2945 W Harrison St - Loft/Creative Space FOR SALE


Chicago, IL 60612
$1,400,000 USD
773-404-9900
2945 W Harrison St, Chicago, IL for Sale
$1,400,000 USD
Loft/Creative Space - FOR SALE
1/31
null | 7.1% Cap Rate

2945 W Harrison St
Chicago, IL 60612


HIGHLIGHTS

  • Updated rehab building with all new mechanicals, new roof and fully tuck pointed

OVERVIEW

Commercial Mixed-Use Investment Property with Multiple Income Stream Potential Don't miss this rare opportunity to acquire a fully renovated commercial mixed-use space, with active rental income, and additional leasable space currently available. The property has undergone extensive interior and exterior updates in the last 5 years, and stands alone its' class on the market. Key Features: Fully Rehabbed Warehouse: Updated and ready for business, ensuring minimal maintenance costs. Existing Tenant: One lessee currently occupying 1 of 3 rentable spaces, providing immediate rental income. Additional Leasable Space: With extra square footage still available for lease, you have ample opportunity to cash flow by securing additional tenants. This property is a unique investment for businesses and investors alike to capitalize on multiple income streams in a prime location. Whether you're an experienced investor or looking for your first commercial property, this is an excellent chance to secure a profitable asset.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Office/Industrial/Lease

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,900 SF

ZONING

C1-2

APN/PARCEL ID

16-13-302-003-0000

ASK ABOUT THIS PROPERTY

Khaled El-HeloThe Apartment SourceMore Info
773-404-9900

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Khaled El-HeloThe Apartment SourceMore Info
773-404-9900

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