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1614 W 95th St
Chicago, IL 60643
BMO · Retail Property For Sale
Investment Highlights
- OUTSTANDING INVESTMENT GRADE CREDIT PROFILE
- CHICAGO MSA ACQUISITION OPPORTUNITY
- DENSE, URBAN INFILL DEMOGRAPHICS
- STRONG JEWEL-OSCO ANCHORED LOCATION WITH EXCELLENT VISIBILITY & ACCESS
- GROWING RETAIL CORRIDOR WITH NEW STARBUCKS
Executive Summary
Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the BMO located in Chicago, IL (“The Property”). The Property consists of a 3,500-square-foot freestanding retail building on a 0.58- acre parcel of land anchored by Jewel-Osco. The Property is a 2008 build featuring a drive-thru banking option. BMO is operating under an absolute NNN lease with over 3 years of term remaining, featuring 10% rental increases every 5 years providing investors with a hedge against inflation. See Lease Abstract for full details.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
B
Year Built
2008
Price
$2,745,188
Price Per SF
$784.34
Cap Rate
8%
NOI
$219,615
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.58 AC
Zoning
PD 430
Parking
18 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
144’ on W 95th St
Amenities
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 25-06-426-014-0000 | Improvements Assessment | $117,401 |
| Land Assessment | $54,974 | Total Assessment | $172,375 |
Property Taxes
Parcel Number
25-06-426-014-0000
Land Assessment
$54,974
Improvements Assessment
$117,401
Total Assessment
$172,375
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