1 N Halsted St - Parking Lots & Garages FOR SALE
Chicago, IL 60661 |
1 N Halsted St
Chicago, IL 60661
HIGHLIGHTS
- Perfect for operator, or as an investment opportunity to acquire a self-parking structure with an in-place NOI of ±$568K.
- Ability to increase rents due to lack of area parking for new residences, businesses, office tenants, and restaurants.
- 264-stall self-parking structure within the 38-story mixed-use development.
- The property benefits from overflow of Whole Foods' 88-space underground parking garage and the overall lack of indoor parking in the surrounding area
- Surrounded by dense, affluent demographics with a population of ±74K and median household incomes of ±$133K within a one-mile radius.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Parking Lots & Garages
TOTAL BUILDING SIZE
119000
STORIES
4
BUILDING CLASS
B
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
270
LAND DETAILS
LAND ACRES
2.31 AC AC
LAND SF
100,815 SF
ZONING
-
APN/PARCEL ID
17-09-337-021-0000,17-09-337-022-0000,17-09-337-023-0000,17-09-337-024-0000,17-09-337-025-0000,17-09-337-026-0000,17-09-337-086-0000,17-09-337-087-0000,17-09-337-089-0000,17-09-337-090-0000,17-09-337-091-0000
