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$2,200,000 $2,000,000 Estimate Your Mortgage
2816 W Cermak Rd, Chicago, IL 60623
0 Beds
0 Baths
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BUSINESS FOR SALE WITH REAL ESTATE! The iconic K's Department Store is for sale after 50 years in business serving Little Village, Lawndale, Pilsen & West Chicago Township. The building features nearly 15,000 sq ft of first floor retail space & 5 residential units for an additional 5,400 sq ft. Location, size, and visibility is unmatched. Property has two large retail entrances each open to their own 75' x 122' and 50' x 120' retail space connected through open walkway to form a staggering 125' x 122' high ceiling open retail environment. This quintessential piece of real estate spans two double and one single contiguous lots right on W. Cermak Rd and adjacent to S California Ave. Zoned B3-2 and in a busy community shopping district; ideal location for a shopping center, large stores, retail storefronts, tech hub or many other possibilities. The building features offices, inventory rooms and additional facilities. *$700k hands off rev, $2 Million/ year under active management.
  • Price:
  • $2,000,000
  • Acreage:
  • 0.35
  • Year Built:
  • 1934
  • Listing ID #:
  • 10276101
  • Street Address:
  • 2816 W Cermak Rd
  • City:
  • Chicago
  • State:
  • Illinois
  • Postal Code:
  • 60623
  • County:
  • Cook
  • Listing Status:
  • Active
  • Age Of Dwelling:
  • Older
  • Construction Description:
  • Brick
  • Exterior Description:
  • Brick
  • Number Of Units:
  • 5
  • Stories:
  • 3
  • Year Built:
  • 1934
  • Existing Land Use:
  • Commercial, Condominium
  • Lot Square Footage:
  • 15256
  • Suitable Use:
  • Commercial, Residential-Multi-Family, Retail, Single Room Occupancy
  • Property Taxes:
  • $17,388
  • Tax Year:
  • 2017
  • Tenant Pays:
  • Scavenger
  • Cooling System:
  • Central Air
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By RE/MAX Suburban
  • MRED

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