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- LoopNet Team
2551 S Spaulding Ave
Chicago, IL 60623
Little Village Auto Repair w/ Income (2 Apts) · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Year Built | 1916 | |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.18 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 7,771 SF | ||
| Zoning | B3-2 | ||
| Property Type | Industrial |
| Property Subtype | |
| 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
| Parcel Number | 16-26-230-021-0000 | Improvements Assessment | $104,975 |
| Land Assessment | $13,650 | Total Assessment | $118,625 |
PROPERTY TAXES
