63 E 43rd St - Storefront FOR SALE


Chicago, IL 60653- Bronzeville
$910,000 USD
312-640-7010
63 E 43rd St, Chicago, IL for Sale
$910,000 USD
Storefront - FOR SALE
1/14
null | 8.1% Cap Rate

63 E 43rd St
Chicago, IL 60653
Bronzeville


HIGHLIGHTS

  • Located in a high traffic location.
  • Mixed used building with 8 store fronts and 1 multi-family unit - Anchored by Alice's Bar B Q Store and available for lease QSR space.
  • Well maintained with capital improvements: Furnaces and Central Air, Roofing, Electrical, Plumbing and Tuckpointing all within the last 5 years!
  • Offers easy access to public transportation, Dan Ryan and LSD!

OVERVIEW

Prime 43rd Street mixed use (8 store front one 2 bedroom unit) property. This is a high traffic location. Property is anchored by neighborhood staple Alice's Bar B Q Store and has another quick service restaurant on the other corner of the building. Other occupied stores include: barber salon, beauty salon with multiple use spaces available for lease. Above the southeast corner QSR unit is a 1200 sqft 2 bedroom apartment. Since 2022, capital improvements include new furnaces throughout, central air in 5 of the units, new baths, plumbing, electric, and tuckpointing! Located 2 blocks from CTA 43rd St. Green Line and new residential development. Two blocks south is the Chicago Urban League headquarters. Don't miss out on this prime property with great possibilities.

FOR SALE DETAILS

PRICE

$910,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

8.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

B3-3

APN/PARCEL ID

20-03-301-013-0000

ASK ABOUT THIS PROPERTY

Brandy BellBaird & WarnerMore Info
312-640-7010

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Brandy BellBaird & WarnerMore Info
312-640-7010

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