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1259 N milwaukee Ave 10,000 sq ft 100% Let Retail Property Chicago, IL 60622 £1,190,951 (£119.10/sq ft) 6.55% Net Initial Yield
EXECUTIVE SUMMARY
Fabulous 3-unit Mixed use building with 2 loft style residential units and 1 retail unit with long term tenant. Roof and tuckpointing been done in last 5-6 years as well as retail level fully rehabbed. Centrally located in the heart of Wicker Park along the bust Milwaukee Ave retail corridor. Steps to the blue line entry at Division Street and Ashland Ave. with access to Kennedy express way within 1/4 mile and bus and Divvy stops right outside building. N issue leasing Area tenants include Dunkin Donuts, Jewel, Lowes, Pet Supplies Plus, Den Theater and many more.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Size
10,000 sq ft
Costar Property Class
B
Year Built
1915
Price
£1,190,951
Price per sq ft
£119.10
Yield
6.55%
NOI
£77,967
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
4.00
Total Plot Size
0.06 ac
Use Class
B1-3
Frontage
95 ft on Milwaukee Ave
AMENITIES
- Signage
Walk Score®
Excellent pedestrian access (98)
Transit Score®
Excellent Public Transport (77)
Bike Score®
Ideal For Cyclists (96)
NEARBY MAJOR RETAILERS
![[solidcore]](https://images.loopnet.co.uk/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 17-06-232-018-0000 | Improvements Assessment | £85,175 |
| Land Assessment | £17,786 | Total Assessment | £102,961 |
PROPERTY TAXES
Parcel Number
17-06-232-018-0000
Land Assessment
£17,786
Improvements Assessment
£85,175
Total Assessment
£102,961
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1259 N milwaukee Ave
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