1435 Sedgwick Street, CHICAGO

$349,888

0 Beds
0 Baths
1,600 Sqft
0 Acres
0 Garages

Prime retail storefront in the heart of Old Town featuring 1,600 Sq Ft on the ground level. Also includes approximately 700 Sq Ft of basement storage space. Located within a residential condo building on a high traffic street, just south of North Avenue. Currently leased to a Mini Mart for $3,010/month with yearly increases (lease through 5/31/2022 with one 5-year renewal option). Great investment opportunity with 6% cap rate. Owner's expenses include property taxes, 1/3 of the building insurance, 1/3 of the building electric, and 1/3 of building water and sewer. High-density residential area with heavy foot traffic, directly across from Marshall Field Garden Apartments which houses 628 apartments. Steps away from schools like Catherine Cook School and Franklin Fine Arts Center. Near the famous comedy clubs, Second City & Zanies, along with numerous bars/restaurants. Walking distance from multiple CTA bus stops and the Sedgwick brown & purple "L" train stops.

Essential Information
MLS® #10327020
Price$349,888
Square Footage1,600
Acres0.00
Year Built1886
TypeCommercial
Sub-TypeRetail/Stores
StatusActive
Community Information
Address1435 Sedgwick Street
AreaCHI - Near North Side
CityCHICAGO
CountyCook
StateIL
Zip Code60610
Interior
HeatingForced Air
CoolingCentral Air
Stories1
Additional Information
ZoningRTAIL
Listing Details
OfficeCompass
Property History
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $369,888 to $349,888
Status Changed from New to Active
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Listing information last updated on August 21st, 2019 at 9:06am CDT.