734 W Fullerton AVE Active

Chicago,IL 60614

$ 1099000

- Bed

0 Bath

2080 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 2,080 sqft

Price per Sqft $528

MLS Listing ID 12075455

Year Built 1891

Tax Year 2022

Lot Dimensions 18X86

Property Description

Investment Opportunity! Single-tenant, income generating restaurant located in the heart of much sought-after Lincoln Park. NNN leased investment. Steps from 5-corner intersection of Fullerton/Lincoln/Halsted and DePaul University. Extremely high quality build-out with 8' hood. Second floor completely built-out for catering/commissary kitchen with its own black iron, Type I hood and separate ingress/egress. Located on busy Fullerton (17,700 Vehicles Per Day). Walking distance to DePaul University (in the nation's top 10 largest private universities). Nearby businesses include Studio Three, Fedex, Equinox gym and Chase Bank. 5 minute walk to Brown Line. Population of 494,774 within 3 mile radius and average household income of $140,348. NOI: $61,225. Cap Rate 6%. OPERATING. DO NOT DISTURB EMPLOYEES OR MANAGEMENT.

Location

State IL

County Cook

Area Chi - Lincoln Park

Zoning RTAIL

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Level or Stories 2

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