3415-3419 W Peterson Ave - Storefront FOR SALE


Chicago, IL 60659- North Park
$1,130,000 USD
847-778-8746
3415-3419 W Peterson Ave, Chicago, IL for Sale
$1,130,000 USD
Storefront - FOR SALE
1/11
null | 6.1% Cap Rate

3415-3419 W Peterson Ave
Chicago, IL 60659
North Park


HIGHLIGHTS

  • Five (5) retail storefronts of ±4,500 SF plus five(5) detached garage units
  • Frontage on the arterial serving North Park, West Ridge, and Lincolnwood, with Edens Expressway (I-94) access at Peterson

OVERVIEW

Triton Realty Group presents 3415-19 W. Peterson Ave., occupied with four (4) tenants in five (5) storefront retail bays spanning ±4,500 SF. Additionally, three separate tenants occupy five garage units spanning ±1,300 SF for additional income. Asset is positioned on a primary east-west arterial in Chicago's North Park neighborhood with traffic count of ±30,000 daily. Retail suites of ±1,300 SF, ±1,800 SF, and ±1,550 SF are leased to Dure Community Center, Zombie Unicorn Comics, and a psychic consultancy, with the garage units leased separately — seven total income streams. Constructed in 1950, the property occupies a 0.22-acre (±9,583 SF) B3-1 zoned site spanning three parcels, with ten (10) parking spaces on site. Offered at $1,130,000, or $251/SF on the retail building area, the property produces $68,933 of in-place net operating income.

FOR SALE DETAILS

PRICE

$1,130,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

B3-1

APN/PARCEL ID

13-02-403-002-0000,13-02-403-003-0000,13-02-403-045-0000

ASK ABOUT THIS PROPERTY

Matthew FritzshallTriton Realty Group, LLCMore Info
847-778-8746

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Matthew FritzshallTriton Realty Group, LLCMore Info
847-778-8746

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