Value Add 66 Mixed-Use Building For Sale 10% Cap Rate
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Video added by
MoHall Commercial & Urban Development
| Date Uploaded: September 14, 2020
| Date Created:
Description
MoHall Commercial & Urban Development presents this Value Add 66 Mixed-Use building for sale. Located in an Opportunity Zone, this building consist of 49 Apartments, 10 Offices, and 7 Retail stores. Tenants pay electric, cooking and heating gas. This building operates at a 10.1% Cap Rate and is 90% occupied. There is room for improvements that will increase monthly cash flow. This property is centered along the Chicago Transit Authority expansion plan, which would include 4 new train stations and also close proximity to the new Amazon Distribution Center.
Categories:
Commercial Properties for Sale
Property Types:
Multifamily, Office, Retail, Mixed-Use: Multifamily / Retail
States:
ILLINOIS
Regions:
Cook County
Cities:
Chicago
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