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$ 2,050,000
Est. payment | /mo
8,694 SqFt
$ 2,050,000
Est. payment | /mo
8,694 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 8,694 sqft
Price per Sqft $235
MLS Listing ID 12193574
Year Built 1930
Annual Tax Amount $57,845
Tax Year 2023
Lot Dimensions 49X193
Property Description
This 5 unit Commercial Retail property has 5 beautiful spaces with upgrades all done in the last 5 years. Each tenant loves their space and are open to staying if new owner prefers. There is also flexibility if the new owner wants to open a business as well. You have the best of both worlds. The property sits at the bottom of the Bronzeville Lofts which is a professionally managed hoa condo building. The property only has 1 pin which is convenient for the new owner and is currently cash flowing with tenants. The property practically runs itself. An investor would only be responsible for taxes & insurance. Tenants are responsible for everything else per their commercial modified lease agreement. Tenants are responsible for all their own maintenance, hvac, plumbing, & electrical. Location has great exposure to the South Loop and less than 90 seconds from the expressway. Don't miss out on this amazing 5 unit Commercial Retail Space. Tenants are Salon Sevhn, a luxury hair salon with a long term lease. Guaranteed Rate, a Nationally Recognized residential mortgage lender, Blue Door Dave Real Estate, a local Boutique Real Estate Office, Bronzeville Community Center, a locally RN ran facility to provide office services amongst many others & Exceptional Building Services, a commercial cleaning service.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
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Listed by David Thomas • Blue Door Dave Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "