Chicago IL Commercial for Sale
- Type:
- Condo
- Sq.Ft.:
- 2,600
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 12140871
View additional info
Courtesy: Berkshire Hathaway HomeServices Chicago
312-944-8900
ADDITIONAL INFORMATION
Oh the opportunities!!! Vintage river north loft/condo/office space building is ready for your next vision. Was previously a retail store, then a law firm and now an open canvas awaiting your creativity!! Residential use also currently permitted within the building. Build your dream condo or office space in this huge, expansive space with high ceilings! Extensive custom prarie style millwork throughout. Full kitchen and two half baths that can be converted to a full bath if wanting to make into a residential space. Hardwood floors throughout and the super high ceilings with beams, make this such a cool, unique space! 5 of 8 units available for sale in the building currently. Easy to show with some notice! HOA only 533.75/month. About 20k in reserves. No specials on the horizon. Come see your next awesome space!!
$3,650,000
603-07 N Wells Street Chicago, IL 60654
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1885
- Baths:
- MLS#:
- 12076118
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Courtesy: Dumas & Associates, Inc.
773-592-3015
ADDITIONAL INFORMATION
Unbelievable location! River North-near to Gold Coast. Building for sale -2 lots of record - 2 buildings connected- one Greystone facade building with 4 apartments up and on the main level, is a restaurant space that attaches to an indoor atrium room with a beautiful back patio atrium.Currently Bar Cargo. Lot size is 56x110. 1st floor is beautifully (was a garage)built out with many new improvements. The apartments upstairs are rented with the restaurant as storage and office space. Fully leased Do not disturb tenants.tenant pays apx $27,000 plus all utilities and partial tax. Non disclosure required for more financial info.
$1,375,000
507 N Wells Street Chicago, IL 60654
- Type:
- Other
- Sq.Ft.:
- 5,705
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1980
- Baths:
- MLS#:
- 12126057
View additional info
Courtesy: @properties Commercial
312-506-0200
ADDITIONAL INFORMATION
Prime Bi-Level Retail Space in River North, Chicago Property Overview: This exceptional 5,705 square foot bi-level retail space is now available on the sought-after east block of Wells Street, nestled between Grand and Illinois. Boasting a prominent 25 feet of frontage along bustling Wells Street, this property offers unparalleled visibility in one of Chicago's most vibrant neighborhoods. Location Highlights: River North is a dynamic neighborhood known for its vibrant mix of art galleries, upscale restaurants, luxury design showrooms, and a thriving nightlife scene. It's an area where innovation meets tradition, making it a hotspot for both locals and tourists. The property is located in the heart of the furniture and design district, with immediate neighbors including renowned brands such as Ligne Roset, Mig and Tig, Mobili Mobil, and Roche Bobois. Just a short walk away is the iconic Merchandise Mart, a major hub for interior design and business in Chicago. Accessibility: This retail space benefits from exceptional accessibility, with proximity to both the Red and Brown 'L' lines, ensuring a steady flow of foot traffic from the 12.8 million riders who use these transit lines annually. This strategic location places your business in the midst of a dense urban environment, surrounded by a vibrant community of 74,348 residents and a workforce of 128,478 employees within a one-mile radius. The average household income in the area stands at an impressive $106,658, reflecting the affluence of the neighborhood. Property Features: Versatile Space: The lower level features high ceilings, providing a spacious and flexible environment suitable for a variety of retail or service uses. Previously configured as a medical spa, the space is equipped with multiple bathrooms, water throughout, and turnkey capabilities for a hair/nail salon. Rare Opportunity: Retail spaces on this end of Wells Street are rarely available, making this an exceptional opportunity to establish a presence in a thriving and upscale neighborhood. High-End Neighbors: Benefit from proximity to prestigious co-tenants including Le Select, Duxiana, Gene & Georgetti's, Poliform, Lou Malnati's, Jaleo, and Roka Akor, among others. This is a prime location that places your business in the company of established and respected brands. Whether you're looking to open a flagship store, a high-end salon, or a unique boutique, this space offers the perfect blend of location, visibility, and flexibility. Don't miss your chance to secure a spot in one of Chicago's most desirable retail corridors.
$4,800,000
415 W Huron Street Chicago, IL 60654
- Type:
- Other
- Sq.Ft.:
- 30,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- 12077834
View additional info
Courtesy: Coldwell Banker Realty
312-266-7000
ADDITIONAL INFORMATION
PRIME RIVER NORTH- Desirable Five Story 1915 Heavy Timber Loft with prime DX5 Zoning - All Commercial Office Opportunity with Tear Down or Residential Potential- Fully Renovated -Steps to Chicago Brown/Purple Line, Gut Renovated in 2019, Over 28000 SF of Rentable Office Space Including Finished Basement -- 96% occupied, Tucked in Trendy, Upscale River North on a Tree-Lined Street with Well Established Businesses, Chic Boutiques and Bars and Abundant New Construction, Easy Street or Adjacent City Lot Parking, Seconds to 90/94 on ramp at Ohio, Walk to Trendy River West, Design District, and Major Landmarks Including the Magnificent Mile, Asset Rehabbed from Vacant in 2018, FULL Tear off Roof 2021, New Copper Plumbing and Fully Upgraded Electric, All Building Sprinkler System/Security/Wifi, Abundant Natural Light, New Elevator, Private Gym, All Levels Have Communal Kitchenettes and Upgraded Public Bathrooms, Six Separate HVAC Systems with Heavy Duty Clean Air Filtration, Immaculate Infrastructure - Cash flow from Day One - $646,148 Current Gross Income
$1,550,000
675 N Franklin Street Chicago, IL 60654
- Type:
- Condo
- Sq.Ft.:
- 102,832
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1949
- Baths:
- MLS#:
- 12077286
View additional info
Courtesy: Jameson Commercial
312-216-8000
ADDITIONAL INFORMATION
The Franklin Room is River North's sophisticated, subterranean restaurant and cocktail bar. The well-appointed business and its 2,995 square foot commercial condo are for sale. High grossing revenue with significant cash flow. The business has been operating since 2014 and has received excellent reviews. High-caliber fixtures, furniture, and equipment are included. Sidewalk cafe capability. 2022 RE taxes: $39,079.64. 2023 Condo assessments: $5,335. Zoning: PD-326. Contact listing agent for showing times. Proof of Funds Required Prior to Showing. DO NOT DISTURB EMPLOYEES
$3,300,000
601 N Wells Street Chicago, IL 60654
- Type:
- Other
- Sq.Ft.:
- 2,800
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1888
- Baths:
- MLS#:
- 12024599
View additional info
Courtesy: Keller Williams ONEChicago
312-216-2422
ADDITIONAL INFORMATION
Excited to present a unique investment opportunity located at 601 N. Wells St., Chicago, IL 60654, in the heart of the River North neighborhood of Downtown Chicago. This prime real estate offering includes a retail property with 2,800 square feet of space, currently outfitted as a restaurant, and an advantageous billboard lease adding to its income potential.KW Commercial and Keller Williams ONEChicago are excited to present a unique investment opportunity located at 601 N. Wells St., Chicago, IL 60654, in the heart of the River North neighborhood of Downtown Chicago. This prime real estate offering includes a retail property with 2,800 square feet of space, currently outfitted as a restaurant, and an advantageous billboard lease adding to its income potential. The total land size of the property is 2,722 square feet, under Downtown Mixed-Use (DX-5) zoning, which accommodates a high-density mix of commercial, residential, and office spaces. This flexibility provides a wide array of redevelopment opportunities, making it an attractive proposition for investors looking to maximize the site's utility and revenue. Significantly enhancing this property's value is a billboard lease with an annual income of $89,165.72, which has 20 years remaining, expiring in 2046. The lease income is set to increase by 3.5% annually, offering a steady growth in revenue over time. This additional income stream contributes to the property's overall attractiveness and potential for high returns on investment. Previously operated as a Latin American, seafood, and Mexican restaurant, the retail space is well-suited for similar future uses. It suggests that the space is fully equipped for food service operations, potentially including a bar or lounge area. The existing kitchen, dining, and service areas are presumably in a condition that would support continued use without significant renovations if well maintained. The property's DX-5 zoning enables a multitude of redevelopment possibilities: Mixed-Use Development: Combining retail with residential or office spaces above to leverage the property's location and zoning for maximum income. Exclusive Restaurant/Bar: The space could continue serving as a premium dining venue or bar, drawing in clientele from River North and the broader Downtown Chicago area. Boutique Retail or Gallery Space: Aligning with the neighborhood's cultural scene, the space could be transformed into a boutique retail store or art gallery catering to River North's affluent demographics. River North is renowned for its dynamic art galleries, vibrant nightlife, and dining scene, making it a coveted location for any retail or mixed-use development. The neighborhood's affluence, high foot traffic, and excellent visibility and accessibility to locals and tourists alike underscore the strategic value of investing in 601 N. Wells St.
- Type:
- Condo
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1891
- Baths:
- MLS#:
- 11903535
View additional info
Courtesy: Coldwell Banker Realty
847-724-5800
ADDITIONAL INFORMATION
Phenomenal opportunity in fabulous River North location! This one of a kind condo has all the space and exposure you have been looking for! A wonderful space in the heart of it all! Huge rooms, high ceilings, and a great floor plan. Stone fireplace. Massive kitchen with island and very large bar. Lower level with additional space including built in desk area with granite counters/table top. Updates include new furnace, new ac and new hot water tank. The unit can be accessed through the building or has it's own private entrance at 422 W Grand Ave. Extraordinary location near the East Bank Club, shopping and restaurants. An incredible unit! Cook county assessor website reflects property is a commercial condominium. Buyer to confirm all zoning and property use information. Listing broker and seller make no representations to zoning and use of property.
$1,200,000
416 W Ontario Street Chicago, IL 60654
- Type:
- Condo
- Sq.Ft.:
- 4,500
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2003
- Baths:
- MLS#:
- 11872582
View additional info
Courtesy: Real People Realty
815-469-7449
ADDITIONAL INFORMATION
Prime ground floor commercial space located within a larger mixed-use building in River North area, in family friendly neighborhood. Close to major highway, stores & restaurants. Spaces consist of a reception area on the 1st floor, 15 Cubicles, 4 work station, 1 huge conference room, 3bathroom (handicap accessible). Also on the 1st floor, recently rehabbed kitchen with newer cabinets with crown molding. Handicap lift if needed to the upper floor. (2nd floor). On the 2nd level (few flights up) there is 7 private offices, 2 huge conference rooms plus a teaming room. this building has so much to offer you cant resist.
$3,950,000
105 W Chicago Avenue Chicago, IL 60654
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2010
- Baths:
- MLS#:
- 11862139
View additional info
Courtesy: Millennium Properties RE, Inc.
312-338-3000
ADDITIONAL INFORMATION
7,500 square foot, three-story plus a full basement, mixed-use property at the southwest corner of Clark Street and Chicago Avenue in the desirable River North neighborhood. Situated on a 2,614 square foot site, the subject was constructed for the current owners and is comprised of a 1,000 square foot retail space on the ground floor that is currently a restaurant, a well appointed 1,600 square foot office suite on the second floor and a two-bedroom, two-bath apartment with lofted space on the third floor, plus a spectacular roof deck. All of the mechanicals and roof are newer and meticulously maintained. The property benefits from its excellent visibility, as it is located on one of the main east/west and north/south arteries in the city. The visibility and in-place income coupled with the easy access to Lake Shore Drive, the I-90/I-94 Expressway and public transportation makes this offering the perfect opportunity for an investor or user to acquire a boutique multi-unit building in the heart of the vibrant River North neighborhood. The River North neighborhood of Chicago is a sought-after location for both business and residential because of its central location, connecting Fulton Market, River West, the Loop, Gold Coast, Streeterville, and the Magnificent Mile. This vibrant neighborhood hosts a multitude of retail shopping options, art galleries, hotels and high-end residential. The neighborhood is also Chicago's go-to hub of nightlife and entertainment, featuring many of the city's acclaimed bars and clubs. This area has a high population density with more than 14,300 existing multi-family units, 2,760 more under construction, and over 1,380 proposed. The area continues to see a significant increase in residential developments and developer / investor activity over the past several years. Price upon request
$3,299,000
434 W Ontario Street Chicago, IL 60654
- Type:
- Office
- Sq.Ft.:
- 24,810
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1924
- Baths:
- MLS#:
- 11733287
View additional info
Courtesy: Coldwell Banker Realty
312-266-7000
ADDITIONAL INFORMATION
Four-story, River North, heavy timber loft building. Stable cash flow with long-term tenants or DX-7 zoning provides a rare development opportunity. The building can have an additional two (2) stories added on top which increases the cash flow, or, can be an incredible owner's unit. Current tenants include an excellent Italian restaurant, a dental office, a general office and a former architect's space that is currently available if the purchaser wants to be an owner occupant. Tax appeal in process.
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Chicago Real Estate
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 60654 has a population of 2,722,586. Chicago 60654 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 60654 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 60654 is 34.1 years.
Chicago Weather
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.