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414-424 E 71st Street - Availability Details

414-424 E 71st Street, Chicago, IL 60619

  • For Sale $449,000
  • City Chicago
  • Neighborhood Park Manor
  • Zip Code 60619
  • Market Chicago
  • Property Type Retail - Street Retail
  • Property Size 4,800 Sqft
  • Lot Size 0.14 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1915
  • Year Renovated 2019
  • Date Updated 15 May, 2021
This 100% occupied 4,800 SF freestanding single story building has three retail units and 148 ft 71st Street frontage. Located in Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Greater Grand Crossing is a middle-market neighborhood in Chicago. Its solid housing stock, easy access to transportation and strong community assets offer sustained value to its residents. Greater Grand Crossing is at a critical time in its history as new developments are emerging every week. Easy access to the Edens Expressway and The Skyway. Nearby intersection has 25,000+ VPD. Zoned B3-1 – Community Shopping District with an FAR of 1.2. Located in the 67th/Wentworth TIF District. The district is intended to foster new residential, commercial and mixed-use development investment opportunities. Exceptional transportation options, including easy access to CTA, Metra, I-94 and the Skyway + Strong presence of local businesses and medical facilities with employment opportunities + City investments in Park District programming and new public library + Close to the South Shore Cultural Center, University of Chicago and the future site of the Barack Obama Presidential Center
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Location

  • City Chicago, IL
  • Neighborhood Park Manor
  • Zip Code 60619
  • Market Chicago

Contacts

broker

Mikus Kins

Be Commercial

(312) 925-8013

Highlights

  • Three Unit Single Story Stand-Alone Retail Building
  • 100% Occupied
  • 12%+ Cap Rate

Contact Listing Broker

broker

Mikus Kins

Be Commercial

(312) 925-8013

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