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28 112Th Pl Chicago, IL 60628

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For Sale
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Prime Retail Space, High Traffic Area

Property size:
21,668 SF

Property Features for 28 112Th Pl

General Information

Property type
Individual retail properties
Square Feet
21,668 SF
Class
C

Building Details

Year Built/Renovated
1955/2006
Buildings
2
Stories
1
Units
2

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Listing Contact
Neil Haleem
Neil Haleem

Listing Agency: Network Property Managment LLC Listing Agent: Neil Haleem

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a +/-21,668 square foot, one-story freestanding commercial building situated on a +/-43,237 square foot lot in Chicago, IL. The property, located at 28 E 112th Pl, features two units totaling approximately 21,668 to 24,468 square feet, with the west unit at roughly 9,386 square feet and the east unit at approximately 12,282 square feet. An additional 2,800 square foot freestanding building, currently leased month-to-month to the 9th Ward Aldermanic office, is also included. Built in 1955 and renovated in 2006, the property boasts a B3-2 zoning designation, allowing for diverse uses. The property includes 50 parking spaces within a gated lot. Currently at 11.5% occupancy, this owner/user investment opportunity is priced at $865,000, or $35.35 per square foot. The property's location offers easy access to Interstates 57 & 94, public transportation, and numerous urban amenities, educational institutions, and city attractions. The high daytime traffic and dense population in this area make it an attractive investment for office, retail, or medical uses. This is a gross lease property with no rent bumps and no tenant credit rating.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hr DL Social Service Agency Chicago Mental Health ... Public Health Department TV Star Planet Consultant

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.621904
Latitude
41.6901406

FAQs

What type of property is this?
Individual retail property - Prime Retail Space, High Traffic Area
Where is this individual retail property located?
The property is located at 28 112Th Pl Chicago, IL.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: ±21,668 SF freestanding building on a ±43,237 SF lot in Chicago, IL.; Additional 2,800 SF freestanding building included.; 50-space gated parking lot.
(708) 927-8000 Call to check price and availability
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