2030-2044 East 71st StreetChicago, IL 60649Sale Price: $550,000

  • Sale Price: $550,000
  • 221 Days Since Sale
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Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 8,500Square Feet
  • 1931Year Built

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Value add 8,900sf building consists of 4 store fronts. West end unit (2030) is +/-3,000sf , Inline Unit (2032) is +/- 2900sf, Inline Unit (2042)is +/- 1,000sf and the east end unit (2044) is approximately 2,000sf. The property is located in a major shopping/business corridor along 71st St. in Chicago's South Shore Community. The site is directly across the street from a large shopping center anchored by Local Market Shop & Save Supermarket and several other regional and national businesses. Highly visible location at the northeast corner of 71st & Chappel. Until recently the building was 100% leased. Currently vacant. Fully leased this property could generate Around $105,000 NOI based on $12psf nnn.

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Listed by Neil Haleem of Network Property Managment LLC

Listing Sold by Network Property Managment LLC

Based on information submitted to MRED  as of June 23, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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