414 E 71st Street, Chicago, IL 60619

  • $545,000
  • $550,000
414 E 71st Street, Chicago, IL 60619
  • Commercial Sale
  • Property Type
  • 1915
  • Year Built
For Sale
414 E 71st Street, Chicago, IL 60619
  • $545,000
  • $550,000

Overview

Property ID: 17823777
  • Commercial Sale
  • Property Type
  • 1915
  • Year Built

Description

Prime commercial corner property successfully run as a neighborhood street level retail center with longtime laundromat, nail salon and beauty supply tenants. This 4,800 SF freestanding three unit building produces an 11.6% current cap rate and has 148 ft 71st Street frontage. The building is 100% occupied and each tenant just signed new three or five year leases. Located in Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Easy access to the Edens Expressway and The Skyway. Nearby intersection has 25,000+ VPD. Zoned B3-1 – Community Shopping District. Located in the 67th/Wentworth TIF District and in a Neighborhood Opportunity Grant district.

  • Address 414 E 71st Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60619
  • Country United States

Details

Updated on August 21, 2024 at 1:06 am
  • Property ID: 17823777
  • Price: $545,000
  • Year Built: 1915
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 4800
  • MLS#: MRD12002638
  • Office Name: BE REALTY, LLC
  • Agent Name: Mikus Kins
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD85337
  • List Agent MLSID: MRD876881
  • List Date: 2024-03-12T21:23:22.000Z
  • Cooling: Central Air
  • Tax Annual: 12704
  • Tax Year: 2022
  • County: Cook
  • Property SubType: Free Standing Store,Neighborhood Storefront,Shopping Center,Strip Center

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