2706 N Halsted Street #A-D
Chicago, IL, 60614
$2,950,000
Beds
0 Baths
7,600 SqFt
0 Acres
$2,950,000
2706 N Halsted Street #A-D
Chicago, IL, 60614
MLS #MRD11471332 img 0MLS #MRD11471332 img 1MLS #MRD11471332 img 2
7,600 SF fully-leased high profile commercial property on 1st fl of newer 5-story, 54-unit condo bldg on Halsted in the heart of the Lincoln Park/East Lakeview commercial district. Divided into 4 units, all of which are leased to long term Dental Masters tenant (leased since 2005), large Dunkin Donuts franchisee (10-year lease in 2020), Cosmetic Surgery of Chicago (5-year lease in 2023) and Beyond Ventures salon (5-year lease in 2023), which provide ~$214,000 in NOI for a 7.2% CAP rate with annual rent escalations. 130′ of frontage w/12’+ concrete ceilings. 6 garage parking spaces are available for use by owners and tenants (priced separately). Area tenants incl Dom’s Kitchen & Market, Home Depot, Guitar Center, Walgreens, Byline Bank, Trader Joes and numerous local restaurants and neighborhood businesses.

Property Details

Price:
$2,950,000
MLS #:
MRD11471332
Status:
Active
Beds:
0
Baths:
0
Address:
2706 N Halsted Street #A-D
Type:
Commercial
City:
Chicago
Listed Date:
Jul 20, 2022
State:
IL
Finished Sq Ft:
7,600
ZIP:
60614
Subdivision:
Lot Size:
Year Built:
2002

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick, Concrete

Financial

Buyer Agent Compensation
2.0%Gross Lease Price
Net Operating Income
$213,600
Tax Year
2022
Taxes
$79,709
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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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2706 N Halsted Street #A-D
Chicago, IL