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63RD ST CENTER & FRANCISCO 2900-2908 W 63rd St
5,900 SF 100% Leased Retail Building Chicago, IL 60629 $595,000 ($101/SF) 9.26% Cap Rate
Investment Highlights
- HEAVY TRAFFIC
- SOLID BUILDING WITH ALL BRICK MASONRY WALLS
- CORNER LOCATION ON 63RD ST & FRANCISCO ST
Executive Summary
NATIONAL TENANT, LITTLE CAESARS PIZZA (HAS BEEN IN THE CENTER SINCE 2008) (AND HAS EXTENDED THEIR LEASE ANOTHER 15 YEARS) (THE LEASE IS GUARANTEE BY THE LITTLE CAESARS CORPORATION)
(NOW OPEN) HAROLD'S CHICKEN
CONVENIENT FOOD MART
UNIQUE PRINTING STORE
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$101,832
|
$17.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$101,832
|
$17.26
|
| Taxes |
$39,084
|
$6.62
|
| Operating Expenses |
$7,671
|
$1.30
|
| Total Expenses |
$46,755
|
$7.92
|
| Net Operating Income |
$55,077
|
$9.34
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $101,832 |
| Annual Per SF | $17.26 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $101,832 |
| Annual Per SF | $17.26 |
| Taxes | |
|---|---|
| Annual | $39,084 |
| Annual Per SF | $6.62 |
| Operating Expenses | |
|---|---|
| Annual | $7,671 |
| Annual Per SF | $1.30 |
| Total Expenses | |
|---|---|
| Annual | $46,755 |
| Annual Per SF | $7.92 |
| Net Operating Income | |
|---|---|
| Annual | $55,077 |
| Annual Per SF | $9.34 |
Property Facts
About 2900-2908 W 63rd St , Chicago, IL 60629
NEWER (SOLID BRICK) 5900 S.F. CENTER CONSTRUCTED IN 2007 ON A BUSY 63RD ST. WITH NATIONAL TENANT, LITTLE CAESARS PIZZA SINCE 2008 AND EXTENDED ANOTHER 15 YEARS LEASE WITH A CORPORATE GUARANTEE, (HAROLD'S CHICKEN NOW OPEN), CONVENIENT FOOD MART, AND UNIQUE PRINTZ 69
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Convenient Food Mart
- Retailer
- 1,850 SF
- -
- -
- -
- HAROLD'S CHICKEN
- Retailer
- 1,500 SF
- $12.00
- Full Service Gross
- -
-
- Retailer
- 1,400 SF
- -
- -
- -
Little Caesars® Pizza is one of the most iconic brands in the world. With throughout countries and territories across the globe, Little Caesars® Pizza is beloved by millions. Their signature Hot-N-Ready® model allows customers to walk in-and-out in seconds or less with an affordable pizza that is as fresh as it is delicious. In the billion dollar worldwide pizza industry, Little Caesars® Pizza stands out as a brand that has a legacy of helping franchisees thrive, and a path towards an even brighter future of strong growth. Little Caesars® Pizza offers world class support and makes significant investments in new technology to help your business stay relevant with customers. With a straightforward business model enhanced by a strong culture of support and state-of-the-art technology.
- UNIQUE PRINTZ 69
- Retailer
- 1,000 SF
- -
- Modified Gross
- Dec 2026
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Convenient Food Mart | Retailer | 1,850 SF | - | - | - | |
| HAROLD'S CHICKEN | Retailer | 1,500 SF | $12.00 | Full Service Gross | - | |
|
|
Retailer | 1,400 SF | - | - | - | |
| UNIQUE PRINTZ 69 | Retailer | 1,000 SF | - | Modified Gross | Dec 2026 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 19-13-329-034-0000 | Total Assessment | $66,871 (2023) |
| Land Assessment | $7,034 (2023) | Annual Taxes | $39,084 ($6.62/SF) |
| Improvements Assessment | $59,837 (2023) | Tax Year | 2022 Payable 2023 |
PROPERTY TAXES
-
Gus Tzoumas - GDT Properties, Inc
Presented by
GDT Properties, Inc
63RD ST CENTER & FRANCISCO | 2900-2908 W 63rd St
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