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9923 S Halsted St
Chicago, IL 60628
NNN, Service-Oriented Ctr: 570k in 5 Miles · Retail Property For Sale
Investment Highlights
- 100% Occupied, NNN Service-Oriented Center Positioned in a Densely Populated Market withEasy Access and Seconds From I-57 Connecting to I-94
- Solid Anchor Commitment and Excellent Leasing Traction: New 7-Year Lease (Anticipated Opening of September/October 2021)
- Desirable, Modern Curb Appeal with 3 Brick Buildings and Ample Parking Between Each Building
- Attractive 8.25% CAP Rate and High 12.56% Expected Year-1 Cash-on-Cash Return
- Strong Demographics: Average Household Incomes Over $70,700 Within 1-Mile
- Direct Access to Large Population Base: Positioned in Chicago with Over 570,400 Residents within 5-Miles
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,700 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.04 AC
Zoning
B3-1
Parking
30 Spaces (2.32 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $176,866 | |
| Land Assessment | $89,900 | Total Assessment | $266,766 |
Property Taxes
Parcel Numbers
Land Assessment
$89,900
Improvements Assessment
$176,866
Total Assessment
$266,766
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