Introducing a prime retail investment opportunity in Chicago, this 2,000 SF building features 9 units, ideal for retail or street retail investors seeking a lucrative asset. Built in 2004, this modern property offers a contemporary design and layout, providing a flexible canvas for retail concepts. Each unit is thoughtfully designed to attract tenants and customers, creating a vibrant retail environment. The strategic location in Chicago ensures high visibility and easy accessibility, promising ample foot traffic. With its well-maintained exterior and interior, this property is poised for immediate utilization, making it an enticing prospect for retail investors looking to establish or expand their portfolio.
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.