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2713 S Chicago Ave 2,200 SF Office Building South Milwaukee, WI 53172 $400,000 ($181.82/SF) 5.70% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime office location on busy Chicago Ave
- Potential package and development deal with neighboring parcels available.
- Perfect to rent out or run your own business out of and rent the other office space.
EXECUTIVE SUMMARY
Awesome location to run your business, offices, work and meeting areas, breakroom kitchenette and lots of parking make this building perfect for your business. Very high traffic count on Chicago Ave. Also potential as a development package with 2703 s Chicago Ave available (1.5M) and the parking lot at 2615.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
2,200 SF
Building Class
C
Year Built
1977
Price
$400,000
Price Per SF
$181.82
Cap Rate
5.70%
NOI
$22,800
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,100 SF
Slab To Slab
10’
Building FAR
0.22
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
x
Parking
14 Spaces (6.36 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Faith Hope & Charity Supportive Living Inc
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Faith Hope & Charity Supportive Living Inc | Health Care and Social Assistance | - | - | - |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 777-9001-000 | Improvements Assessment | $99,000 |
| Land Assessment | $83,200 | Total Assessment | $182,200 |
PROPERTY TAXES
Parcel Number
777-9001-000
Land Assessment
$83,200
Improvements Assessment
$99,000
Total Assessment
$182,200
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Modern MilwauKey Real Estate
2713 S Chicago Ave
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