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63RD ST CENTER & FRANCISCO 2900-2908 W 63rd St

5,900 SF 100% Leased Retail Building Chicago, IL 60629 £465,558 (£79/SF) 9.26% Net Initial Yield

Investment Highlights

  • HEAVY TRAFFIC
  • SOLID BUILDING WITH ALL BRICK MASONRY WALLS
  • CORNER LOCATION ON 63RD ST & FRANCISCO ST

Executive Summary

NEWER CENTER WITH 5900 S.F. BUILDING WITH 13 PARKING SPACES, CENTER IS ON BUSY 63RD STREET
NATIONAL TENANT, LITTLE CAESARS PIZZA (HAS BEEN IN THE CENTER SINCE 2008) (AND HAS EXTENDED THEIR LEASE ANOTHER 15 YEARS) (THE LEASE IS GUARANTEE BY THE LITTLE CAESARS CORPORATION)
(NOW OPEN) HAROLD'S CHICKEN
CONVENIENT FOOD MART
UNIQUE PRINTING STORE

Financial Summary (Actual - 2022)

Annual Annual Per SF
Gross Rental Income £79,678 £13.50
Other Income - -
Vacancy Loss - -
Effective Gross Income £79,678 £13.50
Taxes £30,581 £5.18
Operating Expenses £6,002 £1.02
Total Expenses £36,583 £6.20
Net Operating Income £43,095 £7.30

Financial Summary (Actual - 2022)

Gross Rental Income
Annual £79,678
Annual Per SF £13.50
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £79,678
Annual Per SF £13.50
Taxes
Annual £30,581
Annual Per SF £5.18
Operating Expenses
Annual £6,002
Annual Per SF £1.02
Total Expenses
Annual £36,583
Annual Per SF £6.20
Net Operating Income
Annual £43,095
Annual Per SF £7.30

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,900 SF
Building Class
C
Year Built
2007
Price
£465,558
Price Per SF
£79
Net Initial Yield
9.26%
NOI
£43,095
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.80
Land Acres
0.17 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
BUSINESS
Parking
15 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
79 ft on 63rd St

About 2900-2908 W 63rd St , Chicago, IL 60629

NEWER (SOLID BRICK) 5900 S.F. CENTER CONSTRUCTED IN 2007 ON A BUSY 63RD ST. WITH NATIONAL TENANT, LITTLE CAESARS PIZZA SINCE 2008 AND EXTENDED ANOTHER 15 YEARS LEASE WITH A CORPORATE GUARANTEE, (HAROLD'S CHICKEN NOW OPEN), CONVENIENT FOOD MART, AND UNIQUE PRINTZ 69

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Convenient Food Mart
  • Retailer
  • 1,850 SF
  • -
  • -
  • -
  • HAROLD'S CHICKEN
  • Retailer
  • 1,500 SF
  • £9.39
  • Full Service Gross
  • -
  • Retailer
  • 1,400 SF
  • -
  • -
  • -

Little Caesars® Pizza is one of the most iconic brands in the world. With throughout countries and territories across the globe, Little Caesars® Pizza is beloved by millions. Their signature Hot-N-Ready® model allows customers to walk in-and-out in seconds or less with an affordable pizza that is as fresh as it is delicious. In the billion dollar worldwide pizza industry, Little Caesars® Pizza stands out as a brand that has a legacy of helping franchisees thrive, and a path towards an even brighter future of strong growth. Little Caesars® Pizza offers world class support and makes significant investments in new technology to help your business stay relevant with customers. With a straightforward business model enhanced by a strong culture of support and state-of-the-art technology.

  • UNIQUE PRINTZ 69
  • Retailer
  • 1,000 SF
  • -
  • Modified Gross
  • Dec 2026
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Convenient Food Mart Retailer 1,850 SF - - -
HAROLD'S CHICKEN Retailer 1,500 SF £9.39 Full Service Gross -
Retailer 1,400 SF - - -
UNIQUE PRINTZ 69 Retailer 1,000 SF - Modified Gross Dec 2026
1 of 1
Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Citi
Pepe's Mexican Restaurants
The YMCA
Chase Bank
Citizens Bank
Huntington National Bank
ALDI
Pete's Market
Bank of America
Esporta Fitness

PROPERTY TAXES

Parcel Number 19-13-329-034-0000 Total Assessment £37,846 (2024)
Land Assessment £9,173 (2024) Annual Taxes £30,581 (£5.18/sf)
Improvements Assessment £28,673 (2024) Tax Year 2022 Payable 2023

PROPERTY TAXES

Parcel Number
19-13-329-034-0000
Land Assessment
£9,173 (2024)
Improvements Assessment
£28,673 (2024)
Total Assessment
£37,846 (2024)
Annual Taxes
£30,581 (£5.18/sf)
Tax Year
2022 Payable 2023
(708) 715-4059

  • Listing ID: 17870726

  • Date on Market: 04/12/2019

  • Last Updated:

  • Address: 2900-2908 W 63rd St, Chicago, IL 60629

The Retail Property at 2900-2908 W 63rd St, Chicago, IL 60629 is currently available For Sale. Contact GDT Properties, Inc for more information.

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© 2024 CoStar Group

63RD ST CENTER & FRANCISCO | 2900-2908 W 63rd St
(708) 715-4059 x

63RD ST CENTER & FRANCISCO | 2900-2908 W 63rd St

Gus Tzoumas

(708) 715-4059

(708) 715-4059

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