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1901-1909 W Howard St 4,200 SF 79% Leased Retail Building Chicago, IL 60626 $700,511 CAD ($166.79 CAD/SF) 10.10% Cap Rate
Executive Summary
Fantastic Investment Opportunity!! Fully leased 4,200sf building, partitioned into three units. All tenants have been leasing for over 10 years. Premier tenant, Cash America (pawn shop), occupies 3,300sf (through 3/31/28). Remaining two units are leased by local, independent operators with longstanding proven track records of success (M2M Leases). Zone B3-2, allowing for a broad range of retail and service uses, as well as residential units above. 150 feet of frontage along Howard Avenue, offering incredible visibility to pedestrian and vehicular traffic.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,200 SF
Building Class
C
Year Built
1922
Price
$700,511 CAD
Price Per SF
$166.79 CAD
Cap Rate
10.10%
NOI
$70,770 CAD
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.88
Lot Size
0.11 AC
Zoning
B3-2 - Shopping centers, large stores, and retail storefronts, often along major streets. Allows more types of businesses than B1 and B2 districts.
Frontage
150’ on Howard St
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Farafinnah Hair Braiding
- Retailer
- -
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$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Farafinnah Hair Braiding | Retailer | - | $9.99 | Lorem Ipsum | - |
Exceptionally walkable
90/100
Somewhat drivable
30/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-30-401-015-0000 | Improvements Assessment | $93,619 CAD |
| Land Assessment | $73,439 CAD | Total Assessment | $167,057 CAD |
Property Taxes
Parcel Number
11-30-401-015-0000
Land Assessment
$73,439 CAD
Improvements Assessment
$93,619 CAD
Total Assessment
$167,057 CAD
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1901-1909 W Howard St
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