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

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

Chicago Retail for Sale - Northwest City

Net Leased Investment Property 7010 Sq. Ft. property with building and parking lot Fully Execute 15-year NNN lease with Texas based SpinXpress Laundry Highly successful Texas based company with over 20 locations Minimal Landlord responsibilities Strong Guaranty Fully Rehabbed in 2023-2024

Property Subtype:

Freestanding

Date on Market:

2022-09-26

Chicago Retail for Sale - Northwest City

Located in a Trending Neighborhood near Rogers Park, on Touhy, just west of Rockwell. Self-managed, single story, brick building with ample parking in the rear (12 spaces) and five storefronts on Touhy Avenue. Long term tenants in place: Menchies (15+ years), R&B Tire Shop (15+ years), Zumba Studio and AIKI Budo Karate Center. Utilities are separately metered, renters pay for gas and electric; each unit has individual HVAC; Landlord is responsible for snow removal and landscaping. Well maintained building with recent updates: two storefront roofs were replaced, recently tuckpointed, exterior was repainted in 2020, recently repaved parking lot. 1.2 Miles to the Rogers Park Green line train station, multiple bus stops and Divvy stations plus close access to the Expressway and Lake Shore Drive. Area tenants include: Autozone, Buckingham Rehabilitation Care, Ann Blitstein Teachers Institute, North View Dry Cleaners, Pearly Whites Dental, Andres Roofing, A Gentle Wind Florist, 7-Eleven and much more!

Property Subtype:

Storefront Retail/Office

Date on Market:

2022-09-13

Summit Argo Retail for Sale - Near South Cook

Hard Corner Strip Center at 63rd and Harlem. 4 retail spaces fully leased inside the retail building with long term leases and good rents. Large sign on corner for all tenants and amazing visibility. Access to both Harlem as well as 63rd. Street. Just down the street from Seat Geek Stadium and near everything Harlem has to offer. Highly dense and strong vehicle traffic. Call for Financials and additional information.

Property Subtype:

Freestanding

Date on Market:

2022-08-29

Chicago Retail for Sale - South Chicago

MOTIVATED SELLER**** Great all brick building mix use investment property. Occupied by a Grocery store and 2nd floor huge apartment in great shape. Great Rental Income .The store just got remodeled recently. $3,500./month Gross Income.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2022-06-20

Chicago Retail for Sale - South Chicago

FANTASTIC OPPORTUNITY FOR AN INVESTMENT BUYER SEARCHING FOR FLEXIBILITY AND UNLIMITED POTENTIAL IN ONE OF THE MOST STABLE AND SOUGHT-AFTER NEIGHBORHOODS IN CHICAGO! ESTATE SALE AS-IS, THIS ASSET, 11112 - 11116 SOUTH KEDZIE INCLUDES 3 RETAIL/OFFICE STOREFRONTS APPROXIMATELY 1000SF EACH WITH LONG TERM TENANTS - 2 LARGE TWO BEDROOM RESIDENTIAL VACANT APARTMENTS - 1 VACANT CITY LOT 30' X 127' TO KEEP AS A PARKING LOT TO ENHANCE THE BUILDING, OR BUILD ON TO MAXIMIZE POTENTIAL! OPPORTUNITIES LIKE THIS IN MOUNT GREENWOOD DO NOT COME TO MARKET OFTEN. BUILDING IS 6600 TOTAL SF. CONTACT LA FOR FULL FINANCIALS AND ALL SHOWING REQUESTS - DO NOT DISTURB TENANTS!

Property Subtype:

Storefront Retail/Residential

Date on Market:

2022-05-19

Chicago Retail for Sale - South Chicago

For Sale-- Vacant 700sf free standing building on a 5,250sf site. The site is located at the southeast corner of 119th & Parnell. The site is Ideal for fast food. small retail or office There is potential for a drive thru.

Property Subtype:

Freestanding

Date on Market:

2020-12-05

Chicago Retail for Sale - South Chicago

The site is located in Chicago's South Shore Community on the northeast corner of 75th St and Jeffery Blvd., a four way traffic light intersection. The area is densely populated and the site is in a vibrant mixed use business district area. The new South Shore College Prep High School is on the southeast corner of the same intersection. The major shopping district with some big box is located less than a half mile north on Jeffery Blvd.

Property Subtype:

Auto Repair

Date on Market:

2020-10-11

Chicago Retail for Sale - South Chicago

Incredible cash flowing strip center that is already producing a 11% Cap Rate. This is a prime three unit commercial corner property successfully run as a neighborhood street level retail center with longtime laundromat, nail salon and beauty supply tenants. Two tenants just executed three-year leases with 4% annual escalation while the third just signed a five-year lease with 3% annual escalations. Tenants pay for all utilities. This 100% occupied 4,800 SF freestanding three-unit building has 148 ft 71st Street frontage. Located in the Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Easy access to the Eden's Expressway and The Skyway. Nearby intersection has 25,000+ VPD. Zoned B3-1 – Community Shopping District. Located in the 67th/Wentworth TIF District. The district is intended to foster new residential, commercial, and mixed-use development investment opportunities. Other grant options are possible, such as the Neighborhood Opportunity Fund and the R3 Grant.

Property Subtype:

Freestanding

Date on Market:

2020-05-28

Chicago Retail for Sale - Northwest City

great building 100 % occupied yoga studio on 1st floor. parking for 4 cars. 2nd floor 3 bedroom apartment $2,550 per month

Property Subtype:

Storefront Retail/Residential

Date on Market:

2020-02-03

Chicago Retail for Sale - Northwest City

Pulaski and Madison retail corridor, a 15,600 square foot mixed-use building is available for sale. The first floor is built out with a mix of retail and office space. Current tenants are a grocery store and income tax prep office. The upper floors are vacant with an open layout ready to be developed as office, creative or apartment space. Nearby businesses are a mix of local and national retail users including BMO Harris Bank, Aldi, Foot Locker, and White Castle. This is a great opportunity for a user or investor looking to add value.

Property Subtype:

Storefront Retail/Office

Date on Market:

2016-12-02

Chicago Retail for Sale - South Chicago

Great Investment Property , 4 Apartments and 2 store fronts , Great income

Property Subtype:

Storefront Retail/Residential

Date on Market:

2019-03-15

Summit Retail for Sale - Near South Cook

NOTE: THE REAL ESTATE TAXES FOR 2023 PAID IN 2024 WERE RECENTLY REDUCED FOR THE NEXT 3 YEARS TO $52,011 ANNUALLY ALSO WE RECEIVE ADDITIONAL REFUNDS FROM PTAB. FULLY LEASED 10,014 SF SOLID BRICK BUILDING ,ALL HVAC SYSTEMS WERE REPLACED RECENTLY, PROPERTY ZONED (B-2 GENERAL BUSINESS). PLENTY OF PARKING IN FRONT & REAR LOTS (LOT 21,070 S.F.) GREAT EXPOSURE ON BUSY ARCHER AVE, 2 BLOCKS WEST OF HARLEM AVE,

Property Subtype:

Storefront Retail/Office

Date on Market:

2016-03-28

Summit Argo Retail for Sale - Near South Cook

This 6,690 SF freestanding building is available for sale or lease and offers a highly adaptable layout suitable for a variety of commercial uses. Formerly occupied by a bank, the property features expansive on-site parking and includes a fully finished basement, providing additional functional space. The site benefits from strong surrounding retail tenancy, including USPS.com, ACE Hardware, and Dollar Tree, as well as excellent visibility along key corridors with traffic counts of up to 44,000 vehicles per day on Harlem Avenue. The property is further supported by dense surrounding population and strong household incomes within a five-mile radius.

Property Subtype:

Bank

Date on Market:

2026-04-10

Chicago Retail for Sale - Northwest City

Prime investment opportunity to purchase 100% leased, four unit commercial condo property in Edgewater neighborhood and close to Loyola University, with approx. 17,000 students.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-22

Chicago Retail for Sale - Northwest City

Property Subtype:

Storefront

Date on Market:

2026-03-14