Chicago IL Real Estate & Commercial for Sale

Large renovated commercial condo for sale or lease in a great location along Touhy between Western and Ridge. Clean open space with three private offices, reception, large open office, one restroom, a janitor's closet and mechanical room. Great visibility with good foot and auto traffic. High 14' ceilings with natural southern light. Zoned B1-2 allows for many types of commercial businesses. Located in the West Ridge neighborhood with a good mix of residential and commercial uses.

Stunning seven unit property in the heart of historic Lincoln Park. Unit count consists of six one bedroom apartments and one studio. Recent improvements include adding central heat/air, renovating kitchens and baths in five of the apartments, and improving the common area hallways. Three parking spaces in the rear for additional revenue as well as coin laundry. Professional management in place and can be transferred to new buyer. Sales packet with more information available upon request. Current rent roll of $11,750 with room to easily push past $13k by end of 2024.

Allow us to introduce our newest listing!! With a total of 10 parking spaces on the exterior and 7 units in the building, this property is the PERFECT investment!! 4/5 RESIDENTIAL UNITS BEING RENTED OUT PLUS 2 MORE COMMERCIAL UNITS! As you enter, notice the fully gutted-out commercial spaces which one can modify to their liking and lease out, as well as the staircase to all the other various units in the building. with a total of 7 units, 5 are residential units and 4 are already rented out for $825. on top of this, the 2 extra units are commercial spaces that are fully empty. ALL apartments have passed city HVAC, Electrical, and plumbing inspections in 2019. The NEW porch passed city inspection in 2019 Located conveniently near public transportation, local grocery stores, many retail shops, and expressways, this property will match perfectly with any tenants looking to lease or rent their new apartment!! Even with some areas of the property needing work, the majority of the units have already been retouched and move-in ready for your convenience!!! Come and schedule your private showing!!

Excited to present a unique investment opportunity located at 601 N. Wells St., Chicago, IL 60654, in the heart of the River North neighborhood of Downtown Chicago. This prime real estate offering includes a retail property with 2,800 square feet of space, currently outfitted as a restaurant, and an advantageous billboard lease adding to its income potential.KW Commercial and Keller Williams ONEChicago are excited to present a unique investment opportunity located at 601 N. Wells St., Chicago, IL 60654, in the heart of the River North neighborhood of Downtown Chicago. This prime real estate offering includes a retail property with 2,800 square feet of space, currently outfitted as a restaurant, and an advantageous billboard lease adding to its income potential. The total land size of the property is 2,722 square feet, under Downtown Mixed-Use (DX-5) zoning, which accommodates a high-density mix of commercial, residential, and office spaces. This flexibility provides a wide array of redevelopment opportunities, making it an attractive proposition for investors looking to maximize the site's utility and revenue. Significantly enhancing this property's value is a billboard lease with an annual income of $89,165.72, which has 20 years remaining, expiring in 2046. The lease income is set to increase by 3.5% annually, offering a steady growth in revenue over time. This additional income stream contributes to the property's overall attractiveness and potential for high returns on investment. Previously operated as a Latin American, seafood, and Mexican restaurant, the retail space is well-suited for similar future uses. It suggests that the space is fully equipped for food service operations, potentially including a bar or lounge area. The existing kitchen, dining, and service areas are presumably in a condition that would support continued use without significant renovations if well maintained. The property's DX-5 zoning enables a multitude of redevelopment possibilities: Mixed-Use Development: Combining retail with residential or office spaces above to leverage the property's location and zoning for maximum income. Exclusive Restaurant/Bar: The space could continue serving as a premium dining venue or bar, drawing in clientele from River North and the broader Downtown Chicago area. Boutique Retail or Gallery Space: Aligning with the neighborhood's cultural scene, the space could be transformed into a boutique retail store or art gallery catering to River North's affluent demographics. River North is renowned for its dynamic art galleries, vibrant nightlife, and dining scene, making it a coveted location for any retail or mixed-use development. The neighborhood's affluence, high foot traffic, and excellent visibility and accessibility to locals and tourists alike underscore the strategic value of investing in 601 N. Wells St.

Welcome to an exceptional opportunity in the neighborhood of Belmont Cragin, presenting a versatile 7,500 square feet of retail with parking in the rear of the lot. Located on at the corner of Addison Street and Nagle Avenue-block end to end, just west of Austin Avenue. This property offers a blend of lucrative tenancy and enticing vacancies for potential expansion, lease, and owner operations. Spanning an expansive 7,500 square feet of, sitting on approximately 11,337 square feet of land with 123' feet frontage on Addison Avenue, seeing 17,724 vehicles per day. This property is zoned B3-1 and provides ample space to accommodate diverse business ventures. The layout includes a total of four tenant spaces along with two vacant areas, strategically designed to maximize functionality and profitability. Strip center with 4 spaces. Tenant 1: Automotive business occupying 2,800 SF. Equipped with a convenient drive-in door, this space caters to the automotive industry's demands with efficiency. Tenant 2: Another automotive enterprise encompasses 2,300 SF, also facilitated with a drive-in door. With two vacant adjacent spaces with approximately 900 SF and 1500 SF ready to be customized according to the discerning needs of prospective tenants, this property offers endless possibilities for expansion and diversification. Whether for additional automotive services, retail ventures, or office setups, the vacant areas present an enticing canvas for entrepreneurial endeavors. Please do not disturb businesses.

In the South Loop on the North East corner of Cermak and State, its also adjacent and just West of the Green Line CTA Train Station. 6 retail store Fronts and 1 Residential 1 Bed 1 bath apartment. Zoning DX-5. 2137 S State 1000 sq. Ft, 2 E Cermak 800 sq. Ft, 4 E Cermak, 1000 Sq. Ft, 6 E Cermak 1000 Sq. Ft, 8 E Cermak 1200 Sq. Ft, 10 E Cermak 1500 Sq. Ft, 10 E Cermak #2b 1300 Sq. Feet. Plenty of opportunity and potential, the existing commercial leases are both Triple Net leases. Come see this for yourself. Proof of funds Or Prequal prior to scheduling a showing.

"As-Is Sale" This is a opportunity to own a unique commercial property. This versatile office style building, situated in a prime location, which offers a remarkable opportunity for savvy investors or business owners. Positioned on Western Avenue, this property benefits from high visibility and accessibility, thanks to its proximity to major retail outlets like Menards and Walmart. This strategic location not only guarantees a steady flow of potential clients but also provides excellent convenience and exposure. With the property dual-side layout, the property caters to a diverse range of business needs-from office spaces to specialized services like barber shops or dental practices. The 8941 side boasts a waiting and reception area, four offices, and two bathrooms while the 8943 side features a spacious main area, four individual offices, and a bathroom. Both sections share a convenient kitchen and a compact file room, making it ideal for various ventures. Due to recent water damage caused by burst pipes, the property requires a comprehensive gutting and rehabilitation. This presents a unique chance for investors to remodel and customize the space. Prior to the water damage, the roof was completely redone in 2021, AC (2021), and the furnace has been enhanced with a new control board. This property represents a blend of opportunities-ideal for those looking to invest in a space with potential for high returns through refurbishment and strategic location. Whether you're aiming to establish your own business or lease spaces to others, this commercial building offers the flexibility and potential to realize your vision. It is incumbent upon the buyer to conduct their own comprehensive due diligence regarding the property.

***Rent Roll Available in Additional Info*** Rent amount is great now, but can be higher (CHA allows landlords to apply for higher rent). Come check out this Investor-friendly multi-family unit building with 7 units for sale. The building consists of six spacious and bright 3 bed 1 bath units & one 4 bed 1 bath unit with generous living square footage and ample closet space. Current occupancy rate of 100% of the capacity making it a secure investment of your hard earned money. Each unit has its own water heater and furnace, all up to date and working well. The occupied units are with CHA tenants, except for one (non-CHA tenants have been living in the building for 20+ years) ensuring consistent cash flow every month. ***Gross income - $9651 NET operating income: $4700/month!!!!*** This is a brick building on the outside with a detached 2-car garage and several remodeled units on the inside featuring recently restored and varnished hardwood floors in four of the units, life-proof, waterproof laminate flooring throughout the rest, freshly painted and move-in ready. One apartment in original condition because tenants have been living there for 20+ years. The roof of both the building and the garage have also been restored in August, 2023 (before and after photos available upon request).

Building for sale only. B3-2 zoning. Conveniently located near the intersection of Laramie and Diversey.

This two-story retail building offers an amazing turn-key business opportunity! Second floor is beautifully renovated and sectioned into 8 suites of which 4 are rented accruing $3800 monthly income. Over 2500 sq ft of retail space, Huge ceilings, newer windows, coverings and fixtures. Newly built back porch, Huge basement and garage can be used for storage or parking. 1st floor is a huge blank canvas ready for your business ideas (restaurant, cafe, shop, etc.) There is endless potential in this high-traffic, highly sought-after location. Adjacent lot included!

Discover the ultimate investment opportunity in North Lawndale! This captivating 7-unit multi-family property offers a blend of luxury and convenience. Recently renovated, each unit shines with modern upgrades, attracting cash-flowing tenants. With a mix of three and two-bedroom apartments, this property promises steady returns. Set in an up-and-coming area amidst new developments and renovations, it's poised for significant appreciation. Act now to secure this lucrative asset, poised to thrive as the neighborhood blossoms. Don't miss your chance to reap the rewards of this prime investment! Purchase with equity current appraisal is at 775k!! 3- 3br 4-2 br ... upgraded units

Logan Square Unique find. Not many left an existing S.R.O. with a Hotel License. 67 Studios. Could be a big money maker. Needs work. New $60,000 boiler being installed. Please do not disturb tenants or employees. Only contact the Listing Agent. Currently 40%

Highly visible retail commercial condominium located along North Western Ave, offering an excellent location suitable for various commercial or retail purposes. The property boasts 1650 square feet on the first floor and an additional 900 square feet of basement space suitable for storage or extra inventory. With 14-foot high ceilings, the space includes a bathroom and a 2-car garage suitable for commercial vehicles. This retail condominium comes with a monthly assessment of $191.00 covering insurance, water, garbage, and snow removal. Owner financing may be available. The seller is a licensed Real Estate Broker in the state of Illinois. POSSIBLE OWNER FINANCE TO A QUALIFIED BUYER WITH A GOOD DOWN PAYMENT !!!!!!

Attention investor/business owners this wonderful mix-use building with 2,462 sf ft on a 3,125 sq ft lot. Building is ready to move in. New furnace, heating for each unit. First floor (Sore front) with new flooring, an updated half bathroom ideal for all professional services. Second floor has of a living area with a combined dining room,2 bedrooms, 1 bath and beautiful kitchen with all new, Includes a detached 2 car garage and full unfinished basement.

Retail/Office building available for Sale or Lease on Bryn Mawr Ave. Currently divided into two units, the rear portion and partial second floor is occupied by a dental lab. The front section facing Bryn Mawr is a vacant second-generation dental office that currently has 4 fully equipped exam rooms, a lab, breakroom/ lounge, and formal waiting room, reception area and updated bathrooms. Amazing opportunity for a startup or an experienced dental practice or any other medical user to move right in to this space or for another retail or office user at a attractive rental rate. Full basement. Great signage opportunity and ample street parking available directly in front of the building.

Located in the heart of Chicago's West Town. This property offers over 6000 square feet of space! Great location to develop, re-purpose, or keep as is. R-3 Zoning. Solid building features 3 separate levels of workspace with seating for 300+ in the main auditorium. An extra multipurpose area seats an additional 50+. Perfect youth center space for screen and raised soundboard area. Lower level houses a large open space for group sessions and or dining hall, outfitted with a commercial kitchen that offers 3 stoves and 3 refrigerators, a huge pantry & storage, A Clothes Pantry, separate children's classroom, and 2 updated bathrooms. There are 5 New furnaces and Central Air Conditioners were added that make the entire building zone-controlled with gas forced HV/AC. The roof is approximately 14 years old rates for 30 years. Street parking is available on Richmond, Wabansia, Humboldt Blvd and also has been an arrangement with a nearby lot. If that wasn't enough the property features a 5 bedroom home, that has recently been updated, hardwood floors refinished which is rents for $2,500 per month.