Remarks

"Building/Real Estate and Lease sale only, EXCLUDING the one CD cleaner business". Single tenant triple net lease investment property on bustling Devon Ave./McCormick Blvd. heavy intersection at Christiana Ave., just across the street from the City of Chicago limit/boundaries. Single-story building occupied by the CD One price Cleaners, approximately 4,200 Sq. ft. located at strong retail corridor across from the Home Depot, Chase Bank. USA Postal Service, and steps to Ross for Less, TJ Maxx, Panera, Starbucks, with minutes to Lowe's, Kohl's, Walmart, Mariano's, and many others, occupied by the CD One Price Cleaners with over 40 locations in the Midwest and has been operating strongly in this location since 2011. A 10-year term lease started in 2021 till 2031, with 7-year and a five-year option remaining, both with rent increases every 5 years. Rear parking along Parkway in front of the building and public parking on the side of the building.

Details

MLS#: 11835339
Price: $1,559,000

Sq Ft: 4200

County: Cook
Lot Size: 6264
Tax Fee: 49840