Property Listing No Longer Available for Sale

7452-7458 N Western, Chicago, IL

Retail for Sale - $699,000 - 8,000 Sq. Ft. on 49299.44 acres


Property Info

CIMLS#433622
Location
  7452-7458 N Western
  Chicago IL 60645
UpdatedJuly 2nd, 2012
TypeRetail
Price$699,000
Building8,000 Sq. Ft.
Land49299.44 acres

Property Description

Well located retail investment property with upside available to investor. New leases in place with long-time restaurant tenant and national outdoor advertiser. Valuable billboard improvement included.

Location Description:

Rogers Park

Highlights:

>> Stable tenancy Candlelite Restaurant 20+ years

>> Additional income from billboard lease (Clear Channel)

>> Upside available in one or more suites available for lease or owner/user

>> Bow truss roof offers dynamic high ceiling space

>> Across from Walgreens in high-traffic retail area

* Email for additional photos


Financials

Sales Info:

>> Cap rate: 8.37%

>> NOI: $58505


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