Commercial Real Estate in Chicago available for sale
Chicago 1031 Exchange Properties For Sale

1031 Exchange Properties for Sale in Chicago, IL, USA

More details for 1210 W 83rd St, Chicago, IL - Multifamily for Sale

1210 W 83rd St

Chicago, IL 60620

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,138,879 CAD
  • 25,695 SF
  • Kitchen
  • Smoke Detector

Chicago Multifamily for Sale - South Chicago

UNRIVALED 25-UNIT VALUE-ADD OPPORTUNITY IN THE HEART OF AUBURN GRESHAM Strike while the market is hot with this massive brick mixed-use powerhouse located at 1206-1210 W 83rd St. Positioned as the most competitive investment in the 60620 zip code, this asset is priced for a high-octane liquidation at just $799,000. This is a rare chance to secure a scale-level project at approximately $32,000 per door in a submarket that has seen a 21.7% year-over-year increase in median listing prices. The heavy lifting on capital expenditures has already been initiated with five units completely transformed into designer showcases. These renovated units feature sleek shaker cabinetry paired with premium white quartz countertops and a full suite of stainless steel appliances. The aesthetics are elevated by modern porcelain tile in the bathrooms, sophisticated matte black fixtures, and a mix of luxury vinyl plank and meticulously refinished original hardwoods. Throughout the building, new vinyl windows provide immediate energy efficiency and longterm cost savings. Operating at 45% occupancy, this property offers an immediate lease-up upside at 2026 market rates. The five high-visibility storefronts under flexible B3-2 zoning provide a versatile commercial engine or potential for residential conversion. Furthermore, the bottom line is set for a massive boost with property taxes projected to drop from $29k to low teens next year. Forget the "unknowns" of a total gut rehab. We've already done the heavy lifting on the most critical components: Renovated Showcase Units: 5 units have been completely transformed with high-end designer finishes to set the new building standard. Designer Kitchens: Sleek shaker cabinetry, premium quartz countertops, and a full suite of stainless steel appliances. Spa-Inspired Baths: Modern porcelain tile, matte black fixtures, and custom LED lighting. Premium Flooring: A sophisticated mix of Luxury Vinyl Plank (LVP) and meticulously refinished hardwood. Energy Efficiency: The building features updated vinyl windows throughout, drastically reducing future CapEx. System Integrity: Recent maintenance includes fixed leaks and plumbing updates, ensuring a smoother transition for the new owner. THE UPSIDE: THE NUMBERS DON'T LIE Immediate Lease-Up Potential: Currently 45% occupied, allowing you to hand-select your tenant base at 2026 market rates. Commercial Engine: 5 vacant storefronts under flexible B3-2 zoning-perfect for retail, service, or potential residential conversion. Tax Transformation: Significant bottom-line boost incoming with property taxes projected to drop from $29k to just low teens next year. Priced to Move

Contact:

Prime Real Estate Group

Property Subtype:

Apartment

Date on Market:

2026-05-29

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More details for 616-620 Roosevelt, Chicago, IL - Retail for Sale

616-620 Roosevelt

Chicago, IL 60607

  • 1031 Exchange Property
  • Retail for Sale
  • $1,558,984 CAD
  • 5,293 SF
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More details for 163 W. Division / 1143 N. Wells – Retail, Flex for Sale, Chicago, IL

163 W. Division / 1143 N. Wells

  • 1031 Exchange Property
  • Multifamily for Sale
  • $4,662,716 CAD
  • 6,145 SF
  • 7 Multifamily Properties
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More details for 66 E 103rd St, Chicago, IL - Retail for Sale

Roseland Retail Center - 66 E 103rd St

Chicago, IL 60628

  • 1031 Exchange Property
  • Retail for Sale
  • $2,847,460 CAD
  • 19,919 SF
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More details for 1748 N Harlem Ave, Elmwood Park, IL - Retail for Sale

1748 N Harlem Ave

Elmwood Park, IL 60707

  • 1031 Exchange Property
  • Retail for Sale
  • $2,949,139 CAD
  • 7,420 SF
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More details for 940 Judson Ave, Evanston, IL - Multifamily for Sale

Abby Garth Apartments - 940 Judson Ave

Evanston, IL 60202

  • 1031 Exchange Property
  • Multifamily for Sale
  • $12,457,638 CAD
  • 37,560 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Evanston Multifamily for Sale - Near North

Abbey Garth Apartments Majestic 26 unit multifamily building in a prime east Evanston location. Incredible historic property with enormous apartments and a varied unit mix. From spacious one bedroom units up to 4 bedroom 3 bathroom apartments. First time available is 20 years. Built in 1926 by the renowned architect Samuel N. Crowen - the property is an Evanston Landmark and is on the National Register of Historic Places. This is a one of a kind property. Central boiler (new 2025) provides steam heat to the updated vintage style apartments. Three of the units were gutted down to the studs and have central HVAC and in unit washer dryers. The remainder of the units are in updated vintage type condition on steam radiators. Eight (smallish) garage spaces offer additional storage and or parking for small vehicles. Storage lockers in basement along with two tenant laundry rooms (machines owned). Besides being a historic beauty - the thing that makes this property unique is the size of the units - huge. Units are rented below market and income could be increased via refurbishing kitchens and bathrooms. But the true potential for upside is in converting 1 bedroom units (900-1,000sf) into two bedroom apartments and so forth. See floor plans. Massive upside. Building is 100% occupied. Call or email for more details, rent roll, proforma, schedule showing, etc.

Contact:

Wall Properties, Inc.

Property Subtype:

Apartment

Date on Market:

2026-03-02

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More details for 5224 N Northwest Hwy, Chicago, IL - Retail for Sale

Taco Bell - 5224 N Northwest Hwy

Chicago, IL 60630

  • 1031 Exchange Property
  • Retail for Sale
  • $3,261,193 CAD
  • 2,232 SF
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More details for 5259 S Ashland Ave, Chicago, IL - Retail for Sale

5259 S Ashland Ave

Chicago, IL 60609

  • 1031 Exchange Property
  • Retail for Sale
  • $4,918,987 CAD
  • 12,901 SF
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More details for 9438 S Ashland Ave, Chicago, IL - Retail for Sale

9438 S Ashland Ave

Chicago, IL 60620

  • 1031 Exchange Property
  • Retail for Sale
  • $3,557,901 CAD
  • 2,400 SF
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More details for 556 47th St, Chicago, IL - Land for Sale

Bronzeville Land Parcel Available - 556 47th St

Chicago, IL 60653

  • 1031 Exchange Property
  • Land for Sale
  • $1,644,408 CAD
  • 21,000 AC Lot

Chicago Land for Sale - South Chicago

Presented by the Midwest Investment Advisors team with KW Commercial and Keller Williams ONEChicago. Located in the thriving neighborhood of Bronzeville, Chicago, this land parcel portfolios offers a prime opportunity to invest in an area poised for development. With significant cultural value and a rapidly growing economic landscape, Bronzeville is attracting attention from developers, businesses, and investors alike. This land portfolio includes 2 parcels, all strategically located to capitalize on the neighborhood's ongoing revitalization and increasing demand for both residential and commercial developments. The land parcels in this portfolio range in size and zoning, offering flexibility for various development possibilities. These include: 556 E 47th St. | 14,980 SF | Zoned B3-2. | APN - 20-03-424-025-0000 4644 S Saint Lawrence | 6,020 SF | Zoned B3-2. | APN - 20-03-424-017-0000 Total | 21,000 SF | Zoned B3-2. | Purchase Price - $1,155,000 Bronzeville Neighborhood Development Bronzeville has become a key area for urban development in Chicago, benefiting from several major projects. The Bronzeville Lakefront Project is one of the largest undertakings in the area, transforming the former Michael Reese Hospital site into a mixed-use development that includes residential units, retail, and office spaces. Additionally, the Artis Senior Living Center and Boxville Marketplace continue to shape the neighborhood’s identity, bringing commercial activity and community-focused ventures to the area. Positive Economic Indicators Bronzeville’s economic outlook is highly favorable for investors: Rising Property Values: The neighborhood has seen significant appreciation in property values, fueled by development projects and increasing demand. Job Growth: Employment opportunities, particularly in healthcare, education, and technology, are expanding, contributing to the neighborhood's economic vitality. Transportation Access: Bronzeville boasts excellent public transportation options, making it a convenient location for both residents and businesses. Overall, this land parcel represents a strong investment opportunity in a neighborhood that combines historical significance with modern economic growth. With competitive pricing and a variety of development possibilities, these land parcels are well-positioned to benefit from the ongoing transformation of Bronzeville.

Contact:

Midwest Investment Advisors

Property Subtype:

Commercial

Date on Market:

2025-03-30

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More details for 700 W Irving Park Rd, Bensenville, IL - Retail for Sale

CVS/AutoZone NNN 15-yrs Plus Chicago IL - 700 W Irving Park Rd

Bensenville, IL 60106

  • 1031 Exchange Property
  • Retail for Sale
  • $5,427,259 CAD
  • 10,941 SF

Bensenville Retail for Sale - O'Hare

HMX Realty Advisors exclusively presents for sale a rare opportunity to acquire a property featuring a restructured absolute triple net lease with CVS, an investment-grade tenant (NYSE: CVS), further enhanced by a sublease with AutoZone, a leading auto parts retailer. This structure offers an exceptionally secure and predictable income stream for the next 17 years, mitigating typical retail investment risks. CVS entered a new 20-year lease in 2022 in exchange for a significant rent reduction. Key Advantages: Investment-Grade Security: While the property is currently occupied by AutoZone, the primary lease obligation rests with CVS, a Fortune 500 company. This provides a substantial layer of financial security, as CVS remains contractually bound to the lease, regardless of AutoZone's occupancy. This eliminates the risk of vacancy or tenant turnover typically associated with single-tenant properties. Think of it as having the stability of CVS as your tenant, even with the benefit of AutoZone's daily operations. De-risked Retail Investment: Unlike traditional retail investments, where tenant closures are a concern, this property has already navigated that potential challenge. CVS strategically subleased the location to AutoZone after getting a significant rent reduction and more lease term. This proactive approach by CVS effectively de-risks the investment for you. Strong Location & Market: The property is situated in a high-traffic area in Bensenville, near O'Hare International Airport, and benefits from the strong retail presence of nearby Walgreens. This prime location contributes to the success of AutoZone and reinforces the long-term value of the real estate. Attractive Entry Point: The current rental rate of $194,450 per year reflects a strategic rent reduction negotiated by CVS in conjunction with their 20-year lease extension. This creates an attractive entry point for investors seeking a stable, long-term return with no management responsibilities whatsoever. Unique Investment Narrative: This property offers a compelling narrative – a secure, long-term lease with an investment-grade tenant, enhanced by a successful sublease to a well-established retailer. This unique structure allows for a lower cap rate justification, reflecting the reduced risk profile compared to typical retail investments. The property is very close to O’Hare International Airport in Chicago, one of the busiest airports in the United States. There are many shipping and warehousing uses nearby which service the airport and give this area a significant daytime population. Retailers in the immediate area include PB, Popeye’s, Dunkin Donuts, Speedway, UPS, Burger King, Shell, Walgreens and McDonald’s.

Contact:

HMX1031.COM

Property Subtype:

Freestanding

Date on Market:

2025-02-26

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More details for 105 W Madison St, Chicago, IL - Office for Sale

105 W Madison St

Chicago, IL 60602

  • 1031 Exchange Property
  • Retail for Sale
  • Price Upon Request
  • 6,700 SF
  • 1 Unit Available
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More details for 2301-2323 W 95th St, Chicago, IL - Retail for Sale

Windfall Plaza- Beverly - 2301-2323 W 95th St

Chicago, IL 60643

  • 1031 Exchange Property
  • Retail for Sale
  • Price Upon Request
  • 20,392 SF
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More details for 2454 Oakton St, Evanston, IL - Sports & Entertainment for Sale

2454 Oakton St

Evanston, IL 60202

  • 1031 Exchange Property
  • Sports & Entertainment for Sale
  • $8,898,313 CAD
  • 67,800 SF
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More details for Investment Grade Portfolio Offering – Retail for Sale

Investment Grade Portfolio Offering

  • 1031 Exchange Property
  • Specialty for Sale
  • $562,373 CAD
  • 3,200 SF
  • 3 Specialty Properties
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