|
|
| Price | $3,748,680 CAD |
| Unit Size | 2,400 SF |
| No. Units | 1 |
| Total Building Size | 9,500 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 2,300 SF |
| Year Built | 2003 |
| Lot Size | 0.14 AC |
| Zoning | B3-2 - Shopping centers, large stores, and retail storefronts |
| Unit Size | 2,400 SF |
| Price | $3,748,680 CAD |
| Price Per SF | $1,561.95 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.11% |
| NOI | $266,572.79 CAD |
| No. Parking Spaces | 2 |
Retail Condo on Southport Corridor in Lakeview.
Net Leased Retail Condo on Southport Corridor of Chicago across from Anthropologie. This 2,400 sq.ft. space with a 900 sq.ft. partial basement leased to PAPERSOURCE. Space is located on the Strongest Retail Corridor on the Northside of Chicago. The area is not only a shopping corridor but also an entertainment and restaurant destination location with high household incomes and 7 Day-a-Week pedestrian traffic. Located a 5-minute walk to Brown Line L Stop with 1.3M riders annually on Southport Station.
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| W Addison St | N Lakewood Ave, E | 24,585 | 2025 | 0.17 km |
| North Racine Avenue | W Addison St, NW | 5,003 | 2025 | 0.39 km |
| North Racine Avenue | W Barry Ave, N | 4,050 | 2022 | 0.41 km |
| N Racine Ave | Alley, N | 3,762 | 2024 | 0.48 km |
| North Racine Avenue | Alley, N | 2,633 | 2025 | 0.52 km |
| North Racine Avenue | W School St, S | 5,942 | 2025 | 0.53 km |
| North Ashland Avenue | W Roscoe St, S | 23,973 | 2025 | 0.55 km |
| North Clark Street | N Racine Ave, S | 3,259 | 2025 | 0.59 km |
| West Addison Street | N Clark St, W | 11,948 | 2025 | 0.62 km |
| N Racine Ave | W School St, S | 5,752 | 2024 | 0.63 km |
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Paper Source |
2,400 SF
|
May 2028
|
Building Photo
Building Photo
Interior Photo
Interior Photo
Interior Photo
Interior Photo
Interior Photo
Basement
Basement
Basement
Basement
Basement Kitchenette
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