1809 W Webster Ave
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1809 W Webster Ave
12,200 SF 100% Leased Retail Building Chicago, IL 60614 $5,598,809 CAD ($459 CAD/SF) 8.43% Cap Rate
Executive Summary
Would be a perfect fit for owner-occupied day care facility. Rare Opportunity to own a Property in the best location, first time being sold in 30+ years!!! Property consists of 2 buildings, main building is built out for 3 commercial spaces. The current tenants include Frame Factor and Simes Studio. The second building is a frame two story structure, occupied by a longtime a premier dog adoption company, on the wood street side double lot. This Mixed-Use property offers a wide range of potential possibilities for Residential, Stores or offices under C1-3 zoning. 20,000 square feet of land, which includes ample on-site parking. DOES NOT INCLUDED BILLBOARD.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,200 SF
Building Class
C
Year Built
1943
Price
$5,598,809 CAD
Price Per SF
$459 CAD
Cap Rate
8.43%
NOI
$471,818 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
1.00
Land Acres
0.28 AC
Zoning
C1-3 - Neighborhood Commercial District
Parking
28 Spaces (2.3 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Walk Score ®
Very Walkable (83)
Bike Score ®
Biker's Paradise (94)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 14-31-210-036-0000 | Improvements Assessment | $57,830 CAD |
Land Assessment | $86,548 CAD | Total Assessment | $144,378 CAD |
PROPERTY TAXES
Parcel Number
14-31-210-036-0000
Land Assessment
$86,548 CAD
Improvements Assessment
$57,830 CAD
Total Assessment
$144,378 CAD
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1809 W Webster Ave
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