This building is a true gem. Most of the work has been done in the last couple of years and it is ready for a new owner to have a worry free investment. The units are very spacious with nice room sizes. The rents are close to market but there is still room to increase them. Following is some of the work that has been done: Full roof tear off replaced with a new TPO roof and 5.2 inch insulation. Replaced 38 lentils above windows and spot tuck pointed the entire building. New copper plumbing and 8 individual hot water heaters. Each unit has new forced air HVAC. New 800amp electrical service and rewired all units with conduit and electrical boxes in each unit. Converted all 1 bedroom apartments to 2 bedrooms and 2 bedroom apartments to 3 bedrooms with additional layout changes to accommodate. All bathrooms have been updated with new tile, new vanities, new toilets, and flooring. All apartments have new kitchen cabinets, sinks, plumbing, and countertops. Appliances include stoves, dishwashers, microwaves, refrigerators, and washers and dryers in each unit. There are no units are in the basement so there is a possibility to duplex down.
WOW!!! Rarely available Jefferson/Portage Park, Chicago well-maintained Legal 5-unit brick building. Amazing Location!! Five 2-bedroom, 1-bathroom Units! Hardwood floors in all 5 units. 1-car parking for each apartment at back of building. Baseboard heat. Storage lockers & laundry room. 5 Separate Gas Hot Water Heating Systems! All units include stove and refrigerator. city picks up trash! Possible Extra Inlaw unit w/Plumbing in basement! Excellent investment opportunity. Rents are currently under market and can be Significantly increased!!!!!. Excellent location: Walk to CTA! Walk to tons of shopping and dining on Montrose! And near highway! Beautiful property. You don't want to miss this one!! FANTASTIC OPPORTUNITY! You are going to LOVE IT!
Introducing 5920-22 W Irving Park Rd, Chicago, IL 60634, a unique commercial opportunity in the heart of Chicago's bustling Irving Park neighborhood. This versatile property, formerly a liquor store and adjoining laundromat and dry cleaner, offers endless possibilities for your next business venture. The previous liquor store has a large fixed walk-in cooler and 2 walk-in freezers and a restaurant hood. The laundromat/dry cleaners has many of the built-in items and pre-plumbing. Situated on a prominent corner lot with high visibility and traffic, this 7300 sq ft space is perfect for a variety of retail or service-oriented businesses. The property is currently vacant, providing a blank canvas for you to customize and transform into your dream establishment. With large natural gas, electrical heavy power and large water supply the space could be used a grocer, laundromat, dry-cleaner or as a multiple Ghost-kitchen, bakery, or restaurant. There are also plans for a mixed-use new construction with 1 commercial space and 8-units available and can be shared by request. The former liquor store area features an open floor plan, allowing for easy adaptation to suit your specific needs. Large storefront windows provide ample natural light and excellent visibility for your business. The adjoining laundromat and dry cleaner space offers additional square footage, ideal for expanding your business or leasing out to generate additional income. Located in a densely populated area with a strong mix of residential and commercial properties, this property benefits from a steady flow of foot traffic and a hard corner with lots of street parking. The surrounding neighborhood is home to a diverse array of shops, restaurants including Giordano's Pizza, and services, ensuring a vibrant and thriving community. With convenient access to public transportation, including the CTA Blue Line and multiple bus routes, this property is easily accessible for both customers and employees. Additionally, the property is just a short drive from the Kennedy Expressway (I-90), providing quick and easy access to downtown Chicago and the surrounding suburbs. Best for last, there is a $150k SBIF Grant available now. Don't miss this exceptional opportunity that now may be eligible for for a TIF Grant from the City of Chicago due to it being in the TIF Corridor.
LARGE CORNER LAND PARCEL. USE AS EXISTING OR CONVERT (OR TEAR DOWN) 2 BRICK BUILDINGS - CURRENTLY A 2 LEVEL CHURCH WITH 3 LEVEL SCHOOL BUILDING WITH BANQUET HALL AND FULL KITCHEN IN LOWER LEVEL. APPROXIMATELY 12,000 SF. PROVIDES FOR ABOUT 180 ATTENDEES. PLENTY OF PARKING. CONSISTS OF 6 CITY LOTS 152 X 126.50. PROPERTY NEEDS UPDATING OR PERFECT DEVELOPMENT OPPORTUNITY. CURRENT ZONING RS-2. MINUTES FROM SHABBONAH PARK WHICH OFFERS AN INDOOR POOL. BORDERING BETWEEN BELMONT/CENTRAL, SCHORSCH VILLAGE, AND PORTAGE PARK NEIGHBORHOODS. SOLD AS IS. ADDITIONAL PIN IS 13-20-308-036-000
Original owners decided it's time to sell. All units are above grade. No garden units! This beautiful yellow brick building is being offered for sale for the first time in 50 years! This high visibility prime corner location offers more parking for tenants as well as more sunlight and an overall open and more comfortable feel! There are 6 parking spaces in the rear off the alley that are sizable and easy to access. The unit mix is comprised of 6 units in total with 5 being 2 bedrooms and 1 bath and 1 unit having 1 bedroom and 1 bath. As you can imagine these rents are very low due to the long time owners and long time tenants. Do your own math and you will be impressed at how much the NOI will change with only a modest rent increase. All tenants are on a month to month lease. Building was newly tuckpointed 3 years ago! Market rents for the 2 bedroom units $1500-$1800 and for the 1 bedroom unit $1150-$1400. See pro forma under additional information using the low end of market rents. This quality 6 unit building is a huge win for your portfolio!
Under contract during processing
This expansive three-city-lot property on bustling Montrose Avenue with 22,000 cars driving by per day offers unparalleled potential for entrepreneurs and developers. Zoned for a variety of commercial uses, including auto shops, washes and more. The six-bay shop has high ceilings, office space, bathroom, retail in front and a waiting area. Benefit from an existing customer base and a prime location in Portage Park on a busy corner off Montrose. Ample street parking and flexible zoning make this property an exceptional opportunity.
Excellent opportunity for investors and business owners in Chicago's Dunning community! Unleash the potential of an estimated 3,000 sq. ft. structure, perfectly divided into three dynamic storefronts on two PINs that encompass 6224-6226 W. Addison. Nearby 2023 est. daily traffic counts: 19,093. Imagine the possibilities with ample parking off the alley. This gem is being sold by the Cook County Land Bank Authority and offers the chance to bring your vision to life and create a bustling community hot spot.
Great Location to own this brick commercial building or start your own business, endless opportunities, on busy Addison St. near Harlem & Irving Plaza Mall. 1,600 SF Building with 3,100 sq. ft of property total. This is a great opportunity to own a storefront building with a beautiful fenced-back terrace. The current long-term tenant uses it as a private/member cafe/restaurant and would like to stay but will move out also. "SELLER IS HIGHLY MOTIVATED"* Contact Listing Agents with any questions-parking on Street.
OWNER/USER ALERT!!! Far Northwest side of Chicago location!! Single story brick commercial storefronts at the front and 1.5 story 3 bedroom, 2 bathroom Single Family Home at the rear. Commercial building measures 35' wide by 55' deep and is approximately 1,925 sf. The corner is a coffee shop, approximately 1,100 sf and space next door is a former insurance agency, 825 sf. Each space has its own GFA/CA, hot water tank, and circuit breaker electric, front and rear exits, and is slab on grade. Roof is flat and recently resealed. Coach house is aluminum sided, has two wide exterior porches with front and rear entrances, and exit to side or alley. Single Family Home measures approximately 30' wide by 50' deep at grade level, plus an upper floor. Home has a newer gas hot water heating system and basement storage space, unfinished. Small yard and walkway between both buildings leaves some outdoor rec area. Corner gives businesses and residents ample unrestricted parking on both Ozark and Addison! Great opportunity for a business operator to economize!! Also, CTA steps away, minutes to Cumberland or Harlem Blue Line trains, I-90 interchange to Loop or short ride to O'Hare, Rosemont restaurant/entertainment district, Rivers Casino, Belmont/Thatcher shopping center and Harlem Irving Plaza. SELLER READY TO DEAL, AND WILL CONSIDER OWNER FINANCING!!!
5960 square feet of mixed-use commercial property currently upstairs is used as a residential two apartments 2 bed 2 bath 1500 square feet each. Building Main level front and rear is used as offices, Fron office has to a large office front area 25 x 30 with 20-foot ceilings 4 individual rooms approximately 10 by 10 a kitchenet and aa half bath. Rear office has a 2-floor warehouse approximately 25 by 35, 2 rooms 10 by 11 and another half bath. building totaling of 6000+ square. Electrical has been updated in 2020 along with 2 out of 3 HVC units. Outside tuck pointing and brick work along with flat rubber room in 2015.
Rarely available opportunity to acquire a prime mixed-use property along high-visibility Montrose Ave. Perfect retail/office business in busy location with spacious rental unit on the second level. First floor holds a versatile 6-room/1.5-bathroom office space, currently utilized as a physical therapy office. Featuring a reception area, private office, full and half-bath, plus a utility room equipped with two furnaces for HVAC, a water heater, laundry facilities, and ample storage. Access to the second level is available via both exterior and interior entry points. Second level holds a 3 bedroom/1 bathroom residential unit with bright living room + front balcony, kitchen, and dining area. Back deck leads to large backyard with 2 car garage. The property is B3-2 zoning which allows for more types of businesses than B1 and B2 districts. Maximum street visibility and foot traffic makes this the ideal investment opportunity for owner-occupants or business users seeking solid apartment rental income to offset expenses. ****The information about zoning comes from the city zoning map and broker makes no representation as to the actual zoning and buildability**** Buyer to confirm zoning and buildability****
Great opportunity to get into sought after Irving Dunning area of Chicago! Perfect for retail, medical, or entertainment. Apartment above for additional income. Solid brick exterior and flexicore concrete ceiling. Desirable off street parking in rear of building. Less than half mile from Harlem Irving Plaza. Close proximity to major expressways and Metra. Annual average daily traffic count: 16,200 per IDOT in 2021.
Welcome to an exceptional opportunity in the neighborhood of Belmont Cragin, presenting a versatile 7,500 square feet of retail with parking in the rear of the lot. Located on at the corner of Addison Street and Nagle Avenue-block end to end, just west of Austin Avenue. This property offers a blend of lucrative tenancy and enticing vacancies for potential expansion, lease, and owner operations. Spanning an expansive 7,500 square feet of, sitting on approximately 11,337 square feet of land with 123' feet frontage on Addison Avenue, seeing 17,724 vehicles per day. This property is zoned B3-1 and provides ample space to accommodate diverse business ventures. The layout includes a total of four tenant spaces along with two vacant areas, strategically designed to maximize functionality and profitability. Strip center with 4 spaces. Tenant 1: Automotive business occupying 2,800 SF. Equipped with a convenient drive-in door, this space caters to the automotive industry's demands with efficiency. Tenant 2: Another automotive enterprise encompasses 2,300 SF, also facilitated with a drive-in door. With two vacant adjacent spaces with approximately 900 SF and 1500 SF ready to be customized according to the discerning needs of prospective tenants, this property offers endless possibilities for expansion and diversification. Whether for additional automotive services, retail ventures, or office setups, the vacant areas present an enticing canvas for entrepreneurial endeavors. Please do not disturb businesses.
Don't miss out this fantastic opportunity to own and operate your business at the busy area on Irving Park Rd. Owner is retiring and hates to leave this beloved building, and willing to convey the business at no additional cost. Corner lot building offers 12+ parking spaces. Current zoning is B3-1, which allows more types of businesses than B1 & B2 districts. B3-1 allows shopping centers, large stores, and retail storefronts, often along major streets; apartments permitted above the ground floor.
Near lighted intersection - Belmont Ave / Oak Park Ave in the Schorsch Village neighborhood of Chicago - Fully leased, well maintained (approx.) 6,500 sf multi-tenant neighborhood corner retail strip. Ideal for the long term investor or for redevelopment. 80 feet of storefront on high traffic Belmont Ave. Approx. 10,137 Sf lot. Some parking in the rear. Surrounded by a diverse mix of residential, retail and office: Family Dollar, Insurance, Real Estate, Walgreens, restaurants, condos and single family homes.
IF YOU ARE LOOKING FOR A GOOD INVESTMENT PROPERTY, STOP LOOKING, YOU MAY JUST FOUND WHAT YOU'RE LOOKING FOR, A GREAT 4-UNIT FRONT BRICK BLDG. PRIME COMMERCIAL LOCATION, WITH 2 COMMERCIAL UNITS AND (2) 2 BEDROOM 1 BATH APARTMENTS. GREAT BELMONT CENTRAL LOCATION, "A PROPERTY YOU MUST SEE"
Pleased to announce the opportunity to acquire a 3,500 SF building currently hosting Los Cabos Restaurant, in the neighborhood of Portage Park, Chicago. The restaurant, which seats over 100 patrons, has been a fixture in the neighborhood for the past twenty years and is located on the southeast corner of the intersections of Central Ave. and Roscoe St. The restaurant sits on 0.35 Acres/15,298 SF of land, which hosts 35+ private parking spaces, and is open to an Average Daily Traffic (ADT) of 28,000 vehicles.
Net Leased Investment Property 7010 Sq. Ft. property with building and parking lot Fully Execute 15-year NNN lease with Texas based SpinXpress Laundry Highly successful Texas based company with over 20 locations Minimal Landlord responsibilities Strong Guaranty Fully Rehabbed in 2023-2024
Corner site located in Chicago's Dunning Neighborhood right on the Elmwood Park border just South of Belmont!! This 200 foot by 125 foot site is solid brick with multiple curb cuts already in place! 2 separate buildings with 3 separate pin numbers. This property consists of both the "Car Wash" & "Liquor Store" sites. The "car wash" building has a 2nd floor with apartments/offices above it along with 4 overhead doors! "Liquor Store" building is 4900 square feet! Property is tenant occupied.
Retail storefronts located in the Belmont Cragin neighborhood is available for sale and is currently leased to Cakes & Beyond, Kung Fu Karate School, Oscar's Foods and Puzio Insurance Agency. Fully occupied, this center offers solid in-place income. Situated on heavily-trafficked stretch of Belmont Avenue, this is a great opportunity for a user or investor. Nearby retailers include Target, Jewel-Osco, XSport Fitness, Lowe's, Home Depot, PetSmart, Tony's Fresh Market, Domino's Pizza and more.
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 60634 has a population of 2,742,119. Chicago 60634 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 60634 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 60634 is 35.1 years.
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.