200 Delaware Place , C

    Chicago, IL 60611
    • $1,810,000
    • STATUS: Active
    • ON SITE: 235 days
    • MLS #: 10119500
    UPDATED: 62 min ago
    $1,810,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,942
      SQFT
    • $165
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1974
    County:

    School Ratings & Info

    Description

    Fully leased commercial condo for sale. Great investment opportunity! Great location in Streeterville/Gold Coast. Just one block from Michigan Avenue. Space is located at base of 184 unit residential building. 10,942 SF made up of two retail spaces. North retail space is 6,900 SF with solid long term tenant in place - East Delaware Pantry (convenience store), lease expiring in April 2020 with two five (5) year options. South retail space is 4,042 SF. Tenant is LeRob Salon, lease expires in 2022 with one five (5) year option - base rent plus % rents that can range from $60,000 to $110,000. Building provides central heating and cooling to the units as part of the monthly dues.

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    © 2019 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 2019-06-16T07:51:03.79 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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    www.lewkepartners.com/homes/88771702

    200 Delaware Place , C Chicago, IL 60611

    • Price: $1,810,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 10119500
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    10,942
    SQFT
    $165
    $/SQFT
    1974
    Built
    Neighborhood:
    Chi - Near North Side
    County:
    Cook
    Area:
    Chi - Near North Side
    Property Description
    Fully leased commercial condo for sale. Great investment opportunity! Great location in Streeterville/Gold Coast. Just one block from Michigan Avenue. Space is located at base of 184 unit residential building. 10,942 SF made up of two retail spaces. North retail space is 6,900 SF with solid long term tenant in place - East Delaware Pantry (convenience store), lease expiring in April 2020 with two five (5) year options. South retail space is 4,042 SF. Tenant is LeRob Salon, lease expires in 2022 with one five (5) year option - base rent plus % rents that can range from $60,000 to $110,000. Building provides central heating and cooling to the units as part of the monthly dues.
    Exterior Features

    Construction Concrete Frontage Access City Street Lot Dimensions 26918 Lot Sq Ft 26918 Number Of TLDocks 0

    Interior Features

    Air Conditioning Central Air Fire Protection Sprinklers-Wet Miscellaneous Inside Atrium Number Of Drive In Doors 0 Number Of Stories 35

    Property Features

    Age Older Current Use Commercial Electrical Service 101-200 Amps Extra Storage Spaces Available YN No Geographic Locale Chicago North Gross Rental Income Amount 250000 Heat Ventilation Forced Air Max Avail Sq Ft Rentable 10942 Min Avail Sq Ft Rentable 10942 Net Oper Income Amount 93600 Potential Use CommercialOffice And Research Property Offered For Sale Only Tax Year 2016 Taxes 42000 Tenant Pays Common Area MaintenanceScavengerHeatJanitorialReal Property TaxesInsurance Total Annual Exp 80400 Total Annual Income 216000 Township Lake View Zoning Type Rtail

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Conlon Commerical.


    © 2019 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 2019-06-16T07:51:03.79 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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