Western-Howard Plaza | 2341-2357 W Howard St
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Western-Howard Plaza 2341-2357 W Howard St
11,974 SF 100% Leased Retail Building Chicago, IL 60645 £1,956,125 (£163/SF) 7.36% Net Initial Yield
Executive Summary
Incredible investment opportunity to purchase a shopping center on the corner of heavily trafficked Howard & Western Ave in Chicago. The center is comprised of long-term National Tenants anchored by Dollar General, Subway La Michocana Ice Cream, and a local pizzeria. Annual increases!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Net Operating Income | - | - |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
11,974 SF
Building Class
B
Year Built
1985
Price
£1,956,125
Price Per SF
£163
Net Initial Yield
7.36%
NOI
£143,897
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.58
Lot Size
0.47 AC
Zoning
B3-2
Parking
25 Spaces (2.08 Spaces per 1,000 SF Leased)
Frontage
230 ft on West Howard Street
Amenities
- Restaurant
- Signage
Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (70)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £49,370 (2024) | |
Land Assessment | £180,866 (2024) | Total Assessment | £230,237 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£180,866 (2024)
Improvements Assessment
£49,370 (2024)
Total Assessment
£230,237 (2024)
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Western-Howard Plaza | 2341-2357 W Howard St
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