The Strength of Teamwork...The Reputation for Results!
Courtesy of: Brookline Real Estate LLC
Year Build: 1921
Address: 21 N Kilpatrick Avenue
Neighborhood: Chi - Austin
Property Taxes: $16,343
Tax Year: 2019
Brookline Real Estate, LLC. is proud to present a rare opportunity to acquire an industrial investment property positioned in a strong transit oriented location in the city of Chicago. 21 N Kilpatrick Avenue is 100% leased to Chicago vehicle detailing company, Premier Detailing, Inc. The 16,750 square foot property is located on Chicago's west side 1/2 block from Madison Street between the CTA Blue and Green Lines, just north of I-290. The building has gone through a recent transformation as a result of the substantial buildout by the current tenant and landlord. The immaculately-kept property features a bow truss ceiling supported by concrete block construction. Two drive-in-doors allow Premier Detailing, Inc to operate at a high volume with cars entering on Kilpatrick Avenue and exiting into the alleyway. This asset is being offered at a 9.30% CAP rate with tremendous cash flow and continued growth.
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