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4650 S Indiana Ave 11,000 SF 21% Leased Retail Building Chicago, IL 60653 $1,600,000 ($145.45/SF) 8.65% Cap Rate
INVESTMENT HIGHLIGHTS
- Parking lot
- Newly remodeled
- Large Bright Windows
- Private office space
EXECUTIVE SUMMARY
Investment Value add or Owner User. Two tenants in place.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
11,000 SF
Building Class
C
Year Built
1948
Price
$1,600,000
Price Per SF
$145.45
Cap Rate
8.65%
NOI
$138,345
Percent Leased
21%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.47 AC
Zoning
B3-3 - Shopping centers, large stores, and retail storefronts, often along major streets. Allows more types of businesses than B1 and B2 districts. Apartment
Parking
31 Spaces (2.82 Spaces per 1,000 SF Leased)
Frontage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
2,600 SF space built out as a convenient store.
4,400 renovated retail space.
2nd floor office space.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,600 SF | Retail | - | Now |
| 1st Floor | 4,400 SF | Retail | In-Line | Now |
| 2nd Floor | 1,700 SF | Office | - | Now |
1st Floor
| Size |
| 2,600 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 4,400 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2nd Floor
| Size |
| 1,700 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 2,600 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
2,600 SF space built out as a convenient store.
1st Floor
| Size | 4,400 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
4,400 renovated retail space.
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Floor
| Size | 1,700 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
2nd floor office space.
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20-03-320-031-0000 | Improvements Assessment | $88,217 |
| Land Assessment | $77,355 | Total Assessment | $165,572 |
PROPERTY TAXES
Parcel Number
20-03-320-031-0000
Land Assessment
$77,355
Improvements Assessment
$88,217
Total Assessment
$165,572
1 of 21
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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4650 S Indiana Ave
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