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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
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
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
- J C Licht
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| J C Licht | - | 99,999 SF | - | - |
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-07-122-008-0000 | Improvements Assessment | $39,498 |
| Land Assessment | $24,255 | Total Assessment | $63,753 |
Property Taxes
Parcel Number
13-07-122-008-0000
Land Assessment
$24,255
Improvements Assessment
$39,498
Total Assessment
$63,753
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