100% Leased Mixed-Use Building Near North & Pulaski

No longer available
4023-25 W. North Ave.
Chicago, IL 60639
6,350 SF
Mixed-Use Building
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  • fully leased mixed-use building on North Ave in Chicago
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The Details

  • 6,350 SF mixed-use building
  • 100% leased building
  • 3,200 SF storefront leased to Metro PCS thru Oct. 31, 2024
  • Metro exercised 5-year renewal option in 2019
  • One 3-bed, one 2-bed apartment
  • All units individually metered
  • Gross Annual Income: $52,886
  • Pro Forma NOI: $42,856
  • Small on-site parking lot
  • Land Area: 6,000 SF
  • Zoning: B1-2, part of Pulaski Industrial Corridor TIF

Near the corner of North and Pulaski, a 6,350 square foot mixed-use building is available for sale. The property is fully leased with a 3,200 square foot storefront, a 3-bed apartment and a 2-bedroom apartment. Metro PCS is leasing the storefront unit thru October 2024, after exercising their five-year renewal option in 2019. The units are individually metered for heat and electric. The building is well-maintained with low owner expenses.

This section of West Humboldt Park is a mix of retail, mixed-use buildings, and single family homes. North Ave. is a strong commercial corridor for this neighborhood, with a variety of local and national businesses.