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

8004-8014 S. Kedzie Avenue
Chicago, IL 60652
Locascio's Liquor · Retail Property For Sale

Investment Highlights

  • First time on the market
  • Revenue streams include a well established liquor store with tremendous upside plus two apartment units
  • Ideal for an owner operator.
  • Business and property opportunity
  • SBA approved for $1,100,000 with only 10% down.

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,398 SF
Building Class
C
Year Built/Renovated
1963/2018
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.47
Lot Size
0.31 AC
Zoning
B1-1 - Business
Parking
20 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
108’ on Kedzie Avenue

Amenities

  • Bus Line
  • Commuter Rail
  • Signage

About 8004-8014 S. KEDZIE AVENUE , CHICAGO, IL 60652

First time on the market! Well established neighborhood liquor store business; uninterrupted operation since 1963. The property consists of a two-story mix use building with two apartments, a retail liquor store, onsite parking for 20 cars and an additional vacant lot for a total of five city lost (.31 acres). In addition to the current business, the right operator has the ability to add value by re-establishing the bar component as well as a potential outdoor beer garden. Located in the 18 Ward which is southeast of Midway Airport, this Ashburn neighborhood is a strong, stable, well-established community.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 19-35-213-022-0000
  • 19-35-213-024-0000
  • 19-35-213-020-0000
  • 19-35-213-021-0000
  • 19-35-213-023-0000
Land Assessment
$27,540
Improvements Assessment
$42,122
Total Assessment
$69,662
  • Listing ID: 25818798

  • Date on Market: 5/31/2022

  • Last Updated:

  • Address: 8004-8014 S. Kedzie Avenue, Chicago, IL 60652

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