For Sale
$1,495,000

6310 Grand Ave Chicago, IL 60639

High-yield, multi-use property near Brickyard Mall.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional mixed-use property, located at 6310 W Grand Ave, Chicago, IL 60639, presents a compelling investment opportunity. The 21,000-23,000 square foot building, constructed in 1956 and renovated in 2016, sits on a 24,000 square foot lot and boasts a 9% cap rate. Currently configured for multiple uses including grocery, quick-service restaurant, and storefront retail, this single-unit, Class B property offers significant redevelopment potential. The property features four dock-high doors, 25 parking spaces, and a 20-foot ceiling height. The B-2-3 zoning allows for a variety of uses. Recent upgrades include a new boiler, electrical system, plumbing, and tuckpointing. The property's strategic location near Riis Park and the Brickyard Mall, with over 25,000 vehicles passing daily, ensures high visibility and accessibility. The asking price is $1,495,000. While currently leased for a short term, the property is ideally suited for owner-users seeking a versatile space or developers envisioning future expansion. All information should be independently verified.

Highlights

  • Currently operating as a soccer facility.
  • Recently updated boiler.
  • Ample off-street parking for 25+ vehicles.
  • Benefits from a stable, long-term tenant.
  • Recent upgrades include electrical, plumbing, and water systems.
  • Exterior tuckpointing recently completed.

Property Details for 6310 Grand Ave

Property type
Specialty properties, Retail properties
Square Feet
21,000 SF
Class
B
Year Built/Renovated
1956/2016
Buildings
1
Stories
1
Units
1

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.922069573647
Longitude
-87.783647077233

FAQs

What type of property is this?
Specialty property - High-yield, multi-use property near Brickyard Mall.
Where is the specialty property located?
The property is located at 6310 Grand Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Currently operating as a soccer facility.; Recently updated boiler.; Ample off-street parking for 25+ vehicles.
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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6310 Grand Ave
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