1915-1917 N DAMEN Avenue, Chicago, IL 60647
sale
$999,999
|
Other
Courtesy Of Village Realty
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 8.1% CAP RATE PROPERTY AND TRIPLE NNN LEASES. YOU CAN'T GO WRONG!
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Property Features
- Age: 11-20 Years Old
- Architecture Style: Other
- Building Units: 2
- Cooling System: Central Air
- Floor Covering: Tile
- Floor Covering: Concrete
- Floor Covering: Marble
- MLSID: 12326012
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