Chicago IL Commercial for Sale

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.

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.

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)

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.

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.

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.

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.

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 ROOF, 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!!

ADDITIONAL INFORMATION

Opportunity to own a Beautiful 6-unit brick property, ideally situated just minutes from the beach, Tiger Woods golf course, and the Obama Center! This fully occupied gem boasts impressive rental income and an exceptional cap rate around 15%! Making this a prime choice for savvy investors. Each of the 1-bedroom units features hardwood floors and individually controlled furnaces, ensuring low operating expenses and maximizing your returns. The front 2 units are LARGE and could possibly be converted to a two bed. The property's basement offers a ton of additional space and potential for upgrades and extra income, providing even more value and opportunity. Don't miss your chance to invest in this prime Chicago real estate.

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!

ADDITIONAL INFORMATION

Chicago's Chatham Neighborhood - Established location Previously Mather Cafe and Ooh We It Is restaurant. Excellent one of a kind location in Chatham at Dan Ryan and 83rd St. 5,053 SF building with 28 car secured parking lot. Property includes 6' hood, large seating areas and 4 bathrooms and private offices. Kitchen only has sinks and no other equipment is included with the property. Potential to convert to Medical office or other office use.

ADDITIONAL INFORMATION

WOW!! Please come to see this 8- unit Chatham property. It is well maintained by on premises ownership. Each unit is 2 bedroom and 1 bath with the third floor east unit having a view of the city. The building has 2 coin operated washer and dryers on the first floor and close to public transportation. The parking area in the rear of the building has secure gated access. Don't miss a chance to schedule a viewing of this great investment opportunity!

ADDITIONAL INFORMATION

Redone Roof in 2021, New tuckpointing completed in 2020, New Gutter system installed in 2021, Foundation tuckpointing completed in 2022. New apartment furnaces installed in 2021, 3 New A/C condensers installed in 2020, & 2021. New Front building entry door installed in 2020.

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!

ADDITIONAL INFORMATION

This massive site formerly housed the historic Charles S. Jackson Funeral Home. The possibilities are endless. Located on a busy street with many other Retail businesses. Priced to Move. Property needs complete rehab. Vacant & Easy to show. Short notice OK. OFFERS DUE BY NOVEMBER 14, 2024 AT 3:00 PM, AWARD DATE NOVEMBER 21, 2024 AT 5:00 PM. Immediate possession at closing. Property being sold AS-IS, Tax prorations, No survey provided - Special Warranty Deed conveyance. Please do your own due diligence prior to offer submission. Proof of funds required with all offers. This property is mixed-use and all offers should include a plan to include residential.

ADDITIONAL INFORMATION

Everybody wants Chatham, but only a few properties come up for sale that are in the heart of Chatham between State and King Drive. This 8-unit gem has been owned by one family since 1956. Has spacious units with dining rooms and large kitchens. There are 4 - 2 bedroom units and 4- 1bdrm units. Most units have dining rooms. Not found in the average commercial buildings. This property was built for family living. Has 4 car garage and ample rear yard for those lazy summer outdoor activities. Let's talk... This is a great building for a family or for an investor looking to get maximum return on investment. Cause everybody want to live in a community that shows the pride of ownership. Let's be clear, the current rents do not reflect earning potential because of long term tenants. The heirs have decided to give another owner the experience and pleasure of Chatham ownership. A Quiet block, close to schools, shopping and transportation. This is the heart of Chatham. A great place to raise a family or spend your retirement. No problem getting good tenants in this area. Come and see why Chatham is the most desirable far southside community in Chicago. This is an area with long term tenants and owners where neighbors really know each other. Buyers must be pre-qualified. No offer accepted without lender approval . This is not your typical apartment building. This property has been lovingly cared for by one family for more than sixty years. Roof was recently re-coated as part of regular maintenance program. Got a big family? This building is the answer to a prayer. This could be your ticket to generational wealth building.

ADDITIONAL INFORMATION

Investment opportunity! Brick 6-unit building close to Chicago State University. Nicely updated 3 bed/1 bath units. Enclosed yard with front gate intercom. Kitchens includes fridge, range, microwave, and dishwasher. Furnace/water heater in each unit. Common laundry. 4-car garage. Easy access to shopping, public tran, parks, and the lake!

ADDITIONAL INFORMATION

Incredible investment opportunity in West Chatham! Well maintained building with opportunity to increase rents significantly with unit improvements. Building has 2 commercial units rented to a religous organization and tshirt retailer paying 1,050 and 1,300 respectively. 8 residential 1bed/ 1bath units above that are all on month-to-month leases paying rents of 675/ month on average. Recent tuckpointing project completed. Separetly metered gas and electric with 400 amp service to building. Water heater just 4 years old. Income producing basement serving as storage. Parking pad in rear of building not being monetized.

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!

ADDITIONAL INFORMATION

Crerar Memorial Presbyterian Church, is a stunning three story, approximately 32,000 square foot structure. The asset includes a church, school, offices, meeting rooms, a tower structure, fellowship hall with kitchen and gymnasium with a stage. The building(s) has about nine (9) bathrooms, three (3) of which have been updated. The roof and gutters appear to be well-maintained. The center building's roof has 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 heat 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 forty (40+/-) car, asphalt, and parking lot. History: In 1897, the Second Presbyterian Church constructed a facility near 59th and Indiana named Crerar Chapel. In 1908 a newer, larger building was constructed on the corner of 57th and Prairie Avenue to house the officially organized congregation Crerar Memorial Presbyterian Church. It is understood portions of the church were built around 1948 and earlier. The corner stone on the tower structure reads MCMXXVIII or 1928.

ADDITIONAL INFORMATION

Cash Flow around 13 Cap!! Stable 6 unit building. All tenants subsidized rent. Great returns on this Turn Key building! Potential to increase rents for higher returns!

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.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

This newly remodeled mixed-use building presents a unique investment opportunity with 14 income-producing units, comprising 6 residential apartments and 8 retail/office storefronts. Residential Units: Total: 6 units Configuration: (5) 1 bed/1 bath units and (1) 2 bed/1 bath unit Retail/Office Storefronts: Total: 8 units Features: Gas, forced heat, and central air Location & Accessibility The property is conveniently located close to Metra 79th St Station Interstate highway Investment Potential Opportunity Zone: Situated in an Opportunity Zone, this property qualifies for various city grants, providing additional financial incentives for investors. Community and Amenities: With its prime location, ample amenities, and a strong sense of community, this property is poised for consistent occupancy and income generation. Building Condition: The building violations with the City of Chicago have been mostly cleared, with the exception of four violations that the owner is actively working on resolving. 7900 S Drexel Ave is a strategically located, newly remodeled mixed-use asset offering significant income potential and long-term growth. Its residential and commercial units, combined with the benefits of being in an Opportunity Zone, make it an excellent investment for those seeking robust returns in the Chicago real estate market. Don't miss the chance to capitalize on this prime investment opportunity.

ADDITIONAL INFORMATION