5698 W 111th St | Chicago Ridge, IL 60415
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- LoopNet Team
5698 W 111th St
Chicago Ridge, IL 60415
Oak Ridge Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% occupied strip center leased to local tenants
- Located in a dense in-fill and high barrier to entry market
- Located off of W. 111th St., along with national retailers, like Walgreens, CVS, Dunkin, Family Dollar, and Dollar Tree
- Value-add opportunity; asset has a weighted average lease term of 2.83 years
- Property benefits from frontage on W. 111th St., which sees 37,074 vehicles per day
- Surrounded by The Chicago Ridge Mall and Stony Creek Promenade, which are comprised of over 150 national and local retailers
PROPERTY FACTS
Property Type
Building Size
7,000 SF
Building Class
C
Year Built
1985
Tenancy
Multiple
Building Height
1 Story
Parking
20 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
151’ on 111th St
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $110,627 | |
| Land Assessment | $46,877 | Total Assessment | $157,504 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$46,877
Improvements Assessment
$110,627
Total Assessment
$157,504
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