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.
Property Details
Price:
$1,700,000
MLS #:
MRD12670130
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chinewcity
Listed Date:
Jun 17, 2026
Total Sq Ft:
11,400
Year Built:
1926
See this Listing
Schools
Interior
Cooling
Central Individual
Flooring
Concrete
Exterior
Construction Materials
Brick
Roof
Rubber
Stories
1
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2025
Taxes
$37,593
Map
Community
- Address5132 S Racine Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60609
Market Summary
Current real estate data for Commercial in Chicago as of Jun 18, 2026
912
Commercial Listed
185
Avg DOM
$992,845
Avg List Price
Property Summary
- 5132 S Racine Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60609. It is listed for $1,700,000
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Copyright 2026. All rights reserved.
5132 S Racine Avenue
Chicago, IL


