Chicago IL Commercial for Sale

ADDITIONAL INFORMATION

Incredible opportunity for aspiring restaurateurs and investors! With a fully functional restaurant space of 1600 square feet, complete with top-of-the-line equipment (owner is open to negotiating sale of equipment). The added features, such as the basement with a security center and office, enhance its functionality. Entire building was a gut rehab in 2020. The 2nd-floor apartment, also 1600 square feet, offers a perfect living space with three bedrooms and two bathrooms, not to mention the large back deck-ideal for relaxation or entertaining. The 2-car garage and crawl space add extra storage convenience. The current rental income of $1500/month until the end of 2024 presents a steady cash flow while you explore the restaurant business. With a motivated seller and a competitive price, this property is certainly a must-see for those looking to create their dream restaurant while enjoying the benefits of living above it. Don't let this opportunity slip away! Come see today!!

ADDITIONAL INFORMATION

GORGEOUS 9-unit Multifamily in Auburn Gresham. Large spacious 1, 2 & 3 bedroom units. Some units newly renovated. Newer boiler and hot water heater. Porches are mid-life and in need of light maintenance. Most units are rented well below market rates to long-term tenants. Tremendous opportunity for an investor to improve operations and maximize income. Strong public and private investment in the area. Close to schools and single-family homes.

ADDITIONAL INFORMATION

~6,000 Sq Ft freestanding retail / commercial building for sale on a 7,188 Sq Ft lot. Property needs complete rehab and is priced to move. Property being sold AS-IS, Tax prorations, no survey provided. High-visibility location with traffic of over 22,000 vehicles per day and a Walk Score of 81. Easily accessible to public transportation, located on CTA #79 79th bus route, 0.1 miles from CTA #9 Ashland / Ashland Express bus route, and 0.1 miles CTA #169 169th / UPS Express bus route. Please review CCLBA Offer Checklist before inquiring and please note that all offers must be submitted via the CCBLA link. OFFERS DUE BY JANUARY 25, 2024 AT 5:00 PM, AWARD DATE FEBRUARY 8, 2024 BY 5:00 PM.

ADDITIONAL INFORMATION

Discover a prime investment opportunity in the bustling West Chatham neighborhood! This well-maintained strip mall, built in 2005, features six fully occupied retail units, ensuring steady income and excellent cash flow. Enjoy fantastic visibility with a prominent pylon sign and ample on-site parking with 29 spaces, making it convenient for customers. The center previously housed a bank and is currently owner-occupied, with a successful dry cleaning business operating on-site. The dry cleaning business is available for sale, or the seller is willing to remain as a tenant, offering flexibility for investors. Leases are structured as modified gross, with tenants responsible for all utilities, enhancing the investment's appeal. Don't miss out on this outstanding opportunity in a high-traffic location!

ADDITIONAL INFORMATION

Discover the exceptional investment opportunity at 2036 W 79th St, Chicago, IL 60620. This strategically located two-story commercial facility boasts a generous 12,690 square feet of building area on a sprawling 0.76-acre lot. Built in 1960, this versatile property includes a large chapel, multiple viewing rooms, office spaces, and a substantial parking lot, offering unparalleled operational efficiency and convenience. Situated in the bustling Auburn Gresham neighborhood, this property enjoys outstanding visibility and accessibility from major thoroughfares, including 79th Street, Western Avenue, and Ashland Avenue, with easy access to Interstate-94. The expansive 33,174 square foot site provides ample space for potential expansion or redevelopment, making it a prime candidate for a variety of commercial uses. Currently utilized as a funeral facility, this turnkey opportunity is perfect for similar service providers or can be easily adapted for other commercial ventures. The property's B1-1 Neighborhood Shopping District zoning supports a wide range of retail and commercial activities, making it an ideal choice for real estate developers seeking to diversify their portfolio. Investors and government agencies will appreciate the property's redevelopment potential for community-enhancing projects. The City of Chicago offers significant incentives to buyers, including the Neighborhood Opportunity Fund, which finances commercial and cultural projects in neighborhoods that lack private investment, using revenue generated from downtown development. Additionally, this property qualifies for the City of Chicago's Small Business Improvement Fund (SBIF), promoting economic development by providing small businesses and property owners with reimbursement grants for permanent building improvement costs. Seize this unparalleled opportunity to invest in a property with both immediate operational benefits and long-term developmental prospects. DO NOT DISTURB STAFF.

ADDITIONAL INFORMATION

Pleased to present the 8-unit mixed-use/multifamily located in Chicago's Auburn Gresham neighborhood. The property unit mix includes (6) one-bedroom, one-bathroom units,(1) two bedroom, one bathroom unit and a retail unit occupied by a Salon. All units are beautifully maintained hardwood floors and nicely appointed kitchen and baths. The salon benefits from having been recently remodeled with freshly painted walls, new flooring and recessed lighting. A newly installed furnace provides separate forced air heat to the salon, and a refurbished boiler provides heat to the residential units.New plumbing risers recently installed. There's a laundry hook up in the basement that can provide extra profits with a coin operated washer and dryer and there's 7 parking spaces in the rear of the building to designate as you like. This building is self managed by ownership. Pride of ownership truly shows here! Conveniently located to public transportation, Midway Airport and the Loop makes this location attractive to commuters.

ADDITIONAL INFORMATION

46,000 SQFT Warehouse with 18' ceilings has tons of potential! Freight elevator, Sprinkler System, Office Space (Approx 2,000 sqft) with 1 DID, and 2 TL docks. This property is situated in a strategic location, offering easy access to highways and public transportation options including the Metra. Truck routes to Midway and O'Hare International Airports, the Port of Chicago, and the regional freight network. M1-2 zoning lends itself to a wide variety of warehouse uses including light manufacturing, distribution, E-commerce fulfillment center, Logistics and transportation operations and more! Neighboring Green Era Campus is revitalizing a 9-acre area, transforming it into a renewable energy hub and green space that supports economic empowerment, clean energy, fresh produce, and a thriving community.

ADDITIONAL INFORMATION

Value Add Opportunity! Building has sustained significant fire damage and is fully vacant. Buyers should buget for a full gut renovation (new roof, plumbing, electric, etc.) Alderman is aware of issues and will be supportive of renovation efforts. Possible to convert commercial spaces to live/ work spaces with a special use permit.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Right across from a newly constructed 30 unit mix use building as part of the INVEST South/WEST initiative. High demand location! Totally renovated 5,000 square foot commercial building ( 2,500sq storefront + 2,500sq basement) is available for sale near the corner of 79th and Halsted. Current tenant is a Martial Arts/Karate store; paying 2,100 per month with a month to month lease. Previously used as a medical office, this storefront has great potential for retail or office use. The building features a good window line on 79th, high ceilings, a large skylight and exposed brick. There is also a full basement for storage. The intersection of 79th and Halsted is a key commercial corner for the neighborhood anchored by national businesses such as Save-A-Lot, Bank of America and CVS. Lots of new construction projects nearby initiated by Invest South/West City of Chicago program.

ADDITIONAL INFORMATION

Has been used as a church for over 50 years. Also used as a daycare in recent years. The package for sale is one older church building and a recently built church addition. There are two lots included in the sale. Buildings secured with wrought iron fence. Six recently rehabbed bathrooms, two offices, two kitchens, finished lower level, and large fellowship hall. Older building has recently constructed ramp. Well maintained and ready for a new owner. Show with confidence.

ADDITIONAL INFORMATION

Discover the potential of this exceptional mixed-use building, perfect for launching your business! The first floor commercial space offers ample space ideal for various uses and was previously utilized as barbershop and hair salon. On the second floor residential level you have two units, each offering 2 spacious bedrooms and one full bath that provides an excellent opportunity for additional rental income. The property also features a convenient 1-5 car concrete pad in the rear for ample parking. Property has a new roof that is less than 5 years old. With a total of ~3,000 sq. ft., this versatile property is ready for your next great venture with a some TLC. Don't miss out on the chance to make it your own! Schedule your private showing today to view the potential this property has for your investment purposes!

ADDITIONAL INFORMATION

Discover A Remarkable Investment Opportunity With This Newly Renovated Mixed-Use Property, Perfectly Poised To Offer Immediate Rental Income And Future Growth. Live In One Unit & Rent The Other Two-Let Your Tenants Fund Your Mortgage While You Live For Free! Or Rent Them All Out And Build Equity With Other People's Money! Newly Updated In 2024, This Property Features Two Beautifully Appointed 2BR/1BA Apartments, A Commercial Storefront, A Spacious Basement, And 2-Car Garage with High Ceilings. Walk Into The Enormous Building And You Will Be Greeted With Beautiful Hardwood Floors Throughout The Hallways And Stairs. Each Apartment Unit Showcases Stunning Hardwood Floors, Modern Can Lighting, And Stylish Ceiling Fans. The Apartments Come With Sleek New Panel Doors, 2 Bedrooms with Spacious Closets, A Brand New Rehabbed Bathroom With New Vanity And Shower Head With Several Jets, A Gourmet Kitchen Equipped With 42" Maple Cabinets, Granite Countertops, And All Appliances: Refrigerator, Microwave, Stove, And Dishwasher. Each Unit Also Includes An Intercom System And Its Own Storage Room, Adding To The Appeal Of These Meticulously Designed Living Spaces. The Main Floor Commercial Unit, Also Freshly Rehabbed, Boasts Excellent Visibility And Is Ready For Your Business Needs Or For Renting Out To A Tenant. The Commercial Storefront Includes 2 Offices, A New Kitchen, And A Brand-New Bathroom With Light-Up Mirrors & A Stand-Up Shower. Additional Features Include A 2-Car Garage, A Fenced Backyard With Newer Wooden Stairs, Newer AC, And A Large Basement That Offers Ample Storage Space Or Potential For Expansion, Such As Adding A Washer/Dryer Area Or Even Another Unit For Increased Income. The Property Has Updated Plumbing and Electrical and HVAC Certified! With its Clean, Modern Design and Versatile Layout, This Property Is An Investment Gem You Won't Want To Miss. Contact Us Today To Schedule Your Viewing And Seize This Exceptional Opportunity!

ADDITIONAL INFORMATION

Auburn Gresham Mixed use property located on high traffic Ashland Ave, this building has 2 Commercial Spaces and 1 Huge 3 bedroom 2 bathroom Apartment that is 2000 sqft, the building is fully occupied and just waiting on the right owner to add this investment to their portfolio

ADDITIONAL INFORMATION

Discover the potential of this exceptional mixed-use building, perfect for launching your business! The first floor offers ample space ideal for various uses and was previously utilized as a chiropractic practice. Upstairs, a spacious 3-bedroom apartment provides an excellent opportunity for additional rental income. The property also features a convenient two-car brick garage and new concrete in the rear. Recent updates include new plumbing, electrical systems, and a hot water tank. With a total of 3,100 sq. ft., this versatile property is ready for your next great venture. Don't miss out on the chance to make it your own! Rental income estimate: * Commercial: $3,375/month * Residential: $1,500/month * Total Monthly Rent: $3,375 + $1,500 = $4,875 * Total Annual Rent: $4,875 * 12 = $58,500

ADDITIONAL INFORMATION

Three story building inclusive of 2 lots available now. Approximately 7500 sf on the first floor and 15000 for second and third levels combined. Lot size 8548 sq ft for building. Building was once used as a bank. This is almost a shell so bring your plans to build out. Selling "AS IS."

ADDITIONAL INFORMATION

A unique opportunity - an entire city block available in Chicago's Auburn-Gresham community! The site of the former St. Kilian's Parish, this 3.52-acre parcel includes the church building, the former rectory, a modernized and leased school along with 6-car garage parking, a private paved parking lot and ample green space. Bordered by 87th Street, May Street, 88th Street, and Aberdeen Street. The church (1111 W. 87 Street), with approximately 12,688 sq ft of floor space, was built in 1936-37, and designed by Joe W. McCarthy in an imposing Italian Renaissance style with interior Celtic motifs on the walls and stained-glass windows. Imposing ceilings with custom wood trusses, ample pew space, carpeted and tiled flooring, some paneling, and a partial unfinished basement which houses the boiler/steam heat system for the church. Two additional side rooms served as a sacristy and preparation area. There is a private entrance/breezeway to the church from the rectory. The 5,534 sq ft rectory (8725 S. May Street), built in the late 1920's, is a towering all brick two-story building with a full partially finished basement. The main level consists of 3 offices, kitchen, dining room, 3 bedroom/living quarters, and 3 bathrooms. The upper level has 10 rooms (bedroom & living quarter suites) and 5 bathrooms. The rectory heating system, a boiler for radiator heat, is about five years old. The original school building (8748 S. Aberdeen) was recently updated and expanded (over 50,000 sq ft) along the entire length of South Aberdeen by the current lessee, Noble Network of Charter Schools with state-of-the-art classrooms, laboratories, gymnasium, full restaurant-style kitchen, and so much more. The existence of the school with a long-term lease makes this an excellent investment with immediate income. Truly a commodity property with a once-in-a-lifetime opportunity to make this parcel something special!

ADDITIONAL INFORMATION

GREAT INVESTMENT OPPORTUNITY!! AUBURN GRESHAM - 6 UNIT BLDG- BEAUTIFUL SOLID BRICK EXTERIOR w STONE ACCENTS- 2 CAR GARAGE! BOILER HEAT -BOILER IS 1 YEAR YOUNG- ROOF is APPROX 5 YEARS OLD - WINDOWS APPROX 10 YEARS OLD- EACH UNIT ELECTRIC is SEPARATELY METERED - BASEMENT FOR STORAGE ****"As-Is" Sale***NO FHA or VA LOANS ACCEPTED*** Convenient access to the Dan Ryan Expressway, Public Transportation that includes the CTA Red Line, and Metra Train Station. Minutes away from Foster Park and newly developed shopping areas. Tenants responsible for their own electric.

ADDITIONAL INFORMATION

Located directly across the street from Leo High School soccer field this oversized office space is ready to suit your business' needs. With eight office spaces and three large conference spaces including a reception desk, the price for this size office is unbeatable in this location; come make this space your own. Providing 2,500 SF+ of space to spread out, 3 bathrooms, other private office spaces, HVAC and plenty of storage, including parking in the rear. Formally a medical office. South facing space so enjoy a plethora of natural light beaming into your office through the front glass windows. The Auburn neighborhood is expanding at a rapid rate. Find growth in continued foot and vehicle traffic right on 79th as new developments are increasing in the area. Close to the Dan Ryan Expressway, other major thoroughfares and quick access downtown. Make this your next or first location. Easy to show!

ADDITIONAL INFORMATION

Exciting Investment Opportunity! Discover the potential of this impressive 3-story mixed-use commercial building in the heart of Chicago. Featuring 8 apartments (6- 2 Bedrooms & 2- 3 Bedrooms) and 3 storefronts, this all brick property is a diamond in the rough, waiting for the right investor to unlock its full value. Despite needing some TLC, this property guarantees substantial returns with the right management. Imagine the possibilities of transforming this space into a thriving hub, located conveniently across from the Chicago Police Department. The long-time owner has cleared the property, paving the way for a seamless remodeling process. This is your chance to start or add to your real estate portfolio.

ADDITIONAL INFORMATION

9.9% Cap Rate. $98,928 Annual Gross Income. Individual Furnaces. Property is a ten (10) unit, walk-up apartment building located in the Park Manor neighborhood of Chicago. The property is located less than one block away from the I-94 Express, which provides tenants a quick and easy access for transportation. With a unit mix, eight 1bd/1ba units and two 0Bd/1Ba studios await your investment plans. All of the units are equipped with hardwood flooring throughout and each contain individual heat and gas. Property is being sold As-Is.

ADDITIONAL INFORMATION

IDEAL BUSINESS OPPORTUNITY FOR INVESTORS OR BUSINESS OWNER IN AUBURN GRESHAM. THE PROPERTY IS LOCATED ON BUSY ASHLAND AVE WITH PLENTY OF DAILY TRAFFIC. THIS COMMERCIAL PROPERTY ON A 29,000 SQUARE FOOT LOT HAS THREE BUSINESSES THAT ARE FULLY LEASED. SET UP AS A TURNKEY INVESTMENT BUT CAN BE PERFECT FOR AN OWNER OPERATOR. THE BUSINESSES ARE THE ESTABLISHED MECHANIC SHOP/AUTOMOTIVE CENTER, HAIR SALON, FAST FOOD RESTAURANT. THE MECHANIC SHOP FEATURES 5 MECHANIC BAYS, AN OFFICE, EMPLOYEE ROOM,STORAGE BACKROOM, AND A BATHROOM. THE SALON HAS A CUSTOMER WAITING AREA, A LOUNGE AREA WITH WASH STATION AND (4) PRIVATE ROOMS THAT HOLD (2) STATIONS EACH AND A BATHROOM. THE RESTAURANT IS SET UP AS TAKE OUT , TO GO FOOD RESTAURANT WITH COUNTER TOP SPACE FOR MINIMAL DINING. BIG KITCHEN HAS REAR STORAGE, WALK IN FREEZER, MANAGER OFFICE AND COOKING STATION FOR 3 PEOPLE, ALONG WITH SPACIOUS CUSTOMER SERVICE COUNTER. THIS COMMERCIAL PROPERTY OFFERS AN EXCEPTIONAL OPPORTUNITY FOR BUSINESS OWNERS AND INVESTORS. THIS MIXED USE COMMERCIAL SPACE IS IDEAL FOR A VARIETY OF BUSINESS VENTURES. EXTERIOR OF THE BUILDING HAS PLENTY OF PARKING FOR OVER 20 CARS. ENOUGH SPACE FOR CLIENTS. THE PROPERTY ALSO HAS A SECURITY GATE. PROPERTY PREVIOUSLY HAD A CARWASH AND CAN ALWAYS BE REPURPOSED. NEW 25K MARQUEE SIGN WITH LIGHTS. ALSO NEW BLACK TOP.

ADDITIONAL INFORMATION

Great investor and/or user property on high-traffic Vincennes Avenue. Currently, Fully rented with the flexibility of new owner to take over 3rd space if needed for owner operator. Solid cashing flowing commercial property.

ADDITIONAL INFORMATION

This income-producing property in Washington Heights is a dream come true for investors seeking a stable and profitable addition to their portfolio! This beautifully maintained 6-unit building boasts spacious 2-bedroom, 1-bathroom apartments, each featuring a formal dining room and an enclosed back porch. Enjoy peace of mind with a recently updated Rubberized Aluminum coated roof (under 10 years old!) and completely updated electrical systems throughout the building. Five out of six units are currently occupied by reliable tenants who have called this building home for over 4 years. The current rents are well below market value. A detached 4-car garage provides additional income potential or extra storage space for your tenants. Additionally, the common space is well-maintained and inviting, creating a positive first impression for potential renters. Check it out today.

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.******/// 8200 S Paulina St is a 19-unit building in Chicago's Southwest Auburn Gresham neighborhood. This building has a unit mix of six (6) one bed/one bath units, and thirteen (13) two bed/one bath units. Beautiful masonry building will require renovation. Built in 1927 and boasting 15,000 sq ft of space, 8200 S Paulina St offers a unique investment opportunity to contribute to the revitalization of Auburn Gresham.