1118 W Fullerton Ave

1118 W Fullerton Ave , Chicago, Illinois, 60614 | 2,910 sq.f | $ 1,499,000

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About This Restaurant

Investment Highlights

Heavy daily foot traffic. Huge 25 X 151.3 lot. Across the street from The Quad at DePaul University.

Executive Summary

A beloved DePaul fixture in the Heart of Lincoln Park, overlooking the Quad at DePaul University with spectacular downtown views from above. 2-story brick building, home to Branko's Sandwich Shop since 1976. Huge 25 X 151.3 lot, RT-4 zoning. The counter service restaurant has seating for 26 and everything needed for food prep, cooking, and holding. Office, (2) half baths, W/D, and access to unfinished full basement that runs the length of the building. Expansive 2nd-floor apartment with 3-4 BRs, formal DR, natural woodwork, tiled kitchen & bath, transom window, and back porch. Terraced backyard includes gardens and 2-car garage. AS-IS condition. In Sept the City Council adopted a Resolution honoring the family & restaurant for their contributions to the community.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Fast Food General Retail Restaurant General Retail Storefront Retail/Office Storefront Retail/Residential
  • Building Size    2,910
  • Building Class    C
  • Year Built    1907
  • Price    1,499,000
  • Price Per SF    515
  • Cap Rate    7.59
  • NOI    113,833
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.78
  • Land Acres    0.09 AC

Amenities

  • Signage

Nearby Amenities & Transportation

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Property Taxes

Parcel Number 14-29-425-034-0000 Improvements Assessment $56,250 (2023)
Land Assessment $106,000 (2023) Total Assessment $(1) (0.00/SF)
Date Created: 2024-07-16 04:13:39 Last Updated: 2024-07-16 04:13:39
Address: 1118 W Fullerton Ave , Chicago, Illinois, 60614