5518 W Chicago Ave | Chicago, IL 60651
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- LoopNet Team
5518 W Chicago Ave
Chicago, IL 60651
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Leased to Dollar General on a net-lease; minimal landlord responsibilities
- Corporate guarantee from Investment grade tenant (S&P: BBB)
- Surrounded by national tenants including: McDonald’s, Subway, Dunkin’, Walmart, Menards, Ace Hardware, Planet Fitness, and more
- Strong hedge against inflation; 10% rental increases every 5 years
- Placed in high traffic corridor of Chicago Ave. which sees approximately 8,836 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,650 SF
Building Class
B
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
0.92
Lot Size
0.29 AC
Zoning
B3-1 - Community Shopping District
Frontage
49’ on W Chicago Ave
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $137,601 | |
| Land Assessment | $39,647 | Total Assessment | $177,248 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$39,647
Improvements Assessment
$137,601
Total Assessment
$177,248
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