1857 W Chicago Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60622
$1,995,000 USD
773-802-2543
1857 W Chicago Ave, Chicago, IL for Sale
$1,995,000 USD
Storefront Retail/Residential - FOR SALE
1/15
null | 7% Cap Rate

1857 W Chicago Ave
Chicago, IL 60622


OVERVIEW

Fabulous turnkey new construction 4-unit mixed use building that is fully leased with strong financials. Three 3 bedroom 2 bath condo quality units with in-suite primary bath with freestanding tub, fireplaces hardwood throughout, and modern Italian kitchens with stainless steel appliances. Each unit has rear deck with skyline views. Every floor is about 1600 sq. ft. Common roof deck and parking for each unit in rear. Retail space fully leased. Strong NOI. Near public transportation and multiple restaurant and bar options as well as grocery store on the next block.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,376 SF

ZONING

B3-2

APN/PARCEL ID

17-07-201-002-0000

ASK ABOUT THIS PROPERTY

Ian Feinerman@properties CommercialMore Info
773-802-2543

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Ian Feinerman@properties CommercialMore Info
773-802-2543

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.