Commercial Sale

2706 Halsted Street, Chicago, Illinois 60614

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Property Description

7,600 SF fully-leased high profile commercial property on 1st fl of newer 5-story, 54-unit condo bldg on Halsted in the heart of the Lincoln Park/East Lakeview commercial district. Divided into 4 units, all of which are leased to long term Dental Masters tenant (leased since 2005), large Dunkin Donuts franchisee (10-year lease in 2020), Cosmetic Surgery of Chicago (5-year lease in 2023) and Beyond Ventures salon (5-year lease in 2023), which provide ~$214,000 in NOI for a 7.2% CAP rate with annual rent escalations. 130′ of frontage w/12’+ concrete ceilings. 6 garage parking spaces are available for use by owners and tenants (priced separately). Area tenants incl Dom’s Kitchen & Market, Home Depot, Guitar Center, Walgreens, Byline Bank, Trader Joes and numerous local restaurants and neighborhood businesses.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : MRD11471332
Price : $2,950,000
Year Built : 2002
Property Sub Type : Condominium,Medical
Features
Cooling System : Central Air
Address Map
Country : US
State : IL
County : Cook
City : Chicago
Zipcode : 60614
Street : Halsted
Street Number : 2706
Street Suffix : Street
Floor Number : 0
Longitude : W88° 21' 2.8''
Latitude : N41° 55' 54.2''
Area : CHI - Lincoln Park
Street Dir Prefix : N
MLS Addon
Agent Name : Scott
DaysOnMarket : 760
Directions : on W side of Halsted, 1 block S of Diversey at T i
FrontageType : City Street
List Agent Full Name : Scott Fithian
List Agent MLSID : MRD133676
List Office MLSID : MRD12435
List Office Name : The Lord Companies L.L.C.
Parcel Number : 14294070990000
Tax Year : $2,022
Unit Number : A-D
Zoning : COMMR
ListAgentLastName : Fithian
Annual Tax Amount : $0
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Status : Active
PhotosChangeTimestamp : 26/12/2023 23:56:02
Commercial Sale For Sale
  • Listing ID : MRD11471332
$2,950,000
Agent info
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