Property profile

1747 W North Ave C Chicago, IL 60622

FOR SALE
Banks
Property ID
US28-Q022194
Built 2009
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1747 W North Ave,Unit C, Chicago, IL 60622 For Sale
$380,000
1747 W North Ave,Unit C, Chicago, IL 60622
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Property summary

AI-generated overview

An exceptional investment opportunity at 1747 W. North Ave, in the heart of Chicago's vibrant Wicker Park. This 1,300 sq. ft. newer construction commercial condo is fully leased to Waterman State Bank, a strong credit tenant, through September 30, 2028. The tenant has demonstrated a strong commitment to the location by recently exercising an early 2-year lease extension. This offering represents a secure, hands-off investment with a reliable income stream in one of Chicago's most sought-after neighborhoods.

Property profile

Verified
Property type Banks
Year built 2009
UPID US28-Q022194

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
  • Bank Loan Service

Location

1747 W North Ave, Unit C Chicago, IL 60622
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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