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734 W Fullerton Ave
Chicago, IL 60614
Mochinut · Retail Property For Sale · 2,080 SF

Investment Highlights

  • Tenant | Single-tenant (Mochinut) with NNN Lease, providing stable income.
  • Quality Build-Out | 8’ hood + fully built-out 2nd floor for catering/commissary kitchen with black iron, Type I hood and separate ingress/egress
  • Strong Incomes | Average household income of $142,041 within 1 mile radius.
  • Location | Steps from busy 5-corner intersection of Fullerton/Lincoln/Halsted, Close to DePaul University, 5 Minute Walk to Brown Line
  • High Traffic | Busy Fullerton Avenue sees approx. 17,700 vehicles per day.
  • Nearby Businesses | Studio Three, Equinox, Chase Bank, Fedex..

Executive Summary

Single-tenant, income generating restaurant located in the heart of much sought after Lincoln Park. NNN leased investment. Steps from 5-corner intersection of Fullerton/ Lincoln/Halsted and DePaul University. Extremely high quality build-out with 8’ hood. Second floor completely built-out for catering/commissary kitchen with its own black iron, Type I hood and separate ingress/egress. This property presents an excellent opportunity for investors seeking a stable, revenue-generating asset in a prime location. Operating. Do not disturb employees or management.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 2,080 SF
  • Retail
  • Upon Request
  • $61,220
Sale Type Investment
Cap Rate 5.57%
APN/Parcel ID 14-28-311-088-0000
Description
Restaurant with extremely high quality build-out and 8’ hood. Second floor completely built-out for catering/commissary kitchen with its own black iron, Type I hood and separate ingress/egress. Steps from busy 5-corner intersection of Fullerton/Lincoln/Halsted and DePaul University (one of the nation's top 10 largest private universities).
Sale Notes
OPERATING. DO NOT DISTURB EMPLOYEES OR MANAGEMENT. Premier fully-leased restaurant in the heart of Lincoln Park. Single-tenant income generating restaurant. NNN leased. This property presents an excellent opportunity for investors seeking a stable, revenue-generating asset in a prime location.
Unit Unit Size Condo Use Price NOI
Unit 1 2,080 SF Retail Upon Request $61,220

Unit 1

Unit Size
2,080 SF
Condo Use
Retail
Price
Upon Request
NOI
$61,220

Unit 1

Unit Size 2,080 SF
Condo Use Retail
Price Upon Request
NOI $61,220
Sale Type Investment
Cap Rate 5.57%
APN/Parcel ID 14-28-311-088-0000
Description
Restaurant with extremely high quality build-out and 8’ hood. Second floor completely built-out for catering/commissary kitchen with its own black iron, Type I hood and separate ingress/egress. Steps from busy 5-corner intersection of Fullerton/Lincoln/Halsted and DePaul University (one of the nation's top 10 largest private universities).
Sale Notes
OPERATING. DO NOT DISTURB EMPLOYEES OR MANAGEMENT. Premier fully-leased restaurant in the heart of Lincoln Park. Single-tenant income generating restaurant. NNN leased. This property presents an excellent opportunity for investors seeking a stable, revenue-generating asset in a prime location.

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 2,080 SF
Property Type Retail (Condo)
Property Subtype Storefront
Building Class B
Floors 2
Typical Floor Size 1,184 SF
Year Built 1938
Tenancy Single
Lot Size 0.04 AC
Parking Ratio 2.4/1,000 SF
Zoning B1-3, Chicago
  • Listing ID: 32030902

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: 734 W Fullerton Ave, Chicago, IL 60614

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