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6 W 59th St
Chicago, IL 60621
Church's Chicken · Retail Property For Sale
PROPERTY FACTS
ABOUT 6 W 59TH ST , CHICAGO, IL 60621
The 59th Street Church’s Chicken is a ±1,400 SF, retail asset located 6 W 59th St in Chicago, Illinois. This opportunity presents investors with the ability to acquire a ground lease which presents no landlord responsibilities with value add through contractual escalations with options to extend. The Property is occupied by Church’s Chicken, a nationally recognized tenant with corporate guaranty. Positioned on a ±0.12 AC parcel and constructed in 1985, the building offers surface spaces and a drive-thru window. The Property is located in Cook County in the South Chicago Submarket just 2 blocks east of I-94. Additionally, the Property features excellent visibility and multiple points of egress/ingress. In 2019, the total specified consumer spending within a 5-mile radius of the Property accounts for ±$4,671,526,000 and there are ±14,176 businesses and ±91,253 employees. This desirable location makes for an excellent opportunity for investors seeking a ground lease opportunity in a very dense area of Chicago.
PROPERTY TAXES
| Parcel Number | 20-16-221-045-0000 | Improvements Assessment | $31,078 |
| Land Assessment | $11,138 | Total Assessment | $42,216 |
PROPERTY TAXES
