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3124 N Broadway Street Chicago, IL 60657

$2,945,000
New / MLS# 12747228 / Commercial - Business / Chicago
0 Beds
7600 SqFt

Triton Realty Group presents 3124 N. Broadway, a five (5) unit mixed-use investment on the Broadway retail corridor in premier Lakeview East. The 3,800 SF ground-floor storefront is occupied by Oak & Honey, an established bakery and bistro under lease through September 2029 at $32.00/SF, secured by two absolute personal guaranties with two five-year renewal options extending term to 2039. Four 900 SF two-bedroom/one-bath apartments, renovated in 2020, offer hardwood floors, custom fixtures, stainless-steel appliances, in-unit laundry, and individual central HVAC. All units are separately metered and the commercial tenant reimburses $29,233 annually in tax, insurance, and utility recoveries. Five rear parking spaces. Fully occupied with contractual rent growth and upside.

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Baird & Warner Kate Schumacher Agent Cell: 847.624.3153 Email

Property Details

Property Type: Commercial - Business
Cooling: Central Individual
Lot Size: 0.15 Acres
Stories: 3.0
Taxes: $49,562
Year Built: 1916

Feature Descriptions

Electric: Service - 101 to 200 Amps, Other
Exterior: Brick
Fire Protection: Sprinklers
Flooring: Wood
HVAC: Central Bldg Heat, Forced Air, Gas
Lot Dimensions: 32.5X200
Parcel#: 14281040830000
Parking: 1-5 Spaces, Assigned Spaces
Tenant Pays: Electricity, Heat
Units: 5

Location

See details and scored characteristics about this location.

Listing Office: Triton Realty Group LLC

Listing Office Phone: 312-788-9379



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