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Faits saillants de l'investissement
- High-visibility corner location at N Harlem Avenue and W Foster Avenue with approximately 36,200 VPD.
- Significant value-add potential through the lease-up of approximately 4,896 square feet.
- Strong surrounding retail mix supports consistent demand for professional office space.
- 61% occupancy with 15 suites leased to service-oriented, professional, and financial tenants.
- Excellent transportation connectivity with access to Blue Line, I-90, and O’Hare International Airport.
- Owner-user purchase option with flexible lease terms in place.
Résumé de l'annonce
5151 N Harlem Avenue offers a rare value-add investment opportunity within Chicago’s high-demand Northwest Side office market. This 12,596-square-foot, three-story property is prominently located at the signalized intersection of N Harlem Avenue and W Foster Avenue in a corridor with strong traffic exposure of approximately 36,200 vehicles per day. The building is currently 61% occupied by a diverse tenant roster across financial, professional, and service uses, providing stable in-place income with upside potential through lease-up of the remaining approximately 4,896 square feet.
Tenants benefit from exceptional accessibility, including proximity to the Harlem CTA Blue Line station, direct access to I-90, and quick connectivity to O’Hare International Airport. The surrounding area features a strong mix of national and local retailers such as Target, Kohl’s, Best Buy, Dick’s Sporting Goods, Marshalls, Nordstrom Rack, and multiple restaurants. Investors have the opportunity to capitalize on market fundamentals, including limited supply and long-term demand for well-located office assets. Flexible lease structures further enhance owner-user potential, creating a compelling investment for both stabilization and future appreciation.
Tenants benefit from exceptional accessibility, including proximity to the Harlem CTA Blue Line station, direct access to I-90, and quick connectivity to O’Hare International Airport. The surrounding area features a strong mix of national and local retailers such as Target, Kohl’s, Best Buy, Dick’s Sporting Goods, Marshalls, Nordstrom Rack, and multiple restaurants. Investors have the opportunity to capitalize on market fundamentals, including limited supply and long-term demand for well-located office assets. Flexible lease structures further enhance owner-user potential, creating a compelling investment for both stabilization and future appreciation.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Médical
Taille du bâtiment
12 596 pi²
Classe d’immeuble
C
Année de construction
1965
Pourcentage loué
61%
Location
Multiples
Hauteur du bâtiment
3 étages
Superficie de plancher typique
4 198 pi²
Dalle à dalle
10’
Coefficient d’occupation des sols de l’immeuble
1,16
Taille du lot
0,25 AC
Zonage
B3-1 - Quartier commerçante communautaire
Stationnement
20 places (1,54 places par 1 000 pi² loué)
Commodités
- Ligne d'autobus
Moyennement accessible à pied
70/100
Moyennement adapté aux voitures
70/100
Bons transports en commun
60/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 13-07-300-014-0000 | Évaluation des bâtiments | 243 577 $ CAD |
| Évaluation du terrain | 114 380 $ CAD | Évaluation totale | 357 957 $ CAD |
Impôts fonciers
Numéro de lot
13-07-300-014-0000
Évaluation du terrain
114 380 $ CAD
Évaluation des bâtiments
243 577 $ CAD
Évaluation totale
357 957 $ CAD
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5151 N. Harlem Ave | 5151 N Harlem Ave
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