601 N Wells St - Freestanding FOR SALE


Chicago, IL 60654- River North
$2,900,000 USD
601 N Wells St, Chicago, IL for Sale
$2,900,000 USD
Freestanding - FOR SALE
1/13
null | 8.93% Cap Rate

601 N Wells St
Chicago, IL 60654
River North


HIGHLIGHTS

  • Billboard Lease in place income 105,000 for 2026 runs through 2046 with 4% annual increases

OVERVIEW

Price includes the billboard signage income.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$1,036 USD /SF

CAP RATE

8.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

River North Billboard and 2,800 SF Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1888

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

DX-5

APN/PARCEL ID

17-09-231-006-0000

ASK ABOUT THIS PROPERTY

Tony HardyMidwest Investment AdvisorsMore Info

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Tony HardyMidwest Investment AdvisorsMore Info

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