Rare 11-Unit Investment Opportunity in Chicago's Chatham Neighborhood. Located on the busy 79th Street commercial corridor. Features 11 units, featuring separate living and dining rooms plus additional bonus rooms that can serve as office or flex space. The properties generate approximately $126,600 in current annual gross income, providing stable in-place cash flow with additional upside potential through future rent adjustments. Tenants pay their own electricity and cooking gas, while the owner provides boiler heat, helping maintain predictable operating expenses. The buildings total approximately 13,205 square feet of improvements and benefit from a high-visibility location along one of the South Side's primary commercial corridors, surrounded by neighborhood retail, transportation, and consistent residential demand. This property presents an attractive opportunity for investors seeking stable income, commercial frontage, and long-term value in a growing South Side submarket.
Nestled in the heart of Chicago's rapidly growing Washington Park neighborhood, this fully occupied, six-unit building offers a blend of stable cash flow and exceptional future potential. Located near the University of Chicago and the expansive Washington Park, this property is positioned to benefit from the area's ongoing development, including the future Obama Presidential Center. With property values steadily rising, this investment represents a rare opportunity for savvy investors. Boasting a classic stone facade and a grand marble entryway, this well-maintained building exudes timeless charm. Each of the six spacious 3-bedroom, 1-bath units spans 1,800 square feet, featuring high ceilings, formal dining rooms, real pantries, private back decks, and beautiful bay windows that flood the interiors with natural light. Hardwood floors and well-kept common areas add to the appeal, ensuring tenant satisfaction and full occupancy. Additionally, the building generates extra income through coin-operated laundry facilities and offers gated parking with a two-car brick garage. With a solid history of long-term tenants, this property is a proven income generator. For investors looking to maximize returns, there is untapped potential in the lower level, where a 7th and possibly 8th unit could be developed, both areas have ingress and egress access. Updates include a 2011 boiler to enhance the property's efficiency. The seller is open to discussing owner financing terms provided the seller is in first position with collateral, thereby expanding this armchair investment opportunity to the widest pool of entrepreneurs. This is your chance to make this Washington Park money maker work for you.
Buyer's finance fell through. 4 Mixed-Use Units 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. 2014 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 Downtown Chicago. Real estate taxes are under contest with county and expected to be at $20,000 level. Property was leased out to 1-single tenant till May 31, 2026, with monthly lease amount of $9,000. Value of lease should be around $11,000 per month for all building.
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.
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!
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
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.
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.
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.
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.
CONDO STYLE 7 unit apartment building on a beautiful tree-lines street of Washington Boulevard. Complete GUT REHAB of 7 units consisting of 3 bedrooms. ALL NEW MECHANICALS. This One-of-a-Kind property sits on an extra wide and extra deep lot. 4 car brick garage with separate doors for each space. Large back yard! SEPARATE and INDIVIDUAL UTILITIES! Electrical panels in each unit. Super High efficiency furnaces and AC are "AQUA-THERM" systems with heat pump technology! Tenant's heating and AC bills will be a fraction of the average costs. Laundry hook-ups in each unit! Kitchens have Quartz counters, stainless steel appliances and solid maple cabinets for great durability. Gorgeous Hardwood floors throughout! High ceilings of 9' in all units. Large, open, double basement with high ceilings, large window openings and separate entrances & exits on each side of the building! This makes it perfect to add value with additional living space in this huge building. HIGH income and LOW expenses! Situated between Downtown Chicago and Oak Park for great shopping, restaurants and many more amenities. Close to expressway and all lines of transportation. Highly desirable property for Investors!
Well-located mixed-use building offering significant value-add potential. The recently gut-renovated commercial space features a column-free layout that can accommodate a wide variety of potential retail, office, or service uses. Existing B3-2 zoning allows for the potential conversion of two (2) additional ground-floor dwelling units with the procurement of a special use permit (no zoning change required). Current apartment rents are below market, presenting an opportunity for future income growth. Situated along North Avenue in East Humboldt Park, the property is positioned within a rapidly evolving corridor and offers convenient access to public transportation. With an in-place NOI of $111,493, without yet achieving full occupancy, the Property offers immense value-add potential thru leasing the remaining vacancy.
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
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.
Outstanding, turnkey, previously fully rehabbed, Garfield Park 24-unit mixed use building in prime location with 12.65% cap rate on 50x175 foot corner lot with B3-2 zoning. Building consists of 5 studios, 5 one-bedrooms, 8 two-bedroom apartments & 6 retail spaces (Grocery store accounts for three of the commercial units). Retail spaces have central air. All apartments have been remodeled with modern bathrooms & kitchens with refrigerators, ranges and microwave ovens. Hardwood floors throughout living area and bedrooms. 1200 Amp electrical service! Boiler and water heater replaced in 2023. Easy street parking. Fantastic location is close to Tilton Elementary School, Garfield Park Conservatory, ponds, gardens, and athletic facilities, Pulaski CTA Green & Blue Line stops, and 290 Expressway. Five miles to Chicago Loop. Cashless laundry on site provides additional income. Located within an opportunity zone. AHSAP 35% reduced tax status approved not yet applied.
Outstanding, turnkey, previously fully rehabbed, Garfield Park 24-unit mixed use building in prime location with 12.65% cap rate on 50x175 foot corner lot with B3-2 zoning. Building consists of 5 studios, 5 one-bedrooms, 8 two-bedroom apartments & 6 retail spaces (Grocery store accounts for three of the commercial units). Retail spaces have central air. All apartments have been remodeled with modern bathrooms & kitchens with refrigerators, ranges and microwave ovens. Hardwood floors throughout living area and bedrooms. 1200 Amp electrical service! Boiler and water heater replaced in 2023. Easy street parking. Fantastic location is close to Tilton Elementary School, Garfield Park Conservatory, ponds, gardens, and athletic facilities, Pulaski CTA Green & Blue Line stops, and 290 Expressway. Five miles to Chicago Loop. Cashless laundry on site provides additional income. Located within an opportunity zone. AHSAP 35% reduced tax status approved not yet applied.
THIS COMMERCIAL BUILDING IS PERFECT FOR A BUSINESS LOOKING TO MOVE RIGHT IN & DO NOTHING. EVERYTHING HAS BEEN DONE FM TOP TO BOTTOM. THE PROPERTY HAD A TOTAL GUT REHAB IN 2019, TO INCLUDE INCREASED SQ. FOOTAGE ON THE 1ST FL & A NEW 2ND FL. ALL NEW ELECTRICAL & PLUMBING THRU-OUT. NEW FOUNDATION BEAMS. NEW ROOF WH/INCLUDES A FLAT ROOF IN THE FRONT OF BUILDING & RAISED DORMERS OVER THE REAR OF THE PROPERTY TO ACCOMMODATE 2 ADDITIONAL LRG OFFICES UPSTAIRS. 2 FULLY UPDATED BATHROOMS. THE BATH OFF OF THE MAIN OFFICE AREA IS HANDICAP ACCESSIBLE WH/INCLUDES COMMERCIAL GRADE VANITY, TOILET, WALL GRAB BAR HANDLES & HAND BLOW DRYER. THE 2ND BATH HAS AN EXTRA LARGE GLASS WALK IN CERAMIC SHOWER. NEW COMMERCIAL GRADE DOORS & FRAMES THRU-OUT. THE BASEMENT HAS 2 FURNACES, HWT & SUMP PUMPS. NEW DRAIN TILE ALL AROUND THE ENTIRE BASEMENT & NEW CHECK VALVES. THE BASEMENT IS A GREAT SOURCE FOR EXTRA STORAGE. NO COST WAS SPARED IN THIS PROPERTY RENOVATION PROJECT. EVERYTHING WAS DONE BY CITY CODE. THE FRONT EXTERIOR OF THE BUILDING HAS NEW BRICK & THE ENTIRE PROPERTY HAS BEEN TUCK POINTED. NEW 6FT PRIVACY FENCE IN BACK & LARGE POURED CONCRETE SLAB TO ACCOMMODATE PRIVATE PARKING FOR UP TO 4 CARS. THE BACK LOT ALSO INCLUDES 2 CAGED CENTRAL AIR SYSTEMS. THIS PROPERTY IS CURRENTLY USED AS OFFICE SPACE TO RUN A SECURITY BUSINESS. THE FRONT OF THE BUILDING IS THE HUB OF THE BUSINESS & INCLUDES A BATHROOM. THE REAR OF THE PROPERTY INCLUDES A SPACIOUS KITCHEN AREA W/UPDATED CABINETS & GRANITE COUNTER TOP. THERE IS A CONFERENCE ROOM & A LGR COMFORTABLE SEATING AREA WHERE CURRENT EMPLOYEES CAN RELAX WHEN THEY ARE ON BREAK. STAIRS LEADING UP TO THE 2ND FLOOR WHICH INCLUDES 2 ADDITIONAL OFFICES W/CLOSETS, ONE OF WHICH IS A CEDAR CLOSET. THE NEW OWNER CAN RENT OUT THE 1ST FLOOR CONFERENCE ROOM AS AN OFFICE & THE 2 OFFICES ON THE 2ND FLOOR TO RECEIVE IMMEDIATE ADDITIONAL INCOME. THE REAR OF THIS PROPERTY CAN BE EASILY CONVERTED TO A FULL PRIVATE DUPLEX APARTMENT FEATURING 3 BEDROOMS, KITCHEN, LIVING ROOM & BATH. THE POSSIBILITIES FOR THIS INVESTMENT ARE ENDLESS. ALL EQUIPMENT & PERSONAL PROPERTY ARE NOT PART OF THE SALE & DO NOT STAY. THAT INCLUDES TV MONITERS, OFFICE FURNITURE, FRIG, SECURITY CAMERAS ETC. ***PROPERTY SOLD IN AS-IN-CONDITION BUT IS TRULEY IN MOVE IN CONDITION****
Easy access for customers with free 2-hour street parking along Northwest Highway, plus potential to add a dedicated drop-off/loading zone at the entrance. Positioned on a highly visible corner along Northwest Highway in Norwood Park, this well-cared-for commercial building offers exceptional flexibility for a variety of professional or service-based uses. The single-story property provides approximately 2,800 square feet of functional space, thoughtfully laid out with multiple private offices, a reception area, and dedicated administrative and filing areas. The building has seen meaningful capital improvements in recent years, including updated windows, a newer AC condenser, and exterior tuckpointing, reflecting pride of ownership and ongoing maintenance. The layout is well suited for medical, dental, or professional office users, while also lending itself to creative reconfiguration for retail, wellness, or specialty service concepts. Situated on a corner lot with strong street presence and convenient access, the location benefits from steady traffic flow and established surrounding businesses. Zoned B1-1, the property supports a wide range of commercial uses, making it an attractive opportunity for owner-users or investors seeking a versatile space in a desirable Northwest Chicago corridor.
15,000 sq ft warehouse with overhead loading area which sits on 7 lots. Nice 2nd floor recently updated offices. Radiant heat, camera system, New HVAC units, & new roof! Great central location! Downtown and all expressways minutes away! Great location! Owner is very flexible on terms. Creative seller with owner financing available.
Outstanding, turnkey, previously fully rehabbed, fully rented, Garfield Park 18-unit apartment building in prime location with 8.2% cap rate on 75x150 foot corner lot with RT-4 zoning. Building consists of 6 three-bedroom and 12 two-bedroom apartments. All apartments have been remodeled with modern kitchens and bathrooms. Hardwood floors throughout living area and bedrooms. 800 Amp electrical service! Water heaters replaced in 2023. Easy street parking. Fantastic location is close to Tilton Elementary School, Garfield Park Conservatory, ponds, gardens, and athletic facilities, Pulaski CTA Green & Blue Line stops, and 290 Expressway. Five miles to Chicago Loop. Each unit has its own individual gas forced air furnace. Tenants pay for electric and heat. Cashless laundry on site provides additional income. Located within an opportunity zone. AHSAP 35% tax reduction applied.
In the vibrant Westside of Chicago, this well-maintained mixed-use building offers a perfect blend of commercial and residential opportunities. The property features three street-level storefronts, each with large display windows, ample foot traffic, and flexible layouts suitable for retail, office, or service-based businesses. Above, you'll find four fully tenant-occupied apartments, including 2bd/1bth units. Prime corner lot with excellent visibility in a bustling neighborhood with three versatile storefronts with separate entrances and updated interiors; it also features four spacious apartments, each featuring modern kitchens, hardwood flooring, and abundant natural light, 100percent tenant-occupied, providing a steady income stream. Secure building with intercom entry and ample parking in a gated lot. This property is ideal for investors looking for a turnkey opportunity in a thriving area or business owners seeking a combination of personal and investment use. Schedule your showing today!
Exceptional investment opportunity in the heart of Humboldt Park! This solid 5-unit building at 4355 W Le Moyne St is a rare find for investors, developers, or savvy buyers looking to add value. The property is currently fully vacant, offering a blank slate to design, renovate, and maximize rental income or pursue a condo conversion. The building requires renovation, but its strong bones and desirable unit count present tremendous upside potential. Ideal for a full gut rehab or strategic improvements to significantly increase cash flow and long-term equity.

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.