6959 N Milwaukee Ave - Warehouse FOR SALE


Niles, IL 60714
$2,950,000 USD
773-220-4421
6959 N Milwaukee Ave, Niles, IL for Sale
$2,950,000 USD
Warehouse - FOR SALE
1/15
null | 7.36% Cap Rate

6959 N Milwaukee Ave
Niles, IL 60714


OVERVIEW

Great opportunity for Investor/Owner operator of this 2018-built, 10,000 sq ft bldg with 31 parking spaces! Fantastic stoplight corner of Milwaukee Ave/Harts Rd in booming Niles, IL. * The buildings sit on a 30,000+ sq ft lot with great exposure - 280-ft of frontage along Milwaukee Ave * This is a mixed-use property comprising two PIN #s and three income streams (Joe Donut restaurant, Panel Brick showroom/warehouse and 2BR apartment) * Restaurant is roughly 3,700 sq ft, sits 100 * Storefront is 2,500 sq ft with attached 2,510 2-story warehouse * Residential apartment is 2BR/1BTH roughly 1,000 sq ft * Covered storage space in rear is an additional 1,500 sq ft *** Sellers are open to extending leases, vacating upon sale or a combination thereof *** Property is located in desirable neighborhood with an excellent customer base in the city of Niles. * Please DO NOT DISTURB THE TENANTS *

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$295 USD /SF

CAP RATE

7.36%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76

LAND SF

33,123

ZONING

C-3

APN/PARCEL ID

10-31-206-010-0000,10-31-206-015-0000

ASK ABOUT THIS PROPERTY

John GallRCI Preferred RealtyMore Info
773-220-4421

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John GallRCI Preferred RealtyMore Info
773-220-4421

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