4817 W Irving Park Rd - Storefront FOR SALE


Chicago, IL 60641- Portage Park
$1,899,000 USD
312-335-3229
4817 W Irving Park Rd, Chicago, IL for Sale
$1,899,000 USD
Storefront - FOR SALE
1/7
null | 7.16% Cap Rate

4817 W Irving Park Rd
Chicago, IL 60641
Portage Park


HIGHLIGHTS

  • 100% LEASED TWO TENANT RETAIL : STRONG FRANCHISE & REGIONAL TENANCY
  • AT SIX CONERS IN PORTAGE PARK WITH MASSIVE NEIGHBORING INVESTMENT
  • PROXIMITY TO ELITE RETAIL ANCHORS and EXCEPTIONAL TRANSIT-ORIENTED POSITIONING
  • STRONG DEMOGRAPHICS & CAPTIVE, AFFLUENT AUDIENCERetail Corridor
  • EXPOSURE TO OVER 70K COMBINED VEHICLE TRAFFIC COUNT

OVERVIEW

Located in the heart of Chicago's thriving Six Corners district, this 100% leased two-tenant retail investment offers stable, predictable cash flow with a low-management net lease structure. The property is occupied by established tenants AT&T Mobility (Franchisee-Owned) and Premier Physical Therapy, providing investors with strong national and regional tenancy in one of the city's fastest-growing commercial corridors. Surrounded by more than $130 million in recent redevelopment, including over 700 new apartments, the revitalized Sears redevelopment, and The Marketplace at Six Corners, the property benefits from exceptional demographics, exposure to 70,000+ vehicles per day, and outstanding transit access via Metra, CTA Blue Line, and I-90/I-94. This is an exceptional opportunity to acquire a stabilized retail asset in one of Chicago's premier neighborhood investment markets.

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$320 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B1-2

APN/PARCEL ID

13-21-203-008-0000,13-21-203-009-0000

ASK ABOUT THIS PROPERTY

Mark JonesJameson Commercial Real EstateMore Info
312-335-3229

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Mark JonesJameson Commercial Real EstateMore Info
312-335-3229

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