6701-6709 N Northwest Hwy - Day Care Center FOR SALE


Chicago, IL 60631- Edison Park
$10,444,000 USD
312-625-3120
6701-6709 N Northwest Hwy, Chicago, IL for Sale
$10,444,000 USD
Day Care Center - FOR SALE
1/3
null | 7% Cap Rate

6701-6709 N Northwest Hwy
Chicago, IL 60631
Edison Park


OVERVIEW

A premier mixed-use investment opportunity featuring a BrightPath school on a 20-year lease with 10% rental increases every 5 years throughout the base term and options and three apartment units on the second floor providing additional income. The subject property is located in Edison Park – an affluent Chicago submarket boasting $134,000 average household incomes within a 1-mile radius.

FOR SALE DETAILS

PRICE

$10,444,000 USD

PRICE/SF

$588 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BrightPath

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

B3-2

APN/PARCEL ID

09-36-400-032-0000,09-36-400-033-0000

ASK ABOUT THIS PROPERTY

Ben UdellCPP CRE ILLINOIS, LLCMore Info
312-625-3120

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Ben UdellCPP CRE ILLINOIS, LLCMore Info
312-625-3120

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