There are multiple listings for this address:
1703 W Chicago Avenue
Chicago, IL, 60622
$2,590,000
Beds
0 Baths
SqFt
0 Acres
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$2,590,000
1703 W Chicago Avenue
Chicago, IL, 60622
 img 0 img 1 img 2 img 3 img 4 img 5 img 6 img 7 img 8 img 9 img 10 img 11 img 12 img 13 img 14 img 15 img 16 img 17 img 18 img 19 img 20 img 21 img 22 img 23 img 24 img 25 img 26 img 27 img 28 img 29 img 30 img 31 img 32 img 33 img 34 img 35 img 36 img 37 img 38 img 39
Built in 2021 Mixed Use 4-Unit Building in West Town. First floor retail storefront, currently used as a restaurant on a NNN lease and 3 condo quality 2Bed apartments. Sleek, modern interiors designed with an eye for both style and functionality. From open-concept layouts to high-end finishes. Hardwood floors throughout, central HVAC, Washer&Dryer, modern cabinets and tile selections, private outdoor space. Smart turn key newer construction investment building grossing over $200,000 in income with 6.5% cap rate Low Expenses, NNN Lease on Retail Space, Prime Location. Conveniently located in the heart of Chicago this building offer easy access to the city’s best dining, shopping, and entertainment options.

Property Details

Price:
$2,590,000
MLS #:
MRD12007296
Status:
Active
Beds:
0
Baths:
0
Address:
1703 W Chicago Avenue
Type:
Commercial
Subtype:
Restaurant
City:
Chicago
Listed Date:
Mar 21, 2024
State:
IL
ZIP:
60622
Year Built:
2021

Schools

Interior

Cooling
Central Individual

Exterior

Construction Materials
Concrete

Financial

Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT. FOR COMMERCIAL LEASE PROPERTIES, NET COMPENSATION MAY BE PAID ON NEGOTIATED VARIABLES AS INDICATED IN THE COMPENSATION/COMMISSION AGREEMENT.Net Sale Price
Net Operating Income
$170,083
Tax Year
2022
Taxes
$31,223
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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1703 W Chicago Avenue
Chicago, IL
1703 W Chicago Avenue
Chicago, IL, 60622
$2,590,000
Beds
0 Baths
6,200 SqFt
0 Acres
Add
Add
$2,590,000
1703 W Chicago Avenue
Chicago, IL, 60622
 img 0 img 1 img 2 img 3 img 4 img 5 img 6 img 7 img 8 img 9 img 10 img 11 img 12 img 13 img 14 img 15 img 16 img 17 img 18 img 19 img 20 img 21 img 22 img 23 img 24 img 25 img 26 img 27 img 28 img 29 img 30 img 31 img 32 img 33 img 34 img 35 img 36 img 37 img 38 img 39
Built in 2021 Mixed Use 4-Unit Building in West Town. First floor retail storefront, currently used as a restaurant on a NNN lease and 3 condo quality 2Bed apartments. Sleek, modern interiors designed with an eye for both style and functionality. From open-concept layouts to high-end finishes. Hardwood floors throughout, central HVAC, Washer&Dryer, modern cabinets and tile selections, private outdoor space. Smart turn key newer construction investment building grossing over $200,000 in income with 6.5% cap rate Low Expenses, NNN Lease on Retail Space, Prime Location. Conveniently located in the heart of Chicago this building offer easy access to the city’s best dining, shopping, and entertainment options.

Property Details

Price:
$2,590,000
MLS #:
MRD12010469
Status:
Active
Beds:
0
Baths:
0
Address:
1703 W Chicago Avenue
Type:
Commercial
Subtype:
Restaurant
City:
Chicago
Listed Date:
Mar 21, 2024
State:
IL
Finished Sq Ft:
6,200
ZIP:
60622
Year Built:
2021

Schools

Interior

Cooling
Central Individual

Exterior

Construction Materials
Concrete

Financial

Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT. FOR COMMERCIAL LEASE PROPERTIES, NET COMPENSATION MAY BE PAID ON NEGOTIATED VARIABLES AS INDICATED IN THE COMPENSATION/COMMISSION AGREEMENT.Net Sale Price
Net Operating Income
$170,083
Tax Year
2022
Taxes
$31,223
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby