Description
Located in the heart of Chicago's vibrant West Town corridor, this income-producing, single-story brick commercial building offers a prime opportunity for both investors and owner-users. Built solidly with approximately 934 square feet of interior space and a 9-foot ceiling height, the property features a new roof installed in 2024, a two-car garage for parking or storage, and a flexible B3-2 zoning designation that accommodates a range of commercial uses. The building is currently leased to Takie Outit (Alpha Dynasty, LLC) through August 2026 (with the tenant paying all utilities). The landlord covers taxes, insurance, and structural responsibilities, providing stable and predictable ownership. Recent operating expenses available upon request. The property is serviced by City of Chicago water, ComEd electric, and Peoples Gas, with no known liens, violations, or environmental issues. Not located in a TIF or Opportunity Zone, this property offers dependable cash flow with long-term upside in one of Chicago's most dynamic neighborhoods.
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School Ratings & Info
Description
Located in the heart of Chicago's vibrant West Town corridor, this income-producing, single-story brick commercial building offers a prime opportunity for both investors and owner-users. Built solidly with approximately 934 square feet of interior space and a 9-foot ceiling height, the property features a new roof installed in 2024, a two-car garage for parking or storage, and a flexible B3-2 zoning designation that accommodates a range of commercial uses. The building is currently leased to Takie Outit (Alpha Dynasty, LLC) through August 2026 (with the tenant paying all utilities). The landlord covers taxes, insurance, and structural responsibilities, providing stable and predictable ownership. Recent operating expenses available upon request. The property is serviced by City of Chicago water, ComEd electric, and Peoples Gas, with no known liens, violations, or environmental issues. Not located in a TIF or Opportunity Zone, this property offers dependable cash flow with long-term upside in one of Chicago's most dynamic neighborhoods.
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