Fantastic corner building in West Humboldt Park. This renovated 7 unit building has 5 apartments and 2 retail spaces. This fully occupied building features mostly hardwood and some vinyl flooring, individual furnaces, stainless steel appliances, granite countertops, and overall condo quality units. The unit mix for the apartments: 4- 2 bedroom / 1 bathroom ; 1- 2 bedroom / 2 bathroom; 2 retail spaces; 1 parking space. The tenants are market rate with separate utilities, with the retail tenants being billed back for usage. Overall low operating expenses. Retail tenants are on long term GM leases. Outdoor signage income as well. This neighborhood has been rapidly improving with the recent addition of the Amazon distribution center is only fueling the growth. This is a great cash flowing investment property with a diversified income stream. Can be purchased with 3962 W Grand (MLS# 12161123)
Amazing Humboldt Park mixed use development/investment opportunity on 49 * 120 lot with C1-1 zoning in a prime location at the corner of two main streets (Chicago Ave. & Homan Ave.) 10-unit building consisting of two storefronts, one 3 bedroom/1 bath apartment, one 1 bedroom/1 bath apartment and six studios. In addition, there is also a 750-sf brick garage. All units are currently vacant. Income numbers are based on the most recent rents from when it was last fully occupied. The two storefronts were the home of a liquor store and a restaurant @$2,000/month each, the garage was occupied by an auto body shop @$1,000/month, 8 apartments (six studios @$750/month each, one 1 bed/1 bath @$750/month and one 3 bed/1 bath @$850/month.) All units have separate forced air heat and both storefronts also have central air conditioning. Electrical service to the building was upgraded in 2014. There are 11 separate electric meters and three gas meters servicing the storefronts and the three-bedroom apartment. Roof is 10 years old. Cash buyers only. Building needs work and is sold "As is".
Fantastic corner building at a busy intersection in West Humboldt Park. The building consists of 8 units with 5 apartments and 3 retail spaces. The building is fully occupied with all units individual metered for gas and electric. The retail tenants are all on GM leases with RUBS and rent increases in place. The apartment units are all market rate with some on leases and some month to month. The unit mix for the apartments: 3- 2 bedroom / 1 bathroom ; 2- 1 bedroom / 1 bathroom; 3 retail spaces. This neighborhood has been improving with the recent addition of the Amazon distribution center. The retail spaces have always remained occupied due to the strong location in the neighborhood. This is a high cash flowing investment property with a diversified income stream. Make it a part of your portfolio today!
The subject property is located at 3701- 3703 W Chicago 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 4,400 SF GLA (above grade) building including 2 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!
PERFECT FOR OWNER OPERATOR! $35K INCOME-UP AND GOING BEAUTY SALON INCLUDED WITH SALE OF THIS SOLID BRICK BUILDING FOR ONLY ONE PRICE. FULLY-EQUIPPED SALON ON 1ST FLR., 3 BEDROOM APARTMENT WITH UPDATED KITCHEN & BATH ON 2ND FLR. ADJACENT LOT ALSO INCLUDED. OWNER WILL ALSO SELL AS A PACKAGE W/5145 DIVISION FOR A DISCOUNTED PRICE! OWNER LIQUIDATING PORTFOLIO WHICH INCLUDES 5135 DIVISION & 5256 CHICAGO-FOR SMART OPERATOR
GREAT OPPORTUNITY FOR BUSINESS OWNER/OPERATOR! 1250 SQ. FT. OF RETAIL SPACE ON 1ST FLR. BASEMENT FOR STORAGE. LARGE 3 BEDROOM APARTMENT ON 2ND FLR. WITH UPDATED KITCHEN & BATH. CAN BE PURCHASED TOGETHER WITH '5145 DIVISION' FOR EVEN GREATER SAVINGS! RENTS ARE BELOW MARKET!
Are you considering Commercial Real Estate for your next investment? Look no further! This prime location offers a remarkable opportunity for your investment. This meticulously renovated property is situated in the vibrant Austin Community, right at the crossroads of Division and Austin, bordering the thriving Oak Park neighborhood. Comprising a total of 7 retail spaces, these units range in size from a spacious 615 square feet to a generous 1462 square feet.This property has undergone a comprehensive revitalization, boasting brand-new facades, an updated roof (2024), individual furnaces, state-of-the-art central air conditioning systems, separate electrical systems, fresh gutters, and new water heaters. Moreover, it's important to note that this property is fully leased with long-term tenants, ensuring a steady and reliable income stream. Boost Mobile and Verizon just recently renovated (2024) showing modern upgrades and refreshed interiors demonstrating commitment to long-term investments and confidence in the future success of their businesses. Its strategic location in a high-traffic area, combined with its corner building positioning, ensures exceptional visibility and accessibility.Don't miss this opportunity to make a wise investment in one of Chicago's most dynamic neighborhoods.
32 unit Brick multi family IN WEST HUMBOLDT PARK. All units are 2 bedroom units with heating units that have already been separated. Building is in need of extensive repair. Building has a mix use of two commercial spaces. . Multi unit building for investment. Building is *SUBJECT to Existing NEIGHBORHOOD STABILIZATION PROGRAM which is a CITY OF CHICAGO AGREEMENT. Please see agent remarks for details.
8800 SQFT Industrial/Warehouse space in prime central Chicago location. Well maintained TPO roof. Updated electrical throughout. 4 office spaces, 2 bathrooms. 1 12ft drive in door with additional 8ft door in back with loading dock. 12-14ft ceiling height throughout. Perfect structure for manufacturer, contractor, or warehousing. Phase 1/Phase 2 complete.
Property is not an active church, needs to be completely rehabbed or re-developed. Can not enter the property -not safe. Great opportunity.
Great Investment property! Newly remodeled apartments and businesses are clean and operational. Generates over $4k a month, super low taxes and very minimal maintenance expenses.
THIS PROPERTY HAS IT ALL. ITS A BIT OF CLUTTER BUT THE VALUE IS THERE. NEW 2.5 CAR GARAGE, NEW DECK, NEW PATIO AREA, NEW FLOORING, NEW ROOF, NEW SHELVES, CABINETS AND REMODELED BATHROOMS, SECURITY GALORE AND MORE TO SEE. GREAT DEAL FOR INVESTOR OR BUSINESS ENTREPRENEURS.ALL VIOLATIONS HAVE BEEN CLEARED BUILDING IS A CASH COW
Be apart of the South/West Commercial Corridor Improvement Strategy. Located just blocks east of Oak Park, Mixed-Use Building has (11 units total) 6 commercial units and 5 residential units. Commercial units are approx. 950 - 1600 sq ft (mol). Majority units are rented with long time tenants and leases in place. Property has been well maintained and updated. All units, both commercial and residential, are separately metered for heat and electricity. One apartment and 5 businesses with A/C (2 new 2018). New firewall and area tuck-pointing 2018. Waterproof Elastomeric Roof Sealant 2024. Clean, full unfinished basement provides additional storage. Adjacent leases. Residential units are 2 bedroom/ 1 bath units with stable parking lot available $30,000. PIN #16-05-431-018. MANY BUILDING IMPROVEMENTS!!!
High Traffic corner property consisting of 5 retail store fronts!! 5601-5609 W Chicago! Will not last! Call NOW!!
Historic Humboldt Park offers this rare and hard to find brick 3-story 6 unit with a non-conforming 7th unit. The 2nd and 3rd floor 4 units consist of 6 rooms, 2 bedrooms plus a bonus den. Hardwood floors throughout, large living rooms & formal dining rooms w/ spacious kitchens. The 2 first floor units feature 5 rooms, 2 bedrooms. Living rooms with open kitchens. The 7th unit in the rear of the first floor is a 3 room 1 bedroom. All units have separate GFA heat. One unit has central air. Common hot water tank for the building & separate CB electric meters for all units. Coin operated laundry for extra income. Beautiful large backyard with a 2-car brick garage (potential for additional income). Great units and tenants... Long time tenants. All tenants are M to M. Complete tear off roof in 2021 and back windows of property. The owner has done several updates throughout the years. Property is being sold in AS-IS but a great opportunity for a savvy investor in a prime location!
Warehouse/Auto related vehicle building, offering about 25,000 Sq. ft. of land and 6,200 Sq. ft. of building at the corner of Cicero Ave. and Crystal St., currently leased month-month, to mechanical repair shop. Office space with a couple of baths, overhead garage door/loading deck with fenced parking lot and C1-1 zoning. Located on busy IL 50/Cicero Ave. between Division St. and North Ave. Central location to the city and all suburbs, and within short distance to interstates, and O'Hare Airport.
Very unique brick building 4300 sqft with truss roof. At front small office section and big open area in back. Perfect for body shop, warehouse, galery etc. In back overhead door. Property sold "as is" condition
The subject property is located at 3620 West Division Street., Chicago, IL 60651 (the "Property"). As the sole and exclusive Broker, the JonBerg Group of Baird & Warner Real Estate, INC has been retained to present the sale of this investment/owner-user opportunity. This urban 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 mixed commercial and residential city setting. It features a one-story 5,000 SF GLA (above grade) building including 3 storefronts currently 100% occupied on an 8,880 SF (0.20 acres) rectangular-shaped site. The subject property presents the unique opportunity to acquire a stand-alone building in the Humboldt Park district.
Amazing opportunity to own this 22,355 SQF free standing building. Three separate PIN numbers and addresses make it ideal to occupy or lease individually. EPA phase I and II have been completed and passed October 2023. New roof installed 2019. 12 parking spots plus plenty of street parking. Excellent shipping and receiving set up with 3 doc doors. Great demographics, conventionally located near main streets and highways. Next to strip shopping center and many new developments in the area. Some of the permitted uses include general manufacturing, industrial class one, freight terminal and movement, car wash, vehicle sales, repair shop and storage warehouse.
This former 9,000 sqft grocery store is a blank slate, perfect for your retail or industrial needs. Zoned B3-1 allows you to transform this space to fit your usage. Nestled on Division, both blocks away from N Cicero Ave and La Follette Park, this corner lot space will have high traffic year-round for your next establishment. Owners spent over $144,000 last year on roof, masonry, and other upgrades!
This two story mixed use building is ideally situated on a corner lot in the heart of Austin! Building consists of 6 residential apartments and 2 stores and currently generating $75,600. 3-1bed/1 bath and 3-2 bed/2 bath. All are currently occupied. Gross rent multiplier of 6.6!!!
GREAT OPPORTUNITY! 2 unit - mixed use property on the corner lot in Humboldt Park! Needs updating of apartment rental unit of 1500 sq ft. Long standing first floor commercial tenant lease $1350 with two year remaining that would love to stay. Rent is under market because no increases over the last several years. There are many developments by both the city and private investors happening in the immediate area. There are NO city code violations on property. Property being sold "As-Is"
Welcome to an exceptional development opportunity located at the southeast corner of Division & Kimball. This prime site, measuring 48x111, presents the perfect canvas for a lucrative real estate venture. Proposed is a center entrance 6-unit condominium building, promising an attractive finished gross sale projection of $2,000,000. This project offers the potential for substantial returns on investment. Furthermore, environmental concerns have been addressed, with underground storage tanks responsibly removed in 1999. Removal reports are available upon request, ensuring transparency and compliance with regulations. Currently occupying the premises is a auto repair shop featuring 5 bays, a lobby, and a half bath. It is important to note that the property is tenant-occupied on a month-to-month basis, and therefore, discretion is advised to not disturb the tenant
ALL BRICK 5 UNIT MULTIFAMILY BUILDING FOR SALE IN CHICAGO HUMBOLDT PARK NEIGHBORHOOD.THIS IS A GOOD INVESTMENT PROPERTY FOR AN INVESTOR WITH GOOD VISION TO UPDATE AND MAKE PROFIT OFF MAXIMIZED MARKET RENT.GOOD FEATURE TO NOTE IS THIS PROPERTY IS DIRECTLY ACROSS FROM THE NEW LYFT INNOVATION TERMINAL IN HUMBOLDT PARK WHICH IS CURRENTLY BEING BUILT.LOOK IT UP AND YOU WILL GET AN IDEA OF IT WILL DO FOR THE AREA. CURRENTLY THE PROPERTY IS VACANT. BUILDING BEING SOLD AS IS CONDITION.MOTTIVATED SELLER.BRING ME AN OFFER. IT IS NEGOTIABLE.
All masonry turn key 7 unit building with large bedrooms, big living spaces and sunrooms. Gut rehabbed in 2016. Six units are 2 bed/1 bath with big living spaces, English garden is a 1 bed. All units have central air and heat, SS appliances including a dishwasher, garbage disposals, mini blinds, hardwood floors, thermopane windows with mini blinds, large bathrooms with linen closets. Three car detached garage. Security buzzer system. Coin operated laundry on site. Individual storage units.
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 60651 has a population of 2,722,586. Chicago 60651 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 60651 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 60651 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.