Overview
Description
TWO UNIT FULLY LEASED RETAIL PROPERTY LOCATED IN A MIXED USE AREA WITH LOTS OF RESIDENTIAL AND BUSINESSES IN THE BUCKTOWN NEIGHBORHOOD OF CHICAGO. EXCELLENT INVESTMENT OPPORTUNITY TO OWN RETAIL WITH TWO GOOD TENANTS IN PLACE OR OCCUPY ONE AND LEASE THE OTHER. ELLAHOMME HOLISTIC MED SPA OCCUPIES UNIT 1915 AND MERCEDES BROW BAR OCCUPIES UNIT 1917. BOTH LEASES EXPIRE 12/31/2028 WITH ANNUAL INCREASES. EACH UNIT HAS ITS OWN FURNACE AND HVAC UNITS. BOTH UNITS ARE SEPARATELY METERED. LOTS OF FOOT TRAFFIC UP AND DOWN DAMEN AVE. DEMOGRAPHICS ARE GREAT AND THERE ARE 12,700 CARS THAT DRIVE BY DAILY. ADD TO YOUR CURRENT REAL ESTATE PORTFOLIO WITH THIS 9.8% CAP RATE PROPERTY AND TRIPLE NNN LEASES. YOU CAN’T GO WRONG!
Climate Control
Air Conditioning
Other Features
All Utilities
Brick
Central Air
Central Individual
Circuit Breakers
Common Area Maintenance
Concrete
Concrete Perimeter
Electric to Site
Electricity
Heat
Insurance
Marble
Natural Gas Available
Scavenger
Service - 101 to 200 Amps
Sewer
Taxes
Tile
Water Available
$5,122.07
per month
- Principal and Interest
- Property Tax
- HOA fee
- Private Mortgage Insurance
$ 3,873.32
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