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3535 N Central Ave
Chicago, IL 60634
CitiBank | Chicago, IL | $2.3M | NNN · Retail Property For Sale
Investment Highlights
- INVESTMENT GRADE LEASE GUARANTEE - Rental income guaranteed by CitiBank with over 2,100 locations.
- 2% ANNUAL INCREASES - The lease allows for 2% annual increases in the initial term of the lease.
- DENSE INFILL LOCATION W SOLID DEMOGRAPHICS –Dense infill location in Chicago w 316,000+ HH with a median HH income of $70,000+ in a 5-mile radius.
- STRONG DEPOSIT AMOUNTS - This Citibank branch has exceptional deposits in the amount of $283,000,000.
- ACROSS THE STREET FROM COMMUNITY FIRST MEDICAL CENTER- Directly across is Community First Medical Center with 296 licensed beds.
- CITIBANK COMPETITION - There are no other Citibank branches in a four-mile radius, the next closest branch is located 4.5 miles SE of the subject.
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,682 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.46 AC
Zoning
B3-1
Parking
16 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
307’ on North Central Avenue
Amenities
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $205,751 | |
| Land Assessment | $123,749 | Total Assessment | $329,500 |
Property Taxes
Parcel Numbers
Land Assessment
$123,749
Improvements Assessment
$205,751
Total Assessment
$329,500
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