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  • Price$545,000
  • Built1915

414 East 71st Street, Chicago

Prime commercial corner property successfully run as a neighborhood street level retail center with longtime laundromat, nail salon and beauty supply tenants. This 4,800 SF freestanding three unit building produces an 11.6% current cap rate and has 148 ft 71st Street frontage. The building is 100% occupied and each tenant just signed new three or five year leases. Located in Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Easy access to the Edens Expressway and The Skyway. Nearby intersection has 25,000+ VPD. Zoned B3-1 - Community Shopping District. Located in the 67th/Wentworth TIF District and in a Neighborhood Opportunity Grant district.

Essential Information

  • MLS® #12002638
  • Price$545,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1915
  • TypeCommercial Sale
  • Sub-TypeRetail/Stores
  • StatusActive
  • Taxes$12,704

Interior

  • CoolingCentral Air

Listing Details

  • Listing OfficeBe Realty, Llc

Community Information

  • Address414 East 71st Street
  • AreaCHI - Greater Grand Crossing
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60619

Additional Information

  • Days on Market54
  • ZoningCOMMR

Price Change History for 414 East 71st Street, Chicago, IL (MLS® #12002638)

Date Details Price Change
Active
Price Change
Price Reduced (from $550,000) $545,000 $5,000 ( 0.91% )
Active (from New)
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on May 4th, 2024 at 9:23am CDT.