Renovated in 2022, Motivated seller.....bring all offers! This staple in the West Roseland since 1969 on Michigan Avenue. It features a turnkey fully operational store-font restaurant with all the fixtures, furnishings, and equipment needed to continue its legacy of excellence. The reputation of Ware Ranch Steak House ensures a loyal customer base and a smooth transition for the new owner. In addition, the second floor features an open-concept living and dining area with a fully renovated kitchen including Stainless Steel Appliances, a beautiful backsplash with cabinets, and a ton of storage space. This space can also be used as a banquet hall. Parking in the rear fits 4 cars. (Everything stays except a small pop cooler and the pictures on the wall)
Are you looking for a cash flow deal? This property has long term tenants and has terrific cash flow. The buiding is in good vintage condition, with a high quality management team that has kept up with maintenance. Clean and secure. Coin op laundryroom downstairs. Long term tenants in place. Low expenses and low maintenance.
Fully occupied, professionally managed 6-flat in HOT Avondale. Each unit has its own furnace and central AC. Building and units rehabbed in 2017-18. 1- and 2-bedroom units include: in-unit laundry, stainless kitchens with quartz countertops and white shaker cabinets and modern bathrooms. Roof replaced in 2020. New gates and fencing, and new rear siding in 2023. Tenants responsible for their own Electric and Gas bills. Enjoy turnkey, up and running, top rent money maker in AVONDALE. 48 hour notice required. Tenant rights
Fully recently rehabbed, this brick all-around mixed-use, 2-unit building is located in the heart of Lincoln Square, offering an incredible amount of finished square footage-4,532 assessed sq ft. Built fully front to back and lot line to lot line, the lower level at the front of the building has been dug down, providing excellent usable space and enhancing functionality throughout. The commercial space is restaurant-ready, featuring two large open dining rooms, an airlock vestibule, a built-out host station, and a full bar with multiple sinks. A server's ice room with storage and a fully equipped service station add to its operational ease. The space includes two fully renovated bathrooms-one with two stalls and the other with a single stall and urinal-each with independent handwashing stations. The commercial kitchen is equipped with a full-length ventilation hood system, ready to accommodate a variety of appliances, including ranges, fryers, and griddles, making it adaptable to diverse kitchen needs. A separate dishwashing station is fully set up with a commercial-grade pre-rinse spray nozzle, glasswasher, and a multi-compartment sink. The lower level boasts newly poured concrete flooring, a complete drain tile system, a laundry room, an office, and a staff bathroom. It is also prepped for the installation of a commercial walk-in refrigerator and freezer, with reinforced concrete, ample headroom, and ready-to-use electrical and drainage systems. The building is fully modernized with updated infrastructure, including new security cameras, foam insulation throughout, newer windows, a newer roof, and completely replaced electrical lines, gas lines, water lines (now copper), and sewer lines. Both the residential and commercial units are equipped with individual heating and cooling systems, ensuring maximum comfort and efficiency. The residential unit, currently rented for $3,500 per month until August 2026, offers exceptional value with fabulous tenants who pay utilities. This oversized 5-bedroom, 2-bath unit features stunning wood finishes, a chef's kitchen, and an adjacent multi-use room. The layout includes a dining room, living room, and family room, all bathed in natural light from large windows. Hardwood floors and recessed lighting add to the unit's charm and practicality. Located within the sought-after Waters Elementary School area, this building is just two blocks from Lincoln Avenue and the Brown Line train, making it an incredibly convenient location. Lincoln Square boasts a vibrant community with a variety of independent shops, breweries, and a dynamic restaurant scene. The property also offers easy access to the North Branch of the Chicago River, Ravenswood, North Center, Uptown, and Andersonville, making it a prime investment opportunity in one of Chicago's most desirable neighborhoods.
Investment Summary The 2 Greystone buildings and dedicated parking lot are located in what many consider the best neighborhood in Chicago for investment right now. The near term appreciation is expected to be huge. The East Little Village/ West Pilsen neighborhood is the hottest up and coming in Chicago due to it's close proximity to Downtown Chicago along with the amenities of the public transportation, a diverse shopping district, along with the connection to the city's boulevard and park systems. Think "Logan Square South". Many buildings in the area are being rehabbed and several new construction projects have already begun. There is Pink Line EL train stop approximately 2 blocks from this location. Douglas Park, which is one block from the subject property, is a gem in the park system and hosts several music fests that have helped bring about positive economic change to areas on the north side of the city. Chicago has recently replaced much of the infrastructure in the neighborhood including water mains, sewer lines, sidewalks/ curbs, and added trees to the street city-scape in anticipation. Both residential and commercial rents are on the rise with tenants moving in from other parts of the city. This is expected to continue for the foreseeable future. Chicago, as a whole, also continues to experience people moving in from other parts of the country looking to become part of the rich and diverse employment opportunities the city has to offer. The subject property is fully stabilized and has been well maintained. The property features 3 adjoining properties. There are 2 grey stone mixed-use buildings and 1 vacant lot containing a 3 car garage. There 4 commercial tenants and 4 residential tenants occupancies. On the first floor is a 2 storefronts rented for artist use. The second and third floors contain 4-two bedroom apartments and 2-one bedroom apartments. Every unit on both floors are spacious, comfortable and easily rented. Each apartment has good sized bedrooms, which is a critical factor in renting in the city. All mechanicals have been updated. There are with full 6 HVAC systems and 2 units with just furnace systems. Every space is fully updated with newer kitchen and bath finishes. Residential tenants also enjoy shared outdoor space. There is a 7 outdoor, off-street parking parking spots and a 3-car garage for a total of 10 spots. There are 3 separate PIN's associated with this listing. This listing is part of a larger portfolio which consists of 4 buildings (8 Commercial / 16 Residential Units) and 6 vacant lots that are primarily located on the same block (2 double vacant lots are a block away). The seller group is doing principal management and are looking to retire. The other properties are available as active listings. Please contact the listing agent for more details.
This address is located in what many consider the best neighborhood to invest in right now, the Up and Coming East Little Village neighborhood. think "Logan Square South"! This listing has great rehabbed apartments over a large, historic storefront with an original tin ceiling in good condition and hard wood maple floors. the storefront will need some work in the rear. the location is about 1 block to Pink Line EL stop, in a great shopping district and 2 blocks to Douglass Park and /Marshall Blvd. Storefront can easily be divided. It also has great installed mechanical systems that will make dividing the commercial easier than similar projects elsewhere. New Roof installed in January 2024 with a 5 year labor warranty. Apartment income will allow owner to deliver goods and services to this trending community for a huge profit. Apartments rent easily rarely but are below current market due to long term occupancies so there will be additional upside for future income. Building is priced to sell and will be a money maker for years. The city has rebuilt the streets, sidewalks, curbs, water/ sewer mains in addition to planting tree boxes in the public landscaping. The building is principal managed so the expenses reported are as such. The seller has listed 3 other buildings within a block as retirement is calling. All listings on the block are walkable distance from each other and all are available for showings. Contact the listing agent for more information. The parking for this address is at 1936 s Kedzie - a double, fenced lot which is also available for purchase in connection with this building. This Kedzie lot 6250 sq ft and is zoned a B3-2 which carries a FAR of 2.2! All this means a 13,750 sq ft (Condo) building can be built there in the future. If the vacant lot is not purchased with this address, it will be available for purchase separately.
We Are Excited ton Present This Prime Commercial Property with Endless Potential In The Gresham Area. This single-level brick building, located on a prominent corner lot, offers a fantastic opportunity for investors and entrepreneurs. Formerly a restaurant, the property features an oversized kitchen area and is divided into three distinct spaces, each equipped with ample storage and restroom facilities. While the building requires a full gut rehab, its versatile layout and prime location make it ideal for a variety of business ventures, such as retail, office spaces, or a reimagined dining establishment. Don't miss this chance to transform a well-placed property into a thriving business hub!
Welcome to Bucktown! This charming 6-Unit building offers great rental income potential, featuring one unit with a lovely deck for relaxation. The property also boasts a spacious backyard with possibilities for expansion, including the potential to add more units. Don't miss out-schedule a viewing today! SHOWINGS SATURDAYS 1PM-3PM ONLY
Prime office space available for LEASE {$2,995}, along N Western Ave in the vibrant neighborhood of North Center in Chicago; approx.1 block away from intersection of W Irving Park Rd & N Western Ave; This ground floor, 2900+ sq. ft. commercial condo, offers great visibility in a high traffic location, an efficient layout, over 11 ft exposed joists ceiling, spacious conference area, ideal for teamwork collaboration, 3 large front windows, 7 built out offices, kitchenette, bathroom, full basement with easy access from the main floor, perfect for inventory/storage; extra storage space 325 sq. ft., one interior parking space, large LED SIGN can be included at additional cost; Low monthly assessment of $200 includes water, sewer & trash. B1-3 zoning allows for various commercial or retail utilization; Turnkey workspace offers a wide range of possibilities, nothing to do but move in!
This beautifully maintained and thoughtfully updated corner building in Chicago's vibrant McKinley Park neighborhood offers a rare opportunity for investment or ownership. The property comprises two leased retail spaces and six updated apartments, including an expansive duplex loft that serves as an ideal owner's unit. Sunlight fills each unit, enhancing the property's welcoming ambiance and highlighting its high-quality finishes. Situated on a spacious lot, the building includes a two-car garage with street access to Archer Avenue, presenting an opportunity for conversion to additional retail space or continued use for income-generating parking. A large driveway provides extra parking options, a valuable asset in this sought-after neighborhood. Each apartment has been meticulously updated, with the owner's unit standing out at approximately 3,000 square feet. This exclusive residence features three bathrooms, including a luxurious sauna, adding a unique touch of comfort and relaxation. This property offers a versatile income-generating layout with strong potential for retail expansion, making it a premier investment in Chicago's growing McKinley Park community.
Astor Street opportunity to create your own luxury residence! Classic limestone structure currently 8 total units on 4 floors! Lot size is 110x25.5 (Parcel = 2,805 sqft). Two(2) studio apts., Five(5) one-bedroom apts., One (1) one-bed/two-bath apt. = 6,000+ square feet, 4-story apartment building! Central outdoor garden space and 11-13 foot ceiling heights! This is an incredible project to convert back to a single family home or 2 large luxury units... an architects dream!! Stellar Gold Coast location on the best street in the city and a block from the lake, park, beach, and restaurants!
Opportunity to own a Beautiful 6-unit brick property, ideally situated just minutes from the beach, Tiger Woods golf course, and the Obama Center! This fully occupied gem boasts impressive rental income and an exceptional cap rate around 15%! Making this a prime choice for savvy investors. Each of the 1-bedroom units features hardwood floors and individually controlled furnaces, ensuring low operating expenses and maximizing your returns. The front 2 units are LARGE and could possibly be converted to a two bed. The property's basement offers a ton of additional space and potential for upgrades and extra income, providing even more value and opportunity. Don't miss your chance to invest in this prime Chicago real estate.
This versatile, single-tenant retail building is perfectly suited for various uses, including a retail store, barbershop, salon, or office space. Situated on bustling 47th Street, a thriving and vibrant retail corridor, the property benefits from high visibility and foot traffic. Located within a Federal Enterprise Zone, it offers valuable incentives such as property tax and transfer tax abatements, sales tax exemptions on building materials and machinery, and taxable income credits. Please note, the adjacent lot is not included in the sale.
Completely renovated condo quality 12 unit apartment building in the Irving Park Neighberhood. Individually controlled HVAC systems, attractive floor plans, ready to sell as condos or maintain as rentals. The basement area is partially ready for revenue generating activity. One block to busy Irving Park Road; close to Kennedy Expwy and CTA Blue Line. High demand for apartments in the area makes the units easy to rent. Residential neighborhood, close proximity to shopping and schools.
MoHall Commercial is thrilled to present 11250 S. Western Ave, a prime healthcare investment opportunity in Chicago's historic Beverly neighborhood. This fully occupied 7,631-square-foot multi-tenant medical facility, built in 1964, combines strong financial performance, unparalleled location, and long-term growth potential-making it an attractive asset for institutional investors seeking high-quality healthcare properties. Anchored by Primary Healthcare Associates, a leading and established provider in the medical industry, this property ensures stable, creditworthy tenants with long-term leases and built-in annual rent escalations. The property delivers an impressive NOI of 158,182.78 and offers a competitive 7.5 CAP rate, providing steady cash flow in one of the most resilient and in-demand real estate sectors: healthcare. Positioned on Western Avenue, a bustling commercial corridor with exceptional traffic counts, the property enjoys outstanding visibility and accessibility. The B1-1 zoning offers not only immediate revenue from its healthcare tenants but also the flexibility for future mixed-use redevelopment, including residential or retail opportunities. For savvy investors, this means built-in upside potential as the neighborhood continues to evolve and attract new development. The Beverly neighborhood is a thriving, affluent community with a robust residential base and a growing commercial presence. Located near transformative projects such as the Obama Presidential Library and benefitting from easy access to I-57, I-94, and the 111th Street Metra Station, this property is ideally situated to capitalize on the area's upward trajectory. Public transit options, walkability, and proximity to a highly engaged community further amplify its desirability. Healthcare real estate is a cornerstone of institutional investment portfolios, offering recession-resistant stability and long-term growth opportunities. 11250 S. Western Ave is strategically aligned with these objectives, delivering a turnkey income-producing asset with the added advantage of location in one of Chicago's most historic and vibrant neighborhoods. Don't miss the chance to own a high-performing property at the intersection of healthcare demand and community-driven growth. 11250 S. Western Ave isn't just a property; it's an opportunity to invest in a high-performing, income-generating asset in a well-established neighborhood. With healthcare being one of the fastest-growing investment sectors, this property offers the rare combination of current financial performance and future potential, making it a standout addition to any portfolio.
Exceptional investment opportunity in Bronzeville. Fully stabilized 6 unit building with high-end condo quality finishes. 2022 New Construction, intelligently designed all brick building, boasting an impressive 7 Cap Rate with 237,000+ gr income and NOI of 192,010. This property offers an absolute turnkey experience at the confluence of Bronzeville/Kenwood with all leases running into Spring 2025. Unit breakdown of (2) 1800 sqft three bed/two bath residences, (2) Penthouse 1950 sqft three bed/two bath residences and (2) 3000 sqft four bed/two & a half bath duplex residences. Each unit boasts private outdoor space with penthouse units getting private rooftop decks and garage roof rights for duplex units. 6 car garage (1:1) and exterior storage. The units in this luxury boutique building are distinguished by the finishes & details; hardwood floors, in unit laundry, central air/gas forced heat, video intercom, custom closets, window treatments throughout, and fireplaces with built-in shelving. Kitchens are all finished with quartz countertops & backsplash, breakfast bar overhang, stainless steel appliances, and custom cabinetry. Elevated primary suites with walk-in closets and double vanity with quartz countertops, and walk-in shower with rain shower head and bench. Both guest bedrooms have closets built out with custom organizers and guest bathroom has shower/tub combo. Duplex units include butler pantry on main level and heated floors in lower level. Happy tenants with sound barrier between floors with open cell foam, 1:1 garage parking, and exterior storage. The property is home to AAA tenants, ensuring a stabilized asset for investors seeking a secure and lucrative venture in the thriving Bronzeville real estate market.
We welcome you to come tour this storefront simplex located in Chicago's Lincoln Park community. This unit offers multiple offices as well as a large common office space & reception area. Schedule a tour today.
We welcome you to come tour this storefront duplex located in Chicago's Lincoln Park community. This duplex offers 5 large partitioned offices on the first floor as well as an upscale kitchen. The lower level offers additional office space as well as ample storage. Schedule a tour today.
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.
Great location with new contruction homes being built in surrounding area. Location has quick direct access to I 290 Expressway and public transportation. This is a mixed-use residential property. It comprises four (4) two bedroom/1 bath and 1 studio/1 bath rental apartments plus one ground level space ready for development for as an office, service or retail business. Located just south of the I-290 and steps away from the CTA Blue line subway station at Kedzie (just 1/2 block north of Harrison on Kedzie) Great public transit (CTA) to Downtown Chicago and to O'Hare airport and west to Forest Park. With transfers in Chicago's loop to connect to far north, south sides of the City along with Midway Airport and connections to Amtrak.
ASSESSOR HAS REDUCED ASSESSED VALUE BY APPROXIMATELY 32% FOR THE 2024 TAX YEAR! 6506-6508 S. Ellis Avenue is a rarely available, beautiful condo building with 6 individual condominiums being sold together as a package. Located just blocks from the prestigious University of Chicago and the construction site of the future Obama Presidential Library. All units are currently being rented out. Building underwent major renovation in approximately 2012 (Newer framing, newer copper plumbing, newer electrical in all units, individual furnaces and hot water heaters in each unit). Hardwood floors in 5 of the 6 units. There are four (4) 2 bedroom, 1 bath units (located on the second and third floors), and two (2) 4 bedroom, 3 bath units on the first floor that are condo units that UTILIZE THE FIRST FLOOR AND THE LOWER LEVEL! FLOOR PLANS AVAILABLE FROM LISTING AGENT! Each unit has in-unit laundry, a dishwasher, and one (1) parking space per unit in the rear of the building. Units also have their own furnaces and TENANTS responsible for their own heat and electric. Water is not individually metered. Gated access to the building. Fenced-in yard space in the rear. Tenants also have access to a newer balcony in the rear of each unit. Common areas also remodeled. Because this neighborhood is being sought-after, two single family homes directly across the street (6501 & 6503 S. Ellis Avenue) from this building have sold for $739,000!!! And more to come with New Construction being built all around! Much more value to add to this building by stabilizing rents to current market value! Owner is in the process of consolidating PINs. Higher Rents and Less Expenses will equal higher income!!! Email listing agent for any questions.
This building has 12 units. 10 units are 1 bedroom. 2 units are studios. 1 bedroom units rent for 850/month and the studios are 700/month. Some newer windows. Has great potential for almost 10,000 per month rental. Currently only 5 units are rented.
Attention investors! Great investment property to add to your portfolio. Commercial building located on a corner that has two store fronts that are both occupied with great tenants and businesses. Located on busy Archer Ave. with lots of traffic and business all around. 1st store front is 1400 square feet and is currently a tattoo shop and the 2nd store front is 1800 square feet and is currently Edible Arrangements. Building also comes with the largest signage on Archer Ave. There are 2 parking spaces behind the building and 12 slanted City parking spaces on side of building along with additional city parking on west side of street. Both tenants have 5-year leases and are currently in their 3rd year of lease. Tenants also have optional to renew for another 5-year lease when current leases expire. Each store front has separate utilities which tenants are responsible for. Owners are responsible for water bill, insurance and taxes. The building is for sale only not the businesses. Please do not approach or disturb the tenants.
LOCATION! LOCATION! LOCATION! HOT CLYBOURN CORRIDOR SOLID BRICK, MIXED-USE BUILDING AVAILABLE FOR THE FIRST TIME IN 40 YEARS! LONGTIME BUSINESS OWNER WANTS TO RETIRE, SO THIS IS YOUR OPPORTUNITY TO INVEST IN LOVELY LINCOLN PARK. THE CURRENT BUILDING CONSISTS OF A PRINTING BUSINESS ON THE FIRST FLOOR WHICH DUPLEXES DOWN. GREAT SPACE FOR MEDICAL, DENTAL, SPA, OR JUST ABOUT ANY RETAIL. SPACIOUS 2 BEDROOM, 1 BATHROOM UNIT ON 2ND FLOOR. THIS PROPERTY HAS TONS OF POTENTIAL. MUST SEE THE SIZE OF THE COMMERCIAL SPACE TO GET AN IDEA OF FUTURE POSSIBILITIES. TONS OF DEVELOPMENT IN THIS HOT AREA. PLEASE SEE BROKER REMARKS.
Excellent opportunity to add instant equity to this this solid brick mixed-use property in Lawndale. This property is comprised of 1 commercial storefront and 3 residential units. Property is being sold in as is condition, dimensions and information are approximate and buyer/representation responsibility to verify. Seller does not provide survey. Partially occupied. Do not disturb occupants.
The median home value in Chicago, IL is $354,900. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago, IL is $354,900. Approximately 40.54% of Chicago homes are owned, compared to 48.29% rented, while 11.17% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!
Chicago, Illinois has a population of 2,742,119. Chicago is less family-centric than the surrounding county with 27.11% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago, Illinois is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago is 35.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.