Active · For Sale · Office/Tech

6650 N Northwest Highway, Chicago, IL 60631

MLS #12672585

6650 N Northwest Highway, Chicago, IL 60631
6650 N Northwest Highway, Chicago, IL 60631CRER
6650 N Northwest Highway, Chicago, IL 60631

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6650 N Northwest Highway, Chicago, IL 60631

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The property

Executive summary

Tremendous opportunity for user to buy awesome brick flexicore office building for their business and tremendous additional income. Remodeled multi use professional offices in elevator building in fantastic Edison Park neighborhood in northwest Chicago. Awesome off street parking. Near all modes of public transportation. Landlord pays heat, air conditioning, cleaning for your space and common areas, and no charge for taxes. Nice granite lobby with waiting area. Located on street with multiple thriving restaurants and various other businesses. Individual offices sizes vary from 200 sqft to 4000 sqft with great full service leases. For financials and other information contact listing agent. Call listing agent if interested in renting office space

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income
$400,000
Reported Annual Expenses
$200,000
Estimated NOI
$200,000
Estimated Cap Rate
3.85%
Estimated GRM
13.00
Annual Taxes
$64,039 (2024)

Property Details

Units
5
Building Size
30,000 SF
Lot Size
18,750 SF
Lot Dimensions
150 x 125
Stories
3
Year Built
1974
Building Age
26-35 Years
Construction
Brick
Roof
Flat
Zoning
OFFIC
Parcel Number
09364160360000

Operations & Utilities

Heating
Central Bldg Heat
Cooling
Central Air
Tenant Pays
Electricity
Electric
Circuit Breakers

Location & Use

County
Cook
Market Area
Chicago - Edison Park
Township
Jefferson
Present Use
Office
Potential Use
Office

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.