$1,150,000
$1,250,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
194,807 SqFt
SOLD DATE : 09/20/2022
Key Details
Sold Price $1,150,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 194,807 sqft
Price per Sqft $5
MLS Listing ID 11310068
Sold Date 09/20/22
Year Built 1972
Annual Tax Amount $7
Tax Year 2020
Lot Dimensions 180X187
Property Sub-Type Retail/Stores
Property Description
Uncommon in the true Gold Coast, this first floor commercial offering is located at the northeast corner of East Goethe Street and North Ritchie Court across from Goudy Square, a children's park. The three units total approximately 5,469 SF. The largest space, Unit A (4,311 SF) is built out for a salon and day spa. Unit B (854 SF) is used for offices and an employee locker room and lunchroom. Unit C (304 SF) provides space for storage. The combined prorata share is 1.19163%. Pets allowed with a 35 pound weight limit. The units are not available individually. The present improvements were constructed in 2010 through 2015 at a cost of $700,000. Work included new electrical and renovated 5 zone mechanical systems and new separately metered electric and natural gas service. Domestic water is included in assessment. Approximate annual expenses are: Gas $2000, Electric, $10,200, and Assessments $17,900. Note two 75 gallon domestic hot water heaters are electric.
Location
State IL
County Cook
Area Chi - Near North Side
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 27
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Bought with Alisa Levin • Fulton Grace Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "