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2551 S Spaulding Ave
Chicago, IL 60623
Little Village Auto Repair w/ Income (2 Apts) · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Repair
  • General Retail Freestanding
  • General Retail Storefront Retail/Office
Building Class C
Lot Size 0.18 AC
Rentable Building Area 7,771 SF
No. Stories 1
Year Built 1916
Tenancy Single
No. Drive In / Grade-Level Doors 2
Zoning B3-2

AMENITIES

  • Bus Line
  • Signage

ABOUT 2551 S SPAULDING AVE , CHICAGO, IL 60623

Major Price Reduction!!! Great value in this income generating mixed-use building. An auto repair shop occupies the frontage and a 2-unit apartment building in the rear of the property. Long time tenants on month-to-month leases, allowing for an owner user to take over the automobile repair portion of the property. Approximately 7,800 SF of total building in the heart of Little Village. One of the rear units is duplexed, allowing for a potential increase in rent. Located within the heart of the 26th Street Retail Corridor just west of Kedzie Ave. The property sits 50' north of 26th Street with great visibility and access from Spaulding and the alley in the rear. Little Village is a community rich in Latino history and the 26th Street Retail Corridor has long been the 2nd highest revenue generating retail corridor in the City of Chicago, 2nd only to the Magnificent Mile (Michigan Ave). The property features easy access to I-55 & I-290 as well as less than a mile walk to the Kedzie Pink Line Stop.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-26-230-021-0000
Land Assessment
$13,650
Improvements Assessment
$104,975
Total Assessment
$118,625
  • Listing ID: 12505161

  • Date on Market: 5/8/2018

  • Last Updated:

  • Address: 2551 S Spaulding Ave, Chicago, IL 60623

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