6310 Grand Ave Chicago, IL 60639-2616
Property summary
This exceptional mixed-use property, located at 6310 W Grand Ave, Chicago, IL 60639, presents a compelling investment opportunity. The 21,000-23,000 square foot building, constructed in 1956 and renovated in 2016, sits on a 24,000 square foot lot and boasts a 9% cap rate. Currently configured for multiple uses including grocery, quick-service restaurant, and storefront retail, this single-unit, Class B property offers significant redevelopment potential. The property features four dock-high doors, 25 parking spaces, and a 20-foot ceiling height. The B-2-3 zoning allows for a variety of uses. Recent upgrades include a new boiler, electrical system, plumbing, and tuckpointing. The property's strategic location near Riis Park and the Brickyard Mall, with over 25,000 vehicles passing daily, ensures high visibility and accessibility. The asking price is $1,495,000. While currently leased for a short term, the property is ideally suited for owner-users seeking a versatile space or developers envisioning future expansion. All information should be independently verified.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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