Listed by Chicago Real Estate Resources Inc
$589,000
1659 W Chicago Avenue
Details
APN 17072030390000
Property Type Retail, Multifamily
Sub Type Storefront, Apartment Building
Square Footage 1,720
Cap Rate 7.50%
NOI $44,160
Lot Size (SqFt) 12,250
Zoning B1-2
Retail | 7.50% CAP | 1,720 SqFt
Marketing description
1,730 SF corner storefront on high-traffic Chicago Avenue * B1-2 zoning with flexible use potential * Two ADA-compliant restrooms * Strong visibility with excellent signage/branding opportunity * No HOA or assessments. * Ideal for owner-user or investment, supported by dense surrounding residential base. Excellent candidate for 1031 Approximate good cap rate.
Listing Contacts
Listed by Chicago Real Estate Resources Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$44,160.00
$3,680.00/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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