Property Listing No Longer Available for Sale

1255 S Prairie Avenue, Chicago, IL

Retail for Sale - $499,900


Property Info

CIMLS #750830
Location1255 S Prairie Avenue
Chicago IL 60605
Last UpdatedOctober 26th, 2014
TypeRetail
Price$499,900

Property Description

Fully occupied bank owned commercial condominium located at base of condominium building

dense area of south loop with luxury condominium residences tenants are a dry cleaner and a cafe/bar

noi of $33,600 and cap rate of 7.28% on current stabilized income location description:

east of indiana ave and south of roosevelt in south loop highlights:

■fully occupied bank owned commercial storefront located at base of condominium building

■dense area of south loop with luxury condominium residences

■tenants are a dry cleaner and a cafe/bar

■steps away from museum campus and soldier field

■noi of $33,600 and cap rate of 7.28% on current stabilized income


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