Property for Sale: 5217 Chicago Avenue, CHICAGO, IL 60651

5217 Chicago Avenue
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Walk Score
$40,000 - 04/09/2019
Est. payment:

Type: Commercial
Year Built: 2008

County: Cook

MLS: 09950143
Status: Active
Opportunity Zone Investment! 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 10.4%. When vacancy is leased at current market rents NOI will jump to $150K and cap rate would be increased to 12%. The property is professionally managed and there is pylon signage. **THIS PROPERTY IS AVAILABLE AS A PORTFOLIO WITH 5235 W. CHICAGO**

Lot & Building Features

Construction: Brick
Cooling: Central Air
Tax Year: 2018
Lot Dimensions: 107 X 141 ft

Price History of 5217 Chicago Avenue, CHICAGO, IL

Date Name Price Difference
04/09/2019 Price Adjustment $1,250,000 3.10%
05/14/2018 Listing Price $1,290,000 N/A
*We provide this information for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Map of 5217 Chicago Avenue, CHICAGO, IL

Location Map Street View Walk Score Bird's Eye
Direct: 773-484-6743
3580 W 95th Street
Evergreen Park, IL 60805
Listed by First Western Properties, Brian Walsh & Paul Tsakiris
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5217 Chicago Avenue (MLS #09950143) is a commercial listing located in CHICAGO, IL. This property was listed on 06/03/2019 and has been priced for sale at $1,250,000.

Nearby zip codes are 60624, 60639, 60641, 60644 and 60657. This property neighbors other cities such as Oak Park.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data not provided by .

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: First Western Properties

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