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1851-1865 E 71st St
Chicago, IL 60649
Retail Property For Sale
Investment Highlights
- Bus Stop at 71st Street & Euclid
- Located on the train line and convenient to I 94
- One block from Jeffrey Plaza with convenient retail locations
- Only one mile from Lake Michigan
Executive Summary
- 26 unit building (20 apartments on the second floor and 6 retail spaces on the ground floor).
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
1924/2013
Price
$1,250,000
Price Per SF
$83.33
Cap Rate
10%
NOI
$125,000
Percent Leased
78%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.57
Lot Size
0.22 AC
Zoning
B5-3, Chicago - Commercial
Frontage
Amenities
- Bus Line
- Metro/Subway
- Tenant Controlled HVAC
Property Taxes
| Parcel Number | 20-25-108-001-0000 | Improvements Assessment | $85,047 |
| Land Assessment | $9,547 | Total Assessment | $94,594 |
Property Taxes
Parcel Number
20-25-108-001-0000
Land Assessment
$9,547
Improvements Assessment
$85,047
Total Assessment
$94,594
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