Logan Square

MLS Number 11713391

• CommercialSale Commercial Sale
• Area Logan Square
• Year Built 1948
• 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 11779482

• Residential
• Bedrooms 5
• Bathroom 6
• Square Feet 8,960

Recently renovated with cutting-edge design and flawless finishes, 1806 N. Wood St. is a 9000 SF, 5 bed/5.1 bath, single-family home with spectacular outdoor space. Located in the heart of Bucktown, just steps from the 606 (2.7 miles of multi-use recreational trail and park) on a double-lot, this home's exterior stuns from the street thanks to a timeless limestone facade, a slate roof, and mature landscaping. Inside, the design is contemporary yet warm, beginning with an open foyer with double-height ceilings. From there a light-filled living room with matte herringbone hardwood floors, custom built-ins, and a wood-burning fireplace and a large dining room with floor-to-ceiling windows, and space for an oversized dining table. The main level has an architectural staircase, presentation worthy powder room, sleek chef's kitchen that features custom cabinetry, quartzite waterfall island, top-of-the-line appliances, and a breakfast area. The kitchen links to a 500 SF back deck with an outdoor kitchen/grill and fireplace. The kitchen also connects to a dramatic sunken living room with vaulted ceilings, an oversized fireplace, exposed beams, and a wall of windows that offers direct access to a series of three additional outdoor spaces: a backyard with turf, a 400 SF courtyard, and a 600 SF deck above the three car garage. Upstairs, the second level presents a lovely mezzanine with glass railings and skylights, three secondary bedrooms, two full baths, and an epic primary suite with a fireplace, beamed ceilings, wide-plank walnut floors, a sitting area, two closets with custom built-ins, and an ensuite bath with dual floating vanities, a soaking tub, and a glass-encased steam shower. The third level is home to a luxe entertainment room with a built-in wet bar and a 800 SF penthouse roof deck with yet another outdoor fireplace and views of the 606. The basement features a spectacular rec/media room with bar, a climate-controlled wine cellar, a workout room with sauna, an indoor resistance pool, an ensuite guest bedroom, and surplus storage. Additional details and amenities include designer light fixtures and wall-coverings, two laundry areas (one on the bedroom level, one in the basement), a 4 stop elevator, radiant heated floors, outdoor heaters, and embedded indoor-outdoor sound. Turnkey and design-forward with incredible indoor-outdoor living, not to mention close proximity to boutique shopping and world-class dining on North, Milwaukee and Damen Avenues, 1806 N. Wood St. is extraordinary living in one of Chicago's hottest neighborhoods.

Listed by Ryan Preuett of Jameson Sotheby's Int'l Realty

MLS Number 11789781

• CommercialSale Commercial Sale
• Area Logan Square
• Year Built 1924
• Zoning COMMR
• Parking Spaces 14

Transferable, corporately held Incidental Liquor, PPA, Outdoor Patio, & Retail Food licenses. Legal occupancy 387 persons. 144.3 feet of frontage by 83.5 feet of depth (12,049.05 SF). Impeccable buildout with 3 dining rooms and a 4,000+ SF outdoor patio. The main dining room (45.6' X 63') has 15-foot ceilings, the entrance room & kitchen (21.6' X 83') has 12-foot ceilings, and the north dining room (23' X 59.6') has 13.8-foot ceilings. The kitchen has 2 ventilation hoods with fire suppression systems; one is 28 feet long & the other is 12 feet long. All FF&E is included. The property has a mixed-use status with a 1,590 SF second floor apartment with 9.6-feet of ceiling height. Zoning B3-2. The brand, Las Fuentes is not included with the sale. Do not disturb employees.

Listed by Michael Costanzo of Jameson Commercial

MLS Number 11789784

• Business Opportunities Business Opportunity
• Area Logan Square
• Parking Spaces 14

Transferable, corporately held Incidental Liquor, PPA, Outdoor Patio, & Retail Food licenses. Legal occupancy 387 persons. 144.3 feet of frontage by 83.5 feet of depth (12,049.05 SF). Impeccable buildout with 3 dining rooms and a 4,000+ SF outdoor patio. The main dining room (45.6' X 63') has 15-foot ceilings, the entrance room & kitchen (21.6' X 83') has 12-foot ceilings, and the north dining room (23' X 59.6') has 13.8-foot ceilings. The kitchen has 2 ventilation hoods with fire suppression systems; one is 28 feet long & the other is 12 feet long. All FF&E is included. The property has a mixed-use status with a 1,590 SF second floor apartment with 9.6-feet of ceiling height. Zoning B3-2. The brand, Las Fuentes is not included with the sale. Do not disturb employees.

Listed by Michael Costanzo of Jameson Commercial

MLS Number 11768155

• CommercialSale Commercial Sale
• Area Logan Square
• Year Built 1902
• Zoning COMMR

Incredible investment opportunity located in the heart of Chicago's Bucktown neighborhood available for sale for the first time in generations. This well-maintained building consists of four street level commercial units and four residential units upstairs. The building is 100% occupied and has been since 2019. In addition to the existing tenants, the building has also entered into a long-term leasing arrangement with Verizon to install a cell phone tower. An opportunity exists for any Buyer to sell the Verizon lease at closing and apply up to $400K+ to "buy-down" the the purchase price. In addition, after the sale of the lease, long-term revenue share opportunities with the cell tower still exist. Another revenue opportunity would be to re-install a billboard where legacy board previously existed. Additional information such as rent roll and value-add opportunities requires executed NDA. Proof of funds needed to schedule formal tour.

Listed by Mikus Kins and Dominic Foderaro of Be Realty,LLC

MLS Number 11717916

• Residential
• Bedrooms 6
• Bathroom 5
• Square Feet 6,597

Timeless elegance in this turn of the century, gut renovated, 6500+SF Graystone on a double lot. 2614 Logan Blvd is in the Logan Square Historic District. Working with Nina and John Hancock of Hancock and Hancock, the house underwent a complete renovation in 2008, taking the interior down to the studs to create a magnificent residence. Enter to a grand 2 story Foyer, dual coat closets and a chandelier that can be lowered with the push of a button for cleaning. An original leaded glass window sparkles in the bay window of the Living Room that features a fireplace, lovely built-in cabinets and intact (covered) pocket doors. The elegant Library features cozy seating and a wet bar. The cook's Kitchen has stunning Cambium, Shaker style, cabinets, a 6 burner AGA stove (dual fuel) with 4 ovens, a Dacor warming drawer, Miele dishwasher and a Sub- Zero refrigerator. A movable center island, allowing for maximum utility and a lovely dining area/breakfast room complete the Kitchen. The Sunroom, adjacent to the kitchen, overlooks the lush backyard with a blue stone walkway and patio. There is a DCS built-in natural grill, a comfortable seating area and an outdoor dining area in the backyard. The two-car garage was originally the stable for the property and the interior now includes a "tuxedo junction". The sought after 4 Bedrooms are found on the second floor, 3 with en-suite baths. The Primary Bedroom has 3 walk-in closets and its bath has marble floors, counters and shower with a separate soaking tub. The lower level has a Bedroom suite with a sitting room and full bath. Additionally, there is an impressive Office, with built-ins and a seating area, another Bedroom, wine storage, a work-out area with a refrigerator and "Costco" closets; a Workroom/tool room with shelving, a Laundry with a large sink/Dog Washing station and sitting area. Completing this functional space is a Cedar Closet, a Utility closet and abundant storage. This home has been meticulously maintained adding a New Roof in 2021, the original lead glass windows have all been restored, new windows in 2008, dual zoned heating and cooling, 2 water heaters, and mature landscaping are checked regularly. Merkle woodworking is found throughout the home and the floors are quarter sawn. All the closets have professionally built California closets. The Savant Security system has a fully monitored alarm system for doors, windows and locks; and includes lighting, motion detectors and security cameras. There is a data room, Cat 5 wiring and 4 zones of x-infinity connectivity. At the time 2614 Logan Boulevard was built, Logan Sq was the perimeter of the city, where the "EL" ended. Today, Logan Square is Hot, Hot, Hot with new restaurants opening monthly, cocktail lounges and a new hotel coming in 2023. According to a resident "Logan Square has an amazing Sunday farmers market filled with the eclectic crowd that gives Logan Sq so much life. People love the neighborhood, its sense of community and there is lot energy towards making it thrive and also be inclusive". The Chicago Blue line is a few blocks west of 2614 Logan and there is easy access on and off 90/94. Logan Boulevard is equidistant from O'Hare and Midway.

Listed by Amy Morro of Baird & Warner

MLS Number 11768973

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

Awesome opportunity to own in beautiful Logan Square! Dont miss your chance! Details, Corner Store front- Tenant has occupied for almost 14 Years! Owner Occupied for the majority of the residential units. Phenomenal Opportunity. 1st floor apartments can be duplexed down. Plenty of Added Value Opportunity through out! Price is based on pro forma once family vacates both 3 bed room apartments based on comparable market rents. Contact agent for details and to show.

Listed by Wahbe Askar of Sky High Real Estate Inc.

MLS Number 11783202

• Land
• Area Logan Square

Vacant Lot. B3-1 Zoning. 104 feet of frontage on Mozart St. 126 feet of frontage on Diversey Avenue. Excellent location, super close to prime Logan Square dining & shopping and 90/94. Alley access on the west side of the property as well.

Listed by Lucas Blahnik and Anthony Flora of @properties

MLS Number 11685095

• Land
• Area Logan Square
• Acreage 0.2

PRICE IMPROVEMENT!!First time available in over 30 years!! Outstanding redevelopment opportunity. 3 city lots comprising almost 9,000 square feet of land just north of the 606! Zoned M1-1 but many possibilities to re plan - please consult alderman and city. Creative sellers, please take a closer look and share your vision for the site. Time can be possible for rezoning for the right en user. Structure is inhabited - please do not disturb.

Listed by Christopher Tiedeman of Land Partners,LLC

MLS Number 11753317

• CommercialSale Commercial Sale
• Area Logan Square
• Year Built 1906
• Zoning COMMR
• Parking Spaces 2

Attention arm chair investors - excellent passive income opportunity in hot Logan Square. Fully occupied mixed use building with a new triple net leased restaurant space on the main floor and two apartments above, one a licensed Airbnb that can be transferred along with 4.5 star rating and management in place. 2 car garage parking onsite or use it as storage. Apartment 2F: Fully Furnished 2bd 1 bath with pullout couch, full kitchen. Apartment 2R: Fully Furnished 2b 1bth, full kitchen.

Listed by Michael Decker of Compass