$780,000
$784,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
7,965 SqFt
SOLD DATE : 03/12/2025
Key Details
Sold Price $780,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 7,965 sqft
Price per Sqft $97
MLS Listing ID 11627952
Sold Date 03/12/25
Year Built 1919
Annual Tax Amount $13,186
Tax Year 2022
Lot Dimensions 175X50
Property Sub-Type Retail/Stores
Property Description
NOW LEASING AS WELL! Completely rehabbed retail opportunity in South Austin, minutes from I-290. Truss building, 11 ft. ceilings with fully open floor plan and 50'+ frontage along Madison Street. Newly finished epoxied concrete floors, two brand-new HVAC units on the roof, all major systems are brand new. Perfect for any business and floor plan design. Walls are insulated for custom installation of outlets, fixtures and wall finishes. Metered for single or divided use. Potential to occupy 51% of the space and lease out the rest for SBA loans. Daily traffic count 14,500+ with easy street parking. Handicap accessible restrooms. Targeted growth area with a new senior center and a community center. Perfect for walk-in business, storage or corporate/office space. Convenient location for any business and CTA accessible. Mayor's Invest South/West initiative opportunity zone.
Location
State IL
County Cook
Area Chi - Austin
Zoning COMMR
Interior
Cooling Central Air
Flooring Concrete
Fireplace N
Building
Level or Stories 1
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Shelia Blockson • Signature Landmark Reo INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "