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414 E 71st Street

Chicago, IL 60619
  • $449,000
  • STATUS: Active
  • ON SITE: 471 Days
  • MLS #: 10771671
UPDATED: 51 min ago
$449,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,800
    SQFT
  • $94
    $/SQFT
Type:
Commercial
Built:
1915
County:

School Ratings & Info

Description

Prime commercial corner property successfully run as a neighborhood street level retail center with longtime laundromat and nail salon tenants. This 4,800 SF freestanding three unit building has 148 ft 71st Street frontage. Building is 69% occupied and third unit has just been rehabbed and is ready for vanilla box delivery. The building is available as a portfolio sale with the adjacent building located at 400 E 71st. Here is an opportunity to own the entire block on 71st Street between King Drive and Vernon Ave. . 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. The district is intended to foster new residential, commercial and mixed-use development investment opportunities.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-21T22:01:09.09 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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414 E 71st Street Chicago, IL 60619

  • Price: $449,000
  • Status: Active
  • Updated: 51 min ago
  • MLS #: 10771671
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,800
SQFT
$94
$/SQFT
1915
Built
Neighborhood:
Chi - Greater Grand Crossing
County:
Cook
Area:
Chi - Greater Grand Crossing
Property Description
Prime commercial corner property successfully run as a neighborhood street level retail center with longtime laundromat and nail salon tenants. This 4,800 SF freestanding three unit building has 148 ft 71st Street frontage. Building is 69% occupied and third unit has just been rehabbed and is ready for vanilla box delivery. The building is available as a portfolio sale with the adjacent building located at 400 E 71st. Here is an opportunity to own the entire block on 71st Street between King Drive and Vernon Ave. . 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. The district is intended to foster new residential, commercial and mixed-use development investment opportunities.
Interior Features

Cooling Central Air Heat Ventilation Forced Air Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 4800 Electric 101-200 Amps Fire Protection None Leasable Area 4800 Net Operating Income 65000 Number Of Tenants 3 Property Offered For Sale Only Tax Annual Amount 15080 Tax Year 2018 Tenant Pays Air ConditioningElectricityHeatScavengerSewerVaries By Tenant Type Retail/Stores Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Be Realty, Llc.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-21T22:01:09.09 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822