Listed by Strauss Realty
$1,099,000
3014 W. Irving Park Road
Details
Property Type Mixed Use
Sub Type Mixed Use
Square Footage 7,267
Units 3
NOI $51,919
Tenancy Multi
Year Built 1913
Year Renovated 2015
Stories 2
Zoning B3-1
Parking Spaces 2 spaces
Parking Per SqFt 0.28
Investment Type Owner/User
Ceiling Height 25'
3014 W. Irving Park Rd., Chicago, IL 60618
Marketing description
FOR SALE: Theater and two residential units! Prime mixed-use opportunity in Irving Park. The property features a 5,183 SF, 150-seat theater with impressive 25' ceilings, plus two fully renovated 2BD/1BA apartments (2016). The turn-key theater space offers a full build-out including stage, seating, bar, and dressing rooms, while the residential units provide modern finishes and reliable income. Ideal for an owner-user, with in-place apartment revenue and a commercial lease in place through December. High-visibility Irving Park Road location with 41,000+ vehicles per day and convenient access to CTA buses and Blue Line.
Listing Contacts
Listed by Strauss Realty
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$51,918.73
$4,326.56/mo
Valuation Metrics
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DSCR
4.72%
Cap Rate
4.72%
ROI
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