9139 S Commercial Ave
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9139 S Commercial Ave
6,000 SF 100% Leased Retail Building Chicago, IL 60617 $450,000 ($75/SF)
Investment Highlights
- One (1) Retail, Six (6) 2Bd/1Ba Units
- Spacious Floor Plans
- Gut-Renovation Opportunity
- Established Retail Tenant on Attractive Lease
Executive Summary
Kiser Group is pleased to exclusively present for purchase 9139 S. Commercial Avenue, a seven (7) unit mixed-use building in the South Chicago Neighborhood. The property sits steps away from popular retail businesses and four blocks from Lake Michigan, making it an ideal living situation for tenants. Located a block northwest of the 93rd Street South Chicago Metra Station, the property provides quick and easy transit via public transportation to Chicago's Downtown.
9139 S. Commercial Avenue is comprised of one (1) retail and six (6) 2Bd/1Ba units. The retail component is occupied by a care center for children with autism, which has proven to be a loyal tenant. Above this space are open floor plans that present investors with the opportunity to completely renovate the building to include six (6) updated units.
9139 S. Commercial Avenue presents a potential investor with the opportunity to assume favorable retail rental income from a long-term tenant and completely renovate the floors above, which will create a finished product assuming market rents and great cash flow.
9139 S. Commercial Avenue is comprised of one (1) retail and six (6) 2Bd/1Ba units. The retail component is occupied by a care center for children with autism, which has proven to be a loyal tenant. Above this space are open floor plans that present investors with the opportunity to completely renovate the building to include six (6) updated units.
9139 S. Commercial Avenue presents a potential investor with the opportunity to assume favorable retail rental income from a long-term tenant and completely renovate the floors above, which will create a finished product assuming market rents and great cash flow.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,000 SF
Building Class
C
Year Built/Renovated
1940/2019
Price
$450,000
Price Per SF
$75
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.92
Land Acres
0.15 AC
Zoning
B1-3 - Shopping centers, large stores, and retail storefronts, often along major streets
Frontage
246 FT on South Commercial Avenue
Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 26-06-403-018-0000 | Improvements Assessment | $130,426 |
| Land Assessment | $10,175 | Total Assessment | $140,601 |
PROPERTY TAXES
Parcel Number
26-06-403-018-0000
Land Assessment
$10,175
Improvements Assessment
$130,426
Total Assessment
$140,601
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John George -
Joe Bianchi -
Kiser Group
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9139 S Commercial Ave
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