Chicago IL Real Estate & Commercial for Sale

Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the middle building of 3 located on the SW corner of Ashland and Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease.

Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. The 1st of the 3 parcels, which is located at 3111 S. Archer, is a one story retail location with a finished basement. The first floor is all open space and the basement area has the same footprint, but includes 2 private rooms with sinks, and a 2 separate bathrooms. The billboard on the roof of this bldg is owned by Clear Channel and they have a easement in perpetuity and own the air rights. In a deal inked many years ago, the owner of this property derives no rental income from that billboard or from any lease payments for the easement. This property is being offered for sale individually for $150,000. This space - and only this space - is also being offered for lease at $1800/mo on a gross basis.

Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. The 1st of the 3 parcels, which is located at 3111 S. Archer, is a one story retail location with a finished basement. The first floor is all open space and the basement area has the same footprint, but includes 2 private rooms with sinks, and a 2 separate bathrooms. The billboard on the roof of this bldg is owned by Clear Channel and they have a easement in perpetuity and own the air rights. In a deal inked many years ago, the owner of this property derives no rental income from that billboard or from any lease payments for the easement. This property is being offered for sale individually for $150,000. This space - and only this space - is also being offered for lease at $1800/mo on a gross basis. The second building is located just west of this at 3115 S. Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease. The third property is just west of this one and has the address of 3117 S. Archer Ave. This is a one story structure with driveway access on Ashland Ave and vehicle egress through an overhead door onto Archer Ave. The long time tenant here is a Car Wash named Fine Touch Pro Detailing and Car Wash. 3117 S. Archer Ave is being offered individually for sale for $200,000. This property is also not being offered for lease. If all 3 properties are purchased individually, the total purchase price will be $800,000. If these 3 properties are purchased all together as a package, they can be acquired for the discounted sale price of $725,000 - again, with the stipulation that any new owner must abide by the City of Chicago's SRO ordinance which dictates the terms and conditions of the transfer of SRO properties. If fully leased, these 3 properties together will produce a gross income of approximately $110,000/yr, and with conservatively estimated Operating Expenses, an NOI of $59,950. At the package deal price of $725,000, this will equate to an 8.27% Cap Rate.

Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the westernmost of 3 properties at the SW corner of Ashland and Archer Aves and the address is 3117 S. Archer Ave. This is a one story structure with driveway access on Ashland Ave and vehicle egress through an overhead door onto Archer Ave. The long time tenant here is a Car Wash named Fine Touch Pro Detailing and Car Wash. 3117 S. Archer Ave is being offered individually for sale for $200,000. This property is also not being offered for lease

Located at 1420 E 87th in Chicago's vibrant Avalon Park community, this unique mixed-use gem offers endless potential for investors and entrepreneurs alike. This masonry exterior building has been transformed into an entertainment venue, revitalizing the historic space. With a building size of 7,870 sq ft, two units including a residential apartment and a commercial space, and a lot size of 3,125 sq ft, this property offers ample space and flexibility for various uses. Zoned B3-1 and situated in a bustling area with high visibility and easy access to amenities, transportation, and a diverse customer base, this property is ideal for creative entrepreneurs looking to continue the entertainment venue concept or explore new possibilities such as a restaurant, cafe, art gallery, retail space, educational center, medical center. Additionally, the upper-level apartment provides a convenient living space or rental income opportunity. With its unique history and layout, this property is a prime candidate for adaptive reuse projects and offers a smart investment with multiple revenue streams. This property has multiple PINs. 1424 E. 87th includes PIN 20354130400000/Taxes for 2022 were $3407.46. 1420 E. 87th includes PIN 20354130390000/Taxes for 2022 were $2400.40. 1418 E. 87th includes PIN 20354130380000/Taxes for 2022 were $1047.55. 1414 E. 87th includes PIN 20354130370000/Taxes for 2022 were .

Welcome to this vibrant mixed-use property nestled in the heart of Pilsen! Ideal for investors or owner-occupiers seeking a prime location with endless potential. The two three-bedroom apartments boast spacious living (2 living rooms per apartment) and dining areas, perfect for comfortable urban living. Meanwhile, the storefront's 1000 sq ft open layout, complete with new windows, lighting, and flooring, presents an enticing opportunity for entrepreneurs. With a recently remodeled bath and potential for more office space in the partial basement, this property offers versatility and charm. The exterior features a fenced in backyard, each apartment with a porch/deck and a 2 car garage. Don't miss out on ample street parking, making accessibility a breeze. Explore the endless possibilities of this thriving Pilsen gem today!

VALUE ADD 6-unit in Chicago's West Pullman neighborhood. 5 x 2bd/1ba and 1 x 1bd/1ba units. Detached, six space garage. Individual forced air heat and central AC. 3 units are currently vacant and ready for light renovations. Roof was replaced in 2018. Close proximity to public transit and major highways. All Income & Expenses are pro-forma. Property is being sold "As-is."

Location- Location! Located in the heart of Roscoe Village Many new exciting improvements. Roof two years old, newer hot water heaters & new central boiler! New electrical boxes, new coin dryer, much plumbing work accomplished. Basement sealed and dry! Half the sidewalk on the side of the building was replaced recently. The units enjoy 3-year-old kitchens and bathrooms! Each unit gets great light. Units have nice layouts and granite counter tops! New pizzeria going in the retail space! Give some notice and I can show the whole building!

DENTAL OFFICE, GREAT CONDITION, GREAT LOCATION. 900 square foot DENTAL OFFICE, in a prime LINCOLN SQUARE location. Excellent population and demographic for your new office, or a wonderful opportunity to expand your existing practice in one of Chicago's best neighborhood. 4806 N Hamilton is a special opportunity. The space its self has a lobby, area for 2 working stations, lab, bathroom, doctor office and storage. Very clean, newer, everything in excellent shape. Additionally this office comes with full setup of equipment, instruments and all essentials. Everything to properly run office is at hand. The practice currently has approximately 220 active clients. Lastly seller, is willing to stay on with the practice up to 12 months to provide a seamless transition to the new owner. WHAT AN AMAZING OPPORTUNITY.

This investment has been 98% rehabbed and updated, and now it is fully rented! Electrical, plumbing, and major mechanicals have all been addressed and updated. This 16 unit building is comprised of 16 units (2 commercial and 14 residential). The commercial tenants are on long term leases (expiring '28 & '30), and 12 of the 14 residential units have been completely updated. The location of the building means any investor will have a solid renter pool to choose from and the building's return is above market average for the location.

Longtime owner is retiring, which creates your opportunity to own a SOLID brick mixed-use 2-flat in the bustling Clybourn Corridor. The building consists of a longtime printing business, as well as an apartment on the 2nd level. Spacious apartment is below market value. TONS of potential in the HOT area. Duplex up & Duplex Down? LOCATION! LOCATION! LOCATION! Property is being sold AS-IS. Make an offer! Please see broker Remarks.

Corner Brick 6-unit building in Belmont Cragin area, fully occupied. TWO - 2 bedroom units & FOUR -1 bedroom units. Most units have been refurbished. Long term tenants in most units. Excellent opportunity to Value add and increase rents. Leases are all month to month. No City of Chicago violations. Solid building, great investment. Sold AS-IS.

This outstanding Gold Coast corner storefront location is situated on the ground floor of the historically significant Burlingham Building. Built around 1880, this property is recognized by the National Register of Historical Places for its architecture and engineering. This small boutique condominium building is impeccably maintained and continues to be emblematic of Chicago's rich history and serves as a stellar representative of its Late Victorian heritage in the neighborhood. Its prime location and high visibility, makes this retail space easily accessible to all modes of transportation in this bustling community.

Nestled within an up and coming neighborhood, this captivating four-unit building seamlessly combines a dynamic storefront with three inviting residential spaces. From the moment one approaches, the building's facade exudes a timeless charm, with large display windows beckoning pedestrians to explore the treasures within. At street level, the spacious storefront awaits, offering a versatile canvas for entrepreneurs to realize their visions of a thriving business. Above, three units offer residents a sanctuary amidst the urban hustle, each unit boasting contemporary comforts they each have their own dining room, kitchen, 2bedrooms and bathroom. With its harmonious blend of commercial and residential spaces, this building stands as a testament to the vibrant energy and endless possibilities. This building also offers a attic, basement, and a 2 car garage.

A 10,000 square foot, two-story retail/office storefront property situated on heavily-trafficked Lawrence Avenue is for sale. The ground floor of the property is divided into two units. Each space is improved with a retail and warehouse area and includes an overhead door, which allows for indoor parking. The second floor is partially updated and could be used as an office or converted into residential. Excellent frontage on a main thoroughfare with strong pedestrian traffic makes this offering perfect for a user, developer or investor.

Great opportunity to get into sought after Irving Dunning area of Chicago! Perfect for retail, medical, or entertainment. Apartment above for additional income. Solid brick exterior and flexicore concrete ceiling. Desirable off street parking in rear of building. Less than half mile from Harlem Irving Plaza. Close proximity to major expressways and Metra.

Investment opportunity to own an all brick 6 Unit Mixed-Use building in Chicago's Belmont-Cragin neighborhood. This property features 4 - 2bd/1ba units, 1 - 1bd/1ba unit, and a local bar on the main level. The 3 rear residential units have been completely gut rehabbed in 2015 and are condo quality including hardwood floors, stainless steel appliances, and granite counters. The 2 front residential units had some updates. All 6 units have their individual HVAC and the 2 rear units have their individual hot water heaters. The roof was updated in 2015. The current rent is WELL BELOW market value and are all month to month. (With the market value, the Total Annual Income before expenses should be around $90,000 off rent alone). Additional income from coin laundry. Explore the possibilities of being a Chicago commercial property owner.

This Mixed Use property offers 2 bedrooms and 1 bathrooms with approximately 1920 square feet of living space on the second level with a commercial space on the first level. The foreclosure deed has been recorded, allowing for shorter closing timelines. No Buyer Premium on this property. The buyer has the right to select their own title/closing company. The buyer is responsible for all closing costs in this transaction. Room sizes are estimates and unverified. Sold As Is. No survey. It is a criminal offense to trespass on this property.

Property is need of extensive rehab. Sold AS IS only one unit is rented and that its shown on second showing.

Mixed use property. Property is ready to be remodeled. It needs to be rehabbed. Full Basement. Being sold in "As Is" condition. Cash offers only. Sellers and Listers are Licensed IL. Real Estate Brokers.

This 5 unit building located in Chicago's Beverly/Morgan Park neighborhood has been completely renovated. New kitchens, bathrooms, floors, appliances, landscaping and other features have created strong demand. Located in a CHA mobility area, the property is fully leased. A new owner will have the option of wonderful market tenants or strong Section 8 rents and tenants -Agent Owned

+/-31,000 sf Industrial Building with 2 loading dock spaces accessed off Drummond Pl. Main floor foot print is +/-23,000sf and mainly warehouse area. The first floor footprint is nearly on the entire lot. Second floor has approximately 7,500sf of office space. The site is located in an M1-1 zoning district allowing for a variety of uses. High ceilings adequate beam spacing in the warehouse. Ideal locaiton minutes from the expressway. Building needs work and is priced accordingly.

Introducing a prime investment opportunity in the vibrant Chicago area. This modern, well-maintained 2,115 SF building with 2 units is ideally suited for multifamily/high-rise investors, offering the flexibility of M1-1 zoning. With attractive curb appeal and a spacious, functional floor plan, this property presents strong potential for rental income and historical performance. Its desirable location, convenient access to amenities, and potential for value-add opportunities further enhance its appeal. Don't miss the chance to own a property with a strong track record and promising future in the heart of Chicago's thriving real estate market.