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4650 S Indiana Ave 11,000 SF 21% Leased Retail Building Chicago, IL 60653 $2,213,424 CAD ($201.22 CAD/SF) 8.65% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Parking lot
  • Newly remodeled
  • Large Bright Windows
  • Private office space

EXECUTIVE SUMMARY

Investment Value add or Owner User. Two tenants in place.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
11,000 SF
Building Class
C
Year Built
1948
Price
$2,213,424 CAD
Price Per SF
$201.22 CAD
Cap Rate
8.65%
NOI
$191,385 CAD
Percent Leased
21%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.47 AC
Zoning
B3-3 - Shopping centers, large stores, and retail storefronts, often along major streets. Allows more types of businesses than B1 and B2 districts. Apartment
Parking
31 Spaces (2.82 Spaces per 1,000 SF Leased)
Frontage
147’ on South Indiana Avenue

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 2,600 SF
  • Retail
  • -
  • Now

2,600 SF space built out as a convenient store.

  • 1st Floor
  • 4,400 SF
  • Retail
  • In-Line
  • Now

4,400 renovated retail space.

  • 2nd Floor
  • 1,700 SF
  • Office
  • -
  • Now

2nd floor office space.

Space Size Space Use Position Available
1st Floor 2,600 SF Retail - Now
1st Floor 4,400 SF Retail In-Line Now
2nd Floor 1,700 SF Office - Now

1st Floor

Size
2,600 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size
4,400 SF
Space Use
Retail
Position
In-Line
Available
Now

2nd Floor

Size
1,700 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 2,600 SF
Space Use Retail
Position -
Available Now

2,600 SF space built out as a convenient store.

1st Floor

Size 4,400 SF
Space Use Retail
Position In-Line
Available Now

4,400 renovated retail space.

2nd Floor

Size 1,700 SF
Space Use Office
Position -
Available Now

2nd floor office space.

Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (70)
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

CrossFit
Harold's Chicken
BMO
Jazzercise
United Rentals-equipment & Tool Rentals

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-03-320-031-0000
Land Assessment
$108,514 CAD
Improvements Assessment
$123,751 CAD
Total Assessment
$232,264 CAD
  • Listing ID: 30836194

  • Date on Market: 2024-01-31

  • Last Updated:

  • Address: 4650 S Indiana Ave, Chicago, IL 60653

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