Chicago IL Real Estate & Commercial for Sale

Investment opportunity 6% cap to own a rare turnkey 13 unit brick building with coach house and garages on oversized lot in hot Edgewater neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to new roof and hot water heaters apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near university, restaurants, retail, lake and more. Some value add opportunities. Cash flowing asset. Additional properties for sale in portfolio. More photos and info forthcoming. Please send POF and sign NDA for financials.

Building in hot Loyola area completely rehabbed including lobby, stores, and apartments. New roof and the building is in perfect condition. Stores have professional tenants including beauty shop, a liquor store and smoke retail shop. Rent roll upon request. All cash offers preferred and no offer with more than 60% mortgage contingency will be considered.

6334-40 North Clark Street is a 2-story mixed-use investment property with three (3) street level retail units, leased by Gracie O'Malley's, a popular Chicago Bar with three downtown locations (Edgewater, Wicker Park, and Six Corners), Sauce and Bread Kitchen (SBK), and Co-op Sauce. Sauce and Bread Kitchen (SBK) owns and operates Co-op Sauce and the two adjacent suites are on the same lease. The apartments are comprised of twelve (12) residential units consisting of one (1) Studio unit, five (5), 1-Bedroom/1-Bathroom units, three (3), 2-Bedroom/1-Bathroom units, two (2), 3-Bedroom/2 Bathroom units, and one (1), 4-Bedroom/2-Bathroom unit. The Property also features a detached four bay garage, which can generate additional revenue. The property benefits from rehabbed commercial spaces, updated plumbing and electric, and a brand new tear off completed in 2024. With strong commercial tenants and 100% occupancy on the apartments, this stable investment presents plenty of additional upside.

Well established hookah lounge/tobacco shop business (Business only no real estate) located on the Northside of Chicago. Business originally opened in 2007. Current ownership in business since 2010. Business is turn key, with plenty of opportunities to bring in new revenue. Business is licensed as a Hookah lounge/tobacco retail shop with the city of Chicago. Owner willing to provide 2 weeks of training, Cash only no seller or conventional financing.

Opportunity knocks for developers and investors at 1511-1519 W. Devon Ave. in the vibrant Edgewater neighborhood of Chicago, IL! Presenting a prime development site listed at $2,200,000, this property currently features retail on the 1st floor and 3 apartments on the second floor, over an expansive land area of 14,125 SF, and is zoned B1-1. Perfectly positioned for a transformative project, it's an ideal locale for affordable housing or an SRO development, catering to the community's growing needs. With the area's developments migrating westward, the potential for growth and value appreciation is significant. The current setup of retail and residential units underscores the versatility and immediate revenue-generating capability of the property, while also presenting a canvas for redevelopment. Note: The property is sold "as-is," reflecting its condition and the opportunity for a fresh start.

The subject property is located at 6122 North Clark Street, Chicago, IL 60660 (the "Property"). This is a unique industrial/manufacturing building - currently owned and operated by Chicago Soccer (CFA) Academy. It is described as a flex industrial/manufacturing brick building with redevelopment potential. The building is one story with a gross leasable area of approximately 27,146.00 square feet and sits on a site of approximately 36,590.00 square feet. The property is zoned B3-2 and features a master kitchen and two bars, 800a/ heavy power, a 15-foot ceiling, a rubber/flat roof, and external 15 parking spaces. Positioned along the west side of Clark Street, the Property has access to multiple forms of public transportation and arterial roads offering easy access to downtown Chicago, and the North Shore suburbs. The combination of excellent demographics, a strong local workforce, and a highly accessible location combine to form an exceptional acquisition opportunity to acquire a standalone industrial building in the Edgewater neighborhood. We believe that this is an exceptional investment opportunity that shouldn't be missed.

Another excellent investment opportunity in the Edgewater / Andersonville area. Located at the busy intersection of Ridge and Glenwood is an one story retail property is for sale. The property is zoned B1-2. Recent developments on Ridge include 5771 N. Ridge and current development at 5691 N Ridge. This 4,000 sq. ft. property sits on the corner of a residential corridor with great walkability to local shopping, Bus, CTA and Metra transit services. The property consists of a laundromat, an approximately 830 sq. ft. space with 2 restrooms, an vacant 725 sq. ft. retail space with a bathroom and a vacant office/retail type space with a bathroom. NOTE: Both vacant spaces face Glenwood and need to be built out to be used or leased. An investor may choose to develop the property into multi-unit residential rentals or condominiums. Currently, a laundromat / send out dry cleaners, yields approximately $55K annually in income but has the potential significant improvement. The property which has multiple addresses and provides the experienced investor the opportunity for stabilization by renovating the existing property or tear down and build new. Please do not disturb the tenants.

Pleased to bring to market, and present this very unique, mixed-use building in the heart of Edgewater, Chicago. Located at the junction of Ridge Ave, Peterson Ave, and Paulina St, 6001 N Paulina St. boasts with an ADT (Average Daily Traffic) count of 34,251 vehicles which allows its view from all angles. The building's commercial component is home to the iconic Barrelman Tavern, which is a staple in the neighborhood. Two, multi-bedroom units covers the residential portion of the building; along with garage parking. Large building signage opportunities with a present Chicago permit and fixtures in place to bring additional income. The building is perfectly situated across a recently built Starbucks, along with other new national tenants and neighborhood figures. Located steps from the future home of the new Peterson Ridge Metra Station, it is to be the eyes of all mass transit; via train, bus, and automobile.

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