5114 S Racine Ave, Chicago, IL 60609

Building Details

Year Built

1926

Listing office Homesmart Realty Group t***@gmail.com Show Phone

Listing date Jun 18, 2026

Source Crexi

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

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Similar Places 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

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.655389

Latitude

41.8008215

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FAQs

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.