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.
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!
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).
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!
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.
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.
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.
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).
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.
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.
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!
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.
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.
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.
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.