3916 N Broadway Street #1
Chicago, IL 60613

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Description

Beautiful, one-of-a-kind, completely renovated, medical space along N Broadway in Lakeview East. Two fully built-out medical units for approximately 3,600 square foot of rentable space. Units share a common entry and can be easily combined. Property features 90 feet of frontage along N Broadway and 4 parking spaces. Units are currently leased to two thriving, high-quality NNN medical tenants on 5+ year leases. Wellness Home At NorthStar Healthcare & Vesper Aesthetics. Both paying $29.00 NNN. Units feature spacious basements, ample plumbing, exam rooms with sinks, kitchens, break rooms, labs & washer-&-dryers. Renovations completed in April 2023 are up-to-code, ADA Compliant, and feature stylish design and high quality materials and fixtures. Property is ideal for an investor or owner-user. Vesper Aesthetics, current owner, will sign a 5-year $29/sqft NNN lease at closing. Don't miss your chance to own a trophy commercial property in one of Chicago's highest-demand retail corridors.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60613
• Year Built: 1897
• Sq.Ft.: 3,608 sq ft
• Stories: 3
• Units: 8 units
• Zoning: RTAIL
• # Of Tenants: 2
• Additional Parcels: Yes
• Building Area Total: 3608
• Cap Rate: 8.5
• Ceiling Height (Ft): 11
• Construction Materials: Brick, Concrete
• Cooling: Central Air, Office Only
• Directions: South of Irving Park on Broadway.
• Electric: Circuit Breakers, Separate Meters, Service - 201 to 600 Amps
• Extra Storage Spaces Available (Y/N): Yes
• Flooring: Carpet, Tile, Wood
• Foundation Details: Concrete Perimeter
• Gross Income: 9219
• Gross Rentable Area: 3608
• Gross Scheduled Income: 110632
• Heat/Ventilation: Forced Air, Gas
• Information: List Broker Must Accompany
• Investment (Y/N): Yes
• Leasable Area: 3608
• Leasable Area Units: Square Feet
• Location: Central Business District, Mixed Use Area, Public Transport Avail, Free Standing/Urban
• Lot Size Square Feet: 7392
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 3608
• Misc Inside: Common Lunchroom/s, Computer Floor, Accessible Washroom/s, Multi-Tenant, Public Restroom/s, Storage Inside, Basement
• Outdoor Parking: 1-5 Spaces
• Property Offered: For Sale Only
• Property Sub Type: Condominium
• Roof: Membrane
• Roof Structure: Flat
• Tax Annual Amount: 28089
• Tax Year: 2023
• Tenant Pays: Air Conditioning, Electricity, Heat
• Total Monthly Income: 9219
• Township: Lake View
• Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
• Water Source: Municipal Water