Chicago IL Commercial for Sale

ADDITIONAL INFORMATION

Attention Investors: Solid and attractive 8 unit building directly across iconic, beautiful Douglass Park. Located 2 blocks from Pink Line stop on California, 1 block east of Cinespace Film Studios and 1 block south of Mt. Sinai Hospital. Completely renovated building boasting new quartz countertops, ceramic tile throughout, stainless steel appliances, new floors in unit laundry, new steel porches, newer roof and much much more! Amazing new luxury construction just two doors north at 1635 S California. Underpriced at only $170,000 per unit. Lots of upside in rents and appreciation potential.

ADDITIONAL INFORMATION

**Exciting Investment Opportunity in Pilsen Historic District!** Discover a rare gem in the heart of Pilsen, named one of the coolest neighborhoods in Chicago! This mixed-use building presents an exceptional opportunity for savvy investors looking to capitalize on appreciation potential in a vibrant community known for its rich culture, art, and culinary scene. Long term owners & hitting the market after many years!! Property Overview: Residential Units:*3 units* 2 Rear units featuring 2 bedrooms and 1 bath each, plus a spacious duplexed unit above the commercial space boasting 4 bedrooms and 2 baths. With some renovations, these units can easily be transformed into desirable rentals, increasing their value and aligning with the market's rising demand. **Business Unit:** This versatile commercial space offers the perfect opportunity for entrepreneurs or established businesses to thrive in a bustling neighborhood. Zoned B3-2 (Community Shopping District) allowing for many possibilities. Within reach are businesses such as Bobs Pizza & La Providencia Grocery **Investment Highlights:** Located in a highly desirable area, known for its artistic vibe and community engagement, ensuring consistent tenant interest. - The building requires some work, allowing you to add your personal touch and enhance its value further. Whether you are looking to expand your real estate portfolio or seeking a project that promises significant returns, this property in Pilsen is a must-see. Embrace the opportunity to invest in a neighborhood that continues to attract attention and growth! Act fast-properties like this don't offen come to market! Contact us today for more information or to schedule a viewing.

ADDITIONAL INFORMATION

Welcome to this vibrant mixed-use property nestled in the heart of Pilsen! Ideal for investors or owner-occupiers seeking a prime location with endless potential. The two three-bedroom apartments boast spacious living (2 living rooms per apartment) and dining areas, perfect for comfortable urban living. Meanwhile, the storefront's 1000 sq ft open layout, complete with new windows, lighting, and flooring, presents an enticing opportunity for entrepreneurs. With a recently remodeled bath and potential for more office space in the partial basement, this property offers versatility and charm. The exterior features a fenced in backyard, each apartment with a porch/deck and a 2 car garage. Don't miss out on ample street parking, making accessibility a breeze. Explore the endless possibilities of this thriving Pilsen gem today!

ADDITIONAL INFORMATION

HOT EAST PILSEN FIRST TIME OFFERED LOCATED ON BUSY 18TH STREET, NEAR A MULTITUDE OF HOT RETAIL AND FOOD LOCATIONS INCLUDING BUT NOT LIMITED TO CARNITAS DON PEDRO, PILSEN YARDS AND HOT SHOPPING STORES LIKE ANNA BROWN AND KNEE DEEP VINTAGE. 2 STORY MIXED USE PROPERTY ON 18TH STREET. A GREAT LOCATION FOR A NEW DEVELOPMENT OR ALSO IDEAL TO LEAVE AS IS AND COLLECT RENT.

ADDITIONAL INFORMATION

Introducing a prime investment opportunity at 2320 W 21st Street! This charming brick building features six well-appointed units, along with a spacious garden unit. Each unit offers two bedrooms and one bathroom, equipped with modern amenities. The property also boasts a secure, gated parking area with space for two cars. Ideally situated next to the Western train and bus stops, this location provides easy access to public transportation. Just a short stroll away, you'll find restaurants, parks, schools, and grocery stores, making it an attractive option for potential renters.

ADDITIONAL INFORMATION

Solid, all-brick mixed-use property located on the busy Archer Ave. Property features a 1,700 sq ft storefront/commercial space on the 1st floor with a partially-finished basement (with the potential to add another 1,700 sq ft in the commercial space), 3 bathrooms, and is currently leased to a neighborhood private social club. 2nd floor and 3rd floor offer 2 oversized residential units, with 1,700 sq ft in each unit. Each unit features 3 generously-sized bedrooms (1 extra-long bedroom can easily be converted into 2 separate ones and make it a 4 bedroom unit), a huge bathroom, a spacious living room, a dining room, a kitchen, hardwood floors, and large laundry room with full-sized washer/dryer. Plenty of natural light. High ceilings. Central heat/air. Brick 2 car garage. Fully-rented building with great cash flow of $5,607/month. Brand-new completely tear-off roof and parapet wall from 2021. Corner property - great traffic and high visibility from highway and Archer Ave, for possible extra income from wall advertisement or self-use owner to market your own business. A variety of businesses in proximity: car wash, after-school/daycare centers, restaurants, Mariano's, Ace Hardware, Domino's Pizza, Burger King, Blink Fitness, and more. Great location: #62 bus stop next to building, Orange Line station within 2 minutes. Easy access to major expressways (I-55, 90/94, 290, Lake Shore Drive). Minutes to downtown, Chinatown, lake, Sox Park, IIT, & UIC. Zoned C1-2!

ADDITIONAL INFORMATION

This 2-story brick building offers a prime opportunity for investors and developers with its 15 units consisting of 13 apartments and 2 storefronts. Located in Pilsen, a neighborhood known for its cultural vibrant and ongoing development, this mixed-use building presents a strong potential for both residential and commercial rental income. Given the increasing demand for properties in the area of Pilsen area, this building could attract both residential tenants and businesses looking for a presence in a lively neighborhood. Close to major expressways I55, I90 and I94, just a few minutes to downtown Chicago.

ADDITIONAL INFORMATION

Don't miss out on this unique investment opportunity in a rapidly appreciating neighborhood, Solid brick Building with Six spacious 2-bedroom apartments and Two car frame garage, separate utilities for each unit. There is significant potential to increase rental income, just blocks away from renowned restaurants, bars, grocery stores, and the California Pink Line L stop and ONLY 15 MINUTES AWAY FROM DOWNTOWN CHICAGO. Convenient access to highways. This property is fully rented and in need of some repairs- "SOLD ON AS IS CONDITION"

ADDITIONAL INFORMATION

OFFERS DUES THURSDAY Sept 9th! Court Ordered Receivership Sale: Six large beautifully finished condo quality units in Pilsen near UIC / Rush Medical district. The units feature contemporary finishes, custom cabinetry, SS Appliances, quartz countertops, Balconies, Washer/dryer, etc. This property is being sold in conjunction with 1338 W. Cullerton St. (Listing ID 12144386). The properties can be purchased individually or as a package.

ADDITIONAL INFORMATION

Great property with cash flow! **GOOD CAP RATE ** You have a large storefront, an active AIRBNB unit and an apartment upstairs all in one! Located in a High traffic area. Good income producing mixed use property in Bridgeport. Owner has taken good care of the building. You can do a lot here! The open space on the ground level can be used as office space, Real Estate office, medical office, dental, pop up business, etc. Features a nice size conference room, private office, full kitchen & full bathroom. The 2nd floor is a legal 2 bedroom/1 bathroom apartment, rented by long term tenant. The garden unit is an AIR BNB apartment that is a consistent money maker. Great income and room to grow. There are 3 parking spots in the rear. Great location. Great building. Well maintained. Located near the highway & public transportation. New construction in the works all around. Seller is highly motivated!

ADDITIONAL INFORMATION

OFFERS DUES THURSDAY Sept 9th! Court Ordered Receivership Sale: Six large beautifully finished condo quality units in Pilsen near UIC / Rush Medical district. The units feature contemporary finishes, custom cabinetry, SS Appliances, quartz countertops, Balconies, Washer/dryer, etc. This property is being sold in conjunction with 1752 W 18th Pl (Listing ID 12152035). The properties can be purchased individually or as a package.

ADDITIONAL INFORMATION

Greystone brick 5 unit building in Pilsen. Hardwood floors and high ceilings in all units. Separate electric meters/gas meters and heating systems for all units. First floor unit is double the size of the other four units and has the potential to be duplexed down. Fully occupied, below market rents due to long term tenants. Laundry room in basement. Large attic. Some work needed/sold as-is.

ADDITIONAL INFORMATION

COMPLETELY RENOVATED SOLID BRICK 9 UNIT APARTMENT BUILDING & 2 COMMERCIAL SPACES, IN THE HEART OF THE BRIDGEPORT NEIGHBORHOOD. INCREDIBLE INVESTMENT OPPORTUNITY. NO WORK NEEDED - BUY AND COLLECT CASH FLOW RIGHT AWAY. TURN KEY INVESTMENT. BUILDING HAS AN ELEVATOR - 6 UNITS HAVE 2 BEDROOMS 2 BATHS - 3 UNITS HAVE 1 BEDROOM 1.5 BATHS - SOME UNITS HAVE BALCONIES - UPS & U.S. POSTAL UNIFORMS OCCUPY THE COMMERCIAL SPACES - WASHER & DRYER IN UNITS - 9 INDOOR PARKING SPACES, SEPARATE GAS & ELECTRIC. WALK TO US CELLULAR FIELD, RED LINE, HALSTED STREET BUS AND CLOSE TO THE ORANGE LINE. . PLEASE CHECK BROKER NOTES FOR ASSUMABLE MORTGAGE

ADDITIONAL INFORMATION

ALL 5 UNITS RENTED, GREAT FOR INVESTORS!! LONG-TERM TENANTS, BEING SOLD "AS IS" BUYER RESPONSIBLE FOR ANY CITY VIOLATIONS IF ANY, BRING YOUR INVESTOR AND START MAKING MONEY!! ON THIS BUILDING.

ADDITIONAL INFORMATION

ATTENTION INVESTORS!!!! TAKE A LOOOK ON THIS EXCELLENT LOCATION. ASHLAND & ARCHER. FAST FOOD RESTAURANT FOR OVER 25YR ESTABLISHED. OWNER SAYS IT IS TIME FOR RETIRED. WELL ESTABLISHED WITH LOYAL CUSTOMERS. LEASE GOOD FOR 2 MORE YEARS PLUS OPTION TO 5 MORE. ALL EQUIPMENT INCLUDED. EASY TO SHOW, PLEASE DON'T SEND YOUR CLIENTS WITHOUT APPOINTMENT BUYER AGENT MUST BE PRESENT. CALL BEFORE IS GONE!!!

ADDITIONAL INFORMATION

Welcome investors!!!! Looking to diversify your portfolio, check out this fantastic opportunity! Mixed-use property fully occupied, located in Pilsen area. It is a unique and nostalgic investment property located on the busy, high traffic intersection of Cermak and Washtenaw. Providing both residential and commercial spaces. This building offers 2 apartments and a fully operating/ rented restaurant space. Each apartment offers an identical, spacious layout, 3 bedrooms, 1 bathroom, kitchen area, dining area and living room. All hardwood flooring throughout, recently painted too. There are 4 parking spots available in rear of building. Backyard is an additional fenced, concrete space shared for tenants. The Restuarant is currently on a renewed 5-year lease, (ALL Fixtures and Equipment will NOT be transferable to new owner in Lieu of Sale. They are to remain with the Restuarant.) This Property is being sold as is. The property offers additional income as the apartments are currently family occupied. Rents in the area average from similar properties average 1850+ for each apartment. Please read showing instructions.

ADDITIONAL INFORMATION

Purchase the building as-is, conduct necessary repairs and renovations, and then rent out all units for steady rental income. With its vintage look and prominent location visible from I-55, it could attract tenants looking for a mix of charm and convenience. Retain the flower shop on the ground level and convert the upper floors (4 units over the shop) into modern, upscale apartments and a full unfinished basement. The building needs TLC and a new roof.

ADDITIONAL INFORMATION

Introducing a beautifully renovated 7-Unit East Pilsen Multifamily, located at 2007 S Allport Street in Chicago's dynamic Pilsen neighborhood. This modern, 8,500 SF property includes a beautifully renovated sprinklered brick building with 6 units and a 7th unit in the large duplexed coach house and a large 950 SF +/- ground level space used for storage but can easily be converted into an additional unit. The 2019 gut renovation with modern finishes and sprinkler system add to the allure of this investment opportunity that features 2 full floor units. The property holds an attractive cap rate with full occupancy and room to increase rents. Ideal for Airbnb with close proximity to Thalia Hall, 18th Street Retail Corridor and public transportation options, this property maximizes income potential. Immerse yourself in Pilsen's cultural vibrancy, artsy ambiance, and diverse entertainment scene with this prime multifamily asset in the heart of Chicago.

ADDITIONAL INFORMATION

Introducing a prime investment opportunity at 1441 W Cullerton Street, Chicago. This 5,148 SF, 6-unit property, recently renovated in 2020 and featuring modern finishes, is the perfect addition to any multifamily/low-rise/garden investor's portfolio. With in-unit laundry and parking in the rear for additional income, this property offers a hassle-free and lucrative investment. Zoned RT-4 and boasting 100% occupancy, it presents a solid income stream. Located in the sought-after Chicago area, this property is a compelling investment in a thriving market.

ADDITIONAL INFORMATION

Rare Pre-Construction purchase opportunity in hot Pilsen! This mixed-use masonry building boasts a prime location just one block south of University Village. With 1 storefront, 3 spacious apartments, a 3-car garage, and outdoor parking, it's a versatile investment or use like rental/ owner occupied purposes. Key Features, 1) Location: Situated in the vibrant Pilsen area, surrounded by restaurants, bakeries, banks, and convenient bus stops. 2) Architectural Plan: Available upon request, showcasing thoughtful design and functionality. 3) Soundproofing: Upgraded with four advanced techniques for walls and ceilings, ensuring peace and privacy. 4) Delivery Timeframe: Within 18 months from signing the purchase contract. Don't miss out on this exceptional opportunity! Act now while it's still available.

ADDITIONAL INFORMATION

Introducing an exceptional investment opportunity in the vibrant neighborhood of Pilsen! This brand new, gut-rehabbed multifamily building boasts 15 stylish units, offering the perfect blend of modern luxury and urban convenience. With a 7.51% capitalization rate, this property presents an irresistible chance for savvy investors to maximize their returns in a rapidly growing market. Located in the heart of Pilsen, one of the hottest areas in town, this multifamily building benefits from an incredibly desirable location. Pilsen is renowned for its vibrant arts scene, trendy boutiques, popular restaurants, and lively entertainment options, making it a sought-after destination for residents and visitors alike. In addition to its superb location, this multifamily building has been meticulously renovated from top to bottom, ensuring low maintenance and minimal vacancy rates.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039763. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the westernmost of 3 properties at the SW corner of Ashland and Archer Aves and the address is 3117 S. Archer Ave. This is a one story structure with driveway access on Ashland Ave and vehicle egress through an overhead door onto Archer Ave. The long time tenant here is a Car Wash named Georgie Boy's Hand Car Wash. 3117 S. Archer Ave is being offered individually for sale for $200,000. This property is also not being offered for lease. This property is being sold "as-is, where-is".

ADDITIONAL INFORMATION

3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039782. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the middle building of 3 located on the SW corner of Ashland and Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease. This property is being sold "as-is, where-is".

ADDITIONAL INFORMATION

Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039763 and #12039782. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. The 1st of the 3 parcels, which is located at 3111 S. Archer, is a one story retail location with a finished basement. The first floor is all open space and the basement area has the same footprint, but includes 2 private rooms with sinks, and a 2 separate bathrooms. The billboard on the roof of this bldg is owned by Clear Channel and they have a easement in perpetuity and own the air rights. In a deal inked many years ago, the owner of this property derives no rental income from that billboard or from any lease payments for the easement. This property is being sold "as-is, where-is" and is offered for sale individually for $150,000. This space - and only this space - is also being offered for lease at $1800/mo on a gross basis.