Welcome to an exceptional opportunity in the neighborhood of Belmont Cragin, presenting a versatile 7,500 square feet of retail with parking in the rear of the lot. Located on at the corner of Addison Street and Nagle Avenue-block end to end, just west of Austin Avenue. This property offers a blend of lucrative tenancy and enticing vacancies for potential expansion, lease, and owner operations. Spanning an expansive 7,500 square feet of, sitting on approximately 11,337 square feet of land with 123' feet frontage on Addison Avenue, seeing 17,724 vehicles per day. This property is zoned B3-1 and provides ample space to accommodate diverse business ventures. The layout includes a total of four tenant spaces along with two vacant areas, strategically designed to maximize functionality and profitability. Strip center with 4 spaces. Tenant 1: Automotive business occupying 2,800 SF. Equipped with a convenient drive-in door, this space caters to the automotive industry's demands with efficiency. Tenant 2: Another automotive enterprise encompasses 2,300 SF, also facilitated with a drive-in door. With two vacant adjacent spaces with approximately 900 SF and 1500 SF ready to be customized according to the discerning needs of prospective tenants, this property offers endless possibilities for expansion and diversification. Whether for additional automotive services, retail ventures, or office setups, the vacant areas present an enticing canvas for entrepreneurial endeavors. Please do not disturb businesses.
In the South Loop on the North East corner of Cermak and State, its also adjacent and just West of the Green Line CTA Train Station. 6 retail store Fronts and 1 Residential 1 Bed 1 bath apartment. Zoning DX-5. 2137 S State 1000 sq. Ft, 2 E Cermak 800 sq. Ft, 4 E Cermak, 1000 Sq. Ft, 6 E Cermak 1000 Sq. Ft, 8 E Cermak 1200 Sq. Ft, 10 E Cermak 1500 Sq. Ft, 10 E Cermak #2b 1300 Sq. Feet. Plenty of opportunity and potential, the existing commercial leases are both Triple Net leases. Come see this for yourself. Proof of funds Or Prequal prior to scheduling a showing.
"As-Is Sale" This is a opportunity to own a unique commercial property. This versatile office style building, situated in a prime location, which offers a remarkable opportunity for savvy investors or business owners. Positioned on Western Avenue, this property benefits from high visibility and accessibility, thanks to its proximity to major retail outlets like Menards and Walmart. This strategic location not only guarantees a steady flow of potential clients but also provides excellent convenience and exposure. With the property dual-side layout, the property caters to a diverse range of business needs-from office spaces to specialized services like barber shops or dental practices. The 8941 side boasts a waiting and reception area, four offices, and two bathrooms while the 8943 side features a spacious main area, four individual offices, and a bathroom. Both sections share a convenient kitchen and a compact file room, making it ideal for various ventures. Due to recent water damage caused by burst pipes, the property requires a comprehensive gutting and rehabilitation. This presents a unique chance for investors to remodel and customize the space. Prior to the water damage, the roof was completely redone in 2021, AC (2021), and the furnace has been enhanced with a new control board. This property represents a blend of opportunities-ideal for those looking to invest in a space with potential for high returns through refurbishment and strategic location. Whether you're aiming to establish your own business or lease spaces to others, this commercial building offers the flexibility and potential to realize your vision. It is incumbent upon the buyer to conduct their own comprehensive due diligence regarding the property.
MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST BY MAY 1st at 11:59PM ***Rent Roll Available in Additional Info*** Rent amount is great now, but can be higher (CHA allows landlords to apply for higher rent). Come check out this Investor-friendly multi-family unit building with 7 units for sale. The building consists of six spacious and bright 3 bed 1 bath units & one 4 bed 1 bath unit with generous living square footage and ample closet space. Current occupancy rate of 100% of the capacity making it a secure investment of your hard earned money. Each unit has its own water heater and furnace, all up to date and working well. The occupied units are with CHA tenants, except for one (non-CHA tenants have been living in the building for 20+ years) ensuring consistent cash flow every month. ***Gross income - $9651 NET operating income: $4700/month!!!!*** This is a brick building on the outside with a detached 2-car garage and several remodeled units on the inside featuring recently restored and varnished hardwood floors in four of the units, life-proof, waterproof laminate flooring throughout the rest, freshly painted and move-in ready. One apartment in original condition because tenants have been living there for 20+ years. The roof of both the building and the garage have also been restored in August, 2023 (before and after photos available upon request).
This two-story retail building offers an amazing turn-key business opportunity! Second floor is beautifully renovated and sectioned into 8 suites of which 4 are rented accruing $3800 monthly income. Over 2500 sq ft of retail space, Huge ceilings, newer windows, coverings and fixtures. Newly built back porch, Huge basement and garage can be used for storage or parking. 1st floor is a huge blank canvas ready for your business ideas (restaurant, cafe, shop, etc.) There is endless potential in this high-traffic, highly sought-after location. Adjacent lot included!
Discover the ultimate investment opportunity in North Lawndale! This captivating 7-unit multi-family property offers a blend of luxury and convenience. Recently renovated, each unit shines with modern upgrades, attracting cash-flowing tenants. With a mix of three and two-bedroom apartments, this property promises steady returns. Set in an up-and-coming area amidst new developments and renovations, it's poised for significant appreciation. Act now to secure this lucrative asset, poised to thrive as the neighborhood blossoms. Don't miss your chance to reap the rewards of this prime investment! Purchase with equity current appraisal is at 775k!! 3- 3br 4-2 br ... upgraded units
Logan Square Unique find. Not many left an existing S.R.O. with a Hotel License. 67 Studios. Could be a big money maker. Needs work. New $60,000 boiler being installed. Please do not disturb tenants or employees. Only contact the Listing Agent. Currently 40%
Highly visible retail commercial condominium located along North Western Ave, offering an excellent location suitable for various commercial or retail purposes. The property boasts 1650 square feet on the first floor and an additional 900 square feet of basement space suitable for storage or extra inventory. With 14-foot high ceilings, the space includes a bathroom and a 2-car garage suitable for commercial vehicles. This retail condominium comes with a monthly assessment of $191.00 covering insurance, water, garbage, and snow removal. Owner financing may be available. The seller is a licensed Real Estate Broker in the state of Illinois. POSSIBLE OWNER FINANCE TO A QUALIFIED BUYER WITH A GOOD DOWN PAYMENT !!!!!!
Attention investor/business owners this wonderful mix-use building with 2,462 sf ft on a 3,125 sq ft lot. Building is ready to move in. New furnace, heating for each unit. First floor (Sore front) with new flooring, an updated half bathroom ideal for all professional services. Second floor has of a living area with a combined dining room,2 bedrooms, 1 bath and beautiful kitchen with all new, Includes a detached 2 car garage and full unfinished basement.
Retail/Office building available for Sale or Lease on Bryn Mawr Ave. Currently divided into two units, the rear portion and partial second floor is occupied by a dental lab. The front section facing Bryn Mawr is a vacant second-generation dental office that currently has 4 fully equipped exam rooms, a lab, breakroom/ lounge, and formal waiting room, reception area and updated bathrooms. Amazing opportunity for a startup or an experienced dental practice or any other medical user to move right in to this space or for another retail or office user at a attractive rental rate. Full basement. Great signage opportunity and ample street parking available directly in front of the building.
Located in the heart of Chicago's West Town. This property offers over 6000 square feet of space! Great location to develop, re-purpose, or keep as is. R-3 Zoning. Solid building features 3 separate levels of workspace with seating for 300+ in the main auditorium. An extra multipurpose area seats an additional 50+. Perfect youth center space for screen and raised soundboard area. Lower level houses a large open space for group sessions and or dining hall, outfitted with a commercial kitchen that offers 3 stoves and 3 refrigerators, a huge pantry & storage, A Clothes Pantry, separate children's classroom, and 2 updated bathrooms. There are 5 New furnaces and Central Air Conditioners were added that make the entire building zone-controlled with gas forced HV/AC. The roof is approximately 14 years old rates for 30 years. Street parking is available on Richmond, Wabansia, Humboldt Blvd and also has been an arrangement with a nearby lot. If that wasn't enough the property features a 5 bedroom home, that has recently been updated, hardwood floors refinished which is rents for $2,500 per month.
Attention Investors: Don't miss this chance to invest in a spacious 2-unit property with a full basement. 2 Car Detached Garage. This property is ripe for renovation, perfect for launching a new business. With two new 100 AMP electrical boxes to segregate residential and commercial power usage, this property offers a promising opportunity. Each unit will be able to be set up so they pay their own utilities. Sold AS-IS. Cash offers require proof of funds, Conventional financing requires a pre-approval. This property holds significant income potential. Great Location Near Metra, Shops, Dining, and the Beach!
Rare opportunity to own a great income producing mixed use building, close to Wrigleyville in Lakeview & Halsted just south of Addison. There are long term tenants for the commercial space( Diva Restaurant) with full basement and the second floor apartment. (Restaurant tenant pays 60% of water bill plus all utility bills). The second and the third floor apartments each feature 3 bedrooms/2 baths. (Tenants pay electricity, gas and internet). New upgraded unit on the third floor: freshly painted, kitchens with granite countertops, stainless steel appliances, kitchen island, large formal dining & living and office areas with skylights, central heat/ac, huge back section for in unit washer/dryer side by side, primary bedroom suite; Close to Whole Foods, Wrigley Field, Restaurants and Entertainment Centers. The third floor tenants moved in December 1st, 2022.
Incredible opportunity to build to suit right in the heart of the West Loop! So many possibilities to paint this blank canvas in a popular live/ work true loft building. This single floor corner unit features soaring, original timber ceilings and a private building entrance. Step inside a currently configured 1,000 sq ft front office w/ reception and almost 4,600 sq w/ massive open spaces, framed out rooms and plumbed bathrooms. Fantastic space to build out for a mid-sized firm, healthcare offices, spa, tech startup, daycare, and more - great setup for a business in need of multiple private offices or rooms w/ a separate front reception area. Unit is currently framed and has full electric and plumbing, bring your architect or designer and bring this amazing space to life. Great West Loop location near the best of the best restaurants, Whole Foods, Marianos & Target, Mary Bartelme Park, and 1 block to the Blue Line, 90/94, CTA buses, UIC, Metra and a short trip to the Loop! Ample free street parking along Van Buren and Sangamon for visitors, and several leased parking options nearby. Building is zoned for live/work and is investor friendly.
All 3 properties packaged as one. Three Seperate Parcel Pin Numbers. Building 11412 has rental unit above with Retail space below. Was being used as storage for business. Buildings 11416 and 11418 where Doctors Clinics with basement for storage. These large buildings have many possibilities. Being SOLD ASIS. A/C unit on 11416 is only one year old. Bring your Investors and Developers to buy into the New Developement of the Roseland Area. Fire Department 1/2 a block North of building and Grade school in walking distance.
This is your opportunity to start your new business endeavor. Great redevelopment space in a high traffic area, close to highway, public transportation and other businesses. Vacant. Sold AS-IS. Previously used as a gas station. Make your appointment today!
ATTENTION INVESTORS, REHABBERS - COMMERCIAL ZONED B3-2 3192 SQFT BUILDING WITH BACK YARD ACCESS TO ALLEY. HEAVY RENOVATION REQUIRED. Permitted businesses include but not limited to Art, Artist Live work, Animal Services, Automotive, Building Maintenance & Cleaning, Business Services, Construction Retail / Hardware / Locksmith, Education & Child Care, Food & Beverage, Indoor Special Events, Laundry & Dry Cleaning, Lodging, Media, Medical, Orthopedic Appliance Stores, Tanning Salon, Recreation, Postal Service, Residential Storage, Retail Sales, Entertainment & Spectator Sports, Tobacco Shops.
Listings courtesy of MRED as distributed by MLS GRID
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