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Executive Summary
Exceptional investment potential in this 5,000 sq. ft. commercial building featuring a fully finished basement and bonus apartment upstairs. Perfect for generating extra income or for owner occupancy! The front 1,000 sq .ft. serves as a separate office or open-concept setup, ideal for a professional suite or tenant. The remaining 4,000 sq. ft. offers a versatile open floor plan with reinforced flooring, currently used as a dance studio. Two expansive open areas make this property an excellent choice for office, physical therapy, fitness, daycare, or wellness use, thanks to the layout and durability of the construction. The second-floor apartment offers even more potential. Convert it into a rental unit for added cash flow or use it as an on-site residence, adding flexibility and value to your investment. Located at a signalized intersection on a major thoroughfare between Worth and Chicago Ridge, this property enjoys strong traffic counts and visibility.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1953/2000
Price
$400,000
Price Per SF
$100
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.54
Lot Size
0.17 AC
Zoning
B2 - B2 Neighborhood Commercial
Frontage
62,125’ on 107th & Ridgeland
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-18-404-015-0000 | Improvements Assessment | $29,967 (2025) |
| Land Assessment | $4,495 (2025) | Total Assessment | $34,462 (2025) |
Property Taxes
Parcel Number
24-18-404-015-0000
Land Assessment
$4,495 (2025)
Improvements Assessment
$29,967 (2025)
Total Assessment
$34,462 (2025)
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6401 W 107th St
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