$1,300,000
( $114.04Per Sq Foot )
 $6,979 est/mo Sourced by Back At You

5132 S Racine Avenue,Chicago, IL 60609

Chicago, IL 60609

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Description

Unlock the potential of this commercial building, currently operating as a successful convenience store in a prime, high-visibility location on bustling Racine Avenue. This versatile property offers an exceptional opportunity for investors seeking strong cash flow or owner-users looking to secure their own business location while benefiting from an established income-producing operation. Constructed with durable brick masonry, the property features a turnkey business with approximately $370,000 in inventory and approximately $150,000 in equipment included in the sale. The business has been successfully operating for seven years and has built a loyal, established customer base. The facility is equipped with surveillance cameras, multiple workstations, and restroom facilities, providing a functional and efficient operating environment. The site offers approximately 60 outdoor parking spaces, providing excellent accessibility and convenience for customers and employees. The property consists of one PIN and presents significant flexibility for continued retail use or future redevelopment opportunities permitted under its R2 zoning designation. Whether you are an experienced investor or an entrepreneur seeking a strategic location with immediate income potential, this property delivers outstanding value, versatility, and long-term upside. Don't miss this opportunity to acquire a proven business and income-producing real estate in a high-demand commercial corridor. Call today to schedule a private showing of this exceptional commercial property.

Details

MLS #12670130
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1926
Days On Site122
Listing Provided ByHomeSmart Realty Group | Telly Rayford

Features

SQ Feet11,400
Story(s)1
ZoningRTAIL

Interior

CoolingCentral Individual

Exterior

RoofRubber
Foundation DetailsConcrete Perimeter
Construction MaterialsBrick

Utilities

UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available
ElectricService - 201 to 600 Amps, Over 600 Amps

Taxes

Tax Year2025
Tax Annual Amount37593

Area Information

StateIL
CountyCook
CityChicago
Zip Code60609
AreaCHI New City
Listing VS Median (in 60609)
Price:
$1,300,000
low | high
Med:
$285,000
100% of Average
sqft:
11,400
low | high
Med:
1,855
100% of Average
$ / sqft:
$114
low | high
Med:
$154
15.270578478126% of Average
On site:
122
low | high
Med:
57
100% of Average
Sourced by Back At You

Market Activity 60609

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60609
AreaCHI New City
Listing VS Median (in 60609)
Price:
$1,300,000
low | high
Med:
$285,000
100% of Average
sqft:
11,400
low | high
Med:
1,855
100% of Average
$ / sqft:
$114
low | high
Med:
$154
15.270578478126% of Average
On site:
122
low | high
Med:
57
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 7:00:45 PM PDT
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