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5001 W Madison St
Chicago, IL 60644
Advance Auto Parts · Retail Property For Sale
Investment Highlights
- Located in a densely populated part of Chicago
- Top performing location on Placer.ai ranking in the 84th percentile in Illinois
- Proven successful location with a 20 year operating history
- Long-term lease with 10+ years remaining
- Advance Auto Parts is committed to the property evidenced by a recent early lease extension
- Extremely densely populated area with over 40,000 people living within one mile
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
2006
Price
$2,254,755
Price Per SF
$322.11
Cap Rate
6.75%
NOI
$152,196
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.52 AC
Zoning
C2-2
Parking
20 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 16-16-201-020-0000 | Improvements Assessment | $108,849 |
| Land Assessment | $73,652 | Total Assessment | $182,501 |
Property Taxes
Parcel Number
16-16-201-020-0000
Land Assessment
$73,652
Improvements Assessment
$108,849
Total Assessment
$182,501
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