3410 S Trumbull Ave, Chicago, IL
Value-add opportunity for medical or healthcare property.
- Added:
- Jan 9, 2025
- Days on Market:
- 532
- Last Refresh:
- May 20 at 9:35 pm
Property Features for 3410 S Trumbull Ave
General Information
- Standard status
- Active
- Size
- 23,253 SF
- Lot size
- 0.61 Acres
- Property subtype
- RETAIL
Listing office Marcus & Millichap | Chicago Downtown (312) 351-5000
Listing date Jan 9, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Chicago Downtown
HighLights
- Fresenius Kidney Care
- Value‑Add Opportunity
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $558.1k | $24.00 |
| − Vacancy | −$44.6k | −$1.92 |
| EGI | $513.4k | $22.08 |
| − OpEx | −$205.4k | −$8.83 |
| NOI | $308.1k | $13.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7113
- Latitude
- 41.8372
