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Retail Center 5159 W Diversey Ave 7,600 SF 100% Leased Retail Building Chicago, IL 60639 $1,708,298 CAD ($224.78 CAD/SF) 7.93% Cap Rate
EXECUTIVE SUMMARY
• Major intersection of Diversey Ave. at Larmie Ave., traffic light intersection.
• Strong street presence and visibility 5-leased retail stores.
• Heavily traffic and pedestrian count at strong business/commercial corridor.
• Corner site across from the Walgreens and Currency exchange store.
• Approximately, 7,500 Sq. ft. building.
• 4-Tandem parking spaces in the rear of the building.
• Well populated business corridor and dens populated residential district.
• Current real estate taxes are approximately $28,858.
• Pin Number: 3-pin numbers.
• Year Built 1943.
• Leases with rent escalation.
• Strong street presence and visibility 5-leased retail stores.
• Heavily traffic and pedestrian count at strong business/commercial corridor.
• Corner site across from the Walgreens and Currency exchange store.
• Approximately, 7,500 Sq. ft. building.
• 4-Tandem parking spaces in the rear of the building.
• Well populated business corridor and dens populated residential district.
• Current real estate taxes are approximately $28,858.
• Pin Number: 3-pin numbers.
• Year Built 1943.
• Leases with rent escalation.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,600 SF
Building Class
C
Year Built
1943
Price
$1,708,298 CAD
Price Per SF
$224.78 CAD
Cap Rate
7.93%
NOI
$135,436 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.17 AC
Zoning
B1-1 - Neighborhood Shopping district
Frontage
67’ on West Diversey Avenue
AMENITIES
- Bus Line
- Signage
- Air Conditioning
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13-28-400-001-0000 | Improvements Assessment | $65,559 CAD |
| Land Assessment | $28,425 CAD | Total Assessment | $93,984 CAD |
PROPERTY TAXES
Parcel Number
13-28-400-001-0000
Land Assessment
$28,425 CAD
Improvements Assessment
$65,559 CAD
Total Assessment
$93,984 CAD
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Retail Center | 5159 W Diversey Ave
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