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Halsted Plaza Shopping Center 801-837 W 119th St 59,847 sq ft 100% Let Retail Property Chicago, IL 60643 £3,358,655 (£56.12/sq ft) 11.22% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Heavy traffic at main intersection of Halsted & 119th
- Excellent visibility and accessibility
- Stable, long-term tenants, including the state of IL and 2 national brand-name retailers
EXECUTIVE SUMMARY
***PRICE NOW REDUCED TO $4,490,000, with 11.22% CAP Rate!***
GREAT INVESTMENT OPPORTUNITY IN CHICAGO!
Here's your chance to own this 100% leased shopping center on main intersection of Halsted and 119th Street in the West Pullman neighborhood of Chicago. Big name retailers Citi Trends and Family Dollar highlight the tenants, along with the State of Illinois Human Services office and a local family services center. This property is prominently located in a dense and high-traffic area, and just 1 short mile east of Interstate 57.
Message for more information.
GREAT INVESTMENT OPPORTUNITY IN CHICAGO!
Here's your chance to own this 100% leased shopping center on main intersection of Halsted and 119th Street in the West Pullman neighborhood of Chicago. Big name retailers Citi Trends and Family Dollar highlight the tenants, along with the State of Illinois Human Services office and a local family services center. This property is prominently located in a dense and high-traffic area, and just 1 short mile east of Interstate 57.
Message for more information.
FINANCIAL SUMMARY (ACTUAL - 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 (ACTUAL - 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
Sale Type
Investment
Property Type
Retail
Property Subtype
Property Size
59,847 sq ft
Costar Property Class
B
Year Built/Renovated
1967/1983
Price
£3,358,655
Price per sq ft
£56.12
Yield
11.22%
NOI
£376,841
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.46
Total Plot Size
3.00 ac
Use Class
B3-1
Parking
300 Spaces (5.01 Spaces per 1,000 sq ft Leased)
Frontage
Walk Score®
Easily Walkable (70)
PROPERTY TAXES
| Parcel Number | 25-29-202-001-0000 | Total Assessment | £745,299 (2024) |
| Land Assessment | £294,137 (2024) | Annual Taxes | -£1 (£0.00/sq ft) |
| Improvements Assessment | £451,162 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
25-29-202-001-0000
Land Assessment
£294,137 (2024)
Improvements Assessment
£451,162 (2024)
Total Assessment
£745,299 (2024)
Annual Taxes
-£1 (£0.00/sq ft)
Tax Year
2023
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Halsted Plaza Shopping Center | 801-837 W 119th St
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