Chicago Multifamily for Sale - Northwest City

Very rare offering, This great 3 story, 7 Unit commercial mixed-use building is for sale at 2944 W Devon. The building features a Classic facade. Building is 8975 SQ FT, Land Site is approx. 6250 SQ FT, B1-2 Zoning. Valuable opportunity for an Investor, Developer or end user to acquire a boutique mixed use building right in the heart of Rogers Park. Not to mention Great visibility and very high traffic at this location - 26,700 Vehicles Per Day on Devon, On the first floor, There is a 3300 SQ FT Very busy Retail Bakery in operation, The Bakery features a Fantastic business location with great signage visibility. Very heavy pedestrian traffic, Very vibrant retail area. On floors two and three there are 2-1bed-1ba units, 2-2Bed 1 Bath units, 3-3Bed 1 Bath units. Rear parking lot with 2 spaces, Close to area expressways and Public transportation options include CTA Bus Stops along Devon Avenue. This property is surrounded by retail and restaurants. Area retailers include, Dunkin, city fresh market, Anmol barbeque, Dollar tree, Delhi Darbar Kabab House, Kol Tuv Kosher Foods, Rosens Morse view Pharmacy, Price is negotiable, Please note; Ownership will listen to all offers within reason. Do not bother tenants, Please call listing agent for a showing.

Property Subtype:

Apartment

Date on Market:

2024-07-18

Chicago Retail for Sale - Northwest City

Unique 2,800 SF commercial building with 22.5' high ceiling in the heart of Wicker Park (Polish Triangle). Highly visible building next to Popeye's at the corner of Ashland and Division. No columns or pillars inside the space. Partial basement with 7' ceiling. This is a superb, high traffic location, steps from the busy Division CTA Blue Line L-stop. Ashland Avenue sees 23,400 vehicles per day and Division Street sees 15,400 vehicles per day. The immediate area has a lively mix of bars, restaurants and well-known retailers. It is also easy to access from I90/94 (two blocks away).

Date on Market:

2024-07-16

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

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.

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 - 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

3 LOT PROPERTY FOR SALE 8.1% CAP RATE 5618-20-22 N Western Ave., Chicago, Illinois  60659 (just a little north of Bryn Mawr, west side of the street)   C1-2 zoning / 30,000 cars per day traffic count Three 2755/SF LOTS or 8265/SF total / 75’ frontage x 110’ deep ABOUT 8000 TOTAL BUILDING SQUARE FEET This is a great opportunity to acquire a FULLY occupied THREE-lot property in Arcadia Terrace on Western Avenue. Investment/owner property, highly visible with a tremendous traffic count and C1-2 ZONING for many businesses. From left to right it consists of: 5618-gated parking lot/5620 three story mixed use ALL NEW REHAB-- with a store, 200 amp panel, front-back office plus three private offices Upstairs has two 2-BR apartments, 100 amp panel, with separate dining rooms  All units with separate NEW HVAC plus hardwood floors plus all NEW steel back decks NEW hot water tank, NEWER roof-5 years, rebuilt parapets, tuckpointed 5622 is a free standing 1 story flexi-core commercial garage---levels can be added---200 amp 3-phase + 200 amp panel.   TWO CURB CUTS AT 5618 AND 5622  ALSO IDEAL FOR RE-DEVELOPMENT—-taxes have been reduced  TAXES 2025 5618     13-01-432-027-0000   $5,004.18 (bill says 5619, incorrect) 5620     13-01-432-026-0000   $11,849.56 5622     13-01-432-025-0000   $8,255.91                        TOTAL              $25,106.65 CURRENT TENANT STATUS 5618 N Western MONTH TO MONTH 5622 N Western MONTH TO MONTH 5620 N Western-1 5-27 expiration 5620 N Western-2   10-26 expiration 5620 N Western-3   2-27 expiration DIMENSIONS 5618     enclosed parking lot, gated on both ends LOT       25’X110’ / 2755SF 5620     3-story mixed use, store + 2 apartments---about 4800BSF STORE --about 1750SF front      33x18 / ADA bathroom 8x7 back      11x37 office     11x9 office     11x9 office     11x9 APARTMENT-2nd floor---1250SF Living    17x12 Dining   15x10 Kitchen 12x10 BR1       15x10 BR2       13x10   APARTMENT-3RD floor---1250SF   Living    17x12 Dining   15x10 Kitchen 12x10 BR1       15x10 BR2       13x10   Garage 25x40 (storage for 5622, connected) 5622     single story commercial garage INSIDE GARAGE TYPE SPACE 25X110 space / 2750SF total (+1000SF from the back of 5620) Between Bryn Mawr and Peterson, adjacent to Lincoln Avenue. Easy access to public transportation and Lake Shore Drive.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2022-04-29

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

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

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