Chicago, IL 60653 418 E 43rd Street
$1,900,000



5 more





Presented By: SK Properties Group, LLC
Home Details
One-story commercial building offering 12,000 square feet of rentable space plus an additional 704 square feet designated for parking. The building is zoned B3-3, allowing various business uses, including large grocery stores, medical centers, restaurants, professional offices, retail shops, banks, and many other types of businesses. It is located in the revitalizing Bronzeville neighborhood, which features several new residential developments, such as townhomes, condominiums, single-family homes, and apartment rentals. The property sits on a main thoroughfare of East 43rd Street, with Cottage Grove a few blocks to the east and King Drive a few blocks to the west. Accessible public transportation includes the bus line on East 43rd Street and the elevated Green Line, located a few blocks to the west. This is a NNN lease with a base rent of $17.58 and passthroughs of $3.78 for real estate taxes. The property is also being offered for sale at $1.9 million.
Presented By: SK Properties Group, LLC
General for 418 E 43rd Street
Additional Parcels Y/NYes
Assoc Fee Paid PerNot Applicable
CityChicago
CoolingCentral Air
CountyCook
DirectionsEast on 47th Street to the location, north side of the Street.
ElectricCircuit Breakers
Leasable Area12000
Lease TypeNet
Lot Size Square Feet12284
MLS AreaCHI - Grand Boulevard
Net Operating Income
Number Of Units Total1
Property SubtypeRetail
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount46064
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes
Year Built1942
ZoningCOMMR
Exterior for 418 E 43rd Street
Building Area Total12000
Lot Dimensions110X110
Additional Details
Price History

SQFT • 12,000