3921-3925 W Touhy Ave - Freestanding FOR SALE


Lincolnwood, IL 60712
$1,200,000 USD
630-435-3500
3921-3925 W Touhy Ave, Lincolnwood, IL for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/17
null | 6.7% Cap Rate

3921-3925 W Touhy Ave
Lincolnwood, IL 60712


HIGHLIGHTS

  • Brand new roof, brand new water heater, brand new wiring, brand new HVAC

OVERVIEW

Don't miss this prime rental opportunity (B2 Zoning) on a high traffic area in Lincolnwood. The total rental space is 4,800 sq ft but it can be divided into 1600 sq ft each. The location is super. The population is so dense. There are 15K+ people living in 1 mile radius, 297K in 3 miles, and 809K in 5 miles!! Also, the neighborhood is great!! The average house income in the area is $100K+!! Another great opportunity of this area is that a huge mixed use residential complex called District 1860 will open this year at the intersection of Touhy and Lincoln Ave (only 0.6 miles away from this property). Once District 1860 is open, there will be heavier walking and car traffic at Touhy and drive more retail businesses. What about the demographic in this area? It is very diverse so you can have many great options to run a business instead of focusing on a specific ethnic group. The property is worry free because it was fully updated with new roof, new HVAC, new Water Heater, new electricity wiring, etc. It also comes with 15+ parking bays. The current condition of the property is a whitepaper. The next step for you is just coming to the property and draw your dream business in it! The seller/landlord is very open to negotiate TI or build out depending on lease or sales terms. What are you waiting for?? **If you want to rent a part of the building, here is the price for each unit. 3921 W Touhy - $20/sf, 3923 W Touhy - $23/sf, and 3925 W Touhy - $25/sf

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

B-2

APN/PARCEL ID

10-35-100-036-0000

ASK ABOUT THIS PROPERTY

Sang HanPlatinum Partners RealtorsMore Info
630-435-3500

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Sang HanPlatinum Partners RealtorsMore Info
630-435-3500

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