Courtesy: RE/MAX Properties Northwest
847-698-7000
Your opportunity to own an income generating, fully leased mixed-use building in the heart of Gladstone Park. Located on high-visibility Northwest Highway directly across from the Gladstone Park Metra station, this property offers a turnkey investment in a great location. The building includes one commercial space with a full basement, currently operating as a restaurant/cafe, plus three residential apartments and an attached garage. Residential units include one spacious 2 bed/2 bath with the garage and two 1 bed/1bath units. This transit-oriented asset features stable cash flow and a reliable tenant base - an ideal opportunity for investors seeking long-term income in a well-connected Northwest Side location. All residential units have received new HVAC, plumbing, electrical, and water heaters within the past five years. The commercial space features updated plumbing, electric, and HVAC systems (2009) along with a newer water heater. The rubber-coated roof was recoated in 2020, ensuring long-term durability and reduced maintenance costs. Nearby parks, schools, and walkable residential blocks enhance the area's livability, while the building's proximity to downtown Chicago and O'Hare International Airport further amplifies its appeal. This property represents a rare opportunity to invest in a stabilized, mixed-use asset in one of Chicago's most connected and resilient neighborhoods.
Courtesy: Rexson Realty
773-736-6300
Damen Ave! 1,600 sqft of prime retail / office space available for lease. 907 N Damen offers a prime commercial space in the heart of West Town/Ukrainian Village with unbeatable visibility and accessibility. The unit was previously used by a food delivery service and remains perfectly configured for catering operations, commissary kitchen use, or a ghost kitchen concept. Existing Kitchen Setup: Infrastructure well-suited for food preparation and catering. Rear Parking: Includes 2 cars!!! Rare in this corridor and ideal for delivery vehicles or staff. Flexible Layout: Open floor plan can adapt to additional retail, office, or service use. Strong Location: Steps from residential density, popular restaurants, and neighborhood amenities
Courtesy: Keller Williams ONEChicago
312-216-2422
Rare opportunity to find a newer construction apartment building at this price point with upside opportunity. This impressive 7-unit property, originally built as condos in 2004, offers an attractive real estate investment in a prime location. This solid brick and block construction building features elevator service to all floors. The building consists of six spacious 2-bedroom, 2-bathroom units and 1 store front (or 7th apt) and 6 attached garage spaces. The 7th unit features a separate entrance from the sidewalk, making it ideal for a small business office space or short-term rental. Located on the Near West Side of Chicago, walking distance to the United Center Arena, Madison St bus lines, Illinois Medical District, and expressways. Tenants will love the easy commutes and convenient access to amenities, entertainment, and transportation. Rents are considerably below market and present the opportunity to increase cash flow and ultimately property value, with new leases. We project an NOI of $143,006 and corresponding CAP rate of 7.7 when new rents are put in place. With its newer construction, prime location, feature-rich units, and the potential for future rent growth & value enhancement, this 7-unit apartment building represents a solid investment choice. Call today.
Courtesy: Troy Realty Ltd
773-792-3000
Prime Location in Chicago. Solidly constructed 5,500 sf industrial/warehouse building on a 6,500 SF lot. Solid 3-layer masonry walls. Thick concrete floor throughout for heavy duty loads with floor drains. Barrel truss roof provides a clear span of 11'-16' ceiling heights. Electricals are 120-240V/100A/1ph-3ph. 5 parking spaces and 1 drive-in door (10'x10'). Across the street from a Coca-Cola vending facility, Walmart, Home Depot, Menards and Washington Square Mall are all within 1 mile. Perfect for a manufacturer, contractor, warehousing, or many other uses.
Courtesy: Millennium Properties RE, Inc.
312-338-3000
Prime mixed-use opportunity directly across from Marquette Park! This well-maintained building offers approximately 4,500 SF of ground-floor retail/office space, easily divisible into two separate units. The upper level features three residential apartments currently generating $4,000/month in rental income, providing immediate cash flow. Additional highlights include two, 2-car garages on site and B1-1 zoning, offering flexibility for a variety of business and investment uses. Perfect for an owner-user looking to operate their business on the ground floor while offsetting expenses with rental income, or for an investor seeking a stable, income-producing asset in a strong neighborhood location. With high visibility, strong foot and vehicle traffic, and a prime location across from the 318-acre Marquette Park, this property offers a unique blend of business potential and long-term investment upside.
Courtesy: Keller Williams ONEChicago
312-216-2422
Proud to present the exclusive offering of 10947 S. King Drive, a six-unit multifamily property strategically located in Chicago, Illinois. This asset features six expansive two-bedroom, one-bathroom apartments, each averaging 1,400 square feet, for a total building size of 8,709 square feet. The property is offered at $475,000, representing an attractive basis of $79,167 per unit and $55 per square foot-well below replacement cost and highly competitive for the submarket. Currently, the property produces a net operating income (NOI) of $36,983, supported by average in-place rents of $1,005 per unit. This equates to a cap rate of 7.79% and a gross rent multiplier (GRM) of 6.56, providing investors with strong immediate cash flow. However, the true value of this opportunity lies in its compelling value-add strategy. With a targeted renovation investment of $10,000 per unit-or $60,000 in total-an investor can reposition the asset by updating interiors to meet market expectations. These improvements unlock higher market rents averaging $1,500 per unit, increasing gross potential income and elevating the NOI to a pro forma $68,356. At stabilization, the property achieves a pro forma cap rate of 12.78% and reduces the GRM to 4.95, reflecting a highly efficient and profitable multifamily investment. The property's fundamentals further enhance its appeal. Each apartment offers exceptionally large floorplans compared to typical two-bedroom units in the area, providing a competitive advantage in tenant retention and reducing turnover. The expansive layouts are ideal for families and working professionals, ensuring broad tenant demand and positioning the property as a long-term rental option. The combination of oversized units, affordable pricing, and an easily executable renovation plan creates a rare investment profile: immediate income, clear upside potential, and long-term appreciation. From an investor's perspective, 10947 S. King Drive delivers on multiple fronts. The affordable entry point minimizes acquisition risk, while the renovation strategy is straightforward and capital-light, avoiding costly mechanical or structural upgrades. The property's in-place cash flow ensures near-term stability, and the projected double-digit returns provide exceptional upside. With strong fundamentals, proven value-add potential, and an advantageous price per unit, this offering represents an outstanding opportunity for both seasoned investors and those looking to enter the multifamily space with a high-yielding asset.
Courtesy: Nelly Corp Realty
773-929-1200
Outstanding opportunity to own a well-maintained mixed-use building in the Portage Park. This property includes two PINs (5938-5940) and offers incredible flexibility for both investors and owner users. The main level features 3,000 sq ft of open commercial space with high ceilings and exposed brick. Large employee kitchen, 4 bathrooms, ample storage and private parking. This property is perfect for a variety of business types, including retail, professional or medical offices, personal services, restaurant/cafes, fitness studios and more. Above commerical space is a beautifully renovated (2024) 1,000 sq ft. apartment (2 beds, 1 bath) with new kitchen and appliances, hardwood floors, new furnace, new water heater, central air and new electrical service. This residential unit is ideal for additional income or live/work use. Tenant occupied. Other upgrades include a full tear-off and new decking on the upper roof (2023), Lower roof approx 10 yrs old, parking lot sealed (2021). Property is in great condition. Sold AS-IS. Schedule your tour today!
Courtesy: Keller Williams ONEChicago
312-216-2422
PRIME INVESTMENT OPPORTUNITY: Partially OCCUPIED WEST CHATHAM RETAIL CENTER Strategically positioned in Chicago's vibrant West Chatham neighborhood, this exceptional 2005-built retail strip center presents a compelling investment with immediate cash flow potential. Featuring six uniquely different retail units, this property delivers consistent income with established tenants. PROPERTY HIGHLIGHTS: * Built in 2005 with modern construction and well-maintained systems * High occupancy rate across the development, with consistent demand * High-visibility location with prominent pylon signage * Generous parking with 29 dedicated on-site spaces * Former bank branch turned dry cleaners-offering premium build-out potential * Modified leases where tenants cover all utilities * Excellent traffic exposure in a bustling commercial corridor UNIQUE OPPORTUNITY:The current owner operates a successful dry cleaning business on-site, providing flexible options for investors. Purchase the business along with the property for additional income streams, or the owner is willing to remain as a tenant with favorable lease terms. This turnkey investment opportunity combines prime location, stable tenancy, and attractive lease structures in one of Chicago's growing commercial districts. Perfect for investors seeking reliable income with minimal management requirements.
Courtesy: Smart Home Realty
630-870-1000
Selling a well-established dry cleaning business with over 20 years of successful operation and a loyal customer base. This is an ideal opportunity for anyone looking to own a small business or expand their existing portfolio. Only the business and equipment are included in the sale. Owners are willing to provide training for up to 3 months after closing to ensure a smooth transition. The business is being sold due to retirement.
Courtesy: RE/MAX Premier
312-475-1717
Excellent location in Ukranian Village, minutes from downtown, public transportation, easy accesses to expressway, conveniently located near Chicago Ave shopping and dining. Walking distance to Division and Damen intersection. This building has 6 units with 2 bedroom/1 bath and it is fully rented. Units need some work. Motivated sellers, sold as is.
Courtesy: Strauss Realty Ltd
773-736-3600
4,378 SF single-story office building with 4 storefronts for sale or lease. Great for medical offices. Excellent visibility on high-traffic Devon Avenue (22,400 vehicles per day). Prime location with immediate access to I-94, and only 10 minute walk to Edgebrook Train Station. Located in Edgebrook, a family-friendly Chicago neighborhood known for its public parks, forest preserves, and golf courses. Each tenant has individual HVAC.
Courtesy: Baird & Warner Fox Valley - Geneva
630-377-1855
Ultra busy North Ave. location two blocks from new Rush North & Harlem Outpatient center. Two story all masonry construction, first floor open layout with 1 half bath, second floor has 6 offices with a common foyer/reception area. Revenue generating advertising billboard on the roof with two month-to-month tenants. Rubber roof installed approximately two years ago. Parking for six vehicles behind the building.
Courtesy: Friedman Real Estate IL LLC
773-213-0296
Priced above 10 Cap Rate on current income! $107,593 income with one retail vacancy. Perfect Property For New And Experienced Investors! Don't miss out on this newly remodeled building that features 6 apartments and 8 retail/office storefronts equaling 14 income producing units. The 6 residential units are one 2bed/1bath, and five 1 bed/1bath. 5 apartment units have been renovated with individual gas forced heat and hot water heaters. 8 storefronts also have gas forced heat and central air. Tenant Pays cooking gas, heat, elec. Owner pays ins, tax, water. Conveniently located to Metra 79th St Station and Interstate. Walk into this deal with equity! Property located in a opportunity zone area so there are many city grants available. Located in up and coming Chatham and close to newly planned $9 Billion dollar Quantum Computer Campus.
Courtesy: Century 21 S.G.R., Inc.
312-326-3697
Bright and versatile 825 SF retail/office space in the heart of the South Loop! Featuring high ceilings, hardwood floors, expansive front windows for natural light and visibility, 3 private offices/treatment rooms, spacious reception/waiting area, and an expansive restroom. DX-5 zoning offers flexibility for a wide range of uses, ideal for retail, professional services, medical, or creative suite concepts. Parking space assigned and included. Positioned near McCormick Place, Wintrust Arena, public transit, and major expressways, this space combines convenience, visibility, and functionality, located right on Wabash Avenue at the stop light intersection of Cullerton Avenue.
Courtesy: Century 21 S.G.R., Inc.
312-326-3697
Bright and versatile 825 SF retail/office space in the heart of the South Loop! Featuring high ceilings, hardwood floors, expansive front windows for natural light and visibility, 3 private offices/treatment rooms, spacious reception/waiting area, and an expansive restroom. DX-5 zoning offers flexibility for a wide range of uses, ideal for retail, professional services, medical, or creative suite concepts. Parking space assigned and included. Positioned near McCormick Place, Wintrust Arena, public transit, and major expressways, this space combines convenience, visibility, and functionality, located right on Wabash Avenue at the stop light intersection of Cullerton Avenue.
Courtesy: Century 21 S.G.R., Inc.
312-326-3697
Avondale 7-Unit. This well-maintained property offers a diverse mix of apartments, including a spacious four-bedroom duplex-up, three two-bed/one-bath units, two one-bed/one-bath units, and a garden apartment that also leases the attached coach house. Together, they provide over 7,000 sq. ft. of rentable space across a 3&1/2-story all-brick front building and a single-story all-brick coach house. Each unit features refinished hardwood floors, updated kitchens and baths, and individual gas heat and hot water tanks. Four units enjoy private in-unit laundry, while additional common laundry is available in the basement. The property has benefited from significant recent capital improvements, including a new sewer connection (2022), gutters (2021), basement sump pump and flood prevention system (2020), and new basement windows (2020). Ideally located just two blocks from the Blue Line and steps from the heart of Logan Square's dining and entertainment scene, this property consistently attracts tenants. A strong cash-flowing investment in one of Chicago's most in-demand neighborhoods.
Courtesy: Best Chicago Properties, LLC
312-563-5300
Commercial condo space on Ashland with ground floor access and high visibility frontage near the Diversey/ Ashland Corridor and one exterior parking space included. This flexible space features concrete flooring, floor to ceiling windows, private entrance, separate spaces for reception office, conference room, galley kitchenette, and full bathroom including integrated shower. One exterior assigned parking space is included in price. Great location close to Diversey Brown Line, Clybourn Metra, Ashland bus, Diversey bus, quick drive to 90/94 and LSD.
Courtesy: Strauss Realty Ltd
773-736-3600
For Owner-User or Investor Opportunity! Purchase or lease this versatile 2,900 SF commercial building with a gated rear parking lot. Ideally located just east of Narragansett and Addison, the property offers excellent visibility and accessibility. The bright interior boasts a 10'5" ceiling and is currently divided between two tenants: a modern 2,000 SF office suite with seven private rooms and a 900 SF storefront barbershop. Gated parking lot in rear accommodates up to seven vehicles. Perfect for professional offices or service-based businesses such as law, accounting, tax preparation, insurance, or mortgage services.
Courtesy: Century 21 Circle
773-465-4200
Versatile Warehouse/Light Industrial building in Prime Irving Park/North Center Location located between Pulaski Rd. and Cicero Ave. centrally positioned warehouse/light industrial property offers an exceptional opportunity for a variety of users. A major east-west thoroughfare connects this site to multiple vibrant neighborhoods and is well-served by the CTA Blue and Brown Lines, providing excellent transit access to downtown and the greater Chicago area. Approx. 11,000 Sq. Ft. total building area includes 3,500 Sq. Ft. of built-out office space with 2-overhead doors (side and rear) for convenient loading/unloading, 2-restrooms, with M1-1 Zoning allows for a wide range of commercial/light industrial uses neighboring major retailers and near restaurants, services, and amenities. Walking distance to public transportation Quick access to I-90/94, Lake Shore Drive, and O'Hare International Airport. Ideal for manufacturing, distribution, logistics, creative workspace, or flex uses. The location is highly sought-after due to its centrality to both the city and suburbs, making it ideal for businesses needing efficient access to Chicago and beyond. Per seller's direction, interior access requires buyer bank approval/acknowledgment letter.
Courtesy: My Realty Chicago Inc
773-463-0000
Prime Storefront/Office Space with Finished Basement & Parking! Move right into this versatile commercial condo at the bustling intersection of Pulaski, Elston, and Montrose in Chicago's vibrant Old Irving Park. Just minutes from Six Corners Shopping District and with direct access to I-90 & I-94, this high-visibility location is ideal for medical, professional, or retail use. The main level offers an open, flexible layout while the finished basement provides over 500 sq. ft. of additional space with a private back entrance-perfect for storage, offices, or break area. One assigned parking space in the rear ensures convenience for staff or customers. Low monthly HOA of $226 covers water, garbage, and snow removal, making ownership hassle-free. Ready for immediate occupancy-bring your business or investment vision to one of Chicago's fastest-growing commercial corridors!
Courtesy: Strauss Realty Ltd
773-736-3600
Rare food production building for sale or lease in McKinley Park. Property features a 5,000 SF office space, 5 docks, 20 parking spaces and gated outdoor area. 32,500 SF building - divisible per floor. Land size is 46,609 SF. Food grade build-out with freezer, coolers and multiple kitchens. Second floor space is for office use of conference room and storage. Recent improvements include a new roof, new elevator motor, new HVAC/make up air. Great opportunity for owner or investor! Close to highways, Chicago CBD and Midway Airport.
Courtesy: Exit Strategy Realty / EMA Management
312-767-0572
Maximize your ROI with this exceptional middle-income rental development opportunity! This solid Chicago brick building, complete with balconies, is strategically located in a transit-connected hub, blocks from Metra, Jackson Park, and the Obama Library site, and just a stone's throw from the lakefront. Though in need of a full rehab, the payoff is immense. Currently set up as six 2 Bed/1 Bath units, the exceptionally high basement provides valuable space for potential expansion and increased revenue. This isn't just any building; it's a solid masonry structure with a steel center beam, built to last, a tank of a building. Plus, enjoy the added convenience of a brick 5-car garage on the alley. Seller willing to offer seller financing for this building.
Courtesy: eXp Realty
888-574-9405
Turn-key restaurant space ideal for carry-out, delivery, or quick-service operations. This commercial kitchen is fully equipped with a service window, 4 Vulcan warmers, commercial freezer, refrigerator, stove, fryer, sinks, and stainless-steel prep tables. Designed for efficiency, the layout supports high-volume food preparation without the need for dine-in seating. Added features include security windows for peace of mind. Convenient location with excellent visibility and accessibility makes this an outstanding opportunity for entrepreneurs and established food service operators looking to expand. Brand new Furnace! New Water Tank, New Drywall, New Plumbing!
Courtesy: RE/MAX Mi Casa
773-767-1616
MUST SEE THIS BRCK BUILDING MIX USE FEATURES NICE SIZE STORE FRONT ,AND A 3 BEDRROM APARTMENT ,THE PRICE INCLUDES EMPTY LOT NEXT TO BUILDING FOR EXTRA PARKING EASY TO SHOW ,SOLD AS IS ,SEELING AS IS,
Courtesy: Coldwell Banker Realty
847-866-8200
Prime Fulton Market District / West Loop Commercial Condo for Sale - 2977 Sqft of Versatile Office Space. Step into one of Chicago's most sought-after locations with this stunning commercial condo in the heart of the vibrant Fulton Market. Perfect for any business looking to establish itself in the epicenter of innovation and creativity, this "work only" space is designed for functionality and style. The expansive, open floor plan boasts soaring 13' ceilings and includes: Two enclosed offices-a spacious 17'x14' office and a more compact 10'x8' office. Full bathroom with a bathtub and shower. Two half bathrooms for guests and full galley kitchen. Ample storage throughout the unit. Handicap accessible. For added convenience, the space features a separate cargo entrance with double doors for easy unloading and moving. Plus, a dedicated mechanical room within the unit for all your operational needs. Unit 102 is strategically located near the raised shipping dock, making logistics a breeze. The Fulton Park Campus, which will be developed across the street, will include beautiful green space to further enhance the area's appeal. With some of Chicago's best restaurants, bars, and tech giants just blocks away, your office will be in the center of it all. Public transit is easily accessible with the Green and Pink Line stops just a few blocks east. Don't miss the chance to secure your spot in one of the most desirable commercial areas in the city! Also located in Fulton Market TIF zone.
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.
