Positioned in the heart of Chicago's historic Beverly neighborhood, 11238 S Western Ave is a premier investment opportunity for savvy medical investors seeking stability, growth, and community impact. As part of the exclusive Western Medical Office Portfolio, this meticulously maintained 5,272-square-foot, two-story masonry building delivers both financial performance and strategic location. Anchored by well-established tenants-Life Source Pharmacy, Today's Dental Beverly, and Dr. Theodore James, MD-this property generates a robust (NOI) of 95,655.45 annually with an impressive 7.5 CAP rate. Its dividable layout, equipped with modern exam rooms, offices, and reception areas, offers flexibility for current and future healthcare providers, ensuring a consistent tenant base. Located on bustling Western Avenue, a primary commercial corridor, this property benefits from exceptional visibility and accessibility. The Beverly neighborhood is renowned for its strong residential base, rich cultural history, and growing commercial developments, creating a vibrant community for both tenants and visitors. Nearby access to major expressways, including I-57 and I-94, ensures seamless connectivity to downtown Chicago and surrounding suburbs. The 111th Street Metra Station, just minutes away, adds to the convenience, while Chicago Midway International Airport is only a 19-minute drive. The healthcare sector remains one of the most stable and rapidly growing industries, with increasing demand for outpatient services and community-based care. Medical office properties in Chicago, particularly in neighborhoods like Beverly, are highly sought after due to their consistent tenant base and essential role in the community. As part of the Western Medical Office Portfolio, this property represents a unique opportunity to invest in a proven market with a history of resilience and high returns. For investors, 11238 S Western Ave is more than a stable, income-producing asset-it's a key player in a thriving medical hub with long-term growth potential. The healthcare industry's shift towards outpatient services makes strategically located properties like this an indispensable part of any investment portfolio. With a Walk Score of 73, this "very walkable" property is surrounded by a mix of residential, retail, and cultural amenities, ensuring a steady flow of demand from tenants and the community. Invest in Beverly, invest in growth, and invest in a future-proof medical office market. As part of the Western Medical Office Portfolio, this property offers a unique opportunity to secure a foothold in one of Chicago's most dynamic sectors.
INVESTORS, GREAT INVESTMENT PROPERTY!!!! SECTION 8 OCCUPIED UNITS , FRONT UNITS HAVE 2-3 BR'S, BACK UNITS ALL HAVE 3 BR'S, SOLD AS-IS WITH MINOR COSMETIC REPAIRS AS REPAIRS WERE DONE THROUGHOUT OWNERSHIP, ALL UNITS HAVE INDIVIDUAL FURNACE AND HOT WATER TANK.
Introducing a prime income-producing investment opportunity in the Back of the Yards neighborhood at 4748 South Ashland Avenue, Chicago, IL, 60609. This 10,000 SF, 2-story building offers a spacious and versatile layout on the 1st floor with a long-term daycare tenant, ideal for an office on the second floor, ready for your design. 3 city lots of crucial & suburb parking-2,228 SF. Situated in the vibrant Chicago area, this property presents a compelling opportunity for investors seeking a strategic addition to their portfolio. With its prime location and ample space, this property is prepped to meet the demands of modern businesses. Take advantage of this rare chance to secure a valuable asset in a thriving commercial real estate market. -Versatile office space in a high-demand area. -Recently renovated and well-maintained building. -Excellent visibility and accessibility with a high walk score of 85/100. -City Reinvestment Opportunity. -Invest in the west corridor. -Potential for customization & value-added potential to suit specific business needs. -Ample parking lot for employees and visitors. -Proximity to critical amenities and transportation options. -Strong potential for rental income or owner-occupation. -Potential for value appreciation in a thriving market.
C1-2 Zoning. Roughly 2700 square feet. Tear down or build up or keep this 1-Story storefront brick building currently rented to an established business. Building only for sale. Blocks from Addison Brown line. Located on popular Ashland avenue!
Exceptional Mixed-Use Property in Lincoln Park - Prime Investment Opportunity Discover this incredible mixed-use property in the heart of Lincoln Park, offering unmatched potential for investors or business owners. First Floor: Commercial Space Fully customized for a tire business, but versatile for other uses. Features brand-new flooring, modern lighting, updated fixtures, fresh paint, and central AC/heat. Includes a large detached commercial garage with easy alley access. Second Floor: Residential Unit Beautifully updated 2-bedroom, 2-bathroom apartment. Highlights include stylish flooring, stainless steel appliances, in-unit laundry, and a private balcony. Additional Features Secured by a state-of-the-art security system. Turn-key setup for both commercial and residential use. Unbeatable Location Situated in Lincoln Park, one of Chicago's most sought-after neighborhoods. Steps from DePaul University, major bus lines, and the Kennedy Expressway. Minutes to Wrightwood Park, Whole Foods, Mariano's, CTA, Metra, and other key amenities. This property combines modern functionality with a prime location, making it perfect for investors seeking a high-yield opportunity or business owners ready to hit the ground running. Don't miss this chance to own a piece of Chicago real estate in one of its most vibrant neighborhoods!
Mixed use building situated on a corner/oversized lot in Lincoln Park, measuring 30x125 and zoned RT-4. The property comprises three units: two apartments and one commercial tenant, with no vacancy in over 30 years. The commercial lease (Tapster), operates under a modified lease, with the tenant responsible for real estate tax and insurance costs proportional for increases over the 2018 base year rates. Additionally, the commercial tenant is accountable for all mechanicals in their space and snow removal for the building. Apartment 2F, a 3-bed 2-bath duplex with a true primary suite, is leased until April 2025 for 2700/month. Apartment 2R, a condo-quality 2-bed 2-bath duplex with a rain shower and fireplace, is rented for 2700/month until September 1, 2025. Both units offer considerable potential for increased rental income. The property enjoys proximity to Jonquil Park and DePaul University. Tapster, the commercial tenant, pays 5,402 per month plus any water bill costs exceeding 200 (billed every 2 months), with the lease expiring in June 2027 and an option to renew for an additional 5 years thereafter. The lease renews annually every July with a 2.5 increase per annum. Tapster also contributes additional rent proportional to insurance and tax increases as stated above. The property's expenses include 2022 taxes amounting to 21,597, insurance costs of 11,412 (potentially lower if shopped), and an annual water expense of 1200. The property currently operates with a Tavern license. The license is permanently affixed to the property, meaning the current tenant will need to either transfer it to a new tenant (subject to landlord approval) or to the building owner upon vacancy. Tenants cover all heat and gas expenses, while Tapster manages snow removal and landscaping. The furnaces in both units are new, with the 2R unit's furnace being just 2 months old and the 2F unit's furnace being 2 years old. Additionally, all three AC condensers are from 2017 or newer. With recent developments such as Avli Taverna and Love Street joining the block, and Lincoln Commons nearby, the location is hard to beat.
Prime location rarely available first time on the market. Corner Twelve Unit Apartment all brick Building original owners. Cumberland just east Forest Preserve Avenue. All apartment units / tenants have storage. Two separate laundry rooms. Hardwood floors through out - except first ground floor apartments. Roof age approximately twelve years old. Plenty street parking, 24/7. Long term tenants! Owner/investors have an opportunity to increase market rents. All apartments are fully occupy Showings weekend only
Great Investment Opportunity - Two Buildings on One Lot in South Side Chicago This is a fantastic investment opportunity with two fully occupied buildings on the same lot, offering a total of five rental units with the potential to add a sixth unit or in-law suite in the basement. Located on a quiet street in the south side of Chicago, this property is an excellent choice for investors looking for steady income in a convenient location close to highways, public transportation, shopping, and schools. The front building features two units, each with two bedrooms and one bathroom. The basement of this building also holds potential for conversion into a third unit, further increasing rental possibilities. The back building consists of three separate units: one with three bedrooms and one bathroom, and two additional units, each with two bedrooms and one bathroom. With the demand for rental properties in this area, this property offers a steady stream of income. With its affordable price, high occupancy rate, and potential for future growth by converting the basement into another rental unit, this property presents an excellent investment opportunity. Its proximity to key amenities such as public transportation, highways, shopping centers, and schools makes it an even more attractive choice for tenants. Don't miss out on this opportunity to expand your real estate portfolio with a solid, income-producing property. Contact today for more details or to schedule a tour.
Nestled in the heart of Chicago's vibrant Westside, this well-maintained mixed-use building offers a perfect blend of commercial and residential opportunities. The property features three street-level storefronts, each with large display windows, ample foot traffic, and flexible layouts suitable for retail, office, or service-based businesses. Above, you'll find four fully tenant-occupied apartments, including 2bd/1bth units. Prime corner lot with excellent visibility in a bustling neighborhood with three versatile storefronts with separate entrances and updated interiors; it also features four spacious apartments, each featuring modern kitchens, hardwood flooring, and abundant natural light, 100percent tenant-occupied, providing a steady income stream. Secure building with intercom entry and ample parking in a gated lot. This property is ideal for investors looking for a turnkey opportunity in a thriving area or business owners seeking a combination of personal and investment use. Schedule your showing today!
Incredible investment or owner-user opportunity located at 4122 S Union Ave in Chicago, IL. This versatile industrial property offers: Building Size: 18,000 SF including three levels; each floor leased separately. Lot Size: ~1 acre; fully fenced for added security. Ceiling Heights:12 - 18 ft, ideal for various industrial or warehouse uses. Access: Equipped with docks & freight elevator. Parking: Truck parking allowed & available on-site. Second Floor Availability: Recently vacant, presenting a prime opportunity for immediate owner occupancy. Sale Price: Competitive at just 50 dollars per square foot. Prime development opportunity to be utilized as is for industrial or multifamily/ office use. Link available with additional details on our mobile app including the offering memorandum providing a full financial breakdown for this property with the current tenants.
Don't miss out on this remarkable investment opportunity in the vibrant Chatham area! This meticulously cared-for property features six occupied units, each home to long-term tenants, making it a solid income-producing asset. The versatile finished basement can be utilized for additional living space or possible extra rental income. Rich historic details, including hardwood floors, charming fireplaces, and intricate trim work, highlight the property's character. Recent improvements, such as energy-efficient vinyl windows and updated bathrooms, provide an excellent mix of classic charm and modern amenities. With a spacious laundry area, a 4-car brick garage, and a pristine interior and exterior, this property stands out. Located conveniently near local shops and public transport, this is a rare chance for savvy investors to secure a unique and profitable property in Chatham. Take advantage of this chance to transform this space into your next lucrative investment!
Fantastic River North location!! Large 3600sqft office with 5 private offices, a large conference room, many cubicles and a full kitchen and 1/2 bath. Front entry way for a front desk/receptionist, if need be. Currently used as a law firm. Will sell with the office fully furnished if desired!! Central heat and air. Freight elevator access. Limited, unassigned parking behind the building in a tandem lot. Large space below also for sale and 6 residential condos above. New water heater just installed 10/24. At least 24hr notice to show
COMPLETELY RENOVATED SOLID BRICK 9 UNIT APARTMENT BUILDING & 2 COMMERCIAL SPACES, IN THE HEART OF THE BRIDGEPORT NEIGHBORHOOD. INCREDIBLE INVESTMENT OPPORTUNITY. NO WORK NEEDED - BUY AND COLLECT CASH FLOW RIGHT AWAY. TURN KEY INVESTMENT. BUILDING HAS AN ELEVATOR - 6 UNITS HAVE 2 BEDROOMS 2 BATHS - 3 UNITS HAVE 1 BEDROOM 1.5 BATHS - SOME UNITS HAVE BALCONIES - UPS & U.S. POSTAL UNIFORMS OCCUPY THE COMMERCIAL SPACES - WASHER & DRYER IN UNITS - 9 INDOOR PARKING SPACES, SEPARATE GAS & ELECTRIC. WALK TO US CELLULAR FIELD, RED LINE, HALSTED STREET BUS AND CLOSE TO THE ORANGE LINE. . PLEASE CHECK BROKER NOTES FOR ASSUMABLE MORTGAGE AND ADDITIONAL INCOME
COMPLETELY RENOVATED SOLID BRICK 7 UNIT APARTMENT BUILDING IN THE HEART OF THE BRIDGEPORT NEIGHBORHOOD. INCREDIBLE INVESTMENT OPPORTUNITY. NO WORK NEEDED - BUY AND COLLECT CASH FLOW RIGHT AWAY. TURN KEY INVESTMENT. ALL 7 UNITS HAVE BEEN BEAUTIFULLY RENOVATED AND INCLUDE 2 BEDROOMS, 1 BATH, WASHER & DRYER IN UNITS. SEPARATE GAS AND ELECTRIC. WALK TO US CELLULAR FIELD, RED LINE, HALSTED STREET BUS AND CLOSE TO THE ORANGE LINE.
Chicago's Chatham Neighborhood - Established location Previously Mather Cafe and Ooh We It Is restaurant. Excellent one of a kind location in Chatham at Dan Ryan and 83rd St. 5,053 SF building with 28 car secured parking lot. Property includes 6' hood, large seating areas and 4 bathrooms and private offices. Kitchen only has sinks and no other equipment is included with the property. Potential to convert to Medical office or other office use.
WOW!! Please come to see this 8- unit Chatham property. It is well maintained by on premises ownership. Each unit is 2 bedroom and 1 bath with the third floor east unit having a view of the city. The building has 2 coin operated washer and dryers on the first floor and close to public transportation. The parking area in the rear of the building has secure gated access. Don't miss a chance to schedule a viewing of this great investment opportunity!
Fabulous Restaurant Opportunity situated in the upscale iconic neighborhood of Lincoln Park Chicago. Located ON THE CORNER of Ashland & Altgeld, 2500 N Ashland Ave offers unbeatable brand exposure to over 40,000 passing vehicles daily. Lincoln Park neighborhood is home to a population which has the highest median income in Chicago. The space comes turnkey with no upfront key money, no significant buildout required and eligible for a liquor license + sidewalk cafe. Equipped with a 10 foot black iron hood and extra large walk in cooler in the basement below the bar area (perfect to store kegs for beer tap). 2500 N Ashland Ave is an irreplaceable space in the heart of one of Chicago's most iconic neighborhoods. Whether you are starting from scratch or opening additional locations, you're not going to want to miss seeing this space. It has all the right Lincoln Park vibes!
A versatile 3 story office building with 17,250 square feet that has been completely built out. The building consists of reception area's, private offices, open concept work area's, conference rooms, built-out webinar rooms, kitchenette and breakroom/eating area's. An owner user has income in place to off-set expenses or, with the large spectrum of permitted uses, this can be a value add opportunity for an investor. Multi-tenant potential with separate HVAC, gas and electric for each floor, fire sprinklers, generator, freight / passenger elevator, and so much more. Full list of FF&E, survey and floor plans available upon request. Rental income is proforma...second and third floor currently vacant.
Welcome to 6513 N Clark St, Chicago, IL 60626-an outstanding investment opportunity in the thriving, high-traffic corridor of East Rogers Park, just north of Devon Avenue. This well-located, two-story mixed-use building is ideal for a visionary investor or business owner seeking a prime spot on one of Chicago's busiest streets. Business is Included in the sale!!! The main level features a spacious storefront with a strong street presence. Previously home to a successful dollar store, the space offers high potential for a variety of business ventures and benefits from B3-2 zoning, which supports "Community Shopping" and diverse commercial uses. The upper level includes a bright, three-bedroom, one-bath residential unit with a large living room and private front balcony, providing an attractive option for either owner-occupancy or rental income. The property also includes a large, finished basement, ideal for additional storage or workspace, and is ready for a custom touch. While the building's interior awaits updates, this blank canvas offers a unique opportunity to create a modern, tailored space that reflects your vision. Located in the vibrant heart of Rogers Park, this property benefits from more than 32,000 Average Daily Traffic (ADT) and exceptional visibility across a two-lot frontage on Clark Street. The bustling neighborhood is home to the Rogers Park Library, popular retailers, and a diverse selection of dining and cultural spots. With proximity to the Howard Station for Red, Purple, and Yellow line connections and the Ravenswood Ave Train Station nearby, commuting to downtown Chicago and surrounding suburbs is effortless. Surrounded by a dense mix of residential and commercial properties, high foot traffic, and the bustling atmosphere of Devon Avenue, this location draws a steady flow of locals and visitors alike. With prominent placement, substantial space, and the potential for customization, 6513 N Clark St stands out as a prime investment in one of Chicago's most dynamic neighborhoods. Don't miss the chance to establish your venture in Rogers Park-contact us today to schedule a viewing!
Fantastic opportunity! This solid brick one-story building (with new roof) on busy Grand Avenue features three adjoining lots with parking. C1-1 zoning. Currently operating as a body shop and auto repair business, it's situated on a high-traffic street, ideal for various business uses including mechanic, factory, warehouse or car wash.
7201 N Western, a turnkey, mixed-use building featuring ten (10) residential units and eleven (11) ground-floor commercial spaces, located in Chicago's West Ridge area. Most units have been cosmetically updated with modern kitchens and bathrooms. Each apartment is separately metered with individual tenant-paid heat. The property offers a unique opportunity to acquire a strong, stabilized cash-flowing asset with an in-place cap rate of 7% from day one.
Welcome to this fully renovated mixed-use building in the Austin area of Chicago, which offers a perfect blend of commercial and residential space, ideal for small businesses or investors. The building features a versatile storefront or office space on the ground floor, ready for a retail shop, professional office, or studio, complete with modern finishes and ample natural light. Upstairs, a spacious 3-bedroom, 1-bathroom apartment awaits, designed for comfort and contemporary living. The apartment boasts an open floor plan with hardwood floors, updated kitchen appliances, and plenty of storage space. The large bedrooms offer flexibility for families, roommates, or a home office. A fully finished basement provides extra utility, featuring a kitchenette and ample space for an additional living area, recreational space, or even office overflow. With new plumbing, electrical, and HVAC systems, the building is move-in ready for both commercial and residential tenants. Located in the heart of the Westside of Chicago, it's close to public transportation, parks, schools, and local amenities. Schedule your private showing today!!
Redone Roof in 2021, New tuckpointing completed in 2020, New Gutter system installed in 2021, Foundation tuckpointing completed in 2022. New apartment furnaces installed in 2021, 3 New A/C condensers installed in 2020, & 2021. New Front building entry door installed in 2020.
Exceptional Opportunity. Located in Old Irving Park Brick 7 unit plus 3000 sq ft retail elevator building. 4-1750 sq ft 2 bedroom, 2 bath, 3-1250 sq ft 2 bedroom, 2 bath. Parking for each unit. 3000 sq ft retail w/2 parking spaces. Units feature stainless steel appliances, Granite counters, In unit washer/dryer, Hardwood floors, Electric Fireplace, Tenants are responsible for utilities. Wonderful location: Close to Six Corners and Transportation.
Introducing an exceptional opportunity for multifamily/mid-rise investors in the vibrant city of Chicago. This newly renovated 4,050 SF property, built in 1909 and updated in 2022, features 6 units and enjoys full occupancy, making it an attractive addition to any portfolio. Located in heart of Little Village Area, the property offers significant potential for rental increases, appreciation in a prime urban location. Don't miss the chance to acquire this impressive property with a strong rental history and ample room for continued growth and prosperity. -6 Unit Fully Renovated Property -Full Occupied w/Strong Income History -Tremendous Upside Offering Both Rental Growth and Appreciation -Below Market Rents -Conveniently Located! Next to Cermak, Kedzie & Ogden CTA bus lines, CTA Train (Pink Line) and I290 & I55 Expressways
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.