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$399,000
Est. payment /mo
36,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 36,000 sqft
Price per Sqft $11
MLS Listing ID 12470924
Year Built 1950
Annual Tax Amount $13,950
Tax Year 2023
Lot Dimensions 116x80
Property Sub-Type Retail/Stores
Property Description
Located in an Opportunity Zone at the corner of 112th Place and Michigan Avenue, this 36,000-square-foot, four-story retail building with a full basement and freight elevator is now available for sale. The street-level storefront is currently leased to a furniture store, generating approximately $48,000 in annual rent. The fireproof structure with sprinklers throughout offers excellent redevelopment potential-ideal for conversion to self-storage or other commercial uses-while providing steady income from the existing tenant.
Location
State IL
County Cook
Area Chi - Roseland
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
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Listed by Larisa Salma Zahdan of My Realty Chicago Inc
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