Investment Property Advisors



About IPA
Managing Broker
Featured Properties
Client Services
Links
Contact



Communities:
  • Auburn-Gresham
  • Hyde Park/Kenwood
  • Washington Park
  • Chatham
  • South Suburbs
  • West Town
  • East Chatham
  • South Loop
  • South Shore
  • Prime Hyde Park
  • West Chatham
  • Beverly / Morgan Park
  • Park Manor
  • Near Chatham
  • Chicago Loop
  • Lake County, IL
  • Englewood
  • Peru, Illinois
  • Avalon Park
  • Bronzeville
  • Freeport, IL
  • Pullman
  • Woodlawn
  • Keyword:

    Enter a keyword that will search property names, descriptions, and amenities
    Community:
    Status:
     


    Press "reset" to clear your search results.
    * You are viewing properties by SORT_ORDER in ascending order. Click on the column names below to change the display order on this page. Featured Property
    Non-Featured Property
        Property Name Status Description
    Ashland Avenue Mixed-Use
    Auburn-Gresham
    Just Sold This 19-Unit Mixed-Use property is an ideal investment along Ashland Avenue in the Auburn-Gresham neighborhood of south side Chicago. The Unit Mix consists of (12) 1-Bedroom units, (2) 2-Bedroom units, and (5) Retail spaces (two spaces are occupied by H&R Block). Class 9 status is currently pending which will further help to protect returns. At list, an investor can acquire a solid property with recent renovations, minimal capital needs, and Cash-on-Cash returns of nearly 9%. Auburn-Gresham is an established and desirable area of the south side of Chicago. The majority of the neighborhood consists of single family homes and recently renovated multi-family properties. Households with incomes greater than $100,000 are expected to grow by nearly 68% during the current 5 year period ending in 2010. Households within the $125,000 to $150,000 range are expected to grow by 113% over the same period. Located on Ashland Avenue, this property benefits from high traffic counts, nearby new retail, and easy public transportation access.
    5601 S. Emerald
    Englewood
    Just Sold 5601 South Emerald is a 19 Unit Multifamily building located in the Englewood neighborhood of Chicago, IL. At list price, this building provides nearly 10% in Cash-on-Cash Return at an 8.7% Cap Rate. Under its current ownership, this building has gained from newer windows, mechanical systems, and unit updates. The expenses for this property benefit from its recent Class 9 status that now has the property taxes below $7,000. Additionally, the savvy investor could convert some of the buildings 4.0 Room 1 BR units into 2 BR units for future Income growth. Occupancy is currently outpacing the market at 95%. Located one block from the burgeoning Garfield Boulevard corridor, this location realizes growth and transformation from new retail outlets, close proximity to the new Kennedy King College campus and its ancillary business activity. Although Englewood has struggled in the past, it is now the focal point of revitalization for the City of Chicago, and the community s own residents. Occupancy has remained high as the building s tenants have benefited to from easy access to the CTA s Red Line, the #55 Garfield, and #8 Halsted Bus which provide simple transportation throughout the city.
    Kingston 6-Flat
    South Shore
    Just Sold Great income producing 6-flat or condo conversion opportunity in South Shore.  Spacious 3BR/1.5BA apartments with individual heat and potential to add parking.  This property is close to the lakefront, shopping and transportation.  Many conversions and rehabs nearby. 
    Washington Park ~ Tenant Heated
    Washington Park
    Just Sold This 28 unit apartment building consists of: (11) 5.0 Rm/ 2 BR, (12) 4.0 Rm/ 1 BR, and (5) 3.5 Rm/ 1 BR units.  This property has individual heat, newer replacement windows and has been recently tuckpointed.  This investment allows a buyer to acquire a building located in a highly appreciating area that is surrounded by condo conversions.  This property is located near Washington Park, DuSable Museum and the University of Chicago Hospital.  It's close to public transportation and is minutes away from downtown Chicago.
    Arm Chair Investment
    East Chatham
    Just Sold This is an Arm Chair investment where the building has been upgraded in many areas.  It is located in East Chatham with many new completed rehab projects nearby.  The building also has the convenience of a Metrarail Station nearby.  It has been recently tuck-pointed with New Aluminum Thermalpane Replacement Windows throughout which have been capped/wrapped.  All units have glistening hardwood floors.  (13) Large 800-850 sq.ft. 2 Bedroom units have formal dining rooms and the (12) 700-750 sq. ft. 1 Bedroom units have large eat-in kitchens with upgraded cabinets and countertops.  The building also has an on-site laundry facility with a wrought iron fence providing total building security.  This building shows its pride of ownership.
    Value Added Opportunity
    Englewood
    Just Sold This mixed-use apartment building is ideal for an investor looking to add value.  This building has individual heat and hot water.
    West Town Mixed-Use
    West Town
    Just Sold This 18 Unit Mixed-Use Apartment Building is located in the gentrifying community of West Town.  The property has an excellent apartment mix consisting of:  (2) 3.5 Rm/1 BR, (12) 4.0 Rm/2 BR, (2) 5.0 Rm/2 BR, and (2) Storefronts. 
    Greenwood Avenue Apartments
    Woodlawn
    Just Sold This 6-unit, well maintained vintage building consists of:  (6) 6.0 Rm/3 BR/1 BA units.  This prooperty is located in the appreciating Woodlawn neighborhood.
    Auburn Gresham
    Auburn-Gresham
    Just Sold This 18 Unit Apartment Building consists of: (6) 2.5 Rm/ Studios (12) 3.0 Rm/1 BR
    Price Reduction ~ Tenant Heated
    South Shore
    Just Sold South Shore, 2 Blocks from Lakefront, 26 Unit, Tenant-heated, California Style apartment building with some off street parking consisting of:  12 - 3.5 Rm/1 Br 14 -  4.5 Rm/2 Br 
    Single Tenant Walgreens
    Lake County, IL
    Just Sold Single Tenant Walgreens purchased using a 1031 Exchange.
    Burnham Center TIC Interest
    Chicago Loop
    Just Sold 50 TIC Interests purchased in Burnham Center.
    The Highlands Apartments
    South Shore
    Just Sold This property is well located in the exclusive Highlands neighborhood consists of: (11) 3.5 Rm/1 BR apartments.
    Medical/Dental Office Building
    South Shore
    Just Sold The subject property is a single-story 1,403 sq.ft. medical (dental) office building consisting of:  (4) Operatory Rooms, (1) Reception Area, (1) Waiting Area, (1) Laboratory, (1) Bathroom, (1) Private Office, and (1) Storage Space/Utility Closet.  This site measures 25' x 125' which consists of 3,125 sq. ft.
    2 Lots Plus Commercial Bldg
    Park Manor
    Just Sold This business opportunity is ideally suited for convenience store/grocery store. 2 Lots totaling 5400 sq.ft. including a single-story commercial space (formerly a lounge) 
    2 Br's + Parking
    Beverly / Morgan Park
    Just Sold 40 units suitable for condo conversion.
    Well Maintained
    Chatham
    Just Sold Three story brick courtyard walk-up apartment building consisting of 31 units as follows: 30 x 3.5Rm/1Br-770-775sf 1 x3.0Gdn-600sf
    Exceptional Location
    Chatham
    Just Sold Well Maintained & Managed, Tudor-style mixed-use apartment building consisting of:  (4) Storefronts, (3) 3.5 Rm/1 Br, (3) 4.0 Rm/2 Br, (3) 5.0 Rm/2 Br, (1) 5.0 Rm/2 Br Grdn, & (27) 4.0 Rm/1 Br. 
    Superb Condition
    South Shore
    Just Sold Three story brick courtyard walk-up apartment building consisting of 25 units as follows:   1 x 4Rm/2brGdn-775sf 9 x 4Rm/2br-825sf 12 x 5Rm/2br-900sf 3 x 4Rm/1br-800sf
    Arm Chair Investment
    Auburn-Gresham
    Just Sold Well maintained, mixed-use apartment building consisting of 19 units as follows:  (9) 4.0 Rm/1Br, (8) 2.5 Rm/Studio, & (2) Storefronts.  Located in the rapidly revitalized Auburn-Gresham Community this property has access to major public transportation. 
    Value Added
    South Shore
    Just Sold Three Story Walk-Up apartment building consisting of 17 units as follows: 1 x Grdn/Studio-400 sf 3 x 1Br/1ba-625sf 9 x 2br/1ba-800sf 3 x 3br/1ba-1000sf 1 x Grdn/3br-800sf
    Well Managed
    East Chatham
    Just Sold Three story brick courtyard walk-up apartment building consisting of 19 units as follows:   1 x 5Rm/3brGdn-850sf 6 x 5Rm/2br-800sf 12 x 4Rm/1br-750sf
    Well Maintained
    East Chatham
    Just Sold Three story brick courtyard walk-up apartment building consisting of 26 units as follows:   23 x 4Rm/1br-800sf 1 x 4Rm/2br-800sf 1 x 3.5Rm/1brGdn-700sf 1 x 2.5RmGdn Stud-450sf
    Cornell Avenue Apts
    South Shore
    Just Sold Exceptional large apartments Suitable for Condo Conversion Updated Apartments  
    2 Story Six Flat
    West Chatham
    Just Sold Unique Two Story well located Six Unit Apartment Building with center and side entrances.
    Cornell Arms Apts
    South Shore
    Just Sold Huge Six Flat Multiple Bedrooms Suitable for Condo Conversion
    Bank Building
    South Suburbs
    Just Sold  One story bank facility with full basement sitting on a site consisting of 67,000 sq. ft.Gross building area 9, 389 sq. ft. built in early 1950's renovated early 1990's. 10,348 drive up w/detached teller building also included.
    Rows: 1 - 27 of 27 Page: 1 of 1



    Investment Property Advisors, LLC
    About IPA | Staff | Featured Properties | Client Services
    Links | Contact Us

    ©2003 - Investment Property Advisors, LLC