5001 W Madison St - Freestanding FOR SALE


Chicago, IL 60644- Austin
$2,254,755 USD
720-604-2220
5001 W Madison St, Chicago, IL for Sale
$2,254,755 USD
Freestanding - FOR SALE
1/6
null | 6.75% Cap Rate

5001 W Madison St
Chicago, IL 60644
Austin


HIGHLIGHTS

  • Located in a densely populated part of Chicago
  • Long-term lease with 10+ years remaining
  • Top performing location on Placer.ai ranking in the 84th percentile in Illinois
  • Advance Auto Parts is committed to the property evidenced by a recent early lease extension
  • Proven successful location with a 20 year operating history
  • Extremely densely populated area with over 40,000 people living within one mile

FOR SALE DETAILS

PRICE

$2,254,755 USD

PRICE/SF

$322 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C2-2

APN/PARCEL ID

16-16-201-020-0000

ASK ABOUT THIS PROPERTY

Zach WrightThe Boulder GroupMore Info
720-604-2220

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Zach WrightThe Boulder GroupMore Info
720-604-2220

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