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7737 S Kedzie Avenue Chicago, IL 60652 • Commercial - Retail • Active

  • 7737 S Kedzie Avenue, Unit 7739, Chicago, IL 60652 Main Photo

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Description

FREESTANDING COMMERCIAL BUILDING FOR SALE - REAL ESTATE ONLY - Rare opportunity to acquire a 4,912 SF freestanding commercial building in Chicago's Ashburn neighborhood with C1-1 zoning. The building features approximately 500 SF of finished office/customer area and 4,400 SF of open workspace. Ceiling heights range from approximately 13' at the lowest point to 18' at the highest point. Two new drive-in overhead doors provide approximately 10' clearance to accommodate trucks. Additional features include a heated work area, an employee restroom with a shower, an electric water heater, 5 rear parking spaces, and upgraded natural stone finishes in the customer waiting area and restroom. OPERATING CAR WASH/DETAIL BUSINESS IS NOT INCLUDED AND IS OFFERED SEPARATELY. If the real estate is purchased without the business, all business equipment and trade fixtures will be removed prior to closing but can be negotiated on the buyer's need. Permanent building improvements remain, including the finished office/customer area, natural stone finishes, overhead doors, heating, and other building fixtures. The property offers a clean, heated, drive-in facility suitable for an owner-user seeking storage, contractor, service, automotive, or other permitted commercial use. Buyers interested in continuing the existing car wash/detail operation should inquire about purchasing the business and real estate together; the business is sold separately for $250,000 or both for $635,000. See MLS Listing #12724510 for the business offering. Buyer to verify zoning, permitting, and suitability for intended use. Do not disturb employees or customers.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1950

General Information

County: Cook
Listed By:
Chicago Real Estate Resources 773-327-9300
MRED MLS
$540,000
Est. $3,784/mo
Active
SQUARE FEET4,912 MLS#12724510
STATUSActive PROPERTY TYPECommercial - Retail

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7737 S Kedzie Avenue, Unit 7739, Chicago, IL 60652.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $540,000$540,000$540,000
Down Payment $108,000$18,900$135,000
Monthly Mortgage Amount $2,874$3,528$3,528
Taxes $752$752$752
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$238$0
Monthly Estimated Total $3,784$4,676$4,438

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