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$2,399,000
12571884 MLS ACTIVE Status
Located in the Greater Grand Crossing community on Chicago's South Side, just south of Woodlawn and near the Cottage Grove commercial corridor, this 2-Star, 37-room motel exterior corridor was built in 1971 offering 12,000 building Sq. ft. with about 18,000 Sq. ft. of land. The 2-Story motel property offers standard amenities and convenient main-level parking. About 3-miles south of the Obama Presidential Library site near 63rd & Stony Island, the property benefits from ongoing South Side revitalization and corridor reinvestment. The surrounding area features active commercial redevelopment, strong traffic counts, walkable neighborhood retail and services. About 1-mile proximity to the Dan Ryan Expressway with Public transportation includes access to the Metra Electric Line,91st St. station and CTA bus routes providing connections to downtown Chicago and surrounding neighborhoods. Zoned B3-2 Commercial, allowing a wide range of retail, warehouse, mixed-use, and residential-above-retail uses, presenting flexibility for repositioning or redevelopment. The area also qualifies for City of Chicago and local grant initiatives supporting business and property improvements.

9112 S Cottage Grove Avenue, Chicago

$870,000
12621976 MLS ACTIVE Status
PRIME 1.2 FAR DEVELOPMENT OPPORTUNITY | COVERED LAND PLAY ON 79TH ST Strategically positioned on a high-visibility corner in West Chatham, this 19,625 sq ft lot offers an elite "Covered Land Play" for the sophisticated investor or developer. Zoned C1-1 with a 1.2 Floor Area Ratio (FAR), the site allows for a theoretical buildable density of up to 23,550 square feet. While you secure permits for a vertical mixed-use expansion, the existing 7,600 sq ft structure provides immediate, stable cash flow to cover all carrying costs. The asset is anchored by established neighborhood staples, including Ivy Jerk Hut, which recently committed to a new 3-year lease with a 3-year renewal option. This commitment, combined with a high-visibility pylon sign and 29 dedicated parking spaces, ensures consistent traffic and long-term viability. The Play: Whether you are looking to stabilize the remaining 3 vacancies (950-1,450 sq ft) for a high-yield hold or leverage the full 1.2 FAR for a landmark redevelopment, this property is priced at a significant basis to move. Motivated Seller | Closing available by June 2026. Contact Listing Agent for full development pro-forma and retail leakage data.

301 W 79Th Street, Chicago

$725,000
12602864 MLS ACTIVE Status
Rare 11-Unit Investment Opportunity in Chicago's Chatham Neighborhood. Located on the busy 79th Street commercial corridor. Features 11 units, featuring separate living and dining rooms plus additional bonus rooms that can serve as office or flex space. The properties generate approximately $110,375 in current annual gross income, providing stable in-place cash flow with additional upside potential through future rent adjustments. Tenants pay their own electricity and cooking gas, while the owner provides boiler heat, helping maintain predictable operating expenses. The buildings total approximately 13,205 square feet of improvements and benefit from a high-visibility location along one of the South Side's primary commercial corridors, surrounded by neighborhood retail, transportation, and consistent residential demand. This property presents an attractive opportunity for investors seeking stable income, commercial frontage, and long-term value in a growing South Side submarket.

431 E 79Th Street, Chicago

$725,000
12601793 MLS ACTIVE Status
Rare 11-Unit Investment Opportunity in Chicago's Chatham Neighborhood. Located on the busy 79th Street commercial corridor. Features 11 units, featuring separate living and dining rooms plus additional bonus rooms that can serve as office or flex space. The properties generate approximately $126,600 in current annual gross income, providing stable in-place cash flow with additional upside potential through future rent adjustments. Tenants pay their own electricity and cooking gas, while the owner provides boiler heat, helping maintain predictable operating expenses. The buildings total approximately 13,205 square feet of improvements and benefit from a high-visibility location along one of the South Side's primary commercial corridors, surrounded by neighborhood retail, transportation, and consistent residential demand. This property presents an attractive opportunity for investors seeking stable income, commercial frontage, and long-term value in a growing South Side submarket.

431 E 79Th Street, Chicago

$699,900
12653957 MLS ACTIVE Status
Exceptional investment opportunity on Cottage Grove Avenue! This well-maintained 9-unit masonry apartment building, built in 1964, is a 3-story walk-up offering approximately. The property features an attractive unit mix of eight 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing strong rental appeal and income potential. Additional amenities include five on-site parking spaces and convenient coin-operated laundry for tenant use. Zoned RT-4 (legal pre-existing non-conforming), the property offers added flexibility for investors. Ownership currently covers heat/gas, hot water gas, water/sewer, trash, and common electric expenses. Recent capital improvements include a new heating system and hot water system, adding long-term value and efficiency. A prime opportunity to own a solid multifamily asset in a desirable location! Commerical lending approval or POF prior to all showings are required.

8923 S Cottage Grove Avenue, Chicago

$695,000
9 Beds 6 Baths 12609505 MLS ACTIVE Status
Simeon Manor Contemporary New Construction in West Chatham Owner-Occupant Buyers Only for one of four 3-unit residential buildings offering three spacious units, each featuring 3 bedrooms and 2 full bathrooms with open-concept layouts. Designed for modern living, each unit includes private outdoor deck space and high-quality finishes throughout. Kitchens feature stainless steel appliances, induction stove with built-in air fryer, soft-close cabinetry, and premium quartz countertops. Units also include in-unit washer and dryer, video intercom system, recessed lighting throughout, and ceiling fans where appropriate. Built with a high-performance building envelope, the property includes high-efficiency HVAC systems, central air, energy-efficient water heaters, double-pane windows, foam insulation in exterior walls and ceilings, and low-flow plumbing fixtures-enhancing comfort while reducing long-term operating costs. Additional features include premium wood grain luxury vinyl flooring throughout and three assigned parking spaces. Developer offering $15,000 closing cost assistance. Owner-occupant buyers only will participate in landlord and real estate ownership training classes designed to support successful ownership and long-term investment performance.

Chicago

$695,000
9 Beds 6 Baths 12609132 MLS ACTIVE Status
Simeon Manor Contemporary New Construction in West Chatham Owner-Occupant Buyers Only for one of four 3-unit residential buildings offering three spacious units, each featuring 3 bedrooms and 2 full bathrooms with open-concept layouts. Designed for modern living, each unit includes private outdoor deck space and high-quality finishes throughout. Kitchens feature stainless steel appliances, induction stove with built-in air fryer, soft-close cabinetry, and premium quartz countertops. Units also include in-unit washer and dryer, video intercom system, recessed lighting throughout, and ceiling fans where appropriate. Built with a high-performance building envelope, the property includes high-efficiency HVAC systems, central air, energy-efficient water heaters, double-pane windows, foam insulation in exterior walls and ceilings, and low-flow plumbing fixtures-enhancing comfort while reducing long-term operating costs. Additional features include premium wood grain luxury vinyl flooring throughout and three assigned parking spaces. Developer offering $15,000 closing cost assistance. Owner-occupant buyers only will participate in landlord and real estate ownership training classes designed to support successful ownership and long-term investment performance.

Chicago

$695,000
9 Beds 6 Baths 12609130 MLS ACTIVE Status
Simeon Manor Contemporary New Construction in West Chatham Owner-Occupant Buyers Only for one of four 3-unit residential buildings offering three spacious units, each featuring 3 bedrooms and 2 full bathrooms with open-concept layouts. Designed for modern living, each unit includes private outdoor deck space and high-quality finishes throughout. Kitchens feature stainless steel appliances, induction stove with built-in air fryer, soft-close cabinetry, and premium quartz countertops. Units also include in-unit washer and dryer, video intercom system, recessed lighting throughout, and ceiling fans where appropriate. Built with a high-performance building envelope, the property includes high-efficiency HVAC systems, central air, energy-efficient water heaters, double-pane windows, foam insulation in exterior walls and ceilings, and low-flow plumbing fixtures-enhancing comfort while reducing long-term operating costs. Additional features include premium wood grain luxury vinyl flooring throughout and three assigned parking spaces. Developer offering $15,000 closing cost assistance. Owner-occupant buyers only will participate in landlord and real estate ownership training classes designed to support successful ownership and long-term investment performance.

Chicago

$695,000
9 Beds 6 Baths 12607088 MLS ACTIVE Status
Simeon Manor Contemporary New Construction in West Chatham Owner-Occupant Buyers Only for one of four 3-unit residential buildings offering three spacious units, each featuring 3 bedrooms and 2 full bathrooms with open-concept layouts. Designed for modern living, each unit includes private outdoor deck space and high-quality finishes throughout. Kitchens feature stainless steel appliances, induction stove with built-in air fryer, soft-close cabinetry, and premium quartz countertops. Units also include in-unit washer and dryer, video intercom system, recessed lighting throughout, and ceiling fans where appropriate. Built with a high-performance building envelope, the property includes high-efficiency HVAC systems, central air, energy-efficient water heaters, double-pane windows, foam insulation in exterior walls and ceilings, and low-flow plumbing fixtures-enhancing comfort while reducing long-term operating costs. Additional features include premium wood grain luxury vinyl flooring throughout and three assigned parking spaces. Developer offering $15,000 closing cost assistance. Owner-occupant buyers only will participate in landlord and real estate ownership training classes designed to support successful ownership and long-term investment performance.

506 W 81St Street, Chicago

$600,000
12711631 MLS ACTIVE Status
Rare chance to acquire a fully vacant 17-unit building in Chicago's Chatham neighborhood at $600K, roughly $35K/unit. Property requires a complete gut rehab, giving an investor total control over unit mix, finishes, and systems from day one. Location is a major draw: steps to Cottage Grove Ave, minutes to the Dan Ryan Expressway for fast downtown access, and close to Metra and CTA Red Line service for tenants commuting citywide. The 79th Street retail corridor and neighborhood staples like Dat Donut and Harold's Chicken Shack are nearby, along with Avalon Park and Hamilton Park for green space. Chicago State University sits just a few minutes away, adding to steady rental demand in the area. Chatham remains one of the South Side's most stable multifamily submarkets, with strong owner-occupant pride and consistent rental demand. This is a ground-up repositioning play for an investor looking to build a fully renovated, high-cash-flow asset from scratch. Bring your contractor and your vision, this one's ready to be rebuilt from the studs up.

7954 S Maryland Avenue, Chicago

$595,000
12751678 MLS ACTIVE Status
Exceptional investment opportunity! This well-maintained 6 unit multi-family property offers a total of 10 bedrooms and 6 bathrooms, making it ideal for both long term and short term rental strategies. Each unit features its own kitchen, living room, and dining area, offering comfortable, fully independent living spaces for tenants or guests. The property is equipped with a 24 hour security surveillance system for added peace of mind. Exterior amenities include six dedicated parking spaces for residents and guests. Two units are currently leased, providing immediate, stable income. Three units are operating as active Airbnb rentals, with one unit already secured for 160 rental days. One additional unfinished unit needing rennovations presents an opportunity for updates and added value.

8624 S Maryland Avenue, Chicago

$549,900
9 Beds 6 Baths 12762479 MLS NEW Status
Pristine conditoning for this brick 3 flat multi-unit in Chatham neighborhood with 3 large sized bedrooms and 2 full baths on each level. Grand floor plan with full living, dining and each in kitchen on each floor. Every unit has modernized kitchens and bathrooms. Luxurious hardwood floors throughout. Two units rented with good long time tenants. The basement is unfinished with tall ceiling and separate ingress and egress and loads of potential. Basement includes laundry area and utility room with hot water tank and well maintained boiler. Huge brick 3 car garage in rear. Windows 15 yo; Total Roof tear off on building 18mo; All Kitchens updated 3rd floor updated in 2023, 2nd floor updated 2017 and first floor updated 2015; All Bathrooms updated over 10 years; Boiler is drained weekly and serviced regularly. In-ground sprinkler system. Need notice for all showings.

8215 S Evans Avenue, Chicago

$497,000
12486593 MLS PRICE CHANGE Status
OWNER FINANCING POTENTIALLY AVAILABLE - SUBJECT TO TERMS AND STRUCTURE. We are pleased to present for sale 735 E 88th, a six-unit multi-family investment property in the Chatham neighborhood of Chicago. The property is composed of six four-room 1-Bed/1-Bath apartments and a three-car garage that features updated electric, updated rear porch, central boiler heat (~8 years old), common hot water, newer windows, hardwood floors throughout, multiple units with updated kitchen and baths, and is located in a low-density pocket of south Chatham. 735 E 88th provides an excellent opportunity for an investor to re-lease the property to local subsidies that are currently offering 1300 to 1400 for one-bedroom residences with heat and hot water included. Upon stabilization, 735 E 88th has the potential to realize a 10-12 annual capitalization rate.

735 E 88Th Street, Chicago

$450,000
9 Beds 4 Baths 12701385 MLS ACTIVE Status
Turnkey, income-producing investment opportunity in Chicago's desirable Chatham neighborhood! This fully occupied brick 3-flat generates $4,300 per month in rental income, providing immediate cash flow from day one. Tenants pay for gas and electric. The property has maintained the same tenants and rental rates for the last three years. Each spacious unit offers 3 bedrooms and 1 full bath, making this a highly desirable property for tenants and investors alike. Filled with classic Chicago charm, the building features hardwood floors, decorative fireplaces, built-in cabinetry, and timeless architectural details that continue to attract quality renters. The property also includes a 3-car brick garage and a full basement with front and rear access, generous ceiling height, and excellent potential for additional living space, storage, or future value-add opportunities (subject to City approval). Recent capital improvements include a boiler approximately 5 years old, roof approximately 5 years old, updated circuit breakers, and a hot water tank approximately 8 years old, helping reduce near-term maintenance concerns. Ideally located in the heart of Chatham, this property is just minutes from the transformative Obama Presidential Center, the Dan Ryan Expressway, public transportation, parks, shopping, and neighborhood amenities. With strong in-place income, solid building fundamentals, and long-term appreciation potential, this is an outstanding opportunity for both seasoned investors and owner-occupants looking to build wealth through real estate. Building being listed "As-Is"

7918 S Champlain Avenue, Chicago

$450,000
9 Beds 4 Baths 12664328 MLS ACTIVE Status
Situated in the heart of Chatham, this exceptionally well-kept 3-flat is a true income-producing opportunity that's ready to go from day one. The property features three generous units, each approximately 1,200 square feet, showcasing soaring 9-foot ceilings, hardwood flooring, and thoughtfully designed layouts with separate living and dining areas. Spacious kitchens offer abundant cabinetry and pantry storage, while each unit includes three oversized bedrooms; the first-floor residence is further enhanced by an additional half bath. Recent improvements include a new hot water heater, and tenants are responsible for their own electric, adding to the property's efficiency. A full basement provides shared washer and dryer access along with individual storage spaces for tenants. Outside, enjoy a large backyard ideal for gatherings, plus a three-car garage for convenient parking. Ideally located near major interstates and commuter train access, this move-in-ready investment is one you won't want to miss.

8019 S Rhodes Avenue, Chicago

$429,700
10 Beds 5 Baths 12664564 MLS ACTIVE Status
$10,000 PRICE IMPROVEMENT - VALUE-ADD OPPORTUNITY! Take advantage of this newly adjusted price and use the savings to make moderate upgrades tailored to your vision. This 4-unit property features a fully finished basement adding the luxury and value of additional living space, plus a 2.5-car brick garage offering added convenience and storage. Located in a neighborhood experiencing new development and continued investment, this property offers an exciting opportunity for an investor or owner-occupant looking to add value. Rather than paying a premium for someone else's renovations, purchase at the improved price and put the difference toward the updates that matter most to you. New price. More flexibility. Strong potential. Bring your vision and make this property your own! Conveniently located in Chatham near the lakefront, transportation, shopping, dining, neighborhood amenities, and the Obama Presidential Center. SOLD AS IS.

8017 S Maryland Avenue, Chicago

$415,000
6 Beds 3 Baths 12737523 MLS ACTIVE Status
Stunning, fully renovated brick 2-flat offering the perfect blend of timeless Chicago character and modern luxury! Whether you're an owner-occupant looking to help out your mortgage or an investor seeking a turnkey income-producing property, this beautifully updated building checks every box. Each spacious unit has been thoughtfully renovated with gleaming hardwood floors, recessed lighting, and an open, light-filled layout. The modern kitchens feature espresso shaker cabinetry, granite countertops, stainless steel appliances, subway tile backsplashes, and abundant cabinet space, creating an ideal setting for everyday living and entertaining. The expansive living rooms showcase beautiful bay windows that flood the space with natural light, while the generously sized bedrooms and updated bathrooms provide both comfort and style. Major improvements throughout offer peace of mind, making this a truly move-in-ready investment. Situated on a quiet, tree-lined street, the property offers easy access to public transportation, major expressways, parks, schools, shopping, and dining. Conveniently located near the University of Chicago, the future Obama Presidential Center, and several ongoing neighborhood revitalization projects, this is an exceptional opportunity to own in one of Chicago's rapidly appreciating South Side communities.

8019 S Eberhart Avenue, Chicago

$399,000
12737167 MLS ACTIVE Status
***PRIME 8-UNIT MIXED-USE INVESTMENT OPPORTUNITY WITH 2 STOREFRONTS*** Excellent opportunity to own a high-potential 8-unit mixed-use property featuring 2 commercial storefronts and 8 residential units. 7 of the 8 units are currently rented, providing immediate cash flow with additional upside through rental increases. This property offers strong income stability with long-term tenants in place and clear value-add potential. While the building needs some work, it presents the perfect opportunity for an investor looking to reposition and increase NOI. With strategic updates and management, rents can be brought to market rate to significantly enhance returns. The 2 storefronts offer excellent visibility and foot traffic, positioned next to established businesses, creating consistent exposure and demand. Ideal for Investor or 1031 Exchange Buyer. Whether you are looking to expand your portfolio or secure a mixed-use asset with upside potential, this property checks all the boxes. Serious inquiries only. Proof of funds required. This is an "as-is" sale.

509-511 E 79Th Street, Chicago



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