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7006 W Diversey Ave
Chicago, IL 60707
Retail Property For Sale

Investment Highlights

  • Multi-use property
  • Highly trafficked area
  • Great street visibility
  • 100% occupied

Executive Summary

Introducing a remarkable opportunity that offers endless possibilities in a prime location. This mixed use property ensures excellent visibility, foot traffic, and accessibility, maximizing its potential to attract customers and clients. This property presents three distinct spaces, each with its own unique potential, perfect for the savvy investor or entrepreneur seeking a versatile space to transform their vision into reality. All occupied units are under fully negotiable leases, generating a yearly income of 56,400k. The first space is a 800 sq ft vibrant retail store. Adjacent to this exciting shop is another 800 sq ft turnkey restaurant with a welcoming ambiance and a well-equipped kitchen, making it an enticing option for those seeking a ready-to-go business venture. Nestled at the rear of the property is a charming (approx.2400 sq ft) 3 bed & 1 1/2 bath coach house. Already occupied as well, this income-generating unit adds an additional layer of value to the property, offering a consistent revenue stream. Furthermore, the coach house is complemented by a delightful yard, providing a tranquil retreat. With all of these versatile spaces, this property is a rare find, catering to the aspirations of investors, restaurateurs, and entrepreneurs alike. Don't miss out on this extraordinary opportunity to make your mark in the mixed use property arena. Embrace the possibilities, unlock the potential, and set the stage for your business venture in this remarkable space. Contact me today to schedule a viewing and seize the chance to turn your dreams into reality!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,200 SF
Building Class
C
Year Built
1953
Price
$742,478 CAD
Price Per SF
$176.78 CAD
Cap Rate
10.54%
NOI
$78,272 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.17
Lot Size
0.08 AC
Zoning
C-1 mixed - mixed use

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
13-30-131-024-0000
Land Assessment
$20,557 CAD
Improvements Assessment
$45,768 CAD
Total Assessment
$66,325 CAD
  • Listing ID: 34149091

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 7006 W Diversey Ave, Chicago, IL 60707

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