350 E 115th St 3,750 SF Vacant Flex Building Chicago, IL 60628 $158,838 CAD ($42.36 CAD/SF)

This mixed-use property at 350 E 115th Street in Chicago presents a compelling redevelopment opportunity for investors and developers. Priced at $115,000, the asset offers a cost-effective entry point into a neighborhood with strong connectivity and urban infrastructure. While approximately 25% of the structure sustained fire damage, the remaining portion is usable, and contractors have already been engaged to assess and stabilize the property. This creates a unique scenario for repositioning the building into a modernized mixed-use facility while leveraging its existing framework.
The property’s location in Cook County provides access to major transportation routes, including I-94 and I-57, facilitating convenient travel throughout the Chicago metropolitan area. The surrounding area features a mix of residential and commercial uses, offering potential for retail, office, or service-oriented tenants. Built in 1906, the building carries historical character that can be incorporated into a redevelopment plan, appealing to businesses seeking distinctive space. With zoning that supports multiple uses, this site is well-suited for creative repositioning strategies, from professional services to boutique retail concepts.