Commercial

MLS Number 11677156

• CommercialSale Commercial Sale
• Year Built 1955

Absolutely magnificent opportunity to own a 51 unit apartment building/hotel in the heart of the West Loop Gate. This was an office suites building that has been completely taken down to the brick, Timber Loft Building. Special attention has been accounted for, a completely furnished with warm modern feel as a class A Building. The building will be completely occupied by Sonder Hospitality mid to late February, 2023. The lease runs for 10 years with 2, 5-year options. 3% increases in rent year to year, compounding and perpetual. Unbelievable piece of property and exceptional lease with thriving multi national Hospitality Company, Sonder.

Listed by Michael Wencel of One Chicago Realty,LLC

MLS Number 11743895

• CommercialSale Commercial Sale
• Area Lincoln Square
• Year Built 2022

Presenting the CW - Lincoln Square newest condo-quality rental property at 2402 W Carmen Avenue. This brand new construction building (2022) is comprised of 24 units, and a 2,500 square foot ground floor retail space on the corner of Western and Carmen Ave. The unit mix consists of (6) 1 bed/1 bath, (6) 2 bed / 2 bath, and (12) 2 bed/2 bath + balcony units plus 24 heated garage spaces. The units range in size from 750-1,150 square feet, have condo-quality finishes and layouts including Samsung appliances. Each residential tenant also has access to a sprawling common area roof deck. The abundance of windows allows for tons of natural light in each unit. The building is currently 60% stabilized with leases. Great appreciating area near all Lincoln Square has to offer including Gather, The Davis Theater, Artango, Gene's, Winnemac Park, and more!

Listed by Danielle Dowell and Jeffrey Shandling of Berkshire Hathaway HomeServices Chicago

MLS Number 11713391

• CommercialSale Commercial Sale
• Area Logan Square
• Year Built 1948
• Acreage 1.1
• Zoning INDUS

3850 West Cortland Street located in Chicago's Logan Square neighborhood. This unique value-add/redevelopment investment opportunity consists of an 147,000 SF multi-tenant industrial/flex building that sits on an 48,000 SF land site. Home to many different types of small to mid-size businesses, the property boasts a substantial in-place net operating income while the existing vacancy provides for tremendous upside for a new owner. All leases can be canceled by the Owner upon sale of the property, which provides incredible flexibility to future ownership for re-tenanting or re-positioning the asset. Some additional building features include a four interior dock loading area with two levelers, six drive-in doors - most of which open into tenant spaces, a 10,000 lbs capacity freight elevator, recently updated utilities, 488' of frontage on Springfield Ave, and high ceilings on all 3 floors - 17' high on the first floor, 14' high on the 2nd floor and 10' high on the useable lower level. The building is well located bordering Chicago's Logan Square, Humboldt Park and Hermosa neighborhoods, is convenient to CTA and Metra mass transit as well as all truck routes and highways. The property is also potentially eligible for TIF, Enterprise Zone, Underserved Area (EDGE) and HUBZone incentives. The property's prime Logan Square location is steps from the 606 Trail, Marine Leadership Academy, and Sharon Christa McAuliffe Elementary School. The nearest transit includes the Metra's Milwaukee District's North Line (Healy Station) and Armitage Avenue Bus Route (Bus Route 73). This opportunity is being offered at $7,500,000, which is a 7.8% CAP rate based on the 2023 in-place scheduled net operating income of $585,163.

Listed by Wayne Caplan of Sperry Van Ness

MLS Number 11701816

• CommercialSale Commercial Sale
• Area Near West Side
• Year Built 1917

Five-story (solid brick and concrete) creative loft building available in desirable Fulton Market West, just 5 minutes from Chicago's downtown! Approx. 55,000 sf (above-grade) building on 16,619 sf land with 22 off-street parking spaces. Great investor/corporate headquarters opportunity. Recently rehabbed and converted to a fully operational studio and rehearsal facility with 123 soundproof rooms and a fully built-out basement. Includes 2 truck-level docks and 2 NEW passenger elevators. Also, fully air-conditioned with NEW 25-ton HVAC (July 2021). Ceiling Height 10' Clear. 2000+ Amps 3- Phase power. Excellent location at the edge of Fulton Market with convenient access to I-90/94 & I-290 Expressways, the CTA Ashland Green Line Station, & proposed Ashland-Ogden Metra Station. Located in a TIF & Enterprise Zone. Countless top-rated restaurants and entertainment options are nearby in Fulton Market and Randolph Street's Restaurant Row. Completely rebuilt approx. 13 years ago with all new Mechanicals, HVAC, Electric, Plumbing & Roof. Opportunity to convert the building and make your own!

Listed by Adam Schneiderman of Strauss Realty Ltd

MLS Number 11716812

• CommercialSale Commercial Sale
• Area Lincoln Square
• Year Built 1910
• Zoning COMMR

The subject property is located at 4810-4820 North Western Ave., Chicago, IL 60625 (the "Property"). The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this investment and potential future development/re-development opportunity. This is an urban office/retail building located in Chicago's dense and affluent Lincoln Square neighborhood. The subject property is zoned B3-2 and situated in a mixed commercial and residential city setting. Featuring a vacant two-story building, 18,000 SF GLA, and 8,276 SF lot. Elevator building with tons of exposure, great signage, lots of natural light, and high ceilings. The latest neighborhood investments: such as new construction, condos, rentals, restaurants, nightlife, and supermarkets have steadily brought in new homeowners and tenants to this thrilling neighborhood of Chicago. The subject property presents the unique opportunity to acquire a stand-alone building in the Lincon Square district.

Listed by Wesley Jonberg of Baird & Warner

MLS Number 11720959

• CommercialSale Commercial Sale
• Area Lake View
• Year Built 1916

This is an amazing chance to own the impressive 928-930 W. Belmont, which is located in the heart of Lakeview. It's the first time it's been available for sale and it's located in a prime spot in the Lakeview neighborhood of Chicago. This is a rare opportunity to acquire a stunning 3-story mixed-use building that features 2 commercial spaces and 13 apartments. The roof is only 4 years old, the plumbing has been recently updated, and a new boiler and porch have been installed. The location is incredibly convenient, just steps from the Red, Brown, and Purple lines, and only 5 blocks away from the iconic Wrigley Field, home of the Chicago Cubs. The property is also situated near shopping, transportation, restaurants, and other popular amenities.

Listed by David Piotrowski of Keller Williams Realty Ptnr,LL

MLS Number 11714016

• CommercialSale Commercial Sale
• Area Loop
• Year Built 1872
• Zoning COMMR

18,000 SQ ft 5-story mixed-use live-work building. Heavy timber loft, 12 to 15 ft ceilings New Elevator, Stairs, Electricity, Sprinklers, HVAC, separate washrooms per floor HWF, windows & tuckpointing. Each floor w/a conference room, semi-private & private offices, reception area, kitchenette Great income first floor vacant.

Listed by Maria Smith-Shack of Cross Realty Group LLC

MLS Number 11707669

• CommercialSale Commercial Sale
• Area North Center
• Year Built 2022
• Zoning MULTI

Terrific arm-chair investment: Three New Construction 2-flats, each with two 4-bedroom/2.5 bath duplexes with high-end finishes, garage. Sit back and collect the rent. Total annual gross income potential $351,000 - 4/6 currently rented. Top-of-the-line gorgeous finishes throughout include: white oak floors, Klearvue flat panel cabinets, beautiful stone and quartz details, Samsung kitchen appliances, Hansgrohe sink faucets and fillers, Duravit toilets, LG W/D, high efficiency HVAC systems...the list goes on and on. Fabulous floor plans feature all bedrooms on a single level, kitchen opening to great room, additional separate family room, private outdoor space (yard and roof-top deck), 2-car garage.

Listed by Brad Lippitz and Anne Killarney of Compass

MLS Number 11728029

• CommercialSale Commercial Sale
• Area West Ridge
• Year Built 1965
• Zoning MULTI

36 large units in the West Ridge Area! 15-2 bedrooms and 21-1 bedrooms All have Living-Dining Room Combinations. Parking space for each unit. Close to transportation and Rogers Park & School. Property sold in as is condition.

Listed by Steven Tres of Long-Kogen Inc.

MLS Number 11709077

• CommercialSale Commercial Sale
• Area Loop
• Year Built 1929

Beautifully finished, turn-key office spaces available on multiple floors in this stunning, modern office building in The Loop. The prime location on Wacker Dr. and top-notch finishes are sure to make every workday more enjoyable. The units, split amongst four floors, are available together or separately. Offered for sale are: 1st floor (partial) 4,325sf of Office/Retail; 2nd floor (full floor) 8,337sf of Office; 6th floor (full floor) 8,857sf of Office; 18th floor (partial) 4,663sf of Office. Stunning views of the Merchandise Mart, Chicago River and River Walk. The units feature modern Italian kitchens with stainless steel appliances. Tech features include surround sound systems run by Alexa and Echo Mini, with access to Spotify. Each floor is fiber lit with new data closets with Cisco/Meraki gear. 24 hour access, doorman during business hours, and access to building bike room. Recent building renovations include a full modernization of the elevators (+$2MM) and a multi-year facade tuckpointing and cleaning project. Directly across Wacker Dr. from the Merchandise Mart and their amenities and CTA stops, Clark/Lake CTA stop is 2 blocks east, and multiple bus stops and I-90 in very close proximity. The subject property is surrounded by everything The Loop has to offer, including the River Walk, Gibson's Italia, Chicago Cut, Prime and Provisions, the Chicago Theatre, and many many more.

Listed by Brandon Bollig of @properties Commercial

MLS Number 11662010

• CommercialSale Commercial Sale
• Area Barrington Area
• Year Built 1975
• Acreage 4.26
• Zoning OFFIC

The Welsh Office Center is a well-established, multi-building office property. This two-building office portfolio consists of 92,573 SF and sits on 4.26 AC of land in a beautifully landscaped, parklike setting. Each building, 1250 and 1300 S. Grove Avenue, is multi-storied, with three and two stories, respectively. There is a mix of conventional office suites along with small executive office suites. * 71% occupancy on total building SF - 80% occupancy on total leaseable SF * NOI: $314,099 * Well established, value-add office building portfolio * Assumable, non-recourse loan - 3.25% * Strong tenant mix with many long-term, stable tenants * A mix of regular office tenants and executive office suite rentals * Located in a very affluent market, approximately 1 mile from Downtown Barrington and the Metra Train Station * Easy access just 4 miles to I-90, 20 miles to O'Hare International Airport, and 35 miles from Downtown Chicago * No deferred maintenance/professionally managed property

Listed by Olivia Czyzynski of Sperry Van Ness

MLS Number 11670629

• CommercialSale Commercial Sale
• Area Loop
• Year Built 2019

Residential masterpiece sits above bonus commercial/retail unit. Uniquely special in every way, this 5 bed/5 bath, 7,000 sq ft home with a private pool is a stunning example of world-class design. Perched above a gourmet market in Printers Row, a neighborhood with National Register of Historic Places status, the home was developed, designed and constructed by Filoramo Talsma Architecture to afford incredible exposure and sightlines to Dearborn Station. The exterior finds definition from masonry construction and a steel-and-terra cotta sunscreen by Fabrik that harnesses light and shadow. Inside, the first level features a sleek foyer, a stylish vestibule/mudroom with smart storage and bench seating, and attached access to the home's heated, oversized 2-car garage (can accommodate a lift for additional parking). The main floor is devoted to this home's spectacular living and entertaining spaces - a double-height living room, a modern kitchen, a dining room that can house an exceptionally long table, a family room, and 2,000 sq ft of private outdoor space. Accessed via a sliding glass wall system, the terrace features designated dining and lounge spaces, perennial landscaping, and a stainless steel swimming pool by Diamond Spas that can be heated to 900 for year-round use. The striking chef's kitchen features custom Italian cabinets and Carrara marble/stainless steel countertops by Arclinea, Wolf/Miele/Sub-Zero appliances, a back kitchen for added prep space, and a massive island with bar seating. Up a visually dramatic floating staircase, the third level is entirely devoted to the home's primary suite, and features a spacious bedroom, a dressing room, a sunny en-suite bath with a dual vanity, a soaking tub and a walk-in shower, and a handsomely appointed WFH office/owners den. The top floor presents four secondary, en-suite bedrooms for children or guests, plus a bonus recreation/media room. Standout finishes and design details include custom millwork throughout, oversized windows at every turn, radiant-heated concrete slab floors with a Sintered Stone finish, curtain wall glazing throughout, and decorative lighting by Flos and Alison Berger. Amenities include an all-floors Otis Gen2 elevator, upstairs laundry, surplus storage, a 16 kW PV solar power kit on the roof, zoned HVAC with three separate systems, dual tankless water heaters, and whole-home automation by Savant that controls shades, lighting, integrated AV and security. Luxe residential living just a few steps away from the full tilt of the city's core commerce and business district, 747 S. Dearborn St. is an elevated, urban dwelling for the homeowner who appreciates cutting-edge architecture and uncompromising comforts. (Note: The sale is for the entire building, which includes a bonus street-level, 2,000 sq ft commercial space.)

Listed by Timothy Salm and R. Matt Leutheuser of Jameson Sotheby's Intl Realty