Brick Convenience Store with
For Sale
Contact for pricing
5114 S Racine Ave, Chicago, IL 60609
Turnkey convenience store and retail building with brick construction, operational work areas, and approximately 60 outdoor parking spaces.
Property Size13,500 SF
Price / SF$125.93
Days on Market56
Property Features for 5114 S Racine Ave
General Information
Standard status
Active
Size
13,500 SF
Total Parking Spaces
60
Property subtype
Retail, Business for Sale
Zoning
R2
Additional Details
Business Included
Yes
Building Details
Year Built
1926
Tenancy
Single
Listing Agency:
Homesmart Realty Group
(708) 320-0002
Listed By:
Telly Rayford · License #475164881
Source:
Crexi
Added: Jun 18
Changed: Aug 8
Last Checked: Aug 11 at 1:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homesmart Realty Group
Investment Insights
Based on property information with market context.
This brick masonry commercial building is currently operating as a convenience store with a turnkey setup. The offering includes approximately $370,000 in inventory and approximately $150,000 in equipment included in the sale, along with an established operating operation that has been in place for seven years. The interior is equipped with surveillance cameras, multiple workstations, and restroom facilities to support day-to-day functionality.
Located at 5114 S Racine Ave in Chicago, IL, the property is positioned along a busy retail corridor. The site provides approximately 60 outdoor parking spaces for customers and employees. The property consists of one PIN and is covered by R2 zoning, which supports continued retail use and may allow future redevelopment consistent with permitted R2 uses.
For owner-users, this is a straightforward path to secure a ready-to-operate convenience retail location. For investors, the property is presented as an income-producing operation with the store components already in place, including equipment and operational work areas. With parking on-site and zoning flexibility for retail continuation or redevelopment, the asset can serve multiple business strategies while remaining grounded in its current operating configuration.
Located at 5114 S Racine Ave in Chicago, IL, the property is positioned along a busy retail corridor. The site provides approximately 60 outdoor parking spaces for customers and employees. The property consists of one PIN and is covered by R2 zoning, which supports continued retail use and may allow future redevelopment consistent with permitted R2 uses.
For owner-users, this is a straightforward path to secure a ready-to-operate convenience retail location. For investors, the property is presented as an income-producing operation with the store components already in place, including equipment and operational work areas. With parking on-site and zoning flexibility for retail continuation or redevelopment, the asset can serve multiple business strategies while remaining grounded in its current operating configuration.
Key Highlights
- Brick commercial building built in 1926, currently operating as a convenience store on Racine Avenue.
- Includes approximate $370,000 in inventory and $150,000 in equipment with the sale.
- Convenience store setup with surveillance cameras, multiple workstations, and restroom facilities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
956
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Similar Off Market Nearby
- Supermercados El Güero — 1701 W 47th St, Chicago, IL 60609
- Fairplay — 4640 S Halsted St, Chicago, IL 60609
- Oni Atare Foods — 4801 S Loomis Blvd, Chicago, IL 60609
- Berkshire Foods Inc — 4550 s packers ave, chicago, il 60609
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Turnkey convenience store and retail building with brick construction, operational work areas, and approximately 60 outdoor parking spaces.
Where is this grocery and convenience store located?
The property is located at 5114 S Racine Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Brick commercial building built in 1926, currently operating as a convenience store on Racine Avenue.; Includes approximate $370,000 in inventory and $150,000 in equipment with the sale.; Convenience store setup with surveillance cameras, multiple workstations, and restroom facilities.
