South Shore is one of hottest neighborhoods for investors in the entire nation! According to Crain's Chicago Business in an article published on 1/15/2020, a Wisconsin investor just purchased a massive quantity of apartments in South Shore for $18 million dollars! "This deal shows how the rising South Shore apartment market is allowing investors to buy, renovate and then sell buildings at much higher prices than they paid for the properties." This 5-unit residential mixed use includes 4 two bed, one bath apartments and a sizable store front that have the potential to generate $6,000 per month in total rental income! This property qualifies as residential mixed use so feel free to reach out to your FHA 203k consultant! The projected after-repair-value of this property once renovated is approximately $365,000! Please act swiftly before the Venture Capital firms gobble this one up!
This is it!! Perfect opportunity to have a successful restaurant operation on busy 26th Street. Perfectly situated, this mixed use, all brick building has over 900 square feet of commercial use. The fully equipped kitchen and existing restaurant equipment are included in the price. Zoned B3-2, the building can also accommodate a potential mix of uses. There are 2 very spacious apartments for added income on the second and third floors. Don't let this amazing opportunity pass you by! Call listing office for more information.
NEW CITY 6-unit building with ADDITIONAL SIDE LOT for a total of 50' frontage! Brick & vinyl exterior. 400-amp circuit breaker electric. Tenants pay own heat & electric. Additionally has finished attic & 2 ground-level storage spaces in rear. Good tenants. Many updates last 4 years (new front wood staircase & metal side staircase, interior security lighting, bathrooms...) & building brought up to code. Located across from Davis Square Park & close to retail corridor by Ashland & 47th St.
South Loop, North East corner of Cermak and State which is adjacent & West of the Green Line CTA Station. 5 retail store fronts for lease on 1st floor ground level offered as a Grey Shell. Minimum 1st floor available square footage is 1,000 SF; maximum 1st floor available rentable square footage is 5,157 SF. NET lease.
Cook County has this as a 6 unit. There is a commercial unit on the first floor. There is 4 one bed room units. 3 rented for $500 and one is Vacant. there are 3 units in the back with 2 bedrooms, two are rented for $600 and one is $700
ATTENTION INVESTORS TAKE A LOOK ON THIS GREAT OPPORTUNITY!!!! SIX UNITS INCOME PRODUCING APARTMENT. THIS IS A DELUXE BUILDING WITH GREAT LOOKING HALLWAYS LINED. FOUR APARTMENTS ARE ONE, BEDROOM, LIVING ROOM, KITCHEN. AND TWO APARTMENTS: 2 BEDROOMS, LIVING ROOM, KITCHEN AND A BATH. NICE LARGE ROOMS. 5 PARKING SPACES. COIN OPERATED LAUNDRY FOR EXTRA INCOME. UNFINISHED BASEMENT FOR EXTRA STORAGE. THIS IS AN ESTATE SALE PROPERTY IS SELLING AS IS CONDITION. BRING YOUR OFFER BEFORE IS GONE. WALKING DISTANCE TO TRANSPORTATION, SCHOOLS, SHOPPING MALLS ETC ETC.
3 options for this 12,012 SF corner site at a stoplight intersection. B3-2 zoning. You can redevelop the site for a multi-story building, or, you can build a strip center or continue to operate the location as a gas station Currently 3 double sided pumps and a 2 bay service bays. Located in the Devon/Western TIF District. On heavily trafficked Peterson. IDOT indicates +/- 45,000 cars per day pass the property. Easy to see - drive by anytime. Please do not disturb service station staff.
Outstanding exposure/location. This currently rented fully finished retail/office space is at stoplight intersection of Montrose and Clark. This Newer rehab-architecturally designed w/ barn wood/exposed brick, 10ft ceilings, LED Cam dimming lights throughout. New electric, plumbing, kitchen w/SS appliances, ADA bathroom & tuck-pointing. Everything up to code. Great size conference room w/ 2 offices. Current tenants have extended their lease until January 14,2024. They've been strong tenants and are great neighbors! The real estate taxes are based on a Cook County valuation of $760,000. This property could be a great candidate for a repeal and significant reduction. List price is approx. 31% of that evaluation. Potential reduction could push Cap rate close to 10%. Strong long term tenant makes this an easy investment.
Great corner location 58.5 x 125 lot consisting of 3 store fronts, 2 apartments, 450 sq ft of private office and, 1200 sq ft garage/storage plus a full basement. The first floor has 3700 square feet of commercial space,with 1,000 sq ft private outdoor patio garden. Second floor consist of two large apartments and a roof top deck. Various hospitality concepts would thrive here. Very accessible and plenty of street parking. BUSINESS NOT INCLUDED, DO NOT BOTHER THE TENANTS
REMARKABLE NEW CONSTRUCTION, ONE COMMERCIAL RENTED FOR FIVE YEARS AND TWO UNITS.3/2 SIMPLEX AND 3/2.5 DUPLEX. SUPERIOR FINISHES IN THE HEART OF CLYBOURN CORRIDOR/LINCOLN PARK AREA. JUST STEPS FROM THE RED LINE, STARBUCKS, CRATE AND BARREL & THE APPLE STORE. MASTER EN-SUITES WITH TONS OF BALCONIES LEADS OUT TO ROOFTOP DECK OVER GARAGE W/SWEEPING SKYLINE VIEWS, HARDWOOD FLOORS THROUGHOUT, TONS OF CABINETS, SS KITCHEN AID APPLIANCES, QUARTZ COUNTERS, HUGE WINDOWS, ALL CLOSET PROFESSIONALLY ORGANIZED, SPA LIKE BATHS WITH GROHE FIXTURES, SPEAKERS THROUGHOUT, ELEGANT LIGHT FIXTURES THROUGHOUT. FULL SIZE IN UNIT WITH GARAGE SPACES. SOLID INVESTMENT! A MUST SEE.
Amazing location! Just East of Chicago and Damen intersection and near everything West Town has to offer. 1800 plus small crawl space. ASF Storefront plus 4 car brick garage with small Courtyard in the middle, on the Alley for great street presence and a three-bedroom apartment upstairs make this a perfect investment property! Easy to put a hood in for a restaurant as 1st floor is longer than upstairs., use for retail, office or work/live. Storefront has high TIN ceilings, open floor plan, small kitchen, bathroom and laundry hook up in the rear!This is in the SSA so you are eligible for snow removal, facade rebate, murals and decorative business support! Apt is freshly painted,large with high ceilings,hdwd floors,laundry and large private deck. 4 car brick garage may support roof deck!! Great opportunity!near Marianos,Blue line,Metra, etc! Apartment showings only on 2nd showings.
Rarely Available Warehouse Space with Offices on Western Ave and 43rd in Chicago. Very affordable rent, especially for the City. Near HWY I-55, Access on Rear Including (3) Loading Docks, 6 Private Offices & 4 Restrooms, and much more. For Lease at $6/SF Gross.
Amazing location of this Vanilla box in Edison Park. Located right in the heart of the Edison Park Business District, this property is perfect for so many business ideas. This property can be combined with the neighboring property (unit 1) to become 3000sq feet. Parking can be available behind the building.
Amazing location building in Edison Park. Located right in the heart of the Edison Park Business District, this property is perfect for so many business ideas. This property can be purchased as an entire building 3000sq feet, leased as an entire building or subdivied into two units. Parking can be leased and available behind the building. 4 parking spaces with the building.
Rarely available cash cow! This property is priced at a 16% cap rate. Property has recently gone through 250K+ renovations, originally 5 storefronts now combined into 4 & an additional 4 apartments, total of 8 units. All commercial tenants are running positive profits. Some long-term residential tenants with over 40 years occupancy. Features new electrical circuit breakers, hardwired CO2 & fire alarms, new plumbing throughout, new beams & joists where needed, new chimneys, new heating unit in commercial spaces, newer heating units in apartments. Each tenant has separate heat & hot water tank. Tenants control individual thermostats & have individual utilities. Income of $8,000 monthly!