Listing provided courtesy of Network Property Managment LLCMREDas Distributed by MLSGrid- MLS# 12218348MLS Provider

5041 S Prairie AvenueChicago, IL 60615

Commercial
$15 Active

5041 S Prairie Avenue Overview

Time on Site:
578 days
Visits:
8

The site is located in a busy business corridor. 51st Street east or west to Prairie Ave. The CTA EL Station is 1/2 block east of the site.Formerly leased to Family Dollar. Free Standing 8,250sf building on a 18,100 sq fty lot For Lease. The parking lot can accommodate up to 15 spaces. A new truss roof with steel joists was installed in 2008. The site is located in a busy business corridor. The CTA EL station is 1/2 block east of the site. The area is densely populated. The building can work for most any retail or service business.

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5041 S Prairie Avenue Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Net
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1950

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Grand Boulevard

Rent/Lease Information

  • Tenant Pays: Common Area Maintenance, Taxes

Tax Information

  • Tax Annual Amount: $21,514.00
  • Tax Year: 2023

General Information

  • Property Sub Type: Retail
  • Property Type: Commercial Lease
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Flooring: Concrete
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 8250
  • Stories: 1

Unit Information

  • Unit SqFt.: 8250

Exterior

Lot Information

  • Frontage Type: City Street
  • Lot Size Dimensions: 119 X 152
  • Lot Size Square Feet: 18088

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Number Of Units Total: 1

5041 S Prairie Avenue Neighborhood

Community

60615 (CHICAGO) Demographics

35
Median Age
14,432
Population Density (per sq. mile)
68%
College Educated
$44,658
Estimated Median Income
6,504
Estimated Total Home Owners
15,109
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5041 S Prairie Avenue Market Data

Based on the last 30 days in this zip code

$411,555
Average List Price
$248
Average Price per Square Foot
30
Properties Sold
82
Average Days on Market
163
Properties for Sale
Calculations provided by Reliance Network

5041 S Prairie Avenue History

Date Event Value Agent
12/4/2024Source: MRED Status Change
Active
11/28/2024Source: MRED Added to Database
November 28, 2024