3308 West 111th Street, Chicago, IL, 60655

3308 West 111th Street Chicago, IL 60655

Chicago
FOR SALE
Property Type:
Street Retail
Amount:
$215,000
Last Verified:
Apr 08, 2025

Daily Email Blast
0 times


Highlights

  • GBA: 1,625 SF
  • Lot Size: 3,600 SF
  • Zoning: B1-1
  • PIN: 24-14-421-030-0000
  • Taxes (2023): $3.24/SF
  • High visibility for maximum exposure

Description

Introducing a prime retail or street retail investment opportunity in the vibrant city of Chicago, IL. This 1,625 SF property, boasting B1-1 zoning, offers a coveted space for prospective retail investors seeking a strategic location in the bustling Chicago area. With its versatile layout and favorable zoning, this property presents an excellent opportunity for owner/operators and investors alike. The strategic location and potential for high visibility make this property an attractive prospect for any retail investor aiming to enhance their portfolio with a promising asset in a prime location.

Discover a thriving locale in Chicago, IL, offering a dynamic blend of convenience and amenities. The area surrounding the location is in close proximity to noteworthy establishments such as the Beverly Arts Center, fostering a vibrant cultural scene that adds value to the property. Additionally, the presence of renowned dining options like Smith Street Station and The Original Rainbow Cone contribute to the area's allure, creating a desirable environment for potential tenants and employees. With easy access to public transportation and a diverse range of retail and dining options, the location presents an enticing prospect for office investors seeking a well-rounded and attractive setting for their business endeavors.

Building Size: 1625sq ft
Building Class: C
Lot Size: 0.07 acres

Map of 3308 West 111th Street, Chicago, IL, 60655

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.
BESbswy