8625 S Stony Island Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
8625 S Stony Island Ave
3,500 SF 100% Leased Retail Building Chicago, IL 60617 $550,000 ($157/SF)
Investment Highlights
- Fully Leased with Multi year leases
- Updated HVAC
- New Roof
Executive Summary
Excellent investment opportunity 80% leased with4 multi year tenant's . New roof , updated HVAC. The front unit ( former currency exchange 1325 sf)is available now. Ownership is motivated to sell.
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$84,000
|
$24.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$84,000
|
$24.00
|
| Taxes |
$19,826
|
$5.66
|
| Operating Expenses |
$10,573
|
$3.02
|
| Total Expenses |
$30,399
|
$8.69
|
| Net Operating Income |
$53,601
|
$15.31
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $84,000 |
| Annual Per SF | $24.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $84,000 |
| Annual Per SF | $24.00 |
| Taxes | |
|---|---|
| Annual | $19,826 |
| Annual Per SF | $5.66 |
| Operating Expenses | |
|---|---|
| Annual | $10,573 |
| Annual Per SF | $3.02 |
| Total Expenses | |
|---|---|
| Annual | $30,399 |
| Annual Per SF | $8.69 |
| Net Operating Income | |
|---|---|
| Annual | $53,601 |
| Annual Per SF | $15.31 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1962
Price
$550,000
Price Per SF
$157
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.86
Lot Size
0.09 AC
Zoning
B3-2 Chicago - Business Retail
Frontage
33 FT on Stony Island
Amenities
- Bus Line
- Tenant Controlled HVAC
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Aquatic Oasis
- Retailer
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Aquatic Oasis | Retailer | - | - | - |
Walk Score ®
Walker's Paradise (90)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 20-36-324-010-0000 | Total Assessment | $102,251 (2024) |
| Land Assessment | $10,293 (2024) | Annual Taxes | $19,826 ($5.66/SF) |
| Improvements Assessment | $91,958 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
20-36-324-010-0000
Land Assessment
$10,293 (2024)
Improvements Assessment
$91,958 (2024)
Total Assessment
$102,251 (2024)
Annual Taxes
$19,826 ($5.66/SF)
Tax Year
2022
1 of 19
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
8625 S Stony Island Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.