$145,000
$169,900
14.7%For more information regarding the value of a property, please contact us for a free consultation.
1,121 SqFt
SOLD DATE : 03/24/2025
Key Details
Sold Price $145,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 1,121 sqft
Price per Sqft $129
MLS Listing ID 12215577
Sold Date 03/24/25
Year Built 1904
Annual Tax Amount $5,978
Tax Year 2023
Lot Dimensions 24X120
Property Sub-Type Retail/Stores
Property Description
This versatile, single-tenant retail building is perfectly suited for various uses, including a retail store, barbershop, salon, or office space. Situated on bustling 47th Street, a thriving and vibrant retail corridor, the property benefits from high visibility and foot traffic. Located within a Federal Enterprise Zone, it offers valuable incentives such as property tax and transfer tax abatements, sales tax exemptions on building materials and machinery, and taxable income credits. Please note, the business or adjacent lot is not included in the sale.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Victor Gudino • Nancy & Associates Realty