For Sale
$1,000,000

2470 75Th StChicago, IL 60649

Six Storefronts, Prime Location, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial property, located at 2470 E 75th Street in Chicago, Illinois, presents a unique investment opportunity in the burgeoning South Shore neighborhood. The property encompasses a 6,200 square foot lot and features six individual storefronts, offering significant rental income potential. Three storefronts boast private entrances and bathrooms, while the remaining three were previously occupied by a daycare, complete with a separate entrance, two bathrooms (one for students and one for staff), and a full kitchen. The building has undergone substantial renovations, including a brand-new fire alarm system (installed for the previous daycare tenant), updated plumbing throughout all storefronts, a new roof, fresh brickwork and tuckpointing, and new windows. Three parking spaces are conveniently located at the rear of the building, along with a sizable backyard area shared by all six storefronts. This property is ideally suited for investors seeking a high-return investment or entrepreneurs looking to establish a daycare or similar business, benefiting from existing infrastructure and recent upgrades. The property's location in the rapidly developing South Shore area ensures strong future growth prospects. The asking price is $1,000,000. This is a must-see opportunity for savvy investors and business owners alike. The property is zoned for commercial use and located in Cook County, zip code 60649.

Highlights

  • Exceptional investment opportunity in Chicago's South Shore neighborhood.
  • 6,200 square foot lot with six individual storefronts.
  • Three storefronts have private entrances and bathrooms; three others feature a separate entrance, two bathrooms, and a full kitchen (previously a daycare).
  • Recently renovated with a new fire alarm system, updated plumbing, roof, brickwork, tuckpointing, and windows.
  • Includes three rear parking spaces and a large shared backyard.
  • Asking price: $1,000,000.

Property Details for 2470 75Th St

Property type
Retail properties, Land

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.7592511
Longitude
-87.5637496
2470 75Th St, Chicago, Illinois

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2470 75Th St
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