1,142 sq ft;
lot: 1307 sq ft lot
Commercial: Office/Tech - MLS# 12459919
Tools & Resources:
Description
Newer construction 1,142 SF commercial condo. Available for sale or for lease. Recently built-out for counseling office with 4 private offices, waiting area, kitchenette/break room and ADA washroom. RE taxes are much lower than typical for newer commercial condos ($4.56/SF). Very nice neighborhood just north of Lincoln/Damen/Irving Park Rd intersection. 0.4 mile to new CTA Brown line station at Irving Park Rd. Nearby businesses include CVS, Wintrust Bank, MB Financial Bank, AT&T, T-mobile, Swedish Covenant Immediate Care, Chicago Title, and numerous neighborhood restaurants and local businesses. This area also has several of the best public and private schools in Chicago which has drawn affluent young families that intend to stay in Chicago. Easy street parking.
Features
- Property Type: Commercial
- Sub Type: Office/Tech
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60618
- Year Built: 2005
- Sq.Ft.: 1,142 sq ft
- Stories: 4
- Units: 1 unit
- Lot Size: 1307 sq ft lot
- Zoning: COMMR
- Approximate Age: New Rehab
- Building Area Total: 1142
- Cap Rate: 10.7
- Construction Materials: Brick, Block
- Cooling: Central Air
- Directions: on W side of Lincoln 1.5 blocks N of Lincoln/Damen/Irving Pk intersection, 2 doors S of Warner St
- Electric: Circuit Breakers
- Estimated Cam/Sf: 1.4
- Estimated Tax/Sf: 4.56
- Expense Year: 2019
- Extra Storage Spaces Available (Y/N): Yes
- Fire Protection: Smoke or Fire Protectors
- Geographic Locale: Chicago North
- Gross Income: 30000
- Gross Scheduled Income: 30000
- Heat/Ventilation: Forced Air, Gas
- Information: 24-Hr Notice Required, List Broker Must Accompany, No Sign on Property
- Investment (Y/N): Yes
- Leasable Area: 1142
- Location: Mixed Use Area
- Lot Size Square Feet: 1142
- Main Type: Commercial Sale
- Min Avail Sq Ft (Rentable): 1142
- Misc Inside: Accessible Entrance, Accessible Washroom/s, Private Restroom/s, Storage Inside
- Operating Expense: 7000
- Original Rental Price: 0.01
- Property Offered: For Sale or Rent
- Property Sub Type: Office
- Rental Price: 0.01
- Tax Annual Amount: 6000
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Repairs, Varies by Tenant
- Total Annual Expense Source: Combination
- Total Monthly Income: 2500
- Township: Lake View
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