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 currently at $32.96/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 $30,819 annually in tax, insurance, and utility recoveries. Five rear parking spaces. Fully occupied with contractual rent growth and upside.
Listed By
Agency Name: Triton Realty Group LLC
Agency Phone: 312-788-9379
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
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3124 N Broadway Street | MLS# 12747228
This commercial property located at 3124 N Broadway Street, Chicago, IL 60657 is currently listed for sale with an asking price of $2,795,000. Search Chicago real estate on www.bhhscrosby.com today.