2,080 sq ft
Commercial: Retail/Stores - MLS# 12075455
Tools & Resources:
Description
Investment Opportunity! Single-tenant, income generating restaurant located in the heart of much sought-after Lincoln Park. NNN leased investment. Steps from 5-corner intersection of Fullerton/Lincoln/Halsted and DePaul University. Extremely high quality build-out with 8' hood. Second floor completely built-out for catering/commissary kitchen with its own black iron, Type I hood and separate ingress/egress. Located on busy Fullerton (17,700 Vehicles Per Day). Walking distance to DePaul University (in the nation's top 10 largest private universities). Nearby businesses include Studio Three, Fedex, Equinox gym and Chase Bank. 5 minute walk to Brown Line. Population of 494,774 within 3 mile radius and average household income of $140,348. NOI: $61,225. Cap Rate 6%. OPERATING. DO NOT DISTURB EMPLOYEES OR MANAGEMENT.
Features
- Property Type: Commercial
- Sub Type: Retail/Stores
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60614
- Year Built: 1891
- Sq.Ft.: 2,080 sq ft
- Stories: 2
- Units: 1 unit
- Zoning: RTAIL
- Building Area Total: 2080
- Cap Rate: 6
- Cooling: Central Air
- Directions: Just East of Halsted on Fullerton in the heart of Lincoln Park
- Electric: Circuit Breakers
- Fire Protection: Fire Extinguisher/s, Sprinklers-Wet
- Heat/Ventilation: Central Bldg Heat
- Information: 24-Hr Notice Required
- Lot Size Square Feet: 1556
- Main Type: Commercial Sale
- Property Offered: For Sale Only
- Property Sub Type: Restaurant
- Tax Year: 2022
- Tenant Pays: Electricity, Heat, Janitorial Service, Operating Stops, Insurance, Repairs
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