Chicago IL Real Estate & Commercial for Sale

GREAT INVESTMENT - Professionally managed 6-unit building with a 5-car garage. Rehabbed in 2017-18. New plumbing, new electric(400Amp), new water service, partial tuckpointing 2021, updated roof 2022. All 6 jumbo units are 3 bedrooms/2 baths with a washer& dryer and individual water heater. Rents can be higher but kept low for long-term tenants. All plans and inspections were passed and available for buyers. Unbeatable location minutes away from Obama Library, South Shore Beach, and Jackson Park Golf Course.

6557 S. Minerva is a rarely available ten (10) unit walkup located just outside of Hyde Park in Chicago's East Woodlawn neighborhood. The property is located just blocks from the prestigious University of Chicago and the construction site of the future Obama Presidential Library, 6557 S. Minerva is comprised of five (5) 2Bd/2Ba, four (4) 3Bd/2Ba, and one (1) 3Bd/3Ba units. During a complete gut rehab in 2004, all four (4) first floor units were duplexed down and the building was deconverted from twelve (12) to ten (10) units to create two (2) penthouse apartments by consolidating the third floor units in both tiers. All units feature incredibly spacious layouts with updated kitchens and baths. Throughout the years, the building has undergone extensive renovations consisting of, but not limited to: 100% copper plumbing, new electric service w/ in-unit breaker boxes, individual furnaces & hot water tanks, in-unit washer and dryers, and an abundance of cosmetic updates. 6557 S. Minerva presents an investor with the opportunity to acquire a rarely available and highly desirable building in one of Chicago's best neighborhoods. From day one, a new owner will benefit from an incredibly stable and long-term tenant base. However, with most of the building's current rents being substantially below current market levels-there is a tremendous amount of value to be added solely by stabilizing rents to levels already being achieved in the building.

6228 S. Greenwood is nestled amongst new construction developments and are located two (2) blocks away from the prestigious University of Chicago. Additionally, the asset sit just blocks away from the construction site of the future Obama Presidential Library. 6228 S. Greenwood, an eight (8) unit center entrance walk-up, is comprised of seven (7) 3Bd/1Ba units and one (1) 2Bd/1Ba unit. Units feature hardwood flooring, stainless steel appliances, updated cabinetry, and individual furnaces. 6228 S. Greenwood presents an investor with the rare opportunity to acquire a highly desirable building in one of Chicago's fastest growing and rapidly expanding neighborhoods. From day one, a new operator will realize a 7% cap rate. Given the rapidly changing rental market, an investor could further improve these figures. Solely by raising rents to levels already being achieved in the building, an investor could achieve a cap rate over 8% and cash return of 10.3%.

6213 S. Greenwood Ave is nestled amongst new construction developments and is located two (2) blocks away from the prestigious University of Chicago. Additionally, the asset sit just blocks away from the construction site of the future Obama Presidential Library. 6213 S. Greenwood, a center entrance six (6) flat, is comprised solely of six (6) extremely spacious 4Bd/1Ba units. All of which, however, have been renovated in the last two years with quartz countertops, LVP flooring, stainless steel appliances, & modern cabinetry. 6213 S. Greenwood presents an investor with the rare opportunity to acquire a highly desirable building in one of Chicago's fastest growing and rapidly expanding neighborhoods. From day one, a new operator will realize a 7% cap rate. Given the rapidly changing rental market, an investor could further improve these figures. Solely by raising rents to levels already being achieved in the building, an investor could achieve a cap rate over 8% and a cash return of just under 12%.

Located in prime East Woodlawn location, rarely available 8-unit MF building! Garden units are 2bed/ 2bath units with in-unit w/d, all units above grade are 3bed/ 2bath units also with in-unit w/d. Building gut renovated in 2016. All units feature hardwood floors, stainless steel appliances, updated electrical and mechanical packages. Roof and windows replaced with renovation. Opportunity to raise rents an additional $300-400/ mo without significant renovation as leases turn. Building has an assumable loan with a $1.1M principal balance and 5% rate. Loan has 57 months left to maturity (11/2028 maturity). Monthly P&I is roughly $5,800

Excellent Woodlawn Location * Attractive Unit Mix: 12 2bed/1bath & 4 3bed/1bath * Condo-quality Finishes * Newer boiler * Stainless steel and granite in kitchens* Entire building gut-rehabbed in 2022.

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!

6605 S. Kimbark is a gut renovated eight (8) unit, center-entrance walkup located just outside Hyde Park in Chicago's East Woodlawn neighborhood. The property is nestled amongst new construction developments on all sides and is located just blocks from the prestigious University of Chicago. Additionally, the asset sits just blocks away from the construction site of the future Obama Presidential Library, 6605 S. Kimbark has an incredibly desirable unit mix comprised of eight (8) 2Bd/2Ba units. All of which have been gut renovated with high end finishes including granite countertops, stainless steel appliances, dishwashers, in-unit laundry, and modern bathrooms. In addition to its cosmetic finishes, the building also features individual furnaces & hot water tanks, updated electric, and a brand new porch (2021). 6605 S. Kimbark offers an investor the rare opportunity to acquire a cash flowing asset in one of Chicago's fastest growing and rapidly expanding neighborhoods. From day one, an investor will realize an in place cap rate over 8% and a cash return of 9.35%. While the area continues to develop and rents continue to rise, through releasing and increasing rents to updated market levels, an investor could further improve cash returns.

5720 S. Michigan is a recently gut renovated six (6) unit building located in the Washington Park neighborhood of Chicago's South Side. Sitting just blocks from Washington Park and bordering the prestigious Hyde Park community, the asset also sits just four (4) blocks away from the CTA Green Line 'El Station,' providing tenants easy, affordable, and quick transportation to and from Chicago's Downtown. 5720 S. Michigan is has an incredibly desirable unit mix comprised of five (5) 3Bd/1Ba units and one (1) 2Bd/1Ba unit. All of which, however, feature hardwood floors, new kitchens with stainless steel appliances and granite countertops, modern bathrooms with ceramic tile, and an abundance of natural light. Additionally, the building underwent a complete gut renovation in 2020, including, but not limited to, new electric service & wiring, copper plumbing, new porches, and individual HVAC units. 5720 S. Michigan provides an incredibly rare opportunity for an investor to acquire a true turn key investment in one of Chicago's most appreciating neighborhoods just outside of Hyde Park. From day one, a new investor will capitalize on an incredibly strong tenant base with an in place cap rate exceeding 7% with an abundance of value add opportunities. Solely by stabilizing the rent roll to what is currently being achieved in the building, there is an opportunity to further increase .

We're please to present this rare opportunity to acquire this 160,000+ sqft Industrial Building previously used as a substation for a large electricity provider. Serious and qualified buyers ONLY. If interested, please visit Cook County Land Bank website and submit an Initial Offer Application. Property being sold AS-IS, 100% Tax prorations. Please do your own due diligence prior to offer submission. Proof of funds required with all offer applications.

1444 E. 67th Pl is a recently updated six (6) unit walk-up located on a quiet, tree lined street just outside of Jackson Park. The subject site sits just blocks away from South Shore's Stony Island train stop, the Jackson Park Golf Course, and steps from the developing Obama Presidential Library. Conveniently, the building is situated amongst an assortment of shopping and grocery selections. 1444 E. 67th Pl. is entirely composed of six (6) 3bd/1ba units, all of which are spacious and contain an abundance of natural light, as well as front balconies providing the tenants with an additional desirable feature. Currently, four (4) of the units have recently been updated with refinished floors, granite countertops, new appliances, along with modern and updated bathrooms. The last two (2) apartments are currently occupied by long term tenants who have called the building home for 15+ years. Furthermore, the building includes five (5) garage spots in the rear. Current ownership is not presently capitalizing on the garage, but similar enclosed garage spots are renting for $100/spot per month. 1444 E. 67th Pl. presents a unique opportunity to acquire a positive, cash-flowing asset in one of Chicago's most rapidly growing neighborhoods. From day one, an investor will realize an in-place cap rate of 9.09%. However, by updating the remaining two (2) units, stabilizing rents to market rate levels, and monetizing the available parking, an investor could achieve a cap rate of over 12%.

Proud to present 423 E. 63rd St., Chicago, IL 60637. Located in the West Woodlawn Neighborhood: Situated in one of Chicago's emerging neighborhoods, the property is strategically located in West Woodlawn. This area has been experiencing a revitalization, making it an attractive location for both residents and businesses. Property Features: Spacious Retail Space: With 5,000 square feet of retail space, the property offers ample room for various business concepts and layouts. Established History: The property has a historical connection as the former location of Rothschild Liquors, adding a sense of tradition and recognition to the site. Proximity to Amenities: Conveniently located near essential amenities, public transportation, and community services, making it easily accessible for both customers and employees. Value-Add Opportunity: The property presents a significant value-add opportunity for investors looking to reposition and rebrand the retail space. With the changing dynamics of the neighborhood, there is potential for increased foot traffic and customer engagement. Adaptive Reuse Potential: Given the versatile nature of the space, there is potential for adaptive reuse, accommodating various retail concepts, restaurants, or service-oriented businesses that align with the evolving needs of the community. Community Growth: West Woodlawn is experiencing positive growth, attracting new residents and businesses. Investing in this property aligns with the trend of urban renewal and the potential for increased property values over time. Strategic Location: The property's location on 63rd St positions it as a focal point for local commerce, providing an opportunity for businesses to become a central part of the community and capitalize on the neighborhood's growth. Diverse Consumer Base: The West Woodlawn neighborhood is known for its diverse demographics, offering a broad customer base for businesses looking to cater to a varied audience.

This site is located in a Federal Opportunity Zone, It is 1/4 block from the 63rd & King Drive "EL" stop. There are several options for this location 1) Reuse this +/- 2,376 SF former fast food building with Drive-thru and +/- 40 car parking OR 2) this can be a 27,776 SF (124 x 224) Development site. The property has multiple tax benefits! In addition to the Opportunity Zone it is in a Federal Enterprise Zone and a City of Chicago TIF District. If developed there are anticipated tax credits as a Transit Oriented Development site. It is currently zoned B3-3. The property is vacant and has emptied of all restaurant equipment. This will be an "AS IS" sale.

6116 S. King is a newly renovated and pristinely updated fifty-two (52) unit courtyard building located in the Washington Park neighborhood of Chicago's South Side. The asset sits just one (1) block from Washington Park and the 2025 Sunshine Community Center development, and just two (2) blocks away from the CTA Green Line 'El Station,' providing tenants easy, affordable, and quick transportation to and from Chicago's Downtown. 6116 S. King has an incredibly desirable unit mix which is currently comprised of one, two, and three bedroom apartment units. Currently, the building consists of thirty-two (32) 1b/1ba units, fifteen (15) 2b/1ba units, and five (5) incredibly spacious 3b/1ba units - almost 80% of which have been fully renovated in the last 18-24 months to include updated flooring, appliances, kitchens, and baths. Over the past few years, the building has been extensively renovated. Recent capital expenditures include, but are not limited to: a renovated exterior porch system (2023), a new roof (2021), a new central boiler heating system (2020), new hot water heater tanks (2020), significant plumbing updates (2020), lintels (2016), along with an abundance of tuckpointing (2022). 6116 S. King provides the opportunity for an investor to acquire a fifty-two (52) unit property in one of Chicago's most appreciating neighborhoods. From day one, a new investor will capitalize on an incredibly strong tenant base with an in place cap rate of 9% and an abundance of value add opportunities. Solely by moving all rents to levels currently being achieved in the building, there is an opportunity to attain a cap rate of over 11%. Additionally, an investor has the option to assume the awesome existing debt (terms below) through Freddie Mac. ASSUMABLE FINANCING: Buyer has the option to assume the current loan, approximate terms are: - $3,107,447 - 4.11% Rate - 4 Years Remaining

Excellent investment opportunity and such a Wonderful location!!! 7 Storefronts on the main floor with 1 vacant storefront for your business. Also, 2 spacious 2,000 sq ft apartments upstairs (4 bedrooms, 2 baths each). Great Income from long term Tenants! Currently bringing in over 100k a year. Conveniently located near public transportation, Washington Park, Barack Obama Presidential Center, University of Illinois, Museums, Beaches, Lakeshore Drive, Metra, and so much more. Ready for the Savy Investor!

Proud to present 5651-5659 S. Michigan Ave. Heavy value-add 18 unit multifamily in the opportunity and enterprise zone in Washington Park! The property is located in Chicago's Washington Park, with quick and easy access to major transportation routes on E 55th Street, I-90, and I-94 Expressway. This property consists of (1) four bedroom, two-bath units, (1) two bedroom, two-bath units, and (16) one bedroom, one-bath units. Target, Walmart Neighborhood Market, Whole Foods Market, Dollar Tree, Trader Joe's, Walgreens, Ulta Beauty, DTLR, CVS, T-Mobile, and Ross Dress for Less are all within four miles of this property. Starbucks, McDonald's, Burger King, Wingstop, Pizza Hut, Subway, Dunkin', Popeyes Louisiana Kitchen, Taco Bell, Checkers, KFC, Wendy's, Jimmy John's, Church's Chicken, and White Castle are all located in the bustling area. Residents and visitors to the neighborhood can enjoy Washington Park, a 366-acre park that features a pool, three playgrounds, numerous baseball and softball fields, cricket fields, a football/soccer combo field, and Bynum Island.

Vintage 1920's 8 unit apartment building in the South Side's emerging Woodlawn quadrant. All units have generous room sizes, nine foot ceilings, oroginal restored hardwood floors. All eight units have separate gfa furnaces and hot water tanks. The apartment mix consists of A: 5, 4 bedroom, 1 bath units, B. 1, 3 bedroom, 1 bath unit; C. 1 1 bedroom, 1 bath unit; D. 1 studio unit. All units are leased. Cap rate on property is 8.7 Note the spacious lot dimensions. Property has a large gated rear yard for tenant enjoyment . some parking off the alley

We Can't Wait For You To See This Woodlawn Gem! This 8 Unit Muti-family Is Just Minutes From The New Obama Center, 20 Minutes From Downtown Chicago And Is A Great Income Property With Tremendous Value. All Units Are 2Bed 1bath, Have Hardwood Floors And Stainless Steel Appliances. Four Units Have Separate Living And Dining Rooms. With Coils Set Up For Central A/C, Separate Furnaces And Hot Water Tanks This Is An Investors Dream. With 6 units Available For Immediate Occupancy And Stable Tenants In The Others, Don't Miss This Great Investment Opportunity...Schedule Your Showing Today!

Three store fronts, corner store currently vacant, middle space leased to a tax preparation service, and southern most store leased as a restaurant.