Chicago IL Real Estate & Commercial for Sale

1656 E. 83rd Pl is a pristine and meticulously maintained nine (9) unit building located in the Avalon Park neighborhood of South Chicago. The building is situated on a premier tree-lined street and nestled amongst an abundance of single-family residential homes and just blocks away from both the highway an abundance of retail and grocery options along 83rd Street. Furthermore, the building sits just five (5) blocks from Avalon Park, featuring playground, pools, along with an outdoor fieldhouse with basketball courts. 1656 E. 83rd Pl is currently comprised of nine (9) total units. The building is comprised of four (4) 2bd/1ba units and five (5) 1bd/1ba units. All of which, however, are incredibly spacious, feature hardwood flooring throughout, and contain both living and dining rooms. Moreover, all of the units have been renovated with updated kitchens and baths, and all of the units are equipped with individual furnaces, as well. Additional updates to the building include, but not limited to: a newer roof, updated copper plumbing, an updated exterior porch system, along with individual furnaces. 1656 E. 83rd Pl presents an investor with the unique opportunity to acquire a positive cash flowing asset in one Chicago's premier South Chicago neighborhoods. Additionally, given the majority of the tenants are long term, there's significant room to increase rents to current market rates. Should a new investor elect to stabilize the rent roll at current rental rates, there's an opportunity to achieve a near double digit cap rate.

2131 S Albany Ave is a 4,582 square foot multi-family/mixed-use home on a 3,325 square foot lot. Nestled within the vibrant community of Little Village, this meticulously maintained building stands as a testament to enduring family ownership spanning over six decades. Boasting 5 units and a total of 8 bedrooms, 5 bathrooms and courtyard. This 2 story residence and back courtyard offer ample space and versatility for a variety of living arrangements. With a rich history of care and attention to detail, this property exudes a timeless charm, making it an ideal investment opportunity or a welcoming home for a new generation. Enjoy the convenience of urban living while experiencing the warmth of a long-standing familial legacy in this cherished building. Family-owned building therefore income flow is minimal.

Just off the Chicago Skyway, this set of commercial buildings on contiguous lots is available for sale. The property is comprised one brick, single-story building that includes 2,073 SF while the second building is a converted 1,350 SF single-story building. The brick structure contains a waiting room, five private offices, two restrooms and a utility room. The one-story building features three private offices, a kitchen, storage room and one bathroom. Parking is available in the rear of the building. seven vehicles in the rear. On the south side of Chicago, this property is located close to public transportation and numerous shops/retailers 75th Street and Stony Island Avenue.

Welcome to this exclusive listing of five residential condominiums and two commercial units at 163 Division, in this A+ location in the busy Gold Coast Intersection. This is an incredible investment portfolio opportunity, as this is one of the last undeveloped properties in the vicinity. The two, recently gut-renovated, street-level commercial spaces are 1560 sq.ft. combined and are currently rented out as a restaurant. The five residential 1&2 bedrooms furnished condominiums are currently set up as AirBnB's - 100% Owner Occupied. This bulk offering represents 19% interest in the entire condominium association which affords the investor unique control. Low property taxes and low monthly association dues enable a high-margin cash flowing investment in an A+ Chicago neighborhood.

Mixed Use 5 Units stone building in East Humboldt Park. 3-story building consists: 1 Storefront- currently vacant (2,300 Sq Ft.) and 4 ( four) residential apartments currently all occupied by tenants with leases. Each apartment has its Individual furnace, hot water tank and has oak floors throughout. Store front has Gfa/Ac. Full unfinished basement space. Quite a few recent improvements: Newer porch (2019). Downspout and gutters (2019). Newer rubber roof (2014)- flashing was done Approx. 2 years ago. New tuckpointing and whole front of the building stucco was conservated and painted just the LAST YEAR (2023) w/ city permit. Furnace (Approx. 2016). Hot water tank (Approx. 2016). Some plumbing updated. Per the owner: there is no plaster on the most of walls. Total income $ 102,000. Full basement has unfinished space (not that high basement) with sump pump, gas meters and 6 electric boxes and meters as seen on photo. 2 parking spots in the rear of the building (currently 1 spot included in rent and the other can be used for extra income). Great for investor or owner occupied *** Unit # 3F was just rented out for $ 1,650 with a lease thru the next year *** Rent Roll can be made available upon request ***

Commercial storefront/condo in HOT Albany Park area at busy intersection of Montrose and Kimball Ave. in Chicago with one car space in the back. Ideal location in high traffic area for boutique retailer, office user, salon/spa, or cafe, along with many other potential tenants. LA related to Seller.

Presenting an exciting opportunity to acquire a recently rehabilitated mechanic shop, meticulously renovated and ready for a new owner's vision. This extensively refurbished facility exudes a fresh, contemporary appeal, with updated flooring, lighting, and infrastructure enhancements throughout. The layout has been optimized for workflow efficiency, offering a blank canvas for customization to suit your specific business model. Located in a prime area with high visibility, this turnkey space is ideal for aspiring entrepreneurs looking to establish their presence in the automotive service sector. Embrace the chance to put your stamp on this revitalized establishment and capitalize on its potential for growth and success.

Unique opportunity to purchase this property with almost 9,000 sf lot that consists a 7,145 sf one story warehouse with a 2,084 sq ft warehouse/storage facility. The larger warehouse is equipped with super high ceilings and 2 overhead doors that allow for easy truck/van drive thru operations, 1 dock with hydraulic lift, 2 separate offices, 3 bathrooms, large storage area above the offices. This could be perfect for your business needs of Brewery, Distillery, Warehouse, Manufacturing, Automotive sales or repairs. Located on one of Chicago's bustling commercial corridors in the ideal Chicago neighborhood.

Behind the handsome Greystone facade exists a 30 room SRO that is ready for redevelopment! The property is currently vacant and requires full gut renovation. This is a graduate-level redevelopment project, but for the visionary developer, unlimited upside awaits. Bring back a 30 room SRO or maybe just deliver a fat 6 or 8 unit MFR. The choice is yours. This is a top-to-bottom, full-gut renovation project that will require going to the brick and replacing everything including all MEPs, etc. so only qualified GCs/renovators/developers need apply! No tire-kickers or first-timers.

Behind the handsome Greystone facade exists a 30 room SRO that is ready for redevelopment! The property is currently vacant and requires full gut renovation. This is a graduate-level redevelopment project, but for the visionary developer, unlimited upside awaits. Bring back a 30 room SRO or maybe just deliver a fat 6 or 8 unit MFR. The choice is yours. This is a top-to-bottom, full-gut renovation project that will require going to the brick and replacing everything including all MEPs, etc. so only qualified GCs/renovators/developers need apply! No tire-kickers or first-timers.

$233,460/year Gross Income | $185,472/year Net Income | 7.0% Cap Rate - Impressive for being 1.5 Miles East of Western Ave! | THEE Quintessential Turn Key Investment at 1500 West Walton Street & 940 North Greenview Avenue | Nestled between the Wicker Park & River West Neighborhoods, these 2 Multi-Family Buildings in HOT WEST TOWN have a Total of 10 Units designed with (6) One Bedrooms & (4) Three Bedroom / 2 Bathroom Apartments | Unique & Money Making Floor Plans | 2 Apartments with In-Unit Laundry | 2 Coin-Operated Laundry Facilities | Gas Forced Heat in all the Apartments, Central A/C at 1500 W Walton and Window A/C Units at 940 N Greenview | Tenants responsible for Gas (Heat & Cooking) and Electricity - LOW OPERATING EXPENSES | FULLY LEASED/Occupied with Solid Leases | Separate Water Heaters | Well-Maintained & Professionally Self-Managed throughout its ownership | View all 57 images (including Floor Plans) | Video tours and OM available upon request.

Introducing an all new brick new construction building. Spacious apartments consisting of two duplex ups, two simplexes, and two duplex downs. Condo quality units with just shy of 10 foot ceilings, hardwood floors, quartz countertops, four fireplaces. Spa like bathrooms. Each unit with has a balcony and additional outdoor space on the building roof and garage roof. Insulated with spray foam insulation. Two parking spaces per unit(one garage, one outside). Tenants responsible for electric and gas. Asking price reflects a proforma cap rate of 5.35%. Developer offering a one year limited warranty. Pictures are of previous projects.

Welcome to an extraordinary commercial opportunity at 2840 N Laramie! This spacious storefront boasts an impressive 6188 rentable square footage, providing an expansive canvas for your business aspirations. Nestled in the heart of a vibrant neighborhood, this location offers more than just space; it provides a dynamic environment for your venture to thrive. Imagine your business becoming an integral part of the community's pulse, surrounded by a blend of eclectic shops, bustling cafes, and a diverse array of businesses. The storefront's prime location ensures high visibility and foot traffic, making it an ideal setting for attracting customers. The dynamic energy of the area is sure to enhance your brand presence and contribute to the success of your enterprise. Step into a space that not only meets your business needs but elevates them. The layout is designed to accommodate a variety of business concepts, offering flexibility to bring your vision to life. Whether you're envisioning a chic retail boutique, a trendy cafe, or a dynamic co-working space, the possibilities are endless. This commercial gem is more than just a location; it's an opportunity to be part of a thriving community and establish your brand in a sought-after area. Don't miss the chance to make 2840 N Laramie the home of your business success. Seize the moment and make your mark in this vibrant Chicago neighborhood. Schedule a viewing today and unlock the doors to a commercial space where your dreams can flourish. This is not just a rental; it's an investment in your business's bright future.

AVAILABLE FOR SALE AND FOR RENT!!! Situated in the well-known vibrant center of Chinatown. The Unit is located at the 1st floor. Easy to spot, great traffic exposure. The structure boasts lofty ceilings, abundant natural light, state-of-the-art HVAC systems, and convenient parking facilities. With limitless potential, this space is adaptable for a variety of purposes. HOA fee $349.70/m. For rent is @35/sq.ft. ($3,212/m plus HOA and 100% property tax)

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.

This retail space, previously used as a church, could be a great location for your next business. The large open space provides ample room for you to create and design the look you desire. Additionally, there is one extra room that can be used as an office, a nice-sized bathroom with space to add a shower and a kitchen. The basement is suitable for storage, and there is room for owner parking in the rear building, which can accommodate two or more cars. Don't wait too long, as there is a lot of redevelopment happening in this South Shore community!

Front entrance 6 unit residential rental building located in HOT North Lawndale. Located just east of Pulaski Rd (CTA #53 bus), between Roosevelt Rd (CTA# 12 bus) and 16th St. 5 min west from Douglas Park - the home of the world renowned Riot Fest. This is also approximately 6 miles from the center of downtown Chicago, and only 7 short blocks to the light rail Pink Line stop at 20th and Pulaski. Great unit mix with three 3 bed/1 bath units, and three 2 bed/1 bath units. 5 of 6 units currently rented and the 6th should be rented shortly after the reno/cleanup is completed. Each unit has it's own gas forced air furnace. 2 large water tanks provide hot water for the building. Tenants pay their own gas and electric. There are also 2 deconstructed units in the basement which can be brought back to life with a complete renovation. There are 2 entrance/exits which can be used to access this area. Large parking pad in the rear of the building could provide extra income.