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29095422
29095423

1616 N Damen Ave, Chicago, IL 60647 For Sale

BH
IL IL 475.165689
Greenstone Partners
Greenstone Partners
Listed by Greenstone Partners
$4,950,000
202 days on market
Updated 54 days ago

8.42% CAP - Retail / Medical - Core Wicker Park/Bucktown

Details
Property Type Mixed Use, Office (+1)
Sub Type Medical Office, Storefront
Square Footage 15,688
Net Rentable (SqFt) 11,219
Cap Rate 8.42%
NOI $416,619
Occupancy 100%
Tenancy Multi
Lease Type Net
Rent Bumps Yes
Price per SqFt $316
Buildings 1
Stories 3
Lot Size (SqFt) 4,356
Zoning B3-3
Investment Type Stabilized
Ground Lease No

Mixed Use - Medical Office / Retail | 8.42% CAP | 15,688 SF

Marketing description

CREDIT RATED TENANCY + COMMITMENT TO THE PROPERTY

PROMINENT RETAIL CORRIDOR

606 TRAIL + HIPSTER HIGHWAY

DESTINATION RESTAURANTS, TOURISM, ROBEY HOTEL

EXCEPTIONAL ACCESS TO PUBLIC TRANSIT

STRONG DEMOGRAPHICS

Listing Contacts

BH
IL IL 475.165689
Greenstone Partners
Greenstone Partners
Listed by Greenstone Partners

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$416,619.00
$34,718.25/mo

Valuation Metrics

0
DSCR
8.42%
Cap Rate
8.42%
ROI

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Additional Information

Name
Brewster Hague
License
IL 475.165689
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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