773-727-4285
1614 W 95th St, Chicago, IL for Sale
Bank - FOR SALE
1/15
null | Request Cap Rate

1614 W 95th St
Chicago, IL 60643
Beverly


HIGHLIGHTS

  • Subject presents a 3,500 SF freestanding bank w/ drive-thru STNL to BMO through Nov 2027 with (4) 5-year options and 10% step-up bumps throughout.
  • Outstanding investment-grade credit tenant approaching a 12-month notice period to exercise and having recently generated $50M+ in revenue.
  • Strong Jewel-Osco anchored location with excellent visibility and access in a growing retail corridor with a new Starbucks driving traffic.
  • Benefits from dense, urban infill demographics, evidenced by a growing population of 217,881 residents, where the AHHI exceeds $88,400 (3 miles).
  • Surrounding retailers in the corridor include Walgreens, Baskin-Robbins, GNC, Dunkin’, Subway, Dollar General, McDonald’s, and T-Mobile.
  • Positioned at the signalized intersection of Ashland Avenue and 95th Street (45,000+ VPD) with direct visibility and multiple access points.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Credit Tenant + Attractive Escalations

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,297 SF

ZONING

PD 430

APN/PARCEL ID

25-06-426-014-0000

ASK ABOUT THIS PROPERTY

Bryn FellerNorthmarqMore Info
773-727-4285

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Bryn FellerNorthmarqMore Info
773-727-4285

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