Apartment Buildings /IL /Cook County /Chicago /467-471 W Erie St
Apartment Buildings /IL /Cook County /Chicago /467-471 W Erie St

467-471 W Erie St - Apartments CONDO FOR SALE


Chicago, IL 60654- River North | 
$4,600,000 USD
914-997-9200
467-471 W Erie St, Chicago, IL for Sale
$4,600,000 USD
Apartments CONDO - FOR SALE
1/25
null | 6.47% Cap Rate
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467-471 W Erie St
Chicago, IL 60654
River North

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HIGHLIGHTS

  • Located in Chicago's River North
  • Long-term net leases with surgery center & Nail Spa
  • Leases call for 3% annual rental increases
  • Blocks from Michigan Avenue premier shopping
  • $198,813 Average household in 1-mile radius
  • Chicago's most fashionable & trendsetting neighborhood

OVERVIEW

Two tenant net lease condo with 3% annual rental increases. The majority of the space is leased to a highly successful and nationally known plastic surgery center.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$502 USD /SF

CAP RATE

6.47%

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Plastic Surgery Center & Nail Salon NNN Condo

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

208,566 SF

STORIES

25

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,891 SF

ZONING

DX-7

APN/PARCEL ID

17-09-127-044-0000,17-09-127-045-1003,17-09-127-045-1004,17-09-127-045-1005,17-09-127-045-1027,17-09-127-045-1036,17-09-127-045-1050,17-09-127-045-1070,17-09-127-045-1082,17-09-127-045-1093,17-09-127-045-1094,17-09-127-045-1098,17-09-127-045-1102,17-09-127-045-1109

ASK ABOUT THIS PROPERTY

Jeffrey WinokurJ.H. Winokur, Inc.More Info
914-997-9200

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Jeffrey WinokurJ.H. Winokur, Inc.More Info
914-997-9200

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

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