3139–3151 N Broadway Ave is a fully leased multi-tenant retail asset located in Chicago’s high-demand Lakeview neighborhood. The 5,351 square foot building includes seven street-level storefronts and sits on a 0.15 acre parcel zoned B3 2. The property is 100 percent occupied by a diversified tenant mix including Bonci Pizza, Great Clips, Just Food for Dogs, Buena Vista, and Lakeview Smoke and Vape. These tenants offer strong consumer appeal and drive steady foot traffic.
The asset provides stable in-place cash flow with a net operating income of 265,859 dollars and a cap rate of 6.8 percent. Most leases require minimal landlord responsibilities. The location benefits from excellent demographics with over 90,000 residents and 54,000 households within one mile and traffic counts of approximately 17,700 vehicles per day.
Positioned in one of Chicago’s most walkable and densely populated neighborhoods, this offering presents a rare opportunity to acquire a stabilized retail property in a high barrier to entry market. The asset offers strong tenant retention, visibility, and long-term income potential.