Commercial: MLS #12501188 Chicago, IL ^$ 2,000,000

Commercial: MLS #12501188

^$ 2,000,000

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Commercial: MLS #12501188

Name: address
Address: IL, 60616

Chicago, IL, 60616

^$ 2,000,000

Bedrooms-- Baths-- Sq 11,000

Monthly Estimate*

^$ 12,477

Commercial Property for sale in Chicago, IL

for $2,000,000. This 11,000 square foot building was built in 1978 on a lot size of 0.266299.

Attention Investors:Prime location Bridgeport/Bronzeville Gate, Fully leased storefronts and upstairs lounge-iron gated private parking lot- partial basement- 11,000 sq ft corner, brick building - 3 storefronts and 2nd story lounge- very high traffic area (motor and non)- convenient front parking as well. Inquire directly with brokers for more details... DO NOT bother tenants!

Commercial Active

Price

^$ 2,000,000

Property Type

Commercial

Taxes

^$ 42,000

Style

Commercial

Lot Size

0.266299

Year Built

1978

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12501188

Features

General

Sewer Storm Sewer

Cooling Central Air Central Individual Zoned

Utilities Electricity Available Natural Gas Available Sewer Connected Water Available

Possession Closing

Roof Tar/Gravel

Zoning COMMR

Construction Materials Brick

Year Built 1978

Electric Service - 101 to 200 Amps

Tenant Pays Taxes Insurance Repairs Roof Sewer Varies by Tenant

Stories Count 2

Property Subtype Mixed Use

Tax Year 2023

Current Use Commercial

Gross Income 20000

County Cook

Insurance Expense 5000

Property Type Commercial Sale Mixed Use

Possible Use Commercial Retail

Status Active

Directions 35th St. East of I-94 to Corner of Indiana

City Chicago

Number Of Units Total 4

MLS Area CHI - Douglas

Lot Size Square Feet 11600

Tax Annual Amount 42000

Electric Expense 99999

Fuel Expense 99999

Trash Expense 1200

Water Sewer Expense 99999

Additional Parcels Y/N N

Standard Status Active

Cap Rate 9

Exterior

Water Source Municipal Water

Building Area Total 11000

Lot Dimensions 93 X 125

Frontage Type City Street Signal Intersection

* Excluded Features

List By

Remax Legends

Broker

jaymi@soldbylegends.com

Affordability Calculator

$15,977

Per Month

Monthly Principal & Interest: $12,477
Monthly Property Taxes: $3,500
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$1,030,376

Percent of Sale Price 48%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2025	$2,000,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/10/2025.

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Commercial: MLS #12501188

Commercial Property for sale in Chicago, IL

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