10601 S Western Ave - Freestanding FOR SALE


Chicago, IL 60643- Beverly
$2,213,493 USD
312-523-3176
10601 S Western Ave, Chicago, IL for Sale
$2,213,493 USD
Freestanding - FOR SALE
1/6
null | 6.75% Cap Rate

10601 S Western Ave
Chicago, IL 60643
Beverly


HIGHLIGHTS

  • Single-Tenant NNN Investment guaranteed by Smile Partners Dentistry USA (National DSO) with 11 years of lease term remaining
  • True Triple-Net Lease – tenant responsible for taxes, insurance, and maintenance
  • Healthcare / Dental Tenancy – recession-resistant, service-oriented use with strong location dependency
  • Established Chicago Infill Location along the high-traffic Western Avenue corridor
  • Established Chicago Infill Location along the high-traffic Western Avenue corridor
  • Excellent Visibility & Access with strong daily traffic exposure

OVERVIEW

Offered for sale is a stabilized, single-tenant NNN investment occupied by Perfect Smiles Dentistry and corporately guaranteed by Smile Partners USA, a national dental services organization. The property features a true triple-net lease with approximately 11 years of remaining term, delivering long-term, passive income with minimal landlord responsibilities. Dental tenancy provides recession-resistant demand, high patient retention, and strong location dependency supported by significant build-out investment and an established patient base. Located in a dense Chicago infill trade area with excellent visibility and access, the site is surrounded by established residential neighborhoods and complementary medical and retail uses—supporting consistent traffic and long-term tenancy. An ideal opportunity for 1031 exchange buyers and investors seeking durable, healthcare-backed income.

FOR SALE DETAILS

PRICE

$2,213,493 USD

PRICE/SF

$503 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,866 SF

ZONING

B4-1, Chicago

APN/PARCEL ID

25-18-122-001-0000

ASK ABOUT THIS PROPERTY

Scott FitzgeraldJoseph Rossi & AssociatesMore Info
312-523-3176

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Scott FitzgeraldJoseph Rossi & AssociatesMore Info
312-523-3176

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