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28 E 112th Pl 24,468 SF 11% Leased Retail Building Chicago, IL 60628 $865,000 ($35.35/SF)

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EXECUTIVE SUMMARY

+/-21, 668 sf One story Free Standing Commercial Building on a +/-40,237sf site. Versatile building with a B3-2 Zoning that will allow for a variety of uses. Building is currently demised into 2 units. The west end unit is approximaely 9, 386sf, the east unit is approximately 12,282sf. Also included is the 2,800sf freestanding building that is currently leased on a month to month basis to the 9th Ward Aldermanic office.
The area surrounding 112th Pl & State St in Chicago, IL, offers a prime investment opportunity for Office / Retail or Medical uses. Within a 3-mile radius, the location provides access to urban amenities, nearby public transportation and educational institutions. Prospective investors will appreciate the area's proximity to many city attractions. It's a compelling location for those seeking to capitalize on the vibrant Chicago market. The area is densely populated and has high day time traffic. Close proximity to Interstates 57 & 94.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,468 SF
Building Class
C
Year Built
1952
Price
$865,000
Price Per SF
$35.35
Percent Leased
11%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.60
Lot Size
0.93 AC
Opportunity Zone
Yes
Zoning
B3-2 - Community Shopping District
Parking
30 Spaces (1.23 Spaces per 1,000 SF Leased)
Frontage
300’ on 112th PL

AMENITIES

  • Corner Lot
  • Fenced Lot
  • Wheelchair Accessible

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 10,000 SF
  • Retail
  • In-Line
  • Now

10,000 SF retail space available in 21,668 SF free-standing building, located at the intersection of 112th Place and S. State Street in Chicago's neighborhood of Roseland.

  • 1st Floor
  • 11,668 SF
  • Retail
  • In-Line
  • Now

11,668 SF retail space available in 21,668 SF free-standing building, located at the intersection of 112th Place and S. State Street in Chicago's neighborhood of Roseland.

Space Size Space Use Position Available
1st Floor 10,000 SF Retail In-Line Now
1st Floor 11,668 SF Retail In-Line Now

1st Floor

Size
10,000 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size
11,668 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 10,000 SF
Space Use Retail
Position In-Line
Available Now

10,000 SF retail space available in 21,668 SF free-standing building, located at the intersection of 112th Place and S. State Street in Chicago's neighborhood of Roseland.

1st Floor

Size 11,668 SF
Space Use Retail
Position In-Line
Available Now

11,668 SF retail space available in 21,668 SF free-standing building, located at the intersection of 112th Place and S. State Street in Chicago's neighborhood of Roseland.

Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 25-22-105-037-0000
  • 25-22-105-019-0000
  • 25-22-105-018-0000
Land Assessment
$73,625
Improvements Assessment
$149,313
Total Assessment
$222,938
  • Listing ID: 14617262

  • Date on Market: 12/12/2018

  • Last Updated:

  • Address: 28 E 112th Pl, Chicago, IL 60628

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