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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



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)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-25-426-045-0000 | Total Assessment | $154,881 CAD |
| Land Assessment | $146,927 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $7,954 CAD | Tax Year | 2024 |
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
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Fully Leased, Commercial Building FOR SALE | 2628-2634 W Touhy Ave
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