Description
12.6% CAP Rate. Gross income $78,000. Expenses $15,000. NOI $63,000. 2 Story Mixed Use Building with C1-2 Zoning in Rogers Park; Building square footage: 5,198 SF. Oversize Lot: 23.42 X 174.10 ft. (Land: 4,077.4 SF). Building occupies every square foot of the lot. 2020 RE Taxes: $10,400. Street level retail store ($3,000 per month gross). Attached rear alley entry for a two-truck garage (21.3 ft. X 24 ft.). Ceiling height 15.9 ft. Overhead door (17.6 ft. X 10 ft.). Garage rent and part of basement ($1,500 per month gross). If the buyer permits, seller is interested in a lease back for the garage and part of the basement. Full basement with over 7.5 feet of ceiling height. 2nd floor, three-bedroom apartment ($2,000 per month gross) has all electric utilities; renovated 4 years ago. The real estate is to be Sold AS-IS. Proof of funds is required prior to showing.
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Courtesy of: Jameson Commercial Based on information submitted to the MRED as of date and time shown below. 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. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 9th February, 2023 5:54 AM (UTC)
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. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 9th February, 2023 5:54 AM (UTC)
