Listing provided courtesy of SK Properties Group, LLCMREDas Distributed by MLSGrid- MLS# 12554969
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Request Info418 E 43rd StreetChicago, IL 60653
Commercial · 12,000 Sq. ft.$1,900,000
Active
418 E 43rd Street Overview
- Time on Site:
- 154 days
- Visits:
- 1
One-story commercial building offering 12,000 square feet of rentable space plus an additional 704 square feet designated for parking. The building is zoned B3-3, allowing various business uses, including large grocery stores, medical centers, restaurants, professional offices, retail shops, banks, and many other types of businesses. It is located in the revitalizing Bronzeville neighborhood, which features several new residential developments, such as townhomes, condominiums, single-family homes, and apartment rentals. The property sits on a main thoroughfare of East 43rd Street, with Cottage Grove a few blocks to the east and King Drive a few blocks to the west. Accessible public transportation includes the bus line on East 43rd Street and the elevated Green Line, located a few blocks to the west. This is a NNN lease with a base rent of $17.58 and passthroughs of $3.78 for real estate taxes. The property is also being offered for sale at $1.9 million.
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418 E 43rd Street Facts & Features
- Type Commercial
- Sq. ft. 12,000
- Price/Sq.ft. $158
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Net
- Net Operating Income: 0
Building Information
- Year Built: 1942
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Grand Boulevard
Rent/Lease Information
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes
Tax Information
- Tax Annual Amount: $46,064.00
- Tax Year: 2023
General Information
- Parcel Number: 20032220360000
- Property Sub Type: Retail
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 12000
General Information
- Cooling: Central Air
- Electric: Circuit Breakers
- Leasable Area: 12000
- Stories: 1
Unit Information
- Unit SqFt.: 12000
Exterior
Lot Information
- Additional Parcels: Yes
- Lot Size Dimensions: 110X110
- Lot Size Square Feet: 12284
General Information
- Number Of Units Total: 1
418 E 43rd Street Neighborhood
Community
60653 (Chicago) Demographics
35
Median Age
11,237
Population Density (per sq. mile)
43%
College Educated
$34,621
Estimated Median Income
4,433
Estimated Total Home Owners
11,501
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.418 E 43rd Street Monthly Cost
418 E 43rd Street Market Data
Based on the last 30 days in this zip code
$445,053
Average List Price
$227
Average Price per Square Foot
19
Properties Sold
46
Average Days on Market
72
Properties for Sale
418 E 43rd Street History
| Date | Value | Agent |
|---|---|---|
| 1/31/2026Source: MRED | Active |
|
| 1/26/2026Source: MRED | January 26, 2026 |