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Mixed-Use Building in South Chicago

9200 S Commercial Ave Chicago, IL 60617

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Seven retail stores and a 4-story office building.

Type:Retail
Property size:
48,000 SF
Price / SF:
$41/SF
Added:
Jul 20, 2024
Days on Market:
723
Last Refresh:
May 12 at 10:29 pm

Property Features for 9200 S Commercial Ave

General Information

Standard status
Active
Size
48,000 SF
Property subtype
Retail

Listing office Mavrakis Properties

Listing date Jul 20, 2024

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 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 Location Intelligence

Current Use by Public Records

Acceptance Insurance Insurance Agency Premium Health Medical Clinic US Bank Mortgage Loan Service US Bank ATM Atm U.S. Bank-Mortgage Loan ... Loan Service

Suggested Use

Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store Spa & Massage Center Pharmacy HVAC Service Gym & Fitness Center Skin Care Clinic

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

FAQs

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.
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