3934 W 24th St - Freestanding FOR SALE


Chicago, IL 60623- Little Village
$4,695,000 USD
312-361-1645
3934 W 24th St, Chicago, IL for Sale
$4,695,000 USD
Freestanding - FOR SALE
1/12
null | 7.16% Cap Rate

3934 W 24th St
Chicago, IL 60623
Little Village


HIGHLIGHTS

  • Long Term Tenants
  • Scheduled Rental Increases
  • Cell Tower Operated by Crown Castle

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Advance Auto & DaVita Dialysis Center located at 3930-3934 W 24th Street in Chicago, Illinois (the “Property”). The Property is 89.99% occupied and features long-term, corporate leases with Advance Auto Parts and DaVita Dialysis, and one vacant 1,482 square foot suite offering significant upside upon lease-up. The building contains 14,806 square feet on a 0.99-acre parcel, and also features a Crown Castle cell tower that generates additional income. The Advance Auto & DaVita Dialysis Center is well-located in the densely-populated Little Village neighborhood, known as the “Mexico of the Midwest”. The Property is situated two blocks from 26th street, one of the highest revenue commercial corridors in Chicago, with an extensive concentration of local businesses, entertainment, and services with national tenants mixed in. The location is also in close proximity to South Cicero Avenue, which is home to a number of major retail centers that drive additional consumers to the area.

FOR SALE DETAILS

PRICE

$4,695,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts & DaVita Dialysis Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

C1-1

APN/PARCEL ID

16-26-101-052-0000

ASK ABOUT THIS PROPERTY

Dan TilsnerHorvath & TremblayMore Info
312-361-1645

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Dan TilsnerHorvath & TremblayMore Info
312-361-1645

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