3014 W Irving Park Rd - Storefront Retail/Residential FOR SALE


Chicago, IL 60618- Albany Park
$1,099,000 USD
773-736-3600
3014 W Irving Park Rd, Chicago, IL for Sale
$1,099,000 USD
Storefront Retail/Residential - FOR SALE
1/44
null | Request Cap Rate

3014 W Irving Park Rd
Chicago, IL 60618
Albany Park


HIGHLIGHTS

  • TRAFFIC COUNT: 41,000 Vehicles per day along Irving Park Road
  • Fully built-out theater - 5,183 square feet, 150-seats, 25 ft. ceiling
  • Two 2BD/1BA apartments were gut-renovated in 2016
  • Theater space has over $1M in capital improvements, including a full build-out with stage, seating, bar, dressing rooms, infrastructure
  • Theater has a current lease in place until December and then will be ready for use by an owner-user
  • Access to CTA bus routes and the Blue Line, with direct connectivity to O’Hare and downtown Chicago

OVERVIEW

Incredible mixed-use opportunity in Chicago’s Irving Park with THEATER and two residential units! Building totals approximately 7,267 SF. Features a 5,183 SF theater with 150 seats and 25’ ceilings. The high bay section is 46'x58'. The second level includes two 2BD/1BA residential units renovated in 2016. The theater space includes significant capital improvements, including full build-out with stage, seating, bar, and dressing rooms. Two residential units offer updated finishes and systems. Strong owner-user opportunity with in-place residential income and a commercial lease in place through December. High-visibility location on Irving Park Road with over 41,000 vehicles per day and access to public transportation (CTA Buses and Blue Line). CONTACT AGENTS FOR A SHOWING! (773) 736-3600

FOR SALE DETAILS

PRICE

$1,099,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Windy City Playhouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

50

APN/PARCEL ID

13-13-327-027-0000

ASK ABOUT THIS PROPERTY

Craig WolfStrauss RealtyMore Info
773-736-3600

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Craig WolfStrauss RealtyMore Info
773-736-3600

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