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351 S Cicero Ave 9,737 SF 100% Leased Retail Building Chicago, IL 60644 $550,000 ($56.49/SF)
Investment Highlights
- Property is fully occupied.
- Close to public transportation.
Executive Summary
Nestled in the heart of Chicago's vibrant Westside, this well-maintained mixed-use building offers a perfect blend of commercial and residential opportunities. The property features three street-level storefronts, each with large display windows, ample foot traffic, and flexible layouts suitable for retail, office, or service-based businesses. Above, you'll find four fully tenant-occupied apartments, including 2bd/1bth units. Prime corner lot with excellent visibility in a bustling neighborhood with three versatile storefronts with separate entrances and updated interiors; it also features four spacious apartments, each featuring modern kitchens, hardwood flooring, and abundant natural light, 100 percent tenant-occupied, providing a steady income stream. Secure building with intercom entry and ample parking in a gated lot. This property is ideal for investors looking for a turnkey opportunity in a thriving area or business owners seeking a combination of personal and investment use. Schedule your showing today!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,737 SF
Building Class
C
Year Built/Renovated
2011/2019
Price
$550,000
Price Per SF
$56.49
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.72
Lot Size
0.13 AC
Zoning
B3-2 - Community Shopping District
Walk Score®
Very Walkable (74)
Transit Score®
Excellent Transit (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-15-116-004-0000 | Improvements Assessment | $90,542 |
| Land Assessment | $7,458 | Total Assessment | $98,000 |
Property Taxes
Parcel Number
16-15-116-004-0000
Land Assessment
$7,458
Improvements Assessment
$90,542
Total Assessment
$98,000
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OwnYourOwn Realty
351 S Cicero Ave
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