Are you in the market for a turn key arm chair investment....look no further. This is a solid brick 12-Unit in the heart of North Austin, that is vastly appreciating, while generating 174,000 per year with room for rent increases. Common areas and units are in great condition, consisting of 3-2br and 9-1br units with hardwood flooring, separate living/dining room, separate furnaces. Most unit are completely updated with new bathrooms and kitchens that include granite countertops and new appliances, newer plumbing in many areas, new roof, spot tuckpointing, new rear concrete, newer porches. Tenants responsible for electric, gas, heat. Each apartment has its own furnace. Close to public transportation and expressway providing easy access to Downtown. Security cameras on exterior and interior common areas. Maintenance man stays onsite. More room for rent increases. Agent interest.
Set on a solid South Side block, this well-maintained 6-Unit offers the kind of immediate income + value-add upside investors chase. Four units are occupied by long-term tenants for steady in-place cash flow, while two units are vacant, giving you the rare ability to renovate, set market rents, and drive NOI from day one. Units feature generous layouts that support strong tenant demand, and the location keeps you close to everyday conveniences and public transportation-making this a smart play for buyers looking for a stabilized asset with built-in rent-growth potential. Run your numbers, schedule your private tour, and bring your best offer!
Opportunity knock, Great 2 Stores front on Roosevelt rd. Great visibility for all type of business. Downtown Service District accommodates Commercial and service including Industrial. Major interchanges of I-90/94 and I-290. Close to UChicago Medical South Loop and University of Illinois Chicago. Excellent Location for starting your own business. Daily Traffic Count of 24.200 V.P.D.
this property offers exceptional commercial potential with C1-1 zoning, allowing retail or service businesses at ground level and residential units above. Spanning approximately 10,150 sq ft and positioned along a high-traffic corridor just minutes from I-57, the site provides excellent visibility and access. Currently occupied by multiple automotive tenants, it presents strong income potential as well as flexibility for redevelopment. This is a prime opportunity for investors or owner-users seeking a strategic location on Chicago's South Side with mixed-use possibilities and neighborhood connectivity.
Income producing 4-Units Mixed-Use property including a coach house in the back. Rosco Village, North Center, and Lakeview neighborhoods. Street level office/retail space, with 2nd and 3rd levels each unit 3-bedrooms, 2-baths and rear coach house. 2018 updates, a great location with everything out the door, multiple bus liens, shops, bakeries, restaurants, easy public transit, street parking, festivals, Walking distance to Fellger Park, Hamlin Park, fieldhouse, pool, and sports facilities, Belmont and Damen's restaurants, shops, vibrant entertainment and minutes from Lincoln Ave., Whole Foods, Jewel, Mariano's, and Costco. Audubon Elementary District. Easy access to major roads, I-90/I-94, and minutes to Downton Chicgao.
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
This is a unique opportunity to acquire a fully occupied, 11-unit investment property in Chicago's historic Jackson Park Highlands with little capital needed to increase rents. Current rents are running significantly below market, giving a new owner a clear and immediate path to grow income as units turn - no renovations, no forced displacement. The building has undergone significant improvements over the past several years, including new AC units, updated plumbing, updated electrical panels, security cameras, on-site laundry, and a custom dog park with a drainage system. A gated parking lot - rare for a building of this size - is currently unmonetized and represents additional untapped income potential. The neighborhood is only getting better: the Obama Presidential Center, Quantum Shore Development, Thrive Exchange, and more are all driving renewed demand and long-term appreciation in the area.
Located at 3219 N. Clark Street in Chicago's vibrant Lake View neighborhood, this property offers a unique redevelopment opportunity. The building, originally constructed in 1925 and classified as Class C, features a gross leasable area (GLA) of 6,992 square feet. With a current tenant occupying the ground floor, the upper floors are primed for conversion to residential apartments, making this a compelling mixed-use investment. Redevelopment Opportunity Residential Conversion: Potential to transform the 2nd and 3rd floors into (4) 900 SF residential apartments at $65,000 per unit for the renovation. 2nd Floor: (2) 2-bedroom, 2-bathroom unit with a pro forma rent of $3,250 per month. 3rd Floor: (2) 2-bedroom, 2-bathroom unit with a pro forma rent of $3,250 per month. Ground Floor Commercial Space: Maintains income stability with 3,300 SF of medical office or retail space under a pro forma NNN rent of $33.00/SF annually. Cash Flow Opportunity During Pre-Renovation Phase The current tenant's lease, which began on January 1, 2006, runs through December 31, 2027. Starting in January 2026, the base rent will increase to $18,063 per month. This structure provides an investor with the opportunity to generate consistent cash flow (rental income) while obtaining plans and permits for renovations. Renovation work cannot commence until the tenant vacates the property, offering the investor time to prepare while maintaining financial stability. Financial Summary The purchase price is $2,000,000. The ground-floor lease provides consistent income, with the base rent increasing to $18,063 per month ($31.00/SF) by 2026. The existing lease, which runs through 2027, ensures stable revenue while providing time for the planned residential conversion. Tenant Information Blum Animal Hospital, part of the national VCA Animal Hospitals Inc. network, currently occupies the ground floor. VCA is recognized for its high-quality pet care and extensive network of over 1,000 locations, providing a stable and reputable tenant for the property during the renovation. Location and Market Overview Nestled in the affluent and dynamic Lake View neighborhood, the property enjoys a prime location surrounded by shopping, dining, and cultural attractions. It offers excellent visibility, high foot traffic, and proximity to public transportation, enhancing its appeal to both residents and businesses. Investment Highlights This property combines the security of a long-term, reputable tenant with the significant upside of redevelopment potential. Mixed-use redevelopment offers diversified income streams. Phased renovation approach allows for cash flow during construction. Prime location in a thriving community ensures ongoing demand for residential and commercial spaces. Triple Net Lease (NNN) structure minimizes landlord expenses while maintaining stable cash flow Projected total annual income of $220,600 highlights the value of the planned conversion. The property at 3219 N. Clark Street is an exceptional opportunity for investors seeking to capitalize on Lake View's robust real estate market while adding value through strategic redevelopment and operational flexibility.
Rarely available mixed-use investment on Western Ave offering immediate income and long-term upside. The property includes five 2-bedroom / 1-bath residential units plus a street-level commercial storefront, creating multiple revenue streams in a high-traffic corridor. All units are currently leased, providing stabilized income from day one. Well-suited for investors seeking a value-add opportunity in a prime location with strong demand. A solid asset with flexibility and growth potential-schedule your showing today. Being sold "AS-IS"
Owner retired - motivated sale! Excellent investment or owner-user opportunity in Chicago's desirable Chatham business district. This one-story greystone and brick commercial property features six retail storefronts with strong visibility and 100 feet of frontage along busy Cottage Grove Avenue. The property is currently income-producing with four established tenants in place. Two stores are vacant. Tenants are responsible for all utilities except water. The rear of the property provides ample parking with 12+ spaces, a valuable amenity for both tenants and customers. There are 4 separate pin numbers. With some TLC and the right management from a savvy business owner, this property has the potential to generate substantial income. Sold "as is" condition. The building needs new roof!
Exceptional opportunity in the growing Harlem & North Ave area. Located at the corner of North and Newland Avenues in Chicago Galewood, 3 blocks from the intersection of North and Harlem Ave and the NEW 50,000sf Rush outpatient facility and 2 blocks from 275 NEW residential units under construction at 1700 N Neva Ave. Well maintained 6100 SF structure was a licensed daycare facility for over 20 years. This property could be a TURNKEY purchase for a daycare operator and yet, the open area is easily altered to suit your business or investment needs. Many possibilities for this fine location - daycare, retail, restaurant, medical, dental, PT or indoor recreational services. Thriving and vibrant stretch of North Ave in the Galewood/Northwest Oak Park corridor sees over 28,000 cars per day. Property features include 10 curb cut parking spaces immediately adjacent to the west side of the property plus 4 spaces in the rear. Building improvements include 10 exit doors, 9 separate rooms, 6 bathrooms (6 daycare height toilets) and a central 14x14 kitchen. Mechanical improvements include 3 HVAC units, new 2" copper water service, 600amp circuit breaker electric and structural updates to the portion of the building that has a bow-truss roof. Current daycare layout features 6 multipurpose rooms, 1 office that is wired for CCTV, 14x14 central kitchen and 18x18 storage room. Your business opportunities are unlimited on thriving North Avenue!
Exceptional opportunity in the growing Harlem & North Ave area. Located at the corner of North and Newland Avenues in Chicago Galewood, 3 blocks from the intersection of North and Harlem Ave and the NEW 50,000sf Rush outpatient facility and 2 blocks from 275 NEW residential units under construction at 1700 N Neva Ave. Well maintained 6100 SF structure was a licensed daycare facility for over 20 years. This property could be a TURNKEY purchase for a daycare operator and yet, the open area is easily altered to suit your business or investment needs. Many possibilities for this fine location - daycare, retail, restaurant, medical, dental, PT or indoor recreational services. Thriving and vibrant stretch of North Ave in the Galewood/Northwest Oak Park corridor sees over 28,000 cars per day. Property features include 10 curb cut parking spaces immediately adjacent to the west side of the property plus 4 spaces in the rear. Building improvements include 10 exit doors, 9 separate rooms, 6 bathrooms (6 daycare height toilets) and a central 14x14 kitchen. Mechanical improvements include 3 HVAC units, new 2" copper water service, 600amp circuit breaker electric and structural updates to the portion of the building that has a bow-truss roof. Current daycare layout features 6 multipurpose rooms, 1 office that is wired for CCTV, 14x14 central kitchen and 18x18 storage room. Your business opportunities are unlimited on thriving North Avenue!
Prime owner-user or value-add opportunity in the heart of Chicago's Clearing neighborhood. This fully vacant, two-story office building offers approximately 9,744 SF on a 32,400 SF site with an exceptional on-site parking ratio (56 spaces) along the high-traffic 63rd Street corridor. Originally constructed in 1982, the property features efficient floor plates (~4,800 SF per floor) and is well-suited for a wide range of users including office, medical, service retail, or mixed-use conversion. Zoned B3-2, the asset provides significant flexibility for repositioning or redevelopment, with excess land and parking offering future upside. The fully vacant status allows an owner-user to immediately occupy the entire building or customize the space to their needs, while investors can capitalize on lease-up or adaptive reuse strategies. Strategically located just minutes from Midway Airport and major thoroughfares including Cicero Ave and I-55, the property benefits from strong accessibility, visibility, and a dense surrounding residential base. The area boasts a Walk Score of 78, with numerous nearby retail, dining, and service amenities supporting both employees and customers . This is a rare opportunity to acquire a well-located, flexible commercial asset with strong fundamentals, ample parking, and multiple paths to value creation in a supply-constrained submarket.
This is IT!! Beautiful blonde brick 3-unit building which consists of a 2,000 Sq Ft Commercial space on the first Floor, 2BR/2BA second floor apartment overlooking Ashland Avenue, a Studio Apartment with a sliding door to an outdoor roof patio, and LOW TAXES.. **Recent Updates: Water Upgraded to 1.5" Copper, new cast iron/copper plumbing, Electric Upgraded to 200-amp service, new meters and new electrical panels, new gas lines and meters for all units, new staircase and fireproof steel doors, modern exposed brick, walk out roof deck, and new roof.** This property is located in the heart of the United Yards project that is already in progress. Not to mention, Busy Ashland Avenue in Back of the Yards has a daily traffic count of 20,100 and the building is Four doors down from the new proposed library.
(((!!BIG PRICE DROP IN LITTLE VILLAGE!!))) Great looking Mixed Use Property. Property consists of (1) large lightly renovated commercial space with ((14 ft ceilings)) that is currently occupied, and gets $1800 per month for rent with a lease for 2 years ending 01/2028. And (1) 1 bed 1 bath apartment currently occupied as well getting $1250 for rent with a lease ending 08/2026. The commercial space was lightly renovated and the following work was completed: New paint, New bathroom, Furnace was recently serviced, New LED lights installed throughout, Tuckpointed the rear of the building and Installed new tempered glass windows in the front. In the 1 bedroom 1 bathroom apartment the work that was completed is as follows: New paint, New hardwood floors, New plumbing, New bathroom sink, New toilet, New appliances and New kitchen sink. ((THERE'S NO PARKING)). There are a total of 1.5 bathrooms. The basement is a half basement, about 400 sq ft and it is unfinished. Showings are as follows: Showings are on the lock box with 48 hours notice as both units are rented. To see the commercial space and the basement, showings MUST BE before 3p.m. MON-FRI & Before 10a.m. on SATURDAY!
All brick 4 unit with a coach house in back...Located in the Healy School District, well maintained, updates include newer electric, back and front porches, separate furnaces, copper piping, all units rented to reliable tenants. Full unfinished basement with laundry! Tenants pay utilities.
**First Showing will be Monday March 23rd from 2pm-4pm. After, we would need a 24hr notice.** This is a great opportunity for a value add 6-unit brick building in Pilsen, ready for its next owner. It's a solid property that just needs some fixing up to reach its full potential. You'll find a good mix of units, including two 1-bed/1-bath apartments, three 2-bed/1-bath units, and a large 4-bed/2-bath duplex with its own laundry. The important updates are already done, with a roof less than 2 years old and some new heating and mechanicals. The property also offers shared laundry and a valuable two-car garage. With some work, this property is positioned to compete with the top-tier sales in Pilsen. Once updated and fully rented, the stabilized financials project a high capitalization rate for investors.
Investment Opportunity - Legal 3-Flat in Prime West Town (B2-3 Zoning) Exceptional value-add opportunity in the highly sought-after West Town area of Chicago. This historic, legal 3-unit building offers approximately 2,400 sq ft above grade, plus an additional 1,200 sq ft garden unit, providing significant upside potential. The property has already undergone substantial initial work, including major demolition, new roof, new gutters, new windows, and completed framing, allowing the next owner to move directly into the build-out phase. Key highlights: B2-3 zoning - ideal for mixed-use or flexible redevelopment 3 total units with the option to convert the garden unit to commercial or residential use (increased ceiling height already completed) Detached 2.5-car garage with rooftop deck potential Open to build-to-suit concepts Unique layout offering multiple design and income strategies Located just steps from Division, Ashland, and Milwaukee, this property sits in one of Chicago's hottest corridors with close proximity to the Blue Line, I-90/94, and multiple bus routes-making it highly attractive for both residential and commercial tenants. A rare opportunity to customize and maximize value in a prime location.
Exceptional opportunity in Logan Square to own this fully rented 8-unit building featuring 4 well taken care apartments with 2 bedrooms, separate dining room, living room, kitchen and bathroom. They each have their own furnace and tenants pay their own light and gas. In addition, this building has 4 store fronts that are fully rented as well. Each store front has their own furnaces too! Rear of building has parking spaces for over 12 cars! This is a great investment building where you can just collect rent! PLEASE DO NOT BOTHER BUSINESSES AND DO NOT ASK THEM ANY QUESTIONS. CALL ME FOR ALL QUESTIONS and I will be very happy to assist! schedule your showing today before it's gone. This is a rare find in Logan Square! SOLD AS IS
RARE FIND!!! Come see this beautiful 6 Unit building ready for maximum rental income potential!! All 6 Unit have a spacious layout, one bed, one bath. All have forced air units and many other updates have been done. You can also enjoy close proximity to Washington Park and Jackson Park, along with convenient access to the lakefront and outdoor recreation. Just minutes away, you'll find University of Chicago, the Museum of Science and Industry, and the future Obama Presidential Center, these are all major drivers of economic growth and neighborhood appreciation. You'll have easy access to the CTA Green Line, CTA Red Line and I-90/94 for a smooth commute into downtown Chicago. This strong rental demand driven by nearby employment hubs and continued development, this property presents an excellent opportunity for investors seeking cash flow and long-term appreciation, while still offering a comfortable and connected lifestyle for owner-occupants. Come check out soon before it's gone
Fully Renovated 5-Unit Masonry Brick Mixed-Use Building Located on Pilsen's 18th Street Retail Corridor. The property includes (2) 3 bed, 2 bath residential apartments plus (3) built-out commercial units, offering strong in-place income in a prime Chicago neighborhood. The building was gut renovated in 2017-stripped to the floor joists and completely rebuilt, featuring updated interiors throughout. The residential units offer modern kitchens with stainless steel appliances, exposed brick accents, hardwood flooring, and excellent natural light. Current ownership has completed extensive additional capital improvements, including a new coach house roof, parapet wall reconstruction, Hardy board siding, masonry updates, replacement of multiple water heaters, added windows and lighting, a Doorbird entry system, and further updates to the residential units. Ownership also oversaw the buildout of all three commercial spaces and secured a new long-term tenant, Vela Spa. The back retail units include a tattoo studio and a skincare business. Ideally located near UIC, downtown Chicago, Cinespace Film Studios, and some of Pilsen's most popular restaurants, retail, and entertainment. Easy access to Metra and CTA transit. The property currently generates $149,352 in annual income, providing investors with a turnkey opportunity in one of Chicago's most sought-after mixed-use corridors.
Seller financing available! Introducing 7847 S Essex Ave, a 28-unit mixed-used investment opportunity located in Chicago's South Shore neighborhood. This well-positioned corner building offers investors the chance to acquire a sizable asset with strong income potential for both residential and commercial use just minutes from Lake Michigan. The property has 1 commercial tenant and the rest of the building is completely vacant. Unit mix is 6 commercial, 14 one bedrooms, 8 studios. Extensive renovation is needed, this project is best for someone who has re-development experience. With consistent rental demand in the area, this asset presents an excellent opportunity for both seasoned investors and those looking to begin or expand their apartment portfolio. This investment is one that presents a significant opportunity for value add. Conveniently located with close proximity to public transportation, Obama Library, Museum of Science & Industry, Lake Shore Drive, the historic South Shore Cultural Center, a $9 billion dollar Quantum Computing Campus, and much more! Don't miss out on your opportunity to have a positive impact on the community by renovating this large multi-family property in one of Chicago's evolving Southside neighborhoods. Schedule your private tour today! Some exterior photos are virtually staged.
Stately 6 unit apartment building for sale in emerging Englewood. The property is fully rented and cash flowing, and is currently operating at a 10 + CAP rate. The property underwent an extensive rehab with numerous updates including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, new laundry room and much more. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. This is a tenant paid utility set up that allows the owner to have very low operating costs. The building is a large corner building with excellent curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The building is fully rented and is stable and cash flowing. Perfect arm chair investment opportunity
First floor commercial space, studio, office or retail space. South exposure storefront, has high ceiling, Kitchen area and wall divided but can easily be converted to another business use. Lofted area in on section as well can be used as private office, storage and more ideas for the new owner. This commercial space has a accessible restroom. Plenty of Business opportunities for new owners with the zone B1-5. Condos, residences, shopping district, creatives art district around. Located text to Jimmy Johns. Solid clean commercial/business space.
Investor Alert: Secure a high-potential asset on the historic South Sacramento Blvd. This solid brick multi-unit sits on an oversized lot, offering the perfect canvas for a value-add "BRRRR" strategy or a stable long-term hold. Featuring expansive layouts, high ceilings, and great natural light, these units are primed for modern updates to command top-tier market rents. The location is a major win for tenant demand: steps from Douglas Park, minutes from the Illinois Medical District, and easy access to the Pink Line and I-290. As investment continues to pour into the West Side, boulevard properties like this remain the gold standard for appreciation. The oversized lot also offers potential for additional parking income or future expansion. Bring your contractor and your vision to a property with incredible bones and even better upside. Sold AS-IS. Don't miss the chance to anchor your portfolio with a legacy asset in a high-growth corridor.

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.