GRAND & ELEGANT DEFINES THE HISTORICAL MAMMOTH LIFE AND ACCIDENT INSURANCE COMPANY LIMESTONE BUILDING. ARCHITECT HENRY L. NEWHOUSE. CHICAGO'S 1ST BLACK OWNED INSURANCE COMPANY. BUILT IN 1925 THIS 7,500 SQUARE FEET BUILDING IS LOCATED IN THE HEART OF BRONZEVILLE/GRAND BOULEVARD 47TH STREET EMERGING RETAIL DISTRICT! ZONED B3-3 COMMUNITY SHOPPING DISTRICT, ALLOWS MORE TYPES OF BUSINESSES WITH APARTMENT PERMITTED ABOVE THE GROUND FLOOR. CLOSE TO GREEN LINE, LAKE SHORE DRIVE (EAST) AND DAN RYAN EXPRESSWAY (WEST) 15 MINUTES FROM DOWNTOWN CHICAGO. THIS PROPERTY OFFERS THE MOTHER LOAD OF REDEVELOPMENT OPPORTUNITIES! SOLD "AS IS". THIS PARCEL IS SUITED FOR A CREDIT UNION, BANKING INSTITUTION, ALL OFFICE TYPE BUSINESSES. NEEDS COMPLETE REHAB. SELLER HIGHLY MOTIVIATED CONSIDERING ALL OFFERS.
A mixed-use property located in the Belmont Cragin neighborhood is available for sale. This two-story property consists of a office space on the first floor and lower level and two apartments on the second floor. Situated on heavily-trafficked stretch of Western Avenue, this is a great opportunity for a user or investor. The parcel could be fully redeveloped for residen a residential development with potential for development of five residential units and commercial space. West Edgewater has benefited from steady growth in population and renewed investment. Local businesses enjoy a strong residential consumer base, great public transportation, and quick access to the Expressway.
Welcome to this exceptional mixed-use commercial property, boasting a generous 10,500 sqft of versatile space, perfect for a wide range of business opportunities. Strategically located in a high-traffic area, this property promises excellent visibility and accessibility, making it an ideal investment for savvy business owners and investors alike. Main Level Storefront: The main level features a spacious storefront with expansive windows, providing ample natural light and an inviting atmosphere for customers. This area is perfectly suited for retail businesses, offering a flexible layout that can be easily customized to meet your specific needs. The high ceilings and open floor plan enhance the overall appeal, creating a welcoming environment for shoppers and clients. Upper Levels 2 & 3 presents a fantastic opportunity for additional income through rental spaces. With separate entrances, this area can be utilized for office spaces, studios, or even residential units, depending on your vision and zoning allowances. The versatility of this space allows for multiple configurations, catering to various tenant requirements and maximizing your return on investment. Prime Location,Large Storefront Windows,lexible Layout,Income Potential, Modern Amenities. This mixed-use property is not just a place of business but a strategic investment. The combination of a prominent storefront and potential rental income from the upper levels makes it a highly attractive option for investors looking to diversify their portfolio. The property's versatility ensures it can adapt to market demands, providing long-term stability and growth. Don't miss out on this unique opportunity to own a prime piece of commercial real estate that promises both immediate returns and future appreciation. Schedule a viewing today to explore the endless possibilities this property has to offer.
Welcome to a rare opportunity in the heart of Chicago's coveted Chatman area-a unique 6-unit building awaiting transformation into a lucrative investment. This property promises not just potential but a canvas for significant value appreciation after renovation.Imagine a charming structure with distinct architectural character, nestled in a vibrant neighborhood known for its appeal and growth potential. Each unit presents an opportunity to redefine urban living, whether through modern upgrades, sleek designs, or eco-friendly amenities.Serious investors understand the value of location and potential. The Chatman area is not just a sought-after neighborhood but a strategic investment hub, offering proximity to key amenities, transportation, and a thriving community. This is more than just another building-it's a project poised for transformation. Whether you're prepared to roll up your sleeves or assemble a capable team, the vision for this property is clear: elevate its stature, enhance its appeal, and capitalize on the booming market demand. Consider this a canvas for your investment portfolio-an opportunity where vision meets potential. The value post-renovation speaks for itself. Are you ready to seize this unique opportunity and unlock its full potential?
Gorgeous commercial 1040 SqFt space for rent, located on one of the main streets in Chicago - Irving Park Rd. One of the standout features of this commercial space is its large and fully-equipped kitchen, complete with a pizza oven. Newer construction building, High ceilings, great condition, breathtaking landscape windows. This commercial space is perfect for a wide range of businesses, including cafes, bakeries, restaurants.
Motivated sellers. Bring all offers. Ten unit strip center fully leased. 11,800 VPD (IDOT) Excellent NOI with rental increases. Taxes have been contested and reduced. Ashburn is a neighborhood located on the south side of Chicago [Wikipedia Ashburn Chicago]. It's known for its mix of families and young professionals, with a bit of a sparse suburban feel [Niche Ashburn Chicago].Mostly quiet and residential, with a strong sense of community [Trulia Ashburn Chicago]. People tend to be friendly and look out for each other [Trulia Ashburn Chicago]. ** Housing:** Mostly single-family homes, with a mix of bungalows, split-levels, and raised ranches, with some condos popping up as well [Neighborhoods Ashburn Chicago].
Fantastic opportunity in South Shore on 79th and Crandon. This property boasts 1 huge apartment with 3 generous-sized bedrooms and 2 full baths a large living room, dining room, den, and office space. The lower level of this mixed-use property has 2 office spaces. 2 separate oversized garages offer ample parking and storage for the property.
Welcome to this solid brick 6 unit, this building has 6 two bedroom apts. This property offers a unique investment opportunity to contribute to the revitalization of Englewood. Property is also located in TIF district.
High quality industrial warehouse/distribution building for sale (approx. 40,000 SF). Renovated in 2020. Located only steps to the Metra MDW station on Grand/Cicero. Easy access to I-90 as well! Great exposure to heavy traffic count of 18,000 vehicles per day on Grand Avenue. Rare high ceiling space - 18'. 2 drive-in doors and 1 dock. Great for owner/user! Heavy power building. Can be fully sprinklered (wet). Located along a major industrial corridor of Chicago with a large pool of qualified labor. Zoned for self-storage and cannabis businesses as well. Secure parking on common street. Private parking lot across the street (23,500 SF) may be available for additional price.
GREAT DEVELOPMENT OR CONVERSION OPPORTUNITY IN ANDERSONVILLE ON AN OVERSIZED LOT! THREE STORY MIXED-USE BRICK AND CONCRETE 12,200 SF LOFT-LIKE BUILDING WITH LARGE FREIGHT ELEVATOR. FULL BASEMENT WITH 8' CEILINGS. UPPER FLOORS HAVE UPWARDS OF 13' CEILINGS AND STAIR ACCESS TO THE ROOF. SIDE DRIVE LEADS TO 8+ OUTDOOR CAR PARKING AND A 4 CAR GARAGE. CURRENT C2-2 ZONING ALLOWS FOR 11 DU'S ON THE UPPER FLOORS AND COMMERCIAL UNITS ON THE FIRST FLOOR. THE F.A.R. ALLOWS FOR A MAX INTERIOR SQUARE FOOTAGE OF 24,200 SF AND A BUILDING HEIGHT OF 50'. THE PROPERTY IS IDEALLY SUITED FOR A CREATIVE INVESTOR, DEVELOPER OR END-USER. THE BUILDING IS VACANT.
LET THIS VERSATILE WEST RIDGE GEM BE AN ASSET TO YOUR PORTFOLIO! BEAUTIFULLY RENOVATED WITH ORIGINAL TIN CEILINGS AND ORNATE MOLDING, THIS PROPERTY IS TURNKEY! WITH 4500 SQ' OF RENTAL SPACE, WHICH CAN BE REVERTED TO 3 SUITES, THIS PROPERTY GIVES YOU SO MANY OPTIONS. UPGRADED . GARAGE W/8 SPACES FOR A POTENTIAL 200 EA/MO. AS WELL AS A LARGE PATIO AREA FOR ADDITIONAL PARKING POTENTIAL (FENCED & GATED). AMPLE PATIO AREA CAN CREATE A BEAUTIFUL ATMOSPHERE OR ADDITIONAL SEATING FOR A RESTAURANT/CAFE OR A LARGE PLAY AREA FOR A DAYCARE CENTER. RECENT UPGRADES INCLUDE: NEW GARAGE ROOF AND UPGRADED DOORS AND OPENERS WITH WIFI, 2 NEW BOILERS, 2 WARM AIR FURNACES W/CENTRAL A/C, EPOXIED FLOOR W/RADIANT HEAT AND NEW WINDOWS IN REAR CORRIDOR. RADIANT SNOW MELT TECHNOLOGY THROUGHOUT PATIO AREA, ELECTRIC WIRING 100 & 200 AMP SERVICE, FANS AND LIGHTING, ATTACHED CEDAR PERGOLA, FRONT TEMPERED WINDOWS, HI-END PORCELAIN FLOORING, WIFI SURVEILLANCE & COMMERCIAL IRRIGATION. CURRENTLY THE #1 GOOGLE RATED URBAN GARDEN CENTER. ALSO FOR SALE: 2 PARKING SPACES LOCATED ON NEXT DOOR PROPERTY (2306 W. TOUHY), ASKING 18,500/EA. PARKING SPACE PIN #1- 11303190361004 & 11303190361005.
Welcome to 6729 - 6731 South Chappel Avenue, an exceptional investment opportunity in the heart of Chicago, IL. This impressive 8-unit building boasts a total of 22 bedrooms and 8 bathrooms across a generous single PIN 7,056 square feet lot. The property offers a lucrative current cap rate of over 7% and is fully leased with reliable, all performing tenants, historically maintaining a low vacancy rate. This property is a savvy investor's dream, featuring 6 three-bedroom, one-bathroom units, and 2 two-bedroom, one-bathroom units. The building is equipped with essential amenities including 2 coin operated washers and dryers, and a hard-wired security system for added peace of mind. With 8 new parking spots, tenants enjoy the convenience of ample parking. Strategically located in an opportunity zone, this property benefits from low taxes. Its close proximity to public transportation, particularly the CTA Jeffery Jump route, enhances its appeal to tenants seeking convenience. Additionally, the building's low expenses are attributed to tenants covering their own heat, electric, and gas, resulting in a desirable financial profile for investors. Situated just 1 mile from Jackson Park and the future Obama Presidential Library, this property holds promise for future appreciation. The pro forma DSCR of 1.83 and a cash-on-cash return of 18% further underscore the financial attractiveness of this investment. Moreover, with below-market rents, there's immediate potential to realize a cap rate of over 10% and a GRM of 7, presenting an enticing investment opportunity. For discerning investors seeking a prime income-generating asset, the offering memorandum is available upon request. Don't miss out on this rare chance to secure a solid investment in a thriving location that is driving the future of Chicago's South Side Multi-Family Investments.
Ground level retail or office space within multi-unit building in Lakeview. Soaring ceilings and ample glazing with views from busy Diversey Parkway. Two parking spaces included in the rear of the building. 1,000 sq.ft. of useable space including one bathroom, furnace mechanical room, two storage areas. Architect available to consult new buyer's proposed use for the space. SELLER FINANCING AVAILABLE.
All brick building with great cash flow!!!!!! All units are rented,, 6 apartments and 2 retail store fronts. One store front vacant, needs re-hab. Each store front unit is about 25' X 40'. Each store also has a half bath and a storage room. There are 4-one bedroom apartments and 2-3 bedroom apartments. Long term tenants. All hardwood floors. Newer windows and steel entrance doors for each apartment. Roof is 4 years old, tuck pointing was done in 2017, newer back porches were replaced in 2015. A new high efficiency boiler was just installed, in the past year.. newer water heater and newer commercial grade downspouts installed. Separate electric meters. Circuit breakers. In the basement there are Coin-op washers and dryers in the large laundry room, 6 individual storage units, an office and the boiler room. Off street parking in the rear of the building. Partial fenced yard.
Prime Retail Opportunity in Booming Lincoln Square** Discover an exceptional retail space in the heart of Lincoln Square, one of the most vibrant and rapidly growing neighborhoods. This street-level store front offers a blend of modern sophistication and functional design, perfect for a variety of retail businesses.Prime Location: Situated in the bustling Lincoln Square, known for its dynamic mix of retail, dining, and entertainment options. Maximize your business's visibility with a prominent street-level presence. Create an airy and welcoming atmosphere with impressive high ceilings. Enjoy the aesthetic appeal and durability of stunning pergola floors. The space features a contemporary design with separate offices divided by sleek glass partitions. Impress clients and customers with a stylish and modern reception area. Convenient kitchenette area for staff use or client refreshments. This retail space offers an unbeatable combination of location, modern amenities, and elegant design. Perfect for businesses looking to make a significant impact in one of the most desirable areas of the city. Don't miss the opportunity to establish your business in this prime location!
Located in the Jefferson Park neighborhood in Chicago, Illinois, this 15,184 square foot commercial building plus 4,000 square foot partial basement is situated on a 29,862 SF development site. The neighborhood benefits from a dense urban population with strong demographics.
Prime property located in the Englewood community! Property consists of 3 structures that sit on a total of 3 parcels. The entire property is currently zoned for manufacturing. But with some vision, this could be potentially rezoned for retail, event space, restaurant, etc. The property also sits literally at the tip of the planned Englewood Nature Trail making it a great investment for a savvy buyer! There is much potential for this property! Contact your broker today to schedule a showing.
This is a TREMENDOUS Near North Side retail/restaurant OPPORTUNITY!(There is a tenant in possession on a month to month basis)
FULLY-FIXTURED RESTAURANT LOCATED IN THE HEART OF LITTLE ITALY! Excellent visibility two-story building on busy Taylor Street!! All furniture, fixtures & equipment are included with the sale. Little Italy is a prominent dining destination with many restaurants in the area operating for multiple generations. Highly walkable area with high foot traffic. Steps to Illinois Medical District (the largest urban medical district in the country with 4 hospitals, 9,000 employees and 50,000 daily visitors) and walking distance to UIC (over 30,000 students and the largest university in the Chicago Metro area). Conveniently located to CTA Pink-Line Polk Station (9 minute walk) and I-90/94.
Welcome investors!!!! Looking to diversify your portfolio, check out this fantastic opportunity! Mixed-use property fully occupied, located in Pilsen area. It is a unique and nostalgic investment property located on the busy, high traffic intersection of Cermak and Washtenaw. Providing both residential and commercial spaces. This building offers 2 apartments and a fully operating/ rented restaurant space. Each apartment offers an identical, spacious layout, 3 bedrooms, 1 bathroom, kitchen area, dining area and living room. All hardwood flooring throughout, recently painted too. There are 4 parking spots available in rear of building. Backyard is an additional fenced, concrete space shared for tenants. The Restuarant is currently on a renewed 5-year lease, (ALL Fixtures and Equipment will NOT be transferable to new owner in Lieu of Sale. They are to remain with the Restuarant.) This Property is being sold as is. The property offers additional income as the apartments are currently family occupied. Rents in the area average from similar properties average 1850+ for each apartment. Please read showing instructions.
Prime Location in the heart of Garfield Ridge district situated on high-traffic Archer Ave. with B3-1 zoning. Minutes away from I-55, Midway Airport, public transportation, Restaurants, and famous Weber's Bakery are within walking distance! The property is being Sold AS-IS. Tenant occupied for the past 5 years with a lease until Sept 2025 (Cup of Joe coffee shop).
A unique architectural gem nestled in a bustling Opportunity Zone. Located in the newly remodeled St. Bernard Hospital campus, this exquisitely remodeled vintage property has it all- curb appeal, totally renovated units with washer/dryers. A/C, high end baths & kitchens , hardwood floors. The top 2 units are duplexed with 3 bd, 2 bath floor plans. This building works financially : low taxes, ALL tenant paid utilities, excellent GRM and a great city location.
Property is a 6000 sq foot single tenant building net leased to a school for hair design. Long time tenant, currently leased through June 2032 at $4000/month. Tenant pays taxes, utilities, and maintenance.
Meticulously maintained Church Campus for Sale on a 2-acre lot on Busy 79th Street in Chicago in the rapidly appreciating Auburn neighborhood. The main Sanctuary, built in 1967 as an add-on, has 350+++ Seating with Accessible, Contiguous Auxiliary Space on Each Side. Additionally, there is a Full-Size Heated Baptismal Pool, with 6 Auxiliary Rooms and a Kitchenette. The original structure's Sanctuary, built in 1959, and currently used as a gym, has a 50-foot peaked ceiling and almost 4,000 square feet of floor space. The seamlessly architecturally combined property consists of 30 Private Offices and Classrooms, a Lounge with a Wood Burning Fireplace, a generously Sized Commercial Kitchen, and a Caretakers Apartment with 3 Bedrooms. Quality Construction with Walnut and Wood Ceilings, Beams, and Skylights Throughout. Interior Square Footage is 20,564 square feet. The property is on the NE corner of Lawndale Ave and 79th Street, is currently tax-exempt, and has 96 Parking Spots. Much Development in Rapidly Appreciating Area of City.
Nice older all brick church plus a 2 story brick 5 BR home next door, used for offices. Large parking lot in the rear all in great location! Beautiful architecture and stained glass windows. Sanctuary seats around 250 +/-,great sound room, balcony for 30/35 more, nice fellowship hall in lower level seats around 100 +/-, large kitchen,stage, mens and womens bathrooms. Church is around 6,000 sf(estimated for upper and lower levels) and the house is very roughly 2500 sf plus a basement! Sold "as is"! Big price reduction! Seller is HIGHLY MOTIVATED, Motivated!!!
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.