633 S Plymouth Court
Chicago, IL 60605

Tools & Resources:

Description

RARE RETAIL INVESTMENT OPPORTUNITY IN CHICAGO'S HISTORIC PRINTERS ROW. 6,645 SF RETAIL SPACE AT THE BASE OF THE POPE BUILDING. FULLY LEASED WITH 3 LONG-TERM TENANTS (MODE, CITY HAUL, KNUCKLEHEADS). CURRENT GROSS INCOME $140,816 WITH NOI OF $68,407 (7.6 CAP RATE). VALUE-ADD POTENTIAL WITH BELOW-MARKET RENTS AND LEASES EXPIRING SOON. PERFECT FOR AN ARMCHAIR INVESTOR OR OWNER-USER LOOKING TO OCCUPY SPACE. LOCATED STEPS FROM THE LOOP, GRANT PARK, AND PUBLIC TRANSIT. AMPLE ADJACENT PARKING AVAILABLE. PROOF OF FUNDS REQUIRED

Features

• Property Type: Commercial
• Sub Type: Office/Tech
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60605
• Year Built: 1904
• Sq.Ft.: 6,645 sq ft
• Stories: 12
• Units: 1 unit
• Zoning: COMMR
• # Of Tenants: 3
• Approximate Age: Older
• Building Area Total: 6645
• Built Before 1978 (Y/N): Yes
• Cap Rate: 7.6
• Construction Materials: Brick
• Cooling: Central Air
• Directions: Located in the Historic Printer's Row, South of Harrison St. on Plymouth Cir.
• Electric: Circuit Breakers
• Fire Protection: Fire Extinguisher/s
• Geographic Locale: Downtown Chicago
• Heat/Ventilation: Forced Air, Gas
• Information: 24-Hr Notice Required, List Broker Must Accompany
• Known Encumbrances: None Known
• Location: Central Business District, Mixed Use Area
• Lot Size Square Feet: 11000
• Main Type: Commercial Sale
• Misc Outside: Handicapped Design, Security Lighting
• Outdoor Parking: Fee Parking
• Ownership Type: Limited Liability Corp
• Property Offered: For Sale Only
• Tax Year: 2024
• Township: South Chicago
• Utilities: Electric to Site, Natural Gas Available, Sewer Connected
• Water Source: Municipal Water