Wow!!! Great value here, and a unique opportunity. Asking price is way below what it would cost you to build out this 3 level space with 7 washrooms. Top quality build included full electrical on 400amp, plumbing, interior layout, roof, windows, mechanicals and almost everything you can touch. Dual water heaters with a 75g and 50g. Sump and ejector pit in basement. Check out the Professional Commercial Kitchen that used to make over 1000 banana nut breads a day. Just bring your ovens and fryers as everything else here is ready to go. Check out that cooking hood too. New metal staircases and porches are solid and nicely designed. The main 2 levels have 4560sf but add in the finished basement and you have over 6000sf of usable space. This is a bargain. Location, location, location! Highly trafficked Ogden/Cermak/Pulaski Ave triple intersection. 4017 Ogden was a Church/Place of Worship. This would be a great spot for your branded Church to expand, or your chance to buy a move in ready space for your startup. Other good fits would be: Day care, restaurant, hospitality/event center, group home and anything that could benefit with the 2nd floor pro kitchen. Previously this was a multi-tenant property with 3 apartments upstairs and retail on first floor with bonus basement.
548 E 63rd St, Chicago, IL 60637
Investor opportunity in Hyde Park Municipality. A great opportunity with a 7 cap rate. Owner Retiring. Fully leased out with 2 tenants though the building design has 9 door cutouts for smaller suites if needed in the future. Total sf is 9125 and the lot is 13,981sf. This building was rebuilt in 2004 and was given a rating of "excellent condition" by a 3rd party valuation. Steel framing with masonry and brick. Has a Basement for storage. Recent updates include a new Roof and a $250,000 build out in anchor tenant suite. That tenant has a lease in place through 2032 and smaller space tenant through 8/24. Lessees are paying property taxes as well as NNN all utilities. 63rd & S St Lawrence is near the University of Chicago, Expressway, Lake Front and the Greenline.