Convenience Store Retail Building with
For Sale
$1,700,000
5132 S Racine Avenue, Chicago, IL 60609
COMMERCIAL - Chicago, IL
Property SizeContact for details
Lot Size0.94 Acres
Days on Market50
Property Features for 5132 S Racine Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
RTAIL
Directions
take racine north or south to address
Subdivision
CHI - New City
Standard status
Active
APN
20083070390000
Lot size
0.94 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
37593
Utilities
Utilities
Water Available
Cooling system
Central Air
Building Details
Year built
1926
Floors in Building
1
Flooring type
Concrete
Building materials
Brick
Roof type
Rubber
Listing Agency:
HomeSmart Realty Group · HomeSmart International
(708) 320-0002
Listed By:
Telly Rayford · License #475164881
(708) 710-3828
Added: Jun 17
Changed: Aug 4
Last Checked: Aug 5 at 3:06PM
MLS# 12670130
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick masonry commercial building is currently operating as a convenience store and is offered as a turnkey business opportunity. The sale includes approximately $370,000 in inventory and approximately $150,000 in equipment, along with a functional operating layout featuring surveillance cameras, multiple workstations, and restroom facilities. The property is designed to support day-to-day retail use with the core back-of-house and customer-facing components in place.
The site is located at 5132 S Racine Avenue in Chicago, Illinois. The property provides approximately 60 outdoor parking spaces, supporting convenient access for customers and employees. The offering consists of one PIN, and the remarks indicate flexibility for continued retail use or future redevelopment permitted under its R2 zoning designation, while the listing’s zoning field is shown as RTAIL.
For buyers looking to operate, this is a working convenience store with established operations of seven years and included assets to help support an immediate start. For owner-users or investors considering reuse, the combination of on-site facilities, existing retail configuration, and parking can be attractive as a retail platform. The property’s ability to remain in retail use or pivot toward redevelopment is positioned as part of the long-term flexibility described in the offering materials.
The site is located at 5132 S Racine Avenue in Chicago, Illinois. The property provides approximately 60 outdoor parking spaces, supporting convenient access for customers and employees. The offering consists of one PIN, and the remarks indicate flexibility for continued retail use or future redevelopment permitted under its R2 zoning designation, while the listing’s zoning field is shown as RTAIL.
For buyers looking to operate, this is a working convenience store with established operations of seven years and included assets to help support an immediate start. For owner-users or investors considering reuse, the combination of on-site facilities, existing retail configuration, and parking can be attractive as a retail platform. The property’s ability to remain in retail use or pivot toward redevelopment is positioned as part of the long-term flexibility described in the offering materials.
Key Highlights
- Commercial property built in 1926 with brick exterior and concrete flooring
- Currently operating as a convenience store; business operation has been running for seven years
- Central air cooling; roof is rubber
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
O'Reilly Auto Parts
Shops & Services
4,429 visits/mo
0.5 miles
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 in brick masonry with outdoor parking, surveillance, workstations, and restrooms—ready for immediate operation.
Where is this grocery and convenience store located?
The property is located at 5132 S Racine Avenue 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: Commercial property built in 1926 with brick exterior and concrete flooring; Currently operating as a convenience store; business operation has been running for seven years; Central air cooling; roof is rubber
