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Savers: Chicago, IL 2928 N Ashland Ave 24,526 SF Retail Building Chicago, IL 60657 $5,800,000 ($236.48/SF) 7.50% Cap Rate
Investment Highlights
- The property benefits from a brand-new roof with a 20-year roof warranty, valid through 2046.
- This site is within 1 mile from nearly 30,000 households, placing a substantial built-in customer base within walking distance.
- This is one of the few retail centers in Lakeview offering ample surface-level parking (via easement).
- Within Chicago’s Primary Retail & Commercial Corridor.
- Savers is ideally positioned within a premier shopping center anchored by a top-performing Jewel-Osco.
Executive Summary
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
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Jan 0000
Savers began in 1954 with a first thrift shop in San Francisco's Mission District and has grown into a thrift business with stores in the U.S., Canada, and Australia. The company sells secondhand clothing, accessories, hard goods, electronics, books, and home goods through thrift stores and donation centers. Savers accepts donations on behalf of local nonprofit partners, pays those partners for reusable goods, and runs reuse and recycling programs designed to keep usable items out of landfills. The business positions thrift and reuse at the center of its model while serving shoppers seeking low-cost, pre-owned merchandise and communities that benefit from donation partnerships.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-30-224-038-0000 | Improvements Assessment | $672,610 |
| Land Assessment | $457,890 | Total Assessment | $1,130,500 |
Property Taxes
Contacts
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Christopher Bosworth -
Brian Pfohl -
Thomas Carr -
Ty Grenier -
Katie Goldberg -
Leah Lindell -
Abby Kelly -
Michael Kaider -
CBRE, Inc.
