5-9 W Division St – Chicago, IL
11,500 SF Building | $6.24M | Old Town / River North
Size: 11,500 SF
Price: $6.24M
Market: Chicago
Use: Income / Retail
Investment Rationale
Fully leased Class B building with reported 6.25% cap rate and NOI of approximately $389,986.
Strong Old Town / River North infill location.
Income profile may support hold, reposition or future brand deployment.
Potential stabilizing asset within REO Venue portfolio.
Diligence Focus
Verify rent roll, cap rate, lease expirations and redevelopment constraints.