Chicago IL Real Estate & Commercial for Sale

Stunning 9-unit Greystone at 1215 S Homan in the growing North Lawndale market! Property features 9 2bed/ 1 bath units with 3 units on each level (Front, Middle, Rear). 4 of 9 units have been recently renovated. Tenant makeup is a mix of 3 subsidized and the remaining market rate with the subsidized units achieving $1,350-1,400 in monthly rent. There is a front and rear basement offering additional storage space for tenants. Building features a mix of copper and galvanized plumbing, gas boiler, and separate electrical meters. Phenomenal opportunity for an investor to increase rents by remodeling the remaining units and occupying with subsidized or market rate tenants.

Discover the potential of 5920-22 W Irving Park Rd, Chicago, IL 60634. Nestled in the dynamic Irving Park neighborhood, this former liquor store and adjoining laundromat offers a rare chance to shape a commercial haven in Chicago. Spanning 7,300 sq ft building on a highly visible corner lot, it's an ideal setting fora mixed-use multi-family or stand alone restaurant, retail or service-based ventures. Currently heavy power, water and gas already to the site. Additionally, sample plans and elevations are available for an exciting mixed-use development, encompassing one commercial space and eight residential units, promising a blend of functionality and style. Strategically located amidst a dense mix of residential and commercial properties, the site benefits from constant foot traffic and ample street parking. The vicinity boasts a rich assortment of dining, shopping, and service outlets, including the renowned Giordano's Pizza, fostering a vibrant community atmosphere. Ease of access is guaranteed with proximity to the CTA Blue Line, multiple bus routes, and the Kennedy Expressway (I-90), simplifying commutes for customers and staff. Plus, with a $150k SBIF Grant currently available and potential eligibility for a TIF Grant from the City of Chicago, thanks to its location within the TIF Corridor, seizing this exceptional opportunity has never been more attractive. Build your multi-unit building now.

Near lighted intersection - Belmont Ave / Oak Park Ave in the Schorsch Village neighborhood of Chicago - Fully leased, well maintained (approx.) 6,500 sf multi-tenant neighborhood corner retail strip. Ideal for the long term investor or for redevelopment. 80 feet of storefront on high traffic Belmont Ave. Approx. 10,137 Sf lot. Some parking in the rear. Surrounded by a diverse mix of residential, retail and office: Family Dollar, Insurance, Real Estate, Walgreens, restaurants, condos and single family homes.

* 5 unit building with 4 residential and 1 commercial space * Two 2 bed / 1 bath and two 1 bed / 1 bath with decks * Residential units have had many updates including kitchens and baths as well as washer and dryers in units * Retail operated as longstanding bar/restaurant * Business included in sale * Licenses included: Incidental, Retail food, patio and PPA * Occupancy 99 inside, 40 outside * Main room has full bar with beer taps, DJ booth, dining area, fireplace and 2 multi-stall bathrooms * Kitchen has hood and black iron for full dining operation * Full basement with coolers, storage, prep, office and more * Additional garage area with large walk-In cooler and room for parking or more storage * Roof updated in last 5 years and mechanicals updated within 3 years * Short walk to Division Street Blue Line stop and 1/4 mile to Kennedy expressway * Area tenants include Jimmy Johns, Target, Milk and Honey, Collectivo, Cheba Subs, Fat Pour, Fed Ex, Rainbo Club

A brand new 2-story retail plaza , features total 48 retail spaces, 74 parking spaces, 2 loading zones; located at heavy traffic interaction of Archer Ave and Canal Ave, on the edge of expanding Chinatown area. It is ready for occupancy. Many businesses have already moved in. This space has endless possibilities and can be used for a variety of businesses. Unit sqft 1,221.

Single-story commercial building for sale in Old Irving Park. Excellent signage and visibility on high traffic Irving Park Road (29,700 Vehicles per Day). Former dental office with large reception, offices, and large kitchen. Located next to attractive new library and apartments. Short distance to public transportation and I-90. Street parking is available. Well populated neighborhood, nearby Albany Park, Mayfair neighborhoods.

Single-story former medical/office building for sale in Old Irving Park. Excellent signage and visibility on high traffic Irving Park Road (29,700 Vehicles per Day). Former dental office with large reception, offices, and large kitchen. Located next to attractive new library and apartments. Short distance to public transportation and I-90. Street parking is available. Well populated neighborhood, nearby Albany Park, Mayfair neighborhoods.

Extremely unique, fully renovated solid masonry construction 7-unit Multi unit property in hot and still appreciating Pilsen. Building includes (5)-2BR/1Bath apartments + (1) Coach house 3BR/2Bath + (1)-1BR/1Bath. Building completely rehabbed in 2014, new electrical, new plumbing, new bathrooms and kitchens, all separate utilities, common laundry room with tenant storage lockers. Professionally managed armchair investment with NO deferred maintenance. Opportunity to increase rents, including possible duplex up 3rd Floor unit to the top floor attic, refrigerant lineset in place, ready for central A/C upgrade in 6 units. The massive coach house has tall cathedral ceilings, central A/C, in unit W/D, perfect for owner occupied unit. Just a few short blocks to awesome restaurants, bars, grocery stores, California Pink line L stop and short drives to highways and downtown.

This multifamily real estate opportunity is in the Groveland Park neighborhood of Chicago. The subject property of 623 East Groveland Park is located 6.3 miles south of Chicago's downtown Loop area. The property is in an exclusive gated community along the shores of Lake Michigan. The unit mix for this property includes six three-bedrooms / one-bathroom units that measure 1,100-1,200 square feet. The units have open floor plans and are newly renovated with modern finishes. The units feature stainless steel appliances, dark hardwood floors and fresh paint. The building has been well maintained through the current ownership. Recent capital improvements include new plumbing, electric, HVAC, roof and other quality finishes around the property. There is also on-site laundry for additional income for the new owner. Parking and storage are currently included in the rent for the tenants.

Discover the unparalleled potential of 7920 S Greenwood Ave, a remarkable 12,500 square foot gem nestled in Chicago's vibrant Chatham community. Formerly an adult day care center, this awe-inspiring facility underwent a breathtaking transformation in 2021, evolving into a dynamic hub tailored to meet the diverse needs of multiple businesses, spanning technology, hair/skin care product manufacturing, and consulting. Step into the southern side of this extraordinary space and be greeted by two meticulously renovated office spaces, complemented by a brand-new office exuding contemporary elegance. A revamped mail room/IT room sets the stage for seamless operations, while a transformed library now boasts a state-of-the-art multimedia conference room, designed to inspire collaboration among teams of 8-12 visionaries. Indulge your senses in the southern realm's culinary haven-a fully equipped kitchen beckoning culinary creativity. Across the expanse, an airy open room hums with artisan manufacturing prowess, adjoined by a capacious garage that will house over 10 cars, effortlessly accessed by a roll-up door. Completing this sanctuary are two lavishly appointed bathrooms, adding a touch of luxury to every corner. Journey to the northern side of this architectural masterpiece, where two expansive offices await, each a sanctuary of productivity and innovation. A revitalized welcome area/lobby greets guests with sophistication, while a sprawling open space beckons as the perfect canvas for transformative conferences or additional office sanctuaries. This wing also houses two additional bathrooms, alongside raw, unrenovated space ripe with potential for conversion into co-working paradises. Bask in the glow of recent updates-a meticulously repaired roof, meticulous tuckpointing and masonry work, plumbing enhancements including a new water heater and four gleaming toilets, and the installation of some new doors, elevating the ambiance of the conference room and lobby with an air of contemporary chic. Envision the limitless possibilities of this extraordinary space, originally envisioned as a beacon for entrepreneurial spirits, startups, and non-profit entities seeking to carve their path to success. This Property is Being Sold As Is, this unparalleled opportunity invites you to step into a realm where dreams are born and greatness is realized.

Investors to the front! Excellent rental upside. Rehabbed in 2017 6 unit mixed use building. One storefront, two 3 bed 1 bath and three 2 bed 1 bath contemporary apartments with eat in kitchen, living room and dining room. New front facade. Hardwood floors. All units have central air and heat. Individual hot water tanks. Thermopane windows with mini blinds. Coin op W/D in basement. Individual storage rooms. Security buzzer system. Large decks for rear units. Sunny and Bright! Eat in kitchens with custom cabinets. Stainless steel kitchen appliance package. Self cleaning oven with convection. Dishwasher. Built-in microwave. Garbage disposals. Bathroom includes modern vanity + medicine cabinet with modern lighting. 3 parking spaces. Long term commercial tenant has lease until 2026. Walking distance to tons of bars and restaurants. Close by the park, easy walk to Chicago Ave/Division St Buses.

6334-40 North Clark Street is a 2-story mixed-use investment property with three (3) street level retail units, leased by Gracie O'Malley's, a popular Chicago Bar with three downtown locations (Edgewater, Wicker Park, and Six Corners), Sauce and Bread Kitchen (SBK), and Co-op Sauce. Sauce and Bread Kitchen (SBK) owns and operates Co-op Sauce and the two adjacent suites are on the same lease. The apartments are comprised of twelve (12) residential units consisting of one (1) Studio unit, five (5), 1-Bedroom/1-Bathroom units, three (3), 2-Bedroom/1-Bathroom units, two (2), 3-Bedroom/2 Bathroom units, and one (1), 4-Bedroom/2-Bathroom unit. The Property also features a detached four bay garage, which can generate additional revenue. The property benefits from rehabbed commercial spaces, updated plumbing and electric, and a brand new tear off completed in 2024. With strong commercial tenants and 100% occupancy on the apartments, this stable investment presents plenty of additional upside.

Includes Storefront and Apartment! Unlock endless possibilities for your business at our exceptional commercial property located in the heart of Chicago. This strategically positioned space offers unparalleled visibility and accessibility, making it the ideal choice for businesses aiming to thrive in a dynamic urban environment. This space has a storefront retails space and a 2-bedroom apartment perfect for owner occupancy. The apartment features hardwood floors and maple cabinets. This property also features a basement and 2 car garage. Schedule you're showing today!

Includes Storefront and Apartment! Unlock endless possibilities for your business at our exceptional commercial property located in the heart of Chicago. This strategically positioned space offers unparalleled visibility and accessibility, making it the ideal choice for businesses aiming to thrive in a dynamic urban environment. This space has a storefront retails space and a 2-bedroom apartment perfect for owner occupancy. The apartment features hardwood floors and maple cabinets. This property also features a basement and 2 car garage. Schedule you're showing today!

This Irving Park all brick 5+ Unit Mixed-use building is less than 1000 feet from the "Heart of the Six Corners Redevelopment District" with nearly One Billion Dollars invested "Active New Construction" (encompassing a three block radius) and more New developments to come. Well maintained by same owners for 40 years, this mixed-use corner building on 1.5 city lots includes 2 store fronts/offices & a 27' x 30' addition w/14' lofty ceilings that may be used for a trades shop, events area, storage, etc.. The 2nd floor has three residential units... one-2 bedroom/1 bath & two-large studios. Includes a 4 car attached brick garage (two overhead doors) and an extra parking area behind the garage/off alley for perhaps a truck, van or utility vehicle. There are so many possibilities for this building. Ariel Pics include (walking distance to): Conversion of the old Sears store to a New TARGET Store street level & a 206 unit Apartment Complex w/all the amenities, The New Clarendale Senior Living Complex, the New Advocate Group Primary Care Bldg, the New Northwestern Medical Bldg, the New Grayland Metra Stop, a New Aldi's (under construction), CTA Blue line stops & easy access to 90/94 expwys to Downtown, O'Hare Field & the northern suburbs. Great candidate for an SBA loan.

This exciting investment opportunity features three adjacent 3-unit new construction apartment buildings located in Chicago's Belmont Cragin neighborhood in a CHA Mobility Area. Completed in 2022, each building consists of three 3BD/2Ba units with luxury finishes, individual HVAC, and in-unit laundry. The apartments layout favorably with open floor plans and a large primary bedroom/bath. Units feature a dedicated parking space, private balcony or patio, storage, and individual water tanks. This is an opportunity to buy a newly-constructed, well-designed and highly-amenitized asset that is among the nicest product in a still affordable submarket. Achieve stability and rent upside with professional management and leasing. The properties are situated northwest of downtown Chicago near Hanson Park in the Belmont Cragin Neighborhood. This quiet area is primarily residential and light industrial uses. The subject property is 1 block from the Metra Hanson Park station and near CTA bus routes. This is a portfolio with 2 separate PIN's - properties can be sold separately.

Amazing location for a savvy investor! Humboldt Park area, just a couple of blocks from the 606. 3 legal units include one 2 bath storefront (with basement), one 2 bed/1 bath apartment, and one 3 bed/2 bath apartment. Excellent tenants, rents have room to increase. Store has open loft feel with exposed brick, hardwood floors throughout, two bathrooms, central air, high ceilings. Includes full unfinished basement for storage. Apartments have been rehabbed with updated kitchens, baths, and dedicated laundry. Second floor (3 bed/2 bath apartment) also has central air and in-unit laundry. Fenced backyard offers many possibilities for summer enjoyment.

Attention Investors: Desired Lincoln Park mixed-use building. Established salon on ground level, 2 - 3bdrm apts, and 1 - 1bdrm. Each unit is spacious and updated- hardwood floors, in-unit washer/dryers, dishwasher, private updated deck for each apt, 6 car parking in the back. Newer individual HVAC forced air units, newer separate hot water tanks. Blocks from DePaul University - easy to rent. Great for investment and/or owner-occupied. Can't beat the location!

AMAZING CASH FLOW BUILDINGS IN THE HOT WEST PULLMAN! 2 BUILDINGS FOR THE PRICE OF 1 BUILDING! REHABBERS SPECIAL! OWNER FINANCING AVAILABLE! THE FRONT BUILDING HAD A FIRE LAST YEAR. 2 OUT OF 4 UNITS REQUIRE GUT REHAB! THE FRONT BUILDING REQUIRE A NEW ROOF. REAR BUILDING'S @ UNITS ARE IN RENTABLE CONDITION. OWNER WILL CONCIDER $10,000 DOWN PAYMENT OWNER WILL EXTEND LOAN BALANCE FOR 12 MONTHS TO ALLOW THE BUYER TO FINISH REHABBING THE BUILDING. BEST ESTIMATES ARE THAT IT WILL COST 60,000 TO FINISH ALL NECESSARY REHABILITATION OF THE FRONT BUILDING. PARTNERSHIP FEELS CONFIDENT THAT WHEN FINISHED AND APARTMENTS RENTED THAT THE PROPERTY WILL SELL FOR $300,000 AND POSSIBLY MORE!!!

6228 S. Greenwood is nestled amongst new construction developments and are located two (2) blocks away from the prestigious University of Chicago. Additionally, the asset sit just blocks away from the construction site of the future Obama Presidential Library. 6228 S. Greenwood, an eight (8) unit center entrance walk-up, is comprised of seven (7) 3Bd/1Ba units and one (1) 2Bd/1Ba unit. Units feature hardwood flooring, stainless steel appliances, updated cabinetry, and individual furnaces. 6228 S. Greenwood presents an investor with the rare opportunity to acquire a highly desirable building in one of Chicago's fastest growing and rapidly expanding neighborhoods. From day one, a new operator will realize a 7% cap rate. Given the rapidly changing rental market, an investor could further improve these figures. Solely by raising rents to levels already being achieved in the building, an investor could achieve a cap rate over 8% and cash return of 10.3%.

6213 S. Greenwood Ave is nestled amongst new construction developments and is located two (2) blocks away from the prestigious University of Chicago. Additionally, the asset sit just blocks away from the construction site of the future Obama Presidential Library. 6213 S. Greenwood, a center entrance six (6) flat, is comprised solely of six (6) extremely spacious 4Bd/1Ba units. All of which, however, have been renovated in the last two years with quartz countertops, LVP flooring, stainless steel appliances, & modern cabinetry. 6213 S. Greenwood presents an investor with the rare opportunity to acquire a highly desirable building in one of Chicago's fastest growing and rapidly expanding neighborhoods. From day one, a new operator will realize a 7% cap rate. Given the rapidly changing rental market, an investor could further improve these figures. Solely by raising rents to levels already being achieved in the building, an investor could achieve a cap rate over 8% and a cash return of just under 12%.

First floor, commercial condo in hot Avondale. Elegant, inviting building constructed in 2008. Marble floors, 14 ft ceiling. Huge windows, lots of light, high visibility to vehicular and pedestrian traffic. Employee kitchen, laundry and storage in the back. Can be used for a store, a spa, professional office, or a restaurant.Currenly a hair salon.