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10532 S Indianapolis Ave
Chicago, IL 60617
Corp ALDI | Early Ext. | 21+ Yrs | Chicago · Retail Property For Sale
Investment Highlights
- 21+ year, Corporate Lease to ALDI, Inc.
- Strong hedge against inflation | Rare, 10% rental increases every 5 years
- Absolute NNN ground lease with cheap rent | No Landlord Responsibilities
- Existing, seasoned, & successful location | Tenant is expanding the footprint of the building by 1,088 SF and recently signed a new, 20-year lease
Property Facts
Property Type
Retail
Property Subtype
Building Size
16,275 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.40 AC
Zoning
C1-1,M1-1
Parking
41 Spaces (2.52 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 26-08-408-032-0000 | Improvements Assessment | $258,014 |
| Land Assessment | $156,403 | Total Assessment | $414,417 |
Property Taxes
Parcel Number
26-08-408-032-0000
Land Assessment
$156,403
Improvements Assessment
$258,014
Total Assessment
$414,417
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