1244-1254 Wilson Ave Chicago, IL 60640
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 1244-1254 Wilson Ave
- Year built
- 1992
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a fully leased, 6,124 square foot retail storefront located at 1244-1254 W Wilson Ave in Chicago's vibrant Uptown neighborhood. The property boasts a strong tenant mix including Wagnolia Veterinary Clinic, Pokeology Sushi, Harmony Medical, and JW Creative Home, ensuring a stable and consistent income stream. Built in 1992, the building is in excellent condition and features six new HVAC units. The 7,711 square foot lot provides ample space, and the units are either vanilla boxed or built-out, offering flexibility for future tenants. With 100% occupancy and a Net Operating Income (NOI) of $120.86, this multi-tenant property offers a compelling return on investment. Its prime location, just two blocks from the Wilson Red Line station, places it within easy reach of a densely populated area with abundant amenities, including Target, Jewel, Aragon Ballroom, Green Mill Cocktail Lounge, numerous restaurants, and Wilson Beach. This is a rare chance to acquire a well-maintained, high-performing retail property in a thriving Chicago neighborhood. The property dimensions are approximately 151.35 x 54.7 x 152.55 x 50.55 feet. The asking price is $1,560,000, and the property is offered as a NNN lease. This is a five-unit property with four tenants.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6614
- Latitude
- 41.9655
