For Sale
$350,000

1148 Monroe StChicago, IL 60607

Monroe Street Retail Opportunity: $350,000

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial property, located at 1148 W Monroe Street, Chicago, IL 60607, presents a unique investment opportunity. Priced at $350,000, this 829 square foot ground floor retail/office space is situated within a 20-unit condo building. Its prime location offers unparalleled visibility and accessibility, boasting high vehicular and pedestrian traffic. The property benefits from excellent natural light and street exposure, making it ideal for a variety of businesses. Currently configured as a salon, the space features high ceilings and concrete floors, along with the convenience of separate utilities. Its proximity to key Chicago landmarks adds significant value. Just steps away are the intersection of Monroe and Racine, Madison Row, Skinner Park, Skinner School, Mary Bartelme Park, the Chicago Children's Theatre, and various public transportation options, expressways, Greentown, and the vibrant Fulton Market District. This property offers a rare blend of location, size, and potential, making it an attractive investment in a thriving Chicago neighborhood. The Cook County location provides access to a diverse and densely populated market. This is a chance to acquire a well-positioned commercial space with significant upside potential.

Highlights

  • $350,000 asking price for 829 square feet of ground floor retail/office space.
  • Located at 1148 W Monroe Street, Chicago, IL 60607, in a 20-unit condo building.
  • Prime location with high vehicular and pedestrian traffic, offering excellent street exposure and natural light.
  • Currently configured as a salon, featuring high ceilings and concrete floors, with separate utilities.
  • Excellent proximity to public transportation, expressways, and the Fulton Market District.

Property Details for 1148 Monroe St

Property type
Retail properties, Land

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8805883
Longitude
-87.6566867
1148 Monroe St, Chicago, Illinois

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1148 Monroe St
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