8151 Racine Avenue

    Chicago, IL 60620
    • $399,000
    • STATUS: Active
    • ON SITE: 189 days
    • MLS #: 10168319
    UPDATED: 39 min ago
    $399,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 30,815
      SQFT
    • $13
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1921
    County:

    School Ratings & Info

    Description

    Wonderful opportunity to own a building ripe for customization for your business ideas as owner-occupant; buyer can also manage various commercial tenants to achieve this building's highest and best use. Allowable uses under current zoning, C-2, include: retail sales, hair salon, nail salon, dry cleaning, laundromat, urban farm, animal services, daycare and other similar retail uses. Come with your ideas to maximize this building's best use of space. Building is along a high visibility commercial corridor on Racine Ave with north and southbound passing ADT at 11,800 vehicles per day. Building includes one extra large raw space of 10,500 SF, one large raw space of 6,600 SF, a hand car wash of 6,600 SF and an existing occupied tenant of 6,600 SF, a beauty supply store.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2019-07-17T07:51:12.693 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.spaniakteam.com/homes/90706018

    8151 Racine Avenue Chicago, IL 60620

    • Price: $399,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 10168319
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    30,815
    SQFT
    $13
    $/SQFT
    1921
    Built
    Neighborhood:
    Chi - Auburn Gresham
    County:
    Cook
    Area:
    Chi - Auburn Gresham
    Property Description
    Wonderful opportunity to own a building ripe for customization for your business ideas as owner-occupant; buyer can also manage various commercial tenants to achieve this building's highest and best use. Allowable uses under current zoning, C-2, include: retail sales, hair salon, nail salon, dry cleaning, laundromat, urban farm, animal services, daycare and other similar retail uses. Come with your ideas to maximize this building's best use of space. Building is along a high visibility commercial corridor on Racine Ave with north and southbound passing ADT at 11,800 vehicles per day. Building includes one extra large raw space of 10,500 SF, one large raw space of 6,600 SF, a hand car wash of 6,600 SF and an existing occupied tenant of 6,600 SF, a beauty supply store.
    Exterior Features

    Lot Dimensions 124X249 Lot Sq Ft 30876 Number Of TLDocks 0

    Interior Features

    Air Conditioning Central Air Fire Protection Alarm MonitoredFire Extinguisher/S Number Of Drive In Doors 1 Number Of Stories 1

    Property Features

    Age 36-50 Years Electrical Service Separate Meters Geographic Locale Chicago South Gross Rentable Area 30815 Gross Rental Income Amount 13700 Heat Ventilation Forced Air Max Avail Sq Ft Rentable 30815 Min Avail Sq Ft Rentable 6600 Net Oper Income Amount 12020 Number Of Tenants 1 Property Offered For Sale Only Tax Year 2016 Taxes 30794 Tenant Pays Common Area Maintenance Total Annual Exp 44200 Total Annual Expense Source Owner Projection Total Annual Income 164400 Township South Chicago Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Residential.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2019-07-17T07:51:12.693 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    eXp Realty
    159 N Sangamon St #300
    Chicago IL, 60607