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5132 S Racine Avenue Chicago, IL 60609

$1,700,000
New / MLS# 12670130 / Commercial - Retail / Chicago
0 Beds
11400 SqFt

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.

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Property Details

Property Type: Commercial - Retail
Cooling: Central Individual
Lot Size: 0.94 Acres
Roof Type: Rubber
Stories: 1.0
Taxes: $37,593
Year Built: 1926

Feature Descriptions

Current Use: Commercial
Electric: Service - 201 to 600 Amps, Over 600 Amps
Exterior: Brick
Fire Protection: Fire Extinguisher/s, Sprinklers-Wet
Flooring: Concrete
Foundation: Concrete Perimeter
HVAC: Central Heat/Indiv Controls
Lot Dimensions: 110X375
Miscellaneous Indoor: Public Restroom/s, Storage Inside
Parcel#: 20083070390000
Parking: 51-100 Spaces
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available

Location

See details and scored characteristics about this location.

Listing Office: HomeSmart Realty Group

Listing Office Phone: 708-320-0002



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