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42-58 E 26th St - The Bronzeville Lofts
8,694 SF Retail Unit Offered at £1,609,231 in Chicago, IL 60616
Investment Highlights
- Renovations completed in the last five years.
- Five retail units for sale.
Property Facts
| Price | £1,609,231 | Building Class | B |
| Unit Size | 8,694 SF | Number of Floors | 3 |
| No. Units | 1 | Typical Floor Size | 2,898 SF |
| Total Building Size | 65,600 SF | Year Built | 1930 |
| Property Type | Residential (Unit) | Lot Size | 0.70 AC |
| Property Subtype | Apartment | Parking Ratio | 10/1,000 SF |
| Sale Type | Investment | Opportunity Zone |
Yes
|
| Price | £1,609,231 |
| Unit Size | 8,694 SF |
| No. Units | 1 |
| Total Building Size | 65,600 SF |
| Property Type | Residential (Unit) |
| Property Subtype | Apartment |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 3 |
| Typical Floor Size | 2,898 SF |
| Year Built | 1930 |
| Lot Size | 0.70 AC |
| Parking Ratio | 10/1,000 SF |
| Opportunity Zone |
Yes |
1 Unit Available
Unit #42-58
| Unit Size | 8,694 SF | Unit Use | Retail |
| Price | £1,609,231 | Sale Type | Investment |
| Price Per SF | £185.10 |
| Unit Size | 8,694 SF |
| Price | £1,609,231 |
| Price Per SF | £185.10 |
| Unit Use | Retail |
| Sale Type | Investment |
Description
5 unit Commercial Retail property with upgrades all done in the last 5 years. Lofts which is a professionally managed hoa condo building. The property only has 1 pin which is convenient for the new owner and is currently cash flowing with tenants. Tenants are Salon Sevhn, a luxury hair salon with a long term lease.
Sale Notes
This 5 unit Commercial Retail property has 5 beautiful spaces with upgrades all done in the last 5 years. Each tenant loves their space and are open to staying if new owner prefers. There is also flexibility if the new owner wants to open a business as well. You have the best of both worlds. The property sits at the bottom of the Bronzeville Lofts which is a professionally managed hoa condo building. The property only has 1 pin which is convenient for the new owner and is currently cash flowing with tenants. The property practically runs itself. An investor would only be responsible for taxes & insurance. Tenants are responsible for everything else per their commercial modified lease agreement. Tenants are responsible for all their own maintenance, hvac, plumbing, & electrical. Location has great exposure to the South Loop and less than 90 seconds from the expressway. Don't miss out on this amazing 5 unit Commercial Retail Space. Tenants are Salon Sevhn, a luxury hair salon with a long term lease. Guaranteed Rate, a Nationally Recognized residential mortgage lender, Blue Door Dave Real Estate, a local Boutique Real Estate Office, Bronzeville Community Center, a locally RN ran facility to provide office services amongst many others & Exceptional Building Services, a commercial cleaning service.
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- On-Site Retail
zoning
| Zoning Code | R |
| R |
-
David Thomas -
Blue Door Dave Inc
Presented by
42-58 E 26th St - The Bronzeville Lofts
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