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6438 W Gunnison Street

Harwood Heights, IL 60706
  • $935,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 11767522
Price Reduced
UPDATED: 101 min ago
$935,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1965
County:

School Ratings & Info

Description

$60K Price Reduction. New retail lease just signed. The property features two retail spaces in the front, two one bedroom units on the 2nd floor, and two studios (one on first floor, one on the second floor). One of the units has been fully updated with quartz counters and stainless steel appliances. The current east side retail tenant, has officed out of this location for 20+ years and is mtm. The property features a large warehouse space in the rear of the building with two 18 feet wide x 12 feet tall garage doors (13 foot bay) and one 12 foot wide by 12 foot tall garage door with additional office space. The total space of the entire warehouse and office is ~1900. Outside of the garages, there are 6 exterior spots on the side of the property. The location is approximately 1 mile south of I-90 access and you're directly across from Ridgemoor County Club. Proforma $109,080 rent per year is an 8%+ CAP rate. Very rare opportunity to find in this submarket.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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6438 W Gunnison Street Harwood Heights, IL 60706

  • Price: $935,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 101 min ago
  • MLS #: 11767522
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1965
Built
Neighborhood:
Harwood Heights
County:
Cook
Area:
Harwood Heights
Property Description
$60K Price Reduction. New retail lease just signed. The property features two retail spaces in the front, two one bedroom units on the 2nd floor, and two studios (one on first floor, one on the second floor). One of the units has been fully updated with quartz counters and stainless steel appliances. The current east side retail tenant, has officed out of this location for 20+ years and is mtm. The property features a large warehouse space in the rear of the building with two 18 feet wide x 12 feet tall garage doors (13 foot bay) and one 12 foot wide by 12 foot tall garage door with additional office space. The total space of the entire warehouse and office is ~1900. Outside of the garages, there are 6 exterior spots on the side of the property. The location is approximately 1 mile south of I-90 access and you're directly across from Ridgemoor County Club. Proforma $109,080 rent per year is an 8%+ CAP rate. Very rare opportunity to find in this submarket.
Exterior Features

Docks Exterior Exterior Building Type Brick Frontage Type City Street Outdoor Parking 6-12 Spaces Parking Total 6 Roof MembraneRubber Roof Structure Flat

Interior Features

Cooling Wall Sleeve Fireplaces Total 0 Heat Ventilation Central Bldg HeatGas Miscellaneous Inside Multi-TenantOverhead Door/S Number Of Dishwashers 0 Number Of Dryers 0 Number Of Ranges 4 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 5650 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/SSmoke Or Fire Protectors Geographic Locale O'hareNorthwest SuburbanChicago Northwest Gross Income 82500 Gross Scheduled Income 82500 Insurance Expense 1956 Location Corner Mls Actual Status Active Net Operating Income 49126 Operating Expense 29249 Ownership Types Individual Property Sub Type Mixed Use Rental Price 14.7 Tax Annual Amount 12705 Tax Year 2021 Tenant Pays Air ConditioningElectricity Total Monthly Income 6875 Township Norwood Park Type Mixed Use Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Triton Realty Group Llc: 312-788-9379.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Westchester IL, 60154