Chicago, IL 60640 1828 W Foster Avenue # CE
$795,000
0 more
Presented By: Stone Realty Group
SQFT • 16,000
Home Details
Prime NNN Investment Opportunity - Dental Practice in Chicago, IL This property features a 10.5-year lease expiring 10/31/2029 with annual rent increases and two 5-year renewal options along with a personal guaranty from a well-established 9-location dental operator with strong financials. This NNN lease structure provides a low-maintenance investment, with the tenant covering all interior expenses while the condo association manages exterior maintenance, including capital items-costs that are fully reimbursed by the tenant through monthly assessments. In addition, tenant is also fully responsible for paying taxes directly, as well as insurance with landlord named as additional insured.
Presented By: Stone Realty Group
General for 1828 W Foster Avenue # CE
Additional Parcels Y/NNo
Cap Rate7.53
CityChicago
CoolingCentral Air
CountyCook
Current UseMedical/Dental
DirectionsStarting Point: Intersection of Western Ave & Foster Ave. Head E on W Foster Ave. Continue for approximately 0.7 miles. Destination will be on the N side of the street, just past N Wolcott Ave.
ElectricCircuit Breakers, Fuses
Gross Income59852
Leasable Area1500
Lease TypeNet
Lot Size Square Feet6250
MLS AreaCHI - Lincoln Square
ModificationTimestamp2025-02-25T06:07:23.598Z
Net Operating Income59852
Operating Expense0
Property SubtypeBusiness
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories4
Tax Annual Amount18983.03
Tax Year2023
Unit NumberCE
Year Built2005
ZoningOFFIC
Exterior for 1828 W Foster Avenue # CE
Building Area Total16000
Lot Dimensions0.14 ACRES
Additional Details
Price History
