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5041 S Prairie Ave 8,250 SF Retail Building Chicago, IL 60615 $1,200,000 ($145.45/SF) 9.32% Cap Rate
Investment Highlights
- xisting Tenant is doing complete Remodeling and Build Out For his Business
Executive Summary
Great Investment Leased Property with NNN Lease for long period , Existing Tenant is doing complete Remodeling and Build Out For his Business . Free Standing 8,250.SF Building on an 18,100.sf Lot, The parking can accommodate over 15 Cars. Great Location in a busy business district . also located near the CTA EL Station .
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,250 SF
Building Class
C
Year Built
1951
Price
$1,200,000
Price Per SF
$145.45
Cap Rate
9.32%
NOI
$111,847
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.42 AC
Zoning
B3-2 - B3-2 Zoning Allows for a variety of uses
Parking
15 Spaces (1.81 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Freestanding +/-8,250sf Building on an 18,100sf site.
| Space | Size | Space Use | Position | Available |
| Ground | 8,250 SF | Retail | - | Now |
Ground
| Size |
| 8,250 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Ground
| Size | 8,250 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Freestanding +/-8,250sf Building on an 18,100sf site.
Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (75)
Bike Score®
Very Bikeable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-10-122-020-0000 | Improvements Assessment | $66,670 |
| Land Assessment | $67,830 | Total Assessment | $134,500 |
Property Taxes
Parcel Number
20-10-122-020-0000
Land Assessment
$67,830
Improvements Assessment
$66,670
Total Assessment
$134,500
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
5041 S Prairie Ave
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