4455-4577 N Milwaukee Ave
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4455-4577 N Milwaukee Ave
6,250 SF 100% Leased Industrial Building Chicago, IL 60630 £592,507 (£95/SF) 5.53% Net Initial Yield
Investment Highlights
- Highly visible thoroughfare of Chicago
- Strong long term tenant
- Oversized garage and loading dock / rollup door
- 12' ceilings throughout
Executive Summary
Golden opportunity in the coveted Portage Park neighborhood of Chicago! Presenting a prime commercial property that combines an income-generating martial arts school with immense potential for owner-occupancy or rental income. The property features two units, with the first unit currently occupied by a successful martial arts school, providing a steady rental income. The second unit is owner-occupied and is currently utilized as a printing center, offering the flexibility for the new owner to continue operating their own business or to lease it out for additional income. 1200 SF driveway is connected available for use by both spaces. This versatile property caters to a range of possibilities and investment strategies. The property enjoys excellent visibility and benefits from the neighborhood's thriving commercial landscape. Schedule a viewing today and turn your investment dreams into reality.
Data Room Click Here to Access
- Offering Memorandum
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 |
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 (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 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Amenities
- Signage
- Storage Space
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
- Heating - Gas
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Daeryun Huh
- Professional, Scientific, and Technical Services
- 99,999 SF
- $9.99
- Lorem Ipsum
- -
- K & B Family Martial Arts
- Educational Services
- 99,999 SF
- $9.99
- Lorem Ipsum
- Jan 0000
- Suite C
- Transportation and Warehousing
- 99,999 SF
- $9.99
- Lorem Ipsum
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Daeryun Huh | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | - | |
K & B Family Martial Arts | Educational Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
Suite C | Transportation and Warehousing | 99,999 SF | $9.99 | Lorem Ipsum | - |
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Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (73)
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
Parcel Number | 13-16-224-005-0000 | Total Assessment | £45,524 (2024) |
Land Assessment | £21,602 (2024) | Annual Taxes | -£1 (£0.00/sf) |
Improvements Assessment | £23,922 (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
13-16-224-005-0000
Land Assessment
£21,602 (2024)
Improvements Assessment
£23,922 (2024)
Total Assessment
£45,524 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023 Payable 2024
zoning
Zoning Code | B3-1, Chicago (Commercial) |
B3-1, Chicago (Commercial) |
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4455-4577 N Milwaukee Ave
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