Looking for a Turn Key, Armchair Investment look no further! Attractive North Lawndale Neighborhood, Legal 6 unit with 1 garden unit, Brick Building with 2 separate entrances. 3, 3 BDs & 3, 2BDs plus 2 BDr garden unit. Very well maintained Corner Building with enclosed Rod Iron Fence. 5 apartments have been renovated and ready to rent. Great Potential Income once fully occupied! Contact agent for more details, serious investors only!
Large, well maintained solid brick building zoned R-3 across from Piotrowski Park on bustling 31st St. Family owned since the 1960s, the building consists of 3 residential units plus a 900 sq ft first floor storefront. Full walk up expandable attic and full basement with separate meters. New tear off roofs on both the garage and main building 2020, new gutters, soffits and boiler 2021 and new water heater in 2023. Home Run Inn is next door, and Piotrowski Park has a public swimming pool and skate park so the location is ideal with plenty of foot traffic. Target, Home Depot and Walmart are around the corner. Great opportunity for multi-generational living or investment. Being sold as-is.
Welcome to 2821 west 25th in marshall square. A Nicely Maintained and professionally managed 6 unit rental brick multifamily property which underwent a complete renovation 3 years ago. This is a Very successful income producing property conveniently located near an el station, shopping and douglass park. 1st appointment to show 2 sample apartments. with some notice. Upcoming area just west of pilsen and convenient to getting downtown and the highway
Calling all seasoned investors! Don't miss this opportunity to acquire a six-unit Greystone in the heart of North Lawndale. This property requires a complete renovation, offering the perfect chance to customize and add significant value to your portfolio. The building features a total of six units, with three units offering 3 bedrooms and 1 bath, and three additional units offering 2 bedrooms and 1 bath. With the right touch, this property has the potential to generate strong rental income. Ideal for those looking to expand their existing portfolio with a project that promises high returns. Schedule a viewing today to explore the possibilities! Buyer to assume the property as is.
1500 S. Lawndale is a recently remodeled and upgraded 9-unit building plus a nonconforming 10th apartment! Currently configured with a pair of big 3BR 1BA units, 6 nicely sized 2BR/1BA apartments, a compact 1/1 and a cozy studio located in the former retail storefront (now legalized as ADUs). PLEASE NOTE: The storefront units are framed-out and require completion. All units are separately metered and the property boasts a new (2 yr) roof, plumbing, electrical, individual GFAs and original stained hardwood flooring. This building is being sold 'as-is' with no city violations. There's a LOT of rental upside and equity creation potential for the right value-add investor!
Prime development opportunity with RT4 zoning. Lot is 6300 sq ft building is 9800 sq ft. Approx 40 X 122 per floor. Originally built as a wood working shop, it has recently been used as an artist's work/live space with high ceilings up to 15'. Property is being sold AS IS. The building needs to be completely gut rehabbed,including leveling and pouring new concrete on the first floor, providing new sewer and water to the building from the street, and replacing all the siding and windows. It is structurally sound; has a 400 AMP electrical service and a 10' side driveway. The second floor has two additional studio spaces as well as a living space. 1 block from Cermak Road and the 21 Cermak bus and 3/4ths of a mile to the Pink Line (California / Cermak).
Discover the ultimate investment opportunity in North Lawndale! This captivating 7-unit multi-family property offers a blend of luxury and convenience. Recently renovated, each unit shines with modern upgrades, attracting cash-flowing tenants. With a mix of three and two-bedroom apartments, this property promises steady returns. Set in an up-and-coming area amidst new developments and renovations, it's poised for significant appreciation. Act now to secure this lucrative asset, poised to thrive as the neighborhood blossoms. Don't miss your chance to reap the rewards of this prime investment! Purchase with equity current appraisal is at 775k!! 3- 3br 4-2 br ... upgraded units
Perfect opportunity to start your own business or add to your investment portfolio. Property sits on a 100 foot frontage on busy Ogden Ave. You have the ideal opportunity to run an auto mechanic shop and storefront on 4374 W Ogden and which is currently operating and has been in business for 15+ years. 4376 Consists of a vacant storefront and massive back warehouse that owner used as a car detailing business to compliment the auto body and mechanic shop next door. This is the ideal investment opportunity for the savy investor or business owner looking to grow their business.
Prime Mixed-Use Property with Exceptional Investment Potential. Introducing an outstanding mixed-use property package located in the highly desirable Southwest Chicago area. This offering includes two well-maintained buildings situated in a high-traffic location, perfect for maximizing visibility and income potential. Property Highlights Dual-Building Package: Versatile Storefront: The first floor of both buildings features a shared, expansive storefront space currently utilized as a church. This space offers significant flexibility for various commercial uses, making it an ideal setting for retail, office space, or other business ventures. Residential Units: Building One: Houses two large apartments, each with three bedrooms, providing ample living space and rental income opportunities. Building Two: Features a spacious four-bedroom apartment, further enhancing the property's residential appeal and rental potential. Additional Features: High-Traffic Location: Situated in a bustling area, ensuring excellent exposure and accessibility for both commercial and residential tenants. Well-Maintained: Both buildings have been diligently cared for, reflecting the pride of ownership and attention to detail. This prime mixed-use property presents a unique investment opportunity, offering a blend of commercial and residential spaces that cater to a diverse range of tenants. With its strategic location and versatile layout, the potential for income growth and property appreciation is substantial. For more information or to arrange a viewing, please contact us. Don't miss this chance to invest in a property that combines excellent cash flow, strong growth potential, and a prime location in Southwest Chicago.
Large brick 8-unit building with paved parking in the rear. The building features eight 2 Bed/1 Bath units and the building features high ceilings in the attic giving new ownership an opportunity to duplex two units. The building has had numerous updates completed and with some minor updating can capitalize on increased rents. Concrete parking pad in the rear for additional income. The property is located in Chicago's Little Village neighborhood, just steps from the heavily trafficked 26th Street retail corridor. The property is conveniently located with easy access to I-55 and I-290 and walking distance to the CTA Pink line for commuters. tenants enjoy the easy access to schools, restaurants, grocery and more, all within a short walk.
Introducing 1514 S Kedzie, Chicago, IL, a prime investment opportunity located in the thriving North Lawndale area. This versatile brick building, adorned with a gray stone fascia, features a first-floor storefront with a long-term lease in place, ensuring immediate income. Above the storefront, there are two spacious residential units, each offering 3 bedrooms and 2 bathrooms, ideal for tenants seeking comfortable living spaces. With commercial zoning, low taxes, and a strategic location, this property offers endless possibilities for both residential and commercial use. Don't miss out on this unique chance to add a valuable asset to your portfolio!
Add this thriving 6 Unit Building to your investment portfolio! This completely rehabbed building in North Lawndale has stainless steel appliance packages, space for a dishwasher, quartz countertops, undermount sinks, modern finishes and lighting. Enjoy the feeling of security a brand new roof adds to your investment, along with new mechanicals. Your tenants will love the outdoor space the building has to offer, including front and rear porches. The building is 100% occupied. The 2 first floor units are a 4 and 3 bedroom apartment that duplexes down, each earning $2,000 in rent. The remaining four units are two bedroom apartments, each earning $1500 per month. That's $10,000 in rental income each month! Schedule your showing today and add this little money tree in this rapid growing neighborhood today!
Located on the corner of Cermark Rd and Sawyer Avenue, three attached commercial auto or wholesale spaces are available for sale. With a combined total of 14,050 square feet, this unique combination could be used for auto use, retail, or distribution, is located in the a thriving community. 3233 W. Cermak, the corner space, is a restaurant in front and truck shop space in the rear. The auto shop can accommodate between 20-25 vehicles. The adjacent space is a recently renovated storefront with a second floor, that flows through to the adjoining building, and a second floor loft. The third contiguous space is a fully functional auto facility with all necessary equipment to operate auto repair body shop.
Pleased to present the opportunity to purchase 2625 S Central Park Ave, Chicago, IL. This mixed-use building, located in the highly coveted Little Village neighborhood of Chicago, presents a prime investment opportunity of both commercial and residential units with the opportunity to generate substantial rental income. Property is ideal for investors seeking a stable income stream and potential for value appreciation, and/or owner-occupiers seeking their use/investment opportunity. The commercial unit features a long-standing commercial tenant on a MTM lease service, a 975 SF total footprint, an open retail space, one bathroom, a small storage room, a large open room in the back, and two large rooms with a full first-floor ten feet height clearance. The submarket's commercial lease services are transitioning to a different approach, which will significantly enhance the (NOI) for the owner. The residential unit, also on a MTM lease structure, offers a 900 SF total footprint, with three bedrooms, one bathroom, a kitchen, living room, and a dining room. The attic includes two large adjoining rooms, a bathroom, a gas line, and 11 feet height clearance within an 800 SF total footprint, which may serve as a duplex-up for the residential unit. Utilizing the attic as a duplex-up would provide a total footprint of 1,700 SF for the residential unit, significantly increasing rental income potential as market dollar-value per square foot. Additional features of the property include a two-car garage with an 8'x10' party door, a full basement with 975 SF, and a newly laid 20'x40' concrete slab in the backyard. The two-car garage space may serve as an additional separate income source if leased separately from the base rent of both the commercial and residential spaces. The property benefits from high visibility with 17,000 Vehicles Per Day (VPD) at the corner of 26th St. and Central Park Ave. Zoned B3-2, allowing residential use, shopping centers, and retail storefronts with higher use permissions than B1 and B2, and situated in the heart of Little Village, the property is located in the second-highest income-producing corridor in Chicago, after Michigan Avenue's Magnificent Mile. Local nearby amenities include an abundance of renowned dining options, shopping centers, parks, and a grammar school next door, providing added peace and security. The property offers high income potential with large units and great clearance heights allowing for higher commercial and residential rents. The prime location in a high traffic area ensures consistent visibility and foot traffic for the commercial unit. Flexible lease structures for both commercial and residential units on MTM lease structures provide flexibility for future lease negotiations or an owner-user occupier. Additionally, the building is fully stabilized with no vacancy and is steps from public transportation. Contact listing agent for detailed memorandum of Financials, P&L Statement, and Pro Forma.
Introducing a newly renovated multifamily unit building, an exceptional investment opportunity with immediate income potential. This meticulously updated property comprises eight units and boasts a high occupancy rate of 95%, with only one unit currently available. The building includes three spacious 3-bedroom units, four comfortable 2-bedroom units, and one cozy 1-bedroom unit. With modern upgrades and attractive living spaces, this property is designed to appeal to discerning tenants, ensuring a steady stream of rental income. Perfectly suited for both seasoned investors and those new to the market, this multifamily building is a turnkey investment in a thriving rental market. Don't miss out on the chance to secure this lucrative asset and enjoy the benefits of a well-maintained, income-generating property.
Discover a prime investment opportunity in the heart of North Lawndale. This versatile building spans over 2,900 square feet, offering a spacious, light-filled interior ideal for transforming into office space, retail, or a creative venture. Situated in a thriving neighborhood with convenient access to transportation, this property is perfect for entrepreneurs and investors looking to establish or expand their presence. Its flexible layout can be tailored to suit a variety of business needs, making it a valuable asset with endless potential. Easy to show-schedule your viewing today and explore the possibilities!
WELL MAINTAINED FULLY FUNCTIONING 6 UNITS BUILDING IN HOT LITTLE VILLAGE NEIGHBORHOOD. EACH APARTMENT HAS 2 BEDROOMS, LIVING ROOM, KITCHEN AND BATH. FULLY RENTED WITH LONG TERM TENANTS M/M. RENTS DOESN'T REFLECT ACTUAL RENTS. 2 FENCED PARKING SPACES IN REAR. ALL UNITS HAVE FORCED AIR HEAT AND NEWER WINDOWS. FENCED PROPERTY. BUILDING IS WALKING DISTANCE TO SHOPPING, RESTAURANTS, PUBLIC TRANSPORTATION, SCHOOLS AND MORE ALL VERY CLOSE TO PROPERTY. GREAT INVESTMENT!!!! MAKE YOUR APPOITMENT!!!!
Income producing 5 Flat - Mixed Use Building in North Lawndale Neighborhood of Chicago. Stable investment that has secured section 8 tenants and long term commercial tenant. Cash Flowing Investment Property.
Developers & User Owner Businesses Welcome to North Lawndale! Rare Corner Lot available. Currently Zoned C1-2. 25 feet of frontage on Ogden Ave with 121 feet of frontage on Kostner. Corner Light Traffic Volume over 20,000 vehicles on Ogden according to City of Chicago.
Commercial space located in Chicago, two storage spaces available ideal for any new business owners.you can turn this place into a huge garage .Great income streaming building. Near stores, public transportation and more.owner ready to sale.
The subject property is located at 2611 South Lawndale Ave., Chicago, IL 60623 (the "Property"). The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this investment opportunity. This is an urban Mixed-Use property located in the heart of Chicago's Little Village neighborhood. Featuring a new roof, currently fully renovated 2-story building, 3,600 SF of gross leasable area and 3,076 SF site. The subject property is zoned B3-2 and comprises a full basement, 1 commercial space, and a fully leased 2nd-floor large apartment. The subject property is situated in a mixed commercial and residential city setting making it a prime location for investment and/or owner-user opportunities. The property's strategic location offers convenient access to major thoroughfares, public transportation, and a wide range of amenities, including shopping centers, restaurants, and recreational facilities. The subject property presents the unique opportunity to acquire a stand-alone building in the Little Village neighborhood.
ATTENTION INVESTORS, REHABBERS - COMMERCIAL ZONED B3-2 3192 SQFT BUILDING WITH BACK YARD ACCESS TO ALLEY. HEAVY RENOVATION REQUIRED. Permitted businesses include but not limited to Art, Artist Live work, Animal Services, Automotive, Building Maintenance & Cleaning, Business Services, Construction Retail / Hardware / Locksmith, Education & Child Care, Food & Beverage, Indoor Special Events, Laundry & Dry Cleaning, Lodging, Media, Medical, Orthopedic Appliance Stores, Tanning Salon, Recreation, Postal Service, Residential Storage, Retail Sales, Entertainment & Spectator Sports, Tobacco Shops. See documents section for city of Chicago Building Permit and Inspection Records and Cook County Injunction.
Versatile multi-use property in North Lawndale, IL. Spacious interior with natural light, offering endless possibilities for office space, retail, or creative ventures. Prime location with easy access to transportation and a thriving community. Ideal investment opportunity for entrepreneurs and investors seeking a promising asset. Don't miss this chance to make your mark in this vibrant neighborhood! Easy to show , lets make a deal very motivated seller!
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 60623 has a population of 2,722,586. Chicago 60623 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 60623 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 60623 is 34.1 years.
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.