Chicago IL Real Estate & Commercial for Sale

Introducing a recently updated multifamily unit building, an exceptional investment opportunity with immediate income potential. This meticulously updated property comprises eight units and all full. The building includes three spacious 3-bedroom units, four comfortable 2-bedroom units, and one cozy 1-bedroom unit. With modern upgrades and attractive living spaces, this property is designed to appeal to discerning tenants, ensuring a steady stream of rental income. Perfectly suited for both seasoned investors and those new to the market, this multifamily building is a turnkey investment in a thriving rental market. Don't miss out on the chance to secure this lucrative asset and enjoy the benefits of a well-maintained, income-generating property.

4336-38 W 18th St, Chicago, IL 60623, is a 7-unit multifamily property offering a compelling investment opportunity in the North Lawndale neighborhood. This Class C property, built in 1901, presents significant value-add potential and benefits from its location within both an Opportunity Zone and Enterprise Zone 1, offering substantial tax incentives to investors. The property features a desirable unit mix of (4) two-bedroom, one-bathroom units and (3) three-bedroom, one-bathroom units, catering to diverse tenant demographics. Currently, 4 units are vacant and ready for renovation and lease-up, presenting a unique opportunity for strategic upgrades to maximize rental income. The pro forma financials highlight robust investment potential: Gross Monthly Rent (Pro Forma): $9,050 Net Operating Income (Pro Forma): $78,161 Projected Cash-on-Cash Return: Above 18% Renovation Budget: $100,000 to $150,000 This value-add opportunity allows investors to increase property value through targeted renovations while capitalizing on strong tenant demand in a market poised for growth. Situated in the heart of North Lawndale, the property offers proximity to transportation, schools, and essential amenities, ensuring sustained demand and long-term growth. For investors seeking high returns and strategic upside, 4336-38 W 18th St is a standout opportunity in Chicago's competitive multifamily market.

No monthly assessment commercial condo. Absolutely incredible, never occupied 2500 sq ft on busy California Avenue. Unique split level construction gives endless possibilities for variety of businesses or live and work arrangement. There is enormous 20X52 main level with hardwood floors, lots of build ins, half bath and sophisticated light fixtures. Few steps up you find 24X24 fully equipped kitchen with huge island, upscale appliances, full bath and balcony. 24X17 lower level could be used for all kinds of purposes. It`s truly unique property!

This massive site formerly housed the historic Charles S. Jackson Funeral Home. The possibilities are endless. Located on a busy street with many other Retail businesses. Priced to Move. Property needs complete rehab. Vacant & Easy to show. Short notice OK. Immediate possession at closing. Property being sold AS-IS, no survey provided - Special Warranty Deed conveyance. Please do your own due diligence prior to offer submission. Proof of funds required with all offers. This property is mixed-use and all offers should include a plan to include residential.

No monthly assessment commercial condo. Absolutely incredible, never occupied 2500 sq ft on busy California Avenue. Unique split level construction gives endless possibilities for variety of businesses or live and work arrangement. There is enormous 20X52 main level with hardwood floors, lots of build ins, half bath and sophisticated light fixtures. Few steps up you find 24X24 fully equipped kitchen with huge island, upscale appliances, full bath and balcony. 24X17 lower level could be used fo all kinds of purposes. It`s truly unique property!

Located at a busy corner, this property offers great visibility, especially with its close proximity to a hospital and just 10 minutes from Ukrainian Village. It's an attractive investment, with residential units potentially renting for 1,650 each and commercial spaces at about 15/sq ft monthly. Take advantage of zoning for outdoor ads to boost income. There's also room to increase profits with short-term rentals or Airbnb, ideal for nearby medical staff. Consider a ghost kitchen to serve the hospital crowd. This is a prime opportunity for a high-earning investment. This is a total gut - Sold AS IS. Lot next door included in the price!

Fully rented and rarely available 7-unit elevator condo quality 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.

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.

Total rehab in 2019. 7 unit building. Three 3 bed 1 bath and four 2 bed 1 bath brand new contemporary apartments with eat in kitchen, living room and dining room. White Oak hardwood floors. Central air/heat. New light fixtures, recessed lighting including ceiling fan. Individual hot water tanks. Thermopane windows with mini blinds. W/D in all apartments. Individual storage rooms. Video security buzzer system. Ecobee 3 smart thermostat. HUGE decks for all units and private patio for the garden unit. Large side yard - building sits on 2 lots. Sunny and Bright! Windows facing every direction. Front units have south and west facing windows. Great sunlight. Rear units have west and north facing windows. Eat in kitchens with custom cabinets. Frigidaire Gallery Stainless steel kitchen appliance package. Solid quartz countertops. Self cleaning oven with convection. Dishwasher. Built-in microwave. 36 inch side by side counter depth refrigerator. Garbage disposal. Under cabinet lighting. Custom backsplash. Bathroom includes - Carrera tiles lining the entire bathroom. Grohe faucets. Handheld multispray shower. Modern vanity + medicine cabinet with modern lighting. Stackable washer/dryer. 6 parking spaces. 10 minute walk to blue line. All new HVAC including A/C.

RM5 Zoning - Prime development opportunity in the one of the most up and coming areas in the city: West Woodlawn. Lot size is 42.5 x 177.25 that features a main (front) building (8,000 sf) and a live/work coach-house (1700 sf). Architectural plans and renderings available for 6 units with its current layout. Opportunity and potential for a bigger development also possible. Make your appointment today to check out this RARE opportunity.

Astor Street opportunity to create your own luxury residence! Classic limestone structure currently 8 total units on 4 floors! Lot size is 110x25.5 (Parcel = 2,805 sqft). Two(2) studio apts., Five(5) one-bedroom apts., One (1) one-bed/two-bath apt. = 6,000+ square feet, 4-story apartment building! Central outdoor garden space and 11-13 foot ceiling heights! This is an incredible project to convert back to a single family home or 2 large luxury units... an architects dream!! Stellar Gold Coast location on the best street in the city and a block from the lake, park, beach, and restaurants!

Located in the heart of South Chicago this One story brick building is ideal for the business that requires high exposure. It has approximately 2700 Sq ft with about 115 linear ft of frontage on busy Commercial Ave. It is currently vacant and was formerly used as a dry cleaners but can be used for a variety of businesses. There is a full unfinished basement and plenty parking.

Commercial Mixed-Use Investment Property with Multiple Income Stream Potential Don't miss this rare opportunity to acquire a fully renovated commercial mixed-use space, with active rental income, and additional leasable space currently available. The property has undergone extensive interior and exterior updates in the last 5 years, and stands alone its' class on the market. Key Features: Fully Rehabbed Warehouse: Updated and ready for business, ensuring minimal maintenance costs. Existing Tenant: One lessee currently occupying 1 of 3 rentable spaces, providing immediate rental income. Additional Leasable Space: With extra square footage still available for lease, you have ample opportunity to cash flow by securing additional tenants. This property is a unique investment for businesses and investors alike to capitalize on multiple income streams in a prime location. Whether you're an experienced investor or looking for your first commercial property, this is an excellent chance to secure a profitable asset.

Fantastic commercial property in a high-visibility location! This single-story brick building is ideal for businesses seeking an established presence in a bustling neighborhood. Versatile layout features large windows for natural light and branding opportunities, along with a spacious interior and a loft area, ready to be tailored to your business needs. Many bonuses: bathrooms, showers, multiple overhead doors, fenced dumpster area for secure salvage or outside storage. Access via front, side alley with multiple parking spaces and overhead door, and rear alley access with wide overhead door garage. Two electric drops - one for each commercial condo'; compressor for air tools throughout. One unit is occupied by a reliable, established sign business tenant would like to sign a new lease for immediate income. One vacant unit ready for immediate occupancy or lease.

Amazing 5-unit property in the Chatham neighborhood! This fully occupied professionally managed building is in great condition and very well-maintained. This property consists of 2bed/1bath and 1bed/bath units with 4 of the units renovated within the last 1-2 years. The units feature luxury vinyl plank flooring and are all equipped with a refrigerator and stove. Major work completed on the property include a new roof installed, new rear porches installed, and extensive masonry work all completed in 2018. This property is perfect for the savvy investor to start collecting rent immediately as the property is occupied with great tenants in place!

WOW! WOW! WOW! Red Hot SIX CORNERS AREA- stone throw away from brand New SEARS Roebuck Conversion & other new developments. Amazing opportunity to bring your ideas to this beautiful/Attractive Facade single story building approx. 57 x 75 which is gutted and ready to be optimized with side drive w/curb cut off Cicero as well as rear alley access to lots of parking spaces. Prior use was medical office. RESTORE & RUN YOUR BUSINESS??? Electric is on and located at outside pole currently. Current zoning is B3-1 however land is 90 x 125. Architect had said awhile back that existing building had strong possibility of adding 2 floors as exists keeping parking way it is or make grade parking on 1st floor and go up and back 1 floor... --- 3 P.I.N.'s to property- 13-16-410-23/024/025 Possible value add use???? Lot size & with City approval you could possibly develop into 3 stores and 6 residential (2 above each store/commercial) or possibly request for 9 residential being 3 duplex-1st floor down and 2nd and 3rd floor simplex's. The 30 feet per in frontage would provide for extra wide units. Please do your due diligence before submitting an offer. Easy to show and Sell!

Very unique brick building 4300 sqft with truss roof. At front small office section and big open area in back. Perfect for body shop, warehouse, galery etc. In back overhead door. Property sold "as is" condition

Great brick building on Archer in hot prime Garfield Ridge area. Blocks from high traffic area Archer & Harlem with many popular business nearby creating high volume business traffic (i.e. Weber Bakery, Walgreen, Aldi's, Portillo's to name a few). Great opportunity for a variety of business's here. Currently used as an insurance office. Public transportation, minutes to HWY I55. Very well-kept office with large open reception area with lots of sun that comes in from the windows. There are 3 private offices (12x8 9x9 & 9x8) back break room, Utility room and bathroom. 2 car garage with room for 2 cars to park on apron in back, along with street parking. FYI when current owner purchased building it was a pizza business. Lots of possibilities here for your business. Roof is a high quality "Dura Roof " known as excellent, durable and long lasting. 2 heating systems. Owner currently only uses the central air system. The second heat is in the floor and is not currently being used. Must have letter of approval with offers. No letter of intent. Agent must accompany buyer. Seller prefers to keep his annual income private. Sale is subject to no insurance company/ business can be established/ operated/ leased etc. on/in this property for minimum of 1 year from date of closing. Feel free to contact agt if any further questions.

Hot Chicago Lawn Mixed Use property. Get a great commercial building with a 2-car garage & ample backyard. Retail and possible office space in a prime location. Park directly in front of the property or in the garage. 63rd St. is home to many small existing and growing businesses such as Little Caesar's, Boost Mobile, and many other Businesses, located west of California Ave., currently offers a full large ceramic retail room, large storage space in the basement, rear private doors, and ample back yard. 2 Newer Gas forced air furnaces, and central air. 2nd-story brick 3-bedroom unit with 1 bathroom, kitchen, dining area, and good size living room, plenty of closet space as well. The unit is currently rented MTM please do not disturb tenants. Easy to show, 1st time buyers welcome! Many uses for this property in a great Location!!! Work & Live in Your Own Property!!! A MUST SEE! Selling AS IS

Prime Retail Corner with High Exposure! This 10,000 SF retail space, zoned for neighborhood business, offers incredible adaptability for a variety of uses. Located in a densely populated area with high daytime foot traffic, the property is surrounded by prominent establishments such as Foot Locker, Popeyes, Dunkin' Donuts, Aldi, Chase, and more. An excellent opportunity for redevelopment, this location is ideal for concepts like childcare centers, banks, fast-food outlets, medical offices, mixed-use retail with apartments, condominiums, or any creative vision you have in mind. Don't miss out on this high-visibility location with endless potential!

Well maintained 10,375 sf mixed-use building having 6,058 sf of building area is situated along the busy 87th Street business corridor. The building has ground floor office space, consisting of two occupied medical offices and one 800 SF space, freshly painted and ready to rent or house your business. The second floor has two apartments (a 1-bed, 1-bath and a 3-bed, 2-bath). The offices are interconnected and could all be occupied by a single tenant or could remain leased to two or more tenants. The property includes 14 on-site parking spaces. All tenants are long term. Easy access to the Dan Ryan Expressway, CTA Red Line, CTA bus #87 and Metra. Neighboring businesses include McDonald's, O'Reilly Auto Parts, a Clarks gas station, and several offices, retail and commercial services. Strip mall located a few blocks east houses both national and regional tenants, including Athletico, T-Mobile, Wing Stop, H and R Block and Pete's Produce grocery store. Solid building, below market rents, great location with steady traffic flow of 13,500 vehicles per day....makes for a great investment opportunity.

Nice 6 unit Building. Individual Furnaces in each unit. Laundry in Basement. 5 units are 2 bedrooms. 1 unit is three bedrooms. Formal dining room in the units.