{"markerType": "CLIENT", "MlsName": "MRED", "MlsNumber": "09937658", "lat": "41.88597", "lng": "-87.66515", "Address": "219 North JUSTINE Street", "City": "CHICAGO", "StateProv": "IL", "ZipCode": "60607"}
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8,000 Sq Ft

Description of 219 North JUSTINE Street, CHICAGO, IL 60607

FULLY RENTED NET LEASED INVESTMENT PROPERTY WITH HIGH PROFILE TENANT PAYING $22,927.41 PER MONTH T-NET PLUS 100% OF ALL EXPENSES. LISTED AT A 6.12% CAP RATE, 8 YEARS LEFT ON THE 10 YEAR LEASE WITH 5% INCREASES PER YEAR, 2-5 YEAR OPTIONS TO RENEW WITH 5% INCREASES PER YEAR. TWO STORY 8,000 SQ.FT. LOFT BUILDING, 4,000 SQ.FT. PER FLOOR. THE BUILDING AND LOT DIMENSIONS ARE 40' X 100'. WITH "BOW TRUSS" R00F. THE SECOND FLOOR HAS 40' X 100' OF CLEAR SPAN. 1ST FLOOR HAS FULLY BUILT OUT RECORDING STUDIO, LOUNGE AND FULL KITCHEN, REAR DRIVE-IN-DOOR WITH 1 CAR GARAGE. LOFT STYLE BUILDING WITH INTERIOR EXPOSED BRICK AND BEAM AND BRICK EXTERIOR. GREAT WEST LOOP LOCATION EAST OF ASHLAND AND STEPS FROM THE ASHLAND AND LAKE "EL STOP". EXCELLENT INVESTMENT PROPERTY IN A HOT AREA.

Property Features of 219 North JUSTINE Street, CHICAGO, IL 60607

TYPE
Industrial
Year Built
1928
Community
CHI - Near West Side
Annual Taxes
$13,137.00
Stories
2
Acres
.08
Features
Central air
Forced air heat
Lot acreage is: .08
Lot dimension is: 40 X 103
Lot zoned: INDUS
Units in building(s): 2
Tax year: 2017
Courtesy of: Coldwell Banker Commercial NRT

Homes for Sale Nearby 219 North JUSTINE Street, CHICAGO, IL 60607

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