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About the Listing 10115 - 132839
Beautiful Two-story rock solid brick mixed use building with newer thermal pane windows, roof/skylight, rolling retail shutters in front and electric gate in back. Both main ground floor and 1st floor are currently set up as open space. Each floor is approx. 6,250 sq/ft. There is also a full basement for additional usage or storage. The space is currently a clean blank canvas. Its needs to be rehabbed and finished. Includes unused freight elevator at rear. Located in booming South Chicago's Commercial Ave., which from 83rd to 87th boasts flourishing mom and pop stores, and various ethnic cuisines. 87th to 95th are home to a growing number of corporations, businesses, non-profits and banks. Located in Special Business Area 5 and eligible for interior buildout grants, front facade and security grants. This building has many potentials uses from a thriving retail business or restaurant business on the main ground floor to an Art gallery on the 1st floor. Under additional Information you will find blueprints to build out the space for 25 incubator work booths, a dining area and two prep kitchens. (one of many potential uses for this building) The new Quantum computing and Microelectronics Park project is underway and stands to transform the U.S. Steel South Works property and the overall area into a hive of activity - see Crain's news articles in additional information. The Quantum site is 5 mins from this building. The Advocate Trinity Hospital is also approved to share this site and promote Quantum research in medicine. The 87th street South Chicago Metra line is only a 5 mins walk away from the building and runs to downtown Chicago. This huge building offers a great opportunity at a really really affordable price. Seller is open to offering owner financing for the right candidate. Lets talk.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Commercial Sale
MLS ®
12616833
Year Built
1907
Total Square Footage
15,500
Lot/Acreage
0.16
County
Cook
Area
CHI - South Chicago
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 50 X 139
- Zoning: OTHER
- Roof: Membrane
- Others:
- Sewer:
- Parking Features: 1-5 Spaces,Fenced
Financial Details
- Tax Amount: $5,561
- Taxes w/Assessments: N/A
- Tax/Property ID: 26062090230000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
8802 S Commercial Ave Chicago, IL 60617
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