Listed by Pearson Realty Group
$374,900
334 E. 75th St., Chicago, 60619
Details
APN 20271220360000
Property Type Mixed Use
Sub Type Mixed Use
Square Footage 5,392
Units 4
Cap Rate 8.35%
NOI $35,400
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps No
Pro-Forma Cap Rate 12.76%
Pro-Forma NOI $47,850
Price per SqFt $70
Broker Co-Op Yes
Class C
Year Built 1914
Buildings 1
Stories 2
Lot Size (SqFt) 4,410
Zoning C
Investment Type Value Add
Ground Lease No
Ownership fee simple
Sale Condition For sale by owner
Mixed Use | 8.35% CAP | 5,392 SqFt
Marketing description
Located just east of the I-94 Expressway, this 2 story mixed use property is located on one of the best commercial strips in the Grand Crossing/Chatham area. World famous Lem's BBQ is across the street, Brown Sugar Bakery and Mabe's Deli are next door, and A&S Beverages, which is one of the best retail Beverage Stores in the city is located next to Mabe's. This building is fully occupied, with 2 retail spaces on the ground floor, and two 3 bed/1 bath residential apartments on the 2nd floor.
Listing Contacts
Listed by Pearson Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$35,400.00
$2,950.00/mo
Valuation Metrics
0
DSCR
9.44%
Cap Rate
9.44%
ROI
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