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Listing provided courtesy of Kale RealtyMREDas Distributed by MLSGrid- MLS# 12677971MLS Provider

Chicago, IL 60623

Commercial · 3,800 Sq. ft.
$485,000 Active

Overview

Time on Site:
13 days
Visits:
2

Prime Investment Opportunity in the Heart of Little Village! Brick building featuring three storefront units located on bustling 26th Street, one of Chicago's busiest commercial corridors with exceptional pedestrian traffic and strong visibility. Surrounded by long-established businesses, restaurants, retail shops, and community amenities, this location offers outstanding exposure for tenants and business owners alike.Each unit has separate utilities, providing convenience and flexibility for ownership and management. The property also features rear parking spaces, ample street parking, and easy access to major transportation routes.Ideally situated just minutes from I-55 and the CTA Pink Line, offering convenient access for customers and employees. Please do not disturb tenants. Showings are by appointment only.

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Facts & Features

  • Type Commercial
  • Sq. ft. 3,800
  • Price/Sq.ft. $128

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Modified Gross
  • Gross Income: 73000
  • Gross Scheduled Income: 73000
  • Net Operating Income: 40215
  • Operating Expense: 20985

Building Information

  • Year Built: 1909

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Lawndale
  • Township: West Chicago

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Insurance

Tax Information

  • Tax Annual Amount: $18,889.00
  • Tax Year: 2024

General Information

  • Parcel Number: 16261200310000
  • Property Sub Type: Neighborhood Storefront
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 3800

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Flooring: Concrete
  • Foundation Details: Block, Concrete Perimeter
  • Leasable Area: 1266
  • Stories: 1

Unit Information

  • Unit SqFt.: 3800

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 50X119
  • Lot Size Square Feet: 5946
  • Water Source: Community Water

Building Exterior/Construction

  • Construction Materials: Brick, Concrete
  • Roof: Tar/Gravel

General Information

  • Number Of Units Total: 3
  • Utilities: Electric to Site,Natural Gas Available

Neighborhood

Community

60623 (CHICAGO) Demographics

33
Median Age
14,242
Population Density (per sq. mile)
17%
College Educated
$34,714
Estimated Median Income
9,269
Estimated Total Home Owners
16,477
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
3
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.

Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$338,047
Average List Price
$199
Average Price per Square Foot
6
Properties Sold
76
Average Days on Market
25
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
6/22/2026Source: MRED Status Change
Active
6/16/2026Source: MRED Added to Database
June 16, 2026