7,600 SF fully-leased high profile commercial property on 1st fl of newer 5-story, 54-unit condo bldg on Halsted in the heart of the Lincoln Park/East Lakeview commercial district. Divided into 4 units, all of which are leased to long term Dental Masters tenant (leased since 2005), large Dunkin Donuts franchisee (10-year lease in 2020), Cosmetic Surgery of Chicago (5-year lease in 2023) and Beyond Ventures salon (5-year lease in 2023), which provide ~$214,000 in NOI for a 7.2% CAP rate with annual rent escalations. 130' of frontage w/12'+ concrete ceilings. 6 garage parking spaces are available for use by owners and tenants (priced separately). Area tenants incl Dom's Kitchen & Market, Home Depot, Guitar Center, Walgreens, Byline Bank, Trader Joes and numerous local restaurants and neighborhood businesses.
Incredible Opportunity to Own a Value-Add Mixed Use Property on an Oversized Chicago Lot in rapidly appreciating North Center and coveted Coonley School District!!! This property currently consists of Two Individual Storefronts and Four Residential Apartment Units. East Storefront is vacant as well as 1 studio apartment. All four other units including one commercial space and three residential apartments are Month-To Month. Great site for tear down and new development construction in highly desirable CPS Coonley School District!!! Residential Units are a mix of 1 Bedroom and Studio Units!!
**~Mixed-Use Brick Building In The West Roseland Chicago Area On Michigan Avenue~ It Features A 2 Bedroom 1.5 Bathroom Apartment W/ Open Concept Living Room And Dining Room~Full Renovated Kitchen~ Stainless Steel Appliances~ Beautiful Wood Backsplash~With Cabinets W/ Lots Of Storage~1 Restaurant Storefront W/ Everything Included Full Kitchen And A Walk-in Freezer~ This Is One You Don't Want To Miss~Close To Everything~ ( Everything stays except a small pop cooler and the pictures on the wall )**
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.
Unit is located is within a Shopping Mall that has 2 stories of parking at Canal and Archer with parking on the first as well as second floor. PARKING is free. This unit is no longer raw space and has been built out beautifully with a successful business in operation. It would be wonderful for a restaurant as well.
Former St. Camillus campus (church and school): +/- 3 acres of land with +/- 44,000 sf of buildings. Rare large redevelopment site across the street from Midway Airport on a major E/W corridor. Multiple deed restrictions apply, rezoning possible - call LA for details.
Great office or retail space on busy Western Ave in the heart of Bucktown. High foot & street traffic. Approx 1000 sqft w/ 10' ceilings and large storefront windows for tons of natural light. Zoned B3-2 which allows for a variety of uses. No food or Liquor business allowed. Just north of the Blue-Line and a few blocks to I-94/I-90. 4 commercial condo units on ground floor. Monthly assessment is $188. Current tenant has a lease til April of 2025. Owner has appealed taxes and 2023 have been reduced to $8,144.
MIXED USE PROPERTY LOCATED IN UP AND COMING ENGLEWOOD. THIS PROPERTY IS CENTRALLY LOCATED CLOSE TO THE EXPRESSWAY, MIDWAY AIRPORT, AND TONS OF NEW DEVELOPMENT. THIS IS A CCLB PROPERTY BUYERS MUST APPLY DIRECTLY ON CCLB WEBSITE. PER CCLB GUIDELINES BUYERS MUST BE LOCAL.
Auto repair building overlooks Edens, Interstate I-94, at Foster Avenue, with visibility from the highway. The existing structure is 2-story (3,350sf per floor)with apartment/office on second floor. The auto service has 4 repair bays (two with 10' doors and two with 14' doors).
Auto repair building overlooking Edens Interstate I-94, at Foster Avenue, with visibility from the highway. The existing structure is 2-story (3,350 SF per floor) building with apartment/office on second floor. The auto service has 4 repair bays (2 with 10' doors and 2 with 14' doors).
Investors, Business Owners, and Developers Read! Great opportunity to own a mixed use property in Chicago's New City. Bring your vision to this 5 unit building; per previous listings, unit breakdown is 3 apartments and two storefronts. Seller is Cook County Land Bank Authority. All interested parties must register with at their website prior to viewing. Being sold in AS IS / WHERE IS condition with no representations, warranties. Buyer responsible for and must perform ALL due diligence. Please refer to Cook County Land Bank website for offer deadline.
TREMENDOUS OPPORTUNITY FOR OWNER OCCUPANT OR INVESTOR . ALL BRICK MIXED-USE BRICK BUILDING IN PORTAGE PARK LOCATION CONSISTS FULLY FIXTURED RESTAURANT/BAR/BANQUET AREA W/TRADE FIXTURES, EQUIPMENT, TABLES & CHAIRS ON GROUND LEVEL AND 2 BEDROOM APARTMENT ON SECOND FLOOR. ALL BRICK 3875 SQ FT BUILDING WITH FINISHED BASEMENT, SEPARATE UTILITIES AND ROOF TOP DECK. VERY SUCCESSFUL "MARTINI CLUB" CURRENTLY HAS OFFICIALLY PAUSED OPERATION AT THE END OF 2017, STILL HOLDS ALCOHOL/RESTAURANT LICENSE (ASK FOR DETAILS). THIS PROPERTY IS LOCATED ON A HIGH PEDESTRIAN AND VEHICLE TRAFFIC AVENUE, GREAT EXPOSURE
Opportunity to own in great location with tons of street traffic. This property was previously used as an auto repair shop and is currently vacant and ready for new owner.
Buyer's pre-approval letter required with requested access. 2-Story mixed-use building with finished basement in the middle of Devon Ave. at Claremont Ave., heavy traveled and trafficked mixed district combining business, shops, and professional dense corridor. Approximately 14,000 Sq. ft. building with additional full finished basement space. Consisting of 7-street level commercial stores, 7-large newer units on the 2nd level, and 13-residentil rooms on the main level. Lots of recent improvement through the whole building interior and exterior. Strong occupancy all year-round. Walking distance to all convenient retailers, shops, entertainments, and public transportations. Rent roll and expenses are actual.
The site is located in Chicago's South Shore Community on the northeast corner of 75th St and Jeffery Blvd., a four way traffic light intersection. The area is densely populated and the site is in a vibrant mixed use business district area. The new South Shore College Prep High School is on the southeast corner of the same intersection. The major shopping district with some big box is located less than a half mile north on Jeffery Blvd.
Three store fronts, corner store currently vacant, middle space leased to a tax preparation service, and southern most store leased as a restaurant.
2,700 SF of store front with approximately 25 feet of frontage on busy Lawrence Ave in Portage Park neighborhood. Off-street parking at rear of the building. Previously operated as a Deli and Grocery Store. Partially equipped with commercial kitchen and refrigeration equipment. This space is ideal for a commercial kitchen, catering company, ghost kitchen, bakery, and deli. Or redevelop. Property is sold AS-IS.
The subject property is located at the SEC of Wabash Avenue and 13th Street in Chicago's vibrant South Loop with close proximity to the Loop, Michigan Avenue, and the Museum Campus. This building sits on a lot line of 55' on Wabash and 171' on 13th Street. Current zoning is DX-7, which provides for commercial on the ground floor and residential or office on the upper floor. Currently, there is a vacant 2-story building on the site with a former restaurant infrastructure in place on the first floor and the second floor built out for a residence and a photography studio. Developers will find the potential TOD zoning appealing and a higher density on the site. Restaurants and cannabis tenants will show interest in the location. Easy access to Lake Shore Drive and the Dan Ryan via the Roosevelt Road thoroughfare one block north. The Red, Orange, and Green lines at Roosevelt Road provide access to the downtown, northside, Midway Airport and McCormick Place.
(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.
Freestanding building approximately 700sf on a +/-5,250sf corner lot. The site has 2 curb cuts. One on 119th St and another on Parnell. Ideal location for small office, retail or restaurant. The interior was recently remodeled.
Solid investment in a newer building on busy Cicero Avenue with off-street parking and many build-outs. Fully rented, 7% cap rate,below market rents with upside potential. Building is near CTA El station.
Church has two (2) restrooms and a small area in the back of the house. On the lot behind the building, there is 50-60 feet of space that can be used to build out/add on to create a Pastor's Office and a garage/parking pad.
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.
Mike Godziszewski
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Mike Godziszewski 6 E. Miner St., Arlington Heights, IL 60004 | Phone: (773) 954-7097 | Email: mgodziszewski@starckre.com
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