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5215 N Milwaukee Ave
Chicago, IL 60630
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% occupancy
- Tremendous signage and visibility, with parking for 23 cars
- Anchored by a long-term lease with Firestone Corporation, a staple in the community for over 25 years
EXECUTIVE SUMMARY
Introducing an unprecedented opportunity—the fi rst time to market in 25 years! This 8,870 RSF retail strip center commands an unparalleled location with exceptional demographics and visibility. Boasting 100% occupancy, the property is anchored by a long-term lease with Firestone Corporation, a staple in the community for over 25 years. The building offers tremendous signage and visibility, with parking for 23 cars, and is strategically situated at a busy stoplight corner opposite Walgreens. Firestone’s lease includes 6,827 RSF with 10 service bays and a small office, extending through 12-1-2029 with multiple extension options. Additionally, Jarasa Kabab occupies 2,043 RSF with a lease through 7-31-2029 and extension options, making this an unmissable investment opportunity
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
8,870 SF
Building Class
C
Year Built
1989
NOI
$159,407
Tenancy
Single
Building Height
1 Story
Building FAR
1.20
Lot Size
0.17 AC
Parking
27 Spaces (3.04 Spaces per 1,000 SF Leased)
Frontage
300’ on North Milwaukee Avenue
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $79,258 | |
| Land Assessment | $170,243 | Total Assessment | $249,501 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$170,243
Improvements Assessment
$79,258
Total Assessment
$249,501
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