For Sale
$165,000

7406 Addison St Chicago, IL 60634

Chicago commercial property, great location, motivated seller.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Chicago commercial property, located at 7406 W Addison Street in Cook County, Illinois, presents a unique investment opportunity. Priced at $165,000, this retail property boasts a total lot size of 3,125 square feet, including a 1,600 square foot brick building. The property's prime location on busy Addison Street, near the intersection of Harlem Avenue and Irving Park Road, offers excellent visibility and accessibility. The building currently houses a long-term tenant operating a cafe/restaurant, providing immediate income potential or the option for a new business venture. The tenant is open to renewing their lease or vacating, offering flexibility to the new owner. A key feature is a beautiful fenced-in back terrace, adding to the property's appeal and potential uses. Street parking is available. This is an ideal opportunity for an investor seeking a strong return or an entrepreneur looking to establish a thriving business in a high-traffic area. The seller is highly motivated, making this an attractive proposition for a quick and advantageous purchase. The property's zip code is 60634.

Highlights

  • $165,000 asking price.
  • Retail and land property.
  • 3,125 square foot lot.
  • Located at 7406 W Addison Street, Chicago, IL 60634.
  • 1,600 square foot building.
  • Motivated seller.

Property Details for 7406 Addison St

Property type
Retail properties, Land

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9453723
Longitude
-87.8121666

FAQs

What type of property is this?
Retail property - Chicago commercial property, great location, motivated seller.
Where is the retail property located?
The property is located at 7406 Addison St Chicago, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: $165,000 asking price.; Retail and land property.; 3,125 square foot lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7406 Addison St
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