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Browse More Listings in Shopping Center For Sale, Chicago, IL or Illinois

Shopping Center For Sale

FRONTIER PLAZA

3727 W LAWRENCE AVE, Chicago, IL 60625

Price:
$2,600,000
Gross Leasable Area:
10,500 SF
Price/SF:
$247.62
Property Type:
Shopping Center
Property Sub-type:
Strip Center
Property Use Type:
Investment
Cap Rate:
7.20%
Occupancy:
75%
Tenancy:
Multiple
Lot Size:
18,750 SF
Find Out More...

Last Verified 10/24/2009 Listing ID 15543117

Description

WE ARE PLEASED TO PRESENT THIS GROSS MODIFIED RETAIL SHOPPING CENTER AT THE INTERSECTION OF LAWRENCE AVE & RIDGEWAY ST. IN A DENSELY POPULATED ALBANY PARK NEIGHBORHOOD OF CHICAGO. THIS INVESTMENT OFFERING PRESENTS AN INVESTOR WITH THE OPPORTUNITY TO ACQUIRE 10,500 SQ. FT. OF RETAIL SPACE ON A 18,750 SQ. FT. LOT. HIGH FOOT & CAR TRAFFIC AVENUE WHICH IS VERY APPEALING FOR SAVVY INVESTOR. PROFORMA NOI IS $188,877 WHICH GIVES A CAP RATE OF 7.2%.

TAKE PULASKI OR CICERO N/S TO LAWRENCE AVE E. TO PROPERTY.

Financial Summary

Actual
Net Operating Income
$187,200

Map of 3727 W LAWRENCE AVE, Chicago, IL 60625 (Cook County)

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Created 1/31/2008

Additional Information for 3727 W Lawrence Avenue, Chicago, IL 60625

Active For Sale - 1 Listing
Active For Lease - 1 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 3727 W LAWRENCE AVE, Chicago, IL 60625

Nearby Shopping Center properties for leaseSearch all commercial real estate for lease

Montrose center
$25.00/SF/Year
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4700 N Kimball
Negotiable
1,100 - 11,000 SF
3727 w lawrence
$20.30/SF/Year
1,300 - 2,600 SF
Albany Square
$18.00 - $27.00/SF/Year
1,100 - 7,350 SF
4753 N. Elston
$18.00/SF/Year
7,000 SF

Nearby Recently Sold Shopping Center propertiesSearch all recently sold commercial real estate

Strip Center
Sold 4Q 2007
Strip Center
Sold 4Q 2007

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Shopping Center Property For Sale - FRONTIER PLAZA

3727 W LAWRENCE AVE, Chicago, IL, 60625