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1809 W Webster Ave

12,200 SF 100% Leased Retail Building Chicago, IL 60614 $3,950,000 ($324/SF) 8.43% Cap Rate

Executive Summary

Would be a perfect fit for owner-occupied day care facility. Rare Opportunity to own a Property in the best location, first time being sold in 30+ years!!! Property consists of 2 buildings, main building is built out for 4 commercial spaces.The current tenants include Frame Factor and Simes Studio. The second building is a frame two story structure, occupied by a Dog Day Care, on the wood street side double lot. This Mixed-Use property offers a wide range of potential possibilities for Residential, Stores or offices under C1-3 zoning. 23,000 square feet of land, which includes ample on-site parking. DOES NOT INCLUDED BILLBOARD.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,200 SF
Building Class
C
Year Built
1943
Price
$3,950,000
Price Per SF
$324
Cap Rate
8.43%
NOI
$332,871
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
1.00
Land Acres
0.28 AC
Zoning
C1-3 - Neighborhood Commercial District
Parking
28 Spaces (2.3 Spaces per 1,000 SF Leased)
Frontage
113 FT on Webster Ave

Amenities

  • Signage
Walk Score ®
Very Walkable (83)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

BMO
Starbucks
Goldfish Swim School
Mariano's
Bank of America
Capriotti's
F45 Training, Inc.
Jewel-Osco
ALDI
Fresh Thyme Farmers Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-31-210-036-0000
Land Assessment
$61,758
Improvements Assessment
$41,266
Total Assessment
$103,024
  • Listing ID: 32734785

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 1809 W Webster Ave, Chicago, IL 60614

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