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Epco Paint & Wallpaper 5301 N Harlem Ave 3,234 SF Retail Building Chicago, IL 60656 $1,095,000 ($338.59/SF) 6.62% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully occupied, ensuring immediate income for the investor
  • High visibility and accessibility for customer convenience
  • Prime location within the vibrant Chicago market
  • Proximity to major transportation routes and public transit

EXECUTIVE SUMMARY

Explore an exceptional investment opportunity with this 3,234 SF retail building, exuding timeless appeal since its establishment in 1963. This well-maintained property, zoned 1 to accommodate various commercial uses, offers 100% occupancy, guaranteeing immediate returns for the discerning investor. Situated in the heart of the dynamic Chicago market, the prime location affords high visibility, easy accessibility, and prominent signage opportunities, ensuring maximum exposure for retail operations. With a robust infrastructure and proximity to major transportation routes and public transit, this property stands as a compelling investment in the thriving retail landscape. Don't miss the chance to secure a lucrative asset in this coveted market.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,234 SF
Building Class
C
Year Built
1963
Price
$1,095,000
Price Per SF
$338.59
Cap Rate
6.62%
NOI
$72,526
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.13 AC
Zoning
B1-1 - Neighborhood Shopping District
Parking
5 Spaces (1.55 Spaces per 1,000 SF Leased)

AMENITIES

  • Tenant Controlled HVAC
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • -
  • 99,999 SF
  • -
  • -

JC Licht has been giving expert advice and assistance to those looking to breathe new life into their Chicagoland homes since 1907. Their customers are also their neighbors and friends, and they trust them to share their expertise and provide them with superior products and outstanding service. Their service professionals are trained in their extensive line of products and are skilled home-project experts who can help you every step of the way. To do so, they offer a wide range of products, ensuring you have the right products to make your work easier and your results professional. This includes the best paint in the business: Benjamin Moore. In fact, they sell more Benjamin Moore paint than anyone else in the Midwest. But it doesn’t stop there. They also have the latest in high-quality wallpaper and window treatments, as well as paint-related products and accessories to help you get the job done.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
- 99,999 SF - -
Walk Score®
Very Walkable (86)
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

Bank of America
Bakers Square
Starbucks
Jazzercise
Planet Fitness
Orangetheory Fitness
Portillo's
Denny's
Buffalo Wild Wings
Mariano's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-07-122-008-0000
Land Assessment
$24,255
Improvements Assessment
$39,498
Total Assessment
$63,753
  • Listing ID: 31999045

  • Date on Market: 5/22/2024

  • Last Updated:

  • Address: 5301 N Harlem Ave, Chicago, IL 60656

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