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About the Listing 86619 - 858624
Rare South Shore Commercial/ Industrial / Flex Fleet Facility 1948 E. 71st Place presents a unique opportunity to acquire a large-scale urban industrial/flex asset in the rapidly evolving South Shore neighborhood of Chicago. Originally designed as a parking garage and currently operating as an automotive and towing facility, the property offers approximately 17,846 SF of industrial/commercial space with the ability to accommodate approximately 48 vehicles including rooftop parking capacity. The property benefits from commercial/industrial zoning, two drive-in doors, 15' clear heights, and a full-building footprint configuration rarely available within dense urban neighborhoods on Chicago's South Side. The building's flexible configuration makes it suitable for a variety of owner-user and investment strategies including: Fleet operations Contractor headquarters Towing and impound Vehicle storage Logistics support Municipal contractor operations Automotive repair/service Redevelopment hold Located near major transportation corridors and positioned within the broader South Shore/Jackson Park investment corridor influenced by the Obama Presidential Center and ongoing commercial revitalization efforts, the property offers both immediate utility and long-term strategic upside.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Commercial Sale
MLS ®
12689733
Year Built
1926
Total Square Footage
18,000
Lot/Acreage
0.41
County
Cook
Area
CHI - South Shore
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Central Bldg Heat,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 165 x 108
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $17,588
- Taxes w/Assessments: N/A
- Tax/Property ID: 20251090120000
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
1948 E 71st Pl Chicago, IL 60649
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