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7227 S Michigan Avenue, Chicago
$400,000
6 Beds ⋅ 2 Baths ⋅ 12597509 MLS ⋅ ACTIVE Status
Turnkey Investment Opportunity - Fully Updated 2-Unit Building in Chatham/Park Manor Welcome to 7227 Michigan Ave-an exceptional opportunity to own a newly updated, income-producing building in the sought-after Chatham/Park Manor neighborhood. This well-maintained property features three spacious 3-bedroom, 1-bathroom apartments, making it ideal for investors seeking strong rental income or owner-occupants looking to live in one unit while generating revenue from the others. Each unit has been recently renovated with modern finishes, including beautiful hardwood floors throughout and updated kitchens with sleek granite countertops. The thoughtful upgrades and solid layout appeal to today's renters, helping ensure consistent occupancy and long-term value. The property also offers on-site laundry facilities (pay laundry), providing an additional income stream and added convenience for tenants. Investment Highlights: 3-unit residential building Each unit: 3 bedrooms, 1 bathroom Recently renovated interiors Hardwood flooring throughout all units Updated kitchens with granite countertops Strong rental demand in established neighborhood On-site coin/pay laundry for additional income Location Advantages: Ideally situated near Deneen Elementary School, Aldi, and L&P Foods, the property is perfectly positioned for tenant convenience. Excellent access to public transportation-including the Red Line and #3 bus route-as well as nearby expressways, makes commuting throughout the city simple and efficient. Additional Notes: Strong rental area with consistent demand Ideal for both seasoned investors and first-time buyers Whether you're expanding your portfolio or entering the investment market, 7227 Michigan Ave offers a compelling combination of location, updates, and income potential. Don't miss this opportunity to acquire a stabilized, income-generating asset in a growing neighborhood-schedule your showing today!

7227 S Michigan Avenue, Chicago

225 N Columbus Drive Unit #6807, Chicago
$499,500
1 Beds ⋅ 1 Baths ⋅ 12594654 MLS ⋅ ACTIVE Status
Experience breathtaking living from this rarely available 68th-floor residence in the iconic AQUA Tower, designed by world-renowned architect Jeanne Gang and winner of the Emporis Skyscraper Award. This sun-filled 1-bedroom, 1-bath home offers sweeping 180-degree panoramic views of Lake Michigan, Millennium Park, Navy Pier, and the Chicago skyline through floor-to-ceiling windows and a private balcony. The thoughtfully designed interior features high-end finishes throughout, including Snaidero cabinetry with stainless trim, quartz countertops, marble mosaic backsplash, premium stainless steel appliances, and upgraded Calacatta marble surfaces. Additional enhancements include Hansgrohe fixtures, upgraded porcelain tile, solid core doors, generous closet space, and in-unit washer and dryer-blending luxury with everyday functionality. Located in the heart of the highly desirable Lakeshore East neighborhood, everything is just steps away-Mariano's, Millennium Park, the lakefront, the Theatre District, fine dining, shopping, and more. The building also offers direct access to the Chicago Pedway system, providing year-round convenience. AQUA delivers resort-style living with over two full floors of amenities, including indoor and outdoor pools, sundeck with cabanas and hot tubs, state-of-the-art fitness center, Pilates studio, running track, basketball court, steam room, sauna, private theater, business center, demonstration kitchen, and entertainment lounges. A rare opportunity to own a truly exceptional home in one of Chicago's most celebrated architectural landmarks.

225 N Columbus Drive Unit #6807, Chicago

860 N Lake Shore Drive Unit #5M, Chicago
$499,000
3 Beds ⋅ 2 Baths ⋅ 12590987 MLS ⋅ ACTIVE Status
Breathtaking views of Lake Michigan! Enjoy spectacular sunrises on the lake in this landmark Mies Van Der Rohe building on Lake Shore Drive. This bright and spacious 3 bedroom 2 bath open concept unit features custom kitchen cabinets with black granite breakfast bar, stainless steel appliances, and wine rack. Also has crown molding and marble floors throughout. The floor to ceiling windows showcase the Navy Pier fireworks and the Air Show. The recessed lighting, curio shelf and modern chandelier are special touches. Central air and all window treatments included. The primary bedroom suite includes private bath with steam shower, display shelving, walk in closet, French doors and adjoining sitting room. Jacuzzi bathtub in second bath. Plenty of closets. Two closets in 3rd bedroom. Enjoy dining with unobstructed views of the lake. Full amenity building with 24hr door staff, on-site management office, 24 hour engineering and maintenance staff, 2 exercise rooms, hospitality and meeting room, generous storage locker, bicycle storage rooms, beautiful plaza. Wonderful lifestyle near world class restaurants, designer shopping, Northernwestern University medical campus, Museum of Contemporary Art, and beaches. Designated Managing Broker owned. Everything included in monthly assessment total $3250.63. The breakdown is: General assessment-$1669.72, Utility-$518.92 includes heat, central air conditioning, electric, water, cable ,and internet, Mortgage loan assmt-$313.79, Property tax assmt-$748.20. Don't miss this great opportunity!

860 N Lake Shore Drive Unit #5M, Chicago

159 W Burton Place Unit #G, Chicago
$450,000
1 Beds ⋅ 1 Baths ⋅ 12534623 MLS ⋅ ACTIVE Status
**Inquire for great seller financing option.** Beautifully renovated 1 bed + office condo on Burton Place in historic Old Town. Nestled amongst mature trees, this home enjoys excellent natural light throughout thanks to the oversized lot and generous neighboring setbacks. Architect-led, the renovation thoughtfully maximizes style, comfort, and functionality in an efficient layout. Starting with a direct entrance into the unit and a large foyer before entering the living room where custom bookcases adorn the walls and the gas fireplace anchors the room. Adjacent to the living room is a private office with a south-east facing window welcoming sunlight and the gentle sound of the neighbor's koi pond. The kitchen is outfitted with new Bertazzoni appliances, marble countertops, a ceramic tile backsplash, and brand-new cabinetry - including a pantry. From the dining room you enter the primary suite, with a bath smartly tucked into the hallway and a large walk-in closet provides ample storage. The bedroom dimensions are generous and the room is full of natural light. In-unit laundry and furnace are brand new. For those who appreciate clean lines, symmetry, and high-quality materials, this home is a must see. Burton Place is a quiet cul-de-sac known for its diverse and architecturally significant buildings. Easy access to downtown, the lakefront, and Wells Street with endless dining and entertainment options. A wonderful condo in a prime location, seller to include 1 year free parking nearby.

159 W Burton Place Unit #G, Chicago

2948 N Narragansett Avenue, Chicago
$500,000
4 Beds ⋅ 3 Baths ⋅ 12527189 MLS ⋅ ACTIVE Status
**Listing reactivated due to buyer failure to perform. A prior inspection was completed successfully, with no significant issues reported.** Exceptional owner-occupant or investment opportunity in Chicago's Montclare neighborhood. Originally constructed in 1920 and comprehensively updated in 2021, this well-maintained two-unit property offers 4 bedrooms, 3 full bathrooms and approximately 2,837 square feet of total building area. The spacious upper duplex provides approximately 1,788 square feet across the second and dormered third floors, with 3 bedrooms, 2 full bathrooms, separate living and dining rooms, and a generously appointed kitchen. Features include rich wood cabinetry, distinctive granite countertops, a center island, stainless-steel appliances, separate cooktop and oven, warming drawer, dishwasher and garbage compactor. Hardwood, marble and tile flooring, recessed lighting, decorative trim and heated bathroom floors enhance the interior. The uppermost level offers an oversized bedroom or primary-suite-style retreat with vaulted and sloped ceilings, abundant open space and its own full bathroom. The separate above-grade ground-level apartment offers approximately 1,049 square feet with 1 bedroom, a den or flex room, full kitchen, living area and renovated bathroom. Multiple windows provide natural sunlight, distinguishing the unit from a traditional below-grade garden apartment. Additional finishes include marble countertops, extensive marble bathroom surfaces, heated flooring, an overhead heat lamp and a multi-spray shower system. This flexible configuration is well suited for rental income, extended living, guests or work-from-home needs. The property features updated kitchens, bathrooms, flooring, paint and fixtures, along with hot-water baseboard heat, a boiler and tankless water heater. Exterior amenities include a front porch, fenced backyard and expansive rear deck with pergola. The detached two-car garage contains approximately 575 square feet, offers alley access and is entirely vacant for the purchaser's immediate use or potential supplemental rental income. Conveniently located near shopping, parks, public and private schools, library services, medical offices, religious institutions, CTA bus routes and Metra transportation. This is a strong option for an owner-occupant seeking additional income, a multigenerational household or an investor looking for two updated units with room to improve the rent roll. The adjacent commercial property may also be available separately, creating a potential assemblage opportunity with approximately 15,025 square feet of combined land area and approximately 120 feet of street frontage.

2948 N Narragansett Avenue, Chicago

4659 W Washington Boulevard, Chicago
$500,000
12491158 MLS ⋅ ACTIVE Status
Investment / Industrial-Buyer Remarks - 4659 W Washington Blvd Opportunity knocks: 4659 W Washington is a corner lot (~ 10,000 sf) with ~ 4,943 sf of improvements, currently generating income via T & K Grill in the northwest portion of the lot and serving Chicago street food (burgers, cheesesteaks, rib tips, tacos, Italian ice) . The balance of the building is ready for build-out (auto / hand car wash, detailing, service) and includes a flexible meeting / office / support space. Zoned M1-2, this property is already positioned for light industrial, warehouse, distribution, business services, or hybrid uses. The zoning supports warehouse / distribution, business services, light manufacturing, equipment repair/parts, contractor shops, supply / parts operations, and other low-impact industrial uses (permitted under M1-2) rather than typical retail. 9,650 vehicles per day of pass-by traffic, the site offers excellent visibility and logistics access. For an investor or industrial operator, the strongest use cases are last-mile distribution / fulfillment / bulk storage, or retaining the restaurant arm while converting part or all of the facility into a small warehouse / distribution node. Keep the cash flow from the food operation while you phase in higher-margin industrial tenants. Key value drivers: Corner exposure + daily traffic = signage / branding advantage Built infrastructure and partial income reduce investment risk Zoning supports multiple industrial / business uses. Flex space allows back-office, design, management, or tenant support functions. If your buyer is thinking: "I want an industrial asset in Chicago, close to demand, with upside from conversion or dual use"-this property fits.

4659 W Washington Boulevard, Chicago

5101 W Division Street, Chicago
$499,000
12483642 MLS ⋅ ACTIVE Status
PRICE REDUCED! OWNERS MAY OFFER ADDITIONAL REDUCED PRICING FOR A QUALIFIED 501(C)(3). Bring your ideas to this blank canvas. This open space could be used as retail, office, shared work, etc. Located on the SW corner of Division and Leclaire Ave, with approximately 11,700 VPD passing by on Division St. (IDOT). Division St. is one of the main East-West surface streets on the north side of Chicago. 3 blocks east of the busy North-South commercial artery of Cicero Ave (26,800 VPD, and 2 blocks east of N-S Laramie Ave (16,400 VPD). also 2 blocks south of beautiful LaFollette Park in the center of the bustling North Austin neighborhood. This former dollar store has approximately 9,000 s.f. of mostly open span space. The front (north) section of this former store has approximately 3,000 s.f. of open space with very large front facing windows on Division St. This area has a drop-panel ceiling with just under 9' of ceiling height and a flat roof on top of that. The larger rear (south) section of the store has 4,430 s.f. of open space with the same panel-drop ceiling, but also has a bow truss roof hidden above the panels. This area has just over 9' of ceiling height, but this space could be opened up to dramatic effect by exposing the bow truss roof. These 2 areas are separated only by 4 support posts spaced approximately 13 - 15 ft apart from each other. There is a 3rd area in the far south area of the building separated from the other 2 areas by access doors. This area is approximately 1,100 s.f., measuring roughly 12' x 90', and houses the breaker boxes, 2 bathrooms, and storage area, with a delivery door facing N. Leclaire Ave. The owners have made over $144k of Capital Improvements in the past few years, including roof and masonry repairs.

5101 W Division Street, Chicago

1949 W 48Th Street, Chicago
$425,000
12481371 MLS ⋅ ACTIVE Status
An historic parcel of the Back of the Yards built in the early 1940's. Once used as St. Michael's Convent, more recently operated as a friary for an order of brothers. The first floor consists of nine rooms, three small offices, 3 large meeting/gatherings spaces, 2 separate but adjacent kitchens, one storage room one shared bath with three private stalls, and one other private bath and separate half-bath. The building's second floor has a total of nine rooms - six bedrooms or private sleeping areas, one large office/meeting area, a large living room/gathering space, a former designated chapel two private shared bathrooms, one with two tubs, and the other with a shower and five stalls. The third floor of this commodity property has sixteen individual sleeping rooms - all dormitory style. There are two separate bathrooms consisting of two bathtubs, two showers, and four individual stalls. The full walk-up attic is floored and unfinished - possibly available for future improvement. The full basement is unfinished and houses the mechanicals, storage, and a laundry area. The exterior of the building is truly impressive - constructed largely of face and common brick, and grey limestone. There are a number of arched doors and windows with some leaded-glass windows. The west side of the building, facing Damen Avenue has an expansive and open two-story porch/patio area for outdoor entertainment. The building is set on a corner lot measuring approximately 118'x124', or 14,632 square feet - about a third of an acre. A survey from August, 2023 shows the actual building set across the rear of five city lots - nos. 46, 47, 48, 49, and 50. There is a gravel parking area to the south of the building which is accessed through the alley. The entire parcel is fenced. The building itself has about 8,805 sq ft of usable and potential space. The building calls for development, creativity, repurposing, and deserves to be once again, an integral part of this vibrant community.

1949 W 48Th Street, Chicago

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