633 Plymouth Ct Chicago, IL 60605
- Commercial real estate
- 0.23 lot acres
Current Use by Public Records
- Knuckleheads Boxing Gym / Boxing Gym
- Asil Çelik USA / Corporate Office
- yarnify! | Chicago / Yarn Store
- AC Americas / Manufacturer
- Mind your Manners LTD / Training Centre
Property Details for 633 Plymouth Ct
- Year built
- 1888
- Lot size
- 0.23 lot acres
- Property type
- Commercial real estate
- APN
- 17-16-408-038
- APU
- 1716408038
Description
This exceptional 6,895 square foot, multi-tenant retail storefront at 633 S Plymouth Ct, Chicago, IL 60605, is a prime investment opportunity. Currently boasting 100% occupancy across three units, this Class B building offers a stabilized investment with an 8.37% cap rate and an asking price of $810,000 ($117.48/sq ft). Built in 1906 and zoned DX-12, the property benefits from a strong location within walking distance of the Red and Blue lines, providing convenient access for both residents and visitors. The building serves the 92 residential units above and the surrounding community. Proximity to Lake Michigan, popular attractions, and adjacent parking enhances its appeal. The major tenant holds a lease extending to September 2029, while the remaining two leases expire in mid-2024 and 2026, presenting potential for future lease renegotiations. The building is well-maintained and features a tenant association for the residential units. This is a rare opportunity to acquire a high-performing retail property in a desirable Chicago location. The property is for sale by owner.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6284
- Latitude
- 41.8735
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
