Chicago IL Commercial for Sale
$2,180,000
4711-15 S Michigan Avenue Chicago, IL 60615
- Type:
- General Commercial
- Sq.Ft.:
- 19,527
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.35 Acres
- Year built:
- 1888
- Baths:
- MLS#:
- 12218988
View additional info
Courtesy: @properties Commercial
312-506-0200
ADDITIONAL INFORMATION
Nestled in the heart of Chicago's historic and vibrant Bronzeville neighborhood, 4711-4715 S. Michigan Ave. offers a rare blend of elegance, modern comfort, and architectural charm. These boutique buildings present an array of meticulously designed condo-quality residences to suit diverse lifestyles, boasting luxurious finishes and spacious layouts ensuring every square foot is optimized. The buildings' unit mix consists of (2) 4-bedroom/2.1- bathroom penthouses, (4) 3-bedroom/2-bathroom units and (4) 2-bedroom/2-bathroom units. All units feature functional floor plans, ample space and ensuite bathrooms, along with in-unit laundry facilities, separate hot water heaters, central heating, and elegant hardwood flooring. Moreover, dedicated parking spaces are available for every unit. These buildings truly are the perfect blend of classic Bronzeville charm and contemporary elegance. Whether you're drawn to the grandeur of the 4-bedroom penthouses, the cozy elegance of the 3- and 2-bedroom retreats or the significant new developments on the block, 4711-4715 S. Michigan Avenue represents an exceptional investment opportunity for the savvy investor with easy access to public transportation, the Dan Ryan Expressway, and Sip and Savor and a mere 10-15 minute drive to downtown Chicago.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2022
- Baths:
- MLS#:
- 12215156
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Courtesy: North Clybourn Group, Inc.
773-252-0600
ADDITIONAL INFORMATION
Exceptional investment opportunity in Bronzeville. Fully stabilized 6 unit building with high-end condo quality finishes. 2022 New Construction, intelligently designed all brick building, boasting an impressive 7 Cap Rate with 237,000+ gr income and NOI of 192,010. This property offers an absolute turnkey experience at the confluence of Bronzeville/Kenwood with all leases running into Spring 2025. Unit breakdown of (2) 1800 sqft three bed/two bath residences, (2) Penthouse 1950 sqft three bed/two bath residences and (2) 3000 sqft four bed/two & a half bath duplex residences. Each unit boasts private outdoor space with penthouse units getting private rooftop decks and garage roof rights for duplex units. 6 car garage (1:1) and exterior storage. The units in this luxury boutique building are distinguished by the finishes & details; hardwood floors, in unit laundry, central air/gas forced heat, video intercom, custom closets, window treatments throughout, and fireplaces with built-in shelving. Kitchens are all finished with quartz countertops & backsplash, breakfast bar overhang, stainless steel appliances, and custom cabinetry. Elevated primary suites with walk-in closets and double vanity with quartz countertops, and walk-in shower with rain shower head and bench. Both guest bedrooms have closets built out with custom organizers and guest bathroom has shower/tub combo. Duplex units include butler pantry on main level and heated floors in lower level. Happy tenants with sound barrier between floors with open cell foam, 1:1 garage parking, and exterior storage. The property is home to AAA tenants, ensuring a stabilized asset for investors seeking a secure and lucrative venture in the thriving Bronzeville real estate market.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1903
- Baths:
- MLS#:
- 12177857
View additional info
Courtesy: Taty Management LLC
773-771-6415
ADDITIONAL INFORMATION
Beautiful six (6) unit apartment building in Chicago's highly coveted Washington Park neighborhood. Situated on a one way, tree-lined street, the building lies just blocks away from George Washington Park and University of Chicago's campus. 5407 S. Indiana has an incredibly desirable unit mix comprised of four (4) 3Bd/1.5Ba and two (2) 4Bd/1.5Ba units. All of which feature spacious layouts with hardwood floors throughout, individual furnaces, and updated kitchens & baths. Furthermore, the building allows for the potential addition of two (2) garden units. Currently, the garden units are non-conforming and in need of renovation, however, one of the two has already been studded and framed out. Recent improvements to building include, but are not limited to, new porches (2020), new windows, copper plumbing, newer roof, and significant masonry/tuckpointing work. This property presents tremendous value can also be added by finishing out the 7th and 8th units, which would not only increase a new owners NOI, but increase the value of the property
$1,350,000
100-116 E 51st Street Chicago, IL 60615
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 12162362
View additional info
Courtesy: Great Lakes Realty Central Inc
773-616-8700
ADDITIONAL INFORMATION
BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site with a 17 car parking lot! The ground floor is leased to long term tenants and the second floor ready for your ideas. Previously 2nd flr housed 17 apts. Remarkable possibilities! Ground floor fully leased to long term tenants for instant cash flow. The 9,180 SF second floor is wide open, with soaring ceiling heights to 14 feet. Additional possibilities to add square footage include adding 3rd floor loft space in a portion of the second floor and building out an existing very cool all masonry roof penthouse. Architectural plans available to construct a lobby, stair and elevator on Michigan Avenue with direct access to the concrete 17 car fenced, landscaped & irrigated parking lot. The possible uses are endless and include but are not limited to apartments, dramatic office space, medical, gym, basketball, pickleball, dance studio, restaurant, theater, doggie daycare, gallery and many other possibilities. Transit Oriented Development site, potential TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.
$2,040,000
226 E 48th Street Chicago, IL 60615
- Type:
- General Commercial
- Sq.Ft.:
- 10,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2023
- Baths:
- MLS#:
- 12154781
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Courtesy: Pedestal Realty LLC
773-706-0578
ADDITIONAL INFORMATION
This amazing new construction project has just been finished and ready for savvy investors! The building features 6 spacious units: 4 simplex units with 2 bed/2 bath and 2 duplex down units with 4 bed/3 bath, family room. Each unit has large kitchens with quartz counters, stainless steel appliances, peninsula, in-unit washer dryer, private storage units, assigned parking. Each unit has high efficient furnaces and tankless water heaters.
$1,606,000
5345 S University Avenue Chicago, IL 60615
- Type:
- General Commercial
- Sq.Ft.:
- 12,954
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1909
- Baths:
- MLS#:
- 12158053
View additional info
Courtesy: Coldwell Banker Commercial Real Estate Group
630-844-2222
ADDITIONAL INFORMATION
STATELY HISTORIC REDEVELOPMENT OPPORTUNITY IN HYDE PARK: A VISIONARY'S DREAM! This beautiful 3-story brick property in the heart of Hyde Park could be used as a single-family home, a group home, a community center, and more! With a rezoning to adjacent RT-4, the building could be converted to approximately 8 total units by broker's estimate, or by floor for 3 units with condo potential. This historic property has been a single-family residence, a 4-unit dwelling, and most recently, a dormitory. Tuckpointing was completed in 2016, roof upgrades in 2017, and a new roof on the garage in 2023. Windows have been upgraded. Professional landscaping with paver patio and new partial property fencing in 2022. Upgraded electrical system in 2024 with total improvements totaling 2M since 2008. This property features a single electric, water, and gas meter with a boiler heating system. There is no central A/C in the main home but separately metered utilities in the garage apartment with window A/C. The current floor plan of the property includes 10 bedrooms, 6 bathrooms, 3 beautiful heated sun porches, a main kitchen, dining area, 2 large meeting areas/family rooms, ample storage throughout, a 3-car garage with 2 bedrooms, 1 bath apartment above. This property is located within the Hyde Park-Kenwood Historic District, which offers federal and state tax incentives for qualified improvements. The property is steps away from downtown Hyde Park's entertainment and shopping areas, steps from the University of Chicago, the Chicago lakefront, and a short ten-minute drive to the Loop. EM payable to Coldwell Banker Real Estate Group via certified funds.
$1,545,000
5437 S Harper Avenue Chicago, IL 60615
- Type:
- General Commercial
- Sq.Ft.:
- 5,490
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1897
- Baths:
- MLS#:
- 12145817
View additional info
Courtesy: Triton Realty Group LLC
312-788-9379
ADDITIONAL INFORMATION
Introducing 5437-5439 S. Harper, a rarely available center entrance six (6) unit apartment building located in a prime Hyde Park location. This irreplaceable address is next door to Trader Joe's, walking distance to 53rd shopping, the University of Chicago shuttle at Lake Park & 54th Street, Metra and 90/94 Expressway for easy commuting. Renovated in 2022-2023, the property features all 2-bed/2-bath apartments showcasing meticulously designed floor plans. Updates include new kitchens, stainless-steel appliances, dishwashers, in-unit laundry, refinished hardwood flooring, and modern bathroom finishes. In addition to its cosmetic finishes, the building also has new individual HVAC, new plumbing and electric service, rebuilt porches and a well-maintained roof. 5437-39 S. Harper is an incredible investment opportunity to acquire a renovated turn-key property in one of Chicago's most desirable neighborhoods. With exceptional cash-flow and minimal expenses this cash flowing asset generates strong income from day one. In an A+ Hyde Park location, nestled by the University of Chicago's campus, new ownership has the rare opportunity to acquire a stabilized investment providing a solid cash-on-cash return for many years to come.
$1,200,000
5101 S Michigan Avenue Chicago, IL 60615
- Type:
- Other
- Sq.Ft.:
- 7,833
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2005
- Baths:
- MLS#:
- 12011642
View additional info
Courtesy: Twins Realty LLC
773-736-6461
ADDITIONAL INFORMATION
Washington Park-7 Stores (4 Restaurants, 3 stores) High quality Washington Park Retail Center with 4 restaurants & 3 stores. Two blocks from the 51st Street CTA Green Line Station at the intersection of 51st & S Michigan. Excellent visibility corner lot with popular restaurants and good traffic. 9 parking spaces with room for more. 16,257 square foot lot zoned B3-3, approximately 7,833 square foot building, built in 2005. Annual PGI of $182,507 & value-add potential. $2.3 Billion Annual Consumer Spending Ideal post-covid restaurant layouts, primarily take-out with limited dine-in & large kitchens with hoods. Single story building, amply plumbed for additional light food service &/or easily install hoods. 3-mile radius population of 281,310. Average household income of $60,288 & annual consumer spending of $2.3 Billion. Average retail rent is $20.64NNN with a vacancy rate of 4.9%.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 12008591
View additional info
Courtesy: Pearson Realty Group
773-325-2800
ADDITIONAL INFORMATION
Attention, Investors, Rehabbers, and Home Owners.... Rarely Available! Hot, Bronzeville Development Opportunity! Beautiful Brick Church Zoned RM-5 (RESIDENTIAL) on 50x162 lot. This property has tons of potential. Current Zoning allows for Single Family or Multi-Unit development. The existing structure can be converted to a Beautiful Single family or multi-Unit. The Lot is buildable for up to 20 units. Selling As-Is, Cash or renovation loans only. No Tax proration, No Survey, all room sizes estimated. Need some notice prior to showing. Surrounded by New Construction. Excellent Prime Development Location with /Great Exposure, Minutes from Mariano's and Expressway, and Hot Bronzeville Commercial Development.
$6,290,000
5200 S Woodlawn Avenue Chicago, IL 60615
- Type:
- General Commercial
- Sq.Ft.:
- 65,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1906
- Baths:
- MLS#:
- 11863046
View additional info
Courtesy: MetroPro Realty LLC
773-667-1000
ADDITIONAL INFORMATION
This building is located in Hyde Park, one of the top rated Chicago communities. It also is one of the most culturally diverse neighborhoods in the City. It is adjacent to the major shopping area in Hyde Park and a short walking distance to the University of Chicago Campus. The mix of units include three 3-bedroom 2 full bathroom apartments, twelve 2-bedroom 2 full bathroom apartments and seven 2-bedroom 1 bathroom apartments. All units but two include individual heating and air conditioning with washer and dryer. All have hardwood floors and interior entry. All but two units have been fully rehabbed with new kitchens and appliances. Buildings like this seldom come on the market, don't miss this opportunity.
$2,990,000
5140 S Kimbark Avenue Chicago, IL 60615
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1912
- Baths:
- MLS#:
- 11864145
View additional info
Courtesy: MetroPro Realty LLC
773-667-1000
ADDITIONAL INFORMATION
This building is located in Hyde Park, one of the top rated Chicago communities. It also is one of the most culturally diverse neighborhoods in the City. It is adjacent to the major shopping area in Hyde Park and a short walking distance to the University of Chicago Campus. The mix of units include four 4-bedroom 3 full bathroom apartments, two 4-bedroom 2 full bathroom apartments and a garden apartment with three bedrooms and 2 bathrooms. All units have individual heating and air conditioning with washer and dryer. All have hardwood floors and interior entry. All units have been fully rehabbed with new kitchens and appliances. Buildings like this seldom come on the market, don't miss this opportunity.
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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 60615 has a population of 2,742,119. Chicago 60615 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 60615 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 60615 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.