Chicago Retail for Sale - South Chicago

GSA Leased Property. Initial 10 year Lease with 8 yrs remaining. GSA occupies 8,776sf (67.8%) of the +/-12,901sf one story building. GSA is a relocation from a few blocks away to a more modern facility. The GSA portion is a Social Security Office that has been in the area for over 20 yrs. They have invested nearly one million dollars in the buildout in this location. Rent commencement date for the GSA lease was May 15, 2023. The remaining 4,214 sf consists of 3 value added retail stores. Unit 5255 is +/-1,180sf and is currently vacant. Unit 5257 is +/- 1,575sf and is leased to a nail salon on a mo/mo basis with a gross lease. Unit 5259 is +/- 1,380sf and is leased to a convenience store with a modified gross lease. Newly remodeled building includes new roof, new HVAC systems and total modern interior renovation of the GSA leased space. An added bonus to this investment is that the annual $111, 122 Tenant Improvement allowance reinmbursed to the Landlord thru 5/31/2028 is not factored in the calculated $233,903 NOI. Estimated annual NOI thru 05/31/2028 is approximately $345,025. That increases the cap rate to approximately 10.61% thru May 2028.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-12-04

Chicago Multifamily for Sale - South Chicago

Triton is pleased to present 7200–02 S. Stony Island Avenue, a 24-unit multifamily investment opportunity located in the rapidly appreciating South Shore neighborhood of Chicago. This stately brick walk-up offers a highly desirable unit mix of twelve (12) spacious 2 bed / 1 bath and twelve (12) 1 bed / 1 bath apartments. The property has been meticulously maintained with significant capital improvements, blending modern upgrades with timeless vintage character. Each unit features expansive floor plans, large living rooms, generous bedroom sizes, and abundant natural light. Interior renovations include condo-quality finishes such as stainless steel appliances, in-unit laundry, updated kitchens and baths, and beautifully refinished hardwood flooring. All apartments are equipped with individual HVAC and hot water tanks, reducing owner operating costs. Building-level improvements include updated electrical and plumbing systems, a newer steel rear porch, extensive masonry and tuckpointing work, freshly painted exterior, keyless entry and intercom system installed, new wrought iron gate, security cameras, new doors throughout, and freshly updated interior hallways. South Shore continues to benefit from transformative public and private investment, including the nearby Obama Presidential Center and major infrastructure upgrades. Since ownership acquired the property, beyond the capital improvements, they have increased the gross rent amount by 23% . 7200–02 S. Stony Island offers investors the chance to acquire a stabilized, cash- flowing asset in current condition. A new owner can unlock slight rent increases and achieve an 7.42% cap rate, allowing for a significant cash-on-cash return for many years to come.

Property Subtype:

Apartment

Date on Market:

2025-11-19

Chicago Retail for Sale - South Chicago

We are pleased to present an exceptional investment opportunity—a newly constructed Starbucks property completed in 2022, featuring a secure 10-year lease with Starbucks Corporation (NASDAQ: SBUX S&P: BBB+). This property is strategically positioned as a pad site to Jewel-Osco Grocery Store, ensuring strong consumer traffic and visibility. Situated at highly visible and heavily traveled corner of S. Ashland Ave. and W. 95th Street. The surrounding area is home to a variety of well-established retailers, including McDonald's, Taco Bell, Burger King, Walgreens, BMO Bank, Dollar Tree, and Dunkin' Donuts, Subway and more, making this location highly desirable for continued foot traffic and long-term growth. The asset is backed by a stable NN lease structure, offering minimal landlord responsibilities and ease of management. With over (7) seven years remaining on the lease term, the investment benefits from (4), 5-year extension options, providing long-term stability. Additionally, rent increases of 10% every 5 years ensure steady income growth throughout the lease duration. For more information or inquiries, please contact Michael Murphy or Christopher Mauriello.

Property Subtype:

Storefront

Date on Market:

2025-04-18

Chicago Retail for Sale - South Chicago

PRIME WEST CHATHAM INVESTMENT OPPORTUNITY WITH IMMEDIATE LEASING POTENTIAL Discover an exceptional investment opportunity in Chicago's thriving West Chatham neighborhood! This modern 2005-built retail strip center presents both stable income and significant value-add potential with 3 units currently available for lease, including 1,100-3,000 square feet of contiguous space perfect for expanding tenants or new anchor opportunities. Key Investment Highlights: Flexible Leasing Opportunity: Multiple available units allow investors to control tenant mix and maximize rental income High-Visibility Location: Prominent pylon signage and prime positioning on busy 79th Street corridor Excellent Access: 29 dedicated parking spaces with CTA Red Line proximity driving consistent foot traffic Tenant-Favorable Structure: Modified gross leases with tenants responsible for utilities Turnkey Operations: Well-maintained systems with established infrastructure Additional Opportunity: The current owner operates a successful dry cleaning business on-site, available for purchase or lease-back arrangement, providing flexibility for investors seeking immediate cash flow or business acquisition potential. Former Bank Space: Premium build-out opportunity with existing infrastructure ideal for professional services, healthcare, or specialty retail. This rare combination of immediate rental income potential and prime Chicago South Side location makes this an ideal opportunity for investors seeking both stability and growth in one of the city's most promising commercial corridors

Property Subtype:

Convenience

Date on Market:

2024-11-14

Chicago Retail for Sale - South Chicago

Value-add multi-tenant retail property located just steps from the recently redeveloped Evergreen Plaza, along 95th Street, just west of Western Avenue, in Chicago's Beverly Neighborhood. The 20,392 SF retail building is located within a high traffic commercial corridor surrounded by a mix of national and local retailers. Fronting 95th Street, Tenants benefit from visibility and exposure to 28,000+ VPD. All Tenants are on NNN leases including One Main Financial, Beverly Smiles, Beverly Furniture, and 504 Concepts. The property includes a 20-car parking lot, direct access to public transit including the 95th Street CTA bus stop directly in front of the building, and convenient access to Interstate 57 (I-57), less than three (3) miles to the east. Neighboring retailers include Whole Foods, Walmart, Sam's Club, Meijer, Menards, Chase Bank, Potbelly, Chipotle, Dollar Tree, AT&T, and Planet Fitness, among many others.

Property Subtype:

Storefront

Date on Market:

2024-07-09

Crown Point Portfolio of properties for Sale - Indiana

Two side-by-side duplexes, each offering (2) spacious 2-bedroom, 1-bath units with private 1-car garages. Recent updates include new roofs and siding on both buildings in 2025 Three of four units are currently tenant-occupied on month-to-month leases, providing immediate income with flexibility for future use. Purchase one duplex (2 units) or both (4 units total) — ideal for investors seeking cash flow and long-term appreciation in a prime Crown Point location. Month-to-month rents on 3 units for $1100 each. One vacant unit.

Property Subtype:

Multi Family

Date on Market:

2025-11-04

Lake Station Retail for Sale - Indiana

Property Subtype:

Fast Food

Date on Market:

2025-04-30

Wheeler Retail for Sale - Porter County

Property Subtype:

Auto Repair

Date on Market:

2025-03-06