Here is the latest property we’ve looked at, we welcome your comments on all of them.
1645 E. 53rd
| Price | $650,000 | Property Sub-type | Office-Warehouse |
| Building Size | 4,500 SF | Property Use Type | Investment |
| Price/SF | $144.44 | Occupancy | 0% |
| Property Type | Office | Tenancy | Multiple |
Description
1645 E. 53rd is a two-story commercial retail/office property located in the heart of Hyde Park. The proper
consists of approximately 4,500 rentable square feet with 1,800 square feet of space on each of the 1st an
2nd floors and an additional 900 square feet of basement space. In addition, there are four parking spaces in the rear of the property for tenants or customers.
Currently, the property is vacant having previously been used for years by the owner and most recently by a salon operator. The property would make an ideal building for an owner user or for retail or office tenant looking to establish a presence on the prime 53rd Street commercial corridor in Hyde Park. The property ideally situated within a block of multiple bus lines, the 51st/53rd Street Metra train stations and Lake Shore Drive immediately to the east.
The building is located on a large lot measuring 24 feet wide by 150 feet deep. Given the core location, the also represents a terrific development opportunity. The current zoning is RM-5.