$2,950,000
2706 N Halsted ST #A-D Chicago, IL 60614
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$2,950,000
Est. payment /mo
7,600 SqFt
UPDATED:
08/17/2024 08:18 AM
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 7,600 sqft
Price per Sqft $388
MLS Listing ID 11471332
Year Built 2002
Annual Tax Amount $79,709
Tax Year 2022
Lot Dimensions 175' X 124'
Property Description
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.
Location
State IL
County Cook
Area Chi - Lincoln Park
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
Level or Stories 5
Structure Type Brick,Concrete
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Scott Fithian • The Lord Companies L.L.C.
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