501 N Kinzie Ave | Bradley, IL 60915
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501 N Kinzie Ave
Bradley, IL 60915
Retail Property For Sale
Executive Summary
Investment opportunity, 4,900 SF office building with single tenant that has been in place for 28 years.
- Modern and well-maintained 4,900 SF building
- Located in corridor with recent developments from: CSL, Starbucks and Chick Fil A
- Potential for long-term tenant stability
- NNN Lease structure
- Modern and well-maintained 4,900 SF building
- Located in corridor with recent developments from: CSL, Starbucks and Chick Fil A
- Potential for long-term tenant stability
- NNN Lease structure
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,900 SF
Building Class
C
Year Built
1990
Price
$759,410
Price Per SF
$155
Cap Rate
10%
NOI
$75,941
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.41 AC
Parking
20 Spaces (4.56 Spaces per 1,000 SF Leased)
PROPERTY TAXES
Parcel Number | 17-09-21-300-066 | Improvements Assessment | $103,952 |
Land Assessment | $39,659 | Total Assessment | $143,611 |
PROPERTY TAXES
Parcel Number
17-09-21-300-066
Land Assessment
$39,659
Improvements Assessment
$103,952
Total Assessment
$143,611
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