Description
The subject property is a three story, mixed use West Town gem located at the corner of Noble and Ohio. The first retail space is occupied by Home Team Pizza - The second retail space is Nini's Deli and is owner occupied. This space has proven to be one of kind and extremely profitable due to the large amount of foot traffic in the area. There is a full sidewalk patio area on Noble St. and Ohio St., a walk up / carry out window installed, and a basement full of storage. - The four apartments above the retail spaces are all currently occupied and leased. All of the apartment leases expire in 2021. Each unit has been completely remodeled, the most recent of which was completed in 2020. The other apartments were each remodeled within the last 5 years. The tenants pay for all utilities except for water. Town is just a few minutes west of downtown Chicago and is home to a diverse mix of restaurants, coffee shops, night clubs, boutiques, art galleries, music venues, and vintage stores. West Town encompasses several bustling neighborhoods such as East Village, Noble Square, and portions of River West. The property sits on approximately 2,236 square feet, and totals approximately 6,750 square feet. High ceilings throughout retail and apartment spaces. Two ground floor retail spaces totaling 1270 square feet. See additional information for financials. All square footage is estimated and must be field verified. All residential rental units are metered independently and pay their own gas and electric.
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School Ratings & Info
Description
The subject property is a three story, mixed use West Town gem located at the corner of Noble and Ohio. The first retail space is occupied by Home Team Pizza - The second retail space is Nini's Deli and is owner occupied. This space has proven to be one of kind and extremely profitable due to the large amount of foot traffic in the area. There is a full sidewalk patio area on Noble St. and Ohio St., a walk up / carry out window installed, and a basement full of storage. - The four apartments above the retail spaces are all currently occupied and leased. All of the apartment leases expire in 2021. Each unit has been completely remodeled, the most recent of which was completed in 2020. The other apartments were each remodeled within the last 5 years. The tenants pay for all utilities except for water. Town is just a few minutes west of downtown Chicago and is home to a diverse mix of restaurants, coffee shops, night clubs, boutiques, art galleries, music venues, and vintage stores. West Town encompasses several bustling neighborhoods such as East Village, Noble Square, and portions of River West. The property sits on approximately 2,236 square feet, and totals approximately 6,750 square feet. High ceilings throughout retail and apartment spaces. Two ground floor retail spaces totaling 1270 square feet. See additional information for financials. All square footage is estimated and must be field verified. All residential rental units are metered independently and pay their own gas and electric.
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