Last Updated: 4/28/2017 8:34 PM
Description for 3560 E 118th Street Chicago, IL 60617
An amazing investment opportunity with a High CAP RATE! This one Story single unit commercial building is in excellent condition and was recently up-dated. The existing long term tenants: "Advocate Health Group" has just renewed a five year lease (signed 05/15/2016) and are looking to stay long term. Perfect for a first-time investors looking for a safe place to increase their capital or a smart 1031 Exchange tax haven. Owner pays minimal CAM/Taxes. This property is a separate out-parcel lot 28,957 SF located in the heart of Chicago's East-side Commercial District within "East Lake Plaza" 22 minutes from the entrance to i90 Indiana Toll Rd. East Lake Mall is Anchored by: Pete's Fresh Market, TJ Maxx, Planet Fitness, Walgreens, Wendy's, Family Dollar, Dollar Tree, Subway... High Traffic location with plenty of parking on site!!!!
Exterior / Lot Features
Central Business District
South on Avenue O East on 118th St to property
Listing Price History
Chicago Real Estate
Chicago is located in Illinois. Chicago, Illinois 60617 has a population of 2,720,546.
The median household income in Chicago, Illinois 60617 is $47,831. The median household income for the surrounding county is $54,828 compared to the national median of $53,482. The median age of people living in Chicago 60617 is 33.4 years.
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