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3916 N Broadway St
Chicago, IL 60613

$1,500,000 USD

Storefront Retail Office Condo For Sale  •  4,000 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 11,400 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1900
  • Cap Rate 7.35 %
  • Tenancy Multiple
  • Zoning B3-2
79 Transit Score
95 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Medical 4,000 SF $1,500,000 USD
  • Unit Size: 4,000 SF
  • Condo Use: Medical
  • Price: $1,500,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $375.00 USD
Description
Beautiful, one-of-a-kind, completely renovated, medical space along N Broadway in Lakeview East. Two medical units on one tax PIN for approximately 4,000 square foot of rentable space. Units share a common entry and can be easily combined. Property features 90 feet of frontage along N Broadway and 4 parking spaces.

Units are currently leased to two thriving, high-quality NNN medical tenants on 5+ year leases. Wellness Home At NorthStar Healthcare & Vesper Aesthetics. Both paying $29.00 NNN. Units feature spacious basements, ample plumbing, exam rooms with sinks, kitchens, break rooms, labs & washer-&-dryers.

Renovations completed in April 2023 are up-to-code, ADA Compliant, and feature stylish design and high quality materials and fixtures. Property is ideal for an investor or owner-user. Vesper Aesthetics will sign a long term NNN lease or vacate depending on buyer preference.

Sale Notes
Vesper Aesthetics will sign a long term NNN lease or vacate depending on buyer preference.

Description 

Beautiful, one-of-a-kind, completely renovated, medical
space along N Broadway in Lakeview East. Two medical
units on one tax PIN for approximately 4,000 square foot
of rentable space. Units share a common entry and can
be easily combined. Property features 90 feet of frontage
along N Broadway and 4 parking spaces.

Units are currently leased to two thriving, high-quality
NNN medical tenants on 5+ year leases. Wellness Home
At NorthStar Healthcare & Vesper Aesthetics. Both paying
$29.00 NNN. Units feature spacious basements, ample
plumbing, exam rooms with sinks, kitchens, break rooms,
labs & washer-&-dryers.

Renovations completed in April 2023 are up-to-code, ADA
Compliant, and feature stylish design and high quality
materials and fixtures. Property is ideal for an investor or
owner-user. Vesper Aesthetics will sign a long term NNN
lease or vacate depending on buyer preference.

Highlights

Completely Renovated
90 Feet of Frontage on North Broadway
Beautifully Designed

Property Flyers

Financial Summary

Cap Rate: 7.35 %
Total Expenses: $0 USD

Amenities

  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Ravenswood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 2.1 mi
Clybourn Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 3.5 mi
Transit/SubwayDriveWalkDistance
Sheridan Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 0 min 5 min 0.3 mi
Addison Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 11 min 0.6 mi
Wilson-North Inner (Purple Line - Chicago Transit Authority, Red Line - Chicago Transit Authority) 2 min 17 min 0.9 mi
AirportDriveWalkDistance
Chicago O'Hare International 23 min - 14.3 mi
Chicago Midway International 26 min - 17.7 mi
Adam Lash 773-542-3642 Imperial Realty Company
Adam Lash 773-542-3642 Imperial Realty Company