773-714-2119
, Chicago, IL for Sale
Retail - FOR SALE
1/2
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2 Building Investment Opportunity
Chicago, IL
Brainerd


HIGHLIGHTS

  • Two-property, fully leased Chicago retail portfolio
  • 100% occupied by national tenants (Dollar General & Advance Auto Parts)
  • Long-term NNN leases with minimal landlord responsibility
  • Located on high-traffic corridors (Ashland Ave & Montrose Ave)
  • Strong surrounding retail anchors and dense residential demographics

OVERVIEW

This offering represents a two-property, fully leased retail portfolio located in established Chicago neighborhoods, delivering stable in-place income backed by national credit tenants. The portfolio includes 9244 S. Ashland Avenue (Washington Heights/Beverly area) and a freestanding retail asset along West Montrose Avenue in Albany Park. Both properties are secured under long-term triple net (NNN) leases, minimizing landlord responsibilities while providing consistent, predictable cash flow. The Ashland Avenue property is a freestanding retail building situated on a 0.62-acre parcel along a heavily trafficked commercial corridor. The asset is leased to Dollar General under a recently renewed lease term extending through January 2032, with additional renewal options. The property benefits from strong visibility and consumer traffic, positioned within a retail trade area anchored by national brands including Jewel-Osco, Walgreens, and Burger King. The Albany Park asset is a 0.43-acre freestanding retail property leased to Advance Auto Parts under a long-term NNN lease through February 2031, also featuring extension options. Located along West Montrose Avenue, a prominent arterial on Chicago’s Northwest Side, the site is supported by dense surrounding residential population and a well-established neighborhood retail corridor, with access to CTA transit (Brown Line and bus routes) and major expressways.

ASK ABOUT THIS PROPERTY

Marc HaleDarwinPW RealtyMore Info
773-714-2119

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Marc HaleDarwinPW RealtyMore Info
773-714-2119

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