The median home value in Chicago, IL is $349,900.
This is
higher than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Chicago, IL is $349,900.
Approximately 40% of Chicago homes are owned,
compared to 48% rented, while
12% are vacant.
Chicago real estate listings include condos, townhomes, and single family homes for sale.
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Overall, this mixed-use building in Arcadia Terrace offers a blend of modern comforts, historic charm, and potential for both residential and commercial use, making it a desirable investment opportunity in the vibrant Chicago real estate market. Modernized Living: 3rd floor unit boasts contemporary updates with 2 bedrooms and 1 1/2 baths. The renovations include new plumbing, electricals, drywall, paint, in-unit washer and dryer and all new appliances, ensuring a comfortable and convenient lifestyle for residents with central a/c, gas forced heat. Spacious and Versatile: The 2nd floor unit offers ample space with 3 bedrooms and 1 1/2 baths, complemented by an outdoor area adjacent to the dining space. This outdoor retreat adds a touch of tranquility to urban living. Historic Charm with Potential: The 1st floor, formerly a beloved restaurant that operated for 45 years, holds nostalgic charm and presents an exciting opportunity for a new venture. Its full basement offers versatility for various business endeavors. Enhanced Structural Integrity: Recent updates in 2021 include a new roof on the building, as well as renovations to the 2nd-floor porch and garage. Reinforced floor and new carpet on 1st floor. Some Tuckpointing on both the building and garage ensures structural integrity and longevity. The newly installed lentil on the second floor adds architectural interest and durability. Energy-Efficient Features: The installation of thermal windows on the second floor enhances energy efficiency and promotes sustainability, contributing to lower utility costs for residents. Convenient Parking: A spacious 2 and 1/2 car brick garage provides ample parking space, a coveted feature in urban settings like West Rogers Park Arcadia Terrace. Zoning B3-2 AGENT AND BUYER TO VERIFY ALL LISTING INFORMATION. THANK YOU FOR SHOWING. SOLD AS IS
Back on the market- Nine apartments all of which are fully rented, five offices three of which are rented, one large hall that is used for parties or meetings as needed and two store front which are vacant at this time. Hall has two bathrooms and 10 parking spots that rented to the tenants, The potential for growth and value appreciation is significant for someone who has a vision. Prime location, walking distance to a variety of restaurants and retailers as well as a CTA bus stop.
This fully remodeled, turn-key, approx. 3,125 SF office/retail building located on busy Peterson Ave (44,000 vehicles/day) is an ideal location for any business. Freshly painted, new flooring and new light fixtures. The building features a modern design with an open floor plan, plenty of natural light, and a large parking lot. The building is also equipped with a new dual zoned central HVAC system, fire suppression system, and security system. The building is conveniently located near major highways, restaurants, and shopping centers. This is an excellent opportunity for any business looking to take advantage of the high traffic and visibility of Peterson Ave. Huge waiting area, 1 executive office with bathroom and shower, 2 small private offices, 1 conference room, 2 employee bathrooms, 1 kitchen, 1 storage room, 1 utility room, library/bookshelves area and 1 parking space in the back. This office space is located in a prominent commercial corridor with great visibility. It is ideal for a law firm, accounting firm, real estate office, property management office, insurance company, architecture firm and more. It is located in a dense area near major retailers such as Walgreens, Target, 7 Eleven, Jimmy John's, Chase, Starbucks, Petco and more. It also has easy access to I-95 and I-695.
WELCOME TO ARCADIA TERRACE---unique opportunity to acquire a FULLY occupied THREE-lot / THREE pin investment/owner property with a tremendous traffic count and C1-2 ZONING for many businesses. From left to right it consists of: 5618-gated parking lot/5620 three story mixed use---ALL NEW REHAB-- with a store, 200 amp panel, front-back office plus three private offices, upstairs has two 2-BR apartments, 100 amp panel, with separate dining, all with separate NEW HVAC plus hardwood floors plus all NEW steel back decks, NEW hot water tank, NEWER roof-5 years, rebuilt parapets, tuckpointed/5622 is a free standing 1 story flexi-core commercial garage---levels can be added---200-amp 3-phase+200amp panel. Tenants in 5620 all expire in 2024, 5620+18 are MTM, rents. Just slightly north of Bryn Mawr and adjacent to the booming Devon corridor along with Lincoln Square, Ravenswood, Edgewater. Easy access to public transportation and Lake Shore Drive.
1 story, 4,000 square foot office building situated on a 5,214 Square Foot = 2,708 + 2,506 = 5,214 Sq. Ft. 50 X 100 lot. Building was purchased by a non-profit entity to tear down and build a new building. Plans changed. Ownership also owns the adjacent building just West of subject property at 3550 W. Peterson that's 157.6 X 100. These two properties can be combined for a large new development on a 207.6 X 100 foot lot. The existing building is vacant and needs quite a bit of work. Seller will only sell both buildings together.
2 story, 15,000 square foot office building situated on a 15,769 Square Foot = 0.36 AC = 157.6 X 100 lot. Building was purchased by a non-profit entity to tear down and build a new building. Ownership also owns the adjacent building just East of subject property at 3540 W. Peterson that's 50 X 100. These two properties can be combined for a large new development on a 207.6 X 100 foot lot. The existing building is rented to a dozen tenants but needs quite a bit of work. B2-1 Zoning: Neighborhood Mixed-Use District Retail storefronts, apartments allowed on the ground floor. Intended to spur development in commercial corridors with low demand for retail. FAR 1.2. Seller will only sell both buildings together.
The WORLD district of Devon Ave./California Ave./Kedzie Ave., neighborhood, single story/store building featuring 1,700 Sq. ft. commercial space with small kitchen, and 2-newer bathrooms with 6-tandem parking spaces in the rear of building. Currently is coffee-shop leased for next with $3,000 gross rent. Suitable for doctors, dentists, accountants, attorneys, retailers, and many other businesses/professional. Walking distance to public transportations
Retail/Office building available for sale on Bryn Mawr Ave. Currently divided into two units, the rear portion and partial second floor is occupied by a dental lab. The front section facing Bryn Mawr is a vacant second-generation dental office that currently has 4 fully equipped exam rooms, a lab, breakroom/ lounge, and formal waiting room, reception area and updated bathrooms. Amazing opportunity for a startup or an experienced dental practice or any other medical user to move right in to this space or for another retail or office user. Full basement. Great signage opportunity and ample street parking available directly in front of the building.
TERRIFIC OPPORTUNITY TO START/SCALE/OPERATE YOUR BUSINESS OR ACQUIRE AN INVESTMENT PROPERTY WITH TREMENDOUS CASH FLOW POTENTIAL FROM THIS IMPECCABLY MAINTAINED RECENTLY (2020) RENOVATED/BUILT OUT ALL BRICK TURNKEY MIXED USE PROPERTY STEPS TO LINCOLN SQUARE/SHOPS/RESTAURANTS, MINUTES FROM THE EXPRESSWAY & LAKE SHORE DR & ADJACENT TO A NATURE PRESERVE FEATURING A 2,000 SQFT CURRENTLY OWNER OPERATED RESTAURANT W/$200K+ BUILD-OUT INCL CUSTOM FULL SERVICE BAR, 1,000 SQFT FORMAL DINING AREA W/GAS FIREPLACE, COMMERCIAL KITCHEN, INTEGRATED MEDIA/SOUND & FULL 2,000 SQFT BASEMENT W/2 GUEST BATHS, MULTIPLE FLEX/STORAGE ROOMS & OFFICE + 2-CAR GARAGE CURRENTLY CONVERTED AS ADDITIONAL/COLD STORAGE; TOP FLOOR 2 BED / 1 BATH CONDO QUALITY 1,200 SQFT APARTMENT RENOVATED (2020) W/SHAKER/S/S KITCHEN OPENING TO LARGE LIVING AREA W/HARDWOOD FLOORS, NEW STONE BATH, IN-UNIT W/D, FOYER & BONUS STORAGE AREA W/INDEP CENTRAL HVAC; ADDITIONAL IMPROVEMENTS INCL NEW ROOF OVER APARTMENT (2022), NEW WATER HEATERS (2022), REBUILT FACADE & NEW WINDOWS (2019); ENDLESS USE POTENTIAL ZONED C1-2.
The east corridor of Devon Ave. and Damen Ave., east of Western Ave., at Bill Ave., heavily traveled and trafficked mixed-use district with great presence on Devon Ave. combining business, shops, and professional dense corridor offering 3-Story mixed-use building consisting of 6-leased commercial stores to 4-different tenants/users, and 12-large residential units on the 2/3rd levels, with 8 units are 2-bedrooms 1-bath and 4-units are 1- bedroom, 1- bath. 1-Gas boiler with recent electrical/power improvement worth of $40,000 value. Strong occupancy all year round but with low rents for the residential units. Walking distance to all convenient retailers, shops, entertainments, and public transportation. Actual income and expenses numbers are provided.
Buyer's pre-approval letter required with requested access. 2-Story mixed-use building with finished basement in the middle of Devon Ave. at Claremont Ave., heavy traveled and trafficked mixed district combining business, shops, and professional dense corridor. Approximately 14,000 Sq. ft. building with additional full finished basement space. Consisting of 7-street level commercial stores, 7-large newer units on the 2nd level, and 13-residentil rooms on the main level. Lots of recent improvement through the whole building interior and exterior. Strong occupancy all year-round. Walking distance to all convenient retailers, shops, entertainments, and public transportations. Rent roll and expenses are actual.