355 W Chicago Avenue C4, CHICAGO IL 60654 Photo 1 355 W Chicago Avenue C4, CHICAGO IL 60654 Photo 2 355 W Chicago Avenue C4, CHICAGO IL 60654 Photo 3 355 W Chicago Avenue C4, CHICAGO IL 60654 Photo 4 355 W Chicago Avenue C4, CHICAGO IL 60654 Photo 5 355 W Chicago Avenue C4, CHICAGO IL 60654 Photo 6 355 W Chicago Avenue C4, CHICAGO IL 60654 Photo 7 355 W Chicago Avenue C4, CHICAGO IL 60654 Photo 8
Listing Courtesy of Northpoint Realty & Asset Mgmt

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355 W Chicago Avenue - River North Location. Approximately 1,700 SF Commercial condo at Lower level with street entrance. 5 years lease until 2021. Monthly Rental $2200, Tenant pays for gas, electric. 13% cap rate. Surrounded by neighborhood retails store front! Space features new tile floors, two bathroom, separate gas and electric, extra storage area, washer/dryer. Don't miss this deal!

Listing information

  • MLS® ID: 09181013
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Retail / Hospitality / Service
  • Stories: 4
  • Foreclosure: No
  • Year Built: 1920
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $10,222

Features

Air Conditioning Central Individual
Approximate Age Older
Construction Brick, Concrete
Current Use Commercial
Electrical Service 101-200 Amps
Exterior Building Type Brick
Extra Storage Spaces Available (Y/N) No
Fire Protection Fire Extinguisher/s, None
Floor Finish Tile, Wood
Foundation Concrete
Franchisor Feed(y/n) No
Geographic Locale Downtown Chicago
Heat/Ventilation Central Heat/Indiv Controls
Information After Hours Only, Listing Agent Must Accompany, No Sign on Property
Investment (Y/N) Yes
Location Free Standing/Urban, Public Transport Avail
Other # Of Drive In Doors - 0, # Of Tenants - 10, # Of TL Docks - 0, # Of Units - 10, Approx Total Bldg Sq Ft - 1700, Estimated Tax/Sf - 6, Expense Year - 2015, Gross Rental Income $ - 26400, Monthly Rental Price - 2200, Net Oper Income $ - 14486, Net Operating Income Year - 2015, Tax Year - 2015, Total Annual Exp - 1692, Total Annual Income - 26400, Total Monthly Income - 2200, Township - North Chicago, Zoning Type - Commr
Ownership Type Land Trust
Potential Use Commercial, Retail
Property Offered For Sale or Rent
Property Type Retail/Stores
Tenant Pays Air Conditioning, Electric, Heat, Insurance, Janitorial, Repairs and Maintenance
Listing Courtesy of Northpoint Realty & Asset Mgmt