Share This Listing

Message

912 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Fully Leased, Commercial Building FOR SALE 2628-2634 W Touhy Ave 6,850 SF 100% Leased Retail Building Chicago, IL 60645 $975,748 CAD ($142.44 CAD/SF) 8.93% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Located in a Trending Neighborhood near Rogers Park, on Touhy, just west of Rockwell
  • Solid long term Tenants in place with the flexibility for a partial user/ partial investor
  • Self-managed, fully leased, single story, brick building with ample parking in the rear (12 spaces) and five storefronts

EXECUTIVE SUMMARY

Located in a Trending Neighborhood near Rogers Park, on Touhy, just west of Rockwell. Self-managed, single story, brick building with ample parking in the rear (12 spaces) and five storefronts on Touhy Avenue. Long term tenants in place: Menchies (15+ years), R&B Tire Shop (15+ years), Zumba Studio and AIKI Budo Karate Center. Utilities are separately metered, renters pay for gas and electric; each unit has individual HVAC; Landlord is responsible for snow removal and landscaping. Well maintained building with recent updates: two storefront roofs were replaced, recently tuckpointed, exterior was repainted in 2020, recently repaved parking lot. 1.2 Miles to the Rogers Park Green line train station, multiple bus stops and Divvy stations plus close access to the Expressway and Lake Shore Drive. Area tenants include: Autozone, Buckingham Rehabilitation Care, Ann Blitstein Teachers Institute, North View Dry Cleaners, Pearly Whites Dental, Andres Roofing, A Gentle Wind Florist, 7-Eleven and much more!

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,850 SF
Building Class
C
Year Built
1958
Price
$975,748 CAD
Price Per SF
$142.44 CAD
Cap Rate
8.93%
NOI
$87,107 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.71
Lot Size
0.22 AC
Zoning
B3-1
Parking
12 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
76’ on W Touhy

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • AIKI Budo Center
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • -
  • -
  • Munchies
  • Retailer
  • 99,999 SF
  • -
  • -
  • R& B Tires
  • Retailer
  • 99,999 SF
  • -
  • -
  • Zumba
  • Finance and Insurance
  • 99,999 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
AIKI Budo Center Arts, Entertainment, and Recreation 99,999 SF - -
Munchies Retailer 99,999 SF - -
R& B Tires Retailer 99,999 SF - -
Zumba Finance and Insurance 99,999 SF - -
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

The YMCA
Starbucks
Bank of America
Citizens Bank
U.S. Bank
Chase Bank
Buffalo Wild Wings
IHOP
StorageMart
Huntington National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-25-426-045-0000
Land Assessment
$146,927 CAD
Improvements Assessment
$7,954 CAD
Total Assessment
$154,881 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 26620039

  • Date on Market: 2022-09-13

  • Last Updated:

  • Address: 2628-2634 W Touhy Ave, Chicago, IL 60645

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}