This building consists of 5 office suites, a reception/waiting area, a kitchenette/pantry, 2 bathrooms, and janitor closet with sink, and a 2nd floor two bed apartment. The first floor commercial area consist of separate offices ready to lease out. The exterior of the building and commercial area is well qualified for the city's Neighborhood Opportunity Fund. This allows for substantial grant to improve the commercial/exterior of the property. The commercial space was most recently used as a NFP community center and second hand store. The full basement is well lit with about 6 foot ceilings. The second floor has a two bedroom split floor plan with eat in kitchen and spacious living room. Recent building updates include back (Western elevation) tuckpointing 2023, northern elevation tuckpointing 2021, 2022 HVAC on second level, 2021 HVAC on 1st level, updated electrical in last 3 years. Commercial Avenue Business Cooridor recent updates include outdoor vendor stalls, art stacks, raised bike lane, and permanent ground art. Proposed Commercial Avenue neighborhood reinvestments include a continuation of raised bike lanes, art stacks up to 8500 S. Commercial and a neighborhood revitalization at 8600 S. Commercial and 8900 S Commercial.
Incredible Investment Opportunity! This all-brick, mixed-use corner building offers approximately 2,700 square feet of total space, perfect for the existing restaurant or your new business venture. The second floor features a spacious 3-bedroom apartment, ideal for owner occupancy or additional rental income. Enjoy the benefits of a newer roof, updated electrical system, furnace, and hot water tank. The property also boasts a massive unfinished basement for potential expansion, an enclosed back porch, and a fenced backyard for privacy.
Discover a rare gem in a vibrant mixed-use neighborhood with this well-maintained 5-store commercial building! Making its debut on the market for the first time in 50 years. A perfect opportunity for an owner-operator or an armchair investor, this property offers versatility to combine units and potential for steady income. Each store has its own individual utilities, providing ease of management and flexibility for tenants. The building has been updated over the years, preserving its character while ensuring modern functionality. Situated on a great street with a blend of commercial and residential properties, this location promises a steady flow of foot traffic and a dynamic community atmosphere. A secure gated parking area in the back adds a valuable amenity for tenants and customers alike, enhancing the appeal and convenience of this investment. Don't miss out on this exceptional opportunity to own a piece of history and secure your place in a thriving area.
The Miracle on 93rd Street is for Sale. Great one story commercial property with endless possibilities. Power Circle Center is a 17,830 sq. ft. Building w/13,980 sq. ft. of Administrative Space (14 offices), 3,850 sq. ft. Auditorium/Banquet Hall/Multi Purpose Room holds 457 Persons, 8 Bathrooms, Shower Room with 8 Lockers, and 2 Parking Lots one on each side of building. There are 4 Lots totally fenced in. Need new HVAC System. Property is being sold in its as-is condition. Located adjacent to the US Postal Office in South Chicago. Contact me for your private showing.
Located in the heart of South Chicago this One story brick building is ideal for the business that requires high exposure. It has approximately 2700 Sq ft with about 115 linear ft of frontage on busy Commercial Ave. It is currently vacant and was formerly used as a dry cleaners but can be used for a variety of businesses. There is a full unfinished basement and plenty parking.
ATTENTION ALL INVESTORS!! Here is a fantastic opportunity to generate unlimited cash creating generational wealth with ease. Main floor features; remodeled open area that is currently utilized for a barber shop, and the rear of the main floor has a 3 bedroom, 1 bathroom apartment. Full walk out basement that leads to a great relaxing yard to unwind. Furniture such as; barber chairs and equipment are not included with the sale. This property is conveniently located near expressway, schools, and parks. Don't let this great opportunity slip away....
Clean and updated 7 unit building. Large storefront and 6 apartments. Storefront remodeled a year ago and has newer bathroom and furnace. Six apartments above which are easy to rent. Close to transportation and business. Easy to manage, just hold and collect your rent. Show and sell.
4,000 SQ. FT. WAREHOUSE AVAILABLE. CURRENTLY RENTED OUT TO AN AUTO BODY SHOP W/ 800 SQ. FT. OFFICE!!! GREAT OPPORTUNITY FOR OR STORAGE FOR INDUSTRIAL / MECHANICAL EQUIPMENT OR SMALL BUSINESS. TENANT PAYS ALL UTILITIES. GARAGE DIMENSIONS ARE 79' x 49' (3,871 SQ. FT.) OFFICE DIMENSIONS ARE 41' x 19' (779 SQ. FT.) GARAGE CEILING HEIGHT (TO BEAMS) IS 14.8 FT. HIGH, THERE ARE 2 GARAGE DOOR ENTRANCES WITH SAME HEIGHTS. PROPERTY SOLD AS-IS
Good Investment. Vacant corner store. Ideal for store or offices.
AMAZING INVESTMENT OPPORTUNITY. True Armchair investment - Every Inch of the building has been improved and renovated to todays design and finishes and all quality craftsmanship. 6 Unit Building. 5 Apartments (All 3 Bedroom/2 Bath) and 1 Storefront. ALL WORK WAS PERMITTED THROUGH THE CITY OF CHICAGO. BRAND NEW CONCRETE AROUND PROPERTY. BRAND NEW ROOF. BRAND NEW WINDOWS, ALL BRAND NEW MECHANICALS. OFFICE HAS 2 BATHROOMS AND IS 1200 SQ FT WITH 400 SQ FT OF STORAGE IN THE BASEMENT AND HANDICAP ACCESSIBLE. All Units will be conveyed vacant to give new owner(s) the opportunity to place tenants and maximize income. ALL APPLIANCES WILL BE INSTALLED PRIOR TO INSPECTION. HUGE INCOME OPPORTUNITY.
Unique opportunity to acquire a cash-flowing asset that realizes a 9% cap rate. Managing company Taty Management LLC. Full occupancy! Long-term tenants. Low rents with room to increase. It's a must-see! Brick 6 units building with six 2b/1ba apartments with a large eat-in kitchens! All units are equipped with updated kitchens and bathrooms featuring modern appliances, and granite countertops. Separate heat and water tanks for every unit. Updated electric, and copper plumbing. Everything is up to the new code. Parking is plenty on the street and a two cars brick garage in the rear. Great location close to transportation on a quiet block.
Investor's Delight....12-unit property features (9) spacious one bedroom units and (3) two-bedroom units; this property is the ultimate investment. Well Kept, family owned for many years. Longtime residents, newly updated, painted interior, and new back porch. Nestled on a super quiet block of Chicago with very clean surroundings.....This property is a prime opportunity for a savvy investor.
Brick, center entrance, 6 unit apartment building located in the South Chicago neighborhood. This property boasts six 2 bed/1bath units, with each unit having large bedrooms and an extra bonus room in the rear of the 2nd bedroom. Heat is provided by a central boiler and radiator system. The units are in good condition, but there are outstanding violations on the building and it will be sold subject to those violations. This property is being sold "AS-IS". Conveniently situated 1/2 block north of the main diagonal street of S. Chicago Ave (serviced by the #30 CTA bus), and approximately 6 blocks south of the entrance/exit ramps for the I-90 Chicago Skyway. Situated in a quiet neighborhood on S. Yates Blvd, in an area of small apartment buildings and well kept SF homes. Located 15 miles from the center of downtown Chicago and just 2 miles (#87 CTA bus) from the beautiful Lake Michigan lakefront at Steel Worker's Park and Climbing Wall.
Seize this opportunity to own a storefront property in the busy Central Business District of Chicago's East Side neighborhood. The inviting curb appeal will bring in plenty of foot traffic for your future business(s), and offers a spacious layout with multiple bathrooms. This property also has phenomenal potential to generate passive income. Start investing in real estate or grow your portfolio with this gem. Just steps away from restaurants, stores, and businesses. Conveniently located near: Indiana border, I-90/94, and Lakeshore drive. **SELLER IS RELOCATING = MOTIVATED TO SELL!! Will entertain all offers.
This Beautiful two story brick building has much to offer and can be a great investment. The first floor is hosts to a well established sports bar with dine in food. There is a billiard/ game area plus there is a bocce ball court on the side lot. The entire second floor is setup with a large apartment with 2 full baths and 6 bedrooms. There is a large attached 2 car garage and additional space that can be used by the property owner. Mechanicals have been updated and the entire building is in great shape. Note that with more than 50% of the building being residential living space it is possible that this can be approved for FHA loans permitting a low down payment (CHECK WITH YOUR LENDERS). There are approximately 6 off street parking spots and plenty of street parking as well. Property taxes are based on both parcels with 2 addresses.
This 10-unit apartment building for sale located off of 87th Street in the Avalon Park neighborhood. The property consists of 5 - one-bedrooms and 5 - two-bedroom units. Newer improvements consist of a newer roof, parking lot for5 cars, and various in unit renovations. The average rent at the property is $762. The market average for similar properties is over $900. This leaves a significant amount of rental upside for a new owner without spending large dollars on capital improvements.
Investment Opportunity! Prime Multi-Unit Apartment Building Near South Shore - Welcome to 7952 South Essex Avenue! Prime investment opportunity located just south of the vibrant South Shore area and mere minutes from the lake and major highways. This well-maintained multi-unit apartment building boasts six spacious units, each featuring a comfortable 3 bedroom/1 bath layout. Don't miss this rare opportunity to acquire a well maintained multi-unit building with immediate additional earning potential in a developing location with great potential. Schedule a time to tour today!
Come and see this beautiful 26,000sq ft property with so many possibilities. First floor alone can hold between 950 and 1200 people, think about opportunities such as Event Center, Commercial size Art Gallery, Church, Offices, Childcare or Adult-care, after-school programs, second-chances programs or a School. The 2nd and 3rd floor consists of 16 huge classrooms about 30x30 sq ft. There a Commercial size Kitchen on the 2nd floor which is about 40x40 st ft. There is another huge hall on the 2nd floor. Must see.
9139 S. Commercial Avenue is a seven (7) unit mixed-use building in the South Chicago Neighborhood. The property sits steps away from popular retail businesses and four blocks from Lake Michigan, making it an ideal living situation for tenants. Located a block northwest of the 93rd Street South Chicago Metra Station, the property provides quick and easy transit via public transportation to Chicago's Downtown. 9139 S. Commercial Avenue is comprised of one (1) retail and six (6) 2Bd/1Ba units. The retail component is occupied by a care center for children with autism, which has proven to be a loyal tenant. Above this space are open floor plans that present investors with the opportunity to completely renovate the building to include six (6) updated units. 9139 S. Commercial Avenue presents a potential investor with the opportunity to assume favorable retail rental income from a long-term tenant and completely renovate the floors above, which will create a finished product assuming market rents and great cash flow.
9901 S. Ewing Ave is an Eleven (11) unit building in the East Side neighborhood of Chicago. The building is located a block from I-90, providing quick access to Chicago's downtown. The building also sits three blocks west of Calumet Park, which provides beautiful views of Lake Michigan. 9901 S. Ewing is conveniently comprised of two (2) retail spaces, five (5) 2Bd/1Ba, and four (4) 3Bd/1Ba units. Two (2) of the 2Bd/1Ba units are located in the coach house in the rear of the building. The building is fully vacant, presenting a potential buyer with the opportunity to gut renovate the property and assume rents at market.
(((VERY Motivated Sellers just Dropped the price! ALL REASONABLE OFFERS WILL BE CONSIDERED!!))) Really Decent looking property with some Great Value Add, (still needs a bit of work)... ((8 unit / But its a Legal 6 unit & There's 2 Buildings on the property)). The property is located in South Chicago directly across the street from Bessemer Park with a great swimming pool and tennis courts and right around the corner from Baker College Prep. Several units have been renovated being unit 1B, 2B, 3A, 3B and the coach house units. All the decks have been updated and are to code. The building has some newer windows that have been installed over the past few years. The property does not have any violations and will pass all inspections. All utilities are separate and paid for by the tenants. The building is sitting at a decent cap rate of 7.14% now and that's with only 4 of the 8 units rented & occupied. If all units are rented & occupied the cap rate would be at least a solid 14% conservatively. ((48 HOURS NOTICE IS REQUIRED FOR ALL SHOWINGS PER ILLINOIS TENANTS RIGHTS))
We are offering a 11,000 square foot (5,500 1st floor, 5,500 lower level), completely renovated and secured, single story, brick freestanding building with full basement. Renovations include first-floor open floor plan with retail space- incredible heights! The lower level features a dry basement, a 23x14 private office with full bath, 23x11 file room, 20x16 cooler, and 2,500 square feet of storage space. Additional upgraded features new electrical, plumbing, HVAC, security cameras and shutters. New power (800 amp), new heating, new air. Currently vacant, great opportunity to start your own business. Great for a retailer, restaurant, dollar store or grocery store. The property sits on the corner of S. Baltimore Avenue & E. 92nd Street, with easy access from the CTA, Skyway and S. Lake Shore Drive and next door to Metra.
PRICE REDUCED!! First time on the market, a spacious lot currently used as an auto sales and automotive/mechanic shop. This auto sales lot holds at least 50 vehicles, has a very nice office, updated bathroom, separate mechanic's garage, huge storage both with overhead garage doors plus 3 additional storage areas. Entire lot including buildings measures approximately 13,800 square feet. Easy access to Chicago Skyway, Industrial area of South Chicago Avenue and high traffic area of South Stony Island on the southbound side. Currently an auto sales and mechanic shop, property is surrounded by large wrought iron fence and high 15+ foot iron/metal fencing along alley way. Very clean property with great exposure and ready for any new business opportunity. Electrical, propane heating and water access on property. No central heating but propane heating in place for space heaters. Listing agent is related to owner. PROPERTY IS SOLD "AS IS".
Attention Investors: Don't miss this chance to invest in a spacious 2-unit property with a full basement. 2 Car Detached Garage. This property is ripe for renovation, perfect for launching a new business. With two new 100 AMP electrical boxes to segregate residential and commercial power usage, this property offers a promising opportunity. Each unit will be able to be set up so they pay their own utilities. Sold AS-IS. Cash offers require proof of funds, Conventional financing requires a pre-approval. This property holds significant income potential. Great Location Near Metra, Shops, Dining, and the Beach!
INVESTORS NICE AREA. (8016-8022 S YATES) CONVENIENTLY LOCATED NEAR LAKESHORE DRIVE OR EASY ACCESS TO EXPRESSWAYS AND PUBLIC TRANSPORTATION. BEAUTIFULLY REHABBED CALIFORNIA STYLE BUILDING. THIS PROPERTY WAS REHABBED IN 2021. FULLY OCCUPIED. THIS PROPERTY OFFERS 5 (1 BEDROOMS) AND 6 (2 BEDROOMS). NEW FRONT & BACK PORCH; NEWER ROOF; COIN-OPERATED LAUNDRY; ASSIGNED PARKING. 11 WALL-UNIT A/C; TENANTS PAY COOKING, HEAT AND ELECTRIC. UPDATED IN-UNIT SERVICE PANELS. MAKE YOUR APPOINTMENT TODAY. GREAT INVESTMENT!!
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 60617 has a population of 2,722,586. Chicago 60617 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 60617 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 60617 is 34.1 years.
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.