5132 S Racine Avenue, Chicago, IL 60609
Cook County
Key Facts
Description
Unlock the potential of this commercial building, currently operating as a successful convenience store in a prime, high-visibility location on bustling Racine Avenue. This versatile property offers an exceptional opportunity for investors seeking strong cash flow or owner-users looking to secure their own business location while benefiting from an established income-producing operation. Constructed with durable brick masonry, the property features a turnkey business with approximately $370,000 in inventory and approximately $150,000 in equipment included in the sale. The business has been successfully operating for seven years and has built a loyal, established customer base. The facility is equipped with surveillance cameras, multiple workstations, and restroom facilities, providing a functional and efficient operating environment. The site offers approximately 60 outdoor parking spaces, providing excellent accessibility and convenience for customers and employees. The property consists of one PIN and presents significant flexibility for continued retail use or future redevelopment opportunities permitted under its R2 zoning designation. Whether you are an experienced investor or an entrepreneur seeking a strategic location with immediate income potential, this property delivers outstanding value, versatility, and long-term upside. Don't miss this opportunity to acquire a proven business and income-producing real estate in a high-demand commercial corridor. Call today to schedule a private showing of this exceptional commercial property.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1926
Stories
1
Living Area
11,400 sq ft
Lot Size
41,031 sq ft
Lot Dimensions
110X375
Zoning
RTAIL
Days on Market
7
MLS® Listing#
12670130
Property Features
Flooring
Construction
Foundation
Roof
Utilities
Financial Details
Annual Taxes
$37,593
Tax year 2025
Parcel Number
20083070390000
Directions
take racine north or south to address
Affordability Calculator
$340,000
Estimated monthly payment
$9,048/mo
Principal $1,360,000 · Est. interest $1,897,321 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $389,049
- Median Listing Price
- 46
- Median Days on Market
- 1,422
- Median Sq Ft
- $277
- Median Price / Sq Ft
- 4,620
- Active Listings
- This home’s price is 337% above the area median.
- Its price per sq ft is 46% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
- 5132 S Racine Avenue, Chicago, IL 60609
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Second Chance High School
Secondary · 0.1 mi away
Sherman School of Excellence
Elementary · 0.3 mi away
Libby Elementary School
Elementary · 0.3 mi away
Hamline Elementary School
Elementary · 0.5 mi away
Visitation Catholic School
Elementary · 0.6 mi away
Chicago Public Schools
Elementary · 0.6 mi away
Chicago Public Schools
Secondary · 0.6 mi away
Big Picture High School
Secondary · 0.7 mi away
Chavez Elementary Multicultural Academy
Secondary · 0.7 mi away
Fulton Elementary School
Elementary · 0.7 mi away
Cesar Chavez Upper Center
Elementary · 0.7 mi away
Dewey School of Excellence
Secondary · 0.8 mi away
Tilden High School
Secondary · 0.8 mi away
Hope College Prep High School
School · 0.9 mi away
Chicago Public Schools
School · 0.9 mi away
First Start Academy South
School · 0.9 mi away
Regeneration Schools
School · 0.9 mi away
Cics Basil
Elementary · 0.9 mi away
Chicago Public Schools
Elementary · 0.9 mi away
Kipp Bloom
Elementary · 1.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1939 W Thomas Street, Chicago, IL | $1,190,000 | 7 | 4 | — |
| 2159 N Laramie Avenue, Chicago, IL | $1,190,000 | — | — | — |
| 3820 N Damen Avenue 3, Chicago, IL | $1,195,000 | 3 | 3 | 1,720 |
| 4420 N Clark Street GF, Chicago, IL | $1,195,000 | — | — | 4,000 |
| 200 W Superior Street, Chicago, IL | $1,195,000 | — | — | 2,500 |
| 5747 N Maplewood Avenue, Chicago, IL | $1,197,700 | 3 | 4 | 3,000 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: HomeSmart Realty Group - 7083200002
Last Updated: 2026-06-17