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3838-3840 N Harlem Ave 4,200 SF 67% Leased Retail Building Chicago, IL 60634 $521,246 CAD ($124.11 CAD/SF) 7.90% Cap Rate

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INVESTMENT HIGHLIGHTS

  • On heavily-trafficked Harlem Avenue. Tenant parking in rear of building.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $69,638 $16.58
Other Income - -
Vacancy Loss - -
Effective Gross Income $69,638 $16.58
Taxes $22,059 $5.25
Operating Expenses $6,255 $1.49
Total Expenses $28,314 $6.74
Net Operating Income $41,324 $9.84

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $69,638
Annual Per SF $16.58
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $69,638
Annual Per SF $16.58
Taxes (CAD)
Annual $22,059
Annual Per SF $5.25
Operating Expenses (CAD)
Annual $6,255
Annual Per SF $1.49
Total Expenses (CAD)
Annual $28,314
Annual Per SF $6.74
Net Operating Income (CAD)
Annual $41,324
Annual Per SF $9.84

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
4,200 SF
Building Class
C
Year Built
1957
Price
$521,246 CAD
Price Per SF
$124.11 CAD
Cap Rate
7.90%
NOI
$41,178 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.56
Lot Size
0.17 AC
Zoning
B3-2 - Community Shopping District
Parking
8 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
60’ on Harlem Ave

AMENITIES

  • Bus Line
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • 1,400 SF
  • -
  • -
  • -

En 1928, deux hommes partageaient la même vision de fournir un produit d'assurance de qualité à un prix raisonnable. Au cours des décennies qui ont suivi, Farmers Insurance s'est développée et s'est adaptée pour répondre aux besoins changeants des Américains. Cependant, une constante demeure : un engagement inébranlable à défendre ses idéaux fondateurs en fournissant des produits et des services de premier ordre de l'industrie aux clients qu'elle a le privilège de servir. Farmers Insurance se targue non seulement d'aider les clients à planifier judicieusement les imprévus, mais aussi de rétablir la commande lorsqu'elle se produit, afin qu'ils puissent poursuivre leur cheminement à travers les plans de vie. Aujourd'hui, Farmers Insurance est l'un des plus importants assureurs de véhicules, de maisons et de petites entreprises au pays, offrant une vaste gamme de produits d'assurance et de services financiers. Farmers Insurance est fière de servir des millions de ménages et d'entreprises dans les 50 États et le district de Columbia.

  • Toy Store
  • Retailer
  • 1,400 SF
  • -
  • Full Service
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance 1,400 SF - - -
Toy Store Retailer 1,400 SF - Full Service -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 1,400 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 1,400 SF Retail - Now

1st Floor

Size
1,400 SF
Space Use
Retail
Position
-
Available
Now
Walk Score®
Very Walkable (84)
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

Old National Bank
Byline Bank
Starbucks
Jenny Craig
Amazon Fresh
Huntington National Bank
Polish & Slavic Federal Credit Union
Chase Bank
PNC Bank
U.S. Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-24-216-028-0000
  • 12-24-216-027-0000
Land Assessment
$64,242 CAD
Improvements Assessment
$62,612 CAD
Total Assessment
$126,854 CAD
Annual Taxes
$22,059 CAD ($5.25 CAD/SF)
Tax Year
2025
  • Listing ID: 38579215

  • Date on Market: 2025-11-26

  • Last Updated:

  • Address: 3838-3840 N Harlem Ave, Chicago, IL 60634

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