5501 S Kedzie Ave | Chicago, IL 60629
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- LoopNet Team
5501 S Kedzie Ave
Chicago, IL 60629
Med-Tail Strip Center | 2018 Construction · Retail Property For Sale
Investment Highlights
- 56% of the Gross Leasable Area is leased to medical tenants
- Shadow Anchored by the Top Ranked Starbucks location within 50 miles and the #4 Esporta Fitness location nationally, per Placer.ai
- This retail center features pylon signage,a surface parking lot, colorful channel signage and retail suites with shallow depth bays
- Located just 2.4 miles east of Chicago Midway International Airport and positioned at a signalized intersection with visibility to 32,700 VPD
- The two non-medical tenants – T-Mobile and Snipes – are both corporate stores with 2,120 and 124 locations, respectively
- Over 4 years of Weighted Average Lease Term remaining
Property Facts
Property Type
Retail
Building Size
13,004 SF
Building Class
B
Year Built
2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.81 AC
Zoning
B3-2 - Community Shopping District
Parking
44 Spaces (2.97 Spaces per 1,000 SF Leased)
Frontage
260’ on South Kedzie Avenue
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $289,097 | |
| Land Assessment | $197,404 | Total Assessment | $486,501 |
Property Taxes
Parcel Numbers
Land Assessment
$197,404
Improvements Assessment
$289,097
Total Assessment
$486,501
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