- $850,000
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Description
RARE RETAIL INVESTMENT OPPORTUNITY IN CHICAGO’S HISTORIC PRINTERS ROW. 6,645 SF RETAIL SPACE AT THE BASE OF THE POPE BUILDING. FULLY LEASED WITH 3 LONG-TERM TENANTS (MODE, CITY HAUL, KNUCKLEHEADS). CURRENT GROSS INCOME $140,816 WITH NOI OF $68,407 (7.6 CAP RATE). VALUE-ADD POTENTIAL WITH BELOW-MARKET RENTS AND LEASES EXPIRING SOON. PERFECT FOR AN ARMCHAIR INVESTOR OR OWNER-USER LOOKING TO OCCUPY SPACE. LOCATED STEPS FROM THE LOOP, GRANT PARK, AND PUBLIC TRANSIT. AMPLE ADJACENT PARKING AVAILABLE. PROOF OF FUNDS REQUIRED
- Commercial Sale, Other
- 6645
- 1904
Property Documents
Property Overview
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Property ID 12539263
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Price $850,000
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Property Size 6645 Sqft
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Garage Size x x
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Year Built 1904
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Property Status Active
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Property Type Other, Commercial Sale
Energy Ratings
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