Kevin J. Rocio
Office Phone: 312-506-0200
Cell Phone: 312-972-4381
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Purchase OnlyAsking Price: $1,695,000.00 Cap Rate: 7.05%; Commission Split: 2.5%
Acquisition TypeAsking Purchase Price: $0 Business income to seller for term, B2B Partnership terms, Other Details
Listing ID: CL-Illinois-40981
Status: Accepting Offers
Financing: No Financing Available
Occupancy: 0%
Year Build: 0
Building Size: 0 SqFt
Lot Size: 0 Not Specified
No of Stories: 0
No of Parking: 0
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Details
Offer to Millionaire Club: No
Cap Rate (%): 7.05
Commission Split (%): 2.5
Building Size: 0 SqFt.
Total Lot Area: 0.00 Not Specified
No of Total Units: 0
Property Current Status: Normal Sale
Heating and Cooling: Not Specified
Building Class: C
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
This vintage corner mixed-use building has a lovely courtyard ad is located across from beautiful Marquette Park and Golf Course. Conveniently located near shopping, transportation, gas station and only 12 minutes away from Chicago Midway International Airport. Unit Mix includes: 5 retail or office store fronts, 9 studio apartments with separate eat-in kitchens and 27 one-bedroom apartments with a variety of floor plans. Building features includes intercoms, a gated courtyard, new hot water tanks, newer electric and aluminum thermal pane windows. This investment property offers the opportunity for a new owner to add-value by increasing rents and lease-up of the vacant commercial spaces.
Download | 3134 W Marquette Floorplans.pdf ( 751.51KB)
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