Built in 1924, rare, turnkey 23 unit apartment building in Edgewater just north outside Andersonville. Fully leased and condo conversion quality with reconstruction including brand new water main, all new gas and water piping and systems, complete window replacement, new overlay rubber roof with skylights over stairwells. Four separate entrances. Located on the corner of Paulina and Glenlake. Each entry with call box intercom system to a tenant's cell phone. All Chicago red brick with two car, all brick garage, large decks up to code and beautiful, secured courtyard with four sets of tables/chairs, bike racks, plantings, mulched areas. Window and lentil replacement. All new interior lighting. 7' entry doors. 800 amp electrical service. Top of the line, and absolutely stunning mechanicals in basements with plenty of room for future tenant and common building storage capabilities. Three basements in total with high ceilings to stand up in. All copper plumbing lines. All separate gas meters. Each unit has central heat, central air, in unit washer and dryer. All new kitchens, bathrooms, flooring, appliances, lighting, dedicated gas/electric meters, radiant heating for basement/vestibules, structural joists replaced, etc. THIS IS A TRUE GUT REHAB. No expense spared. Each tier, or set of sis has its own central cable box. Each unit is already wired for cable and cable ready. 100% fire code rated. All Glenlake entrances have skylights at the top of the refurbished stairwells. Original, printed wainscoting. Lobbies with fresh carpeting and stamped tile floors, classic contemporary wood augmentations. All legitimate leases, 12 month minimum term. All tenants credentialed including full credit report, income, landlord, employment verification, background checks. This building runs itself. A must see. Very low maintenance and sit back and collect rent. A prized piece for a portfolio or star piece for a first timer. Legally zoned for 24 units. Assumable mortgage balance of $3.627M @ an interest rate of 3.09% with 4 years left on the loan as of RIGHT NOW
Huge duplex down commercial condo in the heart of River West bordering the exploding West Loop, West Town, and Fulton Market neighborhoods! This beautifully rehabbed unit was updated in 2021 and boasts 2 floors, a well thought out floor plan, and beautiful finishes. The open concept first floor has hardwood floors, dramatic ceiling height, tons of natural light, a snack station, extra storage areas, and a bathroom. The lower level layout was expertly designed with a gathering area, a gorgeous glass enclosed conference room and office, kitchen, bathroom, and hidden server room. Floor to ceiling windows on the first floor allow tons of light to both levels through the large atrium. There's space for 3 parking spots in the rear of the building. The property is located in a highly dense residential and commercial area with strong vehicular traffic counts. Area tenants include My Chicago Golf, Orange Theory, CVS, Dunkin' Donuts, Urban Market, Matchbox, Starbucks, Erie Street Auto Body, and many more. You're only 2 blocks to the Blue Line L stop and access to Kennedy Expressway. This is the perfect space to showcase your business!
FIVE UNIT GREYSTONE WITH COACH HOUSE IN REAR, GOOD CONDITION. . HOT LOCATION HERE! WALKING DISTANCE TO TRANSPORTATION MINUTES TO EXPRESSWAY. NEWER WINDOWS GOOD INCOME, **could be sold as a package of more than 60 units***
AMAZING OPPROTUNITY IN HEART OF BOOMING PILSEN!!!! 6 UNIT BUILDING ALL UNITS ARE CURRENTLY TWO BEDROOMS ONE BATHS. ALL UNITS HAVE SEPERATE FURNACES FOR HEAT AND , SEPERATE HOT WATER TANKS. COME AND PUT YOUR FINISHING TOUCHED ON THIS BUILDING AND MAKE IT YOUR OWN. BUILDING HAS FULL BASEMENT THAT IS FINISHED AS WELL THAT GIVE ROOM FOR EXPANDING!! also walkup unfinished attic YARD WITH 2 CAR GARAGE!!!
Sizable commercial space. Located inside a secure mall. 24 hour doorman and a security guard. Conveniently located close to public transportation and Lake Shore Drive. Garage parking available for a fee. May be suitable for any kind of office, health office, insurance, storage, show room, etc....
The Unique One-of-a-Kind.. Location, Location, Location; Superbly maintained Edison Park 20 Unit multi-family apartment building same ownership since 1945. Unit mix consisting of 14 one-bedroom one-bathroom Units and 6 two-bedroom one- bathroom units. An Architectural significantly detailed full yellow brick building, copper gutters and down spouts, limestone, 10 year old roof, 10 year old tuckpointing well maintained back porches, on-site coin operate laundry, storage lockers and bike room. Updated and well-maintained Kewanee Co. boiler. Common yard, 2 car brick garage. Steps to Edison Park Metra, Northwest Hwy corridor of restaurants, shops, bars and Park Ridge. Massive Value-Add opportunity here to boost rents and value. These rarely hit the market, so don't miss out and get that cash flow. *Cash Offers Only or Funded Exchanges with POF Only*
JEFFERSON PARK. 2-story mixed-use building for sale/lease. 9,259 SF building on 8,276 SF land. 5 parking spaces. Close to I-90/94. Highly visible ground level commercial bakery/kitchen with 2 storefronts. Warehouse and production in back. Some equipment included: coolers, freezers, ovens, floor drains, etc. Additional equipment available with purchase of business for extra. Two rented apartments on second level earning $3,000 monthly total. 1 loading dock. 12' clear height. Bring your bakery, catering, commercial kitchen, brewery, distillery, roastery, food buyers! Blocks from the Jefferson Park Transit center for CTA Blue Line and Metra. 4 minute walk to Copernicus Center. Other nearby businesses include Wingstop, Dunkin, Popeyes, etc.
BRICK TWO STORY BUILDING IN HIGH TRAFFIC AREA ALONG PULASKI RD. FEATURES ONE FRONT STORE IN THE FIRST LEVEL. THE SECOND FLOOR APARTMENT FEATURES 4 BEDROOMS WITH SKY LIGHTS AND SEPARATE DINING ROOM. BOTH UNITS ARE CURRENTLY RENTED. SECOND FLOOR APARTMENT IS MONTH TO MONTH THE STORE HAS A 2 YEAR LEASE. TENANT PAYS ALL UTILITIES. CONVENIENT LOCATION, MINUTES AWAY FROM MIDWAY AIRPORT, NEAR BY SHOPPING, RESTAURANTS, AND TRANSPORTATION.
Well maintained mixed-use 3 flat in on Sheffield Ave in Wrigleyville. Currently operating as a Bed and Breakfast with 4 floors of legal occupancy, as the basement houses a tavern called Room 13. Large parking pad in the rear and over $170,000 in furnishings and even a vintage car included. Easy reconfiguration to many uses beyond the current.
GREAT MIX USED BUILDING IN THE HEART OF BRIGHTON PARK ON BUSY ARCHER AVENUE. NEIGHBORHOOD BANK/SCHOOL/RESTAURANT/RETAIL STORES SURROUNDING.1ST FLOOR RETAIL SPACE , 2ND FLOOR WITH 4 BEDROOMS/2 BATHS, HARDWOOD FLOOR THROUGH OUT, 9' CEILING HIGH, CENTRAL HEAT & AIR. BUSINESS CENTRAL AREA, 10 MINUTES TO DOWNTOWN CHICAGO, STEP OUT TO PUBLIC SCHOOL,TRANSPORTATION.
Very clean open concept concrete construction with clean polished concrete floors built in 2010. Drive in door and loading area with ceiling heights 12ft on the North side and 18ft on the South section. There is parking located in the back of the building. The open space makes the property very versatile and could accommodate a wide range of retail or other business.
Looking for a great location for a business or parking. Don't let this property pass you by! Its right across the street from the Metra Train Station and close to 87th street and not far from several expressways. Property being Sold in As-Is Condition. Buyer and Agent would have to sign Hold Harmless form before viewing.
Buy it as an Investor, or Buy it as a User-Owner. Modern Store for Sale. Recently Remodeled. Brand New Bathroom and Carpet. Existing Furniture Available for Sale at Low Price! Ideal for: Real Estate Office, Insurance Office Attorneys, Accountants, Telemarketers, etc. Newer Heating and Air Conditioning.
You got to see this one!! 79th Street and Western! 2 commercial store fronts and a 3 bedroom apartment above await your endeavors and tenants. Tenants pay separate utilities, owner pays water. Across from St. Rita High School, CVS on corner, near several car dealers, bus stop in front of building, and lots of foot and vehicular traffic for your business. Opportunity waits in this well trafficked residential area south of business, parking in back is included as well. Roof, windows, and mechanicals, cabinets all updated. Come see this one today!
NEW PRICE! Come check out this ICONIC mixed-use, value-add 12 unit building in Chicago's incredible East Beverly neighborhood! This all-brick, beautiful building was built in 1904 and contains 6 retail storefronts on the main floor and 6 residential apartments on the 2nd floor. Sitting on busy 103rd street, this property provides retail owners a ton of vehicle and foot traffic to bring in business. Both the apartments and storefronts have been easy to rent quickly with little to no marketing effort. The property sits on a giant lot with a massive garage to the South of the main building. This area provides a ton of opportunity to the new buyer potentially for the addition of more units, storage or covered / enclosed garage space to generate additional revenue. Rents are currently under market with plenty of room for increases with efficient management. The back of the building is also currently used as a small gathering spot for the tenants to relax, play and / or bbq. All tenants have central HVAC for heating and cooling which was upgraded in the early 2000s. Roofs have been resealed in the past 5 years. Over a dozen parking spots in the rear of the building as well. Currently priced at a 7.75 CAP but with better management and getting rents to market this could easily be a 9+ CAP building. This property has unlimited potential and upside with the right plan. Schedule a showing today!
Corner lot brick building with 6 unit building with 5 residential apartments and 1 commercial space for office or store front. Plus full height basement! 3 Private parking spots. NEW Windows, NEW Roof, NEW tuckpointing. Building is completely gutted and cleaned out on the interior. Perfect opportunity for investors to complete this project! MUST HAVE A PRE-APPROVAL FOR A CONSTRUCTION LOAN OR PROOF OF FUNDS FOR A CASH TRANSACTION with all showing requests.
PRICE REDUCTION: We are proud to present the opportunity to acquire a historic building positioned in a strong transit oriented location in busy Downtown Chicago. 314-316 S Federal Street contains a total of 17,500 square-feet comprised of seven 2,500 square-foot floors and an additional 2,500 square-foot built-out and usable lower level. Located in Chicago's Loop near the corner of Jackson & Dearborn Streets, the building benefits greatly from its position between two CTA stops serving the Blue, Brown, Orange, Pink, and Purple Line trains. Steps from the Financial District on LaSalle, 314-316 S Federal Street offers immediate access to Chicago's best dining, shopping, and amenities. The property is also within immediate proximity to I-290, I-90/I-94, and Lake Shore Drive, offering easy access to businesses and residential neighborhoods throughout the Chicago Metro Area. A perfect opportunity for redevelopment, the floors lay out nicely for office, hospitality, or residential. Notably, boutique hotels opened in buildings this size have enjoyed distinct recent success in and around Chicago's Loop. The first floor and lower level offer ideal retail potential - a restaurant was successful there for many years. The building currently zoned DC-16, which allows for an additional nine stories. The property shares it's south wall with a large public parking garage for visitors. Built in 1912, this asset is also an excellent candidate for Class L Property Tax Incentive, further strengthening its viability for robust growth as an investment.
Large Price Reduction. Owner Financing Available. Logan Square mixed use property. Excellent opportunity to rehab and enjoy the profits for many years to come plus a profitable resale value. Needs complete rehab or tear down. Currently all units are used for storage.
Former training center/pilates studio with 13' ceilings and open floor plan available for retail, office or medical use. Wide open space with front reception area. Walking distance to Andersonville restaurants and shops. Easy street parking.
Investment opportunity -- 10.5% cap rate -- in North Austin provides reliable monthly income from two 3-bedroom apartments on Housing Choice Vouchers plus seller is operator of successful ground-level sandwich shop who would like a sale-leaseback. Separate HVAC setup, including individual central air. Tenants pay $1,600 each plus all utilities except water. Ground-level space rents for $1,000 but business and LLC that owns building is controlled by same person. Expenses do not include costs of restaurant operation as they are now paid by owner and would continue to be under sale-leaseback. Full basement. Frontage benefits from 23,100 cars per day per IDOT. Roof replaced two years ago. Brick building at less than $77 per sf! Building should produce 7.6% cash-on-cash return (based on 25% down, 8.5% interest, 25-year amortization).
This is a rare opportunity to own a free-standing, two-story office building in the highly sought-after West Loop neighborhood of Chicago! The West Loop is a dynamic and vibrant area, known for its thriving business community, diverse dining options, trendy bars and cafes, and beautiful parks and green spaces. This property has been fully renovated inside and out, and features 15 private office spaces, multiple conference room areas, a full kitchen, over 1000 sqft of warehouse space, and 7 parking spots. With public transit just a stone's throw away, your growing company will benefit from the convenience and accessibility of this location.Don't miss your chance to own a piece of this vibrant community in one of the most desirable neighborhoods in Chicago!
This is a rare opportunity to own a free-standing, two-story office building in the highly sought-after West Loop neighborhood of Chicago! The West Loop is a dynamic and vibrant area, known for its thriving business community, diverse dining options, trendy bars and cafes, and beautiful parks and green spaces. This property has been fully renovated inside and out, and features 15 private office spaces, multiple conference room areas, a full kitchen, over 1000 sqft of warehouse space, and 7 parking spots. With public transit just a stone's throw away, your growing company will benefit from the convenience and accessibility of this location.Don't miss your chance to own a piece of this vibrant community in one of the most desirable neighborhoods in Chicago!
Developers Welcome! Complete Redevelopment Opportunity in the 71st & Stony Island TIF Zone & City of Chicago Recommended Opportunity Zone. 7500 SF Lot with 6600 SF Building Improvement centrally located in the high traffic, high density South Shore community. Zoned C1-3 perfect for commercial use: office, medical, storefront, daycare. Stong retail corridor: include a high-quality grocer, Subway, Walgreens and T-Mobile.
Retail storefronts located in the Belmont Cragin neighborhood is available for sale and is currently leased to Cakes & Beyond, Kung Fu Karate School, Oscar's Foods and Puzio Insurance Agency. Fully occupied, this center offers solid in-place income. Situated on heavily-trafficked stretch of Belmont Avenue, this is a great opportunity for a user or investor. Nearby retailers include Target, Jewel-Osco, XSport Fitness, Lowe's, Home Depot, PetSmart, Tony's Fresh Market, Domino's Pizza and more.
Property is vacant and in need of complete rehab. Features Four 3 Bedroom, 1 Bathroom units and Two 2 Bedroom, 1 Bathroom units. 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
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.