4725-4735 N Western Ave
Chicago, IL 60625
U.S. Bank Center · Retail Property For Sale

Representing true urban infill on Chicago’s northwest side, the Property is incredibly positioned and offers unparalleled access and visibility. Not only are the surrounding arterials some of Chicago’s busiest (84K+ VPD), the Western Station of the Chicago CTA’s Brown Line is within one block (63K+ daily riders) and five CTA bus routes run in close proximity (41K+ daily riders). Chicago bike sharing program, Divvy, also operates a station nearby. Each of the four tenants are operating under Landlord-favorable leases with limited responsibility and attractive rental increases – 3.0% annually for U.S. Bank and CoreFX; 2.5% annually for iLoveKickboxing; and 2.0% annually for Country Financial (who recently executed a three-year renewal). This rental growth (CAGR of roughly 33.53% over ten years) offers investors not only an attractive hedge against longterm inflation but also increasing value creation over time. Lincoln Square is one of Chicago’s most vibrant communities, and thanks in large part to its accessibility, is one of its fastest-growing. Numerous new multifamily and mixed-use developments are either currently planned or under construction with nearly 400 new units expected to deliver by 2020.