3450 N Southport Avenue, CHICAGO IL 60657 Photo 1 3450 N Southport Avenue, CHICAGO IL 60657 Photo 2 3450 N Southport Avenue, CHICAGO IL 60657 Photo 3 3450 N Southport Avenue, CHICAGO IL 60657 Photo 4 3450 N Southport Avenue, CHICAGO IL 60657 Photo 5 3450 N Southport Avenue, CHICAGO IL 60657 Photo 6 3450 N Southport Avenue, CHICAGO IL 60657 Photo 7 3450 N Southport Avenue, CHICAGO IL 60657 Photo 8 3450 N Southport Avenue, CHICAGO IL 60657 Photo 9 3450 N Southport Avenue, CHICAGO IL 60657 Photo 10
Listing Courtesy of Jameson Commercial

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3450 N Southport Avenue - NNN Investment / Retail Condo located in heart of SOUTHPORT RETAIL CORRIDOR in Lakeview neighborhood of Chicago leased to BENEFIT COSMETICS. NOI of $62K annually, increasing to $68K in 2018 . Area retailers include J Crew, GAP, Lululemon, Starbuck's, Paper Source, Anthropologie and more. Great income generating investment on a vibrant retail corridor surrounded by high household incomes. Also located near Wrigley Field home of Chicago Cubs, currently going through $500 million in renovations.

Listing information

  • MLS® ID: 09166872
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Retail / Hospitality / Service
  • Stories: 4
  • Foreclosure: No
  • Year Built: 2015
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $11,666

Features

Air Conditioning Central Air
Approximate Age New Construction
Construction Brick
Current Use Condominium
Docks None
Electrical Service 101-200 Amps
Exterior Building Type Brick
Financial Amounts for Total Building (Rental Only) Yes
Fire Protection Other, Sprinklers-Wet
Floor Finish Tile
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale Chicago North
Heat/Ventilation Central Heat/Indiv Controls
Information Highly Confidential, No Sign on Property, Other-See Remarks, Show-Special Instructions
Known Encumbrances None Known
Location Mixed Use Area
Other # Of Drive In Doors - 0, # Of TL Docks - 0, Approx Total Bldg Sq Ft - 6600, Ceiling Height (Ft) - 13, Expense Year - 2015, Green Supporting Documents - N, Gross Rental Income $ - 75464, Net Oper Income $ - 61875, Net Operating Income Year - 2015, Tax Year - 2014, Total Annual Exp - 1923, Total Annual Income - 75464, Township - Lake View, Zoning Type - Multi
Ownership Type Individual
Potential Use Commercial, Retail
Property Offered For Sale Only
Property Type Retail/Stores
Roof Coverings Tar and Gravel
Roof Structure Flat
Tenant Pays Air Conditioning, Common Area Maintenance, Electric, Heat, Insurance, Real Property Taxes
Unincorporated (Y/N) No
Water Drainage Other
Listing Courtesy of Jameson Commercial