HIGHLIGHTS
- Anchored by long-term government tenants: the Chicago Public Library (29 years) and the Department of Family and Support Services.
- Property features newer HVAC rooftop units under service contract, along with updated gutters and downspouts.
- The library space includes a large kitchen area and a well-utilized meeting room, supporting strong community engagement and tenant satisfaction.
- Recent upgrades to the library include new lighting fixtures, carpeting, and fresh paint, contributing to a refreshed and inviting environment.
OVERVIEW
Two tenant retail center. Fully leased to the City of Chicago. Tenants are the Chicago Public Library and the Dept. of Family and Support Services. Library has been a tenant for 29 years. The Dept.of Family Services for 9 years. Property is well maintained. Newer 6 HVAC roof top units on service contract. Newer gutter and downspouts. Newer Library upgrades include: all new lighting fixtures, carpeting and painting. Library has a large kitchen area, and well used large meeting room
FOR SALE DETAILS
PRICE
$2,100,000 USD
PRICE/SF
$200 USD /SF
CAP RATE
7.84%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
17
LAND DETAILS
LAND ACRES
0.45 AC
LAND SF
19,602 SF
ZONING
B3-1
APN/PARCEL ID
13-34-424-035-0000
ASK ABOUT THIS PROPERTY
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708-919-2251
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Please correct the highlighted field(s).
708-919-2251
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