This versatile, single-tenant retail building is perfectly suited for various uses, including a retail store, barbershop, salon, or office space. Situated on bustling 47th Street, a thriving and vibrant retail corridor, the property benefits from high visibility and foot traffic. Located within a Federal Enterprise Zone, it offers valuable incentives such as property tax and transfer tax abatements, sales tax exemptions on building materials and machinery, and taxable income credits. Please note, the business or adjacent lot is not included in the sale.
MLS# | 12215577 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1904 |
Days On Site | 88 |
Listing Provided By | Coldwell Banker Real Estate Group | Rafal Szypcio |
SQ Feet | 1,121 |
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Story(s) | 1 |
Units | 1 |
Zoning | COMMR |
State | IL |
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County | Cook |
City | Chicago |
Zip Code | 60609 |
Area | CHI New City |
Listing VS Median (in 60609) | |
Price: $169,900 low | high Med: $225,000 SqFt: 1,121 low | high Med: 1,180 $ / SqFt: $152 low | high Med: $198 On Site: 88 low | high Med: 83.500000 |