Chicago IL Commercial for Sale
$1,650,000
2723 N Halsted Street Chicago, IL 60614
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1903
- Baths:
- MLS#:
- 12147343
View additional info
Courtesy: HUDSON PARKER
773-330-5356
ADDITIONAL INFORMATION
Rare opportunity to own this iconic Lincoln Park mixed-use building. The property consists of ground floor commercial space with basement storage. The 2nd floor has a 3 bedroom, 1.5 bathroom apartment. 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 apartment was completely gutted and 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.
$1,599,000
2154 N Halsted Street Chicago, IL 60614
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1891
- Baths:
- MLS#:
- 12147833
View additional info
Courtesy: Sperry Van Ness
312-676-1866
ADDITIONAL INFORMATION
SVN Chicago Commercial is pleased to offer for sale a beautiful, fully leased, mixed-use building on Halsted St in Chicago's pre-eminent Lincoln Park neighborhood in the DePaul submarket. The property is comprised of two, three bedroom renovated apartments + one ground floor commercial space on a long term lease as well as off-street parking. The approx. 4800 SF, three-story building + basement has excellent visibility along Halsted. The property is located in the most sought after sub-market in Chicago for residents, businesses and investors. This is a rare opportunity to acquire a stabilized, mixed-use building in Chicago's most popular and valuable sub-market.
$1,695,000
2014 N Halsted Street Chicago, IL 60614
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1888
- Baths:
- MLS#:
- 12141687
View additional info
Courtesy: Berkshire Hathaway HomeServices Chicago
312-642-1400
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
View additional info
Courtesy: Best Chicago Properties, LLC
312-563-5300
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.
$1,695,000
1528 W Fullerton Avenue Chicago, IL 60614
- Type:
- Other
- Sq.Ft.:
- 3,600
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1890
- Baths:
- MLS#:
- 12128333
View additional info
Courtesy: Compass
773-482-1917
ADDITIONAL INFORMATION
Incredible investment opportunity in the heart of Lincoln Park! This mixed-use building features a completely custom commercial tire business on the first floor, complete with brand new flooring, lighting/fixtures, paint, central AC/heat, and a large detached commercial garage in the back with convenient alley access. The second floor boasts a spacious 2-bedroom, 2-bathroom unit with updated flooring, stainless steel appliances, in-unit laundry, and a private balcony. Additional building renovations include a new high-tech security system throughout the entire building. Now is your chance to invest in a piece of Chicago history in a prime location, just steps from DePaul University, multiple bus lines, the Kennedy Expressway, and blocks away from Wrightwood Park, Whole Foods, Mariano's, CTA, Metra, and Wrightwood Park. This is a fantastic opportunity for a turn-key operation. Simply step in and take over!
- Type:
- Condo
- Sq.Ft.:
- 1,100
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2000
- Baths:
- MLS#:
- 12124098
View additional info
Courtesy: RE/MAX Premier
312-475-1717
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
View additional info
Courtesy: Pearson Realty Group
773-325-2800
ADDITIONAL INFORMATION
1,200sqft storefront on PRIME Halsted corridor, steps from Diversey St, restaurants, coffee shops, and bars. 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.
$1,475,000
1942 N Lincoln Avenue Chicago, IL 60614
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1880
- Baths:
- MLS#:
- 12113236
View additional info
Courtesy: Westward 360
773-572-0880
ADDITIONAL INFORMATION
Trophy property with seven units in the heart of historic Lincoln Park. Unit count consists of six one bedroom apartments and one large garden level studio. Recent improvements in five of the seven apartments include addition central heat/air, as well as kitchen and bath renovations. Common areas just redone with fresh paint and new carpet runners. Sewer line recently replaced from the building to the street. Three parking spaces in the rear for additional revenue as well as coin laundry in the basement. Existing professional management in place that can be transferred to new buyer. Sales packet with more information available upon request. Current rent roll of $12,250 with an easy pro forma of $13,500 to reach after the fall turnovers in 2024. Contact the listing agent for detailed rent roll and expenses. A beautiful classic Lincoln Park property to begin or add to your portfolio!
- Type:
- Other
- Sq.Ft.:
- 6,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1993
- Baths:
- MLS#:
- 12104569
View additional info
Courtesy: @properties Christie's International Real Estate
847-657-7000
ADDITIONAL INFORMATION
This Unit is Now Empty, the Tenant has Moved Out. Looking to Establish Your Business in a Prime Location? Look No Further than this Fantastic Commercial Space within a Lovely Condo Building on Southport Boasting Incredible Vsibility from Both the Street and Sidewalk, This Location Gets Lots of Foot Traffic. This Unit is Very Bright and Open, It's all Nicely Updated Featuring 6 Rooms , Full Bathroom, 1/2 Bath, Kitchen, 3 Storage Closets and Outdoor Patio. The Real Estate is for Sale Not the Business, Use for Salon/Spa, Dog Groomers, Real Estate Office, Attorneys Office, Insurance Office or Dentist/Doctor Office. We Are Open to a $3000 a Month Lease. The Easy Street Parking Makes it a Breeze for your Customers to Visit You.
- Type:
- Other
- Sq.Ft.:
- 1,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2008
- Baths:
- MLS#:
- 12102547
View additional info
Courtesy: Open Corner
847-529-3531
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.
$4,755,000
1809 W Webster Avenue Chicago, IL 60614
- Type:
- Loft Style
- Sq.Ft.:
- 12,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1891
- Baths:
- MLS#:
- 12097364
View additional info
Courtesy: S Hansen Realty Inc.
773-477-4455
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.
$1,099,000
734 W Fullerton Avenue Chicago, IL 60614
- Type:
- Other
- Sq.Ft.:
- 2,080
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1891
- Baths:
- MLS#:
- 12075455
View additional info
Courtesy: Strauss Realty Ltd
773-736-3600
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.
$1,790,000
2506 N Clybourn Avenue Chicago, IL 60614
- Type:
- Other
- Sq.Ft.:
- 5,500
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1898
- Baths:
- MLS#:
- 12067681
View additional info
Courtesy: Dream Town Real Estate
773-250-0400
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.
$1,649,900
1059 W Wrightwood Avenue Chicago, IL 60614
- Type:
- Other
- Sq.Ft.:
- 4,235
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1898
- Baths:
- MLS#:
- 12021988
View additional info
Courtesy: Jameson Sotheby's Intl Realty
312-751-0300
ADDITIONAL INFORMATION
Mixed use building situated on a corner/oversized lot in Lincoln Park, measuring 30x125 and zoned RT-4. The property boasts a corporately held Tavern license, ensuring guaranteed commercial occupancy, a coveted asset given the high demand for such licenses. 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. The property comprises three units: two apartments and one commercial tenant, with no vacancy in over 30 years. The commercial lease, guaranteed by the corporation holding the Chicago Tavern Liquor License (valued over $100K), operates under a modified gross 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 $2600/month until September 1, 2024. Both units offer considerable potential for increased rental income. The property enjoys proximity to Jonquil Park and DePaul University. Tapster, the commercial tenant, pays $5,270 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 (new rent being $5402 July 1, 2024) 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. 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.
$6,799,000
2448-50 N Clybourn Avenue Chicago, IL 60614
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2019
- Baths:
- MLS#:
- 12026011
View additional info
Courtesy: Compass
312-733-7201
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)
$2,799,900
1003 W Armitage Avenue Chicago, IL 60614
- Type:
- Other
- Sq.Ft.:
- 5,009
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1886
- Baths:
- MLS#:
- 11925147
View additional info
Courtesy: Citywide Real Estate
312-808-8899
ADDITIONAL INFORMATION
Don't miss this extraordinary and rare investment opportunity with a 6.86% CAP RATE in the highly sought-after Lincoln Park neighborhood! This fully stabilized, recently gut-renovated mixed-use property offers a premier investment experience, featuring four residential apartments and one retail space. Strategically located on a desirable street, the property boasts a prime position directly across from the Chicago Transit Authority's (CTA) Brown Line L Train Stop at Armitage. With 100% occupancy and strong rental income, this investment presents the potential for rent increases while keeping operating expenses low. The commercial tenant covers 40% of CAM (including property tax and insurance), while residential tenants pay for utilities (gas and electricity). Significant recent upgrades, such as a new roof and AC condensers installed in 2022, contribute to the property's long-term value. Each residential unit features hardwood floors, in-unit laundry, quartz countertops, stainless steel appliances, and individual HVAC units, ensuring maximum comfort and appeal for tenants. Take advantage of this exceptional mixed-use property in the heart of Lincoln Park, offering stability, growth potential, and an impressive return on investment for discerning investors.
$1,749,000
1128 W Diversey Parkway Chicago, IL 60614
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 11832980
View additional info
Courtesy: Coldwell Banker Realty
847-724-5800
ADDITIONAL INFORMATION
This Elegant Brown Stone Has 7-Units That May Serve Lakeview Investor or Owner-User With Additional Monthly Income
$3,050,000
2769 N Lincoln Avenue Chicago, IL 60614
- Type:
- Other
- Sq.Ft.:
- 10,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1894
- Baths:
- MLS#:
- 11811009
View additional info
Courtesy: The Lord Companies L.L.C.
312-944-6270
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
View additional info
Courtesy: The Lord Companies L.L.C.
312-944-6270
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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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 60614 has a population of 2,722,586. Chicago 60614 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 60614 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 60614 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.