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Chicago IL Real Estate & Commercial for Sale

16 Properties Found

The median home value in Chicago, IL is $242,000. This is higher than the county median home value of $228,000. The national median home value is $231,815. The average price of homes sold in Chicago, IL is $242,000. Approximately 40% of Chicago homes are owned, compared to 48% rented, while 12% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Chicago real estate agent to arrange a tour today!
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1–16 of 16 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
7,000
Status:
Active
MLS#:
10742806
Type:
Other
Year built:
1916
A broker reciprocity listing Courtesy: Berkshire Hathaway HomeServices Chicago
View additional info

Located in the fast appreciating Jackson Park submarket of South Shore, located within walking distance of the Golf Course and within close proximity to the proposed Obama Library, the subject property is a eight unit building comprised of six above grade three bedroom units, and two (2) bedroom basement units. The property was completely renovated in 2015 including high efficiency furnaces and hot water tanks in each of the units, keeping building expenses low. Property has an eight camera security system, as well as two sets of coin operated washer and dryers. Property is professionally managed and has a desirable mix of both market rate and subsided tenants. Current cap rate at 87.5 percent occupancy is 8; pro-forma cap rate on the property when fully occupied is 9.6

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
10734184
Type:
Other
Year built:
1924
A broker reciprocity listing Courtesy: Keller Williams Preferred Rlty
View additional info

GREAT INVESTMENT! Solid 6 flat in the South Shore Neighborhood; with all units fully occupied-- STEADY CASH FLOW!!! This updated 6-unit building has a newer roof, newer electric, newer plumbing and a New (2019) erected enclosed porch! There are 1- and 2-bedroom apartments-all units are fully occupied. Each unit has a spacious floor plan with beautiful hardwood floors, lots of natural lighting, modern fixtures and finishes throughout! Kitchens have granite countertops, newer cherry cabinets and SS appliances. There's great closet space in the 2 bedrooms units and all baths are updated with beautiful tile that invites a relaxing vibe. All units have central air, separate heat and electric. Garden unit ready to be converted. Located near museums, downtown Chicago, and the lakefront. Don't miss out on this opportunity-Schedule your private tour today!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
10727377
Type:
Other
Lot size:
0.1 Acres
Year built:
1966
A broker reciprocity listing Courtesy: Second City Real Estate
View additional info

For sale is a value add opportunity in the dynamic South Shore neighborhood. This solid 12 unit flexicore style building is well maintained, and the current owner has kept the units in good condition. Each of the 12 apartments is set up with separate heat and electric, so the expenses are lower than usual for this style of apartment building. No common area hallways, corridors or basement further reduces maintenance and utility expenses. Very easy and low maintenance building. Up to 6 private parking spaces at rear of the property and a common area laundry room out back for tenant use. All 1 bed modern apartments with newer plumbing and electric and open plan kitchens. With low rents and long term tenants in place currently, a new owner has the opportunity to push rents to market with minimal rehab work. Owner is a licensed realtor in the state of Illinois. Listing agent is not the owner. Great South Shore location by the lake with plenty of upside. Lots of investor activity in the area. Close proximity to new site of Obama library. Lake front access, Park access, South Shore Golf Club all in the immediate area. Excellent public transport links. Bus outside the property on 79th St, 1 block to Metra station for train to downtown and 1 block to LSD for fast easy commute to the City.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
10718617
Type:
Other
Year built:
1926
A broker reciprocity listing Courtesy: RE/MAX Premier
View additional info

About this Opportunity: Located in South Shore, this is an amazing 6-unit investment property w/ a 6-car garage! The building is comprised of four 3BD/1BA units & two 2BD/1BA units with all units currently rented. Be sure to check out the two 360-virtual tours: one of the 2nd floor units as well as the basement of the building! Individual furnaces are in place for every unit along w/ piping lines for laundry machines in the basement. Other features incl an iron fence around the property perimeter, hardwood floors in most units + HUGE windows throughout. Current tenants pay utilities excluding water (units can be individually metered). The garage roof was painted Summer 2019 + carpet replacement & window cap repairs. Sold As-Is. Building's Mechanicals and Roof are 5 years old. Mins from Jackson Park golf course & future Obama Campus; close to CTA, Starbuck's & the lake. RE Covid-19 We're here to stay with the will to carry on!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
10698136
Type:
Other
Year built:
1913
A broker reciprocity listing Courtesy: Second City Real Estate
View additional info

South Shore cash cow for sale! Looking for an armchair investment with some upside included? This six unit apartment building presents the new owner with the opportunity to acquire an in place cap rate of 9.6 with pro forma numbers topping a 12 cap. The building has six 2 bed/1 bath apartments, and is currently 100% occupied. The building was fully rehabbed in 2016 and all units have updated kitchens and baths. Tenants pay the heat in this building as all six apartments have separate gas forced air as well. The property is located walking distance to Lake Michigan, near the Jeffery Plaza Shopping Center and near all the best public transit hubs. With the fantastic location in the South Shore neighborhood, plenty of upside on the rents and stable income history, this six unit is a once in a lifetime opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
2,208
Status:
Active
MLS#:
10643447
Type:
Other
Year built:
1966
A broker reciprocity listing Courtesy: Ani Real Estate
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Everyone is looking for this opportunity so do not delay! This free standing store surrounded by its own parking lot of 20-25 parking spaces is perfect for a host of businesses. Centrally located on a City of Chicago Eligible Commercial Corridor, it is eligible for Neighborhood Opportunity Fund assistance (free money) for a plethora of improvements. Speaking of improvements the owners have done a remarkable job maintaining and renovating the building. New 4 way multipoise gas furnace (2018). New walk in US Cooler Refrigerator (2018). New Roof/Soffit Fascia (2018). Replaced 7 plate glass windows (2018). New windows and door shutters (2018). New electric furnace line and exterior lights (2018). New copper pipes, grease trap, slop sink, sump pump and hot water tank (2019). Cleaned sewer line, clogged pipes and repaired floor drain pipe and floor pipe drain (2019). Do I really need to go on? No better deal here for miles. 2019 E 75th, 2021 E 75th and 2025 E 75th sold as a package. Contact us today for a showing!

Beds:
n/a
Baths:
Sq.Ft.:
8,200
Status:
Active
MLS#:
10629838
Type:
Industrial
Lot size:
0.27 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Hawk Realty Group
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Hawk Realty Group is pleased to offer 7700 S Stony Island Ave for Sale or Lease. Property is a single story industrial building containing a total of 8,200 SF inclusive of a 600 sf office, 12 to 14 ft ceilings and 2 drive in doors. Former auto repair shop. Space is ideal for a auto related business such as a repair facility or car wash. Located in an Opportunity Zone.

Beds:
n/a
Baths:
Sq.Ft.:
5,058
Status:
Active
MLS#:
10614411
Type:
Mixed Use
Year built:
1920
A broker reciprocity listing Courtesy: Straight-A Realty, LLC
View additional info

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!

Beds:
n/a
Baths:
Sq.Ft.:
9,150
Status:
Active
MLS#:
10588207
Type:
Other
Lot size:
0.15 Acres
Year built:
1918
A broker reciprocity listing Courtesy: Ware Realty Group, LLC
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This six-unit in South Shore is ready for a new owner! The property is very well maintained and has beautiful vintage and modern features. There are a couple vacancies in the building which gives you the opportunity to pick the perfect unit for yourself. You could be living rent-free while adding/beginning your real estate portfolio just in time for spring. Make an appointment today!

Beds:
n/a
Baths:
Sq.Ft.:
19,100
Status:
Active
MLS#:
10569588
Type:
Mixed Use
Year built:
1923
A broker reciprocity listing Courtesy: Atlas Asset Management Realty LLC
View additional info

34-unit mixed-use property in Chicago's South Shore neighborhood. The Subject property is a three-story, masonry, corner building that is four blocks away the South Shore Cultural Center, South Shore Golf Course and five blocks from the shores of Lake Michigan. There are 20 Studios and 7 1bed/1bath units. Ownership acquired the Property in July-2016. Since acquisition, ownership has fully renovated 13 of of the apartment units and continues to renovate units as tenant move-outs occur. Additionally, ownership is in the process of getting the second of two small (800-SF), vacant commercial spaces rent-ready. Lastly, much of the heavy-lifting was completed by the seller, including full tuck pointing, all new lintels throughout the building, along with a new roof and new rear porch systems. The property is 88% occupied. Currently, there are a total of four vacant units - two residential apartments and the two small commercial units. All apartment units feature hardwood floors, with tile in the kitchens and baths. Each apartment is separately heated by way of baseboard units. The building has a central hot water tank, located in the building basement area. There are several large, clean, dry basement areas that provide investors with a great opportunity to add value in the form of tenant amenities, such as storage units and laundry facilities. The rear of the property contains a loading/parking area as well as 6 individual garages.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
10525874
Type:
Other
Year built:
1916
A broker reciprocity listing Courtesy: Classic Realty Group, Inc.
View additional info

Looking for a church home. Stop here! This well maintained building has 2 offices, with separate men, women and Pastor's bathrooms with a spacious garden room and kitchen. Or you can redevelop to suit your needs. Also a great place for a daycare center or restaurant. Stop by and explore the possibilities. Property sold as is.

Beds:
n/a
Baths:
Sq.Ft.:
3,600
Status:
Active
MLS#:
10508296
Type:
Other
Year built:
1953
A broker reciprocity listing Courtesy: Coldwell Banker Residential
View additional info

3 Storefronts. 75 x 100. Tenants pay flat rent plus their own utilities. Owner pays water and taxes. Single story building surrounded by Mixed-use. 6-10 Parking spaces in rear. New construction proposed next door.

Beds:
n/a
Baths:
Sq.Ft.:
2,800
Status:
Active
MLS#:
10478032
Type:
Other
Lot size:
0.13 Acres
Year built:
1928
A broker reciprocity listing Courtesy: Classic Realty Group Prestige
View additional info

WOW, DROPPED PRICE ON THIS NICE BUILDING! 90% RESIDENTIAL TENANTS OCCUPIED, COMMERCIAL STORES NEEDS SOME WORK BUT IF YOU ARE WILLING TO DO SOME WORK YOU CAN BRING THIS BUILDING TO ITS FULL POTENTIAL. BIG LIVING ROOMS AND BEDROOMS. HARDWOOD FLOORING THROUGHOUT THE APARTMENTS. NEW DEVELOPMENTS COMING IN THE NEIGHBORHOOD. SELLER SAID LET US CLOSE THIS!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
10396648
Type:
Other
Lot size:
0.17 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Classic Realty Group
View additional info

NO DEFERRED MAINTENANCE! NEW BOILER AND HOT WATER TANK. TURNKEY RENOVATED IN 2017-18 13 UNIT BUILDING ALL 2 BEDROOM 1 BATH APARTMENTS. FULLY GUTTED NEW KITCHENS AND BATHS WITH SS APPLIANCES AND NEW CABINETRY IN ALL APARTMENTS. TENANT PAY COOKING GAS AND ELECTRIC. ALL COMMON AREA/HALLWAYS UPDATED. 7955 S. EMERALD 12 UNIT AND 6058 S. WOLCOTT 4 UNIT BUILDING WITH COACH HOUSE ALSO FOR SALE INDIVIDUALLY OR AS A PACKAGE. ALL BUILDINGS FULLY RENOVATED. ALL BUILDINGS 2 BEDROOM 1 BATH APARTMENTS. 7955 EMERALD HAS TEN 2 BEDROOMS AND TWO 3 BEDROOM APARTMENTS. THE COACH HOUSE HAS 4 BEDROOMS 2 FULL BATHS.

Beds:
n/a
Baths:
Sq.Ft.:
52,193
Status:
Active
MLS#:
10359685
Type:
Other
Year built:
1930
A broker reciprocity listing Courtesy: First In Realty Executives Inc
View additional info

55-Unit Mixed-Use Building located in Chicago's Booming South Shore Community! 46 residential units above 9 street retail commercial storefronts including Jackson Hewitt and Currency Exchange and other retailers and services. Unparalleled location! Positioned on the hard-corner of 71st and Jeffrey directly across from the Metra Electric District rail station with service to and from Downtown Chicago, adjacent to grocery anchored (Shop-n-Save Market (community center featuring Walgreen's, Chase Bank and a mix of national retailers, and across from new development featuring theater, bowling and restaurant. Close proximity to South Shore Cultural Center and sites of the future Tiger Woods designed gold course and Barack Obama Presidential Center. Fire Resistive Construction with concrete floors and block walls. Near 100% historical occupancy. Well maintained asset. Elevator building with new motor 7 years and controls 2 years. Roof 2-4 years all sections.

Beds:
n/a
Baths:
Sq.Ft.:
4,000
Status:
Active
MLS#:
10330343
Type:
Other
Year built:
1954
A broker reciprocity listing Courtesy: Century 21 Affiliated
View additional info

Approximately 4,000 Sq. ft. of building with unfinished interior shell-box condition! Location operated a grocery store for many years! Building is in need of construction completion. Construction permit is in place to proceed completion of work. Closed due building violations; completion of work shall waive violations according to sellers statement. As is condition with responsibility of rectifying the violations. Drive-by please. if interested access cab be provided. Per sellers request a Pr-approval letter is required prior to providing access.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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