Mixed-Use Building in South
For Sale
Contact for pricing
9200 S Commercial Ave, Chicago, IL 60617
Seven retail stores and a 4-story office building.
Property Size48,000 SF
Price / SF$41.67
Days on Market768
Property Features for 9200 S Commercial Ave
General Information
Standard status
Active
Size
48,000 SF
Property subtype
Retail
Occupancy
75%
Investment Type
Value Add
Listing Agency:
Mavrakis Properties
Listed By:
Ted Mavrakis · License #IL
Source:
Crexi
Added: Jul 20, 2024
Changed: Aug 12
Last Checked: Aug 25 at 10:57AM
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 Mavrakis Properties
Investment Insights
Based on property information with market context.
Located in the South Chicago Neighborhood, 9200 S. Commercial Avenue is a mixed-use building featuring seven retail spaces and a 4-story office component. Situated at the corner of 9200 and Commercial Ave., the property benefits from convenient public transportation access to downtown Chicago. The retail component is currently occupied by tenants including a dentist and a day care center. This property presents an opportunity for an investor to assume retail rental income from long-term tenants and renovate the upper floors. The building has been under the same ownership for 20 years and is located four blocks from Lake Michigan. The property size is 48000 square feet.
Key Highlights
- Mixed‑use building featuring retail and office space.
- Seven retail stores with existing tenants including Dentist and Day care center.
- Opportunity to renovate the 4‑story office building.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
960
Businesses Nearby
Explore this area
Business Placement
Demographics for 60617, IL
77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Seven retail stores and a 4-story office building.
Where is this mixed-use property located?
The property is located at 9200 S Commercial Ave Chicago, IL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Mixed‑use building featuring retail and office space.; Seven retail stores with existing tenants including Dentist and Day care center.; Opportunity to renovate the 4‑story office building.
