342 W 75th Street Chicago, IL $ 499,900
342 W 75th Street
$ 499,900
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342 W 75th Street

Chicago, IL, 60621
$ 499,900
Baths0.0 Sq 6,000

Monthly Estimate*

$ 3,322

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Studio

Commercial Property for sale in Chicago, IL

for $499,900. This 6,000 square foot building was built in 1978 on a lot size of 0.22314.

This investment opportunity presents a remarkable prospect for commercial enterprises. The property boasts two retail spaces on 75th St., one of which is a leased grocery store, while the other remains unoccupied but accompanied by a substantial rear lot. The tenanted unit alone yields a monthly income of $4,000, while the vacant space offers substantial potential for diverse business ventures such as tobacco stores, restaurants, hair salons, daycare centers, and offices. The property includes a basement and additional storage space, besides a fenced lot and an extensive backyard area that can be used for parking or recreational purposes. This is an opportunity not to be missed by any aspiring entrepreneur. We highly recommend that you schedule a visit to the property to experience its potential first-hand and transform your business aspirations into tangible reality. business dreams into reality! Come and see the potential for yourself!

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Commercial Active

Price

$ 499,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,489

Style

Commercial

Lot Size

0.22314

Year Built

1978

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11919744

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1978
Electric Circuit Breakers
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Operating Stops Taxes Insurance Repairs Roof Scavenger Tax Stops Sewer
Stories 1
Tax Year 2021
Current Use Commercial
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions 75th St East or West to 342 W 75th St
City Chicago
MLS Area CHI - Greater Grand Crossing
Lot Size Square Feet 9720
Street Name 75th
Tax Annual Amount 7489
Additional Parcels Y/N Y
Leasable Area 2000
Days on Market 7
Lease Type Gross
Standard Status Active
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Exterior
Total Parking 10
Building Area Total 6000
Lot Dimensions 9720
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Interior
Street Suffix Street
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* Excluded Features
List By
Better Homes & Gardens Real Estate

Broker

eyesell01@yahoo.com

Email

Affordability Calculator

$3,947
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,322
Monthly Property Taxes
$624
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2023$499,900 Listed Price

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342 W 75th Street, Chicago, IL, 60621 is a Commercial Property for sale at $499,900 with 6,000 sqft and a lot size of 0.22314. 342 W 75th Street is a studio with 0.0 baths and was built in 1978. The property's zip code is 60621 which is in Chicago, IL