5 Location Service Suites CRE Portfolio & Biz - Business for Sale
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Service Suites CRE Portfolio with 5 Locations in Chicago Area
Chicago, IL, US
Added 11 months ago
Commercial Real Estate Leasing and Management
20 years in business
Absentee / Semi-AbsenteeRetiring Owner
The business is a portfolio of five owned commercial real estate properties in the Chicago, IL area, operating as retail-facing service suites leased to independent B2C service providers, with nearly 20 years of operating history and a tenant management operation.
Key Information
Asking
$4.9M
Revenue
$971K
Earnings
$639K
Multiple
7.7x
Key Highlights
- Portfolio includes 5 owned commercial condos at 5 different locations/towns in the Chicagoland area
- Average occupancy: 96%+/- (per seller)
- Years in operation: 20
- FF&E included: $500,000; Inventory: $10,000
- Business model: Leasing and tenant-management operation for retail-facing service suites with dozens of small tenants per location
Contact Info
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