Chicago IL Commercial for Sale

ADDITIONAL INFORMATION

919-927 S Loomis St, 15-unit Trophy Asset located in one of Chicago's most historic neighborhoods, Little Italy. 9.94 GRM / 7.12 CAP. 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).

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 MILLION 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!

ADDITIONAL INFORMATION

1041 W Madison offers a rare chance to acquire a prime building in one of Chicago's most desirable neighborhoods. The property features (1) Retail space at 950SF and (3) 3 Bedroom 2 Bathroom units at 1,700SF, all beautifully renovated with modern appliances and in-unit laundry. The mechanical systems are in excellent condition and the property includes two indoor parking spots and four outdoor spaces. Rents can be pushed for the residential units. Lastly, property taxes are under pending appeal and projected to be reduced significantly..

ADDITIONAL INFORMATION

The Union Park Lofts in Chicago's West Loop neighborhood offer an exceptionally rare office loft condominium opportunity. Enhanced with exposed brick walls and 15-foot ceilings this concrete loft spans approximately 5,300 square feet. Built in 1910, the building was converted into condominiums in 2000, preserving its historic charm while accommodating modern lifestyles. The office features two reception areas, two conference rooms, a kitchen, nine offices and a center workspace. The large windows throughout the space allow ample natural sunlight to illuminate the interior, creating a bright and welcoming atmosphere. Union Park Lofts offers a common rooftop terrace for staff to enjoy, and is equipped with barbecue grills and patio furniture, providing a perfect setting for relaxation and outdoor gatherings. Union Park Lofts benefits from being part of the vibrant and rapidly growing West Loop and Fulton Market neighborhoods and is walking distance to Restaurant Row on Randolph St and the Fulton Market District. It is also within proximity to Rush Hospital, University of Illinois, United Center, shopping, three city parks with easy access to convenient transportation options. Office furniture is available for sale. Four (4) parking spaces are included in the list price. Contact listing agents for valuation. The combination of the property's location, amenities, and the dynamic West Loop neighborhood make this an exceptional opportunity for those seeking a unique Chicago office environment.

ADDITIONAL INFORMATION

829 sq. ft. of ground floor retail/office space in 20 unit condo building only steps away from the intersection of Monroe and Racine. Currently used as salon with high ceilings, concrete floors, and separate utilities. Great light and street exposure with tremendous vehicular and pedestrian traffic just steps to Madison Row, Skinner Park, Skinner School, Mary Bartelme Park, Chicago Children's Theatre, public transportation, expressways, Greentown, and the Fulton Market District.

ADDITIONAL INFORMATION

The property is comprised of one 1 bed, two 2 beds, two 3 beds, and one 4 bed layout. Each unit features hardwood floors, stainless steel or white kitchen appliances, laminate countertops, central HVAC, in-unit laundry, and the rear units have access to outdoor decks. One unit was recently renovated and includes elevated finishes in the kitchen. An opportunity exists for an investor to increase rents significantly with cosmetic updates to the kitchens and baths in the remaining five apartments. The large laundry room in the rear units may also present an opportunity to make a second full bathroom.

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, retail tenant has been here 17 years. 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 is a long term Anchor--restaurant tenant is The Golden Thai, they do an amazing business, been ther 17 years++ 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 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.

ADDITIONAL INFORMATION

West Loop Development Opportunity. The three-story brick building includes approximately 16,905 Gross Square Feet above grade, two garage parking spaces, and two outdoor parking spaces. Located one block from Skinner Park, Montessori School, Target and more in Chicago's most in-demand neighborhood. The neighborhood boasts high-profile headquarters including Google, McDonald's, WPP, Tik Tok, Ernst & Young, John Deere, Aspen Dental, Kimberly-Clark, Tock, CCC, MoLo Solutions, Chan-Zuckerberg Biohub and more. Located within T.O.D. boundaries and within the City of Chicago's Near West Downtown Expansion Area. Excellent public transportation access including Racine Blue Line CTA Station, Metra/Amtrak Stations (Union Station), and I-90/94 Expressway Access.

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.

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!

ADDITIONAL INFORMATION

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.

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.

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.

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).

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.

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!