Chicago Multifamily for Sale - South Chicago

Cash OR Conventional, NO OWNER FINANCING, and sold AS-IS. Rehabbed, Fully Rented, and Completely Turnkey with Property Manager on the premises. All tenants are current and listed at a 9.2 CAP. This is a fantastic opportunity to acquire a rehabbed building located on Independence Boulevard right in the up-and-coming neighborhood of North Lawndale. This 18-unit building offers a great unit mix of 2,3 and 4-bedroom units. The building has 12 units of 2BR/1BA, 3 units of 3BR/1BA and 3 units of 4BR/1BA. The basement has a coin laundry room with 3 washers and 3 dryers. Security cameras have been installed around the building. Each unit has its own gas meter, water heater, and electric meter. The current monthly rent roll is $24,678.

Property Subtype:

Apartment

Date on Market:

2026-06-25

Blue Island Multifamily for Sale - Near South Cook

Multifamily Investment in Blue Island! Solid all-brick 6-unit building. Fully occupied with long term tenants. Five 2 bedroom 1 bath & One 1 bedroom one bath apartments. Tenents utilities include electric and cooking gas. Off street parking & common laundry area for additional income. Below market rents provide strong value-add opportunity for future rent growth. SELLER FINANCING AVAILABLE for qualified and experienced buyer.

Property Subtype:

Apartment

Date on Market:

2026-06-24

Alsip Retail for Sale - Near South Cook

SVN Chicago Commercial proudly presents this amazing auto repair business and real estate for sale at the very busy stoplighted intersection of 123rd and Cicero Ave. The current owner has been operating at this location since 2011. With its prime location, this property would be a perfect addition to anyone's auto-related portfolio, but can also be an excellent redevelopment site. Seller financing is available with a 50% down payment! This property boasts 2 bays, 4 lifts, and a 2-stage air compressor. There is outdoor parking on site, and the lot has been recently restriped. The building is equipped with triple basin drainage, security cameras, and window air conditioners. The digital marketing sign is leased by the Village of Alsip, and they pay $6,800/year.

Property Subtype:

Auto Repair

Date on Market:

2026-06-12

Chicago Multifamily for Sale - South Chicago

Property Subtype:

Apartment

Date on Market:

2026-05-01

Niles Retail for Sale - Near North

Prime Investment Opportunity | 6% CAP Rate | Fully Leased Retail Property in Niles Exceptional opportunity to acquire a fully leased, two-unit masonry retail building in a high-visibility, high-traffic location in Niles. Positioned prominently at the corner of Milwaukee Ave and Jonquil Terrace, this property offers strong in-place income and long-term upside. Property Highlights: • 6% CAP Rate with stable, long-term tenants • 6,000+ sq ft building on a 10,564 sq ft lot • Zoned C-3 (Commercial) – ideal for a variety of uses • Two retail units: o Unit 1: approx. 3,029 sq ft o Unit 2: approx. 2,280 sq ft • Both units are fully leased with long-term lease agreements Visibility & Location: • 123.20 ft of frontage on Milwaukee Ave • Approx. 26,200 vehicles per day (VPD) for maximum exposure • Located just north of Howard & Milwaukee intersection • Easy access to major expressways, public transportation, and retail corridors Building Features: • 12–14 ft ceilings for flexible retail layouts • Well-maintained property with strong curb appeal • ADA-compliant restrooms (men’s & women’s) • Ample signage opportunities • 200-amp electrical service • Private parking lot for ~30 vehicles plus additional street parking • Professionally landscaped exterior Future Potential: • Excellent retail build-out already in place • Potential for mixed-use or redevelopment • Possible TIF incentives available through the Village of Niles Nearby Businesses: Situated among established retailers and destinations including Kouklas Ristorante, Taco Bell, Baskin Robbins, and Lone Tree Manor Banquet Hall. Additional Details: • 3 PINs: 09252110010000, 09252110020000, 09252110030000 • Please do not disturb tenants • Showings by appointment only – contact Mayur Trivedi: 847-692-2268 For security and verification purposes, online meetings are scheduled only after a proper introduction and exchange of valid contact information.

Property Subtype:

Freestanding

Date on Market:

2026-04-28

Chicago Retail for Sale - Northwest City

Prime corner auto-sales property with stoplight exposure, LEGAL non-conforming auto-sales entitlement, and over 90 years of uninterrupted dealership operation. This is a rare opportunity to acquire a proven, legacy auto dealership location right in the heart of Chicago’s long-established automotive corridor along North Cicero Avenue — a stretch that begins around Addison Street and runs south with decades of continuous used-car retail activity. Cicero Avenue (Illinois Route 50) is one of Chicago’s busiest commercial arterials and a designated state highway, offering exceptional traffic flow and uninterrupted visibility. The property consists of approximately 6,250 SF of land with efficient layout, dual curb cuts from Drummond, alley access, and strong corner presence. A CTA bus stop sits immediately at the intersection, increasing visibility and daily exposure. The lot is well-lit for nighttime display and includes a monument sign on the corner, maximizing branding and drive-by recognition. The freestanding building supports dealership operations with four private offices, two restrooms, a kitchen/break area, and a single-car garage that functions well for storage, detailing prep, or administrative overflow. The interior layout is ideal for retail automotive operations, finance desks, customer waiting, and on-site management. The combination of indoor workspace and exterior lot efficiency makes this a turn-key opportunity for an operator who needs both visibility and functional office space. Despite its B1-1 zoning, the property benefits from a grandfathered LEGAL non-conforming auto-sales right, allowing a new owner to continue operating a dealership without zoning changes, variances, or special approvals. This entitlement is exceptionally valuable in Chicago, where new auto sales uses are difficult to entitle under current zoning and city rules. Located at the signalized intersection of Cicero & Drummond, the property enjoys strong north-south vehicle counts and excellent sightlines. The area is surrounded by dense residential neighborhoods, national retailers, independent businesses, service commercial operators, and numerous long-standing auto retailers — providing a consistent customer base and strong daytime population. The property is strategically positioned for independent used car dealers, buy-here-pay-here operators, cash car retailers, or regional and national automotive tenants seeking an in-city expansion site. HIGHLIGHTS • Located on Illinois Route 50 (Cicero Avenue) • In the core of Chicago’s historic auto-sales corridor (Addison southward) • 90+ years of continuous auto-sales operation • LEGAL non-conforming auto-sales entitlement • Corner lot with stoplight + CTA bus stop • Approx. 6,250 SF lot with dual curb cuts + alley • Four offices, two restrooms, a kitchen, and a one-car garage • Ample lot lighting for nighttime display • Monument signage on the corner • Strong visibility + long frontage • Surrounded by dense rooftops and a heavy daytime population • Ideal for auto sales only (no mechanical repair) • OWNER FINANCING AVAILABLE This is a rare opportunity to secure a legacy dealership pad in a corridor that has supported automotive retail for generations. Perfect for independent dealers, BHPH operators, cash-car retailers, and auto groups seeking a Chicago presence.

Property Subtype:

Auto Dealership

Date on Market:

2024-06-15

Chicago Portfolio of properties for Sale - South Chicago

RARE PORTFOLIO OPPORTUNITY - EXCEPTIONAL INVESTMENT OPPORTUNITY! Former St. Michael Catholic School portfolio featuring 6 properties on separate PINs including church, rectory, school buildings, 2-unit with retail storefront, and single-family home. Substantial square footage across multiple buildings just blocks from Lake Michigan in South Shore. Located minutes from new data center development - prime positioning for tech-related adaptive reuse! Portfolio includes: multi-story main school with numerous classrooms, multi-stall bathrooms, basement food prep area, lunchroom/recreation hall, plus single-story annex with additional classrooms, bathrooms, and food prep area, multi-story convent, church, and 2-unit with retail providing immediate income potential. RS-3 zoning allows residential, community, civic & commercial uses. Institutional-quality construction perfect for creative redevelopment. Data center proximity creates unique opportunities for office space, tech facilities, or specialized uses. Ideal for investor/developer seeking diverse income streams - excellent for multi-unit residential conversion, mixed-use development, or commercial applications. Properties can potentially be purchased separately. Additional parking potential available through adjacent properties on S. South Shore Drive. All properties sold AS-IS. Buyer to verify all information. Bring your vision to this unique offering in emerging tech corridor! Contact Brittany Ramsey for more details and private showings. Seller financing and lease to own available with portfolio.

Property Subtype:

Mixed Types

Date on Market:

2025-10-10

Chicago Retail for Sale - Northwest City

GREAT AUTO SALES/RETAIL LOT ON CICERO, HIGH VISIBILITY, Excellent Frontage along 2200 N Cicero, Built for an auto dealership use, Ideal for automotive sales and related businesses. APPROX 100 SQ FT OF FRONTAGE ON CICERO C2-1 ZONING, 25,800 Vehicles pass this location a day 25,800 VPD, Business and real estate, very rare opportunity, Owner is retiring, The building is approx, 1500 SQ FT - The land is 10,900 SQ FT, Four Brand New 30 FT Driveways 4 Curb Cuts 2 Curb Cuts on Cicero. Take advantage of this exceptional opportunity. this property offers unmatched visibility and accessibility Don't miss this chance to own a very well know standout used auto sales operation, This currently is a long time very successful used car sales operation, This was and is currently the premier used muscle car sales dealership in Chicago for many decades, Known as the Great Auto Race, Right on the stoplight hard corner of Cicero and Palmer, This is a 50 Year old well Running and established Business, This is a very high Traffic Money maker. Best auto lot on Cicero. This offering is TURN KEY, The building features 6 offices and a Paved auto display area surrounding the building, Please see the Floor plan. Full Roll Away security fence in place for nighttime security, 1 restroom and full Bath/Shower. Full HVAC Gas forced air, Fully Sprinklered, Its flexible zoning allows for a variety of commercial uses, retail, auto retail, office, Fast food service. The city of Chicago zoning department has approved for this location to remain as auto sales if the new buyer is in that business. Close to public transportation, Shopping, restaurants and other retail, Please Note, Owner will review the financials with the prospective buyer privately, Owner can also offer seller financing for the right buyer upon full financial approval. Two pin numbers - Pin lot ONE 13332140380000 and Pin lot TWO 13332140390000, Call Listing Broker for showing.

Property Subtype:

Auto Dealership

Date on Market:

2025-03-10

Chicago Multifamily for Sale - South Chicago

Nestled in the heart of Chicago's rapidly growing Washington Park neighborhood, this fully occupied, six-unit building offers a blend of stable cash flow and exceptional future potential. Located near the University of Chicago and the expansive Washington Park, this property is positioned to benefit from the area's ongoing development, including the future Obama Presidential Center. With property values steadily rising, this investment represents a rare opportunity for savvy investors. Boasting a classic stone facade and a grand marble entryway, this well-maintained building exudes timeless charm. Each of the six spacious 3-bedroom, 1-bath units spans 1,800 square feet, featuring high ceilings, formal dining rooms, real pantries, private back decks, and beautiful bay windows that flood the interiors with natural light. Hardwood floors and well-kept common areas add to the appeal, ensuring tenant satisfaction and full occupancy. Additionally, the building generates extra income through coin-operated laundry facilities and offers gated parking with a two-car brick garage. With a solid 10% cap rate and a history of long-term tenants, this property is a proven income generator. For investors looking to maximize returns, there is untapped potential in the lower level, where a 7th and possibly 8th unit could be developed, both areas have ingress and egress access. Updates include a 2011 boiler to enhance the property's efficiency. The seller is open to discussing owner financing terms provided the seller is in first position with collateral, thereby expanding this armchair investment opportunity to the widest pool of entrepreneurs. This is your chance to make this Washington Park money maker work for you.

Property Subtype:

Apartment

Date on Market:

2024-11-01

Chicago Land for Sale - South Chicago

As is, where is, deal only. Seller is willing to offer seller financing as a purchase option subject to credit approval.

Property Subtype:

Commercial

Date on Market:

2021-10-08

Chicago Specialty for Sale - Northwest City

Well established laundry business! Laundry business clients include: Restaurants, medical offices, dental offices and small hospitals. Property features: 15,000 sq ft warehouse with overhead loading area which sits on 7 lots. Best of the best laundry equipment. Nice 2nd floor recently updated offices. Radiant heat, camera system, New HVAC units, & new roof! 4 trucks & 3 vans included. Great central location! Downtown and all expressways minutes away! location Owner is very flexible on terms. Creative seller with owner financing available.

Date on Market:

2025-09-01

Chicago Retail for Sale - Fulton Market/Near West Side

ZERO LANDLORD RESPONSIBILITY AND 0% SELLER FINANCED OPPORTUNITY IN ULTRA PRIME WEST LOOP. JUST SOUTH OF MADISON/RACINE STOPLIGHT INTERSECTION. 6.7% CAP W/22.2% LEVERED ANNUAL RETURN DURING 0% SELLER FINANCING PERIOD. ***$400K PURCHASE PRICE, $100K DOWN, $300K SELLER FINANCED FOR 0% FOR 30 MONTHS***NOI OF $24,051. AT THE END OF 30 MONTHS, BALANCE WOULD BE ROUGHLY $244,500 & SELLER WILL CONTINUE TO CARRY FINANCING AT 6% BEYOND THE 30 MONTH PERIOD. SELLER WILL CONTINUE TO MANAGE, ERGO ZERO LANDLORD RESPONSIBILITY. REAL ESTATE OFFICE HAS OCCUPIED THE SPACE FOR 11+ YEARS. OTHER SPACES AVAILABLE WITH SIMILAR TERMS IN WEST LOOP, WICKER PARK & LAKEVIEW. TENANT PAYS ALL UTILITIES AND THEY ARE SEPARATELY METERED FOR THE SPACE.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2020-05-26