414 71st Chicago, IL 60619, Chicago , 60619
Listing ID: MRD12002638
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$545,000
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Built: 1915
Listed: 6 months ago
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Property Description

Prime commercial corner property successfully run as a neighborhood street level retail center with longtime laundromat, nail salon and beauty supply tenants. This 4,800 SF freestanding three unit building produces an 11.6% current cap rate and has 148 ft 71st Street frontage. The building is 100% occupied and each tenant just signed new three or five year leases. Located in Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Easy access to the Edens Expressway and The Skyway. Nearby intersection has 25,000+ VPD. Zoned B3-1 - Community Shopping District. Located in the 67th/Wentworth TIF District and in a Neighborhood Opportunity Grant district.

Other located at 414 71st Chicago, IL 60619. The property was built in 1915. 414 71st Chicago, IL 60619 is in the CHI - Greater Grand Crossing neighborhood. CHI - Forest Glen , CHI - Avondale , and CHI - West Englewood are nearby neighbourhoods.
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Listed by: Be Realty, LLC
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MK
Mikus Kins

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Mikus Kins
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment