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19585618

1809 W Webster Avenue, Chicago, IL 60614

MM
475141833
Hansen Realty Inc.
OS
IL 471018873, FL BK3400917
Hansen Realty Inc.
Listed by Hansen Realty Inc.
$2,850,000
684 days on market
Updated 59 days ago

1809 W Webster

Details
APN 14312100360000
Property Type Retail
Sub Type Storefront, Other (+1)
Square Footage 12,000
Net Rentable (SqFt) 12,000
Units 4
Cap Rate 11.68%
NOI $332,871
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $238
Year Built 1891
Buildings 2
Stories 2
Lot Size (SqFt) 13,616
Zoning COMMR
Investment Type Net Lease

Perfect for an Owner Occupied with the next lease is up

Marketing description

This rare mixed-use opportunity offers exceptional potential for an owner-occupant or investor in one of the area's most sought-after locations. Spanning 13,616 square feet, the property provides a versatile layout with multiple income-generating spaces and room for future expansion. The building features three fully built-out commercial units currently leased to established tenants, including Frame Factor and Simes Studio, along with one vacant unit ideal for an owner-user. An owner-occupant can immediately reduce expenses by leveraging the existing rental income while occupying the available space. Additional highlights include ample on-site parking, providing convenience for tenants, clients, and visitors. The property's flexible zoning allows for a wide range of uses, including retail, office, or residential.
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Listing Contacts

MM
475141833
Hansen Realty Inc.
OS
IL 471018873, FL BK3400917
Hansen Realty Inc.
Listed by Hansen Realty Inc.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$332,871.00
$27,739.25/mo

Valuation Metrics

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DSCR
11.68%
Cap Rate
11.68%
ROI

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Zoning

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C1-3 CommercialNeighborhood CommercialNeighborhood Commercial District
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View all 135 uses
View all 135 uses
Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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