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$ 3,400,000
Est. payment | /mo
110,698 SqFt
$ 3,400,000
Est. payment | /mo
110,698 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 110,698 sqft
Price per Sqft $30
MLS Listing ID 12276218
Year Built 2007
Annual Tax Amount $57,617
Tax Year 2023
Lot Dimensions 50X100
Property Sub-Type Retail/Stores
Property Description
The ground floor corner retail condo located at 657 W Fulton Market offers a prime investment opportunity with high visibility at the base of a 75-unit condo development. The property is 100% leased to the international daycare operator Kids & Company, which has 170 locations across the U.S. and Canada. The lease has over 8 years remaining on a 15-year initial term, with scheduled annual rent increases and a 5-year renewal option. The 5,142 SF commercial condo includes three deeded parking spaces and is surrounded by major corporate headquarters and luxury residential developments. The property benefits from excellent transportation access via the Clinton CTA Station and nearby I-90/94.
Location
State IL
County Cook
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Listed by Scott Maesel • Sperry Van Ness
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States