Date
Details
Price
Change
Source
1/26/2026
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/10
$1,900,000
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1/10
Property Description
One-story commercial building offering 12,000 square feet of rentable space plus an additional 704 square feet designated for parking. The building is zoned B3-3, allowing various business uses, including large grocery stores, medical centers, restaurants, professional offices, retail shops, banks, and many other types of businesses. It is located in the revitalizing Bronzeville neighborhood, which features several new residential developments, such as townhomes, condominiums, single-family homes, and apartment rentals. The property sits on a main thoroughfare of East 43rd Street, with Cottage Grove a few blocks to the east and King Drive a few blocks to the west. Accessible public transportation includes the bus line on East 43rd Street and the elevated Green Line, located a few blocks to the west. This is a NNN lease with a base rent of $17.58 and passthroughs of $3.78 for real estate taxes. The property is also being offered for sale at $1.9 million.
Full Property Details
Full Property Details for 418 E 43rd St
General
- Price: $1,900,000
- Taxes: $46,064 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12554969
- Updated: 2/1/2026
- Added to Site: 25 day(s) ago
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Driving Directions: East on 47th Street to the location, north side of the Street.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 12,000
- Year Built: 1942
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 12,284
- Lot Dimensions: 110 x 110
- Zoning: COMMR
Financial Considerations
- Lease Price: $18
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1942
- Tax Amount: $46,064
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes
Disclosures and Reports
- Property ID: 20032220360000
Listed by SK Properties Group, LLC
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Listing agent
— 418 E 43rd St —
SK Properties Group, LLC
NMLS#: 1598647
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Schools
Schools serving 418 E 43rd St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Fuller Elementary School 4214 South Saint Lawrence Avenue, Chicago, IL 60653 | PK-3 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 418 E 43rd St
Tax History
Tax History for 418 E 43rd St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$37,884
3%
$178,963
—
2022
$36,925
2%
$178,963
—
2021
$36,095
-11%
$178,963
-2%
2020
$40,767
11%
$182,999
—
2019
$36,767
2%
$182,999
—
2018
$36,148
38%
$182,999
50%
2017
$26,263
7%
$122,000
—
2016
$24,435
9%
$122,000
—
2015
$22,356
17%
$122,000
19%
2014
$19,045
2%
$102,647
—
2013
$18,669
1%
$102,647
—
2012
$18,420
—
$102,647
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 418 E 43rd St
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- Commercial Lease
- Active
- Updated 2 days ago
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 1,479Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 958Sq. Ft.
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418 E 43rd Street, Chicago, IL 60653 (MLS# 12554969) is a Commercial property. 418 E 43rd Street is currently listed for $1,900,000 and was received on January 26, 2026. Want to learn more about 418 E 43rd Street? Do you have questions about finding other Commercial real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.