Illinois Multi-Family Commercial Real Estate

1/2 mile to I-294 95th Street Interchange, two blocks to Harlem Avenue bus line. Convenient access to nearby shopping, schools, Pace bus service & two blocks to the 95th Street ramp to I-294. Two - Six Unit Apartment Buildings. Each building has 1 studio and 5- 1 bedroom apartments. Recent improvements include new windows, roof and parking lot.

Lakeview ATTN INVESTORS - 6.4% CAP well maintained 3-Flat in AAA+ Lakeview location ideal for renters or convert to SFH (early termination clauses on all leases). Features top floor 4BD/3BTH duplex-up with master suite; 1st floor 2BD/1BTH + Study/Den; and 2BD/1BTH Garden unit. Spacious Floor Plans with improvements throughout - HDWD Floors, Newer Baths/Kitchen, Mechanicals and Roof within last 10-years. Solid Building w/great tenants & strong income. All 3 units have been fully leased for 15+ years, with zero vacancy. Easy to rent. 2-Car Garage + Rear Garden.

Located in Chicago's Pilsen neighborhood at the corner of 18th Street and Hamilton Avenue. Pilsen is one of the hottest neighborhoods in the country and features easy access to Public Transportation. Forte commuter, it is centrally located with easy access to I-55, I-290 and I-90/94. The subject property is just a few blocks to the 18th Street & Damen CTA Stops as well as the Metra Station at Western & 18th Street. The tenants love the short walk to the 18th Street retail corridor featuring restaurants, cafes and boutiques as well as Harrison Park, an 18.58-acre park featuring an indoor pool, soccer /baseball fields and basketball courts. 5-unit mixed-use building located on 18th Street in Chicago's Pilsen neighborhood. The building is located on the Northwest corner of 18th Street & Hamilton Avenue for excellent visibility and abundant sunlight. The building has a full basement and a parking pad for 2-3 cars in the rear. The roof is approximately 10 years old and the current zoning is C1-2 allowing for additional density. Great mix of 1 and 2 bedroom units.

Located in Chicago's Hot Pilsen neighborhood and just a short walk to the CTA Pink Line Stations at Hoyne & Western Avenue. Pilsen is located just a few miles to the Illinois Medical District, University of Illinois - Chicago, CineSpace Studios and Chicago's Business District (just a 15-minute train ride to the Loop). The location makes the area easy to rent with numerous students, medical professionals, actors and business people looking to be close to Chicago's Business District. The area has almost immediate access to I-55, I-290 and I-90/94 Expressways making the area a commuters delight. Just completed gut renovation in August of 2020 with beautiful high-end modern finishes, ss appliances, quartz counters, beautifully finished bath and private entrances. The front building has a full attic with high ceilings and a full basement with generous ceiling heights. The rear building has a large crawl space with approximately 4' ceiling heights. All units feature in-unit washer and dryers, SS appliances, dishwashers, private entrances and abundant natural light. The property has low operating costs with minimal common area expenses and private entrances to each unit.

In Geneva IL, an upscale, far western suburb of Chicago. On State St (IL Rt 38), just west Kaneville Rd near downtown Geneva, one of the principal retail and restaurant destinations in the region. 0.6 miles to Third St shopping district, 1 mile to Metra commuter station, and 1.6 miles to Randall Rd. Rare opportunity to own one of Geneva’s most unique historic properties, located just west of downtown. Originally a single-family home, this vintage 3-story, 5,500+ sf, 1906 building has for many years been a three-unit multi-family investment property. A virtual video tour is available. The main building, plus 4-car detached garage, currently sits on a 1.7 acre lot with mature trees that screen it from State St. The asking price of $600,000 is for the buildings on 1.1 acres. The optional 0.6 acre lot east of the house is priced at $250,000, for a combined price of $850,000. The current R1 zoning would allow for the structure to be converted back to a single-family residence or remain a three-flat. In addition, the zoning would also allow for a single-family home to be built on the optional lot. Current rents total $4,500/mo. Leases are short-term. 2019 taxes were $14,851. The individual apartments feature: Main floor – Features hardwood floors and dramatic vintage woodwork. Two bedrooms, combined living & dining rooms with fireplace, 2 baths, kitchen with eating area, laundry room, large wrap-around screened porch. 2nd floor – Three bedrooms, living room with sitting area with large bay windows, 2 baths, kitchen with eating area, laundry room, and outdoor deck. 3nd floor – Two bedrooms, living room, dining area, kitchen, and 1 bath.

Northwest corner of W. Roscoe Street & Greenview Avenue, two blocks west of N. Southport Avenue and one block east of N. Ashland Avenue. Within the Chicago Transit Orientation Development Roscoeview is an excellent rental property as it competes with a rental subsection just beneath new construction, Class-A luxury rentals in the immediate area. It offers a significantly more affordable option for renters in a high demand location while not compromising on interior finishes. As a full-renovation in 2008, the property requires significantly less management for a passive investor. - 2008 gut-renovation condominium conversion. Perfect candidate to be deconverted. - Each unit features in-unit laundry, central air conditioning, and gas-forced heat - Building has common hot water included in monthly association dues - Kitchens feature varying types & styles of stainless steel appliances: stove/range, refrigerator, dishwasher, and microwave - Hardwood floors throughout with tile in bathrooms - Granite counters in kitchens and bathrooms - Ample basement storage for each unit - Rear porches - One garden unit - Located within Chicago's Transit-Oriented Development (T.O.D.) zone - needs variance to B-zoning. - Potential opportunity to add multiple units in basement or duplex from first floor units

1800 sq ft Office Space, Ground Floor. Ready to move in September 31st, 2020. Located in beautiful Old Town area, built to suit as needed. $4400 per month. Please call 312-907-6539 for a showing

27,000 SF building for sale

2138-40 N. Oakley Avenue is an excellent opportunity to acquire a value-add, 3 unit property in Chicago's Bucktown Neighborhood. This well established neighborhood continues to cement itself as a premier neighborhood in Chicago, and the burgeoning market continues to attract investors and families alike. The subject property is located within walking distance to multiple CTA Blue Line stops at Damen and Western, as well as a plethora of premier dining, entertainment, and retail options along Milwaukee Ave., and North Ave. This property provides an investor with a perfect combination to develop in a neighborhood that will be desirable for years to come. On West Side of Oakley. One-way South from Palmer. Facing Holstein Park. 2138-40 N. Oakley Avenue is a 3-flat building located in the Bucktown sub-market of Chicago. Built in 1887, this building consists of 3 residential units. Included in this sale is the vacant 2,400 SF lot due south of the building. Bucktown has become a popular neighborhood for younger professionals and families alike. The neighborhood has exhibited tremendous growth within the last 5 years. This sale presents an opportunity for investors to locate in a beautiful neighborhood with amenities and conveniences.

Three blocks northwest of the intersection of N. Cicero Avenue and W. North Avenue Two-unit 2015 rehabbed apartment building for sale in booming North Austin! 2015 rehab included: updated electric, copper plumbing, individual gas-forced heat, individual hot water tanks, kitchens, bathrooms, appliances, main sewage line upgrades, concrete in basement, and back porch

Rogers Park- Chicago, 1 block south of Touhy Ave. SVN | Chicago Commercial is pleased to present for sale this beautiful vintage courtyard building located in Chicago's Rogers Park neighborhood. Consisting of 32 units (24 1BR, 8 2BR), this property has been meticulously maintained by its long-time owner. Located near public transportation options, it offers easy access to Chicago CBD and North Shore communities. A value add opportunity exists to convert large one-bedroom units to two-bedrooms, yielding approximately 25% higher rents on each converted unit. COVID-19 UPDATE: Building is fully occupied and rents have increased since March. Selective leasing practices have allowed all rents to be collected to date with no deferrals.

The subject property is located in Chicago's highly sought after East Pilsen neighborhood on 17th Street between Racine Avenue and Carpenter Street. Pilsen is located approximately a mile to Chicago's Business District, University of Illinois Chicago (UIC), 2 miles to the Illinois Medical District and features easy access to Public Transportation and I-90/94, I-55 and I-290 Interstates. The building is just a few steps to the 18th Street retail corridor, home to award-winning restaurants, cafes, boutiques and more. Walking distance to Mural Park, a 200,000 SF Office and retail redevelopment, the proposed Paseo Trail and the Halsted Street Metra Station. Large 7-unit building being sold as-is with 5 units in the front brick building and 2 units in the rear coach house. Great city views and green space in the back for gardening or entertaining. Potential to Duplex or add an 8th non-conforming unit. Two units currently have in-unit washer and dryers with on-site laundry in the basement for remaining units. Extremely well maintained with numerous upgrades completed including a tear-off roof (2008), tuck-pointing, spray foam insulation in attic, new electric service, dual pane windows and furnaces. Minimal updates required to significantly increase rents and capture a great return on investment in a highly appreciating neighborhood of Chicago. A great unit mix and favorable floor plans are just a few features of this rarely available 7 unit building. A majority of the units are on month-to-month leases allowing new ownership to increase rents or update the units easily.

Located in Chicago's Pilsen neighborhood, just a few miles to Chicago's Business District and just south of the Illinois Medical District, Cinespace, and Lagunitas Brewing Company. 2111 W 19th Street is just a one block to the Hoyne/Damen Avenue CTA Pink Line Station and is close in proximity to grocery stores, fitness, and the 18th Street Retail Corridor. Pilsen was named one of two coolest neighborhoods in North America and one of the 12 coolest neighborhoods in the World recently by Forbes Magazine. Currently, a 2 unit multi-family building that can easily be converted into a single-family residence. Great opportunity to lease the 2 updated units or convert to a single-family home. The property features 2 bedrooms on each floor with numerous updates completed, such as electric, plumbing, laundry hook-up, updated flooring, HVAC, and kitchens. There is a full attic for additional storage, a large backyard, and a front patio.

Manteno Township is in the Kankakee-Bourbonnais-Bradley Metropolitan Area. Located only 50 miles south of Chicago with easy access to Interstate-57. A few miles from Interstate 57 and blocks from Main Street Manteno. SVN Chicago Commercial is pleased to present 364-368 N Oak Street a Retail and Multi-family portfolio located in the Village of Manteno, Illinois. Great location for any new business in the downtown area. The portfolio includes a +/- 4,785 SF retail laundromat/dry cleaners, +/- 850 SF single bay car wash, +/- 2,265 SF warehouse/storage garages, and 100% occupied +/- 2,000 SF duplex. Parcels can be sold separately.

Located a block from the proposed Paseo Trail at the intersection of 18th Street and Miller in the heart of Chicago's East Pilsen neighborhood. The subject property is a mile to UIC Chicago and approximately 2 miles to Chicago's Business District. The intersection of 18th & Miller is positioned just West of Halsted Street and East of Blue Island Avenue. The property is located across the street from Joseph Jungman Elementary School and is walking distance to the Metra stop at Halsted Street and 8 blocks to the Pink Line. Additionally, access to I-90/94, I-55 and I-290 is just a few blocks away. Located at the intersection of 18th & Miller, a great mixed-use re-development or renovation site available on Pilsen's 18th Street. The property is comprised of a retail store, formerly Trino's Pizza, a vacant gutted 2nd floor apartment and a large 3 car garage with alley access. Approved plans for renovation are available for the apartment and has new copper, cast iron plumbing and framing completed. The building features a full basement and a newer steel porch connecting the retail. apartment and the three-car garage. Plenty of FAR left to create additional square footage providing a true value-add opportunity.

This classic all brick three-flat building is located on a quiet tree-lined street in Chicago's hot Ukrainian Village/Wicker Park neighborhoods. Steps from the vibrant Division Street retail corridor and its' incredible mix of retail, restaurants, and service retail. While there are a handful of Chicago neighborhoods that could make a claim to be the “foodie capital” of the city, there are few that rival Ukrainian Village for its selection of bankable favorites (brunch joints, coffee houses, bakeries and late-night eats are all on the menu) while offering a supremely convenient location for apartment renters who need to get downtown or onto the expressways. All brick, legal 3 unit multi-family on 25x125 lot in Ukrainian Village. All units are TURN KEY. The building has been completely renovated. All units are condo quality, and any of them are perfect for an Owner's Unit. Units feature central A/C, in-unit W/D's, hardwood flooring, maple cabinets, quartz counters, stainless steel appliances, private outdoor patio or decks for each unit, plus common patio pad in back. Two-car garage parking! This is a unique opportunity to own an incredible investment in this area!

Located in Chicago's Bridgeport neighborhood, birthplace to 5 Chicago Mayors and home to the Chicago White Sox. The building benefits from easy access to I-55 and I-90/94 as well as the CTA Red Line. It is just a short walk to the Bridgeport Art Center, Wilson Park and the Morgan & Halsted Street Retail Corridors, home to great restaurants, cafes and coffee. Large 7-unit brick building completely renovated in 2017-18 and is 100% occupied. The units feature central air, stainless steel appliances, granite countertops, dishwashers, microwaves, updated baths, spacious bedrooms, modern finishes, on-site laundry and storage. The building has tenant-paid utilities and underwent significant renovation with numerous capital improvements including a new roof (tear-off), electrical and plumbing making this property a great armchair investment.

Vanilla box retail space with additional basement space in beautiful gray stone mixed-use 3 unit building along hot Logan Sq./ Avondale Milwaukee Ave corridor (hipster highway). All building systems completely updated, room for sidewalk cafe. Perfect for restaurant, coffee shop, yoga studio, gallery, gym and more

Located in Chicago's Pilsen neighborhood, just east of the Damen on Cermak Road. The lighted intersection of Cermak Road & Damen Avenue and is just a block to the CTA Pink Line Station at Damen Avenue. Cermak is a major retail corridor and the subject property is adjacent to Walgreens. Other are co-tenants include, Aldi, Cermak Produce, Pete's Fresh Market, Walmart, and Planet Fitness. Pilsen was recently named one of the 2 coolest neighborhoods in North America and one of the 12 coolest in the World!! 3-unit mixed-use property featuring a brick retail/office building on Cermak Road and a frame Coach House with 2 units in the rear. The Coach House has a newer roof (2 years) and gutters and the roof of the front building has 2 layers and was done within the past 5 years. The front building is currently vacant and is ready for occupancy and features a full basement. The rear building has MTM tenants and can be vacated with a 30-day notice if needed for renovation. Perfect for an owner-user looking for retail/office while the rear tenants pay the mortgage!

West Wicker Park ATTENTION INVESTORS / OWNER OCCUPIERS! LOCATED IN HOT WEST WICKER PARK. LEGAL 5-UNITS WITHIN TWO SOLID BRICK BUILDINGS - 3 UNITS IN FRONT (TWO 2BD/1BTH + ONE 1BD/1BTH), AND 2 UNITS IN REAR COACH HOUSE (3BD/1BTH + 1BD/1BTH). FULL BASEMENT IN FRONT WITH POTENTIAL TO DUPLEX DOWN GROUND LEVEL UNIT. VALUE ADD POTENTIAL IN ALL 5 UNITS, BUT ZERO VACANCIES IN 10+ YEARS AS-IS. ALL UNITS CURRENTLY MONTH-TO-MONTH TERMS, BUT TENANTS WILLING TO SIGN 1+ YEAR LEASES IF DESIRED. IDEAL FOR OWNER OCCUPIER SEEKING RENTAL INCOME TO COVER MORTGAGE/EXPENSES. **3-D VIRTUAL TOUR + ADDITIONAL PHOTOS AVAILABLE UPON REQUEST**

All three locations (Gibson City, Paxton, Hoopston) on Route 9, within 30 minutes of each other.

North on Prospect, right at Leaves N Beans, one block off Prospect Brand new condo development in Peoria Heights! Within walking distance of amazing restaurants, parks, Grand View Drive, the Rock Island Trail, Country Club of Peoria , great shopping and the library. Private laundry in each unit as well as a walk in closet and a private out door space with each unit! Do not miss out on this chance to live in the Peoria Heights!

Wheeler Rd. Facility across street from Pembroke School All under one roof, these 40 units are full and there is a waiting list of for residents. Listed at an 8 CAP equal to $33,750/unit. Currently owned with an assumable Rural Development Loan. 70% of rent collect with Gov. rental assistance. To maintain occupancy and rental assistance, certain guidelines apply for purchase structure. Property in "Good" condition. Management in place could possibly stay on after sale.

Incredible investment opportunity for this B class Mixed Used 25 unit! The owner has updated the roof, windows, mechanicals, and modernized apartments. The property consists of 21 residential units, 19 two bedroom units, 2 three bedroom units, and 4 office or store front units. Developer renovated, professionally managed, great condition, stable financials with upside potential. Only serious and qualified purchasers will be considered and financed offers must be accompanied by a minimum of 25% proof of funds.

Wonderful 6-Flat with many of the larger items updated.

Sale

Close to Metra, I-94, Shopping. This income Generating Property Features 100% Occupancy, Long Term Tenants, Newer Roof, Windows, and Water Heater. Property is a cash cow! GRM = 3.9! CAP = 17.7%

Very Desirable Location Makes this 6 Unit a Solid Property for any Investor! Only 2 Blocks to Metra and Minutes to I-294 and I-57!Property is Fully Leased!

Newer Rehabbed 3 Unit in South Shore! Units Features 3 Bedrooms, 2 Baths, and Stainless Steel Appliances. Perfect for Owner Occupant or Rent All 3!

Great opportunity to own a solid 11 unit apartment complex. The 11 units are one bedroom; 4 total rooms in each unit. $550 mo rent. Great location, one block off of Prospect.Roof is approx. 5 years old. All units come with a lockable storage unit. All units have newer carpet, hallways are freshly painted with newer carpet & new light fixtures.All units have parking spots available. All units are currently rented. Owner advises as soon as he advertises vacancy, he fills them. Extra income from Washer and Dryer approx $300 a month. All appliance are 3 years old or less.

South Suburban's Best Brick Flexicore 12 Unit Building! All Units have 2 Bedrooms 1 Bath! The Property is 100% Leased and Extremely Well Maintained!

Located walking distance to Lake Zurich. Fully leased with potential storage garage in back for added income. Located in central business district and DownTown TIF District.

Jackson Boulevard between St. Louis Avenue and Central Park Avenue, one block from Garfield Park

Located in Chicago's Little Village/Lawndale neighborhoods, approximately 4.5 miles west and southwest of Chicago's Business District. All buildings in the portfolio are walking distance (approximately 1 mile or less) to CTA Blue or Pink Line stations for easy access to the Business District. Rarely available renovated multi-family portfolio consisting of 9 building and 24 units. The portfolio is 100% occupied with approximately 65%-75% affordable housing units, providing a safe pandemic resistant investment with excellent cash flow. The units feature favorable floor plans featuring 2 and 3 bedroom units, hardwood flooring, and updated kitchens and baths. All of the buildings in the portfolio are brick and have been renovated/updated in the past 8 - 10 years. Great Replacement Property for a 1031 Exchange.

Located in Chicago's Heart of Italy neighborhood (West Pilsen), located approximately 3 miles southwest of Chicago's Business District, just south of the busy signalized intersection of Damen Avenue & Cermak Road. 23,100 vehicles per day pass in front of the site and 37,900 VPD at the intersection. The site benefits from its location which is just one block to the Damen Avenue CTA station and has easy access to I-55, I-290, and I-90/94. Two (2) Brick buildings on a 6,232 square foot lot with a garage and parking. The main building is a beautiful 3-unit building and features a full basement with 7' +/- ceilings and a gravel floor to potentially duplex down. The apartments feature a large staircase entrance, favorable layouts with vintage wood accents, and a large balcony for entertaining. The ground floor is currently being used as an artist live/work space and can be used for a variety of uses such as convenience store, coffee, artist space, etc. The adjacent building features a 825+/- square foot retail space that would be perfect for a cafe, coffee, brewery, community kitchen (commissary) daycare, or live work space. The rear garage is a large 1,000+ square foot brick structure that is in need of a new roof but could easily be leased out to a mechanic or as car storage or combined to make a large 1,800+/- SF retail/office space. There is approximately parking for 6-8 cars. Favorable C1-2 Zoning allows for a 2.2 FAR to redevelop entire site or tear down the small retail/garage and redevelop a portion of the site. Extremely easy apartments to rent due to its proximity to the CTA Pink Line, Cinespace, UIC, and the Illinois Medical District. Neither brokers or sellers can confirm the legality of the unit count.

The property is located in the affluent North Shore Chicago suburb of Northfield, one of Chicago's most sought-after communities with a median HH income over $200,000 and an avg home value over $760,000. It's situated on Willow Rd. a major east-west thoroughfare, near the intersection with Happ Rd. featuring national credit tenants (Mariano's, Walgreen's, Starbucks, Subway) and offers a daily vehicle count over 35,000. Located only 2 blocks from the on-ramp to I-94 at Willow Rd., providing access to all points North and South.

Incredible opportunity to own a turn-key legal three-unit condo quality investment property in the heart of Bucktown. Incredibly well maintained all brick two-flat + garden was recently converted from a 3-unit condo building into a single owner. Garden 1bd/1ba fully gut rehabbed in 2016 to the studs/foundation. Unit includes modern & sleek wide-open concept, custom sliding glass bedroom doors, radiant heat polished concrete floors, in-unit W/D, high efficiency tankless water heater and SS appliances. Unit 1 1 bd/1 ba + den features HW floors, gas FP, high ceilings, granite counters/floors, original pocket shutters, built in's in office/dining, private deck, new W/D in 2016. Unit 2 1bd/1ba + den features bamboo floors, wainscoting throughout, high ceilings, built in's in office/living room/mudroom. Never an issue to find tenants on this quiet tree-lined street located steps to boutique stores, award winning restaurants and public transportation including L and Metra.