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335 North Mason Avenue N, Unit 1-8Chicago, IL 60644Price: $475,000

  • Price: $475,000
  • 2 Days on Market
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Federal 30-year interest rate: 6.47% last updated on Jun 18, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $475,000List Price
  • 1921Year Built
  • 4,987Square Feet

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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

Property Details of 335 North Mason Avenue N, Unit 1-8

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Listed by Michelle Bolden of United Real Estate - Chicago

Based on information submitted to MRED  as of June 19, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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