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Enterprise Rent-A-Car 2900 N Sheffield Ave 1,126 SF Retail Building Chicago, IL 60657 $4,300,000 ($3,818.83/SF) 6.63% Cap Rate
INVESTMENT HIGHLIGHTS
- Highly sought-after Wrigleyville neighborhood – Dense, urban infill location
- Absolute NNN – No landlord responsibilities
- Found in Chicago’s Lakeview neighborhood – 106,000+ people living within one-mile
- Rare, covered land play as Enterprise has no renewal options
- Over 7 years remain on the primary lease term
- Affluent area - $183,000+ average household income within one mile
EXECUTIVE SUMMARY
The property bene?ts from its position within Chicago’s vibrant Lakeview neighborhood. There are over 106,000 people living within one mile of the property, those of which earn an average household income exceeding $183,000. The property is surrounded by major demand drivers including Advocate Illinois Masonic Medical Center (397 beds), Advocate Outpatient Center, Belmont Harbor, Diversey Harbor, Jewel-Osco, Whole Foods, and Wrigley Field. Situated just two blocks from Wellington Station, served by the Purple and Brown CTA lines with a combined 38,000 daily riders, the property offers exceptional transit access. It is also surrounded by major thoroughfares, including Diversey Pkwy (16,700 vehicles per day), Halsted St (12,400 VPD), Lincoln Ave (13,000 VPD), Belmont Ave (17,700 VPD), and Lake Shore Dr (161,000 VPD).
Enterprise Rent-A-Car, founded in 1957 by Jack Taylor in St. Louis, Missouri, is a global leader in the car rental industry. Initially a small leasing company with just seven vehicles, Enterprise grew under Taylor’s vision of exceptional customer service and a focus on local markets. Today, it operates over 9,500 locations in more than 100 countries, offering a wide range of vehicles for personal and business use. The company, still family-owned through Enterprise Mobility, emphasizes ?exibility with services like daily rentals, long-term leases, and innovative programs such as Enterprise CarShare and Exotic Car Collection, catering to diverse customer needs.
PROPERTY FACTS
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Rental and Leasing Services
- -
- -
- Feb 2033
Enterprise Rent-A-Car represents an ongoing success story in America. Its guiding principles and humble beginnings are rooted in personal honesty and integrity. The company is committed to strengthening communities one neighborhood at a time, treating customers like family, and rewarding hard work—values that have remained consistent since its founding in 1957. Today, Enterprise has established itself as the largest provider of transportation solutions, offering car and truck rentals, car sharing, and car sales. With thousands locations worldwide, the company is always available to meet customer needs. In addition, Enterprise actively engages in sustainability, recognizing it as beneficial for business and essential for creating a better future for generations to come. Due to its size, the company is uniquely positioned to drive innovation, advance research, and implement market-driven solutions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Rental and Leasing Services | - | - | Feb 2033 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-29-220-045-0000 | Improvements Assessment | $19,038 |
| Land Assessment | $111,213 | Total Assessment | $130,251 |
PROPERTY TAXES
Presented by
Enterprise Rent-A-Car | 2900 N Sheffield Ave
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