Property summary
This exceptional 2,680-square-foot retail space at 70 East Pershing Road in Chicago's vibrant Bronzeville neighborhood presents a unique investment opportunity. Built in 2018 and extensively renovated in 2023, this single-tenant property offers a modern and move-in ready environment. The space is currently entirely vacant, providing flexibility for a wide range of businesses. Located in a rapidly revitalizing area, the property benefits from high foot traffic and proximity to public transportation—just one block away. The generous C1-3 zoning allows for diverse commercial uses. This location offers significant advantages over comparable spaces in other areas, such as Hyde Park, at a significantly lower cost. The property's excellent property management ensures a smooth and efficient operation. With its modern amenities, prime location, and attractive price point, this space is ideal for businesses seeking a thriving and accessible location in a rapidly growing Chicago neighborhood. The building's total square footage is 2,680 square feet, all of which is currently available for lease. Cook County location and a 60653 zip code.
Property profile
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop
Location
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
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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