3124 N Broadway Street, Chicago, IL, 60657

$2,945,000

About 3124 N Broadway Street

Triton Realty Group presents 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.

Additional Information: This property is located in the CHI - Lake View neighborhood, IL. This bedrooms mixed use property is priced at $2,945,000.

Facts & Features

MLS® # 12747228
Price $2,945,000
Bathrooms 0.00
Taxes $49,562
Year Built 1916
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 3124 N Broadway Street
Area CHI - Lake View
City Chicago
County Cook
State IL
Zip Code 60657

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Individual
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 8
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $49,562

Listing Details

OfficeTriton Realty Group LLC

Listing Map

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