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1720 W North Avenue, Chicago, IL

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DetailMap
1720 W North Avenue

Chicago, IL 60622-2125 - Northwest City Submarket


Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing Year Built:2015
Building Size:9,000 SF Land Area:.16 AC (6,970 SF)
For Sale Price:Condo (see detail) Price/SF:For Sale
Cap Rate:-
Condos:This property has 1 condo for sale. The size of the for sale condo is 3,707 SF.


Condos For Sale:
Floor
Suite
Unit SF
Price
Space Use
  1st
1720
3,707 SF
$1,628,354
Retail
 
3222348
Marketing Flyer Marketing Flyer  


Floor
Suite
Unit SF
Price
Space Use
1st
1720
3,707 SF
$1,628,354
Retail

Sale Notes:
The Boulder Group is pleased to exclusively market for sale a single tenant net leased retail condominium located in the premiere Wicker Park neighborhood of Chicago. The asset is leased to iLoveKickboxing, one of the fastest-growing fitness franchises in the United States according to Entrepreneur' s 2017 Fastest Growing Franchises' list. There are approximately 9 years remaining on the iLoveKickboxing lease that expires April 30, 2026. The lease features 3% annual rental escalations in the primary term and in each of the three 5-year renewal option periods. The subject property is iLoveKickboxing' s first Chicago location.

The 3,707 square foot asset is located at the intersection of North Avenue and Hermitage Avenue in Wicker Park. North Avenue is a primary east-west thoroughfare in the Wicker Park neighborhood experiencing traffic counts of more than 25,000 vehicles per day. The property is benefitted by its close proximity and easy interchangeable access to Interstate 90/94 which is the primary artery connecting Chicago to the North and Northwest suburbs of Chicago. Interstate 90/94 experiences traffic counts in excess of 323,400 vehicles per day. Further contributing to the strength of the iLoveKickboxing property is its proximity to the downtown Chicago Loop which is located approximately three miles southwest. Wicker Park is a major shopping, dining and lifestyle destination.



The Boulder Group
Jimmy Goodman
(847) 562-8500

Asher D Wenig
(847) 562-8849


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