Baum Realty Group, LLC has been exclusively engaged to market for sale a rare, contiguous portfolio of three commercial properties located along the highly sought-after Clark Street corridor in Chicago’s Andersonville neighborhood. Comprising approximately 35,000 square feet of gross building area situated on 24,156 square feet of land, the portfolio is 99% leased to a diverse and durable tenant roster. The property features prominent national and regional retailers such as Sweetgreen, MyEyeDr., Milan Laser Corporation, The Brown Elephant, and Minyoli, along with a curated mix of healthcare providers specializing in health and wellness, therapy, and counseling services. Recent lease renewals have increased the property’s weighted average lease term (WALT) to approximately five years for the retail portion of the rent roll, enhancing long-term income stability.
Strategically positioned in the heart of Andersonville’s primary retail artery, the portfolio benefits from exceptional foot traffic, strong surrounding demographics, and limited retail turnover. The area is characterized by its unique blend of established national retailers— such as Jewel-Osco, Walgreens, Fifth Third Bank, Colectivo Coffee, and Jeni's Splendid Ice Creams—and vibrant, long-standing local businesses including Hopleaf, Lost Larson, Pizza Lobo, and Little Bad Wolf. The properties are conveniently located within half a mile of the CTA Red Line (Berwyn Station) and under a mile from Lake Michigan and Foster Beach.
Confidentiality Agreement - https://www.crexi.com/properties/1981956/illinois-andersonville-retail-mixed-use-portfolio