Star Realty & Management
Listed by Star Realty & Management
$380,000
1747 W NORTH Avenue C
Details
APN 17062030501001
Property Type Retail
Sub Type Storefront, Neighborhood Storefront
Cap Rate 8.50%
NOI $33,515
Year Built 2009
Stories 4
Zoning COMMR
Retail | 8.50% CAP
Marketing description
An exceptional investment opportunity at 1747 W. North Ave, in the heart of Chicago's vibrant Wicker Park. This 1,300 sq. ft. newer construction commercial condo is fully leased to Waterman State Bank, a strong credit tenant, through September 30, 2028. The tenant has demonstrated a strong commitment to the location by recently exercising an early 2-year lease extension. This offering represents a secure, hands-off investment with a reliable income stream in one of Chicago's most sought-after neighborhoods.
Listing Contacts
Star Realty & Management
Listed by Star Realty & Management
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,515.00
$2,792.92/mo
Valuation Metrics
0
DSCR
8.82%
Cap Rate
8.82%
ROI
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