5217 W Chicago Avenue Chicago, IL $ 1,290,000
5217 W Chicago Avenue
$ 1,290,000

5217 W Chicago Avenue Chicago, IL, 60651

$ 1,290,000
Bedrooms Baths0.0 Sq 7,205

Monthly Estimate*

$ 5,002

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5217 W Chicago Avenue, Chicago, IL 60651 - Image 1
5217 W Chicago Avenue, Chicago, IL 60651 - Image 2

Commercial Property for sale in Chicago, IL

for $1,290,000. This 7,205 square foot building was built on a lot size of 107 X 141.

Newer 7, 205 sf retail center on a 15, 200sf lot. The center was built in 2008. It is 88% leased with only one 907 sf space vacant. Existing tenants include Subway, Metro PCS, Golden Hook Fish & Chicken and Austin Wine & Spirits. Current NOI is +/-$126, 296, and cap rate based on existing NOI is 9.75%. If vacancy is leased at current market rents NOI could jump to $148K and cap rate would be increased to 11.5%. The property is professionally managed and there is pylon signage. **THIS PROPERTY IS AVAILABLE AS A PORTFOLIO WITH 5235 W. CHICAGO**

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Commercial Active

Price

$ 1,290,000

Property Type

Commercial

Taxes

$ 40,696

Style

Retail

Lot Size

107 X 141

Town/City

Chicago

County/Region

Cook

MLS | Web ID

09950143

Features
Interior
Cooling System Central Air
Heating System Forced Air Gas
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Exterior
Construction Brick
Foundation Concrete
Parking 1-20 Parking Spaces
Road Frontage City Street
Roof Flat Roof Membrane
Siding Brick
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Miscellaneous
Utilities Electric
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Rental
Tenant Pays Common Area Maintenance Electric Heating Insurance Janitorial Other Expenses Real Property Taxes Water/Sewer
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* Excluded Features
List By

Listing Agent

First Western Properties

Broker


Affordability

$ 8,393 per month
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Monthly Principal & Interest
$5,002
Monthly Property Taxes
$3,391
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5217 W Chicago Avenue, Chicago, IL, 60651 is a Commercial Property for sale at $1,290,000 with 7,205 sqft and a lot size of 107 X 141. 5217 W Chicago Avenue has 0.0 baths. The property's zip code is 60651 which is in Chicago, IL