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Listed by Matthew Fritzshallof Triton Realty Group LLC
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Est. payment | /mo
7,600 SqFt
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Est. payment | /mo
7,600 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,600 sqft
MLS Listing ID 12747228
Year Built 1916
Annual Tax Amount $49,562
Tax Year 2025
Lot Dimensions 32.5X200
Property Sub-Type Mixed Use
Property Description
Presenting 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.
Location
State IL
County Cook
Interior
Cooling Central Individual
Flooring Wood
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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