773-493-7000
416 E 43rd St, Chicago, IL for Sale
Convenience Store - FOR SALE
1/15
null | Request Cap Rate

Apr '26


416 E 43rd St
Chicago, IL 60653
Bronzeville


HIGHLIGHTS

  • Commercial property located in the historic Bronzeville area, on the main thoroughfare of East 47th Street.
  • 12,000 square feet of usable space; also includes several offices and computer rooms
  • Ample parking comes along with the property.

OVERVIEW

One-story commercial building offering 12,000 square feet of rentable space plus an additional 704 square feet designated for parking. The building is zoned B3-3, allowing various business uses, including large grocery stores, medical centers, restaurants, professional offices, retail shops, banks, and many other types of businesses. It is situated in the revitalizing Bronzeville neighborhood, which features several new residential developments, including townhomes, condominiums, single-family homes, and apartment rentals. The property is located on a main thoroughfare of East 43rd Street, with Cottage Grove a few blocks to the east and King Drive a few blocks to the west. Accessible public transportation includes the bus line on East 43rd Street and the elevated Green Line, located a few blocks to the west. The property is offered for sale at $1.9 million. THE PROPERTY IS ALSO FOR LEASE; NNN lease with a base rent of $17.58 and passthroughs of $3.78 for real estate taxes.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Storefront, Supermarket, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,284 SF

ZONING

B3-3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Suni Karim, CCIM, CMCASK Properties Group, LLCMore Info
773-493-7000

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Suni Karim, CCIM, CMCASK Properties Group, LLCMore Info
773-493-7000

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