7,990 sq ft
Commercial: Retail/Stores - MLS# 12535619
Tools & Resources:
Description
Investment Opportunity - Fully Leased Corner Retail Asset | Bridgeport / Bronzeville Gateway Well-maintained 7,990 SF mixed-use retail building located at the prominent Bridgeport-Bronzeville gateway, offering strong visibility, steady foot and vehicular traffic, and long-term investment appeal. The property features three retail storefronts on the main level and one second-floor commercial tenant, with approximately 7,600 SF currently leased. Tenancies provide diversified income streams in a high-demand urban corridor. Situated on a corner lot, the building benefits from excellent exposure, brick construction, and a secure, iron-gated private parking area, along with convenient front parking-an increasingly rare amenity in the area. Please do not disturb tenants. All inquiries to be directed through the listing broker.
Features
- Property Type: Commercial
- Sub Type: Retail/Stores
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60616
- Year Built: 1978
- Sq.Ft.: 7,990 sq ft
- Stories: 2
- Units: 4 units
- Zoning: COMMR
- # Of Tenants: 4
- Additional Parcels: Yes
- Building Area Total: 7990
- Cap Rate: 7.2
- Construction Materials: Brick
- Cooling: Central Air, Central Individual, Zoned
- Directions: 35th St. East of I-94 to Corner of Indiana
- Electric: Service - 101 to 200 Amps
- Electric Expense: 99999
- Fire Protection: Fire Extinguisher/s, Hydrants On Site
- Fuel Expense: 99999
- Green Supporting Documents: N
- Gross Income: 219000
- Gross Scheduled Income: 219000
- Heat/Ventilation: Central Heat/Indiv Controls, Forced Air, Gas
- Information: 24-Hr Notice Required, List Broker Must Accompany, Show-Call Listing Office, Highly Confidential
- Insurance Expense: 5000
- Known Encumbrances: None Known
- Leasable Area: 7600
- Leasable Area Units: Square Feet
- Location: Corner, Mixed Use Area
- Lot Size Square Feet: 11600
- Main Type: Commercial Sale
- Min Avail Sq Ft (Rentable): 7600
- Misc Inside: Private Restroom/s, Storage Inside
- Other Expense: 9999
- Outdoor Parking: 31-50 Spaces, Common Parking, Lighted, Open, Unpaved
- Property Offered: For Sale Only
- Roof: Tar/Gravel
- Sewer: Storm Sewer
- Tax Annual Amount: 73803
- Tax Year: 2024
- Tenant Pays: Taxes, Insurance, Repairs, Roof, Sewer, Varies by Tenant
- Total Monthly Income: 18250
- Trash Expense: 1200
- Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
- Water Sewer Expense: 99999
- Water Source: Municipal Water
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