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Western-Howard Plaza 2341-2357 W Howard St

11,974 SF 100% Leased Retail Building Chicago, IL 60645 $3,543,675 CAD ($296 CAD/SF) 7.36% Cap Rate

Executive Summary

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 National Tenants anchored by Dollar General, Subway La Michocana Ice Cream, and a local pizzeria. Annual increases!

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
Storefront
Building Size
11,974 SF
Building Class
B
Year Built
1985
Price
$3,543,675 CAD
Price Per SF
$296 CAD
Cap Rate
7.36%
NOI
$260,681 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.47 AC
Zoning
B3-2
Parking
25 Spaces (2.08 Spaces per 1,000 SF Leased)
Frontage
230 ft on West Howard Street

Amenities

  • Restaurant
  • Signage
Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of America
Citizens Bank
U.S. Bank
IHOP
The YMCA
Starbucks
ALDI
Chase Bank
Byline Bank
Buffalo Wild Wings

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 11-30-300-008-0000
  • 11-30-300-007-0000
  • 11-30-300-048-0000
Land Assessment
$327,654 CAD (2024)
Improvements Assessment
$89,438 CAD (2024)
Total Assessment
$417,092 CAD (2024)
  • Listing ID: 34135126

  • Date on Market: 2024-12-09

  • Last Updated:

  • Address: 2341-2357 W Howard St, Chicago, IL 60645

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