This Retail Property is no longer advertised on LoopNet.com.

5114 S Racine Ave
Chicago, IL 60609
Auction:5/22 - 5/24: 5114-5132 South Racine · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
13,000 SF
Building Class
C
Year Built
1927
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.94 AC
Zoning
R2
Parking
60 Spaces (4.62 Spaces per 1,000 SF Leased)

About 5114 S RACINE AVE , CHICAGO, IL 60609

Transaction Fee is 5% of Winning Bid Amount (A minimum of $10,000 will apply) An open house is available on Monday, May 15th from 9:00am - 12:00pm. Please contact the listing broker with questions. Transwestern, in conjunction with is pleased to offer for sale a 12,972-square-foot, free-standing building. The property was most recently occupied by Family Dollar and is currently vacant, providing a value-add opportunity for a buyer. The property is located on a 40,300 SF site and includes 54 parking spaces. The property is located on South Racine Avenue, approximately eight miles southwest of the Chicago central business district. This urban location has strong population density with over 370,000 residents within a three-mile radius. The area surrounding the property is primarily residential, with a scattering of commercial buildings along Racine Avenue. Due to the lack of strong retail in the area, this property is uniquely positioned for a user or a value-add buyer to retenant.

Property Taxes

Property Taxes

Parcel Number
20-08-307-039-0000
Land Assessment
$91,406
Improvements Assessment
$161,697
Total Assessment
$253,103
  • Listing ID: 6746413

  • Date on Market: 4/12/2017

  • Last Updated:

  • Address: 5114 S Racine Ave, Chicago, IL 60609

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