9139 S Commercial Ave - Retail FOR SALE


Chicago, IL 60617
$450,000 USD
773-293-5056
9139 S Commercial Ave, Chicago, IL for Sale
$450,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

9139 S Commercial Ave
Chicago, IL 60617


HIGHLIGHTS

  • One (1) Retail, Six (6) 2Bd/1Ba Units
  • Gut-Renovation Opportunity
  • Spacious Floor Plans
  • Established Retail Tenant on Attractive Lease

OVERVIEW

Kiser Group is pleased to exclusively present for purchase 9139 S. Commercial Avenue, a seven (7) unit mixed-use building in the South Chicago Neighborhood. The property sits steps away from popular retail businesses and four blocks from Lake Michigan, making it an ideal living situation for tenants. Located a block northwest of the 93rd Street South Chicago Metra Station, the property provides quick and easy transit via public transportation to Chicago's Downtown. 9139 S. Commercial Avenue is comprised of one (1) retail and six (6) 2Bd/1Ba units. The retail component is occupied by a care center for children with autism, which has proven to be a loyal tenant. Above this space are open floor plans that present investors with the opportunity to completely renovate the building to include six (6) updated units. 9139 S. Commercial Avenue presents a potential investor with the opportunity to assume favorable retail rental income from a long-term tenant and completely renovate the floors above, which will create a finished product assuming market rents and great cash flow.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

B1-3

APN/PARCEL ID

26-06-403-018-0000

ASK ABOUT THIS PROPERTY

John GeorgeKiser GroupMore Info
773-293-5056

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John GeorgeKiser GroupMore Info
773-293-5056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.