Chicago IL Real Estate & Commercial for Sale

INVEST IN BEVERLY VIEW!---- Great opportunity to invest or set up your own storefront business with two apartments above to help pay for the mortgage. This is a three-lot, 3 pin property with 75 foot frontage on Western Ave. 23,000 car per day traffic count, this property is highly visible and next to the very active 79th street intersection with mostly new retail and fast food too. It consists of a 3 story building, has one occupied remodeled store--$2050/month-to-month---will vacate with 90 day notice. Two 2-bedroom apartments in good condition, currently vacant, lease value is about 1000/apartment. There is a full basement below for storage/commercial use plus a 2 car parking pad out back. Included is the adjoining 50x106 lot which can be paved for parking or to build more space. This address is part of the GREATER SOUTHWEST INDUSTRIAL TIF DISTRICT.

17-unit apartment building located at 8039 S King Drive in the Chatham neighborhood of Chicago. Situated on a spacious 13,375 square-foot lot, the property features ample onsite parking-a highly sought-after amenity in this densely populated area. While some units have received recent updates, this property presents investors with an exciting opportunity to complete renovations and unlock value by significantly boosting revenue. The property offers easy access to I-90 and I-94, just a short drive away. Public transportation is easily accessible with the 79th Street Red Line CTA station just a short walk away.

GREAT INVESTMENT! FULLY RENTED 5 UNITS (WITH POTENTIAL FOR 6TH GROUND UNIT/IN LAW UNIT)! RECENTLY REHABBED 2 BUILDINGS ON THE SAME LOT! FRONT BUILDING HAS 2 UNITS (POSSIBLE 3RD)! BACK BUILDING HAS 3 UNITS! 4-2 BEDROOMS UNITS AND 1-3 BEDROOM UNIT! TENANTS PAY FOR GAS AND ELECTRIC! TENANTS IN 3 UNITS ARE THE LONG TERM TENANTS! 2 UNITS JUST RENTED! INCOME COULD BE HIGHER! BUILDING IS CONVENIENTLY LOCATED CLOSE TO THE STORES, HIGHWAYS AND PUBLIC TRANSPORTATION!

Rare opportunity to find a newer construction apartment building at this price point with upside opportunity. This impressive 7-unit property, originally built as condos in 2004, offers an attractive real estate investment in a prime location. This solid brick and block construction building features elevator service to all floors. The building consists of six spacious 2-bedroom, 2-bathroom units and 1 store front (or 7th apt) and 6 attached garage spaces. The 7th unit features a separate entrance from the sidewalk, making it ideal for a small business office space or short-term rental. Located on the Near West Side of Chicago, walking distance to the United Center Arena, Madison St bus lines, Illinois Medical District, and expressways. Tenants will love the easy commutes and convenient access to amenities, entertainment, and transportation. The property currently operates at a 5.7% CAP rate, with a strong Net Operating Income (NOI) of $97,571. Rents are considerably below market and present the opportunity to increase cash flow and ultimately property value, with new leases. We project an NOI of $131,120 and corresponding CAP rate of 7.6% when new rents are put in place. With its newer construction, prime location, versatile floor plans, and the potential for future rent growth & value enhancement, this 7-unit apartment building represents a solid investment choice. Call today.

Seven unit center-entrance Greystone apartment building located in the heart of Chicago's booming Uptown neighborhood. Near multiple public transportation options and surrounded by several new-construction apartment buildings. The property features (6) 3Bd/2Ba units as well as a 1Bd/1Ba garden unit. All of the units feature tenant paid forced heat and dishwashers. The property has a 2-car garage and 3 surface parking spaces. Newer electric & mostly copper plumbing, and all of the furnaces have been replaced within the last several years. Current rents are well below market levels.

Amazing opportunity to own this 22,355 SQF free standing building. Three separate PIN numbers and addresses make it ideal to occupy or lease individually. EPA phase I and II have been completed and passed October 2023. New roof installed 2019. Excellent shipping and receiving set up with 3 doc doors. Great demographics, conventionally located near main streets and highways. Next to strip shopping center and many new developments in the area. Some of the permitted uses include general manufacturing, industrial class one, freight terminal and movement, car wash, vehicle sales, repair shop and storage warehouse.

Prime commercial corner property successfully run as a neighborhood street level retail center with longtime laundromat, nail salon and beauty supply tenants. This 4,800 SF freestanding three unit building produces an 11.6% current cap rate and has 148 ft 71st Street frontage. The building is 100% occupied and each tenant just signed new three or five year leases. Located in Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Easy access to the Edens Expressway and The Skyway. Nearby intersection has 25,000+ VPD. Zoned B3-1 - Community Shopping District. Located in the 67th/Wentworth TIF District and in a Neighborhood Opportunity Grant district.

First time on the market in over 50 years! Great investment opportunity awaits in the heart of the highly desired Andersonville neighborhood! This is a corner mixed-use building located on two very busy streets Foster and Ashland, with great foot traffic and close to public transportation, shops, and restaurants. The building currently has 2 office retail spaces on the 1st floor and 4 apartments on the second and third floors, and an unfinished basement. Each office has a kitchen and half bathroom and each apartment upstairs has 3 bedrooms, a kitchen, and one bathroom. There are 7 separate electric meters in the basement. The heating is gas and the gas boiler was replaced in 2020. The back staircases and porches were replaced in 2007. The roof was replaced in 2014. The law firm that's on the 1st floor will be vacating the building end of May so the building will be delivered fully empty and ready for your remodeling ideas and the opportunity to turn the two offices into apartments if you prefer to do so. Sold As Is!

This mixed-use building on busy Ashland with multiple income streams and a desirable location presents an attractive investment opportunity with the potential for long-term growth and profitability. It combines the convenience of a storefront with the comfort of a 3 bedroom apartment on the second floor. The 3-car garage ensures ample parking, eliminating the hassle of searching for street parking and potentially providing added income. There is a partial basement for extra storage. The building is being sold AS IS

Great property with cash flow! Located in a High traffic area. Good income producing mixed use property in Bridgeport. Owner has taken good care of the building. You can do a lot here! The open space on the ground level can be used as office space, Real Estate office, medical office, dental, pop up business, etc. Features a nice size conference room, private office, full kitchen & full bathroom. The 2nd floor is a legal 2 bedroom/1 bathroom apartment, rented by long term tenant. The garden unit is a legal AIR BNB apartment that is a consistent money maker. Great income and room to grow. There are 3 parking spots in the rear. Great location. Motivated seller! Located near the highway & public transportation. New construction in the works all around.

GREAT OPPORTUNITY! 2 income producing STOREFRONTS in sought after area. Located in Archer Heights, off busy, high traffic Archer Avenue! Zoned C2-1. 15 Parking Spaces in the Rear of the building! Property currently rented as a gym. A MUST SEE!

Excellent owner/investor opportunity! Main level w/ offices, conference & waiting room & 2 bathrooms. Approximately 570 SQ. FT. of storage/warehouse space. Private parking for 4 vehicles. 2nd level consists of a 6 room, 3 bedroom updated apartment. Eat-In kitchen , Dinning area & other amenities. Separate utilities , G/F and AC on both floors. High visibility location.

Amazing Eight Unit Mult-Family/Mixed Use Property on Oversized Chicago Lot comprising of Six Residential Apartments and 2 Commercial Storefronts in coveted North Center/St. Ben's/Coonley School District!!!!! Six out of the Eight Units have been gutted to the studs. The property consists of 2 Spacious One Bedroom Apartments with 1 One Bedroom Fully Updated and 4 Fully Updated Studio Apartments along with 1 Fully Updated Commercial Storefront and 1 Additional Storefront. High Quality existing Commercial Storefront Tenants. All units have separate HVAC, separate hot water tanks for specific units and all tenants pay their own utilities. Updated Mechanicals, HVAC Systems, Electrical and Finishes in the majority of the units. Recent Roof Tear Off, Parapet Wall Tuckpointing including lintel replacements, rear stairway upgrades, updated Common Areas with Separate Common Coin Laundry Room and resided 2 Car Garage for additional income. Perfect for the owner-occupied investor, Buyer who is looking to operate their own business or long term buy and hold. Low Taxes as Well!!! Property is Being Sold As-Is!!!!

Nine apartments all of which are fully rented, five offices three of which are rented, one large hall that is used for parties or meetings as needed and two store front which are vacant at this time. Hall has two bathrooms and 10 parking spots that rented to the tenants, The potential for growth and value appreciation is significant for someone who has a vision. Prime location, walking distance to a variety of restaurants and retailers as well as a CTA bus stop.

Stunning 9-unit Greystone at 1215 S Homan in the growing North Lawndale market! Property features 9 2bed/ 1 bath units with 3 units on each level (Front, Middle, Rear). 4 of 9 units have been recently renovated. Tenant makeup is a mix of 3 subsidized and the remaining market rate with the subsidized units achieving $1,350-1,400 in monthly rent. There is a front and rear basement offering additional storage space for tenants. Building features a mix of copper and galvanized plumbing, gas boiler, and separate electrical meters. Phenomenal opportunity for an investor to increase rents by remodeling the remaining units and occupying with subsidized or market rate tenants.

SVN Chicago Commercial has been retained by Ownership to exclusively represent the sale offering of this unique investment property. The property's ideal West Loop corner location is also in the immediate vicinity of the University of Illinois at Chicago campus (33,000 students) and Illinois Medical District (30,000 employees). The property consists of all six commercial condo units located on the first floor of the 67 residential unit condominium building located at 400 S Green Street. The offering is over 65% leased to a mix of 4 retail and office tenants. With a recent 6,085 RSF, 10-year office lease executed in 2020 and 7-Eleven 5-year lease renewal this property is an ideal investment value-add or investment owner-user opportunity.

Discover the potential of 5920-22 W Irving Park Rd, Chicago, IL 60634. Nestled in the dynamic Irving Park neighborhood, this former liquor store and adjoining laundromat offers a rare chance to shape a commercial haven in Chicago. Spanning 7,300 sq ft building on a highly visible corner lot, it's an ideal setting fora mixed-use multi-family or stand alone restaurant, retail or service-based ventures. Currently heavy power, water and gas already to the site. Additionally, sample plans and elevations are available for an exciting mixed-use development, encompassing one commercial space and eight residential units, promising a blend of functionality and style. Strategically located amidst a dense mix of residential and commercial properties, the site benefits from constant foot traffic and ample street parking. The vicinity boasts a rich assortment of dining, shopping, and service outlets, including the renowned Giordano's Pizza, fostering a vibrant community atmosphere. Ease of access is guaranteed with proximity to the CTA Blue Line, multiple bus routes, and the Kennedy Expressway (I-90), simplifying commutes for customers and staff. Plus, with a $150k SBIF Grant currently available and potential eligibility for a TIF Grant from the City of Chicago, thanks to its location within the TIF Corridor, seizing this exceptional opportunity has never been more attractive. Build your multi-unit building now.

Near lighted intersection - Belmont Ave / Oak Park Ave in the Schorsch Village neighborhood of Chicago - Fully leased, well maintained (approx.) 6,500 sf multi-tenant neighborhood corner retail strip. Ideal for the long term investor or for redevelopment. 80 feet of storefront on high traffic Belmont Ave. Approx. 10,137 Sf lot. Some parking in the rear. Surrounded by a diverse mix of residential, retail and office: Family Dollar, Insurance, Real Estate, Walgreens, restaurants, condos and single family homes.

* 5 unit building with 4 residential and 1 commercial space * Two 2 bed / 1 bath and two 1 bed / 1 bath with decks * Residential units have had many updates including kitchens and baths as well as washer and dryers in units * Retail operated as longstanding bar/restaurant * Business included in sale * Licenses included: Incidental, Retail food, patio and PPA * Occupancy 99 inside, 40 outside * Main room has full bar with beer taps, DJ booth, dining area, fireplace and 2 multi-stall bathrooms * Kitchen has hood and black iron for full dining operation * Full basement with coolers, storage, prep, office and more * Additional garage area with large walk-In cooler and room for parking or more storage * Roof updated in last 5 years and mechanicals updated within 3 years * Short walk to Division Street Blue Line stop and 1/4 mile to Kennedy expressway * Area tenants include Jimmy Johns, Target, Milk and Honey, Collectivo, Cheba Subs, Fat Pour, Fed Ex, Rainbo Club

A brand new 2-story retail plaza , features total 48 retail spaces, 74 parking spaces, 2 loading zones; located at heavy traffic interaction of Archer Ave and Canal Ave, on the edge of expanding Chinatown area. It is ready for occupancy. Many businesses have already moved in. This space has endless possibilities and can be used for a variety of businesses. Unit sqft 1,221.

Single-story commercial building for sale in Old Irving Park. Excellent signage and visibility on high traffic Irving Park Road (29,700 Vehicles per Day). Former dental office with large reception, offices, and large kitchen. Located next to attractive new library and apartments. Short distance to public transportation and I-90. Street parking is available. Well populated neighborhood, nearby Albany Park, Mayfair neighborhoods.

Single-story former medical/office building for sale in Old Irving Park. Excellent signage and visibility on high traffic Irving Park Road (29,700 Vehicles per Day). Former dental office with large reception, offices, and large kitchen. Located next to attractive new library and apartments. Short distance to public transportation and I-90. Street parking is available. Well populated neighborhood, nearby Albany Park, Mayfair neighborhoods.

Extremely unique, fully renovated solid masonry construction 7-unit Multi unit property in hot and still appreciating Pilsen. Building includes (5)-2BR/1Bath apartments + (1) Coach house 3BR/2Bath + (1)-1BR/1Bath. Building completely rehabbed in 2014, new electrical, new plumbing, new bathrooms and kitchens, all separate utilities, common laundry room with tenant storage lockers. Professionally managed armchair investment with NO deferred maintenance. Opportunity to increase rents, including possible duplex up 3rd Floor unit to the top floor attic, refrigerant lineset in place, ready for central A/C upgrade in 6 units. The massive coach house has tall cathedral ceilings, central A/C, in unit W/D, perfect for owner occupied unit. Just a few short blocks to awesome restaurants, bars, grocery stores, California Pink line L stop and short drives to highways and downtown.