5233 N Milwaukee Ave - Restaurant FOR SALE


Chicago, IL 60630- Jefferson Park
$2,850,000 USD
312-840-9002
5233 N Milwaukee Ave, Chicago, IL for Sale
$2,850,000 USD
Restaurant - FOR SALE
1/13
null | 5.6% Cap Rate

5233 N Milwaukee Ave
Chicago, IL 60630
Jefferson Park


OVERVIEW

Introducing an unprecedented opportunity—the fi rst time to market in 25 years! This 8,870 RSF retail strip center commands an unparalleled location with exceptional demographics and visibility. Boasting 100% occupancy, the property is anchored by a long-term lease with Firestone Corporation, a staple in the community for over 25 years. The building offers tremendous signage and visibility, with parking for 23 cars, and is strategically situated at a busy stoplight corner opposite Walgreens. Firestone’s lease includes 6,827 RSF with 10 service bays and a small office, extending through 12-1-2029 with multiple extension options. Additionally, Jarasa Kabab occupies 2,043 RSF with a lease through 7-31-2029 and extension options, making this an unmissable investment opportunity

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$1,425 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

13-09-301-003-0000,13-09-301-011-0000,13-09-301-016-0000,13-09-301-017-0000

ASK ABOUT THIS PROPERTY

Steven GoldsteinJameson CommercialMore Info
312-840-9002

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

Steven GoldsteinJameson CommercialMore Info
312-840-9002

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