Chicago IL Commercial for Sale

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Type:
Office
Sq.Ft.:
14,000
Status:
Active
Beds:
n/a
Lot size:
0.4 Acres
Year built:
1940
Baths:
MLS#:
12156249

ADDITIONAL INFORMATION

Exceptional 14,000 sq. ft. all brick building with outstanding visibility on a 17,550 land site with great bones, high ceilings, and indoor/outdoor parking in outstanding West Loop location that makes it a great redevelopment opportunity. The building is currently used as flex office for long standing business while the other half is currently vacant and is built out with several offices, suites, reception area, and storage. Both buildings with sprinkler system, and separate electrical and gas. The zoning is C1-3 which allows for various uses including residential, office, and more. Located in the heart of the West Loop just blocks to McDonald's headquarters, Google, Madison Row, Skinner School, and the Fulton Market District, this property presents tremendous potential for condos, apartments, office, and more. Seller is willing lease back.

Type:
General Commercial
Sq.Ft.:
4,908
Status:
Active
Beds:
n/a
Year built:
1901
Baths:
MLS#:
12130463

ADDITIONAL INFORMATION

Welcome to 1435 W Lexington St, an oversized 6 unit all brick building in the heart of Little Italy! RARELY available, this meticulously maintained building has undergone significant updates including complete tuckpointing, updated plumbing / electrical, new windows with aluminum wrap on the front, newer central heating systems / furnaces, updated kitchens and bathrooms, re-faced chimneys, caulked / seal-coated roof, and paint throughout just to highlight a short list! The common areas are in impeccable condition, with the patio and balconies recently brushed down to the base concrete / wood and repainted. Each updated unit exudes charm, featuring hardwood floors, abundant natural light from numerous windows, soaring 9-foot ceilings, crown molding, spacious kitchens, AC units, ceiling fans, and storage. Rear residents can enjoy their own balconies with sitting area and the whole building has the convenience of an on-site full laundry room, with ample street parking available, and the potential for the future owner to build out a rooftop deck with downtown skyline views. Situated on a picturesque, tree-lined street with dollar homes, this prime location is within walking distance Taylor St, Rush Medical, UIC, an array of restaurants / bars that Little Italy offers, and the beautiful Arrigo Park. Just moments away from the Blue / Pink Lines, CTA Bus, 290, 90/94, The Loop, and everything else the city offers! Don't miss out on this incredible investment opportunity that offers a great return, it will not last! Make it yours today!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1889
Baths:
MLS#:
12116964

ADDITIONAL INFORMATION

919-927 S Loomis, 15-unit Trophy Asset located in one of Chicago's most historic neighborhoods, Little Italy. True 7% CAP / 10.20 GRM value-add opportunity with below average rents for 10 residential units comprised of (8) 2 bed/1 bath and (2) 3 bed/1 bath. Coin laundry in basement. Additionally, 5 ground level retail with high 12 ft ceilings, central a/c, duplex down storage rooms and bathrooms. Roof tear off, new sewers, and new deck over the past decade. Short walk to the Pink and Blue Line trains and many boutiques, restaurants and nightlife on Taylor Street. The location is attractive to tenants because of the close proximity to Chicago's trendiest areas, walking distance to UIC with over 30,000 students enrolled, Illinois Medical District and Pilsen neighborhoods. This building represents a unique opportunity to acquire solid real estate in a prime location with a good unit mix in an area that has constant rental demand and very few transactions. Offering Memorandum and Floor Plans under "Additional Documents" and check out the exclusive Drone video. Successful 2024 Tax Appeal from 256,900 proposed assessed value to revised 228,300 ($18,000 savings).

Type:
Other
Sq.Ft.:
600
Status:
Active
Beds:
n/a
Year built:
2005
Baths:
MLS#:
12111296

ADDITIONAL INFORMATION

SBA POSSIBLE OPPURTUNITY! PRIME RETAIL SPACE IN THE HEART OF WEST LOOP! APPRX 600 SF OF BOUTIQUE SPACE ON GROUND LEVEL WITH GREAT EXPOSURE. CALL TODAY!

Type:
Office
Sq.Ft.:
20,400
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
12108024

ADDITIONAL INFORMATION

Type:
Other
Sq.Ft.:
3,531
Status:
Active
Beds:
n/a
Year built:
1889
Baths:
MLS#:
12100233

ADDITIONAL INFORMATION

FULLY-FIXTURED RESTAURANT LOCATED IN THE HEART OF LITTLE ITALY! Excellent visibility two-story building on busy Taylor Street!! All furniture, fixtures & equipment are included with the sale. Little Italy is a prominent dining destination with many restaurants in the area operating for multiple generations. Highly walkable area with high foot traffic. Steps to Illinois Medical District (the largest urban medical district in the country with 4 hospitals, 9,000 employees and 50,000 daily visitors) and walking distance to UIC (over 30,000 students and the largest university in the Chicago Metro area). Conveniently located to CTA Pink-Line Polk Station (9 minute walk) and I-90/94.

Type:
Condo
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
12092835

ADDITIONAL INFORMATION

4130 square feet in Union Park Lofts. Located in the desirable West Loop location, this space boasts 3 private offices, 2 conference rooms, a kitchen, 2 bathrooms and plenty of storage space. This Live/Work space can easily be reimagined to fit your needs.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2009
Baths:
MLS#:
12069099

ADDITIONAL INFORMATION

A unique opportunity in the vibrant Fulton Market - Introducing a three-story, live/work corner edifice nestled amidst the district's dynamic growth, opposite the famed 1K Fulton (Google's Chicago home). This exclusive offering is one of just six buildings on the block that benefits from a secluded alley. Imagine the convenience of a two-level penthouse dwelling above your own commercial space. The first floor boasts an expansive 14-foot high ceiling, a full bathroom, a kitchenette, and generously sized windows drawing in the north and west light, ideal for businesses seeking to capitalize on the area's burgeoning pedestrian presence. Ascend to the private residence above, where the second and third floors unfold like a stand-alone home, complete with a spacious loft boasting western vistas, four well-appointed bedrooms, ample walk-in closets, 2.5 bathrooms, and lofty 10-foot ceilings. Luxurious touches include gleaming hardwood floors, a suite of security cameras, and the convenience of an elevator. Outdoors, two expansive decks present the perfect setting to revel in Chicago's summer ambiance. This property comes complete with several parking spaces, offering ample accommodation for both staff and visitors. All this with the added benefit of no HOA fees. Be sure to explore the 3D tour for a closer look at what could be your new business and home in Chicago's most sought-after neighborhood.

Type:
Other
Sq.Ft.:
7,540
Status:
Active
Beds:
n/a
Year built:
2019
Baths:
MLS#:
12053387

ADDITIONAL INFORMATION

Turnkey new construction investment centrally located on the Taylor Street corridor between Illinois Medical District to the West and University of Illinois Chicago to the East. 2019 construction with a desirable unit-mix, modern in-unit amenities and luxury finishes including in-unit laundry, granite countertops, individual HVAC, private balconies, etc. The first floor is leased to a national tenant - Insomnia Cookies - on a new 10-year net lease providing stable, long-term cash flow with annual increases. Value-add potential with increases in rent to reflect recent rental comps in the area, finishing out the rooftop deck and monetizing the basement storage area. All three apartments are large 4BR/2BA units. Low expense ratio with Insomnia responsible for 50% of the property taxes and building insurance. Excellent area tenant base to draw from with UIC (34,000 undergrad and post graduate students - largest university in the Chicago Metro Area) and Illinois Medical District (29,000 employees, 50,000 daily visitors and $3.4 billion in economic opportunity - the largest medical district in North America).

Type:
Other
Sq.Ft.:
4,800
Status:
Active
Beds:
n/a
Year built:
1901
Baths:
MLS#:
12052999

ADDITIONAL INFORMATION

Excellent opportunity to lease a former restaurant space in the highly desirable Taylor St area. High foot traffic neighborhood. Close proximity to I94 expressway and minutes to downtown. All existing trade fixtures will stay. Black iron in place. Basement storage is included. Private parking in the rear. This property is also available for sale and the 2nd and 3rd floors having student tenants with excellent cash flow.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2008
Baths:
MLS#:
12050941

ADDITIONAL INFORMATION

Available for sale is a 1,583 square foot retail/office unit in a 4-story condominium building in the West Loop. Located on a traffic-lit highly visible corner, this space was formerly a banking institution space. The building is very well-located amongst a multitude of restaurants, shopping and entertainment in the area and has easy access to public and vehicular transportation. Great opportunity for an investor. Situated in the West Loop, this property is nestled in the Jackson Boulevard District is a historic and vibrant neighborhood which is in close proximity to downtown Chicago and provides easy access to world-class dining, entertainment and boutiques and business hubs.

Type:
Office
Sq.Ft.:
28,986
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1935
Baths:
MLS#:
11967953

ADDITIONAL INFORMATION

Introducing 22 N Morgan Street - a 1,738 sqft commercial condo unit in Chicago's vibrant West Loop. This prime space features an approved direct storefront door for convenient street access. Ideal for various uses, the design fits retail, cafe, or office purposes. Join the dynamic West Loop community and make this versatile space the home of your business aspirations. Act now and seize this prime opportunity!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
11965446

ADDITIONAL INFORMATION

ATTENTION INVESTORS !! PRIME LOCATION.UNIVERSITY OF ILLINOIS/TAYLOR STREET First time on Market, this building has 5 apartments and 1 retail space, all fully leased. This building has a Zero Vacancy rate. Well Kept building has four 2 bedroom apts. and One 3 bedroom apartments.3of the 5 apts. have washer dryer IN unit. Basement has a coin operated washer /dryer. Retail has a long term Anchor-- Thai restaurant tenant, and is currently leased. All tenants pay own Gas & Electric. Because of the Convenient proximity to the University of Illinois, apartments rent out immediately. Walking distance to public public transportation, Bus, Trains. 5 minutes to Major Expressways: Stevenson I-55, I-90/94,DuSable Lake Shore Drive, and I-290 Eisenhower. Short drive to Chicago Lake Front, Museums, Downtown Theater District. This is a GREAT INVESTMENT. Great Location.

Type:
Business Opportunities
Sq.Ft.:
27,274
Status:
Active
Beds:
n/a
Year built:
1951
Baths:
MLS#:
11946426

ADDITIONAL INFORMATION

A two-story 27,274 square foot commercial building in the Fulton Market neighborhood is available for sale. Situated in one of Chicago's most exciting retail/residential hospitality area, this property is on 29,295 square feet of land with an estimated buildable area of a bonus 240,000 square feet. The property benefits from a diverse array of amenities, including residential spaces, retail establishments, office complexes, hospitality services, and entertainment options. Convenient access to major transportation arteries, such as I-90, I-290, and the CTA Pink and Green Lines, with a Blue Line Station conveniently situated at the corner. Notably, the building qualifies for affordable housing tax credits, presenting a valuable opportunity for investors with a socially responsible focus. Additionally, the current DR-5 zoning status opens the door for potential conversion to DX-5, further enhancing the property's versatility and investment potential.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Chicago Real Estate

The median home value in Chicago, IL is $223,000. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Chicago, IL is $223,000. Approximately 38.87% of Chicago homes are owned, compared to 48.34% rented, while 12.79% 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 60607 has a population of 2,722,586. Chicago 60607 is less family-centric than the surrounding county with 25.68% of the households containing married families with children. The county average for households married with children is 30.49%.

The median household income in Chicago, Illinois 60607 is $52,497. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Chicago 60607 is 34.1 years.

Chicago Weather

The average high temperature in July is 84.3 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 38.2 inches per year, with 37.1 inches of snow per year.

Chicago Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    208
    30-day change

Chicago Schools and Demographics

Education near Chicago, IL

Metric City County
High School Graduates 83.8 86.19
College Degree - 2 year 5.71 6.53
College Degree - 4 year 37.47 37.19
Graduate Degree 10.55 10.61
Expenditures per Student 14,559 15,837
Students per Teacher 17 19.3

Elementary Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Armstrong G Elementary International Studies PK - 08 1,437 18.1 60645
Chopin Elementary School PK - 08 536 15 60622
DE Diego Elementary Community Academy PK - 08 767 16.9 60622
Disney Elementary Magnet School PK - 08 1,650 19.5 60613
Eberhart Elementary School PK - 08 1,545 19.7 60629
Edwards Elementary School PK - 08 1,434 18.7 60632
Galileo Elementary Math & Sci Schol ACD KG - 08 558 18.2 60607
Hanson Park Elementary School PK - 08 1,491 16.9 60639
Jackson A Elementary Language Academy KG - 08 566 17.5 60607
Lasalle II Lang Acad Elementary School PK - 08 594 16 60622
Locke A Elementary Charter Academy PK - 08 579 21.2 60612
Ogden Elementary School PK - 05 856 60610
Peck Elementary School PK - 08 1,633 19.6 60629
Pritzker Elementary School PK - 08 719 18.5 60622
Sabin Elementary Magnet School KG - 08 601 16.6 60622
Sawyer Elementary School KG - 08 1,800 21.9 60632
Skinner Elementary School PK - 08 963 20 60607
South Loop Elementary School PK - 08 904 21.2 60605
Stem Magnet Academy Elementary KG - 06 392 15.7 60607
Talcott Elementary School PK - 08 540 16.2 60622

Middle Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Albany Park Multicultural Elementary School 07 - 08 269 19.2 60625
Castellanos Elementary School 04 - 08 574 18.9 60623
Chicago Talent Development High School 09 - 12 276 25 60612
Evergreen Academy Elementary School 06 - 08 365 15.4 60609
Field Elementary School 04 - 08 342 15.8 60626
Frazier Prep Acad Elementary School PK - 08 439 60624
Hernandez Middle School 06 - 08 942 19.5 60632
KIPP Create Charter School 05 - 07 234 16.7 60644
Madero Middle School 06 - 08 323 17.9 60623
Northwest Middle School 06 - 08 566 16.5 60639
School of Leadership High School 11 - 12 395 13.2 60649
Shields Middle School 05 - 08 706 18.4 60632

High Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Curie Metropolitan High School 09 - 12 3,040 17 60632
Jones College Prep High School 09 - 12 1,427 19.1 60605
Kelly High School 09 - 12 2,152 15.1 60632
Kenwood Academy High School 07 - 12 1,749 17.3 60615
Lane Technical High School 07 - 12 4,057 19.4 60618
Lincoln Park High School 09 - 12 2,261 18.1 60614
Payton College Preparatory High School 09 - 12 899 17 60610
Perspectives Charter High School 06 - 12 2,007 15.8 60616
Schurz High School 09 - 12 2,283 16 60641
Taft High School 07 - 12 3,185 17.5 60631
Young Magnet High School 07 - 12 2,205 19.1 60607
Youth Connections Charter High School 10 - 12 3,906 18.9 60616

Ungraded Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
* Jefferson Alternative High School 07 - 12 273 3.6 60612
* York Alternative High School 09 - 12 254 2.7 60608
Amandla Charter School 05 - 11 325 12.5 60621
Aspira Charter Schools 06 - 12 1,165 15.5 60647
Brunson Math & Sci Specialty Elementary PK - 08 614 20.9 60651
Camelot Safe Academy - Garfield Park 06 - 12 0 60624
Catalyst Charter - Maria ES KG - 12 955 36.7 60629
Chalmers Elementary Specialty School PK - 08 358 14.7 60608
Chicago International Charter School KG - 12 8,347 16.7 60603
Chicago Math & Sci Elementary Charter 06 - 12 606 14.2 60626
Chicago Virtual Charter School KG - 12 675 21.4 60607
Disney II Magnet HS 07 - 10 490 9.4 60618
Excel Academy - Southwest HS 10 - 10 2 60620
Excel Academy - Woodlawn HS 09 - 09 3 0.3 60637
Goode Stem Academy HS 09 - 11 643 16.6 60652
Intrinsic Charter High School 07 - 10 448 20.9 60602
Learn Charter Schools PK - 12 3,031 19.8 60624
Legal Prep Academy High School 09 - 11 249 14.6 60612
Montefiore Special Elementary School 05 - 08 24 2.8 60608
Noble Street Charter Schools 06 - 12 10,195 16.8 60602
Piccolo Elementary Specialty School PK - 08 523 19.8 60651
Reavis Elementary Math & Science Special School PK - 08 242 14.1 60615
Ryder Elementary Math & Science Special School PK - 08 375 14.4 60620
Shabazz International Charter Schls KG - 12 706 20.8 60619
Swift Elementary Specialty School PK - 08 703 16.8 60660
Univ of Chicago Charter Schools PK - 12 1,913 17.5 60637
Uno Academy Charter Schools KG - 12 7,923 19.6 60607

Demographics near Chicago, IL 60607

Metric Zip Code City
Neighborhood Type City Neighborhood
Population 2,722,586 5,238,541
Population Density 11,974 5,544
Median Age 34.1 36.4
People per Household 2.5 2.6
Median Household Income 52,497 59,426
Average Income per Capita 32,560 33,722