418 E 43rd Street,Chicago, IL 60653
Chicago, IL 60653
Description
One-story commercial building offering 12,000 square feet of rentable space plus an additional 704 square feet designated for parking. The building is zoned B3-3, allowing various business uses, including large grocery stores, medical centers, restaurants, professional offices, retail shops, banks, and many other types of businesses. It is located in the revitalizing Bronzeville neighborhood, which features several new residential developments, such as townhomes, condominiums, single-family homes, and apartment rentals. The property sits on a main thoroughfare of East 43rd Street, with Cottage Grove a few blocks to the east and King Drive a few blocks to the west. Accessible public transportation includes the bus line on East 43rd Street and the elevated Green Line, located a few blocks to the west. This is a NNN lease with a base rent of $17.58 and passthroughs of $3.78 for real estate taxes. The property is also being offered for sale at $1.9 million.
Details
| MLS # | 12554969 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 211 |
| Listing Provided By | SK Properties Group, LLC | Suni Karim |
Features
| SQ Feet | 12,000 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | COMMR |
Interior
| Cooling | Central Air |
|---|
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 46064 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60653 |
| Area | CHI Grand Boulevard |
| Listing VS Median (in 60653) | |
Price: $1,900,000 low | high Med: $320,000 sqft: 12,000 low | high Med: 1,490 $ / sqft: $158 low | high Med: $215 On site: 211 low | high Med: 43 | |
Market Activity 60653
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60653 |
| Area | CHI Grand Boulevard |
| Listing VS Median (in 60653) | |
Price: $1,900,000 low | high Med: $320,000 sqft: 12,000 low | high Med: 1,490 $ / sqft: $158 low | high Med: $215 On site: 211 low | high Med: 43 | |