Welcome to Jackson Park, the finest area in South Shore, where an exceptional opportunity awaits you. This 6-unit building boasts a desirable layout, with each unit featuring 2 spacious bedrooms and 1 bathroom along with huge living rooms, dining rooms, and sunrooms. Individual utilities ensure convenience and flexibility for both tenants and landlords. Brand new duck work and back porch in 2022. 3 units has been renovated to perfection in 2018. Seller is currently rehabbing other 3 units. Moreover, the highly anticipated Obama Library, currently under construction nearby, promises to further enhance the value of the area in the coming years. There exists a notable potential to enhance the property's value through the upward adjustment of current below-market lease rates to align with prevailing market-level lease rates during the time of renewal or execution of new leases.
property sold as is buyer responsible for repairs, all items inside will be removed
4220 S. Michigan is a 26-unit property located Chicago's historic Bronzeville neighborhood. The asset is ideally situated on a beautiful, tree-lined street just blocks away from Metcalfe Park, providing easy access I-90 and Chicago's downtown. 4220 S. Michigan is comprised of an incredibly desirable unit mix, consisting of one (1) studio, seven (7)2BD/1BA, and eighteen (18) 3BD/1BA units. All Units are incredibly spacious and have gone through updates both cosmetically and mechanically. Recent improvements to the building includes but are not limited to, newer roofs, renovated kitchens & bathrooms, in-unit HVAC, and copper plumbing. 4220 S. Michigan provides investors with the unique opportunity to obtain a stabilized, cash flowing asses in one of Chicago's most rapidly appreciating neighborhoods. From day one, an investor will realize an in-place cap rate over 6.05% and a cash return of just under 7%. Additionally, an investor has the option to assume the existing debt (terms below) through Freddie Mac. 4220 S Michigan Ave: - $2,464,000 - 3.67% Rate -2 Years Remaining
Pleased to announce the opportunity to acquire a 3,500 SF building currently hosting Los Cabos Restaurant, in the neighborhood of Portage Park, Chicago. The restaurant, which seats over 100 patrons, has been a fixture in the neighborhood for the past twenty years and is located on the southeast corner of the intersections of Central Ave. and Roscoe St. The restaurant sits on 0.35 Acres/15,298 SF of land, which hosts 35+ private parking spaces, and is open to an Average Daily Traffic (ADT) of 28,000 vehicles.
Looking to move your business or add another location? This is the ideal location for your Retail, Office, or Restaurant business. Located on a busy street with many other Retail businesses. Priced to Move. Property needs complete rehab. Some notice required to show. Immediate possession at closing. Property being sold AS-IS, 100% Tax prorations, No survey provided - Special Warranty Deed conveyance. Please do your own due diligence prior to offer submission. Proof of funds required with all offers. If interested, please visit Cook County Land Bank website and submit an Initial Offer Application. Please be sure to check the Cook County Land Banks website for offer application deadlines.
Looking to move your business or add another location? This is the ideal location for your Retail, Office, or Mixed Use Investment. Located on a busy street with many other Retail businesses. Priced to Move. Property is zoned RS-3, it was previously used as a 3 Bedroom, 1 Bathroom apartment. Property needs complete rehab. Vacant & Easy to show. Short notice OK. Immediate possession at closing. Property being sold AS-IS, 100% Tax prorations, No survey provided - Special Warranty Deed conveyance. Please do your own due diligence prior to offer submission. Proof of funds required with all offers. If interested, please visit Cook County Land Bank website and submit an Initial Offer Application.
Looking to move your business or add another location? This is the ideal location for your service, manufacturing, or trucking business. Property is zoned M1-1 (light manufacturing/business park district). Located on a busy street with many other businesses. Priced to Move. Property needs complete rehab. Vacant & Easy to show. Short notice OK. Immediate possession at closing. Property being sold AS-IS, 100% Tax prorations, No survey provided - Special Warranty Deed conveyance. Please do your own due diligence prior to offer submission. Proof of funds required with all offers. If interested, please visit Cook County Land Bank website and submit an Initial Offer Application. Please be sure to check the Cook County Land Banks website for offer application deadlines.
Looking to move your business or add another location? This is the ideal location for your Retail, Office, or Restaurant business. Located on a busy street with many other Retail businesses. Priced to Move. Property needs complete rehab. Vacant & Easy to show. Short notice OK. Immediate possession at closing. Property being sold AS-IS, 100% Tax prorations, No survey provided - Special Warranty Deed conveyance. Please do your own due diligence prior to offer submission. Proof of funds required with all offers. If interested, please visit Cook County Land Bank website and submit an Initial Offer Application. Please be sure to check the Cook County Land Banks website for offer application deadlines.
1 story, 4,000 square foot office building situated on a 5,214 Square Foot = 2,708 + 2,506 = 5,214 Sq. Ft. 50 X 100 lot. Building was purchased by a non-profit entity to tear down and build a new building. Plans changed. Ownership also owns the adjacent building just West of subject property at 3550 W. Peterson that's 157.6 X 100. These two properties can be combined for a large new development on a 207.6 X 100 foot lot. The existing building is vacant and needs quite a bit of work. Seller will only sell both buildings together.
2 story, 15,000 square foot office building situated on a 15,769 Square Foot = 0.36 AC = 157.6 X 100 lot. Building was purchased by a non-profit entity to tear down and build a new building. Ownership also owns the adjacent building just East of subject property at 3540 W. Peterson that's 50 X 100. These two properties can be combined for a large new development on a 207.6 X 100 foot lot. The existing building is rented to a dozen tenants but needs quite a bit of work. B2-1 Zoning: Neighborhood Mixed-Use District Retail storefronts, apartments allowed on the ground floor. Intended to spur development in commercial corridors with low demand for retail. FAR 1.2. Seller will only sell both buildings together.
Wonderful opportunity to start your own small business or expand your current one! This building is on a busy street with lots of exposure. The current use of the building is a daycare but is perfect for any type of business you can think of. Property has been meticulously maintained and updated. Full kitchen in the back, enclosed back yard with privacy fence all around. Mechanicals and roof all under 5 years old.
Fully built out 1,500 SF Cafe space that includes an adjacent 1,500 SF vanilla box space ready for your concept. New mechanicals in space. Excellent opportunity in a prime location of Printers Row for your business. Neighbors include Columbia College, Jones College Prep, Roosevelt University and the Harold Washington Public Library Charming vintage building
BEAUTIFUL DOWNTOWN FLAGSHIP LOCATION. NEWLY REMODELED INTERIORS. HALF THE BUILDING HAS NEW STOREFRONTS. NEW ROOF IN 2023. ALL STORES BASED AT TRIPLE NET. LONG TIME TENANTS. TENANTS PAY UTILITIES AND TRASH SERVICE. NEVER A VACANCY. OWNER RETIRING.
1813 S. Ashland is a five (5) unit building in Chicago's historic Pilsen Neighborhood. An attractive location for tenants, this particular property sits steps away from 18th Street, home to some of Chicago's most underrated restaurants. Located one block from the 18th/Paulina Station, the property provides quick and easy transit via pubic transportation to Chicago's Downtown. 1813 S. Ashland is comprised of four (4) 2Bd/1Ba and one (1) Retail space. Highlights include modern finishes with LVP flooring, along with updated mechanical systems. Additionally, the property has in-unit laundry machines and exposed brick walls, making it extremely marketable to potential tenants. 1813 S. Ashland presents an investor with the opportunity to raise rents increasingly through a value-add approach to new ownership. In doing so, its new owner will realize a boosted cap rate and net operating income.
1801 W. 21st St, a five (5) unit building in Chicago's historic Pilsen Neighborhood. An attractive location for tenants, this particular property is just blocks away from 18th Street, home to some of Chicago's most underrated restaurants. Located two blocks away from Damen Train Station, the property provides quick and easy transit via pubic transportation to Chicago's Downtown. 1759 W. 21st is comprised of four (4) 2Bd/1Ba and one (1) 3Bd/1Ba units. Highlights include modern finishes with wood flooring, along with updated mechanical systems. Included in the unit mix is an incredibly spacious, unattached Coach House in the rear of the building, with ample opportunity to raise rental income. 1759 W. 21st presents an investor with the opportunity to raise rents increasingly through a value-add approach to new ownership. In doing so, its new owner will realize a cap rate over 8% and a cash return of 9.18%.
1759 W. 21st St is a seven (7) unit building in Chicago's historic Pilsen Neighborhood. An attractive location for tenants, this particular property is just blocks away from 18th Street, home to some of Chicago's most underrated restaurants. Located two blocks away from Damen Train Station, the property provides quick and easy transit via public transportation to Chicago's Downtown. 1759 W. 21st is conveniently comprised of two (2) 1Bd/1Ba, four (4) 2Bd/1Ba, and one (1) 3Bd/1Ba units. Highlights include modern finishes with LVP flooring, along with updated mechanical systems. Plus, each unit has its own furnace and hot water tank, furthermore adding to a potential new owner's net operating income stream. 1759 W. 21st presents an investor with the opportunity to raise rents increasingly through a value-add approach to new ownership. In doing so, its new owner will realize a cap rate over 8% and a cash return of 10.49%.
Perfect opportunity of Commercial/Retail space of 1000 square foot, finished with one bathroom and kitchenette. Located on Armitage and Kedzi in Logan Square neighborhood. Zoned B3, Currently being used as an office space but has potential for many other businesses use. Do not miss the opportunity to purchase this great cash flowing retail asset.
Well you've seen this offered before, but deal fell through. Come take a look at your new business venture. Currently built out as a family style restaurant and bar. There are just a few steps up to the bar area that was enjoyed by local neighbors and friends for get togethers. Restaurant is currently closed but is able to reopen with your own added touches. Bar area could be converted for additional seating to the restaurant or small meeting room or banquet area. The existing equipment will remain with the sale. The building also has a basement, and a 2nd floor large apartment area, which allows for this to be a mixed use property. Schedule your appointments today.
Welcome this mixed-use property in the heart of the Chicago Lawn! This amazing investment, offering both residential and commercial spaces, is a great addition to any portfolio that's looking to diversify. Consisting of four commercial spaces and two apartments, being a corner lot located in an ever-developing community only adds to its potential! Full residential-tenancy with longstanding tenants and partial commercial-tenancy offer the ability to enter this investment comfortably with stability and opportunity. Use this opportunity to secure your investment, your piece of Chicago Lawn now!
4130 square feet in Union Park Lofts. Located in the desirable West Loop location, this space boasts 3 private offices, 2 conference rooms, a kitchen, 2 bathrooms and plenty of storage space. This Live/Work space can easily be reimagined to fit your needs.
LOCATION LOCATION LOCATION!!!! Corner Commercial Building Auto Repair shop located in the heart of the Avondale/Logan Square neighborhood. If you have ever dreamed of having your own garage, this area will NOT disappoint! Solid brick building with lots of parking outside, lots of corner lot exposure. Close to Public transit . Tons of new developments going up all around including 2 new breweries. TESLA factory just built right across the street and is about to open! PRIME EXPOSURE! Leverage the high-end clientele coming in and out of there. The possibilities are endless. This location could easily be turned into an AMAZING public establishment. Seller Motivated!
Net Leased Investment Property 7010 Sq. Ft. property with building and parking lot Fully Execute 15-year NNN lease with Texas based SpinXpress Laundry Highly successful Texas based company with over 20 locations Minimal Landlord responsibilities Strong Guaranty Fully Rehabbed in 2023-2024
GREAT OPPORTUNITY FOR OFFICE OR RETAIL USE ON HEAVY FOOT AND AUTO TRAFFIC LOCATION OF HARLEM AVE. HIGHLY VISIBLE! RECENTLY USED AS AN OFFICE HAS BEEN WONDERFULLY RENOVATED & OFFERS RECEPTION, LOBBY SPACE, 3 PRIVATE EXECUTIVE OFFICES PLUS SEP OPEN OFFICE AREA, KITCHEN, HIDDEN UTILITY SPACE, 10'+ CEILINGS, 2 DISPLAY RETAIL WINDOWS, 2 PRIVATE PARKING SPACES, BACK ALLEY ACCESS AND MORE. BATHROOM ALSO HAS SHOWER. GREAT OPPORTUNITY, CALL LAG FOR MORE INFO. LOCATED IN B3 ZONING WHICH ALLOWS MORE OPPORTUNITES THAN THE B1 AND B2 ZONING SURROUNDING IT
Multiple offers received. Best and final due by 7 PM on Tuesday June 4 Value is in the location and zoning. Gut rehab or tear down. Zoned B3-3, lot is 25 x 147.
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.