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

Morris Industrial for Sale - Grundy County

PRICE REDUCTION: $8,750,000 I-80 LOGISTICS HUB | 127K SF Industrial Facility w/ M-2 Zoning. HIGHLY DIVISIBLE & SELLER FINANCING AVAILABLE (20% Down).AGGRESSIVELY PRICED OPPORTUNITY in the I-80 Logistics Corridor The exclusive listing advisor is pleased to present the opportunity to acquire 2000 Ashley Road, a 127,345 SF industrial facility strategically positioned in the high-demand Morris, IL / I-80 submarket. This property stands out as a top value-add proposition, offering a rare combination of a functional, existing warehouse structure, significant land, and unparalleled operational flexibility. INVESTMENT & OWNER-OPERATOR HIGHLIGHTS: ATTRACTIVE SELLER FINANCING: Exceptional opportunity for qualified buyers! The seller is offering flexible, non-recourse owner financing terms with a minimum of 20% down payment, significantly reducing upfront capital expenditure and offering a streamlined closing process compared to conventional lending. UNMATCHED FLEXIBILITY & VALUE: The building can potentially be split into up to three (3) individual units, offering investors the ability to execute a multi-tenant lease-up strategy, or an owner-operator the chance to occupy one portion and generate income from the remainder. HEAVY ZONING ADVANTAGE: Featuring coveted M-2 Heavy Industrial Zoning across the entire 6-acre site (with an additional 6 acres available), this is one of the few properties in the market that can accommodate intensive uses such as outdoor storage, truck/trailer parking, and heavy manufacturing. Logistics & Connectivity: Located less than 3 miles from Interstate 80 and just 10 miles from the CenterPoint Intermodal Center – Joliet/Elwood, the nation's largest inland port. Offers superior last-mile and regional distribution capabilities. Functional Building Specs: The 127,345 SF facility features a 19-foot clear height, wet sprinklers, nine (9) docks, one (1) drive-in door, and ample power to meet all modern demands. Don't miss the chance to acquire a flexible, heavy-zoned, and income-generating asset in the heart of one of the Midwest's most critical distribution hubs.

Property Subtype:

Manufacturing

Date on Market:

2024-10-29

Forest Park Retail for Sale - Cicero/Berwyn Area

charlie's restaurant: a dining staple since 1981 perfect opportunity to own a beautifully remodeled property; best for any restaurant concept, special events space or convert to retail/residential. nestled close to chicago. (serious inquiries only| owner financing not available| agent commission yes)

Property Subtype:

Restaurant

Date on Market:

2024-08-19

Chicago Multifamily for Sale - South Loop

Commercial condo available - ideal for owner/user or as investment. Possible owner-financing available. Also available for lease.

Property Subtype:

Apartment

Date on Market:

2024-05-17

Moline Hospitality for Sale - Greater Moline

The Moline Bell Hotel in Moline, Illinois, is a remarkable historic property now available for sale, offering a unique opportunity for investors or entrepreneurs. Excellent investment opportunity. Well-located hotel with strong potential. Seller financing available for qualified buyers, making this an attractive opportunity for investors. Moline Bell Hotel Strategic Hospitality Asset – Value-Add Investment Opportunity 99 Keys An exceptional opportunity to acquire Moline Bell Hotel, a well-located hospitality property positioned within the growing Quad Cities region of Illinois. This asset presents investors with the chance to operate an established hotel while unlocking additional value through modernization, branding, or repositioning strategies. Situated at 2501 52nd Avenue in Moline, Illinois, the property benefits from excellent accessibility and proximity to regional attractions, shopping districts, and transportation routes. Property Snapshot The hotel features approximately 90 guest rooms, offering a comfortable lodging option for travelers visiting the Quad Cities area. Originally constructed in 1978 and renovated in 2014, the property spans two floors and is designed for efficient operations and guest accessibility. Key property features include: 90 guest accommodations Two-story hotel layout Complimentary on-site parking Smoke-free environment Free Wi-Fi in rooms and common areas Pet-friendly accommodations Daily housekeeping services Guest Experience Rooms are designed with practicality and comfort in mind, offering amenities that cater to both short-term and extended stays. Typical room features include: Air-conditioned rooms Cable television Complimentary wireless internet In-room conveniences including bottled water Work areas and functional furnishings These accommodations provide guests with a comfortable and reliable lodging experience while maintaining operational simplicity for hotel management. Strategic Location Moline Bell Hotel benefits from its location within the Quad Cities metropolitan area, a region that attracts both business and leisure travel. Nearby demand drivers include: Mississippi River attractions Vibrant Arena at The MARK event center John Deere Pavilion and business district Regional parks and recreational areas Major shopping destinations including SouthPark Mall The hotel is also located minutes from Quad City International Airport, enhancing accessibility for business travelers and visitors. Investment Potential Moline Bell Hotel represents a value-add hospitality investment with several potential growth strategies: Operational improvements and modernization Rebranding or boutique repositioning Targeting regional corporate and airport traffic Capital improvements to increase ADR and occupancy With strong regional demand and proximity to major transportation corridors, the property offers significant upside potential for experienced hospitality investors. Investment Highlights 99-room hotel asset in the Quad Cities market Excellent access to airport, highways, and retail centers Established hospitality property with operational infrastructure Opportunity for renovation, repositioning, or brand affiliation Growing regional economy with tourism and business travel demand ? Ideal Buyer:Hospitality investors, hotel operators, or groups seeking a repositioning opportunity in a stable Midwest market.

Property Subtype:

Hotel

Date on Market:

2024-03-04

Illiopolis Specialty for Sale

NEW CONSTRUCTION--Very energy efficient--high end Heat Pump Mini Split HVAC system--extra insulation, unique insulated block crawl space--convenient location between Springfield IL (IL State Capital), Decatur, IL (ADM/Catepillar) and Bolingbrook (State Farm/Rivian)--INVESTMENT TAX CREDIT FOR NEW HEAT PUMPS--UP TO $2,000 PRICE INCLUDE NEW SOLAR ROOF INSTALLATION--AND INCLUDES OVER $50,000 OF IMMEDIATE TAX CREDITS, STATE REBATES AND BONUS DEPRECIATION (FOR 35% BRACKET) (MORE INFO AVAILABLE FOR THE SOLAR INSTALLATION) CALL OR EMAIL FOR MORE INFORMATION--WE ARE BUILDING SEVERAL OF THESE IN CENTRAL IL $100,000 DOWN--SHORT TERM SELLER FINANCING OF $169,000 AT 7%

Property Subtype:

Residential Income

Date on Market:

2023-12-11

Aurora Land for Sale - Western East/West Corr

SELLER FINANCING MAY BE AVAILABLE. Offered for sale is a ±5.34-acre infill land assemblage located at the intersection of E. New York Street and Vaughn Road in Aurora, Illinois. The property consists of six contiguous parcels featuring a clear divide between residentially zoned land and commercially zoned frontage, providing flexibility for phased or segmented development. The residential parcels are zoned R-1 (S), intended for single-family detached residential use. The commercial frontage is zoned B-2 (S), allowing for neighborhood-serving retail or service uses subject to City approvals. Former residential improvements have been demolished, offering a clean slate for redevelopment within an established neighborhood corridor. This site is well-suited for single-family residential development with long-term commercial upside, or for investors seeking infill land with diversified zoning exposure.

Property Subtype:

Residential

Date on Market:

2022-02-22

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

Joliet Flex for Sale - Joliet/Central Will

Will County Industrial Building Opportunity! This impressive 30,000 square foot property sits on 3.8 acres and features a versatile layout. Currently, it includes 26,000 square feet of two-story corporate office space and 12,500 square feet of warehouse space, but it can easily be converted back into 26,000 square feet of open industrial space. The building is equipped with 1 indoor dock and 1 drive-in door, making it ideal for various industrial uses. Located in an I-1 zoning area, you can take advantage of the low Will County taxes. Don’t miss this chance to invest in a prime industrial property! POSSIBLY TURN THIS BUILDING INTO A SELF STORAGE CONTRACT FOR DEED OPTION OWNER FINANCING IS AVALIBLE.

Date on Market:

2020-12-07

Cairo Hospitality for Sale

The Quality Inn is a 38-room, two-story interior corridor hotel located just off Interstate 57 in Cairo, Illinois. The property includes an on-site manager’s apartment and is currently absentee owned and operated, offering a turnkey setup with immediate income potential. The hotel is in good condition and presents significant upside for a new owner, with a current RevPAR index of just 53%, indicating strong potential to increase revenue and market share under active management. Cairo’s location provides excellent regional access along major highways, with approximately 15,000 vehicles per day on nearby routes and convenient driving distances to Cape Girardeau, MO (~34 miles) and St. Louis, MO (~150 miles). The seller is highly motivated, and all offers are encouraged. Interested buyers are invited to contact us for additional information, to schedule a property visit, or to submit an offer. All visits are by appointment only; please do not contact the hotel or staff directly.

Property Subtype:

Hotel

Date on Market:

2025-12-01

Lake Zurich Land for Sale - Central Northwest

iReal Estate Commercial is excited to offer a 5.34-acre land site for sale, located at 625 Rose Road in Lake Zurich, Illinois, a northwest suburb of Chicago in Lake County. This development opportunity is zoned Industrial I-1 and I-2 and allows for a wide range of permitted uses, including manufacturing, transportation, construction, wholesale trade, agriculture, retail, office, and flex space. Truck parking is allowed with a special use permit and a building on the site. The owners invested nearly $1 million to develop a pad-ready building site. This prepared site will save buyers significant costs associated with engineering, construction, permits, and, most importantly, time, as it typically takes around one year to create a pad-ready site. Seller financing is available through a short-term loan at a discounted rate. The site is situated within the Lake Zurich Industrial Park, conveniently located just off Route 22 (Half Day Road/Main Street). This industrial and office park features 100 industrial/flex properties, with overall occupancy exceeding 94%. The area boasts a strong and stable workforce in Lake County, lower property taxes compared to neighboring counties, and near major interstate highways. The region's transit network is among the largest and most efficient globally. Its extensive freeways, centralized location, rail-truck intermodal facility, and the Port of Chicago make it a key logistics hub. Chicago serves as the nation's premier freight rail hub, with major carriers like BNSF, Union Pacific, CSX, and Norfolk Southern.

Property Subtype:

Industrial

Date on Market:

2025-09-16

Mokena Land for Sale - Joliet/Central Will

DEVELOPMENT PARCEL FOR SALE SELLER FINANCING POSSIBLE BUILD TO SUIT POSSIBLE JOINT VENTURE POSSIBLE

Property Subtype:

Commercial

Date on Market:

2019-09-25

Clinton Hospitality for Sale

26-Room Motel with managers apartment .Strong Cash Flow – Perfect for First-Time Owners! 13 out of the 26 rooms are Kitchenettes. No owner financing available.

Property Subtype:

Hotel

Date on Market:

2026-02-09

Granite City Office for Sale - Illinois

Located 1 block off Nameoki Rd. in a heavily business district consisting of retail and office users.

Property Subtype:

Medical

Date on Market:

2025-09-29

Lake Villa Industrial for Sale - Central Northwest

Ideal location with approximately 350 feet of frontage on Milwaukee Ave with a daily traffic count near 18,000 in Round Lake Beach. This property is just under 2 acres and its current used as a contractor property with 2130sf office space, 4000sf shop space and 1.5 acre fenced in yard. This property is suitable for a multitude of uses - contractor yard, auto repair, boat repair, storage, redevelopment use for restaurant, retail, etc... Property also available for lease. Owner financing available.

Property Subtype:

Service

Date on Market:

2025-02-27

Coffeen Retail for Sale

Looking for a place to take the next step with your business and possibly live there as well? Or maybe looking for an investment property with options. This 1900 2 story brick building may just be the one you could take that step with. The main floor of the building has been stripped down to help cut the costs of having to gut it. Endless opportunities awaits this space. Primarily this space had been a cafe most of the time it was in use. The upper floor has been cleared out and ready for it's next chapter as well. Keep the current layout and give it some upgrades. Or take it down further and make it your own as well. Located in the heart of Coffeen gives this location some extra potential. Next to the fire department, city hall, bank, post office, and around the corner from the Pre-K school will help drive the traffic on by.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-11-20

Lawndale Land for Sale

LAND LOCATED OFF HISTORIC ROUTE 66. Downtown LAWNDALE, IL 61751. PROPERTY IS ON MAIN ST, THE MAIN RD THROUGH LAWNDALE, IL 50ft Frontage Main St 100ft deep 50 FEET FRONTAGE ON MAIN ST BY 124 DEEP. Zoned Residential TOTAL PRICE $11,900 USD. ALL CASH OFFERS WILL BE ANSWERED WITHIN 24 HOURD. MAKE ANY OFFER, ALL OFERS CONSIDERED. POSSIBLE OWNER FINANCING

Property Subtype:

Residential

Date on Market:

2024-03-25

Frankfort Retail for Sale - Joliet/Central Will

Recently updated 7905 West Lincoln Highway, where an incredible opportunity awaits! Nestled in a prime corner location, this property boasts a thriving Night Club & Bar setup, complete with liquor licenses and coveted grandfathered Gaming Licenses. Key Features: *High Traffic Location: Situated on the bustling Route 30, ensuring a steady flow of customers. *Grandfathered Gaming: Enjoy consistent revenue streams from gaming activities. *Adaptable Floor Plan: The space offers versatility for various business concepts. *Flexible Use - C2 Zoning: Explore a range of possibilities for business operations. *Redevelopment Potential: With a sizable lot and flexible terms, envision the future of this property. *Bonus Outdoor Patio/Beer Garden: Perfect for patrons to enjoy the ambiance outdoors. *Parking Convenience: Accommodate up to 60 cars with ease, ensuring accessibility for customers. Bar, lounge and beer garden recently renovated and seller after decades of operations would now like to retire. Whether you're interested in taking over the existing business with equipment or embarking on a redevelopment project, this property offers endless potential. Details: Address: 7905 West Lincoln Highway Lot Size: Generously sized to accommodate various ventures Contact: Reach out to the listing agent for further details and to seize this lucrative opportunity. Don't miss out on this chance to own a prime piece of real estate in a high-traffic area. Act now and make an offer today!

Property Subtype:

Restaurant

Date on Market:

2023-07-16

Oakbrook Terrace Portfolio of properties for Sale - Eastern East/West Corr

Property Subtype:

Mixed Types

Date on Market:

2023-01-31

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