5132 S Racine Ave

Chicago, IL 60609
  • $1,700,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 11,400

    SqFt

About the Listing 25688 - 244394

Unlock the potential of this commercial building, currently operating as a successful convenience store in a prime, high-visibility location on bustling Racine Avenue. This versatile property offers an exceptional opportunity for investors seeking strong cash flow or owner-users looking to secure their own business location while benefiting from an established income-producing operation. Constructed with durable brick masonry, the property features a turnkey business with approximately $370,000 in inventory and approximately $150,000 in equipment included in the sale. The business has been successfully operating for seven years and has built a loyal, established customer base. The facility is equipped with surveillance cameras, multiple workstations, and restroom facilities, providing a functional and efficient operating environment. The site offers approximately 60 outdoor parking spaces, providing excellent accessibility and convenience for customers and employees. The property consists of one PIN and presents significant flexibility for continued retail use or future redevelopment opportunities permitted under its R2 zoning designation. Whether you are an experienced investor or an entrepreneur seeking a strategic location with immediate income potential, this property delivers outstanding value, versatility, and long-term upside. Don't miss this opportunity to acquire a proven business and income-producing real estate in a high-demand commercial corridor. Call today to schedule a private showing of this exceptional commercial property.

Listing Highlights

Status Active
Days on Site 28
Property Type Commercial Sale
MLS ® 12670130
Year Built 1926
Total Square Footage 11,400
Lot/Acreage 0.94

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Individual
  • Heating: Central Heat/Indiv Controls
  • Fireplaces:
  • Floor: Concrete
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 110X375
  • Zoning: RTAIL
  • Roof: Rubber
  • Others:
  • Sewer:
  • Parking Features: 51-100 Spaces

Financial Details

  • Tax Amount: $37,593
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20083070390000
  • Tax Year: 2025

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5132 S Racine Ave Chicago, IL 60609

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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