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418 E 43rd Street Chicago, IL 60653

$1,900,000
Active / MLS# 12554969 / Commercial - Retail / Chicago
0 Beds
12000 SqFt

One-story commercial building offering 12,000 square feet of rentable space plus an additional 704 square feet designated for parking. The building is zoned B3-3, allowing various business uses, including large grocery stores, medical centers, restaurants, professional offices, retail shops, banks, and many other types of businesses. It is located in the revitalizing Bronzeville neighborhood, which features several new residential developments, such as townhomes, condominiums, single-family homes, and apartment rentals. The property sits on a main thoroughfare of East 43rd Street, with Cottage Grove a few blocks to the east and King Drive a few blocks to the west. Accessible public transportation includes the bus line on East 43rd Street and the elevated Green Line, located a few blocks to the west. This is a NNN lease with a base rent of $17.58 and passthroughs of $3.78 for real estate taxes. The property is also being offered for sale at $1.9 million.

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Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.28 Acres
Stories: 1.0
Taxes: $46,064
Year Built: 1942

Feature Descriptions

Electric: Circuit Breakers
Fire Protection: Sprinklers-Wet
HVAC: Forced Air
Lot Dimensions: 110X110
Number of Tenant(s): 1
Parcel#: 20032220360000
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes
Units: 1

Location

See details and scored characteristics about this location.

Listing Office: SK Properties Group, LLC

Listing Office Phone: 773-493-7000



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