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Sara Latta-Young

saralattayoung@gmail.com +1(815) 685-5090

$ 1,900,000

Est. payment | -/mo

12,000 SqFt

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$ 1,900,000

Est. payment | -/mo

Save

12,000 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $158

MLS Listing ID 12554969

Year Built 1942

Annual Tax Amount $46,064

Tax Year 2023

Lot Dimensions 110X110

Property Sub-Type Retail/Stores

Property Description

One-story commercial building offering 12,000 square feet of rentable space plus an additional 704 square feet designated for parking. The building is zoned B3-3, allowing various business uses, including large grocery stores, medical centers, restaurants, professional offices, retail shops, banks, and many other types of businesses. It is located in the revitalizing Bronzeville neighborhood, which features several new residential developments, such as townhomes, condominiums, single-family homes, and apartment rentals. The property sits on a main thoroughfare of East 43rd Street, with Cottage Grove a few blocks to the east and King Drive a few blocks to the west. Accessible public transportation includes the bus line on East 43rd Street and the elevated Green Line, located a few blocks to the west. This is a NNN lease with a base rent of $17.58 and passthroughs of $3.78 for real estate taxes. The property is also being offered for sale at $1.9 million.

Location

State IL

County Cook

Area Chi - Grand Boulevard

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Listed by Suni Karim of SK Properties Group, LLC

NEARBY PROPERTIES

+1(815) 685-5090

saralattayoung@gmail.com

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418 E 43rd ST Chicago, IL 60653