Property summary
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.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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