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208-212 Main St 7,200 SF 69% Leased Retail Building West Chicago, IL 60185 $549,000 ($76.25/SF)
INVESTMENT HIGHLIGHTS
- Prime Downtown Location
- Mixed-Use Potential
- Value-Add Investment Opportunity
- Historic Character
- Proximity to Transportation
- City Support & TIF District
EXECUTIVE SUMMARY
Unique Investment opportunity - IDEAL for user /owner or Investor. 3 UNITS approximately $185,000 each - ALL for one low price! Here are 3 side by side units/Buildings in the very HEART of DOWNTOWN West Chicago - BEING SOLD AS ONE! That's right 208 - 210 & 212 Main Street - each unit has separate metered utilities (Electric/gas/water & Sewer) each approximately 1,200 sq ft per floor - 2400 sq.ft. total per unit. Main Floor - PLUS - walk-out Basements. There is potential to open the walls and have a total 3600 sq ft main floor too. The 212 is a former restaurant in need of remodeling/updating (Hood is in place and operates) - Unit 210 is occupied & operating as a Retail Store, & the 3rd unit - 208, is occupied and operating as a "Herbalife" Healthy eating business. EACH UNIT has 1 bathroom - (except restaurant has 2) & separate HVAC systems -PLUS WALK-OUT basements at ground level - exiting to Turner Court. Call L.A. for financial info., however rents are LOW during offering. Buy as an Investor or as a User/Owner. Property is Bank Owned who is willing to entertain offers. Many exterior upgrades and improvements made recently including 3 NEW AWNINGS - installed in September 2023, FYI Taxes reflect a Value of OVER $600K.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,200 SF
Building Class
C
Year Built
1896
Price
$549,000
Price Per SF
$76.25
Percent Leased
69%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.84
Lot Size
0.09 AC
Zoning
C - Commercial (General)
Frontage
62’ on Main St
AMENITIES
- Metro/Subway
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Fully Built out Restaurant Space ready for 2nd generation Restaurant. Inquire regarding the restaurant space. This is also a perfect oppurtunity for an owner user who could own two additional retail stores in the same building in addition to the restaurant space. This would provide immediate income and would allow an owner user, rather than paying to lease, to instead have an immediate income producing asset.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,200 SF | Restaurant | - | Now |
1st Floor
| Size |
| 2,200 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 2,200 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
Fully Built out Restaurant Space ready for 2nd generation Restaurant. Inquire regarding the restaurant space. This is also a perfect oppurtunity for an owner user who could own two additional retail stores in the same building in addition to the restaurant space. This would provide immediate income and would allow an owner user, rather than paying to lease, to instead have an immediate income producing asset.
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 04-10-108-007 | Improvements Assessment | $178,611 |
| Land Assessment | $18,854 | Total Assessment | $197,465 |
PROPERTY TAXES
Parcel Number
04-10-108-007
Land Assessment
$18,854
Improvements Assessment
$178,611
Total Assessment
$197,465
1 of 89
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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208-212 Main St
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