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Grand Ave Mixed Use Retail & Apartment Bldg 1216 W Grand Ave 4 850 pi² 63% Loué Commerce de détail Immeuble Chicago, IL 60642 1 377 578 $ CAD (284,04 $ CAD/pi²) 2,67% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- 4,850 SF Three-story mixed-use Retail & Apartment building For Sale
- 2nd floor & 3rd floor apartments (Both leased Month to Month)
- Asking Sale Price: $995,000 Unique Live/Work Opportunity
- 1st Floor 1,800 SF Vacant Commercial Space (retail, office, service etc…)
- Two, 2 bedroom & 2 bath units rented for $2,200 per month each
- Located on North side of Grand Ave between Ogden Ave & Racine Ave
RÉSUMÉ DE L'ANNONCE
For Sale: 3 Story Mixed Use retail/apartment Building
Asking Sale Price: $995,000
4,850 SF Bldg Size(1st Floor Retail & 2 apartment units)
1st Floor 1,800 SF (Vacant retail, office or service space)
2nd & 3rd floor apartments are leased with in-place income (Month to month leases)
Existing Monthly income = $4,400 per month
Ideal opportunity for user/investor to occupy
1st floor retail space and collect apartment lease income
Unique Live/Work Space opportunity
Located on North side of Grand Ave between Ogden Ave & Racine Ave
SUBJECT PROPERTY HIGHLIGHTS
• 4,850 SF Three-story mixed-use Retail & Apartment building For Sale
• 1st Floor 1,800 SF Commercial Space (retail, office, service etc…)
• 2nd floor & 3rd floor apartments (Both leased Month to Month)
(Two, 2 bedroom & 2 bath units rented for $2,200 per month each)
• includes numerous upgrades and renovations
• Zoning C1-2: Neighborhood Commercial District, Retail/Office and Apartments
• Lot Size: 2,544sf
• Private 2 Car Garage and Public Street Parking available
• Existing Monthly Income from 2 M/M apartment leases = $4,400 per month
• Real Estate Taxes: $16,506.61
• Current Occupancy: 67% (2 Apartments leased & 1 Vacant Retail space)
• Located just NW of Thriving Fulton Market District
• Excellent visibility near bustling Ogden & Grand Corridors
• PIN: 17-08-129-015-0000
• Located on North side of Grand Ave between Ogden Ave & Racine Ave.
• Ideal opportunity for user/investor to occupy 1st floor retail space and collect
apartment lease income
• Unique Live/Work Opportunity
Asking Sale Price: $995,000
4,850 SF Bldg Size(1st Floor Retail & 2 apartment units)
1st Floor 1,800 SF (Vacant retail, office or service space)
2nd & 3rd floor apartments are leased with in-place income (Month to month leases)
Existing Monthly income = $4,400 per month
Ideal opportunity for user/investor to occupy
1st floor retail space and collect apartment lease income
Unique Live/Work Space opportunity
Located on North side of Grand Ave between Ogden Ave & Racine Ave
SUBJECT PROPERTY HIGHLIGHTS
• 4,850 SF Three-story mixed-use Retail & Apartment building For Sale
• 1st Floor 1,800 SF Commercial Space (retail, office, service etc…)
• 2nd floor & 3rd floor apartments (Both leased Month to Month)
(Two, 2 bedroom & 2 bath units rented for $2,200 per month each)
• includes numerous upgrades and renovations
• Zoning C1-2: Neighborhood Commercial District, Retail/Office and Apartments
• Lot Size: 2,544sf
• Private 2 Car Garage and Public Street Parking available
• Existing Monthly Income from 2 M/M apartment leases = $4,400 per month
• Real Estate Taxes: $16,506.61
• Current Occupancy: 67% (2 Apartments leased & 1 Vacant Retail space)
• Located just NW of Thriving Fulton Market District
• Excellent visibility near bustling Ogden & Grand Corridors
• PIN: 17-08-129-015-0000
• Located on North side of Grand Ave between Ogden Ave & Racine Ave.
• Ideal opportunity for user/investor to occupy 1st floor retail space and collect
apartment lease income
• Unique Live/Work Opportunity
BILAN FINANCIER (RÉEL - 2024) Cliquez ici pour accéder à |
ANNUEL (CAD) | ANNUEL PAR pi² (CAD) |
|---|---|---|
| Revenu de location brut |
$99,999
|
$9.99
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
$99,999
|
$9.99
|
| Revenu net d’exploitation |
-
|
-
|
BILAN FINANCIER (RÉEL - 2024) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
4 850 pi²
Classe d’immeuble
C
Année de construction/rénovation
1915/2018
Prix
1 377 578 $ CAD
Prix par pi²
284,04 $ CAD
Taux de capitalisation
2,67%
Revenu net d’exploitation
36 842 $ CAD
Pourcentage loué
63%
Location
Multiples
Hauteur du bâtiment
3 étages
Coefficient d’occupation des sols de l’immeuble
1,91
Taille du lot
0,06 AC
Zonage
C1-2
Stationnement
2 places (0,41 places par 1 000 pi² loué)
Façade
93’ sur Grand Ave
COMMODITÉS
- Accès 24 heures
- Affichage
- Puits de lumière
- CVCA contrôlé par le locataire
- Climatisation
Walk Score®
Un paradis pour un marcheur (96)
Transit Score®
Excellent transport en commun (80)
Bike Score®
Un paradis pour un cycliste (97)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 17-08-129-015-0000 | Évaluation des bâtiments | 105 348 $ CAD |
| Évaluation du terrain | 26 605 $ CAD | Évaluation totale | 131 953 $ CAD |
Impôts fonciers
Numéro de lot
17-08-129-015-0000
Évaluation du terrain
26 605 $ CAD
Évaluation des bâtiments
105 348 $ CAD
Évaluation totale
131 953 $ CAD
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Grand Ave Mixed Use Retail & Apartment Bldg | 1216 W Grand Ave
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