Former Bank Branch | Full-Acre Chatham Corner - 8700 S King Dr

Chicago, IL 60619

• Retail Space
• Retail for Sale
• $1,216,241 CAD
• 8,000 SF

Chicago Retail for Sale - South Chicago

GN Bank is selling its former Chatham bank branch location, presenting an investment or owner/user opportunity to acquire 371 E 87th Street in Chicago, Illinois, a corner-site comprised of three parcels (also addressed 8700 S King Drive). Subject offers a rare, full-acre signalized-corner site with purpose-built banking infrastructure. The property has 8,000 square feet of rentable space and totals 8,430 gross square feet. The single-story masonry building was constructed in 2000 and features five drive-thru lanes (two canopied), drive-up vaults, an interior vault, a dedicated security room, and hardened construction throughout. Since being sold strictly as-is/where-is, a new owner can plan a gut renovation or systems retrofit. Chatham's healthcare and pharmacy demand is real; the neighborhood lost its last Walgreens in June 2026, the Ward 6 pharmacy-access pilot is active, TCA Health's 340B clinic operates 2.5 blocks east, and the corridor has seen recent conversions of former bank buildings (a national QSR redeveloped the ex-Seaway drive-thru branch nearby). The drive-thru lanes suit pharmacies, clinics, QSRs, credit unions, or any queue-based operation. The CTA #87 bus stop is located at the corner of the signalized intersection, driving visibility and foot traffic. Business redevelopment is supported under the subject’s B3-1 zoning (Community Shopping District). Property Taxes: TY2024 $66,323 (all parcels; seller clears all property-tax arrears at or before closing). Terms: Offering Price is $875,000. As-is/where-is, no repair credits (condition is priced in). Cash or proof of funds preferred; quick close available; seller can deliver a clear title on a standard title company timeline. Buyer's inspections welcome during a defined diligence window. Subject’s existing condition summary: - The building has been vacant and secured (steel window/door guards) since late 2024. - A November 2024 forced-entry/ATM-theft incident damaged the drive-up area, interior plumbing and electrical, and portions of the bathrooms and ceilings; the damage is unrepaired. - Roof leakage has been documented since 2021-2022; ceiling water staining is present. The buyer should budget for roof work. - The parking lot requires full replacement (the owner obtained a replacement proposal in 2024). - Electric and gas services are disconnected; buyer re-energizes. Full written condition disclosure and photo set available to serious buyers on request. Inquire today for more information.

Contact:

GN Bank

Property Subtype:

Bank

Date on Market:

2026-07-10

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Pope Building - 633 S Plymouth Ct

Chicago, IL 60605

• Retail Space
• Retail for Sale
• $1,111,992 CAD
• 6,645 SF
• 1 Unit Available

• Air Conditioning
• Bicycle Storage
• Fitness Center
• Kitchen

Chicago Multifamily for Sale - South Loop

Jameson Commercial is pleased to present 633 S. Plymouth in Chicago, an excellent opportunity for armchair investors seeking a property with stable income and future upside. This well-located asset features three long-term tenants, each with leases expiring within the next two years, allowing for potential rent adjustments to current market rates. Investors can benefit from strong cash flow while implementing property updates, while users can also consider occupying the space, offsetting costs with rental income. Whether as a passive investment or an owner-occupied building, 633 S. Plymouth offers versatile income potential in a prime Chicago location.

Contact:

Jameson Commercial

Property Subtype:

Apartment

Date on Market:

2026-08-26

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Yates Boulevard Shops - 2400-2418 E 75th St

Chicago, IL 60649

• Retail Space
• Retail for Sale
• $1,737,487 CAD
• 21,131 SF

Chicago Retail for Sale - South Chicago

Seller financing available to qualified buyers. Sold "as is". Sale includes all FF&E in the laundromat and adjacent vacant lot at 7447 South Yates Blvd.

Contact:

Wesley Realty Group, Inc.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-08-06

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6848 S Ashland Ave

Chicago, IL 60636

• Retail Space
• Flex for Sale
• $76,448 CAD
• 2,500 SF

Chicago Flex for Sale - South Chicago

Rare opportunity to acquire a mixed-use building on a high-visibility commercial corridor in Chicago. This property features approximately 2,500 SF of commercial storefront space on the first floor, previously occupied by an upscale salon complete with a private office and restroom, along with a spacious 1,800 SF three-bedroom, one-bath residential unit on the second floor. The property sustained fire damage from an electrical fire in the upper residential unit and is being sold AS-IS, presenting an excellent value-add opportunity for investors, developers, or owner-users seeking to renovate and customize the space. The commercial storefront offers an open layout suitable for a variety of retail, office, or service-based businesses, while the upper unit provides the potential for rental income or owner occupancy after rehabilitation. Additional features include rear parking for approximately 2–3 vehicles and excellent exposure along busy Ashland Avenue, offering strong visibility and traffic counts. Whether you're looking to reposition a mixed-use asset, establish your business while generating residential rental income, or add a redevelopment project to your portfolio, this property offers significant upside potential in a well-traveled Chicago location.

Contact:

Keller Williams Preferred Realty

Date on Market:

2026-08-03

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Absolute NNN Ground Lease Wendy's in Chicago - 7031 S Western Ave

Chicago, IL 60636

• Retail Space
• Retail for Sale
• $2,362,983 CAD
• 3,485 SF

Chicago Retail for Sale - South Chicago

This offering presents a rare opportunity to acquire a low price point absolute NNN ground lease providing truly passive, management-free ownership with secure in-place cash flow. The asset is leased to Wendy’s, a globally recognized quick-service restaurant brand operating more than 7,000 locations worldwide, offering a strong tenant profile and long-term stability. As a drive-thru QSR, the property benefits from one of the most sought-after sectors in the net lease market, driven by consistent consumer demand, resilient performance, and strong investor appetite. Strategically located along the heavily trafficked Western Avenue corridor in Chicago, the site offers excellent visibility and access to dense surrounding neighborhoods. The property is further supported by a highly populated trade area, with approximately 700,000 residents within a five-mile radius, providing a deep and diverse customer base that drives consistent foot traffic and long-term performance. 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

Contact:

NNN Investment Group of Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2026-07-21

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2207-2214 W Ogden Ave

Chicago, IL 60612

• Retail Space
• Retail for Sale
• $3,468,025 CAD
• 5,000 SF

• Restaurant

Chicago Retail for Sale - South Chicago

For Sale or Ground Lease: High visibility corner site with land area approx. 16,639 SF, and existing 5,000 SF building. The building has been home to longtime Chicago establishment Lulu's Hot Dogs for over 50 years! Tenant will vacate upon closing.

Contact:

Troy Realty

Property Subtype:

Fast Food

Date on Market:

2026-07-20

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342 E 71st St

Chicago, IL 60619

• Retail Space
• Multifamily for Sale
• $1,667,988 CAD
• 10,000 SF

Chicago Multifamily for Sale - South Chicago

Exceptional Mixed-Use Investment Opportunity! This rare package includes two modern buildings being sold together, offering a total of 10 residential units and 4 commercial storefronts in a prime, income-producing location. 342-348 E. 71st, features four retail storefronts and four spacious 2-bedroom apartments, while 7051 S. Calumet Avenue is a three-story, six-unit apartment building, with all six units offering 2-bedroom layouts. Additional improvements include a partial roof replacement in 2024 on 342-348 E 71st, along with updated electrical and copper plumbing in 2020. The residential units are highly desirable 2-bedroom layouts, and the commercial component provides diversified income with additional upside potential. Whether you're expanding your portfolio or completing a 1031 exchange, this turnkey mixed-use investment offers strong cash flow, multiple revenue streams, and long-term appreciation potential.

Contact:

POWER Realty Chicagoland

Property Subtype:

Apartment

Date on Market:

2026-07-16

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6915 S Ashland Ave, Chicago, IL 60636-3903 - 6915 S Ashland Ave

Chicago, IL 60636

• Retail Space
• Retail for Sale
• $1,216,241 CAD
• 9,150 SF

Chicago Retail for Sale - South Chicago

Midwest Investment Advisors with KW Commercial and Keller Williams ONEChicago presents an opportunity to acquire an established automotive repair facility with substantial adjacent commercial land at the signalized intersection of 69th Street and Ashland Avenue in Chicago. The offering encompasses 36,795 square feet of contiguous land (0.84 acre), featuring a 9,150-square-foot automotive repair and retail building on a 10,780-square-foot parcel, along with an additional 26,015 square feet of gated land. Zoned B3-3, the site allows for continued automotive operations, commercial use, business expansion, or potential redevelopment, subject to approvals. The property has operated as a family-owned collision and auto repair business since 1969 and is currently managed by its second-generation owner, reflecting long-term neighborhood demand and the viability of automotive-related services. Existing infrastructure and active utility connections support current or expanded operations, with ample space for customer parking, vehicle staging, tow-truck circulation, fleet storage, and parts storage. Located directly across from major neighborhood traffic generators such as Food 4 Less with a fuel center, Chase Bank, Bank of America, Foot Locker, Little Caesars, and Subway, the site benefits from consistent daily traffic and strong area retail synergy. Offered at $875,000, the property includes 36,795 square feet of land with a 9,150-square-foot building, priced at $23.78 per square foot of land and $95.63 per square foot of improvements. This property provides multiple strategic options, including continued automotive use, owner occupancy, leasing, fleet operations, service retail, business expansion, or comprehensive redevelopment, making it an exceptional opportunity for investors and developers seeking a highly visible urban site with significant land and existing improvements.

Contact:

Midwest Investment Advisors

Property Subtype:

Auto Repair

Date on Market:

2026-07-15

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