Chicago Retail for Sale - South Chicago

Two story restaurant building for sale in the heart of Little Italy on Taylor Street! ADA-compliant with 18' hood, fridge and freezer walk-ins. Includes basement and private party room, plus a rooftop. Excellent visibility along Taylor Street, surrounded by restaurants, retail shops and steps to UIC and the Illinois Medical District. 2,450 SF 1st floor and 991 SF 2nd floor. This listing is also available for lease. For those interested, contact the agent MJ Weinberger mj@straussrealty.com

Property Subtype:

Restaurant

Date on Market:

2024-06-06

Burbank Retail for Sale - Near South Cook

Restaurant For Sale! Real Estate & Business! In business for over 50 years! Over 70,000 cars per day on Harlem Ave, great visibility!

Property Subtype:

Restaurant

Date on Market:

2024-06-04

Chicago Retail for Sale - Northwest City

Explore an exceptional investment opportunity with this 3,234 SF retail building, exuding timeless appeal since its establishment in 1963. This well-maintained property, zoned 1 to accommodate various commercial uses, offers 100% occupancy, guaranteeing immediate returns for the discerning investor. Situated in the heart of the dynamic Chicago market, the prime location affords high visibility, easy accessibility, and prominent signage opportunities, ensuring maximum exposure for retail operations. With a robust infrastructure and proximity to major transportation routes and public transit, this property stands as a compelling investment in the thriving retail landscape. Don't miss the chance to secure a lucrative asset in this coveted market.

Property Subtype:

Freestanding

Date on Market:

2024-05-22

Chicago Retail for Sale - Northwest City

Positioned in the heart of Chicago’s vibrant Wicker Park neighborhood, 1254 N. Milwaukee Avenue offers a rare opportunity to own a prime retail property on one of the city’s most dynamic corridors. Surrounded by national retailers such as Jewel-Osco, Lowe’s, Verizon Wireless, CVS, and Footlocker, as well as popular dining destinations like Iron Age Korean Steak House, this location guarantees exceptional visibility and foot traffic. The property features a 24-foot frontage and 100-foot depth, totaling approximately 2,400 square feet, with an additional full basement ready for customization. Its B1-3 zoning provides flexibility for a wide range of uses, including restaurant concepts, boutique retail, or creative office space. The interior includes a rear storage/office area and bathroom, offering functional convenience for operations. Wicker Park is renowned for its eclectic mix of retail, dining, and entertainment, attracting a diverse and affluent demographic. With proximity to Ashland Avenue and Division Street, and easy access to public transit, this property is strategically positioned for long-term value appreciation. Whether you’re an investor seeking a high-demand corridor or an owner-user envisioning a flagship location, this asset delivers unmatched potential in one of Chicago’s most sought-after neighborhoods.

Property Subtype:

Storefront Retail/Office

Date on Market:

2024-05-17

Chicago Retail for Sale - South Chicago

Property Subtype:

Storefront Retail/Office

Date on Market:

2024-04-23

Dolton Retail for Sale - Near South Cook

Fully equipped restaurant for sale at competitive sales price including real estate, business, equipment, fully equipped kitchen, inventory, furniture, fixtures, business proprietary information and great reputation! Established breakfast and lunch restaurant with over 40+ years in business under its current name serving Chicago, Southeast Suburban community, and NW Indiana. The approximate 4,300 SF restaurant is a staple of the community with a loyal customer base and great reviews. Approximate 1200 SF long-term tenant that has occupied premises will help defer costs. Easily take over the existing business or open your own concept. Recent updates include 2 new RTU'S, furnaces, water heaters, and restaurant equipment.

Property Subtype:

Storefront

Date on Market:

2024-03-18

Chicago Portfolio of properties for Sale - Northwest City

Discover a prime investment opportunity in the Northwest Chicago area. This meticulously maintained 3,450 SF building, zoned B1-1, offers exceptional potential for Retail and Office Building investors. With a coveted 100% occupancy rate, this property presents a lucrative and stable income stream. The strategic location provides easy access to major highways, public transportation, and a wealth of dining and retail options, making it an enticing prospect for potential tenants and employees. Don't miss out on the chance to secure a thriving asset in the heart of the Northwest Chicago market.

Date on Market:

2024-03-15

Chicago Retail for Sale - South Chicago

For sale: Fast food business with property. Established and operating Maxwell Express fast food business located on busy 87th St (corner of 87th & Aberdeen St). Very busy location- average monthly sales of $14,000!! Very good location- main street with bus stop right in front. Have daytime traffic count. Densely populated area with multiple chain and small businesses. Sales includes building and business with al business related equipment and trade fixtures. . RE tax $4,811 Asking price $195,000+ inventory.

Property Subtype:

Fast Food

Date on Market:

2024-03-08

Chicago Retail for Sale - Northwest City

INCREDIBLE OPPORTUNITY TO PURCHASE MIXED-USE BUILDING TWO BLOCKS FROM WRIGLEY FIELD!! FIRST FLOOR IS AN OWNER OPERATED LIQUOR AND CONVENIENCE STORE. TWO INCOME PRODUCING APARTMENTS ABOVE, EACH OFFERING 3 BEDROOMS AND I BATHROOM. TWO CAR GARAGE FOR OWNER'S USE OR ADDITONAL INCOME. BUSINESS, WITH LICENSES, SOLD SEPERATLY FOR $100,000.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-02-21

Chicago Retail for Sale - Northwest City

Lucrative investment opportunity, strategically situated on the outskirts of Downtown Chicago, near up and coming Garfield Park. The contemporary infrastructure constructed in 2005 encompasses 22,257 sq ft, providing a sophisticated and functional workspace. Boasting a consistent high income yield, this property benefits from substantial foot traffic in its bustling surroundings. Centrally positioned at the intersection of Lake St. and Pulaski, this location ensures visibility and accessibility for maximum business impact. The building consistently attracts distinguished tenants, and is currently home to occupants such as the Mary Crane Center, a Market and a state funded Non Profit; creating a brand of professionalism and credibility. A generous newly paved 40-space parking lot ensures easy accessibility for both tenants and visitors and a secondary adjacent parking lot. The proximity to the CTA Green Line train and major public transportation hubs provides connectivity for commuters and easy transportation.

Property Subtype:

Storefront Retail/Office

Date on Market:

2024-01-22

Chicago Retail for Sale - North Branch/Goose Island

Existing dental office in the vibrant River West neighborhood is available for sale or lease. Situated at the intersection of Milwaukee and Racine, with easy access to I-90/94 and a strong residential population in the immediate area. the space offers 6 operatories, a spacious waiting area, a lab/sterilization, a break room, and a storage room. Perfect opportunity for start-up, relocation, or expansion.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-01-18

Chicago Multifamily for Sale - Northwest City

KW Commercial is pleased to present a mixed-use investment opportunity located in the vibrant Logan Square neighborhood. Well-maintained asset which features a restaurant. This property boasts impressive features and attributes, making it an attractive prospect for savvy investors and business owners seeking a strategically positioned and well-maintained asset. Property Details: - Building Size: 15,600 Square Feet - Lot Size: 5,250 Square Feet - Zoning: B3-1 - Location: Corner of Armitage Ave. and Mozart St., Logan Square - Floors: Three - Composition: One commercial space and four residential units - 100% Stabilized Key Highlights: - Renowned Dos Urban Cantina Lease: The property includes a leased commercial space occupied by the well-established and renowned Dos Urban Cantina. This esteemed tenant brings stability to the investment and adds value to the property due to its popularity and established reputation within the community.? - Desirable Residential Units: The four residential units, thoughtfully designed as two units of two beds and one bath each, offer comfortable living spaces complemented by in-unit washer/dryer facilities. The residential units present a steady income stream and cater to the increasing demand for quality housing in the Logan Square neighborhood.? - Modern Amenities and Infrastructure: The property stands out with its contemporary features, including individual furnaces and water tanks for each unit, full HVAC systems for hot and cold forced air throughout the entire building, and copper plumbing. These modern amenities ensure tenant comfort and convenience, adding to the property's appeal.? - Recent Capital Improvements: Extensive capital expense investments, totaling above a quarter of a million dollars in 2022, demonstrate the property's commitment to maintaining its value and ensuring a hassle-free ownership experience for the future buyer. Recent updates, such as tuck-pointing and a new tear-off roof, enhance the building's structural integrity and longevity.? - Excellent Traffic Exposure: With an average daily traffic of 21,688 cars passing by on the corner of Armitage Ave. and Mozart St., the property enjoys significant exposure, providing ample visibility for the commercial space and increasing the potential for attracting new customers.? Outdoor Deck: An existing outside deck of 500 SF adds a valuable amenity for tenants and patrons, creating an inviting space for leisure and entertainment.? - As a discerning investor, this commercial property presents an opportunity to capitalize on the thriving Logan Square market and its continued growth potential. I am confident that the property's prime location, versatile composition, and recent capital improvements will yield long-term benefits and a strong return on investment. - Commercial Lease - Presently at a monthly rate of $8,234, it carries 3% annual increases, is responsible for 50% of the taxes for the building, and 50% of the building's water-use.

Property Subtype:

Apartment

Date on Market:

2023-10-02

Chicago Retail for Sale - Fulton Market/Near West Side

1219 W. Lake Virtual tours are available at the links below; 1st Floor https://my.matterport.com/show/?m=FU6Wmj3bTnj 2nd Floor https://my.matterport.com/show/?m=d6MxTgcsM8U Penthouse https://my.matterport.com/show/?m=Ddkkp68cPVE Additionally, Dropbox has hi-res photos and links as well; https://www.dropbox.com/sh/yjgneo93t5or9wu/AACmobl-vPWcmKLd1IuxAL9ta?dl=0

Property Subtype:

Storefront Retail/Office

Date on Market:

2023-08-13

Lincolnwood Retail for Sale - Near North

Prime Investment Opportunity | 7.78% CAP | Fully Leased Retail Strip in Lincolnwood Exceptional opportunity to acquire a fully stabilized retail strip center in a high-visibility, high-traffic corridor of Lincolnwood. This B2-zoned property is 100% occupied with long-term tenants, offering immediate and reliable income from day one. The building features approximately 4,800 square feet of leasable space, currently configured as three 1,600 SF units, providing flexibility for a diverse tenant mix. Located in a densely populated and highly desirable trade area, the property benefits from strong surrounding demographics, including approximately 15,000 residents within a 1-mile radius, nearly 300,000 within 3 miles, and over 800,000 within 5 miles. The average household income in the area exceeds $100,000, supporting consistent retail demand. Adding to the long-term upside, the highly anticipated District 1860 mixed-use development—just 0.6 miles away at Touhy & Lincoln—will significantly enhance both foot and vehicle traffic in the immediate area, further strengthening retail activity and tenant stability. The property has been extensively updated, including a new roof, HVAC/AC systems, water heater, and electrical, making it a low-maintenance, turnkey investment. In addition, the site offers 15+ parking spaces, ensuring convenience for both tenants and customers. With a diverse and dynamic demographic base, this location supports a wide range of retail and service-oriented businesses without reliance on a single customer segment. This is a rare opportunity to secure a well-maintained, income-producing asset in one of the most active retail corridors in the North Shore market.

Property Subtype:

Freestanding

Date on Market:

2023-06-29

Chicago Retail for Sale - South Chicago

One story 2400 SF retail storefront located in Chicago Mount Greenwood's dominant retail corridor in well maintained condition. Great property and location. Amazing potential for investors and owner/operators or a very lucrative business for new owners. Existing business and all FF&E for sale as well. Business can be sold separate of the real estate. Call for additional details on the business.

Property Subtype:

Storefront

Date on Market:

2023-06-01

Norridge Multifamily for Sale - O'Hare

A rare opportunity to acquire a high-performing mixed-use investment in the heart of the Village of Norridge, IL. This three-building portfolio features a healthy mix of residential and retail tenants, with strong cash flow and clear value-add potential. 3 contiguous parcels: 12-13-115-017-0000, 12-13-115-018-0000, 12-13-115-019-0000 16 Apartments: (8 two-bedroom, 8 one-bedroom) 8 Retail Units (ground floor) 21,000 SF Free-Standing Retail Building 15,000 SF main floor (w/6,000 SF basement with racking-height ceilings) Ample on-site parking Vacancy: One retail space available, projected at $6,500/month ($78,000 annually). Residential rents: Below market; potential to increase by $146,700 annually. Current Income & Expenses Gross Income (Current) $560,830 Gross Income (Pro Forma) $785,530 Main Operating Expenses (2024) $203,757   • Taxes $129,298   • Insurance $30,190   • Utilities $29,844   • Snow, Garbage, Pest, Maintenance $14,425 Net Operating Income (Current) $357,073 Net Operating Income (Pro Forma) $581,773 Value-Add Potential Residential Upside Current apartment income: $155,220/year Pro forma apartment income: $302,400/year Market rents assumed: 1BR: $1,500/month 2BR: $1,650/month No major renovations required to achieve market levels Retail Upside One unit currently under construction, with confirmed tenant interest at $6,500/month Additional upside through future lease adjustments at renewal Investment Highlights Fully stabilized asset with built-in upside Strong commercial tenant mix + long-term residential renters 21,000 SF freestanding retail building anchors portfolio stability Prime suburban-Chicago location with strong demand and development potential Summary: This portfolio combines stable cash flow with clear opportunities to unlock higher returns through strategic rent adjustments and lease optimization. Positioned in a high-demand suburban-Chicago market, it offers both immediate income and long-term appreciation potential.

Property Subtype:

Apartment

Date on Market:

2021-06-28

Chicago Retail for Sale - Central Loop

6 story building w/ restaurant with all FFE. full basement. Put your brand on the wall. gateway to the city

Property Subtype:

Storefront Retail/Residential

Date on Market:

2023-04-28

Chicago Retail for Sale - South Chicago

1502 W. 79th St is a vacant three story brick mixed-use commercial building. Most recently this space was used as office space for hair salon suites. There are currently 4 offices, a reception area, a storage area and a washroom. The property is located on the West side of busy Kedzie Avenue with 25 feet of frontage on Kedzie. Located in the midst of a wide variety of retail stores, this property will be a good choice for many different uses. Located near the busy intersection of 79th and Ashland, this property boasts a large storefront that is waiting for a complete renovation, The two large apartments on the upper floors each feature 3 spacious bedrooms, 1.5 baths, a living room, dining room, and kitchen for a complete renovation. With its prime location in a heavily trafficked area, this property is ideal for a wide range of businesses, from restaurants to retail stores to professional offices. The possibilities are endless, and the potential for growth is immense.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2023-04-26

Chicago Office for Sale - Lincoln Park

This 6.31% CAP, 2,400 SF retail condo with one parking spot is located in the heart of Lakeview, one of the city's most sought-after neighborhoods. Fully gut rehabbed in 2019, a 5 year lease has been just renewed. This unit boasts a prime location situated at W Belmont Ave & N Southport Ave, just a couple of blocks away from the famous Lakeview 6 corners. It is a 7-minute walk to the train station (Red Line, Purple Line, and Brown Line). Surrounded by ample residential properties, many famous local restaurants, and grocery stores.

Property Subtype:

Office/Residential

Date on Market:

2023-04-25

Chicago Retail for Sale - Lincoln Park

The lease will be expired on 12/31/26

Property Subtype:

Storefront Retail/Residential

Date on Market:

2023-04-06

Chicago Retail for Sale - West Loop

Rarely available two story building for sale in the heart of Chicago’s vibrant West Loop! Great investment or owner-user property; currently occupied by restaurant tenant. Amazing exposure and visibility with the highest traffic counts in the Fulton/Randolph market, located at the Gateway of Randolph St and Chicago's Restaurant Row. 2021 Taxes: $46,092.14. Zoning: DX-5.

Property Subtype:

Storefront

Date on Market:

2023-04-03

Chicago Retail for Sale - Northwest City

Great freestanding masonry commercial Office/Retail/mixed use building, B1-1 Zoning, Building is 2000 SQ FT Lot is 4488 SQ FT, 10,800(VPD) cars pass this location a day. Right near the corner of Lawrence and Austin. Great Visibility, Adjacent to the Lawrence plaza retail strip center. The Building is in Good shape, Currently built out as two retail spaces. Great signage area, classic facade, 12 FT ceilings, 200 amp electric system, very bright window line, modern lighting, Parking is 8 parking spaces in rear parking lot, Great potential here, Perfect for an owner user, ideal for a variety of commercial uses, Retail, Professional use, Office insurance, Lawyer, Real estate, Medical use, school, adult education center, Area Retailers and business include, Printers Row Brewing, Sandy's Bakery & Deli, Pho No.1 Vietnamese Cuisine, Taqueria Amigo Chino 2 Galvin's Public House, Carpet & Flooring USA, The Lot Live music venue, Delightful Pastries, Prestige Liquors, Do not bother tenants, Call listing agent for showing. A MEMBER OF THE OWNERSHIP GROUP IS A LICENSED REAL ESTATE BROKER.

Property Subtype:

Storefront

Date on Market:

2023-02-16

Chicago Office for Sale - East Loop

A distinguished presence in the Loop since 1914, the Garland Building was converted to office condominiums in 2005 and remains a popular choice for professionals across industries. -22 stories of landmark architecture with updated infrastructure -170+ individual office condos with strong occupancy -Tenant mix: Healthcare, law, consulting, nonprofits, therapists, and financial professionals Amenities include: -Seven passenger elevators + freight elevator -24/7 building access and security -On-site management and concierge services -Conference space access -Steam-based HVAC -Daily janitorial services for common areas Professionally managed, clean, quiet, and well-run

Property Subtype:

Office/Residential

Date on Market:

2025-10-21

Evanston Retail for Sale - Near North

NEW PRICE! A truly unique and historically significant property located just south of the Chicago-Main signalized intersection in a Transit-Oriented District (CTA and, METRA stations across the street). Originally built in 1896 as a 2-story 10,600sf building to house a Livery and Hansom Cab company. A 3,500sf bow truss structure and 3,500sf basement added in 1934. In 2009 InSite's client undertook a $1.6M renovation, occupying the 2nd floor as office space and leasing the 1st Floor Rear as office space. Property will be delivered vacant at closing.

Property Subtype:

Storefront Retail/Office

Date on Market:

2022-11-10