Share This Listing

Message

956 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

5140-5144 W Madison St 2,400 SF 65% Leased Retail Building Chicago, IL 60644 $459,340 CAD ($191.39 CAD/SF) 11.82% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $80,778 $33.66
Other Income - -
Vacancy Loss - -
Effective Gross Income $80,778 $33.66
Taxes $12,415 $5.17
Operating Expenses $5,104 $2.13
Total Expenses $17,518 $7.30
Net Operating Income $63,259 $26.36

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income (CAD)
Annual $80,778
Annual Per SF $33.66
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $80,778
Annual Per SF $33.66
Taxes (CAD)
Annual $12,415
Annual Per SF $5.17
Operating Expenses (CAD)
Annual $5,104
Annual Per SF $2.13
Total Expenses (CAD)
Annual $17,518
Annual Per SF $7.30
Net Operating Income (CAD)
Annual $63,259
Annual Per SF $26.36

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,400 SF
Building Class
C
Year Built
1916
Price
$459,340 CAD
Price Per SF
$191.39 CAD
Cap Rate
11.82%
NOI
$54,293 CAD
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.61
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
B3-2; Chicago - Community Shopping District
Parking
2 Spaces (0.83 Spaces per 1,000 SF Leased)

AMENITIES

  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 5144
  • 850 SF
  • Retail
  • In-Line
  • Now

A shell retail space equipped with air conditioning, central heating, high ceilings, and private restrooms. Previously a Boost Mobile.

Space Size Space Use Position Available
5144 850 SF Retail In-Line Now

5144

Size
850 SF
Space Use
Retail
Position
In-Line
Available
Now

5144

Size 850 SF
Space Use Retail
Position In-Line
Available Now

A shell retail space equipped with air conditioning, central heating, high ceilings, and private restrooms. Previously a Boost Mobile.

Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (72)
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

StorageMart
The YMCA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-09-425-026-0000
Land Assessment
$17,905 CAD
Improvements Assessment
$69,554 CAD
Total Assessment
$87,459 CAD
Annual Taxes
$12,415 CAD ($5.17 CAD/SF)
Tax Year
2024
  • Listing ID: 30955574

  • Date on Market: 2024-02-14

  • Last Updated:

  • Address: 5140-5144 W Madison St, Chicago, IL 60644

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}