3139 N Broadway St - Retail FOR SALE


Chicago, IL 60657- Lakeview
$3,900,000 USD
773-517-9740
3139 N Broadway St, Chicago, IL for Sale
$3,900,000 USD
Retail - FOR SALE
1/24
null | 6.82% Cap Rate

NEW


3139 N Broadway St
Chicago, IL 60657
Lakeview


HIGHLIGHTS

  • Fully leased Lakeview retail asset with seven tenants across 5,351 square feet
  • Irreplaceable North Broadway location surrounded by dense population and national retailers
  • Stable in-place NOI of $265,859 with opportunity for long-term upside

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$762 USD /SF

CAP RATE

6.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,360 SF

ZONING

B3-2

APN/PARCEL ID

14-28-102-013-0000

ASK ABOUT THIS PROPERTY

Terri CoxMatanky Realty GroupMore Info
773-517-9740

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Terri CoxMatanky Realty GroupMore Info
773-517-9740

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