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9444 S Lafayette Ave

5,100 SF 50% Leased Retail Building Chicago, IL 60620 $325,000 ($64/SF)

Executive Summary

Versatile commercial property featuring two separate units perfect for investors or owner-users looking to establish or expand their business. One unit is a fully equipped, vacant restaurant space ready for immediate use. This turnkey setup includes kitchen equipment, fixtures, and dining area furniture, minimizing startup costs for a new operator. Ideal for a variety of food service concepts. The second unit is a thriving grocery store currently operating on a month-to-month lease, providing immediate rental income and flexibility for future plans. The property offers ample parking, easy access, and excellent street frontage, ensuring high traffic and visibility for both units. This is an exceptional opportunity for entrepreneurs or investors seeking to capitalize on an established retail environment with room for growth and customization.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,100 SF
Building Class
C
Year Built
1985
Price
$325,000
Price Per SF
$64
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.84
Land Acres
0.14 AC
Opportunity Zone
Yes
Zoning
B3-1
Parking
12 Spaces (2.35 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
Transit Score ®
Excellent Transit (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-04-414-014-0000
Land Assessment
$15,912
Improvements Assessment
$90,338
Total Assessment
$106,250
  • Listing ID: 34019570

  • Date on Market: 11/27/2024

  • Last Updated:

  • Address: 9444 S Lafayette Ave, Chicago, IL 60620

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