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6319 Vernon AveChicago, IL 60637

Chicago, IL: 25,000 SF Vacant Retail Building

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional redevelopment opportunity presents a 25,000-square-foot vacant retail building situated on a 43,750-square-foot lot in Chicago's vibrant 60637 zip code. The property, built in 1908, features a single-story structure with two units, ideal for a variety of uses including grocery, QSR, or restaurant concepts. The building boasts a 10-year-old roof, a six-year-old hot water heater, and two HVAC units approximately 10 years old. Included in the sale is an expansive 18,750-square-foot parking lot across the street, providing ample space for customers and employees. The interior features a walk-in freezer and a walk-in cooler (compressor needs replacement). Existing infrastructure includes a setup for a meat department (compressors also need replacement). The property is currently vacant, offering a blank canvas for a creative vision. The Class C building operates under a NNN lease type. Annual property taxes are $41,967.69. This is a single-tenant redevelopment opportunity with significant potential for a savvy investor. The property's location and size make it an attractive investment in a growing market. Don't miss this chance to acquire a prime retail space in a desirable Chicago neighborhood.

Highlights

  • 25,000 SF vacant retail building on a 43,750 SF lot in Chicago's 60637 zip code.
  • Single-story building with two units, suitable for grocery, QSR, or restaurant uses.
  • Features a 10-year-old roof, six-year-old water heater, and 10-year-old HVAC units; includes a walk-in freezer and cooler (compressors need replacement) and existing meat department infrastructure (compressors need replacement).
  • Includes an 18,750 SF parking lot across the street.
  • NNN lease; $41,967.69 annual property taxes.

Property Details for 6319 Vernon Ave

Property type
Retail properties, Restaurants
Square Feet
25,000 SF
Class
C
Year Built
1908
Buildings
1
Stories
1
Units
2

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.779715
Longitude
-87.614061
6319 Vernon Ave, Chicago, Illinois

FAQs

What type of property is this?
Retail property - Chicago, IL: 25,000 SF Vacant Retail Building
Where is the retail property located?
The property is located at 6319 Vernon Ave Chicago, IL.
What are key features of this property?
This property features: 25,000 SF vacant retail building on a 43,750 SF lot in Chicago's 60637 zip code.; Single-story building with two units, suitable for grocery, QSR, or restaurant uses.; Features a 10-year-old roof, six-year-old water heater, and 10-year-old HVAC units; includes a walk-in freezer and cooler (compressors need replacement) and existing meat department infrastructure (compressors need replacement).
How can I contact the broker?
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6319 Vernon Ave
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