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Caliber Collision 7606 W Touhy Ave 8,900 SF Retail Building Chicago, IL 60631 $3,328,000 ($373.93/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Transwestern Commercial Services, a full-service commercial real estate firm, as exclusive broker, is pleased to offer for sale the single-tenant Caliber Collision located in Chicago, Illinois.
The Property is located in the Edison Park neighborhood of Chicago. It offers an investor a terrific opportunity to own a retail asset situated in an infill, high-density, high traffic, retail sub-market, at a location with a long operating history and minimal landlord responsibilities.
The Property consists of 0.76 acres of land and 8,900 square feet of building built in 1960 and remodeled in 1995 and later in 2000. The Property benefits from being located on heavily traveled Touhy Avenue (19,700 vehicles per day), a major east-west thoroughfare that travels through and connects many of the immediate northern suburbs of Chicago. The area is extremely infill and affluent with over 166,105 people in a three-mile radius.
The Property is located in the Edison Park neighborhood of Chicago. It offers an investor a terrific opportunity to own a retail asset situated in an infill, high-density, high traffic, retail sub-market, at a location with a long operating history and minimal landlord responsibilities.
The Property consists of 0.76 acres of land and 8,900 square feet of building built in 1960 and remodeled in 1995 and later in 2000. The Property benefits from being located on heavily traveled Touhy Avenue (19,700 vehicles per day), a major east-west thoroughfare that travels through and connects many of the immediate northern suburbs of Chicago. The area is extremely infill and affluent with over 166,105 people in a three-mile radius.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,900 SF
Building Class
C
Year Built/Renovated
1960/2000
Price
$3,328,000
Price Per SF
$373.93
Cap Rate
7%
NOI
$232,974
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.76 AC
Zoning
B3-1 - Community Shopping District
Parking
20 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Caliber
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Caliber | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $116,151 | |
| Land Assessment | $248,101 | Total Assessment | $364,252 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$248,101
Improvements Assessment
$116,151
Total Assessment
$364,252
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Caliber Collision | 7606 W Touhy Ave
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