1911 W Chicago Ave
4,945 SF 100% Leased Retail Building Chicago, IL 60622 $1,299,000 ($263/SF)
INVESTMENT HIGHLIGHTS
- Stabilized asset with a strong tenant mix, room for rent growth and upside through further development
- Fully occupied
- Excellent West Town location, Located within the Chicago Avenue T.O.D boundaries
- This property is owned by an Illinois Real estate broker
EXECUTIVE SUMMARY
A 2-story mixed-use building with two (2) residential units, one (1) retail unit, and a 2-car garage. New 5-year lease on the retail space. Apartments can be cosmetically updated to achieve increased rents. This property is owned by an Illinois Real estate broker.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,945 SF
Building Class
C
Year Built
1920
Price
$1,299,000
Price Per SF
$263
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.62
Lot Size
0.07 AC
Zoning
B3-2 - Community Shopping District
Frontage
19 FT on W Chicago Ave
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (71)
Bike Score®
Biker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
Parcel Number | 17-07-200-019-0000 | Improvements Assessment | $54,008 |
Land Assessment | $21,992 | Total Assessment | $76,000 |