14,400 SF Former Family Dollar (REO for sale)

  • Screen-Shot-2019-02-13-at-5.22.25-PM

Project Category: Substantial Improvement Property

  • Summary

    Excellent redevelopment opportunity in dense infill market.

  • Details
    Project Qualification: Substantial Improvement Property
    Real Estate: Retail
    Total Capital Required: $469,000
    Project Control: We own all the key property
    Timeline: Less than 30 days
    File: PHOENIX_property_FamilyDollarQOZ_01.pdf
     Address: 435 W 115th St Chicago Illinois 60628 United States
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  • Project Narrative
    Project Narrative:

    Ideal for a neighborhood grocery store, laundromat, dollar store, community center, medical facility, banquet hall, martial arts studio, gym, pet store, and more.*

    Investment highlights:
    • 14,426 SF free standing building, 29,908 SF site • Parking lot for 21 vehicles
    • Highly trafficked thoroughfare with 12,200 VPD • Lender took title on July 27, 2017
    • Currently listed at $469,000, sold “as is”
    • Zoning: B3-1, Community Shopping District

    *Verify zoning and use with the city of Chicago.