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5-9 W Division St 11,500 SF 100% Leased Retail Building Chicago, IL 60610 $8,546,685 CAD ($743.19 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Prime irreplaceable Gold Coast location. DX-7 zoning. All spaces fully remodeled.
Executive Summary
Prime Gold Coast Real Estate. 3 net leases. Fully remodeled spaces. All tenants have 4am liquor licenses. OFFERING MEMORANDUM IN DATA ROOM IS OF BETTER QUALITY.
Data Room Click Here to Access
- Offering Memorandum
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 |
-
|
-
|
| Operating Expenses |
-
|
-
|
| 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 | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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
Property Type
Retail
Property Subtype
Bar
Building Size
11,500 SF
Building Class
B
Year Built
1974
Price
$8,546,685 CAD
Price Per SF
$743.19 CAD
Cap Rate
6.25%
NOI
$534,168 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.83
Lot Size
0.09 AC
Zoning
DX-7 - DX-7 Zoning which allows for prime future redevelopment.
Frontage
41’ on Division St
Amenities
- Signage
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-04-407-011-0000 | Improvements Assessment | $702,652 CAD (2025) |
| Land Assessment | $327,418 CAD (2025) | Total Assessment | $1,030,069 CAD (2025) |
Property Taxes
Parcel Number
17-04-407-011-0000
Land Assessment
$327,418 CAD (2025)
Improvements Assessment
$702,652 CAD (2025)
Total Assessment
$1,030,069 CAD (2025)
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
GB Realty Services LLC
5-9 W Division St
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