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Investment Highlights
- Approx. 20,000 sq ft of land with ample on-site parking
- Versatile layout supports multiple income streams or owner-occupancy
- Main Building: Configured for 3 commercial spaces, currently leased to Frame Factor and Simes Studio
- Flexible C1-3 allows for residential, retail, or office use
- Long-term tenants provide immediate cash flow
- Second Building: Two-story frame structure, home to a longstanding premier dog adoption company
Executive Summary
Rare opportunity to acquire a mixed-use property in a prime Chicago location between Bucktown and Lincoln Park. Offered for the first time in more than 30 years, this property presents an ideal opportunity for an owner-occupant seeking additional income to offset operating expenses. The building is currently configured for three commercial spaces and features long-term tenants including Frame Factor and Simes Studio, providing established tenancy and stability. Zoned C1-3, the property offers exceptional flexibility for a variety of uses, including retail, medical, office, event space or creative workspace. Its highly desirable location and adaptable layout create strong potential for investors, business owners, and redevelopment-minded buyers alike. The Vacant Space is also available for lease. There is a possibility to expand and occupy the whole building.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,200 SF
Building Class
C
Year Built
1943
Price
$2,850,000
Price Per SF
$233.61
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
1.00
Lot Size
0.28 AC
Zoning
C1-3 - Neighborhood Commercial District
Parking
28 Spaces (2.3 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Exceptionally walkable
90/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-31-210-036-0000 | Improvements Assessment | $115,800 |
| Land Assessment | $169,200 | Total Assessment | $285,000 |
Property Taxes
Parcel Number
14-31-210-036-0000
Land Assessment
$169,200
Improvements Assessment
$115,800
Total Assessment
$285,000
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