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400 71st Street, Chicago, IL – $530,000

  • $530k Price
  • 6,100 Sqft
  • $530k 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$530,000
  • 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

Amenities

  • Parking Spaces40

Interior

  • 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 Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $549,900 to $530,000 $19,900 (3.62%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Coldwell Banker Residential Brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on November 12th, 2019 at 8:20am CST.