Chicago IL Real Estate & Commercial for Sale

We are pleased to present 22 East Elm for sale. This recently remodeled building is located on one of the most beautiful tree lined streets in Chicago's Gold Coast. The unique 5100 sf space has been elegantly designed and curated by the current owners with walnut floors, custom lighting, surround sound & a stunning glass elevator (accessible to all three levels). Currently a high end salon and med spa, this flexible space can most certainly be reimagined as a myriad of other uses including a luxury single family home, medical practice, luxury retail store, or even a sales, private equity or wealth management office to name a few alternatives. The zoning is amenable to other uses and the entire property is handicapped accessible. Unique opportunity for a savvy investor to acquire a luxury piece of property in Chicago Gold Coast. Opportunity abounds as the property has a myriad of excellent uses. You won't be disappointed.

Introducing a remarkable opportunity that offers endless possibilities in a prime location. This mixed use property ensures excellent visibility, foot traffic, and accessibility, maximizing its potential to attract customers and clients. This property presents three distinct spaces, each with its own unique potential, perfect for the savvy investor or entrepreneur seeking a versatile space to transform their vision into reality. All occupied units are under fully negotiable leases, generating a gross yearly income of $54,000. The first space is a 600 sq ft vibrant retail store. Adjacent to this exciting shop is another 600 sq ft turnkey restaurant with a welcoming ambiance and a well-equipped kitchen, making it an enticing option for those seeking a ready-to-go business venture. Nestled at the rear of the property is a charming (approx.2400 sq ft) 3 bed & 1 1/2 bath coach house. Already occupied as well, this income-generating unit adds an additional layer of value to the property, offering a consistent revenue stream. Furthermore, the coach house is complemented by a delightful yard, providing a tranquil retreat. With all of these versatile spaces, this property is a rare find, catering to the aspirations of investors, restaurateurs, and entrepreneurs alike. Don't miss out on this extraordinary opportunity to make your mark in the mixed use property arena. Embrace the possibilities, unlock the potential, and set the stage for your business venture in this remarkable space. Contact me today to schedule a viewing and seize the chance to turn your dreams into reality!

GREAT CHICAGO NORWOOD PARK LOCATION. WALK TO TRAIN(METRA), BANK,POST OFFICE, RESTAURANTS. COMMERCIAL CONDO WITH LOW MONTHLY ASSESSMENT $347 INCLUDING HEAT. CLIENTS PARKING IN FRONT OF THE OFFICE AND 4 ASSIGNED SPACES IN REAR. PERFECT FOR ATTORNEY, INSURANCE, REAL ESTATE, THERAPISTS, ACCOUNTING etc. SELLER MAY FINANCE FOR QUALIFIED PARTY. ALSO AVAILABLE AS RENTAL MLS# 11970937. GREAT VALUE AT THIS PRICE.

Great investment opportunity! Tenants pay heating, hot water and electric costs. Three 3 bedroom units and Three 2 bedroom units. 48 hour notice for all showings.

This property has a huge upside with minimal work. Long term owner with below market rents that can be substantially increased. The property consists of 16 residential units of which 10 have been remodeled within the last 2 years. 5 stores are all rented. 2 warehouse units in the back total around 6,300 square feet can be utilized for many different businesses. The warehouses connect to one of the front stores and can potentially be used as a showroom in the store and storage in the warehouse. Separate heating and tenants pay all of their utilities. This building has been historically at 100% occupancy for years. Located on Irving Park Rd. (route 19), this property is close to I90 as well as public transportation.

Investment opportunity 8 cap in fully remodeled turnkey 14 unit brick building west of loop in Humboldt Park. Mix of bed/bath counts all renovated in last 2 years. In addition to new roof, new porch system, updated plumbing and a new exterior security camera system apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Located on massive lot with proximity to numerous bus stops, CTA and Metra. Some value add opportunities. Cash flowing asset with above average rents and below price per unit. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.

10212 S. King is a twelve (12) unit courtyard building located in Chicago's historic Rosemoor neighborhood. Nestled amongst an abundance of single-family homes, and across the street from St. John De LaSalle Catholic School, this property offers easy access to local amenities, public transportation, and friendly community living. 10212 S. King is currently comprised of five (5) 1BD/1BA, six (6) 2BD/1BA, and one (1) 3BD/1BA units, with the first-floor 3BD/1BA recently converted into a spacious duplex-down unit. Recent improvements to the building include, but are not limited to, updated porches, copper plumbing, individual furnaces & hot water tanks, and central air conditioning in five (5) of the twelve (12) units. Furthermore, the building include six (6) garage spots in the rear. Current ownership is presently not capitalizing on the garage. 10212 S. King presents an investor with the unique opportunity to acquire a stabilized, positive cash flowing asset with an in-place cap rate of just over 10%. Through raising rents to figures already being achieved in the building, there is an opportunity to gain a cap rate north of 12.5% and a cash on cash return of over 27%.

Investment opportunity 6% cap to own a rare turnkey 13 unit brick building with coach house and garages on oversized lot in hot Edgewater neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to new roof and hot water heaters apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near university, restaurants, retail, lake and more. Some value add opportunities. Cash flowing asset. Contact agent for more photos. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.

Prime 1200 sq. foot space available for lease or for sale in a highly sought-after location near Belmont/Lincoln/Ashland. This versatile space, previously used as a nail salon, offers an ideal opportunity for businesses seeking a strategic location with ample foot traffic. Whether it's for an office, nail salon, or spa, this space provides a blank canvas for entrepreneurs to bring their vision to life. Don't miss the chance to establish your business in this bustling area

Check out this solid brick building in the busy South Western Avenue area of Chicago. It's a great investment with a shop on the ground floor that catches lots of foot traffic. There's also a cozy studio apartment that's been updated for comfort. Upstairs, you'll find Single Room Occupancy (SRO) units that are all set according to city rules, making it a safe bet for you and a reliable place for tenants. These SRO units are almost full, bringing in $2,405 a month. Plus, the studio and the shop each add $900 a month to your earnings. ($4205/m Total) This property is in a neighborhood that's getting more valuable, so it's not just a buy; it's a smart move for growing your investment. With a strong income stream, it stands out as a great choice for anyone looking to invest in a growing area. Come see why this property could be a key part of your investment future. Book your visit today!

Don't miss out on this remarkable chance to craft something truly extraordinary! The expansive first floor extends all the way to the back alley, offering 3,000+ sqft of versatile space primed for your creative vision, complete with two convenient half baths. Upstairs, discover a full bath and a spacious apartment comprising seven rooms. Over $25k has been invested in essential repairs, including a new roof and water remediation, laying a solid foundation for your endeavors. HUGE Full basement. With a touch of vision and tender loving care, this property has the potential to evolve into a lucrative long-term investment. Boasting zoning for apartments, the possibilities are limitless-let your imagination soar!

Incredible opportunity to own in this sought after location. Great for a multitude of businesses. Free standing building, Signalized intersection, 4441 sf retail/office building with 8-10 parking lot spaces on east side, 4 units, all separate utilities, one story commercial brick building with a partial basement, electrical 2 years, roof approx. 3 years. Potential to own your own business or rent. Daily traffic count per IDOT 17,300 (VPD), Nearby many restaurants, shopping, public transportation Orange Line and Midway airport. property well maintained but sold As-Is.

Fantastic opportunity to own this mixed-use building located in an Opportunity Zone. With a projected NOI of almost $200k/yr upon completion, this property consists of ten residential units and four commercial units. The rare gated courtyard design of the property provides an insulated, safe environment for the residents. The four commercial units, with fantastic visibility and access to Ashland Ave are the perfect size for entrepreneurs to get their new businesses off the ground with a bang. The spaces are open, airy and offer flexible layouts that serve a wide range of businesses. The makeup of the residential units is four 1 bedroom units and six 2 bedroom units, each with 1 bathroom. They are all great sized units with big windows and lots of natural light. This is a two story building, convenient for the all tenant types, and also convenient for finishing the rehab (residential plumbing can be PVC, for example). The 4 commercial units will be very easy to fill given their size. They are perfect for NNN tenants like a quick serve restaurant (sandwich shop), barber shop, nail salon, tax/insurance shop etc. The property has been fully demo'd, a new full tear-off roof has been installed, most masonry work is completed and is fully framed out and ready for MEP. Plans have been approved with the city and permits are imminent.

Larger 8 Unit all brick Multi- Family building in up-and- coming Avondale right by South Old Irving Park and the Villa. All eight apartments have 1 Bedrm, 1 Bathrm and Living Rm. Four units have updated kitchens. Whole building is fully occupied by tenants. Most tenants on M/ M basis currently. Basement is full and has four unfinished parts with mechanicals, coin washer and dryer, all 9 meters and plenty of storage areas. Ages of some of components/ mechanicals per the owner: Newer hot water tank (2015). Newer Furnace (2014). Newer vinyl windows. Mix of copper and galvanized plumbing. Roof: total complete new layer after complete repair was done in (2017). Little backyard. Rent Roll is available in Add'l info on MLS. Currently it brings annual rental Income of: $ 143,580! And expenses per the owner are: $ 15,145 plus real estate taxes: $ 16,056. Convenient location close to Blue line train on Addison St and Expressway I-90.

A mixed use Commercial/Residential property on 63rd St. just west of Oak Park. The property is well maintained and set up for a live in investor who is motivated to self manage the rentals in individual cluster offices. There are 10 offices on the first floor with 2 restrooms. There are 2 more offices on the 2nd floor with private baths. central heat and a/c. This is a great concept for new businesses looking for affordable office rent. The 2 offices are expandable on the second floor with a separate neighboring updated 2 bedroom apartment. There is a lot of income opportunity in the location. Some of the many uses are: Real Estate Office, Accountant, Satelite corporate office, etc.

50' or 2-25' storefronts on busy 63rd st just west of Central ave. Approximately 4200 sq ft of main level storefront plus full basement. Currently used as a resale/thrift store warehouse. The business and inventory is negotiable. A great service building for Midway Airport.

Don't miss out this fantastic opportunity to own and operate your business at the busy area on Irving Park Rd. Owner is retiring and hates to leave this beloved building, and willing to convey the business at no additional fee. Corner lot building offers 12+ parking spaces. Current zoning is B3-1, which allows more types of businesses than B1 & B2 districts. B3-1 allows shopping centers, large stores, and retail storefronts, often along major streets; apartments permitted above the ground floor.

Former Medical Office Bldg in HOT Ukranian Village. Needs some TLC, but not a complete reno. First floor is longer (from front sidewalk to alley in the rear) than 2nd floor. Unfinished basement. Working elevator in front lobby services the first and second floors. Both floors are split up into several smaller offices/exam rooms. This property could be made rent ready quite easily, or - like so many other properties in this hot area - could be redeveloped into condos or a mixed use bldg. Sold "as-is".

Attention, Investors, Rehabbers, and Home Owners.... Rarely Available! Hot, Bronzeville Development Opportunity! Beautiful Brick Church Zoned RM-5 (RESIDENTIAL) on 50x162 lot. This property has tons of potential. Current Zoning allows for Single Family or Multi-Unit development. The existing structure can be converted to a Beautiful Single family or multi-Unit. The Lot is buildable for up to 20 units. Selling As-Is, Cash or renovation loans only. No Tax proration, No Survey, all room sizes estimated. Need some notice prior to showing. Surrounded by New Construction. Excellent Prime Development Location with /Great Exposure, Minutes from Mariano's and Expressway, and Hot Bronzeville Commercial Development.

Excellent opportunity to own this updated, 5 unit walk up in Ukrainian Village. The building is well maintained and 100% occupancy. New roof 2021, Replaced electrical panels for full building 2023, New furnace in 2F 2023. This turnkey building is easy to operate & manage and includes, come tour with confidence!

Built in 2021 Mixed Use 4-Unit Building in West Town. First floor retail storefront, currently used as a restaurant on a NNN lease and 3 condo quality 2Bed apartments. Sleek, modern interiors designed with an eye for both style and functionality. From open-concept layouts to high-end finishes. Hardwood floors throughout, central HVAC, Washer&Dryer, modern cabinets and tile selections, private outdoor space. Smart turn key newer construction investment building grossing over $200,000 in income with 6.5% cap rate Low Expenses, NNN Lease on Retail Space, Prime Location. Conveniently located in the heart of Chicago this building offer easy access to the city's best dining, shopping, and entertainment options.

Built in 2021 Mixed Use 4-Unit Building in West Town. First floor retail storefront, currently used as a restaurant on a NNN lease and 3 condo quality 2Bed apartments... Passive Turn Key Investment... Sleek, modern interiors designed with an eye for both style and functionality. From open-concept layouts to high-end finishes. Hardwood floors throughout, central HVAC, Washer&Dryer, modern cabinets and tile selections, private outdoor space. Smart turn key newer construction investment building grossing over $200,000 in income with 6.5% cap rate Low Expenses, NNN Lease on Retail Space, Prime Location. Conveniently located in the heart of Chicago this building offer easy access to the city's best dining, shopping, and entertainment options.

Nestled in Englewood's heart, the historic church at 5600 S Green St, Chicago, blends timeless elegance with modern utility, making it an ideal hub for spiritual growth and community outreach. This 10,000 sq ft sanctuary not only accommodates 300 worshippers but also features a fellowship hall for 150, classrooms, a nursery, and offices, equipped with a kitchen and updated facilities. This facility is brimming with comprehensive features: classrooms to nurture educational endeavors, a nursery for the youngest attendees, and ample office space for seamless administration. Key amenities like a fully equipped kitchen, modern bathrooms, and extensive storage ensure every event is catered to perfection. Recent upgrades, including a HVAC system installed in 2016 and a roof renewal a decade ago, underscore the commitment to comfort and peace of mind. Englewood, known for its economic resurgence and cultural vibrancy, offers a rich backdrop for impactful ministry and community engagement. Strategically located for unmatched accessibility, this property is a gateway to downtown Chicago, thanks to nearby CTA Train Line and bus connections. Englewood's renaissance, marked by diversity and a burgeoning cultural scene, presents a unique opportunity for visionary leadership. This community's economic growth and commitment to cultural enrichment make it a fertile ground for new and established congregations or community agencies looking to deepen their impact. 5600 S Green St stands as a testament to faith, hope, and community, offering more than just a physical space-it's a chance to be at the forefront of Englewood's thriving community and economic development. 5600 S Green St represents not just a property, but a portal to impactful leadership in community service.