Chicago IL Real Estate & Commercial for Sale

Position yourself for success with this solid 7-unit brick building, ideally located in Chicago's rapidly growing Greater Grand Crossing neighborhood - just minutes from the new Obama Presidential Library, Metra stations, shopping, and public transportation. This is the kind of high-potential investment opportunity that serious buyers move quickly on. The building consists of six spacious 1-bedroom, 1-bath units and one large 3-bedroom, 1-bath unit, offering an excellent rental mix to attract a variety of tenants. Major improvements have already been taken care of, including a brand-new roof in 2023, new front windows installed in 2020, and three new furnaces added the same year, giving you peace of mind and reducing future maintenance costs. Tenants are responsible for their own gas and electric, while the owner covers water, common gas, and lighting expenses. There is also a detached 2-car garage for added convenience, laundry facilities in the basement, and untapped potential to add an additional unit to further boost your income. Currently, three units are rented while four units are vacant, presenting the perfect scenario for both immediate cash flow and future rent growth after light improvements. Some updating has already been completed, allowing you to step in and tailor the property to maximize returns. This property is being sold as-is and offers a golden opportunity to secure a valuable income-producing asset in an area on the brink of major revitalization. With solid fundamentals, prime location, and endless upside, this is the kind of deal that smart investors recognize - and act on - fast. Don't let this opportunity pass you by. Schedule your showing today and start building your future wealth!

Exciting Investment Opportunity in Greater Grand Crossing! Welcome to 7459 S Champlain Ave, a versatile 4-unit building with a coach house-all on a spacious 2.9X oversized lot with one PIN. Located just six blocks from the iconic Lem's BBQ and the James Beard Award-winning Brown Sugar Bakery, this property is perfectly positioned in one of Chicago's up-and-coming neighborhoods. The main building features four residential units, plus a coach house located at 644 E 75th St-included in the sale under the same PIN. Currently, 4 of the 5 total units are occupied, with one tenant preparing to vacate, presenting a perfect opportunity to increase rental income with updated market-rate tenants. All units are equipped with stoves and refrigerators, and one of the vacant unit's bathrooms is currently being updated, offering immediate upside. The property also boasts clean common hallways and has been well-maintained. Also includes a big unfinished basement in the main building. Whether you're a seasoned investor or just starting your portfolio, this multi-unit gem with extra coach house potential is ideal for adding value and increasing cash flow. Don't miss your chance to invest in this appreciating area with built-in income and room for growth.

Offering three versatile office/retail storefronts, each approximately 1,000 square feet. Units can be combined if desired to accommodate larger space requirements. Currently configured as two office suites and one open, finished space. Each unit features separate utilities and individual entrances/exits. Recent improvements include a freshly paved parking lot (2023), all new furnaces installed (2023), and a re-sealed roof (2022). A private parking lot accommodating 10+ vehicles is located at the rear of the building. Owner is seeking to sell the property and lease back one of the units.

THIS IS YOU RETIREMENT PIECE! VERY LARGE LIGHT FILLED APARTMENTS OFFERING LARGE ROOMS, UPDATED AMENITIES AND FULLY OCCUPIED. SO MANY NEW THINGS: ELECTRICAL, PLUMBING, HEATING, ROOF, PORCH, WINDOWS, KITCHENS, BATHS. ALL THIS AND A BEAUTIFUL COMMON HALL. P O S I T I V E INCOME!! SCHEDULE YOUR VIEWING TODAY.

Unique property with a total of 13 residential apartments, a church and a storefront property previously used as a beauty salon. Property located in the middle of a proposed revitalization project through the city of Chicago. The proposed plan is said to convert the area into shops and restaurants. Some of the residential units are in need of many repairs from fire damage, but a great opportunity to own this massive building in an up and coming area. Property has three addresses but one pin. (935 E. 75th, 937 E. 75th & 7507-09 Ingleside). Sold AS IS

Exceptional investment opportunity in a high-visibility location! This 6,250 sq ft dual-tenant commercial building at 4235 S Archer Ave is strategically situated on Archer Avenue, boasting a high traffic count of 25,200 vehicles per day, ensuring maximum exposure for your business or tenants. The property features two units: a well-appointed hair salon with a spacious basement offering 7 office spaces, a kitchen with High End Viking appliances, a full bath, a half bath, and a 1-car garage. Unit two has a large open space floorpan with a substantial basement and an office. Significant updates include three new 2024 furnaces and 2022 water heaters. Zoned C1-3 by the City of Chicago, this property offers outstanding flexibility for a wide array of commercial uses allowing for diverse income streams or business operations. Don't miss this chance to capitalize on a prime commercial property with strong income potential and future development possibilities. Selling As-Is.

The address is 3256 & 3258 N. Elston Ave, Chicago, Illinois 60618. These addresses are in accordance with Cook County records. There are two city lots and two PINs. The plat of survey is available. The building is sold "AS IS." The property was utilized as a restaurant for 35 years with a commercial kitchen. The kitchen equipment, to include two commercial ranges and stoves, grill, freezer and refrigerator and commercial hood and exhaust system, will be included in the sale. The commercial pots and pans, meat grinder and other miscellaneous kitchen equipment will also be included. The chairs and tables, the bar and commercial sinks will be included. The commercial cooler behind the bar is included. The property is owner occupied and the financials are projections.

Exceptional Investment or Owner-Occupant Opportunity This brick two-story mixed-use property offers tremendous potential for both investors and owner-occupants alike. The building features a spacious 3,000 sq. ft. of living and commercial space, including a 2-car garage. The second-floor apartment boasts three generously sized bedrooms (with a tandem 3rd bedroom), one bathroom, and in-unit laundry. The unit is finished with hardwood floors throughout and is currently tenant-occupied on a month-to-month basis. The ground floor presents a vacant, well-kept commercial storefront with two restrooms, providing excellent flexibility for a variety of businesses. The full, clean basement offers additional storage and operational space. The property benefits from low property taxes and is ideally located on a high-traffic street, just a short walk to public transportation and only minutes from I-290, ensuring maximum visibility and convenience. Property sold as-is. Don't miss out on this unique opportunity to capitalize on a prime location with solid income potential!

Come and see this beautiful 26,000sq ft property with so many possibilities. First floor alone can hold between 950 and 1200 people, think about opportunities such as Event Center, Commercial size Art Gallery, Church, Offices, Childcare or Adult-care, after-school programs, second-chances programs or a School. The 2nd and 3rd floor consists of 16 huge classrooms about 30x30 sq ft. There a Commercial size Kitchen on the 2nd floor which is about 40x40 st ft. There is another huge hall on the 2nd floor. Must see.

PRIME INVESTMENT OPPORTUNITY LOCATED IN THE HIGHLY DESIRABLE NORTHWEST SIDE OF CHICAGO ACROSS FROM HAUGAN PUBLIC SCHOOL, THIS WELL-MAINTAINED CORNER YELLOW BRICK BUILDING FEATURES TWELVE (12) SPACIOUS UNITS CONSISTING OF THREE (3) 2BD/1BA AND NINE (9) 1BD/1BA APARTMENTS. THIS PROPERTY OFFERS AN ARRAY OF AMENITIES, INCLUDING OVERSIZED RESIDENT STORAGE UNITS, AN ON-SITE LAUNDRY FACILITY WITH TWO (2) COMMERCIAL COIN-OPERATED GAS DRYERS + TWO (2) COMMERCIAL COIN-OPERATED WASHING MACHINES, A BACK COURTYARD AND A 1-CAR DETACHED GARAGE. THE BUILDING IS EQUIPPED WITH OWNER PROVIDED GAS STEAM BOILER HEAT AND HOT WATER WHILE RESIDENTS ARE RESPONSIBLE FOR THIER COOKING GAS AND ELECTRIC UTILITIES. THIS RARE OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW AND LONG-TERM GROWTH IN ONE OF CHICAGO'S ESTABLISHED RESIDENTIAL AREAS. PROPERTY HIGHLIGHTS: - OVERSIZED RESIDENT STORAGE UNITS - BUILDING OWNED LAUNDRY FACILITY - (1) CAR DETACHED PARKING GARAGE - GATED BACK COURTYARD

East Albany Park neighborhood at its best commercial corridor of retail/pedestrian traffic. The corner of Montrose Ave., at Whipple Ave., just east of Kedzie Ave., traffic light intersection. 2024, recent improvements exceeded $200,000. Approximately 7,470 Sq. ft. of land and 6,500 Sq. ft. of mixed-use building. 2-pin numbers front and back. Offering the possibility of erecting another multi/mixed-use building on the rear pin number with the address of 4410 N. Whipple Ave. Current existing building featuring 5-Commercial stores leased to 3-different tenants/users. 2-Residnetial units on the 2nd level, consisting of 2-bedrooms 1-bath each. NEARBY retailers, include, Walgreens, Starbucks, Dunkin Donates, restaurants and shops. Strong street presence and exposure. Walking distance to all convenient retailers, shops, entertainment places, and public transportation. Rear metal gated parking offers 15-Spaces. Great location, close to major roads, interstates, O'Hare Airport, downtown, and within short distance to Lake Shore Dr.

The JonBerg Group of Baird & Warner Real Estate, INC has been exclusively engaged to solicit offers to purchase the subject property located at 806 North Rush Street, Chicago Illinois 60611 (the "Property"). Situated on a 1,742-square-foot lot, this 3,912-square-foot building is zoned DX-12, which allows for numerous uses. This opportunity exists in one of the strongest-performing commercial, retail, and residential real estate markets in the world. The subject property is described as a freestanding mixed-use building currently entirely vacant with excellent development potential. Just steps from Chicago's famed Historic Water Tower, this building sits in one of the busiest locations in all of Chicagoland. Located in the heart of the most popular shopping destinations in the Midwest, this premier asset takes complete advantage of the Gold Coast, Rush Street, and Michigan Avenue. An excellent opportunity for an owner-user, investor, or developer.

SVN Chicago Commercial is pleased to present 291 N Union Ave for lease or sale. The recently updated 623 SF retail storefront offers an open layout suitable for a range of small retail concepts. The space has 14' high ceilings, brand-new tile floors and repainted walls. Additionally, the space has a large bathroom and is move-in ready, however, can be easily partitioned. Conveniently located in the Fulton River District, this retail space benefits from a dynamic local community and easy accessibility. Located steps away from the Clinton Blue Line stop as well as near Interstate 90/94 and downtown Metra Stations, this storefront is accessible via multiple modes of transportation.

Large all brick six unit in very good, well-maintained condition. All one-bedroom units are all in very similar condition with all new back porches, huge Living Rooms, eat-in Kitchens, formal separate Dining rooms and generous sized bedrooms. Access to several laundry areas for all units. Two separate basement areas on each side of building. Large, fully gated lot with plenty of parking space, Newer roof, well maintained HVAC etc. Building square footage is similar to other buildings with all 2-bedroom units so perhaps the units can be reconfigured to all 2-bedrooms somehow, however, would likely require moving walls etc.

Located in the heart of Ukrainian Village, this beautifully maintained all-brick six-unit building presents a prime investment opportunity. The property includes a mix of three spacious three-bedroom, one-bath apartments-each with the third bedroom currently used as an office-and three charming one-bedroom, one-bath units. Every apartment features its own balcony, with some offering skyline views, along with modern finishes such as granite countertops, dishwashers, hardwood floors, and central heating and air conditioning. The fully finished lower level adds exceptional value, offering two separate owner suites with two full bathrooms and one half bath, a finished workshop nook, and generous storage space. Additional highlights include a meticulously landscaped and gated backyard, 6 private garage parking for each unit, and numerous recent upgrades: newer windows, fresh tuckpointing, updated electrical and water service, roof improvements, and a newly painted fence. On-site laundry facilities eliminate the hassle of off-site trips, and private garages remove any street parking concerns. This turnkey property offers low maintenance and stable, long-term returns in one of Chicago's most desirable neighborhoods.

Introducing a prime investment opportunity in Bucktown, this newer 10-unit building is a testament to modern luxury and urban convenience. Each extra-wide condo-quality apartment boasts high ceilings, balconies, hardwood floors, granite countertops, and 42-inch cabinets with stainless steel appliances, creating a sophisticated living experience. Oversized windows flood each unit with natural light, enhancing the spacious rooms and elegant interiors. The building includes eight storage units and nine attached garage spots, ensuring ample convenience for residents. Currently, the property is fully occupied with long-term, high-quality tenants, offering stability and immediate rental income. There is significant potential to increase rental rates, supported by the upscale design and desirable location. Featuring eight upscale residential units and two commercial spaces, each with separate tax IDs, this property offers versatility and investment security. Situated near the Blue Line and Western Avenue CTA stop, residents enjoy easy transit access, while the vibrant neighborhood boasts trendy restaurants, fashionable boutiques, art galleries, and music venues, enriching the local lifestyle and attracting a dynamic tenant base.

Introducing a prime investment opportunity in Bucktown, this newer 10-unit building is a testament to modern luxury and urban convenience. Each extra-wide condo-quality apartment boasts high ceilings, balconies, hardwood floors, granite countertops, and 42-inch cabinets with stainless steel appliances, creating a sophisticated living experience. Oversized windows flood each unit with natural light, enhancing the spacious rooms and elegant interiors. The building includes eight storage units and nine attached garage spots, ensuring ample convenience for residents. Currently, the property is fully occupied with long-term, high-quality tenants, offering stability and immediate rental income. There is significant potential to increase rental rates, supported by the upscale design and desirable location. Featuring eight upscale residential units and two commercial spaces, each with separate tax IDs, this property offers versatility and investment security. Situated near the Blue Line and Western Avenue CTA stop, residents enjoy easy transit access, while the vibrant neighborhood boasts trendy restaurants, fashionable boutiques, art galleries, and music venues, enriching the local lifestyle and attracting a dynamic tenant base.

Here's your chance to own property on business lined 79th St.!! There is 1 office on the first floor. The second floor has two one bedroom apartments. Tenants pay their own gas, heat and electric. As a plus, there's parking located in the rear of the building. Property being sold as is. Schedule your appointment and make an offer today!

Medical office condo for sale or lease in Lincoln Park. Heavy buildout of private offices. Excellent condition. 1 deeded parking space included.

A prime commercial storefront is now available for sale in the bustling heart of Chicago's vibrant Chinatown. Situated in a high visibility area, this property offers an ideal location for various businesses such as offices, shops, or clinics. Its proximity to all major transportation hubs and highways ensures easy accessibility for both customers and employees. With countless restaurants, shops, and public transportation options nearby, the storefront is conveniently nestled within the pulse of the city. Additionally, for added convenience, parking is available for sale separately, making this an exceptional opportunity for entrepreneurs seeking a strategic location in one of Chicago's most dynamic neighborhoods. PLEASE DO NOT disturb the tenant, thanks!

FOR SALE. Located just 1 block from the Grand/Cicero Metra station, this 160,000 square foot industrial property spans 3.69 acres in the desirable Jefferson Park area. The site includes a dedicated 25,000 square foot on-site parking lot and sits within a TIF District and Enterprise Zone, offering additional development incentives. The building features 120,000 square feet on the first floor (with soaring 18-foot ceiling), and 40,000 square feet on the second floor (with ceilings ranging from 14 to 16 feet). Constructed from rare brick and timber, the property provides a flexible, demisable layout with unique architectural elements such as skylights and high ceilings in select spaces-ideal for a variety of creative or industrial uses. It is currently outfitted with 6 drive-in doors and 5 loading docks, with the possibility to add more. The facility is fully sprinklered and powered to support heavy industrial operations. Nearby national retailers like Home Depot and Chase Bank, as well as restaurants and quick access to I-90. With approximately 46,000 square feet of vacant space, the property presents a strong value-add opportunity for investors or an ideal setup for owner-users looking to customize and grow.

This outstanding industrial/flex property presents a rare adaptive reuse or redevelopment opportunity along the Chicago River, ideally located between Roscoe Village and Avondale. Positioned on 2.28 acres, the site features 250 feet of river frontage and 230 feet along Rockwell Street, with a total of 63,000 square feet across a 4-story and a 1-story masonry building. The property offers excellent functionality with 6 loading docks, 3 drive-in doors, 17-foot clear heights, a 6,000-pound capacity freight elevator, and 100 standard parking spaces. Approximately 4,750 square feet are currently vacant, while existing tenants consist of a mix of small to mid-sized businesses such as photographers, artists, light manufacturers, and office users. All leases include termination clauses, offering flexibility for new ownership. This riverfront site is zoned for cannabis businesses and is situated within a TIF District, Enterprise Zone, and the Chicago River Corridor Development Plan, enhancing its long-term value and potential. Recent upgrades include a new roof (2021) on the 1-story structure, paving completed in 2022, new LED lighting, updated dock doors, and restored exterior walls. Boat docks can be added. Conveniently located next to Metropolis Coffee Company (roastery) and within steps of Guild Row (coworking space) and Tesla (auto service center), the property also provides quick access to the I-90/94 expressway. This is a prime investment in one of Chicago's most dynamic riverfront corridors.

LOCATION, LOCATION, LOCATION! COMMERCIAL CONDO. HIGH VOLUME TRAFFIC. LINCOLN, BELMONT & ASHLAND. ZONE B3-2. BRING YOUR IDEAS. OPEN YOUR BUSINESS. EXCELLENT OFFICE, SALON, RETAIL, MEDICAL & MORE. MONTHLY ASSESSMENT OF 86.01 DOLLARS. INCLUDES WATER, & SCAVENGER.

Welcome to your next investment opportunity rich Auburn Gresham area of Chicago! This well maintained 12-unit building offers a prime chance to expand your portfolio while stepping into a turnkey operation. The current rents are below todays market value. Here's a glimpse into what this property has to offer. Property Description: Nestled in the Auburn Gresham Community near bus lines, shopping and the developing 79th Street Corridor, this 12-unit gem stands as a testament of good maintenance, community care and pride while Boasting a rich history of 98 years. This property exudes a sense of reliability and longevity. Key Features: Appliances are Included. FORECASTED MONTHLY INCOME: 8,280 ANNUAL INCOME: 99,360 VACANCY: 4,968 EXPENSES: 49,322 and THE ASSET HAS A FAVORABLE CAPITALIZATION RATE!

Pleased to present an exceptional value-add multifamily investment opportunity located at 4317 W Flournoy St in Chicago's North Lawndale neighborhood. This 24-unit brick walk-up is comprised of (11) one-bedroom units, (12) two-bedroom/one-bathroom units, and (1) three-bedroom/one-bathroom unit. Priced at just 1,600,000-equating to 66,667 per unit and 68 per square foot-this asset presents a rare chance to acquire at a basis well below replacement cost. Currently generating a net operating income (NOI) of $168,292, the property offers significant upside through renovation and stabilization. Ten of the units are vacant and ready for immediate renovation, with the remaining units all operating on month-to-month leases-allowing flexibility for repositioning. An investor can implement a phased renovation plan with a total budget of $720,000- $360,000 allocated initially to the first 12 available units and $360,000 for the remaining 12 units. Post-renovation projections indicate a pro forma NOI of $235,819. The current cap rate, including the first $360,000 renovation tranche, is a compelling 8.59%, while the pro forma cap rate after the full $720,000 renovation is an outstanding 12.03%. The Gross Rent Multiplier (GRM) based on current rents plus renovation is 5.51, and improves to 4.73 on a pro forma basis. This investment offers a current cash-on-cash return of 10.17%, rising to an impressive 19.05% once the remaining units are renovated and the property is fully stabilized at market rents. This is a rare opportunity to unlock substantial cash flow in a strengthening West Side submarket with strong rental demand and ongoing revitalization.