335 N Mason Avenue # 1-8 Chicago, IL $ 475,000
335 N Mason Avenue # 1-8
$ 475,000
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335 N Mason Avenue # 1-8

Chicago, IL, 60644
$ 475,000
Bedrooms-- Baths-- Sq 4,987
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Property for Rent in Chicago, IL

for $475,000. This 4,987 square foot property was built in 1921 on a lot size of 0.114486.

This single story commercial building has eight (8) exterior entrances to a space that provides an easily divisible interior. Previously used as a non profit social service agency serving the residents of the Austin community. This property is for Sale or Lease ---Prime Commercial Opportunity: 4,987 SF Freestanding Building with 8-Unit Subdivision Potential **Property Type:** Commercial (Retail / Office / Medical / Service) **Building Size:** 4,987 Sq. Ft. (1-Story) **Zoning:** B3-2 In Chicago, B3-2 designates a Community Shopping District. The "B3" means the area is zoned for a wide variety of retail, business, and service uses, while the "-2" specifies the density, bulk, and parking rules for the property. B3 Means: Community Shopping District. Permitted Uses: Allows larger stores, shopping centers, and commercial businesses that often serve a wider trade area. It permits more business types than B1 and B2 districts. Unlock unparalleled versatility with this single-story 4,987 sq. ft. commercial building. Offered as a **full-building purchase**, this property is a blank canvas for an owner-user looking for a flagship headquarters, or a savvy developer aiming to maximize rental yields. The building's defining feature is its flexibility: featuring **8 separate exterior entrance doors**, the interior can be effortlessly demised into up to 8 independent, rentable suites. ## Investment Highlights * **Maximum Demising Flexibility:** Already configured with 8 separate exterior entryways. Divide the space into 2, 4, 6, or 8 separate units based on market demand. * **Diverse Tenant Mix:** Ideal for medical clinics, professional office suites, boutique retail, or local service businesses. * **Risk Mitigation:** Multi-tenant capability allows you to diversify your income streams and drastically reduce vacancy risk. * **Single-Story Accessibility:** Convenience with no elevators or stairwells required, offering excellent ADA compliance potential. ## Potential Configurations | **The Flagship** | 1 Single Tenant | ~4,987 sq. ft. | Urgent care, corporate HQ, mid-size retail | | **The Executive** | 2 to 4 Units | ~1,250 - 2,500 sq. ft. | Law firms, dental practices, physical therapy | | **The Incubator** | 5 to 8 Units | ~620 - 1,000 sq. ft. | Salons, insurance agencies, boutique tech offices | Property Features & Amenities * **Structure:** Durable, low-maintenance 1-story construction. * **Location Perks:** Situated in a high-growth corridor just across the street from the newly renovated CTA's Green Line Transit station at Austin and Corcoran. * *Developer's Note:** Properties with this level of built-in subdivision potential are rare. Whether you want to occupy a portion and lease the rest, or fully redevelop the interior into a high-yield multi-tenant business park, the infrastructure is already here. To schedule a private walkthrough use Showing Time. For more information, please contact: Listing Agent: Michelle Bolden, United Real Estate Chicago

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Rental Active

Price

$ 475,000

Taxes

$ 18,283

Style

Commercial,Medical/Dental

Lot Size

0.114486

Year Built

1921

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12681290

Features
General
Cooling Central Air
Utilities Electric to Site Natural Gas Available
Possession Closing
Roof Membrane
Zoning COMMR
Construction Materials Brick
Year Built 1921
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Scavenger Varies by Tenant
Stories Count 1
Township West Chicago
Unit Number 1-8
Tax Year 2024
Current Use Commercial Medical/Dental
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions One (1) block East of Austin Blvd just south of the CTA's green line train on Corcoran. Three blocks west of Central Avenue just south of the CTA's green line train on Corcoran.
City Chicago
Number Of Units Total 8
MLS Area CHI - Austin
Lot Size Square Feet 4987
Tax Annual Amount 18283
Ok to Lease Lease Purchase
Additional Parcels Y/N N
Leasable Area 0
Lease Type Net
Standard Status Active
Total Actual Rent 11969
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Interior
Flooring Concrete
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 4987
Lot Dimensions 27x168
Frontage Type City Street Paved
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* Excluded Features
List By
United Real Estate - Chicago

Broker

mnb3227@gmail.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$475,000 Listed Price

Map


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335 N Mason Avenue # 1-8, Chicago, IL, 60644 is a Property for Rent at $475,000 with 4,987 sqft and a lot size of 0.114486. 335 N Mason Avenue # 1-8 was built in 1921. The property's zip code is 60644 which is in Chicago, IL