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33715021
33715022

935 W WEBSTER AVE, CHICAGO, IL 60614-3626

BH
IL IL 475.165689
Greenstone Partners
Greenstone Partners
Listed by Greenstone Partners
$10,863,000
1 day on market
Updated 1 day ago

935 W WEBSTER AVE CHICAGO IL 60614-3626

Details
APN 14322170060000
Property Type Retail, Multifamily (+1)
Sub Type Apartment Building, Restaurant
Square Footage 14,798
Net Rentable (SqFt) 14,798
Cap Rate 6.25%
NOI $678,942
Occupancy 100%
Tenancy Multi
Brand/Tenant Foxtrot, Sushi Taku
Year Built 2024
Buildings 1
Stories 1
Lot Size (SqFt) 9,426
Zoning B1-2
Parking Spaces 2 spaces
Parking Per SqFt 0.14
Ground Lease No

New Construction Mixed-Use | Lincoln Park

Marketing description

Greenstone Partners, as the Exclusive Investment Advisors, is pleased to present the opportunity to acquire the 100% fee-simple interest in 935 West Webster Avenue (the “Property”), a 100% leased, urban infill mixed-use redevelopment prominently located in the heart of Chicago’s Lincoln Park

neighborhood and DePaul University.

The ±14,798 square foot, three-story mixed-use property is situated upon ±9,426 square feet of land at the corner of Webster Avenue and Bissell Avenue. Originally constructed as a single-story retail property, the Property underwent a complete redevelopment in 2024. The first floor now consists

of two (2) well-known retail tenants totaling ±7,504 square feet, while the second and third floors feature four (4) newly constructed apartment units, each configured as 4 bed / 2 bath layouts. The retail space is leased to Sushi Taku Rotary and Foxtrot Market under net leases with a weighted average lease term (“WALT”) of 8.29 years, and the two tenants collectively reimburse

over 75% of taxes and operating expenses.

The Property is positioned in the heart of Lincoln Park, one of Chicago’s most affluent and sought-after neighborhoods, known for its vibrant dining scene, boutique retail corridors, and strong residential demand. The surrounding area is home to a diverse mix of acclaimed restaurants, neighborhood bars, and national retailers that draw both local residents and visitors throughout

the year. Additionally, the Property benefits from its proximity to DePaul University, one of the nation’s largest private universities, with approximately 24,000 students and over 4,000 faculty and staff contributing to a significant and consistent consumer base in the surrounding area.

Within 1-mile, demographics include an average household income exceeding $154,000, a median home value over $733,000, and a total population of 76,499.

Investment highlights

Heart of Depaul University

Turnkey New Construction

Regional Retail Tenants + Net Leases

Diversified Income Stream

Area Transformation: Lincoln Common

Lincoln Park: #1 Income Zip Code

Massive Discretionary Spending

Exceptional Visibility

Listing Contacts

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

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$678,942.00
$56,578.50/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

Map

Zoning

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B1-2 CommercialNeighborhood CommercialNeighborhood Shopping District
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Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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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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