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5701 W Touhy Ave
Niles, IL 60714
LA Fitness · Retail Property For Sale
Investment Highlights
- LA Fitness | Largest Non-Franchised Fitness Operator in the Nation | In the Top 10% for Most Visited LA Finesses in the Nation (Placer.ai)
- Situated in a Mature Submarket with Very High Barriers to Entry
- Irreplaceable Real Estate Surrounded by Nation’s Largest Retailers Including Target, Costco, Walmart, Dick’s Sporting Goods, Best Buy and More
- Rare, New 20-Year Lease with Rental Increases Every Five Years | NN | Corporately Guaranteed
- Located on a Heavily Traveled Retail Thoroughfare | 38,100 Vehicles per Day Along Touhy Avenue | Less than One Mile West of the I-94 Interchange
- Average Household Income Within One Mile is $141,897 | 182,697 People Live Within Three Miles of Subject Property
Property Facts
Property Type
Retail
Property Subtype
Health Club
Building Size
33,299 SF
Building Class
B
Year Built/Renovated
2011/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
3.12 AC
Zoning
B-2 - Neighborhood Business
Parking
200 Spaces (6.01 Spaces per 1,000 SF Leased)
Frontage
160’ on W Touhy
Amenities
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $524,613 | |
| Land Assessment | $852,637 | Total Assessment | $1,377,250 |
Property Taxes
Parcel Numbers
Land Assessment
$852,637
Improvements Assessment
$524,613
Total Assessment
$1,377,250
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