2312 W Touhy Ave
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2312 W Touhy Ave
4,500 SF Retail Building Chicago, IL 60645 $1,559,217 CAD ($346 CAD/SF) 5.95% Cap Rate
Investment Highlights
- PRIME LOCATION, MAIN STREET TRAFFIC, CLOSE TO PUBLIC TRANSPORTATION
- WIFI SURVEILLANCE, RADIANT SNOW MELT TECHNOLOGY THROUGHOUT BACK PATIO AREA, NEW LIGHTING
- VERSATILE FLOOR PLAN, SPACIOUS OUTDOOR AREA, NEW HVAC, FURNACE, BOILER, UPGRADED ELECTRIC 100 & 200 AMP
Executive Summary
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). 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 SEPARATELY: 2 PARKING SPACES LOCATED ON NEXT DOOR PROPERTY (2306 W. TOUHY), ASKING 18,500/EA. PARKING SPACE PIN #1- 11303190361004 & 11303190361005.
CO-OP: 2.0% -550.00
LISTING AGENT- CAROL ROESKE 773-519-0269 carol@carolroeskehomes.com
IRRIGATION. CURRENTLY THE #1 GOOGLE RATED URBAN GARDEN CENTER. ALSO FOR SALE SEPARATELY: 2 PARKING SPACES LOCATED ON NEXT DOOR PROPERTY (2306 W. TOUHY), ASKING 18,500/EA. PARKING SPACE PIN #1- 11303190361004 & 11303190361005.
CO-OP: 2.0% -550.00
LISTING AGENT- CAROL ROESKE 773-519-0269 carol@carolroeskehomes.com
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Garden Centre
Building Size
4,500 SF
Building Class
C
Year Built/Renovated
1921/2022
Price
$1,559,217 CAD
Price Per SF
$346 CAD
Cap Rate
5.95%
NOI
$92,812 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.52
Land Acres
0.20 AC
Zoning
B1-2 - NEIGHBORHOOD SHOPPING DISTRICT, RETAIL STOREFRONTS, APARTMENTS ALLOWED ABOVE THE GROUND FLOOR.
Frontage
54 ft on Touhy Ave
Amenities
- Bus Line
- Fenced Lot
- Security System
- Tenant Controlled HVAC
- Air Conditioning
Walk Score ®
Very Walkable (85)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 11-30-319-023-0000 | Improvements Assessment | $67,951 CAD |
| Land Assessment | $51,326 CAD | Total Assessment | $119,277 CAD |
PROPERTY TAXES
Parcel Number
11-30-319-023-0000
Land Assessment
$51,326 CAD
Improvements Assessment
$67,951 CAD
Total Assessment
$119,277 CAD
-
Carol Roeske -
HomeSmart Realty Group
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2312 W Touhy Ave
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