Chicago IL Commercial for Sale

ADDITIONAL INFORMATION

6915 S. Peoria is a 5-unit apartment building located in Chicago's up & coming Englewood neighborhood. Presently, this asset is grossly under-leased, but has tremendous upside potential. The stabilized pro-forma cap rate (with CHAC tenants) is 30; 20 with market rate tenants and its composed of 5 HUGE apartments (2 x 3/2s, 2 x 4/2s & 1 x 5/2). Light tune-up is required in 2 units. Hungry? Sustenance at Aldi & Whole Foods are just 3 & 4minutes away respectively. Need to get back to the office? The CTA's Halsted Green Line stop is 2 minutes from your front door. Need to get out of Dodge? The Dan Ryan Expressway is a 4-minute drive due East. 6th Ward Alderman Roderick Sawyer runs the show. Information deemed reliable, but not guaranteed. Use diligence.

ADDITIONAL INFORMATION

Come and see this beautiful Commercial Space!! Currently it's set up as a banquet hall. Main level is approx. 22 X 128 includes 2 Bathrooms, kitchenette area with a new Fridge included, large storage in the back with 2 emergency exits. The beautiful light fixtures have been updated to create a serene ambiance throughout the main level. 2nd level offers a wonderful space approx. 17 X 17 Property with a full bathroom and closet space. Property has a newer roof and central air system, Plumbing, and electrical. The owners have added a protective door in front of building. Bring your business ideas, this building has lots of potential. 200 chairs and 17 tables included in the sale. Don't wait make your appointment today!

ADDITIONAL INFORMATION

seller also owns lot on the right. No disclosure No survey

ADDITIONAL INFORMATION

Great Garfield Park location. Close to public transportation and the highway. Tall ceilings, some skylights, several large garage doors. Seperate PIN numbers! Close to the new 150,000 square foot training center the CTA is about to build.

ADDITIONAL INFORMATION

This all-brick Chicago classic offers 5,500 sq. ft. of versatile space, presenting an incredible opportunity to expand your business or establish a unique community venue. The property features a spacious main hall, two restrooms, a kitchen, a large dining area, and offices. Located in the East Garfield Park neighborhood, the M1-2 zoning provides flexibility for various ventures and the potential for lower long-term operational costs. The rear of the building includes attached storage space and a secure gated entrance in front. Conveniently situated near shopping, downtown Chicago, and major expressways. Schedule your showing today to explore the possibilities this property offers.

ADDITIONAL INFORMATION

This exceptional mixed-use property, located in the vibrant Portage Park area, offers a prime opportunity for both business and residential living. Spanning across four levels, the building features: - Ground Floor Commercial Space: The main floor presents expansive commercial space perfect for retail, office, or service-based businesses, currently occupied by a restaurant. With high visibility along the bustling N Milwaukee Ave corridor, this area enjoys heavy foot traffic and easy accessibility for customers. - Lower-Level Commercial Space: The lower level offers additional versatile space, ideal for storage, office expansion, or further commercial ventures, with convenient access and great potential for diverse use. - 4 Luxury Residential Units: Above the commercial spaces, find four beautifully appointed residential units, each featuring high-end finishes, modern appliances, and spacious layouts. Designed with comfort and sophistication in mind, these units provide an ideal living experience in one of Chicago's most desirable neighborhoods. - Prime Location in Portage Park: Situated in the sought-after Portage Park neighborhood, this property is within walking distance of parks, restaurants, cafes, and public transit, offering residents and businesses alike an unparalleled convenience of living and working in this dynamic community. This property presents a unique opportunity to own a piece of the thriving Portage Park area, combining residential luxury with commercial potential. Whether you're looking to expand your business or invest in a high-quality residential development, this property has it all.

ADDITIONAL INFORMATION

Great Investment Opportunity in Chicago's Historic Jackson Park Highlands Neighborhood! This well maintained 30 unit Courtyard has attractive curb appeal and is tucked away on a cul de sac. There are 24 - 2 bedroom units, with 2 different layouts, and 6 - 1 bedroom units. Majority units have been updated, some updates include condo quality finishes, quartz countertops, new cabinets, wood plank flooring, newly sanded and stained hardwood flooring, stainless steel appliances. New electrical, plumbing, new exterior porch systems, updated hallways and brand new high efficiency boiler! There is also a coinless laundry room onsite!

ADDITIONAL INFORMATION

**Attention Investors and First-Time Homebuyers!** This **huge** property is being offered **"as is,"** providing a tremendous opportunity for those seeking a project or an income-generating asset. The building offers substantial space, making it an excellent choice for investors looking to capitalize on rental income potential. The main level features a spacious office area, ideal for use as a personal business space or leased out for commercial purposes. This is a prime location for anyone wanting to start or expand a commercial business. The second level consists of a two-bedroom apartment, which offers significant potential but does require some tender loving care (TLC) to fully realize its value. With the right vision and investment, this property can serve as a multi-income opportunity, offering both residential and commercial options. Agents read remarks prior to showing, thanks!

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Rare find, amazing legacy building with 10 residential apartments and 2 storefront retail/office spaces. Building is fully occupied with no issues with vacancy and long term tenants due to the great location and condition of the building and units. Each of the residential apartments are all being used at 2 bedroom/ 1 bathroom units all with hardwood floors. One of the commercial storefronts is a long time accounting firm who wants to stay and rent for 6 months with the new owner. The second store front recently became vacant; a "vanilla box" ready for the next tenant. This building has very little deferred maintenance, great condition and a longtime owner who is ready to retire soon. Offering Memorandum could be provided with request.

ADDITIONAL INFORMATION

GREAT LOCATION OF BRIGHTON PARK!! OPEN YOUR BUSNESS IN THE FRONT UNIT AND LIVE IN NEWLY REMODELED BACK UINIT WITH 2 BEDROOMS AND 1 BATHROOM WITH A NEW SET CENTER HEATER AND AIR. THE STORE FRONT IS SPACIOUS AT ABOUT 25 X 40 WITH ANOTHER SET CENTER HEATER AND AIR. THE FRONTSTORE HAS BEEN OPEN FOR OVER 50 YEARS, AND IT CAN REOPEN INTO A COFFEE SHOP, BAKERY, AGROCERY STORE, AND A LAUNDRYMAT BUSINESS! THE REAR UNIT HAS A GREAT KITCHEN, LIVING ROOM, AND A LAUNDRY SET. NICELY SIZED BACKYARD WITH 2.5 CAR GARAGE SPACE. NEXT BLOCK TO THE ART AND DUAL LANGUAGE CALMECA ACADMA NEW SCHOOL. STEP TO 39 BUS , 52 KEDZIE BUS AND I55 HIGHWAY. DON'T MISS THE AMAZING DOUBLE OPPURTUNITY!!!

ADDITIONAL INFORMATION

Investor Opportunity! Huge all Brick Building with 6 Units on a Double Lot in the Austin Neighborhood! The Double Lot is all fenced in with black metal fence. Lot Appx. 98' x 130'. Estate Sale, Sold As-Is. No Survey, No Disclosures. No representation to validity of information is made. Buyer to verify all information wherein. Looking for a quick close!

ADDITIONAL INFORMATION

Attention investors, building in good condition and generating good income in a very quiet block , everything is rented ** SOLD BEFORE PRINT***

ADDITIONAL INFORMATION

This beautifully rehabbed 6-unit building is perfect for investors seeking an excellent addition to their portfolio. Located in the highly desirable and up-and-coming South Shore neighborhood, this property offers strong growth potential near the planned Obama Presidential Library. Each unit has been thoughtfully upgraded, featuring refinished hardwood floors, stainless steel appliances, stylish tile work in the bathrooms, recessed lighting, and the convenience of in-unit laundry. The property also includes a rooftop deck and assigned garage parking, adding value for tenants. Situated close to shopping and public transportation, this building is perfectly positioned to attract renters looking for modern living in a vibrant, transforming community.

ADDITIONAL INFORMATION

565 W. Randolph St offers investors a unique opportunity to acquire a prime asset in Chicago's West Loop, a neighborhood celebrated for its dynamic blend of commercial and residential growth. This 59,981 SF Class C office building, constructed in 1872, combines historical charm with modern functionality, featuring both a passenger elevator and a freight elevator. At $250 per SF with a purchase price of $14,995,000, this asset provides immediate stable cash flow along with significant value-add potential through a strategic conversion plan. The property is currently 98% occupied, with nine tenants, including ground-floor anchors Proxi and Sepia-two Michelin-starred dining establishments that recently renewed their leases for another five years with additional renewal options. This established retail presence ensures strong income stability for investors. Key Conversion Opportunity: Office to Multifamily Apartments This asset presents a compelling opportunity for an office-to-residential conversion, allowing investors to capitalize on the increasing demand for multifamily units in the West Loop. The property offers a phased approach to conversion: 43,624 SF (72.8% of the building) can become available by the end of December 2024, providing the majority of the building for potential apartment conversion immediately after acquisition. An additional 1,642 SF (2.7% of the building) will become available between March and November 2026 as leases expire, offering further flexibility for phased redevelopment. The final 5,550 SF (9.2% of the building) will become available between January and April 2029 upon lease expirations, enabling investors to continue generating income from office leases while gradually converting spaces to residential use. Strategic Investment Potential This asset allows for a phased redevelopment strategy, maximizing cash flow while taking advantage of conversion opportunities as leases roll over. The property's prime location offers proximity to top-tier transportation, shopping, dining, and green spaces, making it highly attractive to prospective residential tenants. By converting the office floors to apartments, investors can tap into the strong rental market in the West Loop, while still benefiting from the stable income of long-term retail tenants. With strategic upgrades and a phased conversion plan, investors can elevate rental rates, attract premium residential tenants, and significantly enhance the property's value. The unique combination of historical architecture, Michelin-starred retail tenants, and conversion flexibility positions 565 W. Randolph St as a standout investment in one of Chicago's most sought-after neighborhoods.

ADDITIONAL INFORMATION

Includes Office and Apartment! Unlock endless possibilities for your business at our exceptional commercial property located in the heart of Chicago. This strategically positioned space offers unparalleled visibility and accessibility, making it the ideal choice for businesses aiming to thrive in a dynamic urban environment. This space has a storefront retails space and a 2-bedroom apartment perfect for owner occupancy. The apartment features hardwood floors and maple cabinets. This property also features a basement and 2 car garage. Schedule you're showing today!

ADDITIONAL INFORMATION

Prime vacant land perfect for development. This terrific corner lot is ideally located East of 90/94 and just west of the 47th St. stop on the Green Line. Call listing agent for more info.

ADDITIONAL INFORMATION

Pride of Ownership. Roof, water heater, boiler all new in the past 5 years. Five generous 2 bedroom 1 bath units. Tenant pays electric and cooking gas. Two washer and dryers bring additional income. Two car garage is also rented.

ADDITIONAL INFORMATION

1ST FLOOR STORE REMODELED THROUGHOUT. 2ND FLOOR 3 BEDROOM 1 BATH APT. WITH NEWER KITCHEN AND BATH. 2 CAR BRICK GARAGE. LOCATED IN JEFFERSON PARK. PROPERTY SOLD AS-IS. EXCELLENT OPPORTUNITY TO WORK AND LIVE!

ADDITIONAL INFORMATION

THE OWNER (A SUCCESSFUL PHYSICIAN )IS RETIRING AND SELLING HIS REAL ESTATE--THE PAIN CENTER, ALONG WITH INVENTORY. THE PROPERTY IS GOOD FOR ANY BUSINESS -RESTAURANT, GROCERY, ETC., BUT IT WILL BE BEST FOR THE MEDICAL FIELD BUSINESS. IT IS A RARE OPPORTUNITY FOR THE COMING OWNER. THE PROPERTY IS IN THE HEART OF THE BEAUTIFUL CITY OF CHICAGO.

ADDITIONAL INFORMATION

Investment is a newer 6,000sf multi-tenant retail center on a 16,917sf site. Property is fully leased with 5 tenants. The property is professionally managed. The property is located on the west border of Chicago's Greater Grand Crossing Community. The property was built in 2014. Property features include a maintenance-free PVC roof, newer HVAC systems, and long-term quality tenants. The site is located one block east of the Dan Ryan Expressway on the south side of the street.

ADDITIONAL INFORMATION

WELL MAINTAINED BUILDING 10 FT HIGH CEILING WITH 8 PARKING SPACES GREAT FOR RETAIL BUSINESS! GREAT TURNKEY INVESTMENT PROPERTY! CURRENTLY LEASED TO DAYCARE FOR KIDS! LONG TIME TENANT! CAN SELL BUSINESS SEPERATELY OR WILL EXTEND LEASE! USED TO HAVE FOUR UNITS SO ALSO HAS 4 BATHROOMS!

ADDITIONAL INFORMATION

Your turnkey investment property awaits in Auburn Gresham! Nestled on a quiet, one-way street in a thriving neighborhood. Featuring 6 spacious 2-bedroom units. 5 out of 6 units are occupied with solid tenants. The entire building underwent a complete renovation in 2020, while carefully preserving some of its original historic charm. Renovations include: New plumbing, windows, heating systems, electrical system/panels, and TANKLESS WATER HEATERS for each unit! Kitchens feature upgraded stainless steel appliances and new counter tops. Hardwood floors throughout. Freshly painted common area and hallways. Fully fenced with security gates. Common area coin-laundry and storage resides in the basement. The 3-car garage is located in the rear for additional income. All 3 garage doors are brand new! Minutes from the 79th Street Corridor, Dan Ryan, and Metra. This cash-flowing property, meticulously maintained and expertly crafted, offers a prime investment in a sought-after location. Schedule your tour now!

ADDITIONAL INFORMATION

Great mixed use building in a great shape occupied by an appliances store and 2 bedrooms apartment rear second floor , great investment Property .

ADDITIONAL INFORMATION

Fantastic opportunity to own this mixed use property with a commercial space in front and 2 residential units in back. Zoned C1-2. Full gut renovation including the one story commercial building in the front of the property (with 3 offices, kitchen and bathroom) and 2 unit residential building in the back of the property (two bedroom one bathroom each with in unit laundry). 1 spot attached garage parking for the first floor unit with storage. Property renovation includes demoing and rebuilding the second floor, tuckpointing the property, installing new closed cell foam insulation, windows, doors, gates and fences, installing all new mechanical systems including new water line, storm sewer system and 600 amp commercial electrical service. The residential units were finished with brand new cabinets, hardwood floor, and tiled showers. Desirable Bucktown location with parks just 2 blocks away, 15 minute walk to the blue line, a few min to a shopping center and down the street from the highway. Commercial unit provides opportunity for exposure with over 23,000 cars per day and ability to install a sign over 100 sqft in size based on current codes. Residential unit are built further back in the property to provide privacy from the busy street. Owner has commercial tenant interested and available if buyer would like.