless connectivity for residents and patrons alike. For those seeking outdoor recreation, the property is just a 3-minute walk from the access point to "The 606", an elevated public trail that adds an attractive dimension to the area. The potential for both immediate commercial returns and long-term development gains makes this property a compelling choice. To further assist your due diligence, a survey and information on several area incentives are available upon request. Seize this opportunity! contact us now to explore the possibilities. (The building data in this listing combines county based data for two properties.)
Single-story former medical/office building for sale in Old Irving Park. Excellent signage and visibility on high traffic Irving Park Road (29,700 Vehicles per Day). Former dental office with large reception, offices, and large kitchen. Located next to attractive new library and apartments. Short distance to public transportation and I-90. Street parking is available. Well populated neighborhood, nearby Albany Park, Mayfair neighborhoods.
Mixed use building features 3 apartments which are 2 bed/1 bath each with central heat and freshly renovated storefront. Property has large 2.5 car garage, courtyard space and a huge vacant attic space. Storefront space is vacant and ready to go. 3 apartments and garage are producing rent to make this a great opportunity for an owner investor! Hot Avondale location right next to Belmont Ave bus stops and only a couple of blocks away from the Kimball Ave Blue Line Station and near expressway as well. This great opportunity won't last!
This multifamily real estate opportunity is in the Groveland Park neighborhood of Chicago. The subject property of 623 East Groveland Park is located 6.3 miles south of Chicago's downtown Loop area. The property is in an exclusive gated community along the shores of Lake Michigan. The unit mix for this property includes six three-bedrooms / one-bathroom units that measure 1,100-1,200 square feet. The units have open floor plans and are newly renovated with modern finishes. The units feature stainless steel appliances, dark hardwood floors and fresh paint. The building has been well maintained through the current ownership. Recent capital improvements include new plumbing, electric, HVAC, roof and other quality finishes around the property. There is also on-site laundry for additional income for the new owner. Parking and storage are currently included in the rent for the tenants.
Discover the unparalleled potential of 7920 S Greenwood Ave, a remarkable 12,500 square foot gem nestled in Chicago's vibrant Chatham community. Formerly an adult day care center, this awe-inspiring facility underwent a breathtaking transformation in 2021, evolving into a dynamic hub tailored to meet the diverse needs of multiple businesses, spanning technology, hair/skin care product manufacturing, and consulting. Step into the southern side of this extraordinary space and be greeted by two meticulously renovated office spaces, complemented by a brand-new office exuding contemporary elegance. A revamped mail room/IT room sets the stage for seamless operations, while a transformed library now boasts a state-of-the-art multimedia conference room, designed to inspire collaboration among teams of 8-12 visionaries. Indulge your senses in the southern realm's culinary haven-a fully equipped kitchen beckoning culinary creativity. Across the expanse, an airy open room hums with artisan manufacturing prowess, adjoined by a capacious garage that will house over 10 cars, effortlessly accessed by a roll-up door. Completing this sanctuary are two lavishly appointed bathrooms, adding a touch of luxury to every corner. Journey to the northern side of this architectural masterpiece, where two expansive offices await, each a sanctuary of productivity and innovation. A revitalized welcome area/lobby greets guests with sophistication, while a sprawling open space beckons as the perfect canvas for transformative conferences or additional office sanctuaries. This wing also houses two additional bathrooms, alongside raw, unrenovated space ripe with potential for conversion into co-working paradises. Bask in the glow of recent updates-a meticulously repaired roof, meticulous tuckpointing and masonry work, plumbing enhancements including a new water heater and four gleaming toilets, and the installation of some new doors, elevating the ambiance of the conference room and lobby with an air of contemporary chic. Envision the limitless possibilities of this extraordinary space, originally envisioned as a beacon for entrepreneurial spirits, startups, and non-profit entities seeking to carve their path to success. This Property is Being Sold As Is, this unparalleled opportunity invites you to step into a realm where dreams are born and greatness is realized.
Investors to the front! Excellent rental upside. Rehabbed in 2017 6 unit mixed use building. One storefront, two 3 bed 1 bath and three 2 bed 1 bath contemporary apartments with eat in kitchen, living room and dining room. New front facade. Hardwood floors. All units have central air and heat. Individual hot water tanks. Thermopane windows with mini blinds. Coin op W/D in basement. Individual storage rooms. Security buzzer system. Large decks for rear units. Sunny and Bright! Eat in kitchens with custom cabinets. Stainless steel kitchen appliance package. Self cleaning oven with convection. Dishwasher. Built-in microwave. Garbage disposals. Bathroom includes modern vanity + medicine cabinet with modern lighting. 3 parking spaces. Long term commercial tenant has lease until 2026. Walking distance to tons of bars and restaurants. Close by the park, easy walk to Chicago Ave/Division St Buses.
6334-40 North Clark Street is a 2-story mixed-use investment property with three (3) street level retail units, leased by Gracie O'Malley's, a popular Chicago Bar with three downtown locations (Edgewater, Wicker Park, and Six Corners), Sauce and Bread Kitchen (SBK), and Co-op Sauce. Sauce and Bread Kitchen (SBK) owns and operates Co-op Sauce and the two adjacent suites are on the same lease. The apartments are comprised of twelve (12) residential units consisting of one (1) Studio unit, five (5), 1-Bedroom/1-Bathroom units, three (3), 2-Bedroom/1-Bathroom units, two (2), 3-Bedroom/2 Bathroom units, and one (1), 4-Bedroom/2-Bathroom unit. The Property also features a detached four bay garage, which can generate additional revenue. The property benefits from rehabbed commercial spaces, updated plumbing and electric, and a brand new tear off completed in 2024. With strong commercial tenants and 100% occupancy on the apartments, this stable investment presents plenty of additional upside.
This exciting investment opportunity features three adjacent 3-unit new construction apartment buildings located in Chicago's Belmont Cragin neighborhood in a CHA Mobility Area. Completed in 2022, each building consists of three 3BD/2Ba units with luxury finishes, individual HVAC, and in-unit laundry. The apartments layout favorably with open floor plans and a large primary bedroom/bath. Units feature a dedicated parking space, private balcony or patio, storage, and individual water tanks. This is an opportunity to buy a newly-constructed, well-designed and highly-amenitized asset that is among the nicest product in a still affordable submarket. Achieve stability and rent upside with professional management and leasing. The properties are situated northwest of downtown Chicago near Hanson Park in the Belmont Cragin Neighborhood. This quiet area is primarily residential and light industrial uses. The subject property is 1 block from the Metra Hanson Park station and near CTA bus routes. This is a portfolio with 2 separate PIN's - properties can be sold separately.
Opportunity in the vibrant community of North Lawndale! Boasting unique architectural features, this six-unit building offers tremendous potential for increased rental income through modern updates. Featuring three 2-bedroom/1-bath units and three 4-bedroom/1-bath units with spacious rooms and high ceilings. Each unit is individually metered and includes its own furnace and water heater. A private enclosed stairwell provides two entrances and exits per unit, and exterior back stairs provide deck areas for the two-bedroom units. Conveniently located, the property is near essential amenities, public transportation, parks, schools, and shopping centers, making it an attractive choice for residents. Building requires some renovation and is sold AS IS. Preserving and enhancing its unique features will increase appeal and positively contribute to the neighborhood's value. With easy access to I-290, local bus stops, and just 0.08 miles from both the blue and pink line EL trains, this is a gem for savvy investors.
Amazing location for a savvy investor! Humboldt Park area, just a couple of blocks from the 606. 3 legal units include one 2 bath storefront (with basement), one 2 bed/1 bath apartment, and one 3 bed/2 bath apartment. Excellent tenants, rents have room to increase. Store has open loft feel with exposed brick, hardwood floors throughout, two bathrooms, central air, high ceilings. Includes full unfinished basement for storage. Apartments have been rehabbed with updated kitchens, baths, and dedicated laundry. Second floor (3 bed/2 bath apartment) also has central air and in-unit laundry. Fenced backyard offers many possibilities for summer enjoyment.
Discover the perfect investment with this 15-unit brick property, currently bringing in $15,680/month in gross rents. This property features a desirable mix of two-bedroom, one-bedroom, and studio apartments, plus an adjacent parking lot for tenant use. Located on a desirable block, this property boasts spacious living spaces that cater to a wide range of tenants. Meticulously maintained, it demonstrates the owners' commitment to quality, with a gas forced air system for efficient heating and separate utilities to minimize landlord expenses. Situated in a safe, quiet area just 20 minutes from the loop, tenants enjoy proximity to amenities, including shopping, dining, parks, and public transport. Offering a mix of rehabbed, updated, and vintage units, this property presents a significant value-add opportunity through potential rent increases, further renovations, and additional income streams like paid parking. An exceptional chance for both seasoned investors and newcomers, this property promises stability and significant growth potential. May be purchased as a portfolio with 6221-6235 W Wabansia, Chicago, MLS#11984243.
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.