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2713 S Chicago Ave 2,200 SF Office Building South Milwaukee, WI 53172 $547,884 CAD ($249.04 CAD/SF) 5.70% Cap Rate
Investment Highlights
- Prime office location on busy Chicago Ave
- Potential package and development deal with neighboring parcels available.
- Perfect to rent out or run your own business out of and rent the other office space.
Executive Summary
Awesome location to run your business, offices, work and meeting areas, breakroom kitchenette and lots of parking make this building perfect for your business. Very high traffic count on Chicago Ave. Also potential as a development package with 2703 s Chicago Ave available (1.5M) and the parking lot at 2615.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,200 SF
Building Class
C
Year Built
1977
Price
$547,884 CAD
Price Per SF
$249.04 CAD
Cap Rate
5.70%
NOI
$31,229 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,100 SF
Slab To Slab
10’
Building FAR
0.22
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
x
Parking
14 Spaces (6.36 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Faith Hope & Charity Supportive Living Inc
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Faith Hope & Charity Supportive Living Inc | Health Care and Social Assistance | - | - | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 777-9001-000 | Improvements Assessment | $135,601 CAD |
| Land Assessment | $113,960 CAD | Total Assessment | $249,561 CAD |
Property Taxes
Parcel Number
777-9001-000
Land Assessment
$113,960 CAD
Improvements Assessment
$135,601 CAD
Total Assessment
$249,561 CAD
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Presented by
Modern MilwauKey Real Estate
2713 S Chicago Ave
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