Prime Western Ave Commercial Building with Rear Outbuilding

Asking Price$399,999

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.1500

Price per Sq. Ft.$267.00

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Prime Western Ave Commercial Building with Rear Outbuilding


Asking Price$399,999

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.1500

Price per Sq. Ft.$267.00


Seller Financing Available
Property Description
Rare Two-Property Opportunity
7407 S. Western Avenue is a freestanding B1-2 zoned commercial property featuring approximately 1000 sq ft of recently remodeled office space, a private bathroom, and separate rear outbuilding providing additional workspace or storage. Situated along highly traveled Western Avenue, the property offers excellent visibility and substantial outdoor space with an approximate 3,150 sq ft lot making it well suited for a variety of retail, service, professional, or owner-user business opportunities.

Currently, this building is operated in conjunction with neighboring 7419 S. Western Avenue as part of the owner’s automobile dealership operation. 7407 and 7419 are separately listed and may be purchased individually or together.

***Buyer to verify zoning, permitted use, and licensing with the City of Chicago. – 7419 Western (Which is a mixed use building zoned C2-2 and operating as a successful car dealership)***
About the Property
Type
Retail
Building Status
Established
Facilities & Assets
Remodeled freestanding office building with an open, functional layout, desk/work areas, and private bathroom. The property also includes a separate rear outbuilding currently used for vehicle detailing and additional workspace/storage. The site provides substantial outdoor space with room for approximately 35 vehicles, depending on layout and use.
***Buyer to verify all permitted uses, zoning, licensing, and parking capacity with the City of Chicago***
Location Description
Located along busy Western Avenue, offering strong visibility, steady traffic, and convenient access to surrounding Chicago neighborhoods and nearby major thoroughfares. The property benefits from a prominent commercial corridor with a mix of retail, service, and business uses.
Current and Prior Use
Sales office and auto detailing for auto dealership next door at 7419 Western Ave.
Year Built
1927
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Property taxes: $3,102 for 2024; heat apx $1,050, Trash apx $900, electric apx $1,800 all annualy
Listing Info
ID:
2551584
Listing Views:
Attached DocumentsAttachment Disclaimer

MLS Sheet for 7407 S Western Ave.pdf


Listing ID: 2551584 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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