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

5217 Chicago Avenue, Chicago, IL 60651
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Walk Score
$40,000 - 04/09/2019
Est. payment:

Type: Commercial
Year Built: 2008

City: Chicago
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.

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Map of 5217 Chicago Avenue, Chicago, IL

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Tom OConnor
Direct: 708-237-7790
3580 W 95th Street
Evergreen Park, IL 60805
Listed by First Western Properties, Melsi Bifsha & 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 60302, 60612, 60624, 60639 and 60644. 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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