View All East Garfield Park Chicago IL Mixed Use Homes Listings

Located just 1.4 miles from the transformative 1901 Development, this property presents outstanding potential for mixed-use investment. Zoned C1-2.

2943 W Madison Street, Chicago

$999,900

12702005 MLS ⋅ ACTIVE Status

Phenomenal opportunity to acquire 3012 W. Warren Blvd, a professionally managed 7-unit brick multifamily property in Chicago's East Garfield Park neighborhood with ideal RT-4 zoning. The building features a unit mix of (1) studio, (4) one-bedroom units, and (2) two-bedroom units, along with on-site laundry. The property provides immediate rental income with additional upside through rent growth, strategic improvements, and the potential conversion of existing one-bedroom unit into a two-bedroom layout. An attractive combination of affordability, tenant demand, and long-term income stability. Located just west of the United Center and the planned 1901 Project, the property is positioned near a major mixed-use redevelopment expected to bring new residential, retail, entertainment, hospitality, and public-space investment to the surrounding area. Perfect opportunity for investors seeking scale, value-add potential, and appreciation on Chicago's West Side.

3012 W Warren Boulevard, Chicago

$400,000

12468795 MLS ⋅ CLOSED Status

Prime Retail Corner with High Exposure! This 10,000 SF retail space, zoned for neighborhood business, offers incredible adaptability for a variety of uses. Located in a densely populated area with high daytime foot traffic, the property is surrounded by prominent establishments such as Foot Locker, Popeyes, Dunkin' Donuts, Aldi, Chase, and more. An excellent opportunity for redevelopment, this location is ideal for concepts like childcare centers, banks, fast-food outlets, medical offices, mixed-use retail with apartments, condominiums, or any creative vision you have in mind. Don't miss out on this high-visibility location with endless potential!

3235 W Chicago Avenue, Chicago

$100,000

12380680 MLS ⋅ CLOSED Status

Incredible value-add opportunity in East Garfield Park! This mixed-use building offers two spacious storefronts on the ground level-previously operated as a grocery store and convenience store-plus two residential apartments above. The property is in need of rehab, making it ideal for investors or owner-occupants looking to customize and build equity. Great visibility on Hamlin Ave and minutes from major thoroughfares and public transit. Sold as-is.

557 N Hamlin Avenue, Chicago

$172,500

12325709 MLS ⋅ CLOSED Status

This property offers a unique mixed-use opportunity with both commercial and residential components. The apartment features approximately 1,000+ square feet of living space, with 3 bedrooms and 1 bathroom. The commercial portion of the property comprises approximately 1,400+ square feet and is currently being utilized as a saloon, with customer seating space and private vendor suites, as well as a manager's office. The commercial tenants are month-to-month and in good standing. The residential section of the property is occupied by a long-term tenant, also on a month-to-month basis and in good standing. Recent updates to the property include updated kitchen floor and cabinets, newer boilers, a new hot water tank for the residential tenant, and a new air conditioning system for the commercial tenant. This unique mixed-use setting offers a significant opportunity for the owner to generate income from both the commercial and residential components. The property's location on Madison Avenue provides excellent foot traffic and shopping opportunities, as well as proximity to the nearby park, which hosts a variety of community activities throughout the year. The security shutters installed on the property provide an added layer of protection and peace of mind for both tenants and the owner. The open concept saloon layout allows for versatility and potential customization to suit the needs of future commercial tenants.

3822 W Madison Street, Chicago

$215,000

12310197 MLS ⋅ CLOSED Status

Prime Corner Mixed-Use Investment Opportunity in Humboldt Park! Take advantage of this incredible value-add opportunity with this historic two-story brick building located on the high-traffic corner of Chicago Avenue and Hamlin. Built in 1881 and offering 3,200 sq. ft., this B3-2 zoned property is ideal for investors or owner-operators looking for a strategic location with ample street parking and strong visibility, estimated 19,000 VPD. The first floor is currently leased to "Chicago Best Burrito," a well-established and successful restaurant paying 1,350/month, with a lease in place until April 1, 2026, plus a two-year renewal option-providing immediate cash flow. The second floor features an expansive 4-bedroom, multi-bathroom apartment in need of rehab. With updates, this unit could generate an estimated rental income of 2,600/month, significantly increasing the property's overall revenue potential. At the rear of the property, you'll find a sturdy wooden porch, as well as green space enclosed by a well-maintained black iron fence, offering added security and privacy. While the building does require some repairs, including tuckpointing and a potential roof replacement, the long-term potential is enormous. With its high-visibility corner lot, strong rental upside, and a mix of residential and commercial space, this property presents an exceptional investment opportunity in a growing neighborhood. Schedule your showing today and explore the possibilities!

3801 W Chicago Avenue, Chicago

$305,000

12297728 MLS ⋅ CLOSED Status

Welcome to this versatile mixed-use space located in a growing area, ideal for investment or redevelopment. Currently used as a church, it offers a spacious, well-lit interior and a dedicated parking lot for convenience. An attached salon with reliable tenants provides immediate rental income and steady cash flow. With its prime location and strong growth potential, this property presents a valuable opportunity for investors looking to capitalize on an adaptable space with existing tenants. The sale includes 3819, 3821 and 3823 W Chicago Ave.

3819 W Chicago Avenue, Chicago

$370,000

12163594 MLS ⋅ CLOSED Status

Amazing Humboldt Park mixed use development/investment opportunity on 49 * 120 lot with C1-1 zoning in a prime location at the corner of two main streets (Chicago Ave. & Homan Ave.) 10-unit building consisting of two storefronts, one 3 bedroom/1 bath apartment, one 1 bedroom/1 bath apartment and six studios. In addition, there is also a 750-sf brick garage. All units are currently vacant. Income numbers are based on the most recent rents from when it was last fully occupied. The two storefronts were the home of a liquor store and a restaurant @$2,000/month each, the garage was occupied by an auto body shop @$1,000/month, 8 apartments (six studios @$750/month each, one 1 bed/1 bath @$750/month and one 3 bed/1 bath @$850/month.) All units have separate forced air heat and both storefronts also have central air conditioning. Electrical service to the building was upgraded in 2014. There are 11 separate electric meters and three gas meters servicing the storefronts and the three-bedroom apartment. Roof is 10 years old. Cash buyers only. Building needs work and is sold "As is".

3357 W Chicago Avenue, Chicago

$370,000

12163585 MLS ⋅ CLOSED Status

3357 W Chicago Avenue, Chicago

$210,000

3 Beds ⋅ 2 Baths ⋅ 12016744 MLS ⋅ CLOSED Status

Exclusive Investor Opportunity: 4 Unit Mixed-Use Building - (Cash Only, As-Is). Seize the chance to own a prominent corner mixed-use building, this as-is property stands as a canvas for transformation, combining commercial potential with residential appeal. Features four units: (2) Commercial spaces & (2) apartments 2bdrm & 1bdrm. The property also has gated parking in the rear that can hold 4+cars. You don't want to miss this opportunity.

3041 W 5Th Avenue, Chicago

$180,000

8 Beds ⋅ 4 Baths ⋅ 12012554 MLS ⋅ CLOSED Status

*** Multiple Offers received Highest & Best due by 9am on 4/3/2024*** Exclusive Investor Opportunity: 3-Flat Mixed-Use Building - (Cash Only, As-Is). Seize the chance to own a prominent corner mixed-use building, this as-is property stands as a canvas for transformation, combining commercial potential with residential appeal. Residential Income Potential: Features four units with a total of 8 bedrooms and 4 bathrooms and a commercial storefront with basement.

3033 W 5Th Avenue, Chicago

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