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    1359 Milwaukee Avenue

    Chicago, IL 60622
    • $1,199,000
    • STATUS: Active
    • ON SITE: 201 days
    • MLS #: 10592492
    UPDATED: 25 min ago
    $1,199,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,500
      SQFT
    • $480
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1888
    County:

    School Ratings & Info

    Description

    PRICE REDUCTION!! 8.13% CAP. NNN leased investment property. Landlord is only responsible for roof & structure. The tenant, Cracked, recently signed a a new five year lease effective through September of 2024, and includes 2 5-year renewal options. The property was completely gut renovated in 2014.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-07-02T11:53:52.68 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1359 Milwaukee Avenue Chicago, IL 60622

    • Price: $1,199,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 10592492
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,500
    SQFT
    $480
    $/SQFT
    1888
    Built
    Neighborhood:
    Chi - West Town
    County:
    Cook
    Area:
    Chi - West Town
    Property Description
    PRICE REDUCTION!! 8.13% CAP. NNN leased investment property. Landlord is only responsible for roof & structure. The tenant, Cracked, recently signed a a new five year lease effective through September of 2024, and includes 2 5-year renewal options. The property was completely gut renovated in 2014.
    Exterior Features

    Construction Concrete Frontage Access Frontage Road Location Free Standing/Urban Lot Dimensions 100' X 25' Lot Sq Ft 2500 Number Of TLDocks 0 Roof Coverings Other Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Alarm On SiteSprinklers Floor Finish TileWood Number Of Drive In Doors 0 Number Of Stories 1

    Property Features

    Current Use Commercial Electrical Service Other/Unknown Expense Year 2019 Exterior Building Type Brick Gross Rental Income Amount 99000 Heat Ventilation Central Bldg Heat Investment YN Yes Lease Type Net Max Avail Sq Ft Rentable 2500 Min Avail Sq Ft Rentable 2500 Net Oper Income Amount 97500 Net Operating Income Year 2019 Number Of Tenants 1 Property Offered For Sale Only Tax Year 2018 Taxes 20172 Tenant Pays Air ConditioningElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceScavengerWater/Sewer Total Annual Exp 1000 Total Monthly Income 8250 Zoning Type Rtail

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Marcus & Millichap Chicago Apartment Brokers.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-07-02T11:53:52.68 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    43 E Crystal Lake Ave
    Crystal Lake IL, 60014