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Western-Howard Plaza 2341-2357 W Howard St

11,974 SF 100% Leased Retail Building Chicago, IL 60645 $2,500,000 ($209/SF) 7.36% Cap Rate

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EXECUTIVE SUMMARY

Incredible investment opportunity to purchase a shopping center on the corner of heavily trafficked Howard & Western Ave in Chicago. The center is comprised of long-term National Tenants anchored by Dollar General over 20 years in this location, Subway La Michocana Ice Cream, and a local pizzeria. Annual increases!

FINANCIAL SUMMARY (ACTUAL - 2023) 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
Net Operating Income	-	-

FINANCIAL SUMMARY (ACTUAL - 2023) 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

Net Operating Income
Annual	-
Annual Per SF	-

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

11,974 SF

Building Class

Year Built

1985

Price

$2,500,000

Price Per SF

$209

Cap Rate

7.36%

NOI

$183,906

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.58

Lot Size

0.47 AC

Zoning

B3-2

Parking

25 Spaces (2.08 Spaces per 1,000 SF Leased)

Frontage

230 FT on West Howard Street

AMENITIES

Restaurant

Signage

1 of 1

AERIAL
MAP
TRAFFIC

2341-2357 W Howard St, Chicago, IL - AERIAL map view

Walk Score®

Very Walkable (88)

Bike Score®

Very Bikeable (70)

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.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 11-30-300-008-0000 11-30-300-007-0000 11-30-300-048-0000	Improvements Assessment	$63,097 (2024)
Land Assessment	$231,154 (2024)	Total Assessment	$294,251 (2024)