2724 W 51st St - Storefront Retail/Residential FOR SALE


Chicago, IL 60632- Gage Park
$580,000 USD
630-774-8225
2724 W 51st St, Chicago, IL for Sale
$580,000 USD
Storefront Retail/Residential - FOR SALE
1/45
null | Request Cap Rate

2724 W 51st St
Chicago, IL 60632
Gage Park


OVERVIEW

Outstanding mixed-use investment opportunity in Chicago's vibrant Gage Park neighborhood! Located along the busy 51st Street commercial corridor, this versatile property features a high-visibility ground-floor commercial space paired with two residential units above. Benefiting from flexible B3-1 Community Shopping District zoning, the main-level commercial footprint is ideally suited for a storefront retail business, professional office, neighborhood service shop, or medical space. The upper-level apartment units deliver steady supplemental rental income, making this an ideal asset for an owner-operator seeking to run a business on-site or a value-add investor looking for consistent cash flow. Conveniently positioned near Kedzie Avenue, public transit options, and local neighborhood anchor businesses, this high-exposure asset presents excellent long-term upside in an established Chicago corridor.

FOR SALE DETAILS

PRICE

$580,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,183 SF

ZONING

B3-1

APN/PARCEL ID

19-12-218-031-0000

ASK ABOUT THIS PROPERTY

Alexander PartidaRealty Of America, LLCMore Info
630-774-8225

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Alexander PartidaRealty Of America, LLCMore Info
630-774-8225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.