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400 71st Street, Chicago, IL – $489,000

  • $489k Price
  • 6,100 Sqft
  • $489k Price
  • 6,100 Sqft

400 71st Street

Prime commercial corner property successfully run as a neighborhood grocery store for generations. This 6,100 SF free-standing building sits on six full size lots (18,750 SF) with 150 ft King Dr frontage and 125 ft 71st St frontage, existing curb cuts on both. Located in Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Easy access to the Edens Expressway and The Skyway. Building includes a massive walk-in cooler and an equally large walk-in freezer. There is a second walk-in cooler in a separated butcher area and a closed off kitchen area for on-site food preparation. The vacant lot adjacent to the building has room for 40 parking spots. Nearby intersection has 25,000+ VPD. Currently vacant but was generating $7,000/mo in rent for years. Ideal location for a grocery store, convenience store, dollar store or food franchise with possible drive-through. Zoned B3-1 - Community Shopping District which allows a maximum 22,500 SF building. Located in the 67th/Wentworth TIF District. The district is intended to foster new residential, commercial and mixed-use development investment opportunities.

Essential Information

  • MLS® #10370790
  • Price$489,000
  • Square Footage6,100
  • Acres0.00
  • Year Built1941
  • TypeCommercial
  • Sub-TypeRetail/Stores
  • StatusActive

Community Information

  • Address400 71st Street
  • AreaCHI - Greater Grand Crossing
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60619


  • Parking Spaces40


  • HeatingForced Air
  • CoolingCentral Air
  • Stories1

Listing Details

  • Listing OfficeBe Realty, LLC
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Price Change History for 400 71st Street, Chicago, IL (MLS® #10370790)

Date Details Change
Status Changed from Re-activated to Active
Status Changed from Contingent to Re-activated
Price Reduced from $530,000 to $489,000 $41,000 (7.74%)
Status Changed from Active to Contingent
Status Changed from Price Change to Active
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Listing information last updated on May 24th, 2020 at 9:35pm CDT.