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3118 N Harlem Ave 6,250 SF Retail Building Chicago, IL 60634 $1,147,800 ($183.65/SF) 7.50% Cap Rate

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Executive Summary

Prime investment opportunity. National credit tenant. Great 1031 exchange.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,250 SF
Building Class
B
Year Built
1971
Price
$1,147,800
Price Per SF
$183.65
Cap Rate
7.50%
NOI
$86,085
Tenancy
Single
Building Height
1 Story
Building FAR
0.51
Lot Size
0.28 AC
Zoning
B3-1
Parking
22 Spaces (3.52 Spaces per 1,000 SF Leased)
Frontage
50’ on N Harlem Ave

Amenities

  • Bus Line
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Transportation and Warehousing
  • -
  • -
  • Jan 0000

Gopuff is a privately held, Philadelphia-based consumer delivery company focused on rapid, on-demand access to everyday essentials. The company was founded in 2013 by Yakir Gola and Rafael Ilishayev. Operating through a vertically integrated model, Gopuff owns or controls local micro-fulfillment facilities that stock curated assortments of groceries, snacks, beverages, over-the-counter products, and household items, enabling short delivery times. The company expanded nationally across urban and suburban markets and later entered the United Kingdom, broadening its geographic footprint. Growth milestones include significant private investment rounds and the acquisition of established beverage retailers, integrating alcohol distribution capabilities into its platform. Gopuff operates under the corporate entity GoBrands and is not publicly traded. The East Boston location at 175 McClellan Highway functions as a local fulfillment and delivery hub, supporting last-mile logistics across surrounding neighborhoods. This site primarily serves operational purposes rather than corporate administration. Gopuff’s model relies on proximity-based inventory management to enable consistent delivery coverage within defined service areas. As a privately held company, it continues to operate independently while maintaining a centralized headquarters in Philadelphia.

Tenant Industry SF Occupied Rent/SF Lease End
Transportation and Warehousing - - Jan 0000
Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Dotty's
Bank of America
Planet Fitness
Huntington National Bank
Starbucks
Chase Bank
U.S. Bank
Giordano's
Applebee's

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 12-25-207-036-0000
  • 12-25-207-020-0000
Land Assessment
$58,594
Improvements Assessment
$91,522
Total Assessment
$150,116
  • Listing ID: 36092591

  • Date on Market: 6/3/2025

  • Last Updated:

  • Address: 3118 N Harlem Ave, Chicago, IL 60634

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