New Price - Ready to Sell! 10.2 CAP Investment. Come check out this CASH COW retail center on a very busy 103rd St in East Beverly, one of Chicago's best neighborhoods! Consisting of three retail storefronts; a restaurant, a dry cleaner and a food mart, this building presents a lucrative opportunity to own a cash flowing investment with long term leases in place. All units currently occupied with leases in place with the earliest coming due in 2025. All leases have built in rental increases and option periods to extend past the original lease dates. Tenants pay for all utilities (gas, electric and water) and interior unit maintenance. Schedule a showing today!
NEW PRICE! Come check out this ICONIC mixed-use, value-add 12 unit building in Chicago's incredible East Beverly neighborhood! This all-brick, beautiful building was built in 1904 and contains 6 retail storefronts on the main floor and 6 residential apartments on the 2nd floor. Sitting on busy 103rd street, this property provides retail owners a ton of vehicle and foot traffic to bring in business. Both the apartments and storefronts have been easy to rent quickly with little to no marketing effort. The property sits on a giant lot with a massive garage to the South of the main building. This area provides a ton of opportunity to the new buyer potentially for the addition of more units, storage or covered / enclosed garage space to generate additional revenue. Rents are currently under market with plenty of room for increases with efficient management. The back of the building is also currently used as a small gathering spot for the tenants to relax, play and / or bbq. All tenants have central HVAC for heating and cooling which was upgraded in the early 2000s. Roofs have been resealed in the past 5 years. Over a dozen parking spots in the rear of the building as well. Currently priced at a 7.75 CAP but with better management and getting rents to market this could easily be a 9+ CAP building. This property has unlimited potential and upside with the right plan. Schedule a showing today!
Great location / highly visible with Pylon signage on Busy Touhy Avenue. Prefect for user / investor- one 1140 SF space in move-in condition. First floor tenants pay their own utilities. Easy to manage. Parking for 17 cars. Proforma NOI in excess of $65,000!
Single user retail building. A 2,502 gross square foot, one story on slab, masonary constructed, single user building, built in 1971.Property is currently leased to 7-Eleven for use as a convenience store. Lot size is 7,004 square foot (0.16 acres) Property has an excellent position as a corner site across the street from Advocate Christ Hospital, which is a regional destination and a major land use along the corridor. Many users of the Hospital stop and make purchases very often.
Seize the chance to own a prestigious all-brick 16-unit building in Oak lawn, featuring 16 spacious studios and boasting significant upgrades. Recent enhancements include a newer driveway, updated 220 Amp electrical system, hot water tanks replaced in 2017, and a modern boiler. This property presents a compelling value-add opportunity with rents currently below market rates. Leveraging its prime location, consider marketing units on Airbnb for additional income. Unlock even greater potential by acquiring both the nine-unit MLS #11944298 and this 16-unit buildings together. Utilize agency debt to enhance interest in cash flow and amplify the overall profitability of this strategic investment. Don't miss out on this unique opportunity to own and optimize these prime properties in Oak lawn. Broker Owned
Great investment! First time on the market in 35 years. Recently remodeled interior. Vacant! Edison Park business district! This huge and vacant property is easy show. 2500 sq ft of space. Two full baths with storage. Two parking spaces in back of building (new concrete driveway recently done), alley access. Newer roof! Close to highway, and Metra. Easy to show!
Previously used as a window blind manufacturer. Ideally suited for light manufacture, insurance office, architect, accountant, etc. Parking in rear. No need to rent any more! No lease to worry about year after year. Buy this building and be free of year to year increases!
Chance to own and operate your own drinking and gathering establishment in the heart of Beverly. Family owned and operated since 1999 come put your energy and passion into this fine locale. This bar is turnkey that includes 11 tvs, all bar equipment, kitchen equipment, walk in cooler, bar stools, tables, chairs.
OAK LAWN 5200+ SQUARE FOOT RARE CORNER STORE RETAIL/OFFICE. CONVERTED FROM 4 STORES IN 1 SPACIOUS SPACE. OPEN LAYOUT WITH HIGH CEILINGS. AMPLE PARKING WITH PUBLIC LOT ALLOWING 50 PARKING SPACES PLUS 6+ PRIVATE REAR SPACES BEHIND BUILDING. HIGH VISIBILITY ON BUSY CICERO AVE. PERFECT FOR ALL BUSINESS TYPES. SPACE CURRENTLY LEASED TO VERY GOOD TENANT. DE-CONVERT INTO MULTIPLE STORES AND LEASE OUT WITH ENDLESS FINANCIAL PROFITS OR BUILD YOUR BUSINESS IN THE HEART OAK LAWNS BUSINESS DISTRICT.
***PRICE REDUCTION*** NICE MIXED USE PROPERTY LOCATED IN THE ROSELAND AREA CONSISTING OF 1 COMMERCIAL SPACE AND 2 RESIDENTIAL UNITS. 1ST FLOOR UNIT - 3 BEDROOMS, 1 BATHROOM. 2ND FLOOR UNIT - CURRENTLY 6 BEDROOMS, 1 BATHROOM. OWNER WAS RENTING OUT INDIVIDUAL ROOMS ON 2ND FLOOR, CAN BE CONVERTED. DOUBLE BASEMENT, 2 CAR GARAGE DETACHED, SOME NEWER WINDOWS, FORCED AIR HEATING. LOTS OF USES FOR COMMERCIAL SPACE. IN NEED OF REPAIRS, THE RIGHT BUYER CAN TURN THIS INTO A GREAT INVESTMENT PROPERTY. GOOD TRAFFIC ON 107TH. Greater Roseland is one of 10 priority communities selected as a part of the initial phase of Mayor Lightfoot's INVEST South/West commercial corridor improvement strategy. Article under "Additional Info" tab. MINUTES AWAY FROM THE PULLMAN NATIONAL MONUMENT AND I94 EXPRESSWAY. MAKE AN OFFER TODAY!!
The Unique One-of-a-Kind.. Location, Location, Location; Superbly maintained Edison Park 20 Unit multi-family apartment building same ownership since 1945. Unit mix consisting of 14 one-bedroom one-bathroom Units and 6 two-bedroom one- bathroom units. An Architectural significantly detailed full yellow brick building, copper gutters and down spouts, limestone, 10 year old roof, 10 year old tuckpointing well maintained back porches, on-site coin operate laundry, storage lockers and bike room. Updated and well-maintained Kewanee Co. boiler. Common yard, 2 car brick garage. Steps to Edison Park Metra, Northwest Hwy corridor of restaurants, shops, bars and Park Ridge. Massive Value-Add opportunity here to boost rents and value. These rarely hit the market, so don't miss out and get that cash flow. *Cash Offers Only or Funded Exchanges with POF Only*
3 unit strip center located near 103rd & Kedzie. Completely leased at this time. 2 units recently signed new leases. Unit 1 - four years. Unit 2 - two years.
Exceptional mixed-use gem on Oak Lawn's bustling Cicero Avenue. This property boasts (2) 1200 sq ft commercial units, (2) 800 sq ft apartments, and a charming (2) story Georgian-style residence with 4 beds, 3 baths, and 2 kitchens. Rooftop decks offer an urban retreat. Ideal for investors or live-work enthusiasts, meticulously remodeled from top to bottom. Don't miss out on this perfect blend of business and residential living. Own a fancy nails salon next to your very own residence and enjoy rental income. Seize this unique opportunity in Oak Lawn's vibrant community!
Total of approximately 22,200 SF on .8 acres of land. There are 3 parcels with the following addresses and PINs: 10501, 10509 and 10509 South Torrence Avenue 26-07-312-001, 26-07-312-002, 26-07-312-012 16,330 Church/School Building seats about 375 people with a lower level fellowship hall. The two-story school area has one classroom, offices and boys and girls washrooms on the first floor and has six classrooms, offices and a teacher's lounge with wet sink on the second floor. The building also includes a kitchen and a storage room 5,830 SF Rectory where the main floor has six offices, two washrooms, a kitchen and a dining room. The lower level has meeting rooms and a laundry room. The second floor has a living room, a shared bathroom/shower room and six bedrooms. There is also a detached 3-Car garage
(Former Standard Bank Branch)Free Standing +/-2,500sf building with drive thru on a +/-25,950sf site (lot dimensions are 150' x 173'). There is 150 ft of frontage on Torrence Ave. there is pylon signage on the site. The property is ideal for similar use, office, fast food or retail redevelopment. The area is densely populated and there are high traffic counts on Torrence and 106th St. New retail development in the area includes Dunkin Donuts, Subway, FHS Medical building and more to come.
Investors | Business Owners Read! Excellent opportunity to revitalize 15,800sf building on a 8,060sf parcel. Front of property: storefronts 10954 S. Michigan includes two private offices and 10956 S. Michigan features a restaurant build-out; rear of 10954 S. Michigan includes an auto repair / garage area with a service elevator that goes up to the 2nd story. The 2nd story located on the Southside of the building (110th St.) has also been used as an auto garage with additional open area in the front of the building for potential office space. Property being sold in AS IS / WHERE IS. condition with no representations, warranties. Buyer to perform all due diligence. Taxes require appeal.
153 E. 110th St is a five (5) 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 one (1) block north of Palmer Park, which features sporting facilities, a fitness center, and an outdoor swimming pool. 153 E 110th St is comprised of four (4) 1bd/1ba units and one (1) 2bd/1ba garden apartment. Each unit features luxury vinyl plank flooring and a spacious floorplan with an oversized living room and electric baseboard heating. Recent improvements to the building include, but are not limited to, copper plumbing, updated electric, and an abundance of masonry and tuckpointing work. The building also features five (5) possible income-producing parking spaces. 153 E. 110th St presents an investor with a unique opportunity to acquire an incredibly strong, positive cash cash-flowing asset with an in-place cap rate of 9.24%. Solely through bringing all units up to market rate, a new owner could achieve a cap rate over 9.5% and a cash return of 15.33%.
6 Unit turnkey property now available. Features Five 1-bedroom units and One janitor studio-unit. Tenants pay their utilities. The property was renovated in the last 5 years featuring new kitchens and baths, refinished hardwood flooring, new fixtures and appliances, new porch and more.
Calling all Investors & Business owners. This commercial space has approximately 4200 sf on the corner lot, in a high traffic area, with lots of visibility. It's open concept will accommodate & support any vision you bring to life. Lots of window exposure as well as a private parking lot attached. Zoned B3-1. Property being leased/sold "AS IS".
Amazing corner lot location with ample parking for patients/customers. Great brick building, currently a doctors office. Lots of potential to turn it into any business. Plenty of rooms, receptions area and waiting area. Come see for yourself and decide if its a fit for your expanding business.
"ATTENTION INVESTORS" Property is currently fully occupied with four apartments and one commercial (barber shop) Number of residential units will be confirmed once the zoning certificate is received, being sold "AS IS" Motivated seller bring your best offers.
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