1934 W Chicago Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60622
$1,592,000 USD
312-676-1866
1934 W Chicago Ave, Chicago, IL for Sale
$1,592,000 USD
Storefront Retail/Residential - FOR SALE
1/6
null | 7% Cap Rate

1934 W Chicago Ave
Chicago, IL 60622


HIGHLIGHTS

  • Excellent West Town corner location.
  • Stabilized asset with a strong tenant mix.
  • Highly desirable brick building.
  • Fully rehabbed arm chair investment.
  • Located within the Chicago Avenue T.O.D boundaries.
  • Broker Owned.

OVERVIEW

1934 W Chicago Avenue is approximately 4,540 SF and is located on the corner of Chicago Ave and Winchester Ave in the heart of Chicago’s Ukrainian Village neighborhood. The property is currently fully occupied by three tenants, West Town Market, School of Rock, and one 3 bed, 2 bath residential unit. All three units have been fully rehabbed. The building also has an income producing electronic sign. This corner location is next door to Dante’s Pizzeria and across the street from Roots Pizza, West Town Bakery, and Cleo’s Bar. The property is also just 1.5 blocks from the neighborhood grocery store, Mariano’s. This corner location with sidewalk cafe potential is ideal for an investor looking to enter the growing West Town/Ukrainian Village submarket.

FOR SALE DETAILS

PRICE

$1,592,000 USD

PRICE/SF

$342 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

2

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,150 SF

ZONING

B3-2

APN/PARCEL ID

17-06-433-042-0000

ASK ABOUT THIS PROPERTY

Drew DillonSVN | Chicago CommercialMore Info
312-676-1866

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Drew DillonSVN | Chicago CommercialMore Info
312-676-1866

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