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Commercial Properties For Sale

$800,000
12754162 MLS NEW Status
LAKE VIEWS from this 3,750 sq ft condo (commercial or residential) with private entrances - ONLY 213 PER SQ FT --Rare opportunity w lake views. New Eastside/ Lakeshore East MIXED USE OR 1 USE-"As-Is Ready" or develop the property-CITY ZONING LETTER AVAILABLE-Commercial / RESIDENTIAL / MIXED LIVE-WORK / SERVICES / OVERNIGHTS / *SEE ZONING LETTER - 3,750 sq ft divided into 8 areas. Can divide tax PINs and sell off or lease out - MANY possibilities, ready to be developed or used as-is. Rare opportunity to own your own commercial space within the PUD #70 (Planned Unit Development) The unit has three entrances/exits, a semi-private entry, a semi-private elevator, and private stairs. It also has wraparound windows with three exposures. 5 toilets, 7 sinks included in a currently small kitchen, maintenance closet and three bathrooms. Great spa - hair - nails- medical - imaging - office -Kitchen and bathroom capable - Currently commercial can be converted to full residential or split as mixed. We have an advisory letter from Chicago City Zoning of what is zoned capable. Owners have the right to use the building amenities. Building amenities include a 5-star "resort-like" health club and spa. Basketball, racquetball, ping-pong, free weights, machine weights, cardio, winter garden, child's playroom, famous geodesic year-round sunny pool, saunas, and steam rooms. A new multi-function room with an open kitchen and media space. Parking is 220/mo reserved. Discounted parking tickets are sold to owners to sell/give to clients and customers. 8 FOR 12-hour parking. Dog friendly. Visiting guests/clients may come through the main building lobby and check in with the front desk, OR enter a semi-private entrance for direct access. There are unlimited possibilities of use! HOA /mo 3,576 includes heat, a/c, gas, amenities, pool, health club, spa, lounge, conference room. Currently used as a day care, property may be converted to residential or get approval for an Airbnb-type set up. Zoned for almost all. See zoning letter. Showings only on weekends or after 6:00pm daily. There are two grocery shopping options, either Bockwinkel's Harbor Market (across the street) or a 2-story Mariano's grocery store with good prices and a plethora of item options for your daily shopping needs. Very friendly building with lots of social activities and events such as a book club, world affairs club, bingo, summer picnic, children's Halloween party, children's holiday party, and a resident holiday party, to name a few. Great Outer Drive East community in the New Eastside neighborhood. Nestled in the New Eastside neighborhood is Lakeshore East Park. This 6-acre oasis in the neighborhood's nucleus includes large grassy areas, a children's playlot, and a dog park. Maggie Daley Park is across Randolph Street and incorporates tennis courts, a children's activity area, park district facilities with programming, the famous ribbon ice skating rink, mini-golf, and professional outdoor climbing walls. Millennium Park is a block away from all the world-famous music venues, including the Grant Park Orchestra, Saturday morning exercise classes, and outdoor movies in the summer. Located in the New Eastside neighborhood, this prestigious condo is just moments away from fine dining, upscale shopping, the lake and harbor, and cultural landmarks. Experience the pinnacle of luxury living in a residence that offers both serenity and sophistication. 30-minute free parking for showings, guests, and deliveries.

400 E Randolph Street Unit #2NDFLOOR6B, Chicago

$1,324,000
12753906 MLS NEW Status
Rare opportunity to own a well-located, three-unit mixed-use building in the heart of Lake View, just steps from the CTA Belmont Red/Brown/Purple Line stop and a short walk to Wrigley Field. This property offers a unit mix of (1) ground-floor commercial storefront and (2) 3-bedroom/1-bath residential units, each approximately 1,200 SF. The property features central air, separate electric panels, common-area laundry, and two exterior parking spaces. The ground-floor commercial space is fully leased through 2030 to 404 Burgers | Barbecue, a fast-growing local operator offering durable, long-term income at the base of the investment. Current rent roll totals $9,000/month across all three units: the commercial unit at $3,200/month with 2% annual increases, and the two residential units at $2,900/month each (leases expiring 5/31/27 and 6/30/27), both currently renting below market with clear upside on renewal or turnover. Positioned directly on the bustling Belmont Avenue corridor, the property benefits from heavy year-round and game-day foot traffic tied to Wrigley Field and the surrounding Wrigleyville, Northalsted, and Lakeview East retail and nightlife districts, alongside easy access to the Lakefront Trail and Lincoln Park. With strong neighborhood demographics, this offering combines in-place income with meaningful upside for an investor looking to add a stabilized, transit-served asset to their portfolio.

1020 W Belmont Avenue, Chicago

$4,995,000
12746790 MLS ACTIVE Status
Rare redevelopment opportunity in the heart of Downtown Chicago. 314-316 S. Federal Street is a historic 1912 asset spanning 17,500 total square feet across seven 2,500-square-foot floors, plus a fully built-out, usable 2,500-square-foot lower level. Positioned steps from LaSalle Street in the Financial District and adjacent to Jackson and Dearborn CTA transit hubs (Blue, Brown, Orange, Pink, and Purple lines), this location offers unmatched regional connectivity with rapid access to I-290, I-90/94, and DuSable Lake Shore Drive. The property's versatile 2,500-square-foot floor plates present an exceptional baseline for a wide array of adaptive reuse concepts. Capitalizing on the historic character and proven success of boutique lodging in the Loop, the building is perfectly suited for transformation into an exclusive private members club, a boutique hotel, or a vibrant youth hostel. Creative enterprises can leverage the structured floor plans and subterranean space for high-end music recording studios or media production facilities. Alternatively, the building translates seamlessly into a modern corporate headquarters, creative office environment, or collaborative coworking space. A vertical mixed-use strategy offers endless possibilities for ultimate activation. The high-foot-traffic ground floor and lower level provide an ideal setting for a destination restaurant, flagship bar, or boutique retail storefront-building on the proven success of the long-running restaurant that previously occupied the space. Upper levels can be converted into high-end private residences or multi-family units, capped by exclusive top-floor owner's penthouse suites. Further enhancing its investment profile, the property carries DC-16 zoning, which allows for vertical expansion of up to nine additional stories. Convenience is maximized by direct adjacency to a large public parking garage along the building's south wall. Built in 1912, this historic asset is also a prime candidate for Chicago's Class L Property Tax Incentive, drastically reducing operating costs and maximizing long-term yields.

314 S Federal Street, Chicago

$1,249,999
12727602 MLS ACTIVE Status
Welcome to this revitalized mixed-use building located between Chicago's sought after Bucktown and Lincoln Park neighborhoods with easy access to 90/94. Situated on a 25' x 125' lot spanning lot-line to lot-line this adaptable property presents a rare combination of a fully built out office space, warehouse/garage, and income producing residential apartments, providing both operational flexibility and strong investment potential. The beautifully designed street level office is truly one of a kind. Featuring strong visibility in a high traffic area, the bespoke interior is anchored by an original exposed brick wall and custom cabinetry. Upon entering you're greeted by an open concept communal work space and waiting room. A glass enclosed conference room sits in the middle of the space and two private offices beyond. A dedicated coffee station with sink, beverage fridge and ice maker is tucked into the hallway with a technology/server room adjacent, two designer bathrooms and storage closet under the stairs. This space is completely turnkey - move your team in immediately with no additional work required. Directly behind the office is an attached heated garage with a 9ft door and 10ft ceilings, ideal for vehicle storage, workshop use, equipment, or materials - offering flexibility for a wide range of businesses, approx. 1100sqft. Below the office, you'll find a waterproofed basement with 7ft ceilings, a full bathroom and extensive shelving, providing valuable storage or operational space, approx. 1000sqft. The second floor includes two remodeled residential apartments, the front unit being a 2-bedroom/1-bathroom and the rear unit being a 1-bedroom/1-bathroom with balcony, both units have separate central HVAC systems, stainless steel appliances and in unit laundry. This is a rare opportunity to own a turnkey mixed-use office and investment property in a high traffic area - operate your business while building long-term equity with rental income already in place.

2370 N Elston Court, Chicago

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