Chicago Retail for Sale - Northwest City

Seize the chance to own a prime two-story restaurant property, formerly home to Bristol. This warm, second-generation space is perfect for a neighborhood eatery and bar. Key features include grand wooden bi-folding doors for an inviting al-fresco experience, charming exposed brick walls, built-in bars on each floor and a large exhaust hood. Located on Damen Ave., a bustling, pedestrian-friendly street renowned for its acclaimed restaurants. Refer to links below for more info on this and other hospitality listings, including restaurants, bars/taverns, entertainment venues, breweries, dispensaries and much more. Stay in the know and receive the latest by joining our email list and private Facebook Group page by visiting our website or clicking the links below.

Property Subtype:

Restaurant

Date on Market:

2024-07-01

Chicago Retail for Sale - Northwest City

Bond Coffee Collective at the SE corner of California and Howard is a turn-key cafe available for new ownership. Everything is ready to go for an experienced operator. Over 22,000 vehicles pass the property daily. The 2-mile population is 167,658. Check out the photos to see inside or call for a personal tour. Three pins: 10-25-400-006; 10-25-400-005; 10-25-400-051

Property Subtype:

Fast Food

Date on Market:

2024-06-30

Cicero Retail for Sale - Cicero/Berwyn Area

This property is being offered for sale by the Cook County Land Bank Authority https://www.cookcountylandbank.org/. This is not a traditional sale. Differences: You must apply on the CCLBA Website prior to touring property. You will be vetted for outstanding Cook County Real Estate Taxes, Judgements, and Liens. Once approved to tour, it is highly recommended to bring a contractor with you because these properties have typically been vacant for several years and need substantial rehabilitation. You will need a contractor’s estimate to bring property to occupancy permit. You will need a letter or email of support from the Village or City. You will need to show the CCBA funds to acquire and rehab the property. The Real Estate taxes on these properties are typically very high on a per foot basis. You will need a strategy to address this. Contact your Commercial Real Estate Tax Attorney to discuss. Buying properties from the CCLBA is similar to buying properties at below foreclosure pricing. Buyers pay their own brokers directly. Similarities: I am here to help you navigate through the process.

Property Subtype:

Auto Repair

Date on Market:

2024-06-15

Chicago Retail for Sale - Northwest City

Click link to view property video: https://youtu.be/5P1PHGM-6kw Excess corporate real estate, well positioned, appropriately zoned for auto use, and ready to make your dreams come true.

Property Subtype:

Auto Dealership

Date on Market:

2024-06-11

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

Riverdale Retail for Sale - Near South Cook

Property Subtype:

Drug Store

Date on Market:

2024-05-27

Chicago Multifamily for Sale - Northwest City

Rare find, amazing legacy building with 10 residential apartments and 2 storefront retail/office spaces. Building is fully occupied with no issues with vacancy and long term tenants due to the great location and condition of the building and units. Each of the residential apartments are all being used at 2 bedroom/ 1 bathroom units all with hardwood floors. One of the commercial storefronts is a long time accounting firm who wants to stay on for a year or two with the new owner. The second store front recently became vacant; a "vanilla box" ready for the next tenant. This building has very little deferred maintenance, great condition and a longtime owner who is ready to retire soon. Offering Memorandum could be provided with request.

Property Subtype:

Apartment

Date on Market:

2024-05-17

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.

Date on Market:

2024-05-17

Chicago Retail for Sale - Northwest City

Available individually or as a portfolio, ask about our other midwest Walgreens locations. WALGREENS Walgreens, one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the first global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance has over 21,000 stores in 11 countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with over 425 distribution centers delivering to more than 250,000 pharmacies, doctors, health centers and hospitals each year in more than 20 countries. CHICAGO, IL Chicago-Naperville-Elgin is one of the largest metros in the nation. The Chicagoland area is bounded to the east by Lake Michigan, expands over a 5,000-square-mile region in northeastern Illinois and extends into Wisconsin and Indiana. The metro houses 9.5 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents. The greatest growth during the past 20 years occurred in the western portion of the region and was exemplified between 2020-2021. Since then, movement back into downtown Chicago is gaining headway as employers increasingly push for hybrid work schedules, while progressing tourism levels support activity in the urban core. Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 P: (630) 570-2200 Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175

Property Subtype:

Drug Store

Date on Market:

2024-04-25

Chicago Retail for Sale - Northwest City

Available individually or as a portfolio, ask about our other midwest Walgreens locations. WALGREENS Walgreens, one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the first global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance has over 21,000 stores in 11 countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with over 425 distribution centers delivering to more than 250,000 pharmacies, doctors, health centers and hospitals each year in more than 20 countries. CHICAGO, IL Chicago-Naperville-Elgin is one of the largest metros in the nation. The Chicagoland area is bounded to the east by Lake Michigan, expands over a 5,000-square-mile region in northeastern Illinois and extends into Wisconsin and Indiana. The metro houses 9.5 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents. The greatest growth during the past 20 years occurred in the western portion of the region and was exemplified between 2020-2021. Since then, movement back into downtown Chicago is gaining headway as employers increasingly push for hybrid work schedules, while progressing tourism levels support activity in the urban core. Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 P: (630) 570-2200 Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175

Property Subtype:

Drug Store

Date on Market:

2024-04-25

Chicago Retail for Sale - South Chicago

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 Multifamily for Sale - Northwest City

FOR SALE or LEASE: Prime Commercial Condo in Lakeview at the corner of Belmont and Paulina. This 1,800 SF hard-corner unit sits at the signalized intersection of Belmont and Paulina and features large display windows with 53' of frontage on Belmont and 40' on Paulina. It also includes 5 private offices, 2 bathrooms, and a reception area. Located just west of the second-most-visited Whole Foods in Illinois, this property offers a great opportunity for your business. Convenient transportation options include the 24-hour Belmont Bus and a 6-minute walk to the Paulina Brown Line stop. Perfect for a user or a value-add investor. Available immediately.

Property Subtype:

Apartment

Date on Market:

2024-03-13

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. The proximity to the CTA Green Line train and major public transportation hubs provides connectivity for commuters and easy transportation. Sellers financing is available.

Property Subtype:

Storefront Retail/Office

Date on Market:

2024-01-22

Chicago Retail for Sale - South Chicago

Property is a 6000 sq foot single tenant building net leased to a school for hair design. Long time tenant, currently leased through June 2032 at $4000/month. Tenant pays taxes, utilities, and maintenance.

Property Subtype:

Storefront

Date on Market:

2023-10-19

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

Don't miss this prime rental opportunity (B2 Zoning) on a high traffic area in Lincolnwood. The total rental space is 4,800 sq ft but it can be divided into 1600 sq ft each. The location is super. The population is so dense. There are 15K+ people living in 1 mile radius, 297K in 3 miles, and 809K in 5 miles!! Also, the neighborhood is great!! The average house income in the area is $100K+!! Another great opportunity of this area is that a huge mixed use residential complex called District 1860 will open this year at the intersection of Touhy and Lincoln Ave (only 0.6 miles away from this property). Once District 1860 is open, there will be heavier walking and car traffic at Touhy and drive more retail businesses. What about the demographic in this area? It is very diverse so you can have many great options to run a business instead of focusing on a specific ethnic group. The property is worry free because it was fully updated with new roof, new HVAC, new Water Heater, new electricity wiring, etc. It also comes with 15+ parking bays. The current condition of the property is a whitepaper. The next step for you is just coming to the property and draw your dream business in it! The seller/landlord is very open to negotiate TI or build out depending on lease or sales terms. What are you waiting for?? **If you want to rent a part of the building, here is the price for each unit. 3921 W Touhy - $20/sf, 3923 W Touhy - $23/sf, and 3925 W Touhy - $25/sf

Property Subtype:

Freestanding

Date on Market:

2023-06-29

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