Chicago IL Commercial for Sale

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Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1921
Baths:
MLS#:
12213405

ADDITIONAL INFORMATION

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.

Type:
Condo
Sq.Ft.:
400
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
12212951

ADDITIONAL INFORMATION

Looking for a prime location for your offices, or service/retail business? You won't find a better location than this, right on the border of Lincoln Park and Old Town, just steps from the park, Second City, and the Old Town Art Fair. Unit is at street level, with private entrance right off Wells. Space features extremely high ceilings, a private in-unit bathroom, and plenty of space! It currently serves as a real estate brokerage office with 3 work stations, a lounge and conference table. Has also served as an office for wedding planners, accountants, attorneys, dry cleaners, artists, and more! Assessment or rent includes heat.

Type:
Other
Sq.Ft.:
3,600
Status:
Active
Beds:
n/a
Year built:
1890
Baths:
MLS#:
12211987

ADDITIONAL INFORMATION

Prime Investment Opportunity in the Heart of Lincoln Park! This exceptional mixed-use property offers incredible potential for investors or business owners. The first floor features a fully customized commercial space currently outfitted for a tire business, boasting brand-new flooring, modern lighting and fixtures, fresh paint, central AC/heat, and a large detached commercial garage with easy alley access. The second floor is a beautifully updated 2-bedroom, 2-bathroom residential unit with stylish flooring, stainless steel appliances, in-unit laundry, and a private balcony. The entire building is secured by a state-of-the-art security system for added peace of mind. Located in one of Chicago's most desirable neighborhoods, this property is just steps from DePaul University, major bus lines, and the Kennedy Expressway. It's also minutes from Wrightwood Park, Whole Foods, Mariano's, CTA and Metra transit options, and more. Whether you're looking for a turn-key operation or a prime real estate investment, this property has it all. Don't miss your chance to own a piece of Chicago history in an unbeatable location!

Type:
Other
Sq.Ft.:
4,235
Status:
Active
Beds:
n/a
Year built:
1898
Baths:
MLS#:
12211324

ADDITIONAL INFORMATION

Mixed use building situated on a corner/oversized lot in Lincoln Park, measuring 30x125 and zoned RT-4. The property comprises three units: two apartments and one commercial tenant, with no vacancy in over 30 years. The commercial lease (Tapster), operates under a modified lease, with the tenant responsible for real estate tax and insurance costs proportional for increases over the 2018 base year rates. Additionally, the commercial tenant is accountable for all mechanicals in their space and snow removal for the building. Apartment 2F, a 3-bed 2-bath duplex with a true primary suite, is leased until April 2025 for 2700/month. Apartment 2R, a condo-quality 2-bed 2-bath duplex with a rain shower and fireplace, is rented for 2700/month until September 1, 2025. Both units offer considerable potential for increased rental income. The property enjoys proximity to Jonquil Park and DePaul University. Tapster, the commercial tenant, pays 5,402 per month plus any water bill costs exceeding 200 (billed every 2 months), with the lease expiring in June 2027 and an option to renew for an additional 5 years thereafter. The lease renews annually every July with a 2.5 increase per annum. Tapster also contributes additional rent proportional to insurance and tax increases as stated above. The property's expenses include 2022 taxes amounting to 21,597, insurance costs of 11,412 (potentially lower if shopped), and an annual water expense of 1200. The property currently operates with a Tavern license. The license is permanently affixed to the property, meaning the current tenant will need to either transfer it to a new tenant (subject to landlord approval) or to the building owner upon vacancy. Tenants cover all heat and gas expenses, while Tapster manages snow removal and landscaping. The furnaces in both units are new, with the 2R unit's furnace being just 2 months old and the 2F unit's furnace being 2 years old. Additionally, all three AC condensers are from 2017 or newer. With recent developments such as Avli Taverna and Love Street joining the block, and Lincoln Commons nearby, the location is hard to beat.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1909
Baths:
MLS#:
12210875

ADDITIONAL INFORMATION

Fabulous Restaurant Opportunity situated in the upscale iconic neighborhood of Lincoln Park Chicago. Located ON THE CORNER of Ashland & Altgeld, 2500 N Ashland Ave offers unbeatable brand exposure to over 40,000 passing vehicles daily. Lincoln Park neighborhood is home to a population which has the highest median income in Chicago. The space comes turnkey with no upfront key money, no significant buildout required and eligible for a liquor license + sidewalk cafe. Equipped with a 10 foot black iron hood and extra large walk in cooler in the basement below the bar area (perfect to store kegs for beer tap). 2500 N Ashland Ave is an irreplaceable space in the heart of one of Chicago's most iconic neighborhoods. Whether you are starting from scratch or opening additional locations, you're not going to want to miss seeing this space. It has all the right Lincoln Park vibes!

Type:
Loft Style
Sq.Ft.:
12,000
Status:
Active
Beds:
n/a
Year built:
1891
Baths:
MLS#:
12206667

ADDITIONAL INFORMATION

Would be a perfect fit for owner-occupied day care facility. Rare Opportunity to own a Property in the best location, first time being sold in 30+ years!!! Property consists of 2 buildings, main building is built out for 4 commercial spaces.The current tenants include Frame Factor and Simes Studio. The second building is a frame two story structure, occupied by a Dog Day Care, on the wood street side double lot. This Mixed-Use property offers a wide range of potential possibilities for Residential, Stores or offices under C1-3 zoning. 23,000 square feet of land, which includes ample on-site parking. DOES NOT INCLUDED BILLBOARD.

Type:
Office
Sq.Ft.:
800
Status:
Active
Beds:
n/a
Year built:
2003
Baths:
MLS#:
12206369

ADDITIONAL INFORMATION

Prime commercial office space located at 1452 W Fullerton Ave in the heart of Chicago's bustling Lincoln Park neighborhood. This property offers high visibility and excellent foot traffic along Fullerton Avenue. The building is a modern and well-maintained commercial space with large windows that allow natural light to flood the interior. Inside, you'll find a spacious, professional layout ideal for an office or retail business, with open workspaces and a welcoming reception area.With approximately 800 square feet of functional space, the property is designed for efficiency and convenience. Ample street parking and proximity to major roadways, including the Fullerton and Ashland intersections, make this location easily accessible for clients and staff alike. Surrounded by a mix of retail, dining, and residential properties, this office is perfect for a business looking to expand or establish a presence in one of Chicago's most desirable areas.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
12166355

ADDITIONAL INFORMATION

Incredible opportunity to rent elite office space in a prime Lincoln Park Location! 1200 square feet of built out space previously used as a real estate office with kitchenette, and full bathroom with shower plus huge basement for storage and common rear patio to enjoy. Available 2/1/25! Easy non permit street parking next to Frankie's on the park, Floriole and Sweet Mandy B's! PRIME walk up storefront in Ideal residential neighborhood!

Type:
Condo
Sq.Ft.:
1,375
Status:
Active
Beds:
n/a
Year built:
2000
Baths:
MLS#:
12196607

ADDITIONAL INFORMATION

775 SF (plus 600 SF finished basement) condo/retail condo unit for sale in Lincoln Park near DePaul University. Unit includes one exterior parking spot in the back.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1903
Baths:
MLS#:
12147343

ADDITIONAL INFORMATION

Rare opportunity to own this iconic Lincoln Park mixed-use building. The property boasts a corporately held Tavern license, ensuring guaranteed commercial occupancy, a coveted asset given the high demand for such licenses. The property consists of ground floor commercial space with basement storage. The commercial space was renovated in 2021 and is occupied by a popular sports bar and restaurant. The space has legal occupancy for a 234 person capacity crowd. The 2nd floor has a 3 bedroom, 1.5 bathroom apartment. The apartment was completely rehabbed in 2020 and is currently occupied by longer-term tenants. The entire property is in excellent condition, both internally and externally, and includes 3 exterior parking spaces in the rear. Excellent transport links close by, with the Diversey Brown Line CTA just 5 minute walk.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1888
Baths:
MLS#:
12141687

ADDITIONAL INFORMATION

Prime investment opportunity in the perfect Lincoln Park location. This 3 story classic brick building is extremely well maintained and is currently home to a long term residential tenant in unit 3, an amazing income producing Airbnb in unit 2, and a stunning Jewelry company in the commercial space which has access to the massive basement that runs the length of the building. Both residential units have been updated and well kept, featuring brick interior walls, hardwood floors, central AC/heat and share a large back yard area. Unit 3 is 3 bedrooms, 1 bath and has in-unit washer and drier. Unit 2 is also 3 bedrooms, 1 bath and benefits from shared laundry in the basement. Building includes 6 exterior parking spaces! High density area, just blocks to both Red and brown line L trains as well as easy access to all transportation options. Area tenant include Summerhouse/Stella Barra, Blue Door farm kitchen, Cafe-Baba-Reeba, Lori's Shoes, Walgreens, Barry boot camp, Warby Parker, Interior Define and much more

Type:
Condo
Sq.Ft.:
1,000
Status:
Active
Beds:
n/a
Year built:
1997
Baths:
MLS#:
12136524

ADDITIONAL INFORMATION

Commercial condo office space on Ashland with ground floor access and high visibility near the Diversey/ Ashland Corridor. This flexible space features concrete flooring, floor to ceiling windows, private entrance, separate spaces for reception office, conference room, galley kitchenette, and full bathroom including integrated shower. One exterior assigned parking space is included in price. Great location close to Diversey Brown Line, Clybourn Metra, Ashland bus, Diversey bus, quick drive to 90/94 and LSD.

Type:
Condo
Sq.Ft.:
1,100
Status:
Active
Beds:
n/a
Year built:
2000
Baths:
MLS#:
12124098

ADDITIONAL INFORMATION

For sale or for lease: 1100 square-foot commercial space located in the heart of Lincoln Parks business district, with option for one deeded parking spot available. High visibility in the very busy intersection of Halsted and Diversey with great foot and motor traffic and centrally located between two prominent highly ranked Chicago hospitals. Many retail shops in the area, including Dom's market, Home Depot, Trader Joe's and Walgreens, with a lot of restaurants and bars within the walking distance. This ADA compliance space is currently divided into five rooms plus a reception area, a kitchenette, and a bathroom.

Type:
Condo
Sq.Ft.:
18,540
Status:
Active
Beds:
n/a
Year built:
2006
Baths:
MLS#:
12121911

ADDITIONAL INFORMATION

1,200sqft storefront on PRIME Halsted corridor, steps from Diversey St, restaurants, coffee shops, and bars. Cafe, Smoothie, Poke, and Sandwich Shops welcome! Heavy foot and car traffic, with large signage opportunity. This B3-2 zoned unit was a former salon layout, with water/sewer lines already in place for shampoo bowls. Separate room with sink already partitioned off! High ceilings, large windows with lots of light, and updated bathroom. Usable for most businesses, this space is ready to be your future home! See MATTERPORT 3D Virtual Tour for walkthrough.

Type:
Other
Sq.Ft.:
1,000
Status:
Active
Beds:
n/a
Year built:
2008
Baths:
MLS#:
12102547

ADDITIONAL INFORMATION

Ground level retail or office space within multi-unit building in Lakeview. Soaring ceilings and ample glazing with views from busy Diversey Parkway. Two parking spaces included in the rear of the building. 1,000 sq.ft. of useable space including one bathroom, furnace mechanical room, two storage areas. Architect available to consult new buyer's proposed use for the space. SELLER FINANCING AVAILABLE.

Type:
Other
Sq.Ft.:
2,080
Status:
Active
Beds:
n/a
Year built:
1891
Baths:
MLS#:
12075455

ADDITIONAL INFORMATION

Investment Opportunity! Single-tenant, income generating restaurant located in the heart of much sought-after Lincoln Park. NNN leased investment. Steps from 5-corner intersection of Fullerton/Lincoln/Halsted and DePaul University. Extremely high quality build-out with 8' hood. Second floor completely built-out for catering/commissary kitchen with its own black iron, Type I hood and separate ingress/egress. Located on busy Fullerton (17,700 Vehicles Per Day). Walking distance to DePaul University (in the nation's top 10 largest private universities). Nearby businesses include Studio Three, Fedex, Equinox gym and Chase Bank. 5 minute walk to Brown Line. Population of 494,774 within 3 mile radius and average household income of $140,348. NOI: $61,225. Cap Rate 6%. OPERATING. DO NOT DISTURB EMPLOYEES OR MANAGEMENT.

Type:
Other
Sq.Ft.:
5,500
Status:
Active
Beds:
n/a
Year built:
1898
Baths:
MLS#:
12067681

ADDITIONAL INFORMATION

Have you ever wanted to own your own bar and/or restaurant in Lincoln Park?! Now you can! For the first time in over 50 years this exceptional, family-owned building is for sale. The sale will include a 2am liquor/tavern license to open the first floor as just a bar or bar and restaurant. The main level restaurant/bar area includes tables, chairs, fireplace, two bars, and two half baths. The second level includes a large owner's apartment with 2 beds, full bath, in-unit laundry, and balcony. There are also 2 additional 1-bedroom apartments on the second level. An unfinished basement with storage and cooler completes the package. The outdoor space is massive with a two plus car garage, patio space to open an outdoor space or use as additional off-street parking. Up to 10 parking spaces total. The lot is approximately 10,000 square feet and 6,000 square foot building including basement. Zoned M1-2 Estate Sale offered in "As Is" Condition.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2019
Baths:
MLS#:
12026011

ADDITIONAL INFORMATION

Impeccable all brick, 2019 build, 12 unit apartment building in Lincoln Park. Built by an experienced builder with over 30 years experience building in the Chicagoland area. Built as a condo building, this property was finished to the highest quality, including quartz counters, stainless appliances, fire places, in-unit washer/dryer, garage parking and rooftop decks. Fantastic rental units, never vacant. Turn key property. The seller has never allowed pets, so the units have stayed in fantastic condition. // $586,500 Gross Yearly Rental Income // 5.63% CAP Rate // Upside Potential Bringing Rents to Market Rates (Number of long term tenants)

Type:
Other
Sq.Ft.:
10,000
Status:
Active
Beds:
n/a
Year built:
1894
Baths:
MLS#:
11811009

ADDITIONAL INFORMATION

Retail/office space on 1st floor of a 4-story apt bldg w/vintage details. 2,500 SF, divisible into 2 units w/entrances on both Lincoln & Diversey. Extra large storefront windows & large signage panels on both streets. High ceilings w/track & recessed lighting, new hardwood floors. Full basement for storage. Washroom in middle w/upscale finishes. Affluent area demographics, ample street parking in area. 6 residential rental apartments above.

Type:
Condo
Sq.Ft.:
7,600
Status:
Active
Beds:
n/a
Year built:
2002
Baths:
MLS#:
11471332

ADDITIONAL INFORMATION

7,600 SF fully-leased high profile commercial property on 1st fl of newer 5-story, 54-unit condo bldg on Halsted in the heart of the Lincoln Park/East Lakeview commercial district. Divided into 4 units, all of which are leased to long term Dental Masters tenant (leased since 2005), large Dunkin Donuts franchisee (10-year lease in 2020), Cosmetic Surgery of Chicago (5-year lease in 2023) and Beyond Ventures salon (5-year lease in 2023), which provide ~$214,000 in NOI for a 7.2% CAP rate with annual rent escalations. 130' of frontage w/12'+ concrete ceilings. 6 garage parking spaces are available for use by owners and tenants (priced separately). Area tenants incl Dom's Kitchen & Market, Home Depot, Guitar Center, Walgreens, Byline Bank, Trader Joes and numerous local restaurants and neighborhood businesses.

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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 $284,100. 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 $284,100. 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 60614 has a population of 2,742,119. Chicago 60614 is less family-centric than the surrounding county with 24.86% 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 60614 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 60614 is 35.1 years.

Chicago Weather

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.

Chicago Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    230
    30-day change

Chicago Schools and Demographics

Education near Chicago, IL

Metric City County
High School Graduates 86.3 87.97
College Degree - 2 year 5.75 6.73
College Degree - 4 year 41.67 40.75
Graduate Degree 12.15 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Alcott Elementary School PK - 08 565 60614
Armstrong G Elementary International Studies PK - 08 1,437 18.1 60645
Blaine Elementary School PK - 08 891 20.6 60613
Disney Elementary Magnet School PK - 08 1,650 19.5 60613
Eberhart Elementary School PK - 08 1,545 19.7 60629
Greeley Elementary School PK - 08 678 16.2 60613
Hanson Park Elementary School PK - 08 1,491 16.9 60639
Hawthorne Elementary Scholastic Academy KG - 08 576 16.9 60657
Inter-American Elementary Magnet School PK - 08 652 17.1 60613
Lasalle Elementary Language Academy KG - 08 553 16 60614
Lincoln Elementary School KG - 08 824 17.7 60614
Mayer Elementary School PK - 08 656 16.9 60614
Nettelhorst Elementary School PK - 08 829 18.3 60657
Newberry Elementary Math & Science Academy PK - 08 570 17.5 60614
Ogden Elementary School PK - 05 856 60610
Otis Elementary School PK - 08 593 13.1 60642
Peck Elementary School PK - 08 1,633 19.6 60629
Prescott Elementary School PK - 08 323 17.3 60614
Rowe Elementary School KG - 07 694 14.8 60642
Sawyer Elementary School KG - 08 1,800 21.9 60632

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
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
Von Steuben Metro Science High School 09 - 12 1,686 17.8 60625
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 60614

Metric Zip Code City
Neighborhood Type Inner City
Population 2,742,119 5,265,398
Population Density 12,060 5,572
Median Age 35.1 37.3
People per Household 2.4 2.5
Median Household Income 65,781 72,121
Average Income per Capita 41,821 41,706