28 E 112th Pl 24,468 SF 11% Leased Retail Building Chicago, IL 60628 $865,000 ($35.35/SF)
EXECUTIVE SUMMARY
+/-21, 668 sf One story Free Standing Commercial Building on a +/-40,237sf site. Versatile building with a B3-2 Zoning that will allow for a variety of uses. Building is currently demised into 2 units. The west end unit is approximaely 9, 386sf, the east unit is approximately 12,282sf. Also included is the 2,800sf freestanding building that is currently leased on a month to month basis to the 9th Ward Aldermanic office.
The area surrounding 112th Pl & State St in Chicago, IL, offers a prime investment opportunity for Office / Retail or Medical uses. Within a 3-mile radius, the location provides access to urban amenities, nearby public transportation and educational institutions. Prospective investors will appreciate the area's proximity to many city attractions. It's a compelling location for those seeking to capitalize on the vibrant Chicago market. The area is densely populated and has high day time traffic. Close proximity to Interstates 57 & 94.
The area surrounding 112th Pl & State St in Chicago, IL, offers a prime investment opportunity for Office / Retail or Medical uses. Within a 3-mile radius, the location provides access to urban amenities, nearby public transportation and educational institutions. Prospective investors will appreciate the area's proximity to many city attractions. It's a compelling location for those seeking to capitalize on the vibrant Chicago market. The area is densely populated and has high day time traffic. Close proximity to Interstates 57 & 94.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
24,468 SF
Building Class
C
Year Built
1952
Price
$865,000
Price Per SF
$35.35
Percent Leased
11%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.60
Lot Size
0.93 AC
Opportunity Zone
Yes
Zoning
B3-2 - Community Shopping District
Parking
30 Spaces (1.23 Spaces per 1,000 SF Leased)
Frontage
300’ on 112th PL
AMENITIES
- Corner Lot
- Fenced Lot
- Wheelchair Accessible
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
10,000 SF retail space available in 21,668 SF free-standing building, located at the intersection of 112th Place and S. State Street in Chicago's neighborhood of Roseland.
11,668 SF retail space available in 21,668 SF free-standing building, located at the intersection of 112th Place and S. State Street in Chicago's neighborhood of Roseland.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 10,000 SF | Retail | In-Line | Now |
| 1st Floor | 11,668 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 10,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size |
| 11,668 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $157,553 | |
| Land Assessment | $75,485 | Total Assessment | $233,038 |
