Chicago IL Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1900
Baths:
MLS#:
12285702

ADDITIONAL INFORMATION

ATTENTION REHABBERS/INVESTORS!GREAT INVESTMENT OPPORTUNITY, 6 UNIT APARTMENT BUILDING. A TRUE HANDYMAN SPECIAL OFFERED AT AN UNBEATABLE PRICE. THIS HOME IS CORPORATE OWNED WITH A MOTIVATED SELLER. THIS IS NOT A BANK SHORT SALE OR FORECLOSURE. GREAT OPPORTUNITY FOR RESTORATION AT THIS PRICE. VACANT AND EASY TO SHOW. PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER SINCE WE ARE SELLING "AS-IS". PLEASE NOTE: NO TAX PRORATIONS ARE OFFERED, ALL CURRENT TAX IS PAID BUT NO CREDIT FOR FUTURE BILLS. NO SURVEY. FOR FASTER RESPONSE PLEASE USE SELLERS CONTRACT, ADDENDUM AND DISCLOSURES UNDER ADDITIONAL DOCUMENTS. AGENT HAS AN OWNERSHIP INTEREST IN THE PROPERTY

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.38 Acres
Year built:
1914
Baths:
MLS#:
12271775

ADDITIONAL INFORMATION

Vincennes village! This 24 unit building with an onsite management office space is ready for rehab. Layouts are: 12- 2 bedroom 1 bath, and 12 huge 1 Bedroom 1 bath apartments. The building also has an interior community courtyard. The building sits on a block of its own and the sale include THE ENTIRE BLOCK (includes land to the south of the building), with units and addresses on Vincennes, Wentworth, and 72nd st. REO Sale - extensive rehab needed - additionally, nearby building at 7157 S Yale can be purchased with this building.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1888
Baths:
MLS#:
12258475

ADDITIONAL INFORMATION

GREAT INVESTMENT !! DON'T MISS OUT ON THIS GREAT BUY! BRICK 6 UNIT BUILDING FULLY OCCUPIED. Property sold AS-IS

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
12262080

ADDITIONAL INFORMATION

6915 S. Peoria is a 5-unit apartment building located in Chicago's up & coming Englewood neighborhood. Presently, this asset is grossly under-leased with 3 MTM tenancies, but has tremendous upside potential. The stabilized pro-forma cap rate (with CHAC tenants) is 30; 20 with market rate tenants and its composed of 5 HUGE apartments (2 x 3/2s, 2 x 4/2s & 1 x 5/2). Light tune-up is required in 2 units. Hungry? Sustenance at Aldi & Whole Foods are just 3 & 4 minutes away respectively. Need to get back to the office? The CTA's Halsted Green Line stop is 2 minutes from your front door. Need to get out of Dodge? The Dan Ryan Expressway is a 4-minute drive due East. 16th Ward Alderman Stephanie Coleman runs the show. Information deemed reliable, but not guaranteed. Use diligence. Please note: Interior photos are from units 3F (move-in ready) and 2F (needs 50 per cent cosmetic completion) Units 2/3R Duplex, 1F Duplex and 1R Duplex need overall cosmetic upgrades throughout.

Type:
General Commercial
Sq.Ft.:
5,760
Status:
Active
Beds:
n/a
Year built:
1904
Baths:
MLS#:
12256912

ADDITIONAL INFORMATION

RARELY AVAILABLE SIX UNIT! Take a look at this cash cow! Six unit building, three units offer two bed one bathroom apartments and the other three offer three bedroom one bathroom apartments. Additional space behind and to the side of the building allows for a great amount of parking space along with a massive basement underneath the building.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1909
Baths:
MLS#:
12221626

ADDITIONAL INFORMATION

Beautiful, large, and very well-maintained. Massive, elegant, high quality, with old charm and character 12-unit masonry building. Across from Englewood STEM High School.Easy access to I-94 and the CTA Red Line, CTA on 69St Street. Tuckpoint and the red bricks are in good condition. Spacious entrances, good-sized apartments with lots of windows and natural light. Hardwood floors throughout. All the apartments include fully equipped kitchens with stoves and refrigerators. Three of the apartments are newly remodeled. Schedule your tour today. Good investment. Building Being Sold As-Is - No City violations or Liens. The Selling Agent must accompany all showings.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1895
Baths:
MLS#:
12188754

ADDITIONAL INFORMATION

Pleased to present the multifamily property and land parcel located at 6919-25 S. Yale Ave. in the vibrant Greater Grand Cross neighborhood of Chicago. This investment opportunity, located in Chicago's growing Greater Grand Crossing neighborhood, consists of a six-unit multifamily property and an additional 4,389 square foot land parcel, both offered at a competitive price of $550,000. The multifamily property comprises (2) three-bedroom, one-bathroom units and (4) two-bedroom, one-bathroom units, providing a diverse mix that appeals to families and professionals alike. The current net operating income (NOI) is $55,505, generating a robust cap rate of 10.09%. With potential value-add improvements and rent increases, the pro forma NOI is projected to reach $62,715 increasing the cap rate to a strong 11.40%. The property benefits from its location in Greater Grand Crossing, a neighborhood experiencing revitalization and increased demand for rental housing. With close proximity to public transportation, schools, parks, and local amenities, it offers tenants a desirable living environment while ensuring high occupancy and stable rental income for investors. The larger units cater to families seeking spacious accommodations, which can result in longer-term tenancy and reduced turnover. One of the standout features of this investment is the included 4,389 square foot land parcel, which provides additional flexibility and growth potential. Investors can explore various development options, such as constructing additional residential units, creating parking or green space, or pursuing commercial development, depending on zoning and market demand. This land parcel adds substantial long-term value to the investment, offering opportunities for further income generation or capital appreciation through development. The current cap rate of 10.09% offers immediate cash flow, and with strategic management, the property's income can be further enhanced. Rent increases, unit upgrades, and operational improvements can drive up the NOI, boosting profitability and return on investment. Additionally, the property's location in a growing neighborhood positions it for future appreciation as the area continues to develop. In summary, this investment opportunity offers a combination of immediate income, value-add potential, and development upside with the included land parcel. At a purchase price of $550,000, the property is attractively priced for investors seeking strong returns, stable cash flow, and long-term growth potential. With the potential to increase rents, enhance property value, and capitalize on the land's development possibilities, 6919 - 25 S. Yale Ave. presents a highly compelling opportunity in Chicago's evolving multifamily market.

Type:
Business Opportunities
Sq.Ft.:
13,131
Status:
Active
Beds:
n/a
Lot size:
0.9 Acres
Year built:
1912
Baths:
MLS#:
12181804

ADDITIONAL INFORMATION

13,130 square foot RBA industrial property with a total of 9 buildings including a 2 flat, office and 2 apartments, 2 car garage and an apartment, 5 warehouses with one warehouse including an apartment, 2 car garage with yard space, 2 car garage and in addition 16 storage spaces including 10 containers and 6 storage bins. Property has a coal trestle that can be disassembled and moved to a new location or sold to another user. Updated lighting includes energy efficient LED. Truck scale conveys with the property. Radiant heat flooring in rear building. All leases are MTM which allows the flexibility for the new owner to suit his business needs. Great opportunity that doesn't come along very often.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1909
Baths:
MLS#:
12169186

ADDITIONAL INFORMATION

. GREAT INVESTMENT !! DON'T MISS OUT ON THIS GREAT BUY! BRICK 6 UNIT BUILDING WITH FULL BASEMENT. ALL RENTABLE UNITS! UP AND COMING AREA!! BUILT IN EQUITY. ROOM SIZES & LOT SIZE ARE ESTIMATED.

Type:
Other
Sq.Ft.:
6,000
Status:
Active
Beds:
n/a
Year built:
1978
Baths:
MLS#:
12123559

ADDITIONAL INFORMATION

This investment opportunity holds substantial potential for commercial investors. The property has two retail spaces on 75th St., both currently leased. The first unit of the building is a grocery store, while the second is a youth center. Together, they bring in a monthly income of $6,200. The unit leased a youth center that includes a fenced lot and a large backyard for parking or recreational activities, and it also provides convenient parking options. Any aspiring entrepreneur can seize this opportunity to gain recognition. We suggest seeing the property in person to grasp its potential, make your business dreams concrete, and turn them into reality! Take advantage of the opportunity to see the potential with your own eyes!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1895
Baths:
MLS#:
12082199

ADDITIONAL INFORMATION

Welcome to this solid brick 6 unit, this building has 6 two bedroom apts. This property offers a unique investment opportunity to contribute to the revitalization of Englewood. Property is also located in TIF district.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1912
Baths:
MLS#:
12098534

ADDITIONAL INFORMATION

A unique architectural gem nestled in a bustling Opportunity Zone. Located in the newly remodeled St. Bernard Hospital campus, this exquisitely remodeled vintage property has it all- curb appeal, totally renovated units with washer/dryers. A/C, high end baths & kitchens , hardwood floors. The top 2 units are duplexed with 3 bd, 2 bath floor plans. This building works financially : low taxes, ALL tenant paid utilities, excellent GRM and a great city location.

Type:
General Commercial
Sq.Ft.:
7,005
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1894
Baths:
MLS#:
12063271

ADDITIONAL INFORMATION

ATTENTION INVESTORS AND DEVELOPERS ! Presenting an exceptional value-add opportunity in this promising 6-unit building. This property offers substantial potential with ample space in the basement, providing the flexibility to either duplex down from the first floor or create 2 additional units. Whether you envision spacious 3-bedroom units or 2-bedroom units with dining rooms, the choice is yours. The property has already been demo'd and framed, setting the stage for your vision to come to life. Don't miss this chance to capitalize on a unique investment that promises excellent returns. Act now and transform this building into a premier asset in your portfolio!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1907
Baths:
MLS#:
12064508

ADDITIONAL INFORMATION

All brick 6 flat in the booming Englewood community! All units are 3 bedroom, 1 bath apartments. Minutes from the Dan Ryan, this property boast individual heating and updated kitchen and baths throughout. This property has been well kept and is ready for its next investor or owner occupant. Building has a 12% cap rate with below market rent. Stop by today! Property is being sold As-Is.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1905
Baths:
MLS#:
12007560

ADDITIONAL INFORMATION

7157 S Yale Ave is a 12-unit building in Chicago's southwest Englewood neighborhood. This building has a unit mix of 6 large one bed/one bath units (easily converted to 2 bedrooms), 3 two bed/one bath units, and 3 one bed,one bath units, varying in sq ft and projected market rent. This REO property will require rehab but is a solid building. Built in 1905 and boasting 11,181 sq ft of space, 7157 S Yale Ave offers a unique investment opportunity to contribute to the revitalization of Englewood. Property is also located in TIF district. Can be sold with 7200 S Vincennes.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
11985708

ADDITIONAL INFORMATION

This address 312, and 314 are sold together and zoned B3-2, this site stands as a prime candidate for a dynamic Mixed-Use development project. Situated in the heart of Greater Grand Crossing, this property enjoys exceptional visibility and accessibility, primed for a development that aligns with the area's growing demand. 310 W 75th, a former retail shop, and 312 W 75th, previously home to a BBQ restaurant and a longstanding barbershop, offer a wealth of possibilities. Nestled behind the commercial storefronts, 314 W 75th presents a solid brick, two-unit Multi-Family building. The first floor features a comfortable 1 bedroom, 1 bath layout, while the second floor offers a spacious 2 bedroom, 1 bath unit complete with an attic. For seasoned Real Estate Developers, this property qualifies for the coveted SBIF Grant, along with other City-led initiatives, providing a compelling financial edge to the project. Bring in your Contractor, as this property invites an extensive renovation to unlock its full potential and capitalize on this remarkable investment. Don't let this get away. Call today!!!

Type:
General Commercial
Sq.Ft.:
4,534
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
11887370

ADDITIONAL INFORMATION

6 unit Brick multi-family building & adjacent FULL parcel Parking Lot

Type:
Mixed Use
Sq.Ft.:
6,600
Status:
Active
Beds:
n/a
Year built:
1896
Baths:
MLS#:
11360492

ADDITIONAL INFORMATION

MIXED USE PROPERTY LOCATED IN UP AND COMING ENGLEWOOD. THIS PROPERTY IS CENTRALLY LOCATED CLOSE TO THE EXPRESSWAY, MIDWAY AIRPORT, AND TONS OF NEW DEVELOPMENT. THIS IS A CCLB PROPERTY BUYERS MUST APPLY DIRECTLY ON CCLB WEBSITE. PER CCLB GUIDELINES BUYERS MUST BE LOCAL.

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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 $284,100. This is higher 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 $284,100. 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 60621 has a population of 2,742,119. Chicago 60621 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 60621 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 60621 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

    N/A
  • # Active listings

    163
    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
Bass Elementary School PK - 08 513 16.8 60621
Beasley Elementary Magnet Academic Center PK - 08 1,409 24.2 60609
Bond Elementary School PK - 08 359 15.6 60621
Chavez Elementary Multicultural Acad Ct PK - 08 944 19.2 60609
Disney Elementary Magnet School PK - 08 1,650 19.5 60613
Dulles Elementary School PK - 08 767 20.7 60637
Eberhart Elementary School PK - 08 1,545 19.7 60629
Hedges Elementary School PK - 08 772 16.3 60609
Holmes Elementary School PK - 08 225 15.6 60621
Kershaw Elementary School PK - 08 267 15.5 60621
King Academy of Social Justice PK - 08 237 16.7 60621
Mays Elementary Academy PK - 08 477 15.5 60621
Nicholson Technology Acad Elementary School PK - 08 551 16 60621
Parker Elementary Community Academy PK - 08 758 18.7 60621
Peck Elementary School PK - 08 1,633 19.6 60629
Ray Elementary School PK - 08 723 20.6 60637
Sawyer Elementary School KG - 08 1,800 21.9 60632
Seward Elementary Communication Arts AC PK - 08 811 20 60609
Sherwood Elementary School PK - 08 347 15.2 60621
Stagg Elementary School PK - 08 547 18.6 60621

Middle Schools near Chicago, IL

School Grades Students P/T Ratio ZIP
Albany Park Multicultural Elementary School 07 - 08 269 19.2 60625
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
KIPP Bloom Charter ES 05 - 06 165 23.6 60621
Madero Middle School 06 - 08 323 17.9 60623
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
Excel Academy - Englewood HS 09 - 12 358 23.4 60621
Harper High School 09 - 12 342 13 60636
Hope College Prep High School 09 - 12 259 12.7 60621
Hyde Park Academy High School 09 - 12 892 16 60637
Lane Technical High School 07 - 12 4,057 19.4 60618
Lindblom Math & Science Acad High School 07 - 12 1,174 16.6 60636
Robeson High School 09 - 12 286 13.4 60621
Southside Occupational Academy High School 11 - 12 204 7.2 60636
Taft High School 07 - 12 3,185 17.5 60631
Team Englewood Community Acad High School 09 - 12 360 17.9 60621
Urban Prep Charter Acad Englewood High School 09 - 12 472 29.5 60621
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 60621

Metric Zip Code City
Neighborhood Type Inner City
Population 2,742,119 5,265,398
Population Density 12,060 5,572
Median Age 35.1 37.3
People per Household 2.4 2.5
Median Household Income 65,781 72,121
Average Income per Capita 41,821 41,706