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2548 W 59th St 4,900 SF Retail Building Chicago, IL 60629 $699,999 ($142.86/SF)



Investment Highlights
- 200 people capacity
- Ready for any savvy investor!
- Lots of upgrades
Executive Summary
Great opportunity to own this updated commercial Space! Create an elegant atmosphere in this commercial space, bring your ideas!! Currently the building is set up for a restaurant, including tables, chairs & Kitchen equipment, large seating area approx. 200 pp, bar section, 2 large bathrooms w/3pp occupancy each, additionally there are 2 handicap access bathrooms & a large Kitchen. Many updates include- Electricity, Plumbing, Furnace, Heating, A/C, Floorings, Windows, Paint, Speaker system throughout. Roof is approx. 10yrs old. This building is ready for a new owner!! Don't wait make your appointment today!
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,900 SF
Building Class
C
Year Built/Renovated
1924/2025
Price
$699,999
Price Per SF
$142.86
Tenancy
Single
Building Height
1 Story
Building FAR
0.78
Lot Size
0.14 AC
Zoning
B3-1
Frontage
50’ on W 59th St
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-13-224-032-0000 | Total Assessment | $96,001 (2025) |
| Land Assessment | $23,438 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $72,563 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
19-13-224-032-0000
Land Assessment
$23,438 (2025)
Improvements Assessment
$72,563 (2025)
Total Assessment
$96,001 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
2548 W 59th St

