3130-3144 N Sheffield Ave - Apartments CONDO FOR SALE


Chicago, IL 60657- Lakeview
$3,120,000 USD
918-794-9516
3130-3144 N Sheffield Ave, Chicago, IL for Sale
$3,120,000 USD
Apartments CONDO - FOR SALE
1/9
null | 7.5% Cap Rate

3130-3144 N Sheffield Ave
Chicago, IL 60657
Lakeview


HIGHLIGHTS

  • Rare opportunity to acquire an investment asset in a prime Chicago location, supported by a dense urban setting with 1,040,787 residents
  • Additionally, the Property benefits from an average household income of $200,906 within a 5-minute walk. (
  • Both Yoga Box and Chiro One are operating under a NNN lease structure

OVERVIEW

Both Yoga Box and Chiro One are operating under a NNN lease structure, leaving minimal responsibilities to the Landlord. Additionally, the Property benefits from annual rental increases from both tenants, providing increasing returns and an effective hedge against inflation.

FOR SALE DETAILS

PRICE

$3,120,000 USD

PRICE/SF

$439 USD /SF

CAP RATE

7.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Occupied Retail Condo

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

99,510 SF

STORIES

6

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,573 SF

ZONING

PD 775

APN/PARCEL ID

14-29-203-045-1015,14-29-203-045-1019,14-29-203-045-1021,14-29-203-045-1029,14-29-203-045-1042,14-29-203-045-1046,14-29-203-045-1060,14-29-203-045-1066,14-29-203-045-1067,14-29-203-045-1076,14-29-203-045-1077,14-29-203-045-1079,14-29-203-047-0000

ASK ABOUT THIS PROPERTY

Chad ByerlyNorthmarqMore Info
918-794-9516

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Chad ByerlyNorthmarqMore Info
918-794-9516

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