Real Estate Agent Jean Crosby, Designated Managing Broker and Owner

Jean Crosby, Designated Managing Broker and Owner REALTOR®

(815) 231-2900
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3124 N Broadway Street, Chicago, IL 60657

$2,795,000
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  • 3124 N Broadway Street, Chicago, IL 60657 Main Photo

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SQUARE FEET7,600 MLS#12747228
STATUSActive PROPERTY TYPECommercial - Business
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Property Description

Presenting 3124 N. Broadway, a five (5) unit mixed-use investment on the Broadway retail corridor in premier Lakeview East. The 3,800 SF ground-floor storefront is occupied by Oak & Honey, an established bakery and bistro under lease through September 2029 currently at $32.96/SF, secured by two absolute personal guaranties with two five-year renewal options extending term to 2039. Four 900 SF two-bedroom/one-bath apartments, renovated in 2020, offer hardwood floors, custom fixtures, stainless-steel appliances, in-unit laundry, and individual central HVAC. All units are separately metered and the commercial tenant reimburses $30,819 annually in tax, insurance, and utility recoveries. Five rear parking spaces. Fully occupied with contractual rent growth and upside.

3124 N Broadway Street | MLS# 12747228

This commercial property located at 3124 N Broadway Street, Chicago, IL 60657 is currently listed for sale with an asking price of $2,795,000. Search Chicago real estate on jean.bhhscrosby.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Individual
Lot Size: 0.15 Acres
Stories: 3.0
Taxes: $49,562
Year Built: 1916

Feature Descriptions

Electric: Service - 101 to 200 Amps, Other
Exterior: Brick
Fire Protection: Sprinklers
Flooring: Wood
HVAC: Central Bldg Heat, Forced Air, Gas
Lot Dimensions: 32.5X200
Parcel#: 14281040830000
Parking: 1-5 Spaces, Assigned Spaces
Tenant Pays: Electricity, Heat
Units: 5

Listed By / Shown By

Listed By

Agency Name: Triton Realty Group LLC
Agency Phone: 312-788-9379

Shown By

Agent Name: Jean Crosby, Designated Managing Broker and Owner
Agent Phone: (815) 231-2900
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

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