11,000 sq ft
Commercial: Retail/Stores - MLS# 12591282
Tools & Resources:
Description
This Prime Commercial Investment Opportunity In The Bronzeville/Washington Park Area Is Available And Waiting For You! Discover a well maintained 6-unit retail building located in one of Chicago's fastest growing corridors. Units range from 1,100-3,500 sq ft, offering flexible layouts ideal for a variety of commercial uses. The property features 2 occupied units...a liquor store & mart and nail salon, providing immediate rental income. The corner restaurant unit was rehabbed just 3 years ago. The restaurant, single storefront and a larger double unit are currently vacant, offering potential for owner-users or investors looking to increase cash flow. Situated in a high foot traffic area, this property benefits from strong neighborhood activity, street parking and close proximity to public transportation. Surrounded by ongoing new developments and located just minutes from the highly anticipated Obama Presidential Center, this location is poised for continued growth and long term appreciation on the South Side!
Features
- Property Type: Commercial
- Sub Type: Retail/Stores
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60615
- Year Built: 1898
- Sq.Ft.: 11,000 sq ft
- Stories: 1
- Units: 6 units
- Zoning: COMMR
- # Of Tenants: 2
- Building Area Total: 11000
- Construction Materials: Brick
- Cooling: Central Air
- Directions: NWC of 51st St and Indiana Ave
- Electric: Circuit Breakers, Service - 101 to 200 Amps
- Estimated Tax/Sf: 1.3
- Foundation Details: Concrete Perimeter
- Heat/Ventilation: Forced Air
- Information: Short Notice OK
- Leasable Area: 3600
- Leasable Area Units: Square Feet
- Location: Central Business District, Public Transport Avail
- Lot Size Square Feet: 11520
- Main Type: Commercial Sale
- Min Avail Sq Ft (Rentable): 1200
- Misc Inside: Private Restroom/s
- Property Offered: For Sale Only
- Property Sub Type: Restaurant
- Roof Structure: Flat
- Tax Annual Amount: 42542.21
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Operating Stops, Repairs, Scavenger
- Township: Hyde Park
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