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LA Fitness 6107 N Broadway St 22,000 SF Retail Building Chicago, IL 60660 $8,622,000 ($391.91/SF) 7.50% Cap Rate

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Investment Highlights

  • Long-Term Single Tenant Net Lease | Fee Simple Ownership | Rental Increases
  • Densely Populated and Affluent Trade Area | High Traffic / Excellent Visibility
  • Rare Dense Infill Chicago Location
  • Credit Tenant | Corporate Lease
  • Strategic Retail Corridor Location | Limited Competition
  • Major Education Center Proximity

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
22,000 SF
Building Class
C
Year Built/Renovated
1921/2014
Price
$8,622,000
Price Per SF
$391.91
Cap Rate
7.50%
NOI
$646,715
Tenancy
Single
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.90 AC
Zoning
B1-3
Parking
69 Spaces (3.14 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Arts, Entertainment, and Recreation
  • 22,000 SF
  • $29.40
  • Double Net
  • Jun 2029

LA Fitness, founded in 1984 in Covina, California, is a privately held fitness club chain headquartered in Irvine, California. The company operates under its parent entity, Fitness International, and has grown into one of the largest health club operators in North America. LA Fitness provides a wide range of amenities, including group fitness classes, personal training, swimming pools, and specialized workout areas, catering to members of all fitness levels. Over the years, the company has expanded through acquisitions and the development of new locations, maintaining a strong presence across the United States and Canada. In addition to its flagship brand, LA Fitness has introduced and managed other fitness concepts, such as City Sports Club and Club Studio Fitness, to diversify its offerings. The company remains privately owned and continues to adapt its services to meet evolving fitness trends and consumer preferences.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Arts, Entertainment, and Recreation 22,000 SF $29.40 Double Net Jun 2029
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Whole Foods
Old National Bank
Bank of America
Chase Bank
PNC Bank
The Halal Guys
Edgewater Cross Fit
Anytime Fitness
Curves
Starbucks

Property Taxes

Property Taxes

Parcel Number
14-05-208-015-0000
Land Assessment
$140,625
Improvements Assessment
$1,065,022
Total Assessment
$1,205,647
  • Listing ID: 38264408

  • Date on Market: 10/30/2025

  • Last Updated:

  • Address: 6107 N Broadway St, Chicago, IL 60660

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