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3124 N Broadway
Chicago, IL 60657 Lakeview

$2,945,000 USD

Storefront Retail Residential For Sale  •  9,833 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 7,400 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1901
  • Tenancy Single
  • Zoning B3-2
80 Transit Score
100 Walk Score

Highlights

Fully occupied five (5) unit property combining a ±3,800 SF ground-floor storefront with four (4) two-bedroom apartments featuring modern amenities
Oak & Honey occupies the storefront at $32.00 per square foot with contractual term remaining through September 2029
Oak & Honey's lease is secured by two absolute personal guaranties and carries two five-year renewal options that can extend term to September 2039
Tenants pay their own gas and electric, while Oak & Honey reimburses $29,233 annually in operating expense and real estate tax recoveries
Positioned on Broadway just south of Belmont with the #36 bus and Belmont CTA Station steps away, plus (3) rear parking spaces available for lease

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Clybourn (Union Pacific North - Metra, Union Pacific Northwest - Metra) 5 min - 2.7 mi
Ravenswood (Union Pacific North - Metra) 7 min - 3.0 mi
Transit/SubwayDriveWalkDistance
Belmont Station (Brown, Purple, Red Lines) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L"), Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 10 min 0.6 mi
Wellington Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 11 min 0.6 mi
Diversey Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 15 min 0.8 mi
Addison Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Chicago Midway International 25 min - 14.5 mi
Chicago O'Hare International 25 min - 15.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Matthew Fritzshall 847-778-8746 Triton Realty Group, LLC
Matthew Fritzshall 847-778-8746 Triton Realty Group, LLC