Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

416 E 43rd St 12,000 SF 100% Leased Retail Building Chicago, IL 60653 For Sale

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Commercial property located in the historic Bronzeville area, on the main thoroughfare of East 47th Street.
  • Ample parking comes along with the property.
  • 12,000 square feet of usable space; also includes several offices and computer rooms

Executive Summary

One-story commercial building offering 12,000 square feet of rentable space plus an additional 704 square feet designated for parking. The building is zoned B3-3, allowing various business uses, including large grocery stores, medical centers, restaurants, professional offices, retail shops, banks, and many other types of businesses. It is situated in the revitalizing Bronzeville neighborhood, which features several new residential developments, including townhomes, condominiums, single-family homes, and apartment rentals. The property is located on a main thoroughfare of East 43rd Street, with Cottage Grove a few blocks to the east and King Drive a few blocks to the west. Accessible public transportation includes the bus line on East 43rd Street and the elevated Green Line, located a few blocks to the west. The property is offered for sale at $1.9 million. THE PROPERTY IS ALSO FOR LEASE; NNN lease with a base rent of $17.58 and passthroughs of $3.78 for real estate taxes.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
12,000 SF
Building Class
C
Year Built
1942
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.98
Lot Size
0.28 AC
Zoning
B3-3 - Zoned B3-3; will accomadate many commercial & business uses.

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 12,000 SF
  • Retail
  • -
  • Mar 2026

? One-story commercial building offering 12,000 square feet of rentable space plus an extra 704 square feet dedicated to parking (approximately 30 spaces). ? The building is zoned B3-3, which permits several business uses, including large grocery stores, medical centers, restaurants, professional offices, retail stores, banks, and many other types of businesses. ? The space is situated in the revitalizing Bronzeville neighborhood, which features several new residential projects, including townhomes, condominiums, single-family houses, and apartment rentals. ? The property is located on a main thoroughfare of East 43rd Street, with Cottage Grove a few blocks to the east and King Drive a few blocks to the west. ? Accessible public transportation includes the bus line on East 43rd Street and the elevated Green Line, located a few blocks to the west.

Space Size Space Use Position Available
1st Floor 12,000 SF Retail - Mar 2026

1st Floor

Size
12,000 SF
Space Use
Retail
Position
-
Available
Mar 2026

1st Floor

Size 12,000 SF
Space Use Retail
Position -
Available Mar 2026

? One-story commercial building offering 12,000 square feet of rentable space plus an extra 704 square feet dedicated to parking (approximately 30 spaces). ? The building is zoned B3-3, which permits several business uses, including large grocery stores, medical centers, restaurants, professional offices, retail stores, banks, and many other types of businesses. ? The space is situated in the revitalizing Bronzeville neighborhood, which features several new residential projects, including townhomes, condominiums, single-family houses, and apartment rentals. ? The property is located on a main thoroughfare of East 43rd Street, with Cottage Grove a few blocks to the east and King Drive a few blocks to the west. ? Accessible public transportation includes the bus line on East 43rd Street and the elevated Green Line, located a few blocks to the west.

Walk Score®
Very Walkable (79)
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.®

Nearby Major Retailers

Harold's Chicken
BMO
CIBC
Mariano's
Starbucks
CrossFit
The YMCA
United Rentals-equipment & Tool Rentals
Jazzercise
Chase Bank

Property Taxes

Property Taxes

Parcel Number
20-03-222-036-0000
Land Assessment
$76,875
Improvements Assessment
$131,004
Total Assessment
$207,879
  • Listing ID: 39214842

  • Date on Market: 1/26/2026

  • Last Updated:

  • Address: 416 E 43rd St, Chicago, IL 60653

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}