21 North Kilpatrick AvenueChicago, IL 60644Price: $899,000

  • Price: $899,000
  • 82 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.17Acreage
  • 16,750Square Feet
  • 1921Year Built

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Brookline Real Estate, LLC. is proud to present a rare opportunity to acquire an industrial investment property positioned in a strong transit oriented location in the city of Chicago. 21 N Kilpatrick Avenue is 100% leased to Chicago vehicle detailing company, Premier Detailing, Inc. The 16,750 square foot property is located on Chicago's west side 1/2 block from Madison Street between the CTA Blue and Green Lines, just north of I-290. The building has gone through a recent transformation as a result of the substantial buildout by the current tenant and landlord. The immaculately-kept property features a bow truss ceiling supported by concrete block construction. Two drive-in-doors allow Premier Detailing, Inc to operate at a high volume with cars entering on Kilpatrick Avenue and exiting into the alleyway. This asset is being offered at a 9.30% CAP rate with tremendous cash flow and continued growth.

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Listed by Dominick Cannata of Brookline Real Estate LLC

Based on information submitted to MRED  as of October 19, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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