Should you sell your home the Silicon Valley way?
Find out!

Should you sell your home the Silicon Valley way?

Find out!
MLS® ID: 09950143

5217 West Chicago Avenue

CHICAGO, Illinois, 60651

$1,250,000 Active
  • - SQFT
Opportunity Zone Investment! Newer 7,205 sf retail center on a 15,200sf lot. The center was built in 2008. It is 88% leased with only one 907 sf space vacant. Existing tenants include Subway, Metro PCS, Golden Hook Fish & Chicken and Austin Wine & Spirits. Current NOI is +/-$126,296, and cap rate based on existing NOI is 10.4%. When vacancy is leased at current market rents NOI will jump to $150K and cap rate would be increased to 12%. The property is professionally managed and there is pylon signage. **THIS PROPERTY IS AVAILABLE AS A PORTFOLIO WITH 5235 W. CHICAGO**
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Listing courtesy of First Western Properties

Amenities

  • Zip
    60651
  • Office name
    First Western Properties
  • Property type
    Retail/Stores
  • Zoning type
    COMMR
  • Year built
    2008
  • Heating
    Forced Air,Gas
  • Tax year
    2018
  • Agent name
    Brian Walsh
  • Tax amount
    $ 40696.0
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Year Built Range
    2000-2009
  • Office ID
    14663
  • Agent ID
    889923

Location

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