3900 West Columbus AvenueChicago, IL 60652Price: $1,625,000

  • Price: $1,625,000
  • 32 Days on Market
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Federal 30-year interest rate: 5.1% last updated on May 26, 2022
* 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.
  • 26,750Square Feet
  • 1958Year Built

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Looking to hedge against inflation? How about a large cash flowing property with redevelopment potential?!! 27,000 SF building plus a parking lot for 100+ cars and a vacant lot that can be used for parking or developed for commercial use. The building currently is occupied by a 28 lane bowling alley w/ banquet room,game room,snack bar,pro shop and locker rooms. Long term tenant has a triple net lease NNN! and pays for all expenses. Lease is month to month but tenant willing to stay. Located in a high traffic/densely populated area just off the tri-corner of 87th St.,Columbus Ave,and Pulaski Rd. This property offers cash flow,upside,development,scale and much more!

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Listed by Paul Tsakiris of First Western Properties

Based on information submitted to MRED  as of May 27, 2022 . 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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