2032 W Irving Park Rd
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2032 W Irving Park Rd
2,284 SF 100% Leased Retail Building Chicago, IL 60618 $675,000 ($296/SF) 5.20% Cap Rate
Investment Highlights
- Solid Mid-Century Built 2-Story in the Heart of Northcenter
- Separate HVAC Systems in Each Unit
- Rear Yard and Garage
Executive Summary
Fantastic owner/user opportunity with development potential
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,284 SF
Building Class
C
Year Built
1954
Price
$675,000
Price Per SF
$296
Cap Rate
5.20%
NOI
$35,119
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.73
Lot Size
0.07 AC
Zoning
B1-1 - Good for any office/retail use.
Frontage
25 FT on W Irving Park Rd
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- State Farm
- Finance and Insurance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| State Farm | Finance and Insurance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score ®
Walker's Paradise (96)
Bike Score ®
Biker's Paradise (95)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 14-18-330-020-0000 | Total Assessment | $45,000 (2024) |
| Land Assessment | $28,500 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $16,500 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
14-18-330-020-0000
Land Assessment
$28,500 (2024)
Improvements Assessment
$16,500 (2024)
Total Assessment
$45,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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2032 W Irving Park Rd
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