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525 W 119th St 700 SF Retail Building Chicago, IL 60628 $139,000 ($198.57/SF)
Investment Highlights
- SEC of 119th & Parnell
- Free Standing Building
Executive Summary
For Sale-- Vacant 700sf free standing commercial building positioned on a on a 5,250sf corner lot at the intersection of 119th & Parnell. The property offers
flexibility for operators looking to establish or expand in a dense residential and commuter corridor.
With strong traffic counts, excellent street exposure, this property is perfectly suited for fast food, coffee, small retail, or service-based
concepts. The site layout also provides potential for a drive-thru and is located in a TIF district.
flexibility for operators looking to establish or expand in a dense residential and commuter corridor.
With strong traffic counts, excellent street exposure, this property is perfectly suited for fast food, coffee, small retail, or service-based
concepts. The site layout also provides potential for a drive-thru and is located in a TIF district.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
700 SF
Building Class
C
Year Built/Renovated
1955/2022
Price
$139,000
Price Per SF
$198.57
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.14 AC
Zoning
B1-1 - Business Commercial District
Parking
7 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $10,378 | |
| Land Assessment | $13,622 | Total Assessment | $24,000 |
Property Taxes
Parcel Numbers
Land Assessment
$13,622
Improvements Assessment
$10,378
Total Assessment
$24,000
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525 W 119th St
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