3548 W. 13th Pl, Chicago, IL 60623, is a 6-unit multifamily property offering an exceptional investment opportunity in the vibrant North Lawndale neighborhood. Built in 1901, this Class C property delivers immediate cash flow and value-add potential while benefiting from its prime location within both an Opportunity Zone and Enterprise Zone 1, providing substantial tax incentives for investors. Priced at $500,000, with a price per square foot of $80.00, the property features three 3-bedroom, 1-bathroom units and three 2-bedroom, 1-bathroom units, catering to families and working professionals. This desirable unit mix ensures stable occupancy in a market undergoing revitalization and economic growth. The property generates a current net operating income (NOI) of $56,469, translating to an impressive 11.29% cap rate and a gross rent multiplier (GRM) of 6.13. With financing at a 75% loan-to-value (LTV), 6.25% interest rate, and 30-year amortization, the property achieves a cash-on-cash return north of 23%. Pro forma financials project an NOI of $60,321, boosting the cap rate to 12.06% and the GRM to 5.79, with a cash-on-cash return exceeding 26%. This property combines strong in-place financial performance with upside potential through strategic rent optimization, all while leveraging significant tax benefits. Located at 3548 W. 13th Pl, the property benefits from its proximity to transportation, schools, and amenities, ensuring strong tenant demand and long-term growth opportunities.
Incredible business opportunity to own a massive commercial building in the booming Little Village neighborhood in Chicago! This property is located in an ideal location on the extremely busy Pulaski Rd and only blocks from the famous 26th Street! Be ready to grow your business here with very little marketing expense needed! Extremely profitable tire shop occupies this space with new walk-in customers daily due to the location and the density of this community! You can continue to operate the tire shop, acquire a loyal book of business, and make money on the first day as an owner! You simply won't find another location like this one! This property is a money maker for all kinds of businesses including the existing tire shop, auto shop, car wash or any idea you can think of! Close to 8,000 sq ft which includes a large working space, office space, waiting area, storage space, partial basement and a second floor space for additional offices! High ceilings allow for lifts and other industrial equipment. Property consists of front and rear entrances for vehicle drive throughs. All brick structure, with recent roof replacement, extensive work to truss system, electrical upgrades, and proper heating throughout. Property has low taxes for a commercial property of this size. Property is also fit for an investor looking to develop. Similar structures in the area have sold for over a million dollars. Little Village is one of the highest appreciating neighborhoods in Chicago with a variety of successful businesses due to the density, central location, and popularity of the neighborhood. Tons of new investment in the area from national to local businessinesses as well as from the city. Schedule your showing now!
HEART OF LOGAN SQUARE! Exceptional opportunity to acquire a two-story, 12,500 SF restaurant/brewery building (former Revolution Brewing for over 14 years). High visibility with 50' of frontage along the Milwaukee Avenue Commercial Corridor. Nearby establishments include Daisies, Slippery Slope, The Chicago Diner, and Emporium Arcade. The inviting interior boasts a 12-foot clear ceiling height, decorative ceilings, a view of the brewing system, and large storefront windows that open to the street. The expansive second floor features a second bar and is ideal for private events, including weddings. Additional features include a drive-in door, a full-height basement with a walk-in cooler, and ample space for beer tanks. Existing licenses include Retail Food, Incidental Consumption on Premises, and PPA. Furniture, fixtures, and equipment are available for separate purchase. The building has an occupancy of 299. Convenient location close to I-90/94. California Blue Line is just a 4-minute walk away. Logan Square has a population of 475,348 within a 3-mile radius, with a median household income of $95,301.
Prime commercial opportunity at 4606 W Lawrence Ave, featuring a versatile property with three unique spaces-a storefront/office, a spacious apartment, and a warehouse. Situated on an oversized lot in a high-traffic area, this property offers incredible visibility and accessibility, making it perfect for an owner-operator seeking office, warehouse, or both. The building has been meticulously maintained with a newer roof and well-kept mechanicals, ensuring peace of mind and minimal upfront investment. This property is ideal for businesses looking to combine work and living space or investors aiming to capitalize on its versatility and location.
Three parcel portfolio along the North Branch of the Chicago River and adjacent to the Lincoln Yards development. This unique assembly includes a raw artist studio with approx 7,200 sq ft over two levels, a stunning timber loft residence with courtyard and indoor/outdoor spaces, and a 6,000 sq foot timber warehouse. The parcels function separately or collectively. 1686 N ADA: The warehouse spans roughly 100' x 60' with ceiling height ranging from 14-16'. Multiple skylights bring in lots of light, and a large overhead door opens directly onto Ada street. 1684 N ADA: One of the most unique homes in the city, this original factory has been thoughtfully converted into a remarkable private residence. Enter into the courtyard via an overhead garage door from the alley. Timber ceilings, fire block & concrete walls. Approximately 3,500 square feet of live/work space. Currently configured as a one bedroom, two bathroom home with wide open living spaces. Large gallery opens to the courtyard, perfect as a work space & for entertaining. The gallery could be converted into additional bedrooms if desired. Building underwent complete renovation ~15 years ago: radiant heated floors, tear off roof, new steel windows & doors, and the addition of outdoor space. Parking for 2+ cars in the indoor garage and several more in the private courtyard. 1682 N Ada: 7,000+ square foot raw studio space that connects the other 2 parcels. This could be a continuation of the residence or it could support the large open timber warehouse with bathrooms, a kitchen, bar, etc. M3-3 allows for a huge variety of uses, and creates plenty of allowable additional FAR and height. Keep the spaces separate, or combine for a stunning collective space. The residence at 1686 currently is used as an event space hosting weddings, parties and photo shoots. Bookings currently through October 2025. The location provides for abundant nearby parking with easy highway & downtown access. Several music venues nearby include The Salt Shed, Outset, and The Hideout. The Lincoln Yards development is right across the street and will bring thousands of residential and office spaces to the area along with infrastructure improvements like parks and a continuation of the 606 trail.
For Sale or lease!! Gorgeous corner condo retail or office on first floor of newer building. Has been office and salon as well as retail/showroom. On Grand Avenue in the heart of the Antique/Retail stores ,near the new Green line,Publican,Alliance,etc. 1200 square feet completely built out, 4 separate offices apx 11x11 each with glass panels to let light in,and open area as well. Keep layout as is or open or extra water lines for extra sinks,Private restroom, HVAC,, reception, andwaiting area.Perfect for medical,salon,spa ( may need special use) office, retail or showroom. Front entrance on Grand Ave, T1 lines, phone lines, hardwood floors. easy to show.SBA loan possible or lease with Gross lease/option to purchase. condo association restricts alcohol sales and restaurant.
2nd Generation Restaurant with Drive-Thru Available For Sale or Lease in Roseland Neighborhood of Chicago. Hood ventilation and Walk-In Cooler Infrastructure in Place. Includes Parking Lot For 24 Vehicles. Pylon Sign Provides Great Exposure With 133' of Frontage Along 103rd Street With Over 10,150 VPD and Significant Pedestrian Traffic. Easy Access to and from I-94 & I-57 and Public Transportation via Metra Rosemoor Station and CTA #103 Bus Route. Area Retailers Include Church's Chicken, Dollar Tree, Subway, Chase Bank, Family Dollar, White Castle, Walgreens & Autozone. PROPERTY TO BE SOLD IN "AS-IS" CONDITION. TENANT IMPROVEMENT ALLOWANCE AND RENT ABATEMENT AVAILABLE TO QUALIFIED TENANTS.
Great mixed use building on Irving Park Road available. The asking price if someone elected would include a transfer of the entity that holds the current tavern license. The building is a two story brick building with a fully improved Tavern with a commercial kitchen on the ground floor. The second floor is a former residential unit that has been gutted.
Fantastic opportunity to own or lease a freestanding commercial building in Bucktown with direct access to expressway I90/94. Includes onsite parking lot and large sign. Positioned directly across from Midtown Athletic Club, the location benefits from high traffic with 23,300 vehicles passing daily along Fullerton. Excellent accessibility, located just one block east of the entrance/exit ramp to I-90/94 at Fullerton Avenue. Only 3 miles from Chicago's Central Business District and 3 miles to Lake Shore Drive. Featuring a dramatic tall ceiling, exposed brick and beams, and an open-truss warehouse design, this property is perfect for a wide range of uses including retail, event space, bar/restaurant, daycare, office, etc. Businesses within 0.5 miles of the property include Chic-fil-a, Panera, Binny's, Fresh Thyme, Target and Home Depot.
Welcome to an all brick building just steps away from Humboldt Park, and nestled in the heart of Augusta Boulevard, Kedzie Avenue, Sacramento Boulevard and Grand Avenue. This building boasts nearly 12,000 square feet of space coupled with very high ceilings for additional storage along with four access points. Essentially, there are two attached buildings with two different height clearances. The east building has over a 14 feet ceiling height clearance. The west building has over a 19 feet ceiling height clearance. There are two access points on the south side of the building and there are two additional access points on the north side of the building. All four access points can be reconfigured for additional height and width clearances as a result of additional masonry work. This building is Zoned C1-2 and there are many permitted uses, such as, but not limited to, a storage facility, a day care, animal services facility, artist space, building material sales, a restaurant, a tavern, a liquor store, office space, a hair salon, a nail salon, a laundromat, an amusement facility, a children's play center, a car wash and/or limited manufacturing facility. There are many conditional uses and one can even rezone the subject property. Please feel free to download the C1-2 Zoning guide in the Additional Information tab of this listing. NOTE: The current owners will remove their personal property prior to closing. Easy to show.
Welcome to an all brick building just steps away from Humboldt Park, and nestled in the heart of Augusta Boulevard, Kedzie Avenue, Sacramento Boulevard and Grand Avenue. This building boasts nearly 12,000 square feet of space coupled with very high ceilings for additional storage along with four access points. Essentially, there are two attached buildings with two different height clearances. The east building has over a 14 feet ceiling height clearance. The west building has over a 19 feet ceiling height clearance. There are two access points on the south side of the building and there are two additional access points on the north side of the building. All four access points can be reconfigured for additional height and width clearances as a result of additional masonry work. This building is Zoned C1-2 and there are many permitted uses, such as, but not limited to, a storage facility, a day care, animal services facility, artist space, building material sales, a restaurant, a tavern, a liquor store, office space, a hair salon, a nail salon, a laundromat, an amusement facility, a children's play center, a car wash and/or limited manufacturing facility. There are many conditional uses and one can even rezone the subject property. Please feel free to download the C1-2 Zoning guide in the Additional Information tab of this listing. NOTE: The current owners will remove their personal property prior to closing. Easy to show.
GREAT OPPORTUNITY TO RENT THIS 950 SQ FT COMMERCIAL SPACE IN PRIME LOCATION. COME AND SEE!!! SHERIDAN RD CORRIDOR BUSTLING WITH CUSTOMERS. STREET LEVEL SEPARATE ENTRANCE IN HIGH RISE CONDO WITH 262 UNITS. GROW YOUR BUSINESS. EXCELLENT FOR ATTORNEY OFFICE, INSURANCE OFFICE, DRY CLEANERS, DOG GROOMING, NAIL CARE, AND MASSAGE PARLOR. RENTAL IS UNFURNISHED AND INCLUDES BASIC CABLE & HEAT. NOTE!!!! LANDLORD PAYS ASSESSMENT, NOT RENTER.
GREAT OPPORTUNITY TO RENT THIS 950 SQ FT COMMERCIAL SPACE IN PRIME LOCATION. COME AND SEE!!! SHERIDAN RD CORRIDOR BUSTLING WITH CUSTOMERS. STREET LEVEL SEPARATE ENTRANCE IN HIGH RISE CONDO WITH 262 UNITS. GROW YOUR BUSINESS. EXCELLENT FOR ATTORNEY OFFICE, INSURANCE OFFICE, DRY CLEANERS, DOG GROOMING, NAIL CARE, AND MASSAGE PARLOR. RENTAL IS UNFURNISHED AND INCLUDES BASIC CABLE & HEAT. NOTE!!!! LANDLORD PAYS ASSESSMENT, NOT RENTER.
GREAT OPPORTUNITY TO RENT THIS 950 SQ FT COMMERCIAL SPACE IN PRIME LOCATION. COME AND SEE!!! SHERIDAN RD CORRIDOR BUSTLING WITH CUSTOMERS. STREET LEVEL SEPARATE ENTRANCE IN HIGH RISE CONDO WITH 262 UNITS. GROW YOUR BUSINESS. EXCELLENT FOR ATTORNEY OFFICE, INSURANCE OFFICE, DRY CLEANERS, DOG GROOMING, NAIL CARE, AND MASSAGE PARLOR. RENTAL IS UNFURNISHED AND INCLUDES BASIC CABLE & HEAT. NOTE!!!! LANDLORD PAYS ASSESSMENT, NOT RENTER.
The property is mixed-use, 2 commercial 2 apartments in the popular Roscoe village neighborhood on the north side of Chicago. Key Highlights: Retail - Fonseca Martial Arts: 1,250 sq. ft., 3 years remaining on lease with one 5-year renewal option. Owned and operated by John Fonseca, a world renowned karate champion. Retail - Urban Grind: 2,850 sq. ft. ground floor + basement. New 5-year lease with three 1-year renewal options. A holistic fitness center. Residential Units: Spacious two-bedroom units, individually metered for electricity, heat, and hot water. Easy value-add opportunity bringing up one of the units rents to market Location Proximity & Retail Amenities: 5 miles northwest of downtown Chicago, 1.1 miles from Paulina "L" Station, and close to major bus stops and interstates (90 and 94). Surrounded by national retailers like Target, Mariano's, Jewel-Osco, Wild Fork, Aspen Dental, 7-Eleven, and more. Significant investments in the adjacent intersection with new developments, including a 7-Eleven Gas Station and a retail strip center anchored by Wild Fork and Aspen Dental. Increased pedestrian traffic due to new developments. Unmatched Traffic Counts & Demographics: Over 15,100 vehicles/day on Belmont Ave and 35,800+ vehicles/day at the Belmont/Western intersection. Over 44,700 residents within a 1-mile radius (average household income 218,879) and 602,700+ residents within a 3-mile radius (average household income 156,654). All new windows placed 4 years ago (including new doors, first floor and second floor). First floor was done by Ashland glass, 2nd floor by Anderson. All water boilers were replaced about 7 years ago. The roof was replaced 6 years ago. No warranties. Do not disturb tenants
Prime Commercial Office, Retail, and Flex Space available, offering divisible units ranging from 310 sq ft to 1,130 sq ft. This versatile property is designed to accommodate a wide variety of businesses, from retail and medical offices to fitness centers and design studios. Located at Outer Drive East in the heart of downtown Chicago's Lakeshore East neighborhood, this fully renovated space offers a prestigious setting with water access. The space features new drywall, LED lighting, luxury vinyl plank (LVP) flooring, water hookups, and a well-equipped kitchen, making it ideal for businesses seeking a modern and functional environment.
Welcome to an all brick building just steps away from Humboldt Park, and nestled in the heart of Augusta Boulevard, Kedzie Avenue, Sacramento Boulevard and Grand Avenue. This building boasts nearly 12,000 square feet of space coupled with very high ceilings for additional storage along with four access points. Essentially, there are two attached buildings with two different height clearances. The east building has over a 14 feet ceiling height clearance. The west building has over a 19 feet ceiling height clearance. There are two access points on the south side of the building and there are two additional access points on the north side of the building. All four access points can be reconfigured for additional height and width clearances as a result of additional masonry work. This building is Zoned C1-2 and there are many permitted uses, such as, but not limited to, a storage facility, a day care, animal services facility, artist space, building material sales, a restaurant, a tavern, a liquor store, office space, a hair salon, a nail salon, a laundromat, an amusement facility, a children's play center, a car wash and/or limited manufacturing facility. There are many conditional uses and one can even rezone the subject property. Please feel free to download the C1-2 Zoning guide in the Additional Information tab of this listing. NOTE: The current owners will remove their personal property prior to closing. Easy to show.
Investors this is your Opportunity to own a solid brick 16 unit California style apartment building on a great block in Roseland. Located on a corner lot at the end of the block directly behind a Metra stop. This property is in need of a full gut but can definitely be a cash cow. 12 (1 bed/1 bath and 4 2bedrooms/1bath), baseboard heating, new roof in 2021 and a 16 spot parking lot.
2250 W. Grand is a wood loft structure. The 2nd floor has stunning 20 ft ceiling height, a gourmet kitchen, 3 washrooms (1 with a shower) and a mezzanine level that has a washer/dryer hook-up. It has been a photography studio, gallery and general office in the past 2 decades. It is now available for the next occupant (owner or tenant) to create their own space. Zoning may allow this to be an owner occupied space. Individual HVAC, several 10+ foot windows, a conference room (or dining room)and all with 100+ year old wood floors. The 1st floor is a retail store (who has been in place for over 8 years and would like a multi year lease extension). There are 2 parking spaces in the rear or convert the fenced back yard to your own vision. The 10 ft front doors were just replaced in late 2024. The roofs were tearoffs (2250 was done in 2017, 2246 in 2015 and the garage in 2019). This property comes with the adjacent mixed use fully leased 2 flat (retail store and apartment) and the vacant lot on the far side of that building. In the past the lot was used for private events. There is a 2 car garage as well. With a bit of vision this will be a stunning office, gallery, art studio space, residence or the enviable environment for your business. Note: The financials reflect the 3,589 sf 2nd floor space as vacant and no income being generated.
Excellent Chatham location with ideal visibility at the Dan Ryan and 83rd St. Free standing 5,200 SF 2nd generation restaurant space with large windows along entire facade and 28 parking spaces. Ideal for restaurant, medical office, dental offices or Coworking space.
Duplex down office condominium in Uptown neighborhood of Chicago. Great quiet location for many business types. 1200 square feet with private entry, high ceilings, custom lighting and AC. Meticulously designed to blend functionality with contemporary style. The property has a generously sized conference room on the 1st level, abundant storage space, full bath and kitchenette. The lower level is a nicely finished open office area. Near the Wilson Red and Purple line. Its proximity to the vibrant Uptown entertainment district is ideal for any service-based businesses, health and wellness practices, marketing and media firms, or could be a good fit for a recording studio due to the lower level. Boasting the advantages of a well-managed condo association, within secure entry, nominal monthly dues, and substantial building reserves. Easy street parking.
Don't miss out on this remarkable investment opportunity in the vibrant Chatham area! This meticulously cared-for property features six occupied units, each home to long-term tenants, making it a solid income-producing asset. The versatile finished basement can be utilized for additional living space or possible extra rental income. Rich historic details, including hardwood floors, charming fireplaces, and intricate trim work, highlight the property's character. Recent improvements, such as energy-efficient vinyl windows and updated bathrooms, provide an excellent mix of classic charm and modern amenities. With a spacious laundry area, a 4-car brick garage, and a pristine interior and exterior, this property stands out. Located conveniently near local shops and public transport, this is a rare chance for savvy investors to secure a unique and profitable property in Chatham. Take advantage of this chance to transform this space into your next lucrative investment!
Don't overlook this unique opportunity to create something truly special in this new to market Mixed Use building. The expansive main floor unit extends all the way to the rear alley, providing over 3,000 sq ft of flexible space ready for your creative ideas. The main level has 2 private half baths, a private meeting room, large gathering space, front office, foyer and multiple storage options. Upstairs, you will find a 4 bedroom, 1 full bath apartment. Apartment roof is new as of November 2022. A full sized basement offers plenty of options for additional storage. With some imagination and care, this property has the potential to become a profitable long-term investment. Strict AS-IS sale.
This unique mixed-use property offers a spacious four-bedroom, two-bathroom single-family home with a private two-car garage, located above and behind a commercial storefront. The residence features a bright and open layout, perfect for comfortable living and entertaining. Situated on a major street with high traffic and directly across from a park, the storefront offers excellent visibility, providing an outstanding opportunity to generate rental income or stablish your own business while enjoying the privacy and convenience of a well-appointed home. Ideal for those seeking both flexibility and investment potential!
Discover the potential of this 5-unit property, perfectly situated just steps from Lincoln Park. Featuring four parking spaces at the rear and an unbeatable location, this property is a fantastic investment opportunity. For more information or to arrange a showing, contact the listing broker today. Currently no tenants. Seller occupies first floor unit. Building being sold AS-IS.
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.