7001 S South Chicago Avenue Chicago, IL $ 995,500
7001 S South Chicago Avenue
$ 995,500
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7001 S South Chicago Avenue

Chicago, IL, 60637
$ 995,500
Bedrooms-- Baths-- Sq 29,940

Monthly Estimate*

$ 6,211

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Commercial Property for sale in Chicago, IL

for $995,500. This 29,940 square foot building was built in 1925 on a lot size of 1.46074.

**Welcome to 7001 S South Chicago Avenue, Chicago, IL** Experience the potential of 7001 S South Chicago Avenue, a sophisticated property currently housing Medley's Moving & Storage. Spanning an impressive 27,700 square feet on a 22,500-square-foot lot, this site is primed for diverse business opportunities. The two-story office building exudes professionalism with thirteen private offices, a dedicated conference room, and a fully equipped kitchen, ensuring a productive and comfortable work environment. The secure, climate-controlled warehouse is designed to meet a variety of storage needs, featuring over 150 units suitable for residential, business, or commercial use. Two well-placed loading docks facilitate seamless logistics, making operations efficient and hassle-free. With a history of steady occupancy, this meticulously maintained facility stands as a solid investment opportunity. Whether you're expanding your enterprise or seeking a reliable property investment, 7001 S South Chicago Avenue offers an unmatched blend of elegance and practicality. Don't miss the opportunity to explore this exceptional property. Contact us today to arrange a visit and discover the possibilities that await at this premier Chicago address.

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Commercial Active

Price

$ 995,500

Property Type

Commercial

Taxes

$ 30,042

Style

Commercial,Office

Lot Size

1.46074

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12151349

Features
General
Cooling Central Air
Possession Closing
Zoning INDUS
Construction Materials Brick
Year Built 1925
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Other
Stories Count 2
Property Subtype Warehouse
Tax Year 2023
Current Use Commercial Office
Gross Income 190548
County Cook
Net Operating Income 74000
Operating Expense 0
Property Type Commercial Sale Industrial
Possible Use Commercial Office Other
Status Active
Directions Take Dan Ryan to 71st East to South Chicago then take Left to Property on East Side of the street.
City Chicago
MLS Area CHI - Woodlawn
Lot Size Square Feet 63630
Tax Annual Amount 30042
Additional Parcels Y/N N
Leasable Area 29940
Standard Status Active
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Exterior
Building Area Total 29940
Lot Dimensions 150X150
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* Excluded Features
List By
Compass

Broker

stephon.walker@compass.com;stephon.walker@compass.com

Email

Affordability Calculator

$8,714
Per Month
71%
29%
0%
Monthly Principal & Interest
$6,211
Monthly Property Taxes
$2,504
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2024$995,500 Listed Price

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7001 S South Chicago Avenue, Chicago, IL, 60637 is a Commercial Property for sale at $995,500 with 29,940 sqft and a lot size of 1.46074. 7001 S South Chicago Avenue was built in 1925. The property's zip code is 60637 which is in Chicago, IL