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3921-3925 W Touhy Ave 4,800 sq ft Vacant Retail Property Lincolnwood, IL 60712 £893,772 (£186.20/sq ft) 6.70% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Brand new roof, brand new water heater, brand new wiring, brand new HVAC
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (PRO FORMA - 2023) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Route
- Pylon Sign
- Security System
- Signage
- Storage Space
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
Don't miss this prime rental opportunity (B2 Zoning) on a high traffic area in Lincolnwood. The total rental space is 4,800 sq ft but it can be divided into 1600 sq ft each. The location is super. The population is so dense. There are 15K+ people living in 1 mile radius, 297K in 3 miles, and 809K in 5 miles!! Also, the neighborhood is great!! The average house income in the area is $100K+!! Another great opportunity of this area is that a huge mixed use residential complex called District 1860 will open this year at the intersection of Touhy and Lincoln Ave (only 0.6 miles away from this property). Once District 1860 is open, there will be heavier walking and car traffic at Touhy and drive more retail businesses. What about the demographic in this area? It is very diverse so you can have many great options to run a business instead of focusing on a specific ethnic group. The property is worry free because it was fully updated with new roof, new HVAC, new Water Heater, new electricity wiring, etc. It also comes with 15+ parking bays. The current condition of the property is a whitepaper. The next step for you is just coming to the property and draw your dream business in it! The seller/landlord is very open to negotiate TI or build out depending on lease or sales terms. What are you waiting for?? **If you want to rent a part of the building, here is the price for each unit. 3921 W Touhy - $20/sf, 3923 W Touhy - $23/sf, and 3925 W Touhy - $25/sf
| Space | Size | Space Use | Position | Available |
| 3923 & 3925 | 1,800-3,600 sq ft | Retail | - | Now |
3923 & 3925
| Size |
| 1,800-3,600 sq ft |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
3923 & 3925
| Size | 1,800-3,600 sq ft |
| Space Use | Retail |
| Position | - |
| Available | Now |
Don't miss this prime rental opportunity (B2 Zoning) on a high traffic area in Lincolnwood. The total rental space is 4,800 sq ft but it can be divided into 1600 sq ft each. The location is super. The population is so dense. There are 15K+ people living in 1 mile radius, 297K in 3 miles, and 809K in 5 miles!! Also, the neighborhood is great!! The average house income in the area is $100K+!! Another great opportunity of this area is that a huge mixed use residential complex called District 1860 will open this year at the intersection of Touhy and Lincoln Ave (only 0.6 miles away from this property). Once District 1860 is open, there will be heavier walking and car traffic at Touhy and drive more retail businesses. What about the demographic in this area? It is very diverse so you can have many great options to run a business instead of focusing on a specific ethnic group. The property is worry free because it was fully updated with new roof, new HVAC, new Water Heater, new electricity wiring, etc. It also comes with 15+ parking bays. The current condition of the property is a whitepaper. The next step for you is just coming to the property and draw your dream business in it! The seller/landlord is very open to negotiate TI or build out depending on lease or sales terms. What are you waiting for?? **If you want to rent a part of the building, here is the price for each unit. 3921 W Touhy - $20/sf, 3923 W Touhy - $23/sf, and 3925 W Touhy - $25/sf
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-35-100-036-0000 | Total Assessment | £119,548 (2024) |
| Land Assessment | £36,496 (2024) | Annual Taxes | -£1 (£0.00/sq ft) |
| Improvements Assessment | £83,052 (2024) | Tax Year | 2023 |
PROPERTY TAXES
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3921-3925 W Touhy Ave
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