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4817 W Irving Park Rd 5,931 SF 100% Leased Retail Building Chicago, IL 60641 $1,899,000 ($320.18/SF) 7.16% Cap Rate



Investment Highlights
- 100% LEASED TWO TENANT RETAIL : STRONG FRANCHISE & REGIONAL TENANCY
- PROXIMITY TO ELITE RETAIL ANCHORS and EXCEPTIONAL TRANSIT-ORIENTED POSITIONING
- EXPOSURE TO OVER 70K COMBINED VEHICLE TRAFFIC COUNT
- AT SIX CONERS IN PORTAGE PARK WITH MASSIVE NEIGHBORING INVESTMENT
- STRONG DEMOGRAPHICS & CAPTIVE, AFFLUENT AUDIENCERetail Corridor
Executive Summary
Located in the heart of Chicago's thriving Six Corners district, this 100% leased two-tenant retail investment offers stable, predictable cash flow with a low-management net lease structure. The property is occupied by established tenants AT&T Mobility (Franchisee-Owned) and Premier Physical Therapy, providing investors with strong national and regional tenancy in one of the city's fastest-growing commercial corridors. Surrounded by more than $130 million in recent redevelopment, including over 700 new apartments, the revitalized Sears redevelopment, and The Marketplace at Six Corners, the property benefits from exceptional demographics, exposure to 70,000+ vehicles per day, and outstanding transit access via Metra, CTA Blue Line, and I-90/I-94. This is an exceptional opportunity to acquire a stabilized retail asset in one of Chicago's premier neighborhood investment markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,931 SF
Building Class
B
Year Built
1990
Price
$1,899,000
Price Per SF
$320.18
Cap Rate
7.16%
NOI
$135,914
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.97
Lot Size
0.14 AC
Zoning
B1-2
Frontage
68’ on Irving Park Rd
Amenities
- Bus Line
- Signage
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-21-203-009-0000 | Improvements Assessment | $53,810 |
| Land Assessment | $19,219 | Total Assessment | $73,029 |
Property Taxes
Parcel Number
13-21-203-009-0000
Land Assessment
$19,219
Improvements Assessment
$53,810
Total Assessment
$73,029
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4817 W Irving Park Rd
