This single story commercial building has eight (8) exterior entrances to a space that provides an easily divisible interior. Previously used as a non profit social service agency serving the residents of the Austin community. This property is for Sale or Lease —Prime Commercial Opportunity: 4,987 SF Freestanding Building with 8-Unit Subdivision Potential **Property Type:** Commercial (Retail / Office / Medical / Service) **Building Size:** 4,987 Sq. Ft. (1-Story) **Zoning:** B3-2 In Chicago, B3-2 designates a Community Shopping District. The “B3” means the area is zoned for a wide variety of retail, business, and service uses, while the “-2” specifies the density, bulk, and parking rules for the property. B3 Means: Community Shopping District. Permitted Uses: Allows larger stores, shopping centers, and commercial businesses that often serve a wider trade area. It permits more business types than B1 and B2 districts. Unlock unparalleled versatility with this single-story 4,987 sq. ft. commercial building. Offered as a **full-building purchase**, this property is a blank canvas for an owner-user looking for a flagship headquarters, or a savvy developer aiming to maximize rental yields. The building’s defining feature is its flexibility: featuring **8 separate exterior entrance doors**, the interior can be effortlessly demised into up to 8 independent, rentable suites. ## Investment Highlights * **Maximum Demising Flexibility:** Already configured with 8 separate exterior entryways. Divide the space into 2, 4, 6, or 8 separate units based on market demand. * **Diverse Tenant Mix:** Ideal for medical clinics, professional office suites, boutique retail, or local service businesses. * **Risk Mitigation:** Multi-tenant capability allows you to diversify your income streams and drastically reduce vacancy risk. * **Single-Story Accessibility:** Convenience with no elevators or stairwells required, offering excellent ADA compliance potential. ## Potential Configurations | **The Flagship** | 1 Single Tenant | ~4,987 sq. ft. | Urgent care, corporate HQ, mid-size retail | | **The Executive** | 2 to 4 Units | ~1,250 – 2,500 sq. ft. | Law firms, dental practices, physical therapy | | **The Incubator** | 5 to 8 Units | ~620 – 1,000 sq. ft. | Salons, insurance agencies, boutique tech offices | Property Features & Amenities * **Structure:** Durable, low-maintenance 1-story construction. * **Location Perks:** Situated in a high-growth corridor just across the street from the newly renovated CTA’s Green Line Transit station at Austin and Corcoran. * *Developer’s Note:** Properties with this level of built-in subdivision potential are rare. Whether you want to occupy a portion and lease the rest, or fully redevelop the interior into a high-yield multi-tenant business park, the infrastructure is already here. To schedule a private walkthrough use Showing Time. For more information, please contact: Listing Agent: Michelle Bolden, United Real Estate Chicago
Property Details
Price:
$395,000
MLS #:
MRD12681290
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chiaustin
Listed Date:
Jun 18, 2026
Total Sq Ft:
4,987
Year Built:
1921
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Concrete
Exterior
Construction Materials
Brick
Roof
Membrane
Stories
1
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2025
Taxes
$4,872
Map
Community
- Address335 N Mason Avenue #1-8 Chicago IL
- CityChicago
- CountyCook
- Zip Code60644
Market Summary
Current real estate data for Commercial in Chicago as of Oct 07, 2026
888
Commercial Listed
185
Avg DOM
$1,021,299
Avg List Price
Property Summary
- 335 N Mason Avenue #1-8 Chicago IL is a Commercial for sale in Chicago, IL, 60644. It is listed for $395,000
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Copyright 2026. All rights reserved.
335 N Mason Avenue #1-8
Chicago, IL


