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5701 W Touhy Ave
Niles, IL 60714
LA Fitness · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • National Tenant | LA Fitness | Largest Non-Franchised Fitness Operator in the Nation
  • Situated in a Mature Submarket with Very High Barriers to Entry
  • Irreplaceable Real Estate Surrounded by Nation’s Largest Retailers; Target, Costco, Walmart, Dick’s Sporting Goods, Best Buy, Walgreens & Much More
  • Rare, New 20-Year Lease with Rental Increases Every Five Years
  • Located on a Heavily Traveled Retail Thoroughfare | 38,100 Vehicles per Day Along Touhy Avenu
  • Dense Chicago MSA | Affluent Area

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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10-32-203-040-0000
  • 10-32-203-039-0000
Land Assessment
$477,478
Improvements Assessment
$679,664
Total Assessment
$1,157,142
  • Listing ID: 23854086

  • Date on Market: 8/6/2021

  • Last Updated:

  • Address: 5701 W Touhy Ave, Niles, IL 60714

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