About This Home

This 0-bedroom, 0-bathroom commercial at 1116 N Chicago in Portales, NM is listed for $850,000. Built in 2022, on a N/A lot.

Key Features

  • Built in 2022

Property Details

2022
Listing Description

Excellent opportunity for someone looking for 1031 exchange property. New lease for 5 years with 3 renewable leases for 5 years each. Call Brett Johnson @ or Jerry Cass @ for more information, to schedule a showing or offers. Must set up an appointment because of the security and nature of the tenant.

Monthly Cost Estimate

$4,546/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

1116 N Chicago

Portales, NM 88130

Features & Amenities

Interior Features

Audio/Video SurveillanceSecurity System

Property Details

Construction

Block - Cinder Brick Brick Wainscot Concrete Crawlspace Floor - Slab Floor - Wood Frame Log Masonry Metal Frame Siding Siding Masonite Slump Block Fiberglass Styrofoam Aluminum Siding Asbestos Siding Clay Tile Concrete Block Mission Stone

Appliances

Water Heater

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1116 N Chicago is listed at $850,000. The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2022. Interior Features: Audio/Video Surveillance, Security System.

This property is listed by Lonnie Mitchell.

LM

Lonnie Mitchell

License 16716

Agent at Town & Country Real Estate

Listed by Town & Country Real Estate · Broker phone: (575) 762-7776 · Broker website

MLS# 20251859· Source: New Mexico MLS· 578 days on PropertySimple

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1116 N Chicago, Portales, NM 88130

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