The subject property is located at 748-50 N Lawndale Ave. Commercial retail/office building is in Chicago's dense and rapidly gentrifying Humboldt Park neighborhood. The property is zoned B3-1 and positioned in a great location for any type of business. It features a one-story 2,200 SF GLA (above grade) building including 1 storefronts rectangular-shaped site. The subject property presents the unique opportunity to acquire a stand-alone building in the Humboldt Park district. DON'T MISS THIS OPPORTUNITY!
Looking to move your business or add another location? This is the ideal location for your Retail, Office, or Restaurant business. Located on a busy street with many other Retail businesses. Priced to Move. Property needs complete rehab. Vacant & Easy to show. Short notice OK. Immediate possession at closing. Property being sold AS-IS, 100% 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. If interested, please visit Cook County Land Bank website and submit an Initial Offer Application. Please be sure to check the Cook County Land Banks website for offer application deadlines.
WE ARE EXCITED TO OFFER THIS RETAIL PROPERTY LOCATED IN A BUSY AREA PRIME FOR LOTS OF FOOT AND TRAFFIC BUSINESS. THE BUILDING CONSISTS OF 6 SEPARATE, ONE LEVEL STORE FRONT UNITS ALONG WITH A SEPARATE ENTRANCE TO THE UNFINISHED BASEMENT. CURRENT OCCUPANTS INCLUDE A RESTAURANT AND THRIVING, FAMILY OWNED HARDWARE STORE. SOME OF THE UNITS ARE AVAILABLE TO REHAB MAKING IT ATTRACTIVE TO A DIVERSE MIX OF STORES AND SERVICES.
Industrial building, consists of one rear loading dock, enclosed parking spaces, and a retractable gate at the rear entrance. Built in 1918. The neighborhood around the subject property is a diverse mix of industrial properties. (Steel, Beverage, Bottling, and Manufacturing). Interstate 290 is directly south of the subject property. The property is 0.5 miles from the Cicero CTA station ("Green Line), 1.5 miles west of Garfield Park Conservatory, and 7.5 miles west of Downtown Chicago. So many possibilities! Come and get it. NEWLY TUCKPOINTED NEWER ROOF 2 NEW REHABBED 2 UNIT 1ST CONDO/OFFICE AND 2ND FLOOR UNIT***NEW HARDWOOD FLOORS IN THE CONDO/OFFICES. BUILDING IN A VERY EXCELLENT CONDITIONN
Pulaski and Madison retail corridor, a 15,600 square foot mixed-use building is available for sale. The first floor is built out with retail space and both spaces are rented. The upper floors are vacant with an open layout ready to be developed as office, creative or apartment space. Nearby businesses are a mix of local and national retail users. This is a great opportunity for a user or investor looking to add value.
Welcome to this exceptional mixed-use commercial property, boasting a generous 10,500 sqft of versatile space, perfect for a wide range of business opportunities. Strategically located in a high-traffic area, this property promises excellent visibility and accessibility, making it an ideal investment for savvy business owners and investors alike. Main Level Storefront: The main level features a spacious storefront with expansive windows, providing ample natural light and an inviting atmosphere for customers. This area is perfectly suited for retail businesses, offering a flexible layout that can be easily customized to meet your specific needs. The high ceilings and open floor plan enhance the overall appeal, creating a welcoming environment for shoppers and clients. Upper Levels 2 & 3 presents a fantastic opportunity for additional income through rental spaces. With separate entrances, this area can be utilized for office spaces, studios, or even residential units, depending on your vision and zoning allowances. The versatility of this space allows for multiple configurations, catering to various tenant requirements and maximizing your return on investment. Prime Location,Large Storefront Windows,lexible Layout,Income Potential, Modern Amenities. This mixed-use property is not just a place of business but a strategic investment. The combination of a prominent storefront and potential rental income from the upper levels makes it a highly attractive option for investors looking to diversify their portfolio. The property's versatility ensures it can adapt to market demands, providing long-term stability and growth. Don't miss out on this unique opportunity to own a prime piece of commercial real estate that promises both immediate returns and future appreciation. Schedule a viewing today to explore the endless possibilities this property has to offer.
Awesome Mixed Use 2-Unit Building comprised of store front (Beauty Shop) with Unit and 2nd floor apartment long term tenant. Great size yard to work or entertain in. Newer porch. New hot water tank for the 2nd floor unit. Plenty of street parking with tons of foot traffic and access to public transportation. Close to major expressways, minutes from downtown, easy access to the airports. Plenty of shopping on Madison(groceries, appeal, goods etc.) Good size brick building with a large basement for storage or additional build out. New roof, security shutters, tuck-pointed, newer hot water tanks, newer boilers, new AC in shop, security shutters with remote and keyless entry. Ceramic tile flooring. Three additional rooms in the shop, used for an office, a nail tech room, a massage room before. There's an additional mop sink room. Building's in great condition, advertising space outside that can be leased for additional advertising revenue or use it to promote your own business. 2nd floor tenant has a long term tenancy (10+years), in good standard, MTM lease. Prefect for an owner occupant or income producing property. Set up your appointment soon.
Please read this description carefully. This listing consists of 11 separate spaces in 7 different buildings (A-G in the aerial photos). There are also 2 vacant lots (Lots #1 and #13 in the aerial photo) and an unused billboard which is owned by Clear Channel. Parcel #1 was previously held off the market, and the prior price reflected that. Parcel #1 is now back on the market along with Parcels #2 and #3. Parcel #1 is made up of the two vacant lots measuring 56.46' by 121.6', for a total of 6,848 s.f. The frontage on W. Harrison St. is 56.46' linear feet. The list price for Parcel #1 is $300,000. Parcel #2 is made up of 3 buildings; these are bldgs B,C, and D in the aerial photos, with total interior space of approx. 5,794 s.f. These bldgs have a total of six 8'x8' overhead doors. The land these bldgs sit on is 14,480 s.f., and has approx 94.5 linear feet of frontage on W. Harrison St. The list price for Parcel #2 is $400,000. Parcel #3 is made up of four buildings (A,E,F, and G in the aerial map). There are eight separate spaces in these four bldgs, with a total area of 21,435 s.f. There are large overhead doors servicing these bldgs, and they sit on land totaling 34,790 s.f. All of these bldgs in Parcel #3 will need varying degrees of repairs, with Bldg A in particular needing extensive work to bring it up to a usable condition. The list price for Parcel #3 is $1,200,000. These properties can be purchased individually (Parcel #1,#2, or #3) or altogher as one package for $1,900,000.
Key Details: Property Type: Multifamily Residential Units:13 (10) 2-bedroom units (3) 3-bedroom units Listing Price:$1,430,000 Cap Rate:8.55% Current Annual NOI: $122,292 Location & Market Insights: Strategically situated in a vibrant neighborhood of Chicago, the property benefits from a location that is poised for growth and stability. The surrounding area offers a blend of community amenities and economic potential, making it an attractive choice for both residents and investors. Investment Highlights: 1. Strong Financial Returns: With a capitalization rate of 8.55%, the property offers an attractive return on investment, projecting an annual net operating income of $122,292. This makes it a highly appealing asset for investors prioritizing income potential and financial stability. 2. Growth Potential: The multifamily property's value is set to appreciate due to its urban location. Potential rent increases and market trends can offer significant capital growth, providing investors with a strong opportunity for long-term gains. 3. Steady Cash Flow: The property features a diverse tenant base across its 13 units, reducing the financial risks related to tenant turnover. This ensures a more predictable and stable cash flow, supporting reliable earnings over time. 4. High-Yield, Low-Risk Asset: The property's mix of unit sizes ensures a consistent demand from tenants, while its strategic location minimizes vacancy risk. It stands out as a high-yield, low-risk investment in a prime urban market. This property at 3901 W. Jackson Blvd. presents a valuable opportunity for investors seeking a steady, reliable, and profitable asset in Chicago's dynamic real estate market.
Exceptional investment opportunity awaits in East Garfield Park, strategically positioned just steps away from the Conservatory and the Kedzie Green Line. This meticulously maintained 5-unit Mixed Use building boasts a diverse portfolio of four commercial units alongside one residential unit, all currently leased. The commercial spaces cater to a variety of needs, featuring a beauty salon, a barbershop, a religious institution, and an automobile tint shop. With the beauty salon secured on a lease until August 2028 and the remaining units on a month-to-month basis, this investment offers both stability and potential for future optimization. Benefiting from M1-3 zoning and a clean bill of health with no current building violations, this property has undergone extensive recent renovations, including plumbing updates, reinforced basement supports, tuckpointing, flashing enhancements, and electrical improvements. Moreover, the investment is bolstered by a streamlined utility structure, with tenants responsible for all expenses except water/sewer/trash, which are managed through two separate water bills. Positioned directly across from the scenic Garfield Park and boasting easy access to transportation hubs such as the Kedzie Green Line and Metra UP-W, as well as proximity to the 290 expressway, this property offers investors an unparalleled blend of convenience and potential for long-term growth. With its prime location near the iconic United Center and a mere 10-minute drive to Downtown, this investment opportunity promises lucrative returns in a rapidly evolving neighborhood ripe with potential.
This two-story retail building offers an amazing turn-key business opportunity! Second floor is beautifully renovated and sectioned into 8 suites of which 4 are rented accruing $3800 monthly income. Over 2500 sq ft of retail space, Huge ceilings, newer windows, coverings and fixtures. Newly built back porch, Huge basement and garage can be used for storage or parking. 1st floor is a huge blank canvas ready for your business ideas (restaurant, cafe, shop, etc.) There is endless potential in this high-traffic, highly sought-after location. Adjacent lot included!
Located at a busy corner, this property offers great visibility, especially with its close proximity to a hospital and just 10 minutes from Ukrainian Village. It's an attractive investment, with residential units potentially renting for $1,650 each and commercial spaces at about $15/sq ft monthly. Take advantage of zoning for outdoor ads to boost income. There's also room to increase profits with short-term rentals or Airbnb, ideal for nearby medical staff. Consider a ghost kitchen to serve the hospital crowd. This is a prime opportunity for a high-earning investment. This is a total gut - Sold AS IS. Lot next door included in the price!
Investment opportunity 8 cap in fully remodeled turnkey 14 unit brick building west of loop in Humboldt Park. Mix of bed/bath counts all renovated in last 2 years. In addition to new roof, new porch system, updated plumbing and a new exterior security camera system apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Located on massive lot with proximity to numerous bus stops, CTA and Metra. Some value add opportunities. Cash flowing asset with above average rents and below price per unit. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.
Welcome to 4206 Jackson Blvd, a freshly rehabbed 8-unit multifamily apartment building located in Chicago. This well-maintained, opportunity zone and upgraded property features 8 units (2 - 2 bedrooms/ 1 bath and 6 - 3 bedrooms/2 bath ) that are perfect for investors looking for a steady stream of Section 8 approved rental income. Each oversized unit boasts about 1200 sq ft of living space and is equipped with new HVAC, washer/driver, refrigerator, wifi etc The apartments feature oversized living space in a clean, well maintained atmosphere. The building is situated on a lot, that provides ample outdoor space for tenants. All 8 apartments were completely remodeled in the past year. The location of this property is west of the Garfield Park and the Conservatory. With a stable Section 8 tenant base and a prime location, 4206 Jackson is an excellent investment opportunity. Don't miss out on the chance to own this wonderful property. Contact us today to schedule a viewing!
Fantastic value in Homan Square! CASH ONLY. 6 Apts + 1 Garden Unit. Five units are 3 Bedroom and Two 2-bedroom. In 2012 electrical, plumbing, bathrooms, kitchen were updated. Easy access to the city from I-290. Minutes from downtown.
Large Commercial Property with plenty of space. It is currently used as a automotive repair shop and auto parts store. There's room to storage multiple cars. It is located near the cross streets of Roosevelt & Kostner. You can use this property as a automotive shop or section the property into two buildings and rent the vacant lots. The total area is about 25,000 (3125 x 8) sq Ft, approximately eight Chicago area lots. The property is zoned Industrial/Manufacturing. Explore the area and be apart of the new commercial developments that are planned for the near future. The buildings and the land are for sale in "AS IS" condition. Easy access to the (290) expressway.
FIVE UNIT GREYSTONE , GOOD CONDITION. . HOT LOCATION HERE! WALKING DISTANCE TO TRANSPORTATION MINUTES TO EXPRESSWAY. NEWER WINDOWS GOOD INCOME,
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 60624 has a population of 2,722,586. Chicago 60624 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 60624 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 60624 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.