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Browse More Listings in Shopping Center For Sale, Chicago, IL or Illinois

Shopping Center For Sale

5601-19 W Division

5601-19 W Division, Chicago, IL 60644

Price:
$2,343,684
Gross Leasable Area:
10,306 SF
Price/SF:
$227.41
Property Type:
Shopping Center
Property Sub-type:
Strip Center
Property Use Type:
Net Lease Investment with 5 years left on lease
Commission Split:
1.5%
Cap Rate:
9%
Occupancy:
100%
No. Stories:
1
Tenancy:
Multiple
Year Built:
2008
Lot Size:
23,000 SF
Parking Ratio:
3.70 / 1,000 SF
Find Out More...

Last Verified 10/9/2009 Listing ID 16003425

Highlights

100% Leased Retail Center For Sale
Highly Visble Traffic Light Intersection
Built in 2008

10,306 sf building on 23,000 sf site
Offered at 9% cap

Description

This 10,306sf retail center that was built in 2008 is 100% leased. It is located at the SWC of Central Ave and Division Street in the densely populated Austin Community of Chicago, . It has great exposure to both Division and Central. All leases are triple net. Annual net rent $210,931.56.

The center is located at the SWC of Central and Division in the densely populated Austin Community of Chicago, just two blocks east of the Village of Oak Park.

Financial Summary

Major Tenant Information

Actual
Net Operating Income
$210,931

Tenant	SF Occupied	Lease Expired
Firehouse Steak and Lemonade	1,761
Q's Cellular	859
Chinese Restaurant	908
Beauty Supply	2,100
Tax Service	859

Map of 5601-19 W Division, Chicago, IL 60644 (Cook County)

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Created 11/25/2008

Additional Information for 5601 W Division Street, Chicago, IL 60651

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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5433 W Chicago Avenue
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Shopping Center Property For Sale - 5601-19 W Division

5601-19 W Division, Chicago, IL, 60644