Chicagoland Brokers, Inc.
Listed by Chicagoland Brokers, Inc.
$1,199,000
3256 N Elston Avenue
Details
APN 13243220250000
Property Type Mixed Use
Sub Type Mixed Use
Square Footage 5,368
Units 3
Cap Rate 7.24%
NOI $86,802
Occupancy 25%
Year Built 1916
Stories 2
Lot Size (SqFt) 6,250
Zoning OTHER
Mixed Use | 7.24% CAP | 5,368 SqFt
Marketing description
PERFECT FOR OWNER-USER | Terrific restaurant/business opportunity in booming Avondale | 5368 BUILDING SQUARE FEET | MANY NEW DEVELOPMENTS NEARBY | THIS INCLUDES SEVERAL MAJOR PROPOSED TOWNHOUSE COMPLEXS WITHIN SEVERAL BLOCKS 2500SF restaurant with two full basements, 2000SF of storage/ 5k monthly rent estimate Plus---TWO 2-bedroom apartments / 4k monthly total rent estimate for apartments TOTAL MONTHLY BUILDING RENT ESTIMATE ABOUT 9K A MONTH OR 108,000 PER YEAR Great corner visibility!---15,000 cars per day traffic VERY ACCESSIBLE LOCATION Very close to the Kennedy ramps via Sacramento, Kedzie, California 15 minute walk to the Blue Line at Kimball too
Listing Contacts
Chicagoland Brokers, Inc.
Listed by Chicagoland Brokers, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,802.00
$7,233.50/mo
Valuation Metrics
0
DSCR
7.24%
Cap Rate
7.24%
ROI
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