Exceptional opportunity to acquire a fully-occupied retail storefront located on the high-traffic Howard St in the heart of Rogers Park. The property features three long-term tenants, all of whom have leased the premises for 10+ years, offering immediate in-place cash flow and long-term stability.
The anchor tenant, Cash America, occupies 3,300 SF and is part of the largest chain of pawn shops in the U.S., providing strong brand recognition and foot traffic. The additional two tenants — a neighborhood hair salon and a shoe repair shop — round out a reliable tenant mix serving the surrounding community.
Investment Highlights:
Occupancy: 100% leased with tenants in place for 10+ years
Anchor Tenant: Cash America – the largest pawn shop chain in the country
Below-Market Rents: Significant upside potential; current ownership has rarely raised rents
Zoning: B3-2 – allows for mixed-use or potential redevelopment
Corner Lot: Excellent visibility, walkability, and access to CTA Howard Station (Red/Purple/Yellow Lines)
High Traffic Area: 15,500+ vehicles/day, dense surrounding residential population
This is an ideal investment for an investor looking for stable income with built-in upside, thanks to under-market rents and flexible zoning in a rapidly evolving retail corridor.