Motivated Seller!

3008 E. 92nd Street Chicago, IL 60617

3008 E. 92nd Street, Chicago, IL, 60617
Former Bar
3008 E. 92nd Street, Chicago, IL, 60617 3008 E. 92nd Street, Chicago, IL, 60617
FOR SALE
Property Type:
Street Retail
Amount:
$120,000
Last Verified:
Dec 06, 2018

Prime Commercial/Retail space located on busy Commercial Avenue and 92nd Street. Three blocks from the Metra Station with 8,000,000+ annual ridership. One mile from the Advocate Trinity Hospital. Nearby National Tenants include Walgreens, McDonald's, Dunkin Donuts, Bank of America, Subway, MB Financial Bank, T-Mobile, Chase Bank, Family Dollar, The YMCA and the US Postal Service. Great potential for rehab or redevelopment. Many possibilities here from medical office, coffee shop, salon, fast food restaurant, or retail storefront. Property is located in a TIF zone. Great opportunity to own your own building or create your own business. Property being sold "AS-IS". Agent is related to owner.


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.