Description
FOR SALE – ‘As is’. This single story commercial building has eight (8) exterior entrances to a space that provides an easily divisible interior. Previously used as a non profit social service agency serving the residents of the Austin community. This property is for Sale. Prime Commercial Opportunity: 4,987 SF. Property Type:* commercial (Retail / Office / Medical / Service) Zoning: B3-2 In Chicago, B3-2 designates a Community Shopping District. The “B3” means the area is zoned for a wide variety of retail, business, and service uses, while the “-2” specifies the density, bulk, and parking rules for the property. B3 Means: Community Shopping District. Permitted Uses: Allows larger stores, shopping centers, and commercial businesses that often serve a wider trade area. It permits more business types than B1 and B2 districts. Unlock unparalleled versatility with this single-story 4,987 sq. ft. commercial building. The building’s defining feature is its flexibility: featuring **8 separate exterior entrance doors**, the interior can be effortlessly divided into up to 8 independent, rentable suites. Divide the space into 2, 4, 6, or 8 separate units based on market demand. Diverse Tenant Mix Opportunity:** Ideal for medical clinics, professional office suites, boutique retail, or local service businesses. provides risk mitigation: Multi-tenant capability allows you to diversify your income streams and drastically reduce vacancy risk. * Single-Story provides accessibility: excellent ADA compliance potential. Location Perk, situated in a high-growth corridor just across the street from the newly renovated CTA’s Green Line Transit station at Austin and Corcoran. **Developer’s Note:** Properties with this level of built-in subdivision potential are rare. Whether you want to occupy a portion and lease the rest, or fully redevelop the interior into a high-yield multi-tenant business park, it is ready for development. To schedule a private walkthrough use Showing Time. For more information, please contact: Listing Agent: Michelle Bolden, United Real Estate Chicago
- Commercial Sale, Other
Property Type
- 4536
Sqft
- 1921
Year Built
Property Documents
Property Overview
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Property ID 12807713
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Price $350,000
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Property Size 4536 Sqft
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Garage Size x x
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Year Built 1921
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Property Status Active
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Property Type Other, Commercial Sale
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