7100 Morgan St - Storefront FOR SALE


Chicago, IL 60621- Englewood
$199,900 USD
630-774-8225
7100 Morgan St, Chicago, IL for Sale
$199,900 USD
Storefront - FOR SALE
1/29
null | Request Cap Rate

7100 Morgan St
Chicago, IL 60621
Englewood


OVERVIEW

ATTENTION INVESTORS, ENTREPRENEURS & VISIONARIES! Bring your ideas and unlock the potential of 7100 S Morgan Street. This value-add commercial property is currently divided into three separate retail/commercial spaces, creating an exciting opportunity for an investor or owner-user looking to build equity and create future cash flow. The property needs substantial renovation and improvement, but important work has already been started. Recent upgrades include a newly installed structural beam, tuckpointing, and additional improvements, giving the next owner a head start on bringing their vision to life. The existing three-space configuration provides tremendous flexibility. Renovate and lease the individual spaces for multiple potential income streams, occupy one while leasing the others, or explore a larger redevelopment concept. This is the type of property where the right improvements can make the difference. Whether your vision includes neighborhood retail, service-based businesses, office space, studios, the flexibility of three individual spaces opens the door to numerous possibilities. Three spaces. Multiple potential income streams. One value-add opportunity. Bring your contractor, your ideas, and your vision to see the possibilities this property has to offer!

FOR SALE DETAILS

PRICE

$199,900 USD

PRICE/SF

$58 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,250 SF

ZONING

B1-1

APN/PARCEL ID

20-29-203-019-0000

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.