5041 Prairie Ave Chicago, IL 60615
- Retail space
- 7,500 SF
- 0.42 lot acres
Current Use by Public Records
- Meer Painting And Drywall Company / Dry Wall Contractor / Painter
Property Details for 5041 Prairie Ave
- Year built
- 1951
- Lot size
- 0.42 lot acres
- Property size
- 7,500 SF
- Property type
- Retail space
- APN
- 20-10-122-020
- APU
- 2010122020
Description
This exceptional 8,250-square-foot retail building presents a unique investment opportunity in the vibrant South Chicago submarket of Cook County. Situated on a 0.42-acre lot (18,100 square feet), this single-tenant property boasts a convenient location in a bustling business corridor, easily accessible from 51st Street and just half a block from the CTA EL Station. Previously occupied by a Family Dollar, the building offers significant potential for a variety of retail uses. The structure itself features a newer truss roof supported by steel joists, ensuring durability and longevity. Ample parking is available on-site, with capacity for up to 15 vehicles. The property is zoned B3-2, allowing for a range of commercial possibilities. Built in 1951, this freestanding building is currently vacant, providing immediate occupancy for a new tenant. The entire 8,250 square feet is available, offering a substantial space for a business seeking high visibility and convenient access to public transportation and a strong customer base. This property represents a rare chance to acquire a well-located, sizable retail space in a thriving South Chicago neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.619
- Latitude
- 41.8025
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
