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1901-1909 W Howard St
Chicago, IL 60626
Retail Property For Sale
Executive Summary
Fantastic Investment Opportunity!! Fully leased 4,200sf building, partitioned into three units. All tenants have been leasing for over 10 years. Premier tenant, Cash America (pawn shop), occupies 3,300sf (through 3/31/28). Remaining two units are leased by local, independent operators with longstanding proven track records of success (M2M Leases). Zone B3-2, allowing for a broad range of retail and service uses, as well as residential units above. 150 feet of frontage along Howard Avenue, offering incredible visibility to pedestrian and vehicular traffic.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,200 SF
Building Class
C
Year Built
1922
Price
$549,000
Price Per SF
$130.71
Cap Rate
9.18%
NOI
$50,412
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.88
Lot Size
0.11 AC
Zoning
B3-2 - Shopping centers, large stores, and retail storefronts, often along major streets. Allows more types of businesses than B1 and B2 districts.
Frontage
150’ on Howard St
Property Taxes
| Parcel Number | 11-30-401-015-0000 | Improvements Assessment | $66,688 |
| Land Assessment | $52,313 | Total Assessment | $119,001 |
Property Taxes
Parcel Number
11-30-401-015-0000
Land Assessment
$52,313
Improvements Assessment
$66,688
Total Assessment
$119,001
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