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Performing Arts Venue and 2 Apartments

3014 W Irving Park Rd, Chicago, IL 60618, USA
Available Now
57 views
FOR SALERetail / Strip Centers
Cap Rate
7.26%
NOI
$79,824
Building Size
7,267SF
Lot Size
0.13AC
Year Built
1913
Year Renovated
2015
Listing Contacts
Chief Executive Officer

More property details

Parking Info
2 Spaces (0.28 Spaces per 1,000 SF Leased)
APN
13-13-327-027-0000
Zoning
50
Occupancy
100%
Tenancy
Multi Tenant
Currently Leased
No
Investment
Owner User
Sale Type
Investment Sale
Property Class
C
No of Buildings
1
No of Stories
2

Features & amenities

Location Amenities
Commuter Rail
Metro/Subway
Airport
Location Amenities

Location

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Performing Arts Venue and 2 Apartments
About the location

3014 W Irving Park Road boasts great frontage on Irving Park Road with a traffic count of over 41,000 cars per day. The property has two residential apartments and one retail space. The retail space is occupied by Windy City Playhouse, a fantastic tenant that provides a truly unique theater experience. The theater boasts a substantial build out with capital improvements of approximately $1,100,000. Including a lobby with a bar, stage, theater seating, dressing rooms, kitchen and an extensive amount of lighting. Residential units were gut rehabbed with newer finishes and updated mechanicals and plumbing.

Location highlights
  • Converting the 1stfloor to a 150-seat theater with a lobby and bar
  • Reinforcing the sub floor
  • Soundproofing walls
Performing Arts Venue and 2 Apartments
7,267 SF · retail · Chicago · IL