3916 N Broadway Avenue, Chicago, IL 60613

  • $1,800,000
  • $1,900,000
3916 N Broadway Avenue, Chicago, IL 60613
  • Commercial Sale
  • Property Type
  • 1900
  • Year Built
For Sale
3916 N Broadway Avenue, Chicago, IL 60613
  • $1,800,000
  • $1,900,000

Overview

Property ID: 20469232
  • Commercial Sale
  • Property Type
  • 1900
  • Year Built

Description

2 contiguous fully leased storefront medical offices, located in trendy East Lakeview. Sale price $1.800.000. Cap rate 6.3%. Current NOI $113,372 (May 2024). Tenants: Wellness Homes of Chicago – 4 year NNN lease; and Vesper Aesthetics – 5 year NNN lease. 3% annual rent escalations. Taxes & Opex are tenants’ responsibility. B3-1 zoning. 46th Ward / Ald. Clay. Walker’s Paradise (91 Walk Score). Each suite is recently renovated with upscale kitchenettes, stylish modern LED lighting, new HVAC systems with touchscreen, independently-controlled thermostats; 2 large ADA restreooms; new flooring and paint. 1 block from Starbucks. 2-3 blocks from Thorek Memorial Hospital and Howard Brown Clinic. Daily VPD = 10,103.

  • Address 3916 N Broadway Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60613
  • Country United States

Details

Updated on August 24, 2024 at 12:18 am
  • Property ID: 20469232
  • Price: $1,800,000
  • Year Built: 1900
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 11400
  • MLS#: MRD12053309
  • Office Name: THE WILCOX COMPANY
  • Agent Name: Brian Ripp
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD10266
  • List Agent MLSID: MRD148943
  • List Date: 2024-05-10T20:46:52.000Z
  • Cooling: Central Individual
  • Tax Annual: 27401
  • Tax Year: 2022
  • County: Cook
  • Property SubType: Condominium,Medical,Office

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