For Sale  

3931 S. Leavitt Street Chicago, Illinois 60609

Description
The subject property at 3931 S. Leavitt Street is a 32,500 SF, shared kitchen, food production facility. It features a current cap rate of 8% with lease types of NNN. The building is two floors with 16,250 SF per floor.
Property Highlights
  • Long standing tenant, generating $14,000 a month, NNN lease
  • Includes 16 paved parking spaces
  • Specialized food-grade build-out with freezer + coolers and multiple kitchens.
  • 16,250 SF per floor
Property Specifications
Building Size + 32,500 Sq. Ft.
Land Size + 46,609 Sq. Ft.
Ceiling Height 10'-13'
Power 1,200 Amps, Heavy
Elevators 1 Elevator
Loading 5 Exterior Docks
Zoning M2-3
Taxes $29,800.48 ($0.92 PSF)
NET Operating Income $168,000
Lease Type NNN
Cap Rate 8%
Sale Price $2,100,000
Property Location