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2706 N Halsted Street , A-D

Chicago, IL 60614
  • $2,950,000
  • STATUS: Active
  • ON SITE: 634 Days
  • MLS #: 11471332
$2,950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2002
County:

School Ratings & Info

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.

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© 2024 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 Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-04-03T23:58:22.283 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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2706 N Halsted Street , A-D Chicago, IL 60614

  • Price: $2,950,000
  • Status: Active
  • On Site: 634 Days
  • MLS #: 11471332
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2002
Built
Neighborhood:
Chi - Lincoln Park
County:
Cook
Area:
Chi - Lincoln Park
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.
Exterior Features

Exterior Building Type Brick Frontage Type City Street

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas Miscellaneous Inside Accessible EntranceAccessible Washroom/sHeavy Floor LoadMulti-TenantOverhead Door/sPrivate Restroom/sBasement Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 7600 Current Use Commercial Electric Over 600 AmpsThree Phase Fire Protection Other Gross Income 278000 Gross Scheduled Income 278000 Leasable Area 7600 Location Mixed Use AreaPublic Transport AvailFree Standing/Urban Mls Actual Status Active Net Operating Income 213600 Number Of Tenants 4 Operating Expense 87800 Property Offered For Sale Only Tax Annual Amount 79709 Tax Year 2022 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceInsuranceRepairsSewerVaries by Tenant Total Monthly Income 23000 Township Lake View Type Retail/Stores Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of The Lord Companies L.L.C.: 312-944-6270.


© 2024 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 Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-04-03T23:58:22.283 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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