Superb location 2-story mixed-use building offering main level 2,500 Sq. ft. retail/office/profession use and 2nd floor 2,500 Sq. ft. 3-large bedrooms, 2-baths, family room and beautiful large deck with an ELVATOR. Building currently in process of converting to mixed-use where very much a new/updated condition will be delivered in late October. Walking steps to Skokie downtown action and entertainment corridor at Oakton St. and Lincoln Ave./Niles Center Rd., neighboring to Chase Bank, Skokie Theater, Skokie Library, Village Hall, Bank of America, restaurants, and much more of retailers. Provides quick access to interstate I-90 and I-94, Northwestern Suburbs and within a short distance O’Hare Airport.

High-volume traffic(25,000 +/- vehicles per day)on 1.2 acre, on the path to Lake Geneva from I-94. Long legacy of successful small-business owners (originally a meat market, then Bear Realty, a boat shop, & currently Hasting Carpet showroom (26001 75th ST). Log-sided main building(built 1952) is positioned nicely for potential drive-through. Full basement has been renovated. Second address on property is 26011 75th ST duplex (built 1960): upper is leased residential; lower is used as commercial. Garage built in 2019, is 24’x24′ & 10’x12′ shed, fenced refuse coral. Property was annexed into Village of Paddock Lake in 2011, municipal sewer installed to store & duplex, TWO accesses on Hwy 50 remain. Ample parking.

Turnkey, mixed-use winner in prime Bucktown-ideal for an investor or a live-in owner who wants income from day one. Street-level retail is leased to long-term Mega Locksmith (with finished basement space incl. bathroom, laundry & sump); Mega would like to sign a 10 year lease, talk about a great anchor tenant; two 2BR/1BA apartments above are well-kept and leased (~2 yrs & ~5 yrs). Major building updates: electric, plumbing & HVAC ~3 yrs, office interior refreshed ~3 yrs, windows ~5 yrs, roof ~10 yrs. On-site alarm (operated by retail). Low operating expenses and stable tenancy = immediate, durable cash flow. Unbeatable location near The 606/Bloomingdale Trail, Damen/Milwaukee/North shops, and the Damen Blue Line-perfect for renters and future appreciation. Walk to neighborhood favorites like Le Bouchon, Small Cheval, Piece Brewery, The Map Room, Ipsento, and The Robey rooftop; minutes to galleries, boutiques, and the Bucktown/Wicker Park festival scene. Surrounded by ongoing residential rehabs and retail refreshes along the corridor. Live in one unit and let the other units (plus the retail) help take care of the mortgage-or hold as a low-touch, cash-flowing asset in a high-demand rental pocket.

Strauss Realty, Ltd. is pleased to present 1616 W. 18th Place, a fully leased 9-unit mixed-use building (8 residential , 1 commercial unit) located in Pilsen. The property features eight residential apartments (5) 1BD/1BA, (2) 2BD/1BA, and (1) 3BD/1BA, all leased on gross terms for simplified management. A 750 SF ground-floor commercial storefront is currently available for lease, with a letter of intent already received, providing immediate value-add potential. The building spans approximately 6,250 square feet and is offered at a 6.88% capitalization rate based on current net operating income of $106,561. With stable residential income and upside through commercial lease-up, this asset offers strong cash flow and long-term growth in a high-demand market. Conveniently located just half a block from Ashland and 18th Street, 2 blocks from the CTA Pink Line, and minutes from I-90/94 and I-55. The Pilsen neighborhood continues to see steady demand from both residents and small businesses.

Strauss Realty, Ltd. is pleased to exclusively present 2010-2012 S. Wabash Avenue, a prime 20,438 SF mixed-use property located in the heart of Chicago’s dynamic South Loop. This fully-occupied asset includes 6 residential apartments, along with two retail spaces totaling 9,581 RSF (featuring a 4,335 SF street-level storefront and an additional 5,246 SF of usable basement retail). An 8-car garage provides added convenience and tenant appeal. Offered at a 6.64% cap rate based on in-place NOI of $212,589, this stabilized property delivers strong cash flow with zero current vacancy. The renovated residential units include granite countertops, stainless steel appliances, and in-unit laundry. Units 2F, 3F, and 4F were updated in 2023 and the remaining units were renovated in 2017. Recent capital improvements and a balanced unit mix make for a low-maintenance, high-performing asset. Located near Wintrust Arena, McCormick Place, Essex on the Park, and the Museum Campus, the property benefits from exceptional visibility and accessibility. Within a one-mile radius of five CTA train lines and major bus routes – and under 10 miles to both O’Hare and Midway – this South Loop location continues to see strong development and demand. 2010-2012 S. Wabash Avenue offers investors a rare opportunity to acquire a fully-leased, income-producing asset in a premier urban corridor with long-term growth potential.

Property in good shape the business lease will expire in a month owner will do repairs needed by the bank only

Excellent investment opportunity in Downtown Marengo, Fully Equipped Restaurant with Bar and 2 Apartments Upstairs, one 3 Bedroom and one 2 Bedroom (both rented). One Kitchen on the main Floor plus Bar and two Baths. Large Basement for storage, there is a large Prep Kitchen in the basement and 3 Large Walk-In Coolers plus a smaller Beverage Cooler. Built in 1997 with a large Addition added by the current owners, Bar Area remodeled in 2010 beautiful Oak construction. Wired for gaming machines off the bar area. 12 parking spaces, there is street parking plus a large municipal lot one block away. Investor buyers with a Food Truck can use the prep kitchen in the basement (which has inside and outside access) for your needs and rent the restaurant and apartments for income/investment. The main level could also be reconfigured into 2 or 3 apartments making this a 5 unit. Lots of possibilities in this well cared for building in the central business district. Restaurant and Bar also for Lease including lower level with storage/coolers/prep kitchen for $4000/month

Pleased to present 1140 W. 18th Place-a fully leased mixed-use property ideally situated in the heart of Chicago’s vibrant Pilsen neighborhood. This well-maintained building spans approximately 8,000 square feet and features a ground-floor commercial space currently occupied by restaurant Bobijoa Korean Kitchen, along with six renovated residential units above. The residential mix includes three 2-bedroom/1-bath units and three 1-bedroom/1-bath units, all updated with stainless steel appliances, granite countertops, new flooring, and individual utilities. The property offers an attractive in-place cap rate of 4.89% with a current net operating income of $85,537. All leases are gross, minimizing management responsibilities and ensuring steady cash flow. With full occupancy and modernized interiors, this is a turn-key investment opportunity in a strong rental market. Located just steps from the intersection of 18th Street and Racine Avenue, the property benefits from excellent transit access via the CTA Pink Line, multiple bus routes, and nearby expressways. The area is known for its walkability, strong community presence, and a dynamic mix of local businesses, restaurants, and cultural destinations. This is a rare chance to acquire a stabilized asset in one of Chicago’s most in-demand urban neighborhoods.

End-of-Summer Investment Opportunity in Englewood! This 8-unit mixed-use building featuring 7 residential units and 1 commercial space offers strong rental income in a growing Chicago neighborhood. A perfect chance to close out the year with a cash-flowing asset and position yourself for long-term gains!

Prime Hyde Park Investment Opportunity! Featuring 10 total units, 9 spacious residential units + 1 income-producing commercial space. This gem offers immediate cash flow in one of Chicago’s most sought-after neighborhoods. Ideal for seasoned investors or savvy buyers looking to expand their portfolio!