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1st Floor - Unit 3614
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Retail
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2,500 SF
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$499,000 USD
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Unit Size: 2,500 SF
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Condo Use: Retail
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Price: $499,000 USD
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Sale Type: Investment
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Price/SF: $199.60 USD
Description
This fully leased retail property in Chicago’s Humboldt Park neighborhood offers a rare opportunity to acquire a stabilized asset with in-place income and long-term upside. The property consists of approximately 8,880 SF of street-level retail space across four contiguous storefronts, currently occupied by established neighborhood tenants. Each unit features a flat roof, approximately 9’4” ceiling height, and a concrete slab foundation. The property includes 12 private fenced parking spaces in the rear, supporting both tenant operations and customer convenience.
Located in a central business district with mixed-use zoning (B3-1), the site benefits from strong visibility along Division Street and proximity to major transit routes. All leases are month-to-month, providing flexibility for future repositioning or redevelopment. Tenants pay separate utilities, reducing ownership expenses. Offered as a single package, this property is well-suited for investors seeking stable cash flow with potential for value-add strategies.
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1st Floor - Unit 3620
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Retail
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2,500 SF
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$499,000 USD
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Unit Size: 2,500 SF
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Condo Use: Retail
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Price: $499,000 USD
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Sale Type: Investment
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Price/SF: $199.60 USD
Description
This fully leased retail property in Chicago’s Humboldt Park neighborhood offers a rare opportunity to acquire a stabilized asset with in-place income and long-term upside. The property consists of approximately 8,880 SF of street-level retail space across four contiguous storefronts, currently occupied by established neighborhood tenants. Each unit features a flat roof, approximately 9’4” ceiling height, and a concrete slab foundation. The property includes 12 private fenced parking spaces in the rear, supporting both tenant operations and customer convenience.
Located in a central business district with mixed-use zoning (B3-1), the site benefits from strong visibility along Division Street and proximity to major transit routes. All leases are month-to-month, providing flexibility for future repositioning or redevelopment. Tenants pay separate utilities, reducing ownership expenses. Offered as a single package, this property is well-suited for investors seeking stable cash flow with potential for value-add strategies.
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Israel Fuentes
RE/MAX Commercial
