7355 N Clark Street
Chicago, IL 60626

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Description

Rarely available opportunity to own a shopping center adjacent to the park and across from the school at less than cost of land and improvement value. Great for any user, investor or even re-development. Located on the park and busy Clark Street, with amazing B3-3 zoning, this 5,500 square foot shopping center sits on 10,000 square feet of land. DO NOT MISS THIS OPPORTUNITY. Must see to appreciate its true potential at a rock bottom price. Long term owners ready to retire. Show and sell,

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active Under Contract
• County/Area: Cook County
• Zip Code: 60626
• Year Built: 1980
• Sq.Ft.: 5,500 sq ft
• Stories: 3
• Units: 5 units
• Zoning: COMMR
• # Of Tenants: 3
• Additional Parcels: Yes
• Building Area Total: 5500
• Cap Rate: 7.6
• Ceiling Height (Ft): 9
• Construction Materials: Brick, Concrete, Block
• Cooling: Central Air
• Directions: Touhy East to Clark go north to address.
• Electric: Circuit Breakers
• Estimated Cam/Sf: 2
• Fire Protection: Alarm On Site, Ansul System, Fire Extinguisher/s, Other
• Foundation Details: Concrete Perimeter
• Green Supporting Documents: N
• Gross Income: 126000
• Gross Rentable Area: 5500
• Gross Scheduled Income: 126000
• Heat/Ventilation: Central Heat/Indiv Controls
• Information: List Broker Must Accompany
• Investment (Y/N): Yes
• Known Encumbrances: None Known
• Leasable Area: 3300
• Leasable Area Units: Square Feet
• Location: Central Business District
• Lot Size Square Feet: 10000
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 3300
• Net Rentable Area: 3300
• Original Rental Price: 20
• Property Offered: For Sale or Rent
• Rental Price: 20
• Roof: Membrane
• Roof Structure: Flat
• Tax Annual Amount: 36945
• Tax Year: 2023
• Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Sewer, Other
• Total Actual Rent: 6000
• Total Monthly Income: 10500
• Township: Rogers Park
• Utilities: Electric to Site, Natural Gas Available, Water Available
• Water Drainage: Storm Sewers
• Water Source: Community Water