1400 W 103rd St
Chicago, IL 60643
Retail Property For Sale

Income-producing mixed-use asset located along the high-traffic 103rd Street corridor on Chicago’s South Side. The property features a fully built-out first-floor daycare facility under an NNN lease and a spacious second-floor 3-bedroom, 2-bath residential apartment, offering diversified revenue streams and reduced operational risk.
The NNN structure provides predictable cash flow with minimal landlord responsibilities, while the residential unit adds flexibility for rental income or owner occupancy.
Investment Highlights
• 8%+ cap rate on current income
• NNN commercial lease limits expenses
• Purpose-built daycare with strong neighborhood demand
• Residential unit enhances income stability
• Mixed-use asset mitigates vacancy risk
• Suitable for 1031 exchange, private investor, or owner-user
Building Details
• First Floor: Licensed daycare facility
• Second Floor: 3 BR / 2 BA apartment
• Separately metered
• Excellent street visibility
• Located in a dense residential and service-oriented corridor
Location Overview
Situated in a well-established South Side submarket surrounded by residential housing, schools, churches, and neighborhood retail. The area supports long-term demand for childcare, healthcare, and community-serving uses.
Ideal Buyer Profile
• Investor seeking stable cash flow
• Owner-operator daycare or service provider
• Buyer looking for live/work functionality
• 1031 exchange investor targeting essential-use real estate
Confidentiality Notice:
Do not disturb tenants. Financials and lease details available upon request.