1012 W Randolph St - Apartments FOR SALE


Chicago, IL 60607- Fulton Market
$4,760,000 USD
312-676-1866
1012 W Randolph St, Chicago, IL for Sale
$4,760,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

1012 W Randolph St
Chicago, IL 60607
Fulton Market


HIGHLIGHTS

  • Irreplaceable Restaurant Row location. | Mixed-use property anchored by national fast-casual restaurant tenant, Roti.
  • Three fully renovated, full-floor luxury residential units.
  • Heavy timber loft-style building with downtown views.
  • C1-3 zoning allows for a variety of uses
  • Fully stabilized, turn-key property - 100% leased.
  • Permitted signage income

OVERVIEW

Introducing a prime investment opportunity in the heart of Chicago: 1012 W Randolph St. This 6,500 SF mixed-use retail and multifamily property, originally built in 1926 and fully renovated in 2019, boasts four fully leased units. The heavy timber loft-style building offers breathtaking downtown views, with a diverse array of potential uses under its C1-3 zoning. With an irreplaceable location on Restaurant Row, a national fast-casual restaurant tenant, Roti, anchors this mixed-use property. Additionally, permitted signage income and 100% occupancy make this a fully stabilized, turn-key investment. Don't miss out on this exceptional opportunity.

FOR SALE DETAILS

PRICE

$4,760,000 USD

PRICE/SF

$701 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,190,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1926

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,634 SF

ZONING

C1-3

APN/PARCEL ID

17-08-430-015-0000

ASK ABOUT THIS PROPERTY

Drew DillonSVN | Chicago CommercialMore Info
312-676-1866

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Drew DillonSVN | Chicago CommercialMore Info
312-676-1866

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.