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Yates Boulevard Shops 2400-2418 E 75th St 21,131 SF 65% Leased Retail Building Chicago, IL 60649 $1,250,000 ($59.15/SF)
Investment Highlights
- Located at a signalized intersection with frontage on E 75th Street.
- Comprehensive building renovation completed in 2010.
- Adjacent vacant lot at 7447 S Yates Blvd included with the offering.
- Mixed-use retail and residential asset with multiple tenancy components.
- Commercial laundromat and associated FF&E included in the sale.
- Opportunity Zone location with potential benefits for qualifying investors.
Executive Summary
Seller financing available to qualified buyers. Sold "as is". Sale includes all FF&E in the laundromat and adjacent vacant lot at 7447 South Yates Blvd.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
21,131 SF
Building Class
C
Year Built
1927
Price
$1,250,000
Price Per SF
$59.15
Percent Leased
65%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.52
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
B3-2 - Community Shopping District
Frontage
Amenities
- Signalized Intersection
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-30-115-011-0000 | Improvements Assessment | $72,067 |
| Land Assessment | $13,862 | Total Assessment | $85,929 |
Property Taxes
Parcel Number
21-30-115-011-0000
Land Assessment
$13,862
Improvements Assessment
$72,067
Total Assessment
$85,929
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Yates Boulevard Shops | 2400-2418 E 75th St