6,648 sq ft
Commercial: Retail/Stores - MLS# 12016527
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Description
Located in a Trending Neighborhood near Rogers Park, on Touhy, just west of Rockwell. Self-managed, single story, brick building with ample parking in the rear (12 spaces) and five storefronts on Touhy Avenue. Current tenants in place: R&B Tire Shop (16+ years), Menchies (16+ years), Aiki Budo Center (Brand New Build out) and one vacant storefront to lease or owner/user. Utilities are separately metered, renters pay for gas and electric; each unit has individual HVAC; Landlord is responsible for snow removal and landscaping. Well maintained building with recent updates: two storefront roofs were replaced, recently tuckpointed, exterior was repainted in 2020, recently repaved parking lot. 1.2 Miles to the Rogers Park Green line train station, multiple bus stops and Divvy stations plus close access to the Expressway and Lake Shore Drive. Area tenants include: Autozone, Buckingham Rehabilitation Care, Ann Blitstein Teachers Institute, North View Dry Cleaners, Pearly Whites Dental, Andres Roofing, A Gentle Wind Florist, 7-Eleven and much more!
Features
- Property Type: Commercial
- Sub Type: Retail/Stores
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60645
- Year Built: 1958
- Sq.Ft.: 6,648 sq ft
- Stories: 1
- Units: 5 units
- # Of Drive In Doors: 1
- # Of Tenants: 4
- Building Area Total: 6648
- Cap Rate: 9.14
- Cooling: Central Air
- Directions: Starting at Western and Touhy, head east on Touhy to 2628
- Electric: Separate Meters
- Expense Year: 2021
- Fuel Expense: 550
- Fuel Expense Source: Actual
- Gross Income: 96300
- Gross Rentable Area: 6650
- Gross Scheduled Income: 96300
- Heat/Ventilation: Central Heat/Indiv Controls
- Information: 24-Hr Notice Required
- Insurance Expense: 3380
- Insurance Expense Source: Actual
- Investment (Y/N): Yes
- Leasable Area: 1250
- Leasable Area Units: Square Feet
- Lot Size Square Feet: 9305
- Main Type: Commercial Sale
- Min Avail Sq Ft (Rentable): 1250
- Operating Expense: 32445
- Outdoor Parking: 6-12 Spaces
- Property Offered: For Sale Only
- Tax Annual Amount: 21941
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer
- Total Monthly Income: 8025
- Water Expense Source: Actual
- Water Sewer Expense: 3159
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