319 Jefferson St, Unit 21 Chicago, IL 60661-5616
- Residential income homes
- 6,822 SF
- 0.09 lot acres
Current Use by Public Records
- Dawali Jerusalem Kitchen / Middle Eastern Restaurant
- Medlee Foods / Food Seasoning Manufacturer
Property Details for 319 Jefferson St
- Year built
- 1886
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.09 lot acres
- Property size
- 6,822 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 17-16-119-007
- APU
- 1716119007
Description
This exceptional 2,200 square foot retail space, located at 319 S Jefferson in Cook County, presents a unique investment opportunity. The property is a single-tenant building, currently vacant and ready for immediate occupancy. The main floor offers a spacious 2,200 square foot storefront, ideal for a variety of retail uses. A significant advantage is the inclusion of an additional 2,200 square feet of finished basement space. This lower level is equipped with a hand sink, dry storage area, and a prep sink, making it particularly well-suited for a restaurant or food-related business. The building underwent improvements in 2018, ensuring modern functionality and aesthetics. The property's classification as both retail and restaurant-suitable broadens its appeal to a wider range of potential tenants. Its single-tenant occupancy simplifies management and provides a clear revenue stream. The Cook County location offers excellent access to a diverse customer base and strong local infrastructure. This property represents a compelling opportunity for investors seeking a turnkey retail or restaurant space in a desirable location. The combination of ample square footage, convenient amenities, and recent renovations makes this a highly attractive proposition for discerning buyers. The vacant status allows for immediate customization to suit a tenant's specific needs.
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
- -87.6421
- Latitude
- 41.8774
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA