6516-6534 W North Ave - Retail FOR SALE


Chicago, IL 60707
$2,573,000 USD
773-531-6886
6516-6534 W North Ave, Chicago, IL for Sale
$2,573,000 USD
Retail - FOR SALE
1/10
null | 9% Cap Rate

6516-6534 W North Ave
Chicago, IL 60707


HIGHLIGHTS

  • Aggressive CAP rates.
  • 100% Occupied.
  • 80% of tenants on NNN Leases.
  • Strong mix of local and national tenants along main retail thoroughfare.
  • Heavily traveled North Ave. sees almost 32K VPD.
  • Highly visible site with 234' of frontage and 2-story pylon sign.

OVERVIEW

Discover an exciting investment opportunity on the bustling stretch of 6516-6532 W. North Avenue, Chicago IL. This prime location offers a vibrant retail environment with a mix of national retailers, local businesses, and high foot traffic. Situated in a densely populated area, the property benefits from a strong consumer base and excellent visibility. Nearby points of interest include the Galewood-Mont Clare neighborhood and the Brickyard Shopping Center, providing a dynamic retail landscape for potential investors. With its strategic positioning and diverse offerings, the area presents an attractive prospect for those seeking to capitalize on the thriving Chicago retail market.

FOR SALE DETAILS

PRICE

$2,573,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Galewood Plaza II

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

89

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

C3-1

APN/PARCEL ID

13-31-422-030-0000,13-31-422-033-0000,13-31-422-039-0000,13-31-422-040-0000,13-31-422-041-0000,13-31-422-042-0000

ASK ABOUT THIS PROPERTY

Brad BeldenColliersMore Info
773-531-6886

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Brad BeldenColliersMore Info
773-531-6886

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.