2012 E 71st Street, Chicago-South Shore, IL 60649 | 11666392 | Berkshire Hathaway HomeServices Chicago

2012 E 71st Street $625,000


    2012 E 71st Street Chicago-South Shore, IL 60649

    • 0 Beds
    • 0 Baths
    • Business
    • MLS# 11666392
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    Views: 5 Days On Site: 86

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    Property Details

    Once in a lifetime opportunity to own this income generating storefronts in upcoming area of South shore; one of the top priority communities selected in Mayor Lightfoot's invest South/West commercial corridor improvement. Owner of the building occupies one of the storefronts, and from there runs Jeffrey Chicken & Sub restaurant for many years. The restaurant has strong sales numbers and is for sale separately for $200K. Call/email for all financials on the restaurant or the building. Second store front is rented out to a grocery store for many many years it also has a strong rent history. The restaurant is roughly 2000sqft, and the grocery is about 3000 sqft approx. Additionally, there is a large unfinished basement underneath both the stores for storage etc. Each having their own access through the respective stores. National anchor stores are in close vicinity of this property. Ideal for owner operator or a franchise looking to move into this area.

    • General Features
      • Additional Parcels Y/N No
      • Annual Rent For Real Estate 30000
      • Area CHI - South Shore
      • County Or Parish Cook
      • Operating Expense 297480
      • Tax Annual Amount 21936
      • Tax Year 2020
      • Zoning COMMR
    • Building Features
      • Building Area Total 5000
      • Cooling Central Air
      • Stories 1
    • Property Features
      • Lot Size Dimensions 60X86
      • Lot Size Square Feet 5196
      • Parcel Number 20244210220000
      • Parking Total 0



    60649 (Chicago-South Shore) Demographics

    38 Median Age
    11,999 Population Density (per sq. mile)
    35% College Educated
    $36,130 Estimated Median Income
    5,387 Estimated Total Home Owners
    16,947 Estimated Total Renters
    24% / 76% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    47,084 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $120,000 Median Sales Price
    5 Homes Sold
    25 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $625,000
        12/2/2022 10:47:26 AM Status Changed Source: Multiple Listing Service New Value: Contingent
        11/9/2022 12:17:52 AM Status Changed Source: Multiple Listing Service New Value: Active
        11/3/2022 1:18:00 PM New in Database Source: Multiple Listing Service New Value: $625,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.