Chicago IL Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
8,553
Status:
Active
Beds:
n/a
Lot size:
0.29 Acres
Year built:
1928
Baths:
MLS#:
12267857

ADDITIONAL INFORMATION

Welcome to the New Drexel Estates A rare investment opportunity in the vibrant and historic Chatham neighborhood, this fully gutted and meticulously rehabbed six-unit multifamily property is poised to be a cornerstone in any investor's portfolio. This building offers a total of 18 bedrooms and 13 bathrooms across six spacious units, with each unit thoughtfully designed for modern living. Each three-bedroom, two-bathroom unit features a formal living room and dining room, brand-new appliances, and individual furnaces and hot water heaters to ensure tenant convenience and comfort. Additionally, all plumbing, electrical, and gas lines have been newly installed, providing peace of mind for future owners with minimal maintenance concerns. Six new AC units have been positioned on the roof, ensuring efficient cooling and reducing maintenance needs. This property presents a secure opportunity in one of Chicago's most promising neighborhoods, making it ideal for both long-term rental income and portfolio growth. Chatham's rental market is booming, with strong demand for three-bedroom, two-bathroom units. For investors seeking additional revenue, the basement offers an opportunity to add a 7th unit, further increasing rental income and long-term profitability. Additionally, the other side of the basement space could be used as an office or shared workspace, perfect for an on-site property manager, a co-working space for tenants, or even a tenant-exclusive lounge. The existing bathroom in the basement provides flexibility to meet a variety of potential uses, making this property even more versatile and attractive to prospective buyers and tenants. With coin-operated laundry and gated parking, this property provides additional cash flow opportunities. The Chatham neighborhood is known for its strong sense of community, cultural pride, and ongoing revitalization efforts. The property is conveniently located near essential amenities, including public transportation, schools, shopping, dining, and parks. Its strategic location enhances both tenant satisfaction and long-term appreciation potential. This classic Chicago six-flat represents a turnkey investment opportunity with modern finishes, updated mechanicals, and strong rental demand. Given its attractive pricing and income potential, this property is well-positioned for both cash flow and long-term equity growth. Whether you're a seasoned investor looking to expand your portfolio or a first-time commercial buyer, this property presents a win-win opportunity. The combination of new construction quality and vintage Chicago charm makes it an ideal asset in the growing Chatham market. Don't miss this chance to secure a high-yield multifamily property in Chatham!

Type:
Other
Sq.Ft.:
5,392
Status:
Active
Beds:
n/a
Year built:
1914
Baths:
MLS#:
12310596

ADDITIONAL INFORMATION

Located just east of the I-94 Expressway, this 2 story mixed use property is located on one of the best commercial strips in the Grand Crossing/Chatham area. World famous Lem's BBQ is across the street, Brown Sugar Bakery and Mabe's Deli are next door, and A&S Beverages, which is one of the best retail Beverage Stores in the city is located next to Mabe's. This building is fully occupied, with 2 retail spaces on the ground floor, and two 3 bed/1 bath residential apartments on the 2nd floor.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1916
Baths:
MLS#:
12303452

ADDITIONAL INFORMATION

EXCITING COMMERCIAL OPPORTUNITY FOR ASTUTE INVESTORS! Located in the thriving Barack Obama Presidential Library area, this property features a part ownership stake in the renowned Chicago Doughboy Restaurant, a cutting-edge fire suppression system, and owner-owned equipment. Additionally, there's a well-established barbershop and eight 2-bedroom apartments, with tenants responsible for utilities, central air, and recent renovations. The property also includes rear parking. A fantastic cash-flowing investment awaits!

Type:
General Commercial
Sq.Ft.:
4,800
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1925
Baths:
MLS#:
12297415

ADDITIONAL INFORMATION

Don't miss out on this beautiful 6-unit brick property, ideally located just minutes from the beach, the prestigious Tiger Woods Golf Course, and the highly anticipated Obama Center! This fully occupied gem offers impressive rental income, making it a top choice for savvy investors looking to maximize their returns. Each spacious 1-bedroom unit features hardwood floors and individually controlled furnaces, ensuring low operating expenses and high profitability. The front 2 units are generously sized, offering the exciting possibility to convert them into 2-bedroom units for even higher rental income! Additionally, the basement provides a wealth of extra space and potential for future upgrades or additional amenities. This is a rare and lucrative opportunity to own a piece of prime Chicago real estate in an unbeatable location. Seize it before it's gone!

Type:
General Commercial
Sq.Ft.:
10,200
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1926
Baths:
MLS#:
12291191

ADDITIONAL INFORMATION

Taty Management, LLC is pleased to present the exclusive opportunity to acquire to 9000-9004 S Dauphine, a multi-family building comprised of 12 renovated 2 BD/1 BA units ideally located in South Shore Chicago. This well maintained property managed by Taty Management, LLC has hardwood floors, granite countertops, and full-size appliances. All of the 12 units offers specious layouts with radiators for heating

Type:
Other
Sq.Ft.:
3,750
Status:
Active
Beds:
n/a
Year built:
1985
Baths:
MLS#:
12286993

ADDITIONAL INFORMATION

CALLING SAVVY INVESTORS! Check out this 3-unit strip mall in Chicago's Greater Grand Crossing/Chatham neighborhood! Meticulously maintained! 100 E. 79th St. leased by Shark's Fish & Chicken, just renewed this year! 102 E. 79th St., Jimmy's Food Store, long term tenant! 104 E. 79th St. being offered for lease, MLS #12099923. Parking lot and alley access! Walking distance from the CTA Red Line, next to the bus stop! Less than a minute from I-90/94! Don't miss out, add this gem to your portfolio TODAY!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
12277448

ADDITIONAL INFORMATION

Contractors wanted! Building is vacant and ready for new buyer to breathe new life in to it. Buyers should buget for an extensive renovation. More damage sustained to the retail spaces than residential. 13 Residential units and 6 retail spaces. Build provides separate furnace heat. Property can be purchased in a portfolio with 7854 S Ellis (MLS #12277104) and 8200 S Cottage Grove Ave (MLS #12277440).

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
12277440

ADDITIONAL INFORMATION

Contractors wanted! Building is vacant and ready for new buyer to breathe new life in to it. Buyers should buget for an extensive renovation. More damage sustained to the retail spaces than residential. 8 Residential units and 6 retail spaces. Property can be purchased in a portfolio with 7854 S Ellis (MLS #12277104) and 404 E 79th (MLS #12277104)

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
12277104

ADDITIONAL INFORMATION

Contractors wanted! Building is vacant and ready for new buyer to breathe new life in to it. Property sustained a fire. Buyers should buget for a full gut renovation (new roof, plumbing, electric, etc.). 22 Residential units and 7 retail spaces. Property can be purchased as portfolio with 8200 S Cottage Grove Ave (MLS #12277440) and 404 E 79th St (MLS #12277448)

Type:
Church/School
Sq.Ft.:
32,549
Status:
Active
Beds:
n/a
Lot size:
0.86 Acres
Year built:
1920
Baths:
MLS#:
12274945

ADDITIONAL INFORMATION

Crerar Memorial Presbyterian Church, is a stunning three story facility. The sanctuary hold's 350 to 400 congregants. At approximately 32,000 square feet, the asset includes a church, school, offices, meeting rooms, a tower structure, fellowship hall, kitchen and gymnasium with a stage. The building(s) has about nine (9) bathrooms, three (3) of which have been updated. The masonry, roof and gutters to be well-maintained. The center building's roof have HVAC Units. These units heat and cool the two-story office and meeting room of the center building. The church is cooled by central air conditioning and heated with a boiler. Acquire this facility for special use as a church, school, art museum or for new development. Needing a new boiler the asset is being sold as-is. The building structure sits on a 37,518 square foot parcel of land which includes a highly valued forty (40+/-) car, asphalt parking lot.

Type:
General Commercial
Sq.Ft.:
4,680
Status:
Active
Beds:
n/a
Year built:
1964
Baths:
MLS#:
12268665

ADDITIONAL INFORMATION

Amazing 5-unit property in the Chatham neighborhood! This fully occupied professionally managed building is in great condition and very well-maintained. This property consists of 2bed/1bath and 1bed/bath units with all units in great condition. The units feature luxury vinyl plank flooring and are all equipped with a refrigerator and stove. This property is perfect for the savvy investor to start collecting rent immediately as the property is occupied with great tenants in place!

Type:
Mixed Use
Sq.Ft.:
6,826
Status:
Active
Beds:
n/a
Year built:
1958
Baths:
MLS#:
12268066

ADDITIONAL INFORMATION

Well maintained 10,375 sf mixed-use building having 6,058 sf of building area is situated along the busy 87th Street business corridor. The building has ground floor office space, consisting of two occupied medical offices and one 800 SF space, freshly painted and ready to rent or house your business. The second floor has two apartments (a 1-bed, 1-bath and a 3-bed, 2-bath). The offices are interconnected and could all be occupied by a single tenant or could remain leased to two or more tenants. The property includes 14 on-site parking spaces. All tenants are long term. Easy access to the Dan Ryan Expressway, CTA Red Line, CTA bus #87 and Metra. Neighboring businesses include McDonald's, O'Reilly Auto Parts, a Clarks gas station, and several offices, retail and commercial services. Strip mall located a few blocks east houses both national and regional tenants, including Athletico, T-Mobile, Wing Stop, H and R Block and Pete's Produce grocery store. Solid building, below market rents, great location with steady traffic flow of 13,500 vehicles per day....makes for a great investment opportunity.

Type:
Retail
Sq.Ft.:
8,000
Status:
Active
Beds:
n/a
Year built:
1922
Baths:
MLS#:
12194617

ADDITIONAL INFORMATION

Seize this incredible chance to own over 8,000 sq. ft. of commercial space in a prime location just seconds from Stoney Island and across from the historic former Sears Roebuck Company. With the potential for up to 7 units and all-new underground plumbing already installed, this property is ready for your development ideas. The possibilities are endless! Immediate possession is available, and the owner is open to all serious offers. Drive by first and see the potential for yourself. Serious inquiries only!

Type:
General Commercial
Sq.Ft.:
5,200
Status:
Active
Beds:
n/a
Year built:
1940
Baths:
MLS#:
12264761

ADDITIONAL INFORMATION

Excellent Chatham location with ideal visibility at the Dan Ryan and 83rd St. Free standing 5,200 SF 2nd generation restaurant space with large windows along entire facade and 28 parking spaces. Ideal for restaurant, medical office, dental offices or Coworking space.

Type:
General Commercial
Sq.Ft.:
7,518
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1922
Baths:
MLS#:
12264554

ADDITIONAL INFORMATION

Don't miss out on this remarkable investment opportunity in the vibrant Chatham area! This meticulously cared-for property features six occupied units, each home to long-term tenants, making it a solid income-producing asset. The versatile finished basement can be utilized for additional living space or possible extra rental income. Rich historic details, including hardwood floors, charming fireplaces, and intricate trim work, highlight the property's character. Recent improvements, such as energy-efficient vinyl windows and updated bathrooms, provide an excellent mix of classic charm and modern amenities. With a spacious laundry area, a 4-car brick garage, and a pristine interior and exterior, this property stands out. Located conveniently near local shops and public transport, this is a rare chance for savvy investors to secure a unique and profitable property in Chatham. Take advantage of this chance to transform this space into your next lucrative investment!

Type:
Other
Sq.Ft.:
6,000
Status:
Active
Beds:
n/a
Year built:
2014
Baths:
MLS#:
12259103

ADDITIONAL INFORMATION

Investment is a newer 6,000sf multi-tenant retail center on a 16,917sf site. Property is fully leased with 5 tenants. The property is professionally managed. The property is located on the west border of Chicago's Greater Grand Crossing Community. The property was built in 2014. Property features include a maintenance-free PVC roof, newer HVAC systems, and long-term quality tenants. The site is located one block east of the Dan Ryan Expressway on the south side of the street.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1928
Baths:
MLS#:
12223410

ADDITIONAL INFORMATION

Wonderful all brick 6 unit in Chatham. Fully occupied. One 3- bedrooms unit. Two 2-bedrooms units and three 1-bedroom units. Each unit has dining room, living room. 3-car newer garage. Laundry in the basement plus 2 extra rooms for storage. New insulation in the attic. Low Taxes. Great Investment opportunity. Schedule your showing today.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1969
Baths:
MLS#:
12162970

ADDITIONAL INFORMATION

Come take a look at this mixed use 3 story building, waiting on the right investor to rehab and start making money. Put your business or office on the ground floor and collect rent from the 8 apartments (2beds/1bath) with 10 parking spaces! Recently Appraised at 362k (December 2024)

Type:
Business Opportunities
Sq.Ft.:
4,500
Status:
Active
Beds:
n/a
Year built:
1953
Baths:
MLS#:
12222741

ADDITIONAL INFORMATION

4,500 square foot automotive shop on corner lot ready for a new owner. Good size customer waiting area and alarm system. 2 overhead doors with a car lift included. All other equipment is included also.

Type:
Retail
Sq.Ft.:
4,000
Status:
Active
Beds:
n/a
Year built:
1949
Baths:
MLS#:
12221655

ADDITIONAL INFORMATION

4,000 square foot automotive shop on corner lot ready for a new owner. 4 overhead doors with 4 car lifts included. All other equipment is included also.

Type:
Office
Sq.Ft.:
2,100
Status:
Active
Beds:
n/a
Year built:
1924
Baths:
MLS#:
12220448

ADDITIONAL INFORMATION

Attractive +/- 1,440 sf building has office and/or retail uses. Currently laid out with one oversized office, 4 cubicle spaces, 3 washrooms (one with a shower!). There is a kitchenette and a partial basement. The garage (+/- 384 sf) is connected and convereted into office and storage space. 12+ ft ceiling height with can lighting. The building has rolling security shutters on both doors. The roof looks great. As Is sale. There is office furniture in the building that can be included in the transaction.

Type:
Other
Sq.Ft.:
7,200
Status:
Active
Beds:
n/a
Year built:
2008
Baths:
MLS#:
12218841

ADDITIONAL INFORMATION

Introducing a prime investment opportunity in Chicago, IL - a fully occupied 7,200 SF retail/strip center built in 2008. Zoned B3-1, this property boasts full occupancy, presenting a stable and lucrative income stream. The inclusion of a liquor store in the sale enhances the investment appeal, catering to the diverse needs of the densely populated area. Strategically located in a high-traffic zone, this property offers an exceptional chance for retail/strip center investors to capitalize on a well-maintained, income-producing asset in a thriving market.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
1913
Baths:
MLS#:
12218179

ADDITIONAL INFORMATION

FANTASTIC INVESTMENT OPPORTUNITY!! BEAUTIFUL 8 UNIT BRICK BUILDING COMPLETELY UPDATED EXCEPT 1 UNIT ( LONG TERM TENANT THAT DIDN'T WANT HIS UNIT TO BE UPDATED). SEPARATE ELECTRIC/GAS, OWNER PAYS WATER AND HEAT. NEW WATER HEATERS, BOILER, BASEMENT LAUNDRY AREA WITH A BATHROOM, NEW CONCRETE PARKING PAD IN THE BACK ALONG WITH A 2 CAR GARAGE, ENCLOSED REAR PORCHES, THE FRONT 4 UNITS HAVE BRICK BALCONIES. NOTHING TO DO BUT TAKE OVER AND COLLECT RENT!!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1929
Baths:
MLS#:
12203740

ADDITIONAL INFORMATION

This prime mixed-use building presents an exceptional investment opportunity, featuring eight residential units and three spacious storefronts, all completely vacant and ready for revitalization. Positioned in a sought-after location, this property is perfect for investors looking to maximize returns through strategic renovations or immediate leasing. With significant potential for value-added improvements and diverse revenue streams from both residential and commercial tenants, this property is an ideal canvas for those looking to create a high-yielding asset. Don't miss out on the chance to unlock the immense potential this building offers! This property offers a possible bulk sale opportunity for the right investor, as we currently have 11 active listings, 12259885, 12217325, 12210999, 12127019, 12148422, 12203753, 12137446.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
12167770

ADDITIONAL INFORMATION

Cash Flow Around 13 cap!!! BRICK 6 UNIT (3) 2 BDRM &(3) 1 BDRM. ALL HAVE FORMAL DINING ROOMS. 1BR units can be converted to 2brs. Updated Kitchen and Bathrooms. NEW 400 AMP SERVICE, Recent boiler. Newer Tuckpointing AND 3 CAR GARAGE.

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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 $199,950. This is lower 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 $199,950. 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 60619 has a population of 2,742,119. Chicago 60619 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 60619 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 60619 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

    $199,950
    10.1% change since last quarter
  • # Active listings

    333
    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
ASHE Elementary School KG - 08 351 17.4 60619
Avalon Park Elementary School PK - 08 335 20.2 60619
Burnside Elementary Scholastic Academy PK - 08 594 15.2 60619
Deneen Elementary School PK - 08 597 18.5 60619
Disney Elementary Magnet School PK - 08 1,650 19.5 60613
Dixon Elementary School PK - 08 640 21.3 60619
Dulles Elementary School PK - 08 767 20.7 60637
Gillespie Elementary School PK - 08 501 15.4 60619
Madison Elementary School PK - 08 201 15.6 60619
McDade Elementary Classical School KG - 06 182 14.8 60619
McDowell Elementary School PK - 05 181 16.9 60619
Neil Elementary School PK - 08 297 12.4 60619
Parker Elementary Community Academy PK - 08 758 18.7 60621
Peck Elementary School PK - 08 1,633 19.6 60629
Pirie Elementary Fine Arts & Academic C PK - 06 333 19 60619
Revere Elementary School PK - 08 283 17.2 60619
Ruggles Elementary School PK - 08 409 17.3 60619
Sawyer Elementary School KG - 08 1,800 21.9 60632
Tanner Elementary School PK - 08 396 17.3 60619
Washington H Elementary School PK - 08 435 15.8 60619

Middle Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Camelot Safe Academy HS 09 - 12 0 60649
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
Madero Middle School 06 - 08 323 17.9 60623
Magic Johnson - Roseland HS 09 - 12 0 60649
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
Camelot Safe Academy School 07 - 12 43 7.3 60649
Curie Metropolitan High School 09 - 12 3,040 17 60632
Hirsch Metropolitan High School 09 - 12 200 11.3 60619
Lane Technical High School 07 - 12 4,057 19.4 60618
Lincoln Park High School 09 - 12 2,261 18.1 60614
Schurz High School 09 - 12 2,283 16 60641
Simeon Career Academy High School 09 - 12 1,401 18.3 60620
South Shore Intl Col Prep Hs 09 - 12 668 16.5 60649
Taft High School 07 - 12 3,185 17.5 60631
Winnie Mandela High School 09 - 12 135 22.5 60649
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 60619

Metric Zip Code City
Neighborhood Type Inner City Inner City
Population 62,992 2,742,119
Population Density 10,462 12,060
Median Age 40.9 35.1
People per Household 2.3 2.4
Median Household Income 43,329 65,781
Average Income per Capita 27,002 41,821