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$ 1,900,000
Est. payment | /mo
12,000 SqFt
$ 1,900,000
Est. payment | /mo
12,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $158
MLS Listing ID 12554969
Year Built 1942
Annual Tax Amount $46,064
Tax Year 2023
Lot Dimensions 110X110
Property Sub-Type Retail/Stores
Property Description
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 located in the revitalizing Bronzeville neighborhood, which features several new residential developments, such as townhomes, condominiums, single-family homes, and apartment rentals. The property sits 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. This is a NNN lease with a base rent of $17.58 and passthroughs of $3.78 for real estate taxes. The property is also being offered for sale at $1.9 million.
Location
State IL
County Cook
Area Chi - Grand Boulevard
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Suni Karim of SK Properties Group, LLC
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