Chicago IL Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1928
- Baths:
- MLS#:
- 12026762
View additional info
Courtesy: Jameson Sotheby's Intl Realty
312-751-0300
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!
- Type:
- Church/School
- Sq.Ft.:
- 6,716
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- 12048507
View additional info
Courtesy: Century 21 S.G.R., Inc.
312-326-2121
ADDITIONAL INFORMATION
CHURCH WITH DAYCARE CENTER BUILDING. This beautiful 300 seated Church Sanctuary in Park Manor has Gorgeous Cathedral Ceilings with stunning Stained Glass Chandeliers and Beautiful Kneeling Communion Railing, a Baptism Pool, Hammond Organ, Baby Grand Piano, Large Choir Loft, a Pastors Office and a ground level Handicapped Bathroom. Fellowship Hall with a Stage in lower level with a Women's Restroom, Men's Restroom, two offices, and a Kitchen area. The Church sits on 13,000 sq feet of land with an adjacent parking lot.
$500,000
415 E 80th Street Chicago, IL 60619
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- 12047979
View additional info
Courtesy: Cynthia Frye
312-560-5455
ADDITIONAL INFORMATION
Chatham 9 units New Entry Doors 4 updated apartment updated electrical service. The property consist of 9 units 2 bedrooms 1 bath. Several units well below market value with huge potential for sufficient rental increases in rental income. Close to public transportation, epressway, shopping and schools. SOLD AS IS. Seller is related to agent.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 12044190
View additional info
Courtesy: Millennium Properties RE, Inc.
312-338-3000
ADDITIONAL INFORMATION
7236 S University is a center entrance apartment building in the Pocket town neighborhood. The building consists of three (3) three-bedroom / one-bathroom units, three (3) two-bedroom / one-bathroom units. Many updates including newer furnace, updated kitchens and baths, in-building laundry. Large units with partial subsidized rents.
$370,000
1420 E 87th Street Chicago, IL 60619
- Type:
- Other
- Sq.Ft.:
- 7,870
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1959
- Baths:
- MLS#:
- 12031036
View additional info
Courtesy: eXp Realty, LLC
888-574-9405
ADDITIONAL INFORMATION
Located at 1420 E 87th in Chicago's vibrant Avalon Park community, this unique mixed-use gem offers endless potential for investors and entrepreneurs alike. This masonry exterior building has been transformed into an entertainment venue, revitalizing the historic space. With a building size of 7,870 sq ft, two units including a residential apartment and a commercial space, and a lot size of 3,125 sq ft, this property offers ample space and flexibility for various uses. Zoned B3-1 and situated in a bustling area with high visibility and easy access to amenities, transportation, and a diverse customer base, this property is ideal for creative entrepreneurs looking to continue the entertainment venue concept or explore new possibilities such as a restaurant, cafe, art gallery, retail space, educational center, medical center. Additionally, the upper-level apartment provides a convenient living space or rental income opportunity. With its unique history and layout, this property is a prime candidate for adaptive reuse projects and offers a smart investment with multiple revenue streams. This property has multiple PINs. 1424 E. 87th includes PIN 20354130400000/Taxes for 2022 were $3407.46. 1420 E. 87th includes PIN 20354130390000/Taxes for 2022 were $2400.40. 1418 E. 87th includes PIN 20354130380000/Taxes for 2022 were $1047.55. 1414 E. 87th includes PIN 20354130370000/Taxes for 2022 were $1,080.19.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1926
- Baths:
- MLS#:
- 12028434
View additional info
Courtesy: Keller Williams ONEChicago
312-216-2422
ADDITIONAL INFORMATION
The property located at 8031-35 S. Drexel Ave. in the Chatham neighborhood of Chicago, Illinois, represents a significant investment opportunity within the real estate market. This 12-unit residential building, fully renovated in 2014, offers a balanced mix of one and two-bedroom units, all benefiting from a subsidy arrangement with the Chicago Housing Authority (CHA). The property is under a 30-year contract with CHA, ensuring stable and secure revenue until at least 2044. Renovation: Full gut renovation in 2014 Units: 12 total 6 one-bedroom/one-bathroom units 6 two-bedroom/one-bathroom units Subsidy: All rents subsidized by CHA Contract: 30-year agreement with CHA, initial term until 2044 Financial Overview Purchase Price: $892,000 Cap Rate: 8.75% Net Operating Income (NOI): $78,067 Gross Rent Multiplier (GRM): 5.79 Investment Highlights Stable Income Stream: The CHA subsidy and long-term contract offer a secure and predictable income, minimizing vacancy risks and financial fluctuations. Favorable Financial Metrics: With a cap rate of 8.75% and a GRM of 5.79, the property presents a compelling investment opportunity, indicating strong income potential relative to the purchase price. 8031-35 S. Drexel Ave. offers a unique and lucrative investment opportunity in the Chatham neighborhood of Chicago. With all rents subsidized by CHA, a favorable unit mix, and solid financial indicators, this property is well-positioned for investors seeking stable returns and long-term capital growth. The recent renovation and ongoing CHA contract further underscore the attractiveness of this investment, promising a blend of immediate income generation and future value appreciation.
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1923
- Baths:
- MLS#:
- 12019978
View additional info
Courtesy: Berkshire Hathaway HomeServices Starck Real Estate
708-448-6100
ADDITIONAL INFORMATION
This is your opportunity to start your new business endeavor. Great redevelopment space in a high traffic area, close to highway, public transportation and other businesses. Vacant. Sold AS-IS. Previously used as a gas station. Make your appointment today!
- Type:
- Other
- Sq.Ft.:
- 5,500
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1913
- Baths:
- MLS#:
- 12008656
View additional info
Courtesy: Engel & Voelkers Chicago
773-797-9500
ADDITIONAL INFORMATION
Fabulous corner location in residential neighborhood. Great visibility. Beautiful half-round windows are echoed on the interior as architectural features of the property's walls. This potential-filled location is distressed, and awaits your purpose. City services of electricity, heat, water are not connected. Bring your flashlight to tour. Buyer responsible for back taxes and any city fines. Taxes Due for Multiple Years. Due as of 6/6/24: 2021 - $17,005; 2022 - $15,095; 2023 - $7,312
$5,500,000
8102 S Maryland Avenue Chicago, IL 60619
- Type:
- General Commercial
- Sq.Ft.:
- 25,184
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- 12007552
View additional info
Courtesy: Compass
312-319-1168
ADDITIONAL INFORMATION
****THIS BUILDING IS PART OF AN REO PORTFOLIO SALE AND INCLUDES 5 BUILDINGS (118 TOTAL UNITS): (1) 8100-8110 S Paulina St, Chicago IL 60620, (2) 8200 S Paulina St, Chicago IL 60620, (3) 8102 S Maryland Ave, Chicago IL 60619, (4) 7157 S Yale Ave, Chicago IL 60621, (5) 7849 S Escanaba Ave, Chicago IL 60617.****** /// 8102 S Maryland Ave is a 26-unit building in Chicago's southwest Chatham neighborhood. This building is comprised of twenty-six (26) one bed/one bath units. Building is partially occupied with tenants but may require some light/moderate rehab. Built in 1930 and boasting 25,184 sq ft of space, 8102 S Maryland Ave offers a unique investment opportunity to contribute to the revitalization of the Chatham neighborhood.
$545,000
414 E 71st Street Chicago, IL 60619
- Type:
- Other
- Sq.Ft.:
- 4,800
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1915
- Baths:
- MLS#:
- 12002638
View additional info
Courtesy: Be Realty, LLC
773-234-3363
ADDITIONAL INFORMATION
Prime commercial corner property successfully run as a neighborhood street level retail center with longtime laundromat, nail salon and beauty supply tenants. This 4,800 SF freestanding three unit building produces an 11.6% current cap rate and has 148 ft 71st Street frontage. The building is 100% occupied and each tenant just signed new three or five year leases. Located in Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Easy access to the Edens Expressway and The Skyway. Nearby intersection has 25,000+ VPD. Zoned B3-1 - Community Shopping District. Located in the 67th/Wentworth TIF District and in a Neighborhood Opportunity Grant district.
- Type:
- Other
- Sq.Ft.:
- 12,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Year built:
- 1956
- Baths:
- MLS#:
- 11995054
View additional info
Courtesy: RE/MAX 10 Lincoln Park
773-348-8500
ADDITIONAL INFORMATION
Discover the unparalleled potential of 7920 S Greenwood Ave, a remarkable 12,500 square foot gem nestled in Chicago's vibrant Chatham community. Formerly an adult day care center, this awe-inspiring facility underwent a breathtaking transformation in 2021, evolving into a dynamic hub tailored to meet the diverse needs of multiple businesses, spanning technology, hair/skin care product manufacturing, and consulting. Step into the southern side of this extraordinary space and be greeted by two meticulously renovated office spaces, complemented by a brand-new office exuding contemporary elegance. A revamped mail room/IT room sets the stage for seamless operations, while a transformed library now boasts a state-of-the-art multimedia conference room, designed to inspire collaboration among teams of 8-12 visionaries. Indulge your senses in the southern realm's culinary haven-a fully equipped kitchen beckoning culinary creativity. Across the expanse, an airy open room hums with artisan manufacturing prowess, adjoined by a capacious garage that will house over 10 cars, effortlessly accessed by a roll-up door. Completing this sanctuary are two lavishly appointed bathrooms, adding a touch of luxury to every corner. Journey to the northern side of this architectural masterpiece, where two expansive offices await, each a sanctuary of productivity and innovation. A revitalized welcome area/lobby greets guests with sophistication, while a sprawling open space beckons as the perfect canvas for transformative conferences or additional office sanctuaries. This wing also houses two additional bathrooms, alongside raw, unrenovated space ripe with potential for conversion into co-working paradises. Bask in the glow of recent updates-a meticulously repaired roof, meticulous tuckpointing and masonry work, plumbing enhancements including a new water heater and four gleaming toilets, and the installation of some new doors, elevating the ambiance of the conference room and lobby with an air of contemporary chic. Envision the limitless possibilities of this extraordinary space, originally envisioned as a beacon for entrepreneurial spirits, startups, and non-profit entities seeking to carve their path to success. This Property is Being Sold As Is, this unparalleled opportunity invites you to step into a realm where dreams are born and greatness is realized.
$1,137,000
7300 S Kimbark Avenue Chicago, IL 60619
- Type:
- Mixed Use
- Sq.Ft.:
- 25,500
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1951
- Baths:
- MLS#:
- 11993446
View additional info
Courtesy: 33 Realty
773-327-4975
ADDITIONAL INFORMATION
We are pleased to offer for lease 7300 S Kimbark, a 25,500 SF industrial facility that is composed of an 18,000 SF masonry building ($7/SF) and a 7,500 SF ($9/SF) steel shed building. The property has extensive outdoor parking and storage options. The property has upgraded electric (400 amps, 480 volts, 3 phase), two over-head drive-in doors, one dock-high door, and is zoned M1. Please contact for additional information
$220,000
350 E 87th Street Chicago, IL 60619
- Type:
- Other
- Sq.Ft.:
- 600
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1949
- Baths:
- MLS#:
- 11967292
View additional info
Courtesy: Carter Realty Group
815-582-3953
ADDITIONAL INFORMATION
Looking to own your business, become an entrepreneur and build your portfolio? Look no further... This Brick/Concrete Stand-Alone Building has plenty of interior space to use as a relaxing salon, professional private office, restaurant, retail shop or other business ventures you plan to open... the roof, water heater, flooring and air conditioner all newer - under 3 years old... the spacious back gated exterior lot can be used for outdoor entertainment, private parties, relaxation after a hard day's work... the back can also be turned into 6-10 car parking spaces.... Being sold "AS IS" and Salon Equipment is being sold separate as well. Call today for your private showing today.
$173,900
1215 E 87th Street Chicago, IL 60619
- Type:
- Retail
- Sq.Ft.:
- 1,450
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1970
- Baths:
- MLS#:
- 11848824
View additional info
Courtesy: Williams Realty and Investment
773-340-3535
ADDITIONAL INFORMATION
Conveniently located free standing retail building with plenty of parking. This building has excellent visibility and a large pylon sign. This building provides endless possibilities for office/retail/event space/restaurant/art gallery, etc. As-Is
$399,000
1401 E 87th Street Chicago, IL 60619
- Type:
- Mixed Use
- Sq.Ft.:
- 6,826
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1958
- Baths:
- MLS#:
- 11820183
View additional info
Courtesy: @properties Christie's International Real Estate
773-472-0200
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.
$200,000
611 E 75th Street Chicago, IL 60619
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 11746383
View additional info
Courtesy: F.J. Williams Realty LLC
708-499-5600
ADDITIONAL INFORMATION
Back on the market this two unit mixuse building pays your mortgage frist floor is lease out on month to month and the second floor is a three bedroom apartment just move right in or rent it out a must see separted heat call agent for more details the seller is motivated
$1,100,000
700 E 91st Street Chicago, IL 60619
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.92 Acres
- Year built:
- 1933
- Baths:
- MLS#:
- 11491469
View additional info
Courtesy: Century 21 Circle
708-424-1199
ADDITIONAL INFORMATION
Commodity property for sale - the parish campus of the former St. Joachim Catholic Church in Chicago's Chatham community - includes a church, the rectory, the school, and an adjacent parking lot with 26 spaces. Currently the school is being leased - to be sold as a package only with the existing lease. Zoning is now RS2. The church and attached rectory have a common address - 700 E. 91 Street. The school's address is 9035 S. Langley. The vacant parking lot has an address of 712-14 E. 91 Street. The total land area for sale is .92 acres, or 40,073 square feet. The church building was dedicated in 1895 and completely renovated with brick exterior in 1933. There is a partial and unfinished basement. The church has an above-ground area of approximately 8,000 sq ft with a masonry exterior and a concrete foundation. The sanctuary/worship space has fifty pews of various sizes and seats nearly 450 worshippers and a ceiling height of 35 feet. The basement is nearly 2,000 sq ft. There is also a sacristy, a vestibule/gathering space, an organ/choir loft, and a main level common restroom. The church has a 200amp electric service and two air handling air conditioning units in the basement. The radiator hot water heating system for the church is now located in the school building. The roof is covered with fiberglass shingles. The adjacent and attached rectory is an architectural masterpiece and was built about 75 years ago. It's an all-masonry building with a partial and unfinished attic and a full basement. The above ground living area is approximately 5,900 sq ft. The first floor has offices, a formal dining room, large cabinet kitchen, two bathrooms, and a bedroom. The upper level has a suite with living room, bedroom, and private bathroom, another family room, four bedrooms with shared baths, and an office. The basement is unfinished but houses the laundry area, boiler room, storage, and a bathroom. Per a recent building assessment, it has a 200amp 1-phase 3-wirw electrical service and a Weil-McClain LGB-7 boiler for radiator heat - installed in 1994. The rectory has a central air conditioning system located in the walk-up attic. The school is a three-story masonry constructed building. Above-ground building area is 24,000 sq ft +/- and housed originally ten classrooms. The building is now rented to a charter high school with the tenant covering the costs for electric, water, and sewer, plus a portion of the gas. The tenant has invested in interior upgrades. The school's ground level/basement has a dining room with a stage, a kitchen, and two restrooms. The building has a 1,200=amp 3-phase 4-wire electrical service and one Kewanee boiler in the basement. It's cooled by window AC units. The parking lot to the east of the church is paved, fenced, and can park up to 26 vehicles. This lot is leased currently to the school. There is another paved parking area for seven vehicles located behind the rectory. The property has three PINs. The entire parcel is to be sold "as is" only. A unique opportunity to repurpose, transition, or develop the property for its highest and best use.
$149,900
558 E 75th Street Chicago, IL 60619
- Type:
- Other
- Sq.Ft.:
- 3,816
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1907
- Baths:
- MLS#:
- 11199803
View additional info
Courtesy: Keller Williams Preferred Rlty
708-798-1111
ADDITIONAL INFORMATION
Great Investment Opportunity for all contractors and investors! Mixed Residential and commercial building with 5 large apartment units and a storefront. The building has 3 2-bedroom, 1-bath; 2, 1-bedroom 1 bath apartments. Each unit has a spacious floor plan with lots of natural lighting, large living rooms, kitchens, bedrooms, lots of closet space, and porches. Storefront has unfinished floor joist and 1/2 bath. Basement is ideal for storage. This building sits on a large lot that offers lots of private parking. Property Sold As-Is. Schedule your tour today!
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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 60619 has a population of 2,722,586. Chicago 60619 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 60619 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 60619 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.