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Investment Highlights
- Excellent opportunity for an investor or owner/user to acquire a newer construction retail building near Jackson Park
- Flexible "L-shaped" layout provides potential to convert to a multiple-tenant retail center
- Conveniently located one (1) mile east of the Interstate-90 (I-90) and Interstate-94 (I-94) interchange
- 100% leased by YWCA and produces an NOI of $89,282
- Large on-site parking lot
Executive Summary
9,800 SF freestanding retail building located at of the SWC of the signalized intersection at Cottage Grove Avenue and Marquette Road (~20,000 VPD) in Chicago. The Property is 100% leased by the YWCA with lease term until October 2027. At the existing 100% occupancy rate, the Property produces a NOI of approximately $89,282. The single-tenant
building features a unique "L-shaped" layout, with potential to be demised into smaller units. The property includes parking on site and is conveniently located one (1) mile east of the Interstate-90 (I-90) and Interstate-94 (I-94) interchange. Neighboring retailers include Aldi (directly across the street), Jewel-Osco, Family Dollar, AutoZone, Chipotle,
McDonalds, Wendy's, and Subway, among many others.
building features a unique "L-shaped" layout, with potential to be demised into smaller units. The property includes parking on site and is conveniently located one (1) mile east of the Interstate-90 (I-90) and Interstate-94 (I-94) interchange. Neighboring retailers include Aldi (directly across the street), Jewel-Osco, Family Dollar, AutoZone, Chipotle,
McDonalds, Wendy's, and Subway, among many others.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,800 SF
Building Class
B
Year Built
2006
NOI
$89,282
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
C1-2
Amenities
- Bus Line
- Corner Lot
- Signalized Intersection
- Monument Signage
Walk Score®
Very Walkable (75)
Transit Score®
Excellent Transit (73)
Bike Score®
Very Bikeable (80)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $150,603 | |
| Land Assessment | $45,398 | Total Assessment | $196,001 |
Property Taxes
Parcel Numbers
Land Assessment
$45,398
Improvements Assessment
$150,603
Total Assessment
$196,001
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6600 S Cottage Grove Ave
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