Fully Leased, 2017 Ground-Up New Construction Mixed-Use Investment Opportunity
$1,772,750
2933 N Lincoln Ave, Chicago, IL 60657
For Sale
Mixed Use
Active
Last Updated: 07/15/2021
5.09
Cap Rate
90,249
NOI
Details:
Cap Rate: 5.09%
NOI: $90,249
Pro Forma Cap Rate : 6.57%
Building Size: 5,830 sqft
GRM: 14.81
Year Built: 2016
Price Per Sqft: $315.44
Price Per Unit: $590,917
Highlights:
- Fully Leased Mixed-Use Investment Property
- Stabilized Asset with Excellent In-Place Income
- Ideally located in the Burley School District, close to restaurants, nightlife & Wrigley Field
Description:
ROC Realty Group – a division of @properties Commercial is pleased to present for sale 2933 N Lincoln Ave in Chicago’s Lakeview. 2933 N Lincoln is a 2017 ground-up newly constructed three-story mixed-use building featuring one ground floor retail space, occupied by “SirenByDesign” a women fashion house in a long-term lease long with two full-floor apartments on the upper floors. There’s tons of opportunities as it is located in the Burley School District, close to Wrigley Field, and numerous transportation options.
Documents:
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Offering Memorandum
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Location
Gallery
