Don't miss this investment opportunity in the iconic and historic Garland building. This is a great 1031 exchange opportunity. The portfolio consists of 2 units that are diversified under 2 separate leases/tenants. This is an armchair investment with maintenance taken care of by the HOA and by the tenants. The portfolio is positioned to trade at a 6.73% cap rate at the list price. With predetermined rent escalations built into the leases the return will increase over time. The tenants are well established medical businesses with significant lease term remaining. One of the tenants is a credit tenant with a lease in place until 2034 and options to extend. This is a premier location in the heart of Chicago's Loop. Close to everything including Michigan Avenue, restaurants, retail, Millenium Park and the lakefront. There is valet parking available for a fee. Call for a copy of the rent roll. See MLS #11955198 for Units 810, 2102, 2103 or MLS #11954596 for Units 810, 2102, 2103, 1114 and 1116 combined.
Don't miss this 100% leased investment opportunity in the iconic and historic Garland building. This is a great 1031 exchange opportunity. The portfolio consists of 3 units that are diversified under 2 separate leases/tenants. This is an armchair investment with maintenance taken care of by the HOA and by the tenants. The portfolio is positioned to trade at a 6.72% cap rate at the list price. With predetermined rent escalations built into the leases the return will increase over time. The tenants are well established dentistry professionals with significant lease term remaining. One of the tenants has a lease in place until 2033 and the other is in place until 2028. Both leases feature options to extend. This is a premier location in the heart of Chicago's Loop. Close to everything including Michigan Avenue, restaurants, retail, Millenium Park and the lakefront. There is valet parking available for a fee. Call for a copy of the rent roll. See MLS #11955091 for Units 1114-1116 or MLS #11954596 for Units 810, 2102, 2103, 1114 and 1116 combined.
Great opportunity to run a Bakery. Fully equiped, small store front, security system with cameras rental income 2500, second floor apartment is rented 1600, bakery is for lease also. Cal LA for appointments. Short notice for store, 24 hrs for apt.
Welcome to WOODLAWN! This lucrative 8-unit building in Chicago's highly desirable Woodlawn neighborhood is just what you have been waiting for! 7 units features 2 bedrooms, 1 bathroom, and an additional versatile space suitable for an office or bedroom. The 8th unit is a studio. Seize the opportunity with two vacant units, offering potential for immediate occupancy or customization for an instant increase in CASHFLOW. This property combines modern comfort with investment potential in a vibrant community. This property is a no brainer investment. Schedule your showing today!
Prime OLD TOWN location just off Division St. This commercial condo retail space, currently operating as a nail salon, is ideal for a new salon owner or transforming into a new business. Located in a high-density, high-traffic area, with the Red Line train stop just one block east, this is the perfect spot for a small business. Please respect the privacy of our tenants.
NOW LEASING BOTH SUITES TOGETHER OR INDIVIDUALLY. BOTH SUITES ARE UPDATED AND READY FOR YOU TO OPERATE YOUR BUSINESS. SUITE A - 250 SQ FT ($275 PER WEEK/$1,100 MONTHLY). SUITE B - 150 SQ FT ($225 PER WEEK/$900 MONTHLY). AGENT OWNED PROPERTY. YOUR CLIENTS WILL BE IMPRESSED WHEN THEY VISIT AS THE BUILDING IS WELL-MAINTAINED AND SECURE WITH INTERCOM SYSTEM THAT LET'S YOU BUZZ THEM IN. BE AMONG THE LAWYERS, ACCOUNTANTS, DENTISTS AND OTHER PROFESSIONALS WHO HAVE ALSO INVESTED IN THEIR OWN OFFICES IN THE BUILDING. THE LOCATION IS AN ADDED BENEFIT WITH PLENTY OF PARKING. THE OFFICE IS READY TO BE PASSED ON TO THE NEXT SAVVY ENTREPRENEUR!
The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this industrial/warehouse building opportunity. The subject property is located at 1335 West 47th Str., Chicago, IL 60609 (the "Property"). This is an urban industrial building located in Chicago's South Side dense "Back of the Yards" neighborhood. It features a three-story masonry-constructed building, 42,823 SF GLA including basement, and 14,474 SF or 0.33 AC site, a 10-foot clear ceiling, a flat-rubber roof, fixed insulated glass windows in aluminum frames and glass block, loading dock with two bays and masonry construction throughout all three floors and basement, and a single common freight elevator that feeds all four levels of the building. The subject property is zoned C3-3 (Commercial, Manufacturing, and Employment district). The building's first floor includes a small 600 SF office buildout. The remainder of the first floor has a relatively higher-end finish and is considered to be in good condition for industrial property. The basement unit is connected to all other floors via the common freight elevator and would have the same finish and utility to a typical occupant as the second and third floors. The basement, second, and third floors are in more or less average condition for this type of industrial property and are currently under-utilized as additional storage space for ownership. Easy access to I-90/I-94 and I-55 expressways, public transportation, the Loop, and Midway International Airport. The subject property is situated in a mixed commercial and residential city setting. Excellent opportunity for a user, investor, or developer.
The subject property is located at 4841-4851 North Western Ave., Chicago, IL 60625 (the "Property"). This is an urban mixed-use (retail/residential) building located in Chicago's dense and affluent Lincoln Square neighborhood. The subject property is zoned B3-1 and situated in a mixed commercial and residential city setting. It features a vacant two-story building, 16,135 SF GLA (above grade), plus 8,000 SF basement of which 6,848 SF is finished and utilized as additional showroom space, and 13,348 SF or (0.31 AC) rectangular-shaped site. Preliminary plans for a 5-story mixed-use containing both retail and residential units available on request. The latest neighborhood investments: such as new construction, condos, rentals, restaurants, nightlife, and supermarkets have steadily brought in new homeowners and tenants to this thrilling neighborhood of Chicago. The subject property presents the unique opportunity to acquire a stand-alone building in the Lincon Square district.
Building in great condition, new roof, some windows, patio etc, Business, full feature Restaurant is being sold intact with equipment,hardware,supplies,Inventory. Building has a 3 bedroom big apartment on second floor waiting for new owner to move in and run his business. High dry basement! Huge Blick 4 car garage w/high ceiling! Pride of owner ship shows everywhere
HUGE. Amazing Investment! Listing comprises of salon and corner building. Ample parking in rear and loading area. Recent updates to roof and tuckpointing and windows. APPROX. 10,328S/F OF PRIME COMMERCIAL BUILDING AVAILABLE. PRIME LOCATION FOR ANY KIND OF OFFICE: MEDICAL, LAW, REALE-STATE OR BRING YOUR IDEAS. THIS COULD ALSO BE A PRIME LOCATION FOR A DEVELOPER TO REDEVELOP THIS PRIME OVERSIZED LOT. AMAZING OPPORTUNITY FOR NEW OWNER.
No monthly assessment commercial condo. Absolutely incredible new construction, zoned C1-2 on busy California Ave. Huge 2500 sq ft unique split level gives endless possibilities for variety of businesses or live and work arrangement. There is enormous 20X52 main level with hardwood floors, lots of built ins, half bath and sophisticated light fixtures. Few steps up you find 24X24 fully equipped kitchen with huge island, upscale appliances, full bath and balcony. 24X17 lower level could be used for all kind of purposes. It is truly a unique property!
Large corner 8 units Multi-Family building on double lot 69 x 120 located in Belmont Cragin. Sold in PACKAGE with ADJACENT VACANT LOT in the rear of the building (included on Plat of Survey seen in Add'l Info) as potential for a CONDO CONVERSION w/PARKING LOT. All Eight vintage style apartments are above the ground 1st and 2nd floor Two Bedroom/One Bath, and with Living Rm and formal Dining Rm. Recent improvements: New Roof (rubber roof put in 2018). Back porch (2020). Tuckpointing (past 5-6 years). Windows (2005). Separate Individual Furnaces (tenants pay for their own heating bill) in all 8 apartments And separate hot water tanks with each unit (as seen on photos). ***Tenants pay for their: heating, gas and electric bills *** Nice Hardwood floors throughout. Full Basement w/ coin laundry, tenants storages and 9 electric and 9 gas meters (as seen on photos)*** Perfect condo conversion potential along with oversized adjacent vacant lot *** RENT ROLL in Add'l Info.
New Price - Ready to Sell! 10.2 CAP Investment. Come check out this CASH COW retail center on a very busy 103rd St in East Beverly, one of Chicago's best neighborhoods! Consisting of three retail storefronts; a restaurant, a dry cleaner and a food mart, this building presents a lucrative opportunity to own a cash flowing investment with long term leases in place. All units currently occupied with leases in place with the earliest coming due in 2025. All leases have built in rental increases and option periods to extend past the original lease dates. Tenants pay for all utilities (gas, electric and water) and interior unit maintenance. Schedule a showing today!
Beautifully maintained vintage 7-unit building on a nice tree lined street. All the charming details are there - excellent woodwork, nice fireplaces, and stained glass. The units are spacious with separate dining rooms and generous living rooms. The 8100 block is a pleasant mix of single family homes and small apartment buildings. The building is in good shape, with a new boiler in the basement. 8th unit possible on the north side of the garden level. Lots of long term tenants. Broker Owned. As is 8.6% Cap Rate, Pro Forma 12.6%.
Excellent opportunity to acquire this brand new commercial condo in booming Wicker Park. This stretch of Western Avenue is seeing a huge uptick in activity with several new projects recently completed. This mixed use condo building offers almost 2,200 square feet of stunning retail / office space with a vanilla box finish to customize to your own business. Tall ceilings and full height windows allow for great exposure.
NEW CONSTRUCTION FIRST FLOOR COMMERCIAL/RETAIL STOREFRONT IN THE LINCOLN AVE CORRIDOR (LAKEVIEW). THIS COMMERCIAL CONDO IS APPROX 800 SF WITH AN OPEN LAYOUT, 12' CEILING HEIGHT AND FLOOR TO CEILING WINDOWS. WILL BE DELIVERED AS A VANILLA BOX WITH WORKING BATH. HIGH TRAFFIC AREA WITH EXCELLENT STREET PARKING. LUXURY RESIDENTIAL CONDOS ABOVE THE UNIT.
Built-out ready, newly remodeled turn-key Office condo available in west loop close to Fulton Market, 9+ feet ceiling, with LED light tracks in all rooms, two private office rooms, one meeting room, front desk and waiting area, one shared bathroom with (2/3 ownership), independent central heating/cooling system, water/internet/basic cable covered in assessment fee, parking spaces can be leased from the building, around $200 each, no waiting list. Brand new waterproof laminating flooring throughout the space. High ceiling. Large windows surrounding, bringing natural lights. The building facilitates exercise room and party room. Front desk security service and package receiving room service. The main entrance of the office is from 325 N Des Plaines St, the other entrance is from the building of 330 N Jefferson St. Across street is Jewel-Osco, Chase bank, two blocks away from Subway station (Clinton pink/green line), Ogilvie train station. The building association fee covers water/cable/internet/exercise room/storage room (extremely low $287 per month).
*Owner financing available @ 4.5% fixed for 5 years* Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Established tenants already in place with options to renew in 2025. Gross rental income of $6,200/ month with both spaces built out in 2019-2020 with updated flooring, bathrooms, paint, etc. The building also had a new full tear-off roof installed in 2021. Management company already in place if new owner wishes to continue. There are also two deeded garage parking spaces that can be purchased with the space for an additional $25,000 each. Offered with a current CAP rate of 6.46%. Leases also have 3% rent escalations. Ideally situated just 1 mile west of Wrigley field and a six minute walk to Addison brown line. Please do not disturb or make any inquiries from current tenants. All inquiries should be made only to the listing broker
Unique setup, 2 commercials spaces with 2 PIN numbers, 2 separate entrances. Completely separate with the easy option to combine if wanted! 1818 is 1000sf rented to long term Yoga studio with lease until middle 2024. Can extend lease for income or occupy entire 2200sf for your business. 1818A is occupied and tenant can stay or vacate. 2 bathrooms, kitchen, conference room, working area for cubes or desks and 2 separate offices. This is a great opportunity for the right business owner or investor. Short notice Ok!
Unique setup, 2 commercials spaces with 2 PIN numbers, 2 separate entrances. Completely separate with the easy option to combine if wanted! 1818 is 1000sf rented to long term Yoga studio with lease until middle 2024. Can extend lease for income or occupy entire 2200sf for your business. 1818A is occupied and tenant can stay or vacate. 2 bathrooms, kitchen, conference room, working area for cubes or desks and 2 separate offices. This is a great opportunity for the right business owner or investor. Short notice Ok!
This is that armchair investment property you've been looking for! Almost everything has been done so you can sit back and collect rent. Solid brick 12 flat on a corner lot. Eleven large 2 Bed/1 and Bath units and one 1 Bed/1 Bath all rehabbed. All units have their own HVAC. Building in great condition w/ newer roof & windows. Extremely well maintained. Fully rented building with good tenants brings in over $13K per month! Walking distance to the 79th Street Metra station.
This is an incredible opportunity to own a beautiful building in Chatham! Building is in near perfect condition and has gone through extensive rehab, very little to do but sit back and collect rents! 26 units in total (Current unit mix is Nineteen 2 Bed/1 Bath, Five 1 Bed/1 Bath, and 2 legal garden units). Fully rented building with good tenants brings in over $26K per month! Around 70% of the units are rehabbed to condo quality. Roof and building mechanicals less then 10 years old. Walking distance to the 79th Street Metra station. Don't miss out on this incredible investment opportunity!
Fantastic value in Homan Square! 6 apts + 1 Garden Unit. Five 3 Bedroom and Two 2 bedroom units. Remodeled in 2012- new electrical, plumbing, bathrooms, kitchen renovations, etc. Seller has appealed the property taxes and is waiting for review to have them lowered. Easy access to the city from I-290. Minutes from downtown.
Listings courtesy of MRED as distributed by MLS GRID
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