4300-12 W North Ave - Freestanding FOR SALE


Chicago, IL 60639
$2,200,000 USD
312-423-5500
4300-12 W North Ave, Chicago, IL for Sale
$2,200,000 USD
Freestanding - FOR SALE
1/13
null | 7.25% Cap Rate

4300-12 W North Ave
Chicago, IL 60639


HIGHLIGHTS

  • Long Term City of Chicago Tenants

OVERVIEW

Two tenant retail center; 100% leased to the City of Chicago. Tenants are the Chicago Public Library and the Dept. of Family Services. Library has been a tenant for 26 years. The Dept. of Family Services has been a tenant for over 7 years. Property is very-well maintained. Newer 6 HVAC Roof-top units on service contract. Newer gutters and downspouts. New library upgrades include: all new lighting fixtures, carpeting and painting. Library has a large kitchen area, and well used large meeting room. Family Services had $190,000+ build-out. Pride of ownership. Ideal candidate for 1031 exchange clients.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$210 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

B3-1

APN/PARCEL ID

13-34-424-034-0000,13-34-424-035-0000

ASK ABOUT THIS PROPERTY

Yehuda CohenDream Town RealtyMore Info
312-423-5500

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Yehuda CohenDream Town RealtyMore Info
312-423-5500

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