Property Description: Mixed-use property with income producing apartments for sale and retail space for lease. |
Welcome to this mixed-use property located in the heart of Ukrainian Village. The property features a vacant retail space with new light fixtures and flooring. The second floor boasts a spacious one-bedroom/ bath apartment with a den/small bedroom and a large private deck. The third floor features another one-bedroom/bath apartment and a porch. Both apartments have separate HVAC systems, dishwashers and in-unit washer/dryers. The apartments are currently leased, for passive income. Don’t miss out on this opportunity to invest in one of Chicago’s most desirable neighborhoods as an investor or owner/operator. |
Location: Ukrainian Village/West Town |
Over the past century, West Town has seen waves of immigrants from all over the world. These global influences have shaped the neighborhood into the funky, creative enclave it is today. This is where you can find an Old-World pierogi joint, a botanical-inspired brewery, and a contemporary omakase spot — all on the same street. If you’re spending a day in West Town, Chicago Ave. is a good spot to start exploring. Many of the area’s diverse restaurants and bars are clustered around this area, like Chicago’s first botanic brewery, German-Southern fusion in a beer hall, a Michelin-starred Portuguese tasting menu, a BYOB Creole spot, and a Filipino bakery with lines out the door. West Town encompasses the historic Ukrainian Village, which brings the Eastern European heritage to the area.—choosechicago.com |
Purchase Price | $740,000 (Real Estate) | Property Taxes | $15,489.56 (2021) |
Size (Approx.) | 3,317 SF (Bldg.), 2,964 SF (Lot), 1,200 SF (Grd. Fl.) | OpEx | N/A |
Lease Rate | $30/SF Modified Gross |
Downloads
Select to download document.
Marketing Material | |||
Pictures
Contact
Adam Salamon VP/Broker 312-575-0480 Ext. 16 adam@kudangroup.com |
Inquire
2010 W. Chicago Ave., Chicago |
|
Join our group page, Hospitality Resource Hub.
Hospitality Resource Hub provides a collaborative platform for hospitality business owners and professionals to share information and resources. The community enables creative problem-solving through collective dialogue and discussion. Post topics include national and local: financial assistance programs, industry legislation, licensing guidance, events, industry advances and achievements, municipal and state announcements, compliance reminders, and much more. You are free to share information, join in the discussion or simply peer the latest trending industry new.