Gut rehabbed in 2016-17 unit Multi-Family apartment building in Chicago's popular Noble Square/ West Town area! This building had undergone a complete remodel featuring brand new hardwood floors, upscale stainless steel & granite kitchens, lavish bathrooms finishes, lighting fixtures, all electric, HVAC, plumbing, underground sewer and floor prevention systems & in unit washer/ dryer installation! The building offers front, middle & rear separate buildings with apartments from 1 Bed/ 1 Bath to 3 Bed/ 2 Bath options! Close to Wicker Park, Fulton Market, the el, expressways, shopping, restaurants and bars, parks, and more!
Excellent all brick office building in the heart of Chicago's east side neighborhood. It has been used as a medical office for decades. Keep the same use or it can be used for professional offices. There are 7 treatment rooms, Reception areas, waiting areas, a conference room, file rooms, a copy room and other utility rooms. It has one full bath and two half baths. The 2 car garage is attached.
When the owner is retiring.... The Excellent investment opportunity comes your way!!! A great chance to own this incredible layout mixed use building 3400 plus SQF sitting on a 6000+ SQF lot with a tremendous spacious with exit/entrance double lot for parking/storage with a built strong high wraparound fence for your belongings protection. Attached 2-Car garage, 2 apartments or could be just a large apartment and live like in Dubai....Big, very comfortable with your family!! 2 commercial/offices spaces all with separate entrances and utilities (gas/heat) control. Additional space available in basement with additional rooms thereto being used for conference room and/or office as well.....This property is HUGE and well kept. Property close to hospitals, public transportation, Police station, stores, city parks and much more.
Discover this exceptional doctors' office with multiple private rooms, nestled on a spacious 40' x 197' lot. With 12 dedicated parking spaces, recent tuckpointing, and a rooftop HVAC system, this property ensures a turnkey opportunity for the local entrepreneur. Whether launching or expanding your practice, this meticulously maintained space offers versatility and a conducive environment for any type of medical professional. Own this promising office space, envisioning the vast potential it holds for your business's growth. Schedule a visit today and seize this opportunity for success.
Location, Location, Location Great Location on 8rd Street It's currently being use as a Daycare and Owner is willing to talk about selling the business. But this property can be 3 separate offices each unit has it own bathroom and front and back exit door, shared kitchen. A//C on the roof. Being SOLD AS IS but in good condition. Cash or Conventional Only.
Presenting 7115 S Oglesby-an exclusive, fully-occupied, income-generating 6-unit property superbly situated in the vibrant South Shore neighborhood. It boasts (5) 3-bedroom/2- bathroom units and (1) 2-bedroom/2-bathroom unit. Each unit offers ample space, along with in-unit laundry facilities, separate hot water heaters, central heating, and elegant hardwood flooring. Moreover, dedicated parking spaces are available for every unit. This property represents an exceptional investment opportunity, especially considering its close proximity to the forthcoming Obama Library, South Shore Golf Course, Lake Shore Drive, Metra train line, and a mere 15-minute drive to downtown. Priced at a 9.1% cap rate. Offering Memorandum available upon request. ** All images have been virtually staged to showcase the property's potential. **
RAW OPEN SQUARE FOOTAGE! READY FOR YOUR BUILD OUT! This 2-unit building is accompanied with two adjacent lots (2 separate pins). Being Sold As-Is! Some serious plumbing improvements have been made for its original purpose for a restaurant! But could make an excellent office/medical, warehouse whatever your dream purpose are! Comes with 2 parking lots on either side of building! Drive by first or schedule for private showing! Permit rendering included on mls. Owner has verbal approval for a liquor license for the property call me for details.
Mayfair/Albany Park neighborhoods, unique opportunity for owner user to work and live space. 2-Story mixed-use building featuring street level large office space with 2nd level nice 2-bedrooms, 1-bath apartment unit. Approximately, 3,500 Sq. ft. rear warehouse space with an alley 3-Overhead car garage access into the warehouse. Newer roof and mechanicals, currently leased till January 31, 2025, for $3,500.00 (for the whole building). Heavily traveled and traffic area combining residential, business, shops, and professional dense corridors. Couple blocks to major roads, interstate I-90-I94. Minutes to Chicago downtown and within short distance to O'haire Airport.
Currently used as a wood shop. 1750sf under 18' ceiling , skylight , and 14' overhead door. 1600sf under 14' ceiling. 600sf office area. 400sf upper level with kitchen and full bath. 24 hour notice. PROPERTY IS BEING SOLD AS IS.
Excellent Building waiting for your Business to open!!!!! The first floor can be your business with several private offices. It was a Chiropractic Business prior. Also rent the second floor 3 bedroom apartment for extra income!!!!!! Two car Brick Garage in Rear......New Plumbing and electrical!!!
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.
Fantastic investment opportunity awaits in the rapidly developing Englewood area! This property boasts a brick 4-unit building along with a charming 2- unit frame coach house, providing a total of 6 units ready for renovation. While the units inside may need some tender loving care (TLC), this property is overflowing with potential for savvy investors. Currently, the rents are below market value, offering the perfect chance for the new buyer to make the necessary improvements and transform it into a highly profitable cash-flowing asset. One of the standout features of this property is its convenient location, situated in close proximity to parks and excellent public transportation options. The neighborhood's ongoing development and growth ensure a promising future for this investment. However, it's important to note that due to the coach units on the property, securing a commercial loan would be the ideal financing option for the acquisition. Don't miss out on the chance to capitalize on this lucrative opportunity! With a strategic vision and the right approach, this property can quickly turn into a gem of an investment in Englewood's thriving real estate market. Act now to seize this rare find and unlock its full potential for long-term success.
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
4119 S. Ellis is a 23-unit building located on a quiet, tree-lined street amongst a variety of single-family townhomes. Situated in a premier location in Chicago's historic North Kenwood neighborhood, the asset is ideally located just blocks away from Lake Michigan, Williams-Davis Park, providing easy access to S.Lake Shore Dr. and Chicago's downtown. 4119 S. Ellis boasts an incredibly desirable unit mix, comprised of four (4) 2BD/1BA, six (6) 3BD/1BA, five (5) 3BD/2BA, and eight (8) 4BD/2BA units. All of which are incredibly spacious and have gone through varying degrees of updates both cosmetically and mechanically. 4119 S. Ellis 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 of 7.07%. Additionally, an investor has the option to assume the existing debt (terms below) through Fannie Mae. 4119 S. Ellis: - $2,196,000 - 4.30% Rate - 6 Years Remaining
Presenting an exceptional income-generating mixed-use multi-family property situated in the sought-after Back of the Yards neighborhood. Comprising two spacious 2-bedroom apartments, an large unfinished attic, and a generously sized open storefront, this property offers diverse revenue streams. Additionally, a full basement with high ceilings currently serves as a workshop for the commercial space tenants. The storefront is presently leased on a month-to-month basis to a neighboring school, utilized for enriching art classes. Enhancing its appeal, the property includes a two-car brick garage. Ideal for investment purposes, this property accommodates various strategies, whether as an owner-occupied residence with rental income, or full tenancy across all units. Contact your local agent to arrange showings. Tenants are responsible for all utilities, and the property is sold as-is. Notably, the adjacent vacant lot, owned by 'The City of Chicago,' presents a compelling opportunity for potential expansion, enriching the value proposition of this exceptional investment.
Very well maintained 6 unit property offers and Incredible Investment opportunity. Property consists of a Brick 4 unit with full basement on the front of the lot and a Brick 2 unit on the rear of the lot. All units have individual gas and electric meters and pay their own utilities! Front building consists of a 3 Bedroom on the 1st floor...a 2 bedroom (2nd rear) and a 1 bedroom (2nd front) plus a 4 bedroom 3rd floor. All units have GFA furnaces. Many upgrades including Kitchens/Baths/Flooring. Coin-op washer and Dryer in basement Laundry Room is used by all 6 units. Rear building consists of 2 units both 3 bedrooms with hardwood flooring on 2nd floor an individual GFA furnaces. Rear property also has updated Kitchens and Baths! Also, a large walk up attic. Ceiling fans throughout all 6 units. All appliances (2016 or newer) owned by Seller. 4 furnaces installed after 2016. Great location...walk to Pink Line! Near Millennium Park,Chinatown, Lakefront, Museum Campus, UIC and so much more the city has to offer. Current gross rental income $70,620...potential to add value as rents are currently under market. Notice required to show...fully occupied. Well managed building!
Welcome to Jackson Park, the finest area in South Shore, where an exceptional opportunity awaits you. This 6-unit building boasts a desirable layout, with each unit featuring 2 spacious bedrooms and 1 bathroom along with huge living rooms, dining rooms, and sunrooms. Individual utilities ensure convenience and flexibility for both tenants and landlords. Brand new duck work and back porch in 2022. 3 units has been renovated to perfection in 2018. Moreover, the highly anticipated Obama Library, currently under construction nearby, promises to further enhance the value of the area in the coming years. There exists a notable potential to enhance the property's value through the upward adjustment of current below-market lease rates to align with prevailing market-level lease rates during the time of renewal or execution of new leases.
Come check out this beauty brick property. This mix-use property located in the sought out neighborhood of back of the yards, conveniently located near by the Amazon warehouse, offers a 30+years of an established beauty salon business. The beauty salon is located on the first floor front of the building. This property offers 3 units on the second floor with 1 bedroom 1 bathroom each unit and 1 non-conforming living unit in the first floor located in the back of the beauty salon. Easy to show, come check it out and make your offers. Photos coming soon.
Come check this beautiful mix use property in the sought out neighborhood of back of the yards (New City). Conveniently located near the Amazon warehouse. The commercial space provides a long term tenant Metro PCS. The front store (metro pcs) provides a non-conforming unit on the second floor, with a 1 bedroom and 1 bathroom. The coach house in the back offers 2 units, with 2 bedrooms, 1 bathroom, kitchen and living room in each unit. Currently the coach house is owner occupied and it is very clean and well kept property. Easy to show. Come check it out and make your offers. Photos coming soon.
4220 S. Michigan is a 26-unit property located Chicago's historic Bronzeville neighborhood. The asset is ideally situated on a beautiful, tree-lined street just blocks away from Metcalfe Park, providing easy access I-90 and Chicago's downtown. 4220 S. Michigan is comprised of an incredibly desirable unit mix, consisting of one (1) studio, seven (7)2BD/1BA, and eighteen (18) 3BD/1BA units. All Units are incredibly spacious and have gone through updates both cosmetically and mechanically. Recent improvements to the building includes but are not limited to, newer roofs, renovated kitchens & bathrooms, in-unit HVAC, and copper plumbing. 4220 S. Michigan provides investors with the unique opportunity to obtain a stabilized, cash flowing asses in one of Chicago's most rapidly appreciating neighborhoods. From day one, an investor will realize an in-place cap rate over 6.05% and a cash return of just under 7%. Additionally, an investor has the option to assume the existing debt (terms below) through Freddie Mac. 4220 S Michigan Ave: - $2,464,000 - 3.67% Rate -2 Years Remaining
Looking to move your business or add another location? This is the ideal location for your service, manufacturing, or trucking business. Property is zoned M1-1 (light manufacturing/business park district). Located on a busy street with many other businesses. Priced to Move. Property needs complete rehab. Vacant & Easy to show. Short notice OK. Immediate possession at closing. Property being sold AS-IS, 100% Tax prorations, No survey provided - Special Warranty Deed conveyance. Please do your own due diligence prior to offer submission. Proof of funds required with all offers. If interested, please visit Cook County Land Bank website and submit an Initial Offer Application. Please be sure to check the Cook County Land Banks website for offer application deadlines.
Listings courtesy of MRED as distributed by MLS GRID
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