$900,000

1948 E 71st Place, Chicago IL, 60649

Price per sqft$50.00

Built in1926

Property size18,000 sqft

Property typeCommercial

Listed by Yanira Doyle with Century 21 IMPACT 815-221-8400

Overview

Active

Price Change

Listed Jun 26, 2026

Updated 4 days ago

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.

Additional information

MLS^® ID: 12689733

Interior Features

Bedrooms: 0
Basement: No

Exterior Features

Lot Size: 0.41 Acres

Other Property Details

Taxes: $17,588
Tax Frequency: Annually

Listed by Yanira Doyle with Century 21 IMPACT 815-221-8400

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