Courtesy: Keller Williams Success Realty
This fully occupied office building is offered at a very competitive cap rate based upon rents that are well below market. You can buy this building and leave everything exactly as is (the seller currently occupies a significant portion of the build and is willing to keep all of their space, or keep a portion of their space or vacate completely) OR you can bring the rents up to full market and watch your building value explode. If you merely bring the rents up to 90% of market, you'll add over $200k to the value of the building. If that's not enough of a value add opportunity, the current zoning allows residential above ground floor retail/office and the building has flexicore ceilings, so there's the possibility of adding residential units above. The location supports strong demand for retail, office and residential. Higgins has a great traffic count and high visibility and I90, the Blue Line, CTA buses, multiple Metra stops and O'Hare are all just minutes away. Ask your agent for the financial information in the flyer available to download.
Courtesy: Coldwell Banker Commercial NRT
HOT "WEST LOOP" GARAGE STYLE BUILDING WITH SECOND FLOOR OFFICE. CURRENTLY USED AS A CONTRACTORS SPACE. EXCELLENT REDEVELOPMENT OPPORTUNITY FOR BOUTIQUE/CREATIVE OFFICE SPACE OR LIGHT PRODUCTION/MANUFACTURING SPACE. A MUST SEE!
Courtesy: Compass
***UNIQUE RE-DEVELOPMENT OPPORTUNITY WITH ENDLESS POSSIBILITIES!*** Step inside this magnificent 100+ year old church, nestled just one block away from the charming Humboldt Park neighborhood. This iconic property boasts original stained glass windows, a stunning metal truss vaulted ceiling, and an abundance of character that's waiting to be transformed. With a total footprint of approximately 22,250 SF (including balcony infill), this expansive space offers incredible potential for a wide range of re-development options. // CURRENT USAGE: The building, with its dramatic metal truss ceiling structure and classic architecture, spans 3-stories for the church and 4-stories for the school, totaling approx. 18,724 SF. Currently zoned as RS-3, it can be subdivided for rental purposes at $10/sf/yr NNN. // PRIME LOCATION: Situated on a beautiful tree-lined residential street, this property is surrounded by a vibrant community with many renovated buildings and homes. It's also conveniently located just one block from the North Avenue bus stop. // RE-DEVELOPMENT IDEAS: (1) Religious Space or Shared Religious Space: Transform this historic church into a shared religious space for use by multiple religious groups. Lease it to various religious communities for their services and activities, accommodating different religions with separate service schedules. (2) Recreational Ventures: Consider turning this space into a Ping Pong Venue, Skating Rink, Fitness Center, or a Maker Space to cater to the active and creative communities. (3) Community Enrichment: Explore the potential to create a Community Center, Affordable Housing, or temporary housing for migrants. (4) Artistic Hub: Develop a shared Artist Studio and Gallery Space, promoting a live/work environment for artists. Design high-quality dorm-style bedrooms, communal living spaces, and a gallery within the sanctuary space, fostering an artist ecosystem. (5) Hospitality Ventures: Transform the church into a Hotel/Restaurant/Event Space, similar to the iconic St. Peter and Paul in New Orleans, or consider it for hosting various events and occasions. (6) Cultural and Entertainment: Explore options as an Event Space, Apartment Building, Music Venue, Movie Screenings, Ballet/Dance Center, Live Theater Venue, or even a Kids Museum. (7) Creative Workspace: Utilize the space as Office Space for a Creative Agency, Shared Non-Profit Office Space, Film Studio Venue, Circus Gym, or a Climbing Gym. (8) Permitted Uses: As permitted by the zoning, this property can also serve as a Religious Venue, Community Center, Library, Single Family Home, or a 2-Flat, offering incredible versatility. // Don't miss this chance to own a piece of history and create something truly exceptional in this thriving community. Explore the endless possibilities that this iconic church offers and be part of its exciting transformation! Owner will consider partnership or owner / seller financing ***Adjacent huge lot (45x118) with home also listed for sale (listed separately) - MLS#11759633.***
Courtesy: Strauss Realty Ltd
Re-development opportunity in the heart of the North Side of Chicago - at Irving Park / Western. 5-story building with freight elevator and rear drive-in door. Fully vacant and available immediately. Phase I Environmental report from 2017, available upon request. Partial basement. Building located in desirable Bell School District.
Courtesy: Miller Chicago LLC
This massive site formerly housed the historic Charles S. Jackson Funeral Home. The possibilities are endless. Located on a busy street with many other Retail businesses. Priced to Move. Property needs complete rehab. Vacant & Easy to show. Short notice OK. Immediate possession at closing. Property being sold AS-IS, 100% Tax prorations, No survey provided - Special Warranty Deed conveyance. Please do your own due diligence prior to offer submission. Proof of funds required with all offers. This property is mixed-use and all offers should include a plan to include residential.
Courtesy: Millennium Properties RE, Inc.
6,950 square foot retail storefront on Commercial Ave. is available for sale. Near 91st St., the building was formerly leased to a beauty school, it features a full finished basement, open layout with additional offices and break rooms. The building has a long window line on Commercial plus a hanging sign to increase visibility. Nearby businesses include local and national retailers such as Family Dollar, Rainbow and City Sports.
