Own a piece of Bronzeville| Four Tenants. One Investment. | All Brick Commercial Retail with Scheduled 2027 Rent Increases
Chicago, IL 60616
Property address: 200 E. 35th Street, Chicago, IL 60616. Reported property area: approximately 11,000 square feet Located in Chicago’s Bronzeville neighborhood, this fully occupied, four-unit, all-brick commercial retail building offers existing rental income from a tenant mix that includes gaming, a grocery store, and two restaurants, according to the seller. Since purchasing the property in 2024, the seller reports investing more than $200,000 in improvements, including new HVAC, electrical upgrades, and interior renovations. Both restaurant tenants have scheduled rent increases effective January 2027, providing an opportunity for increased rental income. Tenants reportedly pay their own utilities and maintain their respective units. The property’s tax assessment is currently being challenged; any resulting reduction could improve future operating results, but the outcome is not guaranteed. All seller-provided information is subject to buyer verification.
Building SqFt
N/A
Lot Size SqFt
11,000
Number of Buildings
1
Car Parking Spaces
20
Truck / Trailer Parking
N/A
Total Drive-In Doors
N/A
Total Loading Docks
N/A
Apx Warehouse SqFt
N/A
Apx Retail SqFt
11000
Zoning Type
rental
Business Use
retailmixed_use
Development Status
operation
Property Sub-Type
other
Ownership Type
FEE_SIMPLE
Current Licenses
N/A
Class
N/A
Tenancy
commercial_lease_typesfixed_term_lease
Property Lease Type
gross
Lease Expiration
N/A
Opportunity Zone
No
Lot Size SqFt
11000
Water Source
N/A
Sewer / Septic
N/A
Heat Source
N/A
Heat Fuel
N/A
Cooling Type
N/A
Other Utilities
N/A
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Home Price
Down Payment (%)
Loan Amount
$1,800,000
Interest Rate (%)
Est. Payment
$8,385
/ month
