$1,300,000
Prime Industrial Building for Sale at 4542 W Cermak Rd – 18,000 SF Warehouse & Office in Chicago, IL 60623
Chicago, Illinois
Soft OfferPrime Commercial Opportunity: 900 SF Office/Retail Condo in Bronzeville Offered at $180,000 | Located at 401-417 E Oakwood Blvd (Grand Terrace)
401-417 E Oakwood Blvd, Chicago, Illinois 60653
$180,000
$3.77 / sq ft 8.67% cap rate Listed Jul 10, 2026
47,700 sqft
Building
1 acres
Lot
1916
Built
4
Stories
16
Parking
1
Units
About this property
Prime Commercial Opportunity: 900 SF Office/Retail Condo in Bronzeville Offered at $180,000 | Located at 401-417 E Oakwood Blvd (Grand Terrace) is an office space for sale in Chicago, Illinois, listed at $180,000. Key details: year built 1916, building size 47,700 sqft, lot size 1 acres, stories 4. Listed by Tony Hardy of Keller Williams ONEChicago on LoopingCloud and last updated July 10, 2026.
Secure a strategic position in the historic Bronzeville district with this high-potential commercial asset. This property offers the perfect balance of immediate, reliable income and significant growth potential within one of Chicago’s most rapidly transforming corridors.
Investment Highlights
-
Immediate Revenue: Benefit from existing, stable cash flow perfect for portfolio stabilization.
-
High-Visibility Positioning: Located on a high-traffic thoroughfare, ensuring excellent exposure for any current or future business operations.
-
Operational Flexibility: The property features a versatile layout designed to accommodate a wide range of lease structures, minimizing downtime and maximizing tenant retention.
-
Market Upside: Leverage the ongoing economic revitalization of the South Side, where sustained development and infrastructure improvements continue to drive asset value upward.
Key highlights
- Occupied
- B3-3
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1916
- Building Size
- 47,700 sqft
- Lot Size
- 1 acres
- Stories
- 4
- Parking Spaces
- 16
- Total Units
- 1
- Building Class
- Class B
- Occupied
- Yes
- Occupancy
- 100%
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Net Operating Income
- $15,600
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
8.67%
Cap rate
$15,600
Net operating income
$3.77
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $180,000 | 8.67% | - | - | - |
Features and amenities
Property Other Use Types
- B3-3
Highlights
- high foot traffic and proximity to public transportation, local businesses, and residential developments,
Location
Address as shown by the lister.
Get directionsAbout this area - Chicago
- Population
- 34,502
- Housing units
- 16,737
- Land area
- 2.2 sq mi
- County
- Cook
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Links
1 linkAdditional contacts
1 person to reach- Travis MontgomerySenior Director (773) 946-8816
Frequently asked questions
What is the asking price of Prime Commercial Opportunity: 900 SF Office/Retail Condo in Bronzeville Offered at $180,000 | Located at 401-417 E Oakwood Blvd (Grand Terrace)?
Prime Commercial Opportunity: 900 SF Office/Retail Condo in Bronzeville Offered at $180,000 | Located at 401-417 E Oakwood Blvd (Grand Terrace) is listed at $180,000. That works out to about $3.77 per square foot. The stated cap rate is 8.67%.
Where is Prime Commercial Opportunity: 900 SF Office/Retail Condo in Bronzeville Offered at $180,000 | Located at 401-417 E Oakwood Blvd (Grand Terrace) located?
The property is in 401-417 E Oakwood Blvd, Chicago, Illinois 60653, Cook County.
What type of property is this?
This is an office space for sale in the commercial category.
How big is the property?
The building is 47,700 sqft. The lot is 1 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Tony Hardy of Keller Williams ONEChicago listed this property. Use the Request Info button to send a message or call (773) 575-6082.
When was this listing published?
It was published on July 10, 2026 and last updated on July 10, 2026.
Listing information
- Listing ID
- CL-Illinois-27989
- Published
- Jul 10, 2026
- Last updated
- Jul 10, 2026
Report a problem with this listing
Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
More from Tony Hardy
Price Upon Request
Prime 18,000 SF Industrial & Warehouse Space for Lease – Cermak Road Corridor, Chicago, IL 60623
Chicago, Illinois
Soft Offer
Price Upon Request
Single-Tenant Office and Retail Space for Lease in Hyde Park, Chicago
Chicago, Illinois
Soft Offer
Price Upon Request
Lofted Office Space for Lease in Chicago, IL | 2251 S Michigan Ave
Chicago, Illinois
Soft OfferSimilar properties
$11,250,000
Commercial
Aug 31, 2026
59981 sqft
Office space
Office Building
565 W. Randolph St Chicago | West Loop Office-to-Residential Conversion Opportunity
565 W Randolph St, Chicago, IL Chicago, Illinois 60661
$813,000
Commercial
Nov 10, 2026
1318 sqft
Office space
Office Building
1110 BRICKELL Avenue 808A-C
1110 BRICKELL Avenue 808A-C Miami, Florida 33131
$1,482,300,000
Commercial
Nov 6, 2026
1969 sqft
Office space
Office Condo
Premier Corporate Office for Sale - Oficina Ejecutiva en Edificio North Point, Bogotá
Torre North Point E Bogota, Distrito Capital 110131
$1,500,000
Commercial
Nov 6, 2026
Office space
Medical Office
Turnkey Medical & Dental Office Building for Sale Freestanding Commercial Asset Near Coral Gables & Little Havana, Miami, FL 33135
3944 West Flagler Street Coral Gables, Florida 33134
