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734 W Fullerton Ave - Mochinut
2,080 SF Retail Condo Unit Offered at $1,545,634 CAD in Chicago, IL 60614
Investment Highlights
- Tenant | Single-tenant (Mochinut) with NNN Lease, providing stable income.
- Quality Build-Out | 8’ hood + fully built-out 2nd floor for catering/commissary kitchen with black iron, Type I hood and separate ingress/egress
- Strong Incomes | Average household income of $142,041 within 1 mile radius.
- Location | Steps from busy 5-corner intersection of Fullerton/Lincoln/Halsted, Close to DePaul University, 5 Minute Walk to Brown Line
- High Traffic | Busy Fullerton Avenue sees approx. 17,700 vehicles per day.
- Nearby Businesses | Studio Three, Equinox, Chase Bank, Fedex..
Executive Summary
Single-tenant, income generating restaurant located in the heart of much sought after Lincoln Park. NNN leased investment. Steps from 5-corner intersection of Fullerton/ Lincoln/Halsted and DePaul University. Extremely high quality build-out with 8’ hood. Second floor completely built-out for catering/commissary kitchen with its own black iron, Type I hood and separate ingress/egress. This property presents an excellent opportunity for investors seeking a stable, revenue-generating asset in a prime location. Operating. Do not disturb employees or management.
Property Facts
| Price | $1,545,634 CAD | Building Class | B |
| Unit Size | 2,080 SF | Floors | 2 |
| No. Units | 1 | Typical Floor Size | 1,184 SF |
| Total Building Size | 2,080 SF | Year Built | 1938 |
| Property Type | Retail (Condo) | Tenancy | Single |
| Property Subtype | Storefront | Lot Size | 0.04 AC |
| Sale Type | Investment NNN | Parking Ratio | 2.4/1,000 SF |
| Price | $1,545,634 CAD |
| Unit Size | 2,080 SF |
| No. Units | 1 |
| Total Building Size | 2,080 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Sale Type | Investment NNN |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,184 SF |
| Year Built | 1938 |
| Tenancy | Single |
| Lot Size | 0.04 AC |
| Parking Ratio | 2.4/1,000 SF |
1 Unit Available
Unit 1
| Unit Size | 2,080 SF | Sale Type | Investment |
| Price | $1,545,634 CAD | Cap Rate | 5.57% |
| Price Per SF | $743.09 CAD | NOI | $86,099.81 CAD |
| Condo Use | Retail | APN/Parcel ID | 14-28-311-088-0000 |
| Unit Size | 2,080 SF |
| Price | $1,545,634 CAD |
| Price Per SF | $743.09 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.57% |
| NOI | $86,099.81 CAD |
| APN/Parcel ID | 14-28-311-088-0000 |
Description
Restaurant with extremely high quality build-out and 8’ hood. Second floor completely built-out for catering/commissary kitchen with its own black iron, Type I hood and separate ingress/egress. Steps from busy 5-corner intersection of Fullerton/Lincoln/Halsted and DePaul University (one of the nation's top 10 largest private universities).
Sale Notes
OPERATING. DO NOT DISTURB EMPLOYEES OR MANAGEMENT. Premier fully-leased restaurant in the heart of Lincoln Park. Single-tenant income generating restaurant. NNN leased. This property presents an excellent opportunity for investors seeking a stable, revenue-generating asset in a prime location.
Nearby Major Retailers
zoning
| Zoning Code | B1-3, Chicago |
| B1-3, Chicago |
NNN Tenant Information Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Mochinut |
99,999 SF SF
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Jarrett Fradin -
Strauss Realty
Presented by
734 W Fullerton Ave - Mochinut
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