Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee-simple interest in Stone Park Corners, an unanchored neighborhood retail shopping center located in Stone Park (Chicago), IL (“The Property”). The Property consists of a 20,254 square foot multi-tenant retail building on a 1.67-acre parcel of land. The Property was built in 2010 and is 100% occupied by an outstanding diverse tenant lineup all operating under shopping center net leases whereby tenants reimburse landlord for all common area maintenance, real estate taxes, and insurance. See Appendix for more detail.
The Property is strategically located two (2) miles east of the Interstate 290/294 interchange along the heavily trafficked and primary east/west thoroughfare W North Avenue (±51,527 VPD) at the signalized intersection of W North Avenue & Indiana Boundary Rd. The Property benefits from excellent visibility with multiple access points. Additionally, the Property sits seven (7) miles south of Chicago O’Hare International Airport.