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15068793
15068794

7122 S Vincennes Ave, Chicago, IL 60621

AB
NY 10491212878
Coldwell Banker Commercial AMH
NC
NY 10401345639
Coldwell Banker Commercial AMH
Listed by Coldwell Banker Commercial AMH
$989,000
853 days on market
Updated 13 days ago
Opportunity zone

7122 Vincennes Ave Shopping Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 7,365
Net Rentable (SqFt) 7,365
Units 6
Cap Rate 10.79%
NOI $106,703
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $134
Class C
Year Built 2008/2010
Buildings 1
Stories 1
Acreage 0.490
Zoning C1-2
Ownership 100%

Great 6 unit Money Making Shopping Center.

Marketing description

Introducing 7122 S VINCENNES AVE, CHICAGO, IL 60621! This 5-unit strip center is a lucrative investment opportunity with a total income of $140,232 and a Net Operating Income of $106,703. Situated on a 21,320 sq. ft. lot, the property boasts a building size of 7,365 sq. ft., making it ideal for a range of businesses. With current tenants already in place, this property offers immediate rental income potential. The 2025 projected expenses are manageable at $33,529, ensuring a healthy NOI. From parking lot maintenance to snow removal, the operational costs are transparent, allowing for confident decision-making. Don't miss the chance to own this prime commercial property! Priced attractively at $989,000, this is a fantastic opportunity to add a high-performing asset to your real estate portfolio. Contact us today to learn more about 7122 S VINCENNES AVE and secure your investment in the bustling Chicago market.

Listing Contacts

AB
NY 10491212878
Coldwell Banker Commercial AMH
NC
NY 10401345639
Coldwell Banker Commercial AMH
Listed by Coldwell Banker Commercial AMH

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,703.00
$8,891.92/mo

Valuation Metrics

0
DSCR
10.79%
Cap Rate
10.79%
ROI

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