Chicago IL Real Estate & Commercial for Sale

Prime ground level commercial condo for sale or lease in Wicker Park. Exposed brick, rehabbed kitchenette, 10.5' ceiling, and a basement. Perfect for cafe, gallery, retail, yoga/pilates studio. Amazing location with heavy foot traffic on the "restaurant row" of Wicker Park. Bright open windows face lively Division Street, where the "Do Division Fest" draws 60,000 visitors annually (over one weekend in early June). Walk to shops, restaurants, and CTA Blue Line L-stop. Nearby businesses include Queen Mary, Folklore, Enoteca Roma, Dunkin' and more.

901-905 S Laflin is a 6-unit multi-family income opportunity in Chicago's Little Italy Taylor Street Neighborhood between the UIC East Campus and The Illinois Medical Center and close to Rush Hospital. This property consists of two 3-story, all-brick buildings on a 50x125.5 lot, featuring three 2-bedroom, 1-bath units and three 3-bedroom, 1-bath units (two separate pins: 17173170140000, 17173170150000). Renovated in 2021, 901-905 S Laflin offers high-quality apartments with modern amenities: in-unit washers and dryers, central heat & air, quartz countertops, vinyl flooring, optimized layouts, and outdoor balconies. Residents pay for their own electricity and gas. The property also includes a 6-car parking pad off the rear alley. Located just one block off Taylor Street, residents have easy access to retail, restaurants, services, and convenient transportation options (Blue & Pink EL, Eisenhower, Kennedy, and Dan Ryan Expressways).

Great opportunity!!! Amazing location facing Vincennes Ave. Currently being used as 9 office suites. Ideal for office, daycare, etc.

Heart of Chicago's Loop. Commercial condo and all its bar/restaurant assets are for sale. The business' corporate entity is not for sale. The Pub business is currently operating as the brand, Tradition and has been for the last 12 years. Legal interior occupancy is 143 persons for the first floor (3,300 square feet) with a ceiling height of 17 feet. There is a fully equipped basement bar (1,400 square feet) with storage facilities and employee washrooms having a ceiling height of 8 feet with access to an elevator. If both interior floors would be used for the customers, the total square footage is 4,700 square feet. Restaurant frontage is 37.5 feet with additional frontage of 12.5 feet for the vacated alley used as a patio on the building's south side; plus, there is a sidewalk cafe operation. Two 12-tap handle refrigerated draft systems. Two walk-in coolers & one walk-in freezer. The kitchen has a 20-foot exhaust hood with a fire suppression system. All FF&E is included. Zoning DC-16. Proof of Funds Required Prior to Showing.

THIS BUILDING HAS 3 APARTMENTS RECEIVING A TOTAL OF $3,800 IN MONTHLY RENT. ***FIRST FLOOR FRONT APARTMENT HAS 2 BEDROOMS AND RECEIVES $1,500 IN RENT*** /// ***FIRST FLOOR BACK APARTMENT HAS 2 BEDROOMS AND RECEIVES $1,400 IN RENT, IT INCLUDES AN ATTACHED GARAGE*** /// ***SECOND FLOOR APARTMENT HAS 3 BEDROOMS AND RECEIVES $900 IN RENT***. WOW! INCREDIBLE INCOME PRODUCING PROPERTY IN THE HEART OF RAPIDLY GROWING MCKINLEY PARK. THIS ONE OF A KIND BUILDING SPOILS YOU WITH GENEROUS SIZE BEDROOMS, 1 CAR GARAGE AND WASHER AND DRYERS IN EACH OF THE UNITS. NATURAL LIGHT HIGHLIGHTS THE VIBRANT NEUTRAL COLORS THROUGHOUT, FUNCTIONAL FLOOR PLANS AND GLEAMING HARDWOOD FLOORS. PRIME LOCATION GIVES YOU CLOSE PROXIMITY ACCESS TO THE STEVENSON EXPRESSWAY, ORANGE LINE TRAIN STATION, BUSY ARCHER AVE AND ALL THE COMMERCIAL CONVENIENCE THAT SOUGHT AFTER MCKINLEY PARK HAVE TO OFFER!! SCHEDULE YOUR PRIVATE VIEWING TODAY!!

Prime Commercial Property on Ashland Ave - Renovated and Ready for Business! This exceptional commercial property spans across 7 city lots on bustling Ashland Ave, offering unparalleled visibility and accessibility. Recently, the interior has undergone a complete renovation, featuring brand new electrical systems, plumbing, HVAC, and a durable asphalt roof. The building itself boasts 12,000 square feet of versatile space, perfectly suited for a variety of business uses, and includes a full unfinished basement for additional storage or future expansion. Key features: Lot Size: 225 x 108 feet, providing ample space for your business operations. Building Size: 1,200 square feet with a full basement. Zoning: B3-2, allowing for a wide range of commercial activities. Parking: Abundant parking available to accommodate both customers and staff. Don't miss this opportunity to establish your business in a highly desirable and thriving location. Contact us today to schedule a viewing!

Rarely available, turnkey, all brick, 6-unit, apartment building in prime Hyde Park location! This is an amazing opportunity with a 6.5% NET CAP return at the list price! This classic, center entrance building is the perfect balance of timeless, Chicago architecture with modern convenience and updates throughout. The building is comprised of six (6) 2-bedroom / 1-bathroom apartments. All units are spacious and updated throughout. Features include modern style kitchens and baths, quartz counters, large living rooms, separate dining rooms, nice size bedrooms, custom lighting, insulated windows, refinished hardwood floors and back decks. Common areas have been enhanced with large individual storage units, newer on-site card payment laundry machines, perimeter video security system, well maintained and modernized zoned boiler system, updated exterior decks and professional landscaped expansive grounds. The building is perfectly located on a quiet, one-way street and very close to the University of Chicago campus, catering to both students and facility members. This building has been meticulously maintained by an experienced, professional, management company for many years. Tenants are satisfied here with many recently renewed leases, which will further increase rental income this year. This is a true arm-chair investment opportunity!

This solid brick building located in Rogers Park is an excellent investment opportunity that you don't want to miss. It consists of 7 units and is conveniently located close to the Rogers Park Metra and Morse Red Line Stop, making it ideal for renters who value accessibility. The building is very well-maintained, and renting it out has been a hassle-free experience. The main hallways were painted and decorated, and the units have been tastefully updated with new granite countertops in the kitchen, refurbished cabinets, and appliances. In addition, any necessary drywall repairs have been made to ensure the unit is in top-notch condition. Don't hesitate to take a closer look at this fantastic property.

Must See! Spectacular mixed-use property in Irving Park. Over 7,500 square feet. Great visibility at corner of high traffic Irving Park Road (29,700 vehicles per day) and Elston (11,000 vehicles per day), plus Monticello Avenue. 4001 N. Elston also includes 4003 N. Elston and 4005 N. Elston. 2 first-floor commercial spaces are leased. Corner building with offices/retail is vacant (this is a great unit for owner or additional tenants). There are two second-floor 2-bedroom apartments with private rear balconies, both rented. There is ample parking behind the building. Located in popular Irving Park with easy access to area restaurants, shopping, and other conveniences. Monthly income is $5,850. Sold as-is.

Introducing an exceptional investment opportunity in the vibrant neighborhood of Pilsen! This brand new, gut-rehabbed multifamily building boasts 15 stylish units, offering the perfect blend of modern luxury and urban convenience. With a 7.51% capitalization rate, this property presents an irresistible chance for savvy investors to maximize their returns in a rapidly growing market. Located in the heart of Pilsen, one of the hottest areas in town, this multifamily building benefits from an incredibly desirable location. Pilsen is renowned for its vibrant arts scene, trendy boutiques, popular restaurants, and lively entertainment options, making it a sought-after destination for residents and visitors alike. In addition to its superb location, this multifamily building has been meticulously renovated from top to bottom, ensuring low maintenance and minimal vacancy rates.

Located in a desirable Milwaukee corridor in C1-1 zoning on two lots (separate pin numbers: 13224110100000 and 13224110090000) with separate retail addresses: 3542 and 3544 N. Milwaukee Ave. Two 25 feet lots for a total frontage of 50 feet. This solid, cinder block building offers 2 offices, 2 bathrooms, conference room, open concept shop/work areas, 2 overhead garage doors with access from main street and from alley. Gated backyard offers additional parking. Area is being re-developed. I90 access only a mile away. Must see to appreciate it. Sold "AS IS".

This property is the investment opportunity you've been looking for! All units are currently rented, with only 2 units still available, and all rents are current. The building, which consists of 16 units including 3-2 bedroom apartments and 13-1 bedroom units, is situated in South Shore, where the Obama Center is under construction, leading to significant revitalization in the area. The roof is less than 5 years old, the boiler is regularly maintained, and the hot water tank is approximately 10 years old. Additionally, there is a camera system installed on the building that will be retained. Some of the units have been renovated, and both the building and the neighborhood are peaceful and quiet. Priced to sale perfect for the investor looking for that 1031 exchange investment!

COMMERCIAL BUILDING FOR SALE! 10,134 SQFT. Currently being used as automotive repair garage, but this property allows for extensive business opportunities. Located in a high traffic area. Currently rented at $1,300 until 11/30/2024, please do NOT disturb tenant. Showing by appt ONLY.

FANTASTIC OPPORTUNITY TO OWN YOUR BRICK BUILDING AND 3 ADJACENT LOTS! IDEAL FOR BODY SHOPS, TOW TRUCK, BUSINESSESS LOOKING TO EXPAND, ETC! PROPERTY NEEDS WORK & IT IS REFLECTED IN THE PRICE. SOLD AS-IS. BUILDING & LOTS ARE ALSO AVAILABLE FOR RENT AT $2,500 A MONTH. DRIVE BY.

Historic Humboldt Park offers this rare and hard to find brick 3-story 6 unit with a non-conforming 7th unit. The 2nd and 3rd floor 4 units consist of 6 rooms, 2 bedrooms plus a bonus den. Hardwood floors throughout, large living rooms & formal dining rooms w/ spacious kitchens. The 2 first floor units feature 5 rooms, 2 bedrooms. Living rooms with open kitchens. The 7th unit in the rear of the first floor is a 3 room 1 bedroom. All units have separate GFA heat. One unit has central air. Common hot water tank for the building & separate CB electric meters for all units. Coin operated laundry for extra income. Beautiful large backyard with a 2-car brick garage (potential for additional income). Great units and tenants... Long time tenants. All tenants are M to M. Complete tear off roof in 2021 and back windows of property. The owner has done several updates throughout the years. Property is being sold in AS-IS but a great opportunity for a savvy investor in a prime location!

MASSIVE AND BEAUTIFUL CHURCH WITH SEPARATE SCHOOL BUILDING ON A 6 CITY LOTS. PLENTY OF PARKING. SANCTUARY FOR ABOUT 180 WORSHIPERS. PROPERTY NEEDS WORK OR CAN BE REDEVELOPED. SOLD AS IS. ACT NOW!

North Mayfair Legal 5 Flat- Spacious (2) 5rm-2bdrm-1bth and (3) 4rm-1bdrm-1bth apartments- (3) updated kitchens- (4)C Brick and 2.5C Frame Garages- Hardwood floors thru out- Basement coin laundry- Storage unit for each apartment- Separate work room w full bath, storage and exit door- (6) GFA furnaces and (4) C/A units- Two tankless water heaters, one used as back up- Pressure booster pump- Tear off building roof, tuckpointed parapets & recoated brick garage roofs 2015- Front tuckpointed/ lintels repaired 2021- Building/ garage electric completely rewired- Copper horizontal water pipes- Chimney Liner- Appliances include (6) refrigerators, (5) stoves, (3) dishwashers, (2) washers and (2) dryers- Large yard.

46-unit multifamily asset in the rapidly developing neighborhood of United Center/Near West Side. Professionally managed and Fully staibilized this property has approximately 40,500 RSF, containing a mixture of two-bedroom/two bath and one-bedroom/ one bath apartments, with two elevator bays, 1:1 attached garage parking and common rooftop deck. Gross Monthly Income of $99,799 priced at 6.2% Cap Rate. Pro Forma at 7.1% Cap Rate. Completed in 2020 to an elevated standard all units are inclusive of stainless-steel appliances, quartz countertops, all new plumbing and electrical systems, in-unit laundry, custom outfitted closets, window treatments and more. With the United Center and Medical District just blocks away and the new Green Line stop at Damen and Lake opening late summer 2024, the Near West Side is a highly trafficked area that includes easy access to grocery stores, bars, restaurants, hotels, and various other entertainment options with much upside on the horizon. In addition to the new Green Line Station and being on a major bus route, the subject property offers tenants excellent transportation options via the Dan Ryan, Eisenhower & Blue Line stations.

Discover an extraordinary investment opportunity in the heart of Chatham with this classic Chicago-style brick six-unit building. Each unit features 2 bedrooms and 1 bathroom, offering a versatile layout perfect for a variety of tenants. This property is brimming with potential, awaiting your vision to restore it to its former glory. Key Features: Prime Location: Situated in the vibrant Chatham neighborhood, known for its strong community and rich history. Spacious Units: Six well-designed 2-bedroom, 1-bathroom units. Investment Potential: Ideal for renovation and value-add strategies, offering substantial ROI. AFTER REHAB VALUE $500K+ Vacant Units Available for Viewing: Two units are currently vacant and available for showing. Please respect tenant privacy in occupied units. Important Details: Buyer Responsibility: The buyer is responsible for addressing city code violations. As-Is Sale: The property is being sold in as-is, where-is condition. Additional Information: For more details, please refer to the "Additional Information" tab in the MLS. This is a rare opportunity for serious investors to acquire a property with significant upside potential. Bring your ideas and expertise to transform this distressed asset into a prized income-producing property.

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.

Amazing opportunity to acquire a well-established restaurant and building with over 30 years of history. This fully equipped establishment includes all fixtures and a robust online presence. Running a restaurant requires dedication and hard work, so be prepared for the challenges ahead. However, with proper planning and execution, you can turn this into a highly successful and lucrative venture. The decisions are in your hands! Please do not disturb the dedicated employees. Located at the southwest corner of Lawrence and Keeler, this property is ideal for various types of businesses. It is very well-maintained and over 10 parking spaces. The seller is retiring.