847-780-8063
3951 N Kimball, Chicago, IL for Sale
Storefront - FOR SALE
1/4
null | Request Cap Rate

3951 N Kimball
Chicago, IL 60618


HIGHLIGHTS

  • In-Place NOI of $81,240, however, Seller is willing to master lease the vacancy for one (1) year at $25 PSF NNN which increases the NOI to $125,802
  • Strong tenancy including T-Mobile and Jet's Pizza, both of which are on NNN leases
  • Excellent location at Irving Park Road and Kimball Avenue featuring visibility and exposure to over 42,000 VPD
  • Conveniently located less than one (1) mile from the Irving Park Blue Line CTA Station, the Irving Park Metra Station, and Interstate-90/94

OVERVIEW

Multi-tenant retail center for sale at the corner of of the signalized intersection at Irving Park Road and Kimball Avenue (42,300VPD) in Chicago’s Irving Park neighborhood. The building totals 4,738 square feet and is 75% leased by T-Mobile and Jet’s Pizza. At the existing 75% occupancy rate the in-place NOI is approximately $81,240, however, Seller is willing to master lease the lonevacancy for a year at $25 NNN bringing the NOI up to $125,802 with the master lease. Both Jet’s Pizza and T-Mobile are on NNN leases. The building features an on-site parking lot totaling 10 spaces and dual-sided monument signage at the corner of Irving Park Road and Kimball Avenue featuring exposure and visibility to over 42,000 VPD. Additionally, the center is conveniently locatedless than one (1) mile from the Irving Park Blue Line CTA Station, the Irving Park Metra Station, and Interstate-90/94. Neighboring retailers include Jewel-Osco, Cermak Fresh Market, Tony’s Fresh Market, Target, Walgreens, CVS/Pharmacy, Home Depot, Dollar Tree, Family Dollar, Sally Beauty, Chase Bank, AutoZone Auto Parts, O’Reilly Auto Parts, Portillo’s, Chipotle, McDonald’s, Taco Bell, Dunkin and Burger King, among many others.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

B-2

APN/PARCEL ID

13-23-204-002-0000,13-23-204-003-0000

ASK ABOUT THIS PROPERTY

Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

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Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

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