6330 N Northwest Hwy - Storefront Retail/Office FOR SALE


Chicago, IL 60631- Norwood Park
$2,183,000 USD
480-205-7637
6330 N Northwest Hwy, Chicago, IL for Sale
$2,183,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 6% Cap Rate

6330 N Northwest Hwy
Chicago, IL 60631
Norwood Park


HIGHLIGHTS

  • Corporate guaranty from Cellular Sales of Knoxville, Inc., the largest authorized Verizon retailer in the U.S. (over 750 locations).
  • Recent lease extension through October 2034, demonstrating long-term tenant commitment.
  • Signalized hard-corner with combined traffic counts exceeding 34,000 vehicles per day in a dense, urban infill setting with high barriers to entry.
  • Freestanding Verizon Wireless, built in 2017 as a build-to-suit.
  • Strong population base with more than 184,000 residents within a three-mile radius.
  • Affluent trade area with an average household income of $121,530 within a one-mile radius.

OVERVIEW

Bellagio Real Estate Partners, LLC is pleased to offer the opportunity to acquire a top performing Verizon in one of Chicago’s most stable and sought-after retail corridors. Built in 2017 as a build-to-suit for Verizon Wireless, this freestanding property combines credit-backed income with a prime, high-visibility location. Positioned at the signalized intersection of Harlem Avenue and N Northwest Highway, the site benefits from a combined traffic volume exceeding 30,000 vehicles per day and hosts more than 59,000 annual visits, ranking it in the top 15 percent of Verizon locations nationwide (Placer.AI). Verizon has further underscored its commitment to the site with a lease extension through October 2034, providing investors with long-term stability. Surrounded by national retailers, medical offices, restaurants, and schools, the property enjoys strong daily consumer demand in a dense, established urban trade area with over 184,000 residents within three miles. Less than 15 minutes from O’Hare International Airport, one of the busiest in the world, the site offers exceptional accessibility and sustained relevance. This is a rare chance to secure a credit-backed, high-performing asset in a high-barrier-to-entry market with long term income and strong real estate fundamentals.

FOR SALE DETAILS

PRICE

$2,183,000 USD

PRICE/SF

$859 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

B3-1

APN/PARCEL ID

13-06-102-021-0000

ASK ABOUT THIS PROPERTY

Brad TeitelbaumBellagio Real Estate Partners LLCMore Info
480-205-7637

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Brad TeitelbaumBellagio Real Estate Partners LLCMore Info
480-205-7637

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