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5041 S Prairie Ave 8,250 SF Retail Building Chicago, IL 60615 $1,674,240 CAD ($202.94 CAD/SF) 9.32% Cap Rate

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INVESTMENT HIGHLIGHTS

  • xisting Tenant is doing complete Remodeling and Build Out For his Business

EXECUTIVE SUMMARY

Great Investment Leased Property with NNN Lease for long period , Existing Tenant is doing complete Remodeling and Build Out For his Business . Free Standing 8,250.SF Building on an 18,100.sf Lot, The parking can accommodate over 15 Cars. Great Location in a busy business district . also located near the CTA EL Station .

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,250 SF
Building Class
C
Year Built
1951
Price
$1,674,240 CAD
Price Per SF
$202.94 CAD
Cap Rate
9.32%
NOI
$156,049 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.42 AC
Zoning
B3-2 - B3-2 Zoning Allows for a variety of uses
Parking
15 Spaces (1.81 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Ground
  • 8,250 SF
  • Retail
  • -
  • Now

Freestanding +/-8,250sf Building on an 18,100sf site.

Space Size Space Use Position Available
Ground 8,250 SF Retail - Now

Ground

Size
8,250 SF
Space Use
Retail
Position
-
Available
Now

Ground

Size 8,250 SF
Space Use Retail
Position -
Available Now

Freestanding +/-8,250sf Building on an 18,100sf site.

Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (75)
Bike Score®
Very Bikeable (77)
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
Jazzercise
BMO
Checkers
Chase Bank
Starbucks
Citi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-10-122-020-0000
Land Assessment
$95,647 CAD
Improvements Assessment
$38,312 CAD
Total Assessment
$133,959 CAD
  • Listing ID: 25817096

  • Date on Market: 2022-05-31

  • Last Updated:

  • Address: 5041 S Prairie Ave, Chicago, IL 60615

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