Wow, Here is an incredible opportunity for a cash flowing asset with so much upside, it is ideal for the arm chair investor. 5 Units plus a potential 6th which is well within the zoning. The rear porch is brand new, 4 of the 5 kitchens are brand new, all new hardwood floors, repainted surfaces, and so much more. The first floor is original with a long term tenant and that is the good news, it is a massive 1600 sf ft 5 bedroom 1 bath with interior access to the lower level. Basement ceiling heights are currently about 7 ft. Serious inquiries only, and a pre approval is required prior to showing.
PRIME LOCATION..CORNER LOT..ALL BRICK BUILDING..INCOME POTENTIAL..MOVE-IN READY!!! Discover the endless possibilities with this unique two-story property situated on a prime corner lot. The first floor presents a blank canvas for your entrepreneurial aspirations, boasting a 11' tin ceiling, an additional back room with an office, and a convenient bathroom. The versatility of this space allows for any business to thrive. This property not only offers a multitude of business opportunities on the first floor but also provides a comfortable and inviting living space upstairs. Ascend to the second floor and find a move-in-ready 3-bedroom, 1-bath apartment with a separate dining room, living room, and a generously sized kitchen. Well-appointed kitchen with ample storage. The residence features over 9' ceilings, creating an airy and comfortable atmosphere. Large windows throughout, adorned with Venetian blinds, invite natural light while ensuring privacy. Unfinished basement for storage or potential expansion. Dual water heaters and a dedicated boiler for efficient utility management. Central air conditioning for 2nd floor/upstairs comfort. Radiant heat throughout the building for warmth during colder months. Located on a bustling corner, it is in proximity to downtown Hegewisch, CTA bus stop, Mann park and much more. With a move-in-ready status, this property is a must-see for entrepreneurs and families alike. Schedule your private showing today to experience the limitless potential and charm of this unique multi-use property. Don't miss out on the opportunity to make it your own!
Approximate 20,000 SF industrial facility offering significant infrastructure improvements conducive to a myriad of uses: adult entertainment/gentlemen's club, nightclub, banquet or large event facility, warehousing, industrial, distribution, cannabis, grow facility, flex, and so much more! Complete renovation in 2009 to a gentlemen's club, this building has been incredibly designed and maintained with a modern build-out and upgraded mechanicals throughout. Can be easily converted back to industrial, warehouse, flex, light manufacturing, or any entertainment type use. Current build-out includes three loading docks, full kitchen, walk-in cooler, walk-in freezer, 8 restroom facilities, showers, courtyard, locker room and more. The entertainment side of the house includes 4 stages, 2 bars, 8 VIP rooms, private entrances, DJ booth, reception, and coat check room. Mechanicals feature eleven RTU'S (ten 20-ton units and one 15-ton unit) offering temperature control, upgraded electric with 1200 amps and 3-phase power, 18' ceilings, fully sprinklered, and a new roof in 2009. Annual maintenance reports available upon request. Tons of value in the infrastructure alone. Security includes security system, retractable gates, and secure fenced site with exterior monitoring systems. Located in a TIF District, this 2-plus acre site with 131 parking stalls offers excellent visibility from I-94 with over 160,000 VPD and pylon signage. Combine this property with an adjacent approximate 24,000 SF industrial facility on 1.3 acres. Please see MLS #11945998 for more information. Loads of potential, incredible value with infrastructure improvements, great visibility and easy access to I-94 make this a must see property.
Approximate 20,000 SF industrial facility offering significant infrastructure improvements conducive to a myriad of uses: adult entertainment/gentlemen's club, nightclub, banquet or large event facility, warehousing, industrial, distribution, cannabis, grow facility, flex, and so much more! Complete renovation in 2009 to a gentlemen's club, this building has been incredibly designed and maintained with a modern build-out and upgraded mechanicals throughout. Can be easily converted back to industrial, warehouse, flex, light manufacturing, or any entertainment type use. Current build-out includes three loading docks, full kitchen, walk-in cooler, walk-in freezer, 8 restroom facilities, showers, courtyard, locker room and more. The entertainment side of the house includes 4 stages, 2 bars, 8 VIP rooms, private entrances, DJ booth, reception, and coat check room. Mechanicals feature eleven RTU'S (ten 20-ton units and one 15-ton unit) offering temperature control, upgraded electric with 1200 amps and 3-phase power, 18' ceilings, fully sprinklered, and a new roof in 2009. Annual maintenance reports available upon request. Tons of value in the infrastructure alone. Security includes security system, retractable gates, and secure fenced site with exterior monitoring systems. Located in a TIF District, this 2-plus acre site with 131 parking stalls offers excellent visibility from I-94 with over 160,000 VPD and pylon signage. Combine this property with an adjacent approximate 24,000 SF industrial facility on 1.3 acres. Please see MLS #11945998 for more information. Loads of potential, incredible value with infrastructure improvements, great visibility and easy access to I-94 make this a must see property.
JUST REDUCED $ 20,000 Attention owner users / investors / 2 story brick building, approximately 3900+ sq/Ft on busy Irving Park (Six Corner) recently leased to a Church who have spent a lot of money to update and remodel. 1900+sq/f 0n first floor w/ 4 offices 3 baths, newer furnace 2012,roof 2015,space can be used for attorneys, Mortgage cop/or as retail store, 2 other huge rooms can be used as conference rooms or training rooms, lower level 1900 sq.f an open floor plan used as w/ recent update, new ceramic floors ,furnace 2018, 4 baths and an office, back, exit door ,3 parking spaces, iron fence surrounding building. a must see. property currently leased M-M to a Church.
PRIME RIVER NORTH- Desirable Five Story 1915 Heavy Timber Loft with prime DX5 Zoning - All Commercial Office Opportunity with Tear Down or Residential Potential- Fully Renovated -Steps to Chicago Brown/Purple Line, Gut Renovated in 2019, Over 28000 SF of Rentable Office Space Including Finished Basement -- 96% occupied, Tucked in Trendy, Upscale River North on a Tree-Lined Street with Well Established Businesses, Chic Boutiques and Bars and Abundant New Construction, Easy Street or Adjacent City Lot Parking, Seconds to 90/94 on ramp at Ohio, Walk to Trendy River West, Design District, and Major Landmarks Including the Magnificent Mile, Asset Rehabbed from Vacant in 2018, FULL Tear off Roof 2021, New Copper Plumbing and Fully Upgraded Electric, All Building Sprinkler System/Security/Wifi, Abundant Natural Light, New Elevator, Private Gym, All Levels Have Communal Kitchenettes and Upgraded Public Bathrooms, Six Separate HVAC Systems with Heavy Duty Clean Air Filtration, Immaculate Infrastructure - Cash flow from Day One - $646,148 Current Gross Income
24,400 SF industrial facility on a 1.3-acre lot available for sale. The property is situated off of a frontage road to I-94, with easy access to the Chicago expressway network, including I-90, I-94, I-80, I-57, and I-294. The facility is currently divided into four approximately 6100 SF units - all fully sprinklered with 14' DIDs. Moreover, the neighboring property, 12054 S Doty, a former gentlemen's nightclub that can easily be converted to industrial, with an approximate size of 20,000 SF is also available for purchase. This property can be converted to a myriad of uses on an over 2-acre site. Combining these two properties offers a total of approximately 44,000 SF and over 3 acres. Please see MLS #11945762 for more information on 12054 S Doty.
400 E. 109th is a six (6) unit walk-up located in Chicago's historic Pullman neighborhood. The building sits on the corner of a quiet, tree-lined street across from the premier Gwendolyn Brooks College Preparatory campus and two (2) blocks north of Palmer Park, which features sporting facilities, a fitness center, and an outdoor swimming pool. 400 E. 109th St has an incredibly desirable unit mix comprised of five (5) 2bd/1ba units and one (1) 1b/1ba garden apartment. Each unit features hardwood floors and spacious floorplans with an over-sized great room and a large eat-in kitchen. Recent improvements to the building include, but are not limited to: copper plumbing, updated electric, and with an abundance of masonry and tuckpointing. The building also features onsite laundry facilities as well as five (5) parking spaces in the rear. 400 E. 109th St. presents an investor with a unique opportunity to acquire an incredibly strong, positive cash flowing asset with an in place cap rate of over 9%. Furthermore, solely through light apartment upgrades, and bringing the rents to levels already being achieved, a new owner has the ability to achieve a cap rate of over 10% and a cash return over 18.37%.
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 .
This is a place of great opportunity. Take over at the restaurant that has been established as a neighborhood favorite or reimagine the space for your business. Developers the opportunity is there for you to develop a new space on the east lot 60 E. Pershing which is included with the sale. The building has a 3300 sq foot duplex condo that you can call home or make an outstanding Air BNB
4,788 SF Retail Condo on ground floor of a 439 unit, 39-story luxury condo building. Located in Chicago's Lincoln Park Neighborhood across from Lincoln Park and Lincoln Park Zoo. Condo is leased until July 14, 2024 at $11,152.72 per month, but space is dark. Dozens of upscale shops and restaurants nearby. * Monument signage available facing Clark Street with 16,000 VPD * CTA bus stops in front for #22 Clark & #36 Broadway lines * Slightly below grade - small elevator / lift next to stairway * 2 restrooms immediately outside unit * 8' clear height to drop ceiling - 9' 6" to the deck. * 3 walk-in coolers in rear (+/-232 SF) total * Slop sink in rear opposite coolers
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.
COMMERCIAL PROPERTY ON A DOUBLE LOT READY FOR YOUR DESIGN IN NORTH AUSTIN AREA. PROPERTY IS IN A PERFECT LOCATION WITH GREAT COMMERCIAL EXPOSURE. ADDRESS IS 4942-44 COMMERCIAL SPACE IS CURRENTLY OCCUPIED AS AN AUTOSHOP. THE SECOND FLOOR IS A LARGE 2,700 VACANT LOFT READY FOR YOUR BUILD OUT PLANS. PROPERTY HAS 2 DRIVE IN'S, HANGING HEATERS, HVAC IN THE FRONT SPACE. SPACIOUS FULL BASEMENT. PLEASE NOTE PROPERTY TAX TOTAL IS $19,014.60- PROPERTY HAS TWO PARCEL TAX ID NUMBERS: 13334220420000 TOTAL: $9,507.20 AND ID: 13334220430000 TOTAL: $9,507.40
Appealing retail condo available for sale in high-traffic mixed-use South Loop neighborhood. About 1100-1200 square foot. Near McCormick Place Convention Center, Motor Row Entertainment Corridor and China Town. Currently rented to a CLOTHING AND ACCESSORIES BOUTIQUE, being built out. Estimated CAP rate 8%. 1837 and 1839 S State also available for sale.
Corner location- retail building with 2 units, Front and Rear buildings with additional land (vacant lot)bundled together ully rented with long term tenants: monthly income $2600 , church and social center. One unit has basement ( occupied by tenant New heating system installed 3 years ago.Ideal investment for someone to build portfolio. This corner commercial property is in close proximity to other businesses, schools, law enforcement agency, doctors office lots of supporting businesses in area. Some TLC needed in rear yard. Easy access to show
Investment Opportunity! This 8-unit property is a cash cow, generating $8,457 in monthly gross income. Consisting of four 2-bed, 1-bath units and four 1-bed, 1-bath units, all currently occupied by CHA Section 8 tenants, ensuring a steady, government-backed income stream. Each unit features separate utilities and gas forced air. Well-maintained and situated in a prime location. Don't miss this chance for a reliable investment in a thriving area!
Incredible investment opportunity in the heart of Lincoln Park! This mixed-use building features a completely custom commercial tire business on the first floor, complete with brand new flooring, lighting/fixtures, paint, central AC/heat, and a large detached commercial garage in the back with convenient alley access. The second floor boasts a spacious 2-bedroom, 2-bathroom unit with updated flooring, stainless steel appliances, in-unit laundry, and a private balcony. Additional building renovations include a new high-tech security system throughout the entire building. Now is your chance to invest in a piece of Chicago history in a prime location, just steps from DePaul University, multiple bus lines, the Kennedy Expressway, and blocks away from Wrightwood Park, Whole Foods, Mariano's, CTA, Metra, and Wrightwood Park. This is a fantastic opportunity for a turn-key operation. Simply step in and take over!
Prime location in Jefferson featuring a free-standing building on approximately 3,000 square feet. The building comes with over 20 parking spaces, situated on a lot sized 100x125, totaling approximately 12,500 square feet. Zoned B1-2, this meticulously maintained property opens up numerous possibilities for new development, including condos, commercial retail spaces, strip centers, banks, drive-thru restaurants, and more. This presents an excellent investment opportunity, with anticipated income growth at a rate equal to or potentially exceeding current levels. The property is conveniently located near national retailers, close to downtown, and easily accessible from the expressway.
Attention all investor Marquette Park great commercial strip with great potential. all brick building, 5 city lots, building approximately 6000 square feet, consists of 4 store fronts, unit 2414 currently a restaurant rental income of $1500, unit 2418 is a barber shop for the past 30 years $1000, (2416- 1,000 sq ft) Vacant Former liquor store 2422-2424 sits on two lots- 3,000 sq ft and has fire damage and needs to be completely updated, it's currently gutted and needs a roof and all new interior. (5 Lots on Separate PINS 2414: 19244280190000 2416: 19244280180000 2418: 19244280170000 2422: 19244280160000 2424: 19244280150000) Great for all investors.
High Visibility Property on Harlem Ave! 3 units for one price! Office/retail/stores Zoned B3-1 Parking on street and rear of building. Fully updated kitchenette/break room in this unit. Energy efficient lighting. NEWER ROOF. Updated to code electrical service. Very well maintained. Please do not disturb the tenants. For questions call agent. Property has two pins. 3407, 3409 and 3411 N Harlem Ave sold together for list price. Taxes are total for 3 units. Lot dimension is for one unit so multiply 16.67x3 for width. Taxes are for all 3 units. Parking in front and back of property. Agent related to seller. Owner financing available-Call LA for details.
Super visibility on Harlem Ave! Excellent income! Super well kept with NEWER ROOF! 3 units sold together. Office/retail/store on highly traveled Harlem Ave. Electricity is updated to code. Energy efficient lighting. Very well maintained. Parking on street and rear of building. Please do not disturb tenants. For questions call agent. Property has 2 PINS. Many possibilities for future use! SOLID buildings 3407, 3409, & 3411 N Harlem Avenue. All sold together! Lot dimension is per unit (multiply 16.67 width x3). Taxes are in total for all 3 units together. Agent related to seller. Owner financing available - Call LA for details.
Great location on Harlem Ave! Excellent Income! Super well kept with NEWER ROOF! 3 UNITS sold together at list price. Office/retail zoned B3-1 located on highly traveled Harlem Ave. Electric is updated to code. Energy efficient lighting. Very well maintained. Parking available on street and rear of building. 3 units sold together with 2 PINS. 3407, 3409, and 3411 N Harlem Ave. Please do not disturb tenants. For questions or showing, call agent. Lot dimension is per unit (multiply 16.67 width x3). Taxes are in total for all 3 units together. Agent related to seller.
Century 21 Universal Real Estate
7300 N. Western Ave.
Chicago, IL 60645
Phone: 773-465-0300
Email: [email protected]
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