Chicago IL Commercial for Sale

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Prime Multi-Family Investment Opportunity in Little Village, Chicago Discover this well-maintained multi-family building located in the heart of Chicago's vibrant Little Village neighborhood. Offering a blend of modern updates and strong rental upside potential. Property Highlights: Individual Heat & Water Heaters: Each unit comes equipped with its own furnace heating system and water heater, providing tenants with control over their utilities and reducing owner expenses. Modern Electrical Systems: The units have been recently upgraded with new wiring, ensuring a safe and reliable electrical setup for all residents to code. Updated Kitchens & Baths: Every unit features contemporary kitchens and bathrooms, complete with modern fixtures, cabinetry, and finishes, making the apartments highly desirable to tenants. Strong Rental Upside: With the improvements already in place and the growing demand in this bustling area, there is significant potential for rental rate increases, offering an attractive return on investment. Located in Little Village, a community known for its rich culture, dining, and shopping options, this building is perfectly positioned to capitalize on the neighborhood's ongoing growth. With easy access to public transportation, parks, and schools, this property offers a prime opportunity to own in one of Chicago's most dynamic areas. A high-performing asset with both immediate cash flow and long-term value appreciation!

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DONT MISS OUT ON THIS OPPORTUNITY!!! This large church, sitting on 4 lots, has much to offer to investors and congregations alike. Full gut rehab in 2003, but they've continued to refresh the building throughout the years. New roof in 2024. Bathrooms have all been renovated throughout the last 5 years and kitchen has been updated, with copper piping replacing the old pipes throughout. Carpet in 2nd floor has been replaced in the last 3 years. 5 bathrooms in total (one of them having a shower). 4 Sunday school class rooms and 3 offices. Plenty of storage available on lower level. Main office is on 2nd floor as well as a "sound room" for the services. All furniture, equipment and personal items are excluded from sale, but can be negotiated outside of the sale. Selling AS-IS. Leaseback may be required for a short period. BOOK YOUR VIEWING APPOINTMENT TODAY!!!

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HUGE OPPORTUNITY*** THE RED MUTLI-BILLION RED LINE EXTENSION HAS BEEN APPROVED *** This mixed-use ASSET has GREAT VALUE APPRECIATION POTENTIAL. ***1.) The building is in the MIDDLE of Three (3) multi-million dollar City of Chicago Invest South/West Development Projects and 2.) The building is only two (2) Blocks for the Planned CTA Red Line Extension Project (RLEP), Train Station. *** The ASSET has Fantastic Potential for many kinds of businesses; a barbershop, retail store, office etc., on the main level. There is a two (2) bedroom one (1) bathroom apartment on the second floor. THERE IS ALSO a large separate back space that may be used or rented as needed. The walkout basement is subdivided, and has tall ceilings. BEING SOLD AS-IS WHERE-IS. Schedule by Appointment Only.

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PRIME REDEVELOPMENT OPPORTUNITY on W. Chicago Ave! Located in the highly sought-after B3-1 Community Shopping District, This Versatile Commercial Property offers a Wide Range of Permitted Retail and Commercial uses. With its prominent frontage along W. Chicago Ave., the property presents an excellent opportunity for Redevelopment or Owner-Occupancy. Previously utilized as the Career Education Center by a Nonprofit Organization for several decades, the building is well-suited for creative reimagining to fit a new owner's vision. Whether as a retail space, office, or other commercial use, this property has significant potential to be transformed. Don't miss the chance to capitalize on this unique opportunity in a prime Chicago location!

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Stunning retail condo for sale in the vibrant Wicker Park neighborhood, a prime area that has seen significant development in recent years. This is a fantastic long-term investment opportunity! Please note that only the real estate is being sold, not the business. Do not disturb the tenant. The 1,400 SF property is currently leased to a restaurant tenant who has been in place since 2009, with two lease renewals, reflecting their strong commitment to the location.

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12' ceiling vanilla box.! Nice location near park and river.Ready for occupancy

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HEART OF ENGLEWOOD**ALL BRICK 4 UNITS WITH H-U-G-E-1ST FLOOR COMMERCIAL SPACE 30X60 OPEN SPACE**SOLD AS IS**4 UNITS COSIST OF 2(1) BEDROOM 1BATH FRONT UNIT FACING THE STREET AND 2(2)BEDROOM REAR UNIT**ENCLOSED BACK PORCH*

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The ground floor corner retail condo located at 657 W Fulton Market offers a prime investment opportunity with high visibility at the base of a 75-unit condo development. The property is 100% leased to the international daycare operator Kids & Company, which has 170 locations across the U.S. and Canada. The lease has over 8 years remaining on a 15-year initial term, with scheduled annual rent increases and a 5-year renewal option. The 5,142 SF commercial condo includes three deeded parking spaces and is surrounded by major corporate headquarters and luxury residential developments. The property benefits from excellent transportation access via the Clinton CTA Station and nearby I-90/94.

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Mixed Use Building located in up and coming New City!! New condo development just septs from 47th Street and Laflin Ave, a prime corner location. A versatile mixed-use gem, it seamlessly blends the best of commercial and residential living, making it an enticing prospect for an entrepreneur/occupant. The property's charm is evident from the outset, with a spacious storefront that stands ready to accommodate an array of business ventures. Positioned strategically at a corner, it enjoys a high-visibility presence, drawing attention from the steady stream of passersby. Moving beyond the commercial aspect, the true essence of this property comes to life in the MASSIVE apartment at the rear - it's like a single-family home, boasting a bit over 1,600 square feet of living space. With three generously sized bedrooms and two full bathrooms, it offers an unparalleled haven of comfort. The separate kitchen, formal living room, family room, and huge dining room exude an air of sophistication and cater to various lifestyle needs. Descend to the basement, and you'll find a space brimming with potential. While currently unfinished, its impressive size and well-maintained condition present a blank canvas for creative transformation. What sets this property apart is its rich history and cherished ownership. With over two decades of family run business, it has been thoughtfully and lovingly maintained. Now, it stands ready to welcome a new chapter, offering the perfect opportunity to continue its legacy while creating something uniquely yours. Tif funding area and special financing options available.

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Exceptional Turnkey Investment opportunity on the park. Stately center entrance stabilized 6-unit building overlooking Washington Park on the double wide lot. NOI $128,277/8.2% CAP. Strong income producing property with extensive value add opportunities. Beautifully upgraded and renovated to maintain the vintage sophistication typical of Hyde Park. Mosaic tile in foyers and master baths and hardwood panel doors, woodwork, trim, hutches and floors will last a lifetime. Plaster relief wainscot in hall and dining. Masonry decorative fireplaces. Stunning units all feature a wonderful floorplan with spacious layouts with large rooms, plenty of light, huge back porches and front balconies with a beautiful view. 3 units are (6) room, (3) bedroom, (2) full bath with in-unit washer/dryer hookups. 3 units are (6) room, (3) bedroom (1) full bath (shared laundry in basement* 2 Washers/2 Dryers) (unit 1E includes w/d) (unit 3E has a jacuzzi) Of these, 3 units have been recently renovated with new kitchens, baths, lighting and paint. All units are maintained, upgraded and painted on a regular basis even with long term tenants. Property shows very well, and units are easy to rent. Responsible tenants pay rent on time like clockwork. Commercial glass entrance with buzzer system. Marble and mosaic foyer and hardwood stairs and balustrades. Double pane windows, silver coated roof (tear off 2012, new silver coat 2022) and permitted back porch. Huge back yard has 5 parking spaces, secured wrought iron fence and a lovely yard, summertime flower beds and an organic vegetable garden by tenants. Infrastructure is well maintained and solid. Steel beams and columns in dry, clean basement with high ceilings. New Dunkirk boiler installed in 2020 with internet control that can be done remotely. All radiators have variable vents to balance the system for efficient heat throughout. Obvious value-add opportunities include but are not limited to: Add a 2nd bath & w/d to (3) west units to mirror east units via huge walk-in storage closets. Add 5 additional tandem parking spaces in back and still maintain the yard and garden. Great Location. Walk to bus, green line and Hyde Park shops. Proximity to ECO campus, University of Chicago, Rush medical center and Expressway. Easy access to loop. This is your chance to own a renovated and beautifully maintained Chicago income property with favorable cap rate directly on the north end of the park. Preapproval and POF are required for showings.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

This property has a lot of potential! Currently vacant with M1-2 zoning, it offers flexibility for various uses, from office and storage to warehouse and yard space. The lot size of 22,931 square feet (.52 acres) provides ample space for various uses or future development. 2 existing structures on the site include a brick building with offices & garage (3,180 sq. ft with 20.5 building height) and an additional separate brick garage/storage (1,163 sq. ft. with 18.1 building height). The proximity to I-55 is a significant advantage for logistics and transportation. Given its location in Brighton Park and near McKinley Park, it could indeed be an attractive location for your business or for a potential development opportunity as there is a mix of residential buildings around around the property. Drone pictures, floor plans, and plat of survey available to assist your due diligence. If you have any specific questions or need further assistance with this property, please reach out.

ADDITIONAL INFORMATION

6,000 square foot timber warehouse along the North Branch of the Chicago River and adjacent to the Lincoln Yards development. The warehouse spans roughly 100' x 60' with ceiling heights ranging from 14'-16'. Multiple skylights bring in lots of light, and a large overhead door opens directly onto Ada Street. This is directly across the street from the future Lincoln Yards planned development. M3-3 zoning allows for a wide variety of uses and much more density. Adjacent 7,000 square foot raw space available as well. Lots of nearby investment including several venues (Salt Shed, Outset, Hideout), the expansion of the 606 trail, and easy access to Lincoln Park and Bucktown.

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Hot Logan Square area! 1 Story Garage with Warehouse. Located on the corner of Fletcher and Elston. High traffic area. Great for new development or leave as is. 1,800 SF space is currently rented for $1,550/mo and 1,200 SF space is renting for $3,350/mo. Leases are month to month on a modified gross lease. Tenants pay all utiliktes and repairs. Landlord pays taxes and water.

ADDITIONAL INFORMATION

Explore a fantastic opportunity in the vibrant South Chicago area with this mixed-use commercial building. This versatile property features two residential units and one storefront/office space, perfect for business and living arrangements. The first-floor commercial space features a spacious business area (800 Sq Ft) in the front along with a storage room with basement access; the rear area (350 Sq Ft) features a half bath, kitchen (with microwave included), a personal office space, and the furnace room with extra storage. The second-floor apartment offers three bedrooms, a living room, a full bathroom, and a kitchen equipped with a stove and refrigerator and an island. The attic unit provides cozy living with one bedroom, a living room, a kitchen/dining area, and a full bath, complete with a stove and refrigerator. This property is a unique opportunity for owner occupants to finally have their own business, or for investors seeking both residential and commercial rental income.**SOLD AS IS**Don't miss out! Schedule a viewing today!**One of the LLC members is an Illinois license Realtor (Not Listing Brokers)**

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Exceptional 12,925 SF turnkey automotive facility in prime Washington Heights location. Premium corner lot (24,126 SF) with outstanding visibility. Features include 4,000 SF office space, 3 trailer docks, 3 drive-in doors, 35 total parking spaces (indoor: 19-30, outdoor: 13-18), and generous ceiling heights (16'8"-18'9"). Building highlights: brick/concrete/steel construction, gambrel roof with reflective coating, skylights, heavy floor load capacity, and modern security systems. Property offers common lunchroom, conference room, private/public restrooms, and abundant storage. Ideal for automotive service, fleet maintenance, light manufacturing, or distribution. C1-1 zoning allows multiple uses. Excellent access to I-57, Dan Ryan Expressway, and public transportation.

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Excellent investment and redevelopment opportunity! This three-story, masonry constructed, 23-unit, multi-family property is in the Beverly neighborhood directly across from the 103rd Street Metra Train Station. It features an attractive mix of 19 two-bedroom one-bathroom units, 3 three-bedroom and 1.5-bathroom units and 1 three-bedroom and two-bathroom unit. All units are centrally heated via a radiant boiler system. The cost of heating the units is the responsibility of the landlord. The units are cooled via sleeve air conditioning units. The cost of electricity is paid by the tenant. The building includes a common area laundry and features an exterior parking lot with 30 spaces. This is a value-add opportunity. There are 13 vacant units, of these at least five units are in poor condition and need complete renovation. In addition, the remaining vacant units and the occupied units present opportunities to refresh those units and command market rents which are estimated to be higher than current rents.

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Don't miss out on this beautiful 6-unit brick property, ideally located just minutes from the beach, the prestigious Tiger Woods Golf Course, and the highly anticipated Obama Center! This fully occupied gem offers impressive rental income, making it a top choice for savvy investors looking to maximize their returns. Each spacious 1-bedroom unit features hardwood floors and individually controlled furnaces, ensuring low operating expenses and high profitability. The front 2 units are generously sized, offering the exciting possibility to convert them into 2-bedroom units for even higher rental income! Additionally, the basement provides a wealth of extra space and potential for future upgrades or additional amenities. This is a rare and lucrative opportunity to own a piece of prime Chicago real estate in an unbeatable location. Seize it before it's gone!

ADDITIONAL INFORMATION

Spacious ground-floor commercial condo located in vibrant North Center. Lots of new construction in an established community that continues to grow with many new businesses, and the need for many more. The B3-2 zoning allows for a wide variety of retail and office uses. It currently has a main open area, one office, a full kitchen, restroom, mechanical room and storage. Freshly painted and ready for your new business. Owner is open to contributing toward the potential for getting it approved for a live/work space as well. Excellent average daily traffic count along Irving of 29,000 cars per day. Good foot traffic also with excellent demographics. There are some uses not allowed under the by-laws.

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Crerar Memorial Presbyterian Church, is a stunning three story facility. The sanctuary hold's 350 to 400 congregants. At approximately 32,000 square feet, the asset includes a church, school, offices, meeting rooms, a tower structure, fellowship hall, kitchen and gymnasium with a stage. The building(s) has about nine (9) bathrooms, three (3) of which have been updated. The masonry, roof and gutters to be well-maintained. The center building's roof have HVAC Units. These units heat and cool the two-story office and meeting room of the center building. The church is cooled by central air conditioning and heated with a boiler. Acquire this facility for special use as a church, school, art museum or for new development. Needing a new boiler the asset is being sold as-is. The building structure sits on a 37,518 square foot parcel of land which includes a highly valued forty (40+/-) car, asphalt parking lot.

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Unlock your business's potential with this remarkable commercial condominium in the iconic Garland Building, located at 111 N. Wabash in the heart of downtown Chicago. This 2,800-square-foot space, situated on the prestigious sixteenth floor, offers an exceptional opportunity for owner-users or tenants seeking a prime location to establish or expand their enterprise. Perfectly positioned at the intersection of Wabash Avenue and Washington Street, this property boasts unparalleled connectivity and convenience. Adjacent to the Wabash CTA elevated rail station, it is mere steps from Chicago's Magnificent Mile and the cultural landmarks of Millennium Park, placing your business at the center of the city's bustling activity. The flexible layout is a blank canvas, ideal for a variety of uses, including medical offices, legal practices, creative studios, non-profits, or financial services. With the ability to customize the space to suit your needs, this property is more than just an office - it's an opportunity to take control of your occupancy costs while positioning your business for long-term success and growth. This is more than a listing - it's an invitation to elevate your business with a blend of prestige, functionality, and a prime downtown address. Schedule your tour today and bring your vision to life in this unparalleled Chicago location.

ADDITIONAL INFORMATION

This thoughtfully designed office condo offers the perfect blend of comfort and functionality, ideal for productive work and hosting clients. Located in a prime area with easy access to parking and public transportation, it's situated in a well-maintained, secure building, ensuring peace of mind for you and your business.

ADDITIONAL INFORMATION

Former bank building, 3-Story mixed-use building, offering approximately 58,000 Sq. ft. located at the heavily traveled and trafficked corner intersection of Archer Ave. and Sacramento Ave. Building consists of A. Main level south portion of the building medical space approximately 12,768 Sq. ft. leased to Saint Anthony Hospital (SAH), with first right to refuse if any addition space to be leased in the building. B. 78-Residnetial rooms with 2-beds size. C. Dentist office with the entry door facing Sacramento Ave. Dense residential area and strong retail corridor with an average household income of approximately 50-60K.

ADDITIONAL INFORMATION

FANTASTIC OPPORTUNITY FOR AN INVESTMENT BUYER SEARCHING FOR FLEXIBILITY AND UNLIMITED POTENTIAL IN ONE OF THE MOST STABLE AND SOUGHT-AFTER NEIGHBORHOODS IN CHICAGO! ESTATE SALE AS-IS, THIS ASSET, 11112 - 11116 SOUTH KEDZIE INCLUDES 3 RETAIL/OFFICE STOREFRONTS APPROXIMATELY 1000SF EACH WITH LONG TERM TENANTS - 2 LARGE TWO BEDROOM RESIDENTIAL VACANT APARTMENTS - 1 VACANT CITY LOT 30' X 127' TO KEEP AS A PARKING LOT TO ENHANCE THE BUILDING, OR BUILD ON TO MAXIMIZE POTENTIAL! OPPORTUNITIES LIKE THIS IN MOUNT GREENWOOD DO NOT COME TO MARKET OFTEN. BUILDING IS 6600 TOTAL SF. CONTACT LA FOR FULL FINANCIALS AND ALL SHOWING REQUESTS - DO NOT DISTURB TENANTS!

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PRIME LOCATION!! LOCATED IN THE HIGHLY DESIRABLE OLD IRVING PARK NEIGHBORHOOD, THIS WELL-MAINTAINED CORNER BRICK BUILDING FEATURES EIGHT (8) SPACIOUS UNITS CONSISTING OF (3) 2BD/1BA UNITS AND (5) 1 BD/1BA UNITS. THIS PROPERTY OFFERS EXCELLENT AMENITIES, INCLUDING A RARE 6-CAR PARKING LOT, (8) SPACIOUS RESIDENT STORAGE UNITS, AN ON-SITE, BUILDING-OWNED LAUNDRY FACILITY FOR TENANT CONVENIENCE. THE BUILDING IS SERVICED BY OWNER-PROVIDED HOT WATER, WHILE RESIDENTS ARE RESPONSIBLE FOR THEIR OWN COOKING GAS AND ELECTRICITY. THIS PROPERTY IS IDEALLY POSITIONED TO GENERATE CONSISTENT RENTAL INCOME AND OFFERS STRONG POTENTIAL FOR FUTURE APPRECIATION IN A SOUGHT-AFTER NEIGHBORHOOD. THIS IS A RARE OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW AND LONG-TERM GROWTH IN ONE OF CHICAGO'S ESTABLISHED RESIDENTIAL AREAS.