1948 E 71st Place, Chicago, IL
  • $1,300,000

Description

Rare South Shore Commercial/ Industrial / Flex Fleet Facility 1948 E. 71st Place presents a unique opportunity to acquire a large-scale urban industrial/flex asset in the rapidly evolving South Shore neighborhood of Chicago. Originally designed as a parking garage and currently operating as an automotive and towing facility, the property offers approximately 17,846 SF of industrial/commercial space with the ability to accommodate approximately 48 vehicles including rooftop parking capacity. The property benefits from commercial/industrial zoning, two drive-in doors, 15′ clear heights, and a full-building footprint configuration rarely available within dense urban neighborhoods on Chicago’s South Side. The building’s flexible configuration makes it suitable for a variety of owner-user and investment strategies including: Fleet operations Contractor headquarters Towing and impound Vehicle storage Logistics support Municipal contractor operations Automotive repair/service Redevelopment hold Located near major transportation corridors and positioned within the broader South Shore/Jackson Park investment corridor influenced by the Obama Presidential Center and ongoing commercial revitalization efforts, the property offers both immediate utility and long-term strategic upside.

  • Listing Courtesy of: Century 21 IMPACT

Details

Updated on June 29, 2026 at 12:01 am
  • Property ID MRD12689733
  • Price $1,300,000
  • Year Built 1926
  • Property Type Industrial
  • Property Status Active
  • Parcel Number 20251090120000
  • MLS Status New
  • Cumulative Days On Market 1
  • Tax Annual Amount 17588
  • Cooling None
  • Directions DAN RYAN EXIT 75TH - EAST TO STONY ISLAND - NORTH ON STONY ISLAND TO 71ST ST - SOUTH ON 71ST ST TO 71ST PL - 71ST TO DESTINATION ON
  • BuildingAreaTotal 18000
  • LotSizeSquareFeet 17800
  • StoriesTotal 2
  • Zoning COMMR
  • Address 1948 E 71st Place
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60649
  • Country United States

Overview

Property ID: MRD12689733
  • Industrial
  • Property Type
  • 1926
  • Year Built

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