7222 N Harlem Ave | Chicago, IL 60631
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7222 N Harlem Ave
Chicago, IL 60631
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,800 SF
Building Class
C
Year Built
1962
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.51 AC
Zoning
B3-1, Chicago - Community shopping district
Parking
25 Spaces (2.1 Spaces per 1,000 SF Leased)
Frontage
170’ on Illinois 43
AMENITIES
- Pylon Sign
- Signage
ABOUT 7222 N HARLEM AVE , CHICAGO, IL 60631
HIGH CAP STRIP MALL CLOSE TO MAJOR INTERSECTION. GOOD MIXTURE OF TENANTS AND GREAT VISIBILITY. CLOSE TO MAJOR HIGHWAYS (90 AND 94). PLENTY OF PARKING AND EASY ACCESS TO AND EXIT FROM THE CENTER. EQUITIES ARE ALREADY IN THE PRICE. LESS THAN $200 PER SQ FT. 89% OCCUPIED. TRUE 9.000% CAP. SOME RENT ESCALATED. CURRENT RENT ROLLS ARE UNDER VALUED. GREAT POTENTIAL.
PROPERTY TAXES
| Parcel Number | 09-25-432-052-0000 | Improvements Assessment | $184,250 |
| Land Assessment | $168,750 | Total Assessment | $353,000 |
PROPERTY TAXES
Parcel Number
09-25-432-052-0000
Land Assessment
$168,750
Improvements Assessment
$184,250
Total Assessment
$353,000
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