$2,290,000
$2,233,333
2.5%For more information regarding the value of a property, please contact us for a free consultation.
6,700 SqFt
SOLD DATE : 09/16/2022
Key Details
Sold Price $2,290,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 6,700 sqft
Price per Sqft $341
MLS Listing ID 11419495
Sold Date 09/16/22
Year Built 2016
Annual Tax Amount $48,673
Tax Year 2020
Lot Dimensions .53
Property Sub-Type Retail/Stores
Property Description
Coldwell Banker Commercial Realty is pleased to present this 7.5% cap 6700 SF newer construction retail asset built in 2016 located on the prime corner intersection of Lincoln Ave & Jersey Ave in Chicago's Northwest side, just south of the Lincolnwood area. This freestanding building houses a single tenant childcare facility, Ladybug & Friends Daycare & Preschool, which has 8 total locations in the Chicagoland area & is secured by an 11-year lease since 2018 with substantial annual escalations through the term. A vibrant submarket with new development & businesses all around, this intersection sees 43,000 vehicles per day.
Location
State IL
County Cook
Area Chi - North Park
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
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Bought with Elena-Ligia Florescu • GNP Realty Partners, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "