Chicago IL Real Estate & Commercial for Sale

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 near Saint Sabina Church 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. FORECAST: 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.

Take advantage of this exciting business opportunity! In the four-bedroom apartment above the storefront, you can join other small business owners living close to their businesses. Property values are rapidly increasing as the area undergoes significant gentrification, with new developments being introduced. This opportunity is situated on a high-traffic street near a major intersection. The property comprises two lots and features a 13-car parking lot, currently leased to an adjacent business. Additionally, the property features a two-car garage. Both the apartment and storefront are presently rented, albeit at a below-market value, which still provides immediate cash flow. The current tenants also cover their utilities. The time to invest is now!

Rarely available is a fully stabilized mixed-use property at 2636 N. Lincoln Avenue, delivering an immediate 6.5 cap rate in Chicago's premier Lincoln Park neighborhood. This exceptional 9,910-square-foot building features three luxury apartments and ground-floor retail space leased to a law firm, with a brand-new 5-year lease that includes annual increases. With a clear path to a 7.0 cap rate by simply bringing Units 3 and 4 to current market rents, no renovation needed. Eight dedicated parking spaces provide additional value in this high-demand location. Comprehensively updated in 2016, this turnkey property offers both stable income and appreciation potential in a high-barrier-to-entry market. Just steps from the Diversey CTA Station, Fresh Market, Trader Joe's, and more, elevate your portfolio with this premium asset in one of Chicago's most affluent neighborhoods. This is truly one of a kinda investment, with every neighborhood amenity at your fingertips!

Prime location for a restaurant in the B3-3 zoned property. Some equipment remains from the previous owner / operator. Possible construction of 4 units max in a 5384 sf building w/ minimum 800 sf ground floor commecial with 1600 sf of FAR on first floor, 1260 sf gross per floor in a 4 story building 3 units at 1000 sf net each. First floor restaurant is now vacant (with leftover equipment), and the second floor offers a spacious 3 bedroom 1 bathroom apartment that is currently rented on a M/M basis.

Business opportunity, needs updating. Currently being used as a church. Could be renovated for business or dismantled and rebuilt. Excellent location in the community among other businesses.

Huge duplex down commercial condo in the heart of River West bordering the exploding West Loop, West Town, and Fulton Market neighborhoods! This beautifully rehabbed unit was updated in 2021 and boasts 2 floors, a well thought out floor plan, and beautiful finishes. The open concept first floor has hardwood floors, dramatic ceiling height, tons of natural light, a snack station, extra storage areas, and a bathroom. The lower level layout was expertly designed with a gathering area, a gorgeous glass enclosed conference room and office, kitchen, bathroom, and hidden server room. Floor to ceiling windows on the first floor allow tons of light to both levels through the large atrium. There's space for 3 parking spots in the rear of the building. The property is located in a highly dense residential and commercial area with strong vehicular traffic counts. Area tenants include My Chicago Golf, Orange Theory, CVS, Dunkin' Donuts, Urban Market, Matchbox, Starbucks, Erie Street Auto Body, and many more. You're only 2 blocks to the Blue Line L stop and access to Kennedy Expressway. This is the perfect space to showcase your business!

FOR SALE OR REDEVELOPMENT- A rare opportunity to acquire one of the few remaining industrial/flex properties in Clybourn Corridor. Situated at the intersection of the affluent residential neighborhoods of Lincoln Park, Bucktown, and Wicker Park, this property offers exceptional potential for investment or redevelopment. Located next to Arhaus on Cortland, with 18,600 vehicles passing by daily. Originally constructed in 1903 as horse stables, the building retains its historic character with 12' clear exposed wood ceilings. The flexible layout includes warehouse/assembly space, three drive-in doors, and over 3,000 square feet of office and lab/shop space across two floors. The second floor is fully climate-controlled with HVAC. 10 parking spaces. Ideally located near major retail corridors and transportation options-including I-90, multiple CTA lines, and The 606 Trail-this property is perfectly suited for adaptive reuse as office, retail, showroom, or creative space. Two new major developments-Willow Street District and the future Lincoln Yards-are planned immediately nearby, further enhancing the area's growth trajectory.

SVN proudly presents this amazing auto repair business and real estate for sale on busy Kedzie Ave. Current owner has been operating at this location since 2011. With it's prime location, this property would be a perfect addition to anyone's auto-related portfolio, but can also be an excellent redevelopment site. Seller financing is available with 50% down payment! This property boasts 2 drive-in doors, 5 lifts, and a 2-stage air compressor. Outside parking lot is fenced, and also has a storage shed on site. The building is equipped with triple basin drainage, security cameras, and window air conditioners. This property can be purchased alone, or in conjunction with Mt Greenwood Auto's Alsip location, 12257 S Cicero Ave.

Fully Gut Renovated 5-unit building, a prime turnkey investment opportunity in the best Logan Square Location Possible. Double Vanities, Fully built out walk in closets, in unit W/D, tankless hot water heaters, thin shaker kitchens and full height quartz backsplashes are just a few of the features that make this building feel more like condo living. Perfectly situated just steps from the Logan Square Farmers' Market, residents can enjoy an eclectic mix of trendy bars, restaurants, cafes, and shops right at their doorstep. Renovation done with full plans and permits, include a new roof, windows, insulation, drain tile system with sump pump, back deck, and still warrantied appliances!

WELL MAINTAINED 10,000 SQUARE FOOT, TWO STORY BUILDING FEATURING NINE OFFICES AND 10 PARKING SPACES IN THE REAR. THE PROPERTY IS EQUIPPED WITH ENTIRELY NEW UTILITY SYSTEMS AND INCLUDES FOUR BATHROOMS. ANNUAL EXPENSES AND RENT ROLL IS IN THE ADDITIONAL INFORMATION.

4,872 SF commercial building with a greenhouse for sale in Ravenswood/Lincoln Square area. Former house of Plants Inc. Rear portion of building is entirely greenhouse with unmatched natural light. Includes two overhead doors. Located only two blocks from Welles Park.

Triton Realty Group LLC is proud to present 1656 E. 83rd Pl, a 9 unit building located in desirable south side neighborhood of Avalon Park. Unit mix consists of (4) 2bd 1ba's and (5) 1bd 1ba's. Units have been updated by current management with newer kitchens, newer baths and refinished hardwood flooring. Each unit has an individual forced air furnace and pays their own heat. Additional cap ex projects that have been done throughout the years: Tuck-pointing/2013, Exterior windows replaced/2014, Roof sealed 2023, Rear porches/2012, Rear gate/2015, security cameras, new carpets and refinished interior stairwells. Building presents an opportunity to build out the garden unit(9th unit) for additional income. Property is located in a very residential area surrounded by single family homes making it desirable for tenants and reducing turnover. Location is close to to 90 expressway, parks retail and a short drive away from Lake Michigan.

Looking to purchase your own office space with 7 parking spaces included? Check out this very desirable Norwood Park location. Plenty of space for multiple employees or rent out an office for extra income. Sound proof walls, private side entrance and expandable waiting area with sink and refrigerator. Easily accessible from the Metra station across the street or nearby Kennedy expressway. One interior parking space plus 6 exterior assigned spaces included with the purchase of the office. Perfect for a doctor, attorney, therapist or any other non-retail use.

ZONED C1-3, with long list of possible uses such as; Artist Live/Work space, Bed N Breakfast, School, Day Care, Office, Financial, Entertainment, Animal Services, Sales Cenetr, Show Room...the potential is endless and commercial buyers can verify use-of-space by checking the Chicago Municipal Code- copy of code is under additional information. Listing agent has city of chicago contact that can verify use-of-space. Contact listing agentwith inquiries, questions or asssitance.

A rare investment opportunity to own a high-visibility, mixed-use property in a prime location along bustling Montrose Avenue. This versatile building is ideal for owner-occupants, investors, or business owners looking to maximize exposure and generate rental income. Currently utilized as a physical therapy office, the spacious 6-room, 1.5-bath commercial space on the main floor is well-suited for a variety of business uses. Features include a welcoming reception area, private office, full and half bath, utility room with two furnaces (HVAC), water heater, laundry facilities, and ample storage, and a flexible layout to accommodate different business needs. A separate entrance (interior and exterior access) leads to the second-floor 3-bedroom, 1-bathroom apartment, featuring a bright living room with access to a front balcony, kitchen with dining area, back deck overlooking a large backyard, two-car garage for added convenience. B3-2 Zoning - More flexibility for businesses compared to B1 and B2 districts. Maximum street visibility - High foot and vehicle traffic ensures steady exposure for any business. Don't miss this exceptional opportunity to own a property in a thriving commercial corridor! Note: Zoning information is sourced from the city zoning map. Broker makes no representation as to actual zoning or buildability. Buyer to verify all zoning and development potential.