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Listed by Donald Robinsonof Coldwell Banker Realty
$ 275,000
Est. payment | /mo
17,206 SqFt
$ 275,000
Est. payment | /mo
17,206 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 17,206 sqft
Price per Sqft $15
MLS Listing ID 12484062
Year Built 1953
Annual Tax Amount $125,248
Tax Year 2024
Lot Dimensions 3.26
Property Sub-Type Retail/Stores
Property Description
**Massive Price Reduction** on this large 7-unit Commercial Space situated in a high traffic area with more than 3 (three) Acres that can be used for expansion. Many long-term tenants include Harold's Chicken, a Cell phone store and Hair businesses. The property offers 40 parking spaces, central air and great exposure for tenants. Savvy investors with vision will see the opportunities of this nicely situated high-traffic commercial space whether breaking ground on a new mixed-use development, adding an RV Park, storage, restaurants, and much more. This property offers a 15 proforma cap rate before improvements with plenty of room to grow!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air, Zoned
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
View Y/N true
Building
Water Municipal Water
Structure Type Brick,Glass
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676 N Michigan Ave. Ste 3010, Chicago, IL, 60611, United States