Turnkey new construction investment centrally located on the Taylor Street corridor between Illinois Medical District to the West and University of Illinois Chicago to the East. 2019 construction with a desirable unit-mix, modern in-unit amenities and luxury finishes including in-unit laundry, granite countertops, individual HVAC, private balconies, etc. The first floor is leased to a national tenant - Insomnia Cookies - on a new 10-year net lease providing stable, long-term cash flow with annual increases. Value-add potential with increases in rent to reflect recent rental comps in the area, finishing out the rooftop deck and monetizing the basement storage area. All three apartments are large 4BR/2BA units. Low expense ratio with Insomnia responsible for 50% of the property taxes and building insurance. Excellent area tenant base to draw from with UIC (34,000 undergrad and post graduate students - largest university in the Chicago Metro Area) and Illinois Medical District (29,000 employees, 50,000 daily visitors and $3.4 billion in economic opportunity - the largest medical district in North America).
LOOKING TO EXPAND OPERATIONS OR SEEKING A PRIME LOCATION FOR YOUR NEW VENTURE? This building offers the perfect canvas to elevate your business to new heights! Situated on 2 oversized city lots in the heart of Chicago, this distinguished 5,882 sqft all-brick building stands tall as a USDA FSIS Inspected Establishment, ensuring the highest standards of quality and safety for your business operations. Step inside to discover a meticulously designed space, boasting 4 interior dock doors facilitating seamless logistics and efficient movement of goods. With an 811 sqft refrigerated shipping and receiving dock, freshness is guaranteed from the moment products arrive to departure. Allocated 253 sqft office space, providing a hub for administrative tasks and managerial operations. A 453 sqft freezer space stands ready to accommodate your needs. But that's not all - a generous 1,291 sqft of cooler space ensures optimal temperature control for perishable items, maintaining their quality until they reach their destination. Convenience is key, highlighted by the presence of an exterior drive-in door, facilitating effortless loading and unloading of goods, streamlining your processes. THREE ADJOINING VACANT CITY LOTS ARE ALSO FOR SALE AND AVAILABLE ACROSS THE STREET AT 3639-3645 S Halsted St. Don't miss the opportunity to make this esteemed establishment the cornerstone of your success.
BEST LAKE AND CITY VIEWS... Move right into this amazing suite in the Garland completely furnished and ready to expand or start your business. Previously a Therapist office and includes a waiting room, Therapist office, private office, sink and 2 private entrances. This is absolutley a fantastic opportunity to expand or start your business in one of the best locations downtown Chicago! The historic and iconic Garland Building is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. Low Assessments and Taxes. (Also, just listed For Sale is Suite 1220 next door... fully furnished Dental office with waiting room, private bathroom, exam room with 3 dental chairs, 2 private offices and work room with Lake and City Views... a great investments to purchase both!)
Excellent opportunity to lease a former restaurant space in the highly desirable Taylor St area. High foot traffic neighborhood. Close proximity to I94 expressway and minutes to downtown. All existing trade fixtures will stay. Black iron in place. Basement storage is included. Private parking in the rear. This property is also available for sale and the 2nd and 3rd floors having student tenants with excellent cash flow.
BEST LAKE AND CITY VIEWS... Calling all Dentists... Move right into this amazing suite in the Garland Building in downtown Chicago in Prime Locale! Completely furnished and ready to operate with all equipment included! Waiting room, private bathroom, private offices, work room and 3 dental chairs included in this amazing "rare to find" suite. This is absolutley a fantastic opportunity to expand or start your business in one of the best locations in downtown Chicago! The historic and iconic Garland Building is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. Low taxes and assessments! (Unit 1221 next door with Lake and City views... fully furnished Therapist office with 2 entrances, sink, waiting room, Therapist room and private office. $125,000... A great investment to purchase both... inquire within!)
Fabulous turnkey new construction 4-unit mixed use building that is fully leased with strong financials. Three 3 bedroom 2 bath condo quality units with in-suite primary bath with freestanding tub, fireplaces hardwood throughout, and modern Italian kitchens with stainless steel appliances. Each unit has rear deck with skyline views. Every floor is about 1600 sq ft. Common roof deck and parking for each unit in rear. Retail space fully leased. Strong NOI. Near public transportation and multiple restaurant and bar options as well as grocery store on the next block.
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.
Prime location on Stony Island, not far from the Obama Library, minutes from Jackson Park, this multi-use building was being used as a church but can easily be converted into a Daycare center or other use. It has two-bedroom apartments on the second floor that are move-in ready and a finished basement. There are 3 bathrooms. The church sanctuary can be converted into a visible business. There is ample parking as the church owns the 7 adjacent lots (which can be sold separately or sold with the building) Additional income is made from the Clear Channel Billboard that sits on top of the building because of its prime location. Newer roof. This is a tax-exempt property. Sold as-is. Additional pins for lots to be provided.
4,212 SF retail/office storefront currently leased to publicly traded company until 4/30/27! Coupon clipper. Tenant is open to early termination for owner-occupier. Located on the ground floor of a 19,000 SF, 3-story mixed-use condo building. Space can be divisible down to 1,280 SF. 65'+ of frontage with large front windows. 10' ceilings with dropped acoustic tile grid, 13' to beams above. Currently setup as one space with three entrances. Basement below with separate rear entrance for storage & plumbing access. This site is located on a busy stretch of Lawrence Avenue between Damen and Ravenswood Avenue. Great access to all transportation modes including CTA bus lines on Lawrence & Damen, Damen/Wilson Brown line subway station, two blocks from the Ravenswood Metra station. Nearby businesses including CVS, T-mobile, Cricket Wireless, Mariano's, LA Fitness, Chase Bank, Lycee Francais and numerous neighborhood restaurants and local businesses.
GREAT COMMERCIAL PROPERTY! TOTAL LAND 9,900 SQ. FT. NEWER CUSTOM BRICK BLDG W/DECORATIVE STONE. ZONED C1-1.ONE STORY.5,000 SQUARE FEET CLEAR SPACE W/OFFICE AND LOFT. BUILDING IS FIREPROOF, W/ 14 FT. CEILINGS. MECHANICALS ARE COMMERCIAL STATE OF THE ART.REAR SERVICE DOORS.PKG IN REAR FOR 12 CARS. PRICE INCLUDES 3941 ARMITAGE. SEPERATE PIN. BUSINESS OPTIONAL! EASY 2 SHOW! C1-1 allows for many uses...Call for details Currently operating as commercial bakery Used to be an Auto repair/body shop 2.5 commission split
Turnkey Office space fully rehabbed. Prime location on Wacker Dr. with access to all the loop and river north has to offer. Directly across from the merchandise mart and easy access to the river walk. Unit has modern Italian kitchen area with SS fridge and microwave and eat in counters. Tech features include surround sound system run by Alexa and echo mini with access to Spotify etc. Unit had fiber optic with new data closet with Cisco Meraki components. 24-hour access. doorman during business hours and full access to bike room and loading dock. Building has gone through extensive updating in the last few years including updating elevators and tuckpointing the building. CTA and L stops with walking distance and easy access to both LSD and Kennedy/Dan Ryan Expressways. Property surrounded by endless restaurant and bar options as well a countless hotel brands for out-of-town guests. Step to theater district and all loop buildings and Millenium Park is half mile.
Turnkey Office space fully rehabbed. Prime location on Wacker Dr. with access to all the loop and river north has to offer. Directly across from the merchandise mart and easy access to the river walk. Unit is separated in many private offices from former shared office environment but can be fully opened up for collaborative environment. Unit had fiber optic with new data closet with Cisco Meraki components. 24-hour access. Doorman during business hours and full access to bike room and loading dock. Building has gone through extensive updating in the last few years including updating elevators and tuckpointing the building. CTA and L stops with walking distance and easy access to both LSD and Kennedy/Dan Ryan Expressways. Property surrounded by endless restaurant and bar options as well a countless hotel brands for out-of-town guests. Step to theater district and all loop buildings and Millenium Park is half mile.
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!
7236 S University is a center entrance apartment building in the Pocket town neighborhood. The building consists of three (3) three-bedroom / one-bathroom units, three (3) two-bedroom / one-bathroom units. Many updates including newer furnace, updated kitchens and baths, in-building laundry. Large units with partial subsidized rents.
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 minimize 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****
3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039782. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the middle building of 3 located on the SW corner of Ashland and Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease. This property is being sold "as-is, where-is".
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.
Investment opportunity to own an all brick 6 Unit Mixed-Use building in Chicago's Belmont-Cragin neighborhood. This property features 4 - 2bd/1ba units, 1 - 1bd/1ba unit, and a local bar on the main level. The 3 rear residential units have been completely gut rehabbed in 2015 and are condo quality including hardwood floors, stainless steel appliances, and granite counters. The 2 front residential units had some updates. All 6 units have their individual HVAC and the 2 rear units have their individual hot water heaters. The roof was updated in 2015. The current rent is WELL BELOW market value and are all month to month. (With the market value, the Total Annual Income before expenses should be around $90,000 off rent alone). Additional income from coin laundry. Explore the possibilities of being a Chicago commercial property owner.
Unlock unparalleled business potential with this exclusive owner-user opportunity nestled within the iconic Garland Building in vibrant downtown Chicago. Located at 111 N. Wabash, this commercial condominium unit is primed for sale or lease, offering a versatile canvas for various enterprises. Whether you're a medical professional, a creative powerhouse, a legal eagle, a non-profit trailblazer, or a financial wizard, this space caters to your unique needs. Spanning approximately 2,800 square feet on the prestigious sixteenth floor, this property boasts a strategic position at the nexus of Wabash Avenue and Washington Street, anchoring the bustling heart of the Loop. Seamlessly connected to the pulse of the city, it sits adjacent to the Wabash CTA elevated rail station, mere steps away from Chicago's renowned Magnificent Mile and the cultural haven of Millennium Park. Elevate your business to new heights by seizing this prime commercial condo opportunity. Take command of your occupancy costs and unlock the potential for unparalleled growth and success. Embrace the future of your enterprise with the perfect blend of location, prestige, and functionality.
Fully rented and rarely available 7-unit elevator condo quality apartment building in the heart of Bucktown. This well-maintained building is ready for the next investor to sit back and collect rent. Monthly gross income $29,641. Two commercial store front spaces with long term leases in place with leases ending in 2028. All residential units are 3 bedrooms, 2 bath condo quality units featuring large custom kitchen with granite countertops, stainless appliances, custom cabinets opening to living room and dining room. Three true bedrooms features primary bedroom with ensuite bathroom with double bowl stone countertops, and separate shower. Large second and third bedrooms along with updated second bath. Hardwood floors throughout. All units have separate HVAC, in-unit washer and dryer and all pay their own utilities. All residential finishes similar in all units. Unit 4W and 4E have interior unit stairs to access the private roof deck. Unit 3 is a full floor with huge front and rear terrace spaces to entertain. Unit 3 features three-bedroom, two full baths plus a half bath. Full floor unit 3 primary bath has double bowl sink, separate shower plus soaking tub. Photos are from unit 4W along with floorplan, 2W are identical to 4W. 2E, 4E units are the same as 4W layout just flipped. Unit 3 is a full floor see floorplan. Finishes in the building are all high end and similar throughout. Parking spaces in the rear of the building. A member of the LLC holds an Illinois real estate license. The listing broker is not a member of the LLC.
The subject property is located at 2611 South Lawndale Ave., Chicago, IL 60623 (the "Property"). The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this investment opportunity. This is an urban Mixed-Use property located in the heart of Chicago's Little Village neighborhood. Featuring a new roof, currently fully renovated 2-story building, 3,600 SF of gross leasable area and 3,076 SF site. The subject property is zoned B3-2 and comprises a full basement, 1 commercial space, and a fully leased 2nd-floor large apartment. The subject property is situated in a mixed commercial and residential city setting making it a prime location for investment and/or owner-user opportunities. The property's strategic location offers convenient access to major thoroughfares, public transportation, and a wide range of amenities, including shopping centers, restaurants, and recreational facilities. The subject property presents the unique opportunity to acquire a stand-alone building in the Little Village neighborhood.
We are offering a 11,000 square foot (5,500 1st floor, 5,500 lower level), completely renovated and secured, single story, brick freestanding building with full basement. Renovations include first-floor open floor plan with retail space- incredible heights! The lower level features a dry basement, a 23x14 private office with full bath, 23x11 file room, 20x16 cooler, and 2,500 square feet of storage space. Additional upgraded features new electrical, plumbing, HVAC, security cameras and shutters. New power (800 amp), new heating, new air. Currently vacant, great opportunity to start your own business. Great for a retailer, restaurant, dollar store or grocery store. The property sits on the corner of S. Baltimore Avenue & E. 92nd Street, with easy access from the CTA, Skyway and S. Lake Shore Drive and next door to Metra.
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.
Convenient and easily accessible location - Less than 1/4 mile from I-90/94 - 2 blocks from Mayfair Metra station. Property is located in a rapidly developing area, just north of six corners intersection of Irving Park, Cicero & Milwaukee. Highly visible and highly trafficked location with curb cut on Cicero Avenue. Well suited for retail, medical, office or multifamily / mixed use development. Building is in shell condition providing a clean slate opportunity
Fully lease 4-unit mixed use building with coffee shop on long term lease in both retail level units and 2 residential units on the 2nd floor with shared outdoor / deck space (One 1 bed/1bath and One 2 bed / 1 bath with laundry). Solid NOI and newly rehabbed retail level. Located in a great high-density neighborhood. Close to strong retail areas and within a few blocks of public transportation.
The median home value in Chicago, IL is $355,000. 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 $355,000. 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 has a population of 2,742,119. Chicago is less family-centric than the surrounding county with 27.11% 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 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 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.