This Retail Property is no longer advertised on LoopNet.com.

1435 N Sedgwick St
Chicago, IL 60610
Retail Property For Sale

Executive Summary

Prime retail storefront in the heart of Old Town, within a residential condo building just south of North Avenue. 1,600 sf ground floor, and approximately 700 sf of basement storage space Leased to Mini Mart through 5/31/2022 for $3,070/month with yearly increases and one 5-year renewal option 6% cap rate Quarterly payments of ~$127.06 for Electric, Water, & Sewage. Owner pays taxes, 1/3 of the building electric, 1/3 of building water & sewer, and 1/3 of building insurance. Directly across from Marshall Field Garden Apartments (628 apartments) Steps away from Catherine Cook School and Franklin Fine Arts Center Near the famous comedy clubs, Second City & Zanies Walking distance from multiple CTA bus stops and the Sedgwick Brown & Purple “L” train stop 5,200 vehicles pass through the intersection of N Sedgwick and W Schiller daily

Property Facts

Property Type Retail
Property Subtype Convenience Store
Building Class C
Lot Size 0.05 AC
Gross Leasable Area 5,400 SF
No. Stories 3
Year Built 1952
Clear Ceiling Height 11’
APN / Parcel ID 17-04-200-091-1002
Zoning B3-3
  • Listing ID: 15477651

  • Date on Market: 3/18/2019

  • Last Updated:

  • Address: 1435 N Sedgwick St, Chicago, IL 60610

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