3539 N Southport Ave 1,150 SF Retail Condo Unit Offered at $1,295,000 in Chicago, IL 60657
INVESTMENT HIGHLIGHTS
- Spaces are located on the strongest retail corridor on the Northside of Chicago.
PROPERTY FACTS
| Price | $1,295,000 |
| Unit Size | 1,150 SF |
| No. Units | 1 |
| Total Building Size | 2,300 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 2,300 SF |
| Year Built | 2003 |
| Lot Size | 0.14 AC |
1 UNIT AVAILABLE
Unit 1S
| Unit Size | 1,150 SF |
| Price | $1,295,000 |
| Price Per SF | $1,126.09 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.90% |
| NOI | $89,409.22 |
DESCRIPTION
Fully Leased Retail Condo on Southport Corridor of Chicago.
SALE NOTES
Fully Leased Retail Condo on Southport Corridor of Chicago across from Anthropologie. 1,150 sq.ft. space with a 450 sq.ft. basement leased to THIRD LOVE, part of the LEAP BRAND of COMPANIES. Space is located on the strongest retail corridor on the Northside of Chicago. The area is not only a shopping corridor but also an entertainment and restaurant destination location with high household incomes and 7 Day-a-Week pedestrian traffic. Southport Station (Brown Line) 5-minute walk. 1.3M Riders Annually on Southport Station. Walkers Score 96 - Walker's Paradise.
Example of Store Interior
Floor Plan
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (80)
Bike Score®
Very Bikeable (85)
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Third Love |
1,150 SF
|
January 2028
|
NEARBY MAJOR RETAILERS
ZONING
| Zoning Code | B3-2 |
