Retail in Chicago available for sale
Chicago Retail Spaces For Sale

Retail Spaces for Sale in Chicago, IL, USA

More details for 4750 N Western Ave, Chicago, IL - Retail for Sale

Retail Space 4750 N Western Ave Chicago, IL - 4750 N Western Ave

Chicago, IL 60625

  • Retail Space
  • Retail for Sale
  • $666,696 CAD
  • 2,200 SF

Chicago Retail for Sale - Northwest City

Established in 2015, Sushi Tokoro has been a neighborhood favorite for nearly a decade—delighting loyal patrons who visit at least once or twice a week. Situated in a highly accessible area with a dense residential community, this restaurant enjoys stable foot traffic and consistent demand. With over ten years of steady operation under the same ownership, it offers an excellent opportunity for a new owner to step into a proven and profitable business. • Prime Location: Nestled in a bustling Chicago neighborhood with a strong local customer base. Easy access to main roads and public transportation makes it convenient for both dine-in guests and delivery services. • Spacious Layout: The restaurant spans 2,200 sq. ft. of well-designed dining space, plus an additional 2,200 sq. ft. fully built-out basement currently used for storage—ideal for inventory, extra seating, or potential expansion. • On-Site Parking: A dedicated parking spot behind the restaurant adds a valuable amenity for staff or customers—often hard to find in the city. • Consistent Revenue: Monthly sales range from $120,000 to $140,000, demonstrating resilience even during slower periods. Bank statements from 2024 and last year’s tax returns are available for qualified buyers. • Stable Operation: The restaurant has been under the same ownership since opening, ensuring smooth, uninterrupted operations. Loyal local patrons keep business strong year-round. • Flexible Lease: The current lease arrangement offers flexibility, providing new owners with room to negotiate terms that fit their specific business plan. After years of successful ownership, the proprietor is ready to pass on this thriving enterprise to someone who can continue to build on its reputation and loyal customer base. Don’t miss out on this rare opportunity to acquire a flourishing sushi restaurant in one of Chicago’s sought-after neighborhoods. To learn more or to schedule a private showing, please contact us at your earliest convenience.

Contact:

Youmu Ventures

Property Subtype:

Restaurant

Date on Market:

2025-01-17

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More details for 2323 N Milwaukee Ave, Chicago, IL - Retail for Sale

Revolution Brewing - 2323 N Milwaukee Ave

Chicago, IL 60647

  • Retail Space
  • Retail for Sale
  • $4,583,535 CAD
  • 12,500 SF
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More details for 565 W Randolph St, Chicago, IL - Office for Sale

565 W Randolph St

Chicago, IL 60661

  • Retail Space
  • Office for Sale
  • $15,625,687 CAD
  • 59,225 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Restaurant
  • Wheelchair Accessible
  • Smoke Detector

Chicago Office for Sale - West Loop

565 W. Randolph St offers investors a unique opportunity to acquire a prime asset in Chicago’s West Loop, a neighborhood celebrated for its dynamic blend of commercial and residential growth. This ±59,981 SF Class C office building, constructed in 1872, combines historical charm with modern functionality, featuring both a passenger elevator and a freight elevator. This asset provides immediate stable cash flow along with significant value-add potential through a strategic conversion plan. The property is currently 98% occupied, with nine tenants, including ground-floor anchors Proxi and Sepia—two Michelin-starred dining establishments that recently renewed their leases for another five years with additional renewal options. This established retail presence ensures strong income stability for investors. Key Conversion Opportunity: Office to Multifamily Apartments This asset presents a compelling opportunity for an office-to-residential conversion, allowing investors to capitalize on the increasing demand for multifamily units in the West Loop. The property offers a phased approach to conversion: 43,624 SF (72.8% of the building) can become available by the end of December 2024, providing the majority of the building for potential apartment conversion immediately after acquisition. An additional 1,642 SF (2.7% of the building) will become available between March and November 2026 as leases expire, offering further flexibility for phased redevelopment. The final 5,550 SF (9.2% of the building) will become available between January and April 2029 upon lease expirations, enabling investors to continue generating income from office leases while gradually converting spaces to residential use. Strategic Investment Potential This asset allows for a phased redevelopment strategy, maximizing cash flow while taking advantage of conversion opportunities as leases roll over. The property's prime location offers proximity to top-tier transportation, shopping, dining, and green spaces, making it highly attractive to prospective residential tenants. By converting the office floors to apartments, investors can tap into the strong rental market in the West Loop, while still benefiting from the stable income of long-term retail tenants. With strategic upgrades and a phased conversion plan, investors can elevate rental rates, attract premium residential tenants, and significantly enhance the property's value. The unique combination of historical architecture, Michelin-starred retail tenants, and conversion flexibility positions 565 W. Randolph St as a standout investment in one of Chicago’s most sought-after neighborhoods.

Contact:

Midwest Investment Advisors

Property Subtype:

Loft/Creative Space

Date on Market:

2024-12-23

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More details for 9122 S Kedzie Ave, Evergreen Park, IL - Office for Sale

9122 S Kedzie Ave

Evergreen Park, IL 60805

  • Retail Space
  • Office for Sale
  • $797,257 CAD
  • 4,073 SF
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More details for 1915-1917 N Damen Ave, Chicago, IL - Retail for Sale

1915-1917 N Damen Ave

Chicago, IL 60647

  • Retail Space
  • Office/Medical for Sale
  • $1,388,811 CAD
  • 3,160 SF
  • 1 Unit Available
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More details for 401-417 E Oakwood Blvd, Chicago, IL - Multifamily for Sale

Grand Terrace Apartments - 401-417 E Oakwood Blvd

Chicago, IL 60653

  • Retail Space
  • Office/Retail for Sale
  • $250,011 CAD
  • 900 SF
  • 1 Unit Available
  • Kitchen

Chicago Multifamily for Sale - South Chicago

The Midwest Investment Advisors with KW Commercial & Keller Williams ONEChicago is excited to present an exclusive opportunity to acquire a single office/retail condo located in the vibrant neighborhood of Bronzeville, Chicago. Property Details: Location: 3957 S. King Dr. Condo B, Chicago, IL 60653 Square Footage: 900 SF List Price: $350,000 Price per SF: $389/SF Zoning: Commercial B3-3 Current Tenant: Month-to-month lease, paying $1,300/month Pro Forma Rent: $1,500/month Investment Highlights: Location: This retail condo is situated in the historic Bronzeville neighborhood of Chicago, a thriving community known for its cultural significance and revitalization efforts. The area benefits from high foot traffic and proximity to public transportation, local businesses, and residential developments, making it an ideal location for retail tenants. Current Income: The property is currently leased to a tenant on a month-to-month basis, paying $1,300 per month ($15,600 annually). This arrangement provides flexibility for an investor to renegotiate or secure a long-term lease at market rates. Pro Forma Income: The projected market rent for this retail space is $1,500/month, which would generate $18,000 annually. This increase offers an immediate value-add opportunity for an investor looking to boost cash flow. Strong Price per SF: At $389/SF, this property is competitively priced for the Bronzeville market, offering long-term appreciation potential as the neighborhood continues its growth trajectory. Financial Overview: Current Gross Annual Income: $15,600 Pro Forma Gross Annual Income: $18,000 Potential Upside: With a pro forma rent increase of $200/month, the annual rental income could increase by $2,400. Market & Neighborhood Outlook: Bronzeville is experiencing ongoing redevelopment and investment, making it a highly desirable location for retail and mixed-use properties. The retail condo is well-positioned to benefit from the area's growth, driven by new residential projects, cultural attractions, and retail demand. Investors can capitalize on the neighborhood's upward trend while enjoying stable rental income and long-term appreciation. Investment Summary: This 900 SF retail condo at 3957 S. King Dr. Condo B presents a solid investment opportunity with existing cash flow and potential for rental growth. At $350,000, the price is favorable for investors seeking to acquire retail space in a vibrant and growing Chicago neighborhood. With the potential to secure a long-term tenant at a higher rate, the property offers both short-term income and long-term value appreciation.

Contact:

Midwest Investment Advisors

Property Subtype:

Apartment

Date on Market:

2024-11-27

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More details for 711 W Grand Ave, Chicago, IL - Multifamily for Sale

711 W Grand Ave

Chicago, IL 60654

  • Retail Space
  • Office/Retail for Sale
  • $3,264,032 CAD
  • 4,320 SF
  • 1 Unit Available
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More details for 633 S Plymouth Ct, Chicago, IL - Multifamily for Sale

Pope Building - 633 S Plymouth Ct

Chicago, IL 60605

  • Retail Space
  • Office/Retail for Sale
  • $1,180,607 CAD
  • 9,941 SF
  • 1 Unit Available
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More details for 622 W Roosevelt Rd, Chicago, IL - Office for Sale

Roosevelt Office Lofts and Retail Shops - 622 W Roosevelt Rd

Chicago, IL 60607

  • Retail Space
  • Office for Sale
  • $4,166,850 CAD
  • 10,632 SF
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More details for 1259 N milwaukee Ave, Chicago, IL - Retail for Sale

1259 N milwaukee Ave

Chicago, IL 60622

  • Retail Space
  • Retail for Sale
  • $2,220,931 CAD
  • 10,000 SF
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More details for 63 E 43rd St, Chicago, IL - Retail for Sale

63 E 43rd St

Chicago, IL 60653

  • Retail Space
  • Retail for Sale
  • $1,180,469 CAD
  • 8,607 SF
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More details for 10350 S Western Ave, Chicago, IL - Retail for Sale

10350 S Western Ave

Chicago, IL 60643

  • Retail Space
  • Retail for Sale
  • $763,922 CAD
  • 3,996 SF

Chicago Retail for Sale - South Chicago

Brookline Real Estate, LLC. is pleased to present the opportunity to acquire a highly visible retail property positioned in a strong, transit-oriented location in Chicago's Beverly neighborhood. The property is currently built out as a bar, and suitable for any restaurant use. A user with a need for brand exposure will benefit from the property's position directly on Western Avenue near the busy intersection at 103rd Street. Immediately surrounded by Walgreens, Dunkin', bp, 7-Eleven, KFC, and dense residential neighborhoods, the site is well located along an active trade corridor near Ridge Country Club Golf Course in West Beverly. Directly at a PACE Bus stop and blocks from I-57 and a Metra Train Station, the building is in a strong transit location with heavy vehicle and foot traffic. Other national retailers on this corridor include Walmart, Whole Foods, Meijer, Sam's Club, Menards, Ulta, Mariano's, Aldi, Macy's, Dollar Tree, Evergreen Kia, The Original Rainbow Cone, McDonald's, Five Guys, Chipotle, Planet Fitness, Starbucks, T-Mobile, Anytime Fitness, Raising Cane's, and Shell, among others. The 3,996 square-foot building features a 3,000 square-foot basement that can be used for storage or offices. There's a walk-in cooler and fully operational beer lines in place, as well as a grandfathered 4AM liquor license with transfer of LLC. This rare retail opportunity is being offered on a growing business corridor with traffic counts of 25,800. Contact us to learn more!

Contact:

Brookline Real Estate

Property Subtype:

Bar

Date on Market:

2024-08-23

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More details for 3219 N Clark St, Chicago, IL - Retail for Sale

Lakeview Redevelopment Opportunity - 3219 N Clark St

Chicago, IL 60657

  • Retail Space
  • Retail for Sale
  • $2,777,900 CAD
  • 6,992 SF

Chicago Retail for Sale - Lincoln Park

This offering is presented by KW Commercial and Keller Williams ONEChicago. Located at 3219 N. Clark Street in Chicago’s vibrant Lake View neighborhood, this property offers a unique redevelopment opportunity. The building, originally constructed in 1925 and classified as Class C, features a gross leasable area (GLA) of 6,992 square feet. With a current tenant occupying the ground floor, the upper floors are primed for conversion to residential apartments, making this a compelling mixed-use investment. Redevelopment Opportunity Residential Conversion: Potential to transform the 2nd and 3rd floors into (4) 900 SF residential apartments at $65,000 per unit for the renovation. 2nd Floor: (2) 2-bedroom, 2-bathroom unit with a pro forma rent of $3,250 per month. 3rd Floor: (2) 2-bedroom, 2-bathroom unit with a pro forma rent of $3,250 per month. Ground Floor Commercial Space: Maintains income stability with 3,300 SF of medical office or retail space under a pro forma NNN rent of $33.00/SF annually. Cash Flow Opportunity During Pre-Renovation Phase The current tenant’s lease, which began on January 1, 2006, runs through December 31, 2027. Starting in January 2026, the base rent will increase to $18,063 per month. This structure provides an investor with the opportunity to generate consistent cash flow (rental income) while obtaining plans and permits for renovations. Renovation work cannot commence until the tenant vacates the property, offering the investor time to prepare while maintaining financial stability. Financial Summary The purchase price is $2,000,000. The ground-floor lease provides consistent income, with the base rent increasing to $18,063 per month ($31.00/SF) by 2026. The existing lease, which runs through 2027, ensures stable revenue while providing time for the planned residential conversion. Tenant Information Blum Animal Hospital, part of the national VCA Animal Hospitals Inc. network, currently occupies the ground floor. VCA is recognized for its high-quality pet care and extensive network of over 1,000 locations, providing a stable and reputable tenant for the property during the renovation. Location and Market Overview Nestled in the affluent and dynamic Lake View neighborhood, the property enjoys a prime location surrounded by shopping, dining, and cultural attractions. It offers excellent visibility, high foot traffic, and proximity to public transportation, enhancing its appeal to both residents and businesses. Investment Highlights This property combines the security of a long-term, reputable tenant with the significant upside of redevelopment potential. Mixed-use redevelopment offers diversified income streams. Phased renovation approach allows for cash flow during construction. Prime location in a thriving community ensures ongoing demand for residential and commercial spaces. Triple Net Lease (NNN) structure minimizes landlord expenses while maintaining stable cash flow Projected total annual income of $220,600 highlights the value of the planned conversion. The property at 3219 N. Clark Street is an exceptional opportunity for investors seeking to capitalize on Lake View’s robust real estate market while ad. adding value through strategic redevelopment and operational flexibility.

Contact:

Midwest Investment Advisors

Property Subtype:

Storefront

Date on Market:

2024-08-16

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More details for 4746 S Ashland Ave, Chicago, IL - Retail for Sale

Chrome - 4746 S Ashland Ave

Chicago, IL 60609

  • Retail Space
  • Retail for Sale
  • $173.62 CAD
  • 2,438 SF
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More details for 2944 W Devon Ave, Chicago, IL - Multifamily for Sale

2944 W Devon Ave

Chicago, IL 60659

  • Retail Space
  • Multifamily for Sale
  • $2,222,320 CAD
  • 8,975 SF
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More details for 7555 N California Ave, Chicago, IL - Retail for Sale

7555 N California Ave

Chicago, IL 60645

  • Retail Space
  • Retail for Sale
  • $1,597,292 CAD
  • 1,640 SF
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More details for 5001 W Ogden Ave, Cicero, IL - Retail for Sale

5001 W Ogden Ave

Cicero, IL 60804

  • Retail Space
  • Retail for Sale
  • $137,506 CAD
  • 2,542 SF
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More details for 2622 N Cicero Ave, Chicago, IL - Retail for Sale

CAR DEALER LOT, OWNER FINANCING AVAILABLE - 2622 N Cicero Ave

Chicago, IL 60639

  • Retail Space
  • Retail for Sale
  • $901,429 CAD
  • 1,100 SF
  • Air Conditioning
  • Security System
  • Car Charging Station
  • 24 Hour Access

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.

Contact:

Avi Horowitz

Property Subtype:

Auto Dealership

Date on Market:

2024-06-15

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More details for 1419 W Taylor St, Chicago, IL - Retail for Sale

Porto's - 1419 W Taylor St

Chicago, IL 60607

  • Retail Space
  • Retail for Sale
  • $1,387,561 CAD
  • 3,531 SF
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