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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