335 N Mason Avenue #1-8, Chicago, IL 60644
Description
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
- Listing Courtesy of: United Real Estate - Chicago
Details
Updated on June 19, 2026 at 1:14 pm-
Property ID MRD12681290
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Price $475,000
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Year Built 1921
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Property Type Bad
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Property Status Active
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Parcel Number 16084010010000
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Water Source Municipal Water
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MLS Status New
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Cumulative Days On Market 1
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Tax Annual Amount 18283
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Cooling Central Air
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Directions One (1) block East of Austin Blvd, just south of the CTA's green line train on Corcoran. Three blocks west of Central Avenue, just south of the CTA's green line train on Corcoran.
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Association Fee Frequency Not Applicable
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BuildingAreaTotal 4987
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LotSizeSquareFeet 4987
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StoriesTotal 1
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Zoning COMMR
Address
Open on Google Maps- Address 335 N Mason Avenue #1-8
- City Chicago
- State/county IL
- Zip/Postal Code 60644
- Country United States
Overview
- Bad
- 1921
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