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5135 N Ravenswood Ave
Chicago, IL 60640
Destination Pet | Abs NNN | Long Term Lease · Industrial Property For Sale
Investment Highlights
- Absolute NNN Lease – This investment offers a potential investor a completely passive, long-term investment with minimal landlord responsibilities
- E-Commerce & Recession-Resistant Property – Veterinary properties are extremely sought-after investments for their resistance to downturns in the econ
- Ideal Location for Target Market – Bow Wow Lounge is ideally located in a dense residential area, providing access to their large patient base
- Scheduled Rental Increases – 10% rental increases every 5 years provide a future owner with a boost in cash flow and return on their investment
- Tenant Investment in Location – Vet Clinics rarely relocate due to difficulty retaining the same patients in a new location/high costs of moving
- Extremely Dense, Real Estate – The asset caters to over 924,608 residents within a 5-mile radius
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Year Built | 1998 | |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Lot Size | 0.35 AC | Clear Ceiling Height | 12’ |
| Rentable Building Area | 15,000 SF | ||
| Zoning | M1 | ||
| Property Type | Industrial |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.35 AC |
| Rentable Building Area | 15,000 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 2/1,000 SF |
| Clear Ceiling Height | 12’ |
| Zoning | M1 |
Utilities
- Heating - Gas
Property Taxes
| Parcel Number | 14-07-403-037-0000 | Improvements Assessment | $170,164 |
| Land Assessment | $57,031 | Total Assessment | $227,195 |
Property Taxes
Parcel Number
14-07-403-037-0000
Land Assessment
$57,031
Improvements Assessment
$170,164
Total Assessment
$227,195
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