Presenting a fantastic opportunity with this mixed-use building, offering incredible flexibility under C1-1 zoning. The entire property has been stripped down to the bolts, providing a blank canvas for your vision. The upstairs has already been framed for two separate apartments, offering a head start on residential units, while the first floor is perfect for commercial use, whether it's retail, office, or restaurant space. This property also features a brand-new roof, newly installed wooden back porch and stairs, as well as brand-new interior stairs. All debris and garbage will be removed before closing day, making it ready for your finishing touches. Investors and developers, the possibilities here are endless! Sold As-Is
UNIQUE OPPORTUNITY! FOUR LARGE BRICK BUILDINGS, A CHURCH/ SCHOOL WITH 14 CLASSROOMS, A CONVENT, RECTORY AND GARAGE. AMPLE PARKING SPACE, 2 LOTS. ONSITE SANCTUARY ( BUILT OUT), MEETING ROOMS, YOUTH ROOMS , BASEMENT WITH REC/ KITCHEN AREA 54,000 SQUARE FEET OF SPACE. REAL ESTATE TAXES EXEMPT RELIGIOUS/ SCHOOL NO SURVEY PROVIDED SOLD AS-IS ALL OFFERS MUST HAVE PROOF OF FUNDS/ FINANCING APPROVAL LETTER
Wow, Discover this long-established automobile repair business, now available with a significant expansion completed in 1985. The newer addition includes 5 doors (4 doors measuring 10' x 8' 8" and 1 oversized door at 10' x 12"), offering double bays for a total of 10 bays and 6 automobile lifts. This was a major upgrade to the facility, providing ample space for vehicle service and repair. The building spans approximately 5,000 sq. ft. and sits on a generous 6 city lots (18,168 sq. ft.), offering plenty of space for operations. Key features include a rooftop heating and A/C unit installed just 4 years ago, an indoor heater in the repair shop, and all three roofs were replaced in 2020. The sale includes not only the real estate but also all equipment and inventory. The shop is fully equipped with a tire machine, tire balancer, several diagnostic computers, retractable air hoses in each bay, a new 1234yf A/C machine, a fully stocked Snap-On tool box, and numerous other tools and equipment essential for smooth operation. The building also features a professional office suite, a welcoming waiting room, and a well-organized stock room. Additionally, there is a large training classroom that can be customized to suit the new owner's needs. The spacious parking lot, along with a separate storage lot on the side of the building, ensures plenty of room for vehicles. This well-maintained facility is ideal for multi-purpose use and is easy to show. Note: No sign on property. Schedule your tour today and explore the endless possibilities this turnkey business and property offer. Please do not walk the property without prior confirmation. See attached "Specialized Equipment & Inventory List" that is included in sale!
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.
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.
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.
Renovated in 2022, Motivated seller.....bring all offers! This staple in the West Roseland since 1969 on Michigan Avenue. It features a turnkey fully operational store-font restaurant with all the fixtures, furnishings, and equipment needed to continue its legacy of excellence. The reputation of Ware Ranch Steak House ensures a loyal customer base and a smooth transition for the new owner. In addition, the second floor features an open-concept living and dining area with a fully renovated kitchen including Stainless Steel Appliances, a beautiful backsplash with cabinets, and a ton of storage space. This space can also be used as a banquet hall. Parking in the rear fits 4 cars. (Everything stays except a small pop cooler and the pictures on the wall)
Looking to move your business or add another location? This is the ideal location for your Retail, Office, or Mixed Use Investment. This versatile commercial space has previously been used for not-for profit offices, upholstery shop, lawncare company, and an auto repair shop. The interior is improved with a reception, private office, bathroom with shower, roughed in kitchen, storage, and a large open area with a pedestrian and overhead door. The building has a fully gated rear lot with swing gates. Property needs updating. 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.
Calling all Investors & Business owners. This commercial space has approximately 4200 sf on the corner lot, in a high traffic area, with lots of visibility. It's open concept will accommodate & support any vision you bring to life. Lots of window exposure as well as a private parking lot attached. Zoned B3-1. Property being leased/sold "AS IS".
10,200 sq/ft free standing building on busy south Michigan ave. next door to multiple retail stores. The main floor is 5,100 sq/ft and the lower level is 5,100 sq/ft with alley access from both floors. The building is perfect for furniture, clothing, Amazon resale and more with plenty of storage in the dry basement. The location is ideal being the heart of the shopping district with O'Reilly Auto Parts, Dollar General, Boost by T-Mobile, Union Bank and more. Plenty of street parking available on south Michigan ave. and zoning is very business friendly. The building has a private room for an office, one bathroom dual central heat and air conditioning and more.
MoHall Commercial proudly presents an outstanding single-story medical office building spanning 2,500 square feet, nestled within the esteemed Morgan Park community. This remarkable property epitomizes seamless functionality and revenue potential, offering an enticing package that astute investors and practitioners will find irresistible. At the heart of this unique offering is a renowned dentist office, a testament to longevity and success. Generating a consistent monthly rental income of $1,480, this well-established dental practice comes complete with two fully equipped dental chairs and an exclusive private office, poised for immediate productivity on a month to month lease. Adjacent to the dentist's haven is a doctor's office par excellence, boasting a total of six private offices. A welcoming reception area sets the tone for professionalism, while each private office presents an environment conducive to focused consultations. This property has anticipated every need, featuring dedicated parking discreetly positioned at the rear of the building. Convenience for both dedicated staff and esteemed patients. This medical facility has been an integral part of the community, its presence etching a legacy of reliability and commitment to care.
Discover an exceptional investment opportunity with this versatile two-unit building! Each unit offers spacious areas with endless possibilities. The property boasts potential for high rental income and flexibility for various uses. With its prime location and appealing features, this building is an ideal choice for investors seeking solid returns. Don't miss out on this amazing opportunity to own a property with boundless potential!
Allow us to introduce our newest listing!! With a total of 10 parking spaces on the exterior and 7 units in the building, this property is the PERFECT investment!! 4/5 RESIDENTIAL UNITS BEING RENTED OUT PLUS 2 MORE COMMERCIAL UNITS! As you enter, notice the fully gutted-out commercial spaces which one can modify to their liking and lease out, as well as the staircase to all the other various units in the building. with a total of 7 units, 5 are residential units and 4 are already rented out for $825. on top of this, the 2 extra units are commercial spaces that are fully empty. ALL apartments have passed city HVAC, Electrical, and plumbing inspections in 2019. The NEW porch passed city inspection in 2019 Located conveniently near public transportation, local grocery stores, many retail shops, and expressways, this property will match perfectly with any tenants looking to lease or rent their new apartment!! Even with some areas of the property needing work, the majority of the units have already been retouched and move-in ready for your convenience!!! Come and schedule your private showing!!
Investors, Entrepreneurs, Developers, come and share the vision of the redevelopment of the 95th Street Corridor. Grab this 2 store front property that was a restaurant and a beauty shop. You can make it your own with a little creativity. It also has a 1 car garage. Zoned B1-1 This property is Sold As Is Visioning Ideas are in the Listing Agent Office
2,421 Sq Ft (estimated) freestanding retail / commercial building for sale on the corner of 119th Street and Wentworth in the West Pullman neighborhood. High-visibility location with average traffic of over 8,600 vehicles per day. Property needs complete rehab and is priced to move. Property being sold AS-IS, 100% Tax prorations, no survey provided. Please review "CCLBA Offer Checklist" before inquiring and please note that all offers must be submitted via the CCLBA website. OFFERS DUE BY JULY 25TH, 2024 AT 3:00 PM, AWARD DATE AUGUST 1ST, 2024 AT 5:00 PM. Easily accessible to public transportation, located on the CTA #119 119th and Wentworth bus route, 0.3 miles from #34 Michigan bus route, 0.3 miles from the Metra Electric Stewart Ridge stop, and 0.5 miles from the #115 Pullman bus route.
All brick building with great cash flow!!!!!! All units are rented,, 6 apartments and 2 retail store fronts. One store front vacant, needs re-hab. Each store front unit is about 25' X 40'. Each store also has a half bath and a storage room. There are 4-one bedroom apartments and 2-3 bedroom apartments. Long term tenants. All hardwood floors. Newer windows and steel entrance doors for each apartment. Roof is 4 years old, tuck pointing was done in 2017, newer back porches were replaced in 2015. A new high efficiency boiler was just installed, in the past year.. newer water heater and newer commercial grade downspouts installed. Separate electric meters. Circuit breakers. In the basement there are Coin-op washers and dryers in the large laundry room, 6 individual storage units, an office and the boiler room. Off street parking in the rear of the building. Partial fenced yard.
Investors, Developers, and Business Owners read! Two parcels for the price of one in Chicago's West Pullman in the 119th/Halsted TIF district. 12841 S Halsted is an est. 900sf storefront on 2700sf parcel, 12843 S Halsted to the south is an additional 2700sf parcel. Property is being sold by the Cook County Land Bank Authority and presents a unique opportunity.
Pleased to present an exceptional investment opportunity at 445-459 E 107th St, Chicago, IL 60628. This 24-unit multifamily property, located in Chicago's historic Roseland neighborhood. The unit mix is (24) one-bedroom, one-bathroom units. Property Highlights Location: Situated fourteen miles south of the Loop, the property offers easy access to major transportation routes including the Chicago Skyway and Lake Shore Drive, facilitating convenient commutes to downtown Chicago and surrounding areas. The proximity to CTA bus stops along 107th Street and the Metra station at 107th Street ensures excellent public transportation options for residents. Additionally, Midway International Airport is just fourteen miles northwest of the property, providing further connectivity. Built in 1963: The property's mid-century construction offers robust structural integrity and a solid foundation for potential upgrades, making it an appealing option for value-add investors. Investment Potential Current Financials: The property currently generates an average rent of $869 per one-bedroom unit, resulting in a Net Operating Income (NOI) of $114,103. With a current cap rate of 7.92%, this investment offers solid initial returns. Pro Forma Financials: With strategic renovations and effective management, the average rent per one-bedroom unit is projected to increase to $980, boosting the NOI to $154,078. This improvement elevates the pro forma cap rate to an impressive 10.70%, highlighting the property's substantial potential for increased profitability. This property represents a significant value-add opportunity for discerning investors. The ability to enhance the units and optimize operational efficiencies presents a clear path to increased rental income and property value. Given the strong demand for affordable housing in the area and the property's advantageous location, there is considerable upside potential for both rental income and overall asset appreciation. Strategic Location Benefits Proximity to Downtown: Being just fourteen miles from the Loop, residents can easily access the vibrant heart of Chicago, enjoying its economic and cultural benefits while residing in a quieter, suburban-like setting. Transportation Accessibility: The property's close proximity to key transit options, including CTA bus stops and the Metra station, offers residents seamless travel throughout the city and beyond. Local Amenities: Roseland is a well-established neighborhood with a rich history and a range of local amenities. Residents can enjoy nearby parks, shopping centers, dining options, and community services, enhancing their quality of life and making the property an attractive rental option. 445-459 E 107th St presents a rare opportunity to acquire a well-located, value-add multifamily asset in a thriving Chicago neighborhood. With strong current cash flow and substantial upside potential, this property is ideal for investors looking to capitalize on the growing demand for quality rental housing in Chicago. Don't miss the chance to invest in this promising asset with significant value enhancement opportunities and robust financial returns.
Approximate 20,000 SF industrial facility offering significant infrastructure improvements conducive to a myriad of uses: adult entertainment/gentlemen's club, nightclub, banquet or large event facility, warehousing, industrial, distribution, cannabis, grow facility, flex, and so much more! Complete renovation in 2009 to a gentlemen's club, this building has been incredibly designed and maintained with a modern build-out and upgraded mechanicals throughout. Can be easily converted back to industrial, warehouse, flex, light manufacturing, or any entertainment type use. Current build-out includes three loading docks, full kitchen, walk-in cooler, walk-in freezer, 8 restroom facilities, showers, courtyard, locker room and more. The entertainment side of the house includes 4 stages, 2 bars, 8 VIP rooms, private entrances, DJ booth, reception, and coat check room. Mechanicals feature eleven RTU'S (ten 20-ton units and one 15-ton unit) offering temperature control, upgraded electric with 1200 amps and 3-phase power, 18' ceilings, fully sprinklered, and a new roof in 2009. Annual maintenance reports available upon request. Tons of value in the infrastructure alone. Security includes security system, retractable gates, and secure fenced site with exterior monitoring systems. Located in a TIF District, this 2-plus acre site with 131 parking stalls offers excellent visibility from I-94 with over 160,000 VPD and pylon signage. Combine this property with an adjacent approximate 24,000 SF industrial facility on 1.3 acres. Please see MLS #12085273 for more information. Loads of potential, incredible value with infrastructure improvements, great visibility and easy access to I-94 make this a must see property.
24,400 SF industrial facility on a 1.3-acre lot available for sale. The property is situated off of a frontage road to I-94, with easy access to the Chicago expressway network, including I-90, I-94, I-80, I-57, and I-294. The facility is currently divided into four approximately 6100 SF units - all fully sprinklered with 14' DIDs. Moreover, the neighboring property, 12054 S Doty, a former gentlemen's nightclub that can easily be converted to industrial, with an approximate size of 20,000 SF is also available for purchase. This property can be converted to a myriad of uses on an over 2-acre site. Combining these two properties offers a total of approximately 44,000 SF and over 3 acres. Please see MLS #11945762 for more information on 12054 S Doty.
HUGE PRICE DROP ***This mixed-use ASSET has GREAT VALUE APPRECIATION POTENTIAL. ****1.) The building is in the MIDDLE of Three (3) multi-million dollar City of Chicago Invest South/West Development Projects and 2.) The building is only two (2) Blocks for the Planned CTA Red Line Extension Project (RLEP), Train Station. *** The ASSET has Fantastic Potential for many kinds of businesses; a barbershop, retail store, office etc., on the main level. There is a two (2) bedroom one (1) bathroom apartment on the second floor. THERE IS ALSO a large separate back space that may be used or rented as needed. The walkout basement is subdivided, and has tall ceilings. BEING SOLD AS-IS WHERE-IS. Schedule by Appointment Only.
This 6-unit building offers an exceptional investment opportunity, boasting a strong cap rate of 12.3% to ensure solid positive cash flow. Comprising five 2-bed/1-bath units and one 1-bed/1-bath garden apartment, each unit features hardwood floors and spacious layouts with generously sized great rooms and large eat-in kitchens. Recent upgrades, including copper plumbing, updated electric systems, and extensive masonry work, enhance the building's value while reducing maintenance needs. Additionally, the property provides convenient onsite laundry facilities and five parking spaces at the rear. Positioned on a serene, tree-lined street near the esteemed Gwendolyn Brooks College Preparatory campus and Palmer Park, its location is highly desirable. This 6-unit walk-up presents an attractive opportunity for investors seeking strong cash flow and potential value appreciation in a prime Chicago location.
It stands by itself at a major Avenue. Surrounded by 42 parking spaces! Secured with Metal Privacy Fences and surveillance cameras watching over 108x198.7 lot size. Endless potential opportunity: Church, Restaurant, Banquet Hall, Retail Store, Medical Building, Administration building etc. Newer Roof. Well maintained and ready for your business.
Ideal location for Mixed-Use, Retail, Office, Medical or Restaurant business. 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.
Bring back to life this historic 14,256 sq ft on the busy shopping Halsted strip. This building is located in the West Pullman community which is filled with a long heritage of agriculture, factory production and transportation. There is plentiful transportation options, including easy access to Metra, I-57 and I-94. Currently zoned as B3-5 and has a daily traffic count of 18,735 this is a perfect location for innovative real estate development. Owner has added a new roof that less than two years ago and is still under warranty that will be passed on to the new owner.
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 60628 has a population of 2,722,586. Chicago 60628 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 60628 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 60628 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.