335 N Mason Avenue 1-8, Chicago, IL, 60644

$475,000

About 335 N Mason Avenue 1-8

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

Additional Information: This property is located in the CHI - Austin neighborhood, IL. This bedrooms retail/stores property is priced at $475,000.

Facts & Features

MLS® # 12681290
Price $475,000
Bathrooms 0.00
Taxes $18,283
HOA Fees Freq. Not Applicable
Year Built 1921
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 335 N Mason Avenue 1-8
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60644

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Membrane
Foundation Concrete Perimeter

Additional Information

Days on Market 33
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $18,283

Listing Details

OfficeUnited Real Estate - Chicago

Listing Map

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