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66 E 103rd St
Chicago, IL 60628
Roseland Retail Center · Retail Property For Sale


Investment Highlights
- Value Add Center
- Existing Long Term National Tenants
- High Traffic Area
- Major Shopping District
- Densely Populated Area
- On Site Parking 50 plus spaces
Executive Summary
Great Value Add Opprtunity. +/-20,000sf Retail Center on a +/-51,000sf site. The center is Anchored by Chase Bank in the 4,015sf eastern end unit and Autzone in the 7,507sf western end unit. All leases are triple net. The inline space in the middle is 8,406sf. It was formerly occupied by Family Dollar. t. NOI at 100% occupancy based on current market rents in the area is estimated to be approximately $243,000-$250,000/yr. potentially generating a 9.26% cap rate.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
19,919 SF
Building Class
B
Year Built
1971
Price
$2,000,000
Price Per SF
$100.41
Cap Rate
8.16%
NOI
$163,100
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
1.17 AC
Parking
51 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Numbers | Improvements Assessment | $218,512 | |
| Land Assessment | $123,986 | Total Assessment | $342,498 |
Property Taxes
Parcel Numbers
Land Assessment
$123,986
Improvements Assessment
$218,512
Total Assessment
$342,498
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