5132 S Racine Avenue, Chicago, IL

$1,700,000

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About 5132 S Racine Avenue

Unlock the potential of this commercial building, currently operating as a successful convenience store in a prime, high-visibility location on bustling Racine Avenue. This versatile property offers an exceptional opportunity for investors seeking strong cash flow or owner-users looking to secure their own business location while benefiting from an established income-producing operation. Constructed with durable brick masonry, the property features a turnkey business with approximately $370,000 in inventory and approximately $150,000 in equipment included in the sale. The business has been successfully operating for seven years and has built a loyal, established customer base. The facility is equipped with surveillance cameras, multiple workstations, and restroom facilities, providing a functional and efficient operating environment. The site offers approximately 60 outdoor parking spaces, providing excellent accessibility and convenience for customers and employees. The property consists of one PIN and presents significant flexibility for continued retail use or future redevelopment opportunities permitted under its R2 zoning designation. Whether you are an experienced investor or an entrepreneur seeking a strategic location with immediate income potential, this property delivers outstanding value, versatility, and long-term upside. Don't miss this opportunity to acquire a proven business and income-producing real estate in a high-demand commercial corridor. Call today to schedule a private showing of this exceptional commercial property.

Features of 5132 S Racine Avenue

MLS® # 12670130
Price $1,700,000
Bathrooms 0.00
Year Built 1926
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 5132 S Racine Avenue
Area CHI - New City
City Chicago
County Cook
State IL
Zip Code 60609

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Individual
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Rubber
Foundation Concrete Perimeter

Additional Information

Days on Market 7
Zoning RTAIL
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Not Applicable

Listing Details

OfficeHomeSmart Realty Group

Listing Map

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