Property profile

1861 95Th St Chicago, IL 60643

OFF-MARKET
Retail properties & Spaces
4,500 SF
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Property summary

AI-generated overview

This exceptional mixed-use property in Chicago's vibrant Beverly neighborhood presents a compelling value-add investment opportunity. Located at 1861 W 95th St, this two-story building boasts 4,500 square feet on a 4,050 square foot lot, zoned B1-1. The property features a stunning, recently redesigned 3,200 square foot retail space on the ground floor, ideal for a variety of businesses. Upstairs, two apartments provide additional rental income, currently boasting 100% occupancy. The building generates a strong net operating income (NOI) of $50,523, resulting in an attractive 11.61% capitalization rate. The asking price is $435,000, translating to $96.67 per square foot and $145,000 per unit. A private courtyard adds to the property's appeal. This prime location on the 95th Street business corridor offers significant potential for long-term growth and rental income. The property's strong financials, updated retail space, and long-term residential tenants make it an ideal investment for savvy buyers seeking a high-return opportunity in a thriving Chicago neighborhood. The property is a single building with three units.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Coworking & Hybrid Office

Location

1861 95Th St Chicago, IL 60643
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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