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Gateway Commons 7201-7211 W 63rd St 4,550 SF 100% Leased Retail Building Summit Argo, IL 60501 $1,899,000 ($417.36/SF)

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INVESTMENT HIGHLIGHTS

  • Additional 12 lots for expansion of Strip center or additional office or parking
  • Highly visible
  • Hard corner with entry from both Harlem and 63rd

EXECUTIVE SUMMARY

Hard Corner Strip Center at 63rd and Harlem. 4 retail spaces fully leased inside the retail building with long term leases and good rents. Large sign on corner for all tenants and amazing visibility. Access to both Harlem as well as 63rd. Street. Just down the street from Seat Geek Stadium and near everything Harlem has to offer. Highly dense and strong vehicle traffic. Call for Financials and additional information.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,550 SF
Building Class
C
Year Built
2005
Price
$1,899,000
Price Per SF
$417.36
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.34 AC
Opportunity Zone
Yes
Parking
20 Spaces (3.58 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

NEARBY MAJOR RETAILERS

BMO
Fifth Third Bank
Portillo's

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-24-203-019-0000
  • 18-24-203-020-0000
  • 18-24-203-018-0000
  • 18-24-203-021-0000
  • 18-24-203-022-0000
  • 18-24-203-023-0000
Land Assessment
$46,632
Improvements Assessment
$79,808
Total Assessment
$126,440
  • Listing ID: 26509204

  • Date on Market: 8/29/2022

  • Last Updated:

  • Address: 7201-7211 W 63rd St, Summit Argo, IL 60501

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