Chicago IL Real Estate & Commercial for Sale

Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039782. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the middle building of 3 located on the SW corner of Ashland and Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease.

Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039763 and #12039782. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. The 1st of the 3 parcels, which is located at 3111 S. Archer, is a one story retail location with a finished basement. The first floor is all open space and the basement area has the same footprint, but includes 2 private rooms with sinks, and a 2 separate bathrooms. The billboard on the roof of this bldg is owned by Clear Channel and they have a easement in perpetuity and own the air rights. In a deal inked many years ago, the owner of this property derives no rental income from that billboard or from any lease payments for the easement. This property is being offered for sale individually for $150,000. This space - and only this space - is also being offered for lease at $1800/mo on a gross basis.

Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. The 1st of the 3 parcels, which is located at 3111 S. Archer, is a one story retail location with a finished basement. The first floor is all open space and the basement area has the same footprint, but includes 2 private rooms with sinks, and a 2 separate bathrooms. The billboard on the roof of this bldg is owned by Clear Channel and they have a easement in perpetuity and own the air rights. In a deal inked many years ago, the owner of this property derives no rental income from that billboard or from any lease payments for the easement. This property is being offered for sale individually for $150,000. This space - and only this space - is also being offered for lease at $1800/mo on a gross basis. The second building is located just west of this at 3115 S. Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease. The third property is just west of this one and has the address of 3117 S. Archer Ave. This is a one story structure with driveway access on Ashland Ave and vehicle egress through an overhead door onto Archer Ave. The long time tenant here is a Car Wash named Fine Touch Pro Detailing and Car Wash. 3117 S. Archer Ave is being offered individually for sale for $200,000. This property is also not being offered for lease. If all 3 properties are purchased individually, the total purchase price will be $800,000. If these 3 properties are purchased all together as a package, they can be acquired for the discounted sale price of $725,000 - again, with the stipulation that any new owner must abide by the City of Chicago's SRO ordinance which dictates the terms and conditions of the transfer of SRO properties. If fully leased, these 3 properties together will produce a gross income of approximately $110,000/yr, and with conservatively estimated Operating Expenses, an NOI of $59,950. At the package deal price of $725,000, this will equate to an 8.27% Cap Rate.

Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039763. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the westernmost of 3 properties at the SW corner of Ashland and Archer Aves and the address is 3117 S. Archer Ave. This is a one story structure with driveway access on Ashland Ave and vehicle egress through an overhead door onto Archer Ave. The long time tenant here is a Car Wash named Fine Touch Pro Detailing and Car Wash. 3117 S. Archer Ave is being offered individually for sale for $200,000. This property is also not being offered for lease

Welcome to this vibrant mixed-use property nestled in the heart of Pilsen! Ideal for investors or owner-occupiers seeking a prime location with endless potential. The two three-bedroom apartments boast spacious living (2 living rooms per apartment) and dining areas, perfect for comfortable urban living. Meanwhile, the storefront's 1000 sq ft open layout, complete with new windows, lighting, and flooring, presents an enticing opportunity for entrepreneurs. With a recently remodeled bath and potential for more office space in the partial basement, this property offers versatility and charm. The exterior features a fenced in backyard, each apartment with a porch/deck and a 2 car garage. Don't miss out on ample street parking, making accessibility a breeze. Explore the endless possibilities of this thriving Pilsen gem today!

HOT EAST PILSEN FIRST TIME OFFERED LOCATED ON BUSY 18TH STREET, NEAR A MULTITUDE OF HOT RETAIL AND FOOD LOCATIONS INCLUDING BUT NOT LIMITED TO CARNITAS DON PEDRO, PILSEN YARDS AND HOT SHOPPING STORES LIKE ANNA BROWN AND KNEE DEEP VINTAGE. THE PROPERTIES ARE 3 SEPARATE ADDRESSES BUT ARE BEING OFFERED AS ONE PARCEL. THE PROPERTIES BOASTS 2 LOTS FOR PARKING AND A 2 STORY MIXED USE PROPERTY ON 18TH STREET. PARCEL IS 72 FEET OF FRONTAGE, A GREAT LOCATION FOR A NEW DEVELOPMENT OR ALSO IDEAL TO LEAVE AS IS AND COLLECT RENT. SEE RENTROLL AND SURVEYS IN ADDITIONAL INFO

Great property with cash flow! Located in a High traffic area. Good income producing mixed use property in Bridgeport. Owner has taken good care of the building. You can do a lot here! The open space on the ground level can be used as office space, Real Estate office, medical office, dental, pop up business, etc. Features a nice size conference room, private office, full kitchen & full bathroom. The 2nd floor is a legal 2 bedroom/1 bathroom apartment, rented by long term tenant. The garden unit is a legal AIR BNB apartment that is a consistent money maker. Great income and room to grow. There are 3 parking spots in the rear. Great location. Motivated seller! Located near the highway & public transportation. New construction in the works all around.

Extremely unique, fully renovated solid masonry construction 7-unit Multi unit property in hot and still appreciating Pilsen. Building includes (5)-2BR/1Bath apartments + (1) Coach house 3BR/2Bath + (1)-1BR/1Bath. Building completely rehabbed in 2014, new electrical, new plumbing, new bathrooms and kitchens, all separate utilities, common laundry room with tenant storage lockers. Professionally managed armchair investment with NO deferred maintenance. Opportunity to increase rents, including possible duplex up 3rd Floor unit to the top floor attic, refrigerant lineset in place, ready for central A/C upgrade in 6 units. The massive coach house has tall cathedral ceilings, central A/C, in unit W/D, perfect for owner occupied unit. Just a few short blocks to awesome restaurants, bars, grocery stores, California Pink line L stop and short drives to highways and downtown.

GREAT LOCATION, MIXED-USE BUILDING. STORE FRONT OVER 2020 SQ FT, FINISHED BASEMENT WITH PLENTY OF STORAGE, 1 BEDROOM APARTMENT ON 2ND LEVEL, 2 CAR GARAGE, TENANTS PAY THEIR OWN UTILITIES. NEW ROOF 2022 AND TUCKPOINTING 2016.

Great investment opportunity in Pilsen. 2 buildings on one lot. The front brick building has 4 apartments. Each apartment has 2 bedrooms/1 bath & hardwood floors, open kitchens and plenty of natural sunlight. The rear coach house has 2 additional apartments with 2bds/1bth in each apartment and semi updated. Current rents are well below market. Windows, roof and sidewalk updated 8 years ago. Ideally located in the Heart of Chicago. Walking distance to 24th & Oakley restaurants, Pete's Market, Pink Line train station. Rare opportunity to own a multi-family home in a vibrant and diverse area with potential for profitable rental income and appreciation. Sold as is.

This large and attractive all brick, certified 5-unit multi family building is an epic investment in every way! The location is nothing but ideal, as it sits fully handsome, cozy and content, cradled at the end of an ultra low traffic cul de sac street, on an oversized double lot (49x130) 2 short blocks from the el. The building is essentially equidistant between Douglass Park, an escapist green retreat one short block away, with its rolling fields, play grounds and seasonal festivals, and Lagunitas Brewery, with its endless hallways and event spaces, all of which set it apart from the rest, by a lot! The building is in excellent condition, updated and fully occupied, with tenant paid utilities, forced air furnaces, newer appliances, windows, roof and more. The photos tell the story. Rent roll, survey and zoning cert are available upon request.

Very well maintained 6 unit property offers and Incredible Investment opportunity. Property consists of a Brick 4 unit with full basement on the front of the lot and a Brick 2 unit on the rear of the lot. All units have individual gas and electric meters and pay their own utilities! Front building consists of a 3 Bedroom on the 1st floor...a 2 bedroom (2nd rear) and a 1 bedroom (2nd front) plus a 4 bedroom 3rd floor. All units have GFA furnaces. Many upgrades including Kitchens/Baths/Flooring. Coin-op washer and Dryer in basement Laundry Room is used by all 6 units. Rear building consists of 2 units both 3 bedrooms with hardwood flooring on 2nd floor an individual GFA furnaces. Rear property also has updated Kitchens and Baths! Also, a large walk up attic. Ceiling fans throughout all 6 units. All appliances (2016 or newer) owned by Seller. 4 furnaces installed after 2016. Great location...walk to Pink Line! Near Millennium Park,Chinatown, Lakefront, Museum Campus, UIC and so much more the city has to offer. Current gross rental income $70,620...potential to add value as rents are currently under market. Notice required to show...fully occupied. Well managed building!

1813 S. Ashland is a five (5) unit building in Chicago's historic Pilsen Neighborhood. An attractive location for tenants, this particular property sits steps away from 18th Street, home to some of Chicago's most underrated restaurants. Located one block from the 18th/Paulina Station, the property provides quick and easy transit via pubic transportation to Chicago's Downtown. 1813 S. Ashland is comprised of four (4) 2Bd/1Ba and one (1) Retail space. Highlights include modern finishes with LVP flooring, along with updated mechanical systems. Additionally, the property has in-unit laundry machines and exposed brick walls, making it extremely marketable to potential tenants. 1813 S. Ashland presents an investor with the opportunity to raise rents increasingly through a value-add approach to new ownership. In doing so, its new owner will realize a boosted cap rate and net operating income.

1801 W. 21st St, a five (5) unit building in Chicago's historic Pilsen Neighborhood. An attractive location for tenants, this particular property is just blocks away from 18th Street, home to some of Chicago's most underrated restaurants. Located two blocks away from Damen Train Station, the property provides quick and easy transit via pubic transportation to Chicago's Downtown. 1759 W. 21st is comprised of four (4) 2Bd/1Ba and one (1) 3Bd/1Ba units. Highlights include modern finishes with wood flooring, along with updated mechanical systems. Included in the unit mix is an incredibly spacious, unattached Coach House in the rear of the building, with ample opportunity to raise rental income. 1759 W. 21st presents an investor with the opportunity to raise rents increasingly through a value-add approach to new ownership. In doing so, its new owner will realize a cap rate over 8% and a cash return of 9.18%.

1759 W. 21st St is a seven (7) unit building in Chicago's historic Pilsen Neighborhood. An attractive location for tenants, this particular property is just blocks away from 18th Street, home to some of Chicago's most underrated restaurants. Located two blocks away from Damen Train Station, the property provides quick and easy transit via public transportation to Chicago's Downtown. 1759 W. 21st is conveniently comprised of two (2) 1Bd/1Ba, four (4) 2Bd/1Ba, and one (1) 3Bd/1Ba units. Highlights include modern finishes with LVP flooring, along with updated mechanical systems. Plus, each unit has its own furnace and hot water tank, furthermore adding to a potential new owner's net operating income stream. 1759 W. 21st presents an investor with the opportunity to raise rents increasingly through a value-add approach to new ownership. In doing so, its new owner will realize a cap rate over 8% and a cash return of 10.49%.

Rarely available 6-unit mixed use Greystone on Ashland Ave with possible 7th unit studio/storage and FULL basement and brick 2 car garage! Building features updated electrical, many newer windows, 2 car brick garage, 27,000~ daily traffic on Ashland Ave, CTA Pink Line 18th St/Paulina.3 mile away short walk, CTA bus 1/2 block walk, lots of new developments in the area, restaurants and shopping walking distance, laundromat next door, minutes from Downtown. Building has secure/fenced in backyard with alley access. Lots of street parking available. Building is walking distance from K-12 schools.

Large 6-unit mixed-use building located in the heart of 18th Street in Chicago's Pilsen neighborhood. The building was renovated in 2017 and features favorable floor plans, newer roof, plumbing, electric and a full basement. There is a large 2 car garage in the rear for additional income. The apartments consist of Three 1 bed/1 bath units, a 2 Bed/1 bath unit and a large 2 bedroom/2 bath full floor unit. All units have newer kitchens, baths, SS appliances, full HVAC and on-site laundry.

PERFECT LOCATION TO START OR EXPAND YOUR OWN BUSINESS IN PILSEN AREA (HEART OF SOUTHWEST CHICAGO). RESTAURANT FOR 50 SEATS PLUS FULL SERVICE BAR. TWO EXTRA APARTMENTS WITH 3 BEDROOMS EACH, FOR EXTRA INCOME, FULL BASEMENT AND A 2 BRICK CAR GARAGE. (APARTMENTS HAVE SEPARATE UTILITIES AND MANY MECHANICALS HAVE BEEN UPDATED).

Introducing an exceptional investment opportunity in the vibrant neighborhood of Pilsen! This brand new, gut-rehabbed multifamily building boasts 15 stylish units, offering the perfect blend of modern luxury and urban convenience. With a 7.51% capitalization rate, this property presents an irresistible chance for savvy investors to maximize their returns in a rapidly growing market. Located in the heart of Pilsen, one of the hottest areas in town, this multifamily building benefits from an incredibly desirable location. Pilsen is renowned for its vibrant arts scene, trendy boutiques, popular restaurants, and lively entertainment options, making it a sought-after destination for residents and visitors alike. In addition to its superb location, this multifamily building has been meticulously renovated from top to bottom, ensuring low maintenance and minimal vacancy rates.

it is office mix-use space, one of the prime business location in Bridgeport community, close to everything CVS, Bank and expressways, bus and super markets, UIC and ITT university, new construction around and new police station nearby, the store has 489 sq and one full bathroom, central heat and Air.