3428 S. King Drive is a beautiful six (6) flat Greystone building in Chicago's Bronzeville neighborhood. The building provides easy access to downtown and is located just a few blocks from Lake Michigan. 3428 S. King is a unique opportunity to obtain a cash-flowing mixed-use property in one of the most desirable pockets of Chicago's south side. The building is comprised of two (2) master lease retail units, two (2) 3BD/2BA & two (2) 4BD/2BA. Recent improvements to the building include but are not limited to: gut-renovated units with modern finishes throughout, central air, individual mechanicals, in-unit washer dryer, updated electric, copper plumbing, and an abundance of tuckpointing and masonry work. From day one, a new investor will realize a cap rate exceeding 8% and cash returns approaching 9%. The retail units have master leases signed that extend through 2027. Through optimizing expenses and raising rents to levels already achieved throughout the building, a new investor can realize a cap rate approaching 9% and cash returns approaching 12%.
Come see this sunny and spacious building that overlooks Levin Park and playground. Well-maintained brick building built in 1921 with seven apartments. Five 2 bedroom 1 bath, one 1 bedroom 1 bath and an "owners unit" studio with a private deck that just must be seen. HVAC in every unit for tenant paid heat. Hardwood floors throughout. Also a detached four car garage, excellent backyard and deck and a huge dry basement. Add this to an existing portfolio or get started in the business with this very solid building. Property is being sold as is. Proof of funds required.
Rarely available 12 unit apartment building located right along the river in Chicago! The property consists of 12 apartments which includes (9) 2 Bed/1 Bath Units and (3) 3 bed/1 Bath units. There are 7 parking spaces which can accommodate most of the renters vehicles. Building features include a laundry room on site generating additional income, storage rooms for tenants, maintenance room, and bike room. Current owners have recently rehabbed all apartments and installed new modern kitchens, bathrooms and fixtures. Additionally, the building features new horizonal risers and vertical risers, new windows, new concrete sidewalks and parking pad in rear, newly painted and carpeted stairwells and new boiler ( Dec 2023). This property is turn key and will be an excellent investment for any buyer.
Introducing a prime investment opportunity at 4412 W Belmont Ave, Chicago. This 3,000 SF building, constructed in 1920, offers enticing potential for multifamily/low-rise/garden and mixed-use investors and owner users. Boasting 2 units, this property features a 2-car garage, spacious backyard area, a newer roof, and an updated heating system. With a favorable C1-1 zoning, this property presents a strong foundation for maximizing rental income and long-term growth. Don't miss your chance to capitalize on this well-positioned asset in a sought-after Chicago location.
7250 S Yale Ave is conveniently located in the Greater Grand Crossing neighborhood of Chicago's South Side. Only 2 blocks east of beautiful Hamilton Park and just 2 blocks west of the entrance and exit ramps to I-94, which is the main north-south Expressway running through Chicagoland. This location also puts this building almost exactly halfway between the mass transit light rail Red Line stops at 69th St and 79th St. Chicago's public CTA bus lines run east-west along 71st St. and 75th St. This 7-unit rental building features 6 -3 bed/1 bath units and 1 - 2 bed/1bath Garden unit. Broker does not warranty the legality of the 7th unit. While these units currently bring in approximately $88,000 in Gross Income, there is room for upside as pro forma rents could boost the income to over $106,000.
Welcome to 721 S Dearborn in the heart of Printers Row. Great potential with lots of walking traffic. Big bay area windows with plenty of natural light. All fixtures included. Great location for office space, retail, commercial or office/tech use. 13' ceiling & 9' windows. TAXES HAVE BE REASSESSED AND SIGNIFICANTLY REDUCED IN 2023 to $6,616. A HUGE SAVINGS! Just a few minute walk to the CTA (Red Line) and multiple bus stops. One block north is the Ida B. Wells with quick access to the Kennedy, Eisenhower and Dan Ryan expressways. Easy access to Lake Shore Drive. Minutes away from Grant Park, Millennium Park, Buckingham Fountain, Shedd Aquarium, Field Museum, Soldier Field, McCormick Place, Merle Reskin Theatre, Restaurants, Hotels and all S. Michigan Ave. has to offer. Ample street parking. Motivated seller! PROPERTY BEING SOLD AS-IS.
Unique property with a total of 9 residential apartments, a church and a storefront property previously used as a beauty salon and 4 small odd units. Some of the residential units are in need of many repairs from fire damage, but a great opportunity to own this massive building. Property has three addresses but one pin. (935 E. 75th, 937 E. 75th & 7507-09 Ingleside).
Nestled in the vibrant Portage Park area, this property features an 8 unit building with a footprint of a 9 unit structure. The offering includes a spacious former owner's unit comprising 8 rooms, four bedrooms, and one and a half baths, along with a mix of other large units: (2) 5 room, two bedroom, one bath units, (3) 4 room, two bedroom, one bathroom units, and (2) 3 room, one bedroom, one bath units. The property boasts recent upgrades, including a roof, hot water heater, and boiler that were replaced in the last 5 years, as well as 10 year old windows. Within the past year, the entry doors, doorbells, and intercom system have been renewed, ensuring a modern and secure living environment for tenants. Moreover, the convenience of a 2.5 car garage, 3 surface parking spots, and on-site laundry facilities adds to the property's appeal and tenant satisfaction. This investment opportunity presents the allure of "armchair management," with units in good condition and potential for rent increases upon turnover. The option to reconfigure the former owner's unit into separate two-bedroom and one-bedroom units offers an enticing avenue for increased income generation. In summary, this property not only promises stable returns but also provides a solid foundation for further value enhancement in the heart of sought-after Portage Park.
Excellent opportunity to give your business exposure on busy 63rd ST with great traffic count! This property is ideal for a growing business. Commercial space is nearly 2000sqft with a great open layout, 2 baths, and access to backyard. Full unfinished basement for additional storage. 2nd floor is a 3 bed 2 bath apartment ready for your finishing touches. Large backyard with 1 car brick garage. Recent upgrades include: NEWER FURNACE, NEWER PLUMBING, NEWER ROOF. Zoning allows for a variety of businesses. LOW taxes and great rental income is ideal for any small business looking to expand! Schedule your showing before it's gone.
GREAT OPPORTUNITY FOR BUSINESS OWNER/OPERATOR! 1250 SQ. FT. OF RETAIL SPACE ON 1ST FLR. BASEMENT FOR STORAGE. LARGE 3 BEDROOM APARTMENT ON 2ND FLR. WITH UPDATED KITCHEN & BATH. CAN BE PURCHASED TOGETHER WITH '5145 DIVISION' FOR EVEN GREATER SAVINGS! RENTS ARE BELOW MARKET!
PERFECT FOR OWNER OPERATOR! $35K INCOME-UP AND GOING BEAUTY SALON INCLUDED WITH SALE OF THIS SOLID BRICK BUILDING FOR ONLY ONE PRICE. FULLY-EQUIPPED SALON ON 1ST FLR., 3 BEDROOM APARTMENT WITH UPDATED KITCHEN & BATH ON 2ND FLR. ADJACENT LOT ALSO INCLUDED. OWNER WILL ALSO SELL AS A PACKAGE W/5145 DIVISION FOR A DISCOUNTED PRICE! OWNER LIQUIDATING PORTFOLIO WHICH INCLUDES 5135 DIVISION & 5256 CHICAGO-FOR SMART OPERATOR
This two story mixed use building is ideally situated on a corner lot in the heart of Austin! Building consists of 6 residential apartments and 2 stores and currently generating $75,600. 3-1bed/1 bath and 3-2 bed/2 bath. All are currently occupied. Gross rent multiplier of 6.6!!!
7932 S Kingston is a seven (7) Unit building in Chicago's Historic South Shore neighborhood. It is comprised of six (6) units plus one (1) unit in basement. The six units are divided into three (3) three bedrooms one and half bathrooms, three (3) two bedroom one bathroom, and one (1) one bedroom one bathroom units. Building has potential to be an eight (8) unit, with one unit in basement that needs to be completely built out. Property is 45 feet wide and 125 feet long with two brick two car parking garage's in back. Many recent improvements to building have been completed, from window replacements, furnace replacements and hot water tank for building. Each Unit does have own furnace and hot water tanks. Entire property is enclosed by a rod iron fence.
**Prime Office Space Available!** Elevate your business with this exceptional property in the heart of Ukrainian Village. Featuring 1500 square feet of Grade A quality space, this office is equipped with 4 spacious rooms including a kitchen and bathroom with shower facilities. Enjoy the convenience of a private foyer entry, central air, washer/ dryer in unit, and ample storage space. With its prime location and versatile layout, this property offers endless possibilities for your business needs. Don't miss out on this opportunity - inquire now!
Prime commercial unit for sale! Immediate availability in a high-visibility location, visible from Dan Ryan. Just off the 31st St exit, ideal for retail, service, or office space. Proximity to Chinatown, White Sox Park, Downtown, and IIT make it a strategic investment. Don't miss out on this bustling opportunity!
Great investment store front building in the heart of Belmont-Central area. The building is zoned B3-2 and consists of three individual stores (approx 1250 SF each) within two parcels totalling approximately 3750 SF of building space on a 50x126 lot. 3131 is rented through September 2025 and 3135 & 3137 are leased through December 2028 with interest in future renewals. Please allow 48 hour notice for listing agent to accompany showings.
6 UNITS IN THE FRONT BUILDING WITH FINISHED BASEMENT. COIN-OP LAUNDRY. 2 STORY SINGLE FAMILY HOUSE IN THE BACK WITH CENTRAL HVAC. FRONT BUILDING TUCKPOINTED 10/2023, ROOF 2014 (RECOAT 4 YEARS AGO), WINDOWS 15 YEARS OLD, ROOF FOR COACH HOUSE 11/2023. PRIME LOCATION. CLOSE TO CHINATOWN.
GREAT OPPORTUNITY! 2 unit - mixed use property on the corner lot in Humboldt Park! Needs updating of apartment rental unit of 1500 sq ft. Long standing first floor commercial tenant lease $1350 with two year remaining that would love to stay. Rent is under market because no increases over the last several years. There are many developments by both the city and private investors happening in the immediate area. There are NO city code violations on property. Property being sold "As-Is"
Huge mixed use space in the heart of River North! This unique condo features a full floor unit with a private elevator and over 3000 sqft! The possibilities are endless in this sprawling space! The space caters to Investors looking for a commercial space with huge potential income, Businesses looking for office space/a space to make their own or as a huge residential space. The unit features, 3 offices, large open common space with oak hardwood floors, 2 large storage closets and a full kitchenette. Additionally there is a separate full 1 bedroom 1 bath condo approx 800sqft with oak hardwood floor, granite countertop, stainless steel appliances, large walk-in closet with an on-suite bathroom. If you're looking for a residential space this unit can easily work as a great 4 bed, 2 bath full floor condo as is or can be a great opportunity to renovate and make your own. The location is perfect for any option nestled in River North, short walk to Old Town, Lake Michigan, night life, restaurants, public transportation and more! Come see this amazing space before it's gone!!
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