Chicago IL Commercial for Sale
$455,000
300 E 47th Street Chicago, IL 60653
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Baths:
- MLS#:
- 12259770
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Courtesy: Compass
847-616-9910
ADDITIONAL INFORMATION
Prime vacant land perfect for development. This terrific corner lot is ideally located East of 90/94 and just west of the 47th St. stop on the Green Line. Call listing agent for more info.
- Type:
- Condo
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 12256797
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Courtesy: Keller Williams ONEChicago
312-216-2422
ADDITIONAL INFORMATION
Discover a one-of-a-kind property in the vibrant Bronzeville neighborhood of Chicago, offering endless possibilities for investors and creative entrepreneurs alike. This stunning 3-story red brick and terra cotta building, part of the prestigious Oakwood King Commercial & Residential Condominium Associations, combines historic charm with unparalleled customization potential. The ground-level space, spanning 750 square feet, is perfect for retail or office use, making it an excellent option for small businesses or professional services. In addition to this space, the two residential condos located above the retail/office unit are also available for sale. Together, these properties provide the unique opportunity to create a live/work environment, blending business operations with comfortable, private living. Listed at just $175,000, this combined offering delivers incredible value in a rapidly revitalizing area. Each of the three levels offers approximately 750 square feet of space, with the two upper floors featuring soaring 15-foot ceilings, ideal for creating lofted areas and maximizing usable square footage. The property's flexible layout allows for dual terraces on the south side and majestic window and door walls that flood the interiors with natural light, creating an inspiring environment for both work and living. Situated on King Drive, this property is surrounded by Bronzeville's rich cultural heritage and ongoing redevelopment efforts. The neighborhood benefits from proximity to public transportation, local businesses, cultural landmarks, and new residential developments, making it a prime location for retail, residential, or mixed-use spaces. This unique opportunity offers not only architectural beauty but also significant investment potential. Whether you're an entrepreneur seeking a live/work space or an investor looking for a property with strong appreciation potential, this is your chance to own a piece of Bronzeville's renaissance.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1882
- Baths:
- MLS#:
- 12199894
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Courtesy: Jameson Sotheby's Intl Realty
312-751-0300
ADDITIONAL INFORMATION
4522 S. Calumet presents an exceptional investment opportunity: a meticulously gut-rehabbed six-unit walk-up in Chicago's thriving Bronzeville neighborhood. This property perfectly blends historic charm with modern luxury, situated on a premier block among new construction townhomes. Its prime location offers easy access to the diverse amenities of Hyde Park, Kenwood, and Bronzeville, attracting quality tenants who appreciate high-end finishes and urban convenience. The building boasts an ideal unit mix, featuring two (2) spacious 3bed/1.5bath duplex units and four (4) well-appointed 2bed/1ba simplex units. Each apartment showcases updated kitchens with modern, open layouts and renovated bathrooms, appealing to discerning renters. Completely gut-rehabbed to the bricks in 2014-2015, the property has been overhauled from plumbing and electricity to floors, ceilings, and roof, ensuring low maintenance costs for years. Additional amenities include a fenced-in backyard and on-site parking for four vehicles, further enhancing its appeal. 4522 S. Calumet offers investors a rare opportunity to acquire a turnkey, cash-flowing asset in one of Chicago's most promising and rapidly developing neighborhoods. With its strategic location, high-quality renovations, and strong rental demand, this property is poised for appreciation and stable returns in the burgeoning Bronzeville market.
$1,000,000
4301 S King Drive Chicago, IL 60653
- Type:
- Other
- Sq.Ft.:
- 12,580
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- MLS#:
- 12219267
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Courtesy: MoHall Commerical & Urban Development
312-826-9925
ADDITIONAL INFORMATION
Introducing the Historic T.K. Lawless Building at 4301-4309 S. King Drive-A Prime Development Opportunity in Chicago's Vibrant Bronzeville Neighborhood. This iconic two-story commercial office building, named after the pioneering dermatologist Dr. Theodore "T.K." Lawless, serves as a testament to Bronzeville's rich cultural and historical heritage. The property spans 10,900 SF on a strategic corner lot with 109 feet of frontage along East 43rd Street and 100 feet on S. King Drive, ensuring excellent visibility and access in a district known for its deep historical roots and vibrant community life. The building itself encompasses a total building area of 12,580 SF. The layout includes spacious administrative offices and conference rooms on both floors, ideal for redevelopment into a variety of uses such as educational facilities, creative lofts, or community centers. Highlighted by a striking mural of Nat King Cole, the building reflects the neighborhood's legacy as a hub for influential African American artists and intellectuals. Strategically located within Bronzeville, the T.K. Lawless Building is poised near major Chicago attractions and essential transportation links. It is just a short 5-mile drive from the Chicago Downtown Central Business District, offering potential for significant commuter and consumer traffic. Proximity to the Dan Ryan Expressway (I-94), only 1.20 miles to the west, and Lake Shore Drive, merely 0.50 miles to the east, provides excellent connectivity to the wider Chicago area. Public transportation is readily accessible, with several Chicago Transit Authority (CTA) bus routes passing directly by the building, enhancing its appeal to both visitors and everyday commuters. The building's location is also within easy reach of renowned Chicago landmarks such as the Museum of Science and Industry, the future Obama Presidential Center, and the bustling corridors of the University of Chicago, all less than 10 minutes away. Zoned B3-3, Community Shopping District, the T.K. Lawless Building presents a rare and valuable opportunity for developers and non-profit organizations to reinvent a significant piece of Chicago's heritage. Whether envisioned as a cultural center, educational institute, or creative workspace, this property offers a unique canvas to create a landmark that honors its historical significance while embracing contemporary needs. Seize the opportunity to transform the T.K. Lawless Building into a modern legacy in the heart of Bronzeville, where history meets boundless potential.
$350,000
3957 S King Drive Chicago, IL 60653
- Type:
- Condo
- Sq.Ft.:
- 25,426
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1916
- Baths:
- MLS#:
- 12217779
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Courtesy: Keller Williams ONEChicago
312-216-2422
ADDITIONAL INFORMATION
Excited to present an exclusive opportunity to acquire a single office/retail condo located in the vibrant neighborhood of Bronzeville, Chicago. Property Details: Location: 3957 S. King Dr. Condo B, Chicago, IL 60653 Square Footage: 900 SF List Price: $350,000 Price per SF: $389/SF Zoning: Commercial B3-3 Current Tenant: Month-to-month lease, paying $1,300/month Pro Forma Rent: $1,500/month Investment Highlights: Location: This retail condo is situated in the historic Bronzeville neighborhood of Chicago, a thriving community known for its cultural significance and revitalization efforts. The area benefits from high foot traffic and proximity to public transportation, local businesses, and residential developments, making it an ideal location for retail tenants. Current Income: The property is currently leased to a tenant on a month-to-month basis, paying $1,300 per month ($15,600 annually). This arrangement provides flexibility for an investor to renegotiate or secure a long-term lease at market rates. Pro Forma Income: The projected market rent for this retail space is $1,500/month, which would generate $18,000 annually. This increase offers an immediate value-add opportunity for an investor looking to boost cash flow. Strong Price per SF: At $389/SF, this property is competitively priced for the Bronzeville market, offering long-term appreciation potential as the neighborhood continues its growth trajectory. Financial Overview: Current Gross Annual Income: $15,600 Pro Forma Gross Annual Income: $18,000 Potential Upside: With a pro forma rent increase of $200/month, the annual rental income could increase by $2,400. Market & Neighborhood Outlook: Bronzeville is experiencing ongoing redevelopment and investment, making it a highly desirable location for retail and mixed-use properties. The retail condo is well-positioned to benefit from the area's growth, driven by new residential projects, cultural attractions, and retail demand. Investors can capitalize on the neighborhood's upward trend while enjoying stable rental income and long-term appreciation. Investment Summary: This 900 SF retail condo at 3957 S. King Dr. Condo B presents a solid investment opportunity with existing cash flow and potential for rental growth. At $350,000, the price is favorable for investors seeking to acquire retail space in a vibrant and growing Chicago neighborhood. With the potential to secure a long-term tenant at a higher rate, the property offers both short-term income and long-term value appreciation.
- Type:
- Church/School
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1958
- Baths:
- MLS#:
- 12121627
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Courtesy: Kingsworld Realty Group, Inc.
773-968-9670
ADDITIONAL INFORMATION
THIS STRUCTURE WAS PREVIOUSLY USED AS A CHURCH, OWNER ATTEMPTED TO MODIFY IT AS AN EVENT CENTER. THE PROPERTY IS READY FOR ALL YOUR IDEAS. IT COULD BE USED AS A CHURCH, EVENT CENTER, CONDO OR TOWNHOMES. OWNER IS READY TO WORK WITH ALL OFFERS AND IDEAS. BUILDING IS BEING SOLD IN "AS-IS" CONDITION
- Type:
- Other
- Sq.Ft.:
- 20,171
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 12184165
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Courtesy: MoHall Commerical & Urban Development
312-826-9925
ADDITIONAL INFORMATION
MoHall Commercial proudly presents an unparalleled opportunity to own a piece of Chicago's storied Bronzeville neighborhood, an area undergoing a transformative renaissance. This is an extraordinary chance to purchase a historic landmark in the heart of Chicago's burgeoning Bronzeville neighborhood, an area at the forefront of urban revitalization and growth. Built in 1922 as the South Side Trust and Savings Bank, this iconic 20,171 square foot building showcases stunning Classical Revival architecture by renowned architect Albert A. Schwartz, featuring limestone facades, grand Corinthian columns, and intricate architectural details that make this a standout property for any visionary developer. The property's B1-1 zoning allows for a wide array of potential uses, including mixed-use development, retail, office space, or even a residential conversion. Situated on a highly visible corner lot, the building benefits from dual street frontage, offering exceptional exposure to both vehicle and foot traffic. The property is further enhanced by two adjacent parking lots, providing significant value for future commercial tenants or customers seeking convenience. The strategic location and flexibility of this property make it ideal for developers looking to capitalize on the ongoing transformation of Bronzeville. Bronzeville, historically significant and culturally rich, is undergoing a resurgence driven by major public and private investments, including the Bronzeville Lakefront megadevelopment just minutes away. This major project will bring an influx of new residential units, retail spaces, and life sciences facilities, cementing the area as a hub for innovation and growth. The property is also close to several cultural landmarks, including the DuSable Museum of African American History and the forthcoming Obama Presidential Center, ensuring that this location will continue to benefit from increasing foot traffic, tourism, and community investment. The area is home to thriving businesses, restaurants, and retail, and developers will appreciate its proximity to major transportation routes. The property is easily accessible via CTA bus routes, the Green Line station, and is a short drive from Lake Shore Drive, I-90/94, and I-55, making travel to and from downtown Chicago and the surrounding areas seamless. In addition, the proximity to the University of Chicago and the Medical District positions the property at the intersection of education, healthcare, and business, making it an attractive location for a wide range of potential tenants or buyers. For developers, this site offers limitless possibilities. Whether you envision creating a mixed-use hub, a luxury residential conversion, or a corporate office space, 4659 S Cottage Grove Ave stands ready for a transformative project that will add value to the already flourishing Bronzeville neighborhood. As the Bronzeville area continues to see heightened development and economic activity, the opportunity to own a historic, well-located property like this is truly rare. Take advantage of this opportunity to shape the future of Bronzeville. With its historic charm, prime location, and proximity to major investments and cultural landmarks, 4659 S Cottage Grove Avenue is poised for its next chapter.
$650,000
700 E 47th Street Chicago, IL 60653
- Type:
- Other
- Sq.Ft.:
- 3,600
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2004
- Baths:
- MLS#:
- 12136623
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Courtesy: Millennium Properties RE, Inc.
312-338-3000
ADDITIONAL INFORMATION
A 3,600 square foot retail center located in Chicago, IL is available for sale. This property is situated on a substantial stretch on 47th Street in Bronzeville. Tenants at the center include Raven Scaife/Pretty Hair Boss Studio, Taqueria Varitas and LaJoie Hair Care. Prominent pedestal, ample parking and close proximity to public transportation makes this is great opportunity for an investor. This property is situated in the commercial district of Bronzeville neighborhood, one of the rapidly growing sub-divisions of Chicago's south side.
$910,000
63 E 43rd Street Chicago, IL 60653
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1909
- Baths:
- MLS#:
- 12129171
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Courtesy: Baird & Warner
312-640-7010
ADDITIONAL INFORMATION
PRIME 43RD STREET MIXED USE (9 STORE FRONT ONE 2 BEDROM UNIT) COMMERICIAL PROPERTY. THIS IS A HIGH TRAFFIC LOCATION. PROPERTY IS ARCHORED BY ALICE'S BAR B Q STORE AND X-WINGS. OTHER STORES INCLUDES: BARBER SALON, BEAUTY SALON, SWEET SHOP AND EVENT SPACE. ABOVE THE SOUTHEAST CORNER WING STORE IS A 1200 SQFT 2 BEDEOOM APARTMENT. SINCE 2022 CAPITAL INPROVEMENT INCLUDES NEW FURNACE, CENTRAL AIR, NEW BATHS, PLUMBING, ELECTRIC AND TUCKPOINTING! LOCATED 2 BLOCKS FROM CTA 43RD ST. GREEN LINE AND NEW RESIDENTIAL DEVELOPMENT. TWO BLOCKS SOUTH IS THE CHICAGO URBAN LEAGUE HEADQUARTERS. DON'T MISS OUT OUT ON THIS PRIME PROPERTY THAT HAS GREAT POSSIBILTIES.
- Type:
- Other
- Sq.Ft.:
- 1,800
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1903
- Baths:
- MLS#:
- 12126532
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Courtesy: Su Familia Real Estate Inc
773-581-9600
ADDITIONAL INFORMATION
Amazing opportunity to start or to relocate your business to the very desired Bronzeville Area! Spacious 860 SF open space on the front with an 860 SF makes it look bigger with 2 skylights that shine brightly from the 16-ft ceilings. This property is super unique sits on a corner of Giles and an alley. Do not hesitate and call your Agent before this is gone! A Must Buy! Offers need to be subject to prior contract cancellation.
$1,650,000
4636 S King Drive Chicago, IL 60653
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- 12108991
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Courtesy: Realty One Group Heartland
708-678-1000
ADDITIONAL INFORMATION
GRAND & ELEGANT DEFINES THE HISTORICAL MAMMOTH LIFE AND ACCIDENT INSURANCE COMPANY LIMESTONE BUILDING. ARCHITECT HENRY L. NEWHOUSE. CHICAGO'S 1ST BLACK OWNED INSURANCE COMPANY. BUILT IN 1925 THIS 7,500 SQUARE FEET BUILDING IS LOCATED IN THE HEART OF BRONZEVILLE/GRAND BOULEVARD 47TH STREET EMERGING RETAIL DISTRICT! ZONED B3-3 COMMUNITY SHOPPING DISTRICT, ALLOWS MORE TYPES OF BUSINESSES WITH APARTMENT PERMITTED ABOVE THE GROUND FLOOR. CLOSE TO GREEN LINE, LAKE SHORE DRIVE (EAST) AND DAN RYAN EXPRESSWAY (WEST) 15 MINUTES FROM DOWNTOWN CHICAGO. THIS PROPERTY OFFERS THE MOTHER LOAD OF REDEVELOPMENT OPPORTUNITIES! SOLD "AS IS". THIS PARCEL IS SUITED FOR A CREDIT UNION, BANKING INSTITUTION, ALL OFFICE TYPE BUSINESSES. NEEDS COMPLETE REHAB. SELLER HIGHLY MOTIVIATED CONSIDERING ALL OFFERS.
$1,800,000
4650 S Indiana Avenue Chicago, IL 60653
- Type:
- Other
- Sq.Ft.:
- 14,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1948
- Baths:
- MLS#:
- 11971037
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Courtesy: @properties Commercial
312-506-0200
ADDITIONAL INFORMATION
Welcome to a fantastic opportunity to own or lease a commercial retail space in the vibrant Bronzeville neighborhood of Chicago. This spacious 14,000 square foot retail building, located at 4650 S Indiana Ave, boasts 5 storefronts and is currently being remodeled to meet the modern standards of today's businesses. The property offers flexible leasing options, with the ability to divide the space as small as 1,200 square feet or as large as 7,500 square feet. The zoning of B3-3 allows for a variety of uses. This retail space is perfectly situated for easy access to transportation options, including the CTA Green and Red Line, making it a convenient location for both customers and employees. The property also has multiple access points to the 90/94 interstate, making it easy for customers to reach your business from anywhere in the city. Onsite parking is available, making it easy for your customers to visit your store. The property's high traffic location and great visibility make it an ideal location for new and existing businesses alike. Bronzeville is a vibrant community that has undergone a significant revitalization in recent years, with many new businesses and developments opening in the area. The neighborhood is known for its rich cultural history, beautiful architecture, and a thriving business community. Located just minutes from the Loop, Bronzeville is also home to many popular tourist destinations, including the DuSable Museum of African American History and the Illinois Institute of Technology. The neighborhood is also famous for its annual Bud Billiken Parade, which attracts more than one million attendees every year. In addition to its rich cultural history, Bronzeville is also home to the Bronzeville Lakefront development, a massive redevelopment project that will bring new parks, retail spaces, and residential units to the area. This exciting new development will further enhance the neighborhood's already thriving business community, making it the perfect location for your business to grow and succeed. Don't miss out on this excellent opportunity to lease a prime retail space in one of Chicago's most vibrant neighborhoods. There are two leases in place currently, Grocery store & a Daycare. Contact us today to schedule a viewing and take the first step towards your new business location.
$1,100,000
Address not provided Chicago, IL 60653
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2010
- Baths:
- MLS#:
- 11944346
View additional info
Courtesy: Keller Williams ONEChicago
312-216-2422
ADDITIONAL INFORMATION
This is a place of great opportunity. Take over at the restaurant that has been established as a neighborhood favorite or reimagine the space for your business. Developers the opportunity is there for you to develop a new space on the east lot 60 E. Pershing which is included with the sale. The building has a 3300 sq foot duplex condo that you can call home or make an outstanding Air BNB
- Type:
- Other
- Sq.Ft.:
- 15,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1911
- Baths:
- MLS#:
- 11888873
View additional info
Courtesy: Coldwell Banker Realty
312-266-7000
ADDITIONAL INFORMATION
Architectural Grandeur in Bronzeville with the musically historical Sydni Building. This iconic landmark was once home to the legendary 708 Blues Club, frequented by musical greats like Buddy Guy and Muddy Waters. This storied past with ties to iconic musicians make it a rare gem waiting for a new chapter. This space boasting over 7000 square feet of stunning timber post and beam construction feature a dramatic barrel-vaulted open bow truss ceiling. Ready for Your Vision: Extensive repairs and improvements have already been made, providing a blank canvas for your custom build-out. Enjoy the loft aesthetic with exposed sandblasted brick walls and a rebuilt concrete floor. Flexible B1-1 zoning, the possibilities are endless. This space can accommodate a wide range of uses, making it ideal for businesses of all types- a restaurant seems most logical but owners are open to your ideas! Benefit from an included rear loading dock with an overhead door off the alley, average 12-foot ceiling heights, stairwell's and elevator shafts have also been rebuilt. Conveniently located in the heart of Bronzeville with shopping, transportation, restaurants, expressways and more all close by.
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Chicago Real Estate
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 60653 has a population of 2,742,119. Chicago 60653 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 60653 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 60653 is 35.1 years.
Chicago Weather
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.