6054 Prairie Ave Chicago, IL 60637
This 900-square-foot vacant commercial property, located at 6054 S Prairie Ave in Chicago, IL (zip code 60637, Cook County), is a value-add opportunity priced at $175,000 ($194.44/sq ft). Previously operating as a successful catering kitchen and restaurant, this single-story, Class C building (built in 1925, renovated in 2020) offers a turnkey solution for food-service entrepreneurs. The property includes existing restaurant equipment and benefits from a B3-2 zoning permit. Its prime location near the Green Line and Dan Ryan Expressway ensures excellent accessibility. The impending Obama Presidential Center further enhances the property's long-term investment potential. The sale is AS-IS. The property features one unit within a single building and is currently vacant. The APN is 20-15-309-038-0000. This is a unique chance to capitalize on the growth expected in this vibrant Chicago neighborhood.
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Mama Lucy's Catering Take-out & Catering Catering Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.