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About This Home

This 0-bedroom, 0-bathroom commercial at 5132 S Racine Avenue in Chicago, IL is listed for $1,700,000. Built in 1926, on a 0.94 acres lot.

Agent Description

Unlock the potential of this commercial building, currently operating as a successful convenience store in a prime, high-visibility location on bustling Racine Avenue. This versatile property offers an exceptional opportunity for investors seeking strong cash flow or owner-users looking to secure their own business location while benefiting from an established income-producing operation.

Constructed with durable brick masonry, the property features a turnkey business with approximately $370,000 in inventory and approximately $150,000 in equipment included in the sale. The business has been successfully operating for seven years and has built a loyal, established customer base.

The facility is equipped with surveillance cameras, multiple workstations, and restroom facilities, providing a functional and efficient operating environment. The site offers approximately 60 outdoor parking spaces, providing excellent accessibility and convenience for customers and employees.

The property consists of one PIN and presents significant flexibility for continued retail use or future redevelopment opportunities permitted under its R2 zoning designation. Whether you are an experienced investor or an entrepreneur seeking a strategic location with immediate income potential, this property delivers outstanding value, versatility, and long-term upside.

Don't miss this opportunity to acquire a proven business and income-producing real estate in a high-demand commercial corridor. Call today to schedule a private showing of this exceptional commercial property.

Key Features

  • Built in 1926
  • 0.94 acre lot

Property Details

1 story
1926

Amenities

A/C

Monthly Cost Estimate

$9,092/mo

20% down · 6.5% · 30 years

Principal$1,229
Interest$7,367
Insurance$496

Estimates only. Actual payments may vary.

Location

5132 S Racine Avenue

Chicago, IL 60609

Property Details

Flooring

Concrete

Construction

Brick

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5132 S Racine Avenue is listed at $1,700,000. The estimated monthly payment is $7,367 based on 20% down at 6.5% interest.

Key features include: Built in 1926, 0.94 acre lot.

This property is listed by Telly Rayford and can be reached at (708) 710-3828 or tellyrayford@gmail.com.

TR

Telly Rayford

Agent at HomeSmart Realty Group

(708) 710-3828

Listed by HomeSmart Realty Group

MLS# 12670130· Source: listhub· Updated 7 days ago

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5132 S Racine Avenue, Chicago, IL 60609

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