Incredible investment opportunity to purchase a shopping center on the corner of heavily trafficked Howard & Western Ave in Chicago. The center is comprised of long term NNN National Tenants like Dollar General, Subway La Michocana Ice Cream, and a local pizzeria.
7201 N Western, a turnkey, mixed-use building featuring ten (10) residential units and eleven (11) ground-floor commercial spaces, located in Chicago's West Ridge area. Most units have been cosmetically updated with modern kitchens and bathrooms. Each apartment is separately metered with individual tenant-paid heat. The property offers a unique opportunity to acquire a strong, stabilized cash-flowing asset with an in-place cap rate of 7% from day one.
EXCEPTIONALLY WELL MAINTAINED - WELL KEPT PROPERTY BY OWNER - INTERIOR AND EXTERIOR. WONDERFUL LOCATION - HEAVY VEHICULAR AND FOOT TRAFFIC STREET - PRIDE OF OWNERSHIP.
Turn key opportunity with this well maintained Howard Street Commercial Building. Close to "El" Train and Bus Routes. Building Sqft 12,600. 4000 sqft available.
LET THIS VERSATILE WEST RIDGE GEM BE AN ASSET TO YOUR PORTFOLIO! BEAUTIFULLY RENOVATED WITH ORIGINAL TIN CEILINGS AND ORNATE MOLDING, THIS PROPERTY IS TURNKEY! WITH 4500 SQ' OF RENTAL SPACE, WHICH CAN BE REVERTED TO 3 SUITES, THIS PROPERTY GIVES YOU SO MANY OPTIONS. UPGRADED . GARAGE W/8 SPACES FOR A POTENTIAL 200 EA/MO. AS WELL AS A LARGE PATIO AREA FOR ADDITIONAL PARKING POTENTIAL (FENCED & GATED). AMPLE PATIO AREA CAN CREATE A BEAUTIFUL ATMOSPHERE OR ADDITIONAL SEATING FOR A RESTAURANT/CAFE OR A LARGE PLAY AREA FOR A DAYCARE CENTER. RECENT UPGRADES INCLUDE: NEW GARAGE ROOF AND UPGRADED DOORS AND OPENERS WITH WIFI, 2 NEW BOILERS, 2 WARM AIR FURNACES W/CENTRAL A/C, EPOXIED FLOOR W/RADIANT HEAT AND NEW WINDOWS IN REAR CORRIDOR. RADIANT SNOW MELT TECHNOLOGY THROUGHOUT PATIO AREA, ELECTRIC WIRING 100 & 200 AMP SERVICE, FANS AND LIGHTING, ATTACHED CEDAR PERGOLA, FRONT TEMPERED WINDOWS, HI-END PORCELAIN FLOORING, WIFI SURVEILLANCE & COMMERCIAL IRRIGATION. CURRENTLY THE #1 GOOGLE RATED URBAN GARDEN CENTER. ALSO FOR SALE: 2 PARKING SPACES LOCATED ON NEXT DOOR PROPERTY (2306 W. TOUHY), ASKING 18,500/EA. PARKING SPACE PIN #1- 11303190361004 & 11303190361005.
Located in a Trending Neighborhood near Rogers Park, on Touhy, just west of Rockwell. Self-managed, single story, brick building with ample parking in the rear (12 spaces) and five storefronts on Touhy Avenue. Current tenants in place: R&B Tire Shop (16+ years), Menchies (16+ years), Aiki Budo Center (Brand New Build out) and one vacant storefront to lease or owner/user. Utilities are separately metered, renters pay for gas and electric; each unit has individual HVAC; Landlord is responsible for snow removal and landscaping. Well maintained building with recent updates: two storefront roofs were replaced, recently tuckpointed, exterior was repainted in 2020, recently repaved parking lot. 1.2 Miles to the Rogers Park Green line train station, multiple bus stops and Divvy stations plus close access to the Expressway and Lake Shore Drive. Area tenants include: Autozone, Buckingham Rehabilitation Care, Ann Blitstein Teachers Institute, North View Dry Cleaners, Pearly Whites Dental, Andres Roofing, A Gentle Wind Florist, 7-Eleven and much more!
Buy it as an Investor, or Buy it as a User-Owner. Modern Store for Sale. Recently Remodeled. Brand New Bathroom and Carpet. Existing Furniture Available for Sale at Low Price! Ideal for: Real Estate Office, Insurance Office Attorneys, Accountants, Telemarketers, etc. Newer Heating and Air Conditioning.
The median home value in Chicago, IL is $284,100. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago, IL is $284,100. Approximately 40.54% of Chicago homes are owned, compared to 48.29% rented, while 11.17% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!
Chicago, Illinois 60645 has a population of 2,742,119. Chicago 60645 is less family-centric than the surrounding county with 24.86% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago, Illinois 60645 is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago 60645 is 35.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.