1640 W Fullerton Ave - Bank FOR SALE


Chicago, IL 60614- DePaul
$4,350,000 USD
602-561-2830
1640 W Fullerton Ave, Chicago, IL for Sale
$4,350,000 USD
Bank - FOR SALE
1/33
null | Request Cap Rate

1640 W Fullerton Ave
Chicago, IL 60614
DePaul


HIGHLIGHTS

  • Existing Drive-Thru
  • Highly visible corner with signage opportunity
  • Parking Lot
  • Heavy Daytime Traffic

OVERVIEW

- FLEXIBLE SELLER FINANCING: The owner is offering financing at a variable rate of U.S. Prime Rate + 2.0%. - Structure: Freestanding two-story masonry building constructed in 2004. - Frontage & Depth: 175 feet of frontage on Fullerton and 171 feet on Clybourn. - Parking: 11 on-site surface parking spaces (2.09/1,000 SF ratio). Two curb-cuts. - Drive-Thru: Existing drive-thru infrastructure with curb cuts on both Fullerton and Clybourn. - Visibility: Highly visible corner with signage opportunity at a high-traffic intersection (24,000+ VPD on Fullerton). - Transit Access: Less than one mile to both the Fullerton CTA Station (Red/Brown/Purple) and Clybourn Metra Station. - Transit Oriented Development (TOD): Yes - Availability: Entire building must be leased to a single user – no demising. - Zoning: M1-2 - Enterprise Zone: Property can be rezoned for residential. Property is within Enterprise Zone 4. - HB2621 Affordable Tax Incentive: Qualifies for Tier 3 - Alderman: Scott Waguespack (32nd Ward) - Neighborhood: Lincoln Park

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$825 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

undefined, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

M1-2

APN/PARCEL ID

14-30-400-061-0000

ASK ABOUT THIS PROPERTY

Anthony HernandezGoldstreet PartnersMore Info
602-561-2830

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Anthony HernandezGoldstreet PartnersMore Info
602-561-2830

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