For Sale ($239,900) or Lease ($25 psf. net) LINCOLN AVE STREET RETAIL or OFFICE in PRIME LAKEVIEW. New construction 1,200 sq.ft. commercial space with 1,500 sq.ft basement/storage. 12' foot ceilings, floor to ceiling windows. The space is already finished with dark flooring and white walls. Ideal for office, retail store, pet groom/boarding, dental or medical use. Available for immediate occupancy.
Terra Cotta yellow brick building looking for owner/user or investor! Large brick garage 750 to 1000 sq ft. High ceilings! 8 one-bedroom apartments and 3 stores. Property is a total gut! Plans for a living facility. Contact List Agent For More Details.
INVESTORS NICE AREA. (8016-8022 S YATES) CONVENIENTLY LOCATED NEAR LAKESHORE DRIVE OR EASY ACCESS TO EXPRESSWAYS AND PUBLIC TRANSPORTATION. BEAUTIFULLY REHABBED CALIFORNIA STYLE BUILDING. THIS PROPERTY WAS REHABBED IN 2021. FULLY OCCUPIED. THIS PROPERTY OFFERS 5 (1 BEDROOMS) AND 6 (2 BEDROOMS). NEW FRONT & BACK PORCH; NEWER ROOF; COIN-OPERATED LAUNDRY; ASSIGNED PARKING. 11 WALL-UNIT A/C; TENANTS PAY COOKING, HEAT AND ELECTRIC. UPDATED IN-UNIT SERVICE PANELS. MAKE YOUR APPOINTMENT TODAY. GREAT INVESTMENT!!
An exceptional commercial property for sale! This commercial property, formerly operated as a medical office, presents an unparalleled investment or business venture. The property offers immense potential for various professional practices or savvy investors. Conveniently located in Chicago, this property enjoys excellent visibility and accessibility. Originally constructed to serve as a medical facility, this property boasts a layout tailored for efficient functionality and patient comfort. The property has been thoughtfully divided into individual offices and exam rooms, ideal for accommodating a single comprehensive medical practice or leasing out to multiple practitioners or businesses. With its flexible layout, this property caters to a wide range of medical specialties or professional services. Whether it's a dental clinic, dermatology practice, counseling center, or any other healthcare or professional service, the possibilities are endless. Equipped with modern amenities and infrastructure, including waiting areas, reception desks, examination rooms with plumbing provisions, and administrative spaces, this property ensures a seamless transition for prospective occupants. For investors seeking a lucrative opportunity, the property offers the potential for multiple rental incomes from diverse tenants. Suited for a single medical practice or subdivided for multiple tenants, offering versatility and income potential. Benefit from a turnkey operation with existing infrastructure, saving time and resources on renovations. Whether you're an entrepreneur looking to establish your practice or an investor seeking a lucrative venture, this prime commercial property offers the perfect canvas for success. Seize the chance to own a piece of Chicago's thriving commercial landscape and unlock the potential of this remarkable property.
Bucktown/Wicker Park New Construction Ground Level Retail 1560 square feet set on Vibrant and Dynamic North Ave, 2.5 blocks from the epicenter of North/Damen and Milwaukee. Soaring 11 ft 8' ceilings, Wide Expansive Layout Delivered Vanilla Box. Zoned B3-2, Strong Traffic Count 23,900 cars per day, Excellent Visibility, Stunning Luxury Boutique Residences above. Builder may consider participating in future build out.
Excellent opportunity to own this all brick 6 unit building. It is Fully rented. and ideally located just blocks from Lake Shore Drive to Downtown Chicago
Welcome to an exceptional development opportunity located at the southeast corner of Division & Kimball. This prime site, measuring 48x111, presents the perfect canvas for a lucrative real estate venture. Proposed is a center entrance 6-unit condominium building, promising an attractive finished gross sale projection of $2,000,000. This project offers the potential for substantial returns on investment. Furthermore, environmental concerns have been addressed, with underground storage tanks responsibly removed in 1999. Removal reports are available upon request, ensuring transparency and compliance with regulations. Currently occupying the premises is a auto repair shop featuring 5 bays, a lobby, and a half bath. It is important to note that the property is tenant-occupied on a month-to-month basis, and therefore, discretion is advised to not disturb the tenant.
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!
New construction investment! Perfect to buy and hold this cash flowing property with no work needed. Rents are great- listed at a 6% cap rate. Solid commercial tenant on the first floor Glow with long term lease in place. 6 units, 5 residential and one commercial, 2-3 parking spaces. Mix of 2 bed/2 bath and 3 bed/2 bath apartments. All have central AC, laundry in unit, walk in closets, king size bedrooms. High end modern finishes throughout. Full unfinished basement with room to expand.
This mixed used property in Humboldt Park is a great investment opportunity. This mixed used property retail space is currently occupied by a beauty supply store. The property's prime location in one of Chicago's most vibrant neighborhoods, busy area with diverse range of amenities, restaurants and more.
The unique opportunity to acquire a meticulously maintained 19-unit walk-up building in the Greater Grand Crossing neighborhood of Chicago. This exceptional property features spacious all two-bedroom units, each offering 1,000 sq f of living space adorned with beautiful hardwood floors. The property has undergone several notable improvements, including newer windows, all copper plumbing, a high-efficiency boiler, updated electric systems, a new fence, and recent tuckpointing and security cameras. There is potential for a significant increase in rent amount achieving a 12.2 cap rate, with the possibility to use an existing management company Taty Management. Conveniently situated just 9.3 miles south of Chicago's downtown loop area. It is located near "Chicago Transportation Authority" (CTA) 69th Street Red Line train station, ensuring easy commuting options for residents. Additionally, the proximity to the I-94 Expressway and several CTA bus stops, including 24, 67, and 167 routes.
Great opportunity for the new or seasoned investor to acquire this 6-unit income-generating property. This property offers solid cash flow, has upward potential of 14% cap rate, and an upward potential of cash on cash return of 32%. The property has a new back porch (1-year old). The adjacent parking lot with separate PIN, 5 parking spaces, and a 2.5-car garage can generate additional income. Professionally managed. Being sold as-is. Four of the 6 units are currently leased. Perfect for the owner-occupant situation! Showings by appointment only. The property won't last long, schedule a showing today!
Fabulous corner location in residential neighborhood. Great visibility. Beautiful half-round windows are echoed on the interior as architectural features of the property's walls. This potential-filled location is distressed, and awaits your purpose. City services of electricity, heat, water are not connected. Bring your flashlight to tour. Buyer responsible for back taxes and any city fines. Taxes Due for Multiple Years. Due as of 4/1/24: 2021 - $17,005; 2022 - $14,514; 2023 - $7,152
Incredible Opportunity to Own a Value-Add Mixed Use Property on an Oversized Chicago Lot in rapidly appreciating North Center and coveted Coonley School District!!! This property currently consists of Two Individual Storefronts and Four Residential Apartment Units. East Storefront is vacant as well as 1 studio apartment. All four other units including one commercial space and three residential apartments are Month-To Month. Great site for tear down and new development construction in highly desirable CPS Coonley School District!!! Residential Units are a mix of 1 Bedroom and Studio Units!!
Two storefront located in high traffic area! Ready to set up new business in former laundromat with great tenant already in place. Has Central A/C & Heat. Parking lot behind building. Roof redone every 4 years by owner. Has lots of potential!
One of the spaces available for rent and four parcels for sale in high traffic area by expressways and airport. Excellent place to rent and/or income-producing property. * For Sale or Lease * Industrial/Flex Zoning * High Traffic Laurence Road * On-Site and Street Parking * Near Expressways and O'Hare Airport * Four parcels in the portfolio * Flex Terms * Set-up for Printing or Customize for your business or Redevelopment Potential Contact LA for details.
Great location! Modern style retail/office condo For sale on Ashland Ave. Approx. 1700 square feet, zoned B1-2. High end, modern finishes. Full bathroom with shower ,12 foot+ ceilings. Large storefront windows provide great visibility. neighborhoods. Perfect for small retail/office/services. This unit also features a lofted living space in the back perfect for work live space! Must See contact listing agent for showings!
Perfect Property For New And Experienced Investors! Don't miss out on this newly remodeled building that features 6 apartments and 8 retail/office storefronts equalling 15 income producing units. The 6 residential units are one 2bed/1bath, and five 1 bed/1bath. 5 apartment units have been renovated with individual gas forced heat and hot water heaters. 8 storefronts also have gas forced heat and central air. Tenant Pays cooking gas, heat, elec. Owner pays ins, tax, water. Conveniently located to Metra 79th St Station and Interstate. Walk into this deal with equity! Property located in a opportunity zone area so there are many city grants available. There is potential for more income once the 2 vacancies are filled. 2 apartments are vacant. There has been a ton of work and repair done due to the city of Chicago violations. There is still a few repairs and updates the new owner will need to take over which is why we are selling at a discount. please contact me if you have any questions.... we have started the process with attorney to challenge the taxes and get a reduction in yearly taxes.... Opportunity Zone and tons of Equity! buildings are selling for close to 1 million plus attached is the OM with the rent roll and comps
Two-story commercial building for sale/redevelopment. High visibility with 150' of frontage on high traffic North Avenue (22,700 vehicles per day). 24,352 SF above-grade building. The building includes 5 ground-level retail spaces (3 leased and 2 vacant). H&R Block is a tenant at this location. Second level is unfinished, raw space with 3 washrooms. Convert the second level into apartments for additional income! There is also an unfinished basement for storage and mechanicals. 15 to 20 parking spaces in rear. Explore the possibilities of this dynamic property!
Significant investment opportunity ideally located in Heart of Lakeview. Situated just steps from a countless number of national big box retailers and local hot spots this mixed-use property is ideal for investors and end users alike. The immediate location is an A+, high traffic area, ideal for foot traffic, signage & advertising. The property consists of a 2000ft commercial storefront with multiple office areas, 2 bathrooms, a kitchen space and a finish lower lvl. The upper floor floors consist of two Newly Renovated 3 bed/2bath rental units with access to private outdoor space. The 2 car attached garage is located on-site in the rear of the building with an oversized door for extra large vehicles. Amazing opportunity!
Located in a Trending Neighborhood near Rogers Park, on Touhy, just west of Rockwell. Self-managed, single story, brick building with ample parking in the rear (12 spaces) and five storefronts on Touhy Avenue. Current tenants in place: R&B Tire Shop (16+ years), Menchies (16+ years), Aiki Budo Center (Brand New Build out) and one vacant storefront to lease or owner/user. Utilities are separately metered, renters pay for gas and electric; each unit has individual HVAC; Landlord is responsible for snow removal and landscaping. Well maintained building with recent updates: two storefront roofs were replaced, recently tuckpointed, exterior was repainted in 2020, recently repaved parking lot. 1.2 Miles to the Rogers Park Green line train station, multiple bus stops and Divvy stations plus close access to the Expressway and Lake Shore Drive. Area tenants include: Autozone, Buckingham Rehabilitation Care, Ann Blitstein Teachers Institute, North View Dry Cleaners, Pearly Whites Dental, Andres Roofing, A Gentle Wind Florist, 7-Eleven and much more!
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