Chicago IL Real Estate & Commercial for Sale

Investment opportunity with fully remodeled turnkey 8 unit brick building in Bronzeville neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to high efficiency individual HVAC (air compressors on the roof), a new roof, new 400-amp electric service, and updated plumbing, apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near downtown and expressways I-90/94 plus proximity to an abundance of shopping and retail in Bronzeville, Kenwood, and the Hyde Park neighborhoods. Some value add opportunities. Cash flowing asset. Interior photos will be added soon. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.

BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site. The ground floor is 100% leased and the second floor ready for your ideas. Previously 2nd flr housed 17 apts. Remarkable possibilities! Ground floor fully leased to long term tenants for instant cash flow. The 9,180 SF second floor is wide open, with soaring ceiling heights to 14 feet. Additional possibilities to add square footage include adding 3rd floor loft space in a portion of the second floor and building out an existing very cool all masonry roof penthouse. Architectural plans available to construct a lobby, stair and elevator on Michigan Avenue with direct access to the concrete 17 car fenced, landscaped & irrigated parking lot. The possible uses are endless and include but are not limited to apartments, dramatic office space, medical, gym, basketball, pickleball, dance studio, restaurant, theater, doggie daycare, gallery and many other possibilities. Possible TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.

BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site. The ground floor is 100% leased and the second floor ready for your ideas. Previously 2nd flr housed 17 apts. Remarkable possibilities! Ground floor fully leased to long term tenants for instant cash flow. The 9,180 SF second floor is wide open, with soaring ceiling heights to 14 feet. Additional possibilities to add square footage include adding 3rd floor loft space in a portion of the second floor and building out an existing very cool all masonry roof penthouse. Architectural plans available to construct a lobby, stair and elevator on Michigan Avenue with direct access to the concrete 17 car fenced, landscaped & irrigated parking lot. The possible uses are endless and include but are not limited to apartments, dramatic office space, medical, gym, basketball, pickleball, dance studio, restaurant, theater, doggie daycare, gallery and many other possibilities. Possible TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.

BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site. The ground floor is 100% leased and the second floor ready for your ideas. Previously 2nd flr housed 17 apts. Remarkable possibilities! Ground floor fully leased to long term tenants for instant cash flow. The 9,180 SF second floor is wide open, with soaring ceiling heights to 14 feet. Additional possibilities to add square footage include adding 3rd floor loft space in a portion of the second floor and building out an existing very cool all masonry roof penthouse. Architectural plans available to construct a lobby, stair and elevator on Michigan Avenue with direct access to the concrete 17 car fenced, landscaped & irrigated parking lot. The possible uses are endless and include but are not limited to apartments, dramatic office space, medical, gym, basketball, pickleball, dance studio, restaurant, theater, doggie daycare, gallery and many other possibilities. Possible TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.

BRONZEVILLE! POTENTIAL & VISION! Approximately 17,500 SF two story building (+ partial basement) on a 19,200 sq ft site. The ground floor is 100% leased and the second floor ready for your ideas. Previously 2nd flr housed 17 apts. Remarkable possibilities! Ground floor fully leased to long term tenants for instant cash flow. The 9,180 SF second floor is wide open, with soaring ceiling heights to 14 feet. Additional possibilities to add square footage include adding 3rd floor loft space in a portion of the second floor and building out an existing very cool all masonry roof penthouse. Architectural plans available to construct a lobby, stair and elevator on Michigan Avenue with direct access to the concrete 17 car fenced, landscaped & irrigated parking lot. The possible uses are endless and include but are not limited to apartments, dramatic office space, medical, gym, basketball, pickleball, dance studio, restaurant, theater, doggie daycare, gallery and many other possibilities. Possible TIF, Invest South/West and more. Super close to the Green Line & Red Line trains and 90/94.

Exceptional investment opportunity in Bronzeville. Fully stabilized 6 unit building with high-end condo quality finishes. 2022 New Construction, intelligently designed all brick building, boasting an impressive 6.7% Cap Rate with $238,000+ gross income and NOI of $193,000. This property offers an absolute turnkey experience at the confluence of Bronzeville/Kenwood with all leases running into Spring 2024. Unit breakdown of (2) 1800 sqft three bed/two bath residences, (2) Penthouse 1950 sqft three bed/two bath residences and (2) 3000 sqft four bed/two & a half bath duplex residences. Each unit boasts private outdoor space with penthouse units getting private rooftop decks and garage roof rights for duplex units. 6 car garage (1:1) and exterior storage. The units in this luxury boutique building are distinguished by the finishes & details; hardwood floors, in unit laundry, central air/gas forced heat, video intercom, custom closets, window treatments throughout, and fireplaces with built-in shelving. Kitchens are all finished with quartz countertops & backsplash, breakfast bar overhang, stainless steel appliances, and custom cabinetry. Elevated primary suites with walk-in closets and double vanity with quartz countertops, and walk-in shower with rain shower head and bench. Both guest bedrooms have closets built out with custom organizers and guest bathroom has shower/tub combo. Duplex units include butler pantry on main level and heated floors in lower level. Happy tenants with sound barrier between floors with open cell foam, 1:1 garage parking, and exterior storage. The property is home to AAA tenants, ensuring a stabilized asset for investors seeking a secure and lucrative venture in the thriving Bronzeville real estate market.

5219 S. Calumet is a 26-unit property located Chicago's historic Washington Park neighborhood. The asset is ideally situated within steps of Washington Park and just one block away from the Metra Train (51st Station), providing quick and easy transit via public transportation to Chicago's Downtown. 5219 S. Calumet is comprised of an incredibly desirable unit mix, consisting of nine (9) 1Bd/1Ba, twelve (12) 2Bd/1Ba, and five (5) 3Bd/1Ba units. All units are incredibly spacious and have been updated both cosmetically and mechanically. In addition, the building boasts wood flooring throughout and easy access to newer laundry machines in the mechanical room. 5219 S. Calumet provides investors with the unique opportunity to obtain a stabilized, cash flowing asset in one of Chicago's most rapidly appreciating neighborhoods. From day one, an investor will realize an in-place cap rate over 7% and a cash return of 5.36%. Additionally, an investor has the option to assume the existing debt (terms below) through Freddie Mac: 5219 S Calumet: - $1,673,420 - 4.97% Rate - 5 Years Remaining

This amazing new construction project has just been finished and ready for savvy investors! The building features 6 spacious units: 4 simplex units with 2 bed/2 bath and 2 duplex down units with 4 bed/3 bath, family room. Each unit has large kitchens with quartz counters, stainless steel appliances, peninsula, in-unit washer dryer, private storage units, assigned parking. Each unit has high efficient furnaces and tankless water heaters. The certificate of occupancy has been issued and the building is ready to occupy.

Wow, Here is an incredible opportunity for a cash flowing asset with so much upside, it is ideal for the arm chair investor. 5 Units plus a potential 6th which is well within the zoning. The rear porch is brand new, 4 of the 5 kitchens are brand new, all new hardwood floors, repainted surfaces, and so much more. The first floor is original with a long term tenant and that is the good news, it is a massive 1600 sf ft 5 bedroom 1 bath with interior access to the lower level. Basement ceiling heights are currently about 7 ft. Serious inquiries only, and a pre approval is required prior to showing.

Introducing 5471 S. Ridgewood Court, a rarely available multi-family property in the highly coveted Hyde Park neighborhood. This distinguished center entrance building embodies a timeless allure, showcasing the iconic historic architecture of Chicago while seamlessly integrating modern amenities within each unit. The building is comprised of six (6) 2-bedroom / 1-bathroom apartments and has been meticulously maintained by professional management. Location makes this property especially attractive to students and faculty members. All of University of Chicago's main buildings (school of business, engineering, humanities, and library) are within short walking distance. Each apartment presents an irresistible fusion of sought-after attributes, including open floor plans, spacious living areas, well-appointed bedrooms, and an abundance of natural light. The units have been thoughtfully enhanced with updated kitchens, and the building benefits from a meticulously cared for boiler system. 5471 S. Ridgewood Court offers an outstanding investment opportunity for those looking to acquire a property in one of Chicago's most vibrant and rapidly evolving areas. With this investment. A new owner can unlock value without incurring the substantial costs associated with a full-scale construction renovation. Additionally, the introduction of in-unit laundry facilities to each apartment provides potential to further enhance income. This distinctive offering allows for the acquisition of a secure investment with promising upside in an A+ Hyde Park location, nestled by the University of Chicago's campus and ensuring a robust cash-on-cash return for many years to come

This building is located in Hyde Park, one of the top rated Chicago communities. It also is one of the most culturally diverse neighborhoods in the City. It is adjacent to the major shopping area in Hyde Park and a short walking distance to the University of Chicago Campus. The mix of units include four 4-bedroom 3 full bathroom apartments, two 4-bedroom 2 full bathroom apartments and a garden apartment with three bedrooms and 2 bathrooms. All units have individual heating and air conditioning with washer and dryer. All have hardwood floors and interior entry. All units have been fully rehabbed with new kitchens and appliances. Buildings like this seldom come on the market, don't miss this opportunity.

This building is located in Hyde Park, one of the top rated Chicago communities. It also is one of the most culturally diverse neighborhoods in the City. It is adjacent to the major shopping area in Hyde Park and a short walking distance to the University of Chicago Campus. The mix of units include three 3-bedroom 2 full bathroom apartments, twelve 2-bedroom 2 full bathroom apartments and seven 2-bedroom 1 bathroom apartments. All units but two include individual heating and air conditioning with washer and dryer. All have hardwood floors and interior entry. All but two units have been fully rehabbed with new kitchens and appliances. Buildings like this seldom come on the market, don't miss this opportunity.

Church has two (2) restrooms and a small area in the back of the house. On the lot behind the building, there is 50-60 feet of space that can be used to build out/add on to create a Pastor's Office and a garage/parking pad.