6310 Grand AveChicago, IL 60639

For Sale
$1,495,000

High-yield, multi-use property near Brickyard Mall.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property, located at 6310 W Grand Ave, Chicago, IL 60639, presents a compelling investment opportunity. The 21,000-23,000 square foot building, constructed in 1956 and renovated in 2016, sits on a 24,000 square foot lot and boasts a 9% cap rate. Currently configured for multiple uses including grocery, quick-service restaurant, and storefront retail, this single-unit, Class B property offers significant redevelopment potential. The property features four dock-high doors, 25 parking spaces, and a 20-foot ceiling height. The B-2-3 zoning allows for a variety of uses. Recent upgrades include a new boiler, electrical system, plumbing, and tuckpointing. The property's strategic location near Riis Park and the Brickyard Mall, with over 25,000 vehicles passing daily, ensures high visibility and accessibility. The asking price is $1,495,000. While currently leased for a short term, the property is ideally suited for owner-users seeking a versatile space or developers envisioning future expansion. All information should be independently verified.

Highlights

  • Currently operating as a soccer facility.
  • Recently updated boiler.
  • Ample off-street parking for 25+ vehicles.
  • Benefits from a stable, long-term tenant.
  • Recent upgrades include electrical, plumbing, and water systems.
  • Exterior tuckpointing recently completed.

Property Details for 6310 Grand Ave

Property type
Other specialty properties, Other retail properties
Square Feet
21,000 SF
Class
B
Year Built/Renovated
1956/2016
Buildings
1
Stories
1
Units
1

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.922069573647
Longitude
-87.783647077233
6310 Grand Ave, Chicago, Illinois

FAQs

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6310 Grand Ave
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