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Kedzie Plaza 4756 W 47th St 53,400 SF 85% Leased Retail Building Chicago, IL 60632 $11,100,000 ($207.87/SF) 8.02% Cap Rate
Investment Highlights
- GROCERY SHADOW ANCHOR | #1 LOCATION WITHIN ILLINOIS
- DENSE INFILL DEMOGRAPHICS
- MEDICAL & SERVICE TENANCY
- STABLE TENANCY
- STRONG RETAIL CORRIDOR
- UNPARALLELED LOCATION
Executive Summary
Mid-America Real Estate Corporation has been retained by the owner to sell the 100% fee simple interest in Kedzie Plaza. The established neighborhood shopping center is grocery shadow anchored and caters to Chicago’s densely populated southwest side.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
53,400 SF
Building Class
C
Year Built
1986
Price
$11,100,000
Price Per SF
$207.87
Cap Rate
8.02%
NOI
$890,761
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
3.11 AC
Zoning
50 - Community Shopping District
Parking
230 Spaces (4.28 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 4770
- 8,000 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 3221 | 1,036 SF | Retail | In-Line | 30 Days |
| 4770 | 8,000 SF | Retail | - | Now |
3221
| Size |
| 1,036 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
4770
| Size |
| 8,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3221
| Size | 1,036 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-11-201-058-0000 | Improvements Assessment | $46,115 |
| Land Assessment | $47,813 | Total Assessment | $93,928 |
Property Taxes
Parcel Number
19-11-201-058-0000
Land Assessment
$47,813
Improvements Assessment
$46,115
Total Assessment
$93,928
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
