5600-5612 W Division St - Storefront FOR SALE


Chicago, IL 60651- Austin
$779,900 USD
5600-5612 W Division St, Chicago, IL for Sale
$779,900 USD
Storefront - FOR SALE
1/32
null | 10.39% Cap Rate

5600-5612 W Division St
Chicago, IL 60651
Austin


OVERVIEW

Excellent Income Producing Commercial brick 5 store fronts on busy corner of Division & Central. fully leased with long-term tenants, established businesses for many years, some been there for 16-10 years. tenants are responsible for interior maintenance,building is well maintained, new tuck pointing, annual maintenance on the roof. heat & electric. Landlord only responsible for water, taxes & exterior maintenance. 12 parking spaces in the back of the building, fenced parking lot, few parking spaces in the front. this property has two PIN numbers, two addresses 5600-5612 W Division & 1206 North Central. Easy to manage set back & collect rent, HIGH CAP RATE SOUND INVESTMENT

FOR SALE DETAILS

PRICE

$779,900 USD

PRICE/SF

$104 USD /SF

CAP RATE

10.39%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

B3-2, Chicago

APN/PARCEL ID

16-05-231-034-0000,16-05-231-035-0000

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