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$120,000
Est. payment /mo
1,375 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 1,375 sqft
Price per Sqft $87
MLS Listing ID 12675837
Year Built 1921
Annual Tax Amount $4,608
Tax Year 2025
Lot Dimensions 2500
Property Sub-Type Retail/Stores
Property Description
451 E. 75th Street presents an exceptional opportunity to acquire a neighborhood commercial asset in the heart of Chicago's thriving Chatham/Park Manor trade area. This one-story, B1-1-zoned commercial building is strategically positioned along the highly trafficked 75th Street corridor, an area benefiting from ongoing public and private investment that continues to attract new businesses, residents, and consumers. The property offers excellent visibility, convenient access, and the flexibility to accommodate a variety of retail, service, office, and neighborhood-oriented commercial uses. Location is a major driver of value here. Just blocks from the award-winning Lem's BBQ, a celebrated James Beard-recognized destination, and the beloved Brown Sugar Bakery, the property sits among some of the South Side's most established neighborhood anchors. It is also surrounded by popular dining and entertainment venues, including Park Manor 75, an elevated cocktail lounge that contributes to the area's growing nightlife and social scene. As redevelopment activity continues along the 75th Street corridor, investors and owner-operators alike have an opportunity to establish a presence in one of Chicago's most recognizable and steadily evolving commercial districts.
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
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Listed by Eyliece Richardson of Keller Williams ONEChicago